Bangor, ME
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Husson University, founded in 1898, is a mid-sized nonprofit in the Education sector that reported $82.0M in total revenue in fiscal year 2022. Revenue decreased 5% compared to the prior year.
Husson University inspires and prepares students for professional careers in current and emerging fields within the context of an education informed by the sciences and humanities.
For more than 125 years, Husson University has prepared future leaders to address the challenges of tomorrow through innovative undergraduate and graduate degrees.With a commitment to delivering...
For more than 125 years, Husson University has prepared future leaders to address the challenges of tomorrow through innovative undergraduate and graduate degrees.With a commitment to delivering affordable classroom, online and experiential learning opportunities, Husson University has come to represent superior value in higher education. Our Bangor campus provides advanced knowledge in business, health, pharmacy, science and humanities, as well as communication. In addition, Husson University has a robust online learning program.Continued on Schedule O According to a recent analysis of tuition and fees by U.S. News & World Report, Husson University is one of the most affordable private colleges in New England. Education at Husson University produces results. According to the most recent survey data, 96 percent of Husson University graduates are employed or enrolled in graduate school within one year of completing their degrees.Husson University is regionally accredited by the New England Council of Higher Education (NECHE). Regional accreditation applies to all programs. The University is also accredited by the International Accreditation Council for Business Education (IACBE), the Commission on Collegiate Nursing Education (CCNE), the Accreditation Council for Occupational Therapy (ACOTE), the Commission on Accreditation in Physical Therapy Education (CAPTE), the Accreditation Council for Pharmacy Education (ACPE), and the Council for Accreditation of Counseling and Related Educational Program (CACREP), with approval by the Maine Department of Education and National Board for Certified Counselors for its Teacher Education and School Counseling programs respectively.
Auxiliary ServicesThe Auxiliary Services department provides a variety of support services designed to enhance the Husson educational and student experience for the University. Serving a diverse set...
Auxiliary ServicesThe Auxiliary Services department provides a variety of support services designed to enhance the Husson educational and student experience for the University. Serving a diverse set of stakeholders, Auxiliary services works to ensuring the continued success of the University in a fiscally responsible manner while reducing risk for the institution.Continued on Schedule OServices provided by this department include dining, maintenance, custodial, environmental health, safety, security, grounds keeping, the bookstore, and capital facility project management.Dining services seeks to provide a variety of wholesome, nutritious foods that meet the diverse needs of the Husson University community.Husson offers a variety of housing options for over 1,000 students which includes Hart Hall, Carlisle Hall, Bell Hall, the Darling Learning Center, and the Townhouses. The Living Learning Center can house up to 240 students. Each suite in the Darling Learning Center features suite-style living for four students. Three townhouse buildings have room for 72 students. Each townhouse has six two-story fully furnished apartments. The campus also includes the Dyke Center for Family Business, Gracie Theatre, Newman Gymnasium, Swan Center, Wellness Learning Center, the Webber Pool, as well as numerous athletic fields.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $81,957,246 | $86,528,834 | -0.1% |
| Expenses | $80,527,066 | $81,846,145 | 0.0% |
| Net Income | $1,430,180 | $4,682,689 | -0.7% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Daniel R Hutchins | Chair | 8.00 |
Officer
Director
|
$0 | $0 | $0 |
| Philip E Harriman | Vice Chair | 8.00 |
Officer
Director
|
$0 | $0 | $0 |
| Albert W Allen | Trustee | 4.00 |
Director
|
$0 | $0 | $0 |
| Earl C Black | Trustee | 4.00 |
Director
|
$0 | $0 | $0 |
| John P Boucher | Trustee | 4.00 |
Director
|
$0 | $0 | $0 |
| Brock R Bradford | Trustee | 4.00 |
Director
|
$0 | $0 | $0 |
| Susan A Carlisle | Trustee | 4.00 |
Director
|
$0 | $0 | $0 |
| Daniel B Coffey | Trustee | 4.00 |
Director
|
$0 | $0 | $0 |
| Edward O Darling | Trustee | 4.00 |
Director
|
$0 | $0 | $0 |
| Kris A Doody | Trustee | 4.00 |
Director
|
$0 | $0 | $0 |
| Jaclyn Fish | Trustee | 4.00 |
Director
|
$0 | $0 | $0 |
| Arthur D Fuller | Trustee | 4.00 |
Director
|
$0 | $0 | $0 |
| Ross Y Furman | Trustee | 4.00 |
Director
|
$0 | $0 | $0 |
| Kenneth A Hews | Trustee | 4.00 |
Director
|
$0 | $0 | $0 |
| Deborah Carey Johnson | Trustee | 4.00 |
Director
|
$0 | $0 | $0 |
| Bradley Libby | Trustee | 4.00 |
Director
|
$0 | $0 | $0 |
| Mary Prybylo | Trustee | 4.00 |
Director
|
$0 | $0 | $0 |
| John M Rohman | Trustee | 4.00 |
Director
|
$0 | $0 | $0 |
| Robert J Ronan | Trustee | 4.00 |
Director
|
$0 | $0 | $0 |
| W Tom Sawyer Jr | Trustee | 4.00 |
Director
|
$0 | $0 | $0 |
| Dr Irving Schneider | Trustee | 4.00 |
Director
|
$0 | $0 | $0 |
| Will Taylor | Trustee | 4.00 |
Director
|
$0 | $0 | $0 |
| Kelli L Theriault Hutchins | Trustee | 4.00 |
Director
|
$0 | $0 | $0 |
| Richard C Trott Jr | Trustee | 4.00 |
Director
|
$0 | $0 | $0 |
| Randy L Wadleigh | Trustee | 4.00 |
Director
|
$0 | $0 | $0 |
| Ryan Wheelock | Student Trustee | 4.00 |
Director
|
$0 | $0 | $0 |
| Cassandra White | Trustee | 4.00 |
Director
|
$0 | $0 | $0 |
| Tracey L Whitten | Trustee | 4.00 |
Director
|
$0 | $0 | $0 |
| Michael E Williamson | Trustee | 4.00 |
Director
|
$0 | $0 | $0 |
| Michael Kamorski EdD | Faculty Trustee | 40.00 |
Director
|
$76,995 | $4,001 | $80,996 |
| Joseph H Cyr | Past Trustee | 4.00 |
Director
|
$0 | $0 | $0 |
| Dr Ruth B Purtilo | Past Trustee | 4.00 |
Director
|
$0 | $0 | $0 |
| Betsy M Webb | Past Trustee | 4.00 |
Director
|
$0 | $0 | $0 |
| R Thomas Welch | VP Finance & Admin/Treasurer | 40.00 |
Officer
|
$143,445 | $21,313 | $164,758 |
| Dr Robert A Clark | President | 40.00 |
Officer
|
$351,424 | $55,487 | $406,911 |
| Lynne Coy-Ogan | Provost | 40.00 |
Key Emp
|
$210,901 | $12,585 | $223,486 |
| James Nash | Dean of Health & Pharmacy | 40.00 |
Highest
|
$216,141 | $5,066 | $221,207 |
| Philip Taylor | Dean of Science & Humanities | 40.00 |
Highest
|
$188,798 | $17,096 | $205,894 |
| William J Lindblad | Professor of Pharmocology | 40.00 |
Highest
|
$151,665 | $18,831 | $170,496 |
| Sarah C Robinson | VP of Advancement | 40.00 |
Highest
|
$160,365 | $25,922 | $186,287 |
| Marie E Hankinson | Dean College of Business & NESCOM | 40.00 |
Highest
|
$175,982 | $18,615 | $194,597 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | No data | No data | No data | No data |
| 2023 | $81,957,246 | $80,527,066 | $149,562,202 | $1,430,180 |
| 2022 | $86,528,834 | $81,846,145 | $150,282,751 | $4,682,689 |
| 2021 | $80,358,299 | $73,598,070 | $155,415,813 | $6,760,229 |
| 2020 | $81,813,768 | $72,622,401 | $142,213,765 | $9,191,367 |
| 2019 | $73,564,487 | $71,669,096 | $128,036,499 | $1,895,391 |
| 2018 | $70,889,649 | $67,465,770 | $124,918,770 | $3,423,879 |
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