Cause IQ organization profile

College of Mt St Vincent (CMSV)

CMSV is a university based in Riverdale, NY that was founded in 1847. As of 2019 they had $78 million in revenue and $110 million in assets.

Founded in 1847 by the Sisters of Charity, the College of Mount Saint Vincent offers nationally recognized liberal arts education and a select array of professional fields of study on a landmark campus overlooking the Hudson River.

EIN:

13-1740445

City:

Riverdale

State:

New York

Metro:

New York-Newark-Jersey City, NY-NJ-PA

Website:

mountsaintvincent.edu

Phone:

(718) 405-3200

Facebook:

facebook.com/MountStVincent

Twitter:

@mountstvincent

Founded:

1847

Type:

501(c)(3)

NTEE:

B43: Universities

Revenue:

$78,588,279

Assets:

$110,488,011

Employees:

1,073

Fiscal year end:

June

Revenue trends:

Asset trends:

Program areas at CMSV

College of mount saint Vincent is a school of higher education formed in the catholic tradition, but nonsectarian. We have a diverse student population both ethnically and economically. We offer 3 associate, 25 baccalaureate, and 8 graduate majors. We award b.a. And b.s. Degrees on the undergraduate level. In addition, we award m.s. And m.b.a. Degrees on the graduate level. (cont. In sch.o)

Form 990s for CMSV

Fiscal year ending	Date received by IRS	Form	PDF link
2019-06	Aug 10, 2020	990	View PDF
2018-06	May 14, 2019	990	View PDF
2017-06	Apr 10, 2018	990	View PDF
2016-06	Aug 9, 2017	990	View PDF
2015-06	Jul 21, 2016	990	View PDF
...and five more Form 990 PDFs

Financials for CMSV

Field	2019	2018	% Change
Federated campaigns	$0	$0
Membership dues	$0	$0
Fundraising event contributions	$338,345	$10,000	3283.5%
Related organizations	$0	$0
Government grants (contributions)	$2,697,530	$2,891,495	-6.7%
Normal grants, contributions, etc.	$1,900,510	$2,392,941	-20.6%
<em>Non-cash contributions included in above</em>	$201,669	$169,905	18.7%
Total grants, contributions, etc.	$4,936,385	$5,294,436	-6.8%

Field	2019	2018	% Change
Total grants, contributions, etc.	$4,936,385	$5,294,436	-6.8%
Program services	$72,510,358	$66,016,104	9.8%
Investment income and dividends	$322,057	$328,980	-2.1%
Tax-exempt bond proceeds	$0	$0
Royalty revenue	$0	$0
Net rental income	$530,870	$595,787	-10.9%
Net gain from sale of non-inventory assets	$-97,802	$2,998,534	-103.3%
Net income from fundraising events	$-52,482	$240,589	-121.8%
Net income from gaming activities	$0	$0
Net income from sales of inventory	$22,234	$83,504	-73.4%
Miscellaneous revenues	$416,659	$1,023,224	-59.3%
Total revenues	$78,588,279	$76,581,158	2.6%

Field	2019	2018	% Change
Grants to govts. and orgs. in USA	$0	$0
Grants to individuals in USA	$29,496,257	$22,810,191	29.3%
Grants to govts., orgs., and individuals outside USA	$0	$0
Benefits paid to or for members	$0	$0
Compensation of current officers, etc.	$967,828	$986,763	-1.9%
Compensation not included above, to disqualified persons	$0	$0
Non-officer salaries and wages	$22,412,531	$21,297,129	5.2%
Pension/retirement accruals and contributions	$324,080	$750,806	-56.8%
Other employee benefits	$2,398,147	$2,193,168	9.3%
Payroll taxes	$1,667,206	$1,581,118	5.4%
Management fees	$0	$0
Legal fees	$324,460	$367,466	-11.7%
Accounting fees	$267,683	$263,640	1.5%
Lobbying fees	$0	$0
Pro. fundraising fees	$0	$0
Investment mgmt fees	$49,504	$78,576	-37.0%
Other fee-for-service	$980,666	$889,594	10.2%
Advertising and promotion	$172,316	$202,380	-14.9%
Office expenses	$1,012,173	$1,185,983	-14.7%
Information tech. expenses	$1,025,205	$1,045,647	-2.0%
Royalty expenses	$0	$0
Occupancy	$2,284,116	$2,851,866	-19.9%
Travel	$502,315	$487,249	3.1%
Public official travel and entertainment	$0	$0
Conferences, meetings, etc.	$117,838	$149,061	-20.9%
Interest	$851,636	$176,207	383.3%
Payments to affiliates	$0	$0
Depreciation, amortization, etc.	$5,444,727	$5,422,086	0.4%
Insurance	$777,498	$727,362	6.9%
All other expenses	$8,817,601	$9,633,039	-8.5%
Total expenses	$79,893,787	$73,099,331	9.3%

Field	2019	2018	% Change
Cash (non-interest-bearing)	$37,285	$42,666	-12.6%
Savings, short-term investments, etc.	$7,871,455	$2,337,924	236.7%
Pledges and grants receivable	$4,627,331	$4,883,228	-5.2%
Accounts receivable	$3,815,864	$3,140,131	21.5%
Loans receivable from officers, directors, etc.	$0	$0
Loans receivable from other disqualified persons	$0	$0
Notes and loans receivable	$656,339	$706,478	-7.1%
Inventories for use	$215,699	$205,270	5.1%
Prepaid expenses and deferred charges	$201,832	$123,776	63.1%
Buildings, equipment, etc. post-depreciation	$67,330,997	$64,985,287	3.6%
Investments, publicly traded securities	$10,005,442	$8,522,099	17.4%
Investments, other securities	$14,798,753	$13,085,877	13.1%
Investments, program-related	$0	$0
Intangible assets	$0	$0
Other assets	$927,014	$1,107,839	-16.3%
Total assets	$110,488,011	$99,140,575	11.4%

Field	2019	2018	% Change
Accounts payable and accrued expenses	$1,684,593	$2,669,139	-36.9%
Grants payable	$0	$0
Deferred revenue	$1,151,969	$1,463,543	-21.3%
Tax-exempt bond liabilities	$18,300,355	$15,530,000	17.8%
Escrow or custodial account liability	$599,403	$3,342,013	-82.1%
Loans payable to officers and disqualified persons	$0	$0
Secured mortgages and notes payable to unrelated third parties	$14,885,000	$2,227,645	568.2%
Unsecured notes and loans payable to unrelated third parties	$0	$0
Other liabilities	$2,000,978	$1,979,848	1.1%
Total liabilities	$38,622,298	$27,212,188	41.9%

Field	2019	2018	% Change
Unrestricted net assets	$48,477,017	$49,281,391	-1.6%
Temporarily restricted net assets	$9,895,380	$9,504,572	4.1%
Permanently restricted net assets	$13,493,316	$13,142,424	2.7%

Vendors for CMSV

Vendor	Services	Amount paid	Date
Grant Thornton LLP	Tax accounting; Audit accounting		2020-08-10
█████████	Content management system software		2020-06-25
████████	Student Search	$369,642	2019-06-01
████████████ █████ ██████████	Architect	$1,026,211	2019-06-01
██████████ ████████████ █████████	Test Preparation	$442,225	2019-06-01
██████ ████████████ █████ ███	Construction	$1,230,143	2019-06-01
██████ ████ █████████	Transportation	$434,283	2019-06-01
██████ ███	Software		2018-09-10
...and 19 more vendors

Personnel at CMSV

Name	Title	Compensation	Most recent data
Abed Elkeshk	Treasurer and Executive Vice President and Chief Financial Officer	$193,978	Sept. 25, 2020
Adam Wichern	Vice President for Information and Technology and Chief Information Officer	$133,436	May 10, 2018
█████ ███████	Vice President for Operations	$156,194	Sept. 25, 2020
█████████ █████████	Senior Vice President for Admission and External Relations	$190,062	Sept. 25, 2020
██ ████ ███████ ███	Vice President for Information and Technology and Cio [email protected]	-	Sept. 25, 2020
████ █████ ██████████	Vice President for Institutional Advancement	-	Sept. 25, 2020
█████████ ████████████	Vice President for Student Affairs	-	Sept. 25, 2020
█████ ██████	Vice President for Enterprise Programs	-	Sept. 25, 2020
█████ █████████	Provost and Dean of Faculty	$194,103	July 9, 2019
█████ ███████	Dean of Students	-	May 3, 2018
...and nine more key personnel

Peer universities

	Name	Type	Revenue	Location
1	Bard College	501(c)(3)	$269 million	Annandaleonhudson, NY
2	Union Theological Seminary	501(c)(3)	$25 million	New York, NY
3	Albany College of Pharmacy and Health Sciences (ACPHS)	501(c)(3)	$61 million	Albany, NY
4	Colgate University	501(c)(3)	$314 million	Hamilton, NY
5	Manhattan School of Music (MSM)	501(c)(3)	$68 million	New York, NY
6	New York Chiropractic College (NYCC)	501(c)(3)	$28 million	Seneca Falls, NY
7	Touro University	501(c)(3)	$87 million	New York, NY
8	The Sage Colleges	501(c)(3)	$65 million	Troy, NY
9	Clarkson University	501(c)(3)	$244 million	Potsdam, NY
10	New York Institute of Technology (NYIT)	501(c)(3)	$327 million	Old Westbury, NY
11	New York Medical College (NYMC)	501(c)(3)	$123 million	Valhalla, NY
12	Yeshiva University (YU)	501(c)(3)	$338 million	New York, NY
13	Ithaca College (IC)	501(c)(3)	$370 million	Ithaca, NY
14	Niagara University	501(c)(3)	$132 million	Niagara University, NY
15	Felician University	501(c)(3)	$65 million	Lodi, NJ
16	Lawrence Technological University (LTU)	501(c)(3)	$66 million	Southfield, MI
17	University of Northwestern St Paul (UNWSP)	501(c)(3)	$100 million	St Paul, MN
18	National University of Health Sciences (NUHS)	501(c)(3)	$22 million	Lombard, IL
19	Lynn University	501(c)(3)	$119 million	Boca Raton, FL
20	William Jessup University (WJU)	501(c)(3)	$51 million	Rocklin, CA
21	John F. Kennedy University	501(c)(3)	$21 million	Pleasant Hill, CA
22	Spalding University	501(c)(3)	$44 million	Louisville, KY
23	Golden Gate University (GGU)	501(c)(3)	$66 million	San Francisco, CA
24	Saint Xavier University (SXU)	501(c)(3)	$112 million	Chicago, IL
25	Butler University	501(c)(3)	$295 million	Indianapolis, IN

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Cause IQ organization profile

College of Mt St Vincent (CMSV)

Program areas at CMSV

Form 990s for CMSV

Financials for CMSV

Vendors for CMSV

Personnel at CMSV

Peer universities

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