Mercy Medical A Corporation

Organization Overview

Mercy Medical A Corporation is located in Mobile, AL. The organization was established in 1946. According to its NTEE Classification (E20) the organization is classified as: Hospitals, 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 Medical A Corporation 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 12/2021, Mercy Medical A Corporation generated $311.7k 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 (36.0%) each year. All expenses for the organization totaled $1.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (67.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE HEALTH CARE SERVICES FOR THE ELDERLY

Describe the Organization's Program Activity:

Part 3 - Line 4a

MERCY MEDICAL CORPORATION HAS BEEN SERVING THE RESIDENTS OF SOUTHWEST ALABAMA SINCE 1949. MERCY MEDICAL'S LIFECARE PROGRAM IS A PREPAYMENT OF FUTURE LONG-TERM CARE COSTS. BENEFITS OF LIFECARE INCLUDE MANAGEMENT OF THE TRANSITION OF CARE AND NO INCREASE IN MONTHLY FEES, REGARDLESS OF THE LEVEL OF CARE. LIFECARE RESIDENTS ENTER AT THE INDEPENDENT LIVING STAGE AND AS THEY AGE AND AS THEIR NEEDS INCREASE, THEIR MONTHLY FEES DO NOT.OVER THE PAST SEVERAL YEARS MERCY MEDICAL HAS BEEN WINDING DOWN. MERCY MEDICAL CONTRACTS WITH MERCY LIFE OF ALABAMA, A RELATED TAX-EXEMPT ORGANIZATION, TO PROVIDE THE LIFECARE SERVICES TO THE RESIDENTS. AS OF MAY 2021, THERE WERE NO REMAINING RESIDENTS IN THE LIFECARE PROGRAM. MERCY MEDICAL MERGED WITH MERCY LIFE OF ALABAMA ON DECEMBER 31, 2021.


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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$0
Investment income $31,614
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $28,486
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $311,689

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Mercy Medical A Corporation has recieved totaling $120.

Awarding OrganizationAmount
Shell Oil Company Foundation

Houston, TX

PURPOSE: MEF

$120
View Grant Recipient Profile

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