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Nonprofit · EIN 42-1478417

MERCY HEALTH NETWORK INC

Tax-exempt · DES MOINES, IA 50314

Financials

$19.7M$23.7M2022$22.4M$33.1M2023$34.6M$37.6M2024
Revenue Expenses · by fiscal year end
Financials of MERCY HEALTH NETWORK INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$34,572,359$37,640,291-$3,067,932$443,438,732$437,862,975$5,575,757
June 30, 2024990$22,403,427$33,101,150-$10,697,723$439,293,865$431,123,947$8,169,918
June 30, 2023990$19,741,697$23,659,420-$3,917,723$459,960,948$447,695,322$12,265,626
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$1,200
Program service revenue
$33,557,389
Investment income
$172,601
Net gain from sales of assets
$35,892
Other revenue
$841,169

Expenses

Grants and similar amounts paid
$4,735
Compensation of officers, directors and key employees
$6,671,163
Other salaries and wages
$10,929,907
Salaries, compensation and benefits (total)
$20,778,400
Professional fundraising fees
$0
Legal fees
$1,173,476
Occupancy
$38,480
Travel
$877,090
Depreciation
$9,426
Program services (functional)
$29,777,212
Management and general (functional)
$7,863,079

Balance sheet and other

Total assets, start of year
$439,293,865
Total assets, end of year
$443,438,732
Total liabilities, end of year
$437,862,975
Net assets, end of year
$5,575,757
Land, buildings and equipment
$277,804
Publicly traded securities
$6,271,818
Net assets without donor restrictions
$5,575,757
Gross receipts
$34,572,359
Employees
0
Volunteers
0
Year formed
1998
State of legal domicile
DE

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
BENJAMIN CARTERDIRECTOR; TRINITY HEALTH EVP COO
Trustee or director
1$0$3,436,400$52,582
DANIEL ISACKSEN JRDIRECTOR; TRINITY HEALTH EVP CFO
Trustee or director
1$0$2,378,767$448,380
DANIEL ROTH MDDIR; TRINITY EVP CHIEF CLINICAL OFCR
Trustee or director
1$0$2,439,599$55,387
ROBERT RITZDIRECTOR; PRESIDENT AND CEO
Trustee or director, Officer
48$0$2,416,873$54,140
LINDA ROSSDIR/CHAIR; TRINITY CHIEF LEGAL OFCR
Trustee or director, Officer
1$0$1,964,988$48,692
KURT ANDERSEN MDPRESIDENT CENTRAL IOWA DIVISION
Key employee
51$0$1,685,852$245,442
MICHAEL WEGNERFORMER KEY EMPLOYEE
Former
0$0$1,198,272$455,195
RAY ANDERSON PHDDIR, TRINITY EVP CHIEF STRATEGY OFCR
Trustee or director
1$0$1,326,967$285,343
JORDAN VOIGTPRESIDENT EASTERN IOWA DIVISION
Key employee
15$0$1,202,799$125,994
HIJINIO CARREON DOEVP, CHIEF CLINICAL OFFICER
Key employee
50$0$1,091,878$90,746
THOMAS CLARKPRESIDENT WESTERN IOWA
Highest-paid employee
0$0$848,031$155,119
JENNIFER OLSON DOPRESIDENT MEDICAL GROUP
Key employee
37$0$627,014$120,231
JESSE TISCHERCHIEF TRANSFORMATION AND INTEG OFFCR
Highest-paid employee
50$0$601,996$107,473
HEATHER CAMPBELLSECRETARY; CHIEF LEGAL OFFICER
Officer
40$0$584,069$57,759
MICHAEL TRACHTAVP, RURAL HOSPITALS AND REGIONAL OPS
Highest-paid employee
48$0$555,239$55,265
5 more people on this return
NameTitleHours / weekCompensationFrom related orgsOther / benefits
LILLIAN DITTRICKPRES,POPULATION HEALTH SVCS THR 4/25
Highest-paid employee
50$0$473,082$54,218
JACKIE LUECHTCHIEF HUMAN RESOURCES OFFICER
Highest-paid employee
50$0$452,302$57,948
JODIE ROETTGERFORMER OFFICER
Former
0$0$428,790$30,461
NATHAN HULSEFORMER HIGHEST COMPENSATED
Former
0$0$455,605$2,603
TERRI DONOVAN PAID BY MGMT COINTERIM VICE PRESIDENT FINANCE
Officer
40$0$0$0
990 for the year ended June 30, 2024: 16 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
BENJAMIN CARTERDIRECTOR; TRINITY HEALTH EVP COO
Trustee or director
1$0$2,918,972$80,718
DANIEL ROTH MDDIR; TRINITY EVP CHIEF CLINICAL OFF.
Trustee or director
1$0$1,900,589$373,357
DANIEL ISACKSEN JRDIRECTOR; TRINITY HEALTH EVP CFO
Trustee or director
1$0$1,790,506$368,461
ROBERT RITZDIRECTOR; PRESIDENT AND CEO
Trustee or director, Officer
50$0$2,025,160$78,438
LINDA ROSSDIR/CHAIR; TRINITY CHIEF LEGAL OFF.
Trustee or director, Officer
1$0$1,636,510$74,429
HIJINIO CARREON DOEVP, CMO; COO CENTRAL IOWA
Key employee
25$0$1,015,275$180,790
MICHAEL WEGNEREVP, PRES CENTRAL IOWA THROUGH 12/23
Key employee
25$0$1,018,938$65,930
NATHAN HULSEVP, CHIEF HEALTH INFORMATICS
Highest-paid employee
50$0$588,587$444,058
KURT ANDERSENPRESIDENT CENTRAL IOWA AS OF 1/24
Highest-paid employee
0$0$751,107$151,086
JORDAN VOIGTPRESIDENT EASTERN IOWA AS OF 1/24
Highest-paid employee
0$0$654,700$38,434
JENNIFER OLSONPRESIDENT MEDICAL GROUP
Highest-paid employee
50$0$555,619$134,241
HEATHER CAMPBELLSECRETARY; CHIEF LEGAL OFFICER
Officer
46$0$614,033$63,610
THOMAS CLARKPRESIDENT WESTERN IOWA
Highest-paid employee
0$0$557,324$112,864
JODIE ROETTGERVP FINANCE AND CFO THROUGH 12/23
Officer
45$0$503,397$45,118
RAY ANDERSON PHDDIR AT 1/24; THC EVP CSO AS OF 10/23
Trustee or director
1$0$160,116$32,380
TERRI DONOVAN PAID BY MGMT COINTERIM VP FINANCE AS OF 1/24
Officer
45$0$0$0
990 for the year ended June 30, 2023: 18 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
BENJAMIN CARTERDIR AS OF 2/23; TRINITY HEALTH COO
Trustee or director
1$0$2,758,940$98,795
DANIEL ROTH MDDIR AS OF 3/23; THC CHIEF CLIN OFCR
Trustee or director
1$0$1,777,403$344,202
ROBERT RITZDIRECTOR; PRESIDENT AND CEO
Trustee or director, Officer
50$1,096,528$827,163$64,471
DANIEL ISACKSEN JRDIRECTOR AS OF 3/23; TRINITY EVP CFO
Trustee or director
1$0$1,621,848$328,490
LINDA ROSSDIR/CHAIR; THC CHIEF LEGAL OFFICER
Trustee or director, Officer
1$0$1,562,613$93,280
LOUIS FIERENS IIDIRECTOR & TRINITY EVP ADMIN SVCS
Trustee or director
1$0$1,418,193$70,565
MICHAEL WEGNEREVP, REGIONAL COO; PRES CENTRAL IOWA
Key employee
50$0$1,287,604$41,869
ROBERT HEENPRESIDENT MEDICAL GROUP THROUGH 9/22
Highest-paid employee
50$0$955,191$43,714
HIJINIO CARREON DOEVP, CMO; COO CENTRAL IOWA
Highest-paid employee
25$0$928,510$50,450
DAVID BITTNERDIRECTOR & TRINITY SVP THROUGH 6/23
Trustee or director
1$0$912,749$56,684
HEATHER CAMPBELLSECRETARY; CHIEF LEGAL OFFICER
Officer
46$0$536,062$49,441
MICHAEL TRACHTAVP, NETWORK AFFILIATES
Highest-paid employee
50$0$531,275$47,524
JENNIFER OLSONPRESIDENT MEDICAL GROUP AS OF 9/22
Highest-paid employee
50$0$451,195$42,350
JODIE ROETTGERINTERIM CFO; VP FINANCE
Key employee
49$0$420,583$32,494
JANELL PITTMANCHF MKTG/DIG STRATEGY OFFCR THR 6/23
Highest-paid employee
50$0$392,460$20,128
MITCH MELFIDIRECTOR THROUGH 2/23
Trustee or director
1$0$0$0
MATTHEW BROWNDIRECTOR THROUGH 2/23
Trustee or director
1$0$0$0
JON TIMMISDIRECTOR THROUGH 2/23
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
411 LAUREL STREET 200, DES MOINES, IA 50314-3017
In care of
% THOMAS REITINGER
Principal officer (990 for 2024)
MICHAEL TAYLOR, 411 LAUREL STREET 200, DES MOINES, IA 50314
Signed the 990
TERRI DONOVAN, INTERIM VP FINANCE AND CFO
Phone
(515) 358-9200

Mission

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.

990 for the year ended June 30, 2025

Program accomplishments

  • MERCY HEALTH NETWORK (MERCYONE) IS AN INTEGRATED SYSTEM OF MEMBER HOSPITALS AND OTHER HEALTH AND PATIENT CARE FACILITIES-UNITED INTO ONE OPERATING ORGANIZATION TO IMPROVE THE DELIVERY OF HEALTH CARE SERVICES TO THE PEOPLE OF IOWA AND SURROUNDING COMMUNITIES. MERCYONE PROVIDES SIGNIFICANT ADMINISTRATIVE, MANAGEMENT, GOVERNANCE AND OVERSIGHT RESPONSIBILITIES FOR THE OVERALL ACTIVITIES AND OPERATIONS OF MANY ACUTE CARE HOSPITALS, AMBULATORY CARE FACILITIES, HOME CARE AND HOSPICE PROGRAMS PRESENTLY OWNED AND OPERATED BY TRINITY HEALTH.THE MERCYONE SYSTEM FUNCTIONS AS AN INTEGRATED HEALTH CARE DELIVERY SYSTEM (IN THE BROAD SENSE) BY ESTABLISHING A SINGLE SYSTEM THAT PROVIDES A CONTINUUM OF HEALTH CARE SERVICES PREVIOUSLY PROVIDED THROUGH SEPARATE PROVIDERS. THROUGH THIS SINGLE SYSTEM, THE MEMBER ORGANIZATIONS ARE UNIFIED AND THE ABILITY TO EFFECTIVELY AND EFFICIENTLY MEET THE HEALTH CARE NEEDS OF THE COMMUNITY SERVED BY THE MERCYONE SYSTEM ARE ENHANCED.PLEASE VISIT OUR WEBSITE FOR ADDITIONAL INFORMATION: WWW.MERCYONE.ORG
    Expenses $29,777,212 · grants $4,735 · revenue $34,398,558

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
42-1478417
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Hospital or medical research organization
Exempt since
1946
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$443,438,732
Income (IRS master file)
$34,572,359

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$34,572,359$37,640,291$443,438,732IRS
990June 2024$22,403,427$33,101,150$439,293,865IRS
990June 2023$19,741,697$23,659,420$459,960,948XML
990June 2022$38,987,227$36,220,675$29,982,290IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 42-1478417).

Questions about MERCY HEALTH NETWORK INC

What is the EIN of MERCY HEALTH NETWORK INC?
The employer identification number (EIN) of MERCY HEALTH NETWORK INC is 42-1478417.
Is MERCY HEALTH NETWORK INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1946.
Which annual return does MERCY HEALTH NETWORK INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MERCY HEALTH NETWORK INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MERCY HEALTH NETWORK INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of MERCY HEALTH NETWORK INC?
The 990 for the year ended June 30, 2025 names MICHAEL TAYLOR.
Who are the officers and directors of MERCY HEALTH NETWORK INC?
The 990 for the year ended June 30, 2025 lists 20 people; 0 received compensation from the organization.
How much revenue does MERCY HEALTH NETWORK INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $34,572,359, expenses of $37,640,291 and total assets of $443,438,732 at year end.

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