Overview
What is Daemen University?
Daemen University, located in Amherst, New York, is a private institution dedicated to offering higher education to students. The university's mission is to cultivate innovative, morally grounded leaders who can thrive in a diverse and interconnected world. By combining the intellectual rigor of liberal arts education with professional expertise, Daemen University fosters graduates capable of making substantial contributions to society.
Official website here: www.daemen.edu
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)
Daemen University has achieved an impressive 96% score on Charity Navigator, reflecting its strong commitment to accountability and finance. The rating is derived entirely from its performance in these areas, with a perfect score in multiple categories such as independent board membership, financial oversight, and the absence of material diversion of assets. These factors contribute to its high ranking, illustrating the university’s effective governance and transparency.
The organization demonstrates a robust financial health, as evidenced by a program expense ratio of nearly 92%, indicating that a significant portion of its expenses is directed towards its programs and services. Additionally, its low liabilities to assets ratio of 41.14% suggests sound financial management, allowing for sustainability and growth in its initiatives.
However, while the university excels in accountability and financial management, the summary does not provide insights into its programmatic outcomes or community impact. Potential donors may want to consider investigating these aspects further to gain a complete understanding of the university's overall effectiveness and reach.
This AI summary has been generated from information found on Charity Navigator.
Is Daemen University legitimate?
Daemen University is a legitimate nonprofit organization registered as a 501(c)(3) entity. Daemen 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: $1,850,461
Professional Fundraising Fees: $0
Other Salaries and Wages: $25,683,492
For more financial information, click here
Official website here: www.daemen.edu
What is the mission statement of Daemen University?
Daemen University is a private, independent institution dedicated to higher education. The mission of this college is geared towards nurturing innovative leaders for a globalized world. Through a combination of liberal arts education and professional preparation, it aims to equip students with the intellectual and ethical foundation necessary to make significant contributions to society. In essence, Daemen University is committed to fostering future leaders who can navigate a diverse and interconnected world with creativity and ethical responsibility.
Official website here: www.daemen.edu
What is the revenue of Daemen University?
Daemen University's revenue in 2024 was $93,127,130.
Official website here: www.daemen.edu
Who are the executives of Daemen University and what are their salaries?
The average compensation at Daemen University during 2024 was $21,002. There are 1311 employees and 57 volunteers at Daemen University.
Here are 39 key members and their salaries:
- Compensation: $516,535
- Related: $0
- Other: $40,934
- Compensation: $234,405
- Related: $0
- Other: $14,567
- Compensation: $131,097
- Related: $0
- Other: $67,409
- Compensation: $176,410
- Related: $0
- Other: $21,088
- Compensation: $100,074
- Related: $0
- Other: $74,844
- Compensation: $112,820
- Related: $0
- Other: $60,638
- Compensation: $117,929
- Related: $0
- Other: $55,236
- Compensation: $147,313
- Related: $0
- Other: $24,389
- Compensation: $149,186
- Related: $0
- Other: $12,467
- Compensation: $97,998
- Related: $0
- Other: $61,181
- Compensation: $105,935
- Related: $0
- Other: $25,474
- Compensation: $121,500
- Related: $0
- Other: $369
- Compensation: $91,862
- Related: $0
- Other: $26,706
- Compensation: $102,926
- Related: $0
- Other: $13,895
- Compensation: $95,216
- Related: $0
- Other: $17,546
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Official website here: www.daemen.edu
Where can I find the form 990 for Daemen University?
Daemen University's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.daemen.edu
Learn more at the official website: www.daemen.edu
Mission Statement of Daemen University
Daemen University, a private and independent institution, is dedicated to fostering the next generation of innovative leaders. By combining the intellectual foundation gained through a liberal arts education with the practical skills required for professional success, the university equips students to make a significant impact on society. Daemen University's mission is multifaceted. It aims to cultivate creative minds, instill ethical values, and prepare students for a diverse and interconnected world. In pursuit of this goal, the university integrates the knowledge and skills students acquire through their liberal arts education with the professional expertise needed to excel in their chosen field. Ultimately, the mission of Daemen University is to develop well-rounded individuals who are prepared to contribute meaningfully to society and make a positive difference in the world.
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Impact
October, 2024
Daemen University plays a vital role in shaping the future of its students and the wider community by providing a comprehensive education rooted in the liberal arts and professional training. Located in Amherst, NY, the university's mission focuses on developing creative and ethically-minded leaders who are equipped to navigate and contribute positively to a diverse and interconnected world.
Through its rigorous academic programs, Daemen fosters critical thinking, cultural awareness, and ethical decision-making, which are essential qualities in today’s global society. The university emphasizes the integration of intellectual strengths with professional excellence, preparing students to make meaningful contributions across various fields.
By nurturing a diverse educational environment, Daemen University not only empowers individual students but also enhances the cultural and economic fabric of the community it serves. The university’s commitment to developing well-rounded leaders has a lasting impact, contributing to the advancement of society as a whole.
This information is meant to be a general summary of Daemen 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $853,207
- Program Service Revenue: $80,159,532
- Gross Receipts: $123,570,857
Assets and Liabilities:
- Total Assets: $83,009,537
- Total Liabilities: $34,520,817
- Net Assets: $48,488,720
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition & Fees
Revenue
$69,588,290
Sales & Svc of Auxiliary Enterprises
Revenue
$10,571,242
Organization Details
Founding Year
1947
Principal Officer
Dr Gary A Olson
Website
www.daemen.eduNTEE Category
Code: B420 - Education
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