2021-05-17T17:13:08-07:00 2020-06-30 990 2019-07-01 381360586 UNIVERSITY OF DETROIT MERCY UNIV 3139931000 4001 W McNichols Rd Detroit MI 482213038 Thomas Manceor Chief Financial Officer 3139931508 2021-05-17 2019 2022-09-23 18:48:47Z Thomas Manceor 4001 W McNichols Road Detroit MI 48221 207420093 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. 31 30 2555 300 0 0 27496134 28087144 146137073 143424707 3374103 3502243 0 0 177007310 175014094 7382300 8498574 0 0 107191581 104064274 23050 27200 4333990 54833174 51807805 169430105 164397853 7577205 10616241 253517191 253938690 98469653 93930425 155047538 160008265 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 98171138 8498574 117521191 Delivered educational programs to approximately 2,584 undergraduate and 1,148 graduate students in five colleges and 1,187 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. 12761868 0 9206369 Provided higher education auxiliary services including housing and food services to approximately 714 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. 13769088 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 124702094 1 1 0 1 0 0 0 0 0 1 1 0 1 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 1 597 0 1 2555 1 0 0 0 0 0 1 1 0 1 1 0 0 0 X 31 30 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X Thomas Manceor 3139931508 4001 W McNichols Rd Detroit MI 482213038 Antoine M Garibaldi PhD President 40 0 X X 786342 0 37167 Michael Davis Head Coach - Men BB 40 0 X 637701 0 40384 Pamela Zarkowski VP 40 0 X 373607 0 35667 Mert N Aksu Dean 40 0 X 347335 0 36187 Vincent Abatemarco Former VP Finance and Business 0 0 X 343880 0 7890 Thomas Manceor VP Business and Finance 40 0 X 329550 0 17277 Ahmad Maalhagh-Fard Assoc Professor 40 0 X 301791 0 37997 Arnold D'Ambrosio VP 40 0 X 222282 0 63253 Joseph G Eisenhauer Dean 40 0 X 240638 0 33750 Dincer C Gurun Clinical Assoc Professor 40 0 X 227387 0 37725 Neal Rosenburg Dean 40 0 X 228823 0 27835 Phyllis Crocker Dean 40 0 X 217324 0 32343 Anthony Neely Associate Professor 40 0 X 209775 0 38447 Robert C Vowels Athletic Director 40 0 X 211679 0 33007 Mark E Denham Dean 40 0 X 209813 0 34732 Omid Sabbaghi Associate Professor 40 0 X 204817 0 33194 Deborah C Stieffel VP 40 0 X 197342 0 31144 Katherine Snyder Dean 40 0 X 180840 0 27637 Daniel Pitera Dean 40 0 X 166447 0 34285 Janet Baiard Dean 40 0 X 152386 0 28962 Monica M Barbour Secretary 40 0 X 143137 0 34664 Roy Finkenbine Prof (former Dean) 40 0 X 123498 0 51013 William Wittig Dean 40 0 X 141065 0 29910 Richard Kulbersh Former Highest Paid - Professor 0 0 X 147419 0 18935 John D Lewis Trustee 1 0 X 0 0 0 Thomas P Capo Trustee 1 0 X 0 0 0 Brian Cloyd Trustee 1 0 X 0 0 0 Michael E Debs Trustee 1 0 X 0 0 0 Thomas P Dekar Trustee 1 0 X 0 0 0 Mary Ann Dillion RSM PhD Trustee 1 0 X 0 0 0 Eugene A Gargaro Jr Trustee 1 0 X 0 0 0 Sr Michelle Gorman RMS Trustee 1 0 X 0 0 0 James P Holland Trustee 1 0 X 0 0 0 Karl J Kiser SJ Trustee 1 0 X 0 0 0 Elizabeth A Linehan RSM PhD Trustee 1 0 X 0 0 0 Michael T McNamara Chairman of the Board 1 0 X 0 0 0 Denise Langford Morris Trustee 1.00 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 Rosberto McGinnis Trustee 1 0 X 0 0 0 Nancy A Susick MSN RN Trustee 1 0 X 0 0 0 Andrew J Thon SJ PhD Trustee 1 0 X 0 0 0 Peter J Treboldi Trustee 1 0 X 0 0 0 Angelo V Vitale Vice Chairman of the Board 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 6344878 0 803405 199 1 1 0 Metz Culinary Management 2 Woodland Dr Dallas PA 186129159 Meal and Catering Services 2712809 Fairview Construction Services LLC 28339 Beck Rd Ste F1 Wixom MI 483934753 Construction services 451305 Butzel Long 150 W Jefferson Ste 100 Detroit MI 482264330 Lawyers 255098 VHS of Michigan MOB First Independence Bank PO Box 33461 Detroit MI 482325461 Rent - Lease for Dental Clinic Space 321816 Outfront Media 185 US Highway 46 Fairfield NJ 070042321 Advertising 276608 19 0 0 0 0 16006963 12080181 0 28087144 Tuition (including Other Departmental) 611310 134218338 134218338 0 0 Auxiliary Enterprises 611710 9206369 9206369 0 0 0 0 0 0 143424707 2207179 0 0 2207179 0 0 0 0 0 0 0 0 0 0 33701063 0 32405999 0 1295064 0 1295064 1295064 0 0 0 0 175014094 144719771 0 2207179 0 0 8498574 8498574 0 0 0 0 5372025 2442668 2622320 307037 0 0 0 0 75436410 65897333 7909487 1629590 16933073 7699493 8265773 967807 6120939 2783200 2987898 349841 201827 91771 98520 11536 0 0 0 0 277146 14770 262376 0 130796 0 130796 0 111342 0 111342 0 27200 27200 184847 0 184847 0 14666361 11104514 3358762 203085 1502487 352582 1137534 12371 8716654 7714187 789075 213392 2421971 2249428 51374 121169 0 0 0 0 4706945 1292878 3410358 3709 2063775 1941925 83439 38411 0 0 0 0 1239572 907700 141172 190700 1605496 1357774 209245 38477 0 0 0 0 8272075 6995725 1078104 198246 1637921 1249505 388416 0 Bad Debt and Collection Expenses 2180607 349239 1831368 0 Small Tools and Equipment 344599 282099 62500 0 Dues and Memberships 675906 407424 247063 21419 Grant Related Student Stipends 1069305 1069305 0 0 0 0 0 0 164397853 124702094 35361769 4333990 0 34078507 36412024 4769315 4169095 9412318 9497867 115 0 0 0 0 0 657118 662679 258860099 144119456 115780613 114740643 65737501 71969016 7514003 2225173 15567701 14262193 0 0 0 0 253517191 253938690 24609302 19137135 0 0 9183454 9034022 37766484 36539672 0 0 0 0 0 0 0 0 26910413 29219596 98469653 93930425 X 87786102 89150349 67261436 70857916 155047538 160008265 253517191 253938690 X 10616241 -1401415 0 0 0 -4254099 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 111342 111342 158765206 158876548 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 86606 105201 78935 111342 382084 250000 250000 250000 250000 1000000 1500000 0 0 0 0 0 69415105 4892016 1431516 1889936 0 0 73848701 63253433 4211000 3363000 1412000 0 0 69415433 50004277 11401156 3351000 1503000 0 0 63253433 43455726 2140444 5625004 1216897 0 0 50004277 43908390 1718316 -1054832 1116148 0 0 43455726 0.1606 0.6631 0.1763 0 0 0 5921228 5921228 0 170499958 88776696 81723262 0 0 0 0 0 41059666 33001129 8058537 0 41379247 22341631 19037616 114740643 Student Loan Receivable 14262193 C 14262193 0 Accrued postretirement benefits 6829046 Federal Student Loans 14616934 Fair Value of Interest Rate SWAP Agreement 7773616 29219596 164929258 -1401415 0 0 -8498574 -9899989 174829247 184847 0 184847 175014094 159968532 0 0 1314668 2939432 4254100 155714432 184847 8498574 8683421 164397853 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 $8,498,574 netted against revenue in the financial statements, but included in expenses in the 990. Schedule D, Part XII, Line 2d Loss on fair market value of an interest rate swap of ($2,939,432) not included in the 990, but included in the financial statements. Schedule D, Part XII, Line 4b Funded scholarships of $8,498,574 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 The Stockade Consulting Group Inc DBA Shift Marketing 650 Franklin St Ste 503 Schenectady NY 123052169 Phone solicitation of gifts. 0 38789 27200 11589 38789 27200 11589 All States 1 Federal SEOG 3613 1416796 0 MI Tuition 1891 2246104 0 Detroit Mercy Expendable 1371 936404 0 Detroit Mercy Endowment 605 1502437 0 Other MI State Grants 1372 938741 0 Other Federal Grants 176 1210928 0 Detroit Mercy Other Departmental 203 1280741 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 Antoine M Garibaldi PhD President 531342 0 255000 0 0 0 16800 0 20367 0 823509 0 0 0 Pamela Zarkowski VP 373607 0 0 0 0 0 16800 0 18867 0 409274 0 0 0 Thomas Manceor VP Business and Finance 329550 0 0 0 0 0 10016 0 7261 0 346827 0 0 0 Arnold D'Ambrosio VP 214482 0 0 0 7800 0 13117 0 50136 0 285535 0 0 0 Deborah C Stieffel VP 197342 0 0 0 0 0 12157 0 18987 0 228486 0 0 0 Monica M Barbour Secretary 143137 0 0 0 0 0 9081 0 25584 0 177802 0 0 0 Mert N Aksu Dean 347335 0 0 0 0 0 16800 0 19387 0 383522 0 0 0 Joseph G Eisenhauer Dean 240638 0 0 0 0 0 14763 0 18987 0 274388 0 0 0 Neal Rosenburg Dean 228823 0 0 0 0 0 13480 0 14355 0 256658 0 0 0 Phyllis Crocker Dean 217324 0 0 0 0 0 13356 0 18987 0 249667 0 0 0 Mark E Denham Dean 209813 0 0 0 0 0 13045 0 21687 0 244545 0 0 0 Katherine Snyder Dean 180090 0 0 0 750 0 11158 0 16479 0 208477 0 0 0 Daniel Pitera Dean 166447 0 0 0 0 0 10616 0 23669 0 200732 0 0 0 Janet Baiard Dean 152386 0 0 0 0 0 10095 0 18867 0 181348 0 0 0 Michael Davis Head Coach - Men BB 425551 0 200450 0 11700 0 16800 0 23584 0 678085 0 0 0 Ahmad Maalhagh-Fard Assoc Professor 301791 0 0 0 0 0 16800 0 21197 0 339788 0 0 0 Dincer C Gurun Clinical Assoc Professor 227387 0 0 0 0 0 14056 0 23669 0 265112 0 0 0 Robert C Vowels Athletic Director 203879 0 0 0 7800 0 11863 0 21145 0 244687 0 0 0 Anthony Neely Associate Professor 209775 0 0 0 0 0 12078 0 26369 0 248222 0 0 Roy Finkenbine Prof (former Dean) 123498 0 0 0 0 0 11717 0 39296 0 174511 0 0 0 Omid Sabbaghi Associate Professor 204817 0 0 0 0 0 18839 0 14355 0 238011 0 0 0 William Wittig Dean 141065 0 0 0 0 0 8716 0 21194 0 170975 0 0 0 Vincent Abatemarco Former VP Finance and Business 343880 0 0 0 0 0 0 0 0 0 343880 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 UDM 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 FY18. 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. A Michigan Higher Education Facilities Authority 521285150 594519K25 2007-02-08 32135000 Renovation-Dental School&Clinic Refunding Bonds 6/13/96&7/10/03 0 0 0 B Michigan Finance Authority Higher Education Facilities 521285150 594479AV9 2011-07-21 16000000 Renovations and new building 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 2950000 13305000 32135000 0 629322 13193005 261279 0 0 18501394 0 0 2008 1 0 1 1 B 0 0 16000000 0 0 0 0 0 0 16000000 0 0 2013 0 0 1 1 C 0 0 14000000 0 0 0 0 0 0 0 0 0 2024 0 0 0 1 A 0 0 1 1 0 0 0 0 0 0 1 B 0 0 1 1 0 0 0 0 0 0 1 C 0 0 1 1 0 0 0 0 1 0 1 A 0 0 1 0 1 1 Citizen's Bank 27.7 0 0 0 0 1 B 0 0 1 0 1 0 0 0 1 C 0 0 1 0 1 0 0 0 1 A 1 B 1 C 1 Students Dependent of Officer/Key Employees 48101 Tuition Remission Employee Benefit X 12 271896 FMV X 1 704105 FMV X Piano 1 28700 Estimate of FMV 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 FY18. 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 loss on value of interest SWAP agreement $2,939,432 and a non-operating loss for post retirement benefits of $1,314,668. Dexter Holdings LLC 651 E Jefferson Detroit MI 48226 381360586 Acts as agent of UDM in various transactions MI 0 0 N/A