Overview

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Est.

2012

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

MERCY PROPERTY HOLDINGS is a nonprofit organization focused on health, dedicated to holding title to properties on behalf of its parent, Mercy Health North LLC (MHN), and collecting income to support its operations. With an operating budget of $673K and total revenue of $371.5K for the 2024 filing year, the organization plays a crucial role in financial management for MHN. It does not rely on a single funder for 50% or more of its revenue.

Mission Statement

To hold title to properties on behalf of its parent, Mercy Health North LLC (MHN), to collect the income therefrom, and to turn over the total income, less expenses, to MHN.
Revenues
$371.5K
Expenses
$673K
Net Income:
-$301.5K
Assets
$1.9M
Liabilities
$329.5K
Net Assets:
+$1.5M
Operating Budget
$673K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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J
Jeffrey Dempsey
Board Member
M
Matthew Sapara
Board Member
J
Jennifer DIscher
Board Member

Frequently Asked Questions

What is MERCY PROPERTY HOLDINGS’s budget?
In 2024, MERCY PROPERTY HOLDINGS reported an annual operating budget of around $673 thousand. More detailed financial information is available to registered users.
What causes does MERCY PROPERTY HOLDINGS support?
MERCY PROPERTY HOLDINGS supports work in Health.
Where does MERCY PROPERTY HOLDINGS operate?
MERCY PROPERTY HOLDINGS is headquartered in Toledo, OH.