Friday, April 12, 2013

Mercy CEO's Compensation over 2/3 Million $ a Year!

According to The Lund Report, Mercy Medical Center CEO, Kelly Morgan was paid $696,946* in compensation for 2011 broken down as follows:

Base pay: $424,199;

Bonuses: $179,533;

Deferred Compensation: $58,064;

Nontaxable Benefits: $14,218; &

Other Compensation: $20,932.



During the same year, the percentage of charity given by this non-profit Catholic ministry was down by 23.7 percent, even though "profits" were up by  62.3%. 

There seems to be something wrong with this, given Mercy Medical Centers' whole point of being is to provide charity. 

*Although Morgan is Mercy Medical Center's CEO, his salary is not officially reported on their books because he is paid by Mercy's parent organization Catholic Health Initiatives


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