Mercy Catholic Medical Center Of Southeastern Pa
- Assets
- $110.9m
- Revenue
- $236.0m
- Investments
- $1.1m
- Employees
- 2,769
- Location
- Newtown Square, PA
- Founding
- 03/1946
- Data as of
- 06/2022
- EIN
- 23-1352191
Organization Overview
Mercy Catholic Medical Center Of Southeastern Pa, operating under the name Mercy Fitzgerald Hospital, is located in Newtown Square, PA. 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 06/2022, Mercy Fitzgerald Hospital employed 2,769 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Mercy Fitzgerald 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 06/2022, Mercy Fitzgerald Hospital generated $236.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.7%) each year. All expenses for the organization totaled $230.9m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (5.7%) per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE HEALTH CARE AND HOSPITAL SERVICES
Describe the Organization's Program Activity:
Part 3 - Line 4a
MERCY CATHOLIC MEDICAL CENTER OF SOUTHEASTERN PENNSYLVANIA OPERATES MERCY FITZGERALD HOSPITAL, AN ACUTE-CARE HOSPITAL WHOSE HISTORY STARTED MORE THAN 90 YEARS AGO. MERCY FITZGERALD HOSPITAL IS A 183-BED TEACHING HOSPITAL LOCATED IN DARBY, PA, WHICH OFFERS ADVANCED ACUTE CARE SERVICES IN DELAWARE COUNTY AND SOUTHWEST PHILADELPHIA AND IS CONSISTENTLY RECOGNIZED FOR CLINICAL EXCELLENCE. THE HOSPITAL PROVIDES FREE CARE, SUBSIDIZES THE CARE OF MEDICARE AND MEDICAID PATIENTS WHERE THE GOVERNMENT REIMBURSEMENT IS BELOW COST, AND SPONSORS HEALTH PROGRAMS AND ACTIVITIES FOR THE COMMUNITY. THESE PROGRAMS INCLUDE WELLNESS PROGRAMS, COMMUNITY EDUCATION PROGRAMS, SPECIAL PROGRAMS FOR THE ELDERLY, HANDICAPPED, MEDICALLY UNDERSERVED AND A VARIETY OF BROAD COMMUNITY SUPPORT ACTIVITIES. THE HOSPITAL OFFERS A FULL RANGE OF SERVICES IN AN INPATIENT AND OUTPATIENT SETTING AS WELL AS 24 HOUR EMERGENCY CARE, SURGICAL SERVICES, CANCER CARE, HEART AND STROKE CARE, BARIATRICS, AMONG MANY OTHER HEALTH CARE SERVICES. IN FY22, THE HOSPITAL PROVIDED 34,634 PATIENT DAYS OF HEALTHCARE SERVICES TO THE COMMUNITY.PLEASE VISIT SCHEDULE H AND OUR WEBSITE FOR ADDITIONAL INFORMATION ABOUT OUR SERVICES, RECOGNITIONS AND AWARDS: WWW.TRINITYHEALTHMA.ORG/LOCATION/MCMC-MERCY-FITZGERALD
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Woodward Dir; Pres & CEO Mid-Atlantic Region | Trustee | 1 | $0 |
Julie Washington Dir, Trinity SVP Chief Mktg & Comm | Trustee | 1 | $0 |
Maryanne Spallucci Treasurer; Thma Reg CFO Thru 1/22 | Officer | 1 | $0 |
Catherine Mikus Secretary; General Counsel | Officer | 1 | $0 |
Christopher Cullom President | Officer | 55 | $0 |
Anthony D Fanelli VP Reg Finance; Interim CFO At 2/22 | Officer | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mercy Diagnostic Imaging Pc Imaging Services | 6/29/22 | $3,678,395 |
Ahsa American Healthcare Services Assoc Temporary Services | 6/29/22 | $1,587,698 |
Paradigm Mechanical Llc Repair Services | 6/29/22 | $1,570,794 |
Hallmark Health Care Solutions Inc Temporary Services | 6/29/22 | $1,520,095 |
Sound Physicians Health Care Services | 6/29/22 | $1,312,580 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $4,407,709 |
| Government grants | $2,218,099 |
| All other contributions, gifts, grants, and similar amounts not included above | $222,349 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,848,157 |
| Total Program Service Revenue | $228,009,424 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $304,787 |
| Net Gain/Loss on Asset Sales | -$35,314 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $236,019,053 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $192,914 |
| 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. | $838,162 |
| Compensation of current officers, directors, key employees. | $838,162 |
| Compensation to disqualified persons | $103,681 |
| Other salaries and wages | $75,973,011 |
| Pension plan accruals and contributions | $2,613,999 |
| Other employee benefits | $6,931,370 |
| Payroll taxes | $5,465,278 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $68,675 |
| 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 | $17,845,696 |
| Advertising and promotion | $332,786 |
| Office expenses | $3,298,907 |
| Information technology | $168,783 |
| Royalties | $0 |
| Occupancy | $4,029,875 |
| Travel | $20,392 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $15,440 |
| Interest | $463,371 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,281,350 |
| Insurance | $9,300,181 |
| All other expenses | $5,069,730 |
| Total functional expenses | $230,941,322 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,558,254 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $56,933,853 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $3,957,161 |
| Prepaid expenses and deferred charges | $2,738,498 |
| Net Land, buildings, and equipment | $41,772,186 |
| Investments—publicly traded securities | $1,715,846 |
| Investments—other securities | $1,143,897 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,053,769 |
| Total assets | $110,873,464 |
| Accounts payable and accrued expenses | $44,664,075 |
| 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 | $97,449,582 |
| Total liabilities | $142,113,657 |
| Net assets without donor restrictions | -$34,099,937 |
| Net assets with donor restrictions | $2,859,744 |
| 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 | $110,873,464 |
Grants Awarded
Over the last fiscal year, Mercy Catholic Medical Center Of Southeastern Pa has awarded $157,500 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
COUNTY OF DELAWARE PURPOSE: SPONSORSHIP/DONATION | $75,000 |
SENIOR COMMUNITY SERVICES PURPOSE: SPONSORSHIP/DONATION | $7,500 |
LANCASTER FARM FRESH COOPERATIVE PURPOSE: SPONSORSHIP/DONATION | $75,000 |