Mercy Health System Corporation
80% goes to programs $0 to raise $100 Strong reserves
Mercy Health System Corporation is a 501(c)(3) organization based in Janesville, Wisconsin, registered in 1972, with $723,060,516 in FY2023 revenue. CharityIndex grades it A, and it directs about 80% of spending to programs.
1000 Mineral Point Ave, Janesville, WI, 53548 EIN 39-0816848 Since 1972
Revenue (FY2023)
$723.1M
▲ 5.4% vs prior year
Health median: $840K
Expenses (FY2023)
$669.6M
Net assets
$553.8M
Employees
4,678
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
B+Program efficiency40% of the rating80% 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 Health System Corporation: 80% to programs · $0 to raise $100 earns a B+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating10 mo reserves · +7% 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 Health System Corporation: 10 mo reserves · +7% margin earns a A 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 Health System Corporation: 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 Health System Corporation: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To improve and protect the health and welfare of the community in accordance with our mission, the mission of mercy health system corporation is "exceptional health care services with a passion for making lives better." the foundation of this mission is based on a vision of quality: excellence in patient care; service: exceptional patient and customer care; partnering: best place to work; and cost: cost-effective care, along with a commitment to the values of healing in the broadest sense, patients come first, treat each other like family and always seek excellence.
Contact & location
- Address
- 1000 Mineral Point Ave, Janesville, WI, 53548
- City
- Janesville
- State
- Wisconsin
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $519.2M (FY2013) to $723.1M (FY2023) across 6 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $382.2MNet assets $553.8M
Operating margin
7.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$936.0M
Total liabilities
$382.2M
Net assets
$553.8M
Salaries & benefits
$377.8M
56% of expenses
Board members
8
6 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $723,060,516▲5.4% | $669,619,770▲6.9% | $553,843,007▲10.7% | $936,012,324▲7.5% | 990 |
| 2022 | $685,918,513▲4.3% | $626,620,672▲2.5% | $500,402,261▲13.8% | $870,399,620▲7.7% | 990 |
| 2021 | $657,550,084▼7.3% | $611,346,497▼2.5% | $439,833,492▲10.0% | $808,356,005▲4.1% | 990 |
| 2020 | $709,321,599▲31.7% | $627,096,091▲20.2% | $399,956,157▲93.7% | $776,760,147▲50.6% | 990 |
| 2014 | $538,451,267▲3.7% | $521,757,724▲3.5% | $206,455,716▲6.2% | $515,850,817▲3.7% | 990 |
| 2013 | $519,172,459 | $504,108,533▲7.2% | $194,473,905▲25.3% | $497,525,602▲8.0% | 990 |
| 2012 | — | $470,196,800▲5.2% | $155,180,281▲15.7% | $460,754,384▲1.6% | 990 |
| 2011 | — | $447,077,717▲4.6% | $134,069,515▼0.9% | $453,287,213▲16.9% | 990 |
| 2010 | — | $427,577,580▲5.6% | $135,273,719▲36.4% | $387,688,494▲13.1% | 990 |
| 2009 | — | $404,719,371 | $99,157,429 | $342,696,939 | 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)
Highest-paid: Javon R Bea — $16,001,686 (2.39% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Javon R Bea | President/ceo (see Pages 74-80) | 60 | $16,001,686 |
| Shahid Shekhani | Physician | 40 | $2,485,832 |
| David Nelsen | Physician | 40 | $1,511,329 |
| Imdad Ahmed | Physician | 30 | $1,483,423 |
| Manisha Gharia | Physician | 32 | $1,339,347 |
| Craig Lyon | Physician | 40 | $1,205,134 |
| Todd Anderson | Vp/cfo (term Term 01/2025) | 55 | $890,535 |
| Kimberly Scaccia | Vp - Revenue Cycle | 55 | $545,085 |
| Joanna Benning | Vice-president | 55 | $541,630 |
| Alen Brcic | Vice-president (term 02/2024) | 55 | $486,302 |
| Mark L Goelzer Md | Director/physician | 55 | $481,051 |
| Kara Sankey | Vice-president | 55 | $464,898 |
| Jennifer Hallatt | Vice-president | 55 | $455,216 |
| Aliakbar Abdulla Olia | Vice-president | 55 | $446,908 |
| E Patrick Cranley | Vice-president | 55 | $443,138 |
| Amy Whitaker | Vice-president | 55 | $384,272 |
| Ladd Udy | Vice-president | 55 | $291,010 |
| Tyler Killpack | Vice-president (eff. 08/2023) | 55 | $209,599 |
| Bradley Olson | Vice-president (eff. 10/2023) | 55 | $89,626 |
| Rowland J Mcclellan | Chair & Director | 1 | $23,157 |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Caliber Healthcare Solutions LLC | Physician Purchased Labor Services | $1,305,293 |
| American Medical Imaging LLC | Healthcare Technology Services | $898,416 |
| Prn Health Services LLC | Healthcare Purchased Labor Services | $701,886 |
| Encore One LLC | Janitorial Services | $539,110 |
| Trustaff | Purchased Labor/staffing | $439,867 |
Grants received · $16K total
1 grant to Mercy Health System Corporation totaling $16K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Patient Access Network Foundation | Patient assistance | 2015 | $15,809 |
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Frequently asked questions
- Is Mercy Health System Corporation a legitimate nonprofit?
- Yes. Mercy Health System Corporation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 39-0816848, based in Janesville, Wisconsin. Donations are tax-deductible.
- What is Mercy Health System Corporation's EIN?
- Mercy Health System Corporation's Employer Identification Number (EIN) is 39-0816848.
- How much revenue does Mercy Health System Corporation report?
- Mercy Health System Corporation reported $723,060,516 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Mercy Health System Corporation's spending goes to programs?
- Mercy Health System Corporation spends about 80% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Mercy Health System Corporation have?
- CharityIndex grades Mercy Health System Corporation A, based on program efficiency and fundraising cost.
- How much does Mercy Health System Corporation's highest-paid employee make?
- The highest reported compensation on Mercy Health System Corporation's latest Form 990 is $16,001,686, paid to Javon R Bea (President/ceo (see Pages 74-80)).
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Data for Mercy Health System Corporation (EIN 39-0816848) 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.