Overview
What is College Of Our Lady Of The Elms?
College of Our Lady of the Elms is a Catholic institution of higher learning based in Chicopee, Massachusetts. With a population of 1,728 full and part-time students, the college is dedicated to providing a nurturing and vibrant educational environment. Through a combination of liberal arts education and professional studies, Elms College empowers its diverse student body to effect positive change in their communities and the world. The college's mission, rooted in the founding tradition of the Sisters of St. Joseph, challenges students to embrace change, respond creatively to their chosen careers, and advocate for those in need. The institution, with a workforce of 670 employees, has adapted to the evolving times by developing innovative programs and offering educational sessions in seven different formats.
Official website here: www.elms.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The College of Our Lady of the Elms has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial transparency. With a score of 96% in Accountability & Finance, the organization demonstrates effective governance and sound fiscal management practices, showcasing its commitment to maintaining public trust.
Strengths of the organization include a strong independent board, with 96% of its members being independent, and an excellent performance in financial oversight. The organization has no reported material diversions of assets and maintains clear policies regarding conflict of interest and whistleblower protections. Its program expense ratio of 75.86% further illustrates the college's dedication to directing funds toward its mission.
While the overall data reflects a robust financial and governance framework, some may seek additional insights into the programmatic impact and outcomes of the college's initiatives. Nevertheless, the strong accountability practices underscore the institution's reliability as a nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is College Of Our Lady Of The Elms legitimate?
College Of Our Lady Of The Elms is a legitimate nonprofit organization registered as a 501(c)(3) entity. College Of Our Lady Of The Elms 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: $1,043,694
Professional Fundraising Fees: $7,250
Other Salaries and Wages: $14,640,072
For more financial information, click here
Official website here: www.elms.edu
What is the mission statement of College Of Our Lady Of The Elms?
The College of Our Lady of the Elms is a Catholic institution dedicated to educating a diverse student body in a nurturing and dynamic learning environment. By merging liberal arts education with professional studies, the college empowers students to make a positive impact on their communities and the world. Adhering to the founding tradition of the Sisters of St. Joseph, Elms College encourages students to embrace change while maintaining integrity, to respond creatively to their chosen careers, and to advocate for those in need. Rooted in faith, intellectually enlightened, compassionate, and socially responsible, Elms College fosters a community that is committed to civic and moral obligations.
Official website here: www.elms.edu
What is the revenue of College Of Our Lady Of The Elms?
College Of Our Lady Of The Elms's revenue in 2023 was $47,812,211.
Official website here: www.elms.edu
Who are the executives of College Of Our Lady Of The Elms and what are their salaries?
The average compensation at College Of Our Lady Of The Elms during 2023 was $22,059. There are 711 employees and 62 volunteers at College Of Our Lady Of The Elms.
Here are 41 key members and their salaries:
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Official website here: www.elms.edu
Where can I find the form 990 for College Of Our Lady Of The Elms?
College Of Our Lady Of The Elms's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.elms.edu
Learn more at the official website: www.elms.edu
Mission Statement of College Of Our Lady Of The Elms
The College of Our Lady of the Elms, a Catholic institution, is dedicated to educating a diverse student body in a nurturing and vibrant learning environment. Nestled in this mission is the liberal arts education, which empowers students to make a positive impact on their communities and the world. The College challenges its students to embrace change while upholding principles, to excel in their chosen careers, and to advocate for those in need. Rooted in faith, the College of Our Lady of the Elms fosters a community that is enlightened in intellect, compassionate in heart, and responsive to civic and social obligations.
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Impact
October, 2024
The College of Our Lady of the Elms has a profound impact on its community and beyond by fostering a vibrant and supportive learning environment for a diverse student body. By blending liberal arts education with professional studies, the college equips students with the skills and knowledge necessary to become effective leaders across various fields. In the 2021/2022 academic year, the college served 1,728 full and part-time students, demonstrating its commitment to accessible education.
Rooted in the values of the Sisters of St. Joseph, Elms College promotes principles of compassion, civic engagement, and social responsibility. Students are encouraged to embrace change and respond creatively to the complexities of their chosen careers while advocating for those in need. This mission not only shapes the individual journeys of students but also empowers them to effect positive social change, contributing to a more just and equitable world. The college's adaptive approach to educational programming ensures that it remains relevant and responsive to the evolving needs of society.
This information is meant to be a general summary of College Of Our Lady Of The Elms. 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 2023.
- Investment Income: $800,057
- Program Service Revenue: $38,234,854
- Gross Receipts: $50,439,050
Assets and Liabilities:
- Total Assets: $76,384,477
- Total Liabilities: $20,112,724
- Net Assets: $56,271,753
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$35,179,259
ROOM, BOARD & AUXILIAR
Revenue
$3,055,595
Organization Details
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