Overview
What is Mercy Memorial Hospital Corporation?
Mercy Memorial Hospital Corporation, doing business as Promedica Monroe Regional Hospital, is a nonprofit healthcare organization based in Monroe, Michigan, with 1,263 employees. As part of Promedica Health System, Inc., it shares a mission to ensure equal access to high-quality, safe care, regardless of a patient's ability to pay. The hospital offers a broad range of services, including emergency medicine, surgical services, behavioral health care, comprehensive women's health services, cardiovascular services, an accredited sleep medicine center, and orthopedic services. In 2022, it served 5,815 inpatients, 161,836 outpatients, and 36,571 individuals seeking emergency care. The hospital contributed significantly to the community through community benefit expenditures, financial assistance, and other operations, totaling $41,992,000. These activities included free mammogram clinics, health screenings for underserved community members, internship opportunities for high school students with developmental disabilities, and partnerships with local organizations. The hospital provided $4,851,000 in community benefit through costs for treating Medicaid patients, and $1,173,000 in costs for treating Medicare patients, which were not included in the community benefit amount. In summary, Mercy Memorial Hospital Corporation demonstrates Promedica's mission and core values by providing comprehensive healthcare services to the community it serves.
Official website here: www.promedica.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Mercy Memorial Hospital Corporation has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The rating is based entirely on a single beacon score, showcasing the organization's dedication to transparent and responsible financial management. The nonprofit has demonstrated a commitment to governance, as evidenced by its majority independent board members and effective audit and oversight practices.
The organization excels in maintaining robust financial health, evidenced by a low liabilities-to-assets ratio of 25.14% and a program expense ratio of 78.23%, indicating that a significant portion of its resources is directed towards its mission. Furthermore, Mercy Memorial has established comprehensive policies, including conflict of interest and whistleblower policies, ensuring ethical operations and safeguarding organizational integrity.
While the data highlights numerous strengths, the summary does not indicate any specific limitations or challenges faced by Mercy Memorial Hospital Corporation. Overall, the nonprofit's high rating underscores its effectiveness and reliability as a charitable organization dedicated to serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is Mercy Memorial Hospital Corporation legitimate?
Mercy Memorial Hospital Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mercy Memorial Hospital Corporation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $55,256,203
For more financial information, click here
Official website here: www.promedica.org
What is the mission statement of Mercy Memorial Hospital Corporation?
Mercy Memorial Hospital Corporation is dedicated to delivering high-quality, comprehensive healthcare services to the community it serves. As part of Promedica Health System, a mission-driven, nonprofit organization, Mercy Memorial prioritizes patient-centered care, advanced technology, innovative programs, and family-oriented facilities. The hospital offers a broad range of inpatient and outpatient services, including emergency medicine, surgical services, behavioral health care, comprehensive women's health services, cardiovascular services, an accredited sleep medicine center, and orthopedic services. Mercy Memorial contributes significantly to the community through various initiatives, such as free mammogram clinics, health screenings for underserved individuals, Project Search, and community partnerships. The hospital also provides substantial financial assistance to those in need and collaborates with other nonprofit organizations to enhance healthcare access and support.
Official website here: www.promedica.org
Who is the CEO of Mercy Memorial Hospital Corporation?
Terrence Metzger is the Trustee, Physician of Mercy Memorial Hospital Corporation. The CEO's salary of Mercy Memorial Hospital Corporation is $0 and their total compensation is $5,479,619.
Official website here: www.promedica.org
What is the revenue of Mercy Memorial Hospital Corporation?
Mercy Memorial Hospital Corporation's revenue in 2022 was $165,495,818.
Official website here: www.promedica.org
Who are the executives of Mercy Memorial Hospital Corporation and what are their salaries?
The average compensation at Mercy Memorial Hospital Corporation during 2022 was $43,750. There are 1263 employees and 68 volunteers at Mercy Memorial Hospital Corporation.
Here are 36 key members and their salaries (Mercy Memorial Hospital Corporation's CEO's salary is $0 and their total compensation is $5,479,619):
- Compensation: $0
- Related: $387,289
- Other: $20,805
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $300,364
- Other: $6,313
- Compensation: $0
- Related: $387,645
- Other: $35,301
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $514,277
- Other: $1,571
- 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
- Compensation: $0
- Related: $649,473
- Other: $32,194
- Compensation: $0
- Related: $768,811
- Other: $11,829
- Compensation: $0
- Related: $315,991
- Other: $8,648
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Compensation: $0
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- Compensation: $0
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- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $1,605,830
- Other: $12,750
- Compensation: $0
- Related: $927,467
- Other: $44,223
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $5,476,040
- Other: $3,579
- Compensation: $0
- Related: $683,615
- Other: $6,102
- Compensation: $0
- Related: $2,435,815
- Other: $41,525
- Compensation: $0
- Related: $157,458
- Other: $2,442
- Compensation: $0
- Related: $466,247
- Other: $33,650
- Compensation: $214,011
- Related: $0
- Other: $3,297
- Compensation: $214,178
- Related: $0
- Other: $19,810
- Compensation: $234,765
- Related: $0
- Other: $1,761
- Compensation: $221,885
- Related: $0
- Other: $10,258
- Compensation: $368,182
- Related: $0
- Other: $32,072
Official website here: www.promedica.org
Where can I find the form 990 for Mercy Memorial Hospital Corporation?
Mercy Memorial Hospital Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.promedica.org
Learn more at the official website: www.promedica.org
Mission Statement of Mercy Memorial Hospital Corporation
Mercy Memorial Hospital Corporation, a mission-driven, locally owned nonprofit healthcare organization, is dedicated to delivering high-quality, comprehensive healthcare services to the people and communities it serves. With a strong focus on core values, the organization offers a broad range of inpatient and outpatient services, including emergency medicine, surgical services, behavioral health care, comprehensive women's health services, cardiovascular services, an accredited sleep medicine center, and orthopedic services. Mercy Memorial's extensive outpatient cancer center is part of the Promeda Cancer Institute and provides radiation and medical oncology services, while the hospital's Cancer Connection offers non-treatment services and support for Monroe County residents receiving cancer treatments.
The commitment to community outreach and engagement is reflected in the numerous programs and initiatives undertaken by Mercy Memorial. These include free mammogram clinics, which provide breast cancer screenings for uninsured or underinsured individuals, free and low-cost health screenings for underserved community members, and Project Search, an internship program that offers high school students with developmental disabilities the opportunity to gain work experience within the hospital. The organization also forms community partnerships with organizations such as Gabby's Grief Center and the River Raisin National Battlefield Park Visitor's Center. Mercy Memorial's financial assistance programs aim to ensure that all individuals have access to necessary healthcare services, regardless of their financial resources.
Mercy Memorial Hospital Corporation's unwavering dedication to its mission is evident in its efforts to provide high-quality healthcare to all patients, regardless of their race, creed, sex, national origin, disability, or age. The organization recognizes that not everyone possesses the ability to purchase essential medical care and, as such, offers financial assistance, recruits and trains healthcare professionals to serve the broader community, presents free educational classes, health fairs, and other community activities, and contributes to other nonprofit organizations to help them provide key services to their constituents.
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Impact
October, 2024
Mercy Memorial Hospital Corporation, operating as ProMedica Monroe Regional Hospital, significantly impacts the health and well-being of the Monroe, Michigan community. With a robust infrastructure that includes a 238-bed facility, it provides a wide array of inpatient and outpatient services, including emergency medicine, surgical services, behavioral health care, women's health services, and specialized programs for cardiovascular care and cancer treatment.
In 2022, the hospital served 5,815 inpatients and over 161,800 outpatients, along with more than 36,500 emergency care visits. This high level of service is complemented by a commitment to community welfare, demonstrated through contributions totaling nearly $42 million in community benefits which include financial assistance for patients lacking the means to pay for care. This financial support amounted to over $3 million in uncompensated care, reflecting the hospital’s dedication to ensuring that all individuals have access to the healthcare they need, regardless of their financial situation.
Mercy Memorial actively fosters community health through initiatives like free mammogram clinics, low-cost health screenings, and internship programs for students with developmental disabilities, aimed at promoting long-term employment. Additionally, partnerships with local organizations enhance the hospital's ability to respond to the unique needs of the community.
The hospital's economic impact extends beyond healthcare delivery; it generated over $42 million in net payroll, supporting 1,263 local jobs, and contributed significant tax revenue to state and local governments. By offering education and community health programs, Mercy Memorial Hospital Corporation effectively strengthens the overall health of the region while fulfilling ProMedica's mission to provide high-quality, comprehensive healthcare to all community members.
This information is meant to be a general summary of Mercy Memorial Hospital Corporation. 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 2022.
- Investment Income: $2,700,429
- Program Service Revenue: $157,612,407
- Gross Receipts: $165,495,818
Assets and Liabilities:
- Total Assets: $242,625,809
- Total Liabilities: $61,005,803
- Net Assets: $181,620,006
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET PATIENT SERVICES
Revenue
$157,084,443
AFFIL. ORG. RENT REV.
Revenue
$527,964
Organization Details
Founding Year
1971
Phone
(419) 252-5772Principal Officer
Terrence Metzger
Main Address
100 MADISON AVE ATTN TAX DEPT, TOLEDO, OH, 43604
Website
www.promedica.orgNTEE Category
Code: E220 - Health
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