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DAEMEN UNIVERSITY

Amherst, NY · EIN 160759798 · Form 990 · FY2024 · NTEE B420 · Education · Very Large (>$50M) · daemen.edu
revenue
$92.5M
expenses
$91.6M
net assets
$50.3M
employees
1,321
volunteers
60
program ratio
92%
mission · from form 990

Education - Private, Independent University. 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.

profile · synthesized from sources

Daemen University is a private, nonsectarian university located in Amherst, New York, offering undergraduate and graduate degree programs. The institution integrates liberal arts education with professional preparation to develop ethically-minded leaders. It serves students through academic programs, student life initiatives, and community engagement, emphasizing inclusion, diversity, and career readiness.

named programs · 5 · from sources

What they call their work

Doctor of Physical Therapy (DPT) Program
Offered through articulation agreements with Defiance College, providing "3+3" and "4+3" pathways for students to earn a DPT degree
Physician Assistant Program
New program housed in Daemen Hall, focused on training physician assistants through dedicated academic and clinical instruction
The INSight
Student-run online newspaper written by Daemen students for the campus community
Tradition Keeper Program
Engagement initiative encouraging students to complete 40 campus and community traditions; participants receive a medal at graduation
Volunteer Income Tax Assistance (VITA)
Daemen accounting students provide free tax preparation services to the community through the VITA program
activities · 11 groups

What they do

  • Biomedical Research and Innovation 1 activity
    • Advance research through academic initiatives and student engagement
      Conducts research via initiatives such as a think tank, a wound therapy program, and an Academic Festival that highlights student research and achievements.
  • Admissions and Enrollment Support Services 1 activity
    • Conduct admissions outreach and recruitment activities
      Offers on-campus and virtual admissions appointments, campus tours (in-person and online), and group visits for high schools and organizations to engage prospective first-year, transfer, and graduate students.
  • Free Tax Preparation Services 1 activity
    • Deliver community-based services through academic programs
      Offers free tax preparation services through the Volunteer Income Tax Assistance (VITA) program, delivered by accounting students.
  • Comprehensive Student Enrichment Programs 1 activity
    • Deliver diversity, recreation, and student life programming
      Provides diversity education and initiatives through the HOPE Center; offers recreational programs including intramural sports, fitness center access, and yoga classes; supports student media through The INSight, an online student newspaper.
  • Student Support and Academic Services 1 activity
    • Deliver student support and orientation programs
      Provides orientation programs for first-year, transfer, and family members to support academic success and personal development; offers Accessibility Services that provide accommodations in academic, testing, housing, and dining settings for students with disabilities.
  • School and School-Community Events 1 activity
    • Host student welcome and engagement events
      Hosts a block party event for incoming first-year students to foster community and campus connection.
  • Website Accessibility Implementation 1 activity
    • Improve digital accessibility and compliance
      Commits to WCAG 2.0 Level AA compliance for website and digital content; conducts regular audits, updates digital materials, and trains web and content teams in accessibility best practices.
  • Alumni Leadership and Career Support Programs 1 activity
    • Provide career development and community engagement services
      Offers career development services to students and alumni across all disciplines; operates the Tradition Keeper Program to encourage campus and community involvement, and runs community outreach through Centers and Initiatives.
  • Higher Education Degree Programs 1 activity
    • Provide higher education integrating liberal arts with professional preparation
      Offers private, independent higher education focused on integrating liberal arts with professional preparation to develop ethically-minded leaders, including a 36-credit general education program and 65 academic majors that prepare students for careers in fields such as health care, business, animation, education, and social work.
  • Alumni Community Building 1 activity
    • Support families and alumni engagement
      Operates a Parent & Family Engagement program to support families in contributing to student success; hosts annual Distinguished Alumni Awards during Homecoming Weekend to recognize graduate achievements and societal contributions.
  • Campus Construction and Renovation Projects 1 activity
    • Undertake campus infrastructure development
      Conducting a major construction project to convert Daemen Hall into the new facility for the physician assistant (PA) program.
financials · form 990 · fy2024
revenue
Total revenue$92.50M
Contributions & grants$9.14M10%
Program service revenue$78.93M85%
Investment income$2.58M3%
Other revenue$1.86M
expenses
Total expenses$91.58M
Program expenses92%
Admin / overhead7%
Fundraising1%
Salaries & benefits$35.88M
Grants paid out$29.69M
Largest expense lineCompensation
balance sheet
Total assets$86.71M
Cash$2.27M
Investments$28.19M
Liabilities$36.45M
Net assets$50.27M
Liquid reserves4.0 mo
5 years on record · 2020–2024 · YoY revenue -0.7%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 18
NameTitleHours/wkCompensation
Dr Gary A Olson President 40 $588K
Dr Michael Brogan Executive Vice President for Academic Affairs and Provost 40 $207K
Thomas Wojciechowski Executive Director of Web Communications 40 $191K
Gregory Ford Dean of the Scott Bieler College of Health Professions 40 $165K
Diane Bessel Matteson Associate Professor 40 $164K
Melaine Kenyon VP of Information Technology 40 $162K
Elizabeth Wright AVP OF Academic Relations 40 $161K
Mimi Steadman Vice President for Strategic Initiatives 40 $156K
Heather Maloney-Stassen Founding Dean & Vice Provost 40 $152K
Kerry Spicer Vice Pres. for Student Affairs & Dean of Students 40 $142K
Traci Murphy Vice President for Athletics 40 $142K
Mario Hicks VP of Institutional Advancement 40 $127K
Jacquelyn Dole AVP of Business Affairs & Controller 40 $119K
Tiffany Hamilton VP Institutional Equity & Belonging & HEOP Director 40 $115K
Robert Rood VP of Business Affairs 40 $93K
Michael Ross Trustee 40 $92K
Timothy Balkin Vice President of Business Affairs 40 $83K
Lisa A Arida AVP of Business Affairs & Cont. 40 $76K
board members · 7
  • Alan Gracie — Trustee
  • Alan Turner II — Trustee
  • Brian Higgins — Trustee
  • Byron Brown — Trustee
  • Candace Johnson — Trustee
  • Dorothy Ferguson — Trustee
  • Gail Y Mitchell — Trustee
relationships · 14

Who they work with

  • Albion Joint Fire District Partner — Local fire service in which a Daemen University administrator holds a leadership role, indicating community engagement.
  • Daemen University Network — Primary institution offering admissions and academic programs.
  • Defiance College Partner — Partnered to establish “3+3” and “4+3” education programs leading to the Doctor of Physical Therapy (DPT) degree at Daemen, with up to five students annually.
  • Digital Advertising Association Partner — Offers opt-out tools for collection and use of data for interest-based ads
  • European Digital Advertising Alliance Partner — Provides opt-out platform for online behavioral advertising
  • Fitch Ratings Government — Upgraded Daemen University’s Issuer Default Rating, reflecting confidence in its financial resilience.
  • Institutional Advancement Partner — Department responsible for fundraising and donor engagement at Daemen University.
  • Moody’s Government — One of three major credit rating agencies monitoring Daemen University's financial health.
  • Network Advertising Initiative Partner — Collaborates on opt-out mechanisms for interest-based advertising
  • Rochester Institute of Technology Partner — Previous employer of a newly appointed Daemen University administrator, indicating professional continuity and experience transfer.
  • Standard & Poor’s Government — One of three major credit rating agencies monitoring Daemen University's financial health.
  • Student Alumni Ambassador Network — Student-led group that promotes alumni engagement and connection at Daemen University
  • The INSight Partner — Student-run online newspaper operated by Daemen students as part of student life programming.
  • World Wide Web Consortium Partner — Follows accessibility guidelines established by the World Wide Web Consortium (W3C) for digital content.
strategies · 5

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Experiential Learning through Community Service
    methodology: experiential_learning
    By engaging students in student-led service programs, the university enhances professional and civic development, because hands-on community assistance deepens learning and connects academic knowledge to real-world impact.
  • Liberal Arts Foundation for Career Readiness
    methodology: liberal-arts foundation for career readiness
    By embedding critical thinking, information literacy, and communication skills into the general education curriculum, the university prepares students for academic and career success, because these foundational competencies enable adaptability and effective problem-solving across professions.
  • Liberal Arts Integrated with Professional Preparation
    methodology: liberal-arts-professional-integration
    By integrating liberal arts education with professional development, the university cultivates ethically-minded leaders capable of meaningful societal contributions, because this combination strengthens critical thinking, communication, and real-world application in a supportive, inclusive environment.
  • Lifelong Alumni Engagement as Role Models
    methodology: lifelong_alumni_engagement
    By maintaining lifelong connections with alumni, the university strengthens its community and supports current students, because graduates serve as inspirational role models and provide guidance, creating a self-reinforcing network of mentorship and engagement.
  • Mutual-Benefit Community Engagement
    methodology: mutual-benefit community engagement
    By operating community-engaged Centers and Initiatives, the university simultaneously addresses community needs and advances student development, because reciprocal partnerships create shared value and deepen learning through service.