Mercy College Annual Report 2009

Financial HighlightsSTATEMENT OF ACTIVITIESFor fiscal years ended June 30, 2009 and 2008.Operating Activities 2009 2008RevenuesNet Tuition and Fees $ 103,288,344 $ 89,003,400Government Grants and Contracts 6,112,152 5,874,482New York State Appropriations 836,577 877,913Contributions and Private Grants 792,293 782,078Investment Return 626,823 1,158,000Room and Board 1,955,552 1,479,234Other Sources 640,166 1,139,138Total OPERATING ACTIVITIES 114,251,907 100,314,245Operating Expenses 2009 2008Program ServicesInstructional Support $ 38,462,302 $ 37,632,535Academic Support 17,570,110 17,940,411Student Services 12,517,037 13,687,440Auxiliary Enterprises 2,980,663 3,046,110Total Program SERVICES 71,530,112 72,306,496Supporting ServicesInstitutional Support 22,440,490 22,226,037Total OPERATING ExPENSES 93,970,602 94,532,533GROWTH in NET ASSETS (In THOUSANDS)14012091.51008070.674.176.779.3Total AssetsTotal Net Assets604046.72026.627.632.4 33.802005 2006 2007 2008 200922 • Mercy College Annual Report 2009