Overview
What is Mercyhurst University?
Mercyhurst University, founded by the Sisters of Mercy in 1926, is a fully accredited, Catholic comprehensive institution located in Erie, Pennsylvania. With a student body of over 3000 at the main campus and satellites, the university had 2418 full-time and 241 part-time undergraduate students, along with 274 full-time and 126 part-time graduate students during the 2021-22 academic year. The faculty consisted of 151 full-time and 95 part-time members. Throughout the academic year, 943 degrees were conferred in various categories, including Baccalaureate, Associate, Masters, UG certificates, and Grad certificates. Mercyhurst offered 13 graduate programs, 65 undergraduate majors with 70 minors, and 9 associate degree programs. The mission of the university is to educate students in a culture that fosters faith and reason while encouraging the appreciation of the dignity of work and the commitment to serving others, ultimately inspiring them to lead and make a positive impact on the world. The university employed a total of 1687 individuals.
Official website here: www.mercyhurst.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%
Mercyhurst University has received an impressive Four-Star out of Four Star rating from Charity Navigator, indicating a strong commitment to accountability and financial health. The overall score is derived entirely from its high performance in the Accountability & Finance beacon, showcasing effective management of resources and transparency in financial reporting.
The organization boasts a majority independent board, with 96% of its board members being independent, which is a notable strength that contributes to enhanced governance. Furthermore, Mercyhurst has demonstrated robust financial oversight, evidenced by a solid audit and oversight committee and a favorable liabilities to assets ratio of 40.52%. Its program expense ratio is commendable at 93.61%, reflecting a strong dedication to utilizing funds effectively for its primary mission.
While the data highlights numerous strengths, no significant limitations were noted in the feedback. The presence of comprehensive policies, such as conflict of interest and whistleblower policies, further reinforces its commitment to ethical operations and governance standards. Overall, Mercyhurst University stands out as a well-managed organization with a focus on accountability and transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Mercyhurst University legitimate?
Mercyhurst University is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mercyhurst University submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,115,186
Professional Fundraising Fees: $0
Other Salaries and Wages: $26,834,720
For more financial information, click here
Official website here: www.mercyhurst.edu
What is the mission statement of Mercyhurst University?
Mercyhurst University is a Catholic comprehensive institution founded by the Sisters of Mercy in 1926. With a strong emphasis on its faith-based heritage, the university educates students in an environment where reason and faith thrive together. The liberal arts are valued, and students are encouraged to appreciate the dignity of work and commit to serving others. Through its student-faculty bonds, Mercyhurst University inspires its community to make choices that realize human and spiritual values and enable them to exercise leadership towards a just world. The institution offers undergraduate and graduate programs across various disciplines, ensuring students have the opportunity to pursue their academic interests and prepare for their future careers.
Official website here: www.mercyhurst.edu
Who is the CEO of Mercyhurst University?
Kathleen A Getz is the Principal Officer of Mercyhurst University.
Official website here: www.mercyhurst.edu
What is the revenue of Mercyhurst University?
Mercyhurst University's revenue in 2022 was $162,924,977.
Official website here: www.mercyhurst.edu
Who are the executives of Mercyhurst University and what are their salaries?
The average compensation at Mercyhurst University during 2022 was $16,568. There are 1687 employees and 250 volunteers at Mercyhurst University.
Here are 45 key members and their salaries:
- Compensation: $277,905
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- Other: $23,397
- Compensation: $172,615
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- Other: $72,305
- Compensation: $227,791
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- Other: $9,099
- Compensation: $197,212
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- Other: $16,446
- Compensation: $181,822
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- Compensation: $130,723
- Related: $0
- Other: $45,708
- Compensation: $156,928
- Related: $0
- Other: $17,943
- Compensation: $145,020
- Related: $0
- Other: $25,892
- Compensation: $136,749
- Related: $0
- Other: $29,203
- Compensation: $165,531
- Related: $0
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- Compensation: $123,102
- Related: $0
- Other: $29,529
- Compensation: $121,623
- Related: $0
- Other: $30,017
- Compensation: $126,207
- Related: $0
- Other: $16,476
- Compensation: $114,035
- Related: $0
- Other: $27,175
- Compensation: $118,997
- Related: $0
- Other: $16,817
- Compensation: $101,393
- Related: $0
- Other: $5,467
- Compensation: $59,981
- Related: $0
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Official website here: www.mercyhurst.edu
Where can I find the form 990 for Mercyhurst University?
Mercyhurst University's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mercyhurst.edu
Learn more at the official website: www.mercyhurst.edu
Mission Statement of Mercyhurst University
Mercyhurst University, a Catholic comprehensive institution established in 1926 by the Sisters of Mercy, is committed to educating men and women in an environment where faith and reason thrive. The university's mission is grounded in its Catholic identity and Mercy heritage.
In this dedicated learning community, students are inspired to realize the human and spiritual values embedded in everyday realities. Mercyhurst University values the beauty and power of the liberal arts, fostering an appreciation for the dignity of work and a commitment to serving others. The university's student-faculty bonds are strong, inspiring students to make choices in life and work that contribute to a just world.
Mercyhurst University offers a diverse range of undergraduate and graduate programs, with sixty-six (66) majors and sixty-four (64) minors, along with unique adult programs and twelve (12) graduate degrees. The institution's dedication to serving others is reflected in its academic offerings and its commitment to empowering students to make a positive impact on the world.
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Impact
October, 2024
Mercyhurst University significantly impacts the educational landscape and the community it serves. Founded in 1926 by the Sisters of Mercy, the university fosters a learning environment that emphasizes the integration of faith and reason while prioritizing the dignity of work and service to others.
With an enrollment of over 3,000 students during the 2021-22 academic year, Mercyhurst offers a wide array of academic programs, including 66 undergraduate majors, 12 graduate programs, and several unique adult education opportunities. This diverse curriculum prepares students for various sectors, equipping them with practical skills and knowledge.
In a single academic year, Mercyhurst conferred 943 degrees, showcasing its commitment to academic excellence and student success. The university's faculty, comprised of both full-time and part-time educators, fosters close student-faculty relationships, enhancing the learning experience and mentoring students as they pursue their academic and career goals.
Beyond academics, Mercyhurst emphasizes the importance of leadership and social responsibility, encouraging students to engage with their communities and work toward a more just society. This mission transcends the classroom, as graduates contribute to the workforce and society, embodying the values of their education.
Overall, Mercyhurst University plays a crucial role in shaping informed, compassionate leaders who are prepared to address the complexities of the modern world, thus leaving a lasting impact on individuals and the broader community.
This information is meant to be a general summary of Mercyhurst University. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,321,139
- Program Service Revenue: $137,827,089
- Gross Receipts: $168,713,066
Assets and Liabilities:
- Total Assets: $174,010,156
- Total Liabilities: $66,822,266
- Net Assets: $107,187,890
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition& Fees
Revenue
$105,788,839
Auxilliary Services
Revenue
$23,899,097
Government Grants & Contracts
Revenue
$5,834,053
Other Educational Related
Revenue
$1,526,990
Athletics
Revenue
$351,114
Organization Details
Founding Year
1926
Phone
(814) 824-2000Principal Officer
Kathleen A Getz
Main Address
501 East 38th Street, Erie, PA, 165460002
Website
www.mercyhurst.eduNTEE Category
Code: B420 - Education
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