Mercy Health

EIN: 311161086 501(c)(3)

Cincinnati, OH

Total Revenue
$7,010,225,301
Total Expenses
$4,907,498,964
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
OH
Phone
5139525000
Tax Period
2019-01-01 to 2019-12-31

Mercy Health, founded in 1985, is a large national nonprofit that reported $7.0B in total revenue in fiscal year 2019. Revenue surged 54% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.1B, a strong 30% operating margin.

Mission

Mercy Health extends the healing ministry of Jesus by improving the health of our communities with emphasis on people who are poor and under-served. Mercy Health demonstrates behaviors reflecting our core values of compassion, excellence, human dignity, justice, sacredness of life and service.

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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 (2019)

Revenue Breakdown

Contributions & Grants $19,560,657
Program Service Revenue $4,724,346,248
Investment Income $2,250,559,139
Other Revenue $15,759,257
TOTAL REVENUE $7,010,225,301

Expense Breakdown

Grants Paid $10,175,967
Salaries & Benefits $2,453,596,834
Fundraising Expenses $0
Program Expenses $4,304,392,709
Other Expenses $2,443,726,163
TOTAL EXPENSES $4,907,498,964

Year-over-Year Comparison

2019 2018 Change
Revenue $7,010,225,301 $4,557,548,171 +0.5%
Expenses $4,907,498,964 $4,524,908,505 +0.1%
Net Income $2,102,726,337 $32,639,666 +63.4%
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
18
Independent Members
14
Employees
33135
Volunteers
45

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
$19,523,258
Total Directors
18
$15,869,532
Key Employees
12
$21,255,107
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A Chairman 2.0
Officer Director
$0 $0 $81,250
N/A PRESIDENT & CEO BSMH 15.0
Officer Director
$14,983,426 $790,273 $15,773,699
N/A VICE CHAIR 2.0
Officer Director
$0 $0 $14,583
N/A Board Member 2.0
Director
$0 $0 $0
N/A BOARD MEMBER 2.0
Director
$0 $0 $0
N/A BOARD MEMBER 2.0
Director
$0 $0 $0
N/A BOARD MEMBER 2.0
Director
$0 $0 $0
N/A BOARD MEMBER 2.0
Director
$0 $0 $0
N/A BOARD MEMBER 2.0
Director
$0 $0 $0
N/A BOARD MEMBER 2.0
Director
$0 $0 $0
N/A BOARD MEMBER 2.0
Director
$0 $0 $0
N/A BOARD MEMBER 2.0
Director
$0 $0 $0
N/A BOARD MEMBER 2.0
Director
$0 $0 $0
N/A BOARD MEMBER 2.0
Director
$0 $0 $0
N/A Board Member 2.0
Director
$0 $0 $0
N/A Board Member 2.0
Director
$0 $0 $0
N/A BOARD MEMBER 3.0
Director
$0 $0 $0
N/A BOARD MEMBER 2.0
Director
$0 $0 $0
N/A Secretary (END 04/19) 14.0
Officer
$0 $19,182 $633,567
N/A Board Asst. Secretary 14.0
Officer
$0 $36,055 $144,550
N/A BOARD SECRETARY (BEG 04/19) 14.0
Officer
$160,290 $16,835 $177,125
N/A TREASURER & CFO 15.0
Officer
$1,988,664 $709,820 $2,698,484
N/A Chief Information Officer 10.0
Key Emp
$0 $250,863 $1,161,966
N/A SVP, Chief Nursing Officer 10.0
Key Emp
$0 $38,115 $1,322,564
N/A EVP, COO, Mercy Health 13.0
Key Emp
$2,588,611 $730,301 $3,318,912
N/A CHIEF STRATEGY OFFICER 15.0
Key Emp
$1,248,396 $402,919 $1,651,315
N/A Chief Enterprise Risk Officer 10.0
Key Emp
$0 $36,442 $1,079,836
N/A Vice President, Treasury 15.0
Key Emp
$1,015,007 $247,411 $1,262,418
N/A SVP, CHIEF HUMAN RESOURCES OFFICER 15.0
Key Emp
$1,310,642 $338,793 $1,649,435
N/A PRES & CEO ENSEMBLE RMC LLC (End 08/19) 15.0
Key Emp
$674,713 $29,978 $2,117,068
N/A Chief Administrative Officer (End 08/19) 10.0
Key Emp
$0 $38,142 $1,865,886
N/A CHIEF LEGAL OFFICER & GENERAL COUNSEL 12.0
Key Emp
$1,966,090 $850,093 $2,816,183
N/A Chief Community Health Officer 10.0
Key Emp
$0 $38,115 $1,042,780
N/A Chief Clinical Officer 10.0
Key Emp
$0 $352,778 $1,966,744
N/A PHYSICIAN 50.0
Highest
$1,590,472 $32,077 $1,622,549
N/A PHYSICIAN 50.0
Highest
$1,650,448 $43,525 $1,693,973
N/A PHYSICIAN 50.0
Highest
$1,751,309 $43,736 $1,795,045
N/A PHYSICIAN 50.0
Highest
$1,589,107 $96,626 $1,685,733
N/A PHYSICIAN 50.0
Highest
$1,840,931 $43,881 $1,884,812
N/A Former KEY, Chief Clinical Officer 50.0
$2,427,620 $33,881 $2,461,501
N/A FORMER KEY, PRES GREAT LAKES GROUP 47.0
$1,580,436 $48,266 $1,628,702
N/A FORMER KEY, SVP, PRESIDENT/CEO LORAIN 49.0
$775,476 $344,183 $1,119,659
N/A Former PRESIDENT/CEO TOLEDO REGION 0.0
$274,956 $0 $274,956
N/A FORMER KEY, SVP, BUSINESS DEVELOPMENT 48.0
$884,757 $126,189 $1,010,946
N/A FORMER KEY, SVP, PRES/CEO - SPRINGFIELD 0.0
$0 $183,811 $183,811
N/A FORMER KEY, PRES MID-AMERICAN GROUP 45.0
$761,997 $15,543 $777,540
N/A FORMER KEY, SVP, PRES/CEO - KENTUCKY 50.0
$715,926 $183,843 $899,769
N/A FORMER PRESIDENT/CEO SPRINGFIELD REGION, SVP MERCY HEALTH 0.0
$299,946 $0 $299,946
N/A FORMER SVP, CIO 0.0
$516,748 $9,045 $525,793
N/A Former Key, SVP, MISSION & VALUES INTEGRATION 50.0
$500,225 $195,611 $695,836
N/A FORMER KEY, SVP, PRESIDENT/CEO - TOLEDO & LIMA 50.0
$1,101,108 $283,092 $1,384,200
N/A Former Key, CHIEF MARKETING OFFICER 50.0
$824,881 $335,198 $1,160,079
N/A Former Key, CHIEF MANAGED CARE OFFICER 50.0
$780,861 $135,157 $916,018
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
2019 $7,010,225,301 $4,907,498,964 No data $2,102,726,337
2018 $4,557,548,171 $4,524,908,505 $6,005,268,265 $32,639,666
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