Gannon University
84% goes to programs $13 to raise $100 Strong reserves
Gannon University is a 501(c)(3) organization based in Erie, Pennsylvania, registered in 1987, with $165,828,216 in FY2023 revenue. CharityIndex grades it A, and it directs about 84% of spending to programs.
109 University Sq, Erie, PA, 16541 EIN 25-0496976 Since 1987
Revenue (FY2023)
$165.8M
▼ 0.1% vs prior year
Education median: $200K
Expenses (FY2023)
$163.3M
Net assets
$213.1M
Employees
2,191
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating84% to programs · $13 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Gannon University: 84% to programs · $13 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating16 mo reserves · +2% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Gannon University: 16 mo reserves · +2% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Gannon University: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Gannon University: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
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 2023 student enrollment of 4,548.
What they do
Auxiliary enterprises: gannon university provides services to students and staff including primary residence hall accommodations for 1,293 students and associated food services during the academic year and summer sessions.
Public service: the university supports several programs which benefit students as well as the general public. these services include a small business development center, a chamber orchestra, a leadership development program, and several programs whose goals include environmental and social concerns.
Contact & location
- Address
- 109 University Sq, Erie, PA, 16541
- City
- Erie
- State
- Pennsylvania
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $126.7M (FY2013) to $165.8M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $111.6MNet assets $213.1M
Operating margin
1.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$324.8M
Total liabilities
$111.6M
Net assets
$213.1M
Salaries & benefits
$66.6M
41% of expenses
Board members
34
32 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $165,828,216▼0.1% | $163,291,762▲1.7% | $213,133,784▲4.1% | $324,759,772▲2.4% | 990 |
| 2022 | $165,989,696▼0.3% | $160,562,591▲1.2% | $204,738,311▲4.0% | $317,003,426▲0.8% | 990 |
| 2021 | $166,429,638▲3.3% | $158,647,397▲6.6% | $196,793,099▼3.3% | $314,341,628▼1.6% | 990 |
| 2020 | $161,118,508▲5.2% | $148,819,018▲2.5% | $203,462,227▲16.8% | $319,311,076▲15.4% | 990 |
| 2019 | $153,206,818▲6.0% | $145,207,820▲6.5% | $174,131,764▲3.3% | $276,609,681▲1.3% | 990 |
| 2018 | $144,482,123▲7.0% | $136,312,929▲4.8% | $168,535,196▲4.3% | $272,934,477▲3.5% | 990 |
| 2017 | $135,037,671▼0.9% | $130,130,138▼4.5% | $161,515,377▲2.3% | $263,669,903▲8.5% | 990 |
| 2016 | $136,295,450▲3.3% | $136,266,452▲9.5% | $157,881,587▲3.3% | $243,018,559▲8.3% | 990 |
| 2015 | $131,953,941▲4.8% | $124,493,169▲6.0% | $152,815,435▲1.1% | $224,350,297 | 990 |
| 2014 | $125,901,116▼0.6% | $117,484,660▲6.6% | $151,199,851▲6.2% | $224,392,889▲2.5% | 990 |
| 2013 | $126,670,017 | $110,210,808▲4.5% | $142,438,616▲13.7% | $218,940,656▲9.2% | 990 |
| 2012 | — | $105,514,434▲3.0% | $125,280,158▲8.4% | $200,578,705▲12.4% | 990 |
| 2011 | — | $102,484,432▲7.5% | $115,587,252▲4.4% | $178,478,247▼0.1% | 990 |
| 2010 | — | $95,311,010▼7.1% | $110,757,541▲13.1% | $178,740,382▲22.3% | 990 |
| 2009 | — | $102,572,130 | $97,936,467 | $146,159,221 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Keith Taylor — $525,102 (0.32% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Keith Taylor | Executive Advisor, President Emeritus | 40 | $525,102 |
| Walter Iwanenko | President | 40 | $356,959 |
| Jennifer Lundy | Vp For Finance & Campus Operations | 40 | $227,042 |
| William Edmondson | Vp Enrollment | 40 | $210,931 |
| Sarah Ewing | Provost | 40 | $194,415 |
| Karinna Vernaza | Dean-college of Eng and Business | 40 | $171,618 |
| Mark Jordano | Chief Information Officer | 40 | $165,597 |
| Douglas Oathout | Chief of Staff & Director of Marketing and Communications | 40 | $159,296 |
| Davide Piovesan | Associate Dean, Col. of Engineering and Business | 40 | $154,626 |
| Lynne Bianchi | Director Medical Research Operations | 40 | $154,566 |
| Kimberly Cavanagh | Dean, College of Health Professions and Science | 40 | $153,829 |
| Nancy Bird | Vp of University Advancement | 40 | $149,939 |
| Valerie Bacik | Chief Institutional Planning | 40 | $143,240 |
| Mahesh Aggarwal | Board Member/president Faculty Senate | 40 | $135,992 |
| Barbara Beuscher | Vp University Advancement Until 4/28/2023 | 40 | $72,974 |
| Antoinette Spevetz | Board Member | 2 | — |
| Candace D Battles | Board Member | 2 | — |
| Dana M Fallon | Board Member | 2 | — |
| Gerald Blanks | Board Member | 2 | — |
| Gwendolyn M Garbarino | Secretary | 2 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Metz and Associates Ltd | Food Service Provider | $4,588,038 |
| Building Systems Inc | General Contractor | $3,825,629 |
| Rabe Environmental Systems Inc | Hvac and Plumbing | $811,807 |
| Hammot Anesthesia Program | Educational Services | $809,155 |
| Commercial Management Solutions | Campus Management Services | $679,883 |
Grants received · $6.3M total
106 grants to Gannon University totaling $6.3M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Education | 2024 | $300,000 |
| American Online Giving Foundation Inc | General support | 2024 | $127,469 |
| Ayco Charitable Foundation | Education | 2024 | $79,000 |
| Erie Community Foundation | Various projects | 2024 | $51,784 |
| Erie Community Foundation | Various projects | 2024 | $46,035 |
| Charities Aid Foundation America | Charitable donation | 2024 | $40,181 |
| The Pittsburgh Foundation | Higher education | 2024 | $12,200 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $10,600 |
| The New York Community Trust | For a scholarship award. | 2024 | $10,000 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Education | 2023 | $300,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $112,150 |
| American Online Giving Foundation Inc | General support | 2023 | $109,750 |
| Carnegie Mellon University | Education/research | 2023 | $101,380 |
| Ayco Charitable Foundation | Education | 2023 | $79,100 |
| Erie Community Foundation | Various projects | 2023 | $62,420 |
Grants made · $100K in FY2021
1 grant totaling $100K in FY2021. All grants made by Gannon University →
| Recipient | Purpose | Amount |
|---|---|---|
| City of Erie | Support for city investments in local neighborhood infrastructure and development. | $100,000 |
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Frequently asked questions
- Is Gannon University a legitimate nonprofit?
- Yes. Gannon University is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 25-0496976, based in Erie, Pennsylvania. Donations are tax-deductible.
- What is Gannon University's EIN?
- Gannon University's Employer Identification Number (EIN) is 25-0496976.
- How much revenue does Gannon University report?
- Gannon University reported $165,828,216 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Gannon University's spending goes to programs?
- Gannon University spends about 84% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Gannon University have?
- CharityIndex grades Gannon University A, based on program efficiency and fundraising cost.
- How much does Gannon University's highest-paid employee make?
- The highest reported compensation on Gannon University's latest Form 990 is $525,102, paid to Keith Taylor (Executive Advisor, President Emeritus).
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Explore more
Data for Gannon University (EIN 25-0496976) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.