Mercy Health Network Inc

Public charity · Grantmaker Des Moines, IA EIN: 42-1478417

We, Mercy Health Network and trinity health, serve together in the spirit of the gospel as a compassionate and transforming healing presence within our communities. Mercy Health Network is a member of trinity health.

Key facts about Mercy Health Network Inc

EIN
42-1478417
Latest 990 filing
Form 990, 2025
Total assets
$443,438,732

Data from IRS Form 990, 2025; updated October 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$443.4M

+0.9% YoY

Revenue

$34.6M

+54.3% YoY

Net Investment Income

$173K

-69.4% YoY

Expenses

$37.6M

+13.7% YoY

About Mercy Health Network Inc

Based on IRS filings

Mercy Health Network Inc is a public charity, based in Des Moines, IA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $443.4M in total assets. Net investment income was $173K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

Des MoinesBooneCedar RapidsIowa CityNewtonWest Des Moines

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K1 grant2020 7 grants2021 Total only2022 Total only2023 0 grants2024 0 grants2025

From 2020 to 2023, annual grant giving ranged from $750 (2023) to $108K (2021). In 2023 it reported $750 in grants paid, as a total without an itemized list.

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

7 grants across all recorded years

7<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 7 grants of 7 (100%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$20M$40M$60M2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$443,438,732$439,293,865$459,960,948
Revenue$34,572,359$22,403,427$19,741,697
Expenses$37,640,291$33,101,150$23,659,420
Net Investment Income$172,601$564,275$750,757

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS May 12, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS May 16, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS May 10, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS May 10, 2024)
  5. Added Form 990 for fiscal year 2025 (received by the IRS May 12, 2026)
  6. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Mercy Health Network Inc is led by Robert Ritz, Director, President & CEO since 2023 (on filings since 2020); none of the 20 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Robert Ritz

    Director, President & CEO

    President & CEO → Director, President & CEO, 2023

    On filings since 2020

    48 hrs/week

    $1.3M (2020) → $0 (2025)

  • Jennifer Olson DO

    President Medical Group

    On filings since 2023

    37 hrs/week

    No compensation reported

  • Jordan Voigt

    President Eastern Iowa Division

    President Eastern Iowa → President Eastern Iowa Division, 2025

    On filings since 2024

    15 hrs/week

    No compensation reported

  • Kurt Andersen MD

    President Central Iowa Division

    President Central Iowa → President Central Iowa Division, 2025

    On filings since 2024

    51 hrs/week

    No compensation reported

  • Thomas Clark

    President Western Iowa

    On filings since 2024

    No compensation reported

  • Lillian Dittrick

    President & Population Health Svcs Thr

    New on the 2025 filing

    50 hrs/week

    No compensation reported

  • Linda Ross

    Director, Chair & Trinity Chief Legal Officer

    Director & Chair → Director, Chair & Thc Chief Legal Officer, 2023

    Director, Chair & Thc Chief Legal Officer → Director, Chair & Trinity Chief Legal Officer, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

  • Benjamin Carter

    Director & Trinity Health Executive Vice President COO

    Director → Director & Trinity Health Executive Vice President COO, 2024

    On filings since 2023

    1 hr/week

    No compensation reported

  • Daniel Isacksen Jr.

    Director & Trinity Health Executive Vice President CFO

    Director → Director & Trinity Health Executive Vice President CFO, 2024

    On filings since 2023

    1 hr/week

    No compensation reported

  • Daniel Roth MD

    Director & Trinity Executive Vice President Chief Clinical Officer

    Director → Director & Trinity Executive Vice President Chief Clinical Officer, 2024

    On filings since 2023

    1 hr/week

    No compensation reported

  • Ray Anderson PhD

    Director & Trinity Executive Vice President Chief Strategy Officer

    Director at & Thc Executive Vice President Cso → Director & Trinity Executive Vice President Chief Strategy Officer, 2025

    On filings since 2024

    1 hr/week

    No compensation reported

  • Heather Campbell

    Secretary & Chief Legal Officer

    Secretary → Secretary & Chief Legal Officer, 2021

    On filings since 2020

    40 hrs/week

    No compensation reported

  • Michael Trachta

    Vice President, Rural Hospitals & Regional Ops

    Senior Vice President & Network Affiliates → Vice President & Network Affiliates, 2023

    Vice President & Network Affiliates → Vice President, Rural Hospitals & Regional Ops, 2025

    On filings since 2020

    48 hrs/week

    No compensation reported

  • Michael Wegner

    Former Key Employee

    Executive Vice President, Regional COO & President Central Iowa → Executive Vice President & President Central Iowa, 2024

    Executive Vice President & President Central Iowa → Former Key Employee, 2025

    On filings since 2020

    No compensation reported

  • Hijinio Carreon DO

    Executive Vice President & Chief Clinical Officer

    Executive Vice President & Chief Medical Executive → Executive Vice President, CMO & COO Central Iowa, 2023

    Executive Vice President, CMO & COO Central Iowa → Executive Vice President & Chief Clinical Officer, 2025

    On filings since 2021

    50 hrs/week

    No compensation reported

  • Jodie Roettger

    Former Officer

    Interim CFO & Vice President Finance → Vice President Finance & CFO, 2024

    Vice President Finance & CFO → Former Officer, 2025

    On filings since 2022

    No compensation reported

  • Nathan Hulse

    Former Highest Compensated

    Vice President & Chief Health Informatics → Former Highest Compensated, 2025

    On filings since 2024

    No compensation reported

  • Terri Donovan Paid By Mgmt Co

    Interim Vice President Finance

    On filings since 2024

    40 hrs/week

    No compensation reported

  • Jackie Luecht

    Chief Human Resources Officer

    New on the 2025 filing

    50 hrs/week

    No compensation reported

  • Jesse Tischer

    Chief Transformation & Integ Offcr

    New on the 2025 filing

    50 hrs/week

    No compensation reported

Former officers (16)
  • Former: Janell Pittman (2020–2023) — Chf Mktg & Dig Strategy Offcr Thr
  • Former: Louis Fierens II (2020–2023) — Director & Trinity Executive Vice President Administrator Svcs
  • Former: Mitch Melfi (2020–2023) — Director
  • Former: Jon Timmis (2021–2023) — Director
  • Former: Matthew Brown (2021–2023) — Director
  • Former: David Bittner (2022–2023) — Director & Trinity Senior Vice President
  • Former: Robert Heen (2022–2023) — President Medical Group
  • Former: Kent Carr MD (2020–2022) — Former Highest Compensated Employee
  • Former: Linda Goodwin (2021–2022) — Vice President Clin & Ops Integ
  • Former: Anthony Jones (2020–2021) — Director
  • Former: Cynthia Clemence (2020–2021) — Director
  • Former: Daniel Varnum (2020–2021) — Chief Integration Officer Thr
  • Former: Marcia Smith (2020–2021) — Former Officer
  • Former: Patricia Webb (2020–2021) — Director
  • Former: Kevin Elsberry (2020) — Chief Human Resources Officer
  • Former: Sally Jeffcoat (2020) — Director

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2023 IRS filing

Robert Ritz — Director; President and CEO: $1.1MRobert RitzDirector; President and CEO$1.1M

The highest reported compensation on the 2023 filing was $1.1M, to Robert Ritz (Director; President and CEO).

Frequently asked questions about Mercy Health Network Inc

How large is Mercy Health Network Inc?

Mercy Health Network Inc reported $443.4M in total assets on its 2025 IRS Form 990. Its revenue that year was $34.6M.

Where does Mercy Health Network Inc operate?

Mercy Health Network Inc has awarded grants in Iowa.

What is Mercy Health Network Inc's EIN?

Mercy Health Network Inc's EIN (Employer Identification Number) is 42-1478417. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated October 2026. Sourced from IRS Form 990 filings.

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Mercy Health Network Inc down — hundreds of funders to go?

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