MOUNT MARY UNIVERSITY INC Charity Report

Public IRS 990 nonprofit record

MOUNT MARY UNIVERSITY INC

EIN 39-0806154 · Universities (B43)

What they do

MOUNT MARY UNIVERSITY, AN URBAN CATHOLIC UNIVERSITY for WOMEN SPONSORED BY THE SCHOOL SISTERS of NOTRE DAME, PROVIDES AN ENVIRONMENT for THE DEVELOPMENT of THE WHOLE PERSON. THE UNIVERSITY ENCOURAGES LEADERSHIP, INTEGRITY, and A DEEP SENSE of SOCIAL JUSTICE ARISING FROM A SENSITIVITY to MORAL VALUES and CHRISTIAN PRINCIPLES. MOUNT MARY COMMITS ITSELF to EXCELLENCE IN TEACHING and LEARNING WITH AN EMPHASIS ON THINKING CRITICALLY and CREATIVELY. THE BACCALAUREATE CURRICULUM INTEGRATES THE LIBERAL ARTS WITH CAREER PREPARATION for WOMEN of DIVERSE AGES and PERSONAL CIRCUMSTANCES; THE PROGRAMS AT THE GRADUATE LEVEL PROVIDE OPPORTUNITIES for BOTH MEN and WOMEN to ENHANCE THEIR PROFESSIONAL EXCELLENCE.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $76.60 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders40 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

81.58%of revenue went to mission work76.6% of expenses · Program services

$106.54spent for every $100 of revenueSpending was higher than revenue this year.

24.96%of revenue went to management and office costs23.4% of expenses

$1.67in assets for every $1 spent this yearSome assets cannot be spent right away.

13.9%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $2,635,412 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $335,117 for CHERNEY ISABELLE (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$40,298,948

Mission workProgram services$32,876,68781.58% of revenue76.6% of expenses

ManagementOffice and general costs$10,057,67324.96% of revenue23.4% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$42,934,360106.54% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 76.6% mission · 23.4% management · 0.0% fundraisingTotal expenses: 106.54% of revenue

2023Expense mix: 72.2% mission · 27.8% management · 0.0% fundraisingTotal expenses: 102.28% of revenue

2022Expense mix: 75.9% mission · 22.6% management · 1.5% fundraisingTotal expenses: 101.51% of revenue

2021Expense mix: 77.3% mission · 21.2% management · 1.5% fundraisingTotal expenses: 91.26% of revenue

2020Expense mix: 74.8% mission · 23.2% management · 1.9% fundraisingTotal expenses: 78.83% of revenue

2019Expense mix: 74.0% mission · 24.1% management · 2.0% fundraisingTotal expenses: 97.74% of revenue

2018Expense mix: 73.7% mission · 24.4% management · 1.9% fundraisingTotal expenses: 89.12% of revenue

2017Expense mix: 75.8% mission · 22.2% management · 2.0% fundraisingTotal expenses: 90.57% of revenue

Money in and money out

Revenue$40,298,948

Expenses$42,934,360

Annual shortfall $2,635,412 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$32,876,687 · 76.6% of expenses

Management and office costs$10,057,673 · 23.4% of expenses

See all reported dollar amounts

Revenue$40,298,948

Expenses$42,934,360

Assets$71,774,808

Income$51,622,509

Contributions$5,592,418

Mission work (program services)$32,876,687

Management and general$10,057,673

Executive compensation (total)$1,120,027

Accounting fees$60,195

Investing fees$215,364

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

CHERNEY ISABELLEPRESIDENT · 50 hrs/week $335,117Base $305,306 · Other $29,811

MULLIGAN JESSICAVICE PRESIDENT OF ADVANCEMENT · 50 hrs/week $174,636Base $134,988 · Other $39,648

FRIEDLEN KARENVICE PRESIDENT OF ACADEMIC AFFAIRS · 50 hrs/week $167,601Base $141,272 · Other $26,329

ALIOTO KERIVICE PRESIDENT OF STUDENT AFFAIRS · 50 hrs/week $151,982Base $132,396 · Other $19,586

MAHER JULIEDEAN AND CHIEF NURSING ADMINISTRATOR · 50 hrs/week $147,737Base $124,330 · Other $23,407

SCHWARTZ ROBERTCHIEF TRANSFORMATION AND INNOVATION OFFICER · 50 hrs/week $146,179Base $109,235 · Other $36,944

MILLER JENNIFERASSISTANT PROFESSOR · 50 hrs/week $129,120Base $108,020 · Other $21,100

STAPLETON ANDREAVICE PRESIDENT OF MISSION AND JUSTICE · 50 hrs/week $122,949Base $116,650 · Other $6,299

INDA KARIPROFESSOR AND CHAIR · 40 hrs/week $122,829Base $118,758 · Other $4,071

WEGENER DAVEVICE PRESIDENT OF ENROLLMENT SERVICES · 50 hrs/week $117,717Base $103,765 · Other $13,952

KING CARRIEPROFESSOR AND CHAIR · 50 hrs/week $110,752Base $108,985 · Other $1,767

OKEEFE ROBERTVICE PRESIDENT OF ADMINISTRATION AND CFO · 50 hrs/week $25,617Base $24,293 · Other $1,324

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (40)

CHERNEY ISABELLEPRESIDENT

MULLIGAN JESSICAVICE PRESIDENT OF ADVANCEMENT

FRIEDLEN KARENVICE PRESIDENT OF ACADEMIC AFFAIRS

ALIOTO KERIVICE PRESIDENT OF STUDENT AFFAIRS

MAHER JULIEDEAN AND CHIEF NURSING ADMINISTRATOR

SCHWARTZ ROBERTCHIEF TRANSFORMATION AND INNOVATION OFFICER

MILLER JENNIFERASSISTANT PROFESSOR

STAPLETON ANDREAVICE PRESIDENT OF MISSION AND JUSTICE

INDA KARIPROFESSOR AND CHAIR

WEGENER DAVEVICE PRESIDENT OF ENROLLMENT SERVICES

KING CARRIEPROFESSOR AND CHAIR

OKEEFE ROBERTVICE PRESIDENT OF ADMINISTRATION AND CFO

SISTER JOAN ANDERTSSND

SISTER SHARON SLEARSSND

YOLLANDE TCHOUAPITRUSTEE

SISTER DEBRA M SCIANOSSND

SCOTT NAZETRUSTEE

STEPHANIE RUSSELLCHAIR

SUE BELLEHUMEURBOARD CHAIR

TERRA MCKINNEYTRUSTEE

MARY JO LAYDENTRUSTEE

MARJORIE RUCKERTRUSTEE

MARILKA VELEZTRUSTEE

J OMAR ANDRIETSCHTRUSTEE

ANN NATTINGERTRUSTEE

ANN TESMERTRUSTEE

BECKY PINTERTRUSTEE

CHRISTINE WISEMANTRUSTEE

DAVID JORGENSENTRUSTEE

DAVID KRUTZVICE-CHAIR

EILEEN SCHWALBACHSSND

ERICA-NICOLE HARRISVICE-CHAIR

MARIE OBRIENTRUSTEE

JEFF HEMBROCKTRUSTEE

JEFF SCOTTTRUSTEE

JOEL BRENNANTRUSTEE

KAREN DAVIDSONTRUSTEE

LENA LEETRUSTEE

LISA JANSENTRUSTEE

MARGARET CALLAHANTRUSTEE

About this charity

Recognized since: January 1946
Location: 2900 N MENOMONEE RIVER PARKWAY, MILWAUKEE, WI 53222
County: Milwaukee
In care of: DR ISABELLE CHERNEY
Primary officer: DR ISABELLE CHERNEY, PRESIDENT

How to reach them

WebsiteVisit the charity’s website Phone(414) 930-3033

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: CLIFTONLARSONALLEN LLP
NTEE classification: Universities (B43)
IRS tax category: Universities