Civic Intelligence

Mount Mercy University

990T • Fiscal year 2022 • EIN 42-0681046

Jul 01, 2021 to Jun 30, 2022 • Filed on Feb 10, 2023

1330 Elmhurst Drive NECedar Rapids, IA 52402

(319) 368-6470

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

-

No earlier filing loaded for comparison.

Net Assets

-

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses

Revenue

-

No earlier filing loaded for comparison.

Expenses

-

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150M$100M$50M$0Assets 2011: $66,796,150Liabilities 2011: $14,997,480Net Assets 2011: $51,798,6702011Assets 2012: $69,042,335Liabilities 2012: $15,760,493Net Assets 2012: $53,281,8422012Assets 2013: $77,611,239Liabilities 2013: $20,383,557Net Assets 2013: $57,227,6822013Assets 2014: $80,950,279Liabilities 2014: $19,459,101Net Assets 2014: $61,491,1782014Assets 2015: $78,943,418Liabilities 2015: $17,331,104Net Assets 2015: $61,612,3142015Assets 2016: $77,929,322Liabilities 2016: $15,509,728Net Assets 2016: $62,419,5942016Assets 2017: $88,051,540Liabilities 2017: $19,807,625Net Assets 2017: $68,243,9152017Assets 2018: $94,627,564Liabilities 2018: $20,142,160Net Assets 2018: $74,485,4042018Assets 2019: $95,861,530Liabilities 2019: $21,227,631Net Assets 2019: $74,633,8992019Assets 2020: $97,731,253Liabilities 2020: $23,429,310Net Assets 2020: $74,301,9432020Assets 2021: $108,024,860Liabilities 2021: $20,074,160Net Assets 2021: $87,950,7002021Assets 2022: $103,926,298Liabilities 2022: $17,511,242Net Assets 2022: $86,415,0562022Assets 2023: $100,941,068Liabilities 2023: $15,526,570Net Assets 2023: $85,414,4982023Assets 2024: $100,157,191Liabilities 2024: $15,293,241Net Assets 2024: $84,863,9502024

Latest loaded filing

2024

Assets$100,157,191
Liabilities$15,293,241
Net Assets$84,863,950

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$60M$40M$20M$0-$20MExpenses 2011: $33,681,8952011Expenses 2012: $36,773,9992012Expenses 2013: $38,482,3092013Revenue 2014: $41,269,626Expenses 2014: $39,300,985Net Income 2014: $1,968,6412014Revenue 2015: $41,699,453Expenses 2015: $40,365,678Net Income 2015: $1,333,7752015Revenue 2016: $46,090,166Expenses 2016: $44,019,429Net Income 2016: $2,070,7372016Revenue 2017: $50,973,416Expenses 2017: $47,326,093Net Income 2017: $3,647,3232017Revenue 2018: $53,460,836Expenses 2018: $48,298,479Net Income 2018: $5,162,3572018Revenue 2019: $50,997,354Expenses 2019: $49,885,945Net Income 2019: $1,111,4092019Revenue 2020: $53,082,228Expenses 2020: $51,419,471Net Income 2020: $1,662,7572020Revenue 2021: $59,721,106Expenses 2021: $53,095,774Net Income 2021: $6,625,3322021Revenue 2022: $59,414,847Expenses 2022: $57,525,174Net Income 2022: $1,889,6732022Revenue 2023: $54,383,606Expenses 2023: $57,406,187Net Income 2023: -$3,022,5812023Revenue 2024: $53,059,982Expenses 2024: $56,181,364Net Income 2024: -$3,121,3822024

Latest loaded filing

2024

Revenue$53,059,982
Expenses$56,181,364
Net Income-$3,121,382
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Feb 10, 2023
Return Version
2021v4.3
Mission and Program Overview

Mission

Catholic university providing student focused baccalaureate and graduate education in the spirit of the sisters of mercy. Welcomes women and men of all beliefs to join the community in pursuit of education and service to those in need. Promotes reflective judgment, strategic communication, the common good and purposeful living through a core curriculum, liberal arts and professional majors and student development programs. Strive for excellence in accomplishing our mission through four interdependent goals: using reflective judgment, engaging in strategic communication, serving the common good and promoting purposeful living.

Filing and Contact Details

Filer

Filer Name
Mount Mercy University
EIN
42-0681046
Phone
3193686470
Address
1330 ELMHURST DRIVE NE, CEDAR RAPIDS, IA 52402

Signing Officer

Name
Todd Olson
Title
President
Phone
3193686470
Signed
2023-02-10
Discuss with paid preparer
Yes

Preparer

Firm
Rsm US Llp
Address
201 FIRST STREET SE SUITE 800, CEDAR RAPIDS, IA 52401
Preparer
Shawna Huls
Phone
3192985333
Raw XML Appendix118 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS1120ScheduleD/CapitalGainNetIncomeAmt030076
IRS1120ScheduleD/ExcNetSTGainOverNetLTLossAmt0145
IRS1120ScheduleD/Form4797GainOrLossAmt023688
IRS1120ScheduleD/NetCapitalGainAmt029931
IRS1120ScheduleD/NetLTCapitalGainOrLossAmt029931
IRS1120ScheduleD/NetSTCapitalGainOrLossAmt0145
IRS1120ScheduleD/TotalLTCGL1099BNotReceivedGrp/TotalGainOrLossAmt06243
IRS1120ScheduleD/TotalSTCGL1099BNotReceivedGrp/TotalGainOrLossAmt0145
IRS8949/LongTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/GainOrLossAmt06234
IRS8949/LongTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/GainOrLossAmt19
IRS8949/LongTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/PropertyDesc0RESOURCE LAND FUND V, LP
IRS8949/LongTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/PropertyDesc1SIGULAR GUFF DISTRESSED
IRS8949/LongTermCapitalGainAndLossGrp/TotalGainOrLossAmt06243
IRS8949/LongTermCapitalGainAndLossGrp/TransactionsNotRptedOn1099BInd0X
IRS8949/ShortTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/GainOrLossAmt056
IRS8949/ShortTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/GainOrLossAmt189
IRS8949/ShortTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/PropertyDesc0RESOURCE LAND FUND V, LP
IRS8949/ShortTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/PropertyDesc1AUDAX DIRECT LENDING SOLUTIONS FUND II-D
IRS8949/ShortTermCapitalGainAndLossGrp/TotalGainOrLossAmt0145
IRS8949/ShortTermCapitalGainAndLossGrp/TransactionsNotRptedOn1099BInd0X
IRS990T/AvlblPre2018NOLCarryoverAmt023734
IRS990T/BooksInCareOfDetail/PersonNm0TODD OLSON
IRS990T/BooksInCareOfDetail/PhoneNum03193686470
IRS990T/BooksInCareOfDetail/USAddress/AddressLine1Txt01330 ELMHURST DRIVE NE
IRS990T/BooksInCareOfDetail/USAddress/CityNm0CEDAR RAPIDS
IRS990T/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990T/BooksInCareOfDetail/USAddress/ZIPCd052402
IRS990T/BookValueAssetsEOYAmt0103926298
IRS990T/ChangeInMethodOfAccountingInd00
IRS990T/CharitableContributionsDedAmt00
IRS990T/ESPenaltyAmt056
IRS990T/ExtsnRequestIncomeTaxPaidAmt03500
IRS990T/ForeignAccountsQuestionInd00
IRS990T/ForeignTrustQuestionInd00
IRS990T/Form990TScheduleAAttachedCnt01
IRS990T/NetOperatingLossDeductionAmt023734
IRS990T/Organization501cCorporationInd0X
IRS990T/Organization501IndicatorGrp/Organization501cTypeTxt0c3
IRS990T/Organization501IndicatorGrp/Organization501Ind0X
IRS990T/OverpaymentSection/AppliedToESTaxAmt01799
IRS990T/OverpaymentSection/OverpaymentAmt01799
IRS990T/OverpaymentSection/RefundAmt00
IRS990T/PaidTaxLiabilityAmt00
IRS990T/Post2017NOLCarryoverGrp/AvlblPost2017NOLCarryoverAmt02007
IRS990T/Post2017NOLCarryoverGrp/PrincipalBusinessActivityCd0900099
IRS990TScheduleA/CapitalGainNetIncomeAmt030076
IRS990TScheduleA/NetOperatingLossDeductionAmt02007
IRS990TScheduleA/PrincipalBusinessActivityCd0900099
IRS990TScheduleA/SequenceReferenceNum01
IRS990TScheduleA/SequenceTotalNum01
IRS990TScheduleA/TaxesAndLicensesAmt0492
IRS990TScheduleA/TotalAllocableDeductionsAmt00
IRS990TScheduleA/TotalCtrlOrgDeductionAmt00
IRS990TScheduleA/TotalCtrlOrgPymtGrossIncmAmt00
IRS990TScheduleA/TotalDeductionsAmt0492
IRS990TScheduleA/TotalDeductionSetAsidesAmt00
IRS990TScheduleA/TotalDirectAdvertisingCostAmt00
IRS990TScheduleA/TotalDividendsReceivedDedAmt00
IRS990TScheduleA/TotalGrossAdvertisingIncomeAmt00
IRS990TScheduleA/TotalGrossDebtFinancedIncmAmt00
IRS990TScheduleA/TotalInvestmentIncomeAmt00
IRS990TScheduleA/TotalOrdinaryGainLossAmt049
IRS990TScheduleA/TotalPrtshpSCorpIncomeAmt04940
IRS990TScheduleA/TotalRentDeductionsAmt00
IRS990TScheduleA/TotalRentIncomeAmt00
IRS990TScheduleA/TotalUnrelatedBusinessCompAmt00
IRS990TScheduleA/TotExcessReadershipCostsDedAmt00
IRS990TScheduleA/TotNetUnrltTrdBusIncmAmt035065
IRS990TScheduleA/TotUnrltTrdBusIncmAmt035065
IRS990TScheduleA/TotUnrltTrdBusIncmExpnssAmt00
IRS990TScheduleA/TradeOrBusinessDesc0OWNERSHIP OF PARTNERSHIP INTEREST GENERATING TRADE OR BUSINESS INCOME.
IRS990TScheduleA/UBIBeforeNOLDedAmt034573
IRS990TScheduleA/UnrelatedBusinessTaxblIncmAmt032566
IRS990T/SpecificDeductionAmt01000
IRS990T/SubsidiaryCorporationInd00
IRS990T/TaxableCorporationAmt01645
IRS990T/TaxLessCreditsAmt01645
IRS990T/TotalDeductionAmt01000
IRS990T/TotalPaymentsAmt03500
IRS990T/TotalTaxAmt01645
IRS990T/TotalTaxComputationAmt01645
IRS990T/TotalUBTIAmt07832
IRS990T/TotalUBTIBeforeNOLSpecificAmt032566
IRS990T/TotalUBTIBeforeSection199AAmt08832
IRS990T/TotalUBTIComputedAmt032566
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-03-07 01:45:13Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0TODD OLSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03193686470
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-02-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MOUNT MERCY UNIVERSITY
ReturnHeader/Filer/BusinessNameControlTxt0MOUN
ReturnHeader/Filer/EIN0420681046
ReturnHeader/Filer/PhoneNum03193686470
ReturnHeader/Filer/USAddress/AddressLine1Txt01330 ELMHURST DRIVE NE
ReturnHeader/Filer/USAddress/CityNm0CEDAR RAPIDS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd052402
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0420714325
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RSM US LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0201 FIRST STREET SE SUITE 800
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CEDAR RAPIDS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd052401
ReturnHeader/PreparerPersonGrp/PhoneNum03192985333
ReturnHeader/PreparerPersonGrp/PreparationDt02023-02-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SHAWNA HULS
ReturnHeader/ReturnTs02023-02-21T14:49:14-06:00
ReturnHeader/ReturnTypeCd0990T
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0TODD
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0OLSON
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$100$15.3$84.9$53.1$56.2$3.12
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$101$15.5$85.4$54.4$57.4$3.02
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$104$17.5$86.4$59.4$57.5$1.89
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$108$20.1$88.0$59.7$53.1$6.63
2020Detailed filing. Detailed filing data is available for this year.$97.7$23.4$74.3$53.1$51.4$1.66
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$95.9$21.2$74.6$51.0$49.9$1.11
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$94.6$20.1$74.5$53.5$48.3$5.16
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$88.1$19.8$68.2$51.0$47.3$3.65
2016Detailed filing. Detailed filing data is available for this year.$77.9$15.5$62.4$46.1$44.0$2.07
2015Detailed filing. Detailed filing data is available for this year.$78.9$17.3$61.6$41.7$40.4$1.33
2014Detailed filing. Detailed filing data is available for this year.$81.0$19.5$61.5$41.3$39.3$1.97
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$77.6$20.4$57.2$38.5
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$69.0$15.8$53.3$36.8
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$66.8$15.0$51.8$33.7