MOUNT ALOYSIUS COLLEGE

EIN: 251114320 501(c)(3) Education

CRESSON, PA

Total Revenue
$46,102,813
Total Expenses
$45,326,880
Total Assets
$183,823,282
Net Assets
$158,364,554
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1963
Legal Domicile
PA
Principal Officer
MICHAEL D BAKER
Phone
8148866364
Tax Period
2023-07-01 to 2024-06-30

MOUNT ALOYSIUS COLLEGE, founded in 1963, is a mid-sized nonprofit in the Education sector that reported $46.1M in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. Net assets of $158.4M represent 41 months of operating reserves.

Mission

THE MISSION OF MOUNT ALOYSIUS COLLEGE IS TO RESPOND TO INDIVIDUAL AND COMMUNITY NEEDS WITH QUALITY PROGRAMS OF EDUCATION IN THE TRADITION OF THE RELIGIOUS SISTERS OF MERCY.

Program Service Accomplishments

Program 1
Expenses: $35,912,907 Revenue: $36,700,205

ACCREDITED BY THE MIDDLE STATES COMMISSION ON HIGHER EDUCATION, THE COLLEGE AWARDS BACHELOR'S AND ASSOCIATE DEGREES IN THE ARTS, SCIENCES, AND HEALTH STUDIES IN BOTH CAREER-ORIENTED AND LIBERAL ARTS...

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ACCREDITED BY THE MIDDLE STATES COMMISSION ON HIGHER EDUCATION, THE COLLEGE AWARDS BACHELOR'S AND ASSOCIATE DEGREES IN THE ARTS, SCIENCES, AND HEALTH STUDIES IN BOTH CAREER-ORIENTED AND LIBERAL ARTS PROGRAMS. GRADUATE DEGREES INCLUDE MBA AND MS DEGREES IN COMMUNITY COUNSELING. BACCALAUREATE AND ASSOCIATE DEGREES ARE AVAILABLE IN ACCOUNTING, BEHAVIORAL AND SOCIAL SCIENCE, BIOLOGY AND NATURAL SCIENCE, BUSINESS ADMINISTRATION, CYBERSECURITY & DIGITAL FORENSICS, CRIMINOLOGY, PHYSICAL THERAPY ASSISTANT, NURSING, SURGICAL TECHNOLOGY, MEDICAL IMAGING, AND OTHERS. CONTINUED ON SCHEDULE "O"THE COLLEGE ALSO OFFERS MINORS IN 26 AREAS OF STUDY. NEW MAJORS INCLUDE: NONE IN FY23/24.EACH STUDENT WILL HAVE THE OPPORTUNITY TO ACQUIRE KNOWLEDGE AND TO DEVELOP VALUES, ATTITUDES, AND COMPETENCIES NECESSARY FOR LIFELONG LEARNING WITHIN AN ENVIRONMENT WHICH REFLECTS A LIBERAL ARTS ORIENTATION AND A CATHOLIC, JUDEO-CHRISTIAN HERITAGE.MOUNT ALOYSIUS PREPARES STUDENTS FOR SUCCESS BOTH IN AND OUT OF THE CLASSROOM. STUDENT SERVICES SUPPORT THE SOCIAL, PHYSICAL, AND MENTAL WELL-BEING OF A DIVERSE STUDENT BODY. MOUNT ALOYSIUS COLLEGE IS A MEMBER OF NCAA DIVISION III. SIXTEEN NCAA ATHLETIC PROGRAMS INVOLVE BOTH WOMEN AND MEN. IN ADDITION, THE STUDENTS RECREATE WITHIN A STRONG INTRAMURAL PROGRAM WHICH IS COMBINED WITH A RIGOROUS SCHEDULE OF SOCIAL AND ACADEMIC ACTIVITIES. STUDENT HEALTH IS STAFFED BY A FULL-TIME CAMPUS NURSE. PHYSICIANS ARE ON CALL AND AVAILABLE FOR STUDENT NEEDS.COUNSELING SERVICES ARE READILY AVAILABLE. A SECURE AND SAFE ENVIRONMENT CREATES THE FUNDAMENTALS FOR OUR COMPREHENSIVE RESIDENTIAL LIFE PROGRAM.STUDENTS ARE HOUSED IN FIVE ATTRACTIVE MODERN DORMITORIES AND ONE OFF-CAMPUS HOUSE. INTERNET ACCESSIBILITY IS WIRELESS WITH EXCELLENT BANDWIDTH. MEALS ARE PROVIDED THROUGH A CONTRACTED FOOD SERVICE VENDOR. MEAL PLANS OFFER STUDENTS A VARIETY OF OPTIONS. THESE INCLUDE SPECIAL DIETARY RESTRICTIONS AND MEAL PLANS MATCHING STUDENT CLINICAL (HEALTH SCIENCE MAJORS) AND ATHLETIC SCHEDULES. DIETARY OPTIONS REFLECT CURRENT BEST PRACTICES FOR A HEALTHY LIFE-STYLE. TEXT BOOKS, STATIONARY, BRANDED CLOTHING, SNACKS, AND SUNDRIES ARE AVAILABLE IN OUR BOOKSTORE CONVENIENTLY LOCATED WITHIN THE COSGRAVE STUDENT CENTER.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $5,300,622
Program Service Revenue $36,700,205
Investment Income $4,028,595
Other Revenue $73,391
TOTAL REVENUE $46,102,813

Expense Breakdown

Grants Paid $12,522,097
Salaries & Benefits $18,180,019
Fundraising Expenses $871,434
Program Expenses $35,912,907
Other Expenses $14,624,764
TOTAL EXPENSES $45,326,880

Year-over-Year Comparison

2023 2022 Change
Revenue $46,102,813 $40,237,093 +0.1%
Expenses $45,326,880 $40,971,125 +0.1%
Net Income $775,933 $-734,032 -2.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
27
Independent Members
26
Employees
648
Volunteers
34

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$662,423
Total Directors
30
$415,669
Key Employees
4
$761,707
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ADAM SHEETZ CHAIR 2.00
Officer Director
$0 $0 $0
GREGORY DREW VICE CHAIR/TREASURER 2.00
Officer Director
$0 $0 $0
DR RENEE MARTIN-NAGLE JD PHD SECRETARY 2.00
Officer Director
$0 $0 $0
JOSEPH ADAMS TRUSTEE 1.00
Director
$0 $0 $0
DR REGINALD BLABER TRUSTEE 1.00
Director
$0 $0 $0
SEAN BURKE TRUSTEE 1.00
Director
$0 $0 $0
PAUL CALANDRA TRUSTEE 1.00
Director
$0 $0 $0
WILLIAM CALDWELL JR TRUSTEE 1.00
Director
$0 $0 $0
SR EILEEN CAMPBELL RSM TRUSTEE 1.00
Director
$0 $0 $0
SEAN COOK TRUSTEE 1.00
Director
$0 $0 $0
PHILIP DEVORRIS TRUSTEE 1.00
Director
$0 $0 $0
SR MARY ANN DILLON RSM TRUSTEE 1.00
Director
$0 $0 $0
CAROLYN DONALDSON TRUSTEE 1.00
Director
$0 $0 $0
JAN FISHER TRUSTEE 1.00
Director
$0 $0 $0
PHILIP FREEMAN TRUSTEE 1.00
Director
$0 $0 $0
LEAH HOLLIS TRUSTEE 1.00
Director
$0 $0 $0
PATRICK IRWIN TRUSTEE 1.00
Director
$0 $0 $0
LEAMOR KAHANOV TRUSTEE 1.00
Director
$0 $0 $0
DR SHEELA KERSTETTER TRUSTEE 1.00
Director
$0 $0 $0
DR MATTHEW PERRY TRUSTEE 1.00
Director
$0 $0 $0
STACEY PORTER TRUSTEE 1.00
Director
$0 $0 $0
RICHARD ROSE ESQ TRUSTEE 1.00
Director
$0 $0 $0
DR STELLA SOMIARI TRUSTEE 1.00
Director
$0 $0 $0
MATTHEW STUCKEY TRUSTEE 1.00
Director
$0 $0 $0
TYLER TRIMBATH TRUSTEE 1.00
Director
$0 $0 $0
WILLIAM BILL WARD JR TRUSTEE 1.00
Director
$0 $0 $0
MICHAEL MCLANAHAN EMERITUS TRUSTEE (NON-VOTING) 1.00
Director
$0 $0 $0
ANNA M ANNA TRUSTEE (UNTIL 04/2024) 1.00
Director
$0 $0 $0
MARK LATTERNER TRUSTEE (UNTIL 06/2024) 1.00
Director
$0 $0 $0
JOHN MCKEEGAN PRESIDENT 60.00
Officer Director
$373,032 $42,637 $415,669
MICHAEL D BAKER SR VP ADMINISTRATION & STR 40.00
Officer
$209,532 $37,222 $246,754
DAVID M HASCHAK VP OF ACADEMIC AFFAIRS 40.00
Key Emp
$173,483 $35,329 $208,812
TONIA J GORDON VP FOR PEOPLE & MISSION IN 40.00
Key Emp
$154,776 $24,360 $179,136
JACOB YALE VP FOR ENROLLMENT MANAGEME 40.00
Key Emp
$177,382 $18,011 $195,393
KARY MILAN VP FOR ADVANCEMENT & ENGAGEMENT 40.00
Key Emp
$152,980 $25,386 $178,366
RICHARD J SHEA DIRECTOR OF IT(TERM 5/17/24) 40.00
Highest
$121,720 $6,384 $128,104
VIRGINIA GONSMAN DIR ACCRED & COMMUNICATION 40.00
Highest
$105,220 $14,565 $119,785
CHRISTOPHER LOVETT ACADEMIC DEAN 40.00
Highest
$126,928 $22,819 $149,747
CATHLEEN GOLDEN ASSOCIATE DEAN 40.00
Highest
$114,671 $15,966 $130,637
SHELLEY CAMPBELL ASST. VP PHYSICAL PLANT & AUXILIARIES 40.00
Highest
$100,870 $14,275 $115,145
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $46,102,813 $45,326,880 $183,823,282 $775,933
2023 $40,237,093 $40,971,125 $176,398,652 $-734,032
2022 $49,681,704 $39,775,774 $174,506,479 $9,905,930
2021 $41,178,883 $36,791,272 $187,396,444 $4,387,611
2020 $37,422,619 $35,547,925 $166,207,128 $1,874,694
2019 $41,484,873 $35,094,071 $164,959,496 $6,390,802
2018 $39,716,070 $35,000,800 $164,060,011 $4,715,270
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