Nonprofit · EIN 04-2105776
ASSUMPTION UNIVERSITY
Tax-exempt · WORCESTER, MA 01609
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2025 | 990 | $129,112,574 | $137,584,883 | -$8,472,309 | $234,617,862 | $42,515,665 | $192,102,197 |
| May 31, 2024 | 990 | $127,143,548 | $129,299,078 | -$2,155,530 | $239,289,169 | $43,834,397 | $195,454,772 |
| May 31, 2023 | 990 | $116,907,832 | $121,995,531 | -$5,087,699 | $237,826,109 | $47,624,036 | $190,202,073 |
Financial details: 990 for the year ended May 31, 2025
Revenue
- Contributions, gifts and grants
- $9,528,536
- of which government grants
- $5,223,561
- Program service revenue
- $111,536,341
- Investment income
- $6,468,122
- Net gain from sales of assets
- $3,774,986
- Other revenue
- $1,579,575
Expenses
- Grants and similar amounts paid
- $57,762,969
- Compensation of officers, directors and key employees
- $1,639,656
- Other salaries and wages
- $32,439,968
- Salaries, compensation and benefits (total)
- $44,385,685
- Professional fundraising fees
- $17,195
- Legal fees
- $191,162
- Accounting fees
- $60,898
- Occupancy
- $2,418,506
- Travel
- $521,799
- Depreciation
- $4,829,959
- Program services (functional)
- $128,878,969
- Management and general (functional)
- $6,545,806
- Fundraising (functional)
- $2,160,108
Balance sheet and other
- Total assets, start of year
- $239,289,169
- Total assets, end of year
- $234,617,862
- Total liabilities, end of year
- $42,515,665
- Net assets, end of year
- $192,102,197
- Land, buildings and equipment
- $101,162,131
- Publicly traded securities
- $85,757,226
- Net assets without donor restrictions
- $132,985,226
- Net assets with donor restrictions
- $59,116,971
- Gross unrelated business income
- $21,850
- Gross receipts
- $145,397,594
- Employees
- 1,107
- Volunteers
- 75
- Year formed
- 1904
- State of legal domicile
- MA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended May 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| GREGORY WEINER | PRESIDENT Officer | 40 | $443,422 | $100,429 |
| PETER WELLS | VP FINANCE & ADMIN (THRU 10/28/24) Officer | 40 | $301,217 | $45,319 |
| WILLIAM BOFFI | VP ENROLLMENT Key employee | 40 | $252,907 | $48,500 |
| MARC GUERRA | PROVOST Officer | 40 | $228,295 | $50,787 |
| CHRISTINA GRAZIANO | SECRETARY TO THE BOARD Officer | 40 | $253,910 | $11,790 |
| PATRICK CULLEN | DEAN Highest-paid employee | 40 | $214,021 | $46,959 |
| RAYMOND ALBERT | DIRECTOR OF CYBERSECURITY Highest-paid employee | 40 | $216,347 | $29,520 |
| CHRISTOPHER FERREIRA | DEAN Highest-paid employee | 40 | $174,719 | $41,164 |
| CONWAY CAMPBELL | VP STUDENT SUCCESS Key employee | 40 | $156,337 | $49,269 |
| JILL ABRAHAMS | VP INST. ADVANCEMENT (THRU 8/25/24) Key employee | 40 | $179,578 | $15,774 |
| KIMBERLY SCHANDEL | DEAN Highest-paid employee | 40 | $159,207 | $24,814 |
| JOHN WHITE | INTERIM VP FOR INST. ADVANCEMENT Key employee | 40 | $151,881 | $30,995 |
| WENDY BUJA | ASSOC. PROGRAM DIRECTOR PA Highest-paid employee | 40 | $143,113 | $37,576 |
| MARISA GREGG | CMO & COMM. OFFICER (AS OF 7/1/24) Officer | 40 | $98,660 | $0 |
| ANDREW S VIENS | TRUSTEE Trustee or director | 2 | $0 | $0 |
26 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CARL M CAFARO | TRUSTEE Trustee or director | 2 | $0 |
| CAROLYN M CLANCY | TRUSTEE Trustee or director | 2 | $0 |
| CHRISTINE C MARCKS | TRUSTEE Trustee or director | 2 | $0 |
| ELIZABETH PAQUETTE | TRUSTEE Trustee or director | 2 | $0 |
| EMMANUEL LARBI | TRUSTEE Trustee or director | 2 | $0 |
| FR RICHARD LAMOUREUX | TRUSTEE Trustee or director | 2 | $0 |
| JON WEAVER | TRUSTEE Trustee or director | 2 | $0 |
| MAJ GEN ROBERT CATALANOTTI | TRUSTEE Trustee or director | 2 | $0 |
| MARTHA MARTINI RICE | TRUSTEE Trustee or director | 2 | $0 |
| MICHAEL J KELLY PHD | TRUSTEE (THRU 5/16/25) Trustee or director | 2 | $0 |
| FR EDWARD SHATOV AA | TRUSTEE Trustee or director | 2 | $0 |
| FR JOHN L FRANCK AA | TRUSTEE Trustee or director | 2 | $0 |
| FR MARCEL POIRIER AA | TRUSTEE Trustee or director | 2 | $0 |
| FR PETER R PRECOURT AA | TRUSTEE Trustee or director | 2 | $0 |
| FR VINCENT LECLERCQ AA | TRUSTEE Trustee or director | 2 | $0 |
| RICHARD J CATRAMBONE | TRUSTEE Trustee or director | 2 | $0 |
| RICHARD P BURKE JR | TRUSTEE (THRU 5/16/25) Trustee or director | 2 | $0 |
| SHARON BROVELLI | TRUSTEE Trustee or director | 2 | $0 |
| SR CLARE T TJADER RA | TRUSTEE Trustee or director | 2 | $0 |
| STEPHEN F KNOTT | TRUSTEE Trustee or director | 2 | $0 |
| STEPHEN T SKOLY JR DMD | TRUSTEE Trustee or director | 2 | $0 |
| SUZANNE M BESNIA ESQ | TRUSTEE Trustee or director | 2 | $0 |
| VIRGINIA RENTKO | TRUSTEE Trustee or director | 2 | $0 |
| CANDACE A RACE | CHAIR OF THE BOARD Trustee or director, Officer | 2 | $0 |
| FR CHI AI NGUYEN | VICE CHAIR OF THE BOARD Trustee or director, Officer | 2 | $0 |
| E JANE CLAPP | CFO/VP OF FIN. & ADM. (AS OF 1/2/25) Officer | 40 | $0 |
990 for the year ended May 31, 2024: 42 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| GREGORY WEINER | PRESIDENT Officer | 40 | $400,329 | $98,078 |
| FRANCESCO CESAREO | FORMER PRESIDENT Former | 0 | $430,500 | $0 |
| PETER WELLS | TREASURER, VP FIN. & ADMIN Officer | 40 | $263,212 | $49,836 |
| WILLIAM BOFFI | VP ENROLLMENT Key employee | 40 | $233,166 | $45,286 |
| KEVIN HICKEY | PROFESSOR Highest-paid employee | 40 | $236,162 | $17,351 |
| MARC GUERRA | PROVOST Officer | 40 | $207,254 | $46,083 |
| PATRICK CULLEN | DEAN Highest-paid employee | 40 | $205,809 | $32,133 |
| RAYMOND ALBERT | DIRECTOR OF CYBERSECURITY Highest-paid employee | 40 | $206,186 | $30,094 |
| CONWAY CAMPBELL | VP STUDENT SUCCESS Key employee | 40 | $170,691 | $43,019 |
| CHRISTOPHER FERREIRA | DEAN Highest-paid employee | 40 | $171,390 | $39,124 |
| CAITLIN STOVER | DEAN Highest-paid employee | 40 | $186,215 | $17,013 |
| JILL ABRAHAMS | VP ADVANCEMENT Key employee | 40 | $178,429 | $17,892 |
| CHRISTINA GRAZIANO | GENERAL COUNSEL/VP STRATEGY Officer | 40 | $162,568 | $6,553 |
| PAUL DOUILLARD | FORMER INTERIM PROVOST Former | 40 | $103,125 | $9,226 |
| MAUREEN HALLEY | CMO (THRU 06/30/23) Officer | 40 | $73,709 | $9,933 |
| CHRISTINE C MARCKS | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ANDREW S VIENS | TRUSTEE Trustee or director | 2 | $0 | $0 |
| CAROLYN M CLANCY | TRUSTEE Trustee or director | 2 | $0 | $0 |
| CARL M CAFARO | TRUSTEE Trustee or director | 2 | $0 | $0 |
| EDDA COLON-IRIZZARY | TRUSTEE (THRU 5/15/2024) Trustee or director | 2 | $0 | $0 |
| ELIZABETH PAQUETTE | TRUSTEE (AS OF 05/31/24) Trustee or director | 2 | $0 | $0 |
| VIRGINIA RENTKO | TRUSTEE (AS OF 05/31/24) Trustee or director | 2 | $0 | $0 |
| SUZANNE M BESNIA ESQ | TRUSTEE Trustee or director | 2 | $0 | $0 |
| STEPHEN F KNOTT | TRUSTEE (AS OF 05/31/24) Trustee or director | 2 | $0 | $0 |
| SR CLARE TERESA TJADER RA | TRUSTEE Trustee or director | 2 | $0 | $0 |
| STEPHEN T SKOLY JR DMD | TRUSTEE Trustee or director | 2 | $0 | $0 |
| RICHARD P BURKE JR | TRUSTEE Trustee or director | 2 | $0 | $0 |
| RICHARD J CATRAMBONE | TRUSTEE Trustee or director | 2 | $0 | $0 |
| REV VINCENT LECLERCQ AA | TRUSTEE Trustee or director | 2 | $0 | $0 |
| REV PETER R PRECOURT AA | TRUSTEE Trustee or director | 2 | $0 | $0 |
| REV MARCEL POIRIER AA | TRUSTEE Trustee or director | 2 | $0 | $0 |
| REV JOHN L FRANCK AA | TRUSTEE Trustee or director | 2 | $0 | $0 |
| REV EDWARD SHATOV AA | TRUSTEE Trustee or director | 2 | $0 | $0 |
| MICHEAL J KELLY PHD | TRUSTEE Trustee or director | 2 | $0 | $0 |
| MARTHA MARTINI RICE | TRUSTEE (AS OF 05/31/24) Trustee or director | 2 | $0 | $0 |
| SHARON BROVELLI | TRUSTEE Trustee or director | 2 | $0 | $0 |
| EMMANUEL LARBI | TRUSTEE Trustee or director | 2 | $0 | $0 |
| MAJ ROBERT CATALANOTTI | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JON WEAVER | TRUSTEE Trustee or director | 2 | $0 | $0 |
| FR RICHARD LAMOUREUX | TRUSTEE Trustee or director | 2 | $0 | $0 |
| CANDACE A RACE | CHAIR OF THE BOARD Trustee or director, Officer | 2 | $0 | $0 |
| FR CHI AI NGUYEN | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
990 for the year ended May 31, 2023: 48 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| FRANCESCO CESAREO | PRESIDENT (THRU 6/30/22) Trustee or director, Officer | 40 | $662,266 | $69,762 |
| GREG S WEINER PHD INTERIM | PRES., PRESIDENT (AS OF 10/17/22) Officer | 40 | $370,014 | $61,253 |
| PETER D WELLS MBA CPA | TREASURER, VP FINANCE & ADMIN Officer | 40 | $244,409 | $62,810 |
| JOSEPH FOLEY | PROFESSOR (THRU 5/31/2022) Highest-paid employee | 40 | $273,473 | $13,114 |
| RAYMOND ALBERT | DIRECTOR Highest-paid employee | 40 | $201,783 | $34,005 |
| CONWAY CAMPBELL SR EDD | VICE PRESIDENT OF STUDENT SUCCESS Officer | 40 | $176,505 | $54,837 |
| WILLIAM BOFFI | VP OF ENROLLMENT MANAGEMENT Officer | 40 | $167,479 | $46,572 |
| ROBERT AMRIEN | ASSISTANT PROFESSOR (THRU 1/18/2023) Highest-paid employee | 40 | $181,595 | $14,719 |
| CAITLIN STOVER | DEAN Highest-paid employee | 40 | $178,937 | $16,013 |
| CHRISTOPHER FERREIRA | DEAN Highest-paid employee | 40 | $139,067 | $33,371 |
| PAUL DOUILLARD | INTERIM PROVOST Officer | 40 | $150,062 | $11,096 |
| MELANIE DEMARAIS | INTERIM VP OF ADVMT (THRU 4/30/23) Officer | 40 | $125,405 | $27,546 |
| DEBORAH CADY MELZER | VP OF STUDENT AFFAIRS (THRU 8/31/22) Officer | 40 | $105,996 | $40,074 |
| MICHAEL RUBINO SEC OF THE | BOARD, GENERAL COUNSEL & VP STRATEGY Officer | 40 | $94,844 | $47,097 |
| LINDA ROSENLUND | INTERIM VP OF ADVMT (THRU 8/31/22) Officer | 40 | $76,752 | $14,877 |
| SUZANNE M BESNIA ESQ | TRUSTEE (AS OF 10/1/22) Trustee or director | 2 | $0 | $0 |
| RICHARD P BURKE JR | TRUSTEE Trustee or director | 2 | $0 | $0 |
| SHARON BROVELLI | TRUSTEE Trustee or director | 2 | $0 | $0 |
| CARL M CAFARO | TRUSTEE Trustee or director | 2 | $0 | $0 |
| REV ALEX A CASTRO AA | TRUSTEE (THRU 5/6/23) Trustee or director | 2 | $0 | $0 |
| MAJ GENERAL ROBERT G | CATALANOTTI, TRUSTEE Trustee or director | 2 | $0 | $0 |
| RICHARD J CATRAMBONE | TRUSTEE Trustee or director | 2 | $0 | $0 |
| CAROLYN M CLANCY | TRUSTEE Trustee or director | 2 | $0 | $0 |
| EDDA COLON-IRIZZARY | TRUSTEE Trustee or director | 2 | $0 | $0 |
| REV JOHN L FRANCK AA | TRUSTEE Trustee or director | 2 | $0 | $0 |
| CHRISTINA GRAZIANO ESQ | TRUSTEE (THRU 5/6/23) Trustee or director | 2 | $0 | $0 |
| MICHEAL J KELLY PHD | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JAMES KRUKONES | TRUSTEE (THRU 5/6/23) Trustee or director | 2 | $0 | $0 |
| FR RICHARD LAMOUREUX | TRUSTEE (AS OF 5/6/23) Trustee or director | 2 | $0 | $0 |
| EMMANUEL LARBI | TRUSTEE Trustee or director | 2 | $0 | $0 |
| REV VINCENT LECLERCQ AA | TRUSTEE Trustee or director | 2 | $0 | $0 |
| HARRIS MACNEILL | TRUSTEE (THRU 5/6/23) Trustee or director | 2 | $0 | $0 |
| CHRISTINE C MARCKS | TRUSTEE Trustee or director | 2 | $0 | $0 |
| LILLIAM MILLER | TRUSTEE (THRU 5/6/23) Trustee or director | 2 | $0 | $0 |
| REV MARCEL POIRIER AA | TRUSTEE Trustee or director | 2 | $0 | $0 |
| REV PETER R PRECOURT AA | TRUSTEE Trustee or director | 2 | $0 | $0 |
| REV EDWARD SHATOV AA | TRUSTEE Trustee or director | 2 | $0 | $0 |
| STEPHEN T SKOLY JR DMD | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JOSEPH SPILLANE | TRUSTEE (THRU 5/6/23) Trustee or director | 2 | $0 | $0 |
| SR CLARE TERESA TJADER RA | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ANDREW S VIENS | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JON WEAVER | TRUSTEE Trustee or director | 2 | $0 | $0 |
| CANDACE A RACE | CHAIR OF THE BOARD (AS OF 5/6/23) Trustee or director, Officer | 2 | $0 | $0 |
| FRANCIS BEDARD | CHAIR OF THE BOARD (THRU 5/6/23) Trustee or director, Officer | 2 | $0 | $0 |
| FR CHI AI NGUYEN | VICE CHAIR, TRUSTEE (AS OF 5/6/23) Trustee or director, Officer | 2 | $0 | $0 |
| REV DENNIS M GALLAGHER | VICE CHAIR, TRUSTEE (THRU 5/6/23) Trustee or director, Officer | 2 | $0 | $0 |
| JILL WIERBICKI | VP FOR INST. ADVANC. (AS OF 4/17/23) Officer | 40 | $0 | $0 |
| LAURA PENA PANTANO | VP OF STUDENT AFFS. (AS OF 3/27/23) Officer | 40 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 500 SALISBURY STREET, WORCESTER, MA 01609-1265
- In care of
- % CATHLEEN CULLEN
- Principal officer (990 for 2024)
- GREGORY WEINER, 500 SALISBURY STREET, WORCESTER, MA 016091296
- Signed the 990
- E JANE CLAPP, CFO
- Phone
- (508) 767-7000
- Website
- WWW.ASSUMPTION.EDU
- Return prepared by
- RSM US LLP
Mission
ASSUMPTION UNIVERSITY IS A COMPREHENSIVE, CATHOLIC LIBERAL ARTS INSTITUTION SPONSORED BY THE AUGUSTINIANS OF THE ASSUMPTION. WE AWAKEN IN STUDENTS A SENSE OF WONDER, DISCOVERY, AND PURPOSE, FORMING GRADUATES KNOWN FOR THEIR INTELLECTUAL SERIOUSNESS, THOUGHTFUL CITIZENSHIP, AND DEVOTION TO THE COMMON GOOD. OUR CURRICULAR AND CO-CURRICULAR PROGRAMS PROVIDE STUDENTS WITH AN EDUCATION THAT SHAPES THEIR SOULS, FORMS THEM INTELLECTUALLY, AND PREPARES THEM FOR MEANINGFUL CAREERS. WE ARE A DIVERSE COMMUNITY THAT WELCOMES DIFFERENT POINTS OF VIEW AND EMBRACES ALL WHO SHARE OUR MISSION. ENLIVENED BY THE CATHOLIC AFFIRMATION OF THE HARMONY OF FAITH AND REASON, AND BY THE PURSUIT OF THE TRUTH IN THE COMPANY OF FRIENDS, AN ASSUMPTION EDUCATION TRANSFORMS THE MIND AND HEARTS OF STUDENTS.
Program accomplishments
- HIGHER EDUCATION: OFFERS COMPREHENSIVE COLLEGE DEGREE PROGRAMS AT BOTH THE UNDERGRADUATE AND GRADUATE LEVEL. IN FISCAL YEAR 2025, A TOTAL OF 370 UNDERGRADUATE DEGREES, 151 GRADUATE DEGREES AND 25 CERTIFICATES WERE AWARDED.Expenses $109,660,514 · grants $57,762,969 · revenue $92,234,542
- AUXILIARY ENTERPRISES: PROVIDED CAMPUS HOUSING TO APPROXIMATELY 1,500 UNDERGRADUATE STUDENTS. PROVIDED BOARD AND BOOKS TO APPROXIMATELY 1,800 STUDENTS.Expenses $19,218,455 · revenue $20,597,360
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | Not on file |
| 2024 | May 31, 2025 | October 15, 2025 | 990 on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990 on file |
IRS record
- EIN
- 04-2105776
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1953
- Accounting year ends
- May
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B420)
- Assets (IRS master file)
- $234,617,862
- Income (IRS master file)
- $145,397,594
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | May 2025 | $129,112,574 | $137,584,883 | $234,617,862 | XML |
| 990-T | May 2025 | – | – | – | IRS |
| 990 | May 2024 | – | – | – | IRS |
| 990-T | May 2024 | – | – | – | IRS |
| 990 | May 2023 | $116,907,832 | $121,995,531 | $237,826,109 | IRS |
| 990-T | May 2023 | – | – | – | IRS |
| 990 | May 2022 | $139,781,957 | $125,845,887 | $249,199,201 | IRS |
| 990-T | May 2022 | – | – | – | IRS |
| 990 | May 2021 | – | – | – | IRS |
| 990-T | May 2021 | – | – | – | IRS |
| 990 | May 2019 | – | – | – | IRS |
| 990 | May 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-2105776).
Questions about ASSUMPTION UNIVERSITY
- What is the EIN of ASSUMPTION UNIVERSITY?
- The employer identification number (EIN) of ASSUMPTION UNIVERSITY is 04-2105776.
- Is ASSUMPTION UNIVERSITY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1953.
- Are donations to ASSUMPTION UNIVERSITY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ASSUMPTION UNIVERSITY file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ASSUMPTION UNIVERSITY due?
- The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ASSUMPTION UNIVERSITY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended May 2025.
- Who is the principal officer of ASSUMPTION UNIVERSITY?
- The 990 for the year ended May 31, 2025 names GREGORY WEINER.
- Who are the officers and directors of ASSUMPTION UNIVERSITY?
- The 990 for the year ended May 31, 2025 lists 41 people; 14 received compensation from the organization, the highest $443,422 (GREGORY WEINER, PRESIDENT).
- How much revenue does ASSUMPTION UNIVERSITY have?
- On its 990 for the year ended May 31, 2025 it reported revenue of $129,112,574, expenses of $137,584,883 and total assets of $234,617,862 at year end.
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