Nonprofit · EIN 04-2103585
LASELL UNIVERSITY
Tax-exempt · NEWTON, MA 02466
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $68,292,346 | $71,532,398 | -$3,240,052 | $130,812,275 | $70,314,506 | $60,497,769 |
| June 30, 2024 | 990 | $81,014,237 | $68,536,596 | $12,477,641 | $129,643,451 | $67,332,619 | $62,310,832 |
| June 30, 2023 | 990 | $78,954,053 | $92,945,178 | -$13,991,125 | $119,807,608 | $70,780,667 | $49,026,941 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $6,860,474
- of which government grants
- $3,780,791
- Program service revenue
- $58,181,696
- Investment income
- $2,487,468
- Net rental income
- $498,571
- Net gain from sales of assets
- $164,589
- Net income from sales of inventory
- $14,631
- Other revenue
- $762,708
Expenses
- Grants and similar amounts paid
- $14,771,824
- Compensation of officers, directors and key employees
- $934,701
- Other salaries and wages
- $24,101,543
- Salaries, compensation and benefits (total)
- $30,515,274
- Professional fundraising fees
- $106,130
- Legal fees
- $214,868
- Accounting fees
- $134,235
- Occupancy
- $5,972,438
- Travel
- $800,265
- Depreciation
- $4,456,676
- Program services (functional)
- $62,162,581
- Management and general (functional)
- $7,059,908
- Fundraising (functional)
- $2,309,909
Balance sheet and other
- Total assets, start of year
- $129,643,451
- Total assets, end of year
- $130,812,275
- Total liabilities, end of year
- $70,314,506
- Net assets, end of year
- $60,497,769
- Land, buildings and equipment
- $71,489,172
- Publicly traded securities
- $35,852,915
- Net assets without donor restrictions
- $40,493,475
- Net assets with donor restrictions
- $20,004,294
- Gross receipts
- $76,122,943
- Employees
- 1,010
- Volunteers
- 100
- Year formed
- 1851
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ERIC TURNER | PRESIDENT Officer | 40 | $382,748 | $111,961 |
| ZEHRA ABID-WOOD | PRESIDENT OF LASELL VILLAGE Highest-paid employee | 40 | $307,390 | $54,901 |
| CHRYSTAL PORTER | PROVOST Highest-paid employee | 40 | $236,870 | $50,566 |
| ANDREW MAYLOR | CFO, COO, VP OF STRATEGIC INITIATIVES Officer | 40 | $261,527 | $14,643 |
| CHELSEA GWYTHER | VP OF ADVANCEMENT Highest-paid employee | 40 | $239,833 | $18,893 |
| JENNIFER OKEEFFE | CHIEF OF STAFF & GENERAL COUNSEL Highest-paid employee | 40 | $180,952 | $44,591 |
| JESSE TAURIAC | CHIEF DIVERSITY OFFICER Highest-paid employee | 40 | $186,704 | $9,521 |
| HENRY PUGH | CLERK & EXEC. ASST. TO PRESIDENT Officer | 40 | $80,369 | $38,617 |
| GERRY DEROCHE | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| LORI HINDLE | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| PETER SCHULTE | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| JOE MARAIA | CLERK (UNTIL OCT. 2024)/TRUSTEE Trustee or director, Officer | 1 | $0 | $0 |
| RENA CLARK | TRUSTEE (UNTIL OCT. 2024)/CLERK Trustee or director, Officer | 1 | $0 | $0 |
| SUSAN DUNNE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CARLOS FONSECA | TRUSTEE Trustee or director | 1 | $0 | $0 |
14 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GREG HOLMAN | TRUSTEE Trustee or director | 1 | $0 |
| KEON HOLMES | TRUSTEE Trustee or director | 1 | $0 |
| BRAD KATES | TRUSTEE Trustee or director | 1 | $0 |
| MERCEDES KELEMEN | TRUSTEE Trustee or director | 1 | $0 |
| DEBBY MAHONEY | TRUSTEE Trustee or director | 1 | $0 |
| JOHN MCKENNA | TRUSTEE Trustee or director | 1 | $0 |
| LINDA MAGUIRE | TRUSTEE Trustee or director | 1 | $0 |
| LAURIE PASCAL | TRUSTEE Trustee or director | 1 | $0 |
| UBIN POKHAREL | TRUSTEE Trustee or director | 1 | $0 |
| HEIDI RAFFONE | TRUSTEE Trustee or director | 1 | $0 |
| VICTORIA RAKOV | TRUSTEE Trustee or director | 1 | $0 |
| KARL VASILOFF | TRUSTEE Trustee or director | 1 | $0 |
| BRYAN WARD | TRUSTEE (UNTIL OCT. 2024) Trustee or director | 1 | $0 |
| JUDITH WITTENBERG | TRUSTEE (UNTIL APR. 2025) Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 33 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MICHAEL ALEXANDER | FORMER PRESIDENT Former | 40 | $715,734 | $28,271 |
| ERIC TURNER | PRESIDENT Officer | 40 | $295,545 | $92,099 |
| CHRYSTAL PORTER | PROVOST Highest-paid employee | 40 | $221,500 | $51,644 |
| CHELSEA GWYTHER | VP DEVELOPMENT AND ALUMNI RELATIONS Highest-paid employee | 40 | $229,852 | $17,743 |
| ZEHRA ABID-WOOD | VP LASELL VILLAGE Highest-paid employee | 40 | $205,250 | $30,202 |
| JENNIFER OKEEFFE | CHIEF OF STAFF AND GENERAL COUNSEL Highest-paid employee | 40 | $201,257 | $28,425 |
| ANDREW MAYLOR | ASST TREAS, VP FINANCE & OPS & CFO Officer | 40 | $214,719 | $1,402 |
| ERIC KNOX | AVP OF FINANCE & CONTROLLER Highest-paid employee | 40 | $177,292 | $14,530 |
| HENRY PUGH | ASST CLERK, EXEC ASST TO PRESIDENT Officer | 40 | $79,884 | $37,328 |
| DEREK PINTO | FORMER ASST TREASURER, VP ADMIN. Former | 40 | $104,705 | $0 |
| GERRY DEROCHE | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| LORI HINDLE | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| PETER SCHULTE | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| JOE MARAIA | CLERK Trustee or director, Officer | 1 | $0 | $0 |
| KARL VASILOFF | TRUSTEE Trustee or director | 1 | $0 | $0 |
| RENA CLARK | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JOHN DORAN | TRUSTEE (UNTIL OCT. 2023) Trustee or director | 1 | $0 | $0 |
| SUSAN DUNNE | TRUSTEE (UNTIL OCT. 2023) Trustee or director | 1 | $0 | $0 |
| CARLOS FONSECA | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DAVID HILL | TRUSTEE (UNTIL OCT. 2023) Trustee or director | 1 | $0 | $0 |
| KEON HOLMES | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BRAD KATES | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MERCEDES KELEMEN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DEBBY MAHONEY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DAVID MCINNIS | TRUSTEE (UNTIL OCT. 2023) Trustee or director | 1 | $0 | $0 |
| JOHN MCKENNA | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LAURIE PASCAL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| UBIN POKHAREL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| HEIDI RAFFONE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| VICTORIA RAKOV | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BRYAN WARD | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JUDITH WITTENBERG | TRUSTEE Trustee or director | 1 | $0 | $0 |
| GREG HOLMAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 33 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MICHAEL ALEXANDER UNTIL 62023 | PRESIDENT Officer | 40 | $703,606 | $52,319 |
| ANNE E DOYLE UNTIL 102022 | VP, UNIVERSITY / PRES., VILLAGE Highest-paid employee | 10 | $264,100 | $16,411 |
| ERIC TURNER | VP ACADEMIC AFFAIRS / PROVOST Highest-paid employee | 40 | $233,401 | $43,297 |
| CHELSEA GWYTHER | VP DEVELOPMENT AND ALUMNI RELATIONS Highest-paid employee | 40 | $233,159 | $37,575 |
| CHRYSTAL PORTER | VP ENROLLMENT MANAGEMENT Highest-paid employee | 40 | $208,562 | $49,689 |
| DEREK PINTO | ASST TREASURER, VP ADMIN. SERVICES Officer | 40 | $215,456 | $10,857 |
| JENNIFER OKEEFFE | CHIEF OF STAFF AND GENERAL COUNSEL Highest-paid employee | 40 | $188,024 | $26,156 |
| ERIC KNOX | ASST. TREASURER / AVPFA & CONTROLLER Officer | 40 | $162,697 | $12,658 |
| HENRY PUGH | ASST CLERK, EXEC ASST TO PRESIDENT Officer | 40 | $78,199 | $33,979 |
| ANDREW MAYLOR | ASST TREAS, VP FINANCE & OPER & CFO Officer | 40 | $10,861 | $0 |
| GERRY DEROCHE | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| LORI HINDLE | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| PETER SCHULTE | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| KARL VASILOFF | CLERK Trustee or director, Officer | 1 | $0 | $0 |
| RENA CLARK | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MICHAEL CONNOR | TRUSTEE (UNTIL 9/22) Trustee or director | 1 | $0 | $0 |
| JOHN DORAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SUSAN DUNNE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CARLOS FONSECA | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DAVID HILL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KEON HOLMES | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BRAD KATES | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MERCEDES KELEMEN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DEBBY MAHONEY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JOE MARAIA | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DAVID MCINNIS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JOHN MCKENNA | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LAURIE PASCAL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| UBIN POKHAREL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| HEIDI RAFFONE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| VICTORIA RAKOV | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BRYAN WARD | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JUDITH WITTENBERG | TRUSTEE Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1844 COMMONWEALTH AVE, NEWTON, MA 02466-2709
- In care of
- % LASELL UNIVERSITY
- Principal officer (990 for 2024)
- ERIC M TURNER, 1844 COMMONWEALTH AVENUE, NEWTON, MA 024662709
- Signed the 990
- ANDREW MAYLOR, CFO, COO, VP OF STRATEGIC INIT
- Phone
- (617) 243-2000
- Website
- WWW.LASELL.EDU
- Return prepared by
- CBIZ ADVISORS LLC
Mission
WE IMMERSE STUDENTS IN EXPERIENTIAL AND COLLABORATIVE LEARNING THAT FOSTERS LIFELONG INTELLECTUAL EXPLORATION AND SOCIAL RESPONSIBILITY.
Program accomplishments
- LASELL UNIVERSITY IS A COMPREHENSIVE COEDUCATIONAL UNIVERSITY WHICH OFFERS PROFESSIONALLY ORIENTED BACHELOR'S AND MASTER'S DEGREE PROGRAMS, INCLUDING MORE THAN 25 ACADEMIC MAJORS.OUR STUDENTS ARE GIVEN THE OPPORTUNITY TO PRACTICE AND PREPARE FOR THE REAL WORLD THROUGH A PROJECT-BASED AND PROBLEM-BASED APPROACH TO TEACHING, THROUGH EXPOSURE TO DIVERSE CULTURES AND PEOPLES, THROUGH THE DEVELOPMENT OF CRITICAL SKILLS SUCH AS WRITING AND SPEAKING IN FRONT OF GROUPS, AND THROUGH CONFRONTATION WITH ETHICAL AND MORAL QUESTIONS.LASELL UNIVERSITY IS KNOWN FOR HELPING STUDENTS MAKE THE CONNECTION BETWEEN CLASSROOM LESSONS AND REAL LIFE THROUGH HANDS-ON ACTIVITIES SUCH AS INTERNSHIPS, PRACTICAL, SERVICE LEARNING, AND MEANINGFUL PROJECTS. CONNECTED LEARNING AT LASELL UNIVERSITY INVOLVES STUDENTS DIRECTLY AND ACTIVELY IN THE FIELDS THEY ARE LEARNING. IN ALL MAJORS, STUDENTS EXPLORE REAL ISSUES, EVENTS, PROBLEMS, AND SOLUTIONS. LASELL UNIVERSITY FACULTY ARE COMMITTED TO CREATIVELY INTEGRATING CHALLENGING COURSEWORK WITH PRACTICAL EXPERIENCE IN AN ENVIRONMENT THAT FOSTERS LIFELONG INTELLECTUAL EXPLORATION, ACTIVE CITIZENSHIP AND SOCIAL RESPONSIBILTIY.Expenses $60,117,533 · grants $14,771,824 · revenue $53,911,409
- PROVIDED MANAGEMENT AND EDUCATIONAL SERVICES TO LASELL VILLAGE, INC., A TAX-EXEMPT AFFILIATE, FUNCTIONS THAT ARE INTEGRAL TO THE CONDUCT OF THE EXEMPT FUNCTIONS OF LASELL VILLAGE, INC.Expenses $842,384 · revenue $1,738,048
- PROVIDED FACILITIES FOR OTHER EDUCATIONAL ORGANIZATIONS TO CONDUCT EDUCATIONAL PROGRAMS AND TO PROVIDE HOUSING TO STUDENTS.Expenses $756,036 · revenue $1,258,518
- PROVIDED COLLABORATIVE POLICE AND INFORMATION TECHNOLOGY SERVICES WITH ANOTHER LOCAL COLLEGE, FUNCTIONS THAT ARE INTEGRAL TO THE CONDUCT OF THE EXEMPT FUNCTIONS OF THAT COLLEGE, WITH THE GOAL OF PROVIDING QUALITY SERVICES TO EACH COLLEGE CAMPUS IN A COST EFFECTIVE MANNER.Expenses $446,628 · revenue $1,190,418
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 04-2103585
- 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
- 1928
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B420)
- Assets (IRS master file)
- $130,812,275
- Income (IRS master file)
- $76,122,943
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $68,292,346 | $71,532,398 | $130,812,275 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $81,014,237 | $68,536,596 | $129,643,451 | IRS |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $78,954,053 | $92,945,178 | $119,807,608 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $87,640,510 | $92,286,404 | $134,108,713 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 04-2103585).
Questions about LASELL UNIVERSITY
- What is the EIN of LASELL UNIVERSITY?
- The employer identification number (EIN) of LASELL UNIVERSITY is 04-2103585.
- Is LASELL UNIVERSITY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1928.
- Are donations to LASELL UNIVERSITY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LASELL 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 LASELL UNIVERSITY due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LASELL UNIVERSITY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of LASELL UNIVERSITY?
- The 990 for the year ended June 30, 2025 names ERIC M TURNER.
- Who are the officers and directors of LASELL UNIVERSITY?
- The 990 for the year ended June 30, 2025 lists 29 people; 8 received compensation from the organization, the highest $382,748 (ERIC TURNER, PRESIDENT).
- How much revenue does LASELL UNIVERSITY have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $68,292,346, expenses of $71,532,398 and total assets of $130,812,275 at year end.
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