Nonprofit · EIN 38-1308480
WALSH COLLEGE OF ACCOUNTANCY AND BUSINESS ADMINISTRATION
Tax-exempt · TROY, MI 48083
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990 | $20,137,311 | $19,430,406 | $706,905 | $47,424,476 | $2,363,983 | $45,060,493 |
| August 31, 2024 | 990 | $17,230,490 | $21,477,588 | -$4,247,098 | $47,145,742 | $3,460,115 | $43,685,627 |
| August 31, 2023 | 990 | $20,850,965 | $23,356,960 | -$2,505,995 | $60,546,931 | $15,034,400 | $45,512,531 |
Financial details: 990 for the year ended August 31, 2025
Revenue
- Contributions, gifts and grants
- $2,375,484
- Program service revenue
- $17,282,667
- Investment income
- $479,160
- Net gain from sales of assets
- $129,565
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $1,339,688
- Compensation of officers, directors and key employees
- $895,696
- Other salaries and wages
- $7,375,874
- Salaries, compensation and benefits (total)
- $10,149,122
- Professional fundraising fees
- $0
- Legal fees
- $183,663
- Accounting fees
- $104,762
- Occupancy
- $627,955
- Travel
- $114,337
- Depreciation
- $1,529,579
- Program services (functional)
- $15,911,979
- Management and general (functional)
- $3,089,921
- Fundraising (functional)
- $428,506
Balance sheet and other
- Total assets, start of year
- $47,145,742
- Total assets, end of year
- $47,424,476
- Total liabilities, end of year
- $2,363,983
- Net assets, end of year
- $45,060,493
- Land, buildings and equipment
- $22,040,288
- Publicly traded securities
- $13,487,354
- Net assets without donor restrictions
- $43,121,895
- Net assets with donor restrictions
- $1,938,598
- Gross unrelated business income
- $26,938
- Gross receipts
- $22,846,831
- Employees
- 219
- Volunteers
- 7
- Year formed
- 1922
- State of legal domicile
- MI
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 August 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SUZANNE SIEGLE | PRESIDENT & CEO Trustee or director, Officer | 37.5 | $311,498 | $24,800 |
| DAVE SCHIPPERS | PROVOST & CHIEF OFFICER, ACADEMICS Officer | 37.5 | $274,599 | $39,956 |
| CHRISTOPHER MICHAEL HEIDEN | ASSOCIATE PROFESSOR INFORMATION TECHNOLOGY Highest-paid employee | 37.5 | $230,388 | $53,361 |
| MARIA ANN GISTINGER | PROFESSOR ACCOUNTING FACULTY Highest-paid employee | 37.5 | $212,772 | $35,828 |
| TOM PETZ | CHIEF OPERATING OFFICER (LEFT 09/2024) Officer | 37.5 | $206,961 | $37,883 |
| JOHN A MOORE | PROFESSOR FACULTY CHAIR ACCO Highest-paid employee | 37.5 | $197,803 | $28,021 |
| MICHAEL A RINKUS | PROFESSOR FINANCE FACULTY Highest-paid employee | 37.5 | $167,415 | $36,918 |
| ERIK JOHN VANDYCK | VICE PRESIDENT, CORPORATE ENGAGEMENT Key employee | 37.5 | $157,548 | $36,758 |
| WILLIAM MICHAEL GRESHAK | PROFESSOR FINANCE FACULTY Highest-paid employee | 37.5 | $162,511 | $31,636 |
| JACLYN PUMMILL | CHIEF OFFICER, PEOPLE OPERATIONS & STRATEGY Officer | 37.5 | $168,229 | $23,245 |
| JOEY LYNN BIALKOWSKI | CHIEF OFFICER, ENROLLMENT, MARKETING, AND STUDENT SUCCESS Officer | 37.5 | $64,076 | $4,250 |
| DAVID J PETOSKEY | TRUSTEE/CHAIR Trustee or director, Officer | 0.3 | $0 | $0 |
| LOUIS C SCHMIDT JR | TRUSTEE/VICE CHAIR Trustee or director, Officer | 0.3 | $0 | $0 |
| BRIAN PILARSKI | TRUSTEE Trustee or director | 0.3 | $0 | $0 |
| DAVID C LEWIS SR | TRUSTEE Trustee or director | 0.3 | $0 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GERALD SCHAFER | TRUSTEE Trustee or director | 0.3 | $0 |
| MICHAEL J PLOTZKE | TRUSTEE Trustee or director | 0.3 | $0 |
| MICHELLE ACCIAVATTI | TRUSTEE Trustee or director | 0.3 | $0 |
990 for the year ended August 31, 2024: 31 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| THOMAS PETZ | CHIEF OPERATING OFFICER Officer | 40 | $258,731 | $53,650 |
| SUZANNE SIEGLE | PRESIDENT & CEO Officer | 40 | $276,143 | $24,021 |
| MARIA ANN GISTINGER | FACULTY Highest-paid employee | 40 | $254,437 | $40,105 |
| DAVE SCHIPPERS | CHIEF ACADEMIC OFFICER Officer | 40 | $241,215 | $22,541 |
| TERRI L RICHARDS | FACULTY Highest-paid employee | 40 | $201,473 | $36,442 |
| CHRISTOPHER MICHA HEIDEN | FACULTY Highest-paid employee | 40 | $192,503 | $38,553 |
| JOHN A MOORE | FACULTY Highest-paid employee | 40 | $187,814 | $36,567 |
| JAVAD KATIBAI | FACULTY Highest-paid employee | 40 | $182,812 | $16,546 |
| RYAN MATTHEW ROBINET | VP, ADVANCEMENT (LEFT 11/2023) Officer | 40 | $152,011 | $20,097 |
| ERIK VANDYCK | VP, CORPORATE ENGAGEMENT Officer | 40 | $112,540 | $34,890 |
| LESLIE ANN MILLER | VP, CFO, TREASURER Former | 40 | $109,364 | $22,533 |
| SHANNON HERBST | VP, CFO Officer | 40 | $95,344 | $20,071 |
| MICHAEL LEVENS | PRESIDENT & CEO Former | 40 | $112,673 | $0 |
| JACLYN PUMMILL | CHEIF OFFICER PEOPLE OPERATIONS & STRATEGY Officer | 40 | $83,737 | $12,969 |
| DAVID J PETOSKY | TRUSTEE/CHAIR Trustee or director, Officer | 0.3 | $0 | $0 |
| LOUIS C SCHMIDT JR | TRUSTEE/VICE CHAIR Trustee or director, Officer | 0.3 | $0 | $0 |
| A MARK ZEFFIRO | TRSUTEE Trustee or director | 0.3 | $0 | $0 |
| ALAN J KAUFMAN JD | TRUSTEE Trustee or director | 0.3 | $0 | $0 |
| BRIAN PILARSKI | TRUSTEE Trustee or director | 0.3 | $0 | $0 |
| DAVID C LEWIS SR | TRUSTEE Trustee or director | 0.3 | $0 | $0 |
| DAVID F GIRODAT | TRUSTEE Trustee or director | 0.3 | $0 | $0 |
| GERALD CHIDDICK | TRUSTEE Trustee or director | 0.3 | $0 | $0 |
| GERALD SCHAFER | TRUSTEE Trustee or director | 0.3 | $0 | $0 |
| JACKIE BUCHANAN | TRUSTEE Trustee or director | 0.3 | $0 | $0 |
| KATHLEEN M KOSMATKA | TRUSTEE Trustee or director | 0.3 | $0 | $0 |
| MICHAEL DAVENPORT | TRUSTEE Trustee or director | 0.3 | $0 | $0 |
| MICHAEL J PLOTZKE | TRUSTEE Trustee or director | 0.3 | $0 | $0 |
| MICHELLE ACCIAVATTI | TRUSTEE Trustee or director | 0.3 | $0 | $0 |
| THOMAS W PROCTOR | TRSUTEE Trustee or director | 0.3 | $0 | $0 |
| VAN CONWAY | TRUSTEE Trustee or director | 0.3 | $0 | $0 |
| WILLIAM C RONEY III | TRUSTEE Trustee or director | 0.3 | $0 | $0 |
990 for the year ended August 31, 2023: 32 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MICHAEL LEVENS LEFT 422 | PRESIDENT & CFO Former | 40 | $399,762 | $23,198 |
| THOMAS PETZ | CHIEF OPERATING OFFICER Officer | 40 | $258,223 | $42,243 |
| SUZANNE SIEGLE | PRESIDENT & CEO Officer | 40 | $237,100 | $21,543 |
| RICHARD BERSCHBACK | FACULTY Highest-paid employee | 40 | $215,034 | $43,007 |
| DAVE SCHIPPERS | CHIEF ACADEMIC OFFICER Officer | 40 | $220,830 | $15,325 |
| JENNY TATSAK | FACULTY Highest-paid employee | 40 | $175,341 | $46,811 |
| TERRI RICHARDS | FACULTY Highest-paid employee | 40 | $184,069 | $26,160 |
| WILLIAM GRESHAK | FACULTY Highest-paid employee | 40 | $179,487 | $26,101 |
| JAVAD KATIBAI | FACULTY Highest-paid employee | 40 | $179,384 | $15,988 |
| TERESA ESSHAKI LEFT 0922 | CFO & TREASURER Officer | 40 | $172,223 | $16,213 |
| ELIZABETH BARNES LEFT 0622 | VP, HUMAN RESOURCES Former | 40 | $108,324 | $20,335 |
| VERONICA RICHARDS LEFT 0123 | VP, HUMAN RESOURCES Officer | 40 | $71,734 | $6,240 |
| LESLIE MILLER LEFT 0423 | VP, CFO, TREASURER Officer | 40 | $37,019 | $8,892 |
| DAVID J PETOSKEY | TRUSTEE/CHAIR Trustee or director, Officer | 0.3 | $0 | $0 |
| LOUIS C SCHMIDT JR | TRUSTEE/VICE CHAIR Trustee or director, Officer | 0.3 | $0 | $0 |
| MICHAEL J PLOTZKE | TRUSTEE Trustee or director | 0.3 | $0 | $0 |
| JACKIE BUCHANAN | TRUSTEE Trustee or director | 0.3 | $0 | $0 |
| MICHELLE ACCIAVATTI | TRUSTEE Trustee or director | 0.3 | $0 | $0 |
| VAN CONWAY | TRUSTEE Trustee or director | 0.3 | $0 | $0 |
| MICHAEL DAVENPORT | TRUSTEE Trustee or director | 0.3 | $0 | $0 |
| KATHLEEN M KOSMATKA | TRUSTEE Trustee or director | 0.3 | $0 | $0 |
| DAVID F GIRODAT | TRUSTEE Trustee or director | 0.3 | $0 | $0 |
| DENNIS HARDER | TRUSTEE Trustee or director | 0.3 | $0 | $0 |
| GERALD SCHAFER | TRUSTEE Trustee or director | 0.3 | $0 | $0 |
| DAVID C LEWIS SR | TRUSTEE Trustee or director | 0.3 | $0 | $0 |
| BRIAN PILARSKI | TRUSTEE Trustee or director | 0.3 | $0 | $0 |
| WILLIAM C RONEY III | TRUSTEE Trustee or director | 0.3 | $0 | $0 |
| GERALD CHIDDICK LEFT 0823 | TRUSTEE Trustee or director | 0.3 | $0 | $0 |
| MICHELE HONOMICHL LEFT 0823 | TRUSTEE Trustee or director | 0.3 | $0 | $0 |
| ALAN J KAUFMAN LEFT 0823 | TRUSTEE Trustee or director | 0.3 | $0 | $0 |
| THOMAS W PROCTOR LEFT 0823 | TRUSTEE Trustee or director | 0.3 | $0 | $0 |
| A MARK ZEFFIRO LEFT 0823 | TRUSTEE Trustee or director | 0.3 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 3838 LIVERNOIS RD, TROY, MI 48083-5066
- In care of
- % SUZANNE SIEGLE
- Principal officer (990 for 2024)
- SUZANNE SIEGLE, 3838 LIVERNOIS RD, TROY, MI 48083
- Signed the 990
- SUZANNE SIEGLE, PRESIDENT & CEO
- Phone
- (248) 689-8282
- Website
- WWW.WALSHCOLLEGE.EDU
- Return prepared by
- Forvis Mazars LLP
Mission
WALSH PROVIDES A TRANSFORMATIVE BUSINESS AND TECHNOLOGY EDUCATION THAT COMBINES THEORY, APPLICATION, AND PROFESSIONAL EXPERIENCE TO PREPARE GRADUATES FOR SUCCESSFUL CAREERS.
Program accomplishments
- WALSH PROVIDES A TRANSFORMATIVE BUSINESS AND TECHNOLOGY EDUCATION THAT COMBINES THEORY, APPLICATION, AND PROFESSIONAL EXPERIENCE TO PREPARE GRADUATES FOR SUCCESSFUL CAREERS. PROGRAMS INCLUDE HANDS-ON CURRICULUM DELIVERED IN SMALL CLASS SETTINGS, BOTH ON GROUND AND VIRTUALLY, SYNCHRONOUS AND ASYNCHRONOUS, BY ACADEMIC FACULTY WITH REAL-WORLD EXPERIENCE. MORE THAN 1,000 STUDENTS WERE ENROLLED FOR FY 2024-2025.Expenses $9,719,012 · revenue $17,282,667
- STUDENT SERVICES WALSH PROVIDES STUDENTS A STRONG NETWORK OF SUPPORT INCLUDING ADMISSIONS AND ACADEMIC ADVISING, FINANCIAL AID, VETERAN SERVICES, STUDENT LIFE, ACADEMIC TUTORING, AND CAREER SERVICES. SUPPORT BEGINS WITH ADMISSIONS ADVISORS AT THE FIRST ADMISSIONS INQUIRY AND CONTINUES BEYOND GRADUATION WITH OUR EXTENSIVE RANGE OF CAREER SERVICES.Expenses $3,553,225
- SCHOLARSHIPS A VARIETY OF SCHOLARSHIPS ARE AVAILABLE TO INCOMING UNDERGRADUATE AND GRADUATE STUDENTS AND INCLUDE ACADEMIC AWARDS, COMMUNITY COLLEGE EXCELLENCE AWARDS, AND MULTICULTURAL AWARDS.Expenses $1,339,688 · grants $1,339,688
- OTHER PROGRAM SERVICES THE WALSH LIBRARY COLLECTION CONSISTS OF APPROXIMATELY 25,000 VOLUMES TOTALLY FOCUSED TO SUPPORT THE BUSINESS PROGRAMS OFFERED AT WALSH. IN ADDITION, THERE ARE OVER 742,000 E-BOOKS AND 123 ONLINE DATABASES.Expenses $1,439,033
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 August, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | August 31, 2026 | January 15, 2027 | Not due yet |
| 2024 | August 31, 2025 | January 15, 2026 | 990 on file |
| 2023 | August 31, 2024 | January 15, 2025 | 990 on file |
IRS record
- EIN
- 38-1308480
- 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
- 1949
- Accounting year ends
- August
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B51Z)
- Assets (IRS master file)
- $47,424,476
- Income (IRS master file)
- $22,846,831
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | August 2025 | $20,137,311 | $19,430,406 | $47,424,476 | XML |
| 990-T | August 2025 | – | – | – | IRS |
| 990 | August 2024 | $17,230,490 | $21,477,588 | $47,145,742 | XML |
| 990-T | August 2024 | – | – | – | IRS |
| 990 | August 2023 | $20,850,965 | $23,356,960 | $60,546,931 | XML |
| 990-T | August 2023 | – | – | – | IRS |
| 990 | August 2022 | $23,383,716 | $23,650,490 | $63,204,897 | IRS |
| 990-T | August 2022 | – | – | – | IRS |
| 990 | August 2021 | – | – | – | IRS |
| 990-T | August 2021 | – | – | – | IRS |
| 990 | August 2020 | – | – | – | IRS |
| 990 | August 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 38-1308480).
Questions about WALSH COLLEGE OF ACCOUNTANCY AND BUSINESS ADMINISTRATION
- What is the EIN of WALSH COLLEGE OF ACCOUNTANCY AND BUSINESS ADMINISTRATION?
- The employer identification number (EIN) of WALSH COLLEGE OF ACCOUNTANCY AND BUSINESS ADMINISTRATION is 38-1308480.
- Is WALSH COLLEGE OF ACCOUNTANCY AND BUSINESS ADMINISTRATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1949.
- Are donations to WALSH COLLEGE OF ACCOUNTANCY AND BUSINESS ADMINISTRATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WALSH COLLEGE OF ACCOUNTANCY AND BUSINESS ADMINISTRATION 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 WALSH COLLEGE OF ACCOUNTANCY AND BUSINESS ADMINISTRATION due?
- The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WALSH COLLEGE OF ACCOUNTANCY AND BUSINESS ADMINISTRATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended August 2025.
- Who is the principal officer of WALSH COLLEGE OF ACCOUNTANCY AND BUSINESS ADMINISTRATION?
- The 990 for the year ended August 31, 2025 names SUZANNE SIEGLE.
- Who are the officers and directors of WALSH COLLEGE OF ACCOUNTANCY AND BUSINESS ADMINISTRATION?
- The 990 for the year ended August 31, 2025 lists 18 people; 11 received compensation from the organization, the highest $311,498 (SUZANNE SIEGLE, PRESIDENT & CEO).
- How much revenue does WALSH COLLEGE OF ACCOUNTANCY AND BUSINESS ADMINISTRATION have?
- On its 990 for the year ended August 31, 2025 it reported revenue of $20,137,311, expenses of $19,430,406 and total assets of $47,424,476 at year end.
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