Overview
What is Hofstra University?
Hofstra University, located in Hempstead, New York, is a dynamic institution of higher learning with a workforce of approximately 5,300 employees. The University offers a rich academic environment, sponsoring instruction, research, and public services. Its mission goes beyond the classroom, providing scholarships, fellowships, and various expenses to benefit the community. With a student body of 9,432 full-time equivalents, Hofstra University offers undergraduate and graduate programs, along with co-curricular, cultural programs, and activities. The University's commitment to its community extends beyond the campus, creating a vibrant and engaging learning environment.
Official website here: www.hofstra.edu
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)
Hofstra University has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong accountability and financial management. The university's score is based on a comprehensive evaluation of its financial practices, with a perfect score in several key areas, indicating robust oversight and commitment to transparency.
The organization boasts a fully independent board of trustees, demonstrating high standards of governance and oversight. Additionally, it has a well-established audit and oversight committee, ensuring that its financial statements are rigorously evaluated and maintained. The university also has effective policies in place for conflict of interest, whistleblower protection, and document retention, which contributes positively to its accountability framework.
Despite the strong financial health evidenced by a favorable liabilities-to-assets ratio and high program expense ratio, there are no notable limitations or weaknesses highlighted in the data. Overall, Hofstra University exemplifies a commitment to responsible financial practices, making it a reliable entity in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Hofstra University legitimate?
Hofstra University is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hofstra 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: $7,393,905
Professional Fundraising Fees: $195,000
Other Salaries and Wages: $195,071,736
For more financial information, click here
Official website here: www.hofstra.edu
What is the mission statement of Hofstra University?
Hofstra University is a higher learning institution that provides undergraduate and graduate programs, complemented by co-curricular activities and cultural programs. Its mission encompasses instruction and related academic support, extending to research, public services, sponsored programs, scholarships, fellowships, and community-benefiting expenses. The university is dedicated to fostering intellectual growth and personal development through its comprehensive educational offerings. Additionally, it engages in various initiatives to serve the broader community. (Approx. 125 words)
Official website here: www.hofstra.edu
Who is the CEO of Hofstra University?
Susan Poser is the President Eff 8/1/21 of Hofstra University.
Official website here: www.hofstra.edu
What is the revenue of Hofstra University?
Hofstra University's revenue in 2022 was $607,156,021.
Official website here: www.hofstra.edu
Who are the executives of Hofstra University and what are their salaries?
The average compensation at Hofstra University during 2022 was $37,936. There are 5337 employees and 1200 volunteers at Hofstra University.
Here are 53 key members and their salaries:
- Compensation: $1,964,294
- Related: $0
- Other: $85,709
- Compensation: $674,390
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- Other: $77,531
- Compensation: $568,747
- Related: $0
- Other: $164,585
- Compensation: $696,433
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- Other: $34,432
- Compensation: $608,356
- Related: $0
- Other: $78,200
- Compensation: $614,779
- Related: $0
- Other: $63,070
- Compensation: $473,794
- Related: $0
- Other: $84,372
- Compensation: $531,768
- Related: $0
- Other: $15,370
- Compensation: $416,479
- Related: $0
- Other: $108,939
- Compensation: $339,215
- Related: $0
- Other: $150,325
- Compensation: $456,784
- Related: $0
- Other: $18,633
- Compensation: $365,342
- Related: $0
- Other: $104,767
- Compensation: $405,138
- Related: $0
- Other: $53,642
- Compensation: $357,072
- Related: $0
- Other: $83,818
- Compensation: $337,661
- Related: $0
- Other: $70,590
- Compensation: $379,580
- Related: $0
- Other: $22,108
- Compensation: $296,327
- Related: $0
- Other: $70,281
- Compensation: $284,181
- Related: $0
- Other: $78,612
- Compensation: $332,990
- Related: $0
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Official website here: www.hofstra.edu
Where can I find the form 990 for Hofstra University?
Hofstra University's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hofstra.edu
Learn more at the official website: www.hofstra.edu
Mission Statement of Hofstra University
Hofstra University, an institution of higher learning, is dedicated to providing undergraduate and graduate programs, as well as co-curricular and cultural activities. The mission of Hofstra University encompasses instruction and related academic support, including research and public services. The university sponsors various programs, offers scholarships, fellowships, and other expenses that benefit the community. With a commitment to academic excellence, Hofstra University supports its students in their pursuit of knowledge and personal growth. The institution goes beyond the classroom, encouraging students to engage in experiential learning opportunities and community engagement initiatives. Hofstra University's faculty and staff work tirelessly to foster an inclusive and diverse learning environment, empowering students to reach their full potential. Through a combination of rigorous academics and enriching experiences, Hofstra University prepares its graduates to make a positive impact in their chosen fields and communities.
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Impact
October, 2024
Hofstra University plays a significant role in the landscape of higher education in Hempstead, New York, and beyond. With a diverse community of 9,432 full-time equivalent students as of Fall 2021, the university fosters an environment that supports both academic and personal growth through a wide array of undergraduate and graduate programs.
The institution emphasizes not just academic excellence but also co-curricular and cultural programs, enriching the student experience and encouraging engagement with the community. Hofstra’s mission includes providing comprehensive instructional support, research initiatives, and public services, ensuring that its offerings extend beyond the classroom to benefit the wider community.
Moreover, the university's commitment to scholarships and fellowships demonstrates its dedication to making education accessible, ultimately aiming to empower individuals and promote societal advancement. In this way, Hofstra University significantly contributes to the educational and cultural fabric of the region, preparing students to become informed and engaged citizens.
This information is meant to be a general summary of Hofstra 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $37,304,787
- Program Service Revenue: $531,887,334
- Gross Receipts: $759,231,262
Assets and Liabilities:
- Total Assets: $1,395,731,357
- Total Liabilities: $409,825,575
- Net Assets: $985,905,782
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION & FEES
Revenue
$467,184,269
SALES & SVC AUX ENT
Revenue
$41,352,392
SALES & SVC ED DPT
Revenue
$3,794,607
OTHER SOURCE ED SV
Revenue
$19,556,066
Organization Details
Founding Year
1935
Phone
(516) 463-6820Principal Officer
Susan Poser
Main Address
128 HOFSTRA UNIV PHILLIPS HALL 100, HEMPSTEAD, NY, 11549
Website
www.hofstra.eduNTEE Category
Code: B430 - Education
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