UNIVERSITY OF DETROIT MERCY

EIN: 381360586 501(c)(3) Education

Detroit, MI

Total Revenue
$176,096,982
Total Expenses
$171,458,659
Total Assets
$296,662,533
Net Assets
$205,674,001
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1881
Legal Domicile
MI
Principal Officer
Thomas Manceor
Phone
3139931000
Tax Period
2022-07-01 to 2023-06-30

UNIVERSITY OF DETROIT MERCY, founded in 1881, is a major nonprofit in the Education sector that reported $176.1M in total revenue in fiscal year 2022. Revenue decreased 7% compared to the prior year.

Mission

The University of Detroit Mercy, a Catholic university in the Jesuit and Mercy traditions, exists to provide excellent student-centered undergraduate and graduate education in an urban context. A UDM education seeks to integrate the intellectual spiritual, ethical and social development of students.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $25,356,023
Program Service Revenue $145,714,339
Investment Income $5,026,620
Other Revenue $0
TOTAL REVENUE $176,096,982

Expense Breakdown

Grants Paid $8,676,849
Salaries & Benefits $106,311,420
Fundraising Expenses $4,614,491
Program Expenses $130,802,958
Other Expenses $56,441,891
TOTAL EXPENSES $171,458,659

Year-over-Year Comparison

2022 2021 Change
Revenue $176,096,982 $189,038,227 -0.1%
Expenses $171,458,659 $171,507,137 0.0%
Net Income $4,638,323 $17,531,090 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
19
Independent Members
18
Employees
2242
Volunteers
325

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$1,551,284
Total Directors
2
$537,837
Key Employees
11
$2,713,032
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Michael Davis Head Coach - Men Basketball 40
Highest
$561,096 $46,029 $607,125
Donald B Taylor President 40
Officer Director
$226,087 $311,750 $537,837
Antoine M Garibaldi President Emeritus & Distinguished University Professor 40
$468,349 $47,787 $516,136
Pamela Zarkowski Provost & Vice President for Academic Affairs 40
Officer
$405,096 $43,582 $448,678
Mert N Aksu Dean School of Dentistry 40
Key Emp
$390,062 $46,887 $436,949
Ahmad Maalhagh-Fard Associate Professor & Dir Faculty Success Program 40
Highest
$362,430 $42,135 $404,565
Thomas Manceor Vice President Finance & Administration 40
Officer
$329,023 $47,915 $376,938
Joseph G Eisenhauer Dean College of Business Administration 40
Key Emp
$251,100 $42,583 $293,683
Abed Yakan Clinical Assistant Professor 40
Highest
$239,181 $42,931 $282,112
Arnold D'Ambrosio Vice President of Advancement 40
Key Emp
$231,242 $41,965 $273,207
Dincer C Gurun Associate Professor of Clinical Dentistry 40
$222,708 $41,188 $263,896
Deborah C Stieffel Vice President of Enrollment & Student Affairs 40
Key Emp
$224,967 $36,962 $261,929
Mark E Denham Dean College of Liberal Arts & Education 40
Key Emp
$217,013 $42,759 $259,772
Robert C Vowels Athletic Director 40
Highest
$209,091 $43,889 $252,980
Jelani Jefferson Exum Dean School of Law 40
Key Emp
$220,393 $31,189 $251,582
Anthony Neely Associate Professor of Graduate Periodontics 40
Highest
$226,713 $21,058 $247,771
Riyad Al-Qawasmi Associate Professor of Graduate Orthodontics 40
$218,684 $13,125 $231,809
Omid Sabbaghi Associate Professor Business Administration 40
$227,708 $0 $227,708
Katherine Snyder Dean College of Engineering & Science 40
Key Emp
$184,707 $39,130 $223,837
Janet Baiardi Interim Dean College of Health Professions 40
Key Emp
$178,903 $36,653 $215,556
Daniel Pitera Dean School of Architecture & Community Development 40
Key Emp
$171,814 $40,765 $212,579
Sulman S Hans Dean School of Optometry 40
Key Emp
$177,473 $18,311 $195,784
Monica M Barbour University Secretary & Legal Counsel 40
Officer
$153,365 $34,466 $187,831
Michael Dosch Professor of Nurse Anesthesiology 40
$142,206 $38,118 $180,324
Neal Rosenburg Professor of Health Professions & McAuley School of Nursing 40
$153,893 $22,561 $176,454
William Wittig Professor School of Architecture 40
$130,778 $36,465 $167,243
Jocelyn M Boryczka Dean College of Liberal Arts & Education 40
Key Emp
$88,154 $0 $88,154
James P Holland Vice Chair of the Board 1
Director
$0 $0 $0
Michael T McNamara Chairman of the Board 1
$0 $0 $0
Rev Theodore Munz Trustee 1
$0 $0 $0
Sr Helen Marie Burns RSM PhD Trustee 1
$0 $0 $0
Sr Michele T Aronica RSM PhD Trustee 1
$0 $0 $0
Mary Fisher Trustee 1
$0 $0 $0
Eric J Stanczak Jr Trustee 1
$0 $0 $0
Michael J Brenner Trustee 1
$0 $0 $0
Ronald V Fournier Trustee 1
$0 $0 $0
Georgette Morrow Trustee 1
$0 $0 $0
Rev Brian F Linnane Trustee 1
$0 $0 $0
Jeffrey J Bourgoin Trustee 1
$0 $0 $0
Sr Judith A Carey RSM PhD Trustee 1
$0 $0 $0
Michael A Carter Sr Trustee 1
$0 $0 $0
Meredith R Harper Trustee 1
$0 $0 $0
Nancy E Hazely Trustee 1
$0 $0 $0
Rev J Thomas McClain SJ Trustee 1
$0 $0 $0
Joseph G Mueller SJ STD Trustee 1
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 No data No data No data No data
2023 $176,096,982 $171,458,659 $296,662,533 $4,638,323
2022 $189,038,227 $171,507,137 $293,919,419 $17,531,090
2021 $171,830,708 $160,524,741 $289,746,215 $11,305,967
2020 $175,014,094 $164,397,853 $253,938,690 $10,616,241
2019 $177,007,310 $169,430,105 $253,517,191 $7,577,205
2018 $177,472,201 $178,574,958 $245,594,971 $-1,102,757
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