Gwynedd Mercy University is a 501(c)(3) organization based in Gwynedd Vly, Pennsylvania, registered in 1946, with $63,889,600 in FY2023 revenue. CharityIndex grades it A, and it directs about 82% of spending to programs.
Revenue (FY2023)
$63.9M
▼ 11.2% vs prior year
Education median: $200K
Expenses (FY2023)
$69.1M
Net assets
$100.2M
Employees
1,253
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Gwynedd Mercy University: 82% to programs · $21 to raise $100 earns a A on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Gwynedd Mercy University: 17 mo reserves · -8% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Gwynedd Mercy University: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Gwynedd Mercy University: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Gwynedd mercy university is a catholic university founded and sponsored by the sisters of mercy.
Financial aid - to students - gwynedd provides access to higher education for a diverse group of students, including those with high financial need. in fiscal 2023-2024, 100% of full-time traditional degree-seeking undergraduate students received some form of financial aid and 100% of first-time, full-time students received some form of financial aid in fiscal 2023-24.gwynedd mercy university is committed to producing graduates who make the world a better place. to provide students access to a great education at an affordable cost, gwynedd mercy university offers several scholarships and grants. known as "gift assistance," these scholarships and grants do not need to be repaid, and generally are renewable for an additional three years for first-year undergraduate students and two years for transfer undergraduate students. undergraduate tuition is set for the academic year based on academic programs. students also are charged a comprehensive fee, which contributes toward the costs of providing computer/technology access, activities, use of facilities, and other resources and services generally available to all students. graduate and accelerated program tuition is billed per credit hour and the administrative costs of a student's education are covered through program fees. full-time traditional undergraduate students receive award letters detailing any aid for which they are eligible. our aid packages account for tuition, fees, room, board, books, supplies, transportation, and miscellaneous expenses. a typical aid package includes grants or scholarships, a low-interest student loan, and campus employment (up to 15 hours per week). undergraduates will likely receive the same amount all four years as long as they submit the fafsa annually, continue to meet all conditions of the award, and their need remains essentially unchanged.
Housing and meal services for students - gwynedd provides living arrangements that support and enhance educational and social experiences to help develop important life skills. gwynedd has three residence halls; one is dedicated to first-year students and two accommodate transfer students and sophomores through seniors. room types range from single and double occupancy to living suites. housing assignments are made based on a variety of factors including class year, gender, lifestyle preferences, roommate requests, space availability and housing deposit date.gwynedd offers flexibility to students through its dining options. all residents are required to choose one of three meal plans: 15 or 10 meals a week or a 100 meal block plan. commuter meal plan options were also added in fiscal 2019 to better accommodate the needs of our commuter students. those options include 15 and 10 meal block plans.
Revenue declined from $65.4M (FY2013) to $63.9M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
-8.2%
Spent more than it raised in the latest fiscal year.
Total assets
$145.0M
Total liabilities
$44.8M
Net assets
$100.2M
Salaries & benefits
$26.4M
38% of expenses
Board members
23
22 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $63,889,600▼11.2% | $69,120,600▼1.4% | $100,243,000▼0.8% | $144,993,000▲8.2% | 990 |
| 2022 | $71,964,000▼31.3% | $70,101,000▼2.7% | $101,007,000▲5.2% | $134,052,000▼3.2% | 990 |
| 2021 | $104,761,000▲39.9% | $72,032,000▼7.0% | $96,054,000▲34.8% | $138,553,000▲12.4% | 990 |
| 2020 | $74,885,000▼7.1% | $77,488,000▲0.1% | $71,274,000▲3.9% | $123,239,000▲1.0% | 990 |
| 2019 | $80,570,000▼2.8% | $77,412,000▼2.1% | $68,587,000▲4.0% | $122,049,000▲4.5% | 990 |
| 2018 | $82,919,000▲3.0% | $79,103,000▲2.1% | $65,947,000▲2.5% | $116,791,000▲0.3% | 990 |
| 2017 | $80,495,000▲8.1% | $77,494,000▲8.4% | $64,369,000▲6.5% | $116,434,000▲2.1% | 990 |
| 2016 | $74,485,000▲10.3% | $71,488,000▲6.1% | $60,447,000▲8.1% | $114,077,000▲5.5% | 990 |
| 2015 | $67,522,000▲9.8% | $67,382,000▲6.8% | $55,913,000▼0.8% | $108,167,000▼0.2% | 990 |
| 2014 | $61,507,000▼5.9% | $63,075,000▲8.1% | $56,366,000▼3.1% | $108,391,000▼2.9% | 990 |
| 2013 | $65,371,000 | $58,375,000▲3.7% | $58,181,000▲19.8% | $111,640,000▲6.7% | 990 |
| 2012 | — | $56,313,000▲1.4% | $48,546,000▲14.2% | $104,587,000▲6.4% | 990 |
| 2011 | — | $55,553,000▲7.4% | $42,499,000▲7.8% | $98,310,000▲18.2% | 990 |
| 2010 | — | $51,747,000▲7.4% | $39,408,000▲6.5% | $83,201,000▲2.6% | 990 |
| 2009 | — | $48,191,000 | $37,002,000 | $81,118,000 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Highest-paid: Deanne D'emilio — $402,731 (0.58% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Deanne D'emilio | President and Ceo | 40 | $402,731 |
| Keith Richardson | Vp University Adv. (until 1/5/24) | 37.5 | $202,175 |
| Heather Meier | Vp of Finance & Administration/cfo | 37.5 | $198,800 |
| James Trusdell | Coo | 37.5 | $187,860 |
| Mary Sortino | Dean,school of Grad/prof(to 6/14/24) | 37.5 | $153,676 |
| Kelly Statmore | Chief Marketing & Innovation Officer | 37.5 | $150,480 |
| Dianna Sofo | Assistant Vp For Hr | 37.5 | $149,000 |
| Joshua Stern | Vp For Student Ser. & Dean of Students | 37.5 | $140,352 |
| Suzanne Prestoy | Professor, Graduate Nursing | 37.5 | $139,632 |
| Jennifer Ginnetti | Senior Associate Vp & Deputy Cfo | 37.5 | $137,700 |
| Kate Breslin | Assistant To the President | 37.5 | $85,000 |
| Barbara Buckley Rsm | Trustee | 2 | — |
| Catherine Mcmahon Rsm | Trustee | 2 | — |
| Charlotte O Mckines | Chair | 4 | — |
| Christopher Pacheco | Trustee | 2 | — |
| Denise Allen Williams | Trustee | 2 | — |
| Dennis Pfleiger | Trustee | 2 | — |
| Donna Dorozinksy | Trustee | 2 | — |
| Eileen Foley Guest | Trustee | 2 | — |
| Erin Duffy | Trustee | 2 | — |
| Contractor | Services | Paid |
|---|---|---|
| Synergis Education | Institutional Development & Programing; | $5,586,194 |
| Irwin Leighton | Construction Contractor | $3,527,561 |
| Parkhurst Dining Services | Food Service Contract | $926,811 |
| Keystone Sports Construction | Construction Contractor | $822,701 |
| Aramark Educational Services LLC | Food Service Contract | $809,961 |
12 grants to Gwynedd Mercy University totaling $2.5M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Charities Aid Foundation America | Charitable donation | 2024 | $8,373 |
| Philadelphia Foundation | "the frances cannata '66'" | 2023 | $2,000,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $23,030 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $19,108 |
| Philadelphia Foundation | Endowed nursing scholars fund | 2022 | $300,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2022 | $35,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $10,680 |
| National Philanthropic Tr | Education | 2021 | $50,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2021 | $20,656 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $10,680 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $10,680 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2020 | $7,000 |
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Data for Gwynedd Mercy University (EIN 23-1352613) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.