Overview
What is Covenant Medical Center Inc?
Covenant Medical Center Inc, based in Waterloo, Iowa, is a 511-bed, faith-based, not-for-profit healthcare provider under MercyOne Northeast Iowa. With three hospitals in Waterloo, Cedar Falls, and Oelwein, they offer comprehensive medical and surgical services, including cardiology, orthopedics, neurosurgery, maternity and NICU, cancer treatment, minimally invasive and bariatric surgery, and more. MercyOne Northeast Iowa, founded in 1998, consists of 14 hospitals and 27 members. The organization provides care for the people of Iowa and adjoining states, employing over 2700 individuals. Through Covenant Foundation, Sartori Health Care Foundation, and Mercy Hospital Foundation, they fundraise and support various health initiatives. Community programs include health improvement services, education, and community building activities, all aimed at promoting the well-being of patients and communities. In 2022, the organization provided over $24 million in benefits to the community, through charity care, subsidized health services, and community health improvement services.
Official website here: www.mercyone.org/northeastiowa
Is Covenant Medical Center Inc legitimate?
Covenant Medical Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Covenant Medical Center Inc 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: $4,050,377
Professional Fundraising Fees: $0
Other Salaries and Wages: $142,430,704
For more financial information, click here
Official website here: www.mercyone.org/northeastiowa
What is the mission statement of Covenant Medical Center Inc?
Covenant Medical Center Inc, as part of Mercy Health Network, is committed to delivering exceptional and compassionate healthcare services that uphold the dignity and well-being of the patients and communities they serve. They strive to live out the healing ministry of the Judeo-Christian tradition. Their mission is to be recognized for superior healthcare services and clinical excellence. They aim to be the preferred employer of choice for healthcare workers and the trusted partner of physicians.
Official website here: www.mercyone.org/northeastiowa
Who is the CEO of Covenant Medical Center Inc?
Jack Dusenbery is the Director; Pres.; Sec.; Treas. of Covenant Medical Center Inc.
Official website here: www.mercyone.org/northeastiowa
What is the revenue of Covenant Medical Center Inc?
Covenant Medical Center Inc's revenue in 2022 was $319,111,884.
Official website here: www.mercyone.org/northeastiowa
Who are the executives of Covenant Medical Center Inc and what are their salaries?
The average compensation at Covenant Medical Center Inc during 2022 was $53,853. There are 2,720 employees and 70 volunteers at Covenant Medical Center Inc.
Here are 23 key members and their salaries:
- Richard Naylor Md (Physician Employee)
- Victor Mujica Md (Physician Employee)
- Ahsan Maqsood Md (Physician Employee)
- Gary Knudson (Physician Employee)
- Jason Stanford Md (Physician Employee)
- Jack Dusenbery (Director; Pres.; Sec.; Treas.)
- Luis Avila Md (Director; Phys. Emp Thru 12/21)
- Matthew Sojka (Vp Medical Affairs)
- Rachelle Makinde Md (Director; Physician Employee)
- Brian Burnett Md (Director; Physician Employee)
- Jeffrey Halverson (Vp Phys. Networking Thru 5/22)
- Timothy Huber (Asst Treas; Vp Finance)
- Kelly Richards (Cno)
- Ryan Meyer (Vp Site Administrator)
- Nancy Schaefer (Asst. Secy; Exec. Asst.)
- David Deaver (Chair) [Trustee/Director]
- Gregory Schmitz (Director)
- Casey Mclaughlin (Director)
- Shirley Dunlap (Director)
- Bob Ritz (Director, Ex Offici, Mhn Pres.)
- Alan Kruger (Director)
- James Lee (Director)
- Carol Tousley (Director)
Official website here: www.mercyone.org/northeastiowa
Where can I find the form 990 for Covenant Medical Center Inc?
The Covenant Medical Center Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.mercyone.org/northeastiowa
Learn more at the official website: www.mercyone.org/northeastiowa
Mission Statement of Covenant Medical Center Inc
Covenant Medical Center Inc, a respected member of Mercy Health Network, is dedicated to delivering exceptional and compassionate healthcare services, in line with the Judeo-Christian tradition. The organization aspires to be recognized for superior healthcare service, clinical excellence, and as the employer of choice within the healthcare industry. Most importantly, Covenant Medical Center Inc strives to promote the dignity and well-being of the patients and communities it serves. As part of its commitment to the healing ministry, it provides inpatient and outpatient healthcare services with unwavering compassion. By emphasizing the importance of each individual's worth, the Center aims to foster an environment where patients feel valued and cared for. Through its high-quality healthcare offerings, Covenant Medical Center Inc continues to make a positive impact on the lives of those it serves.
Impact
This information is meant to be a general summary of Covenant Medical Center Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Covenant Medical Center Inc, through its affiliation with Mercy Health Network, plays a vital role in providing exceptional and compassionate healthcare services in the Iowa region. With a mission rooted in the healing ministry of the Judeo-Christian tradition, Covenant Medical Center offers a comprehensive range of inpatient and outpatient services, covering areas of excellence such as cardiology, orthopedics, neurosurgery, maternity, cancer treatment, and more.
In 2022, Covenant Medical Center Inc demonstrated a significant community impact by providing charity care amounting to $2,624,319 to individuals who could not afford healthcare services. Additionally, the organization allocated substantial resources towards community health improvement services, health professions education, and subsidized health services, totaling a community benefit of $24,085,769 for the year.
By focusing on improving community health, investing in education for healthcare professionals, and extending financial contributions to support charitable purposes, Covenant Medical Center Inc continues to be a cornerstone of healthcare provision in the region and a key partner in promoting the well-being of both patients and communities.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET PROGRAM SERVICE REVENUE
Revenue
$35,749,508
MEDICARE/MEDICAID PAYMENTS
Revenue
$248,391,140
RENT REVENUE
Revenue
$7,709,324
Organization Details
Founding Year
1985
Phone
(319) 272-8000
Principal Officer
Jack Dusenbery
Main Address
3421 West Ninth Street, Waterloo, IA, 507025499
NTEE Category
Code: E22 - Health
If you are a representative of Covenant Medical Center Inc 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.