Overview
What is Catholic Health Initiatives - Iowa Corp?
Catholic Health Initiatives - Iowa Corp is a not-for-profit Catholic healthcare organization based in Des Moines, Iowa. They operate an 802-bed acute care hospital, Mercy Medical Center, dedicated to enhancing community health. As part of CommonSpirit Health, their mission is to improve the wellbeing of the served population, with a focus on supporting vulnerable individuals while advocating for social justice. Mercy Medical Center, led by Karl Keeler, offers essential healthcare services through its hospital and is committed to creating healthier communities.
Official website here: www.mercyone.org/desmoines/
What are the reviews and ratings of this charity?
Charity Navigator rating: 81% (Three-Star out of Four Stars)
Catholic Health Initiatives - Iowa Corp has received a solid Three-Star rating from Charity Navigator, reflecting a commitment to accountability and financial health. The charity's score is derived solely from its performance in the Accountability & Finance metric, where it excels in several areas, indicating a strong governance structure and financial practices.
The organization boasts a majority of independent board members and a robust size of 12, which enhances its oversight capabilities. It maintains excellent financial management practices, achieving a high program expense ratio of 92.28%, ensuring that most of its funds are directed towards its programs. The presence of comprehensive policies, including those on conflicts of interest and whistleblower protections, further enhances its credibility.
While the charity has demonstrated strengths in governance and financial transparency, the single beacon score approach may limit a more nuanced understanding of its overall performance. Nonetheless, the metrics provided indicate that Catholic Health Initiatives - Iowa Corp is operating effectively within its framework, focusing on accountability to its stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Catholic Health Initiatives - Iowa Corp legitimate?
Catholic Health Initiatives - Iowa Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Catholic Health Initiatives - Iowa Corp submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $6,346,471
Professional Fundraising Fees: $0
Other Salaries and Wages: $278,448,983
For more financial information, click here
Official website here: www.mercyone.org/desmoines/
What is the mission statement of Catholic Health Initiatives - Iowa Corp?
Catholic Health Initiatives - Iowa Corp is a not-for-profit Catholic healthcare organization dedicated to enhancing community health. As an affiliate of CommonSpirit Health, they aim to make God's healing presence known in the world by improving the health, especially of vulnerable populations, and promoting social justice for all. Their mission involves operating an acute care hospital to provide essential healthcare services and contribute to creating healthier communities. By prioritizing the wellbeing of the most vulnerable individuals, they strive to create a more equitable society through their healthcare efforts.
Official website here: www.mercyone.org/desmoines/
Who is the CEO of Catholic Health Initiatives - Iowa Corp?
Karl Keeler is the President (Partial Year) of Catholic Health Initiatives - Iowa Corp. The CEO's salary of Catholic Health Initiatives - Iowa Corp is $0 and their total compensation is $2,042,754.
Official website here: www.mercyone.org/desmoines/
What is the revenue of Catholic Health Initiatives - Iowa Corp?
Catholic Health Initiatives - Iowa Corp's revenue in 2022 was $899,251,353.
Official website here: www.mercyone.org/desmoines/
Who are the executives of Catholic Health Initiatives - Iowa Corp and what are their salaries?
The average compensation at Catholic Health Initiatives - Iowa Corp during 2022 was $45,538. There are 6254 employees and 450 volunteers at Catholic Health Initiatives - Iowa Corp.
Here are 30 key members and their salaries (Catholic Health Initiatives - Iowa Corp's CEO's salary is $0 and their total compensation is $2,042,754):
- Compensation: $0
- Related: $1,997,683
- Other: $45,071
- Compensation: $0
- Related: $1,555,781
- Other: $45,718
- Compensation: $1,286,950
- Related: $0
- Other: $39,835
- Compensation: $1,141,969
- Related: $0
- Other: $37,789
- Compensation: $1,043,933
- Related: $0
- Other: $10,299
- Compensation: $959,573
- Related: $0
- Other: $43,919
- Compensation: $925,580
- Related: $0
- Other: $49,467
- Compensation: $875,021
- Related: $0
- Other: $46,745
- Compensation: $861,493
- Related: $0
- Other: $42,475
- Compensation: $799,300
- Related: $0
- Other: $42,744
- Compensation: $724,670
- Related: $0
- Other: $49,305
- Compensation: $0
- Related: $705,728
- Other: $42,426
- Compensation: $655,742
- Related: $0
- Other: $36,627
- Compensation: $582,795
- Related: $0
- Other: $43,599
- Compensation: $393,381
- Related: $0
- Other: $42,015
- Compensation: $945
- Related: $69,210
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.mercyone.org/desmoines/
Where can I find the form 990 for Catholic Health Initiatives - Iowa Corp?
Catholic Health Initiatives - Iowa Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mercyone.org/desmoines/
Learn more at the official website: www.mercyone.org/desmoines/
Mission Statement of Catholic Health Initiatives - Iowa Corp
Catholic Health Initiatives-Iowa Corp, a not-for-profit Catholic health care organization, is committed to making the healing presence of God known in the world by improving the health of the people it serves. The organization, an affiliate of CommonSpirit Health, focuses on creating healthier communities through its operations, with a particular emphasis on supporting vulnerable individuals.
In line with its mission, Catholic Health Initiatives-Iowa Corp runs a 802-bed acute care hospital. Its team members work diligently to enhance the wellbeing of those they serve, with a special concern for the most vulnerable members of society. The organization advances social justice for all, contributing to a more equitable and healthy world.
Karl Keeler leads the medical center, which is part of this compassionate endeavor. By combining the values of compassion, caring, and commitment, this health care organization makes a significant difference in the lives of those it touches. Through various initiatives and the high-quality care provided at its hospital, Catholic Health Initiatives-Iowa Corp continues to foster healthier communities and promote the wellbeing of the most vulnerable individuals.
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Impact
October, 2024
Catholic Health Initiatives - Iowa Corp significantly impacts the community by operating the 802-bed Mercy Medical Center in Des Moines. This acute care hospital focuses on creating healthier communities through high-quality healthcare services. By prioritizing the health of vulnerable populations, the organization addresses critical health disparities and promotes equitable access to care.
As an affiliate of CommonSpirit Health, it emphasizes a holistic approach to well-being, integrating medical treatment with social justice efforts. This commitment not only enhances the health outcomes of individuals but also fosters a sense of community support and cohesion. The leadership, under Karl Keeler, drives initiatives that align with the mission to embody a healing presence, ensuring that the needs of the population are met with compassion and understanding. Through its operations, Catholic Health Initiatives - Iowa Corp plays a vital role in advancing community health and establishing a foundation for improved health equity in the region.
This information is meant to be a general summary of Catholic Health Initiatives - Iowa Corp. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $19,636,596
- Program Service Revenue: $751,622,774
- Gross Receipts: $899,251,353
Assets and Liabilities:
- Total Assets: $935,566,495
- Total Liabilities: $288,508,986
- Net Assets: $647,057,509
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET PATIENT SERVICES
Revenue
$737,462,546
INSURANCE
Revenue
$7,905,569
EQUITY CHANGES OF UNCO
Revenue
$4,260,244
INTERCOMPANY TRANSACTI
Revenue
$1,994,415
Organization Details
Founding Year
1965
Phone
(515) 643-7218Principal Officer
Karl Keeler
Main Address
1111 6TH AVENUE, DES MOINES, IA, 50314
Website
www.mercyone.org/desmoines/NTEE Category
Code: E220 - Health
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