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Nonprofiteer
← MERCY FOUNDATION INC

Form 990 for tax year 2024

Filed by MERCY FOUNDATION INC.

Totals

Total revenue
$2,182,708
Total expenses
$2,532,261
Contributions and grants received
$1,800,526
Grants paid
$874,441
Program service revenue
$0
Investment income
$331,161
Other revenue
$51,021
Total assets, end of year
$6,668,272
Total liabilities, end of year
$21,678
Net assets or fund balances, end of year
$6,646,594
Program services expenses (Part IX)
$2,306,401
Management and general expenses
$161,746
Fundraising expenses
$64,114
Program service expenses (Part III)
$2,306,401

Program services were 91.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $226,807

  • 1d · Related organizations

    $926,902

  • 1e · Government grants (contributions)

    $214,266

  • 1f · All other contributions, gifts and grants

    $432,551

  • 1g · Noncash contributions included above

    $160,037

  • 3 · Investment income

    total $80,707 · excluded $80,707

  • 7a · Gross sales of assets other than inventory

    securities $250,454

  • 7b · Less cost or other basis and sales expenses

    securities $0

  • 7c · Gain or loss

    securities $250,454

  • 7d · Net gain or loss

    total $250,454 · excluded $250,454

  • 8a · Fundraising events: gross income

    $446,384

  • 8a · Fundraising events: contributions included on line 1c

    $226,807

  • 8b · Fundraising events: direct expenses

    $409,346

  • 8c · Net income from fundraising events

    total $37,038 · excluded $37,038

  • 9a · Gaming: gross income

    $31,152

  • 9b · Gaming: direct expenses

    $17,169

  • 9c · Net income from gaming

    total $13,983 · excluded $13,983

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $716,873 · program services $716,873

  • 2 · Grants to domestic individuals

    total $157,568 · program services $157,568

  • 11e · Fees: professional fundraising services

    total $43,655 · fundraising $43,655

  • 11g · Fees: other

    total $1,437,487 · program services $1,377,189 · management and general $39,839 · fundraising $20,459

  • 12 · Advertising and promotion

    total $13,763 · program services $13,075 · management and general $688

  • 13 · Office expenses

    total $12,632 · program services $12,000 · management and general $632

  • 16 · Occupancy

    total $119,024 · management and general $119,024

  • 17 · Travel

    total $18,195 · program services $17,285 · management and general $910

  • 19 · Conferences, conventions and meetings

    total $3,077 · program services $2,923 · management and general $154

  • 24a · Other expenses: DUES & SUBSCRIPTIONS

    total $6,776 · program services $6,437 · management and general $339 · fundraising $0

  • 24b · Other expenses: REPAIRS AND MAINTENANCE

    total $1,684 · program services $1,600 · management and general $84 · fundraising $0

  • 24c · Other expenses: EDUCATION

    total $1,154 · program services $1,096 · management and general $58 · fundraising $0

  • 24d · Other expenses: MEDICAL SUPPLIES

    total $373 · program services $355 · management and general $18 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    end of year $0

  • 2 · Savings and temporary cash investments

    end of year $0

  • 3 · Pledges and grants receivable

    end of year $0

  • 4 · Accounts receivable

    end of year $0

  • 5 · Loans and receivables from officers and key people

    end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $55,729 · end of year $55,729

  • 8 · Inventories for sale or use

    end of year $0

  • 9 · Prepaid expenses and deferred charges

    end of year $0

  • 10a · Land, buildings and equipment: cost or other basis

    $163,302

  • 10b · Land, buildings and equipment: accumulated depreciation

    $163,302

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 11 · Investments: publicly traded securities

    end of year $0

  • 12 · Investments: other securities

    beginning of year $5,861,908 · end of year $6,404,746

  • 13 · Investments: program-related

    end of year $0

  • 14 · Intangible assets

    end of year $0

  • 15 · Other assets

    beginning of year $872,048 · end of year $207,797

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,235 · end of year $17,698

  • 18 · Grants payable

    end of year $0

  • 19 · Deferred revenue

    beginning of year $3,980 · end of year $3,980

  • 20 · Tax-exempt bond liabilities

    end of year $0

  • 21 · Escrow or custodial account liability

    end of year $0

  • 22 · Loans and payables to officers and key people

    end of year $0

  • 23 · Secured mortgages and notes payable

    end of year $0

  • 24 · Unsecured notes and loans payable

    end of year $0

  • 25 · Other liabilities

    end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $2,314,407 · end of year $2,367,482

  • 28 · Net assets with donor restrictions

    beginning of year $4,470,063 · end of year $4,279,112

Mission and programs · 2024

Mission

THE MISSION OF MERCY FOUNDATION IS TO ENRICH THE HEALTH, WELL-BEING AND QUALITY OF LIFE OF CHILDREN AND FAMILIES IN NEED IN DOUGLAS COUNTY.

  • SEE SCHEDULE O.

    Expenses $2,306,401 · Grants $874,441

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • RUSS WOOLLEY

    BOARD MEMBER/PRESIDENT & CEO MMC

    Total calculated
    $811,800
    From this org
    $0
    From related orgs
    $708,857
    Other
    $102,943
    Hours/week
    1 + 59 related

    Schedule J breakdown matched by us

    Base
    $0 + $421,092 related
    Bonus
    $0 + $181,409 related
    Other
    $0 + $106,356 related
    Deferred
    $0 + $60,653 related
    Nontaxable benefits
    $0 + $42,290 related
    Filer's total
    $0 + $811,800 related

  • JAMIE POINDEXTER

    MARKET VP OPERATIONAL FINANCE/CFO

    Total calculated
    $380,480
    From this org
    $0
    From related orgs
    $343,113
    Other
    $37,367
    Hours/week
    1 + 49 related

    Schedule J breakdown matched by us

    Base
    $0 + $235,610 related
    Bonus
    $0 + $33,672 related
    Other
    $0 + $73,831 related
    Deferred
    $0 + $4,506 related
    Nontaxable benefits
    $0 + $32,861 related
    Filer's total
    $0 + $380,480 related

  • GREGORY JACKSON

    FORMER MARKET VP OPERATIONAL FINANCE/INTERIM CFO

    Total calculated
    $367,410
    From this org
    $0
    From related orgs
    $345,106
    Other
    $22,304
    Hours/week
    1 + 49 related

    Schedule J breakdown matched by us

    Base
    $0 + $270,234 related
    Bonus
    $0 + $73,827 related
    Other
    $0 + $1,045 related
    Deferred
    $0 + $10,283 related
    Nontaxable benefits
    $0 + $12,021 related
    Filer's total
    $0 + $367,410 related

  • LISA PLATT

    FOUNDATION PRESIDENT

    Total calculated
    $214,693
    From this org
    $0
    From related orgs
    $191,757
    Other
    $22,936
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $150,840 related
    Bonus
    $0 + $28,636 related
    Other
    $0 + $12,281 related
    Deferred
    $0 + $11,574 related
    Nontaxable benefits
    $0 + $11,362 related
    Filer's total
    $0 + $214,693 related

  • ANN CAREY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • JEFF MORNARICH

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • JEFFREY JOHNSON

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • MATTHEW KOWAL

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • MYCHAL FOX

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • NEAL BROWN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • PETER M CARHART

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • RACHELLE CARTER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • SHARON STANPHILL

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • TAMMY RONDEAU

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • ROBERT MCKIM

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • BETH GALLANT

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • BRAD O'DELL

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • CARLA KEENE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • TOM NELSON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • JILL WEBER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3:
DURING THE CALENDAR YEAR 2024, COMPENSATION FOR THE TOP MANAGEMENT OFFICIAL WAS ESTABLISHED BY COMMONSPIRIT HEALTH (A RELATED ORGANIZATION) PAID BY COMMONSPIRIT OREGON (A RELATED ORGANIZATION). COMMONSPIRIT HEALTH USED ONE OR MORE OF THE METHODS DESCRIBED IN SCHEDULE J, PART I, LINE 3 TO ESTABLISH THE TOP MANAGEMENT OFFICIAL'S COMPENSATION: (1) INDEPENDENT COMPENSATION CONSULTANT; (2) COMPENSATION SURVEY OR STUDY. IN ADDITION, THE PRESIDENT'S COMPENSATION, AS DETERMINED BY COMMONSPIRIT, IS REVIEWED AND APPROVED BY THE LOCAL BOARD. SEE SCHEDULE O DISCLOSURE FOR FORM 990, PART VI, SECTION B, LINE 15 FOR ADDITIONAL INFORMATION.
PART I, LINE 4A
CERTAIN REPORTABLE INDIVIDUALS ARE COVERED BY AN EXECUTIVE SEVERANCE POLICY THAT PROVIDES MARKET-STANDARD COMPENSATION, RANGING FROM PAYMENTS OF 9 MONTHS TO 2 YEARS OF BASE COMPENSATION, DEPENDING ON THE EXECUTIVE'S POSITION, IN THE EVENT OF A POSITION ELIMINATION OR OTHER INVOLUNTARY TERMINATION, IN ACCORDANCE WITH THE GUIDELINES OF THE POLICY. CERTAIN REPORTABLE INDIVIDUALS ARE COVERED BY A NON-EXECUTIVE SEVERANCE POLICY THAT PROVIDES MARKET-STANDARD COMPENSATION, RANGING FROM PAYMENTS OF 2 WEEKS TO 52 WEEKS OF BASE COMPENSATION, DEPENDING ON THE EMPLOYEE'S POSITION AND TENURE, IN THE EVENT OF A POSITION ELIMINATION OR OTHER INVOLUNTARY TERMINATION, IN ACCORDANCE WITH THE GUIDELINES OF THE POLICY.
PART I, LINE 4B:
CERTAIN LISTED PERSONS PARTICIPATE IN THE COMMONSPIRIT HEALTH SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP), A NONQUALIFIED RETIREMENT PLAN DESIGNED TO PROVIDE DEFERRED COMPENSATION TO KEY EXECUTIVES WHO HAVE CONTRIBUTED MATERIALLY TO THE SUCCESS OF OUR MINISTRY. THE SERP IS INTENDED TO PROVIDE HIGHLY COMPENSATED INDIVIDUALS WITH ADDITIONAL RETIREMENT INCOME TO HELP OFFSET REGULATORY LIMITS IN PLACE ON QUALIFIED RETIREMENT PLANS AND SOCIAL SECURITY. EACH ANNUAL CONTRIBUTION IS SUBJECT TO A FOUR-YEAR VESTING OR RETENTION PERIOD. UPON COMPLETION OF THE APPLICABLE FOUR-YEAR RETENTION PERIOD FOR EACH ANNUAL CONTRIBUTION, VESTING WILL OCCUR, AND ANY ACCUMULATED BENEFIT UNDER THE PLAN WILL BE RECEIVED. ON THE FIRST DAY OF THE CALENDAR MONTH AFTER THE FOURTH ANNIVERSARY OF THE SERP BENEFIT, THE ANNUAL CONTRIBUTION AND ITS ASSOCIATED INVESTMENT GAINS OR LOSSES BECOME 100% VESTED. IN ADDITION, THE PARTICIPANT'S SERP BENEFIT BECOMES 100% VESTED UPON ANY OF THE FOLLOWING EVENTS: 1) REACHING THE AGE OF 65 (THE PLAN'S NORMAL RETIREMENT AGE), OR 2) DEATH, OR BECOME DISABLED UNDER THE LONG-TERM DISABILITY PLAN OR SOCIAL SECURITY. SHOULD EMPLOYMENT END FOR ANY REASON OTHER THAN TERMINATION WITH SEVERANCE, RETIREMENT AT AGE 65 OR OLDER, DISABILITY, OR DEATH, UNVESTED SERP FUNDS ARE FORFEITED. IF EMPLOYMENT IS TERMINATED WITH SEVERANCE, THE TERMS AND CONDITIONS OUTLINED WITHIN THE SERP, AND NOT THOSE OF ANY SEVERANCE AGREEMENT, WILL CONTROL AND GOVERN PAYMENT ENTITLEMENT UNDER THE SERP. CERTAIN ELIGIBLE LISTED PERSONS RECEIVED AN ADDITIONAL PAYMENT DURING 2024 DUE TO A DELAY IN THE START DATE OF THE SERP. CERTAIN LISTED PERSONS ARE ELIGIBLE TO PARTICIPATE IN THE CATHOLIC HEALTH INITIATIVES SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN, A SUPPLEMENTAL NON-QUALIFIED DEFERRED COMPENSATION PLAN FOR REGION CEOS/PRESIDENTS AND OTHER DESIGNATED COMMONSPIRIT EXECUTIVES AT THE LEVEL OF SENIOR VICE PRESIDENT AND ABOVE. DUE TO THE "SUPER" VESTING RULES UNDER COMMONSPIRIT'S DEFERRED COMPENSATION PLAN, PARTICIPANTS WHO HAVE MET CERTAIN REQUIREMENTS SUCH AS INVOLUNTARY TERMINATION WITHOUT CAUSE, AGE, AGE AND YEARS OF SERVICE, OR MORE THAN 5 YEARS OF PLAN PARTICIPATION ARE ELIGIBLE TO RECEIVE THEIR 2024 CONTRIBUTIONS IN CASH. THESE CASH PAYOUTS ARE INCLUDED IN THE PARTICIPANT'S REPORTABLE COMPENSATION IN COLUMN (III) OTHER REPORTABLE COMPENSATION ON SCHEDULE J PART II.
PART II:
MERCY FOUNDATION, INC. FOLLOWS COMMONSPIRIT'S EXECUTIVE COMPENSATION PHILOSOPHY. COMMONSPIRIT'S EXECUTIVE COMPENSATION PHILOSOPHY IS DESIGNED TO ASSIST COMMONSPIRIT IN ATTRACTING AND RETAINING THE CALIBER OF EXECUTIVES REQUIRED TO ENABLE COMMONSPIRIT TO FULFILL ITS MISSION OF PROVIDING HIGH QUALITY HEALTHCARE FOR ALL PERSONS REGARDLESS OF THEIR ABILITY TO PAY FOR SERVICES, IMPROVING THE QUALITY OF LIFE IN THE COMMUNITIES COMMONSPIRIT SERVES, PROMOTING PATIENT AND EMPLOYEE SATISFACTION, AND ENSURING FINANCIAL STABILITY. A SUBSTANTIAL PORTION OF EXECUTIVE COMPENSATION IS PERFORMANCE BASED AND IS LINKED TO ORGANIZATIONAL GOALS APPROVED IN ADVANCE BY THE PEOPLE AND COMPENSATION COMMITTEE. THESE GOALS INCLUDE ATTAINMENT OF ANNUAL AND LONG-TERM FINANCIAL PERFORMANCE, CERTAIN HEALTHCARE QUALITY STANDARDS AND COMMONSPIRIT'S COMMITMENT TO SERVING THE POOR AND DISENFRANCHISED IN THE COMMUNITIES IT SERVES. TOTAL COMPENSATION, WHICH INCLUDES BASE SALARY, ANNUAL, AND LONG-TERM INCENTIVE COMPENSATION, IS ESTABLISHED TO APPROXIMATE THE PREVAILING MARKET CONDITIONS FOR EXECUTIVES OF COMPANIES OF SIMILAR SIZE, REVENUES AND COMPLEXITY. PAYMENTS PURSUANT TO A LONG-TERM FINANCIAL PERFORMANCE GOAL WERE PAID IN CALENDAR YEAR 2024.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

Provenance

Return type
form_990
Tax year
2024
Filed
13 May 2026
IRS schema version
2024v5.5
Source object
202611339349303041

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