Lake Erie College of Osteopathic Medicine
Erie, PA · EIN 25-1698677 · Education · Rank 2,690 by total revenue
The mission of lake erie college of osteopathic medicine (lecom) is to prepare students to become osteopathic physicians, pharmacy practitioners and dentists through programs of excellence in education, research, clinical care, and community services to enhance the quality of life through improved health for all humanity.
Money, Form 990 for tax year 2024
- Total revenue
- $230,492,050
- Total expenses
- $134,394,858
- Total assets
- $1,180,027,575
- Salary base (all salaries and wages)
- $47,324,440
- Salaries, other pay and benefits
- $59,765,779
- Employees
- 1,056
- Salary base per employee
- $44,815
"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 (11)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Silvia M Ferretti DO | PROVOST/VP OF ACADEMICS | Officer | 73 | $1,766,916 |
| John M Ferretti DO | PRESIDENT/CEO | Board, Officer | 56 | $1,609,483 |
| Mary L Eckert | SECRETARY | Board, Officer | 4 | $723,538 |
| Steven G Inman CPA Cgma | VP FISCAL AFFAIRS/CFO | Officer | 28 | $445,293 |
| Marlene D Mosco | CHAIRMAN | Board, Officer | 1 | None reported |
| James Y Lin DO | TRUSTEE | Board | 1 | $697,790 |
| Dennis M Styn | TRUSTEE | Board | 5 | $350,579 |
| Thomas J Wedzik | TRUSTEE | Board | 1 | $31,000 |
| Joan L Moore DO | TRUSTEE | Board | 1 | None reported |
| Nancy Peaden | TRUSTEE | Board | 1 | None reported |
| Suzanne K Kelley DO | TRUSTEE | Board | 1 | None reported |
Top 10 paid people listed
These 10 people received $7,300,916, which is 15.4% of the $47,324,440 salary base shared by 1,056 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Silvia M Ferretti DO | PROVOST/VP OF ACADEMICS | Officer | 73 | $1,727,650 | $0 | $39,266 | $1,766,916 |
| John M Ferretti DO | PRESIDENT/CEO | Board, Officer | 56 | $1,570,358 | $0 | $39,125 | $1,609,483 |
| Mary L Eckert | SECRETARY | Board, Officer | 4 | $0 | $690,230 | $33,308 | $723,538 |
| James Y Lin DO | TRUSTEE | Board | 1 | $0 | $642,911 | $54,879 | $697,790 |
| Richard Terry DO | ASSOCIATE DEAN OF ACADEMIC AFFAIRS | Highly paid employee | 40 | $413,453 | $0 | $49,032 | $462,485 |
| Steven G Inman CPA Cgma | VP FISCAL AFFAIRS/CFO | Officer | 28 | $406,338 | $0 | $38,955 | $445,293 |
| Michael Rowane DO | ASSOCIATE DEAN OF CLINICAL EDUCATION | Highly paid employee | 40 | $380,038 | $0 | $45,728 | $425,766 |
| Mark Kauffman DO | ASSOCIATE DEAN OF ACADEMIC AFFAIRS | Highly paid employee | 40 | $362,875 | $0 | $34,137 | $397,012 |
| Richard E Ferretti ESQ | DIRECTOR OF RISK MANAGEMENT AND CORPORATE COMPLIAN | Highly paid employee | 40 | $347,604 | $0 | $45,344 | $392,948 |
| Matthew Bateman PHD | ASSISTANT PROVOST OF INSTITUTIONAL EFFECTIVENESS | Highly paid employee | 40 | $338,253 | $0 | $41,432 | $379,685 |
Sources
- IRS e-file return 202611349349301886 (Form 990, period ending 2025-06-30): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 25-1698677
- Organization website (as filed): www.lecom.edu