Overview
What is Mercy Health?
Mercy Health is a tax-exempt nonprofit organization based in Chesterfield, Missouri. It is affiliated with the Catholic Church and holds a group exemption ruling from the United States Conference of Catholic Bishops. Mercy Health serves as the sole corporate member of over 50 other tax-exempt organizations, which include hospitals, foundations, and medical group/physician clinic organizations. All these organizations contribute to Mercy Health's mission, which is rooted in the compassionate care and exceptional service inspired by the Sisters of Mercy. Their collective efforts aim to bring Jesus' healing ministry to life.
Official website here: www.mercy.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Star rating)
Mercy Health has received an 84% rating from Charity Navigator, indicating a solid performance in accountability and finance. The rating is derived from a comprehensive assessment focusing on financial health, governance, and transparency. The organization demonstrates strong governance practices, with 84% of its board members being independent and a robust conflict of interest policy in place.
The charity excels in financial management, as evidenced by a high program expense ratio of 99.87%, which reflects that nearly all of its expenses are directed toward its programs rather than administrative costs. Additionally, Mercy Health has no reported material diversion of assets, suggesting effective oversight and integrity in its financial operations.
However, the charity's liabilities to assets ratio of 65.37% could indicate a potential concern regarding financial stability, as it may reflect a higher level of debt relative to its assets. Continued monitoring of this ratio will be essential for evaluating the long-term financial health of the organization. Overall, Mercy Health appears to be a responsible choice for donors who value transparency and accountability in nonprofit organizations.
This AI summary has been generated from information found on Charity Navigator.
Is Mercy Health legitimate?
Mercy Health is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mercy Health 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: $0
For more financial information, click here
Official website here: www.mercy.net
What is the mission statement of Mercy Health?
Mercy Health carries forward the healing ministry of Jesus through compassionate care and exceptional service, inspired by the Sisters of Mercy before them. They operate as a tax-exempt organization under IRC section 501(c)(3) and 170(b)(1)(A)(1), providing essential services through various tax-exempt organizations, including hospitals, foundations, and medical group/physician clinic organizations. All these organizations contribute significantly to Mercy Health's mission.
Official website here: www.mercy.net
Who is the CEO of Mercy Health?
Stephen L Mackin is the CEO of Mercy Health The CEO's salary of Mercy Health is $0 and their total compensation is $5,580,954.
Official website here: www.mercy.net
What is the revenue of Mercy Health?
Mercy Health's revenue in 2024 was $172,921,541.
Official website here: www.mercy.net
Who are the executives of Mercy Health and what are their salaries?
There 11 volunteers at Mercy Health.
Here are 28 key members and their salaries (Mercy Health's CEO's salary is $0 and their total compensation is $5,580,954):
- Compensation: $0
- Related: $5,005,266
- Other: $575,688
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $2,570,286
- Other: $236,506
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $1,593,070
- Other: $140,367
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $2,211,200
- Other: $25,854
- Compensation: $0
- Related: $869,698
- Other: $90,257
- Compensation: $0
- Related: $1,178,849
- Other: $82,987
- Compensation: $0
- Related: $295,484
- Other: $0
- Compensation: $0
- Related: $1,193,253
- Other: $108,198
- Compensation: $0
- Related: $1,980,146
- Other: $161,149
- Compensation: $0
- Related: $1,605,300
- Other: $175,200
- Compensation: $0
- Related: $1,816,702
- Other: $179,032
- Compensation: $0
- Related: $1,792,659
- Other: $140,427
- Compensation: $0
- Related: $1,021,786
- Other: $68,686
- Compensation: $0
- Related: $3,118,808
- Other: $329,522
- Compensation: $0
- Related: $3,887,570
- Other: $134,007
- Compensation: $0
- Related: $1,316,754
- Other: $10,821
- Compensation: $0
- Related: $449,873
- Other: $27,376
Official website here: www.mercy.net
Where can I find the form 990 for Mercy Health?
Mercy Health'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 Mercy Health
Mercy Health, inspired by the healing ministry of Jesus, embodies compassionate care and exceptional service, much like the Sisters of Mercy before them. The organization, recognized as tax-exempt under IRC section 501(c)(3) and 170(b)(1)(A)(1), carries out its mission through various essential tax-exempt entities it leads. These entities include, but are not limited to, hospitals, foundations, and medical group or physician clinic organizations. Mercy Health serves as the sole corporate member of these entities, which in turn are the sole corporate members of over 50 other tax-exempt organizations. These affiliated organizations play a crucial role in advancing Mercy Health's exempt purpose. By combining resources and expertise, Mercy Health is able to expand its reach and impact, creating a holistic network of compassionate healthcare services.
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Impact
October, 2024
Mercy Health profoundly impacts the communities it serves by embodying the healing ministry and compassionate care principles rooted in its mission. By providing exceptional healthcare services, Mercy Health fosters not only physical well-being but also emotional and spiritual healing. Its extensive network of hospitals, foundations, and medical clinics ensures that a wide range of healthcare needs are addressed, promoting holistic health in the communities.
The organization plays a critical role in enhancing access to care, especially for underserved populations, through various initiatives and partnerships. By prioritizing patient-centered care, Mercy Health builds strong relationships with those it serves, ultimately improving health outcomes and quality of life.
Furthermore, Mercy Health's integration with numerous tax-exempt organizations amplifies its reach and effectiveness in delivering healthcare. In this way, it strengthens community health systems, champions preventive care, and contributes to the overall well-being of the populations within its service area. The organization's commitment to service exemplifies its dedication to creating healthier communities and living out its mission of compassion and care.
This information is meant to be a general summary of Mercy Health. 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 2024.
- Investment Income: $172,921,541
- Gross Receipts: $172,921,541
Assets and Liabilities:
- Total Assets: $4,269,317,052
- Total Liabilities: $2,600,470,381
- Net Assets: $1,668,846,671
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Organization Details
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