MERCY HEALTH NETWORK INC Charity Report

Public IRS 990 nonprofit record

MERCY HEALTH NETWORK INC

EIN 42-1478417 · Group Health Practices (E31)

What they do

WE, MERCY HEALTH NETWORK and TRINITY HEALTH, SERVE TOGETHER IN THE SPIRIT of THE GOSPEL AS A COMPASSIONATE and TRANSFORMING HEALING PRESENCE WITHIN OUR COMMUNITIES. MERCY HEALTH NETWORK is A MEMBER of TRINITY HEALTH.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $79.10 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 leaders20 people are listed in the latest report.

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

Money made simple

86.13%of revenue went to mission work79.1% of expenses · Program services

$108.87spent for every $100 of revenueSpending was higher than revenue this year.

22.74%of revenue went to management and office costs20.9% of expenses

$11.78in assets for every $1 spent this yearSome assets cannot be spent right away.

0.0%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 $3,067,932 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $455,195 for MICHAEL WEGNER (FORMER KEY EMPLOYEE). 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$34,572,359

Mission workProgram services$29,777,21286.13% of revenue79.1% of expenses

ManagementOffice and general costs$7,863,07922.74% of revenue20.9% of expenses

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

Total expenses$37,640,291108.87% 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: 79.1% mission · 20.9% management · 0.0% fundraisingTotal expenses: 108.87% of revenue

2023Expense mix: 82.4% mission · 17.6% management · 0.0% fundraisingTotal expenses: 147.75% of revenue

2022Expense mix: 70.2% mission · 29.8% management · 0.0% fundraisingTotal expenses: 119.84% of revenue

2021Expense mix: 85.7% mission · 14.3% management · 0.0% fundraisingTotal expenses: 92.90% of revenue

2020Expense mix: 84.1% mission · 15.9% management · 0.0% fundraisingTotal expenses: 106.83% of revenue

2019Expense mix: 86.4% mission · 13.6% management · 0.0% fundraisingTotal expenses: 99.94% of revenue

2018Expense mix: 85.8% mission · 14.2% management · 0.0% fundraisingTotal expenses: 100.11% of revenue

2017Expense mix: 85.4% mission · 14.6% management · 0.0% fundraisingTotal expenses: 100.66% of revenue

Money in and money out

Revenue$34,572,359

Expenses$37,640,291

Annual shortfall $3,067,932 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)$29,777,212 · 79.1% of expenses

Management and office costs$7,863,079 · 20.9% of expenses

See all reported dollar amounts

Revenue$34,572,359

Expenses$37,640,291

Assets$443,438,732

Income$34,572,359

Contributions$1,200

Mission work (program services)$29,777,212

Grants given$334,800

Average grant$18,600

Management and general$7,863,079

Executive compensation (total)$2,839,520

Stocks and bonds$6,271,818

Investing fees$18,440

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

MICHAEL WEGNERFORMER KEY EMPLOYEE $455,195Base · Other $455,195

DANIEL ISACKSEN JRDIRECTOR; TRINITY HEALTH EVP CFO · 1 hrs/week $448,380Base · Other $448,380

RAY ANDERSON PHDDIR, TRINITY EVP CHIEF STRATEGY OFCR · 1 hrs/week $285,343Base · Other $285,343

KURT ANDERSEN MDPRESIDENT CENTRAL IOWA DIVISION · 51 hrs/week $245,442Base · Other $245,442

THOMAS CLARKPRESIDENT WESTERN IOWA $155,119Base · Other $155,119

JORDAN VOIGTPRESIDENT EASTERN IOWA DIVISION · 15 hrs/week $125,994Base · Other $125,994

JENNIFER OLSON DOPRESIDENT MEDICAL GROUP · 37 hrs/week $120,231Base · Other $120,231

JESSE TISCHERCHIEF TRANSFORMATION AND INTEG OFFCR · 50 hrs/week $107,473Base · Other $107,473

HIJINIO CARREON DOEVP, CHIEF CLINICAL OFFICER · 50 hrs/week $90,746Base · Other $90,746

JACKIE LUECHTCHIEF HUMAN RESOURCES OFFICER · 50 hrs/week $57,948Base · Other $57,948

HEATHER CAMPBELLSECRETARY; CHIEF LEGAL OFFICER · 40 hrs/week $57,759Base · Other $57,759

DANIEL ROTH MDDIR; TRINITY EVP CHIEF CLINICAL OFCR · 1 hrs/week $55,387Base · Other $55,387

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 (20)

MICHAEL WEGNERFORMER KEY EMPLOYEE

DANIEL ISACKSEN JRDIRECTOR; TRINITY HEALTH EVP CFO

RAY ANDERSON PHDDIR, TRINITY EVP CHIEF STRATEGY OFCR

KURT ANDERSEN MDPRESIDENT CENTRAL IOWA DIVISION

THOMAS CLARKPRESIDENT WESTERN IOWA

JORDAN VOIGTPRESIDENT EASTERN IOWA DIVISION

JENNIFER OLSON DOPRESIDENT MEDICAL GROUP

JESSE TISCHERCHIEF TRANSFORMATION AND INTEG OFFCR

HIJINIO CARREON DOEVP, CHIEF CLINICAL OFFICER

JACKIE LUECHTCHIEF HUMAN RESOURCES OFFICER

HEATHER CAMPBELLSECRETARY; CHIEF LEGAL OFFICER

DANIEL ROTH MDDIR; TRINITY EVP CHIEF CLINICAL OFCR

MICHAEL TRACHTAVP, RURAL HOSPITALS AND REGIONAL OPS

LILLIAN DITTRICKPRES,POPULATION HEALTH SVCS THR 4/25

ROBERT RITZDIRECTOR; PRESIDENT AND CEO

BENJAMIN CARTERDIRECTOR; TRINITY HEALTH EVP COO

LINDA ROSSDIR/CHAIR; TRINITY CHIEF LEGAL OFCR

JODIE ROETTGERFORMER OFFICER

NATHAN HULSEFORMER HIGHEST COMPENSATED

TERRI DONOVAN PAID BY MGMT COINTERIM VICE PRESIDENT FINANCE

About this charity

Recognized since: January 1946
Location: 411 LAUREL STREET 200, DES MOINES, IA 50314
County: Polk
In care of: TERRI DONOVAN
Primary officer: TERRI DONOVAN, INTERIM VP FINANCE AND CFO

How to reach them

WebsiteVisit the charity’s website Phone(515) 358-9200

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
NTEE classification: Group Health Practices (E31)
IRS tax category: Group Health Practices
Grant-giving organization: Yes