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Organizations Education Mount Mercy University

Mount Mercy University

Fiscal year ending 2024. Filed on January 22, 2025.

1330 Elmhurst Drive NE
300
Cedar Rapids, Iowa 52402

Mount Mercy University (EIN: 42-0681046) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Mount Mercy University, a 501(c)(3) charitable organization, reported compensation for 9 out of 768 total employees. Among the employees shown here, the average compensation is $176,686. The highest compensated employee at Mount Mercy University is Todd Olson with fiscal year 2024 compensation of $304,752.

Revenue, expenses, and employee compensation

Revenue

$53,059,982

Expenses

$56,181,364

Employee compensation

$18,542,146
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Todd Olson
President
$304,752
$233,006 No related comp$71,746
Anne Gillespie
Vice President for Business and Finance
$222,933
$170,743 No related comp$52,190
Brenda Haefner
Vice President DEV and Alumni Relations
$215,542
$151,434 No related comp$64,108
Tom Castle
Provost
$170,992
$130,849 No related comp$40,143
Jay Coleman
Vice President Enrollment and Marketing
$156,442
$121,111 No related comp$35,331
Kim Bro
DEAN College of Nursing
$144,107
$118,175 No related comp$25,932
Tom Doermann
Vice President, Operations
$136,468
$107,503 No related comp$28,965
Jennifer Rasmussen
Professor of Education and DEPT Chair
$120,114
$107,672 No related comp$12,442
Brittney Burmahl
Vice President for Business and Finance
$118,824
$88,598 No related comp$30,226

Benchmark Employee Compensation

Non-Employee Board Members

Barbara Barhamand
Trustee
Barbara Knapp
Trustee
Brandt Worley
Immediate PAST Chair and Trustee
Charles Rohde
Board Chair and Trustee
Dr Melanie Giesler-Spellman
Trustee
Dr Richard Kettelkamp
Trustee
Dr Ruth White
Trustee
Dr Vincent Reid
Trustee
Dyan Smith
Trustee
James Nikrant
Trustee
Jason Miller
Trustee
John Rinderknecht
Trustee

Contractors

Aramark Corporation Campus Services
Food
$2,143,014
Eab Global
Student Recruitment and Marketing
$996,770
Rinderknecht Associates Inc.
Construction Management
$562,916
Brecke Mechanical Contractors
Mechanical
$323,071
Windstar Lines
Bus Travel
$232,055

Mission Statement

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.

Revisions to this organization profile

May 18, 2025:
Amended (originally filed December 18, 2023)2023 Mount Mercy University 990 filed
January 22, 2025:
2024 Mount Mercy University 990 filed
February 21, 2023:
2022 Mount Mercy University 990 filed

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