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Filing year 2023

MOUNT MERCY UNIVERSITY

Cedar Rapids, Iowa·EIN 42-0681046·NTEE B420 · Education·501(c)(3)
Total revenue
$53.1M
Total assets
$100.2M
Total expenses
$56.2M
Reported officers
36
Mission

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.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 9 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations nationwide.

President
Median to 75th percentilevs Education peers in Iowa
$305k
$337k
Base
$233k
Bonus
Other
Benefits
$57k
VP for Business & Finance
Vice President
Median to 75th percentile
$223k
$246k
Base
$171k
Bonus
Other
Benefits
$42k
VP Dev & Alumni Relations
Board Vice President
Median to 75th percentile
$216k
$238k
Base
$151k
Bonus
Other
Benefits
$54k
Provost
Officer (Unspecified)
$171k
$189k
Base
$131k
Bonus
Other
Benefits
$32k
VP Enrollment & Marketing
Board Vice President
25th percentile to median
$156k
$173k
Base
$121k
Bonus
Other
Benefits
$29k
Dean College of Nursing
Highest Compensated Employee
25th percentile to median
$144k
$159k
VP for Operations
Board Vice President
25th percentile to median
$136k
$151k
Professor of Education & Dept Chair
Board Chair
Median to 75th percentile
$120k
$133k
VP for Business & Finance
Vice President
25th percentile to median
$119k
$131k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 27 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at MOUNT MERCY UNIVERSITY equaled 0.5% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
0.5%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Down 9%
from 2022

From $336k in 2022 to $305k in 2023.

$336k
2022
$305k
2023
In today's dollarsEst.
Down 13% in real terms$386k to $337k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay fell 9% from 2022 to 2023, while revenue fell 2%.

$336k in 2022 to $305k in 2023.
  • Vice President pay rose 2% from 2022 to 2023.
  • Board Vice President pay rose 1% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about MOUNT MERCY UNIVERSITY

What does the Chief Executive Officer of MOUNT MERCY UNIVERSITY earn?

In 2023, the Chief Executive Officer of MOUNT MERCY UNIVERSITY received $304,752 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Education organizations in Iowa, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at MOUNT MERCY UNIVERSITY compare with similar nonprofits?

Compared with the same role at Education organizations in Iowa, the 2023 pay of the Chief Executive Officer at MOUNT MERCY UNIVERSITY falls between the median and the 75th percentile. In 2023, the highest total compensation at MOUNT MERCY UNIVERSITY equaled 0.5% of the organization's total expenses. The median for education organizations is 7%.

What are MOUNT MERCY UNIVERSITY's revenue and expenses?

In 2023, MOUNT MERCY UNIVERSITY reported $53.1M in total revenue and $56.2M in total expenses on its IRS Form 990.

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