Mercy Medical Center logo

Mercy Medical Center

CEDAR RAPIDS, IA EIN: 42-0698295 Website

TO CARE FOR THE SICK AND ENHANCE THE HEALTH OF THE COMMUNITIES WE SERVE, GUIDED BY THE SPIRIT OF THE SISTERS OF MERCY.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$728.2M

+1.9% YoY

Annual Giving

$13.5M

-6.8% YoY

Grant Count

15

-16.7% YoY

Avg Grant Size

$902K

+11.8% YoY

About Mercy Medical Center

Based on IRS filings

Mercy Medical Center is a nonprofit organization focused on Health, based in CEDAR RAPIDS, IA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $728.2M in total assets. In 2024, it awarded 15 grants totaling $13.5M. Net investment income was $1.4M.

Focus Areas

Ready to take the next step with Mercy Medical Center?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

CEDAR RAPIDSDES MOINESDUBUQUEHIAWATHAURBANDALE

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$134M$269M$403M$537M20202021202220232024
Metric202420232022
Total Assets$728,179,406$714,937,396$716,000,674
Revenue$478,815,186$435,705,307$418,379,415
Expenses$488,223,931$456,035,429$412,756,686
Qualifying Distributions
Net Investment Income$1,395,215$11,446,110$16,653,110
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$4M$7M$11M$15M13 grants20200 grants202119 grants202218 grants202315 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

MERCY SERVICE CORPORATION$12.7MMERCY HOSPITAL CEDAR RAP…$569KCATHERINE MCAULEY CENTER$35KWAYPOINT$20KCATHOLIC CHARITIES$20KESPECIALLY FOR YOU RACE …$20KMATTHEW 25$20KHORIZONS A FAMILY SERVIC…$20KCEDAR VALLEY HABITAT FOR…$20KFOUNDATION 2$20K

Grant Size Distribution

65 grants across all recorded years

57<$50K$50–100K1$100–250K$250–500K2$500K–1M1$1–5M4$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

CHONG C LEE MDPHYSICIAN$2.0MSHANE A GAILUSHAS MDPHYSICIAN$1.4MSACHIN GOYAL MDPHYSICIAN$1.3MAMANDEEP DHALIWAL MDPHYSICIAN$1.3MBARAKAT ABURAJAB ALT…PHYSICIAN$1.3MTIMOTHY L CHARLESFORMER PRESIDENT & CHIEF EXE…$737KTIMOTHY QUINN MDPRESIDENT & CHIEF EXECUTIVE …$709KNATHAN VAN GENDERENEXECUTIVE VICE PRESIDENT & C…$492KTONY MYERS MDCHIEF MEDICAL OFFICER$429KJEFFREY CASHCHIEF INFORMATION OFFICER$340KNANCY HILLCHIEF TALENT OFFICER$326KMARY BROBSTFORMER CHIEF NURSING OFFICER$322K

From 2024 filing

NameTitleHoursCompensation
TIMOTHY QUINN MDPRESIDENT & CHIEF EXECUTIVE OFFICER40$709,298
JOHN-PAUL BESONGMEMBER BOARD OF TRUSTEES1
LYDIA BROWNMEMBER BOARD OF TRUSTEES1
MICHELE BUSSEMEMBER BOARD OF TRUSTEES1
BOB CATALDOMEMBER BOARD OF TRUSTEES1
CHRIS DEWOLFMEMBER BOARD OF TRUSTEES1
BARRIE ERNSTMEMBER BOARD OF TRUSTEES1
TONY GOLOBICMEMBER BOARD OF TRUSTEES1
SISTER LUANN HANNASCHMEMBER BOARD OF TRUSTEES1
NANCY KASPAREKMEMBER BOARD OF TRUSTEES1
SISTER SHARON KERRIGANMEMBER BOARD OF TRUSTEES1
BARB KNAPPMEMBER BOARD OF TRUSTEES1
SISTER TERRY MALTBYMEMBER BOARD OF TRUSTEES1
CHERYLE MITVALSKYCHAIRMAN1
DARREL MORFVICE CHAIRMAN/TREASURER1
RUE PATELMEMBER BOARD OF TRUSTEES1
FRED PILCHER MDMEMBER BOARD OF TRUSTEES1
MARY QUASSMEMBER BOARD OF TRUSTEES1
JOHN RIFEMEMBER BOARD OF TRUSTEES1
CHARLES ROHDEMEMBER BOARD OF TRUSTEES1
AL RUFFALOMEMBER BOARD OF TRUSTEES1
KYLE SKOGMANMEMBER BOARD OF TRUSTEES1
JOHN SMITHMEMBER BOARD OF TRUSTEES1
SISTER MAURITA SOUKUPSECRETARY1
ANN STROHMEMBER BOARD OF TRUSTEES1
NATHAN VAN GENDERENEXECUTIVE VICE PRESIDENT & CFO/COO40$491,544
NANCY HILLCHIEF TALENT OFFICER40$325,587
JEFFREY CASHCHIEF INFORMATION OFFICER40$340,132
MARY BROBSTFORMER CHIEF NURSING OFFICER40$322,299
TONY MYERS MDCHIEF MEDICAL OFFICER40$429,220
AMANDEEP DHALIWAL MDPHYSICIAN40$1,315,465
SACHIN GOYAL MDPHYSICIAN40$1,332,795
CHONG C LEE MDPHYSICIAN40$1,987,567
BARAKAT ABURAJAB ALTAMIMI MDPHYSICIAN40$1,276,722
SHANE A GAILUSHAS MDPHYSICIAN40$1,370,136
TIMOTHY L CHARLESFORMER PRESIDENT & CHIEF EXECUTIVE OFFICER40$737,385

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

What could you do with Mercy Medical Center on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities