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Filing year 2023

MOTHER OF MERCY

Albany, Minnesota·EIN 41-6051127·3
Total revenue
$12M
Total assets
$12.5M
Total expenses
$12.1M
Reported officers
13
Mission

IT IS OUR MISSION AS PROFESSIONALS TO PROVIDE THE BEST QUALITY OF LIFE FOR THOSE ENTRUSTED TO US. WE ARE A COMMUNITY OF CONCERNED PROFESSIONALS WORKING TOGETHER TO PROVIDE THE BEST QUALITY OF LIFE FOR THOSE ENTRUSTED TO US. WE ACCOMPLISH THIS MISSION BY MAINTAINING HIGH STANDARDS OF CARE FOR ALL, IN A HOME-LIKE ATMOSPHERE, WHICH ADDRESSES THEIR PHYSICAL, EMOTIONAL, AND SPIRITUAL NEEDS. WE ENCOURAGE RESIDENTS AND FAMILIES TO PARTICIPATE IN MAKING DECISIONS ABOUT THEIR DAILY ROUTINES AND ASK FOR RESIDENT AND FAMILY INVOLVEMENT IN SOCIAL ACTIVITIES.

Executive compensation

Form 990 · Schedule J · 3 reported individuals · Filing year 2023

LPN Charge Nurse
highest compensated employee
$128k
$141k
Director of Staff Development
$116k
$128k
Administrator/ceo (beg 12/2023)
officer (unspecified)
$13k
$14k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 10 unpaid individuals.

Up 27%
from 2021

From $101k in 2021 to $128k in 2023.

$101k
2021
$128k
2023
In today's dollarsEst.
Up 13% in real terms$125k to $141k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

MOTHER OF MERCY reported revenue and expenses across 3 filing years.

RevenueExpenses
$9.5M
$10.7M
2021
$16.1M
$11.7M
2022
$12M
$12.1M
2023
Total revenue and total expenses from IRS Form 990 filings.
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