NonprofitsLake Erie College Of Osteopathic Medicine Inc

Education

Lake Erie College Of Osteopathic Medicine Inc

ERIE, PA

Total revenue

$222.1M

Total expenses

$126.6M

Net assets

$963.7M

Grants received

$1.4M

41 grants

EIN

251698677

Tax year

2023

Mission

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.

Financials

FY 2023

Revenue

Contributions & grants$17.4M
Program service revenue$167.8M
Investment income$27.4M
Other revenue$9.4M
Total revenue$222.1M

Expenses

Grants paid$2.8M
Salaries & benefits$55.6M
Fundraising
Other expenses$68.2M
Total expenses$126.6M
Total assets$1.1B
Net assets$963.7M

People

16 listed

NameRoleCompensation

SILVIA M FERRETTI DO

PROVOST/VP OF ACADEMICS

Board

$1.6M

73 hrs/wk

JOHN M FERRETTI DO

PRESIDENT/CEO

Board

$1.5M

56 hrs/wk

STEVEN G INMAN CPA CGMA

VP FISCAL AFFAIRS/CFO

Board

$382K

28 hrs/wk

THOMAS J WEDZIK

TRUSTEE

Board

$31K

1 hrs/wk

MARY L ECKERT

SECRETARY

Board

$12K

4 hrs/wk

JOAN L MOORE DO

TRUSTEE

Board

1 hrs/wk

JAMES Y LIN DO

TRUSTEE

Board

1 hrs/wk

DENNIS M STYN

TRUSTEE

Board

5 hrs/wk

MARLENE D MOSCO

CHAIRMAN

Board

1 hrs/wk

SUZANNE K KELLEY DO

TRUSTEE

Board

1 hrs/wk

NANCY PEADEN

TRUSTEE

Board

1 hrs/wk

RICHARD TERRY DO

ASSOCIATE DEAN OF ACADEMIC AFFAIRS

Staff

$374K

40 hrs/wk

MICHAEL ROWANE DO

ASSOCIATE DEAN OF CLINICAL EDUCATION

Staff

$367K

40 hrs/wk

MARK KAUFFMAN DO

ASSOCIATE DEAN OF ACADEMIC AFFAIRS

Staff

$351K

40 hrs/wk

MATTHEW BATEMAN PHD

ASSISTANT PROVOST OF INSTITUTIONAL EFFECTIVENESS

Staff

$327K

40 hrs/wk

JOSEPH COPPOLA DO

PHYSICIAN

Staff

$320K

40 hrs/wk

Independent contractors

JAS MANAGEMENT

MANAGEMENT FEES

$960K

TRAVIS SMITH

ASSOCIATE DEAN

$357K

SCOTT CONSULTING

REGIONAL DEAN

$120K

EDWRITE CONSULTING

LECOM ACCREDITATION SUPPORT

$102K

Grants received

Showing 41 of 41

FromAmountPurposeYear
$114K
VARIOUS PROJECTS
2024
$70K
GENERAL SUPPORT
2024
$15K
5K RUN
2024
$15K
5K RUN
2024
$15K
FOR RECIPIENT'S EXEMPT PURPOSE
2024
$15K
Education
2024
$99K
VARIOUS PROJECTS
2023
$75K
GENERAL SUPPORT
2023
$35K
CARE OF ILL, NEEDY, OR MINOR
2023
$10K
YOUTH EDUCATION
2023
$10K
YOUTH EDUCATION
2023
$112K
VARIOUS PROJECTS
2022
$75K
GENERAL SUPPORT
2022
$40K
CARE OF ILL, NEEDY, OR MINOR
2022
$166K
VARIOUS PROJECTS
2020
$138K
CARE OF ILL, NEEDY, OR MINOR
2020
$76K
GENERAL SUPPORT
2020
$23K
EDUCATION
2020
$8K
2020 THE MARY BARBARA PRICE LUTHERAN SCHOLARSHIP AWARD
2020
$2K
GENERAL PURPOSE
2020
$2K
GENERAL PURPOSE
2020
$66K
DONATION TO ASSIST WITH ORGANIZATIONS PROGRAMS
2019
$10K
WHITE COAT PURCHASES
2019
$4K
SCHOLARSHIPS & UNRESTRICTED
2019
$18K
To fund research for the advancement of the osteopathic profession.
2017
$15K
SCHOLARSHIPS/GRANTS
2017
$5K
SAFETY INITIATIVES
2017

Funded by

$1.4M from 19 funders · 41 grants · 2017–2024

Erie Community Foundation

$491K · 4 grants · 2020–2024

Pga Tour Inc

$296K · 4 grants · 2020–2024

National Association For The Exchange Of

$213K · 3 grants · 2020–2023

Chautauqua Region Economic

$66K · 1 grant · 2019

Pirates Charities

$50K · 4 grants · 2023–2024

Thrivent Charitable Impact & Investing

$48K · 3 grants · 2020–2022

The Wm M & A Cafaro Family Foundation

$38K · 4 grants · 2020–2023

The Rochester General Hospital

$30K · 3 grants · 2023–2024

Details

EIN251698677
NTEE codeB500
Subsection03
Ruling date1994-02
Formed1993
Employees522
Volunteers5
LAKE ERIE COLLEGE OF OSTEOPATHIC MEDICINE INC — Mission, Financials & Grants Received | Grantivo