Walsh University is located in North Canton, OH. The organization was established in 1961. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2023, Walsh University employed 1,133 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Walsh University is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Walsh University generated $81.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $77.7m during the year ending 06/2022. While expenses have increased by 0.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO EDUCATE STUDENTS TO BECOME LEADERS IN SERVICE TO OTHERS THROUGH A VALUES-BASED EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE UNIVERSITY PROVIDES APPROXIMATELY 2,300 STUDENTS FROM 46 STATES AND 35 COUNTRIES A HIGHER EDUCATION THAT FOSTERS CRITICAL THINKING, EFFECTIVE COMMUNICATION, SPIRITUAL GROWTH, AND PERSONAL, PROFESSIONAL AND CULTURAL DEVELOPMENT. THE UNIVERSITY OFFERS THE FOLLOWING DEGREES: ASSOCIATE OF ARTS; ASSOCIATE OF SCIENCE IN COMPUTER SCIENCE; BACHELOR OF ARTS; BACHELOR OF SCIENCE; BACHELOR OF SCIENCE IN EDUCATION; BACHELOR OF SCIENCE IN NURSING; MASTER OF ARTS IN EDUCATION; MASTER OF BUSINESS ADMINISTRATION (MBA); MASTER OF ARTS IN COUNSELING AND HUMAN DEVELOPMENT; MASTER OF ARTS IN THEOLOGY; MASTER OF SCIENCE IN NURSING; MASTER OF OCCUPATIONAL THERAPY; DOCTOR OF NURSING PRACTICE; AND DOCTOR OF PHYSICAL THERAPY. WALSH UNIVERSITY IS ACCREDITED BY THE FOLLOWING ORGANIZATIONS: NORTH CENTRAL ASSOCIATION/HIGHER LEARNING COMMISSION; NATIONAL LEAGUE FOR NURSING ACCREDITING COMMISSION; THE COMMISSION ON ACCREDITATION IN PHYSICAL THERAPY EDUCATION; COUNCIL FOR ACCREDITATION OF COUNSELING AND RELATED EDUCATIONAL PROGRAMS; OHIO DEPARTMENT OF EDUCATION; OHIO BOARD OF COUNSELING & SOCIAL WORK; AND THE AMERICAN PHYSICAL THERAPY ASSOCIATION. WALSH UNIVERSITY'S LIBRARY HOUSES 76,979 VOLUMES, 20 CURRENT PRINT JOURNAL SUBSCRIPTIONS, 3,984 AUDIO VISUAL TITLES ON PHYSICAL MEDIA, 48,193 STREAMING EDUCATIONAL VIDEOS, AND 230 ELECTRONIC DATABASES. THE UNIVERSITY ALSO HAS LINKS TO 462,709 ELECTRONIC BOOKS, AND 113,519 PAID ELECTRONIC JOURNAL SUBSCRIPTIONS. THE WALSH LIBRARY IS A MEMBER OF OCLC, OHIOLINK, OHIONET AND OPAL (OHIO PRIVATE ACADEMIC LIBRARIES) AND ALL LIBRARY RESOURCES ARE SEARCHABLE THROUGH THE INTERNET. THE STUDENT AFFAIRS TEAM IS A DIVERSE COLLECTION OF EDUCATORS COMMITTED TO THE HOLISTIC DEVELOPMENT OF STUDENTS, FIRMLY BELIEVING THAT ALL STUDENTS HAVE THE POTENTIAL TO BECOME VALUABLE ASSETS TO OUR WORLD COMMUNITY. MEMBERS OF THE STUDENT AFFAIRS TEAM EMBODY THE CHRISTIAN VALUES ESPOUSED IN THE UNIVERSITY MISSION STATEMENT, EXEMPLIFIED BY OUR CARE AND CONCERN FOR STUDENTS, RELATIONSHIPS, AND THE COMMUNITY. WALSH UNIVERSITY PROVIDES OVER 750 STUDENTS WITH HOUSING AND DINING SERVICES. SEVERAL OF THE TEN RESIDENCE HALLS ARE NEWLY RENOVATED AND OFFER APARTMENT-STYLE AND SUITE-STYLE LIVING. DINING SERVICE FACILITIES INCLUDE THE SCHERVISH DINING HALL, THE BETZLER GRILLE, THE CAVALIER CAFE AND THE SWORD STOP OFFERING VARIOUS MEAL PLAN SELECTIONS AND DINING INNOVATIONS. WALSH UNIVERSITY'S ATHLETIC PROGRAM OFFERS 21 DIFFERENT MEN'S AND WOMEN'S ATHLETIC TEAMS AND CONTINUES TO ENJOY A WINNING TRADITION. WHILE IN THE NAIA, WALSH WON THE AMERICAN MIDEAST CONFERENCE (AMC) ALL-SPORTS AWARD AND NUMEROUS SPORTS CONFERENCE CHAMPIONSHIPS. WHILE STILL A MEMBER OF THE AMERICAN MIDEAST CONFERENCE THE CAVS PRODUCED CHAMPIONS IN MEN'S SOCCER, MEN'S BASKETBALL, MEN AND WOMEN'S TRACK, VOLLEYBALL AND SOFTBALL. WALSH UNIVERSITY ATHLETICS WERE GRANTED FULL MEMBERSHIP INTO THE NCAA DIVISION II AT THE BEGINNING OF THE 2013-2014 ACADEMIC YEAR. AS FULL MEMBERS OF THE GREAT MIDWEST ATHLETIC CONFERENCE (G-MAC) 19 OF OUR NCAA SPORTS COMPETE FOR G-MAC CONFERENCE CHAMPIONSHIPS WHILE TWO (WOMEN'S AND MEN'S BOWLING) ARE NOT SPONSORED BY THE CONFERENCE. WE HAVE CONTINUED OUR WINNING TRADITIONS IN THE GMAC. DURING FISCAL YEAR 2023, THE UNIVERSITY REPLACED SEVERAL ROOFS ACROSS CAMPUS. THE UNIVERSITY'S WEIGHT ROOM WAS REMODELED TO INCLUDE UP TO DATE EQUIPMENT TO MEET THE NEEDS OF OUR ROBUST STUDENT ATHLETE POPULATION. THE UNIVERSITY ALSO MODERNIZED ITS DOCTORATE OF PHYSICAL THERAPY LEARNING SPACES. CLASSROOMS FOR CLINICAL DECISION MAKING, FUNCTIONAL MOBILITY AND CLINICAL SKILLS WERE REMODELED TO ENHANCE THE LEARNING EXPERIENCE FOR STUDENTS. WALSH UNIVERSITY HAS BEEN CONSISTENTLY RECOGNIZED FOR ITS EXCELLENCE IN ACADEMIC AND STUDENT-FOCUSED PROGRAMMING BY RENOWNED ORGANIZATIONS SUCH AS THE NEWMAN GUIDE TO CHOOSING A CATHOLIC COLLEGE, NATIONAL COLLEGES OF DISTINCTION, U.S. NEWS & WORLD REPORT AS A TOP REGIONAL UNIVERSITY IN THE MIDWEST AND BY VICTORY MEDIA AS A MILITARY FRIENDLY SCHOOL, RANKING IN THE TOP 4 FOR PRIVATE SCHOOLS OFFERING A DOCTORATE. THE UNIVERSITY WAS ALSO AWARDED THE COLLEGIATE PURPLE STAR AWARDS FOR OUR EFFORTS SUPPORTING VETERAN STUDENTS. ALL OF WALSH'S ACCOLADES CAN BE FOUND ON THE UNIVERSITY'S WEBSITE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dr Timothy Collins President | OfficerTrustee | 40 | $349,631 |
Laurel Lusk Treasurer/ VP For Finance | Officer | 40 | $152,490 |
Dr Michael Dunphy VP For Academic Affairs | 40 | $133,904 | |
Dr Pamela Ritzline Dean-School Of Health Science | 40 | $130,701 | |
Dr James Falter Director Of Mba Program | 40 | $125,584 | |
Dr Michael Petrochuk Interim Dean-School Of Bus. | 40 | $115,654 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Sodexo Inc Affiliates Dining Services | 6/29/23 | $2,775,228 |
Worner Roofing Co Inc Construction/repair | 6/29/23 | $1,323,612 |
Keypath Education Educational Services | 6/29/23 | $3,007,513 |
Fred Olivieri Construction Co Construction/repair | 6/29/23 | $856,809 |
Iot Data Analytics Llc Educational Services | 6/29/23 | $375,300 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $111,778 |
Related organizations | $0 |
Government grants | $5,568,523 |
All other contributions, gifts, grants, and similar amounts not included above | $2,714,213 |
Noncash contributions included in lines 1a–1f | $356,430 |
Total Revenue from Contributions, Gifts, Grants & Similar | $8,394,514 |
Total Program Service Revenue | $70,499,807 |
Investment income | $1,293,210 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | -$47,157 |
Net Gain/Loss on Asset Sales | $374,901 |
Net Income from Fundraising Events | -$44,265 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $81,110,683 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $4,035 |
Grants and other assistance to domestic individuals. | $31,209,647 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $684,607 |
Compensation of current officers, directors, key employees. | $684,607 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $19,169,669 |
Pension plan accruals and contributions | $941,719 |
Other employee benefits | $3,548,748 |
Payroll taxes | $1,528,221 |
Fees for services: Management | $0 |
Fees for services: Legal | $100,131 |
Fees for services: Accounting | $117,065 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $109,200 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $5,311,738 |
Advertising and promotion | $708,805 |
Office expenses | $1,555,556 |
Information technology | $599,110 |
Royalties | $0 |
Occupancy | $2,513,106 |
Travel | $1,222,944 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $433,370 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $3,695,728 |
Insurance | $493,200 |
All other expenses | $161,876 |
Total functional expenses | $77,663,952 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $4,795 |
Savings and temporary cash investments | $20,576,901 |
Pledges and grants receivable | $4,019,852 |
Accounts receivable, net | $1,910,732 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $384,426 |
Inventories for sale or use | $22,101 |
Prepaid expenses and deferred charges | $886,438 |
Net Land, buildings, and equipment | $63,668,214 |
Investments—publicly traded securities | $23,368,240 |
Investments—other securities | $9,461,807 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,237,186 |
Total assets | $125,540,692 |
Accounts payable and accrued expenses | $3,213,201 |
Grants payable | $0 |
Deferred revenue | $1,551,749 |
Tax-exempt bond liabilities | $11,568,607 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $1,419,527 |
Total liabilities | $17,753,084 |
Net assets without donor restrictions | $75,507,124 |
Net assets with donor restrictions | $32,280,484 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $125,540,692 |