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Wheaton Franciscan Healthcare-Iowa Inc

Mercyone Northeast Iowa

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 421177001 ✦ Waterloo, IA ✦ Designated as a 501(c)(3)

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Overview

What is Wheaton Franciscan Healthcare-Iowa Inc?

Wheaton Franciscan Healthcare-Iowa Inc, also known as MercyOne Northeast Iowa, is a faith-based, not-for-profit organization operating in Waterloo, Iowa, and surrounding areas. Founded in 1986, it has grown from consolidating St. Francis Hospital and Schoitz Medical Center to become a comprehensive healthcare provider with three hospitals - Covenant Medical Center, Mercy Hospital, and Sartori Memorial Hospital. With a commitment to exceptional and compassionate healthcare services, its mission aligns with the Judeo-Christian tradition. MercyOne Northeast Iowa includes over 100 primary and specialty care providers, and its entities offer various service lines such as cardiology, cancer treatment, and orthopedics. The organization has a long-standing history of community involvement and philanthropy, providing free or discounted health services, education, and contributions to the community. In 2022, it reported significant community benefit, totaling over $24 million.


Official website here: www.mercyone.org/northeastiowa

What are the reviews and ratings of this charity?

Charity Navigator Rating: 71% (Two-Star out of Four Star Rating)

Wheaton Franciscan Healthcare-Iowa Inc has received a Two-Star rating from Charity Navigator, reflecting a score of 71% based entirely on its Accountability & Finance category. This score indicates that while the organization demonstrates some strong financial practices, there are significant areas that require improvement, particularly in program expense allocation.

The organization has shown strengths in governance, including a fully independent board and robust financial oversight mechanisms. It has achieved perfect scores in areas such as material diversion of assets, conflict of interest policy, and financial statement audits. However, the lack of independent board members and a low program expense ratio highlight weaknesses that may affect its overall effectiveness in fulfilling its mission.

Users and stakeholders may want to consider these factors when evaluating the organization's impact and operational efficiency. While the governance practices are commendable, the performance in program expenses suggests that a greater portion of resources may not be directed towards direct programmatic activities, which could limit the nonprofit's effectiveness in delivering its services.


This AI summary has been generated from information found on Charity Navigator.

Is Wheaton Franciscan Healthcare-Iowa Inc legitimate?

Wheaton Franciscan Healthcare-Iowa Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wheaton Franciscan Healthcare-Iowa Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.mercyone.org/northeastiowa

What is the mission statement of Wheaton Franciscan Healthcare-Iowa Inc?

Wheaton Franciscan Healthcare-Iowa Inc is dedicated to upholding the healing ministry of the Judeo-Christian tradition while delivering exceptional and compassionate healthcare services. Their mission prioritizes the dignity and well-being of the patients and communities they serve. As a part of MercyOne Northeast Iowa, the supported organizations aim for recognition in the industry for superior healthcare service, clinical excellence, being the employer of choice, and the preferred partner of physicians.


Official website here: www.mercyone.org/northeastiowa

Who is the CEO of Wheaton Franciscan Healthcare-Iowa Inc?

Jack Dusenbery is the Director; Pres.; Sec.; Treas. of Wheaton Franciscan Healthcare-Iowa Inc.


Official website here: www.mercyone.org/northeastiowa

What is the revenue of Wheaton Franciscan Healthcare-Iowa Inc?

Wheaton Franciscan Healthcare-Iowa Inc's revenue in 2022 was $51,937,487.


Official website here: www.mercyone.org/northeastiowa

Who are the executives of Wheaton Franciscan Healthcare-Iowa Inc and what are their salaries?

There 7 volunteers at Wheaton Franciscan Healthcare-Iowa Inc.


Here are 16 key members and their salaries:


Jack Dusenbery (Director; Pres.; Sec.; Treas.)
  • Compensation: $0
  • Related: $737,843
  • Other: $35,339
Luis Avila Md (Director Thru 12/21; Phys Emp)
  • Compensation: $0
  • Related: $665,118
  • Other: $47,501
Matthew Sojka (Vp Medical Affairs)
  • Compensation: $0
  • Related: $479,058
  • Other: $30,612
Rachelle Makinde (Director As Of 1/22; Phys Emp)
  • Compensation: $0
  • Related: $455,020
  • Other: $35,713
Brian Burnett Md (Director; Physician Employee)
  • Compensation: $0
  • Related: $373,059
  • Other: $47,874
Jeffrey Halverson (Vp Phys. Networking Thru 5/22)
  • Compensation: $0
  • Related: $323,346
  • Other: $44,499
Timothy Huber (Asst. Treas; Vp Of Finance)
  • Compensation: $0
  • Related: $300,986
  • Other: $47,510
Nancy Schaefer (Asst. Secretary)
  • Compensation: $0
  • Related: $64,814
  • Other: $3,366
David Deaver (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory Schmitz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shirley Dunlap (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Casey Mclaughlin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Ritz (Director, Ex Offici, Mhn Pres.)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Kruger (Director Thru 12/21)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Lee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Tousley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mercyone.org/northeastiowa

Where can I find the form 990 for Wheaton Franciscan Healthcare-Iowa Inc?

Wheaton Franciscan Healthcare-Iowa Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mercyone.org/northeastiowa

Learn more at the official website: www.mercyone.org/northeastiowa

Mission Statement of Wheaton Franciscan Healthcare-Iowa Inc

Wheaton Franciscan Healthcare-Iowa Inc, a regional holding company, plays a vital role in supporting the missions of its affiliates. These organizations, as members of MercyOne Northeast Iowa, are committed to delivering exceptional and compassionate healthcare services, reflecting the healing ministry of the Judeo-Christian tradition. Their ultimate goal is to promote the dignity and well-being of the patients and communities they serve.

Wheaton Franciscan Healthcare-Iowa Inc's affiliates envision being recognized for their superior healthcare services, clinical excellence, and becoming the employer of choice for healthcare professionals. They aspire to be the preferred partners of physicians, ensuring a collaborative approach to patient care. By living out this mission, they contribute significantly to the overall well-being of the individuals and communities they serve.

The team at Wheaton Franciscan Healthcare-Iowa Inc is dedicated to fostering a culture of compassion, respect, and excellence. Through their commitment to the Judeo-Christian tradition, they prioritize the human aspect of healthcare, ensuring that every patient encounter is treated with dignity and empathy. Their vision transcends mere business objectives, acknowledging the importance of their role in improving the lives of those they serve.

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Impact




October, 2024

Wheaton Franciscan Healthcare-Iowa Inc significantly impacts the health and well-being of communities in Northeast Iowa through its network of hospitals, clinics, and health services. With a commitment to delivering high-quality medical care, the organization operates key facilities, including Covenant Medical Center, Mercy Hospital, and Sartori Memorial Hospital, alongside a multitude of outpatient services and specialty clinics.

In 2022 alone, Wheaton Franciscan Healthcare-Iowa provided substantial charity care amounting to over $2.6 million to individuals unable to afford necessary medical services, exemplifying its dedication to community health. The organization also absorbed nearly $13.9 million in unreimbursed costs for public programs, ensuring vulnerable populations receive essential care despite financial constraints.

Community health initiatives are another pillar of its impact, with approximately $2.2 million allocated to programs aimed at improving public health and well-being. This includes offering free clinical and non-clinical services that address various health needs in the region.

Financial contributions and investments in health professions education totaled over $1.6 million, supporting the workforce development necessary for sustaining healthcare excellence in the region. The organization also engages in community building activities to tackle the broader determinants of health, although on a smaller scale.

Overall, Wheaton Franciscan Healthcare-Iowa's commitment to subsidized health services, community health improvement, and educational programs resulted in a total community benefit of over $24 million in 2022. This comprehensive support highlights its vital role in enhancing access to healthcare and fostering healthier communities across Northeast Iowa.




This information is meant to be a general summary of Wheaton Franciscan Healthcare-Iowa Inc. 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.

Revenue
$51,937,487 (2022)
Expenses
$51,937,487 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $51,554,756
  • Gross Receipts: $51,937,487

Assets and Liabilities:

  • Total Assets: $26,721,479
  • Total Liabilities: $1,804,721
  • Net Assets: $24,916,758

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SUPPORT SERVICE TO AFFILIATES

Revenue

$44,207,519

ACCOUNTABLE CARE ORGANIZATION

Revenue

$7,347,237

Organization Details

Founding Year

1982

Principal Officer

Jack Dusenbery

Main Address

3421 West Ninth Street, Waterloo, IA, 507025499

NTEE Category

Code: E210 - Health

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