2026-05-13T08:43:06+00:00 2025-06-30 440160260 Forvis Mazars LLP 111 E Wayne Street Suite 600 Fort Wayne IN 46802 990 2024-07-01 340714629 Baldwin Wallace University BALD 4408268102 275 EASTLAND ROAD BEREA OH 440172088 F John Case Interim Chief Financial Officer 4408268102 2026-05-13 true true Lauren Denton P01571860 2604604000 2026-05-13 2024 2025-03-06 01:10:19Z Lee Fisher 275 EASTLAND ROAD BEREA OH 440172088 241711486 false X WWW.BW.EDU X 1842 OH BALDWIN WALLACE UNIVERSITY PROVIDES UNDERGRADUATE HIGHER EDUCATION LEADING TO THE BACHELOR DEGREE, AND GRADUATE EDUCATION AT THE MASTERS LEVEL IN SIX FIELDS. 41 40 2416 100 99664 25381 13229031 13962985 121581111 129652362 22964999 14083257 5097693 6951901 162872834 164650505 57345880 62670032 0 73391426 61932456 0 3252058 40138070 43484093 170875376 168086581 -8002542 -3436076 354112679 347243370 55082842 40705999 299029837 306537371 BALDWIN WALLACE UNIVERSITY IS AN ACADEMIC COMMUNITY COMMITTED TO THE LIBERAL ARTS AND SCIENCES AS THE FOUNDATION FOR LIFELONG LEARNING. THE UNIVERSITY FULFILLS THIS MISSION THROUGH A RIGOROUS ACADEMIC PROGRAM THAT IS CHARACTERIZED BY EXCELLENCE IN TEACHING AND LEARNING. IT MAINTAINS A CHALLENGING, SUPPORTIVE ENVIRONMENT THAT ENHANCES STUDENTS' INTELLECTUAL AND SPIRITUAL GROWTH. BALDWIN WALLACE ASSISTS STUDENTS IN THEIR PREPARATION TO BECOME CONTRIBUTING, COMPASSIONATE CITIZENS OF AN INCREASINGLY GLOBAL SOCIETY AND ENCOURAGES THEIR PURSUIT OF PERSONAL AND PROFESSIONAL EXCELLENCE. false false 62670032 62670032 MERIT SCHOLARSHIPS AND NEED-BASED FINANCIAL AID GRANTS TO STUDENTS ACTIVELY ENROLLED IN THE UNIVERSITY. 61471028 120407561 EDUCATION OF 2,770 FULL-TIME UNDERGRADUATE STUDENTS, 1103 PART-TIME UNDERGRADUATES, AND 445 GRADUATE STUDENTS, PLUS CERTIFICATE PROGRAMS AND FACULTY SCHOLARLY RESEARCH. UNDERGRADUATE DEGREES OFFERED ARE THE BACHELOR OF ARTS, BACHELOR OF FINE ARTS, BACHELOR OF SCIENCE, BACHELOR OF SCIENCE IN EDUCATION, BACHELOR OF MUSIC, BACHELOR OF MUSIC EDUCATION, AND BACHELOR OF SCIENCE IN NURSING. THE GRADUATE PROGRAMS LEAD TO THE DEGREES OF MASTER OF ACCOUNTANCY, MASTER OF ARTS IN EDUCATION, MASTER OF BUSINESS ADMINISTRATION, MASTER OF MEDICAL SCIENCE (PHYSICIAN ASSISTANT), MASTER OF PUBLIC HEALTH, AND MASTER OF SCIENCE (SPEECH LANGUAGE PATHOLOGY AND EXERCISE PHYSIOLOGY). 19851075 15662574 AUXILIARY SERVICES AND ACTIVITIES FOR STUDENTS, INCLUDING RESIDENCE HALLS HOUSING 1,377 FULL-TIME STUDENTS, DINING HALLS, BOOKSTORE, ATHLETICS, STUDENT UNION, RECREATION CENTER, AND HEALTH CENTER. 143992135 true true false false false true false true false true true true false true true true false true true false true false false false false false false false true true true false false false false false false false false false false true false false false false true false false false false true 462 0 true 2416 true true true false false false false false false false false false false false X 41 40 true false false false false false false true true false false false true true true true true true true true true true CO MD MA MI NH OH SC X KRISTINA SZPALIK 4408268102 275 EASTLAND ROAD BEREA OH 440172088 Gregory Flanik Interim President (1/25-6/25) / VP OPERATIONS 40.0 X X 215915 0 36482 Lee Thomas Chair 5.0 X X 0 0 0 Thomas Sutton Interim President (6/24-12/24) 40.0 X X 199593 0 61913 AGNES P DOVER TRUSTEE 1.0 X 0 0 0 BROOKE SIRAK TRUSTEE 1.0 X 0 0 0 CHARLES E ROTUNO TRUSTEE 1.0 X 0 0 0 CHRISTOPHER M ZITO TRUSTEE 1.0 X 0 0 0 DANIEL C HAGEN TRUSTEE 1.0 X 0 0 0 DAVID F MARTIN TRUSTEE 1.0 X 0 0 0 DAVID JENKINS TRUSTEE 1.0 X 0 0 0 DEBRA LYONS TRUSTEE 1.0 X 0 0 0 DONALD W BOGUS TRUSTEE 1.0 X 0 0 0 DUANE BISHOP TRUSTEE 1.0 X 0 0 0 EDWARD NAPOLEON JR TRUSTEE 1.0 X 0 0 0 ERIC McCLELLAND TRUSTEE 1.0 X 0 0 0 FLOYD A TROUTEN TRUSTEE 1.0 X 0 0 0 GABRIELLE ARYEETEY TRUSTEE 1.0 X 0 0 0 JAMES M DAVIDSON TRUSTEE 1.0 X 0 0 0 JIM TRESSEL TRUSTEE 1.0 X 0 0 0 JOE MATUSZEWSKI TRUSTEE 1.0 X 0 0 0 JOHN MICKLITSCH TRUSTEE 1.0 X 0 0 0 JOHN W KROPf TRUSTEE 1.0 X 0 0 0 KRIS SMEAGE TRUSTEE 1.0 X 0 0 0 LUTUL D FARROW TRUSTEE 1.0 X 0 0 0 MALISSE SINITO TRUSTEE 1.0 X 0 0 0 MARK H SUMMERS TRUSTEE 1.0 X 0 0 0 NORA MAHONEY TRUSTEE 1.0 X 0 0 0 PAUL G CLARK TRUSTEE 1.0 X 0 0 0 PAUL H CARLETON TRUSTEE 1.0 X 0 0 0 PETER REA TRUSTEE 1.0 X 0 0 0 PETER V NEFFENGER TRUSTEE 1.0 X 0 0 0 RICHARD DESICH TRUSTEE 1.0 X 0 0 0 ROBIN C COTTINGHAM TRUSTEE 1.0 X 0 0 0 RON LEONHARDT TRUSTEE 1.0 X 0 0 0 RYAN R CROSS TRUSTEE 1.0 X 0 0 0 STANLEY BALL TRUSTEE 1.0 X 0 0 0 SUSAN BIXLER TRUSTEE 1.0 X 0 0 0 SUSAN L ZANETTI TRUSTEE 1.0 X 0 0 0 TIM COWEN TRUSTEE 1.0 X 0 0 0 WADE I MASSAD TRUSTEE 1.0 X 0 0 0 WILLIAM B SUMMERS JR TRUSTEE 1.0 X 0 0 0 ZAREMA JARAMILLO TRUSTEE 1.0 X 0 0 0 Ellen Zegarra VP for philanthropy (left 1/25) 40.0 X 227268 0 37391 Gregory Cingle Chief financial officer / TREASURER 40.0 X 213409 0 24662 Lena Crain Assoc. VP & Dean of Students 40.0 X 129862 0 7200 Linda Chase Interim provost (start 1/25) 40.0 X 122876 0 20379 Melanie Shakarian Interim VP for philanthropy (start 3/25) 40.0 X 0 0 0 Michelle Moscarino Secretary & Administrative assistant 40.0 X 39272 0 21301 Scott Schulz VP for enrollment mngmt 40.0 X 191401 0 58115 Stephen D Stahl Provost (left 9/24) 40.0 X 166140 0 37423 Timeka Rashid VP for student affairs (left 12/24) 40.0 X 174907 0 38262 Colleen Visconti Professor 40.0 X 165731 0 22408 Lori Long Professor 40.0 X 136684 0 44058 Lori Radulovich Professor 40.0 X 158388 0 36204 Susan Kuznik Professor 40.0 X 144421 0 38488 Swagata Banik Professor 40.0 X 157597 0 22784 Robert C Helmer President (left 6/24) 40.0 X 446109 0 52601 2889573 0 559671 115 true true false ALBERT M HIGLEY COMPANY 3636 EUCLID AVENUE CLEVELAND OH 44115 CONSTRUCTION 792094 KPMG LLP 3 CHESTNUT RIDGE ROAD MONTVALE NJ 076450435 AUDIT 423508 NORTH SHORE MECHANICAL 55 LOU GROZA BLVD BEREA OH 44017 CONSTRUCTION 394549 ERNST & YOUNG US LLP 200PLAZA DRIVE SECAUCUS NJ 07094 CONSULTING 369754 FALTHOM SEO LLP 2020 CENTER STREET CLEVELAND OH 441132302 MARKETING 209933 11 2438653 11524332 2045324 13962985 Tuition and fees 616000 117960798 117960798 Redidence halls 611710 9129565 9129565 Sponsored programs 616000 1362799 1362799 Community classes 616000 1083964 1083964 Concerts, theater, athletics 711110 115236 115236 0 0 0 0 129652362 4253034 11297 4241737 97086 27964 69122 0 69122 69122 78439033 4447065 71748073 1307802 6690960 3139263 9830223 9830223 10483282 3977142 6506140 6417773 88367 Other 900099 267146 267146 Laundry vending 812300 49984 49984 Student parking 900099 31765 31765 27744 0 0 27744 376639 164650505 136070135 99664 14517721 62670032 62670032 1957290 394006 1274501 288783 44071760 39617505 3049162 1405093 1689697 1376104 238619 74974 10802917 8797993 1525587 479337 3410792 2777780 481672 151340 478258 478258 393053 393053 141379 141379 5209831 2682817 2316824 210190 878910 16412 862498 3723394 2846629 759799 116966 2403598 1395959 862886 144753 22546 22546 6224923 5910633 270081 44209 2226996 2169585 21776 35635 81492 81492 4240409 4240409 10890032 10430830 384035 75167 1498922 777371 721551 Other 2427761 1632209 758534 37018 Uncollectable receivables provision 1732173 1732173 Special events 539369 224278 127055 188036 memberships 365048 167954 196537 557 5999 0 5999 0 168086581 143992135 20842388 3252058 4299019 10403863 21707304 10827704 2088216 4984960 4730415 2285661 0 0 0 0 1745210 1116778 1480712 1294589 322097709 172376810 158158208 149720899 100151794 108461136 25672268 20691589 8261774 7747224 25817759 29708967 354112679 347243370 5980299 7047320 1688601 1990861 15320000 14040000 0 0 25542867 9988787 6551075 7639031 55082842 40705999 72895881 85141494 226133956 221395877 299029837 306537371 354112679 347243370 -3436076 10943610 0 X false true true true true X 24496090 19524936 12123633 13229031 13962985 83336675 0 0 24496090 19524936 12123633 13229031 13962985 83336675 8157695 75178980 640543 1144287 794217 1416756 4350120 8345923 -12784 16714 20288 28566 26155 78939 0 0 0 0 0 0 91761537 600983884 0.81929 0.802 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1000 60000 102931 true true X X X Art Instruction false 173537549 2961491 15526941 3166348 4001819 0 184857814 161461131 3347683 16608401 3143589 4736077 0 173537549 156944902 2796841 13454491 3243652 8491451 0 161461131 179354039 2567838 -15761747 3177952 6037276 0 156944902 146129896 2852061 39246818 2904704 5970032 0 179354039 0.11 0.89 false false 18941823 18941823 278267684 156575245 121692439 24888202 15801565 9086637 149720899 Closely-held equity interests Financial derivatives Alternatives, non-marketable 20691589 F 20691589 Beneficial interests in perpetual trusts 25032171 Cash in escrow 2984913 operating leases 1691883 29708967 Federal Income Taxes ANNUITY OBLIGATIONS 2689855 LEASE OBLIGATIONS 1691883 ASSET IMPAIRMENT ESTIMATES 1082214 FUNDS HELD FOR STUDENT GROUPS 612454 Other 1562625 7639031 X 0 0 0 0 0 0 0 0 0 0 0 0 Schedule D, Part III, Line 1a Collections of art - financial statement footnote CONTRIBUTIONS OF ASSETS OTHER THAN CASH ARE RECORDED AT THEIR VALUE AS OF THE DATE OF GIFT, EXCEPT THAT CONTRIBUTIONS OF WORKS OF ART, HISTORICAL TREASURES, AND SIMILAR ASSETS HELD AS COLLECTIONS ARE NOT RECOGNIZED OR CAPITALIZED. Schedule D, Part III, Line 4 Collections of art - description of collections THE UNIVERSITY'S ART COLLECTION CONSISTS OF PAINTINGS, DRAWINGS, SCULPTURES, LITHOGRAPHS, ENGRAVINGS AND WOODCUTS. THE UNIVERSITY HAS AN ART DEPARTMENT THAT USES THESE OBJECTS IN INSTRUCTION AND RESEARCH. Schedule D, Part V, Line 4 Intended uses of endowment funds THE CONSISTANT USES OF THE UNIVERSITY'S ENDOWMENT FUNDS AND FACULTY SALARIES, THE PURCHASE OF LIBRARY MATERIALS, FINANCIAL AID GRANTS TO ENROLLED STUDENTS, AND GENERAL SUPPORT. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote THE UNIVERSITY USES A MORE LIKELY THAN NOT THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN. TAX PROVISIONS ARE EVALUATED FOR RECOGNITION, DERECOGNITION, AND MEASUREMENT USING CONSISTANT CRITERIA ABOUT THE UNCERTAINTY IN INCOME TAX ASSETS AND LIABILITIES. BASED ON THE UNIVERSITY'S EVALUATION, NO PROVISION FOR UNCERTAIN TAX POSITIONS IS REQUIRED AS OF JUNE 30, 2025 AND 2024. true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY PUBLICATION OF RACIALLY NONDISCRIMINATORY POLICY BALDWIN WALLACE UNIVERSITY DRAWS STUDENTS NATIONWIDE AND WORLDWIDE, BUT A SIGNIFICANT NUMBER COME FROM NORTHEAST OHIO. THEREFORE, THE UNIVERSITY ADVERTISES IN THIS AREA AND INCLUDES THE REV. PROC. 75-50 OR SIMILAR WORDING IN ALL ADVERTISEMENTS. HTTPS://WWW.BW.EDU/ASSETS/POLICIES/POLICY-EQUAL-OPPORTUNITY-HARASSMENT-NONDISCRIMINATION.PDF Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT BALDWIN WALLACE UNIVERSITY RECEIVES FEDERAL, STATE, AND LOCAL GOVERNMENT GRANTS FOR SPECIFIC PURPOSES. THESE INCLUDE STUDENT FINANCIAL AID, WORK STUDY. UPWARD BOUND, AND RESEARCH. Central America and the Caribbean 0 0 Investments 5554030 0 0 0 0 0 0 5554030 0 5554030 true false false true false false Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Cash true NEED BASED AID AND MERIT SCHOLARSHIPS TO ENROLLED STUDENTS 2988 62670032 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds BALDWIN WALLACE UNIVERSITY AWARDS SCHOLARSHIPS AND NEED BASED FINANCIAL AID GRANTS ONLY TO ITS OWN ENROLLED STUDENTS. THE AWARDS COVER PART OF THE COST OF ATTENDING. THE STUDENT FINANCIAL AID OFFICE MAKES NEED BASED GRANTS BASED ON DEMONSTRATED NEED USING NATIONAL FORMS AND METHODS. IT AWARDS SCHOLARSHIPS USING BALDWIN WALLACE CRITERIA. THE UNIVERSITY DISBURSES THE AWARDS THROUGH CREDITS TO STUDENT RECEIVABLE ACCOUNTS. X X true true X X X X false false false false false false false false false Robert C Helmer President (left 6/24) 442370 0 0 0 3739 0 22813 0 29788 0 498710 0 0 0 Gregory Flanik Interim President (1/25-6/25) / VP OPERATIONS 215915 0 0 0 0 0 13430 0 23052 0 252397 0 0 0 Thomas Sutton Interim President (6/24-12/24) 199593 0 0 0 0 0 12909 0 49004 0 261506 0 0 0 Stephen D Stahl Provost (left 9/24) 166140 0 0 0 0 0 11492 0 25931 0 203563 0 0 0 Timeka Rashid VP for student affairs (left 12/24) 174907 0 0 0 0 0 11315 0 26947 0 213169 0 0 0 Scott Schulz VP for enrollment mngmt 191401 0 0 0 0 0 13128 0 44987 0 249516 0 0 0 Ellen Zegarra VP for philanthropy (left 1/25) 227268 0 0 0 0 0 14685 0 22706 0 264659 0 0 0 Gregory Cingle Chief financial officer / TREASURER 213409 0 0 0 0 0 9360 0 15302 0 238071 0 0 0 Colleen Visconti Professor 165731 0 0 0 0 0 8028 0 14380 0 188139 0 0 0 Lori Radulovich Professor 158388 0 0 0 0 0 8340 0 27864 0 194592 0 0 0 Swagata Banik Professor 157597 0 0 0 0 0 9728 0 13056 0 180381 0 0 0 Susan Kuznik Professor 144421 0 0 0 0 0 9272 0 29216 0 182909 0 0 0 Lori Long Professor 136684 0 0 0 0 0 7686 0 36372 0 180742 0 0 0 Schedule J, Part I, Line 1a Housing allowance or residence for personal use THE PRESIDENT AND HIS WIFE LIVE IN A UNIVERSITY HOUSE LOCATED ON CAMPUS. THEY USE THE HOUSE FOR UNIVERSITY MEETINGS, RECEPTIONS, AND OTHER RELATED FUNCTIONS. UNIVERSITY CUSTODIANS CLEAN THE FIRST FLOOR COMMON ROOMS BUT NOT THE FAMILY PRIVATE ROOMS. Schedule J, Part I, Line 1a Health or social club dues or initiation fees THE PRESIDENT HAS A MEMBERSHIP IN THE UNION CLUB OF CLEVELAND THAT IS USED PRINCIPALLY FOR BUSINESS PURPOSES. A OHIO HIGHER EDCATIONAL FACILITY COMMISSION 346849674 67756A7F3 2012-11-29 16025000 RENOVATION AND REFUNDING false false false B OHIO HIGHER EDUCATIOAAAL FACILITY COMMISSION 346849674 67756DK39 2022-11-16 9900700 RENOVATION false false false A 12783660 16853660 11164863 152238 5536559 2013 false true true true B 9900700 237250 9663450 2025 false false true true A false false false false false false 0 0 0.0 false false 0 false true B false false false false false false 0 0 0.0 false false 0 false true A false true false false false false 0 false false false 0 false false true B false false false true false false 0 false false false 0 false false true A false B false X 5400 Other 11 1491924 Market value 2 548000 Opinions of experts 0 false true false Schedule M, Part I THE AMOUNTS LISTED IN PART 1, COLUMN B ARE BASED ON THE NUMBER OF CONTRIBUTIONS FOR EACH TYPE OF PROPERTY CONTRIBUTED. Schedule M, Part I Explanations of reporting method for number of contributions Securities - Publicly traded - Contributions Real estate - Residential - Contributions Clothing and household goods - Contribution Form 990, Part VI, Line 1a Delegate broad authority to a committee THE EXECUTIVE COMMITTEE ACTS FOR THE BOARD WHEN THE BOARD IS NOT IN SESSION IN ALL MATTERS EXCEPT ELECTION OF BOARD OFFICERS AND APPOINTMENT OF THE PRESIDENT OF THE UNIVERSITY. IT CONSISTS OF THE OFFICERS OF THE BOARD, COMMITTEE CHAIRS, THE PRESIDENT OF THE UNIVERSITY, AND MAY INCLUDE AT LARGE Form 990, Part VI, Line 2 Family/business relationships amongst interested persons TRUSTEES MARK H. SUMMERS AND WILLIAM B. SUMMERS, JR. - Family relationship Form 990, Part VI, Line 11b Review of form 990 by governing body THE CHIEF FINANCIAL OFFICER PERFORMS AN INITIAL, DETAILED REVIEW OF THE FORM 990 DRAFT. HE THEN SENDS A COPY TO EACH BOARD MEMBER FOR REVIEW AND COMMENT. THIS IS PRIOR TO FILING. Form 990, Part VI, Line 12c Conflict of interest policy CONFLICT OF INTEREST POLICY MONITORING & ENFORCEMENT ALL MEMBERS OF THE BOARD OF TRUSTEES MUST SUBMIT ANNUALLY A WRITTEN AND SIGNED STATEMENT DISCLOSING ANY SITUATION WHICH MAY BE, OR MAY BE CONSIDERED TO BE, A CONFLICT OF INTEREST AS DEFINED IN THE CONFLICT OF INTEREST POLICY. IF THEY HAVE NOTHING TO REPORT, THEY MUST CHECK A PRINTED STATEMENT TO THAT EFFECT. THE CHIEF FINANCIAL OFFICER REVIEWS THE CONFLICT OF INTEREST STATEMENTS. IF A CONFLICT IS IDENTIFIED, THE INTERESTED PARTY IS PROHIBITED FROM PARTICIPATING IN THE GOVERNING BODY'S DELIBERATIONS AND DECISIONS IN THE TRANSACTION. Form 990, Part VI, Line 15a Process to establish compensation of top management official The executive committee of the board of trustees sets compensation for the president upon hire and reviews compensation annually. Compensation for top leadership positions that report directly to the president is determined by the president upon hiring and reviewed annually. Compensation was last reviewed in 2025. Form 990, Part VI, Line 19 Required documents available to the public BALDWIN WALLACE UNIVERSITY MAKES ITS FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC ON ITS OWN WEBSITE. THE UNIVERSITY PROVIDES A PAPER COPY OF ITS BYLAWS TO ANYONE WHO ASKS. Form 990, Part VIII, Line 11d Other Miscellaneous Revenue Facilities use - Total Revenue: 27744, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 27744; NC HOUSING LLC 275 Eastland road Bberea OH 44017 871802630 REAL ESTATE OH NC HOUSING MANAGER MEMBER LLC Related 420247 8463960 false true NC HOUSING MASTER TENANT LLC 275 Eastland road Bberea OH 44017 883206424 REAL ESTATE OH NC HOUSING MANAGEMENT MEMBER Related 8172 34731 false true NC HOUSING MANAGING MEMBER LLC 275 Eastland road Bberea OH 44017 883210416 REAL ESTATE OH BALDWIN WALLACE UNIVERSITY C Corporation true false false false false false false false false false false false false true false false false false false false Schedule R, Part V, Line 1m THE UNIVERSITY MANAGES A RESIDENCE HALL FOR NC HOUSING LLC