Nonprofit · EIN 30-0699825
MERCY PROPERTY HOLDINGS
Tax-exempt (reinstated) · TOLEDO, OH 43604
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $371,481 | $673,020 | -$301,539 | $1,879,108 | $329,472 | $1,549,636 |
| December 31, 2023 | 990 | $698,803 | $654,770 | $44,033 | $1,901,171 | $106,799 | $1,794,372 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $371,481
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Occupancy
- $417,983
- Depreciation
- $49,290
Balance sheet and other
- Total assets, start of year
- $1,901,171
- Total assets, end of year
- $1,879,108
- Total liabilities, end of year
- $329,472
- Net assets, end of year
- $1,549,636
- Land, buildings and equipment
- $1,829,663
- Net assets without donor restrictions
- $1,549,636
- Gross receipts
- $371,481
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2012
- State of legal domicile
- OH
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JEFFREY DEMPSEY | President and Chair Trustee or director, Officer | 0.5 | $0 | $518,692 | $62,251 |
| MATTHEW SAPARA | Treasurer, VP Operations Trustee or director, Officer | 0.5 | $0 | $273,223 | $38,171 |
| Jennifer DIscher | Secretary Trustee or director, Officer | 0.5 | $0 | $238,018 | $15,454 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JEFFREY DEMPSEY | PRESIDENT AND CHAIR Trustee or director, Officer | 0.5 | $0 | $488,860 | $69,043 |
| MATTHEW SAPARA | TREASURER, VP OPERATIONS Trustee or director, Officer | 0.5 | $0 | $261,039 | $30,385 |
| Jennifer DIscher | Secretary Trustee or director, Officer | 0.5 | $0 | $225,565 | $13,757 |
Address and contacts
- Address (IRS master file)
- 2200 JEFFERSON AVENUE, TOLEDO, OH 43604-7103
- Principal officer (990 for 2024)
- JEFFREY DEMPSEY, 2200 JEFFERSON AVENUE, TOLEDO, OH 436047103
- Signed the 990
- JEFFREY DEMPSEY, PRESIDENT
- Phone
- (513) 592-5000
Mission
To hold title to properties on behalf of its parent, Mercy Health North LLC (MHN), to collect the income therefrom, and to turn over the total income, less expenses, to MHN.
Program accomplishments
- TITLE HOLDING COMPANY ACTIVITY.
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 30-0699825
- Tax-exempt status
- 501(c)(2): Title-holding corporation
- Donations deductible
- No
- Exempt since
- 2012
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E19)
- Assets (IRS master file)
- $1,879,108
- Income (IRS master file)
- $371,481
Revocation and reinstatement
- Exemption revoked
- May 15, 2010
- Posted by the IRS
- August 13, 2012
- Reinstated
- Effective February 15, 2012
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $371,481 | $673,020 | $1,879,108 | IRS |
| 990 | December 2023 | $698,803 | $654,770 | $1,901,171 | XML |
| 990 | December 2022 | $959,576 | $649,963 | $2,221,580 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 30-0699825).
Questions about MERCY PROPERTY HOLDINGS
- What is the EIN of MERCY PROPERTY HOLDINGS?
- The employer identification number (EIN) of MERCY PROPERTY HOLDINGS is 30-0699825.
- Is MERCY PROPERTY HOLDINGS tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2010 and reinstated it effective February 15, 2012.
- Are donations to MERCY PROPERTY HOLDINGS tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does MERCY PROPERTY HOLDINGS 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 PROPERTY HOLDINGS due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MERCY PROPERTY HOLDINGS last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of MERCY PROPERTY HOLDINGS?
- The 990 for the year ended December 31, 2024 names JEFFREY DEMPSEY.
- Who are the officers and directors of MERCY PROPERTY HOLDINGS?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does MERCY PROPERTY HOLDINGS have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $371,481, expenses of $673,020 and total assets of $1,879,108 at year end.
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