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Hunter College Auxiliary Enterprises Corporation

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

EIN: 264500228 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Hunter College Auxiliary Enterprises Corporation?

Hunter College Auxiliary Enterprises Corporation is a nonprofit entity situated in New York City, specifically at 695 Park Avenue, aiming to support Hunter College's educational, research, and public service mission. The organization operates various auxiliary services on campus, such as bookstores, vending machines, cafeterias, pouring rights, laundry facilities, rental spaces, and royalty agreements. Their primary objective is to assist students, faculty, and staff by providing these amenities, enabling them to fulfill their academic, professional, and personal needs more effectively. The revenue generated from these services is utilized to enhance and improve the college's programs, resources, and facilities, ultimately expanding its educational opportunities and services. The corporation currently employs 41 individuals.

Is Hunter College Auxiliary Enterprises Corporation legitimate?

Hunter College Auxiliary Enterprises Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hunter College Auxiliary Enterprises Corporation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $301,506

For more financial information, click here

What is the mission statement of Hunter College Auxiliary Enterprises Corporation?

The mission of Hunter College Auxiliary Enterprises Corporation is to aid in the education, research, and public service objectives of Hunter College. They accomplish this by offering auxiliary enterprises to students, faculty, and staff. These auxiliary enterprises, such as food services, bookstore operations, vending machines, and other ventures, are designed to benefit the college. The revenue generated from these enterprises is used to enhance, improve, and expand the college's programs, resources, and facilities. This, in turn, allows Hunter College to provide more extensive educational opportunities and services to its students, faculty, and staff, furthering the institution's educational goals.

Who is the CEO of Hunter College Auxiliary Enterprises Corporation?

Livia Cangemi is the Chairperson of Hunter College Auxiliary Enterprises Corporation.

What is the revenue of Hunter College Auxiliary Enterprises Corporation?

Hunter College Auxiliary Enterprises Corporation's revenue in 2022 was $4,593,526.

Who are the executives of Hunter College Auxiliary Enterprises Corporation and what are their salaries?

The average compensation at Hunter College Auxiliary Enterprises Corporation during 2022 was $7,354. There are 41 employees at Hunter College Auxiliary Enterprises Corporation.


Here are 10 key members and their salaries:


Livia Cangemi (Chairperson)
  • Compensation: $0
  • Related: $207,312
  • Other: $41,025
Eija Ayravainen (Vice President)
  • Compensation: $0
  • Related: $230,039
  • Other: $48,308
Justin Stec (Secretary)
  • Compensation: $0
  • Related: $157,493
  • Other: $33,073
Henry Ong (Treasurer)
  • Compensation: $0
  • Related: $136,604
  • Other: $28,687
Galit Fouks (Treasurer)
  • Compensation: $0
  • Related: $14,934
  • Other: $3,136
John Rose (Director)
  • Compensation: $0
  • Related: $184,083
  • Other: $38,658
Terence Agbeyegbe (Director)
  • Compensation: $0
  • Related: $136,521
  • Other: $28,669
Ariadna Gonzalez (Director)
  • Compensation: $0
  • Related: $300
  • Other: $0
Ashley Rosales (Director)
  • Compensation: $0
  • Related: $75
  • Other: $0
Onyekachi Okeke (Director)
  • Compensation: $0
  • Related: $300
  • Other: $0
Where can I find the form 990 for Hunter College Auxiliary Enterprises Corporation?

Hunter College Auxiliary Enterprises Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Hunter College Auxiliary Enterprises Corporation

Hunter College Auxiliary Enterprises Corporation, a supporting entity, is committed to fostering and advancing the educational, research, and public service mission of Hunter College. To accomplish this, the corporation provides auxiliary enterprises to students, faculty, and staff. These enterprises cater to various needs, such as food services, bookstore operations, vending machines, and other ventures, all aimed at benefiting the college. The revenue generated from these auxiliary enterprises is utilized to enhance, improve, and expand the college's programs, resources, and facilities. This, in turn, enables Hunter College to offer more extensive educational opportunities and services to its students, faculty, and staff, thereby furthering the higher education goals of this esteemed institution.

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Impact




October, 2024

Hunter College Auxiliary Enterprises Corporation significantly enhances the educational experience at Hunter College by providing essential services and facilities that support the academic and personal needs of students, faculty, and staff. By operating the campus bookstore, vending machines, cafeteria, laundry, and rental facilities, it addresses the everyday requirements of the college community, ensuring that individuals have access to the resources they need for their studies and daily life.

These auxiliary enterprises not only contribute to convenience but also generate revenue that is reinvested into the college. This funding is crucial for the development and improvement of educational programs, resources, and facilities, allowing Hunter College to offer a wider array of opportunities and services. In doing so, the Corporation plays a pivotal role in furthering the institution's mission of education, research, and public service, ultimately enriching the academic environment and supporting the goals of its community.




This information is meant to be a general summary of Hunter College Auxiliary Enterprises Corporation. 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
$4,593,526 (2022)
Expenses
$2,356,283 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $321,206
  • Gross Receipts: $4,593,526

Assets and Liabilities:

  • Total Assets: $10,724,814
  • Total Liabilities: $291,713
  • Net Assets: $10,433,101

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Programs

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

VENDING

Revenue

$132,545

POURING RIGHTS

Revenue

$100,000

BOOKSTORE

Revenue

$54,736

CAFETERIA

Revenue

$33,925

Organization Details

Founding Year

2009

Principal Officer

Livia Cangemi

Main Address

695 PARK AVENUE E1607, NEW YORK, NY, 10065

NTEE Category

Code: B19 - Education

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