Maria College

Organization Overview

Maria College is located in Albany, NY. The organization was established in 1946. According to its NTEE Classification (B41) the organization is classified as: Two-Year Colleges, under the broad grouping of Education and related organizations. As of 06/2021, Maria College employed 220 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Maria College is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Maria College generated $17.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $15.1m during the year ending 06/2021. While expenses have increased by 5.0% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

MARIA COLLEGE IS A CATHOLIC COLLEGE, SPONSORED BY THE SISTERS OF MERCY OF THE AMERICAS. IT OFFERS MASTERS, BACHELORS, AND ASSOCIATES DEGREES AND CERTIFICATE PROGRAMS IN PREDOMINANTLY HEALTHCARE-RELATED FIELDS. THE COLLEGE IS ACCREDITED BY THE MIDDLE STATES COMMISSION ON HIGHER EDUCATION AND ITS DEGREE PROGRAMS ARE REGISTERED BY THE NEW YORK STATE DEPARTMENT OF EDUCATION AND APPROVED BY THE UNIVERSITY OF THE STATE OF NEW YORK.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE COLLEGE PROVIDES EDUCATIONAL SERVICES TO STUDENTS THAT CULMINATE IN EITHER AN ASSOCIATES OR BACCALAUREATE DEGREE OR A CERTIFICATE.


AUXILIARY ENTERPRISES INCLUDE REVENUES AND EXPENSES OF THE COLLEGE BOOKSTORE, WHICH SUPPORTS THE STUDENTS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Clickner Secruity Inc
Security Services
$157,275
Adnet Technologies Ny Llc
It Services & Consulting
$513,654
Architecture Plus
Building Design
$254,835
Empire Building Services
Cleaning Services
$199,603
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $3,512,232
All other contributions, gifts, grants, and similar amounts not included above$645,736
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$4,157,968
Total Program Service Revenue$11,412,407
Investment income $222,101
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $66,500
Net Gain/Loss on Asset Sales $1,194,249
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $17,053,225

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Maria College has recieved totaling $172,881.

Awarding OrganizationAmount
Mother Cabrini Health Foundation

New York, NY

PURPOSE: ACCESSIBILITY AND COUNSELING SERVICES AT THE FRANK E. O'BRIEN JR. STUDENT SUPPORT CENTER

$140,000
The Community Foundation For The Greater Capital Region Inc

Albany, NY

PURPOSE: SIMULATION LAB TECHNOLOGY AND SCHOLAR TUITION

$16,381
Julia O Wells Memorial Education Foundation Inc

Latham, NY

PURPOSE: COLLEGE GRANT

$6,500
R Shapiro Family Foundation Inc

Santa Rosa, CA

PURPOSE: SCHOLARSHIP FUND

$5,000
Keybank Community Trust

Brooklyn, OH

PURPOSE: SCHOLARSHIP

$5,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$575,885
Earnings$79,854
Net Contributions$299,112
Other Expense-$55,582
Grants-$57,381
Ending Balance$841,558

Peer Organizations

Organization NameAssets
Mount Aloysius College
Cresson, PA
$41,178,883
Landmark College Inc
Putney, VT
$38,969,151
Lackawanna College
Scranton, PA
$37,550,402
Keystone College
La Plume, PA
$32,307,027
Mitchell College
New London, CT
$31,379,437
Hilbert College
Hamburg, NY
$25,027,344
Trocaire College
Buffalo, NY
$27,715,968
Laboure College
Milton, MA
$27,640,427
Maria College
Albany, NY
$17,053,225
Villa Maria College Of Buffalo
Buffalo, NY
$15,072,401
Monroe Community College Assn Inc
Rochester, NY
$9,260,852
Northampton County Area Community College Foundation
Bethlehem, PA
$10,129,172

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