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Albertus Magnus College

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

EIN: 060646520 ✦ New haven, CT ✦ Designated as a 501(c)(3)

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Overview

What is Albertus Magnus College?

Albertus Magnus College, located at 700 Prospect Street in New Haven, Connecticut (06511), is a dedicated institution of higher learning. With approximately 1,500 students and around 120 qualified instructors, the college provides a rich educational experience. Its mission involves conferring degrees upon students who successfully complete the prescribed curricula, as outlined by the college's charter and Connecticut state laws. The college maintains and operates this institution, offering instruction in the liberal arts and sciences, and employs a staff of 622 individuals to ensure the seamless operation.


Official website here: www.albertus.edu

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.

Albertus Magnus College demonstrates a strong commitment to accountability and financial transparency, as reflected in its impressive 96% overall score. The organization boasts a fully independent board of directors and high marks in various governance practices, including conflict of interest and whistleblower policies. Its financial health is robust, showcased by a solid program expense ratio of 80.95%, indicating that a significant portion of its funds is directed towards its mission-driven activities.

The college has effectively established an environment of oversight, with no material diversion of assets reported and comprehensive audit processes in place. The presence of detailed board meeting minutes and the thorough documentation of policies further attest to its operational integrity. These strengths contribute to building trust among stakeholders, including donors and the community it serves.

While the data highlights strong performance in governance and finance, no limitations were noted in the information gathered. This comprehensive approach to accountability and commitment to its mission positions Albertus Magnus College as a reputable institution within the nonprofit sector.


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

What do the Facebook reviews say about Albertus Magnus College?

92% of 49 reviewers on Facebook recommend Albertus Magnus College. Here is a summary of their reviews:

Many students and alumni express a strong sense of pride in their college, citing it as an exceptional institution in Connecticut. The enthusiasm is palpable, with some reviews marked by exclamation points, emphasizing their positive experiences.

Overall, the sentiment towards Albertus Magnus College is overwhelmingly positive, highlighting the strong community and supportive environment that the college provides to its students.


This AI summary has been generated from reviews found on Facebook.

Is Albertus Magnus College legitimate?

Albertus Magnus College is a legitimate nonprofit organization registered as a 501(c)(3) entity. Albertus Magnus 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: $733,576
Professional Fundraising Fees: $0
Other Salaries and Wages: $14,672,413

For more financial information, click here


Official website here: www.albertus.edu

What is the mission statement of Albertus Magnus College?

Albertus Magnus College is dedicated to delivering higher education to students. As an institution of learning, it offers instruction in the liberal arts and sciences and grants degrees upon completion of prescribed curricula. Adhering to its charter and Connecticut state laws, the college maintains and operates this academic institution. The college community comprises approximately 1,500 students and 120 qualified instructors, serving them through instruction, library resources, and student aid.


Official website here: www.albertus.edu

Who is the CEO of Albertus Magnus College?

Lauri Strimkovsky is the Trustee of Albertus Magnus College.


Official website here: www.albertus.edu

What is the revenue of Albertus Magnus College?

Albertus Magnus College's revenue in 2023 was $48,432,638.


Official website here: www.albertus.edu

Who are the executives of Albertus Magnus College and what are their salaries?

The average compensation at Albertus Magnus College during 2023 was $24,768. There are 622 employees and 24 volunteers at Albertus Magnus College.


Here are 28 key members and their salaries:


Alexander Clark (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne O Mccrory Jd (Trustee/Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara L Pearce Jd (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bishop Theodore L Brooks Sr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Franklin Reynolds (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Giovanni Duaqui (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hope Cahoon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joan E Sacco (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John R Nester (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph P Germain Jr (Trustee/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kerry Alys Robinson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lawrence P Ward (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marc M Camille Ed D (President/Trustee)
  • Compensation: $431,253
  • Related: $0
  • Other: $28,230
Paul Mccraven (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert J Lyons Jr (Treasurer/Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sister Anne Lythgoe Op (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sister Patricia Twohill Op (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sister Susan Olson Op (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sister Virginia Bruen Op (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tabitha W Manafort (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas F Flynn Ph D (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vincent Petrini (Chair/Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauri Strimkovsky (Vp For Finance)
  • Compensation: $195,590
  • Related: $0
  • Other: $22,898
Andrea Kovacs (Vp For Em&M)
  • Compensation: $165,188
  • Related: $0
  • Other: $37,568
Mary Young (Vp For Advancement)
  • Compensation: $171,261
  • Related: $0
  • Other: $21,443
Sean O'Connell (Vp For Academic Affairs)
  • Compensation: $195,209
  • Related: $0
  • Other: $24,821
Steven Gstalder (Outgoing Vp For Information Technology)
  • Compensation: $160,952
  • Related: $0
  • Other: $40,791
William Aniskovich (Dean Of The Tagliatela School Of Business Leadersh)
  • Compensation: $164,288
  • Related: $0
  • Other: $0


Official website here: www.albertus.edu

Where can I find the form 990 for Albertus Magnus College?

Albertus Magnus College's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.albertus.edu

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

Mission Statement of Albertus Magnus College

Albertus Magnus College, a reputable institution of higher learning, is dedicated to the pursuit of knowledge and the conferral of degrees to its approximately 1,500 students. In accordance with its charter and the laws of the state, the college offers instruction in the liberal arts and sciences, ensuring a well-rounded education for its students.

Situated at the heart of this academic endeavor are around 120 qualified instructors. Together, they provide instruction, library services, and student aid to ensure a comprehensive educational experience. The college's mission transcends mere instruction; it aims to maintain and operate an institution that fosters intellectual growth and prepares students for the future. By providing a rigorous curriculum, Albertus Magnus College empowers its students to reach their full potential.

The college's commitment to education goes beyond the classroom. It operates as a physical plant, offering extensive resources and support services to its students. From the library to student aid, the college ensures that its students have access to the tools they need to succeed. By nurturing the intellect and providing opportunities for growth, Albertus Magnus College remains a beacon of knowledge and a testament to the transformative power of education.

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Impact




October, 2024

Albertus Magnus College significantly impacts the New Haven community and beyond by providing comprehensive higher education to approximately 1,500 students. With a dedicated team of around 120 qualified instructors, the college prioritizes instruction in the liberal arts and sciences, fostering critical thinking and a well-rounded education. The institution is committed to student support through robust library services and financial aid, ensuring that education is accessible.

By maintaining a focus on developing knowledgeable and skilled graduates, Albertus Magnus College contributes to the workforce and enhances the cultural and intellectual fabric of the community. Its mission aligns with the broader objective of promoting academic excellence and lifelong learning, ultimately empowering individuals to achieve their personal and professional goals while positively influencing society.




This information is meant to be a general summary of Albertus Magnus 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.

Revenue
$48,432,638 (2023)
Expenses
$47,155,182 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $2,746,172
  • Program Service Revenue: $36,827,938
  • Gross Receipts: $60,654,292

Assets and Liabilities:

  • Total Assets: $75,659,174
  • Total Liabilities: $31,974,331
  • Net Assets: $43,684,843

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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

$31,619,868

STUDENT SUPPORT SERVICES

Revenue

$5,208,070

Organization Details

Founding Year

1925

Principal Officer

Lauri Strimkovsky

Main Address

700 PROSPECT STREET, NEW HAVEN, CT, 06511

NTEE Category

Code: B420 - Education

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