Mercy Health Network Inc
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.
Mercy Health Network Inc at a glance
- Total assets
- $443,438,732
- +0.9% vs 2024
- Revenue (2025)
- $34,572,359
- +54.3% vs 2024
- Net investment income (2025)
- $172,601
- -69.4% vs 2024
- Expenses (2025)
- $37,640,291
- +13.7% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated October 2026.
Who Mercy Health Network Inc funds
How this funder distributes its grants
Grant Size Distribution
7 grants across all recorded years
The most common grant size was under $50K: 7 grants of 7 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
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.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Iowa Catholic Radio Foundation West Des Moines, IA | Sponsorship | $30,000 |
| Iowa State Fair Foundation Des Moines, IA | Sponsorship | $20,000 |
| Strategic America - Ragbrai Des Moines, IA | Ragbrai Sponsorship | $18,000 |
| Mercy Medical Center Foundation Cedar Rapids, IA | Community Support | $10,000 |
| Mercyone Medical Center - Newton Newton, IA | Community Support | $10,000 |
| Cornell Institute for Healthy Futures Boone, IA | Community Support | $10,000 |
| Starts Right Here Des Moines, IA | Community Support | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $443,438,732 | $34,572,359 | $37,640,291 | — | — | $172,601 |
| 2024 | $439,293,865 | $22,403,427 | $33,101,150 | — | — | $564,275 |
| 2023 | $459,960,948 | $19,741,697 | $23,659,420 | $750 | Total only | $750,757 |
| 2022 | $29,982,290 | $38,987,227 | $36,220,675 | $29,000 | Total only | $1,078,351 |
| 2021 | $29,567,569 | $25,434,292 | $27,172,585 | $108,000 | 7 | $1,268,898 |
| 2020 | $24,121,850 | $27,194,954 | $27,177,428 | $7,500 | 1 | $258,602 |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
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.
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
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.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS May 12, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS May 16, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS May 10, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 10, 2024)
- Added Form 990 for fiscal year 2025 (received by the IRS May 12, 2026)
- IRS filings on file for fiscal years 2020–2024
Other open foundation grants in Iowa
Iowa Open opportunities, soonest deadline first.
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Browse active grant opportunities in Mercy Health Network Inc's focus areas in our free grants database
Similar Funders
Similar funders in Iowa
Community Fdn of Greater Des Moines F/K/a Greater Des Moines Community Fdn
Des Moines, IA
The Community Foundation of Greater Des Moines supports projects that improve quality of life in Greater Des Moines, including housing and transportation access, health, economic opportunity, inclusive communities, and nonprofit capacity-building. Its 2024 itemized grants had a median of about $12,900, though awards ranged from roughly $5,000 to $7.34 million.
Assets
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Grants
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Total Given
$55.7M
Pella Rolscreen Foundation
Pella, IA
The Pella Rolscreen Foundation supports charitable organizations working in education and community betterment, including civic, cultural, social, and physical-environment programs in communities where Pella Corporation employees live. Large grants generally range from $10,000 to $50,000 and typically cover no more than 25% of project costs; its 2024 grants had a median of $1,029. It accepts unsolicited requests from eligible 501(c)(3) nonprofits and government entities in communities where Pella has manufacturing plants.
Assets
$22.4M
Grants
433
Total Given
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Prairie Meadows Race Track and Casino Inc
Altoona, IA
Prairie Meadows supports Iowa nonprofits in arts and culture, education, economic development, human services, and youth sports and recreation; Legacy grants focus on large-scale projects in central Iowa. Its programs offer $100–$1 million for Legacy, $100–$99,999 for Community Betterment, and $1,000–$50,000 for Youth Sports and Recreation. It accepts applications through its online system; the 2026 deadline was February 27, 2026, and has passed.
Assets
$327.6M
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Total Given
$33.0M
Iowa Health Care Association Foundation
West Des Moines, IA
The Iowa Health Care Association Foundation funds scholarships and career-education resources for employees of member long-term-care organizations and Iowa high school students pursuing long-term-care careers. Its typical giving level varies: it awarded 287 grants totaling about $4.1 million in 2024, and the listed high school scholarship is $2,000. Its programs focus on Iowa; the profile does not state whether it accepts unsolicited requests.
Assets
$329K
Grants
287
Total Given
$4.1M
New Charitable Foundation
Fort Dodge, IA
Assets
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Grants
264
Total Given
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Quad Cities Community Foundation
Bettendorf, IA
Quad Cities Community Foundation funds nonprofit operations and programs across areas including education, health, arts and culture, community development, youth, and the environment, primarily in Rock Island County, Illinois, and Scott County, Iowa, with some service to surrounding counties. Its 2024 grants had a median of $15,000; its Operations and Programs Grants program lists requests of $5,000–$20,000.
Assets
$209.7M
Grants
263
Total Given
$7.5M
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Mercy Health Network Inc down — hundreds of funders to go?