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Northeastern University

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 041679980 ✦ Boston, MA ✦ Designated as a 501(c)(3)

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Overview

What is Northeastern University?

Northeastern University, based in Boston, Massachusetts, is a renowned private research institution with a rich history dating back to 1898. The university proudly offers a range of undergraduate and graduate programs on its campus, which includes areas such as Fenway-Kenmore, Roxbury, South End, and Back Bay neighborhoods. Northeastern University is dedicated to advancing knowledge and fostering innovation through rigorous academic programs and research initiatives.


Official website here: www.northeastern.edu

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Stars)

Northeastern University holds an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. The rating is based entirely on a single beacon score, which indicates that the organization excels in managing its resources effectively. With a program expense ratio of 90.03%, it demonstrates a dedication to channeling funds toward its core mission.

The university showcases robust governance practices, with a majority of its board members being independent. This independence, coupled with a well-structured audit and oversight committee, ensures transparency and reduces potential conflicts of interest. The organization also has comprehensive policies in place, including conflict of interest and whistleblower policies, which further enhance its operational integrity.

While the financial health indicators, such as a liabilities to assets ratio of 37.71%, suggest a stable organization, the ratings highlight no material diversions of assets, underscoring prudent financial management. Overall, Northeastern University exemplifies strong governance and financial accountability, making it a trustworthy nonprofit in the education sector.


This AI summary has been generated from information found on Charity Navigator.

Is Northeastern University legitimate?

Northeastern University is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northeastern University submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $12,031,280
Professional Fundraising Fees: $0
Other Salaries and Wages: $687,787,247

For more financial information, click here


Official website here: www.northeastern.edu

What is the mission statement of Northeastern University?

Northeastern University is a renowned private research institution based in Boston, Massachusetts, with a rich history dating back to 1898. The university is dedicated to providing both undergraduate and graduate programs. Its mission is centered around the pursuit of knowledge and academic excellence, ensuring students receive a comprehensive education. The university's commitment extends beyond the classroom, as it fosters a dynamic learning environment that encourages innovation, creativity, and the application of knowledge to real-world problems. Northeastern University's dedication to research further positions it as a leader in advancing new discoveries and expanding the frontiers of knowledge. The university's diverse campus spread across various neighborhoods in Boston offers a vibrant and inclusive learning community for students from all walks of life.


Official website here: www.northeastern.edu

Who is the CEO of Northeastern University?

Joseph E Aoun is the President/Trustee of Northeastern University.


Official website here: www.northeastern.edu

What is the revenue of Northeastern University?

Northeastern University's revenue in 2022 was $2,393,370,957.


Official website here: www.northeastern.edu

Who are the executives of Northeastern University and what are their salaries?

The average compensation at Northeastern University during 2022 was $34,344. There are 20377 employees and 361 volunteers at Northeastern University.


Here are 55 key members and their salaries:


Joseph E Aoun (President/Trustee)
  • Compensation: $2,568,096
  • Related: $0
  • Other: $328,082
Diane N Macgillivray (Svp Of University Advancement)
  • Compensation: $1,242,785
  • Related: $0
  • Other: $92,161
Ralph C Martin Ii (Svp & Gen Counsel(Until 12/21))
  • Compensation: $1,227,042
  • Related: $0
  • Other: $41,295
Thomas Nedell (Svp Finance And Treasurer)
  • Compensation: $919,600
  • Related: $0
  • Other: $220,520
David Madigan (Provost & Svp)
  • Compensation: $931,137
  • Related: $0
  • Other: $59,721
Michael A Armini (Svp - External Affairs)
  • Compensation: $833,270
  • Related: $0
  • Other: $83,484
Kenneth W Henderson (Chancellor And Svp Learning)
  • Compensation: $721,633
  • Related: $0
  • Other: $115,129
Usama M Fayyad (Exec. Dir - Institute For Ai)
  • Compensation: $793,692
  • Related: $0
  • Other: $32,632
David Luzzi (Sr Vice Provost - Research)
  • Compensation: $728,659
  • Related: $0
  • Other: $60,554
Carla Brodley (Prof. & Dean & Exec. Director)
  • Compensation: $645,569
  • Related: $0
  • Other: $92,204
James Hackney (Dean School Of Law)
  • Compensation: $657,605
  • Related: $0
  • Other: $57,868
William Coen (Head Coach Men'S Basketball)
  • Compensation: $604,374
  • Related: $0
  • Other: $58,365
Emery Trahan (Interim Dunton Family Dean)
  • Compensation: $518,182
  • Related: $0
  • Other: $58,147
Raj Echambadi (Dunton Fam. Dean (Until 8/21))
  • Compensation: $499,441
  • Related: $0
  • Other: $50,397
Carmen Sceppa (Dean - Bouv Health Sciences)
  • Compensation: $476,229
  • Related: $0
  • Other: $57,681
Sundar Kumarasamyuntil 822 (Vp - Enrollment Management)
  • Compensation: $368,913
  • Related: $0
  • Other: $137,003
Mary Loeffelholz (Professor Of English)
  • Compensation: $438,571
  • Related: $0
  • Other: $43,633
Gregory Abowd (Dean - Coe (Eff 3/21))
  • Compensation: $416,593
  • Related: $0
  • Other: $40,398
Alan Mislove Unt 1221 (Interim Dean-Khoury)
  • Compensation: $403,748
  • Related: $0
  • Other: $38,413
Jacqueline Isaacs (Vice Provost Faculty Affairs)
  • Compensation: $399,722
  • Related: $0
  • Other: $30,150
Hugh Courtney (Professor Intl Business)
  • Compensation: $300,387
  • Related: $0
  • Other: $82,206
Jack Reynolds (Prof Pharmacy & Health System)
  • Compensation: $216,948
  • Related: $0
  • Other: $50,468
Jeffrey S Bornstein (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Subodh Chanrai (Trustee (Eff 7/1/21))
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey J Clarke (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William J Conley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard A D'Amore (Trustee/Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Deitch (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Dunsire (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Spencer T Fung (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward G Galante (Trustee/Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sir Lucian Grainge Cbe (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David House (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frances N Janis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chaitanya Kanojia (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amin Khoury (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Venetia Kontogouris (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William A Lowell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan S Mckim (Trustee/Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd M Manganaro (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anita Nassar (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Pallotta (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John V Pulichino (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marcy L Reed (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Winslow L Sargeant (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeannine P Sargent (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronald Sargent (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maha Shair (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melpomeni Travlos (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jean-Pascal Tricoire (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph M Tucci (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher A Viehbacher (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christophe P Weber (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael J Zamkow (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Strother (Svp & Gen Counsel (Eff 1/22))
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.northeastern.edu

Where can I find the form 990 for Northeastern University?

Northeastern University's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.northeastern.edu

Learn more at the official website: www.northeastern.edu

Mission Statement of Northeastern University

Northeastern University, a private research institution based in Boston, Massachusetts, was founded in 1898. Dedicated to expanding the horizon of knowledge, the university provides undergraduate and graduate programs, fostering intellectual curiosity and academic excellence. Nestled in the vibrant neighborhoods of Fenway-Kenmore, Roxbury, South End, and Back Bay, the institution's campus is a hub of innovation and learning. Northeastern University is renowned for its commitment to research, offering a stimulating academic environment where students and faculty collaborate to discover new solutions and advance the frontiers of their respective fields. The university's mission is to empower its students with the knowledge, skills, and experiences necessary to excel in a rapidly evolving world and make meaningful contributions to their communities and professions.

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Impact




October, 2024

Northeastern University significantly influences education, research, and community engagement in Boston and beyond. Established in 1898, it has evolved into a renowned private research institution, offering a diverse array of undergraduate and graduate programs across various disciplines. Situated in the dynamic neighborhoods of Fenway-Kenmore, Roxbury, South End, and Back Bay, the university fosters an innovative learning environment that integrates rigorous academic study with experiential learning opportunities.

A hallmark of Northeastern’s approach is its commitment to co-op programs, which allow students to gain real-world experience while pursuing their degrees. This emphasis on experiential education not only enriches students' academic journeys but also strengthens ties between the university and local businesses, contributing to economic growth and workforce development in the region.

Moreover, Northeastern University actively engages in research initiatives that address pressing global challenges, ranging from health and technology to social justice and sustainability. As a hub for innovation, it attracts scholars and thought leaders dedicated to making a positive impact in their fields and communities.

Through its mission, Northeastern University continues to shape the landscape of higher education, empower students, and address societal needs, reinforcing its role as a vital asset within the Boston community and beyond.




This information is meant to be a general summary of Northeastern University. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$2,393,370,957 (2022)
Expenses
$2,146,870,270 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $120,561,159
  • Program Service Revenue: $1,980,951,936
  • Gross Receipts: $2,622,873,255

Assets and Liabilities:

  • Total Assets: $5,456,278,000
  • Total Liabilities: $1,985,024,000
  • Net Assets: $3,471,254,000

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION,RM BD,FEES

Revenue

$1,975,007,568

PARKING

Revenue

$3,076,678

FOOD SERVICE

Revenue

$2,867,690

Organization Details

Founding Year

1898

Principal Officer

Joseph E Aoun

Main Address

360 HUNTINGTON AVENUE, BOSTON, MA, 02115

NTEE Category

Code: B83 - Education

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