Overview
What is Mercy College?
Mercy College is a comprehensive institution based in Dobbs Ferry, New York, with three campuses in New York City and Westchester Counties. They offer undergraduate and graduate degree programs to over 9,500 students, and also provide online courses through the internet. The nonprofit is dedicated to educating students in liberal arts, sciences, business, education, and professional programs, with a commitment to preparing them for successful careers and personal growth. Mercy College employs over 2,400 staff members, offering motivated students the opportunity to transform their lives through high-quality, personalized learning environments.
Official website here: www.mercy.edu
What are the reviews and ratings of this charity?
Charity Navigator rating: 96%, Four-Star out of Four Star rating.
Mercy College has received a high rating of 96% from Charity Navigator, reflecting its strong commitment to accountability and financial health. The charity excels in several areas, including having a majority of independent board members and a robust audit and oversight committee. Its financial practices are transparent, with no material diversions of assets reported, which demonstrates a high level of integrity in managing funds.
The organization maintains comprehensive policies, including conflict of interest and whistleblower policies, ensuring ethical governance. Additionally, it effectively communicates its financial status, with a solid liabilities to assets ratio, indicating financial stability. The program expense ratio of 80.14% suggests that a substantial portion of its funding is directed toward its core mission, which is a positive sign for potential donors.
While the rating is impressive, potential supporters are encouraged to consider how Mercy College's programs align with their interests and values. Overall, the charity's strong governance and financial practices position it as a trustworthy organization within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Mercy College legitimate?
Mercy College is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mercy 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: $2,961,960
Professional Fundraising Fees: $0
Other Salaries and Wages: $66,829,645
For more financial information, click here
Official website here: www.mercy.edu
What is the mission statement of Mercy College?
Mercy College is dedicated to offering motivated students the opportunity to enhance their lives through higher education. The institution provides personalized and high-quality learning environments for students pursuing liberal arts and professional programs. Its commitment extends beyond preparing students for rewarding careers; it also encourages them to continue learning throughout their lives and to act ethically and responsibly in an ever-changing world. By offering a range of programs, Mercy College enables students to broaden their horizons and make a positive impact on society.
Official website here: www.mercy.edu
Who is the CEO of Mercy College?
Narda Romero is the Trustee of Mercy College.
Official website here: www.mercy.edu
What is the revenue of Mercy College?
Mercy College's revenue in 2022 was $239,467,272.
Official website here: www.mercy.edu
Who are the executives of Mercy College and what are their salaries?
The average compensation at Mercy College during 2022 was $28,923. There are 2413 employees and 22 volunteers at Mercy College.
Here are 36 key members and their salaries:
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- Compensation: $282,368
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- Other: $31,841
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- Other: $71,745
- Compensation: $225,603
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- Other: $44,227
- Compensation: $246,949
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- Other: $34,586
- Compensation: $251,912
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- Other: $49,454
- Compensation: $238,061
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- Other: $49,970
- Compensation: $270,405
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- Other: $38,700
Official website here: www.mercy.edu
Where can I find the form 990 for Mercy College?
Mercy College's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mercy.edu
Learn more at the official website: www.mercy.edu
Mission Statement of Mercy College
Mercy College, a dedicated educational institution, is committed to transforming the lives of motivated students through higher education. The college offers both liberal arts and professional programs, all delivered in personalized and high-quality learning environments. By doing so, Mercy College prepares its students to embark on rewarding careers, continue learning throughout their lives, and act ethically and responsibly in a changing world.
Mercy College's mission goes beyond academics. It is about providing opportunities for students to elevate their lives and reach their full potential. The college fosters an educational experience that goes beyond the classroom, enabling students to develop essential skills and knowledge necessary for success in their chosen fields. With a focus on both liberal arts and professional programs, Mercy College offers a well-rounded education that equips students with a strong foundation and practical skills to succeed in their careers and beyond.
As Mercy College continues to transform lives, it remains steadfast in its commitment to quality education. The institution's personalized approach ensures that each student receives the attention and support they need to thrive. By offering a range of programs and learning environments, Mercy College empowers its students to pursue their dreams and make a positive impact on the world.
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Impact
October, 2024
Mercy College plays a vital role in shaping the future of its students and the broader community through a commitment to high-quality education. With a focus on liberal arts, sciences, business, education, and professional programs, the college serves over 9,500 students across three campus locations in New York City and Westchester counties, alongside offering flexible online courses.
The college’s mission encompasses providing motivated students with opportunities to transform their lives through personalized learning experiences. This approach fosters not only academic achievement but also prepares students for rewarding careers and lifelong learning. By emphasizing ethical and responsible decision-making, Mercy College equips its graduates to navigate and contribute positively to an ever-evolving world. The impact of Mercy College extends beyond individual success, as it nurtures a generation of informed and responsible citizens ready to engage with and enhance their communities.
This information is meant to be a general summary of Mercy 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: $28,575,874
- Program Service Revenue: $170,769,045
- Gross Receipts: $398,510,967
Assets and Liabilities:
- Total Assets: $626,665,016
- Total Liabilities: $230,601,616
- Net Assets: $396,063,400
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GROSS TUITION & FEES
Revenue
$163,088,071
AUXILIARY INCOME
Revenue
$7,680,974
Organization Details
Founding Year
1950
Phone
(914) 455-2650Principal Officer
Narda Romero
Main Address
555 BROADWAY, DOBBS FERRY, NY, 10522
Website
www.mercy.eduNTEE Category
Code: B420 - Education
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