Mercy Hospital Iowa City Iowa

IOWA CITY, IA EIN: 42-0680391 Website

Mercy Iowa City ("Mercy") heals and comforts the sick and works to improve the health of the community in the spirit of Jesus Christ and the Catholic tradition of the Sisters of Mercy.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$44.0M

-72.5% YoY

Annual Giving

$30K

+150.0% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$30K

+150.0% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$53M$107M$160M$213M201920202021202220232024
Metric202420232022
Total Assets$43,990,746$160,030,077$209,423,313
Revenue$19,700,122$164,462,075$177,018,605
Expenses$124,602,433$193,174,817$193,835,584
Qualifying Distributions
Net Investment Income$-63,344,408$-108,897$4,158,235
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$8K$15K$23K$30K1 grants20192 grants20200 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Mercy Hospital Iowa City…$30K

Grant Size Distribution

6 grants across all recorded years

6<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Mercy Hospital Iowa City Iowa fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Michael HoffmanPhysician$573KAli MohammedPhysician$483KSpas KotevPhysician$474KKatherine IgnacioPhysician$464KLuke BrunkhorstPhysician$457KTom ClancyCEO & Adminnistrator$316KKim VolkVP - Nursing$247KDawna MillerFormer Officer (End 7/22)$122K

From 2024 filing

NameTitleHoursCompensation
Tom ClancyCEO & Adminnistrator40$315,704
Kim VolkVP - Nursing40$246,879
Jim PorterTreasurer41
Lynn WhislerSecretary1
Madeline WindauerVice Chair1
Dr Chris ScottBoard Member (End 1/24)1
Mary WestbrookBoard Member (End 1/24)1
Peter GardnerBoard Member (End 1/24)1
SR Helen Marie BurnsBoard Member (End 1/24)1
SR Linda BechenBoard Member1
SR Rita SpechtBoard Member (End 1/24)1
Steven AndersonBoard Member1
Mark ToneyChief Restructuring Officer40
Michael HoffmanPhysician40$572,630
Ali MohammedPhysician40$483,494
Luke BrunkhorstPhysician40$457,373
Spas KotevPhysician40$474,011
Katherine IgnacioPhysician40$464,006
Dawna MillerFormer Officer (End 7/22)$122,216
Mike TrachtaFormer Officer (End 03/23)
Jeffrey RooneyFormer Officer (End 04/23)

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

States

Cities

Iowa City

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

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