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Filing year 2023

MERCY HEALTH NETWORK INC

Des Moines, Iowa·EIN 42-1478417·3
Total revenue
$22.4M
Total assets
$439.3M
Total expenses
$33.1M
Reported officers
16
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.

Executive compensation

Form 990 · Schedule J · 15 reported individuals · Filing year 2023

Vp, Chief Health Informatics
vice president
$444k
$491k
Dir; Trinity EVP Chief Clinical Off.
executive vice president
$373k
$412k
Director; Trinity Health EVP CFO
$368k
$407k
Evp, Cmo; COO Central Iowa
$181k
$200k
President Central Iowa As of 1/24
highest compensated employee
$151k
$167k
President Medical Group
highest compensated employee
$134k
$148k
President Western Iowa
highest compensated employee
$113k
$125k
Director; Trinity Health EVP COO
$81k
$89k
Director; President and CEO
$78k
$87k
Dir/chair; Trinity Chief Legal Off.
officer (unspecified)
$74k
$82k
Evp, Pres Central Iowa Through 12/23
executive vice president
$66k
$73k
Secretary; Chief Legal Officer
secretary (operational)
$64k
$70k
VP Finance and CFO Through 12/23
$45k
$50k
President Eastern Iowa As of 1/24
highest compensated employee
$38k
$42k
Dir at 1/24; Thc EVP CSO As of 10/23
executive vice president
$32k
$36k

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 1 unpaid individual.

Down 62%
from 2022

From $1.2M in 2022 to $444k in 2023.

$1.2M
2022
$444k
2023
In today's dollarsEst.
Down 63% in real terms$1.3M to $491k

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.

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

Revenue and expenses over time

MERCY HEALTH NETWORK INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$19.7M
$23.7M
2022
$22.4M
$33.1M
2023
Total revenue and total expenses from IRS Form 990 filings.
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