2024-05-13T17:18:40-07:00 2023-06-30 990 2022-07-01 381360586 UNIVERSITY OF DETROIT MERCY UNIV 3139931000 4001 W McNichols Rd Detroit MI 482213038 Thomas Manceor Chief Financial Officer 3139931508 2024-05-13 Thomas Manceor 999009999 1 1 11 1 AAL2 X 2022 2023-04-26 12:10:37Z Thomas Manceor 4001 W McNichols Road Detroit MI 48221 191092456 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. 19 18 2242 325 0 0 38470947 25356023 145923576 145714339 4643704 5026620 0 0 189038227 176096982 8147658 8676849 0 0 104678001 106311420 26450 28499 4614491 58655028 56441891 171507137 171458659 17531090 4638323 293919419 296662533 100162577 90988532 193756842 205674001 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 104763564 8676849 138077257 Delivered educational programs to approximately 2,341 undergraduate and 999 graduate students in five colleges and 1,200 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. 12618988 0 7637082 Provided higher education auxiliary services including housing and food services to approximately 527 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. 13420406 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 130802958 1 1 0 1 0 0 0 0 0 1 1 0 0 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 1 551 0 2242 1 0 0 0 0 0 0 0 1 1 0 0 0 X 19 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MI X Thomas Manceor 3139931508 4001 W McNichols Rd Detroit MI 482213038 Michael Davis Head Coach - Men Basketball 40 0 X 561096 0 46029 Donald B Taylor President 40 0 X X 226087 0 311750 Antoine M Garibaldi President Emeritus & Distinguished University Professor 40 0 X 468349 0 47787 Pamela Zarkowski Provost & Vice President for Academic Affairs 40 0 X 405096 0 43582 Mert N Aksu Dean School of Dentistry 40 0 X 390062 0 46887 Ahmad Maalhagh-Fard Associate Professor & Dir Faculty Success Program 40 0 X 362430 0 42135 Thomas Manceor Vice President Finance & Administration 40 0 X 329023 0 47915 Joseph G Eisenhauer Dean College of Business Administration 40 0 X 251100 0 42583 Abed Yakan Clinical Assistant Professor 40 0 X 239181 0 42931 Arnold D'Ambrosio Vice President of Advancement 40 0 X 231242 0 41965 Dincer C Gurun Associate Professor of Clinical Dentistry 40 0 X 222708 0 41188 Deborah C Stieffel Vice President of Enrollment & Student Affairs 40 0 X 224967 0 36962 Mark E Denham Dean College of Liberal Arts & Education 40 0 X 217013 0 42759 Robert C Vowels Athletic Director 40 0 X 209091 0 43889 Jelani Jefferson Exum Dean School of Law 40 0 X 220393 0 31189 Anthony Neely Associate Professor of Graduate Periodontics 40 0 X 226713 0 21058 Riyad Al-Qawasmi Associate Professor of Graduate Orthodontics 40 0 X 218684 0 13125 Omid Sabbaghi Associate Professor Business Administration 40 0 X 227708 0 0 Katherine Snyder Dean College of Engineering & Science 40 0 X 184707 0 39130 Janet Baiardi Interim Dean College of Health Professions 40 0 X 178903 0 36653 Daniel Pitera Dean School of Architecture & Community Development 40 0 X 171814 0 40765 Sulman S Hans Dean School of Optometry 40 0 X 177473 0 18311 Monica M Barbour University Secretary & Legal Counsel 40 0 X 153365 0 34466 Michael Dosch Professor of Nurse Anesthesiology 40 0 X 142206 0 38118 Neal Rosenburg Professor of Health Professions & McAuley School of Nursing 40 0 X 153893 0 22561 William Wittig Professor School of Architecture 40 0 X 130778 0 36465 Jocelyn M Boryczka Dean College of Liberal Arts & Education 40 0 X 88154 0 0 James P Holland Vice Chair of the Board 1 0 X 0 0 0 Michael T McNamara Chairman of the Board 1 0 X 0 0 0 Rev Theodore Munz Trustee 1 0 X 0 0 0 Sr Helen Marie Burns RSM PhD Trustee 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 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 Rev Brian F Linnane Trustee 1 0 X 0 0 0 Jeffrey J Bourgoin Trustee 1 0 X 0 0 0 Sr Judith A Carey RSM PhD Trustee 1 0 X 0 0 0 Michael A Carter Sr Trustee 1 0 X 0 0 0 Meredith R Harper Trustee 1 0 X 0 0 0 Nancy E Hazely Trustee 1 0 X 0 0 0 Rev J Thomas McClain SJ Trustee 1 0 X 0 0 0 Joseph G Mueller SJ STD Trustee 1 0 X 0 0 0 6612236 0 1210203 155 1 1 0 Metz Culinary Management 2 Woodland Dr Dallas PA 186129159 Meal and Catering Services 2500036 Ellucian Company 4375 Fair Lakes Ct Ste 3000 Fairfax VA 220334234 Software & System Support 535675 Butzel Long 150 W Jefferson Ste 100 Detroit MI 482264330 Lawyers 674238 Kasco LLC 226 E Hudson Avenue Royal Oak MI 480673700 Construction - various projects 5582743 Fairview Construction Services LLC 47103 Five Mile Road Plymouth MI 481702420 Construction 733558 23 0 0 0 0 13246553 12109470 0 25356023 Tuition (including other Departmental) 611310 138077257 138077257 0 0 Auxiliary Enterprises 611710 7637082 7637082 0 0 0 0 0 0 145714339 2618203 2618203 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 17403891 0 14995474 0 2408417 0 2408417 2408417 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 176096982 150740959 0 0 0 0 8676849 8676849 0 0 0 0 4614980 2528509 1943009 143462 0 0 0 0 78506090 68904454 7881346 1720290 5482000 2516098 2608934 356968 11926556 5473984 5675957 776615 5781794 2653695 2751609 376490 0 0 0 0 785769 16275 769494 0 144043 0 144043 92787 0 92787 0 28499 28499 104881 0 104881 0 13880510 10466340 3221255 192915 1409433 177361 1229565 2507 9798123 8493657 964321 340145 3349625 2900576 326585 122464 0 0 0 0 4705077 853149 3836011 15917 2843946 2581504 219002 43440 0 0 0 0 1593102 1020208 341628 231266 2026603 1741631 239531 45441 0 0 0 0 9191750 7899248 1086403 206099 2008623 1063418 945205 0 Small Tools & Equipment 360081 256625 103456 0 Bad Debt & Collection Expense 1757012 473719 1283293 0 Dues & Memberships 752946 468098 272875 11973 Grants and Student Related Stipends 1637580 1637560 20 0 171458659 130802958 36041210 4614491 0 0 53504203 43993352 6086570 3238910 9640733 9928257 0 0 0 0 13802588 12729885 0 0 2388059 2150890 308325991 169721959 132563907 138604032 75933359 86017207 0 0 0 0 0 0 0 0 293919419 296662533 18833072 14681998 0 0 9869143 10008047 52195957 50918651 0 0 0 0 0 0 0 0 19264405 15379836 100162577 90988532 X 109215356 110798007 84541486 94875994 193756842 205674001 293919419 296662533 X 4638323 4821789 0 0 0 2457047 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 0 0 0 83263246 6096905 8521091 2513034 3000 0 95365208 93964421 5803903 -14473022 2035056 -3000 0 83263246 73848701 3590283 18401688 1917870 -41619 0 93964421 69415105 4892016 1431516 1889936 0 0 73848701 63253433 4211000 3363000 1412000 0 0 69415433 0.1 0.67 0.23 0 0 0 8019761 8019761 0 186132365 105326940 80805425 0 0 0 0 0 47246410 38580518 8665892 0 66927455 25814501 41112954 138604032 0 Accrued postretirement benefits 3774146 Federal student loans 11375393 Fair value of interest rate SWAP agreement 230297 15379836 172138701 4823449 0 0 -8676849 -3853400 175992101 104881 0 104881 176096982 162676930 0 0 0 0 0 162676930 104880 8676849 8781729 171458659 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 $8,676,849 netted against revenue in the financial statements, but included in expenses in the 990. Schedule D, Part XII, Line 4b Funded scholarships of $8,676,849 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 Shift Marketing PO Box 7291 Wilmington DE 198030291 Phone solicitation of gifts. 0 40285 28499 11786 40285 28499 11786 MI MN NH OR WA WI 1 Federal SEOG 897 1489641 0 MI Tuition 952 2576396 0 Detroit Mercy Expendable 223 992643 0 Detroit Mercy Endowment 407 2010120 0 Other State Grants 372 724537 0 Other Federal Grants 72 847616 0 Various DM Departmental 10 35915 0 Schedule I, Part I, Line 2 All grants are issued through 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 Donald B Taylor President 226087 0 0 0 1914 0 17000 0 14175 0 259176 0 0 Pamela Zarkowski Provost & Vice President for Academic Affairs 405096 0 0 0 0 0 21696 0 21887 0 448679 0 0 0 Thomas Manceor Vice President Finance & Administration 329023 0 0 0 0 0 24400 0 23515 0 376938 0 0 0 Arnold D'Ambrosio Vice President of Advancement 231242 0 0 0 7800 0 18851 0 23115 0 281008 0 0 0 Deborah C Stieffel Vice President of Enrollment & Student Affairs 224967 0 0 0 0 0 17528 0 19434 0 261929 0 0 0 Monica M Barbour University Secretary & Legal Counsel 153365 0 0 0 0 0 12582 0 21884 0 187831 0 0 0 Mert N Aksu Dean School of Dentistry 390062 0 0 0 0 0 24400 0 22487 0 436949 0 0 0 Janet Baiardi Interim Dean College of Health Professions 178903 0 0 0 0 0 14766 0 21887 0 215556 0 0 0 Mark E Denham Dean College of Liberal Arts & Education 217013 0 0 0 0 0 18003 0 24756 0 259772 0 0 0 Joseph G Eisenhauer Dean College of Business Administration 251100 0 0 0 0 0 20577 0 22007 0 293684 0 0 0 Sulman S Hans Dean School of Optometry 177473 0 0 0 981 0 14277 0 4034 0 196765 0 0 0 Jelani Jefferson Exum Dean School of Law 220393 0 0 0 0 0 0 0 31189 0 251582 0 0 0 Daniel Pitera Dean School of Architecture & Community Development 171814 0 0 0 0 0 13410 0 27355 0 212579 0 0 0 Katherine Snyder Dean College of Engineering & Science 184707 0 0 0 0 0 11664 0 58525 0 254896 0 0 0 Antoine M Garibaldi President Emeritus & Distinguished University Professor 468349 0 98000 0 3827 0 24400 0 23387 0 617963 0 0 0 Michael Davis Head Coach - Men Basketball 561096 0 0 0 7800 0 18522 0 27506 0 614924 0 0 0 Ahmad Maalhagh-Fard Associate Professor & Dir Faculty Success Program 362430 0 0 0 0 0 19172 0 22964 0 404566 0 0 0 Abed Yakan Clinical Assistant Professor 239181 0 0 0 0 0 19816 0 23115 0 282112 0 0 0 Anthony Neely Associate Professor of Graduate Periodontics 226712 0 0 0 1500 0 18296 0 2762 0 249270 0 0 0 William Wittig Professor School of Architecture 130778 0 0 0 0 0 13502 0 22964 0 167244 0 0 0 Robert C Vowels Athletic Director 209091 0 0 0 7800 0 16534 0 27355 0 260780 0 0 0 Neal Rosenburg Professor of Health Professions & McAuley School of Nursing 153893 0 0 0 0 0 12114 0 10447 0 176454 0 0 0 Omid Sabbaghi Associate Professor Business Administration 227473 0 0 0 0 0 22638 0 25688 0 275799 0 0 0 Dincer C Gurun Associate Professor of Clinical Dentistry 222708 0 0 0 0 0 13833 0 27355 0 263896 0 0 0 Michael Dosch Professor of Nurse Anesthesiology 142206 0 0 0 0 0 14915 0 23203 0 180324 0 0 0 Riyad Al-Qawasmi Associate Professor of Graduate Orthodontics 218684 0 0 0 1500 0 13113 0 12 0 233309 0 0 0 Jocelyn M Boryczka Dean College of Liberal Arts & Education 83154 0 0 0 5000 0 0 0 0 0 88154 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 Finance Authority Higher Education Facilities 521285150 594519K25 2019-01-19 23860000 Refund Series 2007 Bonds 0 0 0 B Michigan Finance Authority Higher Education Facilities 521285150 594479AV9 2019-01-19 13985000 Refund Series 2011 Bonds 0 0 0 C Michigan Finance Authority Higher Education Limited Obligation Revenue Bonds - Series 2020 521285150 2020-01-29 14000000 Renovations to the Student Union Bldg and Other Bldg 0 0 0 A 3845000 0 23860000 0 0 0 0 0 0 0 23860000 0 1 0 1 1 B 1490000 0 13985000 0 0 0 0 0 0 0 13985000 0 1 0 1 1 C 0 0 13690000 0 0 0 0 0 0 13690000 0 0 0 0 1 1 A 0 0 1 1 0 0 0 0 0 0 1 B 0 1 1 1 0 0 0 0 0 0 1 C 0 0 1 1 0 0 0 0 0 0 1 A 1 1 1 Citizen's Bank 27.7 0 0 0 0 1 B 1 1 1 Citizen's Bank 27.7 0 0 0 0 1 C 1 1 1 Fifth Third Bank 10 0 0 0 0 1 A 1 B 1 C 1 Students Dependent of Officer/Key Employee 31058 Tuition Remission Employee Benefit X 14 1097235 FMV 0 0 1 1 Schedule M, Part I, Line 32b The university maintains a brokerage relationship to facilitate the processing of and selling 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. Contemporaneously, the completed 990 is made available online to the full BOT through the UDM BoardEffect portal, a dedicated and password protected portal of the University for the Board of Trustees and the President's Council. 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 and AVP of Human Resources to determine compensation for the President and other executives of the University. A compensation committee meeting was held during FY23. Salary ranges are established after reviewing executive salary data from peer institutions, Chronicles of Higher ED Annual Executive Compensation 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 statements available upon request. Form 990, Part XI, Line 9 Includes gain on value of interest SWAP agreement $1,549,975 and non-operating gain for post-retirement benefits of $907,073. Dexter Holdings LLC 651 E Jefferson Detroit MI 48226 381360586 Acts as agent of UDM in various transactions MI 0 0 N/A Audited financial statements are not received until after the five month deadline.