Mercy Health Services Inc

Organization Overview

Mercy Health Services Inc is located in Baltimore, MD. The organization was established in 1946. According to its NTEE Classification (E31) the organization is classified as: Group Health Practices, under the broad grouping of Health Care and related organizations. As of 06/2021, Mercy Health Services Inc employed 85 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Mercy Health Services Inc 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, Mercy Health Services Inc generated $61.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 17.8% each year . All expenses for the organization totaled $60.5m during the year ending 06/2021. While expenses have increased by 17.1% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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 HEALTH SERVICES, INC WAS FORMED FOR THE SOLE PURPOSE OF SUPPORTING, BENEFITING OR CARRYING OUT SOME OR ALL OF THE EXEMPT PURPOSES OF MERCY MEDICAL CENTER, INC (MMC), STELLA MARIS, INC (SM), AND MERCY HEALTH FOUNDATION, INC (MHF), INCLUDING BY PROVIDING LEADERSHIP FOR MMC, SM, MHF, AND ALL OTHER CONTROLLED SUBSIDIARIES OF MERCY HEALTH SYSTEM (COLLECTIVELY, THE "HEALTH SYSTEM").

Describe the Organization's Program Activity:

LUTHERVILLE MEDICAL ONCOLOGY AND HEMATOLOGY PROVIDES HIGH QUALITY SPECIALTY MEDICAL SERVICES TO THE COMMUNITY TO PROMOTE THE QUALITY OF PATIENT CARE BY THE MERCY HEALTH SYSTEM.


NORTH CALVERT ANESTHESIOLOGY SERVICES, LLC PROVIDES ALL ANESTHESIOLOGY SERVICES WITHIN MERCY MEDICAL CENTER, INC.


MERCY HEALTH SERVICES, INC WAS FORMED FOR THE EXEMPT PURPOSES OF SUPPORTING, BENEFITING OR CARRYING OUT SOME OR ALL OF THE PURPOSES OF MERCY MEDICAL CENTER, INC., STELLA MARIS INC., MARYLAND FAMILY CARE INC., ST. PAUL PLACE SPECIALIST, AND MERCY HEALTH FOUNDATION. IN DECEMBER 2011 MERCY MEDICAL CENTER OPENED A NEW HOSPITAL FACILITY THAT WILL CONTINUE TO PROVIDE QUALITY HEALTHCARE TO THE RESIDENT'S OF BALTIMORE CITY AND BEYOND, REGARDLESS OF ECONOMIC MEANS.


MERCY HEALTH SERVICES, INC, AS 50% OWNER OF MERCY RIDGE, INC. PROVIDES MANAGEMENT SUPPORT, INCLUDING FINANCIAL AID AND IT SUPPORT TO MERCY RIDGE'S CONTINUING CARE RETIREMENT FACILITY. MANAGEMENT SUPPORT FOR MERCY RIDGE CONSISTS OF ASSISTING THE ORGANIZATION WITH FULFILLING ITSMISSION TO PROVIDE A RETIREMENT FACILITY AND ITS RESIDENTS WITH A DIGNIFIED AND FULFILLING LIFESTYLE, AS WELL AS COMPASSIONATE CARE + ASSISTED LIVING OPTIONS WHEN NEEDED.


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Board, Officers & Key Employees

Name (title)Compensation
Thomas R Mullen
Former President/ceo
$1,298,165
David N Maine MD
President/ceo (beg Jul)
$1,194,244
John Topper
Executive Vp/cro
$771,641
Jung-In Lee MD
Physician
$634,927
James Lin MD
Physician
$614,817
Charles Lin MD
Physician
$610,856

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Marianne F Bitner
Certified Registered Nurse Anesthetist S
$117,240
Marquette Associates Inc
Investment Consulting
$216,250
Abeo Management Corporation
Billing Service
$775,534
Systematic Financial Management Lp
Investment Management
$100,007
View All Vendors

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$59,733,822
Investment income $1,273,424
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $11,524
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $61,018,770

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Mercy Health Services Inc has recieved totaling $110,000.

Awarding OrganizationAmount
Crane Family Foundation Inc

Baltimore, MD

PURPOSE: FAMILY VIOLENCE RESPONSE PROGRAM AND GENERAL SUPPORT

$110,000
View Grant Recipient Profile

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