Walsh University Inc

EIN: 340868798 501(c)(3) Education

NORTH CANTON, OH

Total Revenue
$83,120,308
Total Expenses
$79,346,570
Total Assets
$128,134,508
Net Assets
$116,016,613
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Financial Trends

Organization Details

Formation Year
1958
Legal Domicile
OH
Phone
3304997090
Tax Period
2024-07-01 to 2025-06-30

Walsh University Inc, founded in 1958, is a mid-sized nonprofit in the Education sector that reported $83.1M in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $79.3M left a modest 5% surplus.

Mission

WALSH UNIVERSITY IS AN INDEPENDENT, COEDUCATIONAL CATHOLIC, LIBERAL ARTS AND SCIENCES INSTITUTION DEDICATED TO EDUCATING ITS STUDENTS TO BECOME LEADERS IN SERVICE TO OTHERS THROUGH A VALUES-BASED EDUCATION WITH AN INTERNATIONAL PERSPECTIVE IN THE JUDEO-CHRISTIAN TRADITION.

Program Service Accomplishments

Program 1
Expenses: $72,230,882 Revenue: $71,072,023

The University provides approximately 2,300 students from 42 states and 35 countries a higher education that fosters critical thinking, effective communication, spiritual growth, and personal...

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The University provides approximately 2,300 students from 42 states and 35 countries a higher education that fosters critical thinking, effective communication, spiritual growth, and personal, professional and cultural development. The University offers the following degrees: Associate of Arts; Associate of Science in Computer Science; Bachelor of Arts; Bachelor of Science; Bachelor of Science in Education; Bachelor of Science in Nursing; Master of Arts in Education; Master of Business Administration (MBA); Master of Arts in Counseling and Human Development; Master of Arts in Theology; Master of Dyslexia Therapy, Master of Science in Exercise Physiology, Master of Science in Nursing; Master of Occupational Therapy; Doctor of Nursing Practice; and Doctor of Physical Therapy. Walsh University is accredited by the following organizations: North Central Association/Higher Learning Commission; National League for Nursing Accrediting Commission; The Commission on Accreditation in Physical Therapy Education; Council for Accreditation of Counseling and Related Educational Programs; Ohio Department of Education; Ohio Board of Counseling & Social Work; Accreditation Council for Business Schools and Programs; and the American Physical Therapy Association. Walsh University's library houses 68,933 volumes, 20 current print journal subscriptions, 3,679 audio visual titles on physical media, 48,979 streaming educational videos, and 192 electronic databases. The University also has access to 547,519 electronic books, and 119,846 electronic serials. The Walsh library is a member of OCLC, OhioLINK, OHIONET and OPAL (Ohio Private Academic Libraries) and all library resources are searchable through the library's online catalog and discovery service. The Student Affairs team is committed to the holistic development of students, firmly believing that all students have the potential to become valuable assets to our world community. Members of the Student Affairs team embody the Christian values espoused in the University mission statement, exemplified by our care and concern for students, relationships, and the community. Walsh University provides over 800 students with housing and dining services. Several of the ten residence halls are newly renovated and offer apartment-style and suite-style living. Dining service facilities include the Schervish Dining Hall, the Betzler Grille, the Cavalier Cafe and the Sword Stop offering various meal plan selections and dining innovations. Walsh University's athletic program offers 28 different men's and women's athletic teams and continues to enjoy a winning tradition. Walsh University Athletics was granted full membership into the NCAA Division II at the beginning of the 2013-2014 academic year. As full members of the Great Midwest Athletic Conference (G-MAC) 20 of our NCAA sports compete for G-MAC Conference Championships. We have continued our winning traditions in the GMAC. During fiscal year 2025, the University added Men and Women's Rugby programs. Additionally, Walsh offers club sports including Sprint football and men's bowling. During fiscal year 2025, the University replaced several roofs across campus. The University installed goalposts and a scoreboard for the newly added rugby programs. Walsh University has been consistently recognized for its excellence in academic and student-focused programming by renowned organizations such as The Newman Guide to Choosing a Catholic College, National Colleges of Distinction, U.S. News & World Report as a Top Regional University in the Midwest and by Victory Media as a Military Friendly School, ranking in the top 4 for private schools offering a doctorate. The university was also awarded the Collegiate Purple Star awards for our efforts supporting veteran students. All of Walsh's accolades can be found on the University's website.

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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 $4,025,873
Program Service Revenue $71,072,023
Investment Income $7,059,516
Other Revenue $962,896
TOTAL REVENUE $83,120,308

Expense Breakdown

Grants Paid $31,703,178
Salaries & Benefits $25,937,363
Fundraising Expenses $1,122,517
Program Expenses $72,230,882
Other Expenses $21,696,929
TOTAL EXPENSES $79,346,570

Year-over-Year Comparison

2024 2023 Change
Revenue $83,120,308 $69,667,096 +0.2%
Expenses $79,346,570 $74,226,305 +0.1%
Net Income $3,773,738 $-4,559,209 -1.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
24
Independent Members
23
Employees
1054
Volunteers
310

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
5
$749,337
Total Directors
24
$437,562
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BARBARA YINGLING VICE CHAIR 2.0
Officer Director
$0 $0 $0
CAROL MILLER CHAIR 2.0
Officer Director
$0 $0 $0
DR TIMOTHY COLLINS PRESIDENT 40.0
Officer Director
$386,248 $51,314 $437,562
ANTHONY ORAHOSKE DIRECTOR 2.0
Director
$0 $0 $0
ATWELL WILLIAMS DIRECTOR 2.0
Director
$0 $0 $0
BENJAMIN BIERY DIRECTOR 2.0
Director
$0 $0 $0
BRO WALTER ZWIERCHOWSKI DIRECTOR 2.0
Director
$0 $0 $0
BRUCE ALTIERI DIRECTOR 2.0
Director
$0 $0 $0
CARL YOUNG DIRECTOR 2.0
Director
$0 $0 $0
CHRISTOPHER REMARK DIRECTOR 2.0
Director
$0 $0 $0
DAVID MCCAULEY DIRECTOR 2.0
Director
$0 $0 $0
DR RICHARD REICHERT DIRECTOR 2.0
Director
$0 $0 $0
ED ROBINSON DIRECTOR 2.0
Director
$0 $0 $0
ISABELLE BIBET-KALINYAK DIRECTOR 2.0
Director
$0 $0 $0
JACQUELINE MUSACCHIA DIRECTOR 2.0
Director
$0 $0 $0
JOHN NICHOLS DIRECTOR 2.0
Director
$0 $0 $0
KEVIN KELLY DIRECTOR 2.0
Director
$0 $0 $0
MARLENE TOOT DIRECTOR 2.0
Director
$0 $0 $0
MICHAEL KLOIBER DIRECTOR 2.0
Director
$0 $0 $0
PHILIP FRACASSA DIRECTOR 2.0
Director
$0 $0 $0
REV DAVID J BONNAR DIRECTOR 2.0
Director
$0 $0 $0
REV ROBERT J SIFFRIN DIRECTOR 2.0
Director
$0 $0 $0
REV SCOTT KOPP DIRECTOR 2.0
Director
$0 $0 $0
TERESA BRATELY DIRECTOR 2.0
Director
$0 $0 $0
DR RACHEL HOSLER SECRETARY/VP OF STUDENT AFFAIRS 40.0
Officer
$105,875 $23,497 $129,372
LAUREL LUSK TREASURER/ VP FOR FINANCE 40.0
Officer
$160,060 $22,343 $182,403
DR ERIC CONSTANT VP FOR PHILANTHROPY 40.0
Highest
$154,796 $36,674 $191,470
DR MARC FUSARO DEAN - DEVILLE SCHOOL OF BUSINESS 40.0
Highest
$157,345 $54,097 $211,442
DR MICHAEL DUNPHY VP FOR ACADEMIC AFFAIRS 40.0
Highest
$155,932 $28,999 $184,931
JAMI SWAIN VP FOR HUMAN RESOURCES 40.0
Highest
$113,316 $44,553 $157,869
TERESA FOX VP FOR MARKETING 40.0
Highest
$111,223 $54,936 $166,159
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 $83,120,308 $79,346,570 $128,134,508 $3,773,738
2024 $69,667,096 $74,226,305 $125,408,213 $-4,559,209
2023 $77,831,740 $74,312,173 $128,765,298 $3,519,567
2022 $81,110,683 $77,663,952 $125,540,692 $3,446,731
2021 $88,203,359 $76,077,040 $130,905,475 $12,126,319
2020 $81,583,016 $78,345,094 $117,531,247 $3,237,922
2019 $82,377,410 $81,447,703 $115,538,855 $929,707
2018 $81,531,539 $79,103,210 $116,264,310 $2,428,329
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