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DAEMEN UNIVERSITY

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Public IRS 990 nonprofit record

DAEMEN UNIVERSITY

EIN 16-0759798 · Education (B420)

What they do

Private, Independent University Providing Higher Education to Students. The Mission of Daemen University is to Prepare Creative, Ethically-minded Leaders for A Diverse and Interconnected World By Integrating The Intellectual Strengths Acquired Through The Liberal Arts With The Preparation Necessary for Professional Excellence to Make Meaningful Contributions to Society.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $92.40 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 leaders44 people are listed in the latest report.

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

Money made simple

91.45%of revenue went to mission work92.4% of expenses · Program services
0.55%of revenue went to fundraising0.6% of expenses
$99.00spent for every $100 of revenueRevenue covered expenses this year.
6.99%of revenue went to management and office costs7.1% of expenses
$0.95in assets for every $1 spent this yearSome assets cannot be spent right away.
9.9%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.

Pay context: The highest compensation shown in this filing is $587,604 for DR GARY A OLSON (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$92,503,760
Mission workProgram services$84,596,44891.45% of revenue92.4% of expenses
ManagementOffice and general costs$6,469,6816.99% of revenue7.1% of expenses
FundraisingAsking for donations$513,0150.55% of revenue0.6% of expenses
Revenue left after expensesReported annual surplus$924,6161.00% of revenueShown in gray on the chart
Total expenses$91,579,14499.00% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

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: 92.4% mission · 7.1% management · 0.6% fundraisingTotal expenses: 99.00% of revenue
2023Expense mix: 91.9% mission · 7.5% management · 0.6% fundraisingTotal expenses: 99.61% of revenue
2022Expense mix: 91.7% mission · 7.8% management · 0.6% fundraisingTotal expenses: 99.82% of revenue
2021Expense mix: 92.1% mission · 7.2% management · 0.7% fundraisingTotal expenses: 95.65% of revenue
2020Expense mix: 92.1% mission · 7.2% management · 0.7% fundraisingTotal expenses: 96.66% of revenue
2019Expense mix: 91.9% mission · 7.3% management · 0.8% fundraisingTotal expenses: 100.23% of revenue
2018Expense mix: 91.3% mission · 7.9% management · 0.8% fundraisingTotal expenses: 102.39% of revenue
2017Expense mix: 92.2% mission · 7.0% management · 0.9% fundraisingTotal expenses: 99.16% of revenue

Money in and money out

Revenue$92,503,760
Expenses$91,579,144
Annual surplus $924,616 Revenue was higher than expenses 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)$84,596,448 · 92.4% of expenses
Management and office costs$6,469,681 · 7.1% of expenses
Fundraising$513,015 · 0.6% of expenses
See all reported dollar amounts
Revenue$92,503,760
Expenses$91,579,144
Assets$86,714,837
Income$146,307,605
Contributions$9,138,547
Mission work (program services)$84,596,448
Fundraising$513,015
Management and general$6,469,681
Accounting fees$31,900
Investing fees$123,029
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
DR GARY A OLSONPRESIDENT · 40 hrs/week $587,604Base $542,315 · Other $45,289
DR MICHAEL BROGANEXECUTIVE VICE PRESIDENT FOR ACADEMIC AFFAIRS AND · 40 hrs/week $206,585Base $184,765 · Other $21,820
THOMAS WOJCIECHOWSKIEXECUTIVE DIRECTOR OF WEB COMMUNICATIONS · 40 hrs/week $190,628Base $102,282 · Other $88,346
GREGORY FORDDEAN OF THE SCOTT BIELER COLLEGE OF HEALTH PROFESS · 40 hrs/week $164,669Base $119,680 · Other $44,989
DIANE BESSEL MATTESONASSOCIATE PROFESSOR · 40 hrs/week $163,596Base $154,652 · Other $8,944
MELAINE KENYONVP OF INFORMATION TECHNOLOGY · 40 hrs/week $162,265Base $131,939 · Other $30,326
ELIZABETH WRIGHTAVP OF ACADEMIC RELATIONS · 40 hrs/week $161,438Base $113,645 · Other $47,793
MIMI STEADMANVICE PRESIDENT FOR STRATEGIC INITIATIVES · 40 hrs/week $156,319Base $128,684 · Other $27,635
HEATHER MALONEY-STASSENFOUNDING DEAN & VICE PROVOST · 40 hrs/week $151,758Base $124,476 · Other $27,282
KERRY SPICERVICE PRES. FOR STUDENT AFFAIRS & DEAN OF STUDENTS · 40 hrs/week $141,832Base $112,099 · Other $29,733
TRACI MURPHYVICE PRESIDENT FOR ATHLETICS · 40 hrs/week $141,513Base $114,935 · Other $26,578
MARIO HICKSVP OF INSTITUTIONAL ADVANCEMENT · 40 hrs/week $127,397Base $123,600 · Other $3,797

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 (44)

DR GARY A OLSONPRESIDENT

DR MICHAEL BROGANEXECUTIVE VICE PRESIDENT FOR ACADEMIC AFFAIRS AND

THOMAS WOJCIECHOWSKIEXECUTIVE DIRECTOR OF WEB COMMUNICATIONS

GREGORY FORDDEAN OF THE SCOTT BIELER COLLEGE OF HEALTH PROFESS

DIANE BESSEL MATTESONASSOCIATE PROFESSOR

MELAINE KENYONVP OF INFORMATION TECHNOLOGY

ELIZABETH WRIGHTAVP OF ACADEMIC RELATIONS

MIMI STEADMANVICE PRESIDENT FOR STRATEGIC INITIATIVES

HEATHER MALONEY-STASSENFOUNDING DEAN & VICE PROVOST

KERRY SPICERVICE PRES. FOR STUDENT AFFAIRS & DEAN OF STUDENTS

TRACI MURPHYVICE PRESIDENT FOR ATHLETICS

MARIO HICKSVP OF INSTITUTIONAL ADVANCEMENT

JACQUELYN DOLEAVP OF BUSINESS AFFAIRS & CONTROLLER

TIFFANY HAMILTONVP INSTITUTIONAL EQUITY & BELONGING & HEOP DIRECTO

ROBERT ROODVP OF BUSINESS AFFAIRS

MICHAEL ROSSTRUSTEE

TIMOTHY BALKINVICE PRESIDENT OF BUSINESS AFFAIRS

LISA A ARIDAAVP OF BUSINESS AFFAIRS & CONT.

ROBERT GIOIATRUSTEE

LANA BENATOVICHTRUSTEE

PAUL SAFFRINVICE CHAIR

REBECCA J MCCORMICK-BOYLETRUSTEE

TERRENCE GILBRIDETRUSTEE

SCOTT BIELERTRUSTEE

SCOTT FRIEDMANTRUSTEE

SHANDRA SPICERTRUSTEE

STEVEN ZENGERTRUSTEE

THOMAS REYNOLDSTRUSTEE

MARK CHASONTRUSTEE

LYNN MARINELLITRUSTEE

ALAN GRACIETRUSTEE

KATHY LAWLEY-BESTTRUSTEE

JOHNATHAN GRAVESTRUSTEE

JOHN YURTCHUKCHAIR

JOETTE ZACCAGNINOSECRETARY/TREASURER

JOANN FALLETTATRUSTEE

JO-ANN GRABOWSKITRUSTEE

JENNIFER GURSKE-DEPERIOTRUSTEE

GAIL Y MITCHELLTRUSTEE

DOROTHY FERGUSONTRUSTEE

CANDACE JOHNSONTRUSTEE

BYRON BROWNTRUSTEE

BRIAN HIGGINSTRUSTEE

ALAN TURNER IITRUSTEE

About this charity

Recognized since
January 1951
Location
4380 MAIN ST, AMHERST, NY 14226-3544
County
Erie
In care of
% LISA A ARIDA
Primary officer
Timothy Balkin, Vice President of Business Affairs

How to reach them

WebsiteVisit the charity’s website Phone(716) 839-8218

Filing and classification

Latest tax year
2024
Tax period began
June 1, 2024
Return type
990
Tax preparer
DRESCHER &MALECKI LLP
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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