Mercy Hospital

Organization Overview

Mercy Hospital is located in Portland, ME. The organization was established in 1947. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 09/2021, Mercy Hospital employed 1,837 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mercy Hospital is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 09/2021, Mercy Hospital generated $253.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (11.8%) each year. All expenses for the organization totaled $242.6m during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (12.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

MERCY HOSPITAL D/B/A NORTHERN LIGHT MERCY HOSPITAL CARRIES OUT THE HEALING WORK OF CHRIST BY PROVIDING CLINICALLY EXCELLENT, COMPASSIONATE HEALTHCARE FOR ALL, WITH SPECIAL CONCERN FOR THE POOR AND DISADVANTAGED.

Describe the Organization's Program Activity:

PROVIDE HEALTHCARE SERVICES REGARDLESS OF ABILITY TO PAY AS WELL AS EDUCATION, RESEARCH AND PROMOTION OF HEALTH. PROVIDED OTHER UNCOMPENSATED CARE (AT COST) OF $3,450,274


MEDICARE SHORTFALLS (AT COST) 45,746 PERSONS SERVED


MEDICAID SHORTFALLS (AT COST) 43,920 PERSONS SERVED


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Board, Officers & Key Employees

Name (title)Compensation
John Wahlig
Physician
$1,067,416
Nicolas F Arredondo
Physician
$816,388
Lee Thibodeau
Physician
$714,910
Christopher Kleeman
Medical Director
$568,265
Charles Therrien
Pres/ex-Off
$536,221
Craig Brett MD
Trustee/ex-Off
$530,006

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Chest Medicine Associates
Physician & Director Serv
$1,607,730
Spectrum Healthcare
Temp Staffing/phsn
$658,570
Ogrady-peyton International
Temp Staffing
$690,919
Southern Maine Orthopaedic
Physician Fees
$730,125
Hbcs
Collection Fees
$1,066,884
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$3,465,534
Government grants $2,330,238
All other contributions, gifts, grants, and similar amounts not included above$522,614
Noncash contributions included in lines 1a–1f $39,429
Total Revenue from Contributions, Gifts, Grants & Similar$6,318,386
Total Program Service Revenue$246,553,773
Investment income $384,098
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $300,619
Net Gain/Loss on Asset Sales -$1,263,608
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory -$8,782
Miscellaneous Revenue$0
Total Revenue $253,284,486

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Mercy Hospital has recieved totaling $100,000.

Awarding OrganizationAmount
Organization Name not Listed

PURPOSE: GENERAL OPERATING SUPPORT

|

$100,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$3,558,084
Earnings$620,156
Net Contributions$28,673
Other Expense$90,133
Ending Balance$4,116,780

Peer Organizations

Organization NameAssets
Concord Hospital Inc
Concord, NH
$622,809,517
Elliot Hospital Of The City Of Manchester
Manchester, NH
$594,778,887
Catholic Medical Center
Manchester, NH
$548,724,237
Central Maine Medical Center
Lewiston, ME
$415,757,957
Exeter Hospital Inc
Exeter, NH
$318,717,288
Southern New Hampshire Medical Center
Nashua, NH
$313,798,950
St Marys Regional Medical Center
Lewiston, ME
$248,635,435
St Joseph Hospital Of Nashua Nh
Nashua, NH
$272,191,009
Mercy Hospital
Portland, ME
$253,284,486
Cheshire Medical Center
Keene, NH
$247,398,804
York Hospital
York, ME
$221,452,190
St Joseph Hospital
Bangor, ME
$183,023,757

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