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Excelsior College

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

EIN: 161532850 ✦ Albany, NY ✦ Designated as a 501(c)(3)

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Overview

What is Excelsior College?

Excelsior College is a nonprofit institution based in Albany, New York, with a workforce of 1,131 employees. The college focuses on providing educational opportunities for adult learners, particularly those who have been historically underrepresented in higher education. Excelsior College brings education to students according to their academic and geographic needs, offering high-quality instruction and evaluating previous learning experiences. In this period, the college delivered 125,016 hours of undergraduate instruction and 16,296 hours of graduate-level courses.


Official website here: www.excelsior.edu

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 86%, Three-Star out of Four Star rating.

Excelsior College has received an 86% rating based on its accountability and finance practices, which reflects a strong commitment to transparency and governance. The organization boasts a fully independent board, achieving the maximum scores possible in several key areas, including the independence of board members and the presence of essential policies like conflict of interest and whistleblower policies. This high level of oversight contributes to the overall integrity of the institution.

Despite its strengths, particularly in governance and the absence of financial mismanagement, Excelsior College's program expense ratio is noted at 61.91%. While this indicates that a significant portion of resources is directed towards its programs, it falls short of the optimal score, suggesting there may be room for improvement in program efficiency or effectiveness.

Overall, Excelsior College demonstrates a solid framework for accountability and finance, making it a trustworthy organization; however, stakeholders might want to consider the implications of its program expense ratio when evaluating its operational effectiveness.


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

Is Excelsior College legitimate?

Excelsior College is a legitimate nonprofit organization registered as a 501(c)(3) entity. Excelsior 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: $2,879,302
Professional Fundraising Fees: $22,334
Other Salaries and Wages: $36,758,216

For more financial information, click here


Official website here: www.excelsior.edu

What is the mission statement of Excelsior College?

Excelsior College is dedicated to extending educational opportunities to adult learners, particularly those who have been historically underrepresented in higher education. The College makes education accessible by accommodating learners' academic and geographical needs, delivering quality instruction and evaluating prior learning experiences. Excelsior College's commitment extends to the delivery of undergraduate and graduate level course instruction, with a recorded total of 141,312 hours during the specified period.


Official website here: www.excelsior.edu

Who is the CEO of Excelsior College?

David Schejbal is the President & Chief Executive Officer of Excelsior College. The CEO's salary of Excelsior College is $491,510 and their total compensation is $524,872.


Official website here: www.excelsior.edu

What is the revenue of Excelsior College?

Excelsior College's revenue in 2022 was $71,809,518.


Official website here: www.excelsior.edu

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

The average compensation at Excelsior College during 2022 was $35,046. There are 1131 employees and 19 volunteers at Excelsior College.


Here are 35 key members and their salaries (Excelsior College's CEO's salary is $491,510 and their total compensation is $524,872):


David Schejbal (President & Chief Executive Officer)
  • Compensation: $491,510
  • Related: $0
  • Other: $33,362
John Caron (Provost And Chief Academic Officer Until 12/3/2021)
  • Compensation: $300,367
  • Related: $0
  • Other: $35,142
James C Lettko (Chief Operating Officer Until 6/30/2022)
  • Compensation: $259,943
  • Related: $0
  • Other: $22,244
Dawn F Gerrain (Chief Marketing And Business Development Officer Until 6/24/2022)
  • Compensation: $233,540
  • Related: $0
  • Other: $40,211
Mark Howe (Vp Of Human Resources)
  • Compensation: $230,405
  • Related: $0
  • Other: $17,774
Saul Morse (Chief Technology Officer Until 5/20/2022)
  • Compensation: $186,902
  • Related: $0
  • Other: $36,947
Richard Hannmann (Vice President For Finance And Cfo)
  • Compensation: $206,077
  • Related: $0
  • Other: $14,537
Lisa Daniels (Avp - Analytics Decision Support)
  • Compensation: $170,402
  • Related: $0
  • Other: $35,792
Mary Lee Pollard (Dean, School Of Nursing)
  • Compensation: $188,172
  • Related: $0
  • Other: $13,116
Lisa Braverman (Vprovost Academic/Fac Sup Until 4/22/2022)
  • Compensation: $176,851
  • Related: $0
  • Other: $19,934
Donn Aiken (Deputy Cio Enterprise Systems)
  • Compensation: $156,488
  • Related: $0
  • Other: $33,445
Catherine Seaver (Dean, School Of Undergraduate Studies)
  • Compensation: $157,154
  • Related: $0
  • Other: $25,989
Li-Fang Shih (Special Advisor To Provost)
  • Compensation: $155,476
  • Related: $0
  • Other: $26,780
Heather Chakiris (Avp Student Success)
  • Compensation: $152,922
  • Related: $0
  • Other: $24,089
Scott Dolan (Dean, School Of Graduate Studies)
  • Compensation: $147,858
  • Related: $0
  • Other: $20,850
Michael Disiena (General Counsel)
  • Compensation: $144,391
  • Related: $0
  • Other: $17,909
Christopher Cassirer (Interim Provost Starting 12/6/2021)
  • Compensation: $16,523
  • Related: $0
  • Other: $592
David Baime (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Helen Benjamin (Chairwoman Of The Board Till 12/31/21 Then Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kent Clark (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Dea (Chairman Starting 1/1/2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlene Dukes (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gretchen Evans (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Gentry (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Kocher (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Loeb (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kh Maman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeanne Meister (Secretary Of The Board As Of Jan 2021)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karim Merchant (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Quintessa Miller (Board Member Till 9/30/21)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clar Rosso (Board Member Till 9/30/2021)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pamela Tate (Board Member Till 12/31/2021)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rose Wang (Vice Chair Of The Board As Of Jan 2021)
  • Compensation: $0
  • Related: $0
  • Other: $0
Khori Whittaker (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alec Whitters (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.excelsior.edu

Where can I find the form 990 for Excelsior College?

Excelsior College's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.excelsior.edu

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

Mission Statement of Excelsior College

Excelsior College, a pioneering institution, dedicates itself to extending educational opportunities to adult learners, with a particular focus on those who have been historically underrepresented in higher education. The College proudly adapts to students' academic and geographical needs, delivering high-quality instruction and evaluating prior learning experiences.

Excelsior College's mission is twofold. First and foremost, it aims to provide a path to higher education for adults who may have faced various barriers to accessing traditional educational institutions. By meeting students where they are academically, the College ensures that learners with diverse backgrounds and levels of prior knowledge can successfully pursue their educational goals. Additionally, by offering flexible educational opportunities, Excelsior College caters to students who may face geographical challenges in accessing traditional on-campus programs.

Secondly, Excelsior College places great importance on the assessment of prior learning, ensuring that students' existing knowledge and skills are recognized and valued. This approach not only acknowledges students' previous experiences but also helps to minimize the time and cost required to complete their degrees. In the 20XX period, Excelsior College delivered 125,016 hours of undergraduate course instruction and 16,296 hours of graduate-level course instruction, highlighting its commitment to providing accessible and effective education to a diverse student body.

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Impact




October, 2024

Excelsior College significantly impacts adult learners by providing accessible educational opportunities, particularly for those historically underrepresented in higher education. By delivering a wide range of undergraduate and graduate courses, the college has facilitated over 125,000 hours of undergraduate instruction and 16,296 hours of graduate instruction. This commitment to education is evident in their tailored approach, meeting students where they are academically and geographically. Through quality instruction and the assessment of prior learning, Excelsior College empowers individuals to advance their education and career prospects, contributing to greater equity in higher education and a more educated workforce. Located in Albany, New York, the College plays a crucial role in transforming the educational landscape for adult learners.




This information is meant to be a general summary of Excelsior 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
$71,809,518 (2022)
Expenses
$75,215,077 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,210,928
  • Program Service Revenue: $65,521,228
  • Gross Receipts: $75,998,580

Assets and Liabilities:

  • Total Assets: $65,195,981
  • Total Liabilities: $21,067,145
  • Net Assets: $44,128,836

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Programs

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

Graduate, UG, & Non-Credit Bearing Tuitions & Fees

Revenue

$61,102,930

Examination Fees

Revenue

$2,600,757

Enrollment Related Fees

Revenue

$1,817,541

Organization Details

Founding Year

1998

Principal Officer

David Schejbal

Main Address

7 Columbia Circle, Albany, NY, 122035159

NTEE Category

Code: B42 - Education

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