2026-04-13T19:10:07+00:00 2025-06-30 331498605 Plante & Moran PLLC 10 SOUTH RIVERSIDE PLAZA 9TH FLOOR CHICAGO IL 60606 990 2024-07-01 263143317 MERCY CIRCLE MERC 7732533600 3659 WEST 99TH STREET CHICAGO IL 60655 FRANCES LACHOWICZ EXECUTIVE DIRECTOR 7732533600 2026-04-14 true true DAVID LOWENTHAL CPA P00378651 3122071040 2026-04-14 2024 2025-03-06 01:10:19Z FRANCES LACHOWICZ 3659 WEST 99TH STREET CHICAGO IL 60655 11121570 false X WWW.MERCYCIRCLE.ORG X 2008 IL MERCY CIRCLE IS A FAITH BASED, CONTINUING CARE RETIREMENT COMMUNITY THAT PROVIDES AN ENRICHED LIFESTYLE AND A VARIETY OF SUPPORTIVE SERVICES AND PROGRAMS FOR PEOPLE AGE 62 AND OLDER WITH INDEPENDENT, ASSISTED, AND SKILLED NURSING LEVELS OF CARE. 11 11 189 12 0 341617 216911 10398371 10904659 0 0 26904 0 10766892 11121570 0 0 0 5436369 5800306 0 0 6549503 6360159 11985872 12160465 -1218980 -1038895 32266873 32175737 21837703 22468017 10429170 9707720 THE MISSION OF MERCY CIRCLE IS TO PROVIDE OPPORTUNITIES FOR SENIORS TO BUILD A FAITH-BASED COMMUNITY ENABLING THEM TO LIVE GROWING IN WISDOM, AGE AND GRACE ALL THE DAYS OF THEIR LIFE. false false 10049165 10904659 HOUSING AND HEALTH CARE SERVICES FOR PEOPLE AGE 62 OR OLDER. WE PROVIDE CARE TO OUR RESIDENTS, REGARDLESS OF THEIR ABILITY TO PAY FOR SERVICES. 34% OF OUR RESIDENTS ARE ELIGIBLE FOR MEDICAID. 10049165 true true false false false false false false false false true false false false true false false false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false false true 69 0 true 189 false false false false false false false false false false false false X 11 11 false false false false false false true true true false false false true true true true true true true true false false IL X FRANCES LACHOWICZ 7732533600 3659 WEST 99TH STREET CHICAGO IL 60655 ANN FLANAGAN RSM BOARD MEMBER 1.0 0.0 X 0 0 0 CAROLYN SHEEHAN SHEEHAN BOARD MEMBER 1.0 0.0 X 0 0 0 DARLENE O'CALLAGHAN VICE CHAIR 2.0 0.0 X 0 0 0 JOHN BARRETT BOARD MEMBER 1.0 0.0 X 0 0 0 JOHN EBER BOARD MEMBER 1.0 0.0 X 0 0 0 KEVIN CONNELLY TREASURER 2.0 0.0 X 0 0 0 MARGARET JOHNSON RSM BOARD MEMBER 1.0 0.0 X 0 0 0 MARGARET MARY HINZ RSM SECRETARY 2.0 0.0 X 0 0 0 MARION CYPSER RSM BOARD MEMBER 1.0 0.0 X 0 0 0 MARY ELLEN CARON BOARD MEMBER 1.0 0.0 X 0 0 0 MICHAEL DAVIS BOARD CHAIR 5.0 0.0 X 0 0 0 FRANCES LACHOWICZ EXECUTIVE DIRECTOR 10.0 0.0 X 189000 0 13537 ANITA AJAYI DIRECTOR OF NURSING 40.0 0.0 X 126497 0 22046 JOHN RUZICH DIRECTOR OF PLANT OPERATIONS 40.0 0.0 X 103793 0 31626 RODELYN GUTANG CLINICAL MANAGER 40.0 0.0 X 103500 0 23278 Thomas Ramsden DIRECTOR OF DEVELOPMENT 40.0 0.0 X 115000 0 2540 637790 0 93027 5 false true false 0 216911 216911 SKILLED NURSING REVENUE 623990 4543372 4543372 ASSISTED LIVING REVENUE 623990 3927125 3927125 INDEPENDENT LIVING REVENUE 623990 2434162 2434162 0 0 0 0 10904659 0 0 0 0 0 0 0 0 0 11121570 10904659 0 0 4375585 3290855 1084730 12222 12222 1348000 1011000 337000 64499 48374 16125 553204 553204 63019 63019 45000 45000 0 0 0 0 359689 359689 779 779 5914 5914 943246 943246 1016067 1016067 105437 105437 CONTRACT LABOR 2961451 2961451 Other 152764 152764 SPONSORSHIP FEES 120000 120000 BAD DEBTS 33589 33589 0 0 0 0 12160465 10049165 2111300 0 254253 378810 1056437 1507143 529032 577782 0 0 0 0 39060 38833 129786 131660 40588799 12584352 28679242 28004447 0 0 1579063 1537062 32266873 32175737 5351696 4905678 0 0 16486007 17562339 21837703 22468017 X -7318785 -7457413 17747955 17165133 10429170 9707720 32266873 32175737 X -1038895 317445 X true X false X true false X 478243 341617 216911 1036771 0 0 0 0 478243 341617 216911 1036771 442626 594145 0 0 0 0 0 0 0 0 1036771 32253642 0.57307 0.4594 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 38849377 11333725 27515652 318570 5101 313469 1256353 1099905 156448 164499 145621 18878 28004447 Federal Income Taxes DUE TO SISTERS OF MERCY OF THE AMERICAS 17562339 17562339 false false false false false false false false false FRANCES LACHOWICZ EXECUTIVE DIRECTOR 189000 0 0 0 0 0 5580 0 7957 0 202537 0 0 0 Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders THE FOLLOWING RESERVED POWERS ARE HELD BY OUR SPONSORS/CORPORATE MEMBERS. (A) TO APPROVE ANY NEW OR REVISION OF PHILOSOPHY, PURPOSE, MISSION, VISION, VALUES STATEMENT OR STRATEGIC PLAN; (B) TO APPROVE AMENDMENTS TO THE ARTICLES OF INCORPORATION AND BYLAWS OF MERCY CIRCLE; PROVIDED THAT THE CORPORATE MEMBERS MAY INITIATE AND IMPLEMENT THE AMENDMENT OF THE BYLAWS OF MERCY CIRCLE, WITH OR WITHOUT THE RECOMMENDATION OF OR ANY ACTION BY THE BOARD OF DIRECTORS, IF THE CORPORATE MEMBERS SO ELECT IN THEIR SOLE DISCRETION; (C) TO REVIEW AND CONSIDER ONGOING ASSESSMENT AND ACCOUNTABILITY REPORTING (AN "ACCOUNTABILITY REPORT") TO ENSURE MERCY CIRCLE'S FIDELITY TO THE MISSION, THE CHARISM, CORE VALUES AND TRADITION OF THE SISTERS OF MERCY OF THE AMERICAS. MERCY CIRCLE SHALL COMPLETE THE ACCOUNTABILITY REPORT, AS REQUIRED AND MODIFIED FROM TIME TO TIME BY THE CORPORATE MEMBERS, AND SUBMIT THE ACCOUNTABILITY REPORT TO CORPORATE MEMBERS OR THEIR DESIGNATE IN ACCORDANCE WITH THE REQUIREMENTS OF SUCH ACCOUNTABILITY REPORT. THE CIRCLE BY THE CORPORATE MEMBERS OR THEIR DESIGNATE, INCLUDING, BUT NOT LIMITED TO, MISSION EFFECTIVENESS, FIDELITY TO MISSION AND FINANCIAL REPORTING; (D) TO APPROVE THE APPOINTMENT AND REMOVAL OF ANY DIRECTOR OR ALL DIRECTORS OF MERCY CIRCLE WITH OR WITHOUT CAUSE; PROVIDED THAT, THE CORPORATE MEMBERS MAY INITIATE AND IMPLEMENT THE REMOVAL OF ANY DIRECTOR OR ALL OF THE DIRECTORS OF MERCY CIRCLE, WITH OR WITHOUT CAUSE AND WITH OR WITHOUT THE RECOMMENDATION OF OR ANY ACTION BY THE BOARD OF DIRECTORS, IN ACCORDANCE WITH THE NOTICE AND VOTING REQUIREMENTS SET FORTH IN THE ACT; (E) TO APPROVE THE APPOINTMENT OF THE EXECUTIVE DIRECTOR, AND THE CANDIDATE(S) FOR SUBSEQUENT EXECUTIVE DIRECTORS; (F) TO APPROVE THE REMOVAL OF THE EXECUTIVE DIRECTOR, WITH OR WITHOUT CAUSE; (G) TO APPROVE THE DESIGNATION OF THE FISCAL YEAR OF MERCY CIRCLE; (H) TO APPROVE ANY AND ALL BUDGETED AND UNBUDGETED CAPITAL EXPENDITURES OF GREATER THAN OR EQUAL TO ONE MILLION DOLLARS UPON THE RECOMMENDATION OF THE BOARD OF DIRECTORS; (I) TO APPROVE ANY ACQUISITION, EXPANSION, RENOVATION OR IMPROVEMENT OF A PHYSICAL ASSET OF MERCY CIRCLE OF GREATER THAN OR EQUAL TO ONE MILLION DOLLARS; (J) TO APPROVE ANY SALE, TRANSFER, GIFT, LEASE OR ENCUMBRANCE OF REAL PROPERTY OF MERCY CIRCLE INVOLVING AN AMOUNT GREATER THAN OR EQUAL TO $500,000; (K) TO APPROVE ANY LONG TERM LOANS WITH A DURATION OF THREE (3) OR MORE YEARS FROM THE DATE THE DEBT IS INCURRED AND/OR THAT INVOLVE AN AMOUNT GREATER THAN OR EQUAL TO $500,000; (L) TO APPROVE ANY SALE, MERGER, CONSOLIDATION, DISSOLUTION, NAME CHANGE AND ANY ACQUISITIONS, FORMATIONS OR DISSOLUTIONS OF SUBSIDIARY CORPORATIONS OR AFFILIATES; (M) TO APPROVE ANY PERPETUAL GIFT OR GIFTS THAT OBLIGATE THE ORGANIZATION FOR 10 YEARS OR MORE; AND (N) TO APPROVE THE DISTRIBUTION OF ASSETS UPON ANY LIQUIDATION AND DISSOLUTION. Form 990, Part VI, Line 11b Review of form 990 by governing body THE 990 IS DISTRIBUTED TO THE BOARD AND APPROVED BEFORE FILING. Form 990, Part VI, Line 12c Conflict of interest policy EVERY DIRECTOR AND OFFICER SHALL BE REQUIRED, AS A CONDITION OF THE OFFICE, TO FULLY DISCLOSE AT LEAST ANNUALLY ALL PERSONAL AND PROFESSIONAL INTERESTS THAT DO OR MIGHT RESULT IN A CONFLICT OF INTEREST IN A MANNER AND FORM TO BE PRESCRIBED BY THE BOARD OF DIRECTORS. Form 990, Part VI, Line 15a Process to establish compensation of top management official HR CONDUCTS A REVIEW OF COMPETITVE RATE SURVEYS, NATIONALLY AND STATEWIDE. CONSULTATION WITH CORPORATE OFFICE REGARDING RATES FOR SIMILAR POSITIONS ALSO OCCURS. Form 990, Part VI, Line 15b Process to establish compensation of other employees HR CONDUCTS A REVIEW OF COMPETITVE RATE SURVEYS, NATIONALLY AND STATEWIDE. CONSULTATION WITH CORPORATE OFFICE REGARDING RATES FOR SIMILAR POSITIONS ALSO OCCURS. Form 990, Part VI, Line 19 Required documents available to the public GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT MADE PUBLIC, HOWEVER, THE FINANCIAL STATEMENTS ARE MADE PUBLIC VIA THE 990. Form 990, Part XI, Line 9 Other changes in net assets or fund balances RESTRICTED CONTRIBUTIONS - 317445; Total - 317445;