Gwynedd Mercy University

Organization Overview

Gwynedd Mercy University is located in Gwynedd Valley, PA. The organization was established in 1946. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 06/2021, Gwynedd Mercy University employed 1,233 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Gwynedd Mercy University is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Gwynedd Mercy University generated $74.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $77.5m during the year ending 06/2021. While expenses have increased by 2.4% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

GWYNEDD MERCY UNIVERSITY IS A CATHOLIC UNIVERSITY FOUNDED AND SPONSORED BY THE SISTERS OF MERCY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EDUCATION OF STUDENTS - GWYNEDD AWARDS UNDERGRADUATE AND GRADUATE DEGREES IN NURSING AND ALLIED HEALTH PROFESSIONS, EDUCATION, BUSINESS, AND ARTS AND SCIENCES, IN TRADITIONAL AND ACCELERATED FORMATS, BOTH ON GROUND AND ONLINE, WE PROVIDE STUDENTS WITH A QUALITY HIGHER EDUCATION PRODUCING 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 WHAT WE DO. EACH DEGREE PROGRAM INCLUDES A SET OF LEARNING OUTCOMES THAT DEFINES WHAT STUDENTS SHOULD KNOW AND BE ABLE TO DO UPON GRADUATION. AS PART OF OUR COMMITMENT TO PROVIDING STUDENTS WITH A STRONG FOUNDATION IN THE LIBERAL ARTS, WE HAVE ESTABLISHED UNIVERSITY-LEVEL STUDENT OUTCOMES AND LEARNING OUTCOMES FOR OUR GENERAL EDUCATION CORE, FIRST-YEAR EXPERIENCE PROGRAM, AND HONORS PROGRAM. GMERCYU OFFERS SEVERAL COLLEGE STUDY ABROAD PROGRAMS THAT PAVE THE WAY FOR PERSONAL AND PROFESSIONAL GROWTH BEYOND U.S. BORDERS. GWYNEDD ALSO OFFERS AN HONORS PROGRAM THAT IS DEDICATED TO PROVIDING AN ACADEMICALLY RIGOROUS AND CHALLENGING CURRICULUM, STEEPED IN THE LIBERAL ARTS AND SCIENCES, TO ITS BRIGHTEST AND MOST INDUSTRIOUS STUDENTS. THE PROGRAM IS COMMITTED TO PRESERVING AN ACADEMIC CULTURE THAT INSPIRES A GENUINE PASSION FOR LEARNING THROUGH ENHANCED EDUCATIONAL OPPORTUNITIES, THOUGHT-PROVOKING AND STIMULATING COURSES AND DISCUSSIONS THAT WILL SPARK STUDENTS' IMAGINATIONS, BROADEN THEIR SKILLS, AND ENHANCE THEIR RESUMES.GMERCYU TAKES PRIDE IN OFFERING STUDENTS CHALLENGING DEGREE PROGRAMS AND COUNTLESS OPPORTUNITIES FOR PROFESSIONAL EXPERIENCE. WITH A ROBUST SERVICE PROGRAM AND DEEPLY SUPPORTIVE FACULTY AND STAFF, STUDENTS BENEFIT FROM A CLOSE-KNIT COMMUNITY IN WHICH THEY CAN FOCUS ON BUILDING THEIR FUTURE.


FINANCIAL AID - TO STUDENTS GWYNEDD PROVIDES ACCESS TO HIGHER EDUCATION FOR A DIVERSE GROUP OF STUDENTS, INCLUDING THOSE WITH HIGH FINANCIAL NEED. FOR TRADITIONAL UNDERGRADUATE STUDENTS, APPROXIMATELY 95% OF FULL TIME STUDENTS ATTENDING GWYNEDD MERCY UNIVERSITY RECEIVE INSTITUTIONAL SCHOLARSHIPS AND GRANTS AND 100% OF FIRST-TIME, FULL-TIME STUDENTS RECEIVED SOME FORM OF FINANCIAL AID IN FISCAL 2020-21.GWYNEDD MERCY UNIVERSITY OFFERS SEVERAL SCHOLARSHIPS AND GRANTS TO HELP STUDENTS GET A GREAT EDUCATION AT AN AFFORDABLE COST. KNOWN AS "GIFT ASSISTANCE," THESE SCHOLARSHIPS AND GRANTS DO NOT NEED TO BE REPAID, AND GENERALLY ARE RENEWABLE FOR AN ADDITIONAL FOUR YEARS FOR FIRST-YEAR UNDERGRADUATE STUDENTS AND THREE YEARS FOR TRANSFER UNDERGRADUATE STUDENTS. GWYNEDD MERCY UNIVERSITY IS COMMITTED TO PRODUCING GRADUATES WHO MAKE THE WORLD A BETTER PLACE. WE OFFER COMPREHENSIVE FINANCIAL AID PACKAGES TO SUPPORT THE STUDENTS' PERSONAL AND PROFESSIONAL GOALS. 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. OUR 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.


HOUSING AND MEAL SERVICES FOR STUDENTS - GWYNEDD PROVIDES LIVING ARRANGEMENTS THAT SUPPORT AND ENHANCE EDUCATIONAL AND SOCIAL EXPERIENCES THUS DEVELOPING IMPORTANT LIFE SKILLS. GWYNEDD HAS FOUR RESIDENCE HALLS; TWO ARE DEDICATED TO FIRST-YEAR STUDENTS AND TWO ACCOMMODATE TRANSFER STUDENTS AND SOPHOMORES THROUGH SENIORS. ROOM TYPES RANGE FROM SINGLE AND DOUBLE OCCUPANCY TO LIVING SUITES. 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 OFFERS FLEXIBILITY TO STUDENTS THROUGH ITS DINING OPTIONS. ALL RESIDENTS ARE REQUIRED TO CHOOSE ONE OF THREE MEAL PLANS: 19, 15 OR 10 MEALS A WEEK. A COMMUTER MEAL PLAN WAS ALSO ADDED IN FISCAL 2019 TO BETTER ACCOMMODATE THE NEEDS OF OUR COMMUTER STUDENTS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Synergis Education
Recruit./onboarding
$6,877,923
Assessment Technologies Institute Llc
Educational Services
$849,511
Parkhurst Dining Services
Food Svc. Contract
$1,051,572
Ellucian Company Lp
Information Technology Services
$323,017
Brightview
Landscaping Services
$216,922
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$6,000
Related organizations$0
Government grants $2,887,000
All other contributions, gifts, grants, and similar amounts not included above$1,135,000
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$4,028,000
Total Program Service Revenue$67,359,000
Investment income $756,000
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $110,000
Net Gain/Loss on Asset Sales $2,452,000
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $74,885,000

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Gwynedd Mercy University has recieved totaling $7,500.

Awarding OrganizationAmount
David Downs Highbee T-W 10065-67-0

Pittsburgh, PA

PURPOSE: GENERAL SUPPORT

$5,000
Elliott Family Foundation Inc

Cinnaminson, NJ

PURPOSE: EDUCATION

$2,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$32,098,000
Earnings$8,267,000
Net Contributions$1,147,000
Other Expense-$91,000
Ending Balance$41,603,000

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