EIN 42-0698295

Mercy Medical Center

IRS 501(c) type
501(c)(3)
Num. employees
2,962
State
Year formed
1900
Most recent tax filings
2022-06-01
NTEE code, primary
Description
Mercy Medical Center is a health care facility located in Cedar Rapids, IA. Its mission is to care for the sick and enhance the health of the communities it serves, guided by the spirit of the Sisters of Mercy. The hospital provides medical health care 24 hours a day, seven days a week including trauma center service to all patients regardless of race, creed, sex, national origin, handicap, age or ability to pay.
Related structure
Mercy Medical Center is child organization, under the parent exemption from United States Conference of Catholic Bishops (USCCB).
Total revenues
$418,379,415
2022
Total expenses
$412,756,686
2022
Total assets
$716,000,674
2022
Num. employees
2,962
2022

Program areas at Mercy Medical Center

The hospital provides Medical health care, including 24 hours a day, seven days a week trauma Center service, to all patients accessing the system, regardless of race, creed, sex, national origin, handicap, age or ability to pay. A patient is classified as a charity patient by reference to certain estabilished policies of the hospital. Essentially, these policies define charity services as those services for which no or nominal payment is anticipated. Additionally, each hospital department accepts all patients who are covered by governmental indigent programs. Such indigent programs typically remit amounts substantially less than charges. The following summarizes the hospital's care of the uninsured and underinsured. Costs in excess of medicare reimbursement (costs of providing the services less the amounts received from medicare) - $28,080,000; other community benefits (includes subsidized health services, financial contributions) - $2,298,000; free service (to patients who meet Mercy's free-service guidelines) - $4,990,000; costs in excess of medicaid reimbursement (costs of providing the services less the amounts received from medicaid) - $12,580,000, physician education - $(1,119,000). In addition, charity care and community service are provided through many reduced-price services and free programs offered throughout the year. These programs provide a bona fide community health need, including: a. Public and professional educational seminar are offered on a variety of topics including joint replacement surgery, prenatal education, diabetes, mental health disorders, and numerous other Medical conditions of Medical and psychosocial nature. Specialized cancer seminars are also offered. B. Hospital meeting facilities which are frequently used without charge by such groups as the american heart association, Iowa breast cancer foundation, healthy linn network advisory committee, overeaters anonymous, catholic laymen, united way, catherine mcauley Center for women, the american cancer society. M.s. Support group, eastern Iowa oncology nurses society, the Iowa cancer consortium, the parent education consortium, arc of east central Iowa, and several other groups. C. contributions of approximately 76,185 hours toward the common purpose of serving the health care of the community. The value of these contributions was approximately $1,106,244 and was given back to the community through lower costs.

Grants made by Mercy Medical Center

GranteeGrant descriptionAmount
Mercycare Service CorporationFor Use in Continuing Operations$6,750,000
Mercy Medical Center Foundation / Mercy Hospitalcedar Rapidsia Endowment Foundation IncFor Use in Continuing Operations$1,218,025
Willis Dady Homeless ServicesGeneral Support$45,000
...and 13 more grants made

Who funds Mercy Medical Center

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Mercy Medical Center Foundation / Mercy Hospitalcedar Rapidsia Endowment Foundation IncMercy Medical Center Projects & Operations$3,151,180
Mercy Medical Center Foundation / Mercy Hospitalcedar Rapidsia Endowment Foundation IncEquipment$1,743,429
Mercy Medical Center Foundation / Mercy Hospitalcedar Rapidsia Endowment Foundation IncHall Radiation Center$557,820
...and 10 more grants received
Federal funding details
Federal agencyProgram nameAmount
Department of Homeland SecurityDISASTER GRANT-PUBLIC ASSISTANCE (PRESIDENTIALLY DECLARED DISASTERS)$884,638
Department of Health and Human ServicesHOSPITAL PREPAREDNESS PROGRAM$10,797
Department of Health and Human ServicesPUBLIC HEALTH EMERGENCY PREPAREDNESS AND RESPONSE$10,000

Personnel at Mercy Medical Center

NameTitleCompensation
Timothy L CharlesPresident and Chief Executive Officer$1,289,481
Nathan van GenderenExecutive Vice President and Chief Financial Officer$640,562
Jeffrey CashChief Information Officer$438,259
Nancy Hill-DavisChief Talent Officer / Senior Vice President - Human Resources$436,574
Mary BrobstChief Nursing Officer$448,816
...and 9 more key personnel

Financials for Mercy Medical Center

RevenuesFYE 06/2022
Total grants, contributions, etc.$11,561,637
Program services$390,702,891
Investment income and dividends$8,728,793
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$-66,054
Net gain from sale of non-inventory assets$7,924,317
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$-369,423
Miscellaneous revenues$-102,746
Total revenues$418,379,415

Form 990s for Mercy Medical Center

Fiscal year endingDate received by IRSFormPDF link
2020-062021-05-18990View PDF
2019-062021-02-09990View PDF
2018-062019-12-12990View PDF
2017-062018-09-12990View PDF
2016-062017-09-20990View PDF
...and 6 more Form 990s
Data update history
May 25, 2023
Updated personnel
Identified 1 new personnel
May 13, 2023
Received grants
Identified 12 new grant, including a grant for $1,101,162 from Mercy Medical Center Foundation
September 7, 2022
Used new vendors
Identified 1 new vendor, including
August 22, 2021
Posted financials
Added Form 990 for fiscal year 2019
July 4, 2021
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
HospitalsHealth organizationsChapter / child organizations
Issues
Health
Characteristics
CatholicChristianReligiousLobbyingOperates internationallyState / local levelReceives government fundingEndowed supportCommunity engagement / volunteeringTax deductible donations
General information
Address
701 10th St Se
Cedar Rapids, IA 52403
Metro area
Cedar Rapids, IA
County
Linn County, IA
Website URL
mercycare.org/ 
Phone
(319) 398-6105
IRS details
EIN
42-0698295
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1900
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
E22: Hospital, General
NAICS code, primary
622: Hospitals
Parent/child status
Child within group exemption
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