Overview
What is Mercy Health Network Inc?
Mercy Health Network Inc, also known as MercyOne, is a nonprofit organization based in Cedar Rapids, Iowa. It functions as an integrated health care system, overseeing various hospitals and patient care facilities under the sponsorship of CommonSpirit Health and Trinity Health Corporation. MercyOne's mission is to provide comprehensive health care services to the communities of Iowa, enhancing the ability to effectively and efficiently meet their health care needs through a unified system. By unifying the missions of CommonSpirit Health and Trinity Health, MercyOne offers administrative, management, and governance support for several acute care hospitals, ambulatory care facilities, home care, and hospice programs owned and operated by CommonSpirit Health or Trinity Health. MercyOne's primary goal is to deliver a continuum of health care services, transforming the health of the served communities with compassion and healing. Visit MercyOne's website for further details.
Official website here: www.mercyone.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 66% (Two-Star out of Four Stars)
Mercy Health Network Inc has received a Two-Star rating from Charity Navigator, indicating a moderate performance in terms of accountability and finance. The organization showcases a strong commitment to various governance policies, such as conflict of interest and whistleblower policies, earning full points in these areas. However, the absence of independent board members and the missing tax form on their website raise concerns about transparency and governance.
Financially, the nonprofit maintains a program expense ratio of 80.98%, reflecting a focus on direct programmatic activities. However, the liabilities to assets ratio is notably high at 97.33%, suggesting potential financial vulnerability. This may pose a risk to the organization’s sustainability if not addressed adequately.
Overall, while Mercy Health Network Inc demonstrates strengths in governance policies and program spending, its financial structure and lack of independent oversight may limit its effectiveness and credibility in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Mercy Health Network Inc legitimate?
Mercy Health Network Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mercy Health Network 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: $3,949,801
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.mercyone.org
What is the mission statement of Mercy Health Network Inc?
Mercy Health Network Inc, also known as MercyOne, is a unified healthcare organization dedicated to delivering comprehensive health services in a compassionate and healing manner. Rooted in their faith, they serve their communities with fidelity to the Gospel of Jesus Christ. MercyOne's mission is to provide health care system management and support, ensuring the delivery of efficient and effective health care services. By uniting various hospitals, ambulatory care facilities, home care, and hospice programs under one system, MercyOne creates a continuum of health care services that enhances the overall healthcare experience for those it serves. Through this integrated approach, MercyOne strives to improve the health and well-being of the communities they serve. Please visit their website for further information: [www.mercyone.org] (Note: The given URL is included as an example and should not be mentioned in the output.)
Official website here: www.mercyone.org
Who is the CEO of Mercy Health Network Inc?
Robert Ritz is the President And Ceo of Mercy Health Network Inc. The CEO's salary of Mercy Health Network Inc is $1,997,684 and their total compensation is $2,042,755.
Official website here: www.mercyone.org
What is the revenue of Mercy Health Network Inc?
Mercy Health Network Inc's revenue in 2022 was $38,987,227.
Official website here: www.mercyone.org
Who are the executives of Mercy Health Network Inc and what are their salaries?
Here are 16 key members and their salaries (Mercy Health Network Inc's CEO's salary is $1,997,684 and their total compensation is $2,042,755):
- Compensation: $1,997,684
- Related: $0
- Other: $45,071
- Compensation: $0
- Related: $1,286,950
- Other: $39,835
- Compensation: $0
- Related: $1,043,933
- Other: $10,299
- Compensation: $0
- Related: $724,671
- Other: $49,305
- Compensation: $0
- Related: $655,742
- Other: $36,627
- Compensation: $0
- Related: $529,015
- Other: $51,246
- Compensation: $0
- Related: $496,997
- Other: $43,492
- Compensation: $0
- Related: $495,647
- Other: $42,058
- Compensation: $0
- Related: $396,993
- Other: $18,471
- Compensation: $0
- Related: $361,084
- Other: $33,180
- 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
Where can I find the form 990 for Mercy Health Network Inc?
Mercy Health Network Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mercyone.org
Learn more at the official website: www.mercyone.org
Mission Statement of Mercy Health Network Inc
Mercy Health Network Inc, a compassionate and healing ministry, is dedicated to serving communities with fidelity to the Gospel of Jesus Christ. With a mission to provide healthcare system management and support, this organization transforms the health of the communities it serves. Mercy Health Network, sponsored by CommonSpirit Health and Trinity Health Corporation, assumes significant administrative, management, governance, and oversight responsibilities for a network of acute care hospitals, ambulatory care facilities, home care, and hospice programs.
Through the integration of these healthcare providers into a single operating organization, Mercy Health Network creates a unified health care delivery system. This continuum of care enhances the ability to effectively and efficiently meet the diverse health care needs of the community, thus respecting the respective missions of CommonSpirit Health and Trinity Health. Mercy Health Network's unified system offers improved accessibility to essential health services and streamlines coordination between various care providers. As a result, the community receives comprehensive and efficient healthcare services that cater to their unique needs.
Mercy Health Network's commitment to the wellbeing of its communities goes beyond operational efficiency. Its mission to serve with compassion and healing extends to fostering a culture of care that values the intrinsic worth of every individual. By unifying the missions of CommonSpirit Health and Trinity Health, Mercy Health Network creates a powerful force for positive change in the health and wellbeing of the communities it serves. For further information about Mercy Health Network and its impact, please visit their website at www.mercyone.org.
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Impact
October, 2024
Mercy Health Network Inc significantly impacts the delivery of healthcare services in Iowa and surrounding communities through its comprehensive, integrated system known as MercyOne. By unifying a network of member hospitals and care facilities, it enhances the coordination and efficiency of healthcare delivery. This structure allows for improved access to a continuum of care, including acute care hospitals, ambulatory services, home care, and hospice programs.
The organization is dedicated to meeting the health needs of the communities it serves, fostering a holistic approach to healthcare that emphasizes compassion and healing. Through its governance and management capabilities, MercyOne ensures that local healthcare facilities operate effectively, ultimately improving patient outcomes and community wellbeing. The collaborative efforts led by Mercy Health Network facilitate the sharing of resources, best practices, and innovation, all aimed at providing high-quality care and transforming the health landscape in its service areas.
This information is meant to be a general summary of Mercy Health Network 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,078,351
- Program Service Revenue: $37,908,876
- Gross Receipts: $38,987,227
Assets and Liabilities:
- Total Assets: $29,982,290
- Total Liabilities: $15,142,718
- Net Assets: $14,839,572
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT REVENUE
Revenue
$37,908,876
Organization Details
Founding Year
1998
Phone
(515) 358-9200Principal Officer
Robert Ritz
Main Address
1449 NW 128TH STREET BLDG 5 200, CLIVE, IA, 50325
Website
www.mercyone.orgNTEE Category
Code: E21 - Health
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