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Filing year 2023

MERCY HEALTH SYSTEM CORPORATION

Janesville, Wisconsin·EIN 39-0816848·NTEE E220 · Health Care·501(c)(3)
Total revenue
$723.1M
Total assets
$936M
Total expenses
$669.6M
Reported officers
25
Mission

THE MISSION OF MERCY HEALTH SYSTEM CORPORATION (MHSC) 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, broken down

Form 990 · Part VII & Schedule J · 25 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Health Care organizations in Wisconsin.

President/ceo (see Pages 74-80)
Above 90th percentile
$22.8M
$25.1M
Base
$1.8M
Bonus
Other
$14.2M
Benefits
$18k
Physician
Highest Compensated Employee
Above 90th percentile
$2.5M
$2.8M
Base
$293k
Bonus
$2.2M
Other
$29k
Benefits
$24k
Physician
Highest Compensated Employee
Above 90th percentile
$1.6M
$1.7M
Base
$689k
Bonus
$800k
Other
$23k
Benefits
$40k
Physician
Highest Compensated Employee
Above 90th percentile
$1.5M
$1.7M
Base
$590k
Bonus
$871k
Other
$22k
Benefits
$36k
Physician
Highest Compensated Employee
Above 90th percentile
$1.4M
$1.5M
Base
$384k
Bonus
$925k
Other
$30k
Benefits
$535
Physician
Highest Compensated Employee
Above 90th percentile
$1.2M
$1.4M
Base
$701k
Bonus
$483k
Other
$22k
Benefits
$28k
Vp/cfo (term Term 01/2025)
Officer (Unspecified)
$978k
$1.1M
Base
$584k
Bonus
$298k
Other
$9k
Benefits
$38k
VP - Revenue Cycle
Vice President
Above 90th percentile
$606k
$669k
Base
$365k
Bonus
$175k
Other
$6k
Benefits
$32k
Vice-president
75th to 90th percentile
$572k
$632k
Base
$349k
Bonus
$191k
Other
$2k
Benefits
$1k
Vice-president (term 02/2024)
75th to 90th percentile
$547k
$604k
Base
$333k
Bonus
$146k
Other
$7k
Benefits
$34k
Director/physician
Board Member
75th to 90th percentile
$515k
$568k
Base
$247k
Bonus
$228k
Other
$6k
Benefits
$18k
Vice-president
75th to 90th percentile
$510k
$564k
Base
$321k
Bonus
$136k
Other
$8k
Benefits
$28k
Vice-president
75th to 90th percentile
$504k
$557k
Base
$284k
Bonus
$146k
Other
$13k
Benefits
$38k
Vice-president
75th to 90th percentile
$503k
$556k
Base
$300k
Bonus
$151k
Other
$5k
Benefits
$31k
Vice-president
75th to 90th percentile
$502k
$555k
Base
$287k
Bonus
$148k
Other
$11k
Benefits
$36k
Vice-president
75th to 90th percentile
$403k
$445k
Base
$272k
Bonus
$101k
Other
$11k
Benefits
$1k
Vice-president
75th to 90th percentile
$337k
$372k
Base
$192k
Bonus
$97k
Other
$2k
Benefits
$29k
Vice-president (eff. 08/2023)
Median to 75th percentile
$249k
$275k
Base
$176k
Bonus
$33k
Other
$174
Benefits
$31k
Vice-president (eff. 10/2023)
25th percentile to median
$96k
$106k
Chair & Director
Board Chair
25th percentile to medianvs Health Care peers nationwide
$23k
$26k
Director
Board Member
10th to 25th percentile
$14k
$15k
Director
Board Member
10th to 25th percentile
$14k
$15k
Secretary & Treasurer
Officer (Unspecified)
$14k
$15k
Vice Chair & Director
Board Vice Chair
25th percentile to medianvs Health Care peers nationwide
$14k
$15k
Director
Board Member
10th to 25th percentile
$13k
$14k

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.

Browse compensation in Health Care

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at MERCY HEALTH SYSTEM CORPORATION equaled 3% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2023)
3%
Sector median
4%
Middle half of sector
1% to 13%

Based on 13,830 health care organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 97%
from 2022

From $11.6M in 2022 to $22.8M in 2023.

$11.6M
2022
$22.8M
2023
In today's dollarsEst.
Up 90% in real terms$13.3M to $25.1M

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 97% from 2022 to 2023, while revenue rose 5%.

$11.6M in 2022 to $22.8M in 2023.
  • Highest Compensated Employee pay rose 32% from 2022 to 2023.
  • Vice President pay rose 7% 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 SYSTEM CORPORATION

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

In 2023, the Chief Executive Officer of MERCY HEALTH SYSTEM CORPORATION received $22,757,779 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Health Care organizations in Wisconsin: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

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

Compared with the same role at Health Care organizations in Wisconsin, the 2023 pay of the Chief Executive Officer at MERCY HEALTH SYSTEM CORPORATION falls in the top 10%. In 2023, the highest total compensation at MERCY HEALTH SYSTEM CORPORATION equaled 3% of the organization's total expenses. The median for health care organizations is 4%.

What are MERCY HEALTH SYSTEM CORPORATION's revenue and expenses?

In 2023, MERCY HEALTH SYSTEM CORPORATION reported $723.1M in total revenue and $669.6M in total expenses on its IRS Form 990.

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