2012-03-27T08:54:05-05:00 2011-06-30 MCGLADREY & PULLEN LLP 221 THIRD AVENUE SE SUITE 300 CEDAR RAPIDS IA 524011512 990 2010-07-01 420681046 MOUNT MERCY UNIVERSITY MOUN 3193686470 1330 ELMHURST DRIVE NE CEDAR RAPIDS IA 52402 BARBARA PARKS POOLEY 3193686470 2012-02-14 1 KAY HEGARTY 3192985333 2010 2016-02-24 21:20:13Z CHRISTOPHER BLAKE 1330 ELMHURST DR NE CEDAR RAPIDS IA 52402 59379742 0 X WWW.MTMERCY.EDU X 1928 IA PROVIDE UNDERGRADUATE AND GRADUATE HIGHER EDUCATION FOR APPROXIMATELY 1,600 STUDENTS 31 31 905 65 0 0 6416546 2127922 30201150 31064023 1243142 1499018 293035 275569 38153873 34966532 8110240 7836917 0 0 14058315 15878446 93015 95877 1247207 10792556 9870655 33054126 33681895 5099747 1284637 60481769 66796150 13029658 14997480 47452111 51798670 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 16791427 7836917 27521137 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 MBA, MA IN EDUCATION, MA IN FAMILY THERAPY, MS IN NURSING (GRADUATE PROGRAMS) AND BA, BS, BAS AND BBA (UNDERGRADUATE PROGRAMS). FOR FALL OF 2010, THERE WERE 1,073 TRADITIONAL, 368 ACCELERATED AND 202 GRADUATE STUDENTS. TOTAL UNDERGRADUATE FTE WAS 1,205; GRADUATE FTE WAS 166. 3343234 3078746 AUXILIARY SERVICES: PROVIDE RESIDENCE HALLS WITH CAPACITY OF 450 STUDENTS, MEALS (BOARD PLANS) FOR RESIDENTIAL AND NON-RESIDENTIAL STUDENTS AND BOOKSTORE FOR TEXTBOOK PURCHASES. 3325087 464140 ACADEMIC SUPPORT: PROVIDE ACADEMIC RESOURCES TO ALL STUDENTS INCLUDING LIBRARY SERVICES, COMPUTER CENTER AND LABS, ACADEMIC ASSISTANCE AND CAMPUS MINISTRIES. 4194966 STUDENT SERVICES: ATHLETICS, HEALTH SERVICES, ADMISSIONS AND FINANCIAL AID. 4194966 27654714 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 1 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 86 0 1 905 1 0 1 CJ 0 0 0 0 0 0 0 0 X 31 31 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X BARBARA PARKS POOLEY 3193638213 1330 ELMHURST DRIVE NE CEDAR RAPIDS IA 52402 CHARLES A ROHDE 1.00 X X 0 0 0 SR MARY LOU PODZIMEK 1.00 X X 0 0 0 SR MARGARET WEIGEL 1.00 X X 0 0 0 MARTIN L ANDREAS 1.00 X 0 0 0 THOMAS C BARBEE 1.00 X 0 0 0 BARBARA A BARHAMAND 1.00 X 0 0 0 F JAMES BRADLEY 1.00 X 0 0 0 MICHELE M BUSSE 1.00 X 0 0 0 TERRI A CHRISTOFFERSEN 1.00 X 0 0 0 LOREN L COPPOCK 1.00 X 0 0 0 MAGDA M GOLOBIC 1.00 X 0 0 0 CAMELA C GREIF 1.00 X 0 0 0 SR DELORES HANNON 1.00 X 0 0 0 NANCY KASPAREK 1.00 X 0 0 0 DICK KETTELKAMP 1.00 X 0 0 0 BARBARA A KNAPP 1.00 X 0 0 0 C JOHN LINGE 1.00 X 0 0 0 SCOTT B LYNCH 1.00 X 0 0 0 JAMES M NIKRANT 1.00 X 0 0 0 H THOMAS REED 1.00 X 0 0 0 JOHN M RINDERKNECHT 1.00 X 0 0 0 EMMETT SCHERRMAN 1.00 X 0 0 0 ROBERT R SCHOEBERL 1.00 X 0 0 0 DYAN C SMITH 1.00 X 0 0 0 MARGEE STAMPER 1.00 X 0 0 0 SR KATHY R THORNTON 1.00 X 0 0 0 REV MSGR THOMAS E TOALE 1.00 X 0 0 0 ROBERT F KAZIMOUR 1.00 X 0 0 0 BRUCE KING 1.00 X 0 0 0 PAT FALCONIO 1.00 X 0 0 0 BRANDT A WORLEY 1.00 X X 0 0 0 CHRISTOPHER BLAKE 40.00 X 246709 0 58341 BARBARA PARKS POOLEY 40.00 X 119950 0 19839 JOHN MARSDEN 40.00 X 134114 0 29350 JENNIFER OATEY 40.00 X 125655 0 19458 LONNA DREWELOW 40.00 X 114000 0 25057 DR THOMAS FELD X 0 0 0 ROBERT W PEARCE X 0 0 0 740428 0 152045 5 0 1 0 RINDERKNECHT ASSOCIATES INC 1000 29TH AVENUE SW CEDAR RAPIDS IA 52404 CONTRACTOR 1808371 ARAMARK CORPORATION 6000 FELDWOOD ROAD COLLEGE PARK PA 30349 FOOD SERVICE 1508270 OPN ARCHITECTS 200 FIFTH AVE SE STE 201 CEDAR RAPIDS IA 52401 ARCHITECT 187739 OPTIONS OF LINN COUNTY 930 1ST ST SW CEDAR RAPIDS IA 52404 HOUSEKEEPING, FACILITIES 156925 IKON MANAGEMENT SERVICES PO BOX 53477 ATLANTA GA 30384 PRINTING/COPY SHOP 153103 9 38855 453159 1635908 75964 2127922 TUITION & FEES 611600 27238192 27238192 AUXILARY SERVICE 611710 3078746 3078746 FEES & ASSESSMENTS 611710 464140 464140 MISCELLANEOUS 611710 276148 276148 STUDENT FEES 611710 6797 6797 31064023 550053 550053 24705373 23714070 42338 991303 -42338 948965 948965 13500 38855 11346 2154 2154 918871 645456 273415 273415 34966532 27238192 0 5600418 7836917 7836917 681330 263900 294930 122500 11727961 10179216 1169723 379022 577152 485466 68299 23387 2042851 1718327 241746 82778 849152 710480 99765 38907 37319 37319 111122 111122 95877 95877 88247 88247 1477359 1477359 876534 33691 842843 1122497 875208 162502 84787 652727 509681 111854 31192 313678 255301 52552 5825 82559 59556 20463 2540 303099 236675 51940 14484 1527778 1192964 261806 73008 225071 40987 182766 1318 EQUIPMENT RENTAL & MAIN 1251838 803869 423946 24023 CONTRACTED SERVICES 580970 333938 187825 59207 STUDENT/ATHLETIC/FUNCTI 471197 414434 30003 26760 OTHER EXPENSES 452511 41895 241671 168945 MEMBERSHIPS & JOURNALS 209340 98041 98652 12647 86809 86809 33681895 27654714 4779974 1247207 4023 3687 2350972 2234765 3175471 3039248 1772797 2170249 82253 106685 280150 456855 55874501 21919051 29351448 33955450 18036419 19388740 3017347 3151000 2219675 2099977 191214 189494 60481769 66796150 2819591 3462985 706864 928445 6470000 7747234 500000 567465 2533203 2291351 13029658 14997480 X 27496101 28625350 6748102 9415618 13207908 13757702 47452111 51798670 60481769 66796150 X 1284637 3061922 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 19641585 349299 4436641 841959 23585566 16034256 1537585 2688560 618816 19641585 21841519 308958 -5146191 970030 16034256 0.28510 0.71490 0 0 175000 933982 1108982 37778686 15081159 22697527 8514417 5912304 2602113 8472416 925588 7546828 33955450 ANNUITIES PAYABLE 134000 DUE TO US GOVT PROGRAM 1803399 CAPITAL LEASE AGREEMENTS 353952 2291351 34966532 33681895 1284637 2980419 12490 69013 3061922 4346559 30679733 2980419 12490 557209 3550118 27129615 7836917 7836917 34966532 26402187 645456 645456 25756731 7925164 7925164 33681895 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: PROVIDE SCHOLARSHIPS TO STUDENTS AND SUPPORT ACADEMIC PROGRAMS AND DEPARTMENTS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: INCOME TAXES: THE UNIVERSITY HAS A TAX DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE STATING THEY QUALIFY UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE") AND ARE EXEMPT FROM FEDERAL INCOME TAXES. AS SUCH, THE UNIVERSITY IS SUBJECT TO FEDERAL INCOME TAXES ONLY ON ANY NET UNRELATED BUSINESS INCOME UNDER THE PROVISIONS OF SECTION 511 OF THE CODE. THE UNIVERSITY FILES A FORM 990 (RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX) ANNUALLY. WHEN THESE RETURNS ARE FILED, IT IS HIGHLY CERTAIN THAT SOME POSITIONS TAKEN WOULD BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES, WHILE OTHER ARE SUBJECT TO UNCERTAINTY ABOUT THE MERITS OF THE TAX POSITION TAKEN OR THE AMOUNT OF THE POSITION THAT WOULD ULTIMATELY BE SUSTAINED. EXAMPLES OF TAX POSITIONS COMMON TO UNIVERSITIES INCLUDE SUCH MATTERS AS THE FOLLOWING: THE TAX EXEMPT STATUS AND VARIOUS POSITIONS RELATIVE TO POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBIT). UBIT IS REPORTED ON FORM 990-T AS APPROPRIATE. THE BENEFIT OF A TAX POSITION IS RECOGNIZED IN THE FINANCIAL STATEMENTS IN THE PERIOD DURING WHICH, BASED ON ALL AVAILABLE EVIDENCE, MANAGEMENT BELIEVES THAT IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING THE RESOLUTION OF APPEALS OR LITIGATION PROCESSES, IF ANY. TAX POSITIONS ARE NOT OFFSET OR AGGREGATED WITH OTHER POSITIONS. TAX POSITIONS THAT MEET THE "MORE LIKELY THAN NOT" RECOGNITION THRESHOLD ARE MEASURED AS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS MORE THAN 50% LIKELY TO BE REALIZED ON SETTLEMENT WITH THE APPLICABLE TAX AUTHORITY. THE PORTION OF THE BENEFITS ASSOCIATED WITH TAX POSITIONS TAKEN THAT EXCEEDS THE AMOUNT MEASURED AS DESCRIBED ABOVE IS REFLECTED AS A LIABILITY FOR UNCERTAIN TAX BENEFITS IN THE ACCOMPANYING STATEMENT OF FINANCIAL POSITION ALONG WITH ANY ASSOCIATED INTEREST AND PENALTIES THAT WOULD BE PAYABLE TO THE TAXING AUTHORITY UPON EXAMINATION. AS OF JUNE 30, 2011 AND 2010, THERE WERE NO UNCERTAIN TAX BENEFITS IDENTIFIED AND RECORDED AS A LIABLITY. FORMS 990 AND 990-T FILED BY THE COLLEGE ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE (IRS) UP TO THREE YEARS FROM THE EXTENDED DUE DATE OF EACH RETURN. FORMS 990 AND 990-T FILED BY THE COLLEGE ARE NO LONGER SUBJECT TO EXAMINATION FOR THE FISCAL YEARS ENDED JUNE 30,2007 AND PRIOR. PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 69,013. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 645,456. INVESTMENT MANAGEMENT FEES SHOWN AS EXPENSE -88,247. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS & GRANTS PAID 7,836,917. PART XIII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD SHOWN UNDER REVENUE 645,456. PART XIII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS & GRANTS PAID 7,836,917. INVESTMENT MANAGEMENT FEES SHOWN AS EXPENSE 88,247. FUNDRAISING REVENUE 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 EQUAL OPPORTUNITY POLICY PUBLISHED IN THE MOUNT MERCY COLLEGE CATALOG EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 MOUNT MERCY COLLEGE RECEIVES FEDERAL AND STATE FINANCIAL AID AND GRANTS. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 21020000 0 0 0 21020000 0 21020000 0 0 0 0 0 0 X X X X X X X 1 RUFFALO CODY 65 KIRKWOOD NORTH RD SW CEDAR RAPIDS IA 52404 ANNUAL FUND CONSULTANT 0 168264 53885 114379 BENTZ WHALEY FLESSNER 7251 OHMS LANE MINNEAPOLIS MN 55439 CONSULTANT 0 0 41992 -41992 168264 95877 72387 IA GOLF OUTING 52355 38855 13500 100 800 8798 1648 52355 38855 13500 100 800 8798 1648 11346 2154 1 ENDOWED SCHOLARSHIPS 187 339800 ATHLETIC SCHOLARSHIPS 199 594924 MERIT SCHOLARSHIPS 1084 6902193 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, 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 2.00 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 X X 0 0 0 0 0 0 0 0 0 CHRISTOPHER BLAKE 223898 0 11139 0 11672 0 29935 0 28406 0 305050 0 0 0 JOHN MARSDEN 130861 0 3000 0 253 0 8150 0 21200 0 163464 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. THE UNIVERSITY PAYS FOR INDIVIDUAL TAX PREPARATION SERVICES FOR THE PRESIDENT. LINN COUNTY IA 426004338 NONEAVAIL 2010-06-18 9970000 FINANCE LAND, BLDG & EQUIPMENT 0 0 0 9970000 40000 7747234 2182766 0 1 0 1 0 0 0 0 0.00000 0.00000 0.00000 1 1 1 1 US BANK 78.000000000000 0 0 0 0 1 X 10 71475 MEANS PRICE X 1 1600 FMV X SUPPLIES 1 2203 SALES PRICE X RENTAL 1 686 FMV 0 1 0 METHOD FOR DETERMINING NUMBER OF CONTRIBUTORS: PART I, COLUMN (B): THE NUMBER OF CONTRIBUTORS FORM 990, PART VI, SECTION A, LINE 2 BARBARA KNAPP, VICE-CHAIR OF BOARD OF TRUSTEES AND JIM NIKRANT, BOARD MEMBER 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. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 2,980,419. DONATED SERVICES AND USE OF FACILITIES: 12,490. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 69,013. TOTAL TO FORM 990, PART XI, LINE 5: 3,061,922. TOTAL NUMBER OF VOLUNTEERS IS 65 FORM 990, PART I, LINE 6 VOLUNTEERS CONSIST OF VOLUNTEERS FOR PHONATHON AND VOLUNTEER COACHES MCELROY MOUNT MERCY LOAN FUND 1330 ELMHURST DRIVE NE CEDAR RAPIDS IA 52402 421202191 SUPPORTING ORGANIZATION IA 501(C)(3) LINE 11A, I N/A 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0