PRIOR TO CLOSURE, MHIC HEALED AND COMFORTED THE SICK AND WORKED TO IMPROVE THE HEALTH OF THE COMMUNITY IN THE SPIRIT OF JESUS CHRIST AND THE CATHOLIC TRADITION OF THE SISTERS OF MERCY.
Key facts about Mhic
- EIN
- 42-0680391
- Latest 990 filing
- Form 990-PF, 2025
- Total assets
- $10,346,344
Data from IRS Form 990-PF, 2025; updated September 2026.
Next steps with Mhic
- How to evaluate Mhic as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
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Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$10.3M
-76.5% YoY
Revenue
$11.3M
-42.8% YoY
Net Investment Income
$63K
-100.1% YoY
Expenses
$4.9M
-96.1% YoY
About Mhic
Based on IRS filings
Mhic is a nonprofit organization focused on Health, based in Iowa City, IA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $10.3M in total assets. Net investment income was $63K.
Focus Areas
Ready to take the next step with Mhic?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $10,346,344 | $43,990,746 | $160,030,077 |
| Revenue | $11,270,597 | $19,700,122 | $164,462,075 |
| Expenses | $4,866,854 | $124,602,433 | $193,174,817 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $63,395 | $-63,344,408 | $-108,897 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2025 (received by the IRS May 15, 2026)
- IRS filings on file for fiscal years 2019–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2025
Grant Size Distribution
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2025.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2025 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Dan Childers | President/Secretary/Treasurer | 1 | — |
| Marc Ross | Financial Advisor to MHLT | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Mhic?
Mhic is a nonprofit organization focused on Health, based in Iowa City, IA. It holds $10.3M in total assets as of 2025.
How large is Mhic?
As of 2025, Mhic holds $10.3M in total assets with $11.3M in annual revenue.
Where does Mhic operate?
Mhic has awarded grants in Iowa.
What is Mhic's EIN?
Mhic's EIN (Employer Identification Number) is 42-0680391. IRS Form 990 filing data is available on this page for 2019–2025.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.