Saint Peters University

Organization Overview

Saint Peters University is located in Jersey City, NJ. The organization was established in 1946. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2021, Saint Peters University employed 1,186 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Saint Peters University 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, Saint Peters University generated $118.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $111.5m during the year ending 06/2021. While expenses have increased by 1.3% 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 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SAINT PETER'S UNIVERSITY EDUCATES A DIVERSE COMMUNITY OF LEARNERS IN UNDERGRADUATE, GRADUATE AND PROFESSIONAL PROGRAMS TO EXCEL, LEAD, SERVE AND PROMOTE JUSTICE.

Describe the Organization's Program Activity:

INSTRUCTION AND ACADEMIC SUPPORT - THE UNIVERSITY PROVIDES ACCREDITED COURSES AND OTHER RELATED SERVICES TO APPROXIMATELY 3,900 STUDENTS, INCLUDING BOTH DAY AND EVENING SESSIONS, FOR FULL-TIME OR PART-TIME UNDERGRADUATE (60 PROGRAMS) AND SEVERAL GRADUATE STUDY PROGRAMS. FINANCIAL AID IS AWARDED TO STUDENTS FROM INSTITUTIONAL SOURCES BASED ON ACADEMIC ACHIEVEMENT, ATHLETIC ABILITY AND NEED.


STUDENT SERVICES - INCLUDES ENROLLMENT SERVICES, REGISTRAR, HEALTH AND COUNSELING PROGRAMS, FINANCIAL AID, CAMPUS MINISTRY, STUDENT CLUBS AND ORGANIZATIONS, INTERCOLLEGIATE AND INTRAMURAL SPORTS AND ACTIVITIES, AND STUDENT HOUSING.


SPONSORED PROGRAMS - INCLUDES VARIOUS PRIVATE PROGRAMS FOR THE BENEFIT OF THE STUDENT BODY, SUCH AS ACADEMIC ENRICHMENT, ACADEMIC CHAIRS, CAPITAL CAMPAIGN, AND VARIOUS ENDOWED SCHOLARSHIPS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Sodexo Inc
Food Services
$3,113,717
Aramark
Facilities Mgmt
$2,330,293
Collins Building Services Inc
Custodial Services
$1,355,883
Summit Security Services Inc
Security
$1,700,872
Ellucian Company Lp
Info Tech Services
$1,015,781
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$471,876
Related organizations$0
Government grants $14,576,403
All other contributions, gifts, grants, and similar amounts not included above$4,538,458
Noncash contributions included in lines 1a–1f $214,465
Total Revenue from Contributions, Gifts, Grants & Similar$19,586,737
Total Program Service Revenue$95,781,813
Investment income $1,219,952
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income -$48,830
Net Gain/Loss on Asset Sales $2,035,426
Net Income from Fundraising Events -$51,777
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $118,523,321

Grants Recieved

Over the last fiscal year, we have identified 38 grants that Saint Peters University has recieved totaling $2,313,304.

Awarding OrganizationAmount
Thomas & Sarah Macmahon Fam Char Fdtn Tr

Wilmington, DE

PURPOSE: GENERAL & UNRESTRICTED

$1,004,700
Schwab Charitable Fund

San Francisco, CA

PURPOSE: EDUCATION

$567,950
Metro Atlantic Athletic Conference

Edison, NJ

PURPOSE: TO SUPPORT MEMBER INSTITUTION

$295,380
Sales Executive Club Of New Jersey Foundation

Morristown, NJ

PURPOSE: SCHOLARSHIP

$65,000
Community Foundation Of New Jersey

Morristown, NJ

PURPOSE: GENERAL SUPPORT

$65,000
Independent College Fund Of Nj

Trenton, NJ

PURPOSE: FURTHERING EDUCATION AS AN EXEMPT PURPOSE

$48,956
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$34,738,402
Earnings$7,858,322
Net Contributions$1,131,835
Other Expense$2,787,361
Ending Balance$40,941,198

Peer Organizations

Organization NameAssets
Fordham University
Bronx, NY
$953,892,663
Rochester Institute Of Technology
Rochester, NY
$1,071,324,345
St Johns University New York
Jamaica, NY
$798,473,536
Villanova University
Villanova, PA
$872,271,471
Rensselaer Polytechnic Institute
Troy, NY
$653,047,178
Rockefeller University
New York, NY
$535,346,959
Lehigh University
Bethlehem, PA
$713,288,867
The New School
New York, NY
$558,997,855
Hofstra University
Hempstead, NY
$606,887,297
American University Of Beirut
New York, NY
$608,300,843
Seton Hall University
South Orange, NJ
$473,034,000
Duquesne University Of The Holy Spirit
Pittsburgh, PA
$434,180,406

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