Overview
What is Utica University?
Utica University is a nonprofit educational institution based in Utica, New York. With a robust workforce of 1709 employees, the university is dedicated to providing quality education for undergraduate and graduate students. Its mission is to prepare learners for professional success and community engagement through enriching experiences and top-tier educational programs. Institutional support ensures effective management and long-term planning for the entire institution.
Official website here: www.utica.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 89%, Three-Star out of Four Star rating
Utica University has achieved an overall score of 89%, reflecting strong performance in accountability and finance. The organization demonstrates a commitment to transparency, with a majority of its board being independent and a comprehensive audit and oversight committee in place. This dedication to governance is further supported by robust policies on conflict of interest and whistleblower protections.
The fiscal efficiency of Utica University is noteworthy, with a program expense ratio of 84.23%, indicating that a significant portion of funds is directed towards its programs. However, the organization has a liabilities to assets ratio of 59.63%, which suggests that there may be some financial risk associated with its current obligations. While this is concerning, the absence of material diversion of assets points to solid financial management practices.
Overall, Utica University exhibits a strong foundation in accountability and financial practices, although there is room for improvement in managing its liabilities. Prospective donors and stakeholders can feel confident in the university's commitment to ethical governance and effective fund allocation.
This AI summary has been generated from information found on Charity Navigator.
Is Utica University legitimate?
Utica University is a legitimate nonprofit organization registered as a 501(c)(3) entity. Utica 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: $2,125,532
Professional Fundraising Fees: $0
Other Salaries and Wages: $35,324,025
For more financial information, click here
Official website here: www.utica.edu
What is the mission statement of Utica University?
Utica University is dedicated to empowering learners to reach their career and life goals through enriching experiences and exceptional educational pathways. The institution focuses on educating undergraduate and graduate students, preparing them to excel in their chosen professions and become active community members. Additionally, the university provides institutional support for management and long-term planning activities. In essence, Utica University strives to provide students with a well-rounded education and the skills necessary to achieve personal and professional success.
Official website here: www.utica.edu
Who is the CEO of Utica University?
Pamela Salmon is the President of Utica University.
Official website here: www.utica.edu
What is the revenue of Utica University?
Utica University's revenue in 2022 was $105,142,781.
Official website here: www.utica.edu
Who are the executives of Utica University and what are their salaries?
The average compensation at Utica University during 2022 was $21,913. There are 1709 employees and 75 volunteers at Utica University.
Here are 38 key members and their salaries:
- Compensation: $470,922
- Related: $0
- Other: $44,198
- Compensation: $202,823
- Related: $0
- Other: $33,979
- Compensation: $215,043
- Related: $0
- Other: $18,141
- Compensation: $162,863
- Related: $0
- Other: $45,023
- Compensation: $186,622
- Related: $0
- Other: $18,542
- Compensation: $166,839
- Related: $0
- Other: $35,794
- Compensation: $179,053
- Related: $0
- Other: $16,096
- Compensation: $155,439
- Related: $0
- Other: $34,335
- Compensation: $161,814
- Related: $0
- Other: $20,777
- Compensation: $155,947
- Related: $0
- Other: $6,824
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Official website here: www.utica.edu
Where can I find the form 990 for Utica University?
Utica University's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.utica.edu
Learn more at the official website: www.utica.edu
Mission Statement of Utica University
Utica University, a renowned educational institution, is dedicated to empowering learners and enabling them to attain their career and life goals. Through personally enriching experiences and exceptional educational pathways, the university fosters the development of distinguished professionals and community-committed citizens.
In pursuit of this mission, Utica University offers instruction and research tailored to undergraduate and graduate students. The primary objective is to prepare these students for success in their respective professions, inspiring them with a commitment to their communities. Simultaneously, the university provides institutional support for central and executive-level activities, focusing on effective management and long-term planning for the institution as a whole.
By offering a nurturing environment that encourages personal growth and academic excellence, Utica University equips its students with the tools and knowledge necessary to make a positive impact in their chosen fields and beyond. The university's commitment extends beyond the classroom, with a focus on character development and community involvement. In this way, Utica University plays an integral role in shaping the next generation of leaders and innovators, ready to make a difference in their communities and the world at large.
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Impact
October, 2024
Utica University significantly impacts individuals and the broader community by empowering learners to achieve their career and life goals through enriching educational experiences. Its programs are designed to provide both undergraduate and graduate students with the instruction and research necessary to excel in their chosen professions. By focusing on outstanding educational pathways, Utica University not only prepares students for career success but also inspires them to become engaged citizens committed to their communities. The institution's commitment to long-range planning and effective management further enhances its ability to foster an environment conducive to academic and personal growth, ultimately benefiting the city of Utica, New York, and beyond.
This information is meant to be a general summary of Utica 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: $2,363,955
- Program Service Revenue: $83,374,001
- Gross Receipts: $142,992,916
Assets and Liabilities:
- Total Assets: $156,931,603
- Total Liabilities: $82,613,316
- Net Assets: $74,318,287
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Student Tuition and Fees
Revenue
$72,537,458
Auxiliary Enterprises
Revenue
$10,836,543
Organization Details
Founding Year
1946
Phone
(315) 792-3011Principal Officer
Pamela Salmon
Main Address
1600 Burrstone Road, Utica, NY, 13502
Website
www.utica.eduNTEE Category
Code: B42 - Education
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