NonprofitsMount Mercy University

Education

Mount Mercy University

CEDAR RAPIDS, IA

Total revenue

$53.1M

Total expenses

$56.2M

Net assets

$84.9M

Grants received

$3.8M

157 grants

EIN

420681046

Tax year

2023

Mission

Provide undergraduate and graduate higher education for approximately 1,400 students.

Programs

3 programs

Auxiliary services: provide residence halls with capacity of 450 students, meals (food plans) for residential and non-residential students and bookstore for textbook purchases.

Expenses: $5.1M

Academic support: provide academic resources to all students including library services, computer center and labs, academic assistance and campus ministries.

Expenses: $4.1M

Student services: athletics, health services, admissions and financial aid.

Expenses: $8.1M

Financials

FY 2023

Revenue

Contributions & grants$3.8M
Program service revenue$47.0M
Investment income$2.0M
Other revenue$235K
Total revenue$53.1M

Expenses

Grants paid$22.9M
Salaries & benefits$18.5M
Fundraising$978K
Other expenses$14.6M
Total expenses$56.2M
Total assets$100.2M
Net assets$84.9M

People

36 listed

NameRoleCompensation

TODD OLSON

PRESIDENT

Board

$233K

40 hrs/wk

ANNE GILLESPIE

VP FOR BUSINESS & FINANCE

Board

$171K

40 hrs/wk

TOM CASTLE

PROVOST

Board

$131K

40 hrs/wk

BRITTNEY BURMAHL

VP FOR BUSINESS & FINANCE

Board

$89K

40 hrs/wk

DR MELANIE GIESLER-SPELLMAN

TRUSTEE

Board

1 hrs/wk

MAGDA GOLOBIC

TRUSTEE

Board

1 hrs/wk

SISTER DELORES HANNON

TRUSTEE

Board

1 hrs/wk

RONALD HEROLD

TRUSTEE

Board

1 hrs/wk

NANCY KASPAREK

TRUSTEE

Board

1 hrs/wk

ROBERT KAZIMOUR

TRUSTEE

Board

1 hrs/wk

DR RICHARD KETTELKAMP

TRUSTEE

Board

1 hrs/wk

BARBARA KNAPP

TRUSTEE

Board

1 hrs/wk

JASON MILLER

TRUSTEE

Board

1 hrs/wk

JAMES NIKRANT

TRUSTEE

Board

1 hrs/wk

SISTER SUSAN O'CONNOR

TRUSTEE

Board

1 hrs/wk

SISTER LAURA REICKS

TRUSTEE

Board

1 hrs/wk

DR VINCENT REID

TRUSTEE

Board

1 hrs/wk

LEANN RIDGEWAY

TRUSTEE

Board

1 hrs/wk

JOHN RINDERKNECHT

TRUSTEE

Board

1 hrs/wk

DYAN SMITH

TRUSTEE

Board

1 hrs/wk

KRISTEN TROVAS

TRUSTEE

Board

1 hrs/wk

MICHAEL WEHR

TRUSTEE

Board

1 hrs/wk

DR RUTH WHITE

TRUSTEE

Board

1 hrs/wk

CHARLES ROHDE

BOARD CHAIR & TRUSTEE

Board

1 hrs/wk

MICHELE BUSSE

BOARD CHAIR-ELECT & TRUSTEE

Board

1 hrs/wk

SISTER MARGARET WEIGEL

BOARD SECRETARY & TRUSTEE

Board

1 hrs/wk

BRANDT WORLEY

IMMEDIATE PAST CHAIR & TRUSTEE

Board

1 hrs/wk

BARBARA BARHAMAND

TRUSTEE

Board

1 hrs/wk

TERRI CHRISTOFFERSEN

TRUSTEE

Board

1 hrs/wk

LOREN COPPOCK

TRUSTEE

Board

1 hrs/wk

TAMI CULVER

TRUSTEE

Board

1 hrs/wk

BRENDA HAEFNER

VP DEV & ALUMNI RELATIONS

Staff

$151K

40 hrs/wk

JAY COLEMAN

VP ENROLLMENT & MARKETING

Staff

$121K

40 hrs/wk

KIM BRO

DEAN COLLEGE OF NURSING

Staff

$118K

40 hrs/wk

JENNIFER RASMUSSEN

PROFESSOR OF EDUCATION & DEPT CHAIR

Staff

$108K

40 hrs/wk

TOM DOERMANN

VP FOR OPERATIONS

Staff

$108K

40 hrs/wk

Independent contractors

ARAMARK CORPORATION - CAMPUS SERVICES

FOOD SERVICES

$2.1M

EAB GLOBAL INC

STUDENT RECRUITMENT & MARKETING SERVICES

$997K

RINDERKNECHT ASSOCIATES INC

CONSTRUCTION MANAGEMENT SERVICES

$563K

BRECKE MECHANICAL CONTRACTORS

MECHANICAL SERVICES

$323K

WINDSTAR LINES

BUS TRAVEL

$232K

Grants received

Showing 157 of 157

FromAmountPurposeYear
$83K
SCHOLARSHIP
2024
$75K
SUPPORT ESTABLISHED ORGANIZATION.
2024
$68K
HAVE MERCY, GIVE MERCY PROGRAM SUPPORT, MOUNT MERCY LIBRARY, MOUNT MERCY UNIVERSITY GRADUATE CENTER, BUSINESS OR FINE ARTS SCHOLARSHIPS, GENERAL SCHOLARSHIP FUND, CATHERINE MCAULEY SCHOLARSHIP PROGRAM, GENERAL SUPPORT
2024
$56K
PROVIDE SCHOLARSHIPS
2024
$56K
GENERAL OPERATING BUDGET
2024
$13K
SCHOLARSHIPS
2024
$10K
PROVIDE FUNDS FOR SERVICE TO COMMUNITY
2024
$10K
FOR RECIPIENT'S EXEMPT PURPOSE
2024
$9K
GENERAL PURPOSES
2024
$5K
Scholarship
2024
$1K
Tuition Assistance
2024
$1K
GENERAL OPERATING SUPPORT
2024
$80K
SCHOLARSHIP
2023
$75K
SUPPORT ESTABLISHED ORGANIZATION.
2023
$65K
GENERAL SUPPORT, GENERAL SUPPORT: HAVE MERCY, GIVE MERCY, 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, SCHOLARSHIP FUND, 2023 WASHINGTON ALUMNI SCHOLARSHIP, CATHERINE MCAULEY SCHOLARSHIP PROGRAM, MASTER OF STRATEGIC LEADERSHIP TUITION FOR LANISHA CASSELL - BN500 ORGANIZATIONAL EFFECTIVENESS, AREA OF GREATEST NEED/GENERAL SUPPORT
2023
$55K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$49K
PROVIDE SCHOLARSHIPS
2023
$44K
GENERAL OPERATING BUDGET
2023
$16K
PRIVATE COLLEGE CARVER SCHOLARSHIP PROGRAM
2023
$15K
EDUCATION SUPPORT
2023
$13K
SCHOLARSHIPS
2023
$12K
Hurvis Scholar #8
2023
$11K
For grant recipient's exempt purposes
2023
$10K
College tuition scholarships to attend Mt. Mercy University for students receiving the Fr. Graham Scholarship
2023
$10K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$10K
PROVIDE FUNDS FOR SERVICE TO COMMUNITY
2023
$8K
GENERAL PURPOSES
2023
$8K
Scholarship for Omar Salinas ($7,500)
2023
$6K
DONOR DESIGNATION SUPPORT
2023
$5K
PROGRAM/OPERATING SUPPORT
2023
$5K
Scholarship
2023
$3K
TO PROVIDE EDUCATIONAL SCHOLARSHIPS
2023
$3K
2023 LCL SCHOLARSHIP
2023
$2K
SCHOLARSHIPS
2023
$2K
Catherine McAuley Scholars Program
2023
$1K
2023 LCL SCHOLARSHIP
2023
$50
GENERAL CONTRIBUTION
2023
$600K
GENERAL CONTRIBUTION
2022
$113K
TUITION SCHOLARSHIPS TO COLLEGE STUDENTS
2022
$76K
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
2022
$55K
GENERAL OPERATING BUDGET
2022
$50K
GENERAL OPERATING SUPPORT
2022
$48K
PROVIDE SCHOLARSHIPS
2022
$16K
PRIVATE COLLEGE CARVER SCHOLARSHIP PROGRAM
2022
$15K
SCHOLARSHIPS
2022
$15K
EDUCATION SUPPORT
2022
$15K
TO SUPPORT THE MISSION OF THE ORGANIZATION
2022
$12K
Hurvis Scholar #7
2022
$12K
Hurvis Scholar #8
2022
$12K
GENERAL PURPOSES
2022
$10K
GENERAL SUPPORT
2022
$10K
PROVIDE FUNDS FOR SERVICE TO COMMUNITY
2022
$6K
PROGRAM SUPPORT
2022
$6K
PROGRAM SUPPORT
2022
$6K
SCHOLARSHIP
2022
$5K
BOWLING TEAM PROGRAM SUPPORT
2022
$5K
RELIGIOUS EDUCATION
2022
$5K
SCHOLARSHIP
2022
$3K
SCHOLARSHIPS
2022
$3K
2022 LCL SCHOLARSHIP
2022
$3K
Scholarship for Omar SALINAS
2022
$3K
Scholarship for Omar SALINAS
2022
$2K
SCHOLARSHIP
2022
$2K
2022 LCL SCHOLARSHIP
2022
$2K
HANNAH JOY OLSON ENDOWED SCHOLARSHIP
2022
$1K
CATHERINE MCAULEY SCHOLARS PROGRAM
2022
$1K
GENERAL OPERATING BUDGET
2022
$1K
SCHOLARSHIP
2022
$1K
EDUCATIONAL SCHOLARSHIPS
2022
$725
GENERAL SUPPORT
2022
$250
GENERAL SUPPORT
2022
$75K
GENERAL OPERATING BUDGET
2021
$75K
SUPPORT ESTABLISHED ORGANIZATION.
2021
$48K
PROVIDE SCHOLARSHIPS
2021
$46K
For grant recipient's exempt purposes
2021
$46K
For grant recipient's exempt purposes
2021
$16K
PRIVATE COLLEGE CARVER SCHOLARSHIP PROGRAM
2021
$15K
EDUCATION SUPPORT
2021
$14K
SCHOLARSHIPS
2021
$10K
RELIGIOUS EDUCATION
2021
$10K
PROVIDE FUNDS FOR SERVICE TO COMMUNITY
2021
$4K
SCHOLARSHIP
2021
$3K
SCHOLARSHIPS
2021
$2K
EDUCATIONAL SCHOLARSHIP
2021
$1K
CATHERINE MCAULEY SCHOLARS PROGRAM
2021
$1K
GENERAL OPERATING BUDGET
2021
$50
SUPPORT OF ACCOUNTING DEPARTMENT
2021
$90K
SCHOLARSHIP
2020
$85K
ENGAGING OUR COMMUNITY IN STEWARDSHIP AND SUSTAINABILITY
2020
$54K
GENERAL SUPPORT, AMIR HADZIC MMU SOCCER FIELD, DAY OF MERCY MAY 1, 2020, ANNUAL DESIGNATED DISTRIBUTION FOR MOUNT MERCY UNIVERSITY GRADUATE CENTER, ANNUAL DESIGNATED DISTRIBUTION FOR BUSINESS OR FINE ARTS SCHOLARSHIPS, ANNUAL DESIGNATED DISTRIBUTION FOR THE MOUNT MERCY LIBRARY, PRESIDENTS FUND - IN HONOR OF PRESIDENT LAURIE HAMEN, SCHOLARSHIP FUND, BESONG FAMILY SCHOLARSHIP, GLIDDEN COMMUNITY SERVICE SCHOLARSHIP, COLLEGE OPPORTUNITY SCHOLARSHIP, HADZIC FIELD ENDOWMENT, AMIR HADZIC FIELD DONATION
2020
$48K
HURVIS SCHOLARS PROGRAM
2020
$45K
PROVIDE SCHOLARSHIPS
2020
$16K
PRIVATE COLLEGE CARVER SCHOLARSHIP PROGRAM
2020
$15K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$15K
GENERAL OPERATING BUDGET
2020
$13K
SCHOLARSHIPS
2020
$13K
GENERAL PURPOSES
2020
$11K
PROVIDE FUNDS FOR SERVICE TO COMMUNITY
2020
$10K
EDUCATION SUPPORT
2020
$8K
SCHOLARSHIP
2020
$5K
EMPLOYEE MATCHING GRANT
2020
$5K
SCHOLARSHIPS
2020
$2K
MATCHING GIFTS
2020
$2K
GENERAL OPERATIONS
2020
$2K
EDUCATIONAL SCHOLARSHIP
2020
$1K
CATHERINE MCAULEY SCHOLARS PROGRAM
2020
$850
GENERAL SUPPORT
2020
$500
GENERAL OPERATING
2020
$60K
PROVIDE SCHOLARSHIPS
2019
$16K
PRIVATE COLLEGE CARVER SCHOLARSHIP PROGRAM
2019
$2K
CATHERINE MCAULEY SCHOLARS PROGRAM
2019
$297K
GENERAL OPERATING BUDGET
2018
$14K
SCHOLARSHIPS
2018
$11K
PROVIDE FUNDS FOR SERVICE TO COMMUNITY
2018
$5K
GENERAL OPERATING BUDGET
2018
$5K
EDUCATION SUPPORT
2018
$2K
CATHERINE MCAULEY SCHOLARS PROGRAM
2018
$1K
SCHOLARSHIPS
2018
$500
GENERAL PURPOSES
2018
$250
PROGRAM/OPERATING SUPPORT
2018
$200K
INSTRUCTION FACILITIES FOR NURSING PROGRAM
2017
$57K
PROVIDE SCHOLARSHIPS
2017
$25K
GENERAL SUPPORT
2017
$15K
PRIVATE COLLEGE CARVER SCHOLARSHIP PROGRAM
2017
$7K
FEED THOSE IN NEED
2017
$2K
SCHOLARSHIPS
2017

Funded by

$3.8M from 58 funders · 157 grants · 2017–2024

Robert W Plaster Foundation Inc

$600K · 1 grant · 2022

Lavern T Busse & Audrey Busse Foundation

$542K · 6 grants · 2018–2024

Iowa College Foundation

$364K · 7 grants · 2017–2024

Roy J Carver Charitable Trust

$295K · 7 grants · 2017–2023

Greater Cedar Rapids Community

$263K · 4 grants · 2020–2024

Keech Scholarship Fund

$253K · 3 grants · 2020–2024

Carleen And Eugene Grandon

$225K · 3 grants · 2021–2024

The Lee & Andrea Liu Foundation

$113K · 1 grant · 2022

Details

EIN420681046
NTEE codeB420
Subsection03
Ruling date1946-03
Formed1928
Employees768
Volunteers250
MOUNT MERCY UNIVERSITY — Mission, Financials & Grants Received | Grantivo