Mercy Health Foundation Northwest Arkansas
- Assets
- $34.8m
- Revenue
- $7.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Rogers, AR
- Founding
- 03/1946
- Data as of
- 06/2021
- EIN
- 71-0601687
Organization Overview
Mercy Health Foundation Northwest Arkansas is located in Rogers, AR. The organization was established in 1946. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Mercy Health Foundation Northwest Arkansas 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 Foundation Northwest Arkansas generated $7.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 23.1% each year . All expenses for the organization totaled $7.0m during the year ending 06/2021. While expenses have increased by 20.8% 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.
Since 2015, Mercy Health Foundation Northwest Arkansas has awarded 29 individual grants totaling $14,482,583. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
AS THE SISTERS OF MERCY BEFORE US, WE BRING TO LIFE THE HEALING MINISTRY OF JESUS THROUGH OUR COMPASSIONATE CARE AND EXCEPTIONAL SERVICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MERCY HEALTH FOUNDATION NORTHWEST ARKANSAS HELPS LIVE MERCY'S MISSION TO PROVIDE CARE TO EVERYONE WHO NEEDS IT BY SUPPORTING CHARITY CARE AND COMMUNITY OUTREACH SERVICES. DONATIONS SUPPORT THE PROVISION OF CHARITY CARE AT MERCY FACILITIES, CAPITAL NEEDS, AND PROGRAMS IDENTIFIED TO BENEFIT PATIENTS CARED FOR AT MERCY HOSPITALS AND OUTREACH LOCATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pianalto Eric Chief Executive Officer | OfficerTrustee | 1 | $0 |
Ellison Clark Regional VP - Philanthropy | Officer | 50 | $0 |
Huntley Kelli VP Finance & Board Member | Officer | 2 | $0 |
Gossett Tim Board Member | Trustee | 1 | $0 |
Shell Heather Board Member | Trustee | 1 | $0 |
Short John Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Embassy Suites Rogers Event Hosting | 6/29/19 | $175,480 |
Apc Fund Raising | 6/29/19 | $120,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,026,078 |
| Related organizations | $1,499,441 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,315,746 |
| Noncash contributions included in lines 1a–1f | $2,199,411 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,841,265 |
| Total Program Service Revenue | $0 |
| Investment income | $459,177 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$119,554 |
| Net Income from Gaming Activities | $14,378 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,195,266 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,863,842 |
| Grants and other assistance to domestic individuals. | $39,902 |
| 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 | $1,287,666 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $297,212 |
| Payroll taxes | $0 |
| 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 | $167 |
| Advertising and promotion | $64,627 |
| Office expenses | $14,577 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $125,286 |
| Travel | $3,133 |
| 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 | $6,277 |
| Insurance | $0 |
| All other expenses | $39,728 |
| Total functional expenses | $6,959,530 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,474,238 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $3,548,036 |
| Accounts receivable, net | $0 |
| 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 | $92,935 |
| Net Land, buildings, and equipment | $52,743 |
| Investments—publicly traded securities | $28,386,337 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,239,583 |
| Total assets | $34,793,872 |
| Accounts payable and accrued expenses | $2,719 |
| Grants payable | $0 |
| Deferred revenue | $378,320 |
| 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 | $0 |
| Total liabilities | $381,039 |
| Net assets without donor restrictions | $15,792,631 |
| Net assets with donor restrictions | $18,620,202 |
| 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 | $34,793,872 |
Grants Awarded
Over the last fiscal year, Mercy Health Foundation Northwest Arkansas has awarded $2,786,922 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Rogers, AR PURPOSE: CAPITAL SUPPORT ITEMS | $1,664,429 |
Rogers, AR PURPOSE: PROGRAM SUPPORT | $1,117,243 |
Rogers, AR PURPOSE: PROGRAM SUPPORT | $5,250 |
Grants Recieved
Over the last fiscal year, we have identified 12 grants that Mercy Health Foundation Northwest Arkansas has recieved totaling $175,515.
| Awarding Organization | Amount |
|---|---|
Alice L Walton Foundation Bentonville, AR PURPOSE: COVID CLINICAL HEALTH SUPPORT | $73,000 |
Minneapolis Foundation Minneapolis, MN PURPOSE: HEALTH | $27,000 |
Alice L Walton Foundation Bentonville, AR PURPOSE: GENERAL OPERATING SUPPORT - HEALTH | $20,000 |
Wal-Mart Foundation Bentonville, AR PURPOSE: EXECUTIVE MATCHING GIFT PROGRAM | $15,000 |
Arkansas Community Foundation Inc Little Rock, AR PURPOSE: GENERAL FUND | $10,000 |
K T Wiedemann Foundation Inc Wichita, KS PURPOSE: GENERAL SUPPORT | $10,000 |
Endowment Analysis
| Beg. Balance | $600,000 |
| Ending Balance | $600,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dallas Methodist Hospitals Foundation Inc Dallas, TX | $153,905,809 | $19,053,620 |
Saint Francis Health System Inc General/Professional Liability Los Tulsa, OK | $35,657,077 | $16,772,953 |
Trustmark Corporation And Subsidiaries Medical Benefits Plan Jackson, MS | $3,860,668 | $18,984,113 |
Heart Of Texas Memorial Hospital Brady, TX | $57,981,362 | $27,695,651 |
Mississippi State University Educational Building Corporation Missisippi State, MS | $345,604,158 | $16,366,122 |
Paso Del Norte Health Foundation El Paso, TX | $268,661,526 | $12,325,026 |
Cmc Foundation Of Central Texas St Louis, MO | $62,748,063 | $28,416,525 |
Baptist Memorial Health Care Foundation Memphis, TN | $704,887,527 | $54,101,503 |
Saint Lukes Foundation Kansas City, MO | $267,580,144 | $14,180,351 |
Conway Regional Hospital Employees Medical Trust Conway, AR | $4,792,680 | $16,387,089 |
Lsu Health Foundation New Orleans New Orleans, LA | $163,045,964 | $16,219,820 |
Baker & Botts Llp Employees Health Care Trust Agreement Houston, TX | $7,386,009 | $15,322,087 |