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Wells College

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

EIN: 150532276 ✦ Aurora, NY ✦ Designated as a 501(c)(3)

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Overview

What is Wells College?

Wells College is a nonprofit educational institution located at 170 Main Street, Aurora, New York (NY 13026). With a workforce of 502 employees, the college is dedicated to the intellectual growth of students. Through its academic programs, residential atmosphere, and community activities, Wells College fosters students' ability to think critically, reason wisely, and act ethically, enabling them to appreciate complexity and difference, embrace new ways of knowing, and respond ethically to the interconnected worlds they belong to. The college served 313 full-time equivalent students during the year, investing in faculty and educational departments to ensure a high-quality learning experience.


Official website here: www.wells.edu

What are the reviews and ratings of this charity?

Charity Navigator Rating 96% - Four-Star out of Four Star rating

Wells College has received a high rating from Charity Navigator, indicating excellent accountability and financial management. The organization has a strong score in areas such as independent board composition, financial oversight, and effective policy implementation. The majority of board members are independent, and there are no reported issues with asset diversion, showcasing a commitment to transparency and governance.

However, user feedback from Great Nonprofits presents a stark contrast to the strong financial ratings. A user review highlighted concerns about management practices, describing the college as poorly managed financially and emphasizing outdated infrastructure. The review also criticized the lack of course flexibility, such as evening and online classes, and pointed out high administrative salaries relative to the small student population.

These contrasting perspectives suggest that while Wells College excels in financial accountability, there may be significant challenges in operational management and strategic vision that need to be addressed to improve the overall experience and sustainability of the institution.


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

Is Wells College legitimate?

Wells College is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wells 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: $1,124,125
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,890,201

For more financial information, click here


Official website here: www.wells.edu

What is the mission statement of Wells College?

Wells College is dedicated to educating students to think critically, reason wisely, and act ethically as they cultivate meaningful lives. Through its academic program, residential atmosphere, and community activities, the institution fosters the ideals of the liberal arts. Students learn to appreciate complexity and difference, embrace new ways of knowing, be creative, and respond ethically to the interconnected worlds around them. Wells College is committed to excellence in all areas, preparing students for lifelong learning and for sharing the rewards of education with others.


Official website here: www.wells.edu

What is the revenue of Wells College?

Wells College's revenue in 2023 was $29,627,481.


Official website here: www.wells.edu

Who are the executives of Wells College and what are their salaries?

The average compensation at Wells College during 2023 was $19,333. There are 518 employees and 19 volunteers at Wells College.

Here are 23 key members and their salaries:


Mary K Pastore Cryan (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Gibralter (President)
  • Compensation: $380,400
  • Related: $0
  • Other: $9,737
Marie Chapman Carroll (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gail M Pesyna (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathryn L Fong (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fiona Morgan Fein (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah L Callahan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vicki Keller Panhuise (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen L Zabriskie (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicola A Williams (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James E Deluna (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kris Selander Gordon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather T Kowalski (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Frankel Blum (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael J Burgess (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janice W Albano (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Talyse L Hampton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mo E Walts (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lance B Young (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dorthea L Sawicki (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lawrence Jerome (Vp For Advancement)
  • Compensation: $157,590
  • Related: $0
  • Other: $4,360
Gerard Turbide (Vp For Enrollment Services)
  • Compensation: $157,590
  • Related: $0
  • Other: $4,360
Robert Cree (Vice President And Cfo)
  • Compensation: $183,855
  • Related: $0
  • Other: $5,016


Official website here: www.wells.edu

Where can I find the form 990 for Wells College?

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


Official website here: www.wells.edu

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

Mission Statement of Wells College

Wells College, a higher education institution, is dedicated to the pursuit of intellectual growth and ethical development for its students. In its mission to educate students, the college fosters critical thinking, wise reasoning, and humane action as they build meaningful lives. Through its academic program, residential atmosphere, and community activities, Wells provides a rich learning experience that encourages students to appreciate complexity, embrace new ways of knowing, and respond ethically to the interconnected worlds they inhabit. By instilling a commitment to excellence, the college equips students for lifelong learning and the sharing of educational privileges with others.

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Impact




October, 2024

Wells College cultivates critical thinking, wise reasoning, and humane action among its students, equipping them to lead meaningful lives. Through a robust academic program, an enriching residential atmosphere, and diverse community activities, Wells embodies the ideals of the liberal arts, preparing students to navigate complexity and embrace different perspectives.

The Wells experience encourages creativity and ethical responses to our interconnected world, fostering skills essential for lifelong learning. With a commitment to excellence, the college ensures that its instructional resources support both faculty and educational departments, focusing on the holistic development of each student. By serving a dedicated cohort of full-time students, Wells College not only enhances individual potential but also contributes to a broader cultural landscape by empowering graduates to share the benefits of education with others.




This information is meant to be a general summary of Wells 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
$29,627,481 (2023)
Expenses
$32,843,838 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $720,430
  • Program Service Revenue: $18,394,078
  • Gross Receipts: $34,685,121

Assets and Liabilities:

  • Total Assets: $71,092,070
  • Total Liabilities: $7,501,551
  • Net Assets: $63,590,519

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION & FEES

Revenue

$18,231,289

AUXILIARY ENTERPRISES

Revenue

$162,789

Organization Details

Founding Year

1868

Principal Officer

Jonathan Gibralter

NTEE Category

Code: B420 - Education

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