Erie, PA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)GANNON UNIVERSITY, founded in 1925, is a major nonprofit in the Education sector that reported $166.0M in total revenue in fiscal year 2022. Expenses of $160.6M left a modest 3% surplus.
Gannon University is an institution of post-secondary education with campuses in Erie, PA and Ruskin, FL, offering over 100 academic programs, including online and traditional Associate, Bachelor's, Master's, and Doctoral degrees to a Fall 2022 student enrollment of 4,665.
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 | $165,989,696 | $166,429,638 | 0.0% |
| Expenses | $160,562,591 | $158,647,397 | +0.0% |
| Net Income | $5,427,105 | $7,782,241 | -0.3% |
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 |
|---|---|---|---|---|---|---|
| Keith Taylor | President | 40 |
Officer
Director
|
$506,690 | $51,733 | $558,423 |
| Walter Iwanenko | Provost | 40 |
Officer
|
$231,689 | $64,961 | $296,650 |
| William Edmondson | VP Enrollment | 40 |
Officer
|
$204,746 | $39,800 | $244,546 |
| Barbara Beuscher | VP University Advancement | 40 |
Officer
|
$196,183 | $44,420 | $240,603 |
| Mark Jordano | Chief Information Officer | 40 |
Officer
|
$161,940 | $49,784 | $211,724 |
| Karinna Vernaza | Dean-College of Eng and Business | 40 |
Highest
|
$172,004 | $37,905 | $209,909 |
| Richard Johnson | Professor, DR of Physical Therapy | 40 |
Highest
|
$195,591 | $11,909 | $207,500 |
| Sarah Ewing | Dean-College of Health Sciences and Sciences | 40 |
Highest
|
$169,824 | $31,817 | $201,641 |
| Jennifer Lundy | VP for Finance & Campus Operations | 40 |
Officer
|
$180,231 | $17,808 | $198,039 |
| Kristine Legters | Associate Dean, School of Rehabilitative Services | 40 |
Highest
|
$155,228 | $37,905 | $193,133 |
| Valerie Bacik | Chief Institutional Planning | 40 |
Officer
|
$155,575 | $27,677 | $183,252 |
| Douglas Oathout | Chief of Staff & Director of Marketing and Communications | 40 |
Highest
|
$149,398 | $32,031 | $181,429 |
| Andrew Caswell | Board Member/President Faculty Senate | 40 |
Director
|
$82,768 | $13,699 | $96,467 |
| Steve Mauro | VP Academic Administration to 5/6/2022 | 40 |
|
$65,940 | $10,946 | $76,886 |
| Robert P Barker | Board Member | 2 |
Director
|
$0 | $0 | $0 |
| Candace D Battles | Board Member | 2 |
Director
|
$0 | $0 | $0 |
| Richard E Beattie | Board Member | 2 |
Director
|
$0 | $0 | $0 |
| Gerald Blanks | Board Member | 2 |
Director
|
$0 | $0 | $0 |
| Walter W Cooper | Board Member | 2 |
Director
|
$0 | $0 | $0 |
| Tina M Donikowski | Board Member | 2 |
Director
|
$0 | $0 | $0 |
| Rebecca Erwin-Cohen | Board Member/National Alumni Board President | 2 |
Director
|
$0 | $0 | $0 |
| Dana M Fallon | Board Member | 2 |
Director
|
$0 | $0 | $0 |
| Very Rev Michael Ferrick | Board Member | 2 |
Director
|
$0 | $0 | $0 |
| James Fiorenzo | Board Member | 2 |
Director
|
$0 | $0 | $0 |
| Gwendolyn M Garbarino | Secretary | 2 |
Officer
Director
|
$0 | $0 | $0 |
| James Grunke | Board Member | 2 |
Director
|
$0 | $0 | $0 |
| Timothy J Hilty | Board Member | 2 |
Director
|
$0 | $0 | $0 |
| Rev Scott W Jabo | Board Member | 2 |
Director
|
$0 | $0 | $0 |
| Stacy M Juchno | Board Member | 2 |
Director
|
$0 | $0 | $0 |
| Scott M Krall | Board Member | 2 |
Director
|
$0 | $0 | $0 |
| Msgr Edward M Lohse | Board Member | 2 |
Director
|
$0 | $0 | $0 |
| Pierre McCormick | Board Member | 2 |
Director
|
$0 | $0 | $0 |
| Mark J Minnaugh | Vice Chairperson | 2 |
Officer
Director
|
$0 | $0 | $0 |
| Elisabeth Monsalve | Board Member | 2 |
Director
|
$0 | $0 | $0 |
| Richard G Orlando | Board Member | 2 |
Director
|
$0 | $0 | $0 |
| Most Rev Lawrence T Persico | Chairperson | 2 |
Officer
Director
|
$0 | $0 | $0 |
| Joseph Pfeger | Board Member/Student Government President | 2 |
Director
|
$0 | $0 | $0 |
| Kiran K Rajasenan | Board Member | 2 |
Director
|
$0 | $0 | $0 |
| Rev Nicholas J Rouch | Board Member | 2 |
Director
|
$0 | $0 | $0 |
| James J Rutkowski | Board Member | 2 |
Director
|
$0 | $0 | $0 |
| Antoinette Spevetz | Board Member | 2 |
Director
|
$0 | $0 | $0 |
| Monica Trott | Board Member | 2 |
Director
|
$0 | $0 | $0 |
| Laura Vaccaro | Board Member | 2 |
Director
|
$0 | $0 | $0 |
| Margaret A VanderLaan | Board Member | 2 |
Director
|
$0 | $0 | $0 |
| Howard Ward | Board Member | 2 |
Director
|
$0 | $0 | $0 |
| Mark Zagorski | Board Member | 2 |
Director
|
$0 | $0 | $0 |
| 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 | $165,989,696 | $160,562,591 | $317,003,426 | $5,427,105 |
| 2022 | $166,429,638 | $158,647,397 | $314,341,628 | $7,782,241 |
| 2021 | $161,118,508 | $148,819,018 | $319,311,076 | $12,299,490 |
| 2020 | $153,206,818 | $145,207,820 | $276,609,681 | $7,998,998 |
| 2019 | $144,482,123 | $136,312,929 | $272,934,477 | $8,169,194 |
| 2018 | $135,037,671 | $130,130,138 | $263,669,903 | $4,907,533 |
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