Jane Frances Kennedy, RSM ‘60 Dorothy Kline, RSM ‘61 Martha Ann Kokinda ‘64 Constance Mary Kozel, RSM ‘55 Colman Krise, RSM ‘58 Mrs. Arlene Kulesa Mr. Alex Lacy Patricia Lapczynski, RSM Marie Larkin, RSM Robert Marie (Mildred) Lockman, RSM ‘65 Nancy Lydon, RSM Dr. Michael and Mrs. Tina MacDowell Antoinette Manley, RSM ‘87 Ms. Roxanne Mahle Mrs. Olga Mann Cindy March, RSM ‘80 Mrs. Linda Marek Mrs. Mary Jo Marek Mrs. Stephanie Marek Marie Therese Marques, RSM ‘63 Patricia McCann, RSM ‘69 Mary Jule Purcell McCarthy ‘52 Catherine McGroarty, RSM ‘74 Francine Greco McHugh, MSN, RN ‘92 Jennifer McHugh ‘10 Anne McLaughlin, RSM ‘63 Dorothy McLaughlin, RSM ‘54 Kelsie McNamara Cecilia Meighan, RSM ‘58 Mrs. Barbara C. Merdiushev Jean Messaros, RSM ‘73 Mrs. Anna Jane Cole Messinger Mr. and Mrs. John C. Metz
Mrs. Michaels Mary Davida Morgan, RSM ‘60 Noreen Mulherin, RSM Diedre Mullen, RSM Linda Mullen ‘09 Shaun Patrick Mulligan, RSM ‘56 Mrs. Mary L. Murphy Ruth Neely, RSM ‘96 Mr. and Mrs. Justin D. Noll Mary Elizabeth Rienzo Noll ‘47 Susan Marie Nowalis, RSM ‘55 Mary Vincent de Paul O’Connell, RSM Jane O’Donnell, RSM ‘69 Rear Admiral Sally Brice-O’Hara ViceCommand US Esther Ann O’Konski, RSM ‘64 Mrs. Patti O’Malia Marie Parker, RSM ‘71 Mary Magdalena Parker, RSM ‘52 Mrs. Madge Parkinson Rogers April Passetti Debra Passarella’12 Brenda Condusta Pavil’ 93 Anne Paye, RSM ‘52 Elinor Kane Perry ‘48 Christine Pierce ‘08 Jayne Pruitt, RSM William R. Reed, Ph.D. and Helene Flower Reed ‘66 Mrs. Laura Castellano Richards Carol Rittner, RSM ‘67 Ms. Whitney Rohm Pat & Jim Rosini Romaine Marie Shannon, RSM ‘59
Mrs. Eleanor Sheridan Mrs. Lizzy Shumaker Mrs. Melissa Marek Skurack Kathleen Smith, RSM ‘68 Dr. Donna Ayers Snelson Mrs. Maureen Snyder, RN Judith Geer Spitale ‘86 Miriam Francis Stadulis, RSM ‘62 Ms. Anne Marie Strain Mary Beth McNamara Sullivan ‘71 Mayon Sylvain, RSM ‘84 Mrs. Brenda Tabor Eileen Toole, RSM ‘63 Edna Hodges Troisi ‘48 Ann Turnbach, RSM ‘62 Mrs. Jeanne VanDuzer Ms. Meghan Vargas Mrs. Rose Marie White Mrs. Diane Wilfrid Father Donald Williams Catherine Mary Winters, RSM ‘60 Mrs. Marie Yandrofski
If your name is not included in the 2011–2012 President’s Donor Report, one of two things may have happened: 1. We made a mistake. We respect every friend, but if we lost your name from our lists, let us know. We apologize. 2. We received your gift before or after our 2011–2012 fiscal year (July 1–June 30). Please check your records to be sure the gift was made within those dates.
Jim Bebla Director of Development Misericordia University Dallas, PA 18612-1090 570-674-6740. View this report online at www.misericordia.edu
MISERICORDIA UNIVERSITY STATEMENT OF ACTIVITIES FOR THE YEAR ENDED JUNE 30, 2012 CHANGES IN UNRESTRICTED NET ASSETS: OPERATING REVENUES: Student tuition and fees, net of student scholarships Auxiliary enterprises Federal grants State grants Private gifts and grants Net investment gains Other sources Net assets released from restrictions, satisfaction of program restrictions Total operating revenues OPERATING EXPENSES: Instructional Student services Auxiliary enterprises Institutional support Academic support Government student aid and other Fundraising Total operating expenses Increase in unrestricted net assets from operating activities NONOPERATING: Net unrealized loss on interest rate swaps Unrealized losses on investments Minimum pension liability adjustment Increase in unrestricted net assets CHANGES IN TEMPORARILY RESTRICTED NET ASSETS: Private gifts and grants Net investment losses Change in value of split-interest agreements Net assets released from restrictions, satisfaction of program restrictions Increase in temporarily restricted net assets CHANGES IN PERMANENTLY RESTRICTED NET ASSETS: Private gifts and grants Change in value of beneficial interest in perpetual trusts Increase in permanently restricted net assets
48 | Misericordia University
$37,959,436 10,642,840 402,844 2,002,013 717,594 156,988 232,047 1,934,535 54,048,297
ECONOMIC IMPACT OF MISERICORDIA UNIVERSITY AS OF JUNE 30, 2012 Total Student Enrollment:
2,830 Fall ‘11; 2,762 Spring ‘12
Number of Employees:
359 full-time employees, 1,007 part time (including students)
Total Employee Payroll:
20.7 million
General Economic Impact
97.0 (2x $48.5 million budget)
Federal Income Tax Witheld
$2,415,000
Social Security Taxes Withheld (FICA):
$1,135,000
PA Withholding Taxes
$638,000
Local Withholding Taxes:
$255,000
Total Taxes Withheld from Employees:
$4.4 million
*Deceased
We didn’t mean to pass by you.
Please direct all inquiries about omissions to:
Financial Statement
18,478,617 8,595,862 7,624,104 7,068,258 4,567,870 856,430 1,074,540 48,265,681
Operating Budget (Net of university financial aid)
12/13 Approved 11/12 10/11
5,782,616
09/10 08/09
(2,557,063) (48,441) (704,576) 2,472,536
07/08
25
30
35
40
45
50
55
Millions
2,907,960 (886,221) 10,031 (1,934,535) 97,235
519,390 (75,673) 443,717
INCREASE IN NET ASSETS
3,013,488
NET ASSETS, BEGINNING NET ASSETS, ENDING
73,064,445 $76,077,933
2011–2012 Donor Report | C