EIN 42-0681046

Mount Mercy University

IRS 501(c) type
501(c)(3)
Num. employees
801
State
Year formed
1928
Most recent tax filings
2023-06-01
Description
Catholic University providing student focused baccalaureate and graduate education in the spirit of the sisters of Mercy. Welcomes women and men of all beliefs to join the community in pursuit of education and service to those in need.
Related structure
Mount Mercy University is child organization, under the parent exemption from United States Conference of Catholic Bishops (USCCB).
Total revenues
$54,383,606
2023
Total expenses
$57,406,187
2023
Total assets
$100,941,068
2023
Num. employees
801
2023

Program areas at Mount Mercy University

Instruction: provide graduate and undergraduate higher education in programs including traditional daytime format, non traditional evening format, online, and accelerated evening and weekend format. Degrees granted include mft, msn, mba, msl, ma in education, mm, dmft, and dnp (graduate programs) and ba, bs, bas, bsn and bba (undergraduate programs). For fall of 2022, there were 1,081 traditional, 83 accelerated and 157 graduate, 107 online, and 98 online graduate students. Total undergraduate fte was 1,141; graduate fte was 219.
Academic support: provide academic resources to all students including library services, computer center and labs, academic assistance and campus ministries.
Auxiliary services: provide residence halls with capacity of 450 students, meals (board plans) for residential and non-residential students and bookstore for textbook purchases.
Student services: athletics, health services, admissions and financial aid.

Who funds Mount Mercy University

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Lee and Andrea Liu FoundationTuition Scholarships To College Students$113,380
Keech Scholarship FundScholarship$90,000
Greater Cedar Rapids Community Foundation (GCRCF)Other: MT Mercy Athletics Appeal, Annual Designated Distribution for the Mount Mercy Library, Annual Designated Distribution for Mount Mercy University Graduate Center, Annual Designated Distribution for Business Or Fine Arts Scholarships, General Support: Day of Caring May 2022, Scholarship Fund, 2022 General Support, 2022 College Opportunity Scholarship, 2022 Ralph Plagman Scholarship$76,100
...and 32 more grants received totalling $637,072

Personnel at Mount Mercy University

NameTitleCompensation
Anne GillespieVice President for Business and Finance$170,546
Brittney BurmahlVice President for Business and Finance and Controller
Brenda HaefnerVice President for Development and Alumni Relations$151,625
Todd ColemanVice President for Enrol and Student Success$116,206
Nate KleinVice President for Student Success$112,284
...and 17 more key personnel

Financials for Mount Mercy University

RevenuesFYE 06/2023
Total grants, contributions, etc.$6,462,921
Program services$46,095,226
Investment income and dividends$656,695
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$363,471
Net income from fundraising events$-7,700
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$812,993
Total revenues$54,383,606

Form 990s for Mount Mercy University

Fiscal year endingDate received by IRSFormPDF link
2023-062023-12-18990View PDF
2022-062023-02-21990View PDF
2021-062022-05-13990View PDF
2020-062021-04-12990View PDF
2019-062020-08-10990View PDF
...and 9 more Form 990s
Data update history
November 24, 2024
Received grants
Identified 4 new grant, including a grant for $44,029 from Lavern T Busse and Audrey Busse Foundation
August 10, 2024
Received grants
Identified 14 new grant, including a grant for $47,737 from Iowa College Foundation
May 18, 2024
Received grants
Identified 1 new grant, including a grant for $75,000 from Carleen and Eugene Grandon Charitable Foundation
February 6, 2024
Posted financials
Added Form 990 for fiscal year 2023
February 6, 2024
Updated personnel
Identified 3 new personnel
Nonprofit Types
SchoolsHigher ed institutionsChapter / child organizations
Issues
Education
Characteristics
CatholicChristianReligiousFundraising eventsOperates internationallyNational levelReceives government fundingEndowed supportCommunity engagement / volunteeringProvides scholarshipsFundraising races, competitions, and tournamentsTax deductible donationsAccepts online donations
General information
Address
1330 Elmhurst Dr Ne
Cedar Rapids, IA 52402
Metro area
Cedar Rapids, IA
County
Linn County, IA
Website URL
mtmercy.edu/ 
Phone
(319) 363-1323
Facebook page
mountmercyuniversity 
Twitter profile
@mountmercy 
IRS details
EIN
42-0681046
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1928
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
Child within group exemption
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Exempt
FTB status revoked
Not revoked
AG Registration Number
CT0223215
FTB Entity ID
None yet
AB 488 data last updated ("as-of") date
2024-11-20
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