Genesis Health System
Also known as See Schedule O for List
Genesis Health System reported $736.1 million in revenue and $711.2 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $83.68 went to program services, $16.32 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 93.1% of the total. The highest compensation it reported for one person was $2,471,013 (DIRECTOR, MERCYONE PRESIDENT & CEO). 401 people received more than $100,000 in reportable compensation. Revenue rose 38% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $711MFor context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $736MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 83.7% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 16.3% | 13.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.3% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.2% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 93.1% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $2,471,013 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.35% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 401 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 8.0 | 6.6 |
| Independent voting board members Part VI 1a–1b | 11 of 15 | 88.9% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseGenesis Health System (mercyone genesis) is a Health System located in eastern iowa consisting of three hospital facilities, two in davenport and one in dewitt, iowa. Mercyone genesis davenport medical center contains 502 licensed acute care beds. Mercyone genesis dewitt medical center contains 13 licensed acute care and swing beds. Mercyone genesis also includes a family medicine residency program that continues to educate residents in the hospital setting. Genesis Health group, a physician group within mercyone genesis encompasses a wide variety of specialties and family practice groups…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| DIRECTOR, MERCYONE PRESIDENT & CEO Director/trustee, 1.00 hrs/week | $0 | $2,416,873 | $54,140 | $2,471,013 |
| FORMER OFF,MERCYONE CENTRAL IA PRES Former, 0.00 hrs/week | $0 | $1,685,852 | $245,442 | $1,931,294 |
| DIRECTOR, MERCYONE EASTERN IA PRES Director/trustee, officer, 30.00 hrs/week | $765,249 | $437,550 | $125,994 | $1,328,793 |
| CFO AND ASST. TREASURER THRU 4/25 Officer, 39.00 hrs/week | $821,741 | $7,466 | $27,416 | $856,623 |
| CMO THR 11/24; COO AS OF 12/24 Key employee, 40.00 hrs/week | $787,460 | $9,231 | $42,697 | $839,388 |
| VP HUMAN RESOURCES Highest compensated employee, 50.00 hrs/week | $771,040 | $0 | $34,802 | $805,842 |
| PHYSICIAN - OBSTETRICS & GYNECOLOGY Highest compensated employee, 50.00 hrs/week | $688,231 | $0 | $22,410 | $710,641 |
| PHYSICIAN - FAMILY MEDICINE Highest compensated employee, 50.00 hrs/week | $668,832 | $0 | $19,946 | $688,778 |
401 people received more than $100,000 in reportable compensation from Genesis Health System (Part VII, line 2). Compensation of current officers, directors and key employees totaled $3.7M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b15 · 11 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aNo
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 54,423
- Volunteers Part I, line 6180
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| CERNER CORPORATION Information technology services | $17,322,774 |
| CROTHALL HEALTHCARE Maintenance/ environmental svcs | $8,069,858 |
| LABCORP Laboratory services | $4,586,124 |
| HR ACCOUNTS INC Collection services | $3,190,609 |
| VITUITY-IOWA PLLC Health care services | $2,852,296 |
Individuals listed as contractors are left out. 107 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from Genesis Health System's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Genesis Health System, you can publish a response that is linked from this page.
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Of every $100 Genesis Health System spent in FY2025, $83.68 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Lafayette General Medical CenterLafayette, LA · revenue $735M · programs 94.8% · 2024
- Children's HospitalNew Orleans, LA · revenue $737M · programs 79.8% · 2024
- Saint Agnes Medical CenterFresno, CA · revenue $734M · programs 92.6% · FY2025
- Kalispell Regional Medical CenterKalispell, MT · revenue $737M · programs 93.2% · 2024
- Hamilton Medical CenterDalton, GA · revenue $733M · programs 83.8% · FY2025
Questions people ask
How much of Genesis Health System's spending goes to programs?
In the fiscal year ending June 30, 2025, Genesis Health System reported that 83.7% of its $711.2 million in expenses went to program services, 16.3% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Genesis Health System pay its top executive?
The largest total compensation Genesis Health System reported for one person in the fiscal year ending June 30, 2025 was $2,471,013, for the role of DIRECTOR, MERCYONE PRESIDENT & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Genesis Health System get its money?
Of $736.1 million in revenue in the fiscal year ending June 30, 2025, 0.3% came from contributions and grants (including 0.2% from government grants) and 93.1% from program service revenue (Form 990, Part VIII).
Is Genesis Health System a registered charity?
The IRS lists EIN 42-1418847 as a 501(c)(3) organization (hospital or medical research organization), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202601349349305875 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511359349304046 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202411369349308526 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202301359349304430 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202221319349305067 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202121309349301247 · read the filing
All filings for EIN 42-1418847: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.