Merakey USA
94% goes to programs Strong reserves Growing revenue
Merakey USA is a 501(c)(3) organization based in Lafayette Hl, Pennsylvania, registered in 2021, with $80,381,351 in FY2023 revenue. CharityIndex grades it A, and it directs about 94% of spending to programs.
620 Germantown Pike, Lafayette Hl, PA, 19444 EIN 23-2175924 Since 2021
Revenue (FY2023)
$80.4M
▲ 13.4% vs prior year
Health median: $840K
Expenses (FY2023)
$82.3M
Net assets
$77.9M
Employees
936
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
A+Program efficiency40% of the rating94% to programs
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Merakey USA: 94% to programs earns a A+ on this criterion. See the exact thresholds →
B+Financial health25% of the rating11 mo reserves · -2% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Merakey USA: 11 mo reserves · -2% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Merakey USA: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Merakey USA: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Perform administrative and supporting services for its exempt affiliated subsidiaries.
Contact & location
- Address
- 620 Germantown Pike, Lafayette Hl, PA, 19444
- City
- Lafayette Hl
- State
- Pennsylvania
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $44.4M (FY2013) to $80.4M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $84.4MNet assets $77.9M
Operating margin
-2.4%
Spent more than it raised in the latest fiscal year.
Total assets
$162.2M
Total liabilities
$84.4M
Net assets
$77.9M
Salaries & benefits
$54.4M
66% of expenses
Board members
13
12 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $80,381,351▲13.4% | $82,336,694▲7.8% | $77,866,501▼3.2% | $162,249,139▼3.4% | 990 |
| 2022 | $70,871,331▲16.7% | $76,349,712▲21.1% | $80,412,403▼4.2% | $167,903,956▼5.3% | 990 |
| 2021 | $60,742,698▲2.6% | $63,025,392▲4.7% | $83,919,233▲2.8% | $177,303,255▲0.3% | 990 |
| 2020 | $59,186,267▲2.4% | $60,179,244▼1.0% | $81,669,076▲3.1% | $176,785,853▼2.3% | 990 |
| 2019 | $57,778,444▼2.4% | $60,761,820▲0.1% | $79,178,894▼1.4% | $181,035,859▲1.7% | 990 |
| 2018 | $59,180,072▲5.1% | $60,716,580▲6.1% | $80,310,326▼3.9% | $178,059,145▲3.4% | 990 |
| 2017 | $56,298,049▼1.8% | $57,209,234▲1.6% | $83,598,608▲0.5% | $172,168,615▼18.8% | 990 |
| 2016 | $57,317,521▼1.7% | $56,330,067▼3.6% | $83,179,381▲7.4% | $212,071,627▼1.1% | 990 |
| 2015 | $58,336,640▲18.0% | $58,446,558▲21.5% | $77,467,748▼4.6% | $214,383,851▲42.0% | 990 |
| 2014 | $49,417,430▲11.4% | $48,112,293▲18.9% | $81,166,610▲1.6% | $151,001,410▼1.4% | 990 |
| 2013 | $44,380,037 | $40,454,050▲11.3% | $79,861,473▲5.2% | $153,126,882▲2.1% | 990 |
| 2012 | — | $36,356,464▼2.3% | $75,935,486▲6.8% | $149,953,395▼1.2% | 990 |
| 2011 | — | $37,202,399▲23.8% | $71,115,677▲4.1% | $151,702,460▲5.6% | 990 |
| 2010 | — | $30,038,306▲6.5% | $68,336,283▲10.5% | $143,662,491▲3.4% | 990 |
| 2009 | — | $28,195,409 | $61,835,569 | $138,998,910 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Joseph Martz — $1,215,852 (1.48% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Joseph Martz | President & Ceo | 40 | $1,215,852 |
| Derrick Yacovelli | Cfo & Treasurer | 40 | $738,281 |
| Theodore Dallas | President & Coo | 40 | $700,336 |
| Jill Weitz Esq | General Counsel & Secretary | 40 | $540,226 |
| Laura Murray | Executive Medical Director | 40 | $519,418 |
| Leah Pason | Chief People Officer | 40 | $518,654 |
| Elise Tretola | Sr Vp Idd Services | 40 | $467,053 |
| Tinnesia Snyder | Sr Vp, Abh | 40 | $461,334 |
| Tom Morgan | Chief Information Officer | 40 | $443,066 |
| Rebecca Richwine | Sr Vp, Cfs | 40 | $438,198 |
| Brandon Fisher | Chief Strategy Officer | 40 | $413,695 |
| Motaz Alhomsi | Medical Director | 40 | $343,523 |
| Malcolm Musgrove | Vp, Children's Services | 40 | $306,969 |
| Carol J Johnson | Director Through 11/23 | 1 | — |
| David Volpe | Director | 1 | — |
| Gregory S Rost | Director | 1 | — |
| Howard Brownstein | Director | 1 | — |
| John J Egan Jr | Director Through 11/23 | 1 | — |
| Joseph P Bilson | Director | 1 | — |
| Joseph Rocks | Retired Ceo | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Bittenbender Construction LP | Construction & Renovation | $4,303,978 |
| Linton's Managed Services | Food Services | $4,149,803 |
| Delta-t Group | Temporary Agencies | $3,749,424 |
| Hhs Environmental Services LLC | Housekeeping and Laundry Services | $2,690,553 |
| Flagstar Staffing Inc | Temporary Agencies | $2,590,841 |
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Compare Merakey USA
Frequently asked questions
- Is Merakey USA a legitimate nonprofit?
- Yes. Merakey USA is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-2175924, based in Lafayette Hl, Pennsylvania. Donations are tax-deductible.
- What is Merakey USA's EIN?
- Merakey USA's Employer Identification Number (EIN) is 23-2175924.
- How much revenue does Merakey USA report?
- Merakey USA reported $80,381,351 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Merakey USA's spending goes to programs?
- Merakey USA spends about 94% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Merakey USA have?
- CharityIndex grades Merakey USA A, based on program efficiency and fundraising cost.
- How much does Merakey USA's highest-paid employee make?
- The highest reported compensation on Merakey USA's latest Form 990 is $1,215,852, paid to Joseph Martz (President & Ceo).
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Data for Merakey USA (EIN 23-2175924) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.