2025-05-14T13:56:43-07:00 2024-06-30 990 2023-07-01 381360586 UNIVERSITY OF DETROIT MERCY UNIV 3139931000 4001 W McNichols Rd Detroit MI 482213038 Thomas Manceor Chief Financial Officer 3139931508 2025-05-14 1 2023 2025-03-06 01:10:19Z Thomas Manceor 4001 W McNichols Rd Detroit MI 48221 262351508 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. 26 25 2232 350 0 0 25356023 34091294 145714339 150111374 5026620 4104940 0 0 176096982 188307608 8676849 10324022 0 0 106311420 109018816 28499 2040 3003767 56441891 59906343 171458659 179251221 4638323 9056387 296662533 318876008 90988532 92296140 205674001 226579868 X 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. 1 0 111468462 10324022 141886951 Delivered educational programs to approximately 2,308 undergraduate and 959 graduate students in five colleges and 1,211 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 dental clinics. 13346265 0 8224423 Provided higher education auxiliary services including housing and food services to approximately 530 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. 12527614 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 137342341 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 0 1 0 1 0 0 0 0 0 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 1 577 0 2232 1 0 0 0 0 0 0 0 0 X 26 25 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 549225 0 51206 Donald B Taylor President 40 0 X X 505707 0 55580 Pamela Zarkowski Provost & Vice President for Academic Affairs 40 0 X 395675 0 49651 Antoine M Garibaldi President Emeritus & Distinguished University Professor 40 0 X X 396040 0 48791 Mert N Aksu Dean School of Dentistry 40 0 X 373367 0 49651 Thomas Manceor Vice President Finance & Administration 40 0 X 328573 0 50627 Ahmad Maalhagh-Fard Associate Professor & Dir Faculty Success Program 40 0 X 296856 0 39684 Omid Sabbaghi Associate Professor Business Administration 40 0 X 258610 0 50869 Joseph G Eisenhauer Dean College of Business Administration 40 0 X 252968 0 44605 Abed Yakan Clinical Assistant Professor 40 0 X 232357 0 64779 Deborah C Stieffel Vice President of Enrollment & Student Affairs 40 0 X 236134 0 37396 Robert C Vowels Athletic Director 40 0 X 219023 0 45758 Dincer C Gurun Associate Professor of Clinical Dentistry 40 0 X 215863 0 42500 Sulman S Hans Associate Dean School of Optometry 40 0 X 236656 0 18880 Jelani Jefferson Exum Dean School of Law 40 0 X 218834 0 31323 Anthony Neely Associate Professor of Graduate Periodontics 40 0 X 227255 0 21328 Jocelyn M Boryczka Dean of College of Liberal Arts 40 0 X 205082 0 20586 Riyad Al-Qawasmi Associate Professor of Graduate Orthodontics 40 0 X 210521 0 12545 Katherine Snyder Dean College of Engineering & Science 40 0 X 186962 0 35676 Daniel Pitera Dean School of Architecture & Community Development 40 0 X 174059 0 46304 Janet Baiardi Interim Dean College of Health Professions 40 0 X 180505 0 38159 Nicholas J Schroeck Dean - Law School 40 0 X 178239 0 12746 Monica M Barbour University Secretary & Legal Counsel 40 0 X 158836 0 24828 William Wittig Professor School of Architecture 40 0 X 138477 0 38179 Dennis M Carlesso Vice President of Advancement 40 0 X 127243 0 44349 Neal Rosenburg Professor of Health Professions & McAuley School of Nursing 40 0 X 142515 0 24574 Arnaldo A D'Ambrosio Former VP of University Advancement 40 0 X 138446 0 23325 Michael T McNamara Chairman of the Board 1 0 X 0 0 0 Jeffrey J Bourgoin Vice Chair of the Board 1 0 X 0 0 0 James P Holland Trustee 1 0 X 0 0 0 Rev Theodore Munz SJ 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 Alain Joseph Trustee 1 0 X 0 0 0 Sr Mary Ann Clarahan RSM 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 Robert Casalou Trustee 1 0 X 0 0 0 Rev Joseph Daoust SJ Trustee 1 0 X 0 0 0 Tamika Hall Trustee 1 0 X 0 0 0 Rainy Hamilton Jr Trustee 1 0 X 0 0 0 Rev Joseph McShane SJ Trustee 1 0 X 0 0 0 Rosalie Tocco-Bradley Trustee 1 0 X 0 0 0 Sr Linda Werthman RSM Trustee 1 0 X 0 0 0 Joseph Zalke Trustee 1 0 X 0 0 0 6784028 0 1023899 240 1 1 0 Butzel Long 201 W Big Beaver Rd Ste 1200 Troy MI 480844120 Legal Services 576912 Graham Media Group MI Inc PO Box 788355 Philadelphia PA 191788355 Advertising 304973 RefQuest LLC PO Box 30737 Indianapolis IN 462300737 Athletic Department Game Management 300880 Plante & Moran PLLC 16060 Collections Ctr Dr Chicago IL 606930001 Audit Services 164899 Timely Telehealth LLC DBA TimelyMD 1315 S Adams St Fort Worth TX 761044404 Student Medical & Mental Health 164160 15 0 0 0 0 15409342 18681952 0 34091294 Tuition (including other Departmental) 611310 141886951 141886951 0 0 Auxillary Enterprises 611710 8224423 8224423 0 0 0 0 0 0 150111374 3213501 3213501 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 74935339 0 74043900 0 891439 0 891439 891439 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 188307608 154216314 0 0 0 0 10324022 10324022 0 0 0 0 4817096 2446152 2185248 185696 0 0 0 0 80979667 71298981 8397011 1283675 5246000 2795110 2258932 191958 11726470 5978757 5297543 450170 6249583 3186358 2823308 239917 0 0 0 0 572176 5461 566715 0 162174 0 162174 0 88786 0 88786 0 2040 2040 232720 0 232720 0 16589663 10752484 5801394 35785 1602615 320715 1281900 0 9928424 9095517 533863 299044 3520456 2806593 713148 715 0 0 0 0 4777787 760273 4017514 0 3004734 2699168 294658 10908 0 0 0 0 1590334 1207831 351602 30901 2882471 2478925 345897 57649 0 0 0 0 10175633 8751044 1221076 203513 1445757 179814 1265943 0 Bad debt & collection expense 1574450 911053 663397 0 Small tools & equipment 223374 118665 103701 1008 Dues & memberships 833919 524548 298583 10788 Grant related student stipends 700870 700870 0 0 0 0 0 0 179251221 137342341 38905113 3003767 0 0 43993352 48375100 3238910 3221578 9928257 10919042 0 0 0 0 12729885 9921809 0 0 2150890 1687292 323845959 179557183 138604032 144288776 86017207 100462411 0 0 0 0 0 0 0 0 296662533 318876008 14681998 15131450 0 0 10008047 9402473 50918651 54188164 0 0 0 0 0 0 0 0 15379836 13574053 90988532 92296140 X 110798007 115296685 94875994 111283183 205674001 226579868 296662533 318876008 X 9056387 11282732 0 0 0 566748 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 95365208 2336186 13347774 2689058 -210000 0 108570110 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 0.14 0.61 0.25 0 0 0 8041331 8041331 0 214845891 111915627 102930264 0 0 0 0 0 51992057 40805703 11186354 0 48966680 26835853 22130827 144288776 0 Accrued postretirement benefits 3374063 Federal student loans 10199990 13574053 189033598 11282732 0 0 -10324022 958710 188074888 232720 0 232720 188307608 168694479 0 0 0 0 0 168694479 232720 10324022 10556742 179251221 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 $ 10,324,022 netted against revenue in the financial statements, but included in expenses in the 990. Schedule D, Part XII, Line 4b Funded scholarships of $10,324,022 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. 1 Federal SEOG 914 1738234 0 MI Tuition 1014 2774790 0 Detroit Mercy Expendable 201 1012036 0 Detroit Mercy Endowment 421 1954154 0 Other State Grants 695 2026185 0 Other Federal Grants 19 765947 0 Various DM Departmental 10 52676 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 451880 0 50000 0 3827 0 26400 0 29180 0 561287 0 0 0 Pamela Zarkowski Provost & Vice President for Academic Affairs 395675 0 0 0 0 0 26400 0 23251 0 445326 0 0 0 Thomas Manceor Vice President Finance & Administration 328573 0 0 0 0 0 26400 0 24227 0 379200 0 0 0 Deborah C Stieffel Vice President of Enrollment & Student Affairs 236134 0 0 0 0 0 17929 0 19467 0 273530 0 0 0 Arnaldo A D'Ambrosio Vice President of University Advancement 134246 0 0 0 4200 0 10554 0 12772 0 161772 0 0 0 Dennis M Carlesso Vice President of Advancement 125743 0 0 0 1500 0 10039 0 34310 0 171592 0 0 0 Monica M Barbour University Secretary & Legal Counsel 158836 0 0 0 0 0 13033 0 11795 0 183664 0 0 0 Mert N Aksu Dean School of Dentistry 373367 0 0 0 0 0 26400 0 23251 0 423018 0 0 0 Joseph G Eisenhauer Dean College of Business Administration 252968 0 0 0 0 0 20781 0 23824 0 297573 0 0 0 Jelani Jefferson Exum Dean School of Law 218834 0 0 0 0 0 0 0 31323 0 250157 0 0 0 Jocelyn M Boryczka Dean of College of Liberal Arts 205082 0 0 0 0 0 0 0 20586 0 225668 0 0 0 Katherine Snyder Dean College of Engineering & Science 186962 0 0 0 0 0 11779 0 23897 0 222638 0 0 0 Janet Baiardi Interim Dean College of Health Professions 180505 0 0 0 0 0 14908 0 23251 0 218664 0 0 0 Daniel Pitera Dean School of Architecture & Community Development 174059 0 0 0 0 0 14243 0 32060 0 220362 0 0 0 Nicholas J Schroeck Dean - Law School 176739 0 0 0 1500 0 12734 0 12 0 190985 0 0 0 Michael Davis Head Coach - Men Basketball 444575 0 96850 0 7800 0 20007 0 31199 0 600431 0 0 0 Antoine M Garibaldi President Emeritus & Distinguished University Professor 393096 0 0 0 2944 0 26400 0 22391 0 444831 0 0 0 Ahmad Maalhagh-Fard Associate Professor & Dir Faculty Success Program 296856 0 0 0 0 0 15670 0 24013 0 336539 0 0 0 Omid Sabbaghi Associate Professor Business Administration 258610 0 0 0 0 0 23625 0 27245 0 309480 0 0 0 Sulman S Hans Associate Dean School of Optometry 235906 0 0 0 750 0 18868 0 12 0 255536 0 0 0 Abed Yakan Clinical Assistant Professor 232357 0 0 0 0 0 18948 0 45831 0 297136 0 0 0 Anthony Neely Associate Professor of Graduate Periodontics 226043 0 0 0 1212 0 18266 0 3062 0 248583 0 0 0 Robert C Vowels Athletic Director 211223 0 0 0 7800 0 16698 0 29060 0 264781 0 0 0 Dincer C Gurun Associate Professor of Clinical Dentistry 215863 0 0 0 0 0 13439 0 29060 0 258362 0 0 0 Riyad Al-Qawasmi Associate Professor of Graduate Orthodontics 209021 0 0 0 1500 0 12533 0 12 0 223066 0 0 0 Neal Rosenburg Professor of Health Professions & McAuley School of Nursing 142515 0 0 0 0 0 12642 0 11932 0 167089 0 0 0 William Wittig Professor School of Architecture 138477 0 0 0 0 0 14090 0 24089 0 176656 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. A Michigan Finance Authority Higher Education Facilities 521285150 594479JQ1 2023-09-28 54505000 Refinance Series 2019A & B, 2020 Bonds 0 0 0 A 50327130 0 54505000 0 0 0 0 0 0 0 0 0 1 0 0 1 A 0 0 0 0 0 0 0 0 0 1 A 1 0 0 0 0 1 A 1 Students Dependent of Officer/Key Employee 86222 Tuition Remission Employee Benefit X 2 333883 Actual Cost X 12 4496099 FMV X 78" x 58" Quilt by Menxie Lee 1 3500 Fair Market Value X High Volume - Ceiling Fans 2 9600 Actual Cost X Commercial Tent Kits 1 11086 Actual Cost 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 III, Line 2 Detroit Mercy opened a Optometry Clinic on our Novi Campus in late April 2024. Form 990, Part VI, Section B, Line 11b The CFO, the 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 AVP of Human Resources to determine compensation for the President and other executives of the University. A compensation committee meeting was held during FY24. Salary ranges are established after reviewing Executive salary data from peer institutions, Chronicle 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 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 $708,297 and non-operating loss for post-retirement benefits of (141,548). Dexter Holdings LLC 651 E Jefferson Detroit MI 48226 381360586 Acts as agent of UDM in various transactions MI 0 0 N/A