Franklin W Olin College of Engineering Inc
Needham, MA · EIN 06-1519057 · Education · Rank 11,577 by total revenue
Highly selective four-year undergraduate engineering college with a unique interdisciplinary, project-based curriculum emphasizing entrepreneurship, liberal arts, and rigorous science and engineering fundamentals.
Money, Form 990 for tax year 2024
- Total revenue
- $40,842,979
- Total expenses
- $66,181,192
- Total assets
- $511,011,583
- Salary base (all salaries and wages)
- $17,379,646
- Salaries, other pay and benefits
- $21,930,947
- Employees
- 456
- Salary base per employee
- $38,113
"Salary base" is Form 990 Part IX lines 5 to 7. "Employees" is everyone who got a W-2 that year, full or part time. Form 990-EZ and 990-PF report pay differently; see About the data.
Leadership (21)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Gilda Barabino | PRESIDENT/TRUSTEE (EX-OFFICIO) | Board, Officer | 50 | $792,962 |
| Albert Sacco Jr | CHIEF ACADMEIC OFFICER & PROVOST | Officer | 50 | $479,916 |
| Donna Golemme | VP FOR FINANCE & ADMINISTRATION | Officer | 50 | $384,189 |
| Lauren Taaffe | VICE PRESIDENT & CHIEF OF STAFF | Officer | 50 | $242,827 |
| Nicholas Macke | CHIEF HR OFFICER | Officer | 50 | $223,906 |
| Alyson Goodrow | CHIEF MARKETING & COMM. OFFICER | Officer | 50 | $192,517 |
| Jeannie Diefenderfer | CHAIR | Board, Officer | 4 | None reported |
| George Milne Jr | VICE CHAIR (UNTIL OCT 2024) | Board, Officer | 2 | None reported |
| Bruce Herring | VICE CHAIR (SINCE OCT 2024) | Board, Officer | 2 | None reported |
| Richard T Roca | CLERK (UNTIL OCT 2024) | Board, Officer | 2 | None reported |
| Chris Wallace | CLERK (SINCE OCT 2024) | Board, Officer | 2 | None reported |
| Maia Bittner | TRUSTEE (UNTIL OCT 2024) | Board | 2 | None reported |
| Al Bunshaft | TRUSTEE | Board | 2 | None reported |
| Chee Chew | TRUSTEE | Board | 2 | None reported |
| Lee Edwards | TRUSTEE | Board | 2 | None reported |
| Scott Harris | TRUSTEE | Board | 2 | None reported |
| Luke Morris | TRUSTEE | Board | 2 | None reported |
| William B Norden | TRUSTEE | Board | 2 | None reported |
| Gill Pratt | TRUSTEE (SINCE APR 2025) | Board | 2 | None reported |
| Michael Sutton | TRUSTEE | Board | 2 | None reported |
| Nate Smith | TRUSTEE (SINCE JULY 2024) | Board | 2 | None reported |
Top 10 paid people listed
These 10 people received $3,329,956, which is 19.2% of the $17,379,646 salary base shared by 456 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Gilda Barabino | PRESIDENT/TRUSTEE (EX-OFFICIO) | Board, Officer | 50 | $736,571 | $0 | $56,391 | $792,962 |
| Albert Sacco Jr | CHIEF ACADMEIC OFFICER & PROVOST | Officer | 50 | $452,880 | $0 | $27,036 | $479,916 |
| Donna Golemme | VP FOR FINANCE & ADMINISTRATION | Officer | 50 | $329,721 | $0 | $54,468 | $384,189 |
| Jessica Townsend | FORMER INTERIM ACAD VP FOR EXT ENG | Former | 50 | $203,914 | $0 | $43,528 | $247,442 |
| Jennifer Edmonds | ASSOCIATE VP FOR FINANCE/CONTROLLER | Highly paid employee | 50 | $186,852 | $0 | $57,552 | $244,404 |
| Christopher Lee | ASSOCIATE DEAN | Highly paid employee | 50 | $189,021 | $0 | $54,608 | $243,629 |
| Lauren Taaffe | VICE PRESIDENT & CHIEF OF STAFF | Officer | 50 | $225,356 | $0 | $17,471 | $242,827 |
| Alisha Sarang-Sieminski | FORMER DEAN OF THE COLLEGE | Former | 50 | $218,233 | $0 | $19,052 | $237,285 |
| Richard Osterberg | CHIEF INFORMATION OFFICER | Highly paid employee | 50 | $198,149 | $0 | $30,718 | $228,867 |
| Robert Martello | PROFESSOR | Highly paid employee | 50 | $179,598 | $0 | $48,837 | $228,435 |
Sources
- IRS e-file return 202601259349303170 (Form 990, period ending 2025-06-30): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 06-1519057
- Organization website (as filed): www.olin.edu