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Husson University

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 010271210 ✦ Bangor, ME ✦ Designated as a 501(c)(3)

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Overview

What is Husson University?

Husson University, based in Bangor, Maine, is a reputable educational institution with over 120 years of history. With a focus on affordability and innovation, the university offers undergraduate and graduate degrees through classroom, online, and experiential learning opportunities. The curriculum covers a range of fields, including business, health, pharmacy, science, and humanities. Husson University prides itself on producing successful graduates, with 96% of them securing employment or pursuing further education within a year of graduation. The university boasts regional accreditation from the New England Council of Higher Education (NECHE) and various program-specific accreditations, such as the International Accreditation Council for Business Education (IACBE) and the Commission on Collegiate Nursing Education (CCNE). With a headcount of 1,351 employees, Husson University is dedicated to inspiring and preparing students for professional careers in current and emerging fields.


Official website here: www.husson.edu

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Star Rating) from Charity Navigator

Husson University has achieved a high score of 96%, reflecting its strong commitment to accountability and finance, which is the sole criterion for this rating. The organization is noted for having a majority of independent board members and an impressive board size, enhancing its governance and oversight capabilities. Furthermore, the absence of any material diversion of assets indicates strong financial integrity.

The nonprofit also excels in its financial management practices. With a program expense ratio of 89.33%, it demonstrates a focus on allocating funds towards its core mission rather than administrative costs. The presence of comprehensive policies related to conflict of interest, whistleblower protections, and document retention further underscores its commitment to ethical practices and transparency.

While the rating indicates robust operational standards, it is essential for potential supporters to consider that this evaluation is based solely on financial metrics. Prospective donors may want to look at additional aspects such as program impact and community feedback to gain a holistic view of Husson University's effectiveness in achieving its educational mission.


This AI summary has been generated from information found on Charity Navigator.

Is Husson University legitimate?

Husson University is a legitimate nonprofit organization registered as a 501(c)(3) entity. Husson University submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $972,351
Professional Fundraising Fees: $0
Other Salaries and Wages: $29,000,345

For more financial information, click here


Official website here: www.husson.edu

What is the mission statement of Husson University?

Husson University is dedicated to inspiring and preparing students for successful careers in various fields, integrating the sciences and humanities into their education. With a strong commitment to affordability, Husson offers undergraduate and graduate programs that deliver valuable knowledge in business, health, pharmacy, science, and humanities, as well as online learning opportunities. The institution prides itself on producing results, with 96 percent of graduates employed or pursuing further education within a year of graduation. Husson University is regionally accredited and holds additional accreditations for specific programs, ensuring high educational standards.


Official website here: www.husson.edu

Who is the CEO of Husson University?

Robert Clark is the Principal Officer of Husson University.


Official website here: www.husson.edu

What is the revenue of Husson University?

Husson University's revenue in 2022 was $86,528,834.


Official website here: www.husson.edu

Who are the executives of Husson University and what are their salaries?

The average compensation at Husson University during 2022 was $22,186. There are 1351 employees and 31 volunteers at Husson University.


Here are 41 key members and their salaries:


John M Rohman (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel R Hutchins (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Albert W Allen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Earl C Black (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John P Boucher (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brock R Bradford (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan A Carlisle (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel B Coffey (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph H Cyr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward O Darling (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kris A Doody (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jaclyn Fish (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arthur D Fuller (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ross Y Furman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Philip E Harriman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth A Hews (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelli L Theriault Hutchins (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Carey Johnson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Kamorski Edd (Faculty Trustee)
  • Compensation: $71,377
  • Related: $0
  • Other: $5,497
Bradley Libby (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Prybylo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Ruth B Purtilo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert J Ronan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
W Tom Sawyer Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Irving Schneider (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Will Taylor (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard C Trott Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy L Wadleigh (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Betsy M Webb (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Wheelock (Student Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracey L Whitten (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael E Williamson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
R Thomas Welch (Vp Fin. & Admin/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Robert A Clark (President)
  • Compensation: $342,241
  • Related: $0
  • Other: $130,267
Craig Hadley (Past Vp Fin. & Admin/Treasurer)
  • Compensation: $185,826
  • Related: $0
  • Other: $30,174
Lynne Coy-Ogan (Provost)
  • Compensation: $193,602
  • Related: $0
  • Other: $13,366
Tao Zhang (Associate Professor)
  • Compensation: $130,661
  • Related: $0
  • Other: $25,960
Thomas H Warren (Associate Vp For Aux. Services)
  • Compensation: $141,940
  • Related: $0
  • Other: $8,478
William J Lindblad (Professor Of Pharmocology)
  • Compensation: $153,064
  • Related: $0
  • Other: $21,217
Sarah C Robinson (Vp Of Advancement)
  • Compensation: $156,112
  • Related: $0
  • Other: $37,511
Marie E Hankinson (Dean College Of Business & Nescom)
  • Compensation: $172,063
  • Related: $0
  • Other: $20,609


Official website here: www.husson.edu

Where can I find the form 990 for Husson University?

Husson University's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.husson.edu

Learn more at the official website: www.husson.edu

Mission Statement of Husson University

Husson University, a renowned educational institution, is dedicated to inspiring and preparing students for successful careers in various fields, with a strong foundation grounded in the sciences and humanities. For over a century, this institution has been a trailblazer in higher education, offering innovative undergraduate and graduate programs that equip students to tackle the challenges of the modern world.

Through Husson University's commitment to affordable education, it has established itself as an exceptional value in the realm of higher learning. The university provides a range of learning opportunities, including classroom instruction, online courses, and experiential learning, ensuring that students are well-equipped to excel in their chosen professions. Husson University's curriculum covers a broad spectrum of disciplines, including business, health, pharmacy, science, and humanities, enabling students to gain advanced knowledge in their areas of interest.

Husson University's mission extends beyond the classroom. With a strong focus on results, the university boasts an impressive employment rate, with 96 percent of its graduates either employed or pursuing further education within one year of graduation. Husson University's reputation for quality education is further solidified by its various accreditations from esteemed organizations such as the New England Council of Higher Education (NECHE), the International Accreditation Council for Business Education (IACBE), the Commission on Collegiate Nursing Education (CCNE), the Accreditation Council for Occupational Therapy (ACOTE), the Commission on Accreditation in Physical Therapy Education (CAPTE), the Accreditation Council for Pharmacy Education (ACPE), and the Council for Accreditation of Counseling and Related Educational Programs (CACREP), among others.

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Impact




August, 2024

Husson University's impact is significant in the realm of higher education, as it has been preparing future leaders for over 120 years to tackle the challenges of tomorrow through a range of innovative undergraduate and graduate degree programs. With a strong emphasis on affordable classroom, online, and experiential learning opportunities, Husson University stands out as a beacon of superior value in the education sector.

Located in Bangor, Maine, Husson University offers advanced knowledge in various disciplines including business, health, pharmacy, science, humanities, and communication. Its robust online learning program further expands its reach and impact. The university's commitment to providing accessible education is underscored by being recognized as one of the most affordable private colleges in New England by U.S. News & World Report.

The tangible results of a Husson University education are evident in its graduates, with 96 percent of them either employed or enrolled in graduate school within one year of completing their degrees, reflecting the institution's commitment to producing successful professionals. Furthermore, Husson University holds regional accreditation from the New England Council of Higher Education and additional accreditations from prominent bodies in various fields, ensuring the quality and relevance of its programs.

In essence, Husson University's impact lies in its ability to inspire and prepare students for professional careers in current and emerging fields within an educational framework that integrates the sciences and humanities.




This information is meant to be a general summary of Husson University. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$86,528,834 (2022)
Expenses
$81,846,145 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,943,259
  • Program Service Revenue: $68,966,465
  • Gross Receipts: $86,536,486

Assets and Liabilities:

  • Total Assets: $150,282,751
  • Total Liabilities: $45,381,773
  • Net Assets: $104,900,978

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Tuition and Fees

Revenue

$57,032,123

Auxiliary Services

Revenue

$11,784,482

Summer and Sports Camps

Revenue

$149,860

Organization Details

Founding Year

1898

Principal Officer

Robert Clark

Main Address

One College Circle, Bangor, ME, 04401

NTEE Category

Code: B500 - Education

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