2019-05-15T15:57:23-07:00 2018-06-30 990 2017-07-01 381360586 UNIVERSITY OF DETROIT MERCY UNIV 3139931000 4001 W McNichols Rd Detroit MI 482213038 Thomas Manceor Chief Financial Officer 3139931508 2019-05-15 198.109.51.88 2017 2019-02-21 02:37:17Z Thomas Manceor 4001 W McNichols Rd Detroit MI 48221 192225252 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 2591 300 0 0 20416038 31411491 137859236 143259195 1259079 2801515 0 0 159534353 177472201 6340129 7100364 0 0 102640683 118687234 176486 163697 3560561 50260908 52623663 159418206 178574958 116147 -1102757 235615263 245594971 88987041 95803835 146628222 149791136 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 124229949 7100634 133171142 Delivered educational programs to approximately 2,843 undergraduate and 1,087 graduate students in five colleges and 1,183 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. 13152800 10088053 Provided higher education auxiliary services including housing and food services to approximately 791 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. 14359306 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 151742055 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 1 626 0 1 2591 1 0 0 0 0 0 1 1 0 1 1 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 535091 0 37819 Eugene A Gargaro Jr Trustee 1 0 X 0 0 0 James C Gouin 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 Terence V Page 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 Robert A Wild SJ 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 Vincent M Abatemarco VP 40 0 X 317249 0 16814 Monica M Barbour Secretary 40 0 X 137087 0 36231 Deborah C Stieffel VP 40 0 X 188977 0 34240 Pamela Zarkowski VP 40 0 X 361851 0 34692 Arnold D'Ambrosio VP 40 0 X 220534 0 37779 Mert N Aksu Dean 40 0 X 329645 0 34893 Mark E Denham Dean 40 0 X 203008 0 33938 Joseph G Eisenhauer Dean 40 0 X 231799 0 34748 Christine M Pacini Dean 40 0 X 205752 0 33154 Phyllis Crocker Dean 40 0 X 209286 0 33388 William Wittig Dean 40 0 X 160039 0 30397 Katherine Snyder Interim Dean 40 0 X 164772 0 8880 Ahmad Maalhagh-Fard Assoc Professor 40 0 X 236165 0 34933 Robert C Vowels Athletic Director 40 0 X 204151 0 31937 Bacari T Alexander Head Coach - Men's Basketball 40 0 X 300221 0 42504 Dincer C Gurun Clinical Assoc Professor 40 0 X X 200572 0 37939 Omid Sabbaghi Assoc Professor 40 0 X X 201249 0 32897 Gary A Kuleck Dean 40 0 X 105057 0 16429 Shyam P Aravindaksha Clinical Assistant Professor 40 0 X 176091 0 24996 Richard Kulbersh Assoc Prof 40 0 X 185741 0 29845 Roy Finkenbine Prof (former Dean) 40 0 X 116752 0 33278 4991089 0 691731 1 1 0 Metz Culinary Management 2 Woodland Dr Dallas PA 186129159 Meal and Catering Services 1690012 Building Technology Services 24818 Network Place Canton MI 481881669 Construction services 477708 Lauren Alexis Hood 18600 Pinehurst St Detroit MI 482211959 Consultant for Grant - Live6 188371 Ruffalo Neel Levitz LLC 65 Kirkwood N Rd SW Cedar Rapids IA 52404 Fundraiser solicitation 260982 Millennium Business Systems LLC 33140 Industrial Rd Livonia MI 481501608 Office Equipment Maintenance, Svc & Printing 166262 13 0 0 0 0 13990531 17420960 0 31411491 Tuition 611310 133171142 133171142 0 0 Auxiliary 611710 10088053 10088053 0 0 0 0 0 0 143259195 1694284 0 0 1694284 0 0 0 0 0 0 0 0 0 0 15860282 0 14753051 0 1107231 0 1107231 1107231 0 0 0 0 177472201 144366426 0 1694284 0 0 7100364 7100364 0 0 0 0 5135375 2757584 2086191 291600 0 0 0 0 79872331 70282908 8085045 1504378 -3114994 -2720967 -332681 -61346 31578159 27583724 3372540 621895 5216363 4556527 557106 102730 0 0 0 0 409882 11550 398332 0 123200 0 123200 0 105201 0 105201 0 163697 163697 168717 0 168717 0 13035770 11279762 1399261 356747 1389539 240455 1134760 14324 10225529 9172479 874576 178474 1379754 1259284 63801 56669 0 0 0 0 7663690 4840164 2751878 71648 2243476 1972463 227534 43479 0 0 0 0 1585098 1302794 282304 0 1739315 1501508 201768 36039 0 0 0 8034490 6935977 932034 166479 1499495 1136514 362981 0 Bad Debt & Collection Expenses 1501038 1137684 363354 0 Small Tools & Equipment 855949 818480 37469 0 Dues & Memberships 663520 572801 76971 13748 0 0 0 0 178574958 151742055 23272342 3560561 0 20547170 17194222 4410816 7509370 9637463 17883612 1654 115 0 0 0 0 0 0 512401 592309 245123432 127603899 119643726 117519533 54676928 58326101 9144153 9587191 17040952 16982518 0 0 0 0 235615263 245594971 13913515 24550501 0 0 8801615 8742076 39709001 38641184 0 0 0 0 0 0 0 0 26562910 23870074 88987041 95803835 X 99340418 89761136 18483038 20119464 28804766 39910536 146628222 149791136 235615263 245594971 X -1102757 1192510 0 0 0 3073161 X 0 1 X 1 1 1 X 0 105201 105201 178469757 178574958 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 51588 96568 86606 105201 339963 250000 250000 250000 250000 1000000 1500000 0 0 0 0 0 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 30428226 6076370 5541671 820398 0 0 41225869 0.1808 0.631 0.1882 0 0 0 5550528 5550528 0 167392813 77970688 89422125 0 0 0 0 0 36626974 29632305 6994669 0 35553117 20000906 15552211 117519533 Student Loan Receivable 16982518 C 16982518 0 Fair Value of interest rate SWAP agreement 3565040 Federal Student Loans 15465734 Accrued post retirement benefits 4839300 23870074 171395629 1192510 0 0 -7100364 -5907854 177303483 168718 0 168718 177472201 169830192 0 0 0 -1475684 -1475684 171305876 168718 7100364 7269082 178574958 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 $7,100,364 netted against revenue in the financial statements, but included in expenses in the 990. Schedule D, Part XII, Line 2d Gain on fair market value of an interest rate swap of $1,475,684 not included in the 990, but included in the financial statements. Schedule D, Part XII, Line 4b Funded scholarships of $7,100,364 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 Ruffalocody LLC 5660 Greenwood Plaza Ste 300N Greenwood Village CO 801112416 Phone solicitation of gifts. 0 167514 163697 3817 167514 163697 3817 All States 1 Federal SEOG 1111 1441473 0 MI Tuition 1058 1798262 0 Detroit Mercy Expendable 230 1392942 0 Detroit Mercy Endowment 253 1225460 0 Other MI State Grants 480 839394 0 Other Federal Grants 21 34545 0 Detroit Mercy Other Departmental 55 368288 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 0 0 0 0 0 0 0 0 0 Antoine M Garibaldi PhD President 483891 0 51200 0 0 0 16200 0 21619 0 572910 0 0 0 Pamela Zarkowski VP 361851 0 0 0 0 0 16200 0 18492 0 396543 0 0 Vincent M Abatemarco VP 317249 0 0 0 0 0 16200 0 614 0 334063 0 0 0 Arnold D'Ambrosio VP 220534 0 0 0 0 0 12669 0 25110 0 258313 0 0 0 Deborah C Stieffel VP 188977 0 0 0 0 0 11742 0 22498 0 223217 0 0 Monica M Barbour Secretary 137087 0 0 0 0 0 8771 0 27461 0 173319 0 0 0 Mert N Aksu Dean 329645 0 0 0 0 0 16200 0 18693 0 364538 0 0 0 Joseph G Eisenhauer Dean 231799 0 0 0 0 0 14259 0 20489 0 266547 0 0 0 Christine M Pacini Dean 205752 0 0 0 0 0 12666 0 20489 0 238907 0 0 0 Mark E Denham Dean 203008 0 0 0 0 0 12600 0 21338 0 236946 0 0 0 Phyllis Crocker Dean 209286 0 0 0 0 0 12900 0 20489 0 242675 0 0 0 William Wittig Dean 160039 0 0 0 0 0 9888 0 20509 0 190436 0 0 0 Katherine Snyder Interim Dean 164772 0 0 0 0 0 8880 0 0 0 173652 0 0 0 Bacari T Alexander Head Coach - Men's Basketball 300221 0 0 0 0 0 16892 0 25612 0 342725 0 0 0 Ahmad Maalhagh-Fard Assoc Professor 236165 0 0 0 0 0 14454 0 20479 0 271098 0 0 0 Robert C Vowels Athletic Director 204151 0 0 0 0 0 11458 0 20479 0 236088 0 0 0 Omid Sabbaghi Assoc Professor 200796 0 453 0 0 0 16292 0 16605 0 234146 0 0 0 Dincer C Gurun Clinical Assoc Professor 200572 0 0 0 0 0 12478 0 25461 0 238511 0 0 0 Richard Kulbersh Assoc Prof 185741 0 0 0 0 0 11354 0 18492 0 215587 0 0 0 Shyam P Aravindaksha Clinical Assistant Professor 176091 0 0 0 0 0 0 0 24996 0 201087 0 0 0 Roy Finkenbine Prof (former Dean) 116469 0 283 0 0 0 10111 0 23167 0 150030 0 0 0 Gary A Kuleck Dean 105057 0 0 0 0 0 5990 0 10439 0 121486 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. 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 and Key Employees 314477 Tuition Remission Employee Benefit Officer or Key Employee Employee 13833 Tuition Remission Employee Benefit X 28 328549 avg mkt value X Gift in Kind - Dental Equipment 1 10703 Letter of Value X Gift in Kind - Civil Eng. Equip (multiple pcs) 1 28245 Letter of 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 and 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 AJC 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 governing documents, conflict of interest policy and financial statement available upon request. Form 990, Part XI, Line 9 Includes gain on valuation of interest rate SWAP of $1,475,684 and a non-operating gain for pension retirement of $1,597,477. Dexter Holdings LLC 651 E Jefferson Detroit MI 48226 381360586 Acts as agent of UDM in various transactions MI 0 0 N/A