Mercy Clinics Inc
89% goes to programs $0 to raise $100 Thin reserves
Mercy Clinics Inc is a 501(c)(3) organization based in Des Moines, Iowa, registered in 1946, with $203,262,742 in FY2023 revenue. CharityIndex grades it C+, and it directs about 89% of spending to programs.
1111 6th Avenue, Des Moines, IA, 50314 EIN 42-1193699 Since 1946
Revenue (FY2023)
$203.3M
▲ 5.1% vs prior year
Health median: $840K
Expenses (FY2023)
$252.3M
Net assets
-$89.7M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
C+Program efficiency40% of the rating89% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Mercy Clinics Inc: 89% to programs · $0 to raise $100 earns a C+ on this criterion. See the exact thresholds →
DFinancial health25% of the rating0 mo reserves · -24% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Mercy Clinics Inc: 0 mo reserves · -24% margin earns a D on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Mercy Clinics Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Mercy Clinics Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To provide health care services
Contact & location
- Address
- 1111 6th Avenue, Des Moines, IA, 50314
- City
- Des Moines
- State
- Iowa
- Category
- Health Care
- Subcategory
- Clinics & Primary Care
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $247.5M (FY2013) to $203.3M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $364.8MNet assets -$89.7M
Operating margin
-24.1%
Spent more than it raised in the latest fiscal year.
Total assets
$275.0M
Total liabilities
$364.8M
Net assets
-$89.7M
Salaries & benefits
$173.1M
69% of expenses
Board members
17
11 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $203,262,742▲5.1% | $252,340,060▲3.0% | -$89,724,531▼125% | $275,047,181▲242% | 990 |
| 2022 | $193,477,373▼21.2% | $244,910,625▲1.9% | -$39,943,267▼261% | $80,513,353▼30.5% | 990 |
| 2021 | $245,472,581▲7.3% | $240,377,612▼0.3% | $24,769,478▲25.9% | $115,805,157▼4.4% | 990 |
| 2020 | $228,858,488▼1.7% | $241,045,812▲1.9% | $19,674,509▼31.0% | $121,182,603▲9.8% | 990 |
| 2019 | $232,748,340▲6.8% | $236,580,812▲3.7% | $28,501,197▼15.5% | $110,365,970▲121% | 990 |
| 2018 | $217,889,440▼3.0% | $228,130,860▲1.5% | $33,711,423▼23.3% | $50,003,883▼8.2% | 990 |
| 2017 | $224,634,081▼0.1% | $224,827,526▲1.1% | $43,952,843▼0.4% | $54,450,648▼4.4% | 990 |
| 2016 | $224,750,811▲2.1% | $222,398,045▼1.3% | $44,146,288▲5.4% | $56,954,497▼4.0% | 990 |
| 2015 | $220,106,761▼7.2% | $225,328,258▼6.0% | $41,865,743▼11.1% | $59,300,078▼14.3% | 990 |
| 2014 | $237,195,450▼4.2% | $239,604,838▲21.4% | $47,087,240▼4.9% | $69,167,826▼1.8% | 990 |
| 2013 | $247,501,344 | $197,337,556▲30.1% | $49,496,628▲7519% | $70,419,125▲323% | 990 |
| 2012 | — | $151,661,846▲0.5% | -$667,160▼121% | $16,658,578▼11.1% | 990 |
| 2011 | — | $150,951,370▲0.7% | $3,194,723▲1521% | $18,740,249▲12.1% | 990 |
| 2010 | — | $149,920,298▲13.8% | $197,084▼91.1% | $16,716,681▲3.3% | 990 |
| 2009 | — | $131,730,939 | $2,213,931 | $16,176,939 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Adam Gliniewicz Md | Radiation Oncologist | 50 | — |
| Brenda Cushing | Director | 1 | — |
| Brian Johnson | Director | 1 | — |
| Christopher Nelson Phd | Director | 1 | — |
| Emily Abbas | Director | 1 | — |
| Erin Netteland-sandvig Do | Director; Physician Family Medicine | 49 | — |
| Esmiralda Henderson Md | Neurosurgeon | 50 | — |
| George Voynov Md | Radiation Oncologist | 50 | — |
| Glen Hall | Director; Secretary | 1 | — |
| Jennifer Olson Do | President, Mercy Clinics | 49 | — |
| Jodie Roettger | Vp Fin & Cfo Mercyone Ia 7/23-12/23 | 1 | — |
| Kurt Andersen | Dir& Int Pres Mercyone Ia As of 1/24 | 1 | — |
| Maurita Soukup Rsm | Director | 1 | — |
| Michael Fraizer Md | Director; Cardiologist | 1 | — |
| Michael Wegner | Dir&pres Mercyone Ctrl Ia Thr 12/23 | 1 | — |
| Monica Friedman | Director; Chair | 1 | — |
| Neil Horning Md | Director;pulmonologist Critical Care | 49 | — |
| Patricia Mcdermott | Director | 1 | — |
| Philip Colletier Md | Radiation Oncologist | 50 | — |
| Randall Rubin | Former Officer; Svp, Cfo Thr 6/23 | 0 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Ahsa American Healthcare Services Assoc | Temporary Medical Staffing | $788,986 |
| Weatherby Locums Inc | Temporary Medical Staffing | $636,276 |
| Allscripts Healthcare LLC | Maintenance Services(software) | $630,651 |
| Ccs Capturis LLC | It Services | $332,358 |
| Diagnostic Imaging Associates PC | Health Care Services | $254,520 |
Grants received · $374.6M total
9 grants to Mercy Clinics Inc totaling $374.6M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Catholic Health Initiatives-iowa Corp | Program support | 2022 | $14,400,400 |
| Catholic Health Initiatives-iowa Corp | Program support | 2021 | $62,200,050 |
| Catholic Health Initiatives-iowa Corp | Program support | 2020 | $49,945,182 |
| Catholic Health Initiatives-iowa Corp | Program support | 2019 | $61,999,272 |
| Catholic Health Initiatives-iowa Corp | Program support | 2018 | $47,500,336 |
| Catholic Health Initiatives-iowa Corp | Program support | 2017 | $50,775,810 |
| Catholic Health Initiatives-iowa Corp | Program support | 2016 | $46,570,696 |
| Catholic Health Initiatives-iowa Corp | Program support | 2015 | $36,096,191 |
| Catholic Health Initiatives-iowa Corp | Program support | 2014 | $5,094,385 |
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Compare Mercy Clinics Inc
Frequently asked questions
- Is Mercy Clinics Inc a legitimate nonprofit?
- Yes. Mercy Clinics Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 42-1193699, based in Des Moines, Iowa. Donations are tax-deductible.
- What is Mercy Clinics Inc's EIN?
- Mercy Clinics Inc's Employer Identification Number (EIN) is 42-1193699.
- How much revenue does Mercy Clinics Inc report?
- Mercy Clinics Inc reported $203,262,742 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Mercy Clinics Inc's spending goes to programs?
- Mercy Clinics Inc spends about 89% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Mercy Clinics Inc have?
- CharityIndex grades Mercy Clinics Inc C+, based on program efficiency and fundraising cost.
- How much does Mercy Clinics Inc's highest-paid employee make?
- The highest reported compensation on Mercy Clinics Inc's latest Form 990 is $0, paid to Adam Gliniewicz Md (Radiation Oncologist).
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Data for Mercy Clinics Inc (EIN 42-1193699) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.