Overview
What is Mercy Research?
Mercy Research is a significant research division within Mercy Health, located at 524 North Booneville Ave, Springfield, MO 65802. Comprising a team of clinicians, engineers, scientists, and business specialists, Mercy Research promotes medical research aimed at enhancing health and preventing diseases. This team is committed to improving patient care and advancing medicine through product design and development, as well as clinical validation. Their mission, reflecting the compassionate care and exceptional service of the Sisters of Mercy, is to advance the quality of healthcare for individuals and communities by leading in innovative clinical, scientific, and health services research.
Official website here: www.mercy.net
What are the reviews and ratings of this charity?
Charity Navigator Rating 79% - Three-Star out of Four Star Rating
Mercy Research has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The overall score is derived solely from the Accountability & Finance beacon, where the organization scored 79%. This rating highlights the charity's commitment to transparency and effective financial management, which is crucial for fostering donor trust.
The organization demonstrates strong practices in various areas, such as having an audit and oversight committee, implementing a conflict of interest policy, and maintaining a whistleblower policy. Additionally, no material diversion of assets was reported, and the charity successfully shares important documents like board meeting minutes, showcasing its dedication to operational integrity.
However, there is room for improvement in the liabilities to assets ratio, which stands at 51.02%. While this is a reasonable score, higher percentages may reflect stronger financial stability. Overall, Mercy Research shows a commendable commitment to accountability, despite facing some challenges in financial ratios that may concern potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Mercy Research legitimate?
Mercy Research is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mercy Research 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: $5,762,906
For more financial information, click here
Official website here: www.mercy.net
What is the mission statement of Mercy Research?
Mercy Research, as a key component of Mercy Health, is dedicated to promoting medical research that enhances health and prevents disease. This centralized research group, composed of clinicians, engineers, scientists, and business specialists, is committed to improving patient care and advancing medicine through product design and development, as well as clinical validation. Their mission is to lead in innovative clinical, scientific, and health services research, with the ultimate goal of enhancing the quality of healthcare for individuals and communities.
Official website here: www.mercy.net
What is the revenue of Mercy Research?
Mercy Research's revenue in 2024 was $4,616,406.
Official website here: www.mercy.net
Who are the executives of Mercy Research and what are their salaries?
There 1 volunteer at Mercy Research.
Here are 21 key members and their salaries:
- Compensation: $0
- Related: $534,225
- Other: $32,673
- Compensation: $0
- Related: $194,453
- Other: $17,131
- Compensation: $0
- Related: $561,290
- Other: $56,785
- Compensation: $0
- Related: $1,551,497
- Other: $108,160
- Compensation: $0
- Related: $805,479
- Other: $25,849
- Compensation: $0
- Related: $739,563
- Other: $14,785
- Compensation: $0
- Related: $871,181
- Other: $18,227
- Compensation: $0
- Related: $644,980
- Other: $47,101
- Compensation: $0
- Related: $486,613
- Other: $25,551
- Compensation: $0
- Related: $246,156
- Other: $55,320
- Compensation: $0
- Related: $576,833
- Other: $45,463
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $530,573
- Other: $29,029
- Compensation: $0
- Related: $1,816,702
- Other: $179,032
- Compensation: $0
- Related: $113,246
- Other: $22,663
- Compensation: $0
- Related: $115,092
- Other: $13,550
- Compensation: $0
- Related: $255,235
- Other: $17,993
- Compensation: $0
- Related: $120,308
- Other: $19,505
- Compensation: $0
- Related: $140,903
- Other: $9,285
- Compensation: $0
- Related: $2,211,199
- Other: $25,854
- Compensation: $0
- Related: $3,118,807
- Other: $329,522
Official website here: www.mercy.net
Where can I find the form 990 for Mercy Research?
Mercy Research'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 Research
Mercy Research, as an integral part of Mercy Health, embodies the healing ministry of Jesus through compassionate care and exceptional service, much like the Sisters of Mercy before them. This research organization is dedicated to promoting medical research that enhances health and prevents disease. Mercy Research serves as a centralized, multifaceted research group, comprising clinicians, engineers, scientists, and business specialists who are all committed to improving patient care and driving the continuous advancement of medicine. The core focus of Mercy Research lies in product design and development, as well as clinical validation, aiming to enhance the quality of healthcare for individuals and communities, positioning Mercy Research as a leader in innovative clinical, scientific, and health services research.
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Impact
July, 2024
Mercy Research's impact is significant in the field of medical research. Comprised of clinicians, engineers, scientists, and business specialists, Mercy Research is dedicated to improving patient care and advancing medicine. By focusing on product design, development, and clinical validation, Mercy Research plays a crucial role in enhancing the quality of healthcare for individuals and communities. As a leader in innovative clinical, scientific, and health services research, Mercy Research is committed to advancing the field of medicine and ultimately improving health outcomes.
This information is meant to be a general summary of Mercy Research. 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.
- Program Service Revenue: $3,339,149
- Gross Receipts: $4,616,406
Assets and Liabilities:
- Total Assets: $870,250
- Total Liabilities: $551,548
- Net Assets: $318,702
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESEARCH REVENUE
Revenue
$2,826,236
MANAGEMENT FEES
Revenue
$512,650
NET PATIENT SERVICE REVENUE
Revenue
$263
Organization Details
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