Civic Intelligence

Mercy College of Ohio Foundation Inc

EIN 14-1963204 • 501(c)3 • Toledo, OH

Profile

The vision of the mercy college of ohio foundation, rooted in the college's history and heritage, is to initiate and form relationships that promote stewardship, fundraising, and advocacy in support of student success. The mission of mercy college of ohio foundation, inc. Is to provide philanthropic support for mercy college of ohio through the acquisition and allocation of resources.

2221 Madison AvenueToledo, OH 43604

www.mercycollege.edu

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2018

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2018

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2018

Top Officer Pay

99th percentile

$342,548

Higher top officer pay than 99% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

3rd percentile

-100%

Faster revenue growth than 3% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$0

Down $1,890,657 (-100%) from 2017

Liabilities

Down

$0

Down $66,786 (-100%) from 2017

Net Assets

Down

$0

Down $1,823,871 (-100%) from 2017

Revenue

Down

$0

Down $632,475 (-100%) from 2017

Expenses

Down

$0

Down $392,483 (-100%) from 2017

Net Income

Down

$0

Down $239,992 (-100%) from 2017

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0Assets 2010: $721,016Liabilities 2010: $144,334Net Assets 2010: $576,6822010Assets 2011: $649,746Liabilities 2011: $51,313Net Assets 2011: $598,4332011Assets 2012: $786,505Liabilities 2012: $255,432Net Assets 2012: $531,0732012Assets 2013: $838,433Liabilities 2013: $89,861Net Assets 2013: $748,5722013Assets 2014: $835,373Liabilities 2014: $94,664Net Assets 2014: $740,7092014Assets 2015: $1,950,516Liabilities 2015: $172,136Net Assets 2015: $1,778,3802015Assets 2016: $1,379,026Liabilities 2016: $13,424Net Assets 2016: $1,365,6022016Assets 2017: $1,890,657Liabilities 2017: $66,786Net Assets 2017: $1,823,8712017Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018

Highlighted filing

2018

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.0M$0-$1.0MExpenses 2010: $346,4792010Expenses 2011: $364,8922011Expenses 2012: $289,6402012Revenue 2013: $358,137Expenses 2013: $492,188Net Income 2013: -$134,0512013Revenue 2014: $398,736Expenses 2014: $395,591Net Income 2014: $3,1452014Revenue 2015: $1,130,818Expenses 2015: $317,032Net Income 2015: $813,7862015Revenue 2016: $1,978,799Expenses 2016: $1,410,375Net Income 2016: $568,4242016Revenue 2017: $632,475Expenses 2017: $392,483Net Income 2017: $239,9922017Revenue 2018: $0Expenses 2018: $0Net Income 2018: $02018

Highlighted filing

2018

Revenue$0
Expenses$0
Net Income$0

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Oct 30, 2018
Signed
Sep 13, 2019
Return Version
2018v3.1
Gross Receipts
$0
Mission and Program Overview

Mission

The vision of the mercy college of ohio foundation, rooted in the college's history and heritage, is to initiate and form relationships that promote stewardship, fundraising, and advocacy in support of student success. The mission of mercy college of ohio foundation, inc. Is to provide philanthropic support for mercy college of ohio through the acquisition and allocation of resources.

The vision of the mercy college of ohio foundation, rooted in the college's history and heritage, is to initiate and form relationships that promote stewardship, fundraising, and advocacy in support of student success. The mission is to provide philanthropic support for mercy college of ohio through the acquisition and allocation of resources. Mercy college of ohio foundation has numerous scholarship programs to provide financial assistance to students in need to perpetuate the values of excellence, justice, human dignity, mercy and services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$1,324,340--
Savings and Temporary Cash Investments$561,317$0▼ $561,317
Accounts Receivable$5,000$0▼ $5,000
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0--
Land, Buildings, and Equipment, Net$0$0→ $0
Loans From Officers Directors-$0-
Total Assets$1,890,657$0▼ $1,890,657
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$60,033$0▼ $60,033
Other Liabilities$6,753$0▼ $6,753
Total Liabilities$66,786$0▼ $66,786
Net Assets / Fund Balance
Temporarily Rstr Net Assets$1,293,757$0▼ $1,293,757
Permanently Rstr Net Assets$560,823$0▼ $560,823
Unrestricted Net Assets$-30,709$0▲ $30,709
Total Net Assets Fund Balance$1,823,871$0▼ $1,823,871
Total Liabilities and Net Assets / Fund Balance$1,890,657$0▼ $1,890,657
Compensation and Service Providers

Board Members and Trustees

NameTitle
-Chairperson
-President - Mercy College
-Vice-chairperson
-Board Member
-Secretary
-Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$0
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$0
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees-$0-
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Funds in Custody-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 12C POLICIES

The compensation of the ceo or top management official is determined by mercy health north llc, a related tax-exempt organization.

Form 990, Part VI, Line 6 Classes of members or stockholders

Mercy health north llc is the member of mercy college of ohio foundation.

Form 990, Part VI, Line 7A Members or stockholders electing members of governing body

Mercy Health North LLC approves members that are appointed to the Board of Trustees. All members of the board of trustees have full voting rights.

Form 990, Part VI, Line 7B Decisions requiring approval by members or stockholders

Certain matters require approval of the Mercy Health Corporate Member, Mercy Health Governing body, or Mercy Health CEO. The regulations of the organization describe the level of approval required for various decisions.

Form 990, Part VI, Line 11B Review of form 990 by governing body

The Form 990 is prepared by the Bon Secours Mercy Health Tax Department and reviewed by management of the Merger entity.

Form 990, Part VI, Line 12C Conflict of interest policy

For Board and/or subcommittee meetings - all members must file a Conflict of Interest form. The Committee Chair is notified of any conflicts for any of the committee members or Board of Trustees members. At the beginning of all board meetings or committee meetings, members are reminded that they are to notify the chair of any conflicts of interest and excuse themselves as necessary from the discussion and/or vote. For Key employees - their manager is notified of any conflicts reported on the COI form. If conflicts exist, employees are required to excuse themselves from the issue.

Form 990, Part VI, Line 19 Required documents available to the public

The system-wide conflict of interest policy and financial statements are posted on the mercy health website.

Filing and Contact Details

Filer

Filer Name
Mercy College of Ohio Foundation Inc
EIN
14-1963204
Phone
4192512047
Address
2221 Madison Avenue, Toledo, OH 43604

Signing Officer

Name
Tim Koder
Title
Mercy Health Founation President
Signed
2019-09-13

Organization Details

Formed
2006
Legal Domicile
Oh
Voting Board Members
13
Independent Board Members
12
Employees
0
Volunteers
12
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 3 Significant changes in program services

The mercy college of ohio foundation, inc. Merged out of existence effective 10/30/2018.

Form 990, Part XI, Line 9 Other changes in net assets or fund balances

Net asset transfer - -1823871;

Financial Statement Notes

Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote

The company [mercy health and affiliated entities] completed an analysis of its tax positions in accordance with applicable accounting guidance at december 31, 2018 and 2017, and determined that no amounts were required to be recognized in the consolidated financial statements at december 31, 2018 or 2017.

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IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0568844
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0197606
IRS990/PYInvestmentIncomeAmt063631
IRS990/PYOtherExpensesAmt019861
IRS990/PYRevenuesLessExpensesAmt0239992
IRS990/PYSalariesCompEmpBnftPaidAmt0175016
IRS990/PYTotalExpensesAmt0392483
IRS990/PYTotalRevenueAmt0632475
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt00
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0561317
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0DESCRIPTION - OTHER REVENUES, COLUMN A - 16651.0, COLUMN B - 301.0, COLUMN C - 0.0, COLUMN D - 0.0, COLUMN E - 0.0, COLUMN F - 16952.0; DESCRIPTION - GROSS FUNDRAISING REVENUE, COLUMN A - 1000.0, COLUMN B - 1000.0, COLUMN C - 12626.0, COLUMN D - 0.0, COLUMN E - 0.0, COLUMN F - 14626.0;
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part II, Line 10 Other Income
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0568844
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01954431
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01122449
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0350603
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03996327
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt033029
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt013793
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt06725
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt034530
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt088077
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt012626
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt01301
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt017651
IRS990ScheduleA/OtherIncome170Grp/TotalAmt031578
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.8346
IRS990ScheduleA/PublicSupportPY170Pct00.8413
IRS990ScheduleA/PublicSupportTotal170Amt03435145
IRS990ScheduleA/SubstantialContributorsTotAmt0561182
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0568844
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01954431
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01122449
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0350603
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03996327
IRS990ScheduleA/TotalSupportAmt04115982
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0FUNDS IN CUSTODY
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE COMPANY [MERCY HEALTH AND AFFILIATED ENTITIES] COMPLETED AN ANALYSIS OF ITS TAX POSITIONS IN ACCORDANCE WITH APPLICABLE ACCOUNTING GUIDANCE AT DECEMBER 31, 2018 AND 2017, AND DETERMINED THAT NO AMOUNTS WERE REQUIRED TO BE RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS AT DECEMBER 31, 2018 OR 2017.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote
IRS990ScheduleD/TotalLiabilityAmt00
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt065118
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BusinessName/BusinessNameLine1Txt0SUSAN WAJERT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0232658
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt013050
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt012387
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt019335
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT - MERCY COLLEGE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0342548
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0Annual actuarially-determined contributions to defined benefit plans, which are based on prior plan contributions, changes in interest rates, the present value of accrued benefits, and other data and assumptions about the future, may, for some plan participants and for some plan years, result in negative contribution amounts.
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt1The compensation of Mercy College of Ohio Foundation's President is determined by Mercy Health North LLC. Mercy Health North LLC utilizes an independent compensation consultant, a compensation survey, and approval by board or compensation committee when determining this compensation.
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt2The Mercy Health System SERP is a non-qualified deferred compensation plan which provides supplemental retirement benefits to persons selected by the Board of Trustees or its delegate. The plan provides for annual credits of a specified percentage of an eligible participants base salary paid in a plan year and interest credits. Plan participants vest in plan credits after completing a three year class vesting schedule or earlier for death or total disability or reaching age 60 while employed, or due to involuntary separation of employment other than for cause. Payments during employment are made for required tax withholding and reduce the participants account balance. Distribution of the vested account balance in a lump sum occurs after termination of employment. Amounts includible as taxable compensation for listed individuals due to SERP participation in the reporting year were as follows: Susan Wajert $11,852.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule J, Part II, Column (C) Reporting negative deferred compensation
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0true
IRS990ScheduleN/AssetsDistributedInd0true
IRS990ScheduleN/AttorneyGeneralNotifiedInd0true
IRS990ScheduleN/BondsOutstandingInd0false
IRS990ScheduleN/DirectorOfSuccessorInd0false
IRS990ScheduleN/EmployeeOfSuccessorInd0false
IRS990ScheduleN/LiabilitiesPaidInd0true
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0ALL ASSETS AND LIABILITIES OF THE MERCY COLLEGE FOUNDATION
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02018-01-01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN0201072726
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt01823871
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt0501(C)(3)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0GAAP
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/PersonNm0MERCY HEALTH FOUNDATION
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt01701 MERCY HEALTH PLACE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0CINCINNATI
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0OH
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd045237
IRS990ScheduleN/OwnerOfSuccessorInd0false
IRS990ScheduleN/ReceiveCompensationInd0false
IRS990ScheduleN/RequiredToNotifyAGInd0true
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MERCY COLLEGE OF OHIO FOUNDATION, INC. MERGED OUT OF EXISTENCE EFFECTIVE 10/30/2018.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE COMPENSATION OF THE CEO OR TOP MANAGEMENT OFFICIAL IS DETERMINED BY MERCY HEALTH NORTH LLC, A RELATED TAX-EXEMPT ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MERCY HEALTH NORTH LLC IS THE MEMBER OF MERCY COLLEGE OF OHIO FOUNDATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Mercy Health North LLC approves members that are appointed to the Board of Trustees. All members of the board of trustees have full voting rights.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Certain matters require approval of the Mercy Health Corporate Member, Mercy Health Governing body, or Mercy Health CEO. The regulations of the organization describe the level of approval required for various decisions.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The Form 990 is prepared by the Bon Secours Mercy Health Tax Department and reviewed by management of the Merger entity.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6For Board and/or subcommittee meetings - all members must file a Conflict of Interest form. The Committee Chair is notified of any conflicts for any of the committee members or Board of Trustees members. At the beginning of all board meetings or committee meetings, members are reminded that they are to notify the chair of any conflicts of interest and excuse themselves as necessary from the discussion and/or vote. For Key employees - their manager is notified of any conflicts reported on the COI form. If conflicts exist, employees are required to excuse themselves from the issue.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE SYSTEM-WIDE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE POSTED ON THE MERCY HEALTH WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8NET ASSET TRANSFER - -1823871;
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 3 Significant changes in program services
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c POLICIES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 6 Classes of members or stockholders
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 7a Members or stockholders electing members of governing body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 11b Review of form 990 by governing body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Line 12c Conflict of interest policy
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part VI, Line 19 Required documents available to the public
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part XI, Line 9 Other changes in net assets or fund balances
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false

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