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Collegian Inc

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

EIN: 240861373 ✦ University park, PA ✦ Designated as a 501(c)(3)

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Overview

What is Collegian Inc?

Collegian Inc, based in University Park, Pennsylvania, is a nonprofit organization primarily focused on educating students in journalism, business, management, and publishing. They achieve this by supervising the preparation, printing, and distribution of various publications, including the daily, weekly, and magazine editions of The Collegian, as well as The Collegian Online. The organization's revenue primarily comes from the circulation of these publications and advertisements placed within them. Collegian Inc's primary mission is to publish a high-quality collegiate newspaper for the Penn State community, while simultaneously offering a rewarding educational experience for its student staff members. With a team of 10 dedicated individuals, Collegian Inc contributes to the development of future journalists and media professionals.


Official website here: www.collegian.psu.edu

Is Collegian Inc legitimate?

Collegian Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Collegian Inc 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: $89,501
Professional Fundraising Fees: $0
Other Salaries and Wages: $213,775

For more financial information, click here


Official website here: www.collegian.psu.edu

What is the mission statement of Collegian Inc?

Collegian Inc's mission is centered around publishing a high-quality collegiate newspaper for a wider community and offering a valuable educational experience to its student staff members. By supervising the preparation, printing, and distribution of various publications such as the daily and weekly newspapers, the magazine, and the online edition, the corporation aims to educate students in journalism, business, management, and publishing sectors. The primary source of revenue for Collegian Inc is derived from the circulation of these publications and the advertisements placed within them.


Official website here: www.collegian.psu.edu

Who is the CEO of Collegian Inc?

Wayne Lowman is the President of Collegian Inc.


Official website here: www.collegian.psu.edu

What is the revenue of Collegian Inc?

Collegian Inc's revenue in 2022 was $698,831.


Official website here: www.collegian.psu.edu

Who are the executives of Collegian Inc and what are their salaries?

The average compensation at Collegian Inc during 2022 was $30,328. There are 10 employees and 150 volunteers at Collegian Inc.


Here are 13 key members and their salaries:


Maggie Anderson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Zimmerman (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robyn Passante (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Picardi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walter Middlebrook (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Caitlin Metza (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Kovaleski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Risser (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kaylan Marrero (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Davis Yoshitani (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linh Tran (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Megan Swift (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Lowman (General Manager/Secretary)
  • Compensation: $84,931
  • Related: $0
  • Other: $0


Official website here: www.collegian.psu.edu

Where can I find the form 990 for Collegian Inc?

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


Official website here: www.collegian.psu.edu

Learn more at the official website: www.collegian.psu.edu

Mission Statement of Collegian Inc

Collegian Inc, a nonprofit organization, is dedicated to publishing a collegiate newspaper for the community and providing an enriching educational experience for students. Their mission is to produce a high-quality newspaper tailored for the Penn State community, while simultaneously offering a rewarding learning opportunity for its student staff members. The corporation achieves this by overseeing the preparation, printing, and distribution of various publications, including the daily Collegian, weekly Collegian, Collegian Magazine P.S., and the daily Collegian Online. Through this process, Collegian Inc serves as a valuable educational resource, teaching students about journalism, business, management, and publishing. The organization primarily generates revenue from the circulation of its publications and advertising placed within them.

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Impact




October, 2024

Collegian Inc significantly impacts the community by providing a platform for informative and engaging journalism through its various publications, including the Daily Collegian, the Weekly Collegian, and the Collegian Magazine. By publishing a quality collegiate newspaper, it not only keeps the Penn State community informed about local and campus events, but also serves as a training ground for students interested in journalism, business, management, and publishing.

Through hands-on experience in preparing, printing, and distributing these publications, students gain practical skills that are essential for their future careers. This educational experience fosters a deeper understanding of the media landscape and encourages critical thinking, creativity, and professionalism. Additionally, the revenue generated from circulation and advertisements contributes to sustaining the organization and expanding its reach, ultimately enhancing the overall educational ecosystem at Penn State. The commitment to quality journalism and student education positions Collegian Inc as a vital contributor to both the university and the broader community.




This information is meant to be a general summary of Collegian Inc. 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
$698,831 (2022)
Expenses
$639,060 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,061
  • Program Service Revenue: $693,401
  • Gross Receipts: $698,831

Assets and Liabilities:

  • Total Assets: $1,162,764
  • Total Liabilities: $2,206
  • Net Assets: $1,160,558

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Programs

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

CIRCULATION REVENUE

Revenue

$501,387

ADVERTISING REVENUE

Revenue

$192,014

Organization Details

Founding Year

1940

Principal Officer

Wayne Lowman

Main Address

115 CARNEGIE BUILDING, UNIVERSITY PARK, PA, 16802

NTEE Category

Code: B99 - Education

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