Mercy Medical Center
- Assets
- $235.5m
- Revenue
- $301.3m
- Investments
- $0.0
- Employees
- 2,201
- Location
- Rockville Centre, NY
- Founding
- 03/1946
- Data as of
- 12/2022
- EIN
- 11-1635088
Organization Overview
Mercy Medical Center, operating under the name Mercy Hospital, is located in Rockville Centre, NY. The organization was established in 1946. 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 12/2022, Mercy Hospital employed 2,201 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. 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 12/2022, Mercy Hospital generated $301.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $325.4m during the year ending 12/2022. While expenses have increased by 5.6% per year over the past 8 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
WE, AT CH, HUMBLY JOIN TOGETHER TO BRING CHRIST'S HEALING MISSION AND THE MISSION OF MERCY OF THE CATHOLIC CHURCH EXPRESSED IN CATHOLIC HEALTH CARE TO OUR COMMUNITIES.
Describe the Organization's Program Activity:
MERCY MEDICAL CENTER IS A 375 BED, NOT-FOR-PROFIT ACUTE CARE HOSPITAL SERVING THE HEALTHCARE NEEDS OF NASSAU COUNTY AND ITS SURROUNDING AREA. FOUNDED IN 1913 BY THE NURSING SISTERS OF THE CONGREGATION OF THE INFANT JESUS, MERCY MEDICAL CENTER HAS GROWN FROM A THREE FLOOR WOODEN STRUCTURE TO AN EXTENSIVE INSTITUTION OCCUPYING A 42-ACRE CAMPUS THAT HOUSES SOME OF THE MOST ADVANCED MEDICAL TECHNOLOGIES. IN 2022, THE MEDICAL CENTER HAD 11,384 DISCHARGES AND PROVIDED CARE FOR 33,378 EMERGENCY ROOM VISITS. IN ACCORDANCE WITH ITS MISSION AND PHILOSOPHY, THE MEDICAL CENTER PROVIDES CARE REGARDLESS OF THE INDIVIDUAL'S ABILITY TO PAY.
RESIDENTIAL CARE PROGRAMS: RESIDENTIAL AND HOME-BASED SERVICES FOR INDIVIDUALS WITH DISABILITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patrick O'shaughnessy DO President & CEO | OfficerTrustee | 50 | $0 |
Peter Scaminaci President/cao Thru 4/1/2022 | Officer | 50 | $0 |
Daniel Debarba Evp & CFO Thru 8/5/2022 | Officer | 50 | $0 |
Ronald W Steimel Former Cao | 0 | $0 | |
Patrick Minicus Evp & CFO As Of 12/12/2022 | Officer | 50 | $0 |
Fahim Ahmed Cmo | Officer | 50 | $637,661 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ew Howell Co Llc Construction | 12/30/22 | $4,285,364 |
Li Minimally Invasive Surg Pc Physician Services | 12/30/22 | $3,669,661 |
Progressive Emergency Phys Llc Physician Services | 12/30/22 | $2,150,784 |
Remi Holdings Llc Equipment Services | 12/30/22 | $1,019,289 |
Empire State Radiology Pc Physician Services | 12/30/22 | $834,168 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,686,456 |
| All other contributions, gifts, grants, and similar amounts not included above | $98,360 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,784,816 |
| Total Program Service Revenue | $294,873,584 |
| Investment income | $175,944 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $3,757,009 |
| Net Gain/Loss on Asset Sales | -$636,117 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $301,259,453 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $138,186 |
| 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. | $1,444,926 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $127,060,346 |
| Pension plan accruals and contributions | $8,301,178 |
| Other employee benefits | $22,590,753 |
| Payroll taxes | $10,430,271 |
| Fees for services: Management | $29,100 |
| Fees for services: Legal | $4,638 |
| Fees for services: Accounting | $10,000 |
| Fees for services: Lobbying | $33,177 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,638,015 |
| Advertising and promotion | $115,709 |
| Office expenses | $5,083,665 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $5,870,684 |
| Travel | $39,915 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $18,476 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,468,533 |
| Insurance | $8,643,710 |
| All other expenses | $30,764,475 |
| Total functional expenses | $325,366,381 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,191,332 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $89,267 |
| Accounts receivable, net | $34,270,326 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $4,469,878 |
| Prepaid expenses and deferred charges | $3,448,817 |
| Net Land, buildings, and equipment | $112,213,527 |
| Investments—publicly traded securities | $1,864,076 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $77,955,153 |
| Total assets | $235,502,376 |
| Accounts payable and accrued expenses | $35,543,794 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $2,206,601 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,949,230 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $194,970,080 |
| Total liabilities | $234,669,705 |
| Net assets without donor restrictions | -$1,031,405 |
| Net assets with donor restrictions | $1,864,076 |
| 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 | $235,502,376 |