Catherine Mcauley Mercy Foundation Inc logo

Catherine Mcauley Mercy Foundation Inc

ASHEVILLE, NC EIN: 23-7075024 Website

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.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$26.5M

+13.6% YoY

Revenue

$335K

-46.6% YoY

Net Investment Income

$290K

-51.3% YoY

Expenses

$1.0M

+117.4% YoY

About Catherine Mcauley Mercy Foundation Inc

Based on IRS filings

Catherine Mcauley Mercy Foundation Inc is a nonprofit organization, based in ASHEVILLE, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $26.5M in total assets. Net investment income was $290K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

Cities

Asheville

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$3M$4M$6M20202021202220232024
Metric202420232022
Total Assets$26,498,965$23,322,782$21,299,317
Revenue$334,604$626,508$750,880
Expenses$1,038,161$477,566$625,474
Qualifying Distributions
Net Investment Income$289,914$595,191$719,097
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$108K$217K$325K$434K1 grants20201 grants20213 grants20221 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

6 grants across all recorded years

4<$50K1$50–100K$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Elizabeth McCarty MDMedical Director1
Rachel SossomanPresident and CEO1
Grace Barnwell NPProvider1
Dean MuscarellaProvider
Kimberly KanuppProvider
Kathryn McGowenProvider
John PearsonCFO
William BrownProvider
Barbara ChambersHuman Resource Director
Stefanie ShubaChair1
Charles ThompsonVice Chair1
Melissa Bell HillSecretary/Treasurer & Finance Committee Chair1
Robert A PhillipsDirector
J Robert Scully DDSDirector
Sister Larretta Rivera-Williams RSMDirector
Bridget A Eckerd PEDirector
Sister Peggy Verstege RSMDirector
Karis RobertsDirector
Paige BlankenshipVice President of Finance1

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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