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Nonprofit · EIN 23-7075024

CATHERINE MCAULEY MERCY FOUNDATION INC

Tax-exempt · ASHEVILLE, NC 28806

Financials

$627K$478K2022$335K$1M2023$1.5M$1.1M2024
Revenue Expenses · by fiscal year end
Financials of CATHERINE MCAULEY MERCY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$1,474,821$1,104,851$369,970$27,784,635$261,419$27,523,216
September 30, 2024990$334,604$1,038,161-$703,557$26,498,965$385,598$26,113,367
September 30, 2023990$626,508$477,566$148,942$23,322,782$364,570$22,958,212
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$69,550
Program service revenue
$0
Investment income
$1,405,271
Net gain from sales of assets
$548,739
Other revenue
$0

Expenses

Grants and similar amounts paid
$757,400
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$145
Occupancy
$52,953
Depreciation
$113,640
Program services (functional)
$757,400
Management and general (functional)
$334,476
Fundraising (functional)
$12,975

Balance sheet and other

Total assets, start of year
$26,498,965
Total assets, end of year
$27,784,635
Total liabilities, end of year
$261,419
Net assets, end of year
$27,523,216
Land, buildings and equipment
$2,978,901
Publicly traded securities
$24,289,166
Net assets without donor restrictions
$27,516,037
Net assets with donor restrictions
$7,179
Gross receipts
$2,910,455
Employees
0
Volunteers
8
Year formed
1998
State of legal domicile
NC

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 September 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgs
Elizabeth McCarty MDMedical Director
Key employee
1$0$249,042
Rachel SossomanPresident and CEO
Officer, Key employee
4$0$190,484
Grace Barnwell NPProvider
Key employee
0$0$159,065
JOHN OCONNELLPROVIDER
Highest-paid employee
0$0$147,511
JON MEDINDIRECTOR OF GROWTH AND MARKETING
Highest-paid employee
4$0$145,156
Kimberly KanuppProvider
Highest-paid employee
0$0$135,293
CHRISTINA WHARTONPROVIDER
Highest-paid employee
0$0$124,130
Paige BlankenshipVice President of Finance
Key employee
4$0$123,089
Barbara ChambersHuman Resource Director
Former
0$0$72,189
Stefanie ShubaChair
Trustee or director
0$0$0
Charles ThompsonVice Chair
Trustee or director
0$0$0
Melissa Bell HillSecretary/Treasurer & Finance Committee Chair
Trustee or director
0$0$0
Robert A PhillipsDirector
Trustee or director
0$0$0
J Robert Scully DDSDirector
Trustee or director
0$0$0
Sister Larretta Rivera-Williams RSMDirector
Trustee or director
0$0$0
3 more people on this return
NameTitleHours / weekCompensation
Bridget A Eckerd PEDirector
Trustee or director
0$0
Sister Peggy Verstege RSMDirector
Trustee or director
0$0
Karis RobertsDirector
Trustee or director
0$0
990 for the year ended September 30, 2024: 19 people
NameTitleHours / weekCompensationFrom related orgs
Elizabeth McCarty MDMedical Director
Key employee
1$0$231,178
Rachel SossomanPresident and CEO
Officer, Key employee
1$0$164,640
Grace Barnwell NPProvider
Highest-paid employee
1$0$131,683
Dean MuscarellaProvider
Highest-paid employee
0$0$126,590
Kimberly KanuppProvider
Highest-paid employee
0$0$125,509
Kathryn McGowenProvider
Highest-paid employee
0$0$123,963
John PearsonCFO
Former
0$0$119,007
William BrownProvider
Highest-paid employee
0$0$118,640
Barbara ChambersHuman Resource Director
Former
0$0$108,082
Stefanie ShubaChair
Trustee or director, Officer
1$0$0
Charles ThompsonVice Chair
Trustee or director, Officer
1$0$0
Melissa Bell HillSecretary/Treasurer & Finance Committee Chair
Trustee or director, Officer
1$0$0
Robert A PhillipsDirector
Trustee or director, Officer
0$0$0
J Robert Scully DDSDirector
Trustee or director
0$0$0
Sister Larretta Rivera-Williams RSMDirector
Trustee or director
0$0$0
Bridget A Eckerd PEDirector
Trustee or director
0$0$0
Sister Peggy Verstege RSMDirector
Trustee or director
0$0$0
Karis RobertsDirector
Trustee or director
0$0$0
Paige BlankenshipVice President of Finance
Key employee
1$0$0
990 for the year ended September 30, 2023: 16 people
NameTitleHours / weekCompensationFrom related orgs
Elizabeth McCarty MDMedical Director
Key employee
1$0$221,345
Rachel SossomanPresident and CEO
Officer, Key employee
1$0$164,435
Leah A SingletonCFO
Key employee, Former
1$0$128,744
Grace Barnwell NPProvider
Highest-paid employee
1$0$122,555
Aaron StylesOperations Director
Highest-paid employee
0$0$112,870
Kathryn McGowenProvider
Highest-paid employee
0$0$110,256
Dean MuscarellaProvider
Highest-paid employee
0$0$102,492
Barbara ChambersHuman Resource Director
Highest-paid employee
1$0$101,738
Robert A PhillipsChairman
Trustee or director, Officer
1$0$0
John N FlemingVice Chairman
Trustee or director, Officer
1$0$0
Melissa Bell HillSecretary/Treasurer & Finance Committee Chair
Trustee or director, Officer
1$0$0
J Robert Scully DDSDirector/QI Improvement Committee Chair
Trustee or director
1$0$0
Sister Larretta Rivera-Williams RSMDirector
Trustee or director
1$0$0
Bridget A Eckerd PEDirector
Trustee or director
1$0$0
Charles ThompsonDirector
Trustee or director
1$0$0
Sister Peggy Verstege RSMDirector
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
1201 PATTON AVE, ASHEVILLE, NC 28806-2707
In care of
% CMG 12
Principal officer (990 for 2024)
RACHEL SOSSOMAN, 1201 PATTON AVE, ASHEVILLE, NC 28806
Signed the 990
Paige Blankenship, Vice President of Finance
Phone
(828) 281-0378

Mission

Catherine McAuley Mercy Foundation INC (CMMF) provides financial resources and support to Sisters of Mercy Urgent Care INC (SOMUC) and other organizations identified and associated with SOMUC. CMMF, which is the fundraising arm of SOMUC, assists with opening new clinics, purchasing medical equipment and supplies, subsidizing programs such as medical charity care as well as other initiatives of SOMUC.

990 for the year ended September 30, 2025

Program accomplishments

  • During Fiscal Year 2025, Catherine McAuley Mercy Foundation (CMMF) provided $757,400 in funding to Sisters of Mercy Urgent Care (SOMUC) to assist with capital, including updating clinics. Included in that support to SOMUC is the compassionate care program which provides a subsidy to under-served and/or under-insured patients at our Urgent Care Centers. Sisters of Mercy Urgent Care (SOMUC), exists to provide affordable quality care to all regardless of someone's ability to pay.
    Expenses $757,400 · revenue $69,550

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 September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026990 on file
2023September 30, 2024February 18, 2025990 on file

IRS record

EIN
23-7075024
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
1970
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$27,784,635
Income (IRS master file)
$2,910,455

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$1,474,821$1,104,851$27,784,635XML
990September 2024$334,604$1,038,161$26,498,965XML
990September 2023$626,508$477,566$23,322,782XML
990September 2022$750,880$625,474$21,299,317IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS
990September 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 23-7075024).

Questions about CATHERINE MCAULEY MERCY FOUNDATION INC

What is the EIN of CATHERINE MCAULEY MERCY FOUNDATION INC?
The employer identification number (EIN) of CATHERINE MCAULEY MERCY FOUNDATION INC is 23-7075024.
Is CATHERINE MCAULEY MERCY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1970.
Are donations to CATHERINE MCAULEY MERCY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does CATHERINE MCAULEY 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 CATHERINE MCAULEY MERCY FOUNDATION INC due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CATHERINE MCAULEY MERCY FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of CATHERINE MCAULEY MERCY FOUNDATION INC?
The 990 for the year ended September 30, 2025 names RACHEL SOSSOMAN.
Who are the officers and directors of CATHERINE MCAULEY MERCY FOUNDATION INC?
The 990 for the year ended September 30, 2025 lists 18 people; 0 received compensation from the organization.
How much revenue does CATHERINE MCAULEY MERCY FOUNDATION INC have?
On its 990 for the year ended September 30, 2025 it reported revenue of $1,474,821, expenses of $1,104,851 and total assets of $27,784,635 at year end.

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