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Mercyhurst University

Public charityFed auditsIRS 990990-T FY2023
DBA: % MICHAEL E HELLER
Other · ERIE, PA · EIN 25-0965430

About

Consistent with its Catholic identity and Mercy heritage, Mercyhurst University educates men and women in a culture where faith and reason flourish together, where the beauty and power of the liberal arts combine with an appreciation for the dignity of work and a commitment to serving others. Confident in the strength of its student-faculty bonds, the university community is inspired by the image of students whose choices, in life and work, will enable them to realize the human and spiritual values embedded in everyday realities and to exercise leadership in service toward a just world.

In care of Michael E Heller

Donations are tax-deductible
Category
Other
Employees
1,677
Volunteers
250

Financial Snapshot

FY ending 2024-05-31
Revenue
$146.9M
Expenses
$155.0M
Assets
$161.6M
Liabilities
$65.4M

Financial history

$162.9M$81.5M$0
161718192021222324
RevenueExpenses
Latest FY2024: $146.9M · Peak FY2022: $162.9M · Avg: $150.4M

Foreign activity (Schedule F)

Total spent abroad$4.8M
Foreign employees0
Foreign offices0
Foreign partnership interestNo
Foreign trust interestNo
RegionActivitySpent
Central America and the Caribbean

Political & Grant Activity

Campaign Spending
Lobbying
Grants Given
$48.4M
MERCYHURST UNIVERSITY
Your actions

Address

501 E 38TH ST
ERIE, PA, 16546-000

Governance

Voting board members22
Independent members20
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %19.2%
Permanent endowment %64.5%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.