WESTERN NEW ENGLAND UNIVERSITY

EIN: 042108376 501(c)(3) Education

SPRINGFIELD, MA

Total Revenue
$193,990,763
Total Expenses
$203,130,409
Total Assets
$250,547,009
Net Assets
$138,275,506
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Financial Trends

Organization Details

Formation Year
1951
Legal Domicile
MA
Principal Officer
ROBERT JOHNSON
Phone
4137821234
Tax Period
2024-07-01 to 2025-06-30

WESTERN NEW ENGLAND UNIVERSITY, founded in 1951, is a major nonprofit in the Education sector that reported $194.0M in total revenue in fiscal year 2024.

Mission

WESTERN NEW ENGLAND UNIVERSITY, A COMPREHENSIVE PRIVATE INSTITUTION WITH A TRADITION OF EXCELLENCE IN TEACHING AND SCHOLARSHIP AND A COMMITMENT TO SERVICE, AWARDS UNDERGRADUATE, MASTER'S, AND DOCTORAL DEGREES IN VARIOUS DEPARTMENTS FROM AMONG OUR COLLEGES OF ARTS AND SCIENCES, BUSINESS, ENGINEERING, PHARMACY AND HEALTH SCIENCES, AND SCHOOL OF LAW. ONE OF ONLY A FEW U.S. COMPREHENSIVE INSTITUTIONS ENROLLING UNDER 5,000 STUDENTS RECOGNIZED WITH NATIONAL AND INTERNATIONAL ACCREDITATIONS AT THE HIGHEST LEVELS IN LAW, BUSINESS, AND ENGINEERING, WE SERVE STUDENTS PREDOMINANTLY FROM THE NORTHEASTERN U.S., BUT ENROLL STUDENTS FROM ACROSS THE COUNTRY AND AROUND THE WORLD. THE VAST MAJORITY OF UNDERGRADUATE STUDENTS RESIDE ON CAMPUS. OUR 215-ACRE CAMPUS IN SPRINGFIELD, MASSACHUSETTS, IS REMARKABLE FOR ITS BEAUTY, SECURITY, AND METICULOUS UPKEEP. OUR MISSION: THE HALLMARK OF THE WESTERN NEW ENGLAND UNIVERSITY EXPERIENCE IS AN UNWAVERING FOCUS ON AND ATTENTION TO EACH STUDENT'S ACADEMIC AND PERSONAL DEVELOPMENT, INCLUDING LEARNING OUTSIDE THE CLASSROOM. FACULTY, DEDICATED TO EXCELLENCE IN TEACHING AND RESEARCH, AND OFTEN NATIONALLY RECOGNIZED IN THEIR FIELDS, TEACH IN AN ENVIRONMENT OF WARMTH AND PERSONAL CONCERN WHERE SMALL CLASSES PREDOMINATE. ADMINISTRATIVE AND SUPPORT STAFF WORK COLLABORATIVELY WITH FACULTY IN ATTENDING TO STUDENT DEVELOPMENT SO THAT EACH STUDENT'S ACADEMIC AND PERSONAL POTENTIAL CAN BE REALIZED AND APPRECIATED. WESTERN NEW ENGLAND UNIVERSITY DEVELOPS LEADERS AND PROBLEM-SOLVERS FROM AMONG OUR STUDENTS, WHETHER IN ACADEMICS, INTERCOLLEGIATE ATHLETICS, EXTRACURRICULAR AND COCURRICULAR PROGRAMS, COLLABORATIVE RESEARCH PROJECTS WITH FACULTY, OR IN PARTNERSHIP WITH THE LOCAL COMMUNITY. AT WESTERN NEW ENGLAND UNIVERSITY, EXCELLENCE IN STUDENT LEARNING GOES HAND IN HAND WITH THE DEVELOPMENT OF PERSONAL VALUES SUCH AS INTEGRITY, ACCOUNTABILITY, AND CITIZENSHIP. STUDENTS ACQUIRE THE TOOLS TO SUPPORT LIFELONG LEARNING AND THE SKILLS TO SUCCEED IN THE GLOBAL WORKFORCE. EQUALLY IMPORTANT, ALL MEMBERS OF OUR COMMUNITY ARE COMMITTED TO GUIDING STUDENTS IN THEIR DEVELOPMENT TO BECOME INFORMED AND RESPONSIBLE LEADERS IN THEIR LOCAL AND GLOBAL COMMUNITIES BY PROMOTING A CAMPUS CULTURE OF RESPECT, TOLERANCE, ENVIRONMENTAL AWARENESS, AND SOCIAL RESPONSIBILITY. WE ARE WELL POSITIONED TO ACCOMPLISH THESE GOALS AS A TRULY COMPREHENSIVE INSTITUTION WHOSE FACULTY AND STAFF HAVE HISTORICALLY COLLABORATED IN OFFERING AN INTEGRATED PROGRAM OF LIBERAL AND PROFESSIONAL LEARNING IN THE DIVERSE FIELDS OF ARTS AND SCIENCES, BUSINESS, ENGINEERING, LAW AND PHARMACY. OUR CORE VALUES: EXCELLENCE IN TEACHING, RESEARCH, AND SCHOLARSHIP: UNDERSTANDING THAT OUR PRIMARY PURPOSE IS TO PROVIDE AN OUTSTANDING EDUCATION SUPPORTED BY FACULTY WITH THE HIGHEST ACADEMIC CREDENTIALS, AND WITH NATIONAL PROMINENCE IN THEIR FIELDS. STUDENT-CENTERED LEARNING: PROVIDING AN INDIVIDUALIZED APPROACH TO EDUCATION WHICH INCLUDES A PROFOUND COMMITMENT TO SMALL CLASS SIZES, PERSONALIZED STUDENT-FACULTY RELATIONSHIPS, AND STUDENT ENGAGEMENT AND PERSONAL GROWTH BOTH WITHIN AND BEYOND THE CLASSROOM. A SENSE OF COMMUNITY: TREATING EVERY INDIVIDUAL AS A VALUED MEMBER OF OUR COMMUNITY WITH A SHARED SENSE OF PURPOSE AND OWNERSHIP MADE POSSIBLE BY MUTUAL RESPECT AND SHARED GOVERNANCE. INNOVATIVE INTEGRATED LIBERAL AND PROFESSIONAL EDUCATION: CONSTITUTING THE FOUNDATION OF OUR UNDERGRADUATE AND GRADUATE CURRICULUM, PROVIDING GLOBAL EDUCATION, LEADERSHIP OPPORTUNITIES, AND CAREER PREPARATION. COMMITMENT TO ACADEMIC, PROFESSIONAL, AND COMMUNITY SERVICE: PROMOTING OPPORTUNITIES FOR ALL CAMPUS COMMUNITY MEMBERS TO PROVIDE RESPONSIBLE SERVICE OF THE HIGHEST QUALITY TO OTHERS. STEWARDSHIP OF OUR CAMPUS: CARING FOR THE SUSTAINABILITY AND AESTHETICS OF THE ENVIRONMENT BOTH WITHIN AND BEYOND THE CAMPUS. AFTER CELEBRATING ITS CENTENNIAL IN 2019, WESTERN NEW ENGLAND UNIVERSITY LOOKS FORWARD TO A NEW CENTURY, NEW DECADE, AND NEW OPPORTUNITIES TO EVOLVE. OUR FOCUS WILL REMAIN ON EDUCATING THE WHOLE STUDENT, BUT IN A TWENTY-FIRST CENTURY CONTEXT HIGHLIGHTING THE DEMANDS OF SOCIETY, THE ACCELERATING PACE OF TECHNOLOGY, AND THE NECESSITY OF ATTENTION TO ENVIRONMENTAL SUSTAINABILITY. WE MUST CONTINUE TO DEVELOP AS A COMPREHENSIVE INSTITUTION OFFERING AN INTEGRATED PROGRAM OF LIBERAL AND PROFESSIONAL UNDERGRADUATE AND GRADUATE EDUCATION WHILE ESTABLISHING OURSELVES IN A POSITION OF NATIONAL LEADERSHIP.

Program Service Accomplishments

Program 1
Expenses: $138,142,525 Revenue: $125,490,769

UNDERGRADUATE - THE UNIVERSITY PROVIDES ACADEMIC, RESIDENTIAL AND OTHER SERVICES TO A DIVERSE STUDENT POPULATION PREDOMINANTLY DRAWN FROM THE NORTHEAST REGION OF THE UNITED STATES AND MANY COUNTRIES...

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UNDERGRADUATE - THE UNIVERSITY PROVIDES ACADEMIC, RESIDENTIAL AND OTHER SERVICES TO A DIVERSE STUDENT POPULATION PREDOMINANTLY DRAWN FROM THE NORTHEAST REGION OF THE UNITED STATES AND MANY COUNTRIES WORLDWIDE.

Program 2
Expenses: $23,186,329 Revenue: $33,939,435

GRADUATE AND PROFESSIONAL - THE UNIVERSITY OFFERS A WIDE RANGE OF GRADUATE PROGRAMS AND FIRST PROFESSIONAL OPPORTUNITIES IN ARTS AND SCIENCES, BUSINESS, ENGINEERING, LAW , PHARMACY AND HEALTH...

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GRADUATE AND PROFESSIONAL - THE UNIVERSITY OFFERS A WIDE RANGE OF GRADUATE PROGRAMS AND FIRST PROFESSIONAL OPPORTUNITIES IN ARTS AND SCIENCES, BUSINESS, ENGINEERING, LAW , PHARMACY AND HEALTH SCIENCES, WHICH INCLUDES A DOCTOR OF OCCUPATIONAL THERAPY PROGRAM.

Program 3
Expenses: $19,499,408 Revenue: $23,795,862

AUXILIARY - THE UNIVERSITY OFFERS RESIDENTIAL OPPORTUNITIES TO UNDERGRADUATE AND PROFESSIONAL STUDENTS FROM TRADITIONAL DORMITORY SETTINGS TO APARTMENTS AND SUITES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,874,323
Program Service Revenue $182,225,635
Investment Income $6,058,231
Other Revenue $1,832,574
TOTAL REVENUE $193,990,763

Expense Breakdown

Grants Paid $82,685,981
Salaries & Benefits $75,467,577
Fundraising Expenses $1,637,244
Program Expenses $180,828,262
Other Expenses $44,976,851
TOTAL EXPENSES $203,130,409

Year-over-Year Comparison

2024 2023 Change
Revenue $193,990,763 $181,681,554 +0.1%
Expenses $203,130,409 $188,395,525 +0.1%
Net Income $-9,139,646 $-6,713,971 +0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
24
Independent Members
23
Employees
2057
Volunteers
1079

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$1,311,455
Total Directors
27
$783,852
Key Employees
1
$383,830
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR ROBERT E JOHNSON PRESIDENT 40.00
Officer Director
$710,290 $73,562 $783,852
LYNN W AGATA TRUSTEE 1.00
Director
$0 $0 $0
CARMEL A CARMAGNA TRUSTEE 1.00
Director
$0 $0 $0
RICHARD M CASSATA TRUSTEE 1.00
Director
$0 $0 $0
ALEXANDER M CORL TRUSTEE 1.00
Director
$0 $0 $0
KEVIN S DELBRIDGE TRUSTEE 1.00
Director
$0 $0 $0
DIANNE FULLER DOHERTY TRUSTEE 1.00
Director
$0 $0 $0
MICHAEL J FLYNN TRUSTEE 1.00
Director
$0 $0 $0
DENIS G GAGNON TRUSTEE 1.00
Director
$0 $0 $0
MICHAEL T GAINES TRUSTEE (UNTIL 1/1/25) 1.00
Director
$0 $0 $0
ELENA M GERVINO VICE CHAIRMAN 1.00
Officer Director
$0 $0 $0
CHRISTOPHER A KIELB TRUSTEE 1.00
Director
$0 $0 $0
STEVEN P KITROSSER TRUSTEE 1.00
Director
$0 $0 $0
STANLEY KOWALSKI III TRUSTEE 1.00
Director
$0 $0 $0
NICHOLAS LAPIER CHAIRMAN (UNTIL 6/19/25) 1.00
Officer Director
$0 $0 $0
AMY B LEWIS TRUSTEE 1.00
Director
$0 $0 $0
CHRISTOPHER MATHIEU TRUSTEE 1.00
Director
$0 $0 $0
RAYMOND P MCCARTHY TRUSTEE (UNTIL 4/28/25) 1.00
Director
$0 $0 $0
KENNETH M RICKSON TRUSTEE 1.00
Director
$0 $0 $0
JODIE G ROURE TRUSTEE 1.00
Director
$0 $0 $0
DEBORAH K SAREMI TRUSTEE 1.00
Director
$0 $0 $0
PETER C STEINGRABER TRUSTEE 1.00
Director
$0 $0 $0
GARY F THOMAS TREASURER 1.00
Director
$0 $0 $0
STEVEN J TREMBLAY TRUSTEE 1.00
Director
$0 $0 $0
KATHLEEN A WHITE TRUSTEE 1.00
Director
$0 $0 $0
JANET BULLARD TRUSTEE 1.00
Director
$0 $0 $0
ASHLEY RANDLE TRUSTEE 1.00
Director
$0 $0 $0
BASIL A STEWART VP FOR FINANCE AND ADMINISTRATION 40.00
Officer
$493,610 $33,993 $527,603
DR ASAKO M TOYODA SENIOR VP FOR ACADEMIC AFFAIRS 40.00
Key Emp
$342,307 $41,523 $383,830
DR ZELDA HARRIS DEAN, SCHOOL OF LAW 40.00
Highest
$283,711 $41,857 $325,568
DEAN HICKEY VICE PRESIDENT FOR ADVANCEMENT 40.00
Highest
$277,531 $37,535 $315,066
DR SHARIANNE WALKER DEAN, COLLEGE OF BUSINESS 40.00
Highest
$247,937 $23,912 $271,849
DR S HOSSEIN CHERAGHI DEAN, COLLEGE OF ENGINEERING 40.00
Highest
$245,481 $36,104 $281,585
DR LINDA E JONES PROFESSOR OF MATERIALS SCI AND ENG 40.00
Highest
$242,805 $25,721 $268,526
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $193,990,763 $203,130,409 $250,547,009 $-9,139,646
2024 No data No data No data No data
2023 $169,825,648 $171,778,860 $259,519,169 $-1,953,212
2022 $173,338,246 $170,130,203 $259,613,944 $3,208,043
2021 $163,190,800 $160,820,454 $275,995,045 $2,370,346
2020 $161,359,898 $160,251,604 $250,629,088 $1,108,294
2019 $159,955,092 $156,551,417 $252,693,333 $3,403,675
2018 $159,013,297 $157,802,560 $250,964,674 $1,210,737
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