2026-05-15T10:56:53-05:00 2025-06-30 390859910 BAKER TILLY ADVISORY GROUP LP 1570 FRUITVILLE PIKE SUITE 400 LANCASTER PA 17601 990 2024-07-01 231352613 GWYNEDD MERCY UNIVERSITY GWYN 2156467300 1325 SUMNEYTOWN PIKE GWYNEDD VALLEY PA 19437 JENNIFER GINNETTI VP OF FINANCE AND CFO 2156467300 2026-05-12 1 1 KERRI N BOGDA P00760402 7177404863 2026-05-12 2024 2025-03-06 01:10:19Z JENNIFER GINNETTI 1325 SUMNEYTOWN PIKE GWYNEDD VALLEY PA 19437 74957000 0 X WWW.GMERCYU.EDU X 1948 PA GWYNEDD MERCY UNIVERSITY IS A CATHOLIC UNIVERSITY FOUNDED AND SPONSORED BY THE SISTERS OF MERCY. 20 19 962 72 2000 0 4027000 9430000 54487000 55550000 4923000 6564000 452600 666000 63889600 72210000 17832000 18693000 0 0 26411000 25534000 60000 25000 966000 24817600 22572000 69120600 66824000 -5231000 5386000 144993000 149577000 44750000 41414000 100243000 108163000 X THE ORGANIZATION'S MISSION IS AS FOLLOWS: A CATHOLIC UNIVERSITY, ROOTED IN THE TRADITION OF THE SISTERS OF MERCY, OUR LEARNING COMMUNITY PREPARES STUDENTS FOR SUCCESSFUL CAREERS AND MEANINGFUL LIVES IN A GLOBAL SOCIETY.GWYNEDD MERCY UNIVERSITY IS SHAPED BY OUR CATHOLIC IDENTITY AS WELL AS OUR MERCY HERITAGE AND CHARISM, WITH PROGRAMS DESIGNED TO PREPARE STUDENTS TO LEAD PRODUCTIVE LIVES OF DEEP MEANING AND VALUE. 0 0 33343000 74000 53222000 EDUCATION OF STUDENTS - GWYNEDD MERCY UNIVERSITY AWARDS UNDERGRADUATE AND GRADUATE DEGREES IN NURSING AND HEALTH PROFESSIONS, EDUCATION, BUSINESS, AND THE ARTS AND SCIENCES; IN TRADITIONAL AND ACCELERATED FORMATS, BOTH ON GROUND AND ONLINE. GMERCYU PROVIDES STUDENTS WITH A QUALITY, MISSION-CENTERED HIGHER EDUCATION DESIGNED TO PREPARED DISTINCTIVE MERCY GRADUATES.AT GMERCYU, MAKING SURE STUDENTS ARE DEVELOPING THE KNOWLEDGE, SKILLS AND EXPERIENCE THEY NEED TO ACHIEVE THEIR PERSONAL AND PROFESSIONAL GOALS IS AT THE CENTER OF THE GMERCYU EXPERIENCE. EACH DEGREE PROGRAM INCLUDES A SET OF LEARNING OUTCOMES THAT DEFINES WHAT STUDENTS SHOULD KNOW AND BE ABLE TO DO UPON GRADUATION. IN ADDITION TO PROGRAM-LEVEL LEARNING OUTCOMES, GMERCYU HAS ESTABLISHED UNIVERSITY-LEVEL STUDENT AND LEARNING OUTCOMES FOR THE GENERAL EDUCATION CORE, FIRST-YEAR EXPERIENCE PROGRAM, AND HONORS PROGRAM. GMERCYU ALSO OFFERS SEVERAL ALTERNATIVE BREAK AND STUDY ABROAD PROGRAMS THAT PAVE THE WAY FOR PERSONAL AND PROFESSIONAL GROWTH WITHIN AND BEYOND U.S. BORDERS.GMERCYU TAKES PRIDE IN OFFERING STUDENTS CHALLENGING DEGREE PROGRAMS AND COUNTLESS OPPORTUNITIES FOR PROFESSIONAL EXPERIENCE. WITH ROBUST SERVICE AND EXPERIENTIAL LEARNING PROGRAMS AND DEEPLY SUPPORTIVE FACULTY AND STAFF, STUDENTS BENEFIT FROM A CLOSE-KNIT COMMUNITY IN WHICH THEY CAN FOCUS ON BUILDING THEIR FUTURES. 18619000 18619000 0 FINANCIAL AID - TO STUDENTS - GWYNEDD MERCY UNIVERSITY PROVIDES ACCESS TO HIGHER EDUCATION FOR A DIVERSE GROUP OF STUDENTS, INCLUDING THOSE WITH HIGH FINANCIAL NEED. IN FISCAL 2024-2025, 100% OF FULL-TIME, FIRST-TIME TRADITIONAL DEGREE-SEEKING UNDERGRADUATE STUDENTS RECEIVED SOME FORM OF FINANCIAL AID. TO FURTHER PROVIDE STUDENTS ACCESS TO A GREAT EDUCATION AT AN AFFORDABLE COST, GWYNEDD MERCY UNIVERSITY OFFERS MANY SCHOLARSHIPS AND GRANTS. KNOWN AS "GIFT ASSISTANCE," THESE SCHOLARSHIPS AND GRANTS DO NOT NEED TO BE REPAID, AND GENERALLY ARE RENEWABLE FOR AN ADDITIONAL THREE YEARS FOR FIRST-YEAR UNDERGRADUATE STUDENTS AND TWO YEARS FOR TRANSFER UNDERGRADUATE STUDENTS. UNDERGRADUATE TUITION IS SET FOR THE ACADEMIC YEAR BASED ON ACADEMIC PROGRAMS. STUDENTS ALSO ARE CHARGED A COMPREHENSIVE FEE, WHICH CONTRIBUTES TOWARD THE COSTS OF PROVIDING COMPUTER/TECHNOLOGY ACCESS, ACTIVITIES, USE OF FACILITIES, AND OTHER RESOURCES AND SERVICES GENERALLY AVAILABLE TO ALL STUDENTS. GRADUATE AND ACCELERATED PROGRAM TUITION IS BILLED PER CREDIT HOUR AND THE ADMINISTRATIVE COSTS OF A STUDENT'S EDUCATION ARE COVERED THROUGH PROGRAM FEES. FULL-TIME TRADITIONAL UNDERGRADUATE STUDENTS RECEIVE AWARD LETTERS DETAILING ANY AID FOR WHICH THEY ARE ELIGIBLE. GMERCYU'S AID PACKAGES ACCOUNT FOR TUITION, FEES, ROOM, BOARD, BOOKS, SUPPLIES, TRANSPORTATION, AND MISCELLANEOUS EXPENSES. A TYPICAL AID PACKAGE INCLUDES GRANTS OR SCHOLARSHIPS, A LOW-INTEREST STUDENT LOAN, AND CAMPUS EMPLOYMENT (UP TO 15 HOURS PER WEEK). UNDERGRADUATES WILL LIKELY RECEIVE THE SAME AMOUNT ALL FOUR YEARS AS LONG AS THEY SUBMIT THE FAFSA ANNUALLY, CONTINUE TO MEET ALL CONDITIONS OF THE AWARD, AND THEIR NEED REMAINS ESSENTIALLY UNCHANGED. 2440000 0 2328000 HOUSING AND MEAL SERVICES FOR STUDENTS - GWYNEDD MERCY UNIVERSITY PROVIDES LIVING ARRANGEMENTS THAT SUPPORT AND ENHANCE EDUCATIONAL AND SOCIAL EXPERIENCES TO HELP DEVELOP IMPORTANT LIFE SKILLS. GWYNEDD HAS THREE RESIDENCE HALLS; ONE IS DEDICATED TO FIRST-YEAR STUDENTS AND TWO ACCOMMODATE TRANSFER STUDENTS AND SOPHOMORES THROUGH SENIORS. ROOM TYPES RANGE FROM SINGLE AND DOUBLE OCCUPANCY TO SUITE STYLE LIVING. DUE TO REACHING HOUSING CAPACITY THIS PAST YEAR, GMERCYU ALSO OFFERED OFFSITE HOTEL LIVING. HOUSING ASSIGNMENTS ARE MADE BASED ON A VARIETY OF FACTORS INCLUDING CLASS YEAR, GENDER, LIFESTYLE PREFERENCES, ROOMMATE REQUESTS, SPACE AVAILABILITY AND HOUSING DEPOSIT DATE.GWYNEDD MERCY UNIVERSITY OFFERS FLEXIBILITY TO STUDENTS THROUGH ITS DINING OPTIONS. ALL RESIDENTS ARE REQUIRED TO CHOOSE ONE OF THE FOLLOWING DINING PLANS; ALL ACCESS PLUS PLAN, ALL ACCESS PLAN, WEEKLY 15 PLAN, AND 100 BLOCK PLAN FOR RESIDENTIAL STUDENTS. FIRST-YEARS AND SOPHOMORES ARE NOT ELIGIBLE FOR THE 100 BLOCK PLAN. COMMUTERS ARE CHARGED $50 IN DINING DOLLARS PER SEMESTER AND HAVE THE OPTION OF CHOOSING ANY OF THE OTHER MEAL PLAN OPTIONS. 54402000 1 1 0 0 0 0 0 0 1 1 1 0 0 0 1 1 1 0 1 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 3446 0 962 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 20 19 1 0 0 0 0 0 1 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X JENNA UNDERWOOD CONTROLLER 2156467300 1325 SUMNEYTOWN PIKE GWYNEDD VALLEY PA 19437 DEANNE D'EMILIO PRESIDENT AND CEO 40.00 0.00 X X 490637 0 59697 CHARLOTTE O MCKINES CHAIR 4.00 0.00 X X 0 0 0 SALLY W WILLIAMS VICE CHAIR 2.00 0.00 X X 0 0 0 BARBARA BUCKLEY RSM TRUSTEE 2.00 0.00 X 0 0 0 DONNA DOROZINKSY TRUSTEE 2.00 0.00 X 0 0 0 S MARGARET ANNE DOUGHERTY RSM TRUSTEE 2.00 0.00 X 0 0 0 JIE DU PHD TRUSTEE 2.00 0.00 X 0 0 0 ERIN DUFFY TRUSTEE 2.00 0.00 X 0 0 0 ROBERT DUNNE TRUSTEE 2.00 0.00 X 0 0 0 MELISSA FITZPATRICK TRUSTEE 2.00 0.00 X 0 0 0 JOHN CS KEPNER JD TRUSTEE 2.00 0.00 X 0 0 0 MICHAEL LAIGN TRUSTEE 2.00 0.00 X 0 0 0 MARY ANN MCGINLEY-FITZPATRICK TRUSTEE 2.00 0.00 X 0 0 0 CATHERINE MCMAHON RSM TRUSTEE 2.00 0.00 X 0 0 0 CHRISTOPHER PACHECO TRUSTEE 2.00 0.00 X 0 0 0 DENNIS PFLEIGER TRUSTEE 2.00 0.00 X 0 0 0 MARGARET TAYLOR RSM JD TRUSTEE 2.00 0.00 X 0 0 0 LYDIA HERNANDEZ VELEZ TRUSTEE 2.00 0.00 X 0 0 0 REGINA WARD RSM TRUSTEE 2.00 0.00 X 0 0 0 DENISE ALLEN WILLIAMS TRUSTEE 2.00 0.00 X 0 0 0 JENNIFER A GINNETTI SENIOR ASSOCIATE VP & DEPUTY CFO 37.50 0.00 X 147855 0 11016 HEATHER MEIER VP OF FINANCE & ADMIN (UNTIL 01/25) 37.50 0.00 X 174910 0 11229 JEFFREY R BREESE PROVOST, VP, ACAD AFF (UNTIL 12/24) 37.50 0.00 X 203868 0 14800 KATE BRESLIN ASST. TO PRES./BOARD SECRETARY 37.50 0.00 X 85000 0 16262 JAMES TRUSDELL CHIEF OPERATION OFFICER 37.50 0.00 X 188023 0 68290 CHRISTINA RISO VP INSTITUTIONAL ADVANCEMENT 37.50 0.00 X 154643 0 27858 KELLY STATMORE CHIEF MARKETING & INNOVATION OFF. 37.50 0.00 X 152312 0 31930 JANE TANG DEAN-NURSING & HEALTH PROFESSIONS 37.50 0.00 X 181935 0 21825 DIANNA M SOFO ASSISTANT VP OF HR 37.50 0.00 X 145000 0 14500 MICHAEL A STATMORE ASSOCIATE VP/CIO 37.50 0.00 X 141547 0 31953 JOSHUA STERN VP FOR STUDENT & STUDENT SERVICES 37.50 0.00 X 140352 0 9825 LISA MCGARRY DEAN, COLLEGE OF ARTS, SCI & PROF STUDIES 37.50 0.00 X 139231 0 7836 MARY SORTINO DEAN, SCHOOL, GRAD/PROF (UNTIL 6/24) 37.50 0.00 X 102574 0 12978 2447887 0 339999 22 1 1 0 IRWIN LEIGHTON 1014 W 9 AVE KING OF PRUSSIA PA 19406 CONSTRUCTION CONTRACTOR 12804419 SYNERGIS EDUCATION 700 NORTH PEARL ST DALLAS TX 75201 INSTITUTIONAL DEVELOPMENT & PROGRAMING; 5930797 ARAMARK EDUCATIONAL SERVICES LLC 2400 MARKET STREET PHILADELPHIA PA 19103 FOOD SERVICE CONTRACT 1795125 HIGHTEC HVAC INC 1205 INDUSTRIAL BLVD SOUTHAMPTON PA 18966 HVAC CONTRACTOR 691500 ARAMARK SERVICES 2400 MARKET STREET PHILADELPHIA PA 19103 CONSTRUCTION CONTRACTOR 678380 26 11000 6677000 2742000 22000 9430000 TUITION AND FEES 611600 52884000 52884000 AUXILIARY ENTERPRISES 611710 2666000 2666000 55550000 2309000 2309000 316000 316000 176000 107000 69000 69000 2000 67000 6537000 2577000 21000 3960000 -21000 3939000 3939000 71000 11000 42000 29000 29000 DISCONTINUED PROGRAM FUNDS 900099 366000 366000 SHARED SERVICES REVENUE 900099 44000 44000 PARKING FEES 900099 41000 41000 117000 117000 568000 72210000 55550000 2000 7228000 X 74000 74000 18619000 18619000 1287000 1287000 19493000 15028000 3726000 739000 395000 305000 76000 14000 3041000 2206000 737000 98000 1318000 928000 349000 41000 129000 129000 87000 87000 25000 25000 290000 290000 8860000 7232000 1628000 369000 63000 306000 2333616 1373616 960000 155000 95000 60000 591000 591000 545000 531000 9000 5000 6000 6000 1575000 1545000 30000 4201000 3632000 569000 1031000 326000 705000 REPAIRS & MAINTENANCE 796000 789000 7000 BOOKS & PUBLICATIONS 400000 400000 STUDENT ACTIVITIES 321000 194000 127000 BAD DEBT EXPENSES 226000 226000 656384 464384 148000 44000 66824000 54402000 11456000 966000 2000 2000 9624000 9386000 5532000 3378000 2442000 2988000 28000 30000 5000 56000 117770000 56851000 48333000 60919000 77551000 71505000 791000 551000 30000 196000 655000 566000 144993000 149577000 4631000 3037000 3245000 3063000 35908000 34832000 245000 0 721000 482000 44750000 41414000 X 63399000 68063000 36844000 40100000 100243000 108163000 144993000 149577000 X 5386000 2498000 36000 X 0 1 X 1 1 1 X 4028000 21827000 8399000 4027000 9384000 47665000 4028000 21827000 8399000 4027000 9384000 47665000 13827080 33837920 884000 877000 2446000 2530000 2692000 9429000 180000 230000 189000 357000 846000 1802000 58896000 295836000 0.57450 0.55040 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: ATHLETIC EVENTS - 2020 AMOUNT: $ 5,000. FEDERAL LOAN PROGRAM - 2021 AMOUNT: $ 3,000. 2023 AMOUNT: $ 2,000. FEES NON-REFUNDABLE - 2020 AMOUNT: $ 32,000. 2021 AMOUNT: $ 49,000. 2022 AMOUNT: $ 75,000. 2023 AMOUNT: $ 184,000. NON-CHARITABLE EVENT RECEIPTS - 2021 AMOUNT: $ 46,000. 2022 AMOUNT: $ 57,000. 2023 AMOUNT: $ 63,000. 2024 AMOUNT: $ 71,000. OTHER INCOME - 2020 AMOUNT: $ 8,000. 2024 AMOUNT: $ 245,500. PARKING FEES - 2021 AMOUNT: $ 53,000. 2022 AMOUNT: $ 38,000. 2023 AMOUNT: $ 43,000. 2024 AMOUNT: $ 41,000. PRINTING FEES - 2022 AMOUNT: $ 2,000. REBATES - 2023 AMOUNT: $ 9,000. STUDENT CHARGE REVENUE - 2020 AMOUNT: $ 119,000. 2021 AMOUNT: $ 64,000. 2023 AMOUNT: $ 39,000. TRANSCRIPT FEES - 2020 AMOUNT: $ 15,000. 2021 AMOUNT: $ 15,000. 2022 AMOUNT: $ 15,000. 2023 AMOUNT: $ 15,000. 2024 AMOUNT: $ 25,500. US TREASURY RESTITUTION - 2023 AMOUNT: $ 2,000. VENDING COMMISSIONS - 2020 AMOUNT: $ 1,000. 2022 AMOUNT: $ 2,000. FEES - DIPLOMA REPLACEMENT - 2024 AMOUNT: $ 1,000. FEES-NON-SUFFICIENT FUND - 2024 AMOUNT: $ 4,000. SHARED SERVICES REVENUE - 2024 AMOUNT: $ 44,000. LATE FEE - 2024 AMOUNT: $ 30,000. DISCONTINUED PROGRAM FUNDS - 2024 AMOUNT: $ 366,000. REIMBURSEMENTS - 2024 AMOUNT: $ 18,000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 235475 27354370 26848381 741464 0 68537000 1461000 8356000 7481000 70873000 70273000 869000 8738000 11343000 68537000 36432000 30056000 7185000 3400000 70273000 41603000 1675000 -6080000 766000 36432000 32098000 1147000 8267000 -91000 41603000 0.68200 0.31800 0.00000 0 1 1 2824000 2824000 68490000 39716000 28774000 20122000 10161000 9961000 10494000 6305000 4189000 15840000 669000 15171000 60919000 FEDERAL GOVERNMENT INVESTMENT - LOAN PROGRAM 286000 LEASE LIABILITY 196000 482000 X 56109000 2498000 -18748000 -16250000 72359000 -149000 -149000 72210000 48225000 310000 310000 47915000 18909000 18909000 66824000 PART IV, LINE 1B: THE UNIVERSITY ACTS AS A CUSTODIAN FOR FEDERAL AND STATE GRANTS SUCH AS PELL, PHEAA, AND SEOG. PART V, LINE 4: THE ENDOWMENT FUNDS ARE INTENDED TO SUPPORT THE MISSION OF THE ORGANIZATION SPECIFICALLY FOR STUDENT SCHOLARSHIPS AND PROGRAMS. PART X, LINE 2: THE UNIVERSITY FOLLOWS THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) GUIDANCE THAT REQUIRES A TAX POSITION TO BE RECOGNIZED OR DERECOGNIZED BASED ON A "MORE-LIKELY-THAN-NOT" THRESHOLD. THIS APPLIES TO POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE UNIVERSITY DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY UNCERTAIN TAX POSITIONS. THE UNIVERSITY'S POLICY IS TO RECOGNIZE INTEREST RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE AND PENALTIES IN OPERATING EXPENSES. NO INTEREST OR PENALTIES WERE RECOGNIZED IN 2025 OR 2024. PART XI, LINE 2D - OTHER ADJUSTMENTS: STUDENT AID -18,281,000. INVESTMENT FEES -290,000. LOVE WHERE YOU LIVE GRANT -338,000. REVENUE NET WITH EXPENSES ON FINANCIALS 161,000. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -107,000. FUNDRAISING EXPENSES -42,000. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 107,000. FUNDRAISING EXPENSES 42,000. REVENUE NET WITH EXPENSES ON FINANCIALS 161,000. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT AID 18,281,000. INVESTMENT FEES 290,000. LOVE WHERE YOU LIVE GRANT 338,000. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 A STATEMENT OF THE UNIVERSITY'S NONDISCRIMINATION POLICY IS INCLUDED ON THE UNIVERSITY'S WEB SITE AND IN ITS RECRUITING MATERIALS, PUBLISHED ADVERTISEMENTS, APPLICATION FOR ADMISSION, UNIVERSITY CATALOG AND HR-REALTED POSITION POSTINGS. SCHEDULE E, PART I, LINE 6 GWYNEDD MERCY UNIVERSITY RECEIVES FEDERAL FUNDING FROM VARIOUS FEDERAL AND STATE GOVERNMENT AGENCIES UNDER THEIR RESPECTIVE STUDENT FINANCIAL AID ASSISTANCE PROGRAMS. THE UNIVERSITY RECEIVES FUNDING FROM U.S. DEPARTMENT OF EDUCATION UNDER THE FOLLOWING STUDENT FINANCIAL ASSISTANCE PROGRAMS: FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS, FEDERAL WORK STUDY, FEDERAL DIRECT LENDING, FEDERAL PELL GRANTS, AND FEDERAL PERKINS AND NURSING LOAN PROGRAMS. THE UNIVERSITY ALSO RECEIVES FEDERAL FUNDING FROM THE DEPARTMENT OF VETERAN AFFAIRS FOR VETERANS ADMINISTRATION TUITION BENEFITS. X X X X X X X 0 WOJDAK GOVERNMENT RELATIONS 30 NORTH THIRD STREET SUITE 950 HARRISBURG PA 17101 GRANT SOLICITATION 0 0 25000 -25000 25000 -25000 PA GOLF OUTING 82000 11000 71000 22000 15000 0 5000 82000 11000 71000 22000 15000 5000 42000 29000 1 CHESTNUT HILL COLLEGE 8601 GERMANTOWN AVENUE PHILADELPHIA PA 19118 231352626 501(C)(3) 6000 0 SUPPORT FOR WE ARE THE NOW OF THE CHURCH - A THRIVING CONGREGATIONS INITIATIVE PROGRAM HOLY FAMILY UNIVERSITY 9801 FRANKFORD AVENUE PHILADELPHIA PA 19114 231501197 501(C)(3) 6000 0 SUPPORT FOR WE ARE THE NOW OF THE CHURCH - A THRIVING CONGREGATIONS INITIATIVE PROGRAM IMMACULATA UNIVERSITY 1145 WEST KING ROAD IMMACULATA PA 19345 231352648 501(C)(3) 6000 0 SUPPORT FOR WE ARE THE NOW OF THE CHURCH - A THRIVING CONGREGATIONS INITIATIVE PROGRAM LASALLE UNIVERSITY 1900 WEST OLNEY AVENUE PHILADELPHIA PA 19141 231352654 501(C)(3) 6000 0 SUPPORT FOR WE ARE THE NOW OF THE CHURCH - A THRIVING CONGREGATIONS INITIATIVE PROGRAM NEUMANN UNIVERSITY ONE NEUMANN DRIVE ASTON PA 19014 231657958 501(C)(3) 6000 0 SUPPORT FOR WE ARE THE NOW OF THE CHURCH - A THRIVING CONGREGATIONS INITIATIVE PROGRAM ROSEMONT COLLEGE 1400 MONTGOMERY AVENUE BRYN MAWR PA 19010 231365966 501(C)(3) 9000 0 SUPPORT FOR WE ARE THE NOW OF THE CHURCH - A THRIVING CONGREGATIONS INITIATIVE PROGRAM ST JOSEPH'S UNIVERSITY 5600 CITY AVENUE PHILADELPHIA PA 19131 231352674 501(C)(3) 6000 0 SUPPORT FOR WE ARE THE NOW OF THE CHURCH - A THRIVING CONGREGATIONS INITIATIVE PROGRAM VILLANOVA UNIVERSITY 800 LANCASTER AVENUE VILLANOVA PA 19085 231352688 501(C)(3) 9000 0 SUPPORT FOR WE ARE THE NOW OF THE CHURCH - A THRIVING CONGREGATIONS INITIATIVE PROGRAM ST CHARLES BORROMEO SEMINARY 1400 EVANS ROAD AMBLER PA 19002 501(C)(3) 0 17000 APPRAISAL ACRE OF LAND SUPPORT FOR CATHOLIC MISSION 9 0 STUDENT AID 4871 18281000 LOVE WHERE YOU LIVE HOUSING GRANT 423 338000 PART I, LINE 2: THE UNIVERSITY OFFICE OF STUDENT FINANCIAL AID PROVIDES SCHOLARSHIPS AND GRANTS TO STUDENTS IN ACCORDANCE WITH UNIVERSITY POLICIES AND DONOR GUIDELINES AND MAINTAINS COMPREHENSIVE RECORD OF THE SAME. UNIVERSITY AND FACULTY/STAFF GRANTS ARE MONITORED BY THE INSTITUTIONAL ADVANCEMENT AND FINANCE OFFICES. THE LILLY GRANT WAS WRITTEN TO INCLUDE CATHOLIC COLLEGES AND UNIVERSITIES IN THE PHILADELPHIA AREA AND LOCAL PARISHES AS PROGRAM PARTNERS FOR OUR SYNODAL FELLOWS PROGRAM. EACH PARTNER WAS INVITED TO PARTICIPATE AS A SUBAWARD OF OUR GRANT. PARTNERS ARE REQUIRED TO REPORT ON AN ANNUAL BASIS HOW THEY HAVE SPENT THEIR DESIGNATED FUNDS TO SUPPORT SYNODAL FELLOWS AND/OR PROGRAM EXPENSES. X 1 1 X X X 0 0 0 0 0 0 0 1 0 DEANNE D'EMILIO PRESIDENT AND CEO 422528 0 0 0 68109 0 53501 0 6196 0 550334 0 0 0 JAMES TRUSDELL CHIEF OPERATION OFFICER 188023 0 0 0 0 0 61000 0 7290 0 256313 0 0 0 JEFFREY R BREESE PROVOST, VP, ACAD AFF (UNTIL 12/24) 198868 0 5000 0 0 0 13650 0 1150 0 218668 0 0 0 JANE TANG DEAN-NURSING & HEALTH PROFESSIONS 178935 0 3000 0 0 0 21300 0 525 0 203760 0 0 0 HEATHER MEIER VP OF FINANCE & ADMIN (UNTIL 01/25) 174910 0 0 0 0 0 10328 0 901 0 186139 0 0 0 KELLY STATMORE CHIEF MARKETING & INNOVATION OFF. 152312 0 0 0 0 0 30500 0 1430 0 184242 0 0 0 CHRISTINA RISO VP INSTITUTIONAL ADVANCEMENT 154643 0 0 0 0 0 15314 0 12544 0 182501 0 0 0 MICHAEL A STATMORE ASSOCIATE VP/CIO 141547 0 0 0 0 0 30500 0 1453 0 173500 0 0 0 DIANNA M SOFO ASSISTANT VP OF HR 145000 0 0 0 0 0 14500 0 0 0 159500 0 0 0 JENNIFER A GINNETTI SENIOR ASSOCIATE VP & DEPUTY CFO 142855 0 5000 0 0 0 11016 0 0 0 158871 0 0 0 JOSHUA STERN VP FOR STUDENT & STUDENT SERVICES 140352 0 0 0 0 0 9825 0 0 0 150177 0 0 0 MARY SORTINO DEAN, SCHOOL, GRAD/PROF (UNTIL 6/24) 102574 0 0 0 0 0 9882 0 3096 0 115552 0 0 0 PART I, LINE 1A HOUSING ALLOWANCE - DEANNE D'EMILIO, PRESIDENT, RECEIVED A $45,000 HOUSING ALLOWANCE THAT IS INCLUDED IN TAXABLE COMPENSATION. PART I, LINE 7 BONUSES REPORTED ON SCHEDULE J, PART II WERE DISCRETIONARY, AND WERE DETERMINED AND APPROVED BY THE BOARD. A MONTGOMERY COUNTY HIGHER EDUCATION AND HEALTH AUTHORITY 232447147 613603WV7 2017-04-27 12668221 REFINANCE OUTSTANDING DEBT, CAPITAL EXPENDITURES 0 0 0 B MONTGOMERY COUNTY HIGHER EDUCATION AND HEALTH AUTHORITY 232447147 613603H36 2022-05-01 5505000 AICUP FINANCING PROGRAM - GWYNEDD MERCY UNIVERSITY PROJECTS 0 0 0 C MONTGOMERY COUNTY HIGHER EDUCATION AND HEALTH AUTHORITY 232447147 613603J67 2022-05-01 9080000 AICUP FINANCING PROGRAM - GWYNEDD MERCY UNIVERSITY PROJECTS 0 0 0 D MONTGOMERY COUNTY HIGHER EDUCATION AND HEALTH AUTHORITY 232447147 613609M60 2023-11-22 15780381 AICUP FINANCING PROGRAM - GWYNEDD MERCY UNIVERSITY PROJECTS 0 0 0 A 7485000 12651561 681349 172877 11818841 2017 1 0 1 1 B 600000 5703473 89311 5614162 2022 1 0 1 1 C 9194724 1000000 145032 9049691 2022 1 0 1 1 D 15780381 227611 15552770 2023 0 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 C 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 D 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 0 0 1 0 0 0 0 1 C 0 0 0 1 0 0 0 0 1 D 0 0 0 1 0 0 0 0 1 A 1 B 1 C 1 D 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: MONTGOMERY COUNTY HIGHER EDUCATION AND HEALTH AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 05/01/2025 ISSUER NAME: MONTGOMERY COUNTY HIGHER EDUCATION AND HEALTH AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 05/01/2025 ISSUER NAME: MONTGOMERY COUNTY HIGHER EDUCATION AND HEALTH AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 05/01/2025 ISSUER NAME: MONTGOMERY COUNTY HIGHER EDUCATION AND HEALTH AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 05/01/2025 SCHEDULE K, PART II LINE 3 PROCEEDS DO NOT AGREE TO ISSUE PRICES DUE TO PREMIUMS/DISCOUNTS ON ISSUES. SCHEDULE K, PART II LINE 11 OTHER SPENT PROCEEDS REPRESENTS REFINANCING OF PREVIOUSLY EXISTING BONDS. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE SHALL BE COMPRISED OF THE CHAIR OF THE BOARD, THE PRESIDENT OF THE UNIVERSITY, THE VICE CHAIR, ONE OR MORE BOARD COMMITTEE CHAIRS, AND ONE OR MORE MEMBERS AT LARGE (AT THE DISCRETION OF THE CHAIR). THE EXECUTIVE COMMITTEE SHALL INCLUDE AT LEAST TWO OF THE FIVE MEMBERS OF THE BOARD ELECTED PURSUANT TO THE SECOND SENTENCE OF ARTICLE IV, SECTION 1(C) HEREOF; HOWEVER, THE CHAIR OF THE BOARD AND/OR PRESIDENT OF THE UNIVERSITY (IF EITHER IS A SISTER OF MERCY OR AN INDIVIDUAL WHO IS DESIGNATED AS ELIGIBLE TO SERVE AS A MERCY TRUSTEE AS PROVIDED IN SAID SECOND SENTENCE) MAY BE COUNTED TOWARDS SATISFYING THIS REQUIREMENT. MEMBERS OF THE EXECUTIVE COMMITTEE WILL BE APPOINTED ANNUALLY BY THE CHAIR AND TAKE OFFICE WHEN AFFIRMED BY A VOTE OF THE BOARD. ANY VACANCY ON THE EXECUTIVE COMMITTEE SHALL BE FILLED FOR THE UNEXPIRED TERM AT THE NEXT MEETING OF THE BOARD. THE EXECUTIVE COMMITTEE SHALL TAKE ACTION BETWEEN BOARD MEETINGS CONSISTENT WITH EXISTING BOARD POLICY AND IS FURTHER SUBJECT TO BOARD IMPOSED RESTRICTIONS ON ITS AUTHORITY. FORM 990, PART VI, SECTION A, LINE 2 FOUR BOARD MEMBERS ARE MEMBERS OF THE SISTERS OF MERCY. KELLY AND MICHAEL STATMORE HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 7B AS A CONDITION OF THE CORPORATION'S AFFILIATION WITH CMHE AND SPONSORSHIP BY THE INSTITUTE OF THE SISTERS MERCY OF THE AMERICAS, IN NO EVENT SHALL THE BOARD OF TRUSTEES TAKE ANY OF THE FOLLOWING ACTIONS WITHOUT THE PRIOR WRITTEN CONSENT OF THE BOARD OF DIRECTORS OF CMHE OR ITS SUCCESSOR OR DESIGNEE. (I) APPROVE A SALE OR DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF THE ASSETS, A MERGER CONSOLIDATION, REORGANIZATION, DISSOLUTION OR LIQUIDATION OF THE CORPORATION, OR OTHER FUNDAMENTAL TRANSACTION CONTEMPLATED WITHIN THE NONPROFIT CORPORATION LAW OF PENNSYLVANIA, OR THESE BY-LAWS; OR (II) AMEND THIS SECTION OF THE BY-LAWS WITH RESPECT TO THE CORPORATION'S ROMAN CATHOLIC IDENTITY OR THE CONDITIONS PROVIDED HEREIN OR IN THE ARTICLES OF INCORPORATION RELATING TO THE AFFILIATION OF THE CORPORATION WITH THE CMHE OR ITS SPONSORSHIP BY THE INSTITUTE OF THE SISTERS OF MERCY OF THE AMERICAS. FORM 990, PART VI, SECTION B, LINE 11B THE CONTROLLER AND THE VP OF FINANCE PERFORM AN INITIAL REVIEW. THE BOARD'S FINANCE AND AUDIT COMMITTEE THEN REVIEWS THE FORM 990. BOARD MEMBERS HAVE ACCESS TO A SECURED WEBSITE TO REVIEW THE FORM 990 BEFORE THE RETURN IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE OFFICERS, TRUSTEES, AND KEY EMPLOYEES DISCLOSE AND SIGN OFF ON ANY CONFLICTS OF INTEREST ON AN ANNUAL CONFLICT OF INTEREST STATEMENT. THE CONFLICT OF INTEREST POLICY IS MONITORED AND ENFORCED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. PER THE GMERCYU CONFLICT OF INTEREST POLICY, IF A CONFLICT OF INTEREST ARISES, THE MATTER IS PRESENTED TO THE BOARD AND/OR EXECUTIVE COMMITTEE, ALTERNATIVES ARE INVESTIGATED, AND IF NO REASONABLE RESOLUTION IS AVAILABLE, THE EXECUTIVE COMMITTEE WILL HOLD A MAJORITY VOTE TO DECIDE WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE UNIVERSITY'S BEST INTEREST AND FOR ITS OWN BENEFIT AND WHETHER THE TRANSACTION IS FAIR AND REASONABLE TO THE UNIVERSITY AND SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT IN CONFORMITY WITH SUCH DETERMINATION. IF A VIOLATION OF THE CONFLICT OF INTEREST POLICY HAS BEEN DETERMINED, THE EXECUTIVE COMMITTEE WILL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD HAS DESIGNED A PROCESS FOR DETERMINING THE COMPENSATION OF THE CEO. THE PROCESS INCLUDES A REVIEW AND APPROVAL BY INDEPENDENT PERSONS, COMPARABILITY DATA AND DISCUSSION WITH THE EXECUTIVE COMMITTEE. THE BOARD CHAIR ALONG WITH AN AD HOC COMMITTEE OF THE BOARD ENGAGED IN NEGOTIATION FOR THE RENEWAL OF THE PRESIDENT'S CONTRACT IN THE LATTER HALF OF 2024. THE BOARD CHAIR REQUESTED AND RECEIVED A LETTER OF SUBSTANTIATION FROM THE UNIVERSITY'S ATTORNEY IN SUPPORT OF THE PROCESS AND THE TERMS OF THE COMPENSATION. WHEN NEEDED, A THIRD PARTY IS USED TO ANALYZE COMPENSATION TO OTHER OFFICERS AND KEY EMPLOYEES. THE UNIVERSITY IS CURRENTLY IN THE PROCESS OF REVIEWING ALL COMPENSATION AS A STRATEGIC INITIATIVE. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING FEES: PROGRAM SERVICE EXPENSES 40,000. MANAGEMENT AND GENERAL EXPENSES 1,459,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,499,000. CONTRACTED FEES: PROGRAM SERVICE EXPENSES 6,426,000. MANAGEMENT AND GENERAL EXPENSES 155,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,581,000. PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 766,000. MANAGEMENT AND GENERAL EXPENSES 14,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 780,000. FORM 990, PART XI, LINE 9: NONCONTROLLING INTEREST 36,000. CONFERENCE FOR MERCY HIGHER EDUCATION 8403 COLESVILLE RD SILVER SPRINGS MD 20910 431973007 RELIGIOUS SPONSOR OF THE ORGANIZATION MO 501(C)(3) LINE 1 N/A 0 SISTERS OF MERCY OF THE AMERICAS INC 8403 COLESVILLE RD SILVER SPRINGS MD 20910 521653282 RELIGIOUS SPONSOR OF THE ORGANIZATION MO 501(C)(3) LINE 1 N/A 0 SUMNEYTOWN AND EVANS CONDOMINIUM C/O GWYNEDD MERCY UNIVERSITY PO BOX GWYNEDD VALLEY PA 19437 HOUSING AND MAINTENANCE OF FACILITIES PA N/A C 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0