Totals
- Total revenue
- $32,209,762
- Total expenses
- $41,674,029
- Contributions and grants received
- $3,520,294
- Grants paid
- $0
- Program service revenue
- $21,349,787
- Investment income
- $1,361,814
- Other revenue
- $5,977,867
- Total assets, end of year
- $103,772,742
- Total liabilities, end of year
- $15,249,085
- Net assets or fund balances, end of year
- $88,523,657
- Program services expenses (Part IX)
- $32,151,078
- Management and general expenses
- $8,141,870
- Fundraising expenses
- $1,381,081
- Program service expenses (Part III)
- $32,151,078
Program services were 77.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$352,908
-
1e · Government grants (contributions)
$895,971
-
1f · All other contributions, gifts and grants
$2,271,415
-
1g · Noncash contributions included above
$920,878
-
2a · Program service revenue: BOOKSTORE SALES
total $41,454 · related or exempt $41,454
-
2b · Program service revenue: FOOD SERVICE FEES
total $3,646,787 · related or exempt $3,646,787
-
2c · Program service revenue: TUITION & FEES
total $17,661,546 · related or exempt $17,661,546
-
3 · Investment income
total $1,361,814 · excluded $1,361,814
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: gross income
$199,376
-
8a · Fundraising events: contributions included on line 1c
$352,908
-
8b · Fundraising events: direct expenses
$199,376
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: HOUSING FEES
total $5,114,258 · related or exempt $5,114,258
-
11b · Other revenue: OTHER REVENUE
total $863,609 · related or exempt $863,609
-
11e · Other revenue, total
$5,977,867
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $1,618,634 · program services $1,191,914 · management and general $357,411 · fundraising $69,309
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $16,244,460 · program services $11,912,789 · management and general $3,628,114 · fundraising $703,557
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $3,025,317 · program services $2,219,702 · management and general $674,766 · fundraising $130,849
-
10 · Payroll taxes
total $1,351,376 · program services $991,123 · management and general $301,740 · fundraising $58,513
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $0
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $2,828,805 · program services $2,545,925 · management and general $141,440 · fundraising $141,440
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $424,280 · program services $381,852 · management and general $21,214 · fundraising $21,214
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $3,009,931 · program services $2,708,937 · management and general $150,497 · fundraising $150,497
-
23 · Insurance
total $0
-
24a · Other expenses: Student Aid
total $3,926,372 · program services $3,926,372
-
24b · Other expenses: INSTRUCTION SUPPORT
total $3,216,753 · program services $1,078,484 · management and general $2,072,599 · fundraising $65,670
-
24c · Other expenses: STUDENT SERVICES
total $2,415,171 · program services $1,828,737 · management and general $586,434
-
24d · Other expenses: Auxiliary Enterprises
total $2,376,353 · program services $2,376,353
-
24e · All other expenses
total $1,236,577 · program services $988,890 · management and general $207,655 · fundraising $40,032
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
end of year $0
-
2 · Savings and temporary cash investments
beginning of year $6,326,973 · end of year $5,360,924
-
3 · Pledges and grants receivable
beginning of year $759,324 · end of year $1,023,541
-
4 · Accounts receivable
beginning of year $1,387,942 · end of year $668,721
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $1,055,190 · end of year $710,290
-
10a · Land, buildings and equipment: cost or other basis
$101,635,834
-
10b · Land, buildings and equipment: accumulated depreciation
$49,961,095
-
10c · Land, buildings and equipment, net
beginning of year $52,598,550 · end of year $51,674,739
-
11 · Investments: publicly traded securities
beginning of year $47,357,366 · end of year $42,683,783
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $86,978 · end of year $1,650,744
-
17 · Accounts payable and accrued expenses
beginning of year $2,360,460 · end of year $2,396,918
-
19 · Deferred revenue
beginning of year $1,270,647 · end of year $866,014
-
23 · Secured mortgages and notes payable
beginning of year $10,474,988 · end of year $10,025,141
-
25 · Other liabilities
beginning of year $504,718 · end of year $1,961,012
-
27 · Net assets without donor restrictions
beginning of year $75,845,130 · end of year $69,204,513
-
28 · Net assets with donor restrictions
beginning of year $19,116,380 · end of year $19,319,144
Mission and programs · 2022
Mission
ST.THOMAS COLLEGE IS AN INDEPENDENT LIBERAL ARTS COLLEGE WHICH PROVIDES EDUCATION AT THE UNDERGRADUATE AND GRADUATE LEVELS TO STUDENTS FROM ALL BACKGROUNDS IN THE HUDSON VALLEY, NEW YORK.
Activities or mission (Part I)
POST SECONDARY EDUCATIONAL SERVICES
-
THE COLLEGE EDUCATED OVER 2000 STUDENTS DURING THE FISCAL YEAR. ASSOCIATE,BACHELOR, AND GRADUATE DEGREES WERE AWARDED.
Expenses $32,151,078
As filed on the 2022 return.
Listed in Part VII
-
Mr Kenneth D DalyMR KENNETH D DALY
President
- Total calculated
- $536,418
- From this org
- $519,328
- From related orgs
- $0
- Other
- $17,090
- Hours/week
- 0
Schedule J breakdown matched by us
- Base
- $352,608
- Bonus
- $150,000
- Other
- $16,720
- Deferred
- $17,090
- Nontaxable benefits
- not reported
- Filer's total
- $536,418
-
Mrjoseph DoniniMRJOSEPH DONINI
Vice President
- Total calculated
- $307,993
- From this org
- $279,972
- From related orgs
- $0
- Other
- $28,021
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $256,165
- Bonus
- $12,681
- Other
- $11,126
- Deferred
- $15,370
- Nontaxable benefits
- $12,651
- Filer's total
- $307,993
-
Drrobert MurrayDRROBERT MURRAY
Provost
- Total calculated
- $293,258
- From this org
- $253,244
- From related orgs
- $0
- Other
- $40,014
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $228,320
- Bonus
- $24,924
- Other
- not reported
- Deferred
- $16,782
- Nontaxable benefits
- $23,232
- Filer's total
- $293,258
-
Thomas F FloodTHOMAS F FLOOD
INTITUTIONAL ADVANCEMENT
- Total calculated
- $261,844
- From this org
- $227,250
- From related orgs
- $0
- Other
- $34,594
- Hours/week
- 0
Schedule J breakdown matched by us
- Base
- $227,250
- Bonus
- not reported
- Other
- not reported
- Deferred
- $11,362
- Nontaxable benefits
- $23,232
- Filer's total
- $261,844
-
Mrsmaria T CoupeMRSMARIA T COUPE
Director Human Resources
- Total calculated
- $219,121
- From this org
- $184,048
- From related orgs
- $0
- Other
- $35,073
- Hours/week
- 0
Schedule J breakdown matched by us
- Base
- $170,650
- Bonus
- $13,398
- Other
- not reported
- Deferred
- $11,841
- Nontaxable benefits
- $23,232
- Filer's total
- $219,121
-
Mrs Nydia GaffeyMRS NYDIA GAFFEY
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Mr Peter SkaeMR PETER SKAE
Chairman
- Total calculated
- $0
- Hours/week
- 5
-
Mrs Alexa Bisignano NiotisMRS ALEXA BISIGNANO NIOTIS
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Sr Irene Ellis OpSR IRENE ELLIS OP
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Drvirginia RippDRVIRGINIA RIPP
Secretary
- Total calculated
- $0
- Hours/week
- 5
-
Sr Mary Murray OpSR MARY MURRAY OP
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Mr Anthony MattiaMR ANTHONY MATTIA
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Msmaureen R CoenMSMAUREEN R COEN
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Ms Irene PappasMS IRENE PAPPAS
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Dr Lanny S CohenDR LANNY S COHEN
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Mrdominic F D'AdamoMRDOMINIC F D'ADAMO
Vice Chairman
- Total calculated
- $0
- Hours/week
- 5
-
Dr Hasanat DewanDR HASANAT DEWAN
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Mrsmary L DuffyMRSMARY L DUFFY
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Sr Nancy Richter OpSR NANCY RICHTER OP
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Mr Daniel RifkinMR DANIEL RIFKIN
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Sr Meg Sweeney OpSR MEG SWEENEY OP
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Mr Paul C FitzpatrickMR PAUL C FITZPATRICK
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Dr James J Freeman JrDR JAMES J FREEMAN JR
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Mr William TrustMR WILLIAM TRUST
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Br Michael J Harlan OfmBR MICHAEL J HARLAN OFM
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Mr Peter UnanuaMR PETER UNANUA
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Drjack L KopniskyDRJACK L KOPNISKY
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Drcharles MaikishDRCHARLES MAIKISH
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Ms Natasha DescheneMS NATASHA DESCHENE
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Drjames F MooneyDRJAMES F MOONEY
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Judge Patrick LoftusJUDGE PATRICK LOFTUS
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Mrs Janet E Charles EsqMRS JANET E CHARLES ESQ
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Dr Susan M Dunn OpDR SUSAN M DUNN OP
Trustee
- Total calculated
- $0
- Hours/week
- 5
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 1a · Travel for companions
- 1a · Housing allowance or residence for personal use
- 1a · Health or social club dues or initiation fees
- 3 · Compensation committee
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- Part I, Line 1a: Relevant information in regards to selections on 1a.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202401369349303990
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.