Skip to content
Nonprofiteer
← MERCY HEALTH SERVICES INC

Form 990 for tax year 2024

Filed by MERCY HEALTH SERVICES INC.

Totals

Total revenue
$99,866,510
Total expenses
$97,727,134
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$98,050,076
Investment income
$1,816,434
Other revenue
$0
Total assets, end of year
$54,761,025
Total liabilities, end of year
$146,946,592
Net assets or fund balances, end of year
-$92,185,567
Program services expenses (Part IX)
$89,986,037
Management and general expenses
$7,741,097
Fundraising expenses
$0
Program service expenses (Part III)
$89,986,037

Program services were 92.1% 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.

  • 2a · Program service revenue: LUTHERVILLE HEMATOLOGY & ONCOLOGY SERVICES REVENUE

    total $74,189,849 · related or exempt $74,189,849

  • 2b · Program service revenue: NORTH CALVERT ANESTHESIA REVENUE

    total $16,225,886 · related or exempt $16,225,886

  • 2c · Program service revenue: Management Fee

    total $4,370,959 · related or exempt $4,370,959

  • 2d · Program service revenue: Vascular Specialty Services Revenue

    total $3,263,382 · related or exempt $3,263,382

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $1,816,434 · unrelated business -$49,378 · excluded $1,865,812

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $6,244,262 · program services $2,385,614 · management and general $3,858,648

  • 7 · Other salaries and wages

    total $22,517,668 · program services $22,517,668

  • 8 · Pension plan contributions

    total $529,282 · program services $458,274 · management and general $71,008

  • 9 · Other employee benefits

    total $1,721,893 · program services $1,490,887 · management and general $231,006

  • 10 · Payroll taxes

    total $1,238,851 · program services $1,072,649 · management and general $166,202

  • 11a · Fees: management

    total $3,246,362 · management and general $3,246,362

  • 11f · Fees: investment management

    total $98,379 · management and general $98,379

  • 11g · Fees: other

    total $338,875 · program services $334,329 · management and general $4,546 · fundraising $0

  • 12 · Advertising and promotion

    total $460 · program services $460

  • 13 · Office expenses

    total $340,414 · program services $322,591 · management and general $17,823

  • 14 · Information technology

    total $25,722 · program services $25,722

  • 16 · Occupancy

    total $497,360 · program services $497,360

  • 17 · Travel

    total $102,724 · program services $60,447 · management and general $42,277

  • 19 · Conferences, conventions and meetings

    total $41,885 · program services $41,885

  • 22 · Depreciation, depletion and amortization

    total $247,307 · program services $247,307

  • 23 · Insurance

    total $603,935 · program services $603,935

  • 24a · Other expenses: Medical Supplies

    total $67,206,011 · program services $67,206,011

  • 24b · Other expenses: Taxes/Fees

    total $166,759 · program services $166,759

  • 24c · Other expenses: Repairs & Maintenance

    total $19,512 · program services $19,512

  • 24d · Other expenses: Other Expenses

    total -$257,532 · program services -$262,378 · management and general $4,846

  • 24e · All other expenses

    total -$7,202,995 · program services -$7,202,995 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,078,412 · end of year $997,554

  • 4 · Accounts receivable

    beginning of year $8,272,305 · end of year $8,113,549

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $2,843,837 · end of year $2,808,808

  • 9 · Prepaid expenses and deferred charges

    end of year $807

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

    $2,684,723

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

    $1,472,049

  • 10c · Land, buildings and equipment, net

    beginning of year $1,415,579 · end of year $1,212,674

  • 12 · Investments: other securities

    beginning of year $29,698,591 · end of year $32,936,085

  • 13 · Investments: program-related

    beginning of year $8,650,174 · end of year $8,650,174

  • 15 · Other assets

    beginning of year $0 · end of year $41,374

  • 17 · Accounts payable and accrued expenses

    beginning of year $8,000,960 · end of year $8,985,042

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $0

  • 25 · Other liabilities

    beginning of year $26,443,035 · end of year $137,961,550

  • 27 · Net assets without donor restrictions

    beginning of year $17,514,903 · end of year -$92,185,567

Mission and programs · 2024

Mission

MERCY HEALTH SERVICES, INC WAS FORMED FOR THE SOLE PURPOSE OF SUPPORTING, BENEFITING OR CARRYING OUT SOME OR ALL OF THE EXEMPT PURPOSES OF MERCY MEDICAL CENTER, INC (MMC), STELLA MARIS, INC (SM), and Mercy Health Foundation, Inc (MHF), including by providing leadership for MMC, SM, MHF, and all other controlled subsidiaries of Mercy Health System (collectively, the "Health System").

  • LUTHERVILLE MEDICAL ONCOLOGY AND HEMATOLOGY PROVIDES HIGH QUALITY SPECIALTY MEDICAL SERVICES TO THE COMMUNITY TO PROMOTE THE QUALITY OF PATIENT CARE BY THE MERCY HEALTH SYSTEM.

    Expenses $71,397,972 · Revenue $74,189,849

  • NORTH CALVERT ANESTHESIOLOGY SERVICES, LLC PROVIDES ALL ANESTHESIOLOGY SERVICES WITHIN MERCY MEDICAL CENTER, INC.

    Expenses $15,431,068 · Revenue $16,225,886

  • MERCY HEALTH SERVICES, INC WAS FORMED FOR THE EXEMPT PURPOSES OF SUPPORTING, BENEFITING OR CARRYING OUT SOME OR ALL OF THE PURPOSES OF MERCY MEDICAL CENTER, INC., STELLA MARIS INC., MARYLAND FAMILY CARE INC., ST. PAUL PLACE SPECIALIST, AND MERCY HEALTH FOUNDATION. IN DECEMBER 2011 MERCY MEDICAL CENTER OPENED A NEW HOSPITAL FACILITY THAT WILL CONTINUE TO PROVIDE QUALITY HEALTHCARE TO THE RESIDENT'S OF BALTIMORE CITY AND BEYOND, REGARDLESS OF ECONOMIC MEANS.

    Expenses $160,778 · Revenue $4,290,299

  • Vascular Specialty Services, LLC provides quality physician services, specializing in vascular surgery delivered to the community by duly licensed professionals. In 9 months of FY25, Vascular completed 765 surgical cases, and provided care through 6,491 patient visits.

    Expenses $2,996,219 · Revenue $3,263,382

  • MERCY HEALTH SERVICES, INC, AS 50% OWNER OF MERCY RIDGE, INC. PROVIDES MANAGEMENT SUPPORT, INCLUDING FINANCIAL AID AND IT SUPPORT TO MERCY RIDGE'S CONTINUING CARE RETIREMENT FACILITY. MANAGEMENT SUPPORT FOR MERCY RIDGE CONSISTS OF ASSISTING THE ORGANIZATION WITH FULFILLING ITS MISSION TO PROVIDE A RETIREMENT FACILITY AND ITS RESIDENTS WITH A DIGNIFIED AND FULFILLING LIFESTYLE, AS WELL AS COMPASSIONATE CARE + ASSISTED LIVING OPTIONS WHEN NEEDED.

    Revenue $80,660

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

Listed in Part VII

  • David N Maine MD

    President/CEO (ex officio)

    Total calculated
    $2,203,513
    From this org
    $2,159,214
    From related orgs
    $0
    Other
    $44,299
    Hours/week
    0.5 + 45.5 related

    Schedule J breakdown matched by us

    Base
    $1,291,089
    Bonus
    $611,719
    Other
    $256,406
    Deferred
    $10,350
    Nontaxable benefits
    $33,949
    Filer's total
    $2,203,513

  • Earl L Linehan

    Treasurer

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related

  • Marilynn K Duker

    Vice Chair

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related

  • Mary Fanning Sr RSM

    Secretary

    Total calculated
    $0
    Hours/week
    0.5

  • Sister Helen Amos RSM

    Executive Chair

    Total calculated
    $0
    Hours/week
    30 + 0.5 related

  • Alexander T Mason

    Trustee

    Total calculated
    $0
    Hours/week
    0.5

  • Ashanti Woods MD

    Trustee

    Total calculated
    $467,644
    From this org
    $0
    From related orgs
    $424,091
    Other
    $43,553
    Hours/week
    0.5 + 39.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $300,467 related
    Bonus
    $0 + $123,624 related
    Other
    $0
    Deferred
    $0 + $9,300 related
    Nontaxable benefits
    $0 + $34,253 related
    Filer's total
    $0 + $467,644 related

  • Beverly Cooper

    Trustee

    Total calculated
    $0
    Hours/week
    0.5

  • Charles L Maskell Jr

    Trustee

    Total calculated
    $0
    Hours/week
    0.5

  • David B Posner MD

    Trustee

    Total calculated
    $19
    From this org
    $0
    From related orgs
    $0
    Other
    $19
    Hours/week
    0.5

  • Edward L Cahill

    Trustee

    Total calculated
    $0
    Hours/week
    0.5

  • Harry D Halpert

    Trustee

    Total calculated
    $0
    Hours/week
    0.5

  • J Drexel Knight

    Trustee

    Total calculated
    $0
    Hours/week
    0.5

  • James M Carlton MD

    Trustee

    Total calculated
    $0
    Hours/week
    0.5

  • John Campbell MD

    Trustee

    Total calculated
    $599,719
    From this org
    $0
    From related orgs
    $549,901
    Other
    $49,818
    Hours/week
    0.5 + 39.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $544,982 related
    Bonus
    $0 + $4,919 related
    Other
    $0
    Deferred
    $0 + $15,565 related
    Nontaxable benefits
    $0 + $34,253 related
    Filer's total
    $0 + $599,719 related

  • John F Cavanaugh

    Trustee

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related

  • Kevin J Pearson

    Trustee

    Total calculated
    $0
    Hours/week
    0.5

  • Laura L Gamble

    Trustee

    Total calculated
    $0
    Hours/week
    0.5

  • Marc C Bunting

    Trustee

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related

  • Margaret M Beatty Sr RSM

    Trustee

    Total calculated
    $0
    Hours/week
    0.5

  • Maria Jacobs

    Trustee

    Total calculated
    $0
    Hours/week
    0.5

  • Mark Gladwin MD

    Trustee

    Total calculated
    $0
    Hours/week
    0.5

  • Mark R Fetting

    Trustee

    Total calculated
    $0
    Hours/week
    0.5

  • Mary Louise Preis esquire

    Trustee

    Total calculated
    $0
    Hours/week
    0.5

  • Matthew D Gallagher

    Trustee

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related

  • Michael Batza Jr

    Trustee

    Total calculated
    $0
    Hours/week
    0.5 + 10 related

  • Richard Berndt

    Trustee

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related

  • Shanaysha M Sauls PhD

    Trustee

    Total calculated
    $0
    Hours/week
    0.5

  • Timothy J Simons MD

    Trustee

    Total calculated
    $247,119
    From this org
    $0
    From related orgs
    $215,014
    Other
    $32,105
    Hours/week
    0.5 + 39.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $175,014 related
    Bonus
    $0 + $40,000 related
    Other
    $0
    Deferred
    $0 + $5,372 related
    Nontaxable benefits
    $0 + $26,733 related
    Filer's total
    $0 + $247,119 related

  • Truman Seman

    Emeritus Trustee

    Total calculated
    $0
    Hours/week
    0.5

  • Justin C Deibel

    Executive VP/CFO

    Total calculated
    $1,360,942
    From this org
    $1,311,468
    From related orgs
    $0
    Other
    $49,474
    Hours/week
    15 + 27 related

    Schedule J breakdown matched by us

    Base
    $802,067
    Bonus
    $355,815
    Other
    $153,586
    Deferred
    $15,525
    Nontaxable benefits
    $33,949
    Filer's total
    $1,360,942

  • Wilma AS Rowe MD

    SVP & CMO

    Total calculated
    $1,072,569
    From this org
    $1,024,977
    From related orgs
    $0
    Other
    $47,592
    Hours/week
    0.5 + 44.5 related

    Schedule J breakdown matched by us

    Base
    $624,406
    Bonus
    $232,369
    Other
    $168,202
    Deferred
    $15,525
    Nontaxable benefits
    $32,067
    Filer's total
    $1,072,569

  • Bahram Sarfaraz

    Physician

    Total calculated
    $688,169
    From this org
    $639,541
    From related orgs
    $0
    Other
    $48,628
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $508,941
    Bonus
    $130,600
    Other
    $0
    Deferred
    $14,375
    Nontaxable benefits
    $34,253
    Filer's total
    $688,169

  • Charles X Lin MD

    Physician

    Total calculated
    $662,641
    From this org
    $650,462
    From related orgs
    $0
    Other
    $12,179
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $527,206
    Bonus
    $123,256
    Other
    $0
    Deferred
    $10,350
    Nontaxable benefits
    $1,829
    Filer's total
    $662,641

  • Daniel J Choi

    Physician

    Total calculated
    $666,749
    From this org
    $620,996
    From related orgs
    $0
    Other
    $45,753
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $507,662
    Bonus
    $113,334
    Other
    $0
    Deferred
    $11,500
    Nontaxable benefits
    $34,253
    Filer's total
    $666,749

  • Jung-in Lee MD

    Physician

    Total calculated
    $652,520
    From this org
    $630,010
    From related orgs
    $0
    Other
    $22,510
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $630,010
    Bonus
    $0
    Other
    $0
    Deferred
    $20,700
    Nontaxable benefits
    $1,810
    Filer's total
    $652,520

  • Reynaldo M Mia MD

    Physician

    Total calculated
    $654,485
    From this org
    $636,441
    From related orgs
    $0
    Other
    $18,044
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $518,941
    Bonus
    $117,500
    Other
    $0
    Deferred
    $15,525
    Nontaxable benefits
    $2,519
    Filer's total
    $654,485

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

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

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

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

No itemized grants to organizations 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.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • MARYLAND SPECIALTY SERVICES LLC

    SPECIALTY CARE · MD · income $0 · assets $0

    Directly controlled by MHS

  • LUTHERVILLE HEMATOLOGY & ONCOLOGY LLC

    SPECIALTY CARE · MD · income $73,764,530 · assets $4,078,497

    Directly controlled by MHS

  • NORTH CALVERT ANESTHESIOLOGY SERVICESLLC

    SPECIALTY CARE · MD · income $16,225,886 · assets $7,700,859

    Directly controlled by MHS

  • Vascular Specialty Services Inc

    Medical Practice · MD · income $4,990,400 · assets $31,028

    Directly controlled by MHS

Related corporations and trusts

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

  • GREENLEAF INSURANCE CO LTD

    C Corporation · INSURANCE · CJ

    Directly controlled by MMC

Provenance

Return type
form_990
Tax year
2024
Filed
8 April 2026
IRS schema version
2024v5.1
Source object
202620989349300722

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.