MERCY CIRCLE

EIN: 263143317 501(c)(3)

CHICAGO, IL

Total Revenue
$11,121,570
Total Expenses
$12,160,465
Total Assets
$32,175,737
Net Assets
$9,707,720
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
IL
Phone
7732533600
Tax Period
2024-07-01 to 2025-06-30

MERCY CIRCLE, founded in 2008, is a mid-sized nonprofit that reported $11.1M in total revenue in fiscal year 2024.

Mission

MERCY CIRCLE IS A FAITH BASED, CONTINUING CARE RETIREMENT COMMUNITY THAT PROVIDES AN ENRICHED LIFESTYLE AND A VARIETY OF SUPPORTIVE SERVICES AND PROGRAMS FOR PEOPLE AGE 62 AND OLDER WITH INDEPENDENT, ASSISTED, AND SKILLED NURSING LEVELS OF CARE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $216,911
Program Service Revenue $10,904,659
Investment Income $0
Other Revenue $0
TOTAL REVENUE $11,121,570

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,800,306
Fundraising Expenses $0
Program Expenses $10,049,165
Other Expenses $6,360,159
TOTAL EXPENSES $12,160,465

Year-over-Year Comparison

2024 2023 Change
Revenue $11,121,570 $10,766,892 +0.0%
Expenses $12,160,465 $11,985,872 +0.0%
Net Income $-1,038,895 $-1,218,980 -0.1%
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
11
Independent Members
11
Employees
189
Volunteers
12

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
0
$0
Total Directors
11
$0
Key Employees
1
$202,537
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANN FLANAGAN RSM BOARD MEMBER 1.0
Director
$0 $0 $0
CAROLYN SHEEHAN SHEEHAN BOARD MEMBER 1.0
Director
$0 $0 $0
DARLENE O'CALLAGHAN VICE CHAIR 2.0
Director
$0 $0 $0
JOHN BARRETT BOARD MEMBER 1.0
Director
$0 $0 $0
JOHN EBER BOARD MEMBER 1.0
Director
$0 $0 $0
KEVIN CONNELLY TREASURER 2.0
Director
$0 $0 $0
MARGARET JOHNSON RSM BOARD MEMBER 1.0
Director
$0 $0 $0
MARGARET MARY HINZ RSM SECRETARY 2.0
Director
$0 $0 $0
MARION CYPSER RSM BOARD MEMBER 1.0
Director
$0 $0 $0
MARY ELLEN CARON BOARD MEMBER 1.0
Director
$0 $0 $0
MICHAEL DAVIS BOARD CHAIR 5.0
Director
$0 $0 $0
FRANCES LACHOWICZ EXECUTIVE DIRECTOR 10.0
Key Emp
$189,000 $13,537 $202,537
ANITA AJAYI DIRECTOR OF NURSING 40.0
Highest
$126,497 $22,046 $148,543
JOHN RUZICH DIRECTOR OF PLANT OPERATIONS 40.0
Highest
$103,793 $31,626 $135,419
RODELYN GUTANG CLINICAL MANAGER 40.0
Highest
$103,500 $23,278 $126,778
Thomas Ramsden DIRECTOR OF DEVELOPMENT 40.0
Highest
$115,000 $2,540 $117,540
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
2025 $11,121,570 $12,160,465 $32,175,737 $-1,038,895
2024 No data No data No data No data
2023 No data No data No data No data
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