Overview
What is New York Institute Of Technology?
The New York Institute of Technology (NYIT) is a well-known, non-profit educational institution with a student population of 14,000. It offers diverse degree programs in various fields, such as architecture and design, arts and sciences, education, engineering and computing sciences, health professions, management, and osteopathic medicine. With a strong commitment to fostering the next generation of leaders and inspiring innovation, NYIT has campuses in Long Island and Manhattan, as well as online and at its global sites. The institute is home to 12 NCAA Division II sports programs and one Division I team.
Official website here: www.nyit.edu
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)
The New York Institute Of Technology has received a strong Four-Star rating from Charity Navigator, reflecting its high standards in accountability and finance. The overall score is entirely based on the Accountability & Finance category, where it scored an impressive 96%. This rating indicates a strong commitment to transparency and responsible financial management.
Key strengths of the organization include a predominantly independent board, as evidenced by 94% of its members being independent. Furthermore, the organization has robust financial oversight mechanisms, including an Audit and Oversight Committee, and no material diversion of assets was reported. The program expense ratio is also noteworthy, at 95.11%, suggesting that a significant portion of its expenditures directly supports its mission.
While the data highlights many strengths, the summary does not provide insights into the organization's programmatic impact or community feedback. Hence, potential supporters may want to seek additional information regarding the effectiveness of its programs and the overall beneficiary experience.
This AI summary has been generated from information found on Charity Navigator.
Is New York Institute Of Technology legitimate?
New York Institute Of Technology is a legitimate nonprofit organization registered as a 501(c)(3) entity. New York Institute Of Technology 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: $2,850,978
Professional Fundraising Fees: $0
Other Salaries and Wages: $106,369,399
For more financial information, click here
Official website here: www.nyit.edu
What is the mission statement of New York Institute Of Technology?
The New York Institute of Technology is dedicated to educating the next generation of leaders and fostering innovation. It provides a range of degree programs, encompassing undergraduate, graduate, and professional degrees, in over 50 fields of study. These fields include architecture and design, arts and sciences, education, engineering and computing sciences, health professions, management, and osteopathic medicine. With a student body of 14,000, the institute offers academic programs at its Long Island and Manhattan campuses, online, and at its global locations. NYIT sponsors athletic teams participating in NCAA Division II and Division I competitions. The institution's mission is to prepare students for successful careers and contribute to advancements in their chosen fields.
Official website here: www.nyit.edu
Who is the CEO of New York Institute Of Technology?
Henry Foley Phd is the Principal Officer of New York Institute Of Technology.
Official website here: www.nyit.edu
What is the revenue of New York Institute Of Technology?
New York Institute Of Technology's revenue in 2022 was $372,691,826.
Official website here: www.nyit.edu
Who are the executives of New York Institute Of Technology and what are their salaries?
The average compensation at New York Institute Of Technology during 2022 was $44,689. There are 2444 employees at New York Institute Of Technology.
Here are 33 key members and their salaries:
- Compensation: $990,956
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- Other: $109,143
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- Compensation: $454,267
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- Other: $50,682
- Compensation: $407,922
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- Other: $61,497
- Compensation: $223,304
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- Other: $59,683
- Compensation: $737,777
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- Other: $61,197
- Compensation: $586,198
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- Other: $32,732
- Compensation: $407,533
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- Other: $61,097
- Compensation: $350,164
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- Other: $58,004
- Compensation: $363,403
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- Other: $11,236
- Compensation: $304,151
- Related: $0
- Other: $57,856
- Compensation: $431,861
- Related: $0
- Other: $60,696
- Compensation: $349,235
- Related: $0
- Other: $50,911
- Compensation: $359,394
- Related: $0
- Other: $59,554
- Compensation: $326,232
- Related: $0
- Other: $20,780
- Compensation: $325,525
- Related: $0
- Other: $52,319
Official website here: www.nyit.edu
Where can I find the form 990 for New York Institute Of Technology?
New York Institute Of Technology's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nyit.edu
Learn more at the official website: www.nyit.edu
Mission Statement of New York Institute Of Technology
New York Institute of Technology, a non-profit independent institution of higher education, is dedicated to fostering the next generation of leaders and encouraging innovation through its diverse range of educational programs. With a commitment to academic excellence, NYIT offers undergraduate, graduate, and professional degrees in over fifty fields of study, including architecture and design, arts and sciences, education, engineering and computing sciences, health professions, management, and osteopathic medicine. This comprehensive curriculum caters to a student body of 14,000, all of whom are driven to expand their knowledge and advance their careers.
NYIT's mission extends beyond the classroom. The institution is home to eleven NCAA Division II sports programs and one Division I team, providing students with opportunities to balance academic pursuits with athletic endeavors. NYIT's dedication to its students' overall well-being is reflected in its commitment to their academic, personal, and athletic development. As a trailblazer in education, NYIT continues to inspire innovation and produce future leaders in a multitude of industries.
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Impact
October, 2024
The New York Institute of Technology (NYIT) plays a pivotal role in shaping the future by educating the next generation of leaders and fostering innovation across various fields. With a comprehensive offering of 90 degree programs spanning over 50 disciplines, including architecture, engineering, health professions, and the arts, NYIT prepares students for a dynamic workforce and evolving industry demands.
With a diverse student body of 14,000 individuals attending campuses in Long Island, Manhattan, and online, as well as at international locations, NYIT promotes a global perspective in education. This diversity enriches the learning environment, fostering collaboration and cultural exchange among students from various backgrounds.
Furthermore, NYIT's commitment to both academic excellence and comprehensive student engagement is evident in its sponsorship of NCAA Division II sports programs, which not only enhances school spirit but also encourages teamwork and discipline among participants.
Overall, NYIT's impact is reflected in its dedication to developing skilled professionals who are equipped to tackle contemporary challenges, innovate within their fields, and contribute meaningfully to society.
This information is meant to be a general summary of New York Institute Of Technology. 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: $29,837,644
- Program Service Revenue: $315,593,552
- Gross Receipts: $546,288,048
Assets and Liabilities:
- Total Assets: $422,758,629
- Total Liabilities: $204,624,668
- Net Assets: $218,133,961
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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
$299,403,138
STUDENT INSUR. PREM.
Revenue
$6,931,962
MEDICAL OUTREACH CENT.
Revenue
$3,847,103
ROOM AND BOARD
Revenue
$3,355,343
ANCILLARY STUDENT SERV
Revenue
$1,416,283
Organization Details
Founding Year
1955
Phone
(516) 686-7915Principal Officer
Henry Foley Phd
Main Address
NORTHERN BLVD GERRY HOUSE 200, OLD WESTBURY, NY, 11568
Website
www.nyit.eduNTEE Category
Code: B430 - Education
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