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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: $3,305,994
Professional Fundraising Fees: $112,250
Other Salaries and Wages: $36,185,120

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 CEO of Excelsior College The CEO's salary of Excelsior College is $583,902 and their total compensation is $615,713.


Official website here: www.excelsior.edu

What is the revenue of Excelsior College?

Excelsior College's revenue in 2024 was $82,983,225.


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 2024 was $41,395. There are 954 employees and 14 volunteers at Excelsior College.

Here are 29 key members and their salaries (Excelsior College's CEO's salary is $583,902 and their total compensation is $615,713):


David Schejbal (President & Chief Executive Officer)
  • Compensation: $583,902
  • Related: $0
  • Other: $31,811
Christopher Cassirer (Provost)
  • Compensation: $348,697
  • Related: $0
  • Other: $38,341
Francisco Azuola (Cio)
  • Compensation: $287,310
  • Related: $0
  • Other: $41,983
Mark Howe (Vp Of Human Resources)
  • Compensation: $279,244
  • Related: $0
  • Other: $19,652
Lorraine Williams (Chief Of Staff)
  • Compensation: $288,249
  • Related: $0
  • Other: $8,636
Richard Hannmann (Vice President For Finance And Cfo)
  • Compensation: $257,769
  • Related: $0
  • Other: $18,149
Raul Nestor Galarza (Vice President Of Enrollment Management And Marketing)
  • Compensation: $231,595
  • Related: $0
  • Other: $17,619
Stephanie Poczos (Vice Provost, Academic Operations & Quality)
  • Compensation: $223,382
  • Related: $0
  • Other: $14,538
Scott Dolan (Executive Dean, Clas)
  • Compensation: $203,322
  • Related: $0
  • Other: $20,672
Daniel Pascoe Aguilar (Founding Director Csj/Cdo)
  • Compensation: $183,942
  • Related: $0
  • Other: $36,471
Michael Disiena (General Counsel)
  • Compensation: $186,172
  • Related: $0
  • Other: $21,199
Jamie Furgang (Avp - Dev&Alumni Affairs)
  • Compensation: $160,051
  • Related: $0
  • Other: $19,828
Karen Halaco (Sr Dir Hr Prog&Comp Support)
  • Compensation: $152,155
  • Related: $0
  • Other: $26,761
Robin Goodrich (Executive Dean, Cnhs Starting 8/2023)
  • Compensation: $162,536
  • Related: $0
  • Other: $10,214
Christine Thorpe (Executive Dean, Cnhs Until 8/2023)
  • Compensation: $162,190
  • Related: $0
  • Other: $9,642
Tracy Caldwell (Assoc Dean- Liberal Arts)
  • Compensation: $135,196
  • Related: $0
  • Other: $14,347
David Baime (Board Member Until 12/31/2024)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Gentry (Board Member Until 12/31/2025)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Kocher (Board Member Until 12/31/2025)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kh Maman (Board Member Until 12/31/2024)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karim Merchant (Board Member Until 12/31/2023)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alec Whitters (Board Member Until 7/8/2023)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Greenstein (Board Member Until 12/31/2025)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kent Clark (Treasurer Until 12/31/2025)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlene Dukes (Vice Chair Until 12/31/2024)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Loeb (Chair Until 12/31/2025)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeanne Meister (Secretary Of The Board Until 12/31/2024)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rose Wang (Board Member Until 12/31/2025)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Wilson (Board Member Until 12/31/2025)
  • 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 2024 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
$82,983,225 (2024)
Expenses
$76,981,366 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $1,615,574
  • Program Service Revenue: $80,174,163
  • Gross Receipts: $83,328,681

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 Tuition & Fees

Revenue

$78,199,935

Enrollment Related Fees

Revenue

$1,974,228

Organization Details

Founding Year

1998

Principal Officer

David Schejbal

NTEE Category

Code: B42Z - Education

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