Lake Erie College of Osteopathic Medicine
Lake Erie College of Osteopathic Medicine reported $230.5 million in revenue and $134.4 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $78.30 went to program services, $21.70 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 76.0% of the total. Government grants made up 6.2%. The highest compensation it reported for one person was $1,766,916 (PROVOST/VP OF ACADEMICS). 138 people received more than $100,000 in reportable compensation. Revenue rose 42% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $134MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $230MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 78.3% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 21.7% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 7.4% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 6.2% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 76.0% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $1,766,916 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.31% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 138 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 94.5 | 13.3 |
| Independent voting board members Part VI 1a–1b | 4 of 9 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseLecom is one of the 45 colleges of osteopathic medicine. In 1992, the Lake Erie College of Osteopathic medicine received pre-accreditation status from the american osteopathic association. After further preparation, lecom achieved a charter from the commonwealth of pennsylvania and full accreditation status. Lecom also has full accreditation status with the american council of pharmaceutical education. It is one of over 140 pharmacy schools in the united states. Lecom has full accreditation status with the american dental association's commission on dental accreditation. It is one of 70…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PROVOST/VP OF ACADEMICS Officer, 73.00 hrs/week | $1,727,650 | $0 | $39,266 | $1,766,916 |
| PRESIDENT/CEO Director/trustee, officer, 56.00 hrs/week | $1,570,358 | $0 | $39,125 | $1,609,483 |
| SECRETARY Director/trustee, officer, 4.00 hrs/week | $0 | $690,230 | $33,308 | $723,538 |
| TRUSTEE Director/trustee, 1.00 hrs/week | $0 | $642,911 | $54,879 | $697,790 |
| ASSOCIATE DEAN OF ACADEMIC AFFAIRS Highest compensated employee, 40.00 hrs/week | $413,453 | $0 | $49,032 | $462,485 |
| VP FISCAL AFFAIRS/CFO Officer, 28.00 hrs/week | $406,338 | $0 | $38,955 | $445,293 |
| ASSOCIATE DEAN OF CLINICAL EDUCATION Highest compensated employee, 40.00 hrs/week | $380,038 | $0 | $45,728 | $425,766 |
| ASSOCIATE DEAN OF ACADEMIC AFFAIRS Highest compensated employee, 40.00 hrs/week | $362,875 | $0 | $34,137 | $397,012 |
138 people received more than $100,000 in reportable compensation from Lake Erie College of Osteopathic Medicine (Part VII, line 2). Compensation of current officers, directors and key employees totaled $3.8M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b9 · 4 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2Yes
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 51,056
- Volunteers Part I, line 65
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| JAS MANAGEMENT Management fees | $959,563 |
| JPI Acquistion & development management | $506,290 |
| R BRILLIANT MEDIA Advertising services | $317,400 |
Individuals listed as contractors are left out. 43 contractors were paid more than $100,000 in all.
Private foundation grants it received
6 private foundations reported grants to Lake Erie College of Osteopathic Medicine totaling $112K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Lake Erie College of Osteopathic Medicine's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Lake Erie College of Osteopathic Medicine, you can publish a response that is linked from this page.
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Of every $100 Lake Erie College of Osteopathic Medicine spent in FY2025, $78.30 went to programs. The full breakdown, from its IRS Form 990:
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- Noble Network of Charter SchoolsChicago, IL · revenue $230M · programs 88.3% · FY2025
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Questions people ask
How much of Lake Erie College of Osteopathic Medicine's spending goes to programs?
In the fiscal year ending June 30, 2025, Lake Erie College of Osteopathic Medicine reported that 78.3% of its $134.4 million in expenses went to program services, 21.7% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Lake Erie College of Osteopathic Medicine pay its top executive?
The largest total compensation Lake Erie College of Osteopathic Medicine reported for one person in the fiscal year ending June 30, 2025 was $1,766,916, for the role of PROVOST/VP OF ACADEMICS (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Lake Erie College of Osteopathic Medicine get its money?
Of $230.5 million in revenue in the fiscal year ending June 30, 2025, 7.4% came from contributions and grants (including 6.2% from government grants) and 76.0% from program service revenue (Form 990, Part VIII).
Is Lake Erie College of Osteopathic Medicine a registered charity?
The IRS lists EIN 25-1698677 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202611349349301886 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202521349349303807 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202401349349305785 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202331329349306473 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202241329349305014 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202121339349303442 · read the filing
All filings for EIN 25-1698677: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.