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Filing year 2023

MERCY HEALTHCARE FOUNDATION

Valley City, North Dakota·EIN 45-0435338·NTEE E99Z · Health Care·501(c)(3)
Total revenue
$230k
Total assets
$5.8M
Total expenses
$78k
Reported officers
13
Mission

THE MERCY HEALTHCARE FOUNDATION IS A NON-PROFIT ORGANIZATION CONCEIVED WITH THE SOLE PURPOSE OF HELPING OUR COMMUNITY THROUGH OUR COMMUNITY HOSPITAL. WE ARE DEDICATED TO THE SUPPORT OF PROGRAMS AND PROJECTS THAT WILL EXPAND AND ENHANCE HEALTHCARE, EDUCATION, AND OTHER HEALTH-RELATED SERVICES THROUGHOUT THE AREA. BY PROVIDING SUPPORT TO MERCY HOSPITAL WITH SUPPLEMENTAL FUNDING FOR CAPITAL AND PROGRAM NEEDS ESSENTIAL TO THE HOSPITAL'S GROWTH AND DEVELOPMENT, WE ARE STRIVING TO BUILD AND MAINTAIN A HIGH QUALITY OF LIFE IN OUR COMMUNITY BY PROVIDING THE FINEST HEALTHCARE POSSIBLE, AT THE MOST AFFORDABLE COST POSSIBLE. THIS WILL BE DONE BY: 1. RECEIVING, HOLDING, INVESTING, AND DISPENSING THE ASSETS DONATED AND RAISED FOR HEALTH CARE AND CHARITABLE ACTIVITIES. 2. PROVIDING A RETURN ON INVESTMENT THAT ENSURES GROWTH TO THE FUNDS.

Executive compensation

Form 990 · Part VII & Schedule J · 8 reported individuals · Filing year 2023

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

Market CFO (end 05/24)
25th percentile to median
$51k
$56k
Market CFO (beg 05/24)
10th to 25th percentile
$48k
$53k
President Mhvc
25th percentile to median
$45k
$49k
Treasurer (beg 09/23)/vp Op Fin
10th to 25th percentile
$45k
$49k
Treasurer (end 9/23)/manager Fin
10th to 25th percentile
$41k
$45k
Former Interim President
Former Officer/director/trustee
10th to 25th percentilevs Health Care peers nationwide
$24k
$27k
Board Secretary/foundation Director
Director (Operational)
Below 10th percentilevs Health Care peers nationwide
$13k
$14k
Former Foundation Director
Former Officer/director/trustee
Below 10th percentilevs Health Care peers nationwide
$10k
$11k

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 5 unpaid individuals.

Browse compensation in Health Care

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at MERCY HEALTHCARE FOUNDATION equaled 66% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2023)
66%
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.

Up 8%
from 2022

From $47k in 2022 to $51k in 2023.

$47k
2022
$51k
2023
In today's dollarsEst.
Up 4% in real terms$54k to $56k

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 Financial Officer pay rose 28% from 2022 to 2023, while revenue fell 49%.

$40k in 2022 to $51k in 2023.
  • Chief Executive Officer pay rose 90% from 2022 to 2023.
  • Former Officer/director/trustee pay fell 28% 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 HEALTHCARE FOUNDATION

What does the Chief Financial Officer of MERCY HEALTHCARE FOUNDATION earn?

In 2023, the Chief Financial Officer of MERCY HEALTHCARE FOUNDATION received $50,949 in total compensation. This pay is below the median (the midpoint) for Chief Financial Officer roles among Health Care organizations in North Dakota, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Financial Officer pay at MERCY HEALTHCARE FOUNDATION compare with similar nonprofits?

Compared with the same role at Health Care organizations in North Dakota, the 2023 pay of the Chief Financial Officer at MERCY HEALTHCARE FOUNDATION falls between the 25th percentile and the median. In 2023, the highest total compensation at MERCY HEALTHCARE FOUNDATION equaled 66% of the organization's total expenses. The median for health care organizations is 4%.

What are MERCY HEALTHCARE FOUNDATION's revenue and expenses?

In 2023, MERCY HEALTHCARE FOUNDATION reported $230k in total revenue and $78k in total expenses on its IRS Form 990.

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