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LASELL UNIVERSITY

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Public IRS 990 nonprofit record

LASELL UNIVERSITY

EIN 04-2103585 · Education (B420)

What they do

WE IMMERSE STUDENTS IN EXPERIENTIAL and COLLABORATIVE LEARNING THAT FOSTERS LIFELONG INTELLECTUAL EXPLORATION and SOCIAL RESPONSIBILITY.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $86.90 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders29 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

91.02%of revenue went to mission work86.9% of expenses · Program services
3.38%of revenue went to fundraising3.2% of expenses
$104.74spent for every $100 of revenueSpending was higher than revenue this year.
10.34%of revenue went to management and office costs9.9% of expenses
$1.83in assets for every $1 spent this yearSome assets cannot be spent right away.
10.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $3,240,052 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $494,709 for ERIC TURNER (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$68,292,346
Mission workProgram services$62,162,58191.02% of revenue86.9% of expenses
ManagementOffice and general costs$7,059,90810.34% of revenue9.9% of expenses
FundraisingAsking for donations$2,309,9093.38% of revenue3.2% of expenses
Total expenses$71,532,398104.74% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2024CurrentExpense mix: 86.9% mission · 9.9% management · 3.2% fundraisingTotal expenses: 104.74% of revenue
2023Expense mix: 86.4% mission · 9.9% management · 3.8% fundraisingTotal expenses: 84.60% of revenue
2022Expense mix: 88.5% mission · 8.4% management · 3.1% fundraisingTotal expenses: 117.72% of revenue
2021Expense mix: 89.4% mission · 8.0% management · 2.7% fundraisingTotal expenses: 105.30% of revenue
2020Expense mix: 77.9% mission · 20.1% management · 2.1% fundraisingTotal expenses: 100.92% of revenue
2019Expense mix: 89.9% mission · 8.1% management · 2.0% fundraisingTotal expenses: 101.24% of revenue
2018Expense mix: 89.9% mission · 8.3% management · 1.8% fundraisingTotal expenses: 100.07% of revenue
2017Expense mix: 89.6% mission · 8.1% management · 2.3% fundraisingTotal expenses: 99.45% of revenue

Money in and money out

Revenue$68,292,346
Expenses$71,532,398
Annual shortfall $3,240,052 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$62,162,581 · 86.9% of expenses
Management and office costs$7,059,908 · 9.9% of expenses
Fundraising$2,309,909 · 3.2% of expenses
See all reported dollar amounts
Revenue$68,292,346
Expenses$71,532,398
Assets$130,812,275
Income$76,122,943
Contributions$6,860,474
Mission work (program services)$62,162,581
Fundraising$2,309,909
Management and general$7,059,908
Stocks and bonds$35,852,915
Accounting fees$134,235
Investing fees$146,615
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
ERIC TURNERPRESIDENT · 40 hrs/week $494,709Base $382,748 · Other $111,961
ZEHRA ABID-WOODPRESIDENT OF LASELL VILLAGE · 40 hrs/week $362,291Base $307,390 · Other $54,901
CHRYSTAL PORTERPROVOST · 40 hrs/week $287,436Base $236,870 · Other $50,566
ANDREW MAYLORCFO, COO, VP OF STRATEGIC INITIATIVES · 40 hrs/week $276,170Base $261,527 · Other $14,643
CHELSEA GWYTHERVP OF ADVANCEMENT · 40 hrs/week $258,726Base $239,833 · Other $18,893
JENNIFER OKEEFFECHIEF OF STAFF & GENERAL COUNSEL · 40 hrs/week $225,543Base $180,952 · Other $44,591
JESSE TAURIACCHIEF DIVERSITY OFFICER · 40 hrs/week $196,225Base $186,704 · Other $9,521
HENRY PUGHCLERK & EXEC. ASST. TO PRESIDENT · 40 hrs/week $118,986Base $80,369 · Other $38,617

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (29)

ERIC TURNERPRESIDENT

ZEHRA ABID-WOODPRESIDENT OF LASELL VILLAGE

CHRYSTAL PORTERPROVOST

ANDREW MAYLORCFO, COO, VP OF STRATEGIC INITIATIVES

CHELSEA GWYTHERVP OF ADVANCEMENT

JENNIFER OKEEFFECHIEF OF STAFF & GENERAL COUNSEL

JESSE TAURIACCHIEF DIVERSITY OFFICER

HENRY PUGHCLERK & EXEC. ASST. TO PRESIDENT

LAURIE PASCALTRUSTEE

JOE MARAIACLERK (UNTIL OCT. 2024)/TRUSTEE

LINDA MAGUIRETRUSTEE

LORI HINDLEVICE CHAIR

MERCEDES KELEMENTRUSTEE

PETER SCHULTETREASURER

RENA CLARKTRUSTEE (UNTIL OCT. 2024)/CLERK

SUSAN DUNNETRUSTEE

UBIN POKHARELTRUSTEE

VICTORIA RAKOVTRUSTEE

KEON HOLMESTRUSTEE

KARL VASILOFFTRUSTEE

JUDITH WITTENBERGTRUSTEE (UNTIL APR. 2025)

JOHN MCKENNATRUSTEE

HEIDI RAFFONETRUSTEE

GREG HOLMANTRUSTEE

GERRY DEROCHECHAIR

DEBBY MAHONEYTRUSTEE

CARLOS FONSECATRUSTEE

BRYAN WARDTRUSTEE (UNTIL OCT. 2024)

BRAD KATESTRUSTEE

About this charity

Recognized since
January 1928
Location
1844 COMMONWEALTH AVE, NEWTON, MA 02466-2709
County
Middlesex
In care of
% LASELL UNIVERSITY
Primary officer
ANDREW MAYLOR, CFO, COO, VP OF STRATEGIC INIT

How to reach them

WebsiteVisit the charity’s website Phone(617) 243-2000

Filing and classification

Latest tax year
2024
Tax period began
July 1, 2024
Return type
990
Tax preparer
CBIZ ADVISORS LLC
NTEE classification
Education (B420)

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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