2015-03-06T14:43:14-06:00 2014-06-30 420714325 MCGLADREY LLP 221 THIRD AVENUE SE STE 300 CEDAR RAPIDS IA 524011512 990 2013-07-01 420681046 MOUNT MERCY UNIVERSITY MOUN 3193686470 1330 ELMHURST DRIVE NE CEDAR RAPIDS IA 52402 LAURIE HAMEN PRESIDENT 3193686470 2015-03-03 1 KAY HEGARTY P00091057 3192985333 2013 2016-04-25 22:37:26Z LAURIE HAMEN 1330 ELMHURST DRIVE NE CEDAR RAPIDS IA 52402 56672194 0 X WWW.MTMERCY.EDU X 1928 IA PROVIDE UNDERGRADUATE AND GRADUATE HIGHER EDUCATION FOR APPROXIMATELY 1,800 STUDENTS 31 30 963 582 0 0 4601024 4686462 34840419 35079240 3538165 1224888 265870 279036 43245478 41269626 9210531 9963563 0 0 17684356 17471205 67215 80911 1314351 11520207 11785306 38482309 39300985 4763169 1968641 77611239 80950279 20383557 19459101 57227682 61491178 X CATHOLIC UNIVERSITY PROVIDING STUDENT FOCUSED BACCALAUREATE AND GRADUATE EDUCATION IN THE SPIRIT OF THE SISTERS OF MERCY. WELCOMES WOMEN AND MEN OF ALL BELIEFS TO JOIN THE COMMUNITY IN PURSUIT OF EDUCATION AND SERVICE TO THOSE IN NEED. PROMOTES REFLECTIVE JUDGMENT, STRATEGIC COMMUNICATION, THE COMMON GOOD AND PURPOSEFUL LIVING THROUGH A CORE CURRICULUM, LIBERAL ARTS AND PROFESSIONAL MAJORS AND STUDENT DEVELOPMENT PROGRAMS. STRIVE FOR EXCELLENCE IN ACCOMPLISHING OUR MISSION THROUGH FOUR INTERDEPENDENT GOALS: USING REFLECTIVE JUDGMENT, ENGAGING IN STRATEGIC COMMUNICATION, SERVING THE COMMON GOOD AND PROMOTING PURPOSEFUL LIVING. 0 0 20319432 9963563 31266767 INSTRUCTION: PROVIDE GRADUATE AND UNDERGRADUATE HIGHER EDUCATION IN PROGRAMS INCLUDING TRADITIONAL DAYTIME FORMAT, NON TRADITIONAL EVENING FORMAT AND ACCELERATED EVENING AND WEEKEND FORMAT. DEGREES GRANTED INCLUDE MFT, MSN, MBA, MSL AND MA IN EDUCATION (GRADUATE PROGRAMS) AND BA, BS, BAS AND BBA (UNDERGRADUATE PROGRAMS). FOR FALL OF 2013, THERE WERE 1,053 TRADITIONAL, 416 ACCELERATED AND 285 GRADUATE AND 7 ONLINE STUDENTS. TOTAL UNDERGRADUATE FTE WAS 1,212; GRADUATE FTE WAS 243. 3824451 3501577 AUXILIARY SERVICES: PROVIDE RESIDENCE HALLS WITH CAPACITY OF 450 STUDENTS, MEALS (BOARD PLANS) FOR RESIDENTIAL AND NON-RESIDENTIAL STUDENTS AND BOOKSTORE FOR TEXTBOOK PURCHASES. 3654581 310896 ACADEMIC SUPPORT: PROVIDE ACADEMIC RESOURCES TO ALL STUDENTS INCLUDING LIBRARY SERVICES, COMPUTER CENTER AND LABS, ACADEMIC ASSISTANCE AND CAMPUS MINISTRIES. 5010907 STUDENT SERVICES: ATHLETICS, HEALTH SERVICES, ADMISSIONS AND FINANCIAL AID. 5010907 32809371 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 2440 0 1 963 1 0 0 0 0 0 1 1 0 0 0 0 X 31 30 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X JENNIFER KAEFRING 3193638213 1330 ELMHURST DRIVE NE CEDAR RAPIDS IA 52402 BRANDT A WORLEY CHAIR & TRUSTEE 1.00 X X 0 0 0 BARBARA A BARHAMAND VICE CHAIR & TRUSTEE 1.00 X X 0 0 0 SR MARY LOU PODZIMEK SECRETARY & TRUSTEE 1.00 X X 0 0 0 SR MARGARET WEIGEL ASSISTANT SECY & TRUSTEE 1.00 X X 0 0 0 CHARLES ROHDE IMMEDIATE PAST CHAIR & TRUSTEE 1.00 X X 0 0 0 MARTIN ANDREAS TRUSTEE 1.00 X 0 0 0 THOMAS BARBEE TRUSTEE 1.00 X 0 0 0 DAWN M BAZARKO TRUSTEE 1.00 X 0 0 0 F JAMES BRADLEY TRUSTEE 1.00 X 0 0 0 MICHELE BUSSE TRUSTEE 1.00 X 0 0 0 TERRI CHRISTOFFERSEN TRUSTEE 1.00 X 0 0 0 LORREN COPPOCK TRUSTEE 1.00 X 0 0 0 PATRICK FALCONIO TRUSTEE 1.00 X 0 0 0 MAGDA GOLOBIC TRUSTEE 1.00 X 0 0 0 CAMMIE GREIF TRUSTEE 1.00 X 0 0 0 SR DELORES HANNON TRUSTEE 1.00 X 0 0 0 RONALD HEROLD TRUSTEE 1.00 X 0 0 0 NANCY KASPAREK TRUSTEE 1.00 X 0 0 0 ROBERT F KAZIMOUR TRUSTEE 1.00 X 0 0 0 RICHARD KETTELKAMP TRUSTEE 1.00 X 0 0 0 BRUCE KING TRUSTEE 1.00 X 0 0 0 BARBARA KNAPP TRUSTEE 1.00 X 0 0 0 C JOHN LINGE TRUSTEE 1.00 X 0 0 0 SCOTT LYNCH TRUSTEE 1.00 X 0 0 0 JAMES NIKRANT TRUSTEE 1.00 X 0 0 0 H THOMAS REED TRUSTEE 1.00 X 0 0 0 JOHN RINDERKNECHT TRUSTEE 1.00 X 0 0 0 DYAN SMITH TRUSTEE 1.00 X 0 0 0 MARGEE STAMPER TRUSTEE 1.00 X 0 0 0 SR KATHY THORTON TRUSTEE 1.00 X 0 0 0 REV MSGR THOMAS THOALE PART YEAR TRUSTEE 1.00 X 0 0 0 CHRISTOPHER BLAKE PART YEAR PRESIDENT & TRUSTEE 40.00 X X 372511 0 21165 LAURIE HAMEN PART-YEAR PRESIDENT & TRUSTEE 40.00 X X 0 0 0 NORM NIELSEN INTERIM PRESIDENT 40.00 X 117966 0 0 BARBARA POOLEY PART YEAR CFO 40.00 X 88294 0 15820 CHRISTOPHER RHYNERSON CFO 40.00 X 46952 0 9513 DUFF RIDGEWAY VP DEVELOPMENT & ALUMNI RELATIONS 40.00 X 116649 0 31625 VICKY SMITH VP ADMINISTRATION 40.00 X 116648 0 14587 ROBERT CALLAHAN VP ENROLLMENT & STUDENT SERVICES 40.00 X 129314 0 36975 JANET HANDLER PROVOST 40.00 X 113992 0 21295 1102326 0 150980 6 0 1 0 RINDERKNECHT ASSOCIATES INC 1000 29TH AVENUE SW CEDAR RAPIDS IA 52404 CONTRACTOR 3333222 ARAMARK CORPORATION 6000 FELDWOOD ROAD COLLEGE PARK PA 30349 FOOD SERVICE 2058383 CEDAR VALLEY WORLD TRAVEL 6100 7TH ST SW CEDAR RAPIDS IA 52404 CHARTER BUS 160190 BRADLEY & RILEY PC 2007 1ST AVE SE CEDAR RAPIDS IA 52402 LEGAL 118231 OPTIONS OF LINN COUNTY 1240 26TH AVE CT SW CEDAR RAPIDS IA 52404 MAINTENANCE/ JANITORIAL 114570 8 32683 192266 4461513 202208 4686462 TUITION & FEES 611600 30841846 30841846 AUXILARY SERVICE 611710 3501577 3501577 FEES & ASSESSMENTS 611710 310896 310896 MISCELLANEOUS 611710 296516 296516 STUDENT FEES 611710 128405 128405 35079240 1027710 1027710 15038760 20247 14839142 22687 199618 -2440 197178 197178 18000 32683 16969 1031 1031 801775 523770 278005 278005 41269626 35079240 0 1503924 9963563 9963563 667019 544619 122400 13187130 11674509 948704 563917 635091 534952 68584 31555 2060458 1735572 222510 102376 921507 775906 100253 45348 125815 125815 55414 55414 108290 108290 80911 80911 2424797 2126567 283823 14407 619187 39249 579938 1327637 1112729 166405 48503 844282 733452 69500 41330 428004 380829 27519 19656 82331 64147 15150 3034 565273 565273 2107458 1922728 76384 108346 295615 30089 265526 EQUIPMENT RENTAL & MAIN 1225879 964877 235230 25772 STUDENT/ATHLETIC/FUNCTI 575380 533041 12964 29375 BAD DEBT 231246 18250 212996 MEMBERSHIPS & JOURNALS 216296 64540 135861 15895 552402 134371 356505 61526 39300985 32809371 5177263 1314351 3869 3870 2931067 3857516 6252588 6415763 2020218 2540369 93472 87783 493875 463411 67365301 27523959 39126207 39841342 19899904 22782620 3045660 3326911 1651031 1428733 2093348 201961 77611239 80950279 3211730 3367047 499374 487018 8382050 12208913 5439443 600000 2850960 2796123 20383557 19459101 X 36266976 36973603 5737187 8679384 15223519 15838191 57227682 61491178 77611239 80950279 X 1968641 2193177 106163 -4485 X 0 1 X 1 1 1 X 6416546 2127922 4222890 4601024 4686462 22054844 6416546 2127922 4222890 4601024 4686462 22054844 1895839 20159005 928972 550053 483613 726702 1027710 3717050 25771894 169741564 0.78220 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 24159789 411738 3273382 1060734 26784175 23086145 867093 2530247 2323696 24159789 23585566 692214 -293968 897667 23086145 19641585 349299 4436641 841959 23585566 16034256 1537585 2688560 618816 19641585 0.21000 0.59000 0.20000 0 0 2120820 2120820 51161198 18272199 32888999 11498692 8085650 3413042 2584591 1166110 1418481 39841342 ANNUITIES PAYABLE 86000 DUE TO US GOVT PROGRAM 1694089 CAPITAL LEASE AGREEMENTS 1016034 2796123 X 34003358 2193177 106163 397955 2697295 31306063 9963563 9963563 41269626 29735377 523770 523770 29211607 10089378 10089378 39300985 PART V, LINE 4: PROVIDE SCHOLARSHIPS TO STUDENTS AND SUPPORT ACADEMIC PROGRAMS AND DEPARTMENTS. PART X, LINE 2: THE UNIVERSITY IS RECOGNIZED AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE UNIVERSITY MAY BE SUBJECT TO FEDERAL AND STATE INCOME TAXES ON ANY NET INCOME FROM UNRELATED BUSINESS ACTIVITIES. THE UNIVERSITY FILES A FORM 990 (RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX) ANNUALLY AND UNRELATED BUSINESS INCOME (UBI) IS REPORTED ON FORM 990-T, AS APPROPRIATE. MANAGEMENT HAS EVALUATED THEIR MATERIAL TAX POSITIONS, WHICH INCLUDE SUCH MATTERS AS THE TAX EXEMPT STATUS AND VARIOUS POSITIONS RELATIVE TO POTENTIAL SOURCES OF UBI. AS OF JUNE 30, 2014 AND 2013, THERE WERE NO UNCERTAIN TAX BENEFITS IDENTIFIED AND RECORDED AS A LIABILITY. FORMS 990 AND 990-T FILED BY THE UNIVERSITY ARE NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR THE FISCAL YEARS ENDED JUNE 30, 2010 AND PRIOR. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 523,770. INVESTMENT MANAGEMENT FEES SHOWN AS EXPENSE -125,815. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS & GRANTS PAID 9,963,563. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD SHOWN UNDER REVENUE 523,770. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS & GRANTS PAID 9,963,563. INVESTMENT MANAGEMENT FEES SHOWN AS EXPENSE 125,815. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 EQUAL OPPORTUNITY POLICY PUBLISHED IN THE MOUNT MERCY UNIVERSITY CATALOG. SCHEDULE E, PART I, LINE 6 MOUNT MERCY UNIVERSITY RECEIVES FEDERAL AND STATE FINANCIAL AID AND GRANTS. X X X X X X X 1 RUFFALO CODY 65 KIRKWOOD NORTH RD SW CEDAR RAPIDS IA 52404 RESEARCH, MAIL, EMAIL 0 140638 80911 59727 140638 80911 59727 IA GOLF OUTING 50683 32683 18000 100 3368 6784 6717 50683 32683 18000 100 3368 6784 6717 16969 1031 1 ENDOWED SCHOLARSHIPS 263 507974 ATHLETIC SCHOLARSHIPS 293 1148156 MERIT SCHOLARSHIPS 1055 8307433 PART I, LINE 2: THE ACADEMIC PROGRESS OF FINANCIAL AID RECIPIENTS IS MONITORED A MINIMUM OF ONCE EACH ACADEMIC YEAR. STUDENTS SHOULD CONTACT THE FINANCIAL AID OFFICE WITH QUESTIONS REGARDING THE INTENT AND/OR INTERPRETATION OF THESE STANDARDS. COMPLETION RATE AND GRADE POINT AVERAGE (GPA) REQUIREMENTS FULL-TIME STUDENTS (STUDENTS ATTEMPTING 12 OR MORE CREDIT HOURS EACH SEMESTER) MUST PROGRESS ACCORDING TO THE FOLLOWING SCHEDULE: MINIMUM CREDITS MINIMUM REQUIRED SUCCESSFULLY COMPLETED CUMULATIVE GPA YEAR 1 24 1.70 YEAR 2 48 2.00 YEAR 3 72 2.00 YEAR 4 96 2.00 YEAR 5 123 2.00 THESE CREDIT HOURS MUST BE EARNED DURING THE ACADEMIC YEAR (FALL, WINTER AND SPRING). HOWEVER, IF A STUDENT DOES NOT MEET THESE REQUIRED HOURS, THEY MAY BE EARNED DURING THE FOLLOWING SUMMER SESSION(S). FAILURE TO ACHIEVE THIS STANDARD BY THE END OF THE SUMMER WILL RESULT IN THE LOSS OF FINANCIAL AID ELIGIBILITY UNTIL THE COMPLETED CUMULATIVE HOURS MEET THE MINIMUM STANDARDS. LOSS OF AID IS NOT THE SAME AS ACADEMIC SUSPENSION, WHICH IS HANDLED BY THE VICE PRESIDENT OF ACADEMIC AFFAIRS. PART-TIME STUDENTS MUST SUCCESSFULLY COMPLETE ONE-HALF OF THE CREDIT HOURS THEY ATTEMPT. COMBINED STUDENTS (STUDENTS BLENDING TERMS OF FULL- AND PART-TIME ENROLLMENT) MUST ACHIEVE A CUMULATIVE TOTAL THAT SATISFIES THE COMBINED FULL- AND PART-TIME STANDARDS. STUDENTS WHO DO NOT ACHIEVE THE MINIMUM CUMULATIVE GPA ARE GRANTED ONE PROBATIONARY SEMESTER IN WHICH TO RAISE THEIR CUMULATIVE GPA TO THE MINIMUM. FAILURE TO ACHIEVE THIS STANDARD AT ANY POINT FOLLOWING THE PROBATIONARY SEMESTER RESULTS IN THE LOSS OF FINANCIAL AID ELIGIBILITY UNTIL THE CUMULATIVE GPA MEETS THE MINIMUM STANDARDS. X X X X 1 1 X 1 0 0 0 0 0 0 0 0 CHRISTOPHER BLAKE PART YEAR PRESIDENT & TRUSTEE 296779 0 0 0 75732 0 6125 0 15040 0 393676 0 0 0 ROBERT CALLAHAN VP ENROLLMENT & STUDENT SERVICES 129161 0 0 0 153 0 8100 0 28875 0 166289 0 0 0 PART I, LINE 1A ON THE OFFICER'S W-2S, EXPENSES PAID FOR TRAVEL FOR COMPANIONS ARE SHOWN AS TAXABLE WAGES. THE HOUSING ALLOWANCE AND PERSONAL SERVICES IS FOR THE HOUSE THAT MOUNT MERCY UNIVERSITY OWNS AND THE PRESIDENT RESIDES IN WHERE HE CONDUCTS SIGNIFICANT BUSINESS ACTIVITIES AND HOLDS COLLEGE RELATED ENTERTAINMENT FUNCTIONS. SOCIAL CLUB DUES PAID BY THE ORGANIZATION ARE ALLOCATED BETWEEN BUSINESS AND PERSONAL BASED ON USAGE. PART I, LINE 4A SEVERANCE AMOUNTS PAID: CHRISTOPHER BLAKE $81,667 BARB POOLEY $67,891 MELODY GRAHAM $49,000 A LINN COUNTY IA 426004338 2010-06-18 9970000 FINANCE LAND, BLDG & EQUIPMENT 0 0 0 B LINN COUNTY IA 426004338 2013-10-01 7278476 FINANCE LAND, BLDG & EQUIPMENT 0 0 0 A 1294000 9970000 27136 9942864 2012 1 0 1 1 B 245563 7278476 7278476 2013 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 1 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 1 0 1 A 0 0 1 0 1 1 US BANK 6.500000000000 0 0 0 0 0 B 0 0 1 0 1 1 US BANK 7.000000000000 0 0 0 0 0 A 1 B 1 CHRISTOPHER BLAKE X 5120 0 1 1 X 8 197308 MEANS PRICE X 1 4900 APPRAISED VALUE 0 0 1 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTORS FORM 990, PART VI, SECTION A, LINE 2 BARBARA KNAPP, BOARD TRUSTEE AND JIM NIKRANT, BOARD TRUSTEE HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS CONSIST OF BOARD OF TRUSTEES AND HONORARY MEMBERS FORM 990, PART VI, SECTION A, LINE 7A MEMBERS ARE THE BOARD TRUSTEES WHO ELECT MEMBERS OF THE GOVERNING BODY. ACCORDING TO THE BY-LAWS OF THE UNIVERSITY, PRIOR TO SUBMISSION TO THE BOARD OF TRUSTEES FOR APPROVAL, NAMES FOR INTITIAL TRUSTEE SERVICE WILL BE SUBMITTED TO CONFERENCE OF MERCY HIGHER EDUCATION (CMHE). CMHE WILL HAVE THIRTY CALENDAR DAYS TO CONFIRM OR REJECT THE SUBMISSION. CONFIRMATION WILL NOT BE UNREASONABLY REFUSED. IF CMHE DOES NOT OBJECT WITHIN THIRTY DAYS OF RECEIPT OF THE SUBMISSION, THE SUBMISSION WILL BE DEEMED TO BE CONFIRMED. IN PRACTICE, CMHE HAS NOT EXERCISED THE RIGHT TO CONFIRM OR REJECT THE SUBMISSION FOR INITIAL TRUSTEE SERVICE. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS ARE THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11 THE FINANCE COMMITTEE REVIEWS THE 990 PRIOR TO IT BEING FILED AND VOTES TO ACCEPT IT. EACH BOARD MEMBER RECEIVES A COPY OF THE COMPLETED 990 PRIOR TO THE RETURN BEING FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR ALL BOARD MEMBERS AND EXECUTIVE STAFF SUBMIT THE COMPLETED COI QUESTIONNAIRE. THESE ARE REVIEWED BY THE EXECUTIVE ASSISTANT TO THE PRESIDENT. BOARD MEMBERS AND EXECUTIVE STAFF DO NOT PARTICIPATE IN DECISIONS (EITHER DISCUSSION OR VOTING) REGARDING ITEMS WITH WHICH THEY HAVE A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES EACH YEAR REVIEWS THE SALARY AND BENEFITS OF THE PRESIDENT, PROVOST, VICE PRESIDENT FOR FINANCE, VICE PRESIDENT FOR INSTITUTIONAL ADVANCEMENT AND VICE PRESIDENT FOR ENROLLMENT AND STUDENT AFFAIRS. AS A PART OF THE REVIEW, THE SALARIES FOR SIMILAR POSITIONS IN HIGHER EDUCATION ARE RESEARCHED AND COMPARED WITH THE SALARIES AT MOUNT MERCY IN ORDER TO DETERMINE REASONABLENESS AND COMPETITIVENESS. THE EXECUTIVE COMMITTEE EITHER APPROVES THE SALARIES OR MAKES RECOMMENDATIONS FOR ADJUSTMENTS BASED UPON THE COMPARATIVE DATA SUPPLIED. ALL COMPENSATION DECISIONS ARE CONTEMPORANEOUSLY DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS,CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -4,485. FORM 990, PART I, LINE 6 - TOTAL NUMBER OF VOLUNTEERS IS 582 VOLUNTEERS CONSIST OF VOLUNTEERS FOR BOARD MEMBERS AND PHONATHON AND VOLUNTEER COACHES FOR EM, DEVELOPMENT AND ACADEMIC AFFAIRS. 990, PART VII, SECTION A LAURIE HAMEN BECAME PRESIDENT OF THE UNIVERSITY IN FEBRUARY 2014, THEREFORE, SHE RECEIVED NO COMPENSATION DURING CALENDAR YEAR 2013.