2020-07-14T16:17:27-07:00 2019-06-30 990 2018-07-01 381360586 UNIVERSITY OF DETROIT MERCY UNIV 3139931000 4001 W McNichols Rd Detroit MI 482213038 Thomas Manceor Chief Financial Officer 3139931508 2020-07-14 99.31.201.97 2018 2021-01-29 14:40:06Z Thomas Manceor 4001 W McNichols Road Detroit MI 48221 205242565 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. 34 33 2606 300 0 0 31411491 27496134 143259195 146137073 2801515 3374103 0 0 177472201 177007310 7100364 7382300 0 0 118687234 107191581 163697 23050 3560560 52623663 54833174 178574958 169430105 -1102757 7577205 245594971 253517191 95803835 98469653 149791136 155047538 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. 0 0 115753152 7382300 134676905 Delivered educational programs to approximately 2,779 undergraduate and 1,063 graduate students in five colleges and 1,168 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. 13189696 0 11460169 Provided higher education auxiliary services including housing and food services to approximately 830 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. 13655502 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 142598350 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 1 1 0 0 0 1 0 0 0 1 0 0 0 0 1 605 0 1 2606 1 0 0 0 0 0 1 1 0 1 1 0 0 0 X 34 33 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 John D Lewis Trustee 1 0 X 0 0 0 M Rosita Schiller RSM PhD Trustee 1 0 X 0 0 0 Thomas P Capo Trustee 1 0 X 0 0 0 Armando R Cavazos 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 Antoine M Garibaldi PhD President 40 0 X X 558047 0 35761 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 0 X 0 0 0 Sean P Moran Trustee 1 0 X 0 0 0 William A Morrow 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 Rev Ronald Anton SJ Trustee 1 0 X 0 0 0 Sr Michele T Aronica RSM PhD Trustee 1 0 X 0 0 0 William C Young 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 David William II JD 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 Vincent M Abatemarco VP 40 0 X 318668 0 23842 Monica M Barbour Secretary 40 0 X 140337 0 33218 Deborah C Stieffel VP 40 0 X 192292 0 31885 Pamela Zarkowski VP 40 0 X 366713 0 34261 Arnold D'Ambrosio VP 40 0 X 217801 0 89292 Mert N Aksu Dean 40 0 X 342840 0 34981 Mark E Denham Dean 40 0 X 205890 0 33405 Joseph G Eisenhauer Dean 40 0 X 236070 0 32437 Christine M Pacini Dean 40 0 X 157858 0 29586 Phyllis Crocker Dean 40 0 X 216469 0 31253 William Wittig Dean 40 0 X 164041 0 30441 Katherine Snyder Interim Dean 40 0 X 186899 0 10523 Ahmad Maalhagh-Fard Assoc Professor 40 0 X 265742 0 36476 Bacari T Alexander Head Coach - Men's Basketball 40 0 X 268178 0 11105 Dincer C Gurun Clinical Assoc Professor 40 0 X 212079 0 35421 Michael Davis Head Coach - Men BB 40 0 X 229066 0 24289 Neal Rosenburg Dean 40 0 X 223536 0 27122 Shyam P Aravindaksha Clinical Assistant Professor 40 0 X 130803 0 16143 Richard Kulbersh Former Highest Paid - Professor 40 0 X 189512 0 29458 Roy Finkenbine Prof (former Dean) 40 0 X 118931 0 35775 Robert C Vowels Former Highest 40 0 X 207731 0 31913 Omid Sabbaghi Associate Professor 40 0 X 197096 0 30422 5346599 0 729009 200 1 1 0 Metz Culinary Management 2 Woodland Dr Dallas PA 186129159 Meal and Catering Services 2900517 Building Technology Services 24818 Network Place Canton MI 481881669 Construction services 1172965 Butzel Long 150 W Jefferson Ste 100 Detroit MI 482264330 Lawyers 170394 Millennium Business Systems 33140 Industrial Rd Livonia MI 481501608 Lease Equipment & Service 152172 Brightview Landscapes LLC 3630 Solutions Center Chicago IL 606773006 Grounds Service/Maintenance 157508 14 0 0 0 0 13950260 13545874 0 27496134 Tuition (including Other Departmental Revenue) 611310 134676904 134676904 0 0 Auxiliary Enterprises 611710 11460169 11460169 0 0 0 0 0 0 146137073 3058422 0 0 3058422 0 0 0 0 0 0 0 0 0 0 28550936 0 28235255 0 315681 0 315681 315681 0 0 0 0 0 0 0 0 0 177007310 146452754 0 3058422 0 0 7382300 7382300 0 0 0 0 4596611 2075735 2219321 301555 0 0 0 0 79375737 69257348 8495709 1622680 4232771 3741579 413030 78162 13249118 11711624 1292836 244658 5737344 5071554 559844 105946 0 0 0 0 334879 4739 329490 650 95900 0 95900 0 78935 0 78935 0 23050 23050 155186 0 155186 0 12966597 11066644 1598652 301301 1533054 391747 1130809 10498 9719494 8758659 713014 247821 1084279 904812 69678 109789 0 0 0 0 8199833 4575129 3622778 1926 2394088 2255510 102972 35606 0 0 0 0 1653236 1207039 197057 249140 2061970 1780048 239197 42725 0 0 0 0 8278893 7146965 960385 171543 1695252 1345125 350127 0 Bad Debt & Collection Expense 2016891 1600335 416556 0 Small Tools & Equipment 930098 772769 156837 492 Dues & Memberships 628274 542374 72882 13018 Grant related student stipends 1006315 1006315 0 0 169430105 142598350 23271195 3560560 17194222 34078507 7509370 4769315 17883612 9412318 115 115 0 0 0 0 592309 657118 251627993 135847380 117519533 115780613 58326101 65737501 9587191 7514003 16982518 15567701 0 0 0 0 245594971 253517191 24550501 24609302 0 0 8742076 9183454 38641184 37766484 0 0 0 0 0 0 0 0 23870074 26910413 95803835 98469653 X 89761136 87786102 20119464 23183381 39910536 44078055 149791136 155047538 245594971 253517191 X 7577205 974104 0 0 0 -3294907 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 78935 78935 169375691 169454626 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 96568 86606 105201 78935 367310 250000 250000 250000 250000 1000000 1500000 0 0 0 0 0 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 41225869 3407452 194928 919859 0 0 43908390 0.172 0.635 0.193 0 0 0 5550528 5550528 0 168960175 83471567 85488608 0 0 0 0 0 39872185 31207652 8664533 0 37245105 21168161 16076944 115780613 Student Loan Receivable 15567701 C 15567701 0 Federal Student Loans 15858095 Fair Value of interest rate SWAP agreement 4834184 Accrued post retirement benefits 6218134 26910413 170443929 974104 0 0 -7382300 -6408196 176852125 155185 0 155185 177007310 163161763 0 0 0 1269144 1269144 161892619 155186 7382300 7537486 169430105 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 $7,382,300 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 ($1,269,144) not included in the 990, but included in the financial statements. Schedule D, Part XII, Line 4b Funded scholarships of $7,382,300 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 UDM 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 650 Franklin Schenectady NY 12305 Phone Solicitation. 0 78568 55518 23050 78568 55518 23050 All States 1 Federal SEOG 1035 1526715 0 MI Tuition 847 1704029 0 Detroit Mercy Expendable 244 675912 0 Detroit Mercy Endowment 320 1317419 0 Other MI State Grants 470 899408 0 Other Federal Grants 127 1181731 0 Detroit Mercy Other Departmental 39 77086 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 1 0 0 0 0 0 0 0 0 Vincent M Abatemarco VP 318668 0 0 0 0 0 16400 0 7442 0 342510 0 0 0 Antoine M Garibaldi PhD President 506847 0 51200 0 0 0 16400 0 19361 0 593808 0 0 0 Pamela Zarkowski VP 366713 0 0 0 0 0 16400 0 17861 0 400974 0 0 0 Arnold D'Ambrosio VP 210001 0 0 0 7800 0 12844 0 76448 0 307093 0 0 0 Deborah C Stieffel VP 192292 0 0 0 0 0 11905 0 19981 0 224178 0 0 0 Monica M Barbour Secretary 140337 0 0 0 0 0 8892 0 24326 0 173555 0 0 0 Mert N Aksu Dean 342840 0 0 0 0 0 16400 0 18581 0 377821 0 0 0 Joseph G Eisenhauer Dean 236070 0 0 0 0 0 14457 0 17981 0 268508 0 0 0 Christine M Pacini Dean 157857 0 0 0 0 0 11605 0 17981 0 187443 0 0 0 Phyllis Crocker Dean 216469 0 0 0 0 0 13272 0 17981 0 247722 0 0 0 Mark E Denham Dean 205890 0 0 0 0 0 12774 0 20631 0 239295 0 0 0 William Wittig Dean 164041 0 0 0 0 0 10025 0 20416 0 194482 0 0 0 Katherine Snyder Interim Dean 185399 0 0 0 1500 0 10523 0 0 0 197422 0 0 0 Bacari T Alexander Head Coach - Men's Basketball 90778 0 0 0 177400 0 5538 0 5566 0 279282 0 0 0 Ahmad Maalhagh-Fard Assoc Professor 265742 0 0 0 0 0 16180 0 20296 0 302218 0 0 0 Michael Davis Head Coach - Men BB 199066 0 0 0 30000 0 11908 0 12381 0 253355 0 0 0 Neal Rosenburg Dean 223536 0 0 0 0 0 13200 0 13922 0 250658 0 0 0 Dincer C Gurun Clinical Assoc Professor 212079 0 0 0 0 0 13095 0 22326 0 247500 0 0 0 Robert C Vowels Former Highest 199931 0 0 0 7800 0 11616 0 20296 0 239643 0 0 0 Richard Kulbersh Former Highest Paid - Professor 189512 0 0 0 0 0 11597 0 17861 0 218970 0 0 0 Shyam P Aravindaksha Clinical Assistant Professor 130803 0 0 0 0 0 0 0 16143 0 146946 0 0 0 Roy Finkenbine Prof (former Dean) 118351 0 579 0 0 0 11409 0 24366 0 154705 0 0 0 Omid Sabbaghi Associate Professor 196167 0 928 0 0 0 16500 0 0 0 213595 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 4 Alexander Bacari; Formerly Head of Men's Basketball Coach received $175,000 severance. 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 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 A 0 0 1 1 0 0 0 0 0 0 1 B 0 0 1 1 0 0 0 0 0 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 A 1 B 1 Deborah Stieffel VP Enrollment Home X 5000 115 0 1 1 115 Students Dependent of Officer/Key Employee of university 56000 Tuition Remission Employee Benefit X 16 576967 avg mkt value 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 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 FY19. 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 UDM 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 $1,269,144 and a non-operating loss for post retirement benefits of $2,025,763. Dexter Holdings LLC 651 E Jefferson Detroit MI 48226 381360586 Acts as agent of UDM in various transactions MI 0 0 N/A