Mercy Health Network Inc logo

Mercy Health Network Inc

DES MOINES, IA EIN: 42-1478417 Website

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.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$439.3M

-4.5% YoY

Revenue

$22.4M

+13.5% YoY

Net Investment Income

$564K

-24.8% YoY

Expenses

$33.1M

+39.9% YoY

About Mercy Health Network Inc

Based on IRS filings

Mercy Health Network Inc is a nonprofit organization, based in DES MOINES, IA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $439.3M in total assets. Net investment income was $564K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

BOONECEDAR RAPIDSDES MOINESIOWA CITYNEWTONWEST DES MOINES

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$11M$21M$32M$43M20202021202220232024
Metric202420232022
Total Assets$439,293,865$459,960,948$29,982,290
Revenue$22,403,427$19,741,697$38,987,227
Expenses$33,101,150$23,659,420$36,220,675
Qualifying Distributions
Net Investment Income$564,275$750,757$1,078,351
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$27K$54K$81K$108K1 grants20207 grants20210 grants20220 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

8 grants across all recorded years

8<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
LINDA ROSSDIR/CHAIR; TRINITY CHIEF LEGAL OFF.1
ROBERT RITZDIRECTOR; PRESIDENT AND CEO50
RAY ANDERSON PHDDIR AT 1/24; THC EVP CSO AS OF 10/231
BENJAMIN CARTERDIRECTOR; TRINITY HEALTH EVP COO1
DANIEL ISACKSEN JRDIRECTOR; TRINITY HEALTH EVP CFO1
DANIEL ROTH MDDIR; TRINITY EVP CHIEF CLINICAL OFF.1
HEATHER CAMPBELLSECRETARY; CHIEF LEGAL OFFICER46
TERRI DONOVAN PAID BY MGMT COINTERIM VP FINANCE AS OF 1/2445
JODIE ROETTGERVP FINANCE AND CFO THROUGH 12/2345
MICHAEL WEGNEREVP, PRES CENTRAL IOWA THROUGH 12/2325
HIJINIO CARREON DOEVP, CMO; COO CENTRAL IOWA25
JENNIFER OLSONPRESIDENT MEDICAL GROUP50
NATHAN HULSEVP, CHIEF HEALTH INFORMATICS50
KURT ANDERSENPRESIDENT CENTRAL IOWA AS OF 1/24
JORDAN VOIGTPRESIDENT EASTERN IOWA AS OF 1/24
THOMAS CLARKPRESIDENT WESTERN IOWA

Related Funders

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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