Mercyhurst University

“Joseph G NeCastro (Trustee) has a family relationship with Mark J Salvia (Trustee).”

“The Form 990 for Mercyhurst University for the current fiscal year end was reviewed in detail by the Vice President for Finance and Administration, and by an independent accounting firm prior to filing with the IRS. In addition to management's review of the Form 990, each voting member of the Mercyhurst University Board of Trustees was e-mailed a notification approximately one week before the filing deadline that the final Form 990, including all required schedules, was made available on a secured website for review. Trustees were given an opportunity to ask questions and provide feedback to management prior to the filing of the return with the IRS.”

“Mercyhurst University has a written Conflict of Interest Policy. All officers, Trustees, and members of the President's Cabinet are required to disclose to the Board of Trustees any possible conflict of interest at the earliest practical time. Further, the Trustee shall absent him or her from discussion of, and abstain from voting on, such matters under consideration by the Board of Trustees or its committees. Each officer, Trustee, and member of the President's Cabinet shall complete and sign by May 15 of each year (or the first business day thereafter if May 15 falls on a weekend or holiday) a conflict of interest disclosure form provided annually by the Secretary of the Board of Trustees. The annual conflict of interest disclosure forms are reviewed first by the Chair of the Board of Trustees, who also serves as Chair of the Executive Committee and by the full Executive Committee of the Board of Trustees typically at its Fall meeting. Copies of the annual conflict of interest disclosure forms are provided to the Executive Committee of the Board of Trustees, the Chair of the Board of Trustees, the Secretary of the Board of Trustees, the Chair of the Committee on Audit, the external audit firm, and the President of the University. In February 2013, the Board of Trustees introduced a mid-year Conflict of Interest Update to the annual Disclosure Form to enable those covered by the Conflict of Interest Policy to disclose any new conflicts that have arisen since the completion of the annual conflict of interest disclosure form.”

“Form 990, Part VI, Section B, Line 15 - The President reviews compensation increases for all employees. The President specifically makes recommendations for salary increases for employees who report directly to him. Salary increases are merit based, based upon the President's assessment of the individual's performance. In the spring the President presents his recommendations to the Committee on Compensation of the Board of Trustees for review and approval. The committee reviews the compensation requests to ensure that their compensation reflects Mercyhurst University's compensation philosophy, complies with rules governing tax-exempt universities described in the Internal Revenue Code, complies with compensation rules and regulations promulgated by any other regulatory agency or legislative authority and aligns appropriately with compensation levels at comparable universities. After approval salary increases are communicated to employees in the form of an annual appointment letter signed by either the President, the Provost, or the Vice President for Finance and Administration.”

“Mercyhurst University posts on its website its public disclosure requirement for Federal Form 990 and 990T. Additionally, on that website, it alerts users that if they wish to obtain either the University's Conflict of Interest policy or the governing documents of the University, they are available upon request.”

“$6,054,856 of the expenses for other services are related to the maintenance contract with Aramark. $7,284,279 is related to contract services for Grants and Institutes. The remaining $2,695,878 is related to general contract services for the University.”