Overview
What is Cleveland Clinic Mercy Hospital?
Cleveland Clinic Mercy Hospital is a 476-bed nonprofit healthcare institution located in Independence, Ohio. It serves Stark, Carroll, Wayne, Holmes, and Tuscarawas counties and parts of southeastern Ohio, with over 600 medical staff members and a workforce exceeding 2,500 people. The hospital maintains outpatient health centers in various locations. Mercy upholds the mission and philosophy of the Sisters of St. Augustine and prioritizes community needs. The hospital was granted an 'A' by The Leapfrog Group for its patient safety and high standards. It has received numerous awards, including from the American Heart Association and American Stroke Association, for its heart attack and stroke treatment. Mercy also received recognition from the Healthy Business Council of Ohio and the American College of Cardiology for its commitment to employee wellness and heart failure expertise. The hospital's sleep labs have earned accreditation from the American Academy of Sleep Medicine, and it is Energy Star certified for superior energy performance. Cleveland Clinic Mercy Hospital provides quality, compassionate, and affordable healthcare services.
Official website here: www.cantonmercy.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)
Cleveland Clinic Mercy Hospital has received an 81% score from Charity Navigator, indicating a solid level of accountability and finance management. The score is derived entirely from its accountability and finance practices, reflecting the organization's commitment to transparency. The high percentage of independent board members and the presence of comprehensive policies support its good standing.
The hospital demonstrates strong financial health, with a program expense ratio of 91.55%, showing that a significant portion of its expenditures are directed towards its programs. Additionally, it has been noted for having no material diversion of assets, which highlights the integrity and proper management of its resources. The audit of financial statements has also received full marks, further bolstering confidence in the hospital's fiscal responsibility.
However, the organization faces a limitation with its liabilities to assets ratio, which is at 72.48%. This indicates that the hospital may have a higher level of liabilities compared to its assets, potentially raising concerns about its long-term financial sustainability. Despite this, the overall accountability measures in place are commendable, and the organization is recognized for its effective governance and operational practices.
This AI summary has been generated from information found on Charity Navigator.
Is Cleveland Clinic Mercy Hospital legitimate?
Cleveland Clinic Mercy Hospital is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cleveland Clinic Mercy Hospital 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: $2,562,635
Professional Fundraising Fees: $0
Other Salaries and Wages: $113,600,674
For more financial information, click here
Official website here: www.cantonmercy.com
What is the mission statement of Cleveland Clinic Mercy Hospital?
Cleveland Clinic Mercy Hospital is dedicated to delivering quality, compassionate, accessible, and affordable healthcare services as part of its mission. In alignment with its Catholic healthcare organization status, Mercy Medical Center aims to continue Christ's healing ministry by providing comprehensive care for the whole person. Following a member substitution agreement on February 1, 2021, the Cleveland Clinic Foundation became the sole member of Mercy Medical Center, Inc., leading to the hospital's name change to Cleveland Clinic Mercy Hospital.
Official website here: www.cantonmercy.com
Who is the CEO of Cleveland Clinic Mercy Hospital?
Thomas J Strauss is the President & Ceo of Cleveland Clinic Mercy Hospital. The CEO's salary of Cleveland Clinic Mercy Hospital is $0 and their total compensation is $1,100,097.
Official website here: www.cantonmercy.com
What is the revenue of Cleveland Clinic Mercy Hospital?
Cleveland Clinic Mercy Hospital's revenue in 2020 was $331,123,927.
Official website here: www.cantonmercy.com
Who are the executives of Cleveland Clinic Mercy Hospital and what are their salaries?
The average compensation at Cleveland Clinic Mercy Hospital during 2020 was $38,161. There are 3044 employees and 18 volunteers at Cleveland Clinic Mercy Hospital.
Here are 29 key members and their salaries (Cleveland Clinic Mercy Hospital's CEO's salary is $0 and their total compensation is $1,100,097):
- Compensation: $0
- Related: $1,032,155
- Other: $67,942
- Compensation: $0
- Related: $458,924
- Other: $74,092
- Compensation: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Compensation: $0
- Related: $359,859
- Other: $44,292
- Compensation: $307,183
- Related: $0
- Other: $53,242
- Compensation: $269,477
- Related: $0
- Other: $44,170
- Compensation: $229,712
- Related: $0
- Other: $45,057
- Compensation: $218,449
- Related: $0
- Other: $46,211
- Compensation: $143,623
- Related: $0
- Other: $33,428
- Compensation: $130,500
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $839,895
- Related: $0
- Other: $68,794
- Compensation: $357,256
- Related: $0
- Other: $29,029
- Compensation: $291,426
- Related: $0
- Other: $39,213
- Compensation: $267,997
- Related: $0
- Other: $39,800
- Compensation: $196,595
- Related: $0
- Other: $37,128
- Compensation: $206,604
- Related: $0
- Other: $22,011
Official website here: www.cantonmercy.com
Where can I find the form 990 for Cleveland Clinic Mercy Hospital?
Cleveland Clinic Mercy Hospital's most recent form 990 was submitted in 2020 and can be accessed here.
Official website here: www.cantonmercy.com
Learn more at the official website: www.cantonmercy.com
Mission Statement of Cleveland Clinic Mercy Hospital
Cleveland Clinic Mercy Hospital, as a Catholic healthcare organization, is dedicated to continuing Christ's healing ministry by providing quality, compassionate, accessible, and affordable care for the whole person. The hospital's mission is to offer healthcare services that prioritize the wellbeing of individuals, focusing on their physical, emotional, and spiritual needs.
On February 1, 2021, the Cleveland Clinic Foundation became the sole member of Mercy Medical Center, Inc., with the Sisters of Charity of St. Augustine Health System, the prior sole member, transferring ownership under the terms of a member substitution agreement. Following this transition, Mercy Medical Center, Inc., adopted the name Cleveland Clinic Mercy Hospital to reflect its new affiliation. Despite the name change, the hospital's commitment to its mission remains unwavering.
As a part of the Cleveland Clinic system, Cleveland Clinic Mercy Hospital benefits from the resources and expertise of a renowned healthcare organization. It continues to prioritize quality care, ensuring that patients receive the best possible treatment and attention. Through its compassionate approach, the hospital strives to make a difference in the lives of those it serves, offering hope and healing to those in need.
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Impact
October, 2024
Cleveland Clinic Mercy Hospital significantly enhances healthcare accessibility and quality for communities across Stark, Carroll, Wayne, Holmes, and Tuscarawas counties, as well as parts of Southeastern Ohio. Operating a 476-bed facility, the hospital employs over 2,500 individuals and has more than 600 medical staff members, showcasing a strong commitment to both employment and local health services.
Recognized for its safety and quality standards, Mercy Hospital received an 'A' from the Leapfrog Group's Hospital Safety Grade, highlighting its efforts in safeguarding patients and preventing medical errors. Furthermore, the hospital has achieved multiple awards from the American Heart Association, including the Get With The Guidelines Gold Plus Quality Achievement Award for its dedication to effective stroke treatment, heart failure management, and improving outcomes for patients experiencing severe heart attacks.
Mercy also prioritizes employee wellness, receiving the 2019 Healthy Worksite Gold Level Award, reflecting its commitment to promoting health and productivity among staff. The hospital's innovative services, such as the new Musculoskeletal Center and the first AquaBlation therapy for BPH in Ohio, are indicative of its commitment to advancing medical technology and treatment options.
The hospital’s environmental initiatives have not gone unnoticed; it has earned the U.S. EPA's Energy Star certification for superior energy performance for twelve consecutive years, underlining its commitment to sustainability. Additionally, its sleep medicine facilities have received accreditation from the American Academy of Sleep Medicine, ensuring high-quality care for sleep disorders.
In summary, Cleveland Clinic Mercy Hospital plays a vital role in providing comprehensive, compassionate, and quality healthcare to its community while maintaining a focus on innovation, safety, employee wellness, and environmental stewardship.
This information is meant to be a general summary of Cleveland Clinic Mercy Hospital. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2020.
- Investment Income: -$38,892
- Program Service Revenue: $303,028,443
- Gross Receipts: $331,209,091
Assets and Liabilities:
- Total Assets: $189,855,989
- Total Liabilities: $137,618,352
- Net Assets: $52,237,637
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT CARE
Revenue
$301,779,906
PROGRAM RENTAL INCOME
Revenue
$1,248,537
Organization Details
Founding Year
1999
Phone
(330) 489-1000Principal Officer
Thomas J Strauss
Main Address
CO 6801 BRECKSVILLE ROAD RK1-85, INDEPENDENCE, OH, 44131
Website
www.cantonmercy.comNTEE Category
Code: E220 - Health
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