Mercy Health Network
Also known as Mercyone
Mercy Health Network reported $34.6 million in revenue and $37.6 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $79.11 went to program services, $20.89 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: 97.1% of the total. The highest compensation it reported for one person was $3,488,982 (DIRECTOR; TRINITY HEALTH EVP COO). Revenue rose 27% 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 $38MFor context, the median across 2,433 covered unclassified charities: $88.27 programs, $11.68 management, $0.05 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 $35MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 79.1% | 86.7% |
| Management & general Part IX 25(C) ÷ 25(A) | 20.9% | 11.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | Not reported | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.0% | 29.9% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 3.8% |
| Program service revenue share Part VIII 2g ÷ 12 | 97.1% | 58.9% |
| Highest reported compensation Part VII-A, columns D–F | $3,488,982 | $301,601 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 9.27% | 1.38% |
| People paid over $100,000 Part VII, line 2 | 0 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 1.8 | 6.8 |
| Independent voting board members Part VI 1a–1b | 0 of 6 | 100.0% |
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 expenseMercy Health Network (mercyone) is an integrated system of member hospitals and other health and patient care facilities-united into one operating organization to improve the delivery of health care services to the people of iowa and surrounding communities. Mercyone provides significant administrative, management, governance and oversight responsibilities for the overall activities and operations of many acute care hospitals, ambulatory care facilities, home care and hospice programs presently owned and operated by trinity health.the mercyone system functions as an integrated health care…
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; TRINITY HEALTH EVP COO Director/trustee, 1.00 hrs/week | $0 | $3,436,400 | $52,582 | $3,488,982 |
| DIRECTOR; TRINITY HEALTH EVP CFO Director/trustee, 1.00 hrs/week | $0 | $2,378,767 | $448,380 | $2,827,147 |
| DIR; TRINITY EVP CHIEF CLINICAL OFCR Director/trustee, 1.00 hrs/week | $0 | $2,439,599 | $55,387 | $2,494,986 |
| DIRECTOR; PRESIDENT AND CEO Director/trustee, officer, 48.00 hrs/week | $0 | $2,416,873 | $54,140 | $2,471,013 |
| DIR/CHAIR; TRINITY CHIEF LEGAL OFCR Director/trustee, officer, 1.00 hrs/week | $0 | $1,964,988 | $48,692 | $2,013,680 |
| PRESIDENT CENTRAL IOWA DIVISION Key employee, 51.00 hrs/week | $0 | $1,685,852 | $245,442 | $1,931,294 |
| FORMER KEY EMPLOYEE Former, 0.00 hrs/week | $0 | $1,198,272 | $455,195 | $1,653,467 |
| DIR, TRINITY EVP CHIEF STRATEGY OFCR Director/trustee, 1.00 hrs/week | $0 | $1,326,967 | $285,343 | $1,612,310 |
0 people received more than $100,000 in reportable compensation from Mercy Health Network (Part VII, line 2). Compensation of current officers, directors and key employees totaled $6.7M (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–1b6 · 0 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 50
Correct a figure or respond
Every number above is copied from Mercy Health Network's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Mercy Health Network, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Mercy Health Network spent in FY2025, $79.11 went to programs. The full breakdown, from its IRS Form 990:
Questions people ask
How much of Mercy Health Network's spending goes to programs?
In the fiscal year ending June 30, 2025, Mercy Health Network reported that 79.1% of its $37.6 million in expenses went to program services, 20.9% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Mercy Health Network pay its top executive?
The largest total compensation Mercy Health Network reported for one person in the fiscal year ending June 30, 2025 was $3,488,982, for the role of DIRECTOR; TRINITY HEALTH EVP COO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Mercy Health Network get its money?
Of $34.6 million in revenue in the fiscal year ending June 30, 2025, 0.0% came from contributions and grants and 97.1% from program service revenue (Form 990, Part VIII).
Is Mercy Health Network a registered charity?
The IRS lists EIN 42-1478417 as a 501(c)(3) organization (hospital or medical research organization). 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 202601329349301605 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202531289349302498 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202401319349300435 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341309349302969 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202241369349303304 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202101329349300910 · read the filing
All filings for EIN 42-1478417: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.