Compensation 990

Lake Erie College of Osteopathic Medicine

Fiscal year ending 2023. Filed on May 13, 2024.

5515 Peach Street
Erie, Pennsylvania 16509

Lake Erie College of Osteopathic Medicine (EIN: 25-1698677) has filed an IRS Form 990 between fiscal years 2016 and 2023. In its fiscal year 2023 IRS Form 990 filing, Lake Erie College of Osteopathic Medicine, a 501(c)(3) charitable organization, reported compensation for 11 out of 883 total employees. Among the employees shown here, the average compensation is $613,319. The highest compensated employee at Lake Erie College of Osteopathic Medicine is Silvia M Ferretti, Do with fiscal year 2023 compensation of $1,560,918.

Revenue, expenses, and employee compensation

Revenue

$201,532,502

Expenses

$121,233,796

Employee compensation

$50,056,914
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

＋10.7%vs 2022
Silvia M Ferretti, Do
Provost/Vp of Academics
$1,560,918
$1,530,100 from orgNo related comp$30,818 other
＋19.2%vs 2022
John M Ferretti, Do
President and Chief Executive Officer
$1,362,384
$1,331,566 from orgNo related comp$30,818 other
＋3.6%vs 2022
Mary L Eckert
Secretary
$713,020
$12,045 from org$673,942 from related$27,033 other
＋7.3%vs 2022
James Y Lin, Do
Trustee
$549,888
$0 from org$506,484 from related$43,404 other
＋4.2%vs 2022
Michael Rowane, Do
Professor
$398,677
$354,445 from orgNo related comp$44,232 other
＋4.3%vs 2022
Richard Terry, Do
Regional DEAN, Chief Acade
$383,652
$339,420 from orgNo related comp$44,232 other
＋3.8%vs 2022
Mark Kauffman, Do
Associate DEAN of Academic
$368,651
$338,034 from orgNo related comp$30,617 other
＋15.1%vs 2022
Steven G Inman, Cpa, Cgma
Vice President, Fiscal Affairs and Chief Financial Officer
$362,506
$332,130 from orgNo related comp$30,376 other
＋3.2%vs 2022
Matthew Bateman, Ph.D.
DEAN - School of Dental ME
$360,901
$321,518 from orgNo related comp$39,383 other
＋2.6%vs 2022
Dennis M Styn
Trustee
$349,893
$0 from org$307,325 from related$42,568 other
New in 2023
Richard Ferretti
Risk Management Director
$336,020
$299,054 from orgNo related comp$36,966 other

Non-Employee Board Members

New in 2023
Richard P Olinger
Treasurer
$124,240
$5,586 from org$101,143 from related$17,511 other
New in 2023
Thomas J Wedzik
Trustee
$22,750
$22,750 from orgNo related compNo other comp
Suzanne K Kelley, Do
Trustee
No compensation reported
Gerald P Alonge
Trustee
No compensation reported
Nancy Peaden
Trustee
No compensation reported
Marlene D Mosco
Chair
No compensation reported
Joan L Moore, Do
Trustee
No compensation reported

Mission Statement

THE MISSION OF LAKE ERIE COLLEGE OF OSTEOPATHIC MEDICINE (LECOM) IS TO PREPARE STUDENTS TO BECOME OSTEOPATHIC PHYSICIANS, PHARMACY PRACTITIONERS AND DENTISTS THROUGH PROGRAMS OF EXCELLENCE IN EDUCATION, RESEARCH, CLINICAL CARE, AND COMMUNITY SERVICES TO ENHANCE THE QUALITY OF LIFE THROUGH IMPROVED HEALTH FOR ALL HUMANITY.

Revisions to this organization profile

May 13, 2024:
2023 Lake Erie College of Osteopathic Medicine 990 filed
May 12, 2023:
2022 Lake Erie College of Osteopathic Medicine 990 filed
May 12, 2022:
2021 Lake Erie College of Osteopathic Medicine 990 filed

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