nonprofit logo

Mercy Hospital Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237040506 ✦ Iowa city, IA ✦ Designated as a 501(c)(3)

Overview

What is Mercy Hospital Foundation?

Mercy Hospital Foundation, situated in Iowa City, Iowa, serves as a crucial supporter of Mercy Hospital Iowa City. Primarily, its role involves generating private funds and managing them in accordance with donors' intentions. In fiscal year 2022, the foundation provided $1,350,000 to the hospital, contributing significantly to various projects such as the Electronic Health Record System, medical equipment, patient comfort items, and scholarships. The funding was primarily directed towards Mercy Iowa City's new Electronic Health Record rollout, with a substantial contribution of $1,068,000. Beyond this, the foundation supported the upgrade of the Cardiopulmonary Rehab System and Pharmacy Pill Packager System. It also funded the hospital website upgrade, enabling patients to search for services on a mobile-friendly platform. The scholarship program offered financial aid to a high school graduate planning to pursue a health career and 11 employees pursuing advanced nursing education, with scholarships totaling $1,000 and $17,000 respectively. Moreover, the foundation provides educational materials for the Diabetes Education program and supports women who cannot afford diagnostic testing for breast cancer, utilizing donated funds for mammograms, ultrasounds, and related procedures. The medical and other equipment supported by the foundation cater to a diverse hospital population.


Official website here: www.mercyiowacity.org

Is Mercy Hospital Foundation legitimate?

Mercy Hospital Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mercy Hospital Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $205,008
Professional Fundraising Fees: $0
Other Salaries and Wages: $64,310

For more financial information, click here


Official website here: www.mercyiowacity.org

What is the mission statement of Mercy Hospital Foundation?

The Mercy Hospital Foundation's mission is to raise private funds for Mercy Hospital, managing and investing these resources according to donors' intentions. The primary objective is to support Mercy Hospital in various ways, including improving patient care, enhancing the hospital's healing environment, and aiding specific departments such as Lab, Pharmacy, Cardiac Rehab, Cancer Care Services, and Nursing Units. The foundation has provided funding for projects like the new Electronic Health Record System, cardiac rehab equipment, patient comfort items, and scholarships for health career students and nursing professionals. Moreover, the foundation supports programs like Diabetes Education and assists women in need with diagnostic testing for breast cancer.


Official website here: www.mercyiowacity.org

Who is the CEO of Mercy Hospital Foundation?

Tom Clancy is the Treasurer of Mercy Hospital Foundation. The CEO's salary of Mercy Hospital Foundation is $0 and their total compensation is $0.


Official website here: www.mercyiowacity.org

What is the revenue of Mercy Hospital Foundation?

Mercy Hospital Foundation's revenue in 2022 was $1,099,741.


Official website here: www.mercyiowacity.org

Who are the executives of Mercy Hospital Foundation and what are their salaries?

Here are 16 key members and their salaries (Mercy Hospital Foundation's CEO's salary is $0 and their total compensation is $0):

    Dawna Miller (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $346,293
  • Other: $45,192

    • Stephen Scheckel (Director)
  • Compensation: $0
  • Related: $316,695
  • Other: $17,948

    • Lisa Steigleder (President) [Trustee/Director]
  • Compensation: $0
  • Related: $158,313
  • Other: $27,781

    • Kimberley Rossiter (Assistant Treasurer)
  • Compensation: $0
  • Related: $141,766
  • Other: $24,885

    • Lynn Skopec (Secretary/Chair-Elect) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Trachta (Ceo & Administrator (Beg 10/21)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott Fisher (Chair-Elect/Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Todd Jacobson (Chair/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ann Perino (Board Member (Beg 2/21)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karla Kamal (Board Member (End 10/21)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patricia Heiden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sarah Leonard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sean Williams (Ceo & Administrator (End 09/21)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Anderson (Secretary (Beg 1/21)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kim Casko (Board Member (Beg 10/21)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Denice Connell (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.mercyiowacity.org

    Where can I find the form 990 for Mercy Hospital Foundation?

    The Mercy Hospital Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.mercyiowacity.org

    Learn more at the official website: www.mercyiowacity.org

    Mission Statement of Mercy Hospital Foundation

    The Mercy Hospital Foundation, a nonprofit organization, is dedicated to securing private support for Mercy Hospital Iowa City. Its primary mission involves managing, investing, and disbursing funds in accordance with donors' intentions to aid Mercy Hospital. The foundation plays a vital role in providing financial assistance to various departments within the hospital, such as patient care, equipment upgrades, and scholarship programs.

    In fiscal year 2022, the Mercy Hospital Foundation allocated a significant portion of its funds to Mercy Hospital Iowa City's new Electronic Health Record system, contributing $1,068,000 to this crucial project. Besides this, the foundation supported the upgrade of the Cardiopulmonary Rehab System, Tele Rehab VersaCare Telemetry Monitoring System, and an upgraded Pharmacy Pill Packager System. The foundation also contributed to the hospital website upgrade, enabling patients to search for services on a mobile-friendly platform.

    Furthermore, the Mercy Hospital Foundation supports Mercy's scholarship program by offering financial aid to students pursuing health careers and hospital employees seeking advanced nursing education. Additionally, the foundation provides all educational materials used in the Diabetes Education program, catering to around 450 patients. To address the needs of women who cannot afford diagnostic testing for breast cancer, the foundation uses donated funds for mammograms, ultrasounds, and other related procedures. In summary, the Mercy Hospital Foundation serves as a vital source of private support for Mercy Hospital Iowa City, investing in various hospital departments and initiatives to improve patient care and enhance the overall hospital environment.

    Impact

    This information is meant to be a general summary of Mercy Hospital Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Mercy Hospital Foundation's impact is significant in enhancing patient care and improving the healing environment at Mercy Hospital Iowa City. In fiscal year 2022, the Foundation provided $1,350,000 in crucial funding to support various initiatives at the hospital. This funding helped with the implementation of a new Electronic Health Record System, acquisition of medical equipment, enhancement of patient comfort items, provision of scholarships for health career education, and support for specific hospital departments such as Lab, Pharmacy, Cardiac Rehab, Cancer Care Services, Nursing Units, Surgery, and more.

    Additionally, the Foundation's support extended to upgrading essential systems like the Cardiopulmonary Rehab System and Pharmacy Pill Packager System, as well as enhancing the hospital website for improved patient access to services. The Foundation's commitment to education was evident through scholarships provided to students pursuing health careers and nursing education. Furthermore, initiatives like the Diabetes Education program and assistance programs for women in need of diagnostic testing for breast cancer highlight the Foundation's dedication to serving the local community.

    Overall, the Foundation's efforts have had a tangible impact on the quality of healthcare services provided at Mercy Hospital Iowa City, benefiting both patients and staff members alike.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $825,418
  • Program Service Revenue: $0
  • Gross Receipts: $3,219,897

    • Assets and Liabilities:
  • Total Assets: $16,632,605
  • Total Liabilities: $94,401
  • Net Assets: $16,538,204
  • Organization Details

    Founding Year

    1969

    Principal Officer

    Tom Clancy

    Main Address

    500 East Market Street, Iowa City, IA, 52245

    NTEE Category

    Code: E22I - Health

    If you are a representative of Mercy Hospital Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.