GANNON UNIVERSITY Charity Report

Public IRS 990 nonprofit record

GANNON UNIVERSITY

EIN 25-0496976 · Education (B430)

What they do

Gannon is A Catholic, Diocesan University Dedicated to Excellence In Teaching, Scholarship, and Service. Our Faculty and Staff Prepare Students to Be Global Citizens Through Programs Grounded In The Liberal Arts and Sciences and Professional Specializations. Inspired By The Catholic Intellectual Tradition, We Offer A Comprehensive, Values-centered Learning Experience That Emphasizes Faith, Leadership, Inclusiveness, and Social Responsibility.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $83.20 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders46 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

83.97%of revenue went to mission work83.2% of expenses · Program services

0.80%of revenue went to fundraising0.8% of expenses

$100.97spent for every $100 of revenueSpending was higher than revenue this year.

16.19%of revenue went to management and office costs16.0% of expenses

$2.66in assets for every $1 spent this yearSome assets cannot be spent right away.

7.4%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $1,544,757 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $541,058 for WALTER IWANENKO (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$159,593,681

Mission workProgram services$134,016,98283.97% of revenue83.2% of expenses

ManagementOffice and general costs$25,838,32916.19% of revenue16.0% of expenses

FundraisingAsking for donations$1,283,1270.80% of revenue0.8% of expenses

Total expenses$161,138,438100.97% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 83.2% mission · 16.0% management · 0.8% fundraisingTotal expenses: 100.97% of revenue

2023Expense mix: 84.3% mission · 14.9% management · 0.8% fundraisingTotal expenses: 98.47% of revenue

2022Expense mix: 85.3% mission · 13.8% management · 0.9% fundraisingTotal expenses: 96.73% of revenue

2021Expense mix: 86.1% mission · 12.8% management · 1.1% fundraisingTotal expenses: 95.32% of revenue

2020Expense mix: 87.6% mission · 11.3% management · 1.1% fundraisingTotal expenses: 92.37% of revenue

2019Expense mix: 87.4% mission · 11.5% management · 1.1% fundraisingTotal expenses: 94.78% of revenue

2018Expense mix: 88.3% mission · 10.5% management · 1.2% fundraisingTotal expenses: 94.35% of revenue

2017Expense mix: 90.1% mission · 8.5% management · 1.3% fundraisingTotal expenses: 96.37% of revenue

Money in and money out

Revenue$159,593,681

Expenses$161,138,438

Annual shortfall $1,544,757 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$134,016,982 · 83.2% of expenses

Management and office costs$25,838,329 · 16.0% of expenses

Fundraising$1,283,127 · 0.8% of expenses

See all reported dollar amounts

Revenue$159,593,681

Expenses$161,138,438

Assets$429,284,630

Income$170,096,940

Contributions$11,876,462

Mission work (program services)$134,016,982

Fundraising$1,283,127

Grants given$700,000

Average grant$100,000

Management and general$25,838,329

Executive compensation (total)$2,017,025

Stocks and bonds$139,448,011

Accounting fees$123,893

Investing fees$81,606

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

WALTER IWANENKOPRESIDENT · 40 hrs/week $541,058Base $487,558 · Other $53,500

KEITH TAYLOREXECUTIVE ADVISOR, PRESIDENT EMERITUS · 40 hrs/week $394,730Base $338,245 · Other $56,485

JENNIFER LUNDYVP FOR FINANCE & CAMPUS OPERATIONS · 40 hrs/week $263,005Base $234,531 · Other $28,474

WILLIAM EDMONDSONVP ENROLLMENT, UNTIL 01/15/2025 · 40 hrs/week $255,785Base $213,741 · Other $42,044

SARAH EWINGPROVOST · 40 hrs/week $253,962Base $224,952 · Other $29,010

MARK JORDANOCHIEF INFORMATION OFFICER · 40 hrs/week $218,505Base $168,450 · Other $50,055

KARINNA VERNAZADEAN-COLLEGE OF ENG AND BUSINESS · 40 hrs/week $217,765Base $174,682 · Other $43,083

NANCY BIRDVP OF UNIVERSITY ADVANCEMENT · 40 hrs/week $210,616Base $187,788 · Other $22,828

DAVIDE PIOVESANASSOCIATE DEAN, COL. OF ENGINEERING AND BUSINESS · 40 hrs/week $198,190Base $156,332 · Other $41,858

LYNNE BIANCHIDIRECTOR MEDICAL RESEARCH OPERATIONS · 40 hrs/week $197,687Base $159,625 · Other $38,062

DOUGLAS OATHOUTCHIEF OF STAFF & DIRECTOR OF MARKETING AND COMMUNI · 40 hrs/week $187,933Base $164,304 · Other $23,629

KIMBERLY CAVANAGHDEAN, COLLEGE OF HEALTH PROFESSIONS AND SCIENCE · 40 hrs/week $180,775Base $167,869 · Other $12,906

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (46)

WALTER IWANENKOPRESIDENT

KEITH TAYLOREXECUTIVE ADVISOR, PRESIDENT EMERITUS

JENNIFER LUNDYVP FOR FINANCE & CAMPUS OPERATIONS

WILLIAM EDMONDSONVP ENROLLMENT, UNTIL 01/15/2025

SARAH EWINGPROVOST

MARK JORDANOCHIEF INFORMATION OFFICER

KARINNA VERNAZADEAN-COLLEGE OF ENG AND BUSINESS

NANCY BIRDVP OF UNIVERSITY ADVANCEMENT

DAVIDE PIOVESANASSOCIATE DEAN, COL. OF ENGINEERING AND BUSINESS

LYNNE BIANCHIDIRECTOR MEDICAL RESEARCH OPERATIONS

DOUGLAS OATHOUTCHIEF OF STAFF & DIRECTOR OF MARKETING AND COMMUNI

KIMBERLY CAVANAGHDEAN, COLLEGE OF HEALTH PROFESSIONS AND SCIENCE

VALERIE BACIKCHIEF INSTITUTIONAL PLANNING

MAHESH AGGARWALBOARD MEMBER/PRESIDENT FACULTY SENATE

TINA M DONIKOWSKIBOARD MEMBER

REV CHRISTOPHER J SINGERBOARD MEMBER

VERY REV MICHAEL FERRICKBOARD MEMBER

REV NICHOLAS J ROUCHBOARD MEMBER

REV SCOTT W JABOBOARD MEMBER

RICHARD E BEATTIEBOARD MEMBER

RICHARD G ORLANDOBOARD MEMBER

ROBERT P BARKERBOARD MEMBER

STACY M JUCHNOBOARD MEMBER

TIMOTHY J HILTYBOARD MEMBER

SCOTT M KRALLBOARD MEMBER

SUSAN P FORQUERBOARD MEMBER

SEAN DUGANBOARD MEMBER

MARK J MINNAUGHVICE CHAIRPERSON

WALTER W COOPERBOARD MEMBER

KAREN SURKALABOARD MEMBER

ANTOINETTE SPEVETZBOARD MEMBER

CANDACE D BATTLESBOARD MEMBER

DANA M FALLONBOARD MEMBER

GERALD BLANKSBOARD MEMBER

GWENDOLYN M GARBARINOSECRETARY

HOWARD WARDBOARD MEMBER

JAMES FIORENZOBOARD MEMBER

JAMES J RUTKOWSKIBOARD MEMBER

PIERRE MCCORMICKBOARD MEMBER

KELLY MEREDITHBOARD MEMBER

LAURA VACCAROBOARD MEMBER

MARGARET A VANDERLAANBOARD MEMBER

MARK ZAGORSKIBOARD MEMBER

MATTHEW NICHILOBOARD MEMBER/STUDENT GOVERNMENT PRESIDENT

MONICA TROTTBOARD MEMBER

MOST REV LAWRENCE T PERSICOCHAIRPERSON

About this charity

Recognized since: January 1987
Location: 109 University Square, Erie, PA 16541
County: Erie
In care of: Jennifer Lundy
Primary officer: Jennifer Lundy, VP for Finance and Campus Operation

How to reach them

WebsiteVisit the charity’s website Phone(814) 871-7000

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
NTEE classification: Education (B430)
IRS tax category: Colleges, Universities, and Professional Schools
Grant-giving organization: Yes