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
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
65 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Mercy Service Corporation ($12,720,000), Mercy Hospital Cedar Rapids Ia Endowment Foundation ($569,400), Catherine Mcauley Center ($35,000).
| Recipient | Purpose | Amount |
|---|---|---|
| MERCY SERVICE CORPORATION CEDAR RAPIDS, IA | FOR USE IN CONTINUING OPERATIONS | $12,720,000 |
| MERCY HOSPITAL CEDAR RAPIDS IA ENDOWMENT FOUNDATION CEDAR RAPIDS, IA | FOR USE IN CONTINUING OPERATIONS | $569,400 |
| CATHERINE MCAULEY CENTER CEDAR RAPIDS, IA | GENERAL SUPPORT | $35,000 |
| WAYPOINT CEDAR RAPIDS, IA | GENERAL SUPPORT | $20,000 |
| CATHOLIC CHARITIES DUBUQUE, IA | GENERAL SUPPORT | $20,000 |
| ESPECIALLY FOR YOU RACE AGAINST BREAST CANCER CEDAR RAPIDS, IA | GENERAL SUPPORT | $20,000 |
| MATTHEW 25 CEDAR RAPIDS, IA | GENERAL SUPPORT | $20,000 |
| HORIZONS A FAMILY SERVICE ALLIANCE CEDAR RAPIDS, IA | GENERAL SUPPORT | $20,000 |
| CEDAR VALLEY HABITAT FOR HUMANITY CEDAR RAPIDS, IA | GENERAL SUPPORT | $20,000 |
| FOUNDATION 2 CEDAR RAPIDS, IA | GENERAL SUPPORT | $20,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TIMOTHY QUINN MD | PRESIDENT & CHIEF EXECUTIVE OFFICER | 40 | $709,298 |
| JOHN-PAUL BESONG | MEMBER BOARD OF TRUSTEES | 1 | — |
| LYDIA BROWN | MEMBER BOARD OF TRUSTEES | 1 | — |
| MICHELE BUSSE | MEMBER BOARD OF TRUSTEES | 1 | — |
| BOB CATALDO | MEMBER BOARD OF TRUSTEES | 1 | — |
| CHRIS DEWOLF | MEMBER BOARD OF TRUSTEES | 1 | — |
| BARRIE ERNST | MEMBER BOARD OF TRUSTEES | 1 | — |
| TONY GOLOBIC | MEMBER BOARD OF TRUSTEES | 1 | — |
| SISTER LUANN HANNASCH | MEMBER BOARD OF TRUSTEES | 1 | — |
| NANCY KASPAREK | MEMBER BOARD OF TRUSTEES | 1 | — |
| SISTER SHARON KERRIGAN | MEMBER BOARD OF TRUSTEES | 1 | — |
| BARB KNAPP | MEMBER BOARD OF TRUSTEES | 1 | — |
| SISTER TERRY MALTBY | MEMBER BOARD OF TRUSTEES | 1 | — |
| CHERYLE MITVALSKY | CHAIRMAN | 1 | — |
| DARREL MORF | VICE CHAIRMAN/TREASURER | 1 | — |
| RUE PATEL | MEMBER BOARD OF TRUSTEES | 1 | — |
| FRED PILCHER MD | MEMBER BOARD OF TRUSTEES | 1 | — |
| MARY QUASS | MEMBER BOARD OF TRUSTEES | 1 | — |
| JOHN RIFE | MEMBER BOARD OF TRUSTEES | 1 | — |
| CHARLES ROHDE | MEMBER BOARD OF TRUSTEES | 1 | — |
| AL RUFFALO | MEMBER BOARD OF TRUSTEES | 1 | — |
| KYLE SKOGMAN | MEMBER BOARD OF TRUSTEES | 1 | — |
| JOHN SMITH | MEMBER BOARD OF TRUSTEES | 1 | — |
| SISTER MAURITA SOUKUP | SECRETARY | 1 | — |
| ANN STROH | MEMBER BOARD OF TRUSTEES | 1 | — |
| NATHAN VAN GENDEREN | EXECUTIVE VICE PRESIDENT & CFO/COO | 40 | $491,544 |
| NANCY HILL | CHIEF TALENT OFFICER | 40 | $325,587 |
| JEFFREY CASH | CHIEF INFORMATION OFFICER | 40 | $340,132 |
| MARY BROBST | FORMER CHIEF NURSING OFFICER | 40 | $322,299 |
| TONY MYERS MD | CHIEF MEDICAL OFFICER | 40 | $429,220 |
| AMANDEEP DHALIWAL MD | PHYSICIAN | 40 | $1,315,465 |
| SACHIN GOYAL MD | PHYSICIAN | 40 | $1,332,795 |
| CHONG C LEE MD | PHYSICIAN | 40 | $1,987,567 |
| BARAKAT ABURAJAB ALTAMIMI MD | PHYSICIAN | 40 | $1,276,722 |
| SHANE A GAILUSHAS MD | PHYSICIAN | 40 | $1,370,136 |
| TIMOTHY L CHARLES | FORMER PRESIDENT & CHIEF EXECUTIVE OFFICER | 40 | $737,385 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Mercy Medical Center?
Mercy Medical Center is a nonprofit organization focused on Health, based in CEDAR RAPIDS, IA. It holds $728.2M in total assets as of 2024.
How large is Mercy Medical Center?
As of 2024, Mercy Medical Center holds $728.2M in total assets with $478.8M in annual revenue. It awarded 15 grants totaling $13.5M in 2024.
Where does Mercy Medical Center operate?
Mercy Medical Center has awarded grants in Iowa.
What size grants does Mercy Medical Center award?
In 2024, Mercy Medical Center awarded 15 grants totaling $13.5M — an average of about $902K per grant, based on its IRS Form 990 filings.
What is Mercy Medical Center's EIN?
Mercy Medical Center's EIN (Employer Identification Number) is 42-0698295. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Mercy Medical Center's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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