Hartwick College
93% goes to programs $14 to raise $100 Strong reserves
Hartwick College is a 501(c)(3) organization based in Oneonta, New York, registered in 1937, with $87,033,017 in FY2023 revenue. CharityIndex grades it A, and it directs about 93% of spending to programs.
1 Hartwick Dr, Oneonta, NY, 13820 EIN 15-0533561 Since 1937
Revenue (FY2023)
$87.0M
▲ 5.0% vs prior year
Education median: $200K
Expenses (FY2023)
$94.3M
Net assets
$58.8M
Employees
979
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 rating93% to programs · $14 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 Hartwick College: 93% to programs · $14 to raise $100 earns a A on this criterion. See the exact thresholds →
B+Financial health25% of the rating7 mo reserves · -8% 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 Hartwick College: 7 mo reserves · -8% margin earns a B+ 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 Hartwick College: 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 Hartwick College: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Hartwick college, an engaged community striving towards inclusion and equity while increasing diversity, integrates a liberal arts education with experiential learning to inspire curiosity, critical thinking, creativity, personal courage and an enduring passion for learning.
What they do
Student services - student services expenses include primarily the student life activities, intercollegiate athletics, the office of the registrar, the office of financial aid and the office of admissions.
Auxiliary enterprises - auxiliary enterprise expenses include expenditures associated with the residence halls, food service and health center operations.
Institutional support - institutional support expenses encompass expenditures incurred in the general administration of the college.academic support - academic support expenses entail costs incurred in the operation of campus-based services which enhance the academic environment.public service - public services expenses encompass those costs related to programs sponsored by the college, primarily for the benefit of residents of the local community and surrounding area.
Contact & location
- Address
- 1 Hartwick Dr, Oneonta, NY, 13820
- City
- Oneonta
- State
- New York
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $81.8M (FY2013) to $87.0M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $46.5MNet assets $58.8M
Operating margin
-8.3%
Spent more than it raised in the latest fiscal year.
Total assets
$105.3M
Total liabilities
$46.5M
Net assets
$58.8M
Salaries & benefits
$27.5M
29% of expenses
Board members
25
24 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $87,033,017▲5.0% | $94,270,806▼1.1% | $58,797,343▼11.9% | $105,291,019▼7.8% | 990 |
| 2022 | $82,877,184▼5.4% | $95,291,688▲0.3% | $66,728,947▼18.6% | $114,215,151▼13.6% | 990 |
| 2021 | $87,589,013▲0.2% | $94,964,653▲6.9% | $81,982,264▼19.9% | $132,159,507▼13.9% | 990 |
| 2020 | $87,443,533▲14.7% | $88,853,537▲5.5% | $102,352,086▲17.0% | $153,448,262▲7.6% | 990 |
| 2019 | $76,206,626▲5.4% | $84,235,787▲5.1% | $87,472,687▼12.9% | $142,667,541▼6.0% | 990 |
| 2018 | $72,311,264▼0.9% | $80,159,760▲2.9% | $100,453,403▼4.8% | $151,762,389▼3.1% | 990 |
| 2017 | $72,988,713▼7.2% | $77,935,490▼3.1% | $105,513,018▼1.1% | $156,639,158▼1.4% | 990 |
| 2016 | $78,690,319▲3.3% | $80,430,577▲1.6% | $106,702,913▲5.4% | $158,882,513▲3.0% | 990 |
| 2015 | $76,172,202▼3.9% | $79,171,719▼2.4% | $101,188,951▼6.0% | $154,252,772▼3.6% | 990 |
| 2014 | $79,254,062▼3.1% | $81,129,176▼0.7% | $107,664,430▼2.1% | $160,041,840▲16.4% | 990 |
| 2013 | $81,798,064 | $81,664,655▲7.5% | $109,926,640▲10.2% | $137,494,428▲6.7% | 990 |
| 2012 | — | $75,938,459▲2.9% | $99,761,530▲5.8% | $128,882,094▲3.9% | 990 |
| 2011 | — | $73,824,243▲7.2% | $94,314,188▼1.0% | $124,102,845▼2.5% | 990 |
| 2010 | — | $68,890,145▲8.3% | $95,260,251▲21.5% | $127,255,047▲11.0% | 990 |
| 2009 | — | $63,597,358 | $78,430,551 | $114,621,818 | 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: Darren Reisberg — $458,151 (0.49% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Darren Reisberg | Past President | 40 | $458,151 |
| James Kellerhouse | Vp For Instituitional Advancement | 40 | $218,409 |
| Laurel Bongiorno | Vp For Academic Affairs & Provost | 40 | $195,760 |
| Karen Zuill | Vp For Finance & Ops/asst Treasurer | 40 | $186,505 |
| Suzanne Janitz | Vp For Human Resources & Compliance | 40 | $154,402 |
| Gail Glover | Vp For Strategic Communications | 40 | $144,388 |
| Erica Holoquist | Coordinator For Nursing Dept/adjunct | 40 | $127,705 |
| Pauline Stamp | Associate Professor - Business Admin | 40 | $127,248 |
| Karen Mcgrath | Former Svp Enrollment & Student Exp. | 40 | $126,336 |
| Peter Mizera | Past Chief Information Officer | 40 | $123,263 |
| Lisa Corbett | Assistant Secretary | 40 | $100,509 |
| Annie Chorbajian | Trustee | 1 | — |
| Brianna Mckenzie | Trustee | 1 | — |
| Cathy Weeks | Treasurer | 1 | — |
| Colleen Connery | Secretary | 1 | — |
| Cyrus Mehri | Trustee | 1 | — |
| David Long | Trustee | 1 | — |
| Edward Droesch | Trustee | 1 | — |
| Georgette Smith | Trustee | 1 | — |
| Ivan Samstein | Trustee | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Aramark Facilities Services | Facilities Maintenance | $5,077,437 |
| Aramark Dining Services | Dining | $4,119,240 |
| Eab Global Inc | Student Recruiting | $676,788 |
| Ellucian Company LLC | Tech Software/support | $470,929 |
| A Treffeisen & Son | Plumbing, Heating and Electrical Contrac | $457,780 |
Grants received · $4.6M total
59 grants to Hartwick College totaling $4.6M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Ayco Charitable Foundation | Education | 2024 | $26,000 |
| Charities Aid Foundation America | Charitable donation | 2024 | $20,251 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $15,000 |
| The Us Charitable Gift Trust | For recipient's exempt purpose | 2024 | $15,000 |
| American Online Giving Foundation Inc | General support | 2024 | $7,238 |
| Donor Advised Charitable Giving | Education | 2023 | $2,067,650 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $75,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $60,450 |
| Ayco Charitable Foundation | Education | 2023 | $27,000 |
| The New York Community Trust | For general support. | 2023 | $25,000 |
| American Online Giving Foundation Inc | General support | 2023 | $18,837 |
| Goldman Sachs Charitable Gift Fund | Educational programs & other student svc | 2023 | $10,500 |
| Charities Aid Foundation America | Charitable donation | 2023 | $10,000 |
| The Us Charitable Gift Trust | For recipient's exempt purpose | 2023 | $6,000 |
| Howard Hughes Medical Institute | Inclusive excellence 3 learning community | 2022 | $529,500 |
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Frequently asked questions
- Is Hartwick College a legitimate nonprofit?
- Yes. Hartwick College is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 15-0533561, based in Oneonta, New York. Donations are tax-deductible.
- What is Hartwick College's EIN?
- Hartwick College's Employer Identification Number (EIN) is 15-0533561.
- How much revenue does Hartwick College report?
- Hartwick College reported $87,033,017 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Hartwick College's spending goes to programs?
- Hartwick College spends about 93% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Hartwick College have?
- CharityIndex grades Hartwick College A, based on program efficiency and fundraising cost.
- How much does Hartwick College's highest-paid employee make?
- The highest reported compensation on Hartwick College's latest Form 990 is $458,151, paid to Darren Reisberg (Past President).
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Data for Hartwick College (EIN 15-0533561) 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.