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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Education Assumption University

Assumption University

Fiscal year ending 2021. Filed on April 14, 2022.

500 Salisbury Street
Worcester, Massachusetts 01609

Assumption University (EIN: 04-2105776) has filed an IRS Form 990 between fiscal years 2016 and 2024. In its fiscal year 2021 IRS Form 990 filing, Assumption University, a 501(c)(3) charitable organization, reported compensation for 14 out of 1,115 total employees. Among the employees shown here, the average compensation is $239,475. The highest compensated employee at Assumption University is Francesco Cesareo with fiscal year 2021 compensation of $683,750. Assumption University changed its name from Assumption College in 2021.

Revenue, expenses, and employee compensation

Revenue

$147,045,190

Expenses

$121,097,485

Employee compensation

$38,412,095
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Francesco Cesareo
President
$683,750
$548,773 No related comp$134,977
Timothy Stanton
Vice President, Institutional Advancement
$297,820
$231,179 No related comp$66,641
Robert Mirabile
Vice President, Enrollment Management
$246,259
$203,218 No related comp$43,041
James Benestad
Professor
$244,772
$229,140 No related comp$15,632
Peter Wells
Treasurer, Vice President Finance and Admin
$229,468
$187,833 No related comp$41,635
Deborah Cady Melzer
Vice President of Student Affairs (From 1/6/20)
$216,392
$166,736 No related comp$49,656
Gregory Weiner
VICE President/Provost
$214,430
$174,055 No related comp$40,375
Raymond Albert
Director
$213,181
$188,166 No related comp$25,015
Paul Ady
Associate Professor
$199,463
$179,558 No related comp$19,905
Kevin Carlin
Associate Professor
$190,610
$169,355 No related comp$21,255
William Katcher
Associate Professor
$173,888
$167,189 No related comp$6,699
Michael Guilfoyle
Executive Director
$167,238
$154,802 No related comp$12,436

Benchmark Employee Compensation

Non-Employee Board Members

Alison C Kenary
Trustee
Andrew Viens
Trustee
Carl Cafaro
Trustee
Carolyn M Clancy
Trustee
Christine Cannon Marcks
Trustee
Dr Michael Kelly
Trustee
Dr Stephen Skoly Jr
Trustee
Francis Bedard
Trustee
Harris MacNeill
Trustee
James Krukones
Trustee
Jon Weaver
Trustee
Joseph Spillane
Trustee

Contractors

Lauring Construction CO Inc.
Construction
$12,322,654
Sodexo Inc.
Dining and Facilities
$5,927,719
Jj Bafaro
Mechanical Contractor
$507,858
Bowditch & Dewey
Legal
$168,476
Rsm US LLP
Accounting and Tax
$128,624

Mission Statement

ASSUMPTION UNIVERSITY IS A COMPREHENSIVE, CATHOLIC LIBERAL ARTS INSTITUTION SPONSORED BY THE AUGUSTINIANS OF THE ASSUMPTION. WE AWAKEN IN STUDENTS A SENSE OF WONDER, DISCOVERY, AND PURPOSE, FORMING GRADUATES KNOWN FOR THEIR INTELLECTUAL SERIOUSNESS, THOUGHTFUL CITIZENSHIP, AND DEVOTION TO THE COMMON GOOD. OUR CURRICULAR AND CO-CURRICULAR PROGRAMS PROVIDE STUDENTS WITH AN EDUCATION THAT SHAPES THEIR SOULS, FORMS THEM INTELLECTUALLY, AND PREPARES THEM FOR MEANINGFUL CAREERS. WE ARE A DIVERSE COMMUNITY THAT WELCOMES DIFFERENT POINTS OF VIEW AND EMBRACES ALL WHO SHARE OUR MISSION. ENLIVENED BY THE CATHOLIC AFFIRMATION OF THE HARMONY OF FAITH AND REASON, AND BY THE PURSUIT OF THE TRUTH IN THE COMPANY OF FRIENDS, AN ASSUMPTION EDUCATION TRANSFORMS THE MIND AND HEARTS OF STUDENTS.

Revisions to this organization profile

April 15, 2025:
2024 Assumption University 990 filed
April 11, 2024:
2023 Assumption University 990 filed
April 18, 2023:
2022 Assumption University 990 filed

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