MOUND FARM HOLDINGS INC: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- MOUND FARM HOLDINGS INC (EIN 42-0681046)
- Tax period
- 2024-07-01 to 2025-06-30
- Filed
- 2026-04-29
- IRS object ID
- 202621199349301922
- Schema version
- 2024v5.5
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule N
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-04-29T11:53:11-05:00 | ReturnTs |
| Tax Period End | 2025-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 410746749 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 121 SOUTH TEJON STREET SUITE 1100 | AddressLine1Txt |
| City | COLORADO SPRINGS | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80903 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 420681046 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MOUND FARM HOLDINGS INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MOUN | BusinessNameControlTxt |
| Phone | 3193631323 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1330 ELMHURST DRIVE NE | AddressLine1Txt |
| City | CEDAR RAPIDS | CityNm |
| State Abbreviation | IA | StateAbbreviationCd |
| ZIP | 52402 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | TODD OLSON | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 3193631323 | PhoneNum |
| Signature | 2026-04-27 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | SARAH HINTZ | PreparerPersonNm |
| PTIN | P00492291 | PTIN |
| Phone | 7196350330 | PhoneNum |
| Preparation | 2026-04-07 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Change | Yes (X) | NameChangeInd |
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MOUNT MERCY UNIVERSITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | TODD OLSON | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1330 ELMHURST DRIVE NE | AddressLine1Txt |
| City | CEDAR RAPIDS | CityNm |
| State Abbreviation | IA | StateAbbreviationCd |
| ZIP | 52402 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $71,779,842 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.MTMERCY.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1928 | FormationYr |
| Legal Domicile State | IA | LegalDomicileStateCd |
| Activity Or Mission | PROVIDE UNDERGRADUATE AND GRADUATE HIGHER EDUCATION FOR APPROXIMATELY 1,400 STUDENTS. | ActivityOrMissionDesc |
| Contract Termination | Yes (X) | ContractTerminationInd |
| Voting Members Governing Body | 26 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 26 | VotingMembersIndependentCnt |
| Total Employee | 723 | TotalEmployeeCnt |
| Total Volunteers | 250 | TotalVolunteersCnt |
| Total Gross UBI | $167,281 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $60,035 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $3,831,213 | PYContributionsGrantsAmt |
| CY Contributions Grants | $2,417,721 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $47,042,786 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $49,126,374 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,950,630 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,030,260 | CYInvestmentIncomeAmt |
| PY Other Revenue | $235,353 | PYOtherRevenueAmt |
| CY Other Revenue | -$3,395 | CYOtherRevenueAmt |
| PY Total Revenue | $53,059,982 | PYTotalRevenueAmt |
| CY Total Revenue | $52,570,960 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $22,903,616 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $134,919,489 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $18,542,146 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $16,604,536 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $112,000 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $92,680 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $625,783 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $14,623,602 | PYOtherExpensesAmt |
| CY Other Expenses | $13,733,775 | CYOtherExpensesAmt |
| PY Total Expenses | $56,181,364 | PYTotalExpensesAmt |
| CY Total Expenses | $165,350,480 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$3,121,382 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$112,779,520 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $100,157,191 | TotalAssetsBOYAmt |
| Total Assets EOY | $0 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $15,293,241 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $84,863,950 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $0 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | 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. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | Yes (1) | SignificantChangeInd |
| Expense | $109,268,325 | ExpenseAmt |
| Grant | $109,265,602 | GrantAmt |
| Revenue | $43,148,544 | RevenueAmt |
| Desc | INSTRUCTION: PROVIDE GRADUATE AND UNDERGRADUATE HIGHER EDUCATION IN PROGRAMS INCLUDING TRADITIONAL DAYTIME FORMAT, NON TRADITIONAL EVENING FORMAT, ONLINE, AND ACCELERATED EVENING AND WEEKEND FORMAT. DEGREES GRANTED INCLUDE MFT, MSN, MBA, MSL, MSSCM, MA AND MS IN EDUCATION, DMFT, AND DNP (GRADUATE PROGRAMS) AND BA, BS, BAS, BSN AND BBA (UNDERGRADUATE PROGRAMS). FOR FALL OF 2024, THERE WERE 1,021 TRADITIONAL, 16 ACCELERATED, 164 GRADUATE, 100 ONLINE TRADITIONAL, AND 101 ONLINE GRADUATE STUDENTS. TOTAL UNDERGRADUATE FTE WAS 1,074; GRADUATE FTE WAS 231. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $12,363,180 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $5,977,830 | RevenueAmt |
| Desc | AUXILIARY SERVICES: PROVIDE RESIDENCE HALLS WITH CAPACITY OF 450 STUDENTS, MEALS (FOOD PLANS) FOR RESIDENTIAL AND NON-RESIDENTIAL STUDENTS AND BOOKSTORE FOR TEXTBOOK PURCHASES. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $12,807,425 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | ACADEMIC SUPPORT: PROVIDE ACADEMIC RESOURCES TO ALL STUDENTS INCLUDING LIBRARY SERVICES, COMPUTER CENTER AND LABS, ACADEMIC ASSISTANCE AND CAMPUS MINISTRIES. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $25,653,887 | ExpenseAmt |
| Grant | $25,653,887 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | STUDENT SERVICES: ATHLETICS, HEALTH SERVICES, ADMISSIONS AND FINANCIAL AID. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $25,653,887 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $25,653,887 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $0 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $160,092,817 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | 0 | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | Yes (1) | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (1) | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | Yes (1) | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 2137 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 723 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 26 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 26 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | AK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | LA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ND | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NV | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | UT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TODD OLSON | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3193631323 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1330 ELMHURST DRIVE NE | AddressLine1Txt |
| City | CEDAR RAPIDS | CityNm |
| State Abbreviation | IA | StateAbbreviationCd |
| ZIP | 52402 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (35 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| CHARLES ROHDE | |||||||
| BOARD CHAIR & TRUSTEE | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| MICHELE BUSSE | |||||||
| BOARD CHAIR-ELECT & TRUSTEE | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| SISTER MARGARET WEIGEL | |||||||
| BOARD SECRETARY & TRUSTEE | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| BRANDT WORLEY | |||||||
| IMMEDIATE PAST CHAIR & TRUSTEE | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| BARBARA BARHAMAND | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| TERRI CHRISTOFFERSEN | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| TAMI CULVER | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DR MELANIE GIESLER-SPELLMAN | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MAGDA GOLOBIC | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| SISTER DELORES HANNON | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| RONALD HEROLD | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| NANCY KASPAREK | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ROBERT KAZIMOUR | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DR RICHARD KETTELKAMP | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| BARBARA KNAPP | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JASON MILLER | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JAMES NIKRANT | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| SISTER SUSAN O'CONNOR | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| SISTER LAURA REICKS | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DR VINCENT REID | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| LEANN RIDGEWAY | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHN RINDERKNECHT | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DYAN SMITH | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| KRISTEN TROVAS | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL WEHR | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DR RUTH WHITE | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| TODD OLSON | |||||||
| PRESIDENT | 40.00 | Yes (X) | $258,030 | $0 | $68,588 | ||
| BRENDA HAEFNER | |||||||
| VP DEV & ALUMNI RELAT. (THRU 4/24) | 40.00 | Yes (X) | $107,722 | $0 | $22,237 | ||
| TOM CASTLE | |||||||
| PROVOST | 40.00 | Yes (X) | $134,586 | $0 | $36,569 | ||
| BRITTNEY BURMAHL | |||||||
| VP FOR BUSINESS & FINANCE | 40.00 | Yes (X) | $113,215 | $0 | $28,215 | ||
| RITU SHANDILYA | |||||||
| ASSOC. PROF. OF COMP. & DATA SCIENCE | 40.00 | $102,452 | $0 | $10,593 | Yes (X) | ||
| JAY COLEMAN | |||||||
| VP ENROLLMENT & MARKETING | 40.00 | $135,084 | $0 | $33,354 | Yes (X) | ||
| KIM BRO | |||||||
| DEAN COLLEGE OF NURSING (THRU 1/25) | 40.00 | $121,647 | $0 | $24,689 | Yes (X) | ||
| TOM DOERMANN | |||||||
| VP FOR OPERATIONS | 40.00 | $133,332 | $0 | $36,924 | Yes (X) | ||
| JENNIFER RASMUSSEN | |||||||
| PROFESSOR OF EDUCATION & DEPT CHAIR | 40.00 | $103,564 | $0 | $11,155 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,209,632 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $272,324 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 10 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| ARAMARK CORPORATION | |||||
| 6000 FELDWOOD ROAD | COLLEGE PARK | GA | 30349 | FOOD SERVICE | $2,078,888 |
| EAB GLOBAL | |||||
| 2445 M STREET NW | WASHINGTON | DC | 20037 | STUDENT RECRUITMENT & MARKETING SERVICES | $814,006 |
| RINDERKNECHT ASSOCIATES | |||||
| 1000 29TH AVENUE SW | CEDAR RAPIDS | IA | 52404 | CONSTRUCTION | $398,222 |
| KONE | |||||
| ONE KONE COURT | MOLINE | IL | 61265 | ELEVATOR MAINTENANCE | $272,082 |
| BRECKE MECHANICAL CONTRACTORS | |||||
| 4140 F AVE NW | CEDAR RAPIDS | IA | 52405 | MECHANICAL CONTRACTING | $243,781 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 10 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $81,038 | FundraisingAmt |
| Government Grants | $171,603 | GovernmentGrantsAmt |
| All Other Contributions | $2,165,080 | AllOtherContributionsAmt |
| Noncash Contributions | $6,250 | NoncashContributionsAmt |
| Total Contributions | $2,417,721 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION & FEES | 611310 | $43,148,544 | $43,148,544 |
| AUXILIARY SERVICES | 611710 | $4,813,642 | $4,813,642 |
| FEES & ASSESSMENTS | 611710 | $1,164,188 | $1,164,188 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $49,126,374 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $904,506 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $167,281 | UnrelatedBusinessRevenueAmt |
| Exclusion | $737,225 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $19,318,631 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $19,192,877 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $125,754 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $125,754 | TotalRevenueColumnAmt |
| Exclusion | $125,754 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $12,610 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $81,038 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $16,005 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$3,395 | TotalRevenueColumnAmt |
| Exclusion | -$3,395 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $52,570,960 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $49,126,374 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $167,281 | UnrelatedBusinessRevenueAmt |
| Exclusion | $859,584 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $109,265,602 | TotalAmt |
| Program Services | $109,265,602 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,323,018 | TotalAmt |
| Program Services | $21,323,018 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,330,869 | TotalAmt |
| Program Services | $4,330,869 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $581,026 | TotalAmt |
| Management And General | $522,923 | ManagementAndGeneralAmt |
| Fundraising | $58,103 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,429,599 | TotalAmt |
| Program Services | $12,254,843 | ProgramServicesAmt |
| Management And General | $884,283 | ManagementAndGeneralAmt |
| Fundraising | $290,473 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $189,750 | TotalAmt |
| Program Services | $178,957 | ProgramServicesAmt |
| Management And General | $7,188 | ManagementAndGeneralAmt |
| Fundraising | $3,605 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,419,454 | TotalAmt |
| Program Services | $1,297,592 | ProgramServicesAmt |
| Management And General | $91,358 | ManagementAndGeneralAmt |
| Fundraising | $30,504 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $984,707 | TotalAmt |
| Program Services | $865,656 | ProgramServicesAmt |
| Management And General | $94,926 | ManagementAndGeneralAmt |
| Fundraising | $24,125 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,608 | TotalAmt |
| Management And General | $7,608 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $98,616 | TotalAmt |
| Management And General | $98,616 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $92,680 | TotalAmt |
| Fundraising | $92,680 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $159,562 | TotalAmt |
| Management And General | $159,562 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,805,279 | TotalAmt |
| Program Services | $2,646,060 | ProgramServicesAmt |
| Management And General | $1,158,747 | ManagementAndGeneralAmt |
| Fundraising | $472 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $759,606 | TotalAmt |
| Program Services | $515,645 | ProgramServicesAmt |
| Management And General | $225,808 | ManagementAndGeneralAmt |
| Fundraising | $18,153 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $319,083 | TotalAmt |
| Program Services | $280,315 | ProgramServicesAmt |
| Management And General | $37,173 | ManagementAndGeneralAmt |
| Fundraising | $1,595 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $32,316 | TotalAmt |
| Program Services | $21,937 | ProgramServicesAmt |
| Management And General | $9,607 | ManagementAndGeneralAmt |
| Fundraising | $772 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,385,620 | TotalAmt |
| Program Services | $1,226,058 | ProgramServicesAmt |
| Management And General | $159,562 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $155,269 | TotalAmt |
| Program Services | $105,401 | ProgramServicesAmt |
| Management And General | $46,157 | ManagementAndGeneralAmt |
| Fundraising | $3,711 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $106,934 | TotalAmt |
| Program Services | $72,591 | ProgramServicesAmt |
| Management And General | $31,788 | ManagementAndGeneralAmt |
| Fundraising | $2,555 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $457,995 | TotalAmt |
| Program Services | $443,751 | ProgramServicesAmt |
| Management And General | $11,725 | ManagementAndGeneralAmt |
| Fundraising | $2,519 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,622,555 | TotalAmt |
| Program Services | $2,540,994 | ProgramServicesAmt |
| Management And General | $67,137 | ManagementAndGeneralAmt |
| Fundraising | $14,424 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $589,743 | TotalAmt |
| Program Services | $518,089 | ProgramServicesAmt |
| Management And General | $68,705 | ManagementAndGeneralAmt |
| Fundraising | $2,949 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| ATHLETICS | $1,382,448 | $938,450 | $410,961 | $33,037 |
| EQUIP, SUPPLIES, MAINT. | $883,392 | $599,675 | $262,606 | $21,111 |
| OTHER EXPENSE | $736,201 | $498,898 | $219,834 | $17,469 |
| MEMBERSHIP & JOURNALS | $156,343 | $106,131 | $46,476 | $3,736 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $75,205 | TotalAmt |
| Program Services | $62,285 | ProgramServicesAmt |
| Management And General | $9,130 | ManagementAndGeneralAmt |
| Fundraising | $3,790 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $165,350,480 | TotalAmt |
| Program Services | $160,092,817 | ProgramServicesAmt |
| Management And General | $4,631,880 | ManagementAndGeneralAmt |
| Fundraising | $625,783 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,500 | BOYAmt |
| EOY | $0 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,935,500 | BOYAmt |
| EOY | $0 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $843,558 | BOYAmt |
| EOY | $0 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $815,430 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,256,420 | BOYAmt |
| EOY | $0 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $0 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $0 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $44,661,556 | BOYAmt |
| EOY | $0 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,832,183 | BOYAmt |
| EOY | $0 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,453,665 | BOYAmt |
| EOY | $0 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $355,090 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,001,289 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $100,157,191 | BOYAmt |
| EOY | $0 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,164,618 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $344,852 | BOYAmt |
| EOY | $0 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,320,933 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $85,714 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $377,124 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,293,241 | BOYAmt |
| EOY | $0 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,156,634 | BOYAmt |
| EOY | $0 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,707,316 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $84,863,950 | BOYAmt |
| EOY | $0 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $100,157,191 | BOYAmt |
| EOY | $0 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$112,779,520 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $2,904,072 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $25,011,498 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $9,583,078 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $8,975,303 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,462,921 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,831,213 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,417,721 | CurrentTaxYearAmt |
| Total | $31,270,236 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $9,583,078 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $8,975,303 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,462,921 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,831,213 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,417,721 | CurrentTaxYearAmt |
| Total | $31,270,236 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $2,503,959 | SubstantialContributorsTotAmt |
| Public Support Total170 | $28,766,277 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $510,095 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $729,919 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $617,703 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $897,894 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $758,812 | CurrentTaxYearAmt |
| Total | $3,514,423 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $7,832 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $32,542 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,951 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $38,403 | CurrentTaxYearAmt |
| Total | $85,728 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | $812,993 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $237,169 | CurrentTaxYearMinus1YearAmt |
| Total | $1,050,162 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $35,920,549 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $239,806,151 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.80080 | PublicSupportCY170Pct |
| Public Support PY170 | 0.81900 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: | FormAndLineReferenceDesc |
| Explanation | INSURANCE PROCEEDS - 2022 AMOUNT: $ 812,993. 2023 AMOUNT: $ 237,169. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $44,258,176 | BeginningYearBalanceAmt |
| Contributions | $504,070 | ContributionsAmt |
| Investment Earnings Or Losses | $4,768,899 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,050,000 | GrantsOrScholarshipsAmt |
| Other Expenditures | $47,481,145 | OtherExpendituresAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $39,359,153 | BeginningYearBalanceAmt |
| Contributions | $2,258,674 | ContributionsAmt |
| Investment Earnings Or Losses | $4,254,295 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,530,000 | GrantsOrScholarshipsAmt |
| Other Expenditures | $83,946 | OtherExpendituresAmt |
| End Year Balance | $44,258,176 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $34,358,994 | BeginningYearBalanceAmt |
| Contributions | $3,477,186 | ContributionsAmt |
| Investment Earnings Or Losses | $2,742,973 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,130,000 | GrantsOrScholarshipsAmt |
| Other Expenditures | $90,000 | OtherExpendituresAmt |
| End Year Balance | $39,359,153 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $36,315,412 | BeginningYearBalanceAmt |
| Contributions | $1,029,403 | ContributionsAmt |
| Investment Earnings Or Losses | -$1,852,807 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,030,000 | GrantsOrScholarshipsAmt |
| Other Expenditures | $103,041 | OtherExpendituresAmt |
| End Year Balance | $34,358,994 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $27,783,955 | BeginningYearBalanceAmt |
| Contributions | $2,073,210 | ContributionsAmt |
| Investment Earnings Or Losses | $7,592,958 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,010,000 | GrantsOrScholarshipsAmt |
| Other Expenditures | $124,711 | OtherExpendituresAmt |
| End Year Balance | $36,315,412 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.00000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.00000 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.00000 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
| Total Book Value Land Buildings | $0 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | SCHOLARSHIPS, ACADEMIC AND PLANT AND FACILITY SUPPORT. ENDOWMENT FUNDS WERE TRANSFERRED TO ST. AMBROSE UNIVERSITY UPON MERGER. |
| PART X, LINE 2: | THE UNIVERSITY IS RECONGIZED 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, 2025 AND 2024, THERE WERE NO UNCERTAIN TAX POSITIONS. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | MOUNT MERCY UNIVERSITY'S HOMEPAGE DISPLAYS ITS TITLE IX NONDISCRIMINATORY POLICY TO THE PUBLIC. |
| SCHEDULE E, PART I, LINE 6 | MOUNT MERCY UNIVERSITY RECEIVES FEDERAL AND STATE FINANCIAL AID AND GRANTS. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (9 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|
| CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, | 0 | 0 | INVESTMENTS | $8,027,451 |
| CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, | 0 | 0 | SCHOLARSHIPS | $434,628 |
| EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, | 0 | 0 | FINANCIAL AID | $507,067 |
| EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM | 0 | 0 | SCHOLARSHIPS | $2,670,956 |
| NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES | 0 | 0 | SCHOLARSHIPS | $45,000 |
| RUSSIA AND NEIGHBORING STATES - ARMENIA, AZERBIJAN, BELARUS, | 0 | 0 | SCHOLARSHIPS | $96,500 |
| SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, | 0 | 0 | SCHOLARSHIPS | $430,998 |
| SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, | 0 | 0 | SCHOLARSHIPS | $145,720 |
| EUROPE (INCLUDING ICELAND & GREENLAND) | 0 | 0 | INVESTMENTS | $4,488,673 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $12,358,320 | SubtotalSpentAmt |
| Continuation Spent | $4,488,673 | ContinuationSpentAmt |
| Total Spent | $16,846,993 | TotalSpentAmt |
Foreign Individuals Grants ForeignIndividualsGrantsGrp (7 entries)
| Type Of AssistanceTypeOfAssistanceTxt | RegionRegionTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Manner Of Cash DisbursementMannerOfCashDisbursementTxt | Description Of Non Cash AsstDescriptionOfNonCashAsstTxt | Valuation Method UsedValuationMethodUsedDesc |
|---|---|---|---|---|---|---|
| INSTITUTIONAL SCHOLARSHIPS - ACADEMIC DEANS, PRESIDENT, LEGACY, ENGAGEMENT, ATHLETICS, MERCY, ETC. | CENTRAL AMERICA AND THE CARIBBEAN | 16 | $434,628 | STUDENT ACCOUNT PAYMENT PROCESS | N/A | N/A |
| INSTITUTIONAL SCHOLARSHIPS - ACADEMIC DEANS, PRESIDENT, LEGACY, ENGAGEMENT, ATHLETICS, MERCY, ETC. | EAST ASIA AND THE PACIFIC | 17 | $507,067 | STUDENT ACCOUNT PAYMENT PROCESS | N/A | N/A |
| INSTITUTIONAL SCHOLARSHIPS - ACADEMIC DEANS, PRESIDENT, LEGACY, ENGAGEMENT, ATHLETICS, MERCY, ETC. | EUROPE (INCLUDING ICELAND & GREENLAND) | 89 | $2,670,956 | STUDENT ACCOUNT PAYMENT PROCESS | N/A | N/A |
| INSTITUTIONAL SCHOLARSHIPS - ACADEMIC DEANS, PRESIDENT, LEGACY, ENGAGEMENT, ATHLETICS, MERCY, ETC. | MIDDLE EAST AND NORTH AFRICA | 2 | $45,000 | STUDENT ACCOUNT PAYMENT PROCESS | N/A | N/A |
| INSTITUTIONAL SCHOLARSHIPS - ACADEMIC DEANS, PRESIDENT, LEGACY, ENGAGEMENT, ATHLETICS, MERCY, ETC. | NORTH AMERICA | 3 | $96,500 | STUDENT ACCOUNT PAYMENT PROCESS | N/A | N/A |
| INSTITUTIONAL SCHOLARSHIPS - ACADEMIC DEANS, PRESIDENT, LEGACY, ENGAGEMENT, ATHLETICS, MERCY, ETC. | SOUTH AMERICA | 15 | $430,998 | STUDENT ACCOUNT PAYMENT PROCESS | N/A | N/A |
| INSTITUTIONAL SCHOLARSHIPS - ACADEMIC DEANS, PRESIDENT, LEGACY, ENGAGEMENT, ATHLETICS, MERCY, ETC. | SUB-SAHARAN AFRICA | 6 | $145,720 | STUDENT ACCOUNT PAYMENT PROCESS | N/A | N/A |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (1) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 2: | ALL INSTITUTIONAL FINANCIAL AID FOR INTERNATIONAL STUDENTS IS MONITORED IN THE SAME MANNER AS DOMESTIC STUDENTS WITH SET ACADEMIC AND OTHER AWARDS CRITERIA FOR ATTENDING ON CAMPUS. SEE FULL EXPLANATION ON SCHEDULE I, PART IV. |
| PART I, LINE 3: | ACCRUAL METHOD |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| Phone Solicitations | Yes (X) | PhoneSolicitationsInd |
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Solicitation Of Non Govt Grants | Yes (X) | SolicitationOfNonGovtGrantsInd |
| Solicitation Of Govt Grants | Yes (X) | SolicitationOfGovtGrantsInd |
| Special Fundraising Events | Yes (X) | SpecialFundraisingEventsInd |
| Agrmt Prof Fundraising Acty | Yes (1) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EAB GLOBAL INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2445 M STREET NW | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20037 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | DATA ANALYSIS, CAMPAIGN DELIVERY, DEVELOPMENT AND DIGITAL MA | ActivityTxt |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFundsInd |
| Gross Receipts | $399,050 | GrossReceiptsAmt |
| Retained By Contractor | $92,680 | RetainedByContractorAmt |
| Net To Organization | $306,370 | NetToOrganizationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | $399,050 | TotalGrossReceiptsAmt |
| Total Retained By Contractors | $92,680 | TotalRetainedByContractorsAmt |
| Total Net To Organization | $306,370 | TotalNetToOrganizationAmt |
| Licensed States | AK | LicensedStatesCd |
| Licensed States | AL | LicensedStatesCd |
| Licensed States | AR | LicensedStatesCd |
| Licensed States | AZ | LicensedStatesCd |
| Licensed States | CA | LicensedStatesCd |
| Licensed States | CO | LicensedStatesCd |
| Licensed States | CT | LicensedStatesCd |
| Licensed States | DC | LicensedStatesCd |
| Licensed States | DE | LicensedStatesCd |
| Licensed States | FL | LicensedStatesCd |
| Licensed States | GA | LicensedStatesCd |
| Licensed States | HI | LicensedStatesCd |
| Licensed States | IA | LicensedStatesCd |
| Licensed States | ID | LicensedStatesCd |
| Licensed States | IL | LicensedStatesCd |
| Licensed States | IN | LicensedStatesCd |
| Licensed States | KS | LicensedStatesCd |
| Licensed States | KY | LicensedStatesCd |
| Licensed States | LA | LicensedStatesCd |
| Licensed States | MD | LicensedStatesCd |
| Licensed States | ME | LicensedStatesCd |
| Licensed States | MI | LicensedStatesCd |
| Licensed States | MN | LicensedStatesCd |
| Licensed States | MO | LicensedStatesCd |
| Licensed States | MS | LicensedStatesCd |
| Licensed States | MT | LicensedStatesCd |
| Licensed States | NC | LicensedStatesCd |
| Licensed States | ND | LicensedStatesCd |
| Licensed States | NE | LicensedStatesCd |
| Licensed States | NH | LicensedStatesCd |
| Licensed States | NJ | LicensedStatesCd |
| Licensed States | NM | LicensedStatesCd |
| Licensed States | NV | LicensedStatesCd |
| Licensed States | NY | LicensedStatesCd |
| Licensed States | OH | LicensedStatesCd |
| Licensed States | OK | LicensedStatesCd |
| Licensed States | OR | LicensedStatesCd |
| Licensed States | PA | LicensedStatesCd |
| Licensed States | RI | LicensedStatesCd |
| Licensed States | SC | LicensedStatesCd |
| Licensed States | SD | LicensedStatesCd |
| Licensed States | TN | LicensedStatesCd |
| Licensed States | TX | LicensedStatesCd |
| Licensed States | UT | LicensedStatesCd |
| Licensed States | VA | LicensedStatesCd |
| Licensed States | VT | LicensedStatesCd |
| Licensed States | WA | LicensedStatesCd |
| Licensed States | WI | LicensedStatesCd |
| Licensed States | WV | LicensedStatesCd |
| Licensed States | WY | LicensedStatesCd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | GOLF OUTING | Event1Nm |
| Gross Receipts Event1 | $93,648 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $81,038 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $12,610 | GrossRevenueEvent1Amt |
| Non Cash Prizes Event1 | $477 | NonCashPrizesEvent1Amt |
| Rent Facility Costs Event1 | $10,007 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $665 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $4,856 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $93,648 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $81,038 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $12,610 | GrossRevenueTotalEventsAmt |
| Non Cash Prizes Total Events | $477 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $10,007 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $665 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $4,856 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $16,005 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$3,395 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ST AMBROSE UNIVERSITY | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 518 W LOCUST ST | AddressLine1Txt |
| City | DAVENPORT | CityNm |
| State Abbreviation | IA | StateAbbreviationCd |
| ZIP | 52803 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 420703280 | RecipientEIN |
| IRC Section | 501C3 | IRCSectionDesc |
| Cash Grant | $41,311,600 | CashGrantAmt |
| Non Cash Assistance | $67,954,002 | NonCashAssistanceAmt |
| Valuation Method Used | BOOK BALANCE | ValuationMethodUsedDesc |
| Non Cash Assistance | FIXED ASSETS TRANSFERRED | NonCashAssistanceDesc |
| Purpose Of Grant | ASSET TRANSFER DUE TO MERGER | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (3 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Valuation Method UsedValuationMethodUsedDesc | Non Cash AssistanceNonCashAssistanceDesc |
|---|---|---|---|---|
| OTHER-IOWA COLLEGE FOUNDATION & CARVER GRANT | 12 | $29,777 | N/A | N/A |
| SEOG-INSTITUTIONAL PORTION | 208 | $52,297 | N/A | N/A |
| INSTITUTIONAL SCHOLARSHIPS | 875 | $21,240,944 | N/A | N/A |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| 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 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. |
| PART III, COLUMN (B): | AWARD LETTERS ARE ISSUED TO PROSPECTIVE STUDENTS WITH THE ELIGIBLE INSTITUTIONAL AID IN ADDITION TO OTHER KNOWN STATE/FEDERAL/OTHER GRANTS PRIOR TO STUDENTS ATTENDING MOUNT MERCY. THE NUMBER OF RECIPIENTS PROVIDED IS BASED ON ACTUAL AWARDED FINANCIAL AID INCLUDING INSTITUTIONAL SCHOLARSHIPS/DISCOUNTS. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (1) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TODD OLSON | ||||||||||||||
| PRESIDENT | $240,000 | $0 | $0 | $0 | $18,030 | $0 | $9,415 | $0 | $59,173 | $0 | $326,618 | $0 | $0 | $0 |
| TOM CASTLE | ||||||||||||||
| PROVOST | $134,586 | $0 | $0 | $0 | $0 | $0 | $5,571 | $0 | $30,998 | $0 | $171,155 | $0 | $0 | $0 |
| TOM DOERMANN | ||||||||||||||
| VP FOR OPERATIONS | $133,332 | $0 | $0 | $0 | $0 | $0 | $5,179 | $0 | $31,745 | $0 | $170,256 | $0 | $0 | $0 |
| JAY COLEMAN | ||||||||||||||
| VP ENROLLMENT & MARKETING | $135,084 | $0 | $0 | $0 | $0 | $0 | $4,908 | $0 | $28,446 | $0 | $168,438 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | THE PRESIDENT AND VP FOR DEVELOPMENT HAVE COUNTRY CLUB MEMBERSHIPS PAID FOR BY THE UNIVERSITY AS PART OF THEIR REGULAR JOB RESPONSIBILITIES. THE UNIVERSITY'S FACILITIES WERE USED IN CARRYING OUT THESE RESPONSIBILITIES. THIS BENEFIT WAS NOT INCLUDED IN THEIR TAXABLE COMPENSATION. |
| PART I, LINE 4A | BRENDA HAEFNER'S COMPENSATION REPORTED ON FORM 990, PART VII INCLUDED $105,000 FOR SEVERANCE; TERMS AND CONDITIONS WERE AS FOLLOWS: SEPARATION PAYMENT |
Schedule N IRS990ScheduleN
Disposition Of Assets Detail DispositionOfAssetsDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets Distri Or Expnss Paid | ASSETS | AssetsDistriOrExpnssPaidDesc |
| Distribution | 2025-06-03 | DistributionDt |
| Fair Market Value Of Asset | $109,265,602 | FairMarketValueOfAssetAmt |
| Method Of FMV Determination | BOOK VALUE | MethodOfFMVDeterminationTxt |
| EIN | 420703280 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ST AMBROSE UNIVERSITY | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 518 W LOCUST ST | AddressLine1Txt |
| City | DAVENPORT | CityNm |
| State Abbreviation | IA | StateAbbreviationCd |
| ZIP | 52803 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRC Section | 501(C)(3) | IRCSectionTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Director Of Successor2 | Yes (1) | DirectorOfSuccessor2Ind |
| Employee Of Successor2 | Yes (1) | EmployeeOfSuccessor2Ind |
| Owner Of Successor2 | 0 | OwnerOfSuccessor2Ind |
| Receive Compensation2 | 0 | ReceiveCompensation2Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART II, LINE 2E: | PERSON(S) INVOLVED: 2A. MICHELLE BUSSE, SISTER MARGARET WEIGEL, AND DYAN SMITH2B. TODD OLSON, TOM CASTLE, TOM DOERMANN, TODD COLEMAN, BRITTNEY BURMAHL, LONNA DREWELOW, CURTIS SANDERS, JENNIFER RASMUSSEN, RITU SHANDILYA, DOUG MCPHEE, AND LACEY RITTER |
| PART II, LINE 2E: | EXPLANATION OF INVOLVEMENT: 2A. BOARD MEMBERS WHO TRANSITIONED TO BECOME BOARD MEMBERS OF ST. AMBROSE UNIVERSITY AS PART OF THE MERGER. 2B. ALL EMPLOYEES LISTED TRANSITIONED TO EMPLOYEES OF ST. AMBROSE UNIVERSITY AS PART OF THE MERGER. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 3 | MOUNT MERCY UNIVERSITY MERGED WITH ST. AMBROSE UNIVERSITY DURING FY25. AS A RESULT OF THAT MERGER ST. AMBROSE TOOK OVER ALL PROGRAMS FROM MOUNT MERCY UNIVERSITY. |
| FORM 990, PART VI, SECTION A, LINE 1A | ALL MEMBERS OF THE EXECUTIVE COMMITTEE ARE ON THE GOVERNING BOARD. IT SHALL ALSO BE THE RESPONSIBILITY OF THE EXECUTIVE COMMITTEE TO ANNUALLY EVALUATE THE OFFICE OF THE PRESIDENT AND TO ADVISE THE PRESIDENT ACCORDINGLY IN THE PERFORMANCE OF THE PRESIDENT'S RESPONSIBILITIES. AMONG ITS RESPONSIBILITIES ARE RECOMMENDING THE ANNUAL SALARY, BENEFITS, AND RELATED MATTERS TO BE ACCORDED TO THE PRESIDENT AND MEMBERS OF THE PRESIDENT'S CABINET. IT IS ALSO THE RESPONSIBILITY OF THIS COMMITTEE TO ESTABLISH THE PROCESS FOR PRESIDENTIAL SEARCHES. AT LEAST ONCE EVERY FIVE (5) TO TEN (10) YEAR PERIOD OF PRESIDENTIAL INCUMBENCY, IF THE PRESIDENT AND BOARD OF TRUSTEES ARE PREPARED TO RENEW A LONG-TERM COMMITMENT TO EACH OTHER, THE PRESIDENT AND THE BOARD SHALL PARTICIPATE IN A COMPREHENSIVE JOINT REVIEW PROCESS TO BE CONDUCTED AS THE BOARD SHALL THEN DETERMINE. |
| FORM 990, PART VI, SECTION A, LINE 2 | TRUSTEES JIM NIKRANT AND BARBARA KNAPP HAVE A FAMILY RELATIONSHIP. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE ST. AMBROSE UNIVERSITY BOARD OF TRUSTEES 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 | BOARD MEMBERS AND OFFICERS OF THE INSTITUTION ARE REQUIRED TO DISCLOSE ALL RELATIONSHIPS AND BUSINESS AFFILIATIONS THAT REASONABLY COULD GIVE RISE TO A CONFLICT OF INTEREST. THIS IS DOCUMENTED WITH AN ANNUAL CONFLICT OF INTEREST QUESTIONNAIRE. ALL DISCLOSURES REQUIRED UNDER THE CONFLICT OF INTEREST POLICY MUST BE DIRECTED IN WRITING TO THE SECRETARY OF THE BOARD WHO, TOGETHER WITH THE UNIVERSITY COUNSEL, SHALL BE RESPONSIBLE FOR THE ADMINISTRATION OF THIS POLICY. MATTERS UNDER THIS POLICY CONCERNING TRUSTEES SHALL BE REPORTED INITIALLY TO THE CHAIR OF THE BOARD FOR APPROPRIATE ACTION; THOSE CONCERNING STAFF WILL BE REFERRED INITIALLY TO THE PRESIDENT. INFORMATION DISCLOSED TO THE SECRETARY OR PRESIDENT SHALL BE HELD IN CONFIDENCE EXCEPT WHEN THE BEST INTEREST OF THE INSTITUTION WOULD BE SERVED BY DISCLOSING THE INFORMATION TO THE BOARD IN EXECUTIVE SESSION. TRUSTEES OR OFFICERS WHO HAVE DECLARED OR BEEN FOUND TO HAVE CONFLICT OF INTEREST IN ANY MATTER BEFORE THE ADMINISTRATION OR THE BOARD SHALL REFRAIN FROM PARTICIPATING IN CONSIDERATION OF THE PROPOSED TRANSACTION, UNLESS FOR SPECIAL REASONS THE BOARD OR ADMINISTRATION REQUESTS INFORMATION OR INTERPRETATION FROM THE PERSON OR PERSONS INVOLVED. THE PERSON OR PERSONS INVOLVED SHOULD NOT VOTE ON SUCH MATTERS AND SHOULD NOT BE PRESENT AT THE TIME OF VOTE. THE ORGANIZATION DOCUMENTS ITS PROCEEDINGS AND FINDINGS IN ITS MEETING MINUTES. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE PRESIDENT IS ON A WRITTEN EMPLOYMENT CONTRACT. THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS THE SALARY AND BENEFITS OF THE PRESIDENT AND KEY OFFICERS OF THE UNIVERSITY ANNUALLY. THE UNIVERSITY USES COMPARATIVE SALARY DATA FROM CUPA (COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION) AND IAICU (IOWA ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES). MOUNT MERCY PAYS TO RECEIVE THE INFORMATION FROM CUPA AND PAYS AN ANNUAL FEE FOR MEMBERSHIP IN IAICU. SEE SCHEDULE J, PART III. THE COMPENSATION COMMITTEE EITHER APPROVES THE BUDGET OR MAKES RECOMMENDATIONS FOR ADJUSTMENTS BASED UPON THE COMPARATIVE DATA SUPPLIED. ALL COMPENSATION DECISIONS ARE CONTEMPORANEOUSLY DOCUMENTED. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2025. |
| 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 -27,814. GAIN/LOSS FMV REMEASUREMENT 25,039,312. |
| FORM 990, PART XII, LINE 2C | AUDIT AND 990 APPROVAL NOW COMPLETED THROUGH THE ST. AMBROSE UNIVERSITY BOARD OF TRUSTEES DUE TO THE MERGER WITH ST. AMBROSE UNIVERSITY ON JUNE 4, 2025. |