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University of Detroit Mercy

Public charityFed auditsIRS 990
DBA: % JAMES D PRISKEY
Other · DETROIT, MI · EIN 38-1360586

About

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.

In care of James D Priskey

Donations are tax-deductible
Category
Other
Employees
2,242
Volunteers
325

Financial Snapshot

FY ending 2023-06-30
Revenue
$176.1M
Expenses
$171.5M
Assets
$296.7M
Liabilities
$91.0M

Financial history

$189.0M$94.5M$0
1617181920212223
RevenueExpenses
Latest FY2023: $176.1M · Peak FY2022: $189.0M · Avg: $173.3M

501(h) election

This 501(c)(3) has NOT elected 501(h) — lobbying is permitted but limited under the vaguer "no substantial part of activities" test.

Political & Grant Activity

Campaign Spending
Lobbying
$0
Grants Given
$8.7M
UNIVERSITY OF DETROIT MERCY
Your actions

Address

4001 W Mcnichols RD
Detroit, MI, 48221-303

Governance

Voting board members19
Independent members18
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
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %10.0%
Permanent endowment %67.0%
Endowment held by related orgNo

Fundraising activity (Schedule G)

Uses professional fundraisersYes
Gross fundraising receipts$40K
Net to org$12K
Retained by contractors$28K
ChannelsMail · Phone · Email · In-person · Grant solicitation
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.
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