Mercy Care is a 501(c)(3) organization based in Phoenix, Arizona, registered in 1991, with $4,809,752,384 in FY2023 revenue. CharityIndex grades it B+, and it directs about 91% of spending to programs.
Revenue (FY2023)
$4.8B
▼ 0.9% vs prior year
Unknown median: $232K
Expenses (FY2023)
$4.7B
Net assets
$568.5M
Employees
0
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 Mercy Care: 91% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
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 Mercy Care: 1 mo reserves · +2% margin earns a C+ on this criterion. See the exact thresholds →
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 Mercy Care: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
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 Mercy Care: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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To address and advocate for the comprehensive health of our members and families, including circumstances that impact their well-being, with special consideration for the underserved and those with complex health needs regardless of race, color, religion, ethnicity, national origin, sex, sexual orientation, gender identity, age or disability.
Community reinvestment program - in accordance with the ahcccs contract, mercy care has approved a community reinvestment program. under the program, mercy care will demonstrate a commitment to the local communities in which it operates through community reinvestment activities including contributing 6% of its annual profits for acc-rbha, altcs, ddd, and dcs-chp to community reinvestment. the program fundscommunity projects that enhance the lives of people in the communities in mercy care's geographic service area. these funds are for projects and services not eligible for service or prevention dollars.for the year ended june 30, 2024, mercy care approved amounts that resulted in grants to providers of approximately $6,848,000 to be spent on various healthcare community projects. during the fiscal year, mercy care spent $13,364,000 on community reinvestment projects.
Revenue grew from $3.8B (FY2018) to $4.8B (FY2023) across 6 reported years.
Financial snapshot
Operating margin
2.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.3B
Total liabilities
$706.7M
Net assets
$568.5M
Salaries & benefits
$942K
0% of expenses
Board members
8
0 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $4,809,752,384▼0.9% | $4,696,295,310 | $568,509,042▲18.9% | $1,275,218,105▼9.9% | 990 |
| 2022 | $4,853,038,833▲7.6% | $4,696,830,938▲7.1% | $478,006,718▲16.0% | $1,415,146,579▲18.3% | 990 |
| 2021 | $4,511,960,164▲8.7% | $4,386,517,188▲8.6% | $412,237,427▼1.0% | $1,196,679,271▲17.5% | 990 |
| 2020 | $4,149,724,322▲9.3% | $4,038,610,702▲8.2% | $416,517,468▲13.9% | $1,018,874,677▲34.2% | 990 |
| 2019 | $3,796,812,027▼1.4% | $3,731,786,613▼2.6% | $365,732,020▲6.4% | $759,245,540▲12.3% | 990 |
| 2018 | $3,849,858,936 | $3,829,818,508 | $343,816,951 | $676,352,850 | 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.
Highest-paid: Tad Gary Beginning 712024 — $505,544 (0.01% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Tad Gary Beginning 712024 | Ceo | 40 | $505,544 |
| Randy Ek | Cfo | 40 | $434,760 |
| Adolfo Valadez | Board Member | 2 | — |
| Dr Brian Tiffany | Board Member | 2 | — |
| Holly Meidl | Board Member | 2 | — |
| Larry Blumenthal | Board Member | 2 | — |
| Lorry Bottrill Left 6302024 | Ceo | 40 | — |
| Mark Slyter | Board Member | 2 | — |
| Robert Smith | Board Chairperson | 4 | — |
| Sara Daugherty | Board Member | 2 | — |
| Tony Houston | Board Member | 4 | — |
| Contractor | Services | Paid |
|---|---|---|
| Aetna Medicaid Administrators | Management Services | $300,864,300 |
1 grant to Mercy Care totaling -$6.3M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Mercy Care | Mercy care demonstrates a commitment to the local communities in which it operates through community reinvestment activities including contributing 6% of its annual profits for acc-rbha, altcs, ddd/des and dcs/chp to community reinvestment. the program funds community projects that enhance the lives of people in the communities in mercy care's geographic service area. these funds are for projects and services not eligible for service or prevention dollars. in the year ending june 30, 2023, mercy care spent $13,754,560 in cash grants and sponsorship, of which $6,321,660 had been accrued in the prior year. | 2023 | — |
98 grants totaling $7.4M in FY2023 — showing the 15 largest. All grants made by Mercy Care →
| Recipient | Purpose | Amount |
|---|---|---|
| Healthmine Services | Community reinvestment | $1,630,000 |
| March of Dimes Inc | Community reinvestment | $850,000 |
| Copa Health Inc | Community reinvestment | $750,540 |
| Health Current | Community reinvestment | $670,000 |
| Activate Food Arizona | Community reinvestment | $537,500 |
| St Josephs Foundation | Community reinvestment | $500,000 |
| Local Initiatives Support Corporation | Community reinvestment | $500,000 |
| Terros Inc | Community reinvestment | $415,419 |
| Oakwood Creative Care Inc | Community reinvestment | $400,000 |
| Solari Inc | Community reinvestment | $365,000 |
| Casa De Los Ninos | Community reinvestment | $252,000 |
| International Rescue Committee Inc | Community reinvestment | $250,000 |
| Spectrum Healthcare Group Inc | Community reinvestment | $231,400 |
| Northern Arizona University Fdn Inc | Community reinvestment | $225,860 |
| Mmd Assets LLC Miles Motel | Community reinvestment | $202,875 |
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Data for Mercy Care (EIN 86-0527381) 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.