Misericordia University is located in Dallas, PA. The organization was established in 1946. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2022, Misericordia University employed 1,183 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Misericordia 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 06/2020, Misericordia University generated $89.8m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $88.2m during the year ending 06/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE HIGHER EDUCATION SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MISERICORDIA UNIVERSITY IS A CATHOLIC LIBERAL ARTS INSTITUTION ESTABLISHED IN THE TRADITION OF THE SISTERS OF MERCY IN 1924. THE UNIVERSITY FOSTERS INTELLECTUAL CURIOSITY, CRITICAL THINKING, AND RESPECT FOR PERSONS IN AN ENVIRONMENT WHERE ALL ARE WELCOME. THE UNIVERSITY OFFERS UNDERGRADUATE AND GRADUATE PROGRAMS TO RESIDENT AND COMMUTER STUDENTS WHO CAN CHOOSE FROM MAJORS IN THREE DISTINCT ACADEMIC COLLEGES. THE COLLEGE OF ARTS AND SCIENCES OFFERS MAJOR DEGREE PROGRAMS IN BIOCHEMISTRY, BIOLOGY, CHEMISTRY, CLINICAL LABORATORY SCIENCE, COMPUTER SCIENCE, ENGLISH, ENVIRONMENTAL STUDIES, GOVERNMENT, LAW AND NATIONAL SECURITY, HISTORY, INFORMATION TECHNOLOGY, MATHEMATICS, MEDICAL AND HEALTH HUMANITIES, PHILOSOPHY, PSYCHOLOGY, AND STATISTICS AS WELL AS A NUMBER OF MINOR DEGREE PROGRAMS. DUAL CREDENTIALS ARE AVAILABLE IN HISTORY/MBA, HISTORY/ORGANIZATIONAL MANAGEMENT, PHILOSOPHY/ORGANIZATIONAL MANAGEMENT AND PSYCHOLOGY/ORGANIZATIONAL MANAGEMENT. SPECIALIZATIONS IN PRE-LAW (ENGLISH, HISTORY, MEDICAL AND HEALTH HUMANITIES, PHILOSOPHY), PRE-PROFESSIONAL (BIOCHEMISTRY, CHEMISTRY), PRE-DPT (BIOCHEMISTRY, BIOLOGY, MEDICAL AND HEALTH HUMANITIES), SECONDARY EDUCATION CERTIFICATION (BIOLOGY, CHEMISTRY, ENGLISH, MATHEMATICS), AND CITIZENSHIP CERTIFICATION IN HISTORY. THE COLLEGE OF HEALTH SCIENCES & EDUCATION OFFERS MAJOR DEGREE PROGRAMS IN DIAGNOSTIC MEDICAL SONOGRAPHY, EARLY CHILDHOOD & SPECIAL EDUCATION, HEALTH SCIENCE, MEDICAL IMAGING, MIDDLE LEVEL EDUCATION, NURSING BSN, RN-BSN, OCCUPATIONAL SCIENCE, SECONDARY EDUCATION AND SOCIAL WORK, AS WELL AS MINOR DEGREE PROGRAMS IN ADDICTIONS COUNSELING, GERONTOLOGY AND PATIENT NAVIGATION. CERTIFICATION PROGRAMS ARE AVAILABLE IN ADDICTIONS COUNSELING, AUTISM SPECTRUM DISORDERS, DIAGNOSTIC MEDICAL SONOGRAPHY, GERIATRIC CARE MANAGER, FAMILY NURSE PRACTITIONER, PATIENT NAVIGATION AND READING SPECIALIST.THE COLLEGE OF HEALTH SCIENCES & EDUCATION OFFERS DUAL CREDENTIALS IN HEALTH SCIENCE/SPEECH PATHOLOGY, MEDICAL IMAGING/DIAGNOSTIC MEDICAL SONOGRAPHY, AND NURSING DNP/BSN TO DNP, AS WELL AS ENTRY LEVEL PROFESSIONAL MASTER OF SCIENCE DEGREES IN ADULT-GERONTOLOGIC PRIMARY CARE NURSE PRACTITIONER, EDUCATION, FAMILY NURSE PRACTITIONER, NURSING, OCCUPATIONAL THERAPY, PHYSICAL THERAPY, PHYSICIAN ASSISTANT STUDIES, AND SPEECH-LANGUAGE PATHOLOGY; A POST-PROFESSIONAL MASTER OF SCIENCE DEGREE IN OCCUPATIONAL THERAPY; AND POST PROFESSIONAL DOCTORIAL DEGREES IN PHYSICAL THERAPY, OCCUPATIONAL THERAPY, NURSING, AND NURSING EDUCATION.THE COLLEGE OF BUSINESS OFFERS MAJOR DEGREE PROGRAMS IN ACCOUNTING, BUSINESS ADMINISTRATION, HEALTH CARE MANAGEMENT, MASS COMMUNICATION AND DESIGN, PROFESSIONAL STUDIES, AND SPORTS MANAGEMENT ALONG WITH A NUMBER OF MINOR DEGREE PROGRAMS. SPECIALIZATION IN PRE-DPT INCLUDES HEALTH CARE MANAGEMENT. GRADUATE PROGRAMS INCLUDE MASTERS OF BUSINESS ADMINISTRATION.MISERICORDIA UNIVERSITY IS REGIONALLY ACCREDITED BY THE MIDDLE STATES COMMISSION ON HIGHER EDUCATION. THE UNIVERSITY IS ALSO OFFICIALLY RECOGNIZED BY THE FOLLOWING ACCREDITING AGENCIES: ACCREDITATION COUNCIL FOR OCCUPATIONAL THERAPY EDUCATION, COMMISSION ON ACCREDITATION IN PHYSICAL THERAPY EDUCATION, AMERICAN PHYSICAL THERAPY ASSOCIATION, COMMISSION ON ACCREDITATION OF ALLIED HEALTH EDUCATION PROGRAMS, COMMISSION ON ACCREDITATION OF ALLIED HEALTH EDUCATION PROGRAMS (CAAHEP), COMMISSION ON COLLEGIATE NURSING EDUCATION, COUNCIL ON ACADEMIC ACCREDITATION IN AUDIOLOGY AND SPEECH-LANGUAGE PATHOLOGY OF THE AMERICAN SPEECH-LANGUAGE-HEARING ASSOCIATION, COUNCIL ON SOCIAL WORK EDUCATION, INTERNATIONAL ACCREDITATION COUNCIL FOR BUSINESS EDUCATION, PENNSYLVANIA DEPARTMENT OF EDUCATION, AND THE JOINT REVIEW COMMITTEE ON EDUCATION IN RADIOLOGIC TECHNOLOGY. MISERICORDIA UNIVERSITY HAS LEGAL PERMISSION FROM THE PENNSYLVANIA STATE BOARD OF NURSE EXAMINERS TO OPERATE A SCHOOL OF NURSING IN THE COMMONWEALTH OF PENNSYLVANIA. VARIOUS OTHER STATE EDUCATION DEPARTMENTS ALSO RECOGNIZE THE UNIVERSITY'S ACADEMIC PROGRAMS.THE MASTER'S DEGREE IN EDUCATION OFFERED BY MISERICORDIA UNIVERSITY IS FULLY APPROVED BY THE PENNSYLVANIA DEPARTMENT OF EDUCATION. THE MASTER'S DEGREE IN NURSING IS FULLY ACCREDITED BY THE COMMISSION ON COLLEGIATE NURSING EDUCATION OF THE AMERICAN ASSOCIATION OF COLLEGES OF NURSING. THE PROFESSIONAL MASTER'S DEGREE PROGRAM IN OCCUPATIONAL THERAPY IS FULLY ACCREDITED BY THE ACCREDITATION COUNCIL FOR OCCUPATIONAL THERAPY EDUCATION. THE ENTRY LEVEL PROGRAM IN PHYSICAL THERAPY IS FULLY ACCREDITED BY THE COMMISSION ON ACCREDITATION OF PHYSICAL THERAPY EDUCATION, AMERICAN PHYSICAL THERAPY ASSOCIATION. THE OCCUPATIONAL THERAPY DOCTORAL PROGRAM (OTD) ARE FULLY APPROVED BY THE PENNSYLVANIA DEPARTMENT OF EDUCATION. THE MASTER'S DEGREE IN BUSINESS ADMINISTRATION AND THE MASTER'S DEGREE IN ORGANIZATIONAL MANAGEMENT HAVE ACCREDITATION BY THE INTERNATIONAL ASSEMBLY FOR COLLEGIATE BUSINESS EDUCATION. THE PROFESSIONAL MASTER'S DEGREE PROGRAM IN SPEECH-LANGUAGE PATHOLOGY AT MISERICORDIA UNIVERSITY IS ACCREDITED BY THE COUNCIL ON ACADEMIC ACCREDITATION IN AUDIOLOGY AND SPEECH-LANGUAGE PATHOLOGY, AMERICAN SPEECH-LANGUAGE-HEARING ASSOCIATION.THE ACCREDITATION REVIEW COMMISSION ON EDUCATION FOR THE PHYSICIAN ASSISTANT (ARC-PA) IS THE ACCREDITING AGENCY THAT PROTECTS THE INTERESTS OF THE PUBLIC AND PA PROFESSION BY DEFINING THE STANDARDS FOR PA EDUCATION AND EVALUATING PA EDUCATIONAL PROGRAMS WITHIN THE TERRITORIAL UNITED STATES TO ENSURE THEIR COMPLIANCE WITH THOSE STANDARDS. THE FOLLOWING STATEMENT IS PROVIDED BY ARC-PA: "THE ARC-PA HAS GRANTED ACCREDITATION - PROVISIONAL STATUS TO THE MISERICORDIA UNIVERSITY PHYSICIAN ASSISTANT PROGRAM SPONSORED BY MISERICORDIA UNIVERSITY. ACCREDITATION-PROVISIONAL IS AN ACCREDITATION STATUS GRANTED WHEN THE PLANS AND RESOURCE ALLOCATION, IF FULLY IMPLEMENTED AS PLANNED, OF A PROPOSED PROGRAM THAT HAS NOT YET ENROLLED STUDENTS APPEAR TO DEMONSTRATE THE PROGRAM'S ABILITY TO MEET THE ARC-PA STANDARDS OR WHEN A PROGRAM HOLDING ACCREDITATION-PROVISIONAL STATUS APPEARS TO DEMONSTRATE CONTINUED PROGRESS IN COMPLYING WITH THE STANDARDS AS IT PREPARES FOR THE GRADUATION OF THE FIRST CLASS (COHORT) OF STUDENTS. ACCREDITATION-PROVISIONAL DOES NOT ENSURE ANY SUBSEQUENT ACCREDITATION STATUS. IT IS LIMITED TO NO MORE THAN FIVE YEARS FROM MATRICULATION OF THE FIRST CLASS."THE TOTAL HEADCOUNT FOR FALL 2021 INCLUDED 2,240 STUDENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
David Rehm Vice President | Officer | 50 | $195,393 |
Kathleen Owens PHD President (resigned Eff. 6/30/2021) | Officer | 60 | $184,109 |
Susan Helwig VP - Univ Advancement (ret. 3/9/22) | 50 | $182,171 | |
Daniel J Myers PHD President (effective 7/1/21) | OfficerTrustee | 60 | $180,039 |
Mark Van Etten Treasurer | Officer | 50 | $170,185 |
Barbara Schwartz-Bechet Dean Coll., Health Sci. & Educ. | 40 | $165,670 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Metz Culinary Management Food Service | 6/29/22 | $2,581,561 |
A Pickett Construction Inc Construction Service | 6/29/22 | $511,728 |
Panzitta Enterprises Construction Service | 6/29/22 | $506,111 |
Assessment Technologies Institute Llc Nursing Test Prep. | 6/29/22 | $289,582 |
Hemmler Camayd Architects Architects | 6/29/22 | $319,713 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $4,115,442 |
Investment income | $2,714,214 |
Tax Exempt Bond Proceeds | $237,345 |
Royalties | $0 |
Net Rental Income | $15,533 |
Net Gain/Loss on Asset Sales | -$1,792,107 |
Net Income from Fundraising Events | -$1,116 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $89,800,861 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic individuals. | $29,327,589 |
Grants and other assistance to Foreign Orgs/Individuals | $74,900 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $1,099,618 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $27,881,976 |
Pension plan accruals and contributions | $4,269,083 |
Other employee benefits | $1,368,055 |
Payroll taxes | $3,695,581 |
Fees for services: Management | $0 |
Fees for services: Legal | $132,294 |
Fees for services: Accounting | $83,850 |
Fees for services: Lobbying | $60,000 |
Fees for services: Fundraising | $17,231 |
Fees for services: Investment Management | $188,188 |
Fees for services: Other | $2,248,419 |
Advertising and promotion | $525,574 |
Office expenses | $1,654,128 |
Information technology | $1,745,163 |
Royalties | $0 |
Occupancy | $2,026,029 |
Travel | $732,917 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $263,447 |
Interest | $2,371,873 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $4,929,452 |
Insurance | $490,312 |
All other expenses | $0 |
Total functional expenses | $88,181,639 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $307,291 |
Savings and temporary cash investments | $24,731,158 |
Pledges and grants receivable | $5,870,107 |
Accounts receivable, net | $1,958,109 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $241,248 |
Prepaid expenses and deferred charges | $195,090 |
Investments—publicly traded securities | $55,560,323 |
Investments—other securities | $0 |
Investments—program-related | $2,128,032 |
Intangible assets | $0 |
Other assets | $5,699,351 |
Total assets | $208,480,483 |
Accounts payable and accrued expenses | $8,188,119 |
Grants payable | $0 |
Deferred revenue | $3,628,442 |
Tax-exempt bond liabilities | $51,024,540 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $3,399,176 |
Total liabilities | $66,240,277 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total liabilities and net assets/fund balances | $142,240,206 |
Over the last fiscal year, we have identified 2 grants that Misericordia University has recieved totaling $4,926.
Awarding Organization | Amount |
---|---|
M Verna Butterer Educational Trust Fountainville, PA PURPOSE: SCHOLARSHIP PORTIONOF AWARD FOR EDUCATION | $4,426 |
Hawk Family Foundation Dunmore, PA PURPOSE: ANNUAL CONTRIBUTION | $500 |
Beg. Balance | $69,580,395 |
Earnings | -$7,665,604 |
Admin Expense | $222,131 |
Net Contributions | $1,385,824 |
Grants | $791,449 |
Ending Balance | $62,287,035 |
Organization Name | Assets | Revenue |
---|---|---|
Fordham University Bronx, NY | $2,430,141,698 | $953,892,663 |
Rochester Institute Of Technology Rochester, NY | $2,526,196,996 | $1,071,324,345 |
St Johns University New York Jamaica, NY | $1,703,677,283 | $798,473,536 |
University Of Dayton Dayton, OH | $1,782,604,426 | $747,930,230 |
Villanova University Villanova, PA | $2,287,455,797 | $872,271,471 |
Rensselaer Polytechnic Institute Troy, NY | $1,598,843,813 | $653,047,178 |
Rockefeller University New York, NY | $4,263,008,941 | $535,346,959 |
Lehigh University Bethlehem, PA | $3,057,301,515 | $713,288,867 |
The New School New York, NY | $1,263,076,833 | $558,997,855 |
Hofstra University Hempstead, NY | $1,538,245,078 | $606,887,297 |
American University Of Beirut New York, NY | $1,902,791,001 | $608,300,843 |
Seton Hall University South Orange, NJ | $890,349,000 | $473,034,000 |