Overview
What is Pillar College Inc?
Pillar College Inc is a distinguished, privately-owned Christian institution of higher learning situated in New Jersey, specifically in Newark, Somerset, and Paterson. Established in 1908 and officially recognized in 2001 by the New Jersey Commission on Higher Education, Pillar College serves around 650 undergraduate and graduate students. The college is renowned for its commitment to faith, offering various degree programs, including Master of Arts in Counseling and Ministry Leadership, Bachelor of Arts in Biblical Studies, Business Administration & Management, Elementary Education, Intercultural Communication, and Psychology and Counseling. Pillar College is an independent, faith-based, 4-year institution, licensed by the state of New Jersey and accredited by the Middle States Commission on Higher Education and the Association of Biblical Higher Education. With a dedicated workforce of 174 individuals, Pillar College strives to shape the lives of its students through its educational offerings and Christian values.
Official website here: www.pillar.edu
What are the reviews and ratings of this charity?
Pillar College Inc holds a strong Four-Star out of Four Star rating from Charity Navigator with an overall score of 96%. This rating primarily reflects the organization's excellent accountability and finance practices, demonstrating prudent management of its resources. Notably, the organization boasts 100% independent board members and has achieved high marks across various accountability metrics, indicating a commitment to transparency and responsible governance.
Strengths highlighted include a strong financial position, as evidenced by a low liabilities-to-assets ratio and a significant program expense ratio of over 70%, which shows a solid commitment to its mission-driven activities. The organization has also put in place key policies safeguarding against conflicts of interest and ensuring accountability, although it falls short in posting its tax form on its website, which is indicated as a minor limitation.
While there are no user reviews available to reflect sentiment on platforms like GreatNonprofits, the financial and governance metrics from Charity Navigator speak to a well-managed nonprofit focused on accountability and education in line with its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Pillar College Inc legitimate?
Pillar College Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pillar College 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.
Official website here: www.pillar.edu
What is the mission statement of Pillar College Inc?
Pillar College Inc, an independent and faith-based institution of higher education, is licensed by the state of New Jersey and accredited by the Middle States Commission on Higher Education and the Association of Biblical Higher Education. The college's mission is to provide quality education in a faith-based setting. It offers undergraduate and graduate programs in various fields such as Biblical Studies, Business Administration, Elementary Education, Intercultural Communication, Psychology, and Counseling, with a focus on Ministerial Leadership through its Master's program. Pillar College aims to equip students with the knowledge and skills necessary to excel in their chosen fields while upholding Christian values.
Official website here: www.pillar.edu
Who is the CEO of Pillar College Inc?
Dr David Schroeder is the Ex-Officio/President of Pillar College Inc.
Official website here: www.pillar.edu
What is the revenue of Pillar College Inc?
Pillar College Inc's revenue in 2021 was $11,273,498.
Official website here: www.pillar.edu
Who are the executives of Pillar College Inc and what are their salaries?
Where can I find the form 990 for Pillar College Inc?
Pillar College Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.pillar.edu
Learn more at the official website: www.pillar.edu
Mission Statement of Pillar College Inc
Pillar College, a distinguished independent institution of higher education, is deeply rooted in faith and commitment to academic excellence. As a 4-year institution, it is licensed by the state of New Jersey and holds accreditation from both the Middle States Commission on Higher Education and the Association of Biblical Higher Education. Its mission is to provide a nurturing environment for students, fostering spiritual growth alongside academic development. Pillar College seeks to empower its students through its diverse offerings, which include Master's and Bachelor's degrees in various disciplines such as Counseling and Ministry Leadership, Biblical Studies, Business Administration, Elementary Education, Intercultural Communication, and Psychology and Counseling. The institution's dedication to its students extends beyond academic curriculum, as it strives to nurture well-rounded individuals prepared to make meaningful contributions to their communities and beyond.
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Impact
July, 2024
Pillar College Inc's impact is significant as the only accredited, private Christian college in New Jersey offering a range of undergraduate and graduate programs to approximately 650 students. Established in 1908, the college plays a vital role in providing quality education with a faith-based approach, preparing students for successful careers and fulfilling lives. Its accreditation by the Middle States Commission on Higher Education and the Association of Biblical Higher Education underscores its commitment to academic excellence and religious values. Pillar College's presence in Newark, Somerset, and Paterson contributes to the educational landscape of New Jersey, shaping future leaders in various fields including counseling, ministry, business, education, communication, and psychology.
This information is meant to be a general summary of Pillar College 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2021.
- Investment Income: $1,150
- Program Service Revenue: $8,404,796
- Gross Receipts: $11,372,085
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition & Fees
Revenue
$8,307,430
Auxiliary Income
Revenue
$89,442
Organization Details
Founding Year
1994
Phone
(973) 803-5000Principal Officer
Dr David Schroeder
Main Address
60 Park Place No 701, Newark, NJ, 07102
Website
www.pillar.eduNTEE Category
Code: B99 - Education
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