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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.