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Organizations Education Mount Mercy University

Mount Mercy University

Fiscal year ending 2022. Filed on February 21, 2023.

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 2022 IRS Form 990 filing, Mount Mercy University, a 501(c)(3) charitable organization, reported compensation for 9 out of 774 total employees. Among the employees shown here, the average compensation is $170,268. The highest compensated employee at Mount Mercy University is Timothy Laurent with fiscal year 2022 compensation of $253,272.

Revenue, expenses, and employee compensation

Revenue

$59,414,847

Expenses

$57,525,174

Employee compensation

$19,083,412
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Timothy Laurent
Provost and Vice President for Academic Affairs
$253,272
$211,774 No related comp$41,498
Anne Gillespie
Vice President for Business and Finance
$196,982
$175,118 No related comp$21,864
Brenda Haefner
Vice President for Devel and Alumni Relations
$193,239
$159,249 No related comp$33,990
Tom Castle
Assistant Vice President
$169,649
$136,126 No related comp$33,523
Laurie Hamen
Former President
$161,268
$143,778 No related comp$17,490
Todd Olson
President
$160,707
$138,590 No related comp$22,117
Nate Klein
Vice President Student Success
$136,523
$102,176 No related comp$34,347
Shea Francis
Avp/Controller
$130,989
$114,728 No related comp$16,261
Kim Bro
DEAN of College of Nursing and Health
$129,780
$112,801 No related comp$16,979

Benchmark Employee Compensation

Non-Employee Board Members

Barbara Barhamand
Board Chair VICE and Trustee
Barbara Knapp
Trustee
Brandt Worley
Immediate PAST Chair and Trustee
Charlie Rohde
Board Chair and Trustee
Dyan Smith
Trustee
James Nikrant
Trustee
Jane Meyer
Trustee
Jeffrey Cannon
Trustee (Until 11/12/2021)
John Rinderknecht
Trustee
Kenneth Brown
Trustee (Until 6/10/2022)
Kristen Trovas
Trustee
Lisa Pitz
Trustee (Until 6/10/2022)

Contractors

Aramark Corporation-Campus Services
Food
$1,645,835
Ruffalo Noel Levitz
Student Recruitment and Donor Eng
$1,313,491
Rinderknecht Associates Inc.
Construction
$1,171,110
Cedar Service Company
Construction Services-Roofing
$728,321
Eab Global
Student Recruitment and Marketing
$682,884

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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