Mercyhurst University FY2022 filing

Tax-deductible

Erie, PA501(c)(3)Since 1926Colleges & UniversitiesEIN 25-0965430Revenue $162.9M in FY2022

On file with the IRSmercyhurst.edu501 E 38th St, 16546-0002 · Erie, PATax-exempt since Jan 1960School — 170(b)(1)(A)(ii)

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Mercyhurst University is a fully accredited, four-year, Catholic comprehensive institution founded by the Sisters of Mercy in 1926. The Erie (Pa.) campus offers sixty-six (66) undergraduate majors with sixty (60) minors and sixty-three (63) concentrations, as well as unique adult programs and twelve (12) graduate programs. In addition, the institution maintains one- and two-year programs at Mercyhurst North East (North East, Pa.) and two satellite campuses- Mercyhurst Corry (Corry, Pa.) and Mercyhurst at Booker T Washington (Erie).

501(c)(3) charity; gifts are tax-deductible.
94¢ of each $1 spent went to programs.
$2.6M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990-TIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990-T
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average deficit $966K a year · under 1% of revenue · last 6 filings
Concern: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
94%
of spending
Looks good: 94% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$2.6M
to officers and key staff · 2% of spending
Looks good: pay to officers and key staff is 2% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.8 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $122K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$66.8M
38% of total assets
Looks good: liabilities are 38% of assets; 50% or less.
Pt X · Ln 26
Independent board members
24
of 27 voting members
Looks good: 24 of 27 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$162.9M
+3% vs prior year
Spent
$157.6M
To programs
94%
Net assets
$107.2M
By yearFY2020–FY2025
Revenue
$162.9M
FY2022▲ +3%
Tap a bar for its year
Revenue by fiscal year
FY2020$156.3M
FY2021$158.7M
FY2022$162.9M
FY2023$149.3M
FY2024$146.9M
FY2025$149.4M
Expenses
$157.6M
FY2022▲ +4%
Tap a bar for its year
Expenses by fiscal year
FY2020$156.8M
FY2021$151.9M
FY2022$157.6M
FY2023$151.5M
FY2024$155.0M
FY2025$156.4M
Net assets
$107.2M
FY2022-0.1%
Tap a bar for its year
Net assets by fiscal year
FY2020$96.2M
FY2021$107.3M
FY2022$107.2M
FY2023$100.1M
FY2024$96.2M
FY2025$90.2M

From the FY2022 Form 990 (year ending May 2022) · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jan 1960.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

94 cents of each dollar spent went to programs.

Program services 94% · $148.8M Management & general 5% · $8.1M Fundraising 0% · $684K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

45 people listed on the 990-T; $2.6M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Dean of Ridge College
$277,905Pt VII · Sec A
Former President & Board of Trustees
$227,791Pt VII · Sec A
President and Board of Trustees
$197,212Pt VII · Sec A
Deputy Director of Hidta
$181,822Pt VII · Sec A
Provost and VP of Academic Affairs & Board of Trustees
$172,615Pt VII · Sec A
Cvc Hidta Executive Director
$165,531Pt VII · Sec A
VP of Finance and Administration
$156,928Pt VII · Sec A
Vice President of Finance
$145,020Pt VII · Sec A

Getz Kathleen a’s $402K as President and Board of Trustees is at the 27th percentile of top reported officer pay among 674 $100M+ education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Victor Michael T———$227,791$510,907$382,150
Getz Kathleen a$402,472$369,814$381,212$197,212——
McGill Duncan E———$277,905$175,737$175,487
Martin John J$227,316$210,783$190,045$165,531——
Sanchack Karl H—————$203,664
Hartman Gary$201,711$191,551$181,822$181,822$161,876—
Heller Michael E$178,216$163,585$169,472$145,020——
Roberts Leanne M———$172,615$172,070$172,070

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Offers diverse undergraduate and graduate programs, including adult and specialized options.

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Provided by the organization

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2 programs · $82.5M · in their own filed words · FY2021
01

At the fall census date during the 2021-22 academic year there were 3059 students enrolled in undergraduate, graduate, and associate degree programs at the main campus in Erie (2645) and at North East and other satellites (414).

$70.2Mprogram expense
02

Auxiliary services includes student housing, foodservice, the university bookstore and the university's conference center on the Main campus, and the university bookstore on the North East campus. The total student population in university housing on the Main campus was 1,806 for the 2021-22 fiscal year.

$12.2Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 2 funders$122K
Grants paid · 10 grants · $357.7M · 2019–2024
Unitemized GrantFY2024$59,784,179
Unitemized GrantFY2023$58,909,984
Unitemized GrantFY2022$58,919,591
Unitemized GrantFY2021$61,627,741
Unitemized GrantFY2020$60,076,441
Unitemized GrantFY2019$58,213,997

By the numbers

The FY2022 990-T, line by line.

1The main four
Money in
$162.9M
Fees for services$137.8M
Gifts and grants$23.4M
Investment income$1.3M
Money out
$157.6M
Programs$148.8M
Management$8.1M
Fundraising$684K
Owns and owes
$107.2M
net assets
Cash and savings$10.2M
Total assets$174.0M
Liabilities$66.8M
People
45
listed
Paid18
Voting board27
Independent24
2In more detail
Revenue in detail
Gifts and grants$23.4M
Government grants$20.8M
Fees for services$137.8M
Investment income$1.3M
Other income$355K
Total revenue$162.9M
Assets in detailEnd of year
Cash and savings together$10.2M
Total assets$174.0M
Liabilities$66.8M
Net assets$107.2M
Operations
Employees2,212
Volunteers250
Fiscal year endsMay
Conflict-of-interest policyYes
Whistleblower policyYes
Records policyYes

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $149.4M$156.4M−$7.0M$90.2M 990 PDF
FY2024 $146.9M$155.0M−$8.2M$96.2M 990 PDF
FY2023 $149.3M$151.5M−$2.2M$100.1M 990 PDF
FY2022 Viewing $162.9M$157.6M$5.4M$107.2M 990 PDF
FY2021 $158.7M$151.9M$6.7M$107.3M 990 PDF
FY2020 $156.3M$156.8M−$522K$96.2M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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