Mhm Support Services

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 202553101 ✦ Chesterfield, MO ✦ Designated as a 501(c)(3)

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Overview

What is Mhm Support Services?

Mhm Support Services is an integral part of a group of tax-exempt organizations, sharing a common parent, and located at 14528 South Outer Forty Rd STE 100, Chesterfield, MO, 63017. With a large workforce of over 50,000 employees, this nonprofit organization specializes in centralized activities and functions. These essential services include treasury, information technology, clinical quality management, legal and compliance counsel, compensation and benefits, consulting, performance management, revenue management, capital management, clinical engineering, and clinical safety. Mhm Support Services empowers the supported organizations to further their exempt purposes by providing these vital services in a compassionate and exceptional manner, emulating the healing ministry of Jesus.


Official website here: www.mercy.net

What are the reviews and ratings of this charity?

Charity Navigator rating: 66% (Two-Star out of Four Star rating)

Mhm Support Services has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and transparency. The organization shows strengths in maintaining key governance policies, such as a conflict of interest policy and a whistleblower policy, both of which are essential for ethical operations. However, the lack of independent board members raises questions about governance practices and accountability.

While Mhm Support Services demonstrates a strong commitment to financial oversight, as evidenced by their perfect score for their audit and oversight committee, they face challenges with their liabilities to assets ratio, which is significantly high. This could suggest potential financial instability. Additionally, the absence of their tax form on their website, despite being required, detracts from their overall transparency.

Overall, Mhm Support Services excels in certain operational policies but needs to improve in areas related to board independence and financial stability to enhance their rating and community trust.


This AI summary has been generated from information found on Charity Navigator.

Is Mhm Support Services legitimate?

Mhm Support Services is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mhm Support Services submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $49,442,098
Professional Fundraising Fees: $0
Other Salaries and Wages: $397,224,260

For more financial information, click here


Official website here: www.mercy.net

What is the mission statement of Mhm Support Services?

Mhm Support Services carries out the healing ministry of Jesus by offering compassionate care and exceptional services to its partner organizations. As an integral part of the controlled group of tax-exempt hospitals, Mhm Support Services provides essential services and functions that enable the hospitals to further their exempt purposes. These services include treasury, information technology, clinical quality management, legal and compliance counsel, compensation and benefits, consulting, performance management, revenue management, capital management, clinical engineering, and clinical safety. By offering these centralized services, Mhm Support Services allows the supported organizations to focus on their own mission and exempt purposes.


Official website here: www.mercy.net

Who is the CEO of Mhm Support Services?

Stephen L Mackin is the CEO of Mhm Support Services The CEO's salary of Mhm Support Services is $5,005,266 and their total compensation is $5,580,954.


Official website here: www.mercy.net

What is the revenue of Mhm Support Services?

Mhm Support Services's revenue in 2024 was $1,540,453,031.


Official website here: www.mercy.net

Who are the executives of Mhm Support Services and what are their salaries?

The average compensation at Mhm Support Services during 2024 was $8,278. There are 53958 employees and 1 volunteer at Mhm Support Services.

Here are 25 key members and their salaries (Mhm Support Services's CEO's salary is $5,005,266 and their total compensation is $5,580,954):


Brian Day (Svp, Financial Ops & Planning & Treasurer)
  • Compensation: $1,019,930
  • Related: $0
  • Other: $109,602
Philip Wheeler (Svp, General Counsel & Secretary)
  • Compensation: $2,211,200
  • Related: $0
  • Other: $25,854
Shannon Sock (Evp, Cso & Coo, President)
  • Compensation: $3,118,808
  • Related: $0
  • Other: $329,522
Jennifer Brown (Svp & Chief Legal Officer (Start 6/12/24))
  • Compensation: $0
  • Related: $0
  • Other: $0
Ajay Pathak (Svp, Chief Strategic Ventures Officer)
  • Compensation: $869,698
  • Related: $0
  • Other: $90,257
Betty Jo Rocchio (Svp, Chief Nurse Executive)
  • Compensation: $1,178,849
  • Related: $0
  • Other: $82,987
Catherine Codispoti (Senior Vp, Chief People Officer)
  • Compensation: $295,484
  • Related: $0
  • Other: $0
Cheryl L Matejka (Chief Financial Officer, Mercy Health)
  • Compensation: $1,593,070
  • Related: $0
  • Other: $140,367
Cynthia Mercer (Evp, Chief Administrative Officer)
  • Compensation: $3,887,570
  • Related: $0
  • Other: $134,007
Dave Thompson (Svp, Population Health & President, Contracted Revenue)
  • Compensation: $1,193,253
  • Related: $0
  • Other: $108,198
Jeffrey Ciaramita Md (President, Specialty Service Lines)
  • Compensation: $1,980,146
  • Related: $0
  • Other: $161,149
John G Helton Md (President, Primary Care)
  • Compensation: $1,605,300
  • Related: $0
  • Other: $175,200
John Mohart Md (President, Community Operations)
  • Compensation: $1,816,702
  • Related: $0
  • Other: $179,032
Joseph Kelly (Evp, Digital Transformation & Business Development Officer)
  • Compensation: $1,792,659
  • Related: $0
  • Other: $140,427
Kevin Minder (Svp, Mission & Community Health)
  • Compensation: $1,021,786
  • Related: $0
  • Other: $68,686
Stephen L Mackin (President, Mercy Health Ceo)
  • Compensation: $5,005,266
  • Related: $0
  • Other: $575,688
Andrew Runge (Coo, Mercy Hospital St. Louis)
  • Compensation: $779,447
  • Related: $0
  • Other: $95,318
David Ott (President, Commercial Contracting)
  • Compensation: $767,271
  • Related: $0
  • Other: $10,568
Jacquelynn Richmond (Svp, Deputy General Counsel)
  • Compensation: $1,551,497
  • Related: $0
  • Other: $108,160
Joseph Kahn Md (President Mercy Kids)
  • Compensation: $816,076
  • Related: $0
  • Other: $23,255
Matt Wright (President, Orthopedic Surgery And Sports Medicine)
  • Compensation: $1,016,655
  • Related: $0
  • Other: $86,736
James Britton (Former Key Employee)
  • Compensation: $2,570,286
  • Related: $0
  • Other: $236,506
Jeffrey A Johnston (Former Key Employee)
  • Compensation: $1,316,754
  • Related: $0
  • Other: $10,821
Marc Gunter (Former Key Employee)
  • Compensation: $449,873
  • Related: $0
  • Other: $27,376
Ron Trulove (Former Key Employee)
  • Compensation: $478,574
  • Related: $0
  • Other: $38,851


Official website here: www.mercy.net

Where can I find the form 990 for Mhm Support Services?

Mhm Support Services's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.mercy.net

Learn more at the official website: www.mercy.net

Mission Statement of Mhm Support Services

Mhm Support Services, a vital component of the controlled group of tax-exempt organizations, is dedicated to bringing the healing ministry of Jesus to life through compassionate care and exceptional service. As the Sisters of Mercy before them, Mhm Support Services embodies this mission by providing centralized activities, functions, and essential services that enable the supported organizations to carry out their exempt purposes.

Mhm Support Services' role is multifaceted, encompassing critical areas such as treasury, information technology, clinical quality management, legal and compliance counsel, compensation and benefits, consulting, performance management, revenue management, capital management, clinical engineering, and clinical safety. By offering these services, Mhm Support Services empowers the supported organizations to focus on their respective missions, ultimately improving the lives of those they serve.

In essence, Mhm Support Services acts as a backbone for the hospital members, ensuring that their operational needs are met while they continue to advance their exempt purposes. This collaborative approach allows for enhanced efficiency and effectiveness in delivering essential services to the communities they serve.

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Impact




October, 2024

Mhm Support Services plays a pivotal role in enhancing healthcare delivery by providing essential centralized support to hospital members within its network. By offering a comprehensive suite of services—including treasury, information technology, clinical quality management, legal and compliance counsel, and clinical safety—Mhm Support Services enables these hospitals to focus on their core mission of compassionate care and healing.

The organization’s commitment to excellence ensures that healthcare providers are equipped with the necessary tools and resources to maintain high standards of patient care and operational efficiency. This integrated support fosters a collaborative environment that is crucial for achieving optimal health outcomes for the community. Through its dedication to service and exceptional care, Mhm Support Services reinforces the critical mission of healing, echoing the legacy of the Sisters of Mercy. As a result, it makes a significant impact by enhancing the quality of healthcare services and promoting the well-being of those served in Chesterfield and beyond.




This information is meant to be a general summary of Mhm Support Services. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,540,453,031 (2024)
Expenses
$1,636,338,957 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $8,285,405
  • Program Service Revenue: $1,493,688,371
  • Gross Receipts: $1,540,453,031

Assets and Liabilities:

  • Total Assets: $689,585,405
  • Total Liabilities: $1,419,726,373
  • Net Assets: -$730,140,968

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SUPPORT SERVICE REVENUE

Revenue

$867,465,832

NET PATIENT SERVICE REVENUE

Revenue

$589,068,938

SHAREBACK REVENUE - ADMIN FEES

Revenue

$20,047,091

OTHER OPERATING REVENUE

Revenue

$16,382,595

RENTAL INCOME FROM RELATED ORGANIZATIONS

Revenue

$723,915

Organization Details

Founding Year

2004

NTEE Category

Code: E91 - Health

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