2023-05-15T14:21:47-07:00 2022-06-30 990 2021-07-01 381360586 UNIVERSITY OF DETROIT MERCY UNIV 3139931000 4001 W McNichols Rd Detroit MI 482213038 Thomas Manceor Chief Financial Officer 3139931508 2023-05-15 1 11 1 AAL2 2021 2023-04-26 12:10:37Z Thomas Manceor 4001 W McNichols Road Detroit MI 48221 228606677 0 0928 X www.udmercy.edu X 1881 MI The University of Detroit Mercy, a Catholic university in the Jesuit and Mercy traditions, exists to provide excellent student-centered undergraduate and graduate education in an urban context. A UDM education seeks to integrate the intellectual spiritual, ethical and social development of students. 24 23 2211 300 0 0 28465862 38470947 140051409 145923576 3313437 4643704 0 0 171830708 189038227 8110300 8147658 0 0 100599560 104678001 26450 26450 4499480 51788431 58655028 160524741 171507137 11305967 17531090 289746215 293919419 99873819 100162577 189872396 193756842 Detroit Mercy, a Catholic university in the Jesuit and Mercy traditions, exists to provide excellent student-centered undergraduate and graduate education in an urban context. A UDM education seeks to integrate the intellectual, spiritual, ethical and social development of students. 0 0 99531937 8147658 137989959 Delivered educational programs to approximately 2,410 undergraduate and 1,095 graduate students in five colleges and 1,208 professional students in the Dental and Law schools; provided research activities and public service programs and academic support services including three libraries, IT communications, computing and web services, scientific and medical labs, and two dental clinics. 12330648 0 7933617 Provided higher education auxiliary services including housing and food services to approximately 465 resident students and food services to commuter students, faculty and staff; and an NCAA division I athletic program that is known for high academic achievement and excellent graduation rates. 16087243 0 0 Provided students services and campus activities that aid students in the successful accomplishment of a college degree, including registration, advising, financial aid, co-op education and student life activities such as sports, student clubs, speaker programs and social events. 0 0 0 127949828 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 0 1 0 1 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 1 0 0 0 0 1 550 0 2211 1 0 0 0 0 0 0 0 1 1 0 0 0 X 24 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MI X Thomas Manceor 3139931508 4001 W McNichols Rd Detroit MI 482213038 Antoine M Garibaldi PhD President 40 0 X X 739892 0 41449 Michael Davis Head Coach - Men Basketball 40 0 X 444859 0 43832 Pamela Zarkowski Provost & Vice President for Academic Affairs 40 0 X 384204 0 38656 Mert N Aksu Dean School of Dentistry 40 0 X 361321 0 41494 Thomas Manceor Vice President Finance & Administration 40 0 X 327639 0 43509 Ahmad Maalhagh-Fard Associate Professor & Dir Faculty Success Program 40 0 X 273639 0 72602 Joseph G Eisenhauer Dean College of Business Administration 40 0 X 247527 0 39215 Arnold D'Ambrosio Vice President of Advancement 40 0 X 228775 0 38860 Mark E Denham Dean College of Liberal Arts & Education 40 0 X 215932 0 39864 Robert C Vowels Athletic Director 40 0 X 215813 0 39112 Michael Dosch Professor of Nurse Anesthesiology 40 0 X 208350 0 40904 Dincer C Gurun Associate Professor of Clinical Dentistry 40 0 X 208076 0 40404 Deborah C Stieffel Vice President of Enrollment & Student Affairs 40 0 X 202413 0 37239 Riyad Al-Qawasmi Associate Professor of Graduate Orthodontics 40 0 X 218315 0 13234 Jelani Jefferson Exum Dean School of Law 40 0 X 198453 0 26420 Anthony Neely Associate Professor of Graduate Periodontics 40 0 X 205808 0 18556 Katherine Snyder Dean College of Engineering & Science 40 0 X 190286 0 30592 Omid Sabbaghi Associate Professor Business Administration 40 0 X 178983 0 41385 Janet Baiardi Interim Dean College of Health Professions 40 0 X 176108 0 34015 Daniel Pitera Dean School of Architecture & Community Development 40 0 X 169350 0 38879 Monica M Barbour University Secretary & Legal Counsel 40 0 X X 148720 0 33620 William Wittig Professor School of Architecture 40 0 X 129531 0 36075 Neal Rosenburg Professor of Health Professions & McAuley School of Nursing 40 0 X 130598 0 21242 Troy Harris Associate Professor of Law 40 0 X 102883 0 36663 James P Holland Vice Chairman of the Board 1 0 X 0 0 0 Michael T McNamara Chairman of the Board 1 0 X 0 0 0 Sr Michelle Gorman RSM Trustee 1 0 X 0 0 0 Sean P Moran Trustee 1 0 X 0 0 0 Rev Theodore Muntz Trustee 1 0 X 0 0 0 Nancy A Susick MSN RN Trustee 1 0 X 0 0 0 Sr Helen Marie Burns RSM PhD Trustee 1 0 X 0 0 0 Sr Michele T Aronica RSM PhD Trustee 1 0 X 0 0 0 Mary Fisher Trustee 1 0 X 0 0 0 Emil Brolick Trustee 1 0 X 0 0 0 Joseph G Mueller SJ STD Trustee 1 0 X 0 0 0 Eric J Stanczak Jr Trustee 1 0 X 0 0 0 Michael J Brenner Trustee 1 0 X 0 0 0 Ronald V Fournier Trustee 1 0 X 0 0 0 Georgette Morrow Trustee 1 0 X 0 0 0 Saad Nadhir Trustee 1 0 X 0 0 0 Rev Brian F Linnane Trustee 1 0 X 0 0 0 Jeffrey J Bourgoin Trustee 1 0 X 0 0 0 Sr Judith A Carey RSM PhD Trustee 1 0 X 0 0 0 Michael A Carter Sr Trustee 1 0 X 0 0 0 Meredith R Harper Trustee 1 0 X 0 0 0 Nancy E Hazely Trustee 1 0 X 0 0 0 Rev J Thomas McClain SJ Trustee 1 0 X 0 0 0 5907475 0 887821 204 1 1 0 Metz Culinary Management 2 Woodland Dr Dallas PA 186129159 Meal and Catering Services 2086788 Ellucian Company 4375 Fair Lakes Ct Ste 3000 Fairfax VA 220334234 Software & System Support 347426 Butzel Long 150 W Jefferson Ste 100 Detroit MI 482264330 Lawyers 752322 VHS of Michigan MOB First Independence Bank PO Box 33461 Detroit MI 482325461 Rent - Lease for Dental Clinic Space 342252 Outfront Media 185 US Highway 46 Fairfield NJ 070042321 Advertising 260540 20 0 0 0 0 19646280 18824667 0 38470947 Tuition (including other Departmental) 611310 137989959 137989959 0 0 Auxiliary Enterprises 611710 7933617 7933617 0 0 0 0 0 0 145923576 3659733 3659733 0 0 0 0 0 0 0 0 0 0 0 0 40552421 0 39568450 0 983971 0 983971 983971 0 0 0 0 189038227 150567280 0 0 0 0 8147658 8147658 0 0 0 0 5200932 2387095 2475171 338666 0 0 0 0 75759670 65622144 8567549 1569977 5333547 2447962 2538284 347301 12803033 5876264 6093081 833688 5580819 2561453 2655963 363403 0 0 0 0 715703 1955 713748 0 148250 0 148250 0 156433 0 156433 0 26450 26450 235550 0 235550 0 14999649 10715734 4148809 135106 1530334 288252 1222899 19183 8667113 7667546 764413 235154 3352566 2721749 496701 134116 0 0 0 0 5162859 1394452 3766287 2120 2208304 1838183 321771 48350 0 0 0 0 915379 602798 135003 177578 1812161 1522267 247172 42722 0 0 0 0 8660715 7275250 1181289 204176 2521542 1295986 1225556 0 Small Tools & Equipment 298312 262607 35698 7 Bad Debt & Collection Expense 1944015 278351 1665664 0 Dues & Memberships 767574 483553 262538 21483 Grants and Student Related Stipends 4558569 4558569 0 0 0 0 0 0 171507137 127949828 39057829 4499480 0 0 40545662 53504203 4572202 6086570 10137209 9640733 0 0 0 0 13907606 13802588 0 0 757124 2388059 293602059 161038152 124901399 132563907 92370705 75933359 2554308 0 0 0 0 0 0 0 289746215 293919419 23164190 18833072 0 0 10399075 9869143 40220390 52195957 0 0 0 0 0 0 0 26090164 19264405 99873819 100162577 X 101805517 109215356 88066879 84541486 189872396 193756842 289746215 293919419 X 17531090 -18867666 0 0 -3672 5224694 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 0 0 0 93964421 5803903 -14473022 2035056 -3000 0 83263246 73848701 3590283 18401688 1917870 -41619 0 93964421 69415105 4892016 1431516 1889936 0 0 73848701 63253433 4211000 3363000 1412000 0 0 69415433 50004277 11401156 3351000 1503000 0 0 63253433 0.14 0.7 0.16 0 0 0 7993261 7993261 0 183988854 99747760 84241094 0 0 0 0 0 44979588 36644168 8335420 0 56640356 24646224 31994132 132563907 0 Accrued postretirement benefits 4611274 Federal student loans 12872859 Fair value of interest rate SWAP agreement 1780272 19264405 161783680 -18867666 0 0 -8147658 -27015324 188799004 235550 3673 239223 189038227 163123929 0 0 0 0 0 163123929 235550 8147658 8383208 171507137 Schedule D, Part V, Line 4 Income from endowments is predominately intended for scholarships and program support. Schedule D, Part XI, Line 2d Funded scholarships of $ 8,147,658 netted against revenue in the financial statements, but included in expenses in the 990. Schedule D, Part XI, Line 4b Prior year end adjustments. Schedule D, Part XII, Line 4b Funded scholarships of $ 8,147,658 netted against revenue in the financial statements, but included in expenses in the 990. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 Detroit Mercy's racially non-discriminatory policy is publicized by advertisements in newspapers, on billboards, on television and on radio stations that are specifically targeted to reach a diverse racial and cultural population in the city of Detroit and its near suburbs. Schedule E, Part I, Line 6 Detroit Mercy receives various Federal and State grants for scholarships, research support and other program activities X X X X X X 1 Shift Marketing 1737 Union Street Suite 203 Schenectady NY 123096275 Phone solicitation of gifts. 0 38800 12350 26450 38800 12350 26450 MI MN NH OR SC WA WI 1 Federal SEOG 908 1429849 0 MI Tuition 999 2500158 0 Detroit Mercy Expendable 197 768461 0 Detroit Mercy Endowment 349 1667302 0 Other MI State Grants 338 686920 0 Other Federal Grants 77 1079406 0 Various DM Departmental 1 15562 0 Schedule I, Part I, Line 2 All grants are issued through the UDM Financial Aid office. The FA counselors communicate with students and monitor students' status and educational programs. X X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 Michael Davis Head Coach - Men BB 437059 0 0 0 7800 0 17656 0 26176 0 488691 0 0 0 Pamela Zarkowski VP 384204 0 0 0 0 0 17772 0 20883 0 422859 0 0 0 Mert N Aksu Dean 361321 0 0 0 0 0 20082 0 21411 0 402814 0 0 0 Thomas Manceor VP Business and Finance 327639 0 0 0 0 0 20356 0 23153 0 371148 0 0 0 Ahmad Maalhagh-Fard Assoc Professor 273639 0 0 0 0 0 16922 0 55679 0 346240 0 0 0 Joseph G Eisenhauer Dean 247527 0 0 0 0 0 18212 0 21003 0 286742 0 0 0 Dincer C Gurun Clinical Assoc Professor 208076 0 0 0 0 0 14304 0 26101 0 248481 0 0 0 Arnold D'Ambrosio VP 220975 0 0 0 7800 0 16209 0 22651 0 267635 0 0 0 Michael Dosch Professor 208350 0 0 0 0 0 19901 0 21003 0 249254 0 0 0 Omid Sabbaghi Associate Professor 178983 0 0 0 0 0 18475 0 22910 0 220368 0 0 0 Neal Rosenburg Former Dean 130598 0 0 0 0 0 11077 0 10165 0 151840 0 0 0 Mark E Denham Dean 215932 0 0 0 0 0 16110 0 23753 0 255795 0 0 0 Robert C Vowels Athletic Director 208013 0 0 0 7800 0 14683 0 24430 0 254926 0 0 0 Deborah C Stieffel VP 202413 0 0 0 0 0 15041 0 22198 0 239652 0 0 0 Janet Baiardi Interim Dean College of Health Professions 176108 0 0 0 0 0 13132 0 20883 0 210123 0 0 0 Katherine Snyder Dean 190286 0 0 0 0 0 11752 0 18840 0 220878 0 0 0 Daniel Pitera Dean 169350 0 0 0 0 0 12778 0 26101 0 208229 0 0 0 Anthony Neely Associate Professor 204308 0 0 0 1500 0 15793 0 2763 0 224364 0 0 0 William Wittig Professor (Former Dean) 129531 0 0 0 0 0 13575 0 22500 0 165606 0 0 0 Jelani Jefferson Exum Dean 198453 0 0 0 0 0 0 0 26420 0 224873 0 0 0 Antoine M Garibaldi PhD President 528475 0 208000 0 3417 0 19065 0 22383 0 781340 0 0 0 Monica M Barbour Secretary 148720 0 0 0 0 0 10937 0 22683 0 182340 0 0 0 Troy Harris Associate Professor of Law 102883 0 0 0 0 0 7812 0 28851 0 139546 0 0 0 Riyad Al-Qawasmi Associate Professor of Graduate Orthodontics 216814 0 0 0 1500 0 13221 0 13 0 231548 0 0 0 Schedule J, Part I, Line 1a The President has a discretionary spending account for which health or social club dues may be paid. Dues for social club membership are also paid for Athletic Director and the Men's Basketball Coach. Schedule J, Part I, Line 3 Detroit Mercy has a Compensation Committee of the BOT AVP of Human Resources to determine compensation for the President and other executives of the University. A compensation committee meeting was held during FY22. Salary ranges are established after reviewing Executive salary data from peer institutions, Chronicle of Higher ED Annual Exec Comp report, and AJCU CompSurvey and CUPA data. A recommendation is made to the BOT for review and approval. A Michigan Finance Authority Higher Education Facilities 521285150 594519K25 2019-01-19 23860000 Refund Series 2007 Bonds 0 0 0 B Michigan Finance Authority Higher Education Facilities 521285150 594479AV9 2019-01-19 13985000 Refund Series 2011 Bonds 0 0 0 C Michigan Finance Authority Higher Education Facilities 521285150 2020-01-29 14000000 Renovations to the Student Union Bldg and Other Bldg 0 0 0 A 2820000 0 23860000 0 0 0 0 0 0 23860000 0 1 0 1 1 B 1090000 0 13985000 0 0 0 0 0 0 0 13985000 0 1 0 1 1 C 0 0 13400000 0 0 0 0 0 0 13400000 0 0 0 0 1 1 A 0 0 1 1 0 0 0 0 0 0 1 B 0 1 1 1 0 0 0 0 0 0 1 C 0 0 1 1 0 0 0 0 0 0 1 A 1 1 1 Citizen's Bank 27.7 0 0 0 0 1 B 1 1 1 Citizen's Bank 27.7 0 0 0 0 1 C 1 1 1 Fifth Third Bank 10 0 0 0 0 1 A 1 B 1 C 1 Students Dependent of Officer/Key Employee 30154 Tuition Remission Employee Benefit X 17 925462 FMV 0 0 1 1 Schedule M, Part I, Line 32b The university maintains a brokerage relationship to facilitate the processing and selling of securities from donors. Form 990, Part VI, Section B, Line 11b The CFO, through the Controller's office, submits the completed 990 to the Finance Committee of the Board of Trustees (BOT) for review. At the same time, the completed 990 is made available online to the full BOT through a dedicated and password protected website of the University. The BOT has the opportunity for a stated period of time, to make comments or ask questions regarding the Form 990, after which it is filed. Form 990, Part VI, Section B, Line 12c The BOT receives reminders of the duty to disclose any conflict of interest as defined in the policy. Conflict of Interest forms are available through the Corporate Secretary at each full Board meeting. Form 990, Part VI, Section B, Line 15 Detroit Mercy has a Compensation Committee of the BOT AVP of Human Resources to determine compensation for the President and other executives of the University. A compensation committee meeting was held during FY22. Salary ranges are established after reviewing Executive salary data from peer institutions, Chronicles of Higher ED Annual Exec Comp report, and AJCU CompSurvey and CUPA data. A recommendation is made to the BOT for review and approval. Form 990, Part VI, Section C, Line 19 Detroit Mercy makes it's governing documents, conflict of interest policy and financial statement available upon request. Form 990, Part XI, Line 9 Includes gain on value of interest SWAP agreement $3,646,037 and non-operating gain for post- retirement benefits of $1,578,658. Dexter Holdings LLC 651 E Jefferson Detroit MI 48226 381360586 Acts as agent of UDM in various transactions MI 0 0 N/A We filed for an automatic extension of time.