Overview
What is Mercy Medical Corporation?
Mercy Medical Corporation, established in 1949, is a nonprofit organization based in Mobile, Alabama. Its primary mission is to provide healthcare services for the elderly. Over the years, Mercy Medical has operated a prepayment program called LifeCare, which covers future long-term care costs. LifeCare offers benefits such as managed care transitions and no increase in monthly fees, regardless of the level of care. However, Mercy Medical has been winding down its operations and has merged with Mercy Life of Alabama as of December 31, 2021. The combined entity continues to serve the community with compassionate and transformative healthcare services, following the tradition of the Sisters of Mercy.
Official website here: www.mercylifeal.com
Is Mercy Medical Corporation legitimate?
Mercy Medical Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mercy Medical 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: $0
For more financial information, click here
Official website here: www.mercylifeal.com
What is the mission statement of Mercy Medical Corporation?
Mercy Medical Corporation, in conjunction with Trinity Health, operates with a mission rooted in compassion and transformation. Following the spirit of the Sisters of Mercy, they strive to continue the healing ministry of Jesus Christ by providing community-based health care services. Their commitment is to address the holistic needs of individuals, encompassing physical, emotional, and social aspects, within a culture of inclusivity.
Official website here: www.mercylifeal.com
Who is the CEO of Mercy Medical Corporation?
Daniel Drake is the Director; President & Ceo of Mercy Medical Corporation. The CEO's salary of Mercy Medical Corporation is $0 and their total compensation is $751,458.
Official website here: www.mercylifeal.com
What is the revenue of Mercy Medical Corporation?
Mercy Medical Corporation's revenue in 2021 was $311,689.
Official website here: www.mercylifeal.com
Who are the executives of Mercy Medical Corporation and what are their salaries?
There 8 volunteers at Mercy Medical Corporation.
Here are 14 key members and their salaries (Mercy Medical Corporation's CEO's salary is $0 and their total compensation is $751,458):
- Compensation: $0
- Related: $611,248
- Other: $140,210
- Compensation: $0
- Related: $412,703
- Other: $36,875
- 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: $246,025
- Other: $41,837
- 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
Official website here: www.mercylifeal.com
Where can I find the form 990 for Mercy Medical Corporation?
Mercy Medical Corporation's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.mercylifeal.com
Learn more at the official website: www.mercylifeal.com
Mission Statement of Mercy Medical Corporation
Mercy Medical Corporation, in line with its mission, serves as a compassionate and transforming healing presence within communities. Emulating the spirit of the Gospel, this organization, in collaboration with Trinity Health, is dedicated to continuing the healing ministry of Jesus Christ. Their approach to community-based health care services is holistic, addressing the needs of the elderly individuals as a whole. In adherence to the tradition of the Sisters of Mercy, Mercy Medical Corporation is committed to providing health care services that foster inclusion, aligning with their mission to serve together and uphold a culture of compassion.
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Impact
October, 2024
Mercy Medical Corporation has made a significant impact on the health care landscape for the elderly in Southwest Alabama since its establishment in 1949. By offering a unique LifeCare program, the organization has provided a means for individuals to manage future long-term care costs through prepayment plans. This approach allows residents to enter at the independent living stage and age in place without worrying about increased monthly fees, easing financial stress for families and enhancing the quality of life for seniors.
The program supported a smooth transition of care, ensuring that as residents' needs changed, they remained in familiar surroundings and received appropriate support without additional financial burden. Mercy Medical's commitment to compassionate care is deeply rooted in the core values of the Sisters of Mercy, emphasizing a holistic approach to health care that emphasizes inclusivity and person-centered services.
As Mercy Medical Corporation transitioned to merge with Mercy Life of Alabama in 2021, its legacy of caring for the aging population continues through this related organization. This evolution highlights a lasting commitment to health care excellence, reflecting the organization's dedication to not just treat but to heal within the community. Through its services and mission, Mercy Medical Corporation has fostered a transformative presence in the lives of countless elderly residents and their families.
This information is meant to be a general summary of Mercy Medical 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 2021.
- Investment Income: $60,100
- Gross Receipts: $311,689
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
1948
Phone
(251) 287-8429Principal Officer
Daniel Drake
Main Address
PO BOX 7957, MOBILE, AL, 36670
Website
www.mercylifeal.comNTEE Category
Code: E21 - Health
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