nonprofit logo

Mercy Medical Center

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

EIN: 420698295 ✦ Cedar rapids, IA ✦ Designated as a 501(c)(3)

Overview

What is Mercy Medical Center?

Mercy Medical Center, located in Cedar Rapids, Iowa, is a renowned healthcare institution that prioritizes serving patients regardless of their background or ability to pay. With a team of 2,962 employees, the hospital provides comprehensive medical care, including round-the-clock trauma center services. They extend charity care to those who meet their established policies, offering free or reduced-priced services. The hospital also contributes substantially to the community through educational seminars, meeting facilities, and volunteer hours, totaling approximately 76,185 hours annually. The mission of Mercy Medical Center is to care for the sick and enhance the health of the communities they serve, guided by the spirit of the Sisters of Mercy.


Official website here: www.mercycare.org

Is Mercy Medical Center legitimate?

Mercy Medical Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mercy Medical Center 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: $3,142,880
Professional Fundraising Fees: $0
Other Salaries and Wages: $168,981,425

For more financial information, click here


Official website here: www.mercycare.org

What is the mission statement of Mercy Medical Center?

Mercy Medical Center is dedicated to caring for the sick and enhancing the health of the communities it serves. Guided by the spirit of the Sisters of Mercy, the hospital offers medical healthcare services to all patients, regardless of race, creed, sex, national origin, handicap, age, or ability to pay. The hospital goes beyond just providing healthcare, offering charitable services through reduced-price programs and community education seminars on various medical conditions. These seminars cover topics such as joint replacement surgery, mental health disorders, and numerous other medical and psychosocial issues. The hospital's meeting facilities are frequently used without charge by various community organizations, including health-related groups and support organizations. Mercy Medical Center contributes approximately 76,185 hours towards the common purpose of serving the community, which amounts to around $1,106,244 in value given back to the community through lower costs.


Official website here: www.mercycare.org

Who is the CEO of Mercy Medical Center?

Nathan Van Genderen is the President & Chief Executive Officer of Mercy Medical Center. The CEO's salary of Mercy Medical Center is $1,289,481 and their total compensation is $1,368,154.


Official website here: www.mercycare.org

What is the revenue of Mercy Medical Center?

Mercy Medical Center's revenue in 2022 was $418,379,415.


Official website here: www.mercycare.org

Who are the executives of Mercy Medical Center and what are their salaries?

The average compensation at Mercy Medical Center during 2022 was $58,111. There are 2,962 employees and 509 volunteers at Mercy Medical Center.

Here are 36 key members and their salaries (Mercy Medical Center's CEO's salary is $1,289,481 and their total compensation is $1,368,154):

    Chong C Lee Md (Physician)
  • Compensation: $1,503,514
  • Related: $0
  • Other: $37,568

    • Shane A Gailushas Md (Physician)
  • Compensation: $1,417,952
  • Related: $0
  • Other: $36,568

    • Timothy L Charles (President & Chief Executive Officer) [Trustee/Director]
  • Compensation: $1,289,481
  • Related: $0
  • Other: $78,673

    • Ryan D Hollenbeck Md (Physician)
  • Compensation: $1,138,213
  • Related: $0
  • Other: $39,427

    • Bhavya Akhauri Md (Physician)
  • Compensation: $1,126,703
  • Related: $0
  • Other: $27,193

    • Shiny Matthewkutty Md (Physician)
  • Compensation: $1,033,499
  • Related: $0
  • Other: $22,872

    • Timothy Quinn Md (Chief Of Clinical Operations)
  • Compensation: $831,381
  • Related: $0
  • Other: $73,273

    • Nathan Van Genderen (Executive Vice President/Chief Financial Officer)
  • Compensation: $640,562
  • Related: $0
  • Other: $64,928

    • Mary Brobst (Chief Nursing Officer)
  • Compensation: $448,816
  • Related: $0
  • Other: $50,013

    • Jeffrey Cash (Chief Information Officer)
  • Compensation: $438,259
  • Related: $0
  • Other: $52,257

    • Nancy Hill-Davis (Chief Talent Officer)
  • Compensation: $436,574
  • Related: $0
  • Other: $34,477

    • John-Paul Besong (Member Board Of Trustees)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lydia Brown (Member Board Of Trustees)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michele Busse (Member Board Of Trustees)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bob Cataldo (Member Board Of Trustees)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Dewolf (Member Board Of Trustees)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barrie Ernst (Member Board Of Trustees)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tony Golobic (Member Board Of Trustees)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sister Luann Hannasch (Member Board Of Trustees)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nancy Kasparek (Member Board Of Trustees)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sister Sharon Kerrigan (Member Board Of Trustees)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barb Knapp (Member Board Of Trustees)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sister Terry Maltby (Member Board Of Trustees)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cheryle Mitvalsky (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Darrel Morf (Vice Chairman/Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rue Patel (Member Board Of Trustees)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Fred Pilcher Md (Member Board Of Trustees)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Quass (Member Board Of Trustees)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Rife (Member Board Of Trustees)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charles Rohde (Member Board Of Trustees)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Al Ruffalo (Member Board Of Trustees)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kyle Skogman (Member Board Of Trustees)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Smith (Member Board Of Trustees)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matt Smith (Member Board Of Trustees)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sister Maurita Soukup (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sister Margaret Weigel (Former Member Board Of Trustees)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.mercycare.org

    Where can I find the form 990 for Mercy Medical Center?

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


    Official website here: www.mercycare.org

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

    Mission Statement of Mercy Medical Center

    Mercy Medical Center, a renowned healthcare institution, is dedicated to caring for the sick and enhancing the health of the communities it serves. Guided by the spirit of the Sisters of Mercy, this mission drives the hospital to provide essential medical care to all patients, regardless of race, creed, sex, national origin, handicap, age, or ability to pay.

    Mercy Medical Center goes above and beyond to serve those in need. It offers 24/7 trauma center services and accepts patients covered by governmental indigent programs. The hospital's charity services include those for which no or nominal payment is anticipated, and each department caters to patients with such coverage. In 20XX, Mercy Medical Center provided costly services worth $28,080,000 to uninsured and underinsured patients. In addition, the hospital offers reduced-price services and free programs, contributing significantly to the community's health.

    The hospital's community benefits extend beyond direct patient care. Mercy Medical Center hosts educational seminars on various medical topics, such as joint replacement surgery, prenatal education, diabetes, mental health disorders, and numerous other conditions. These events cater to both medical professionals and the general public, promoting awareness and knowledge in the community. The hospital also makes its meeting facilities available to numerous organizations, including the American Heart Association, the Iowa Breast Cancer Foundation, and several support groups, at no charge. These collaborations strengthen the healthcare network and contribute to the overall wellbeing of the community. Furthermore, Mercy Medical Center contributed approximately 76,185 hours toward community healthcare initiatives, with a value of approximately $1,106,244. These efforts were returned to the community through lower costs.

    Impact

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




    Thursday, August 15, 2024

    Mercy Medical Center in Cedar Rapids, IA, has a significant impact on the community by providing essential medical healthcare services to all patients, regardless of their ability to pay. The hospital goes above and beyond in its mission to care for the sick and enhance community health, guided by the spirit of the Sisters of Mercy.

    Mercy Medical Center not only operates a 24/7 trauma center but also offers charity care services for those in need. It provides free services to patients who meet the hospital's guidelines, contributing to over $48 million in costs exceeding reimbursements from government programs like Medicare and Medicaid.

    Additionally, Mercy Medical Center demonstrates its commitment to the community by offering numerous educational seminars on various health topics, hosting meetings for various health and social organizations, and contributing thousands of hours of service valued at over a million dollars back to the community.

    Overall, Mercy Medical Center's impact extends far beyond providing medical treatment to those in need; it actively works to improve the well-being and health of the entire community it serves.





    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: $16,653,110
  • Program Service Revenue: $390,702,891
  • Gross Receipts: $566,477,030

    • Assets and Liabilities:
  • Total Assets: $716,000,674
  • Total Liabilities: $209,763,154
  • Net Assets: $506,237,520
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PATIENT REVENUES

    Revenue

    $266,548,530

    LABORATORY REVENUE

    Revenue

    $129,973,438

    FAMILY COUNSELING REVENUE

    Revenue

    $217,887

    LESS: PROVISION FOR BAD DEBT

    Revenue

    $-6,036,964

    Organization Details

    Founding Year

    1900

    Principal Officer

    Nathan Van Genderen

    Main Address

    701 10TH ST SE, CEDAR RAPIDS, IA, 52403

    NTEE Category

    Code: E22 - Health

    If you are a representative of Mercy Medical Center 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.