MERCY HOSPITAL FOUNDATION

EIN: 222209721 501(c)(3) Philanthropy & Grantmaking

BUFFALO, NY

Total Revenue
$826,825
Total Expenses
$1,121,572
Total Assets
$5,086,428
Net Assets
$2,873,797
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1978
Legal Domicile
NY
Principal Officer
RICHARD SERRA
Phone
7169232968
Tax Period
2023-01-01 to 2023-12-31

MERCY HOSPITAL FOUNDATION, founded in 1978, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $827K in total revenue in fiscal year 2023. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $1.1M exceeded revenue, resulting in a 36% operating deficit.

Mission

SEE MISSION IN SCHEDULE OMERCY HOSPITAL FOUNDATION, INC. IS A CHARITABLE, NOT-FOR-PROFIT 501(C) 3 CORPORATION WITH THE PURPOSE OF RAISING NEW FUNDS AND STEWARDING RESOURCES WHICH SUPPORT, IMPROVE AND PROMOTE THE CARE AND SERVICES PROVIDED BY MERCY HOSPITAL OF BUFFALO, AND WNY CATHOLIC LONG TERM CARE, INC. DOING BUSINESS AS FATHER BAKER MANOR.

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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 $603,056
Program Service Revenue $0
Investment Income $111,226
Other Revenue $112,543
TOTAL REVENUE $826,825

Expense Breakdown

Grants Paid $749,523
Salaries & Benefits $306,411
Fundraising Expenses $227,839
Program Expenses $763,544
Other Expenses $65,638
TOTAL EXPENSES $1,121,572

Year-over-Year Comparison

2023 2022 Change
Revenue $826,825 $1,064,411 -0.2%
Expenses $1,121,572 $645,961 +0.7%
Net Income $-294,747 $418,450 -1.7%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
21
Independent Members
15
Employees
1
Volunteers
N/A

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
4
$0
Total Directors
22
$3,959,965
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK A SULLIVAN PRESIDENT & CEO 0.00
Director
$0 $104,188 $1,740,064
DR JEFFREY STEINIG DIRECTOR 0.00
Director
$0 $44,506 $268,097
SHARON PRISE AZURIN VICE CHAIR 0.00
Officer Director
$0 $0 $0
LAURA M BICKERT SECRETARY 0.00
Officer Director
$0 $0 $0
MARTIN GRIFFITH DIRECTOR 0.00
Director
$0 $0 $0
VINCENT O HANLEY DIRECTOR 0.00
Director
$0 $0 $0
RURIK C JOHNSON MD DIRECTOR 0.00
Director
$0 $0 $0
DANIEL JOYCE DIRECTOR 0.00
Director
$0 $0 $0
RICHARD SERRA CHAIRMAN 0.00
Officer Director
$0 $0 $0
JOHN SHAFLUCAS DIRECTOR 0.00
Director
$0 $0 $0
JAMES TILLEY TREASURER 0.00
Officer Director
$0 $0 $0
BRYAN C WITTMAN DIRECTOR 0.00
Director
$0 $0 $0
KENNETH ECKHERT MD DIRECTOR 0.00
Director
$0 $0 $0
DEANNA MESSINGER EXECUTIVE DIRECTOR 55.00
Director
$99,181 $30,193 $129,374
MARY C SZABAT DIRECTOR 0.00
Director
$0 $0 $0
JAMES GOTTSTINE DIRECTOR 0.00
Director
$0 $0 $0
ROSEMARY OLCHAWSKI DIRECTOR 0.00
Director
$0 $0 $0
DANIEL RAMSEY DIRECTOR 0.00
Director
$0 $0 $0
JOHN RUSSO JR DIRECTOR 0.00
Director
$0 $0 $0
RICHARD GREENAWALT DIRECTOR 0.00
Director
$0 $0 $0
MARTIN BORYSZAK SR.VP OF ACUTE CARE & PRESIDENT MHB 0.00
Director
$0 $56,537 $654,068
JOYCE MARKIEWICZ CHIEF BUSINESS DEVELOPMENT OFFICER, PRESIDENT&CEO 0.00
Director
$0 $81,890 $1,168,362
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 $826,825 $1,121,572 $5,086,428 $-294,747
2022 $1,064,411 $645,961 $3,091,529 $418,450
2021 $774,272 $1,118,949 $3,054,073 $-344,677
2020 $821,484 $706,162 $3,612,070 $115,322
2019 $1,688,423 $1,672,518 $3,838,684 $15,905
2018 $1,393,526 $857,326 $3,260,493 $536,200
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