Nonprofit · EIN 39-0806154
MOUNT MARY UNIVERSITY INC
Tax-exempt · MILWAUKEE, WI 53222
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $40,298,948 | $42,934,360 | -$2,635,412 | $71,774,808 | $6,508,714 | $65,266,094 |
| June 30, 2024 | 990 | $40,497,861 | $41,422,659 | -$924,798 | $73,289,994 | $7,133,555 | $66,156,439 |
| June 30, 2023 | 990 | $39,483,708 | $40,080,760 | -$597,052 | $73,756,805 | $8,656,851 | $65,099,954 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $5,592,418
- of which government grants
- $262,116
- Program service revenue
- $30,171,689
- Investment income
- $4,285,948
- Net rental income
- $59,425
- Net gain from sales of assets
- $662,625
- Other revenue
- $248,893
Expenses
- Grants and similar amounts paid
- $15,093,612
- Compensation of officers, directors and key employees
- $1,311,799
- Other salaries and wages
- $12,664,826
- Salaries, compensation and benefits (total)
- $17,200,992
- Professional fundraising fees
- $0
- Legal fees
- $21,796
- Accounting fees
- $60,195
- Occupancy
- $2,504,848
- Travel
- $158,353
- Depreciation
- $1,735,072
- Program services (functional)
- $32,876,687
- Management and general (functional)
- $10,057,673
Balance sheet and other
- Total assets, start of year
- $73,289,994
- Total assets, end of year
- $71,774,808
- Total liabilities, end of year
- $6,508,714
- Net assets, end of year
- $65,266,094
- Land, buildings and equipment
- $24,713,626
- Net assets without donor restrictions
- $31,992,561
- Net assets with donor restrictions
- $33,273,533
- Gross unrelated business income
- -$20,522
- Gross receipts
- $51,622,509
- Employees
- 596
- Volunteers
- 50
- Year formed
- 1913
- State of legal domicile
- WI
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CHERNEY ISABELLE | PRESIDENT Officer | 50 | $305,306 | $29,811 |
| MULLIGAN JESSICA | VICE PRESIDENT OF ADVANCEMENT Officer | 50 | $134,988 | $39,648 |
| FRIEDLEN KAREN | VICE PRESIDENT OF ACADEMIC AFFAIRS Officer | 50 | $141,272 | $26,329 |
| ALIOTO KERI | VICE PRESIDENT OF STUDENT AFFAIRS Officer | 50 | $132,396 | $19,586 |
| MAHER JULIE | DEAN AND CHIEF NURSING ADMINISTRATOR Highest-paid employee | 50 | $124,330 | $23,407 |
| SCHWARTZ ROBERT | CHIEF TRANSFORMATION AND INNOVATION OFFICER Highest-paid employee | 50 | $109,235 | $36,944 |
| MILLER JENNIFER | ASSISTANT PROFESSOR Highest-paid employee | 50 | $108,020 | $21,100 |
| STAPLETON ANDREA | VICE PRESIDENT OF MISSION AND JUSTICE Officer | 50 | $116,650 | $6,299 |
| INDA KARI | PROFESSOR AND CHAIR Highest-paid employee | 40 | $118,758 | $4,071 |
| WEGENER DAVE | VICE PRESIDENT OF ENROLLMENT SERVICES Officer | 50 | $103,765 | $13,952 |
| KING CARRIE | PROFESSOR AND CHAIR Highest-paid employee | 50 | $108,985 | $1,767 |
| O'KEEFE ROBERT | VICE PRESIDENT OF ADMINISTRATION AND CFO Officer | 50 | $24,293 | $1,324 |
| SISTER DEBRA M SCIANO | SSND Trustee or director | 1 | $0 | $0 |
| SISTER JOAN ANDERT | SSND Trustee or director | 1 | $0 | $0 |
| SISTER SHARON SLEAR | SSND Trustee or director | 1 | $0 | $0 |
25 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| EILEEN SCHWALBACH | SSND Trustee or director | 1 | $0 |
| J OMAR ANDRIETSCH | TRUSTEE Trustee or director | 1 | $0 |
| STEPHANIE RUSSELL | CHAIR Trustee or director | 1 | $0 |
| LENA LEE | TRUSTEE Trustee or director | 1 | $0 |
| LISA JANSEN | TRUSTEE Trustee or director | 1 | $0 |
| MARILKA VELEZ | TRUSTEE Trustee or director | 1 | $0 |
| ANN NATTINGER | TRUSTEE Trustee or director | 1 | $0 |
| MARIE OBRIEN | TRUSTEE Trustee or director | 1 | $0 |
| DAVID JORGENSEN | TRUSTEE Trustee or director | 1 | $0 |
| MARGARET CALLAHAN | TRUSTEE Trustee or director | 1 | $0 |
| MARY JO LAYDEN | TRUSTEE Trustee or director | 1 | $0 |
| DAVID KRUTZ | VICE-CHAIR Trustee or director | 1 | $0 |
| SCOTT NAZE | TRUSTEE Trustee or director | 1 | $0 |
| ERICA-NICOLE HARRIS | VICE-CHAIR Trustee or director | 1 | $0 |
| JEFF SCOTT | TRUSTEE Trustee or director | 1 | $0 |
| JOEL BRENNAN | TRUSTEE Trustee or director | 1 | $0 |
| KAREN DAVIDSON | TRUSTEE Trustee or director | 1 | $0 |
| ANN TESMER | TRUSTEE Trustee or director | 1 | $0 |
| JEFF HEMBROCK | TRUSTEE Trustee or director | 1 | $0 |
| BECKY PINTER | TRUSTEE Trustee or director | 1 | $0 |
| MARJORIE RUCKER | TRUSTEE Trustee or director | 1 | $0 |
| SUE BELLEHUMEUR | BOARD CHAIR Trustee or director | 1 | $0 |
| TERRA MCKINNEY | TRUSTEE Trustee or director | 1 | $0 |
| CHRISTINE WISEMAN | TRUSTEE Trustee or director | 1 | $0 |
| YOLLANDE TCHOUAPI | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 37 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CHERNEY ISABELLE | PRESIDENT Trustee or director, Officer | 50 | $304,079 | $27,099 |
| FRIEDLEN KAREN | VICE PRESIDENT OF ACADEMIC AFFAIRS Officer | 50 | $140,144 | $27,634 |
| WEGENER DAVE | VICE PRESIDENT OF ENROLLMENT SERVICES Officer | 50 | $131,308 | $18,762 |
| ALIOTO KERI | VICE PRESIDENT OF STUDENT AFFAIRS Officer | 50 | $130,106 | $18,268 |
| BAILEY CHERYL | DEAN SCHOOL OF GRADUATE AND HEALTH Officer | 50 | $113,205 | $28,405 |
| STAPLETON ANDREA | VICE PRESIDENT OF MISSION AND JUSTICE Officer | 50 | $114,350 | $6,088 |
| SISTER DEBRA M SCIANO | SSND Trustee or director | 1 | $0 | $0 |
| SISTER JOAN ANDERT | SSND Trustee or director | 1 | $0 | $0 |
| SISTER SHARON SLEAR | SSND Trustee or director | 1 | $0 | $0 |
| EILEEN SCHWALBACH | SSND Trustee or director | 1 | $0 | $0 |
| J OMAR ANDRIETSCH | TRUSTEE Trustee or director | 1 | $0 | $0 |
| STEPHANIE RUSSELL | CHAIR Trustee or director | 1 | $0 | $0 |
| LENA LEE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LISA JANSEN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MARILKA VELEZ | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ANN NATTINGER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MARIE OBRIEN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DAVID JORGENSEN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MARGARET CALLAHAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MAY YER THAO | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DAVID KRUTZ | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SCOTT NAZE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ERICA-NICOLE HARRIS | VICE-CHAIR Trustee or director | 1 | $0 | $0 |
| JEFF SCOTT | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JOEL BRENNAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KAREN DAVIDSON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ANN TESMER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JEFF HEMBROCK | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BECKY PINTER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MARJORIE RUCKER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| GENEVA JOHNSON | EMERITUS Trustee or director | 1 | $0 | $0 |
| KATHRYN MAEGLI DAVIS | EMERITUS Trustee or director | 1 | $0 | $0 |
| GARY JORGENSON | EMERITUS Trustee or director | 1 | $0 | $0 |
| GARY ZIMMERMAN | EMERITUS Trustee or director | 1 | $0 | $0 |
| BETH HEIKKILA | TRUSTEE - ENDED SUMMER '24 Trustee or director | 1 | $0 | $0 |
| JESSICA HEIFER | TRUSTEE - ENDED SUMMER '24 Trustee or director | 1 | $0 | $0 |
| HEATHER HERLING | TRUSTEE - ENDED SUMMER '24 Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 38 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ROBERT O'KEEFE | VICE PRESIDENT Officer | 50 | $143,957 | $35,460 |
| KAREN FRIEDLEN | VICE PRESIDENT Officer | 50 | $132,186 | $39,378 |
| ISABELLE CHERNEY | PRESIDENT Trustee or director, Officer | 50 | $160,089 | $8,045 |
| PAM OWENS | VICE PRESIDENT Officer | 50 | $133,522 | $18,823 |
| DAVID WEGENER | VICE PRESIDENT Officer | 50 | $129,351 | $17,477 |
| KERI ALIOTO | VICE PRESIDENT Officer | 50 | $128,175 | $16,966 |
| ROBERT SCHWARTZ | CHIEF TRANSFORMATION AND INNOVATION OFFICER Highest-paid employee | 50 | $108,348 | $30,860 |
| CHERYL BAILEY | DEAN Highest-paid employee | 50 | $111,380 | $26,395 |
| DAVID SMITH | CIO Highest-paid employee | 50 | $119,743 | $11,715 |
| JANE OLSON | PROFESSOR (TERM. 07/2023) Highest-paid employee | 50 | $109,442 | $17,657 |
| KARI INDA | PROFESSOR AND CHAIR Highest-paid employee | 50 | $104,322 | $3,368 |
| STEPHANIE RUSSELL | CHAIR Trustee or director | 1 | $0 | $0 |
| ERICA-NICOLE HARRIS | VICE CHAIR Trustee or director | 1 | $0 | $0 |
| ANN NATTINGER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ANN TESMER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BETH HEIKKILA | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DAVID JORGENSEN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DAVID KRUTZ | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DR MARGARET CALLAHAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| EILEEN SCHWALBACH | TRUSTEE Trustee or director | 1 | $0 | $0 |
| HEATHER HERLING | TRUSTEE Trustee or director | 1 | $0 | $0 |
| J OMAR ANDRIETSCH | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JEFF SCOTT | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JESSICA HELFER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JOEL BRENNAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KAREN DAVIDSON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LENA LEE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LISA JANSEN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MARIE O'BRIEN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MARILKA VELEZ | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MARY JO LAYDEN | TRUSTEE (TERM. 06/2023) Trustee or director | 1 | $0 | $0 |
| MAY YER THAO | TRUSTEE Trustee or director | 1 | $0 | $0 |
| S SANDRA ANN WEINKE | TRUSTEE (TERM. 04/2023) Trustee or director | 1 | $0 | $0 |
| SCOTT NAZE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SISTER DEBRA SCIANO | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SISTER JANET ABBACCHI | TRUSTEE (TERM. 06/2023) Trustee or director | 1 | $0 | $0 |
| SISTER JOAN ANDERT | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SUE BELLEHUMEUR | TRUSTEE (TERM. 06/2023) Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2900 N MENOMONEE RIVER PKWY, MILWAUKEE, WI 53222-4545
- Principal officer (990 for 2024)
- DR ISABELLE CHERNEY, 2900 N MENOMONEE RIVER PARKWAY, MILWAUKEE, WI 53222
- Signed the 990
- DR ISABELLE CHERNEY, PRESIDENT
- Phone
- (414) 930-3033
- Website
- WWW.MTMARY.EDU
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
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.
Program accomplishments
- MOUNT MARY UNIVERSITY HAD APPROXIMATELY 876 UNDERGRADUATE AND 510 GRADUATE STUDENTS ENROLLED FOR THE FISCAL YEAR ENDING JUNE 30, 2025. FOR THE 2425 ACADEMIC YEAR, 304 DEGREES WERE AWARDED (38 DOCTORATE, 114 MASTERS, 7 BACCALAUREATE CERTIFICATES AND 145 BACCALAUREATE DEGREES) WERE AWARDED TO STUDENTS.Expenses $27,154,909 · grants $15,093,612 · revenue $27,985,825
- THE UNIVERSITY SERVICED APPROXIMATELY 1,386 STUDENTS WITH ADMISSIONS, RECRUITMENT, ORIENTATION, FINANCIAL AID, TUTORING, STUDENT ENGAGEMENT, CAMPUS MINISTRY, STUDENT ADVISING, FITNESS CENTER, CAREER DEVELOPMENT, COUNSELING CENTER, REGISTRAR, RESIDENT LIFE, INFORMATION TECHNOLOGY AND ATHLETIC TEAMS FOR SUPPORT OF THE WHOLE STUDENT.Expenses $3,834,390 · revenue $2,185,864
- THE UNIVERSITY SERVICED APPROXIMATELY 1,386 STUDENTS WITH VARIOUS STUDENT ENGAGEMENT AND COMMUNITY SUPPORTING INITIATIVES. I.E. STUDENT ADVISING, INTERNATIONAL CENTER FOR STUDENTS, COUNSELING CENTER, LIBRARYExpenses $1,887,388
What it must file and when
IRS records say it files Not required (church). Churches are not required to file. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 39-0806154
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Church
- Exempt since
- 1946
- Accounting year ends
- June
- Files
- Not required (church)
- Group exemption
- 0928: UNITED STATES CATHOLIC CONFERENCE
- Assets (IRS master file)
- $71,774,808
- Income (IRS master file)
- $51,622,509
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $40,298,948 | $42,934,360 | $71,774,808 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $40,497,861 | $41,422,659 | $73,289,994 | IRS |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $39,483,708 | $40,080,760 | $73,756,805 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $43,016,464 | $39,256,407 | $76,484,409 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 39-0806154).
Questions about MOUNT MARY UNIVERSITY INC
- What is the EIN of MOUNT MARY UNIVERSITY INC?
- The employer identification number (EIN) of MOUNT MARY UNIVERSITY INC is 39-0806154.
- Is MOUNT MARY UNIVERSITY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1946.
- Which annual return does MOUNT MARY UNIVERSITY INC file?
- Form Not required (church). Churches are not required to file.
- When is the next return of MOUNT MARY UNIVERSITY INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MOUNT MARY UNIVERSITY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of MOUNT MARY UNIVERSITY INC?
- The 990 for the year ended June 30, 2025 names DR ISABELLE CHERNEY.
- Who are the officers and directors of MOUNT MARY UNIVERSITY INC?
- The 990 for the year ended June 30, 2025 lists 40 people; 12 received compensation from the organization, the highest $305,306 (CHERNEY ISABELLE, PRESIDENT).
- How much revenue does MOUNT MARY UNIVERSITY INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $40,298,948, expenses of $42,934,360 and total assets of $71,774,808 at year end.
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