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Organizations Education Mount Mercy University

Mount Mercy University

Fiscal year ending 2023. Filed on May 18, 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 2023 IRS Form 990 filing, Mount Mercy University, a 501(c)(3) charitable organization, reported compensation for 9 out of 801 total employees. Among the employees shown here, the average compensation is $186,412. The highest compensated employee at Mount Mercy University is Todd Olson with fiscal year 2023 compensation of $336,402.

Revenue, expenses, and employee compensation

Revenue

$54,383,606

Expenses

$57,406,187

Employee compensation

$19,169,070
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Todd Olson
President
$336,402
$278,967 No related comp$57,435
Anne Gillespie
Vice President for Business and Finance
$219,631
$170,546 No related comp$49,085
Brenda Haefner
Vice President for DEV and Alumni Relations
$212,705
$151,625 No related comp$61,080
Timothy Laurent
Provost
$201,454
$154,003 No related comp$47,451
Tom Castle
AVP / VICE Provost
$150,997
$111,775 No related comp$39,222
Todd Coleman
Vice President for Enrol. and Student Success
$146,307
$116,206 No related comp$30,101
Kim Bro
DEAN College of Nursing and Health
$144,780
$119,515 No related comp$25,265
Nate Klein
Vice President for Student Success
$135,366
$112,284 No related comp$23,082
Tom Doermann
AVP for HR and Operations
$130,068
$104,323 No related comp$25,745

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
$2,054,502
Eab Global
Student Recruitment and Marketing
$909,433
Rinderknecht Associates Inc.
Construction Management
$834,876
Ruffalo Noel Leitz
Donor Engagement
$781,326
Brecke Mechanical Contractors
Mechanical
$227,736

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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