MERCY MEMORIAL HOSPITAL CORPORATION

EIN: 381984289 501(c)(3) Health Care

TOLEDO, OH

Total Revenue
$164,898,662
Total Expenses
$172,776,811
Total Assets
$92,479,483
Net Assets
$63,316,800
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Financial Trends

Organization Details

Formation Year
1971
Legal Domicile
MI
Principal Officer
TERRENCE METZGER
Phone
4192525772
Tax Period
2023-01-01 to 2023-12-31

MERCY MEMORIAL HOSPITAL CORPORATION, founded in 1971, is a major nonprofit in the Health Care sector that reported $164.9M in total revenue in fiscal year 2023.

Mission

WE PROVIDE HIGH QUALITY, COMPREHENSIVE SERVICES TO THE PEOPLE AND COMMUNITY WE SERVE.

Program Service Accomplishments

Program 1
Expenses: $134,705,507 Revenue: $162,521,887

MERCY MEMORIAL HOSPITAL CORPORATION (D/B/A PROMEDICA MONROE REGIONAL HOSPITAL) IS A MEMBER OF PROMEDICA HEALTH SYSTEM, INC. (PROMEDICA), A MISSION-BASED, LOCALLY OWNED, NONPROFIT HEALTHCARE...

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MERCY MEMORIAL HOSPITAL CORPORATION (D/B/A PROMEDICA MONROE REGIONAL HOSPITAL) IS A MEMBER OF PROMEDICA HEALTH SYSTEM, INC. (PROMEDICA), A MISSION-BASED, LOCALLY OWNED, NONPROFIT HEALTHCARE ORGANIZATION HIGHLY FOCUSED ON ACHIEVING CORE VALUES. HEADQUARTERED IN TOLEDO, OHIO, PROMEDICA SERVES 28 STATES ACROSS THE COUNTRY AND IS ONE OF THE NATION'S LEADING HEALTH SYSTEMS. OUR STEWARDSHIP OF RESOURCES HAS ENABLED US TO WISELY INVEST IN PATIENT-CENTERED CARE, ADVANCED TECHNOLOGY, INNOVATIVE PROGRAMS, AND FAMILY-ORIENTED FACILITIES THAT HELP TO ENSURE PATIENTS AND AREA RESIDENTS HAVE EQUAL ACCESS TO HIGH-QUALITY, SAFE CARE IN THE MOST APPROPRIATE SETTING, REGARDLESS OF PATIENTS' ABILITY TO PAY. A 238-BED FACILITY LOCATED IN MONROE, MICHIGAN, PROMEDICA MONROE REGIONAL HOSPITAL (MRH) PROVIDES A BROAD RANGE OF INPATIENT AND OUTPATIENT SERVICES - SUCH AS EMERGENCY MEDICINE; SURGICAL SERVICES; BEHAVIORAL HEALTH CARE; COMPREHENSIVE WOMEN'S HEALTH SERVICES, CARDIOVASCULAR SERVICES; AN ACCREDITED SLEEP MEDICINE CENTER; AND ORTHOPAEDIC SERVICES. AN EXTENSIVE OUTPATIENT CANCER CENTER IS PART OF THE PROMEDICA CANCER INSTITUTE AND PROVIDES RADIATION AND MEDICAL ONCOLOGY SERVICES WHILE THE HOSPITAL'S CANCER CONNECTION OFFERS NON-TREATMENT SERVICES AND SUPPORT TO MONROE COUNTY RESIDENTS RECEIVING CANCER TREATMENTS. IN 2021, THE PROMEDICA HEART INSTITUTE OPENED A HEART FAILURE CLINIC ON THE MRH CAMPUS.STRIVING TO IMPROVE PATIENT CARE AND CLINICAL EXCELLENCE, MRH IS NATIONALLY ACCREDITED BY THE JOINT COMMISSION AND THE AMERICAN COLLEGE OF RADIOLOGY. MRH HAS THE JOINT COMMISSION'S GOLD SEAL OF APPROVAL AND THE AMERICAN STROKE ASSOCIATION'S HEART-CHECK MARK FOR PRIMARY STROKE CERTIFICATION. MRH IS RECOGNIZED BY THE AMERICAN HEART ASSOCIATION GOLD PLUS GET WITH THE GUIDELINES STROKE QUALITY ACHIEVEMENT AWARD FOR ITS COMMITMENT TO ENSURING STROKE PATIENTS RECEIVE THE MOST APPROPRIATE TREATMENT ACCORDING TO NATIONALLY RECOGNIZED, RESEARCH-BASED GUIDELINES. MRH IS ACCREDITED BY THE JOINT COMMISSION FOR MEDICATION COMPOUNDING. MRH SERVED 5,346 INPATIENTS AND 166,913 OUTPATIENTS IN 2023. FURTHER, 35,567 INDIVIDUALS SOUGHT EMERGENCY CARE AT MRH. THE HOSPITAL CONTRIBUTED $41,575,000 IN COMMUNITY BENEFIT THROUGH COMMUNITY BENEFIT EXPENDITURES, FINANCIAL ASSISTANCE AND GOVERNMENT-SPONSORED, MEANS-TESTED HEALTH CARE.THROUGH COMMUNITY HEALTH SERVICES, HEALTH PROFESSIONS EDUCATION, SUBSIDIZED HEALTH SERVICES, RESEARCH ACTIVITIES, CASH AND IN-KIND CONTRIBUTIONS, AND OTHER COMMUNITY BENEFIT OPERATIONS, MRH CONTRIBUTED $6,776,000 TO THE COMMUNITY DURING 2023. INCLUDED IN THIS AMOUNT ARE ACTIVITIES AND PROGRAMS SUCH AS: - CONTINUING THE TEEN PEERS EDUCATING PEERS (PEP) PROGRAM WITH MONROE PUBLIC SCHOOLS TO EMPOWER YOUTH IN PREVENTING BULLYING AND ADDRESS BEHAVIORAL HEALTH NEEDS OF YOUTH. - CONTINUE ITS PARTNERSHIP WITH THE UNITED WAY OF MONROE & LENAWEE COUNTY'S HEALTH CHECK EVENTS PROVIDING IMPROVED ACCESS TO LOW AND NO COST HEALTH SCREENINGS. - IMPLEMENTING A PARTNERSHIP WITH THE MONROE COUNTY OPPORTUNITY PROGRAM TO PROVIDE LIFESTYLE MEDICINE, NUTRITION EDUCATION, AND WALK WITH A DOC SESSIONS AT THE OPPORTUNITY CENTER. - FREE MAMMOGRAM CLINICS THAT PROVIDE BREAST CANCER SCREENINGS FOR INDIVIDUALS BETWEEN THE AGES OF 40 - 64 WHO HAVE NO INSURANCE OR INSURANCE WITH A HIGH DEDUCTIBLE FOR MAMMOGRAMS.- FREE AND LOW-COST HEALTH SCREENINGS FOR UNDERSERVED COMMUNITY MEMBERS- CONTINUED COLLABORATIONS WITH THE BUILDING HEALTHY COMMUNITIES COALITION TO CONDUCT THE COUNTY'S HEALTH ASSESSMENT AND DEVELOP A COMMUNITY HEALTH IMPROVEMENT PLAN. - COMMUNITY PARTNERSHIPS WITH GABBY'S GRIEF CENTER AND RIVER RAISIN NATIONAL BATTLEFIELD PARK VISITOR'S CENTER.MRH PROVIDED A SIGNIFICANT AMOUNT OF FINANCIAL ASSISTANCE TO THE COMMUNITY DURING 2023, OF WHICH $3,770,000 REPRESENTED UNCOMPENSATED AMOUNTS FOR TREATMENT TO THOSE PATIENTS WHO DID NOT HAVE THE FINANCIAL RESOURCES TO PAY FOR HOSPITAL SERVICES. FINANCIAL ASSISTANCE REPRESENTS THE COST TO PROVIDE SERVICE AND DOES NOT INCLUDE THE COSTS FOR ACCOUNTS WRITTEN OFF TO BAD DEBT FOR PATIENTS WHO DO NOT PAY THEIR BILLS. MRH'S COST OF BAD DEBT FOR 2023 WAS $6,212,000. THIS AMOUNT IS NOT INCLUDED IN THE COMMUNITY BENEFIT AMOUNT OF $41,575,000 NOTED ABOVE.FURTHER, MRH PROVIDED $9,382,000 OF COMMUNITY BENEFIT THROUGH COSTS - NOT REIMBURSED BY THE GOVERNMENT - FOR TREATING MEDICAID PATIENTS. ALSO, IN 2023, THE TOTAL COSTS - NOT REIMBURSED BY THE GOVERNMENT - FOR TREATING MEDICARE PATIENTS WAS $1,988,000 AND IS NOT INCLUDED IN THE COMMUNITY BENEFIT AMOUNT OF $41,575,000 NOTED ABOVE. DURING 2023, MRH EXPENDED $43,261,000 IN NET PAYROLL, PROVIDING 753 JOBS. A TOTAL OF $2,648,000 WAS WITHHELD FROM HOSPITAL EMPLOYEES IN STATE AND LOCAL TAXES.IN SUMMARY, MRH DEMONSTRATES PROMEDICA'S MISSION AND CORE VALUES BY PROVIDING HIGH-QUALITY HEALTH CARE TO ALL PATIENTS, REGARDLESS OF THEIR RACE, CREED, SEX, NATIONAL ORIGIN, DISABILITY, OR AGE. AND, WE RECOGNIZE THAT NOT ALL INDIVIDUALS POSSESS THE ABILITY TO PURCHASE ESSENTIAL MEDICAL CARE. THEREFORE, WE PROVIDE THESE HEALTHCARE SERVICES; RECRUIT AND TRAIN HEALTHCARE PROFESSIONALS TO SERVE THE BROADER COMMUNITY; PROVIDE APPROPRIATE FINANCIAL ASSISTANCE; OFFER SERVICES AND CONTRIBUTIONS TO OTHER NONPROFIT ORGANIZATIONS THAT ALLOW THEM TO PROVIDE KEY SERVICES TO THEIR CONSTITUENTS; AND PRESENT FREE EDUCATIONAL CLASSES, HEALTH FAIRS AND OTHER ACTIVITIES TO OUR LOCAL COMMUNITY TO HELP ENSURE ALL MEMBERS HAVE EQUAL ACCESS TO CARE.

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $517,749
Program Service Revenue $160,698,753
Investment Income $-290,142
Other Revenue $3,972,302
TOTAL REVENUE $164,898,662

Expense Breakdown

Grants Paid $4,000
Salaries & Benefits $62,718,428
Fundraising Expenses $0
Program Expenses $134,705,507
Other Expenses $110,054,383
TOTAL EXPENSES $172,776,811

Year-over-Year Comparison

2023 2022 Change
Revenue $164,898,662 $165,495,818 0.0%
Expenses $172,776,811 $180,040,177 0.0%
Net Income $-7,878,149 $-14,544,359 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
18
Independent Members
10
Employees
1238
Volunteers
93

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
6
$5,172,006
Total Directors
28
$5,268,471
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVE SADOWSKI SECRETARY/CHIEF LEGAL OFFICER 1.00
Officer Director
$0 $6,028 $1,413,208
TERRENCE METZGER TRUSTEE/TREASURER 1.00
Officer Director
$0 $4,079 $1,059,169
KEVIN SHARP TRUSTEE/VICE PRESIDENT 1.00
Director
$0 $4,120 $513,316
DEE BIALECKI-HAASE MD TRUSTEE/CMO 1.00
Director
$0 $1,363 $524,114
KENNETH MCNAMEE MD TRUSTEE/PHYSICIAN 1.00
Director
$0 $5,858 $654,349
DARRIN ARQUETTE TRUSTEE/PRESIDENT 1.00
Director
$0 $5,022 $365,341
ANTHONY MELONKOS MD TRUSTEE - PART YEAR 1.00
Director
$0 $10,390 $384,349
CHRISTI ANSBERG TRUSTEE/VP PHILANTHROPY 1.00
Director
$0 $0 $236,562
THOMAS MYERS TRUSTEE/ASSOCIATE VP, NON CLINICAL 1.00
Director
$0 $2,526 $118,063
CELESTE BATCHEV MD TRUSTEE - PART YEAR 1.00
Director
$0 $0 $0
DAVID KUBISKE PE TRUSTEE - PART YEAR 1.00
Director
$0 $0 $0
FLORENCE BUCHANAN TRUSTEE 1.00
Director
$0 $0 $0
GREGORY A APPLIN TRUSTEE - PART YEAR 1.00
Director
$0 $0 $0
GREGORY REINHOLD DO TRUSTEE 1.00
Director
$0 $0 $0
INDERPAL K DEOL TRUSTEE - PART YEAR 1.00
Director
$0 $0 $0
JAMES PEACE TRUSTEE 1.00
Director
$0 $0 $0
JULIE EVERLY PHD TRUSTEE 1.00
Director
$0 $0 $0
KEITH P MASSERANT TRUSTEE 1.00
Director
$0 $0 $0
KOJO QUARTEY TRUSTEE 1.00
Director
$0 $0 $0
KRISTIN IRWIN TRUSTEE 1.00
Director
$0 $0 $0
KRISTINE BRENNER CHAIRMAN - PART YEAR 1.00
Officer Director
$0 $0 $0
LOUIS ROBICHAUX TREASURER - PART YEAR 1.00
Officer Director
$0 $0 $0
MOLLY LUEMPERT-COY TRUSTEE 1.00
Director
$0 $0 $0
PAUL C LAMARRE TRUSTEE - PART YEAR 1.00
Director
$0 $0 $0
STEPHEN J MCNEW EDD TRUSTEE - PART YEAR 1.00
Director
$0 $0 $0
SUE VANISACKER TRUSTEE 1.00
Director
$0 $0 $0
SUE WETZEL TRUSTEE - PART YEAR 1.00
Director
$0 $0 $0
TIMOTHY C LAKE TRUSTEE 1.00
Director
$0 $0 $0
ARTURO POLIZZI PRESIDENT AND CEO 1.00
Officer
$0 $5,857 $2,127,450
GARY AKENBERGER SR VP FINANCE - FORMER 0.00
Officer
$0 $43,532 $572,179
TODD COSTLOW PHARMACIST 45.00
Highest
$180,628 $7,106 $187,734
JENNIFER SELL DIRECTOR OF PHARMACY 45.00
Highest
$168,457 $1,705 $170,162
JENNIFER WILSON SUPERVISOR 45.00
Highest
$160,716 $12,477 $173,193
CARRIE BLANCHETT NURSE PRACTIONER 45.00
Highest
$145,372 $1,118 $146,490
LUKE LARZELERE PHARMACIST 45.00
Highest
$144,243 $516 $144,759
STEVEN M CAVANAUGH TREASURER, CFO - FORMER 0.00
$0 $5,657 $1,340,837
JEFFREY C KUHN SECRETARY, CHIEF LEGAL OFFICER - FORMER 0.00
$0 $33,822 $755,722
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 $164,898,662 $172,776,811 $92,479,483 $-7,878,149
2022 $165,495,818 $180,040,177 $242,625,809 $-14,544,359
2021 $158,446,533 $165,051,755 $246,882,136 $-6,605,222
2020 $142,565,708 $145,607,711 $252,756,621 $-3,042,003
2019 $136,348,847 $139,862,515 $210,299,333 $-3,513,668
2018 $145,123,763 $142,723,676 $178,980,740 $2,400,087
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