Mercy Mermorial Health Services Inc
- Assets
- $11.7m
- Revenue
- $3.0m
- Investments
- $0.0
- Employees
- 178
- Location
- Stevensville, MI
- Founding
- 03/1989
- Data as of
- 12/2019
- EIN
- 38-2748035
Organization Overview
Mercy Mermorial Health Services Inc, operating under the name Pine Ridge A Rehabilitation & Nursing Center, is located in Stevensville, MI. The organization was established in 1989. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. As of 09/2019, Pine Ridge A Rehabilitation & Nursing Center employed 178 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Pine Ridge A Rehabilitation & Nursing Center 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 12/2019, Pine Ridge A Rehabilitation & Nursing Center generated $3.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (22.8%) each year. All expenses for the organization totaled $3.2m during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (21.1%) per year over the past 5 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE HEALTH, INSPIRE HOPE AND SAVE LIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
REHABILITATION & NURSING HOME OPERATIONS WERE PROVIDED TO 104 PATIENTS DURING FISCAL YEAR 2019.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Chair | OfficerTrustee | 2 | $0 |
Name Not Listed Secretary | OfficerTrustee | 1 | $0 |
Name Not Listed Treasurer | OfficerTrustee | 4 | $0 |
Name Not Listed President & CEO | Officer | 6 | $0 |
Name Not Listed Chief Nursing Officer Post Acute Care | 50 | $111,714 | |
Name Not Listed Administrator Pine Ridge | 50 | $108,389 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $15 |
| 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 | $2,990,037 |
| Statement of Expenses | |
|---|---|
| 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 to disqualified persons | $0 |
| Other salaries and wages | $1,595,552 |
| Pension plan accruals and contributions | $49,015 |
| Other employee benefits | $215,638 |
| Payroll taxes | $116,372 |
| 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 | $300,905 |
| Advertising and promotion | $0 |
| Office expenses | $2,748 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $36,236 |
| Travel | $558 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $39,444 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $84,868 |
| Insurance | $9,705 |
| All other expenses | $82,281 |
| Total functional expenses | $3,231,141 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $534,637 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,204,926 |
| 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 | $8,513 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $331,052 |
| Total assets | $11,745,905 |
| Accounts payable and accrued expenses | $1,087,880 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $6,967,726 |
| 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 | $592,661 |
| Total liabilities | $8,648,267 |
| Net assets without donor restrictions | $3,097,638 |
| 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 |
| Total liabilities and net assets/fund balances | $3,097,638 |