Champlain College Inc
85% goes to programs $21 to raise $100 Strong reserves
Champlain College Inc is a 501(c)(3) organization based in Burlington, Vermont, registered in 1968, with $136,223,485 in FY2023 revenue. CharityIndex grades it A, and it directs about 85% of spending to programs.
Po Box 670, Burlington, VT, 05402 EIN 03-0220266 Since 1968
Revenue (FY2023)
$136.2M
▲ 6.0% vs prior year
Education median: $200K
Expenses (FY2023)
$136.8M
Net assets
$136.6M
Employees
1,622
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating85% to programs · $21 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Champlain College Inc: 85% to programs · $21 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating12 mo reserves · -0% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Champlain College Inc: 12 mo reserves · -0% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Champlain College Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Champlain College Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
See schedule o
What they do
Auxiliary enterprises- residential life at champlain college includes 20 traditional residence halls and 9 apartment style housing complexes, each with distinctive architectural features. each residence has a community-oriented atmosphere. this setting helps create much closer and longer-lasting relationships, something that differentiates champlain. at champlain, you'll find victorian-era mansions with curved staircases, carefully restored woodwork and expansive windows looking out over lake champlain and the adirondack mountains. champlain believes that providing housing enables the college to provide students with a more well-rounded educational experience and contributes to getting students ready for life. the college operates a conference and event center which offers a venue for special events, meetings and conferences. additionally, the college's book store and food service is offered for the students (primarily for the residential campus community).
Champlain college online (cco) offers undergraduate and graduate programs online to adult learners with degrees in business, cybersecurity, gaming, healthcare and information technology. cco programs are tailored to the needs of an adult student population; they take into account the value of prior education and professional experiences. cco also houses the college's tru-ed program. tru-ed is a bold reimaging of workforce development that creates opportunities for adults to further their education in champlain college's award-winning online academic programs and brings talent management and forward-thinking workforce development solutions to employers. through strategic alliances with leading organizations in government and industry, champlain college online delivers an affordable, accessible and immediately applicable higher education to help employees gain the skills and knowledge needed to enhance their careers and achieve their organization's business objectives.
Contact & location
- Address
- Po Box 670, Burlington, VT, 05402
- City
- Burlington
- State
- Vermont
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $103.9M (FY2013) to $136.2M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $81.0MNet assets $136.6M
Operating margin
-0.4%
Spent more than it raised in the latest fiscal year.
Total assets
$217.5M
Total liabilities
$81.0M
Net assets
$136.6M
Salaries & benefits
$53.5M
39% of expenses
Board members
31
30 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $136,223,485▲6.0% | $136,765,367▲5.3% | $136,566,063▼1.2% | $217,547,236▼1.8% | 990 |
| 2022 | $128,478,553▲1.2% | $129,827,314▲3.2% | $138,206,531▼2.2% | $221,563,269▼2.0% | 990 |
| 2021 | $126,984,427▲6.1% | $125,848,331▲1.4% | $141,287,615▼7.7% | $225,972,098▼6.2% | 990 |
| 2020 | $119,718,125▼3.4% | $124,092,885▲0.7% | $153,132,314▲5.6% | $240,784,775▲2.9% | 990 |
| 2019 | $123,943,926▼0.9% | $123,280,120▼2.2% | $145,036,883▼1.3% | $233,922,158▼2.0% | 990 |
| 2018 | $125,129,643▼4.6% | $126,101,561▼0.2% | $147,007,938▲0.1% | $238,701,926▼1.3% | 990 |
| 2017 | $131,133,041▲1.4% | $126,326,741▲2.2% | $146,913,484▲4.4% | $241,835,996▲1.8% | 990 |
| 2016 | $129,307,002▲7.3% | $123,556,555▲7.7% | $140,670,451▲7.5% | $237,668,932▲21.8% | 990 |
| 2015 | $120,527,594▲13.2% | $114,677,697▲12.0% | $130,852,847▲3.2% | $195,140,768▲1.1% | 990 |
| 2014 | $106,497,980▲2.5% | $102,348,631▲5.8% | $126,834,460▲1.9% | $193,069,485▲4.2% | 990 |
| 2013 | $103,906,494 | $96,745,946▲11.8% | $124,530,341▲9.2% | $185,277,063▲6.2% | 990 |
| 2012 | — | $86,533,009▲3.5% | $114,071,047▲20.2% | $174,473,679▲24.0% | 990 |
| 2011 | — | $83,566,517▲1.7% | $94,926,819▲1.9% | $140,712,114▲8.2% | 990 |
| 2010 | — | $82,173,228▲11.9% | $93,149,286▲6.4% | $130,000,420▲4.5% | 990 |
| 2009 | — | $73,435,415 | $87,570,535 | $124,358,877 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Alejandro E Hernandez — $446,273 (0.33% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Alejandro E Hernandez | President | 40 | $446,273 |
| Monique Taylor | Provost | 40 | $299,475 |
| Leslie Averill | Vice President | 40 | $269,413 |
| Shelley Navari | Vice President (thru 7/23) | 40 | $243,509 |
| Christa Montagnino | Vice President | 40 | $234,358 |
| Diana Matot | Vice President | 40 | $207,042 |
| Robin Gronlund | Vice President (thru 6/24) | 40 | $193,151 |
| Ali Hadi | Professor | 40 | $187,125 |
| Sarah Andriano | Vice President | 40 | $170,408 |
| Paolo Sergio Tenreiro De Maga | Professor | 40 | $167,325 |
| Danelle Berube | Vice President | 40 | $166,880 |
| Donald Haggerty | Department Chair | 40 | $165,315 |
| Adam Goldstein | Professor | 40 | $165,303 |
| Amanda Fox | Acting Dean Div of Commun | 40 | $157,286 |
| April O'dell | Asst Treas/treas (as of 7/23) | 40 | $149,767 |
| Jennifer Kennelly | Assist Treas (as of 7/5/23) | 40 | $122,122 |
| Rick Blount | Secretary (thru 8/23) | 20 | $67,520 |
| Leandre Waldo | Secretary (as of 7/31/23) | 20 | $54,824 |
| Aimee Marti | Trustee | 2 | — |
| Charles Kittredge | Trustee (thru 10/23) | 4 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Sodexo Inc and Affiliates | Food Service | $4,269,496 |
| Eddy Acquisitions LLC | Digital Marketing | $1,846,317 |
| Paul Frank Collins PC | Building Purchase | $1,598,036 |
| Google LLC | Account Services | $1,194,418 |
| Cbmvt LLC | Janitorial Services | $805,611 |
Grants received · $5.3M total
56 grants to Champlain College Inc totaling $5.3M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Vermont Community Foundation | To support the champlain college & nuwave experiential learning collaboration | 2024 | $104,754 |
| American Endowment Foundation | Educational | 2024 | $50,000 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $25,000 |
| Hispanic Scholarship Fund | To provide scholarships for students | 2024 | $18,090 |
| American Online Giving Foundation Inc | General support | 2024 | $12,035 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $5,000 |
| Donor Advised Charitable Giving | Education | 2023 | $624,800 |
| Vermont Community Foundation | General purpose | 2023 | $263,503 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $118,100 |
| Amalgamated Charitable Foundation Inc | General operating support and project support | 2023 | $55,000 |
| American Endowment Foundation | Educational | 2023 | $50,000 |
| Raymond James Charitable Endowment Fund | General support | 2023 | $15,000 |
| Hispanic Scholarship Fund | To provide scholarships for students | 2023 | $12,407 |
| American Online Giving Foundation Inc | General support | 2023 | $8,672 |
| Donor Advised Charitable Giving | Education | 2022 | $723,650 |
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Compare Champlain College Inc
Frequently asked questions
- Is Champlain College Inc a legitimate nonprofit?
- Yes. Champlain College Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 03-0220266, based in Burlington, Vermont. Donations are tax-deductible.
- What is Champlain College Inc's EIN?
- Champlain College Inc's Employer Identification Number (EIN) is 03-0220266.
- How much revenue does Champlain College Inc report?
- Champlain College Inc reported $136,223,485 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Champlain College Inc's spending goes to programs?
- Champlain College Inc spends about 85% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Champlain College Inc have?
- CharityIndex grades Champlain College Inc A, based on program efficiency and fundraising cost.
- How much does Champlain College Inc's highest-paid employee make?
- The highest reported compensation on Champlain College Inc's latest Form 990 is $446,273, paid to Alejandro E Hernandez (President).
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Data for Champlain College Inc (EIN 03-0220266) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.