Overview
What is Pace University?
Pace University is a New York-based nonprofit institution dedicated to providing quality education to its diverse student population. With a staff of over 4,500, Pace University's primary focus is on instruction, offering personnel, supplies, equipment, and materials for both graduate and undergraduate students. The university places great importance on teaching and learning, aiming to produce "thinking professionals" who are in high demand as innovators and successful leaders in the 21st century society.
Official website here: www.pace.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Star rating)
Pace University has received an 85% score from Charity Navigator, reflecting a strong performance in accountability and finance. This score is derived solely from the Accountability & Finance beacon, indicating that the organization maintains a high level of transparency in its financial practices. Key metrics that contributed positively include the presence of a predominately independent board, full compliance with conflict of interest and whistleblower policies, and well-documented board meeting minutes.
The university's focus on financial integrity is evident from its high program expense ratio of 88.72%, which shows that a significant portion of its expenses is dedicated to its programs. Furthermore, the lack of material diversion of assets and robust audit oversight highlights sound financial management practices. However, the liabilities to assets ratio of 64.42% suggests that there may be some financial leverage, which could be a point of consideration for potential donors and stakeholders.
Overall, Pace University demonstrates commendable practices in governance and financial accountability, but as with any organization, potential contributors should consider both strengths and weaknesses before making decisions. The strong independent oversight and sound policies in place are positive indicators for stakeholder trust.
This AI summary has been generated from information found on Charity Navigator.
Is Pace University legitimate?
Pace University is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pace 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: $7,324,006
Professional Fundraising Fees: $633,125
Other Salaries and Wages: $152,261,392
For more financial information, click here
Official website here: www.pace.edu
What is the mission statement of Pace University?
Pace University prioritizes teaching and learning, catering to the needs of its qualified and diverse student body. The institution's mission is to develop students into "thinking professionals," highly sought-after innovators, and successful leaders who positively impact twenty-first century society. Pace University provides resources for the instruction of both full and part-time graduate and undergraduate students, offering them essential materials and equipment. The university's commitment extends beyond academics, fostering students' growth into well-rounded individuals prepared to make a difference in their respective fields.
Official website here: www.pace.edu
Who is the CEO of Pace University?
Marvin Krislov is the Trustee, President of Pace University.
Official website here: www.pace.edu
What is the revenue of Pace University?
Pace University's revenue in 2022 was $627,806,353.
Official website here: www.pace.edu
Who are the executives of Pace University and what are their salaries?
The average compensation at Pace University during 2022 was $35,089. There are 4548 employees and 1608 volunteers at Pace University.
Here are 70 key members and their salaries:
- Compensation: $584,197
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- Other: $383,507
- Compensation: $390,055
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- Other: $57,576
- Compensation: $399,047
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- Other: $42,842
- Compensation: $344,462
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- Compensation: $333,278
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- Other: $71,488
- Compensation: $369,447
- Related: $0
- Other: $31,231
- Compensation: $337,421
- Related: $0
- Other: $41,780
- Compensation: $284,285
- Related: $0
- Other: $64,788
- Compensation: $283,708
- Related: $0
- Other: $62,595
- Compensation: $297,672
- Related: $0
- Other: $36,743
- Compensation: $281,265
- Related: $0
- Other: $53,060
- Compensation: $281,692
- Related: $0
- Other: $42,766
- Compensation: $298,053
- Related: $0
- Other: $20,590
- Compensation: $262,322
- Related: $0
- Other: $47,112
- Compensation: $267,393
- Related: $0
- Other: $40,277
- Compensation: $262,441
- Related: $0
- Other: $37,263
- Compensation: $260,973
- Related: $0
- Other: $26,944
- Compensation: $239,880
- Related: $0
- Other: $38,822
- Compensation: $239,827
- Related: $0
- Other: $37,760
- Compensation: $230,917
- Related: $0
- Other: $45,980
- Compensation: $257,942
- Related: $0
- Other: $18,209
- Compensation: $225,538
- Related: $0
- Other: $44,637
- Compensation: $203,965
- Related: $0
- Other: $60,781
- Compensation: $206,622
- Related: $0
- Other: $44,934
- Compensation: $202,421
- Related: $0
- Other: $36,025
- Compensation: $148,686
- Related: $0
- Other: $54,875
- Compensation: $189,118
- Related: $0
- Other: $13,635
- Compensation: $171,607
- Related: $0
- Other: $27,547
- Compensation: $167,727
- Related: $0
- Other: $28,232
- Compensation: $146,555
- Related: $0
- Other: $27,138
- Compensation: $113,607
- Related: $0
- Other: $39,708
- Compensation: $96,016
- Related: $0
- Other: $48,195
- Compensation: $7,035
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Official website here: www.pace.edu
Where can I find the form 990 for Pace University?
Pace University's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pace.edu
Learn more at the official website: www.pace.edu
Mission Statement of Pace University
Pace University, a prestigious educational institution, places great emphasis on teaching and learning. It is deeply committed to catering to the requirements of its diverse and qualified student body. The university's mission is to nurture students into "thinking professionals" – individuals who are highly sought after as innovators and successful leaders. Equipped with the ability to positively impact twenty-first century society, graduates of Pace University are prepared to make a difference.
Instruction is at the core of Pace University's operations. The university goes above and beyond to provide personnel, supplies, equipment, and other essential materials for the instruction of both full and part-time graduate and undergraduate students. Pace University's dedication to its students extends beyond the classroom. It is not just about imparting knowledge; the university strives to develop well-rounded individuals who are prepared to excel in their chosen fields. The educational experience at Pace University is designed to foster critical thinking, problem-solving skills, and a strong foundation in the latest theories and practices. By empowering students to become thought leaders, Pace University is shaping the next generation of innovators and successful professionals.
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Impact
October, 2024
Pace University significantly impacts society by prioritizing teaching and learning to cultivate highly skilled professionals. The institution is dedicated to addressing the needs of its diverse student population, ensuring access to quality education for all qualified individuals. Through a commitment to instructional excellence, Pace provides essential resources, including personnel, supplies, and equipment, to support both graduate and undergraduate students.
The university’s mission to educate "thinking professionals" positions its graduates as innovators and influential leaders equipped to tackle the challenges of the twenty-first century. By fostering a dynamic learning environment, Pace prepares students to contribute positively to society, making them highly sought after in various fields. Ultimately, the university not only shapes individual futures but also contributes to the broader community by developing professionals who are capable of effecting meaningful change.
This information is meant to be a general summary of Pace 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: $25,461,881
- Program Service Revenue: $572,635,259
- Gross Receipts: $686,524,424
Assets and Liabilities:
- Total Assets: $1,093,406,747
- Total Liabilities: $696,807,936
- Net Assets: $396,598,811
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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
$506,392,023
DORMITORY RENTALS
Revenue
$51,473,294
FOOD SERVICE REVENUE
Revenue
$14,370,610
ACADEMIC ACTIVITIES
Revenue
$69,330
BOOKSTORE COMMISSIONS
Revenue
$177,483
Organization Details
Founding Year
1906
Phone
(914) 923-2402Principal Officer
Marvin Krislov
Main Address
ONE PACE PLAZA, NEW YORK, NY, 100381598
Website
www.pace.eduNTEE Category
Code: B40 - Education
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