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Filing year 2023

MERCY HEALTH CORPORATION

Rockford, Illinois·EIN 47-2158680·NTEE T30 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$148.2M
Total assets
$1.3B
Total expenses
$6.7M
Reported officers
10
Mission

THE MISSION OF MERCY HEALTH CORPORATION (MHC) IS "EXCEPTIONAL HEALTH CARE SERVICES WITH A PASSION FOR MAKING LIVES BETTER." THE FOUNDATION OF THIS MISSION IS BASED ON A VISION OF QUALITY: EXCELLENCE IN PATIENT CARE; SERVICE: EXCEPTIONAL PATIENT AND CUSTOMER CARE; PARTNERING: BEST PLACE TO WORK; AND COST: COST-EFFECTIVE CARE, ALONG WITH A COMMITMENT TO THE VALUES OF HEALING IN THE BROADEST SENSE, PATIENTS COME FIRST, TREAT EACH OTHER LIKE FAMILY AND ALWAYS SEEK EXCELLENCE.

Executive compensation

Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Illinois.

President/ceo (see Pages 28-33)
Above 90th percentile
$6.8M
$7.5M
Vp/cfo (term 01/2025)
Officer (Unspecified)
$88k
$97k
VP - Revenue Cycle
Vice President
25th percentile to medianvs Philanthropy, Voluntarism & Grantmaking peers nationwide
$61k
$67k
Director/physician
Board Member
Median to 75th percentile
$34k
$37k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 6 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at MERCY HEALTH CORPORATION equaled 100% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
100%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Top compensation, year by year

From $431k in 2022 to $6.8M in 2023.

$431k
2022
$6.8M
2023
In today's dollarsEst.
Up 1411% in real terms$494k to $7.5M

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 1468% from 2022 to 2023, while revenue rose 1611%.

$431k in 2022 to $6.8M in 2023.
  • Vice President pay fell 7% from 2022 to 2023.
  • Board Member pay rose 14% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about MERCY HEALTH CORPORATION

What does the Chief Executive Officer of MERCY HEALTH CORPORATION earn?

In 2023, the Chief Executive Officer of MERCY HEALTH CORPORATION received $6,756,093 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Illinois: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at MERCY HEALTH CORPORATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Illinois, the 2023 pay of the Chief Executive Officer at MERCY HEALTH CORPORATION falls in the top 10%. In 2023, the highest total compensation at MERCY HEALTH CORPORATION equaled 100% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are MERCY HEALTH CORPORATION's revenue and expenses?

In 2023, MERCY HEALTH CORPORATION reported $148.2M in total revenue and $6.7M in total expenses on its IRS Form 990.

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