Overview
What is Mercy Health Services Inc?
Mercy Health Services Inc, based in Baltimore, Maryland, acts as a supporting entity for Mercy Medical Center, Stella Maris, and Mercy Health Foundation, all part of the Mercy Health System. With a team of 92 employees, Mercy Health Services aims to reinforce the objectives of these organizations, including providing leadership and contributing to their charitable missions. The Mercy Health System offers high-quality medical services, such as oncology and hematology, to the community, promoting improved patient care.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 95% (Four-Star out of Four Star rating)
Mercy Health Services Inc has earned a high rating of 95%, reflecting its strong commitment to financial accountability and community impact. The organization demonstrates an impressive Program Expense Ratio of 90.39%, indicating that a significant portion of its funds is directed towards its programs rather than administrative costs. Additionally, it has a low Liabilities to Assets Ratio of 14.56%, showcasing a stable financial situation that supports its operational sustainability.
The nonprofit excels in constituent engagement, with a perfect feedback collection and usage score of 100 out of 100. This indicates that the organization actively seeks input from those it serves and effectively incorporates that feedback into its services. Furthermore, it has high scores in equity strategies and policies, suggesting a dedicated focus on inclusiveness and equitable practices within its operations.
Despite the overall positive evaluation, the equity data score received a slight deduction, reflecting room for improvement in gathering and utilizing demographic information. However, the organization's strengths far outweigh this limitation, affirming its reputation as a reliable and effective nonprofit in the health services sector.
This AI summary has been generated from information found on Charity Navigator.
Is Mercy Health Services Inc legitimate?
Mercy Health Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mercy Health Services 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: $3,259,345
Professional Fundraising Fees: $0
Other Salaries and Wages: $18,921,311
For more financial information, click here
What is the mission statement of Mercy Health Services Inc?
Mercy Health Services Inc was established to support, benefit, and carry out the exempt purposes of Mercy Medical Center Inc, Stella Maris Inc, and Mercy Health Foundation Inc. This includes providing leadership for these organizations and their controlled subsidiaries within the Mercy Health System. Mercy Health Services Inc plays a crucial role in furthering the missions of these entities by offering essential assistance and guidance. The primary focus is on enhancing the impact and effectiveness of their charitable endeavors aimed at improving healthcare services and overall wellbeing.
Who is the CEO of Mercy Health Services Inc?
David N Maine Md is the President/Ceo (Ex Officio) of Mercy Health Services Inc. The CEO's salary of Mercy Health Services Inc is $1,158,146 and their total compensation is $1,184,065.
What is the revenue of Mercy Health Services Inc?
Mercy Health Services Inc's revenue in 2022 was $65,464,366.
Who are the executives of Mercy Health Services Inc and what are their salaries?
The average compensation at Mercy Health Services Inc during 2022 was $241,094. There are 92 employees at Mercy Health Services Inc.
Here are 38 key members and their salaries (Mercy Health Services Inc's CEO's salary is $1,158,146 and their total compensation is $1,184,065):
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- Other: $17,754
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- Other: $26,131
- Compensation: $1,603,727
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- Compensation: $622,744
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- Other: $15,291
- Compensation: $623,164
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- Other: $11,010
- Compensation: $611,650
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- Other: $21,845
- Compensation: $1,158,146
- Related: $0
- Other: $25,919
Where can I find the form 990 for Mercy Health Services Inc?
Mercy Health Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mercy Health Services Inc
Mercy Health Services Inc is a supporting organization, established to aid and further the objectives of Mercy Medical Center Inc, Stella Maris Inc, and Mercy Health Foundation Inc. By providing leadership for these entities and their controlled subsidiaries within the Mercy Health System, Mercy Health Services Inc plays a crucial role in enhancing their exempt purposes.
In simpler terms, Mercy Health Services Inc acts as a backbone for Mercy Medical Center Inc, Stella Maris Inc, and Mercy Health Foundation Inc, enabling them to effectively carry out their respective missions. This collective effort benefits the community by ensuring the continued provision of essential health-related services and support. Mercy Health Services Inc's commitment to its partner organizations underscores its dedication to improving overall wellbeing and enhancing the quality of life for those in need.
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Impact
October, 2024
Mercy Health Services Inc plays a crucial role in enhancing healthcare delivery within the community by providing leadership and support to Mercy Medical Center, Stella Maris, and the Mercy Health Foundation. It promotes high-quality specialty medical services, particularly through initiatives like the Lutherville Medical Oncology and Hematology program, which focuses on patient-centered care and advanced treatment options for those facing cancer and blood disorders.
By fostering collaboration among its various entities, Mercy Health Services Inc ensures a coordinated approach to health services, ultimately improving patient outcomes and access to care. Through its commitment to operational excellence and community well-being, it significantly contributes to the overall healthcare landscape in Baltimore and its surrounding areas. The foundation's dedicated efforts in areas of health leadership and specialty services underscore its impact on patient care and the health system as a whole.
This information is meant to be a general summary of Mercy Health Services 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: $1,425,589
- Program Service Revenue: $64,038,777
- Gross Receipts: $65,464,366
Assets and Liabilities:
- Total Assets: $49,951,877
- Total Liabilities: $7,775,984
- Net Assets: $42,175,893
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LUTHERVILLE HEMATOLOGY & ONCOLOGY
Revenue
$45,091,521
NORTH CALVERT ANESTHESIA REVENUE
Revenue
$15,378,908
MANAGEMENT FEE
Revenue
$3,568,348
Organization Details
Founding Year
1999
Phone
(410) 332-9313Principal Officer
David N Maine Md
Main Address
301 ST PAUL PLACE, BALTIMORE, MD, 21202
NTEE Category
Code: E22 - Health
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