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Mercy Ridge Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 522097927 ✦ Timonium, MD ✦ Designated as a 501(c)(3)

Overview

What is Mercy Ridge Inc?

Mercy Ridge Inc is a thriving continuing care retirement community located at 2525 Pot Spring Road, Timonium, Maryland, 21093. With a mission to support the dignity and fulfillment of its residents, Mercy Ridge offers housing and personal services, enabling over 500 individuals to live independently or receive compassionate care and assisted living options as needed. Their commitment to residents' cultural, intellectual, and spiritual aspirations creates a socially stimulating and diverse environment with 408 independent living units, 35 assisted living units, and 12 dementia units. Mercy Ridge boasts an impressive occupancy rate, with 93.6% occupancy in independent living and 91.5% occupancy in assisted living. The organization is dedicated to helping residents maintain their independence while offering skilled care and support when necessary. With a team of 277 employees, Mercy Ridge fosters a wholesome community for its 531 residents.


Official website here: www.mercyridge.com

Is Mercy Ridge Inc legitimate?

Mercy Ridge Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mercy Ridge Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,330,235

For more financial information, click here


Official website here: www.mercyridge.com

What is the mission statement of Mercy Ridge Inc?

Mercy Ridge Inc is a continuing care retirement facility that offers a range of living options for its residents. These options include 408 independent living apartments, 35 assisted living units, and 12 dementia units. The mission of Mercy Ridge is to enable its residents to enjoy a dignified and fulfilling lifestyle. The community is dedicated to supporting their independence and helping them achieve their cultural, intellectual, and spiritual aspirations. Mercy Ridge provides skilled and compassionate care when needed, and creates a wholesome and socially stimulating environment in a diverse community. The facility is committed to welcoming persons of all faiths and backgrounds. Mercy Ridge's high occupancy rates, with 93.6% in independent living and 91.5% in assisted living, demonstrate the strong demand for its services. The community is fully reserved and has 212 potential residents on its waitlist.


Official website here: www.mercyridge.com

Who is the CEO of Mercy Ridge Inc?

Thomas Clements is the Principal Officer of Mercy Ridge Inc.


Official website here: www.mercyridge.com

What is the revenue of Mercy Ridge Inc?

Mercy Ridge Inc's revenue in 2022 was $25,724,351.


Official website here: www.mercyridge.com

Who are the executives of Mercy Ridge Inc and what are their salaries?

The average compensation at Mercy Ridge Inc during 2022 was $26,463. There are 277 employees and 10 volunteers at Mercy Ridge Inc.

Here are 16 key members and their salaries:

    Patty Yingling (Director Of Marketing)
  • Compensation: $160,609
  • Related: $0
  • Other: $0

    • Michael Faulkner (Director Of Dining)
  • Compensation: $125,008
  • Related: $0
  • Other: $0

    • Gary Pfeifer (Director Of Facilities)
  • Compensation: $119,087
  • Related: $0
  • Other: $0

    • Connie Smith (Director Of Health & Wellness)
  • Compensation: $116,965
  • Related: $0
  • Other: $0

    • Lauren Lutz (Director Of Human Resources)
  • Compensation: $109,569
  • Related: $0
  • Other: $0

    • Sr Helen Amos Rsm (Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rev Msgr Richard Woy (Vice-Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Justin Deibel (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Geraldine Buckley (Resident Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gerald Kahan (Resident Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Philip Beatson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Batza Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rev Msgr Paul Cook (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bonnie Phipps (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Matera (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Denton (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.mercyridge.com

    Where can I find the form 990 for Mercy Ridge Inc?

    The Mercy Ridge Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.mercyridge.com

    Learn more at the official website: www.mercyridge.com

    Mission Statement of Mercy Ridge Inc

    Mercy Ridge, a continuing care retirement facility, is dedicated to enriching the lives of its residents by providing them with a dignified and fulfilling lifestyle. With 408 independent living apartments, 35 assisted living units, and 12 dementia units, Mercy Ridge offers various living options to cater to the diverse needs of its residents.

    Mercy Ridge is more than just a retirement community; it is a place where residents can pursue their cultural, intellectual, and spiritual aspirations. The community is committed to supporting the independence of its residents, offering skilled and compassionate care when needed. Mercy Ridge creates a wholesome and socially stimulating environment, welcoming individuals of all faiths and backgrounds.

    The mission of Mercy Ridge is to provide housing and personal services that enable its residents to live with dignity and enjoy their retirement years. The organization is committed to helping its residents achieve their aspirations and maintain their independence, while offering assisted living options and skilled care when required. Mercy Ridge's commitment to its residents extends beyond the basics, as it strives to create a sense of community, providing opportunities for social engagement and fostering a supportive and inclusive environment.

    With 93.6% occupancy in independent living and 91.5% occupancy in assisted living, Mercy Ridge has a total of 531 residents. The community is fully reserved and has 212 potential residents on its waitlist. Mercy Ridge's residents enjoy a vibrant community and the peace of mind that comes with knowing they have access to the care they need, in a place that values and respects their individuality.

    Impact

    This information is meant to be a general summary of Mercy Ridge Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Mercy Ridge Inc's impact can be seen in the dignified and fulfilling lifestyle it provides to its residents. By offering a range of housing options and personalized services, Mercy Ridge enables its residents to maintain independence and pursue their cultural, intellectual, and spiritual aspirations. The organization's commitment to skilled and compassionate care, as well as its socially stimulating environment, contribute to the well-being of the diverse community it serves. With a high occupancy rate and a significant number of potential residents on its waitlist, Mercy Ridge is clearly meeting a critical need for housing and care for older adults in its area.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,848,878
  • Program Service Revenue: $23,453,632
  • Gross Receipts: $25,792,719

    • Assets and Liabilities:
  • Total Assets: $140,650,271
  • Total Liabilities: $154,991,939
  • Net Assets: -$14,341,668
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    RESIDENT SERVICE FEES

    Revenue

    $23,453,632

    Organization Details

    Founding Year

    1997

    Principal Officer

    Thomas Clements

    Main Address

    2525 POT SPRING ROAD, TIMONIUM, MD, 21093

    NTEE Category

    Code: L220 - Housing

    If you are a representative of Mercy Ridge Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.