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Goldey-Beacom College

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

EIN: 510109178 ✦ Wilmington, DE ✦ Designated as a 501(c)(3)

Overview

What is Goldey-Beacom College?

Goldey-Beacom College is a nonprofit educational institution based in Wilmington, Delaware, with an address at 4701 Limestone Road, 19808. The college provides day and evening academic programs to 550 full-time students and 741 part-time students. In the fall of 2021, the college introduced a tuition reset, significantly reducing gross tuition charges by approximately 50% compared to the previous year. The college's mission is to grant associate, bachelor, and graduate degrees to qualified students. With a commitment to accessibility and high-quality education, Goldey-Beacom College offers challenging undergraduate and graduate programs. As a teaching-oriented institution, the college prioritizes instructional excellence, employing caring and dedicated faculty who motivate students to reach their full potential and excel in their respective fields. The college provides a nurturing, intellectually stimulating learning environment to help students grow as individuals and contribute meaningfully to society. The college employs a total workforce of 281 individuals.


Official website here: www.gbc.edu

Is Goldey-Beacom College legitimate?

Goldey-Beacom College is a legitimate nonprofit organization registered as a 501(c)(3) entity. Goldey-Beacom College 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.

Here are some key statistics you may want to consider:

Executive Compensation: $1,314,519
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,761,497

For more financial information, click here


Official website here: www.gbc.edu

What is the mission statement of Goldey-Beacom College?

In its second century of existence, Goldey-Beacom College remains dedicated to providing accessible, high-quality education focused on careers. As an independent, multilevel institution, it offers challenging undergraduate and graduate programs. Goldey-Beacom College emphasizes instructional excellence, prioritizing dedicated and knowledgeable faculty who inspire students to reach their full potential. The college strives to create a caring, wholesome learning environment where students can grow individually and become productive members of society.


Official website here: www.gbc.edu

Who is the CEO of Goldey-Beacom College?

Kristine Santomauro is the President of Goldey-Beacom College.


Official website here: www.gbc.edu

What is the revenue of Goldey-Beacom College?

Goldey-Beacom College's revenue in 2022 was $32,727,269.


Official website here: www.gbc.edu

Who are the executives of Goldey-Beacom College and what are their salaries?

The average compensation at Goldey-Beacom College during 2022 was $28,740. There are 281 employees and 25 volunteers at Goldey-Beacom College.

Here are 21 key members and their salaries:

    Colleen Perry Keith (President) [Trustee/Director]
  • Compensation: $372,241
  • Related: $0
  • Other: $50,917

    • Kristine Santomauro (Executive Vice President)
  • Compensation: $326,803
  • Related: $0
  • Other: $64,392

    • Alison White (Provost/Vp For Academic Affairs)
  • Compensation: $203,895
  • Related: $0
  • Other: $31,937

    • Susan Mannering (Asst. Vp Of Financial Svcs & Hr)
  • Compensation: $135,576
  • Related: $0
  • Other: $55,289

    • Charles Hammond (Vp For Student Affairs And Athletics)
  • Compensation: $169,815
  • Related: $0
  • Other: $15,521

    • Jane Lysle (Former Dean Of Enrollment Management)
  • Compensation: $130,600
  • Related: $0
  • Other: $37,650

    • Joel Worden (Assoc. Provost For Academic Programs)
  • Compensation: $118,125
  • Related: $0
  • Other: $29,844

    • William Daniel Young (Director Of Dba Program)
  • Compensation: $106,123
  • Related: $0
  • Other: $34,948

    • William Rivers (Associate Professor)
  • Compensation: $112,921
  • Related: $0
  • Other: $22,652

    • Peter Rysavy (Cio)
  • Compensation: $116,914
  • Related: $0
  • Other: $16,804

    • Javed Gilani (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • E Thomas Harvey Iii (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joan Verbonitz Panik (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • R Jeffrey Johnson (Board Secretary/Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John J Patterson Iii (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cornelia N Winner (Board Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Olazagasti (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ursula Sharp (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Noreen D Lasorsa (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Melody Phillips (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dorrell Green (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.gbc.edu

    Where can I find the form 990 for Goldey-Beacom College?

    The Goldey-Beacom College’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.gbc.edu

    Learn more at the official website: www.gbc.edu

    Mission Statement of Goldey-Beacom College

    In its second century of operation, Goldey-Beacom College remains dedicated to providing accessible, high-quality, career-focused education for qualified students. The institution, known for its teaching-oriented approach, emphasizes instructional excellence in the classroom and is committed to sustaining faculty who are caring, dedicated, and knowledgeable in their respective fields. These faculty members motivate students to reach their full learning potential and represent teaching excellence. Goldey-Beacom College goes beyond academics by offering a caring, wholesome, intellectually stimulating learning environment for its students. This nurturing atmosphere fosters individual growth and prepares students to become worthy, productive members of society.

    Impact

    This information is meant to be a general summary of Goldey-Beacom College. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Goldey-Beacom College plays a crucial role in providing accessible, high-quality, career-focused education to students in Wilmington, Delaware. With its diverse range of undergraduate and graduate programs, the college has a direct impact on the lives of over 1,200 students pursuing their academic and professional goals. By implementing a tuition reset that significantly reduces the financial burden on students, Goldey-Beacom College is enhancing educational accessibility and affordability for individuals seeking to advance their careers. Through its commitment to instructional excellence and a supportive learning environment, the college is preparing students to succeed in their chosen fields and contribute meaningfully to society.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $12,010,138
  • Program Service Revenue: $17,205,479
  • Gross Receipts: $40,774,550

    • Assets and Liabilities:
  • Total Assets: $221,938,935
  • Total Liabilities: $20,956,023
  • Net Assets: $200,982,912
  • Programs

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

    STUDENT TUITION & FEES

    Revenue

    $14,338,448

    RESIDENCE HALL FEES

    Revenue

    $1,957,376

    FOOD SERVICE REVENUE

    Revenue

    $755,892

    CAMP, ATHLETICS, AND OTHER FEES

    Revenue

    $153,763

    Organization Details

    Founding Year

    1951

    Principal Officer

    Kristine Santomauro

    Main Address

    4701 LIMESTONE ROAD, WILMINGTON, DE, 19808

    NTEE Category

    Code: B43 - Education

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