2026-04-30T07:29:00-05:00 2025-06-30 010523282 Berry Dunn McNeil & Parker LLC 2211 Congress St Portland ME 04102 990 2024-07-01 010271210 Husson University HUSS 2079417000 One College Circle Bangor ME 04401 Ellen Bemis VP of Finance 2079417000 2026-04-28 1 1 Joseph R Byrne P01289281 2077752387 2026-04-28 2024 2025-03-06 01:10:19Z Lynne Coy-Ogan One College Circle Bangor ME 04401 98095191 0 X www.husson.edu X 1898 ME Educational Institution 30 28 1473 29 337037 69731 9104213 3096641 74080691 89227102 1900091 1859682 1081687 704235 86166682 94887660 20468126 31284870 0 0 39514230 40689192 0 0 883468 25592958 26440029 85575314 98414091 591368 -3526431 152876918 152365512 36917998 35772829 115958920 116592683 X Husson University inspires and prepares students for professional careers in current and emerging fields within the context of an education informed by the sciences and humanities. 0 1 78984128 31284870 74515340 For more than 125 years, Husson University has prepared future leaders to address the challenges of tomorrow through innovative undergraduate and graduate degrees.With a commitment to delivering affordable classroom, online and experiential learning opportunities, Husson University has come to represent superior value in higher education. Our Bangor campus provides advanced knowledge in business, health, science and humanities, as well as communication. In addition, Husson University has a robust online learning program.According to a recent analysis of tuition and fees by U.S. News & World Report, Husson University is one of the most affordable private colleges in New England. Education at Husson University produces results. Husson University is regionally accredited by the New England Council of Higher Education (NECHE). Regional accreditation applies to all programs. The University is also accredited by the International Accreditation Council for Business Education (IACBE), the Commission on Collegiate Nursing Education (CCNE), the Accreditation Council for Occupational Therapy (ACOTE), the Commission on Accreditation in Physical Therapy Education (CAPTE), and the Council for Accreditation of Counseling and Related Educational Program (CACREP), with approval by the Maine Department of Education and National Board for Certified Counselors for its Teacher Education and School Counseling programs respectively. 10056372 14711762 Auxiliary ServicesThe Auxiliary Services department provides a variety of support services designed to enhance the Husson educational and student experience for the University. Serving a diverse set of stakeholders, Auxiliary services works to ensuring the continued success of the University in a fiscally responsible manner while reducing risk for the institution.Services provided by this department include dining, maintenance, custodial, environmental health, safety, security, grounds keeping, the bookstore, and capital facility project management.Dining services seeks to provide a variety of wholesome, nutritious foods that meet the diverse needs of the Husson University community.Husson offers a variety of housing options for over 1,000 students which includes Hart Hall, Carlisle Hall, Bell Hall, the Darling Learning Center, and the Townhouses. The Living Learning Center can house up to 240 students. Each suite in the Darling Learning Center features suite-style living for four students. Three townhouse buildings have room for 72 students. Each townhouse has six two-story fully furnished apartments. The campus also includes the Dyke Center for Family Business, Gracie Theatre, Newman Gymnasium, Swan Center, Wellness Learning Center, the Webber Pool, as well as numerous athletic fields. 89040500 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 1 0 0 0 1 130 0 1 1473 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 30 28 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X Ellen Bemis 2079417013 One College Circle Bangor ME 04401 Daniel R Hutchins Chair 8.00 0.00 X X 0 0 0 Philip E Harriman Vice Chair 8.00 0.00 X X 0 0 0 Albert W Allen Trustee 4.00 0.00 X 0 0 0 John P Boucher Trustee 4.00 0.00 X 0 0 0 Brock R Bradford Trustee 4.00 0.00 X 0 0 0 Susan A Carlisle Trustee 4.00 0.00 X 0 0 0 Kathryn Cope Trustee 4.00 0.00 X 0 0 0 Stephen Coston Trustee 4.00 0.00 X 0 0 0 Edward O Darling Trustee 4.00 0.00 X 0 0 0 Kris A Doody Trustee 4.00 0.00 X 0 0 0 Dalton T Edgecomb Trustee 4.00 0.00 X 0 0 0 Jaclyn Fish Trustee 4.00 0.00 X 0 0 0 Arthur D Fuller Trustee 4.00 0.00 X 0 0 0 Ross Y Furman Trustee 4.00 0.00 X 0 0 0 Bruce Grainger Trustee 4.00 0.00 X 0 0 0 Kenneth A Hews Trustee 4.00 0.00 X 0 0 0 Deborah Carey Johnson Trustee 4.00 0.00 X 0 0 0 Bradley Libby Trustee 4.00 0.00 X 0 0 0 Michelle Montgomery Trustee 4.00 0.00 X 0 0 0 Deb Neuman Trustee 4.00 0.00 X 0 0 0 Mary Prybylo Trustee 4.00 0.00 X 0 0 0 George Pusey Trustee 4.00 0.00 X 0 0 0 Robert J Ronan Trustee 4.00 0.00 X 0 0 0 Valerie Sauda Faculty Trustee 40.00 0.00 X 99200 0 31437 Lucy Stone Student Trustee 4.00 0.00 X 0 0 0 Will Taylor Trustee 4.00 0.00 X 0 0 0 Richard C Trott Jr Trustee 4.00 0.00 X 0 0 0 Randel L Wadleigh Trustee 4.00 0.00 X 0 0 0 Susith L Wijetunga Trustee 4.00 0.00 X 0 0 0 Michael E Williamson Trustee 4.00 0.00 X 0 0 0 Earl C Black Past Trustee 4.00 0.00 X 0 0 0 Daniel B Coffey Past Trustee 4.00 0.00 X 0 0 0 John M Rohman Past Trustee 4.00 0.00 X 0 0 0 W Tom Sawyer Jr Past Trustee 4.00 0.00 X 0 0 0 Dr Irving Schneider Past Trustee 4.00 0.00 X 0 0 0 Kelli L Theriault Hutchins Past Trustee 4.00 0.00 X 0 0 0 Ryan Wheelock Past Student Trustee 0.00 0.00 X 0 0 0 Cassandra White Past Faculty Trustee 20.00 0.00 X 63018 0 9631 Tracey Whitten Past Trustee 4.00 0.00 X 0 0 0 R Thomas Welch Past VP Finance & Admin/Treasurer 40.00 0.00 X 171627 0 35905 Lynne Coy-Ogan President 20.00 0.00 X 327321 0 19831 Dr Robert A Clark Past President (Term End 6/24) 20.00 0.00 X 357918 0 186330 Phillip Taylor Dean of Science & Humanities 40.00 0.00 X 193257 0 20936 Marie Hankinson Dean College of Business & NESCOM 40.00 0.00 X 183846 0 23091 William Limblad Professor of Pharmocology 40.00 0.00 X 161580 0 20170 Amy Arnett Dean College Health/Assoc. Provost 40.00 0.00 X 155765 0 23143 Michael Fox VP for Enrollment Management 40.00 0.00 X 163738 0 9824 1877270 0 380298 42 0 1 0 Education Dynamics LLC PO Box 780276 Philadelphia PA 191780276 Admin & Marketing 2865023 Decibel Media LLC 200F Maine Street Stoneham MA 02180 Advertising 892548 A3 Communications 1038B Kinley Road Irmo SC 29063 Security Surveillance 542664 Cyr Bus Line PO Box 368 Old Town ME 04468 Student Transportation 446517 Hampden Electrical 337 Perry Road Suite 1 Bangor ME 04401 Electrical Services 239694 26 586855 2509786 684353 3096641 Tuition and Fees 611710 63132527 63132527 Auxiliary Services 611710 14404930 14336153 68777 Passthrough Federal/State Aid 611710 11382813 11382813 Summer and Sports Camps 721000 306832 125103 181729 89227102 738170 24302 713868 64773 2544 62229 62229 62229 3806874 519625 2943379 261608 863495 258017 1121512 1121512 Other Revenue 711130 307457 307457 Bookstore Commission 611710 254152 254152 Theatre Revenue 711110 80397 80397 642006 94887660 88976596 337037 2477386 31284870 31284870 1302218 203286 1098932 30493287 27957915 2023809 511563 1304821 1146816 134754 23251 5431544 4718978 614406 98160 2157322 1862410 260248 34664 55528 55528 94671 94671 102953 102953 2740259 1345647 1365002 29610 4872722 4228868 643381 473 1141940 995009 115871 31060 1894173 1469346 344001 80826 2401005 2297797 97303 5905 1791794 1652248 107833 31713 98076 81173 16765 138 591305 587694 3378 233 6196072 5852298 309447 34327 429085 429085 Materials & Supplies 3445610 3356145 89465 Miscellaneous Expense 584836 583291 1545 98414091 89040500 8490123 883468 X 21846996 16848977 3714562 5409271 1139078 1270998 13335 12451 73045 52753 565972 580889 154551803 80519909 75884748 74031894 47985968 52672734 362983 472837 1290231 1012708 152876918 152365512 5178741 6439481 2572713 2147273 16349546 15512398 11781700 10803148 1035298 870529 36917998 35772829 X 77311959 73375034 38646961 43217649 115958920 116592683 152876918 152365512 X -3526431 4420117 -259923 X 0 1 X 1 1 1 X 11686114 14091127 11506045 9104213 3096641 49484140 11686114 14091127 11506045 9104213 3096641 49484140 4880820 44603320 852024 181132 791930 1144944 713868 3683898 441024 535531 472780 1081687 711736 3242758 56410796 368786904 0.79070 0.76990 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 33904930 922690 4255595 1117363 37965852 28156898 2315389 4406946 974303 33904930 24236195 2296064 2544413 919774 28156898 26168158 1706028 -2840826 797165 24236195 20248617 1259655 5406561 746675 26168158 0.00000 0.58200 0.41800 1 0 1356312 1356312 102888881 46542329 56346552 29933386 21062945 8870441 20373224 12914635 7458589 74031894 Asset Retirement Obligation 238141 Charitable Gift Annuities Payable 170002 Operating Lease Liability 172660 Finance Lease Liability 289726 870529 X 67662575 4420117 20144 4440261 63222314 102953 31562393 31665346 94887660 67028812 2544 2544 67026268 102953 31284870 31387823 98414091 Part V, Line 4: Endowment funds are held in perpetuity and the income is to be spent based on the donor's intent which primarily are for scholarships. Part X, Line 2: Husson is a tax exempt organization under the provisions of tax code Section 501(c)(3). Certain activities of the University are unrelated business income and, therefore, subject to federal and state income tax. Management evaluated the University's tax positions and concluded that the University had taken no uncertain tax positions that required adjustment to the financial statements. The University is subject to U.S. federal and state examinations by tax authorities for the years ended June 30, 2022 to June 30, 2025. Part XI, Line 2d - Other Adjustments: Change in Value of Split Interest Agreements 17,600. Rental Expenses 2,544. Part XI, Line 4b - Other Adjustments: Scholarships/Aid 31,284,870. Change in Value of Interest Rate Swaps 277,523. Part XII, Line 2d - Other Adjustments: Rental Expenses 2,544. Part XII, Line 4b - Other Adjustments: Scholarships/Aid 31,284,870. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 1 - Resolution of Governing Board. 2 - All publications and announcements include policy statements. 3 - Part of all announcements of courses being offered. Schedule E, Part I, Line 6 Husson University receives various government grants among them are: SEOG Grants and College Work Study Grants. 1 Financial Aid 1984 0 21952597 FMV of Tuition Scholarship Aid Pell Grant 1939 0 7490565 FMV of Tuition Scholarship Aid ME DOE - Nursing Advancement Grant 17 0 41242 FMV of Tuition Scholarship Aid State Scholarships 858 0 1800466 FMV of Tuition Scholarship Aid Part I, Line 2: The University grants scholarships to eligible students and maintains records as to their eligibility and qualifications. X 0 0 X X X X 0 1 0 0 0 0 0 0 0 Dr Robert A Clark Past President (Term End 6/24) 357918 0 0 0 0 0 176100 0 10230 0 544248 0 0 0 Lynne Coy-Ogan President 293238 0 0 0 34083 0 19831 0 0 0 347152 0 0 0 Phillip Taylor Dean of Science & Humanities 193257 0 0 0 0 0 11718 0 9218 0 214193 0 0 0 R Thomas Welch Past VP Finance & Admin/Treasurer 171627 0 0 0 0 0 11149 0 24756 0 207532 0 0 0 Marie Hankinson Dean College of Business & NESCOM 183846 0 0 0 0 0 11302 0 11789 0 206937 0 0 0 William Limblad Professor of Pharmocology 161580 0 0 0 0 0 9940 0 10230 0 181750 0 0 0 Amy Arnett Dean College Health/Assoc. Provost 155765 0 0 0 0 0 9682 0 13461 0 178908 0 0 0 Michael Fox VP for Enrollment Management 163738 0 0 0 0 0 9824 0 0 0 173562 0 0 0 Part I, Line 1a The University provides a housing allowance for the President of the Organization. This housing allowance is treated as a taxable benefit. Part I, Line 1b The Board of Trustees assessed and determined the appropriate level of benefit after reviewing its potential value and market data on compensation and benefits. Part I, Line 4b Robert Clark participates in a non-qualified retirement plan. There was a $155,400 contribution to this plan in 2024. Schedule J, Part I, Line 2: In the prior year, the president received a non-taxable housing allowance while residing in a university-owned residence. In the current year, the new president resides off-campus and receives a taxable housing stipend, which does not meet the requirements of an accountable plan. Accordingly, the organization answered "No" for the current year. A Finance Authority of Maine 010392006 2016-06-27 4200000 Dormitory Renovations/Turf Field Replacement: 1 College Circle, Bangor, ME 0 0 0 B Finance Authority of Maine 010392006 2017-02-14 10300000 Townhouse Building and Dormitory Renovations 0 0 0 C Finance Authority of Maine 010392006 2019-05-15 4000000 Wellness Learning Center 0 0 0 D Maine Health & Higher Education Facilities 010314384 2020-06-30 1914227 REFI MHHEFA Series 2010B 0 0 1 A 1507827 4200000 25448 4174552 2016 0 0 1 1 B 2127390 10300000 88242 10211758 2017 0 0 1 1 C 561999 4000000 77781 3922219 2019 0 0 1 1 D 687570 1914227 213950 33172 1667105 2020 1 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 C 0 0 0 0 0 0 1 D 0 0 0 0 0 0 1 A 0 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 0 0 D 0 0 0 0 0 0 0 0 1 A 0 B 0 C 0 D 0 Schedule K Supplental Information Schedule K, Part II - The amount on the schedule K Part I represents the entire 2020B Bond series that is pooled funding and therefore includes funds dedicated to other institutions. The issue price on Form 8038 Part III, Line 21 (B) - includes proceeds for other institutions as well. 6300 Financial Aid To provide assistance in paying for tuition at the University. X 6448 Fair Market Value X 4 356730 Stock Market Value X 1 321000 Fair Market Value X 2 2 Fair Market Value X Miscellanous 3 173 Fair Market Value 1 0 1 0 Form 990, Part III, line 3 Effective June 30, 2025, the University discontinued its Doctor of Pharmacy program. Form 990, Part VI, Section B, line 11b The Form 990 is reviewed by the Audit Committee prior to filing, and the returns are made available to the full Board of Trustees for review. Form 990, Part VI, Section B, line 12c Annual Board of Trustees disclosures are required and are scrutinized for potential conflicts. Form 990, Part VI, Section B, line 15a Compensation undergoes an annual review by the Board of Trustees and a salary recommendation is made. Form 990, Part VI, Section C, line 19 Form 990 is available upon request. The governing documents, policies and financial statements are not disclosed to the general public. Form 990, Part X, Line 10: Land, Buildings & Equipment Section 1.263(a)-3(n) Election: Husson University One College Circle Bangor, ME 04401 EIN: 01-0271210 Husson University is electing to capitalize repair and maintenance costs under Regulation Section 1.263(a)-3(n). Form 990, Part XI, line 9: Change in Value of Split Interest Agreements 17,600. Change in Value of Interest Rate Swaps -277,523. Charitable Remainder Unitrusts (2) Perpetual Trust ME Husson University 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0