Mercy Medical Group Inc
- Assets
- $6.5m
- Revenue
- $4.1m
- Investments
- $0.0
- Employees
- 3
- Location
- Hartford, CT
- Founding
- 06/2014
- Data as of
- 06/2021
- EIN
- 45-4884805
Organization Overview
Mercy Medical Group Inc, operating under the name See Schedule O, is located in Hartford, CT. The organization was established in 2014. According to its NTEE Classification (E30) the organization is classified as: Ambulatory & Primary Health Care, under the broad grouping of Health Care and related organizations. As of 06/2021, See Schedule O employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. See Schedule O 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 06/2021, See Schedule O generated $4.1m 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 (19.9%) each year. All expenses for the organization totaled $7.0m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (18.8%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE HEALTH CARE SERVICES
Describe the Organization's Program Activity:
Part 3 - Line 4a
MERCY MEDICAL GROUP IS A MULTISPECIALTY GROUP OF PHYSICIANS PROVIDING PRIMARY AND SPECIALTY CARE TO PATIENTS THROUGHOUT THE PIONEER VALLEY.FOR MORE INFORMATION, PLEASE VISIT OUR WEBSITE: WWW.TRINITYHEALTHOFNE.ORG/MEDICALGROUP
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Silvanic Director; Secretary Through 12/20 | OfficerTrustee | 1 | $0 |
Sabrina Woodgett Director; Secretary As Of 1/21 | OfficerTrustee | 1 | $0 |
Paul Mancinone Director; Chair | OfficerTrustee | 1 | $0 |
Michelle Theroux Director; Vice Chair As Of 1/21 | OfficerTrustee | 1 | $0 |
Deborah Bitsoli Director And President | OfficerTrustee | 1 | $0 |
Paul Marchese Director, Vice Chair Through 12/20 | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Gbs Convergent Solutions Inc Billing Services | 6/29/19 | $1,138,837 |
Philip T Glynnmd Pc Physician Services | 6/29/19 | $5,968,435 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $2,912,705 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,129,272 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $126,692 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $16,789 |
| Payroll taxes | $9,482 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,143,303 |
| Advertising and promotion | $11,098 |
| Office expenses | $36,754 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,332,977 |
| Travel | $16,065 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $188,695 |
| All other expenses | $4,472 |
| Total functional expenses | $7,040,684 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,250 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $338,615 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $389,431 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,809,758 |
| Total assets | $6,546,054 |
| Accounts payable and accrued expenses | $206,240 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $50,796,347 |
| Total liabilities | $51,002,587 |
| Net assets without donor restrictions | -$44,456,533 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $6,546,054 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mercy Medical Group Inc has recieved totaling $3,000.
| Awarding Organization | Amount |
|---|---|
Massachusetts Alliance On Teen Pregnancy Inc Needham, MA PURPOSE: TO DEVELOP AND IMPLEMENT A MULTI-COMPONENT COMMUNITY WIDE INITIATIVE TO PREVENT TEEN PREGNANCY AND REDUCE TEEN BIRTH RATES | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
North End Community Health Committee Inc Boston, MA | $13,909,978 | $23,903,077 |
Meeting House Lane Medical Practice Pc Southampton, NY | $4,403,097 | $19,403,178 |
Samaritan Medical Practice Pc Watertown, NY | $8,374,909 | $9,985,737 |
Upstate Medical Anesthesiology Group Inc Syracuse, NY | $2,848,436 | $19,006,046 |
Mary M Gooley Hemophilia Center Inc Rochester, NY | $16,939,861 | $23,643,261 |
Coney Island Medical Practice Plan Pc Bronx, NY | $7,608,184 | $19,438,275 |
Flh Medical Pc Geneva, NY | $8,604,423 | $16,548,064 |
Community Health Center Of Cape Cod Inc Mashpee, MA | $18,908,636 | $20,126,644 |
National Harm Reduction Coalition New York, NY | $8,420,903 | $10,197,206 |
Betances Health Center New York, NY | $7,749,234 | $19,758,913 |
Claxton Medical Pc Ogdensburg, NY | $1,758,370 | $8,760,975 |
Tri County Family Medicine Program Dansville, NY | $7,969,197 | $18,073,691 |