Overview
What is Mercy Medical Center Foundation - North Iowa?
Mercy Medical Center Foundation - North Iowa, established in 1993, functions as a 501(c)(3) nonprofit organization located in Mason City, Iowa. Its primary objective is to bolster the mission of MercyOne North Iowa Medical Center, promoting well-being within the served communities. The foundation generates philanthropic funds through various resources and awards numerous scholarships annually, primarily to nursing and medical students. In fiscal year 2022, the foundation distributed $170,499 in medical scholarships to 79 individuals. By supporting the programs of MercyOne North Iowa Medical Center, the foundation contributes to the healing ministry of the church and serves as a compassionate presence within the community, aligning with the mission of Mercy Health Services-Iowa and Trinity Health.
Official website here: www.mercyone.org/northiowa/giving
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
The Mercy Medical Center Foundation - North Iowa has achieved an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. The organization has received a 100% score in this category, indicating a high level of transparency and responsible financial practices.
Key strengths of the foundation include its governance structure, with a board composed entirely of independent members and a robust audit and oversight committee. The foundation's financial health is also notable, with a program expense ratio of 83.51%, demonstrating that a significant portion of its funds is directed towards its mission-driven programs.
While the data does not highlight any specific limitations, the foundation's excellent scores across various accountability metrics showcase its dedication to ethical management and operational effectiveness. Overall, the Mercy Medical Center Foundation - North Iowa represents a trustworthy nonprofit committed to serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is Mercy Medical Center Foundation - North Iowa legitimate?
Mercy Medical Center Foundation - North Iowa is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mercy Medical Center Foundation - North Iowa 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/northiowa/giving
What is the mission statement of Mercy Medical Center Foundation - North Iowa?
The Mercy Medical Center Foundation in North Iowa, as a part of Mercy Health Services-Iowa and Trinity Health, serves its communities with compassion and transformation, adhering to the spirit of the gospel in healthcare. Established in 1993, the foundation operates as a 501(c)(3) nonprofit organization, generating philanthropic funds and resources to fortify the mission of MercyOne North Iowa Medical Center. This mission involves continuing the healing ministry of the church and promoting the well-being of individuals in the served communities.
The foundation awards various scholarships annually to nursing and medical students. During the fiscal year 2022, it granted $170,499 in medical scholarships to 79 individuals. For more detailed information, visitors can refer to the MercyOne North Iowa Medical Center's giving page at www.mercyone.org/northiowa/giving/.
Official website here: www.mercyone.org/northiowa/giving
Who is the CEO of Mercy Medical Center Foundation - North Iowa?
Josh Guyer is the Executive Director As Of 12/21 of Mercy Medical Center Foundation - North Iowa.
Official website here: www.mercyone.org/northiowa/giving
What is the revenue of Mercy Medical Center Foundation - North Iowa?
Mercy Medical Center Foundation - North Iowa's revenue in 2022 was $825,544.
Official website here: www.mercyone.org/northiowa/giving
Who are the executives of Mercy Medical Center Foundation - North Iowa and what are their salaries?
There 6 volunteers at Mercy Medical Center Foundation - North Iowa.
Here are 10 key members and their salaries:
- Compensation: $0
- Related: $163,750
- Other: $45,168
- Compensation: $0
- Related: $86,374
- Other: $7,699
- Compensation: $0
- Related: $45,000
- 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/northiowa/giving
Where can I find the form 990 for Mercy Medical Center Foundation - North Iowa?
Mercy Medical Center Foundation - North Iowa's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mercyone.org/northiowa/giving
Learn more at the official website: www.mercyone.org/northiowa/giving
Mission Statement of Mercy Medical Center Foundation - North Iowa
Mercy Medical Center Foundation - North Iowa, as a member of Mercy Health Services-Iowa and Trinity Health, serves its communities with compassion and the transformative healing presence of the gospel. Established in 1993 as a 501(c)(3) nonprofit organization, the foundation's primary mission is to generate resources and philanthropic funds, strengthening the mission of MercyOne North Iowa Medical Center. This mission aims to continue the healing ministry of the church and promote the well-being of individuals in the communities served.
Moreover, Mercy Medical Center Foundation - North Iowa plays a significant role in supporting the programs of MercyOne North Iowa Medical Center. One of its most notable contributions is the annual awarding of scholarships to nursing and other medical students. During fiscal year 2022, the foundation granted $170,499 in medical scholarships to 79 individuals. By providing financial assistance to future healthcare professionals, the foundation contributes to the growth and development of the healthcare sector, ultimately benefiting the communities served by MercyOne North Iowa Medical Center.
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Impact
July, 2024
The impact of Mercy Medical Center Foundation - North Iowa is significant in supporting the programs of MercyOne North Iowa Medical Center. The foundation, established in 1993 as a 501(c)(3) organization, plays a crucial role in generating resources and philanthropic funds to strengthen the mission of MercyOne North Iowa Medical Center. By continuing the healing ministry of the Church and promoting the well-being of people in the communities served, the foundation has a direct impact on improving healthcare and overall community wellness.
One notable aspect of the foundation's impact is its support for education through scholarship programs. Annually, the foundation awards several scholarships to nursing and other medical students. In fiscal year 2022, $170,499 in medical scholarships were awarded to 79 individuals, contributing to the development of future healthcare professionals and bolstering the quality of care in the region.
Through its commitment to providing resources, scholarships, and support for MercyOne North Iowa Medical Center, the Mercy Medical Center Foundation - North Iowa is making a tangible difference in the health and well-being of individuals and communities in Mason City, Iowa, and beyond. Visit their website for additional information: www.mercyone.org/northiowa/giving.
This information is meant to be a general summary of Mercy Medical Center Foundation - North Iowa. 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: $550,657
- Gross Receipts: $871,461
Assets and Liabilities:
- Total Assets: $15,693,426
- Total Liabilities: $0
- Net Assets: $15,693,426
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Organization Details
Founding Year
1983
Phone
(641) 428-7740Principal Officer
Josh Guyer
Main Address
1000 4TH STREET SOUTH WEST, MASON CITY, IA, 504012800
NTEE Category
Code: E22I - Health
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