Mercy Health
100% goes to programs Strong reserves Declining revenue
Mercy Health is a 501(c)(3) organization based in Chesterfield, Missouri, registered in 1946, with $172,921,541 in FY2023 revenue. CharityIndex grades it A, and it directs about 100% of spending to programs.
15740 South Outer 40 Rd, Chesterfield, MO, 63017 EIN 43-1423050 Since 1946
Revenue (FY2023)
$172.9M
▲ 3830.9% vs prior year
Health median: $840K
Expenses (FY2023)
$82.9M
Net assets
$1.7B
Employees
0
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 rating100% 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 Mercy Health: 100% to programs earns a A+ on this criterion. See the exact thresholds →
B+Financial health25% of the rating253 mo reserves · +52% 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 Mercy Health: 253 mo reserves · +52% 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 Mercy Health: 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 Mercy Health: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
As the sisters of mercy before us, we bring to life the healing ministry of jesus through our compassionate care and exceptional service.
Contact & location
- Address
- 15740 South Outer 40 Rd, Chesterfield, MO, 63017
- City
- Chesterfield
- State
- Missouri
- Category
- Health Care
- Subcategory
- Alliances, Advocacy & Professional Societies
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $14.7M (FY2013) to $172.9M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $2.9BNet assets $1.7B
Operating margin
52.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.7B
Total liabilities
$2.9B
Net assets
$1.7B
Salaries & benefits
$0
0% of expenses
Board members
12
10 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $172,921,541▲3831% | $82,850,246▲22.8% | $1,746,716,987▲27.2% | $4,672,786,809▲17.8% | 990 |
| 2022 | $4,398,984▼97.5% | $67,474,401▲13.3% | $1,373,315,013▼17.7% | $3,966,326,997▼7.1% | 990 |
| 2021 | $179,412,202▼45.3% | $59,545,624▲8.5% | $1,668,846,671▼31.1% | $4,269,317,052▼16.8% | 990 |
| 2020 | $328,088,371▲14334% | $54,861,708▼3.4% | $2,421,015,613▲203% | $5,132,455,770▲50.5% | 990 |
| 2019 | $2,272,971▼97.4% | $56,779,091▼30.4% | $799,986,491▲33.7% | $3,411,365,586▲13.7% | 990 |
| 2018 | $85,792,241▼33.9% | $81,627,512▲28.5% | $598,230,926▼3.0% | $3,001,054,665▲0.9% | 990 |
| 2017 | $129,824,048▲153% | $63,516,273▲34.3% | $616,856,913▲35.5% | $2,973,406,313▲10.4% | 990 |
| 2016 | $51,342,925▼12.3% | $47,292,128▼5.3% | $455,099,061▲252% | $2,693,414,957▲18.4% | 990 |
| 2015 | $58,559,985▲2448% | $49,964,318▼7.8% | $129,289,987▼78.2% | $2,274,572,330▼10.8% | 990 |
| 2014 | $2,298,568▼84.4% | $54,167,904▲58.3% | $593,711,288▼18.6% | $2,550,322,277▲18.0% | 990 |
| 2013 | $14,711,722 | $34,227,106▲20.6% | $729,011,801▲43.0% | $2,160,647,070▲2.6% | 990 |
| 2012 | — | $28,389,389▲29.8% | $509,627,700▲75.0% | $2,105,752,277▲11.2% | 990 |
| 2011 | — | $21,877,655▲249% | $291,134,404▼19.7% | $1,893,537,685▲9.5% | 990 |
| 2010 | — | $6,267,961▼45.9% | $362,364,667▲22.3% | $1,729,171,229▲5.0% | 990 |
| 2009 | — | $11,584,937 | $296,173,865 | $1,646,806,483 | 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)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Ajay Pathak | Svp, Chief Strategic Ventures Officer | 25 | — |
| Betty Jo Rocchio | Svp, Chief Nurse Executive | 30 | — |
| Brendan Rogers | Board Member | 3 | — |
| Catherine Codispoti | Senior Vp, Chief People Officer | 25 | — |
| Cheryl L Matejka | Chief Financial Officer & Treasurer | 25 | — |
| Cheryl Morley | Board Member | 3 | — |
| Cynthia Mercer | Evp, Chief Administrative Officer | 20 | — |
| Dave Thompson | Svp, Population Health & President, Contracted Revenue | 1 | — |
| James Britton | Executive Chairman | 30 | — |
| Jeffrey A Johnston | Former Key Employee | 0 | — |
| Jeffrey Ciaramita Md | President, Specialty Service Lines | 20 | — |
| Jennifer Brown | Svp & Chief Legal Officer (start 6/12/24) | 25 | — |
| John G Helton Md | President, Primary Care | 5 | — |
| John Mohart Md | President, Community Operations | 21 | — |
| Joseph Kelly | Evp, Digital Transformation & Business Development Officer | 30 | — |
| Kevin Minder | Svp, Mission & Community Health | 10 | — |
| Marc Gunter | Former Key Employee | 0 | — |
| Patti Harvey | Board Member | 3 | — |
| Philip Wheeler | Svp, General Counsel & Secretary | 40 | — |
| Richard Clarke | Board Member | 3 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Granger Management LLC | Investment Services | $15,100,906 |
Grants received · $690K total
5 grants to Mercy Health totaling $690K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Heart Association Inc | Heart failure program | 2022 | $45,000 |
| American Heart Association Inc | Stroke programs | 2021 | $15,000 |
| New Venture Fund | Civil rights, social action, advocacy | 2019 | $40,000 |
| New Venture Fund | Civil rights, social action, advocacy | 2019 | $40,000 |
| Mhm Support Services | Support mission | 2017 | $550,295 |
Grants made · $208K in FY2023
1 grant totaling $208K in FY2023. All grants made by Mercy Health →
| Recipient | Purpose | Amount |
|---|---|---|
| Mhm Support Services | Support operatations of organization | $208,269 |
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Frequently asked questions
- Is Mercy Health a legitimate nonprofit?
- Yes. Mercy Health is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 43-1423050, based in Chesterfield, Missouri. Donations are tax-deductible.
- What is Mercy Health's EIN?
- Mercy Health's Employer Identification Number (EIN) is 43-1423050.
- How much revenue does Mercy Health report?
- Mercy Health reported $172,921,541 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Mercy Health's spending goes to programs?
- Mercy Health spends about 100% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Mercy Health have?
- CharityIndex grades Mercy Health A, based on program efficiency and fundraising cost.
- How much does Mercy Health's highest-paid employee make?
- The highest reported compensation on Mercy Health's latest Form 990 is $0, paid to Ajay Pathak (Svp, Chief Strategic Ventures Officer).
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Data for Mercy Health (EIN 43-1423050) 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.