EIN 01-0271210

Husson University

IRS 501(c) type
501(c)(3)
Num. employees
1,379
City
State
Year formed
1898
Most recent tax filings
2023-06-01
Description
Husson University empowers students with over 110 programs, emphasizing experiential learning and professional skills in a supportive, affordable environment.
Total revenues
$81,957,246
2023
Total expenses
$80,527,066
2023
Total assets
$149,562,202
2023
Num. employees
1,379
2023

Program areas at Husson University

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, pharmacy, science and humanities, as well as communication. In addition, Husson University has a robust online learning program.Continued on Schedule O 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. According to the most recent survey data, 96 percent of Husson University graduates are employed or enrolled in graduate school within one year of completing their degrees.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), the Accreditation Council for Pharmacy Education (ACPE), 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.
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.Continued on Schedule OServices 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.

Who funds Husson University

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Harold Alfond FoundationExpanding Technology and Innovation$500,000
George I Alden TrustTo Further Education$150,000
Edward and Mary Ellen Darling Family FoundationPublic Support$130,000
...and 41 more grants received totalling $1,209,054

Financials for Husson University

RevenuesFYE 06/2023
Total grants, contributions, etc.$11,506,045
Program services$69,653,939
Investment income and dividends$787,192
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$63,109
Net gain from sale of non-inventory assets$-448,928
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$395,889
Total revenues$81,957,246

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Averett UniversityDanville, VA$54,663,239
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Data update history
April 24, 2025
Received grants
Identified 9 new grant, including a grant for $25,000 from Machias Savings Bank Community Development Foundation
January 14, 2025
Received grants
Identified 7 new grant, including a grant for $500,000 from Harold Alfond Foundation
November 14, 2024
Updated personnel
Identified 15 new personnel
October 23, 2024
Received grants
Identified 5 new grant, including a grant for $100,000 from Bangor Savings Bank Foundation
August 2, 2024
Received grants
Identified 21 new grant, including a grant for $100,000 from Bangor Savings Bank Foundation
Nonprofit Types
SchoolsHigher ed institutions
Issues
Education
Characteristics
Receives government fundingEndowed supportProvides scholarshipsFundraising races, competitions, and tournamentsTax deductible donationsAccepts online donations
General information
Address
1 College Cir
Bangor, ME 04401
Metro area
Bangor, ME
County
Penobscot County, ME
Website URL
husson.edu/ 
Phone
(207) 941-7000
Facebook page
HussonU 
Twitter profile
@hussonu 
IRS details
EIN
01-0271210
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1898
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B42: Undergraduate College (4-year)
NAICS code, primary
611310: Colleges, Universities, and Professional Schools
Parent/child status
Independent
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