Overview
What is Nichols College?
Nichols College is a Massachusetts-based institution dedicated to providing a career-focused business education to approximately 1,055 degree-seeking students, with about 1,037 of these being full-time students. The college offers associate, bachelor's, and master's degrees in various business fields, with approximately 748 of the full-time day students receiving housing and meals. Nichols College is committed to fostering the next generation of leaders, with over 94% of its graduates securing employment related to their majors. The college's campus in Dudley offers a comprehensive liberal arts program, with graduate-level degrees in business including an MBA and master's degrees in accounting, organizational leadership, and counterterrorism. Accelerated and online formats are also available for adult populations. Students can expect a welcoming environment that encourages learning and growth under the guidance of faculty and staff dedicated to student success. The college provides essential services such as admissions, financial aid, athletic opportunities, residence life support, career placement, new student orientations, health services, and registrar services.
Official website here: www.nichols.edu
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96%, Four-Star out of Four Star rating
Nichols College has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong financial health and commitment to accountability. The organization’s overall score is derived solely from its performance in Accountability & Finance, where it scored an impressive 96%. This high rating emphasizes Nichols College's effective management of resources and adherence to best practices in financial oversight.
The college demonstrates a robust governance structure, with a fully independent board comprised of 33 members. It has implemented comprehensive policies, including a conflict of interest policy and a whistleblower policy, ensuring transparency and ethical management. The absence of any material diversion of assets further strengthens its reputation and trustworthiness.
Despite the positive ratings, the summary does not address broader impacts or community engagement initiatives, focusing primarily on accountability metrics. While financial management is crucial, potential donors and stakeholders may benefit from insights into the college's educational programs and overall mission impact.
This AI summary has been generated from information found on Charity Navigator.
Is Nichols College legitimate?
Nichols College is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nichols College 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: $947,160
Professional Fundraising Fees: $0
Other Salaries and Wages: $13,638,375
For more financial information, click here
Official website here: www.nichols.edu
What is the mission statement of Nichols College?
Nichols College aims to cultivate future leaders through a dynamic, career-focused business education. The institution transforms students into accomplished graduates, equipped to tackle challenges and assume significant roles in the global economy. The learning experience takes place in a supportive environment, where students are encouraged to thrive under the guidance of committed faculty and staff dedicated to student success. The college offers a comprehensive business program, along with master's degrees and accelerated formats, preparing students for various professional paths.
Official website here: www.nichols.edu
Who is the CEO of Nichols College?
Jamie Skowyra is the Treasurer of Nichols College.
Official website here: www.nichols.edu
What is the revenue of Nichols College?
Nichols College's revenue in 2022 was $60,723,172.
Official website here: www.nichols.edu
Who are the executives of Nichols College and what are their salaries?
The average compensation at Nichols College during 2022 was $22,033. There are 662 employees and 110 volunteers at Nichols College.
Here are 44 key members and their salaries:
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Official website here: www.nichols.edu
Where can I find the form 990 for Nichols College?
Nichols College's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nichols.edu
Learn more at the official website: www.nichols.edu
Mission Statement of Nichols College
Nichols College, a leading educational institution, is dedicated to shaping the next generation of business professionals. By providing a dynamic and career-focused education, the college transforms students into successful graduates, ready to tackle challenges, embrace responsibility, and assume significant roles in the global economy. The college fosters an environment of learning and growth, where students are encouraged to thrive under the guidance of mentoring faculty and staff committed to their success.
At the heart of Nichols College's mission lies the development of future leaders. The college's unique approach to business education extends beyond the classroom, with a comprehensive offering of programs in the liberal arts. This well-rounded education prepares students for various roles in their chosen field, empowering them to make a lasting impact.
On the graduate level, the college offers a range of master's degrees, including an MBA and specializations in Accounting, Organizational Leadership, and Counterterrorism. These programs cater to diverse career paths, and accelerated and online formats are available to cater to adult learners. Regardless of the chosen program, students at Nichols College receive an education that equips them with the tools and knowledge to excel in their field.
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Impact
October, 2024
Nichols College plays a significant role in shaping the future of its students and impacting the local community. With a strong focus on career-oriented business education, over 94 percent of graduates find employment in fields related to their majors. This success is fostered by a dynamic curriculum that integrates business and liberal arts, preparing students for real-world challenges.
Located in Dudley, Massachusetts, Nichols College serves approximately 1,055 degree-seeking students, offering a range of programs, including Bachelor’s and Master’s degrees, particularly in business disciplines. The college creates a nurturing environment where students can thrive, supported by a variety of services such as career placement, financial aid, health services, and residence life support.
Moreover, Nichols College also caters to adult learners with its accelerated and online MBA and Master of Science degrees in areas like Accounting, Organizational Leadership, and Counterterrorism, further extending its educational reach. By equipping students with the skills and knowledge necessary for leadership roles in the global economy, Nichols College not only transforms individual lives but also contributes to the economic vitality of its community and beyond. The campus fosters a vibrant student life enriched with co-curricular activities and athletic opportunities, enhancing the overall educational experience.
This information is meant to be a general summary of Nichols College. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,281,093
- Program Service Revenue: $52,895,611
- Gross Receipts: $60,830,132
Assets and Liabilities:
- Total Assets: $114,721,498
- Total Liabilities: $27,160,822
- Net Assets: $87,560,676
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION & RELATED FEES
Revenue
$42,114,477
AUXILIARY REVENUE
Revenue
$10,781,134
Organization Details
Founding Year
1815
Phone
(508) 213-1560Principal Officer
Jamie Skowyra
Main Address
CENTER ROAD PO BOX 5000, DUDLEY, MA, 015715000
Website
www.nichols.eduNTEE Category
Code: B420 - Education
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