Overview
What is Saint Martin's University?
Saint Martin's University, a Catholic Benedictine institution of higher education located in Lacey, Washington, empowers students to embark on a lifetime of learning and achievement. With a commitment to both the individual and community, the university offers financial aid to the majority of its undergraduate students through scholarships, grants, and loans. Saint Martin's students are encouraged to make a positive difference in their lives and the lives of others through the interaction of faith, reason, and service. The university, with a total workforce of 1006 employees, is dedicated to providing a supportive environment for students to grow and thrive.
Official website here: www.stmartin.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Star rating)
Saint Martin's University has achieved an exceptional score of 100% from Charity Navigator, reflecting strong accountability and financial management practices. This high rating is solely based on the Accountability & Finance beacon, indicating that the organization adheres to rigorous standards in its financial operations and governance.
The nonprofit boasts a fully independent board with 96% of its members being independent, underscoring its commitment to transparency and integrity. Notable strengths include a perfect score in various financial oversight categories such as the audit and oversight committee, whistleblower policy, and conflict of interest policy, which all contribute to its impressive accountability ratings.
However, while the financial metrics are robust, the summary does not provide insights into the university's programmatic impact or community engagement efforts. Future evaluations might benefit from a more comprehensive view of how effectively the organization fulfills its educational mission beyond financial accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Saint Martin's University legitimate?
Saint Martin's University is a legitimate nonprofit organization registered as a 501(c)(3) entity. Saint Martin's University 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: $1,118,373
Professional Fundraising Fees: $0
Other Salaries and Wages: $21,554,819
For more financial information, click here
Official website here: www.stmartin.edu
What is the mission statement of Saint Martin's University?
Saint Martin's University is a Catholic Benedictine institution dedicated to empowering students to embark on a lifelong learning journey and achieve success in various endeavors. The students at this university are encouraged to make a positive impact on their lives and in the lives of others by fostering the interplay of faith, reason, and service. The university places significance on the individual's sacredness and the importance of community as students navigate their transformative journey towards becoming. Additionally, the institution offers financial aid for higher education in the form of scholarships, grants, and loans to a majority of its undergraduate student body.
Official website here: www.stmartin.edu
What is the revenue of Saint Martin's University?
Saint Martin's University's revenue in 2024 was $75,811,810.
Official website here: www.stmartin.edu
Who are the executives of Saint Martin's University and what are their salaries?
The average compensation at Saint Martin's University during 2024 was $21,906. There are 1035 employees and 40 volunteers at Saint Martin's University.
Here are 46 key members and their salaries:
- Compensation: $303,930
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- Other: $34,967
- Compensation: $214,362
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- Other: $37,758
- Compensation: $220,897
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- Compensation: $173,417
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- Other: $37,328
- Compensation: $162,196
- Related: $0
- Other: $39,217
- Compensation: $183,917
- Related: $0
- Other: $16,307
- Compensation: $126,717
- Related: $0
- Other: $34,990
- Compensation: $138,778
- Related: $0
- Other: $20,890
- Compensation: $125,857
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- Other: $11,480
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Official website here: www.stmartin.edu
Where can I find the form 990 for Saint Martin's University?
Saint Martin's University's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.stmartin.edu
Learn more at the official website: www.stmartin.edu
Mission Statement of Saint Martin's University
Saint Martin's University, a Catholic Benedictine institute of higher education, is dedicated to empowering students to embark on a lifelong journey of learning and achievement in all spheres of human endeavor. The university fosters a unique environment where faith, reason, and service interact, enabling students to make a positive impact on their lives and the lives of others.
At Saint Martin's University, the sacredness of the individual and the significance of community are honored in the ongoing journey of becoming. The institution's students learn to value both personal growth and collective progress, as they strive to leave an indelible mark on the world.
The university's commitment to its students extends beyond academic excellence. Saint Martin's provides tuition assistance to the majority of its undergraduate student body through scholarships, grants, and loans, ensuring that a quality education remains accessible to a diverse range of individuals. This generous financial aid program is a testament to the university's mission of fostering a student body that reflects the richness of human experience and the power of a united learning community.
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Impact
October, 2024
Saint Martin's University plays a pivotal role in shaping the lives of its students and the broader community through its emphasis on education, faith, and service. As a Catholic Benedictine institution of higher education, it empowers students to pursue lifelong learning and accomplishment across various fields.
The university is committed to making higher education accessible, offering financial assistance through scholarships, grants, and loans to the majority of its undergraduate students. This support not only alleviates financial burdens but also fosters an environment where diverse individuals can thrive academically and personally.
At the heart of Saint Martin's mission is the belief that education is intertwined with moral development. Students are encouraged to engage with the principles of faith and reason, promoting a holistic approach to personal growth. This cultivates a sense of community and responsibility, inspiring graduates to make a positive impact in their lives and the lives of others.
Overall, Saint Martin's University contributes significantly to the educational landscape by empowering students, promoting community welfare, and upholding the values of compassion and service.
This information is meant to be a general summary of Saint Martin's University. 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 2024.
- Investment Income: $1,235,094
- Program Service Revenue: $65,986,276
- Gross Receipts: $78,722,304
Assets and Liabilities:
- Total Assets: $107,504,125
- Total Liabilities: $36,393,086
- Net Assets: $71,111,039
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$58,568,540
AUXILIARY ENTERPRISES
Revenue
$7,061,259
MISCELLANEOUS CAMPUS REVENUE
Revenue
$356,477
Organization Details
Founding Year
1895
Principal Officer
Dr Jennifer Bonds-Raacke
Website
www.stmartin.eduNTEE Category
Code: B430 - Education
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