Nonprofit · EIN 36-3227350
MERCY FOUNDATION INC
Tax-exempt · MAYWOOD, IL 60153
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $717,103 | $30,574 | $686,529 | $6,867,379 | $0 | $6,867,379 |
| June 30, 2024 | 990 | $531,687 | $19,803 | $511,884 | $6,180,850 | $0 | $6,180,850 |
| June 30, 2023 | 990 | $122,424 | $1,009,783 | -$887,359 | $5,668,966 | $0 | $5,668,966 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $717,103
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $19,500
- Management and general (functional)
- $11,074
Balance sheet and other
- Total assets, start of year
- $6,180,850
- Total assets, end of year
- $6,867,379
- Total liabilities, end of year
- $0
- Net assets, end of year
- $6,867,379
- Publicly traded securities
- $4,793,908
- Net assets without donor restrictions
- $4,502,238
- Net assets with donor restrictions
- $2,365,141
- Gross receipts
- $717,103
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1983
- State of legal domicile
- IL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| BENJAMIN CARTER | DIR; CHAIR; PRES; TH EVP & COO Trustee or director, Officer | 1 | $0 | $3,436,400 | $52,582 |
| JOHN CAPASSO | FORMER OFFICER Former | 0 | $0 | $426,381 | $10,299 |
| MICHAEL PRISBY | DIRECTOR; TREASURER Trustee or director, Officer | 1 | $0 | $352,606 | $52,890 |
| JEFFREY MATHIS | DIRECTOR; SECRETARY; GENERAL COUNSEL Trustee or director, Officer | 1 | $0 | $283,904 | $35,973 |
| SILIA MIGLIO | FORMER OFFICER; TH CONSULTANT Former | 0 | $0 | $295,633 | $21,584 |
990 for the year ended June 30, 2024: 5 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| BENJAMIN CARTER | DIR; CHAIR; PRES; TH EVP & COO Trustee or director, Officer | 1 | $0 | $2,918,972 | $80,718 |
| JOHN CAPASSO | FORMER OFFICER Former | 0 | $0 | $888,904 | $15,306 |
| MICHAEL PRISBY | DIRECTOR; TREASURER Trustee or director, Officer | 1 | $0 | $322,499 | $54,489 |
| SILIA MIGLIO | FORMER OFFICER; TH CONSULTANT Former | 0 | $0 | $281,500 | $25,012 |
| JEFFREY MATHIS | DIRECTOR; SECRETARY; GENERAL COUNSEL Trustee or director, Officer | 1 | $0 | $265,983 | $37,097 |
990 for the year ended June 30, 2023: 12 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| BENJAMIN CARTER | DIR/CHR/PRES AT 8/22; TH EVP & COO Trustee or director, Officer | 1 | $0 | $2,758,940 | $98,795 |
| JOHN CAPASSO | DIRECTOR; PRESIDENT & CEO THR 7/22 Trustee or director, Officer | 1 | $0 | $1,172,736 | $1,077,862 |
| CAROL GARIKES-SCHNEIDER | FORMER OFFICER Former | 0 | $0 | $699,658 | $14,240 |
| MICHAEL MARKOS MD | DIRECTOR THRU 10/22; PULMONOLOGIST Trustee or director | 1 | $0 | $526,089 | $37,392 |
| MICHAEL PRISBY | DIR &TREAS 08/22; TH VP STRG FINL Trustee or director | 1 | $0 | $303,000 | $53,073 |
| SILIA MIGLIO | FORMER OFFICER; TH CONSULTANT Former | 0 | $0 | $309,871 | $28,273 |
| JEFFREY MATHIS | DIR AS OF 8/22; SECR; GENL CNSL Trustee or director, Officer | 1 | $0 | $254,935 | $36,946 |
| THOMAS CAPLIS | DIRECTOR; CHAIR THROUGH 10/22 Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DAWN CHICO DOLAN | DIRECTOR THROUGH 10/22 Trustee or director | 1 | $0 | $0 | $0 |
| JEFFREY KRAMER MD | DIRECTOR THROUGH 10/22 Trustee or director | 1 | $0 | $0 | $0 |
| RAMI LUTFI MD | DIRECTOR THROUGH 10/22 Trustee or director | 1 | $0 | $0 | $0 |
| MAUREEN O'DONNELL | DIRECTOR THROUGH 10/22 Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2160 SOUTH FIRST AVENUE ACCT DEPT, MAYWOOD, IL 60153-0000
- Principal officer (990 for 2024)
- MICHAEL PRISBY, 20555 VICTOR PARKWAY, LIVONIA, MI 48152
- Signed the 990
- JEFFREY MATHIS, SECRETARY
- Phone
- (708) 681-3200
Mission
WE, MERCY HEALTH SYSTEM OF CHICAGO AND TRINITY HEALTH, SERVE TOGETHER IN THE SPIRIT OF THE GOSPEL AS A COMPASSIONATE AND TRANSFORMING HEALING PRESENCE WITHIN OUR COMMUNITIES.MERCY FOUNDATION IS A MEMBER OF MERCY HEALTH SYSTEM OF CHICAGO AND TRINITY HEALTH.
Program accomplishments
- MERCY FOUNDATION BEGAN IN 1983 AND IS LOCATED IN CHICAGO, ILLINOIS. THE FOUNDATION WAS THE FUNDRAISING ARM OF MERCY HEALTH SYSTEM OF CHICAGO. MERCY HEALTH SYSTEM OF CHICAGO IS IN WIND DOWN AFTER THE SALE OF MERCY HOSPITAL AND MEDICAL CENTER ON MAY 31, 2021. A RESOLUTION HAS BEEN ADOPTED BY THE MERCY FOUNDATION TO TRANSFER UNRESTRICTED FUNDS TO OTHER 501(C)(3) ORGANIZATIONS WHICH WILL HONOR MERCY HEALTH AND MEDICAL CENTER'S LEGACY AND SERVE THE COMMUNITIES IN WHICH MERCY HOSPITAL AND MEDICAL CENTER OPERATED. A PLAN IS IN PROCESS TO DETERMINE WHAT CAN BE DONE WITH THE RESTRICTED FUNDS.Expenses $19,500
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 36-3227350
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Exempt since
- 1946
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T70Z)
- Group exemption
- 0928: UNITED STATES CATHOLIC CONFERENCE
- Assets (IRS master file)
- $6,867,379
- Income (IRS master file)
- $717,103
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $717,103 | $30,574 | $6,867,379 | IRS |
| 990 | June 2024 | $531,687 | $19,803 | $6,180,850 | IRS |
| 990 | June 2023 | $122,424 | $1,009,783 | $5,668,966 | XML |
| 990 | June 2022 | $369,632 | $40,284 | $6,556,325 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 36-3227350).
Questions about MERCY FOUNDATION INC
- What is the EIN of MERCY FOUNDATION INC?
- The employer identification number (EIN) of MERCY FOUNDATION INC is 36-3227350.
- Is MERCY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1946.
- Which annual return does MERCY FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MERCY FOUNDATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MERCY FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of MERCY FOUNDATION INC?
- The 990 for the year ended June 30, 2025 names MICHAEL PRISBY.
- Who are the officers and directors of MERCY FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does MERCY FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $717,103, expenses of $30,574 and total assets of $6,867,379 at year end.
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