MERCY MEDICAL CENTER

EIN: 111635088 501(c)(3) Health Care

ROCKVILLE CENTRE, NY

Total Revenue
$319,989,437
Total Expenses
$349,325,810
Total Assets
$230,983,624
Net Assets
$-28,529,702
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1913
Legal Domicile
NY
Principal Officer
PATRICK O'SHAUGHNESSY DO
Phone
5167052525
Tax Period
2023-01-01 to 2023-12-31

MERCY MEDICAL CENTER, founded in 1913, is a major nonprofit in the Health Care sector that reported $320.0M in total revenue in fiscal year 2023.

Mission

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.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $17,324,195
Program Service Revenue $296,917,701
Investment Income $0
Other Revenue $5,747,541
TOTAL REVENUE $319,989,437

Expense Breakdown

Grants Paid $177,804
Salaries & Benefits $176,854,373
Fundraising Expenses $0
Program Expenses $302,913,616
Other Expenses $172,293,633
TOTAL EXPENSES $349,325,810

Year-over-Year Comparison

2023 2022 Change
Revenue $319,989,437 $301,259,453 +0.1%
Expenses $349,325,810 $325,366,381 +0.1%
Net Income $-29,336,373 $-24,106,928 +0.2%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
20
Independent Members
19
Employees
2256
Volunteers
227

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✓ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
7
$7,517,988
Total Directors
20
$4,648,566
Key Employees
2
$1,114,996
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PATRICK O'SHAUGHNESSY DO PRESIDENT & CEO 50.0
Officer Director
$0 $1,470,892 $4,648,566
PATRICK MINICUS EVP & CFO 50.0
Officer
$0 $708,505 $1,928,665
RONALD W STEIMEL FORMER CAO 50.0
$0 $263,697 $1,018,488
JOSEPH MANOPELLA PRESIDENT 50.0
Officer
$657,239 $283,518 $940,757
FAHIM AHMED CMO 50.0
Key Emp
$631,935 $71,391 $703,326
ALEXANDER TELIS MD CLINICAL ATTENDING CRIT CARE 50.0
Highest
$603,051 $79,230 $682,281
HASSAN FRINJARI MD PHYSICIAN 50.0
Highest
$436,174 $73,452 $509,626
LIYING CHEN MD HOSPITALIST 50.0
Highest
$439,175 $51,446 $490,621
NIRVANI GOOLSARRAN CQO 50.0
Highest
$419,202 $56,538 $475,740
EMMANOUIL TSOUNIAS MD PEDIATRIC HOSPITALIST 50.0
Highest
$431,415 $32,861 $464,276
IHAB IBRAHIM COO 50.0
Key Emp
$346,959 $64,711 $411,670
SALVATORE SODANO CHAIR 2.0
Officer Director
$0 $0 $0
BRIAN MCGUIRE VICE CHAIR 2.0
Officer Director
$0 $0 $0
ROBERT ZUCCARO TREASURER 2.0
Officer Director
$0 $0 $0
THOMAS CHRISTMAN SECRETARY 2.0
Officer Director
$0 $0 $0
REV JOHN MCCARTNEY TRUSTEE 2.0
Director
$0 $0 $0
WILLIAM WARD TRUSTEE 2.0
Director
$0 $0 $0
PETER QUICK TRUSTEE 2.0
Director
$0 $0 $0
DEBRA DEL VECCHIO TRUSTEE 2.0
Director
$0 $0 $0
REGINA PISCAZZI TRUSTEE 2.0
Director
$0 $0 $0
JOHN ROMANELLI MD TRUSTEE 2.0
Director
$0 $0 $0
ANDREW ZUCARO TRUSTEE 2.0
Director
$0 $0 $0
JERRY BALENTINE DO TRUSTEE (AS OF 01/23) 2.0
Director
$0 $0 $0
PETER DAGHER TRUSTEE (AS OF 09/23) 2.0
Director
$0 $0 $0
REV LEE DESCOTEAUX TRUSTEE (AS OF 01/23) 2.0
Director
$0 $0 $0
HON VITO DESTEFANO TRUSTEE (AS OF 06/23) 2.0
Director
$0 $0 $0
RE JASON GRISAFI TRUSTEE (AS OF 01/23) 2.0
Director
$0 $0 $0
JOSEPH MATTONE ESQ TRUSTEE (AS OF 03/23) 2.0
Director
$0 $0 $0
SUSAN O'HARA RN TRUSTEE (AS OF 03/23) 2.0
Director
$0 $0 $0
RONALD SHINDEL TRUSTEE (AS OF 03/23) 2.0
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $319,989,437 $349,325,810 $230,983,624 $-29,336,373
2022 $301,259,453 $325,366,381 $235,502,376 $-24,106,928
2021 $281,409,481 $296,764,390 $246,923,236 $-15,354,909
2020 $278,819,664 $278,043,120 $266,011,768 $776,544
2019 $257,426,607 $256,505,769 $227,672,025 $920,838
2018 $242,354,955 $246,067,503 $217,920,863 $-3,712,548
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