MERCY MEDICAL CENTER Charity Report

Public IRS 990 nonprofit record

MERCY MEDICAL CENTER

EIN 42-0698295 · Health Care (E220)

What they do

to CARE for THE SICK and ENHANCE THE HEALTH of THE COMMUNITIES WE SERVE, GUIDED BY THE SPIRIT of THE SISTERS of MERCY.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $80.50 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders35 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

80.63%of revenue went to mission work80.5% of expenses · Program services

$100.12spent for every $100 of revenueSpending was higher than revenue this year.

19.49%of revenue went to management and office costs19.5% of expenses

$1.44in assets for every $1 spent this yearSome assets cannot be spent right away.

4.4%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $652,645 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $3,342,795 for CHONG C LEE MD (PHYSICIAN). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$524,502,517

Mission workProgram services$422,925,57680.63% of revenue80.5% of expenses

ManagementOffice and general costs$102,229,58619.49% of revenue19.5% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$525,155,162100.12% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 80.5% mission · 19.5% management · 0.0% fundraisingTotal expenses: 100.12% of revenue

2023Expense mix: 80.7% mission · 19.3% management · 0.0% fundraisingTotal expenses: 101.97% of revenue

2022Expense mix: 82.2% mission · 17.8% management · 0.0% fundraisingTotal expenses: 104.67% of revenue

2021Expense mix: 79.8% mission · 20.2% management · 0.0% fundraisingTotal expenses: 98.66% of revenue

2020Expense mix: 78.6% mission · 21.4% management · 0.0% fundraisingTotal expenses: 95.50% of revenue

2019Expense mix: 78.7% mission · 21.3% management · 0.0% fundraisingTotal expenses: 98.68% of revenue

2018Expense mix: 78.6% mission · 21.4% management · 0.0% fundraisingTotal expenses: 98.16% of revenue

2017Expense mix: 78.6% mission · 21.4% management · 0.0% fundraisingTotal expenses: 98.02% of revenue

Money in and money out

Revenue$524,502,517

Expenses$525,155,162

Annual shortfall $652,645 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$422,925,576 · 80.5% of expenses

Management and office costs$102,229,586 · 19.5% of expenses

See all reported dollar amounts

Revenue$524,502,517

Expenses$525,155,162

Assets$755,979,447

Income$603,893,867

Contributions$22,849,001

Mission work (program services)$422,925,576

Grants given$94,320,603

Average grant$491,253

Management and general$102,229,586

Executive compensation (total)$2,569,543

Stocks and bonds$259,820,778

Investing fees$406,558

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

CHONG C LEE MDPHYSICIAN · 40 hrs/week $3,342,795Base $3,310,068 · Other $32,727

AMANDEEP DHALIWAL MDPHYSICIAN · 40 hrs/week $1,571,849Base $1,539,824 · Other $32,025

VINCENT REID MDPHYSICIAN · 40 hrs/week $1,375,528Base $1,333,962 · Other $41,566

RYAN HOLLENBECK MDMEMBER BOARD OF TRUSTEES · 40 hrs/week $1,317,130Base $1,276,754 · Other $40,376

BHAVYA AKHAURI MDPHYSICIAN · 40 hrs/week $1,304,903Base $1,268,922 · Other $35,981

SACHIN GOYALPHYSICIAN · 40 hrs/week $1,243,069Base $1,235,174 · Other $7,895

TIMOTHY QUINN MDPRESIDENT & CHIEF EXECUTIVE OFFICER · 40 hrs/week $818,087Base $728,839 · Other $89,248

TIMOTHY L CHARLESFORMER PRESIDENT & CHIEF EXECUTIVE OFFICER · 40 hrs/week $695,379

NATHAN VAN GENDERENEXECUTIVE VICE PRESIDENT & CFO · 40 hrs/week $575,727Base $506,186 · Other $69,541

TONY MYERS MDCHIEF MEDICAL OFFICER · 40 hrs/week $501,214Base $450,576 · Other $50,638

GREG DEWOLFCHIEF OPERATIONS OFFICER · 40 hrs/week $428,969Base $370,686 · Other $58,283

NANCY HILLCHIEF TALENT OFFICER · 40 hrs/week $381,117Base $336,797 · Other $44,320

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (35)

CHONG C LEE MDPHYSICIAN

AMANDEEP DHALIWAL MDPHYSICIAN

VINCENT REID MDPHYSICIAN

RYAN HOLLENBECK MDMEMBER BOARD OF TRUSTEES

BHAVYA AKHAURI MDPHYSICIAN

SACHIN GOYALPHYSICIAN

TIMOTHY QUINN MDPRESIDENT & CHIEF EXECUTIVE OFFICER

TIMOTHY L CHARLESFORMER PRESIDENT & CHIEF EXECUTIVE OFFICER

NATHAN VAN GENDERENEXECUTIVE VICE PRESIDENT & CFO

TONY MYERS MDCHIEF MEDICAL OFFICER

GREG DEWOLFCHIEF OPERATIONS OFFICER

NANCY HILLCHIEF TALENT OFFICER

JEFFREY CASHCHIEF INFORMATION OFFICER

MARY BROBSTFORMER CHIEF NURSING OFFICER

SISTER MAURITA SOUKUPSECRETARY

SISTER SHARON KERRIGANMEMBER BOARD OF TRUSTEES

SISTER TERRY MALTBYFORMER MEMBER BOARD OF TRUSTEES

RUE PATELMEMBER BOARD OF TRUSTEES

BARB KNAPPMEMBER BOARD OF TRUSTEES

NANCY KASPAREKMEMBER BOARD OF TRUSTEES

AL RUFFALOMEMBER BOARD OF TRUSTEES

MICHELE BUSSEMEMBER BOARD OF TRUSTEES

MARY QUASSMEMBER BOARD OF TRUSTEES

LYDIA BROWNFORMER MEMBER BOARD OF TRUSTEES

KYLE SKOGMANMEMBER BOARD OF TRUSTEES

JOHN-PAUL BESONGMEMBER BOARD OF TRUSTEES

JOHN RIFEMEMBER BOARD OF TRUSTEES

FRED PILCHER MDMEMBER BOARD OF TRUSTEES

DARREL MORFVICE CHAIRMAN/TREASURER

CHRIS DEWOLFMEMBER BOARD OF TRUSTEES

ANN STROH MDFORMER MEMBER BOARD OF TRUSTEES

CHERYLE MITVALSKYCHAIRMAN

CHARLES ROHDEMEMBER BOARD OF TRUSTEES

BOB CATALDOMEMBER BOARD OF TRUSTEES

BARRIE ERNSTMEMBER BOARD OF TRUSTEES

About this charity

Recognized since: January 1946
Location: 701 10TH ST SE, CEDAR RAPIDS, IA 52403
County: Linn
In care of: JOE MALAS
Primary officer: JOE MALAS, EXECUTIVE VP/CFO

How to reach them

WebsiteVisit the charity’s website Phone(319) 398-6105

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: RSM US LLP
NTEE classification: Health Care (E220)
IRS tax category: General Medical and Surgical Hospitals
Grant-giving organization: Yes