Overview
What is Mercy Life Inc?
Mercy Life Inc, based in West Springfield, Massachusetts, is a nonprofit healthcare organization offering all-inclusive care for seniors in Western Massachusetts. As a Program of All-Inclusive Care for the Elderly (PACE), Mercy Life enables frail elderly individuals eligible for nursing-home-level care to live safely and independently at home. Their unique model provides comprehensive services, including medical care, social engagement, and support, through the Life Center - a combined medical clinic and adult day center. A team of healthcare professionals, including doctors, nurses, therapists, and home health aides, ensures quick responses to participants' changing needs, offering greater flexibility to maintain their safety at home within the Mercy Life community. Mercy Life is part of Trinity Health PACE and Trinity Health's compassionate healing presence. For further details, visit www.mymercylife.com.
Official website here: www.mymercylife.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Mercy Life Inc has received an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance, with a perfect score in this area. This rating is significant as it indicates a high level of transparency and responsible management of resources, essential for donor confidence and support. The organization’s focus on maintaining a majority of independent board members and a comprehensive audit process further reinforces its dedication to best practices in governance.
The organization demonstrates financial health, with a program expense ratio of 95.46%, indicating that a substantial portion of its funds is directed towards its programs rather than administrative costs. Additionally, Mercy Life Inc maintains a low liabilities to assets ratio of 30.73%, suggesting sound financial management and stability. The presence of essential policies, such as a conflict of interest policy and a whistleblower policy, showcases its commitment to ethical operations and accountability.
No notable limitations are reported in the data, suggesting that Mercy Life Inc operates effectively without any significant concerns regarding financial misconduct or governance issues. Overall, the organization appears to be a trustworthy and efficient nonprofit, making a positive impact in its area of focus.
This AI summary has been generated from information found on Charity Navigator.
Is Mercy Life Inc legitimate?
Mercy Life Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mercy Life Inc 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: $4,983,757
For more financial information, click here
Official website here: www.mymercylife.com
What is the mission statement of Mercy Life Inc?
Mercy Life Inc is a healthcare organization dedicated to providing comprehensive services for the elderly, allowing them to remain healthy, safe, and independent at home. As part of Trinity Health PACE and Trinity Health, Mercy Life serves in the spirit of the gospel as a compassionate and transforming healing presence within the community. The organization offers an all-inclusive care model for frail elders who require nursing-home-level care, featuring a full medical clinic and adult day center. A team of healthcare professionals, including doctors, nurses, physical therapists, home health aides, and others, provide quick responses to participants' changing needs and offer greater flexibility in ensuring their safety. Mercy Life's mission is to improve the quality of life for the elderly by delivering healthcare services that promote their well-being and enable them to age gracefully in their own homes.
Official website here: www.mymercylife.com
Who is the CEO of Mercy Life Inc?
Daniel Drake is the Director; President & Ceo of Mercy Life Inc. The CEO's salary of Mercy Life Inc is $0 and their total compensation is $710,847.
Official website here: www.mymercylife.com
What is the revenue of Mercy Life Inc?
Mercy Life Inc's revenue in 2022 was $24,547,360.
Official website here: www.mymercylife.com
Who are the executives of Mercy Life Inc and what are their salaries?
There 10 volunteers at Mercy Life Inc.
Here are 27 key members and their salaries (Mercy Life Inc's CEO's salary is $0 and their total compensation is $710,847):
- Compensation: $0
- Related: $1,084,373
- Other: $72,273
- Compensation: $0
- Related: $643,445
- Other: $133,814
- Compensation: $0
- Related: $611,248
- Other: $140,210
- Compensation: $0
- Related: $562,810
- Other: $148,037
- Compensation: $0
- Related: $412,703
- Other: $36,875
- Compensation: $0
- Related: $378,612
- Other: $55,150
- Compensation: $0
- Related: $316,213
- Other: $53,043
- Compensation: $0
- Related: $296,664
- Other: $45,762
- Compensation: $0
- Related: $265,598
- Other: $51,732
- Compensation: $0
- Related: $295,770
- Other: $18,865
- Compensation: $0
- Related: $252,807
- Other: $35,159
- Compensation: $0
- Related: $246,025
- Other: $41,837
- Compensation: $0
- Related: $214,712
- Other: $9,769
- Compensation: $0
- Related: $156,237
- Other: $37,763
- Compensation: $0
- Related: $150,604
- Other: $30,829
- Compensation: $0
- Related: $123,044
- Other: $13,367
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- 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
Official website here: www.mymercylife.com
Where can I find the form 990 for Mercy Life Inc?
Mercy Life Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mymercylife.com
Learn more at the official website: www.mymercylife.com
Mission Statement of Mercy Life Inc
Mercy Life Inc, a compassionate and transforming healing presence, is a healthcare organization dedicated to providing comprehensive services for the elderly. As a member of Trinity Health Pace and Trinity Health, Mercy Life embodies the spirit of the gospel in serving together. Mercy Life's unique model of care, called Program of All-Inclusive Care for the Elderly (PACE), enables frail elders who are eligible for nursing-home-level care to remain healthy, safe, and independent at home.
The Mercy Life team comprises doctors, nurses, physical therapists, home health aides, and other healthcare professionals, who offer quick responses and flexibility to participants' changing needs. The Life Center, an integral part of the program, provides a full medical clinic and adult day center in one facility. Here, participants can receive healthcare and social engagement in a safe, comfortable, and stimulating environment. Mercy Life's innovative approach ensures that seniors can live with dignity and enjoy a good quality of life.
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Impact
October, 2024
Mercy Life Inc significantly enhances the quality of life for seniors living in Western Massachusetts by providing tailored health care services that prioritize their well-being and independence. Through its unique Program of All-Inclusive Care for the Elderly (PACE), Mercy Life addresses the specific needs of frail elders who might otherwise require nursing home-level care.
The organization's model of care enables participants to remain in their homes, offering comprehensive services designed to keep them healthy, safe, and engaged with their communities. The Life Center, a vital component of the program, combines a full medical clinic and adult day center, fostering a space for both health care and social interaction. This setup not only meets medical needs but also addresses the emotional and social dimensions of well-being, encouraging seniors to live fulfilling lives.
Mercy Life’s dedicated team of health care professionals—including doctors, nurses, and therapists—provides prompt and flexible responses to the changing needs of participants. This responsive care model ensures that seniors receive the appropriate support to thrive in their homes, thereby reducing the need for hospitalizations and institutional care. By focusing on the health and independence of older adults, Mercy Life makes a profound impact on their lives and contributes positively to the community at large.
This information is meant to be a general summary of Mercy Life Inc. 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: $405,762
- Program Service Revenue: $23,562,554
- Gross Receipts: $24,547,360
Assets and Liabilities:
- Total Assets: $11,141,324
- Total Liabilities: $5,713,214
- Net Assets: $5,428,110
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CAPITATION REVENUE
Revenue
$23,562,554
Organization Details
Founding Year
2011
Phone
(413) 748-7223Principal Officer
Daniel Drake
Main Address
200 HILLSIDE CIRCLE 1, WEST SPRINGFIELD, MA, 01089
Website
www.mymercylife.comNTEE Category
Code: E91 - Health
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