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Filing year 2023

MERCY HOSPITALCEDAR RAPIDSIA ENDOWMENT FOUNDATION INC

Cedar Rapids, Iowa·EIN 51-0233180·NTEE E110 · Health Care·501(c)(3)
Total revenue
$11.1M
Total assets
$136.4M
Total expenses
$10.3M
Reported officers
18
Mission

EXCLUSIVELY ORGANIZED TO FOSTER, SUPPORT, AND ENCOURAGE THE MISSION AND ACTIVITES OF MERCY MEDICAL CENTER.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 5 reported individuals · Filing year 2023

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

President
75th to 90th percentile
$250k
$277k
Base
$181k
Bonus
$39k
Other
$3k
Benefits
$25k
Vice President
Board Vice President
25th percentile to medianvs Health Care peers nationwide
$113k
$125k
Secretary
Officer (Unspecified)
$86k
$95k
Executive Vp/cfo/assistant Treasurer
25th percentile to median
$67k
$74k
Former Secretary
Former Officer/director/trustee
Below 10th percentilevs Health Care peers nationwide
$427
$472

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 13 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 HOSPITALCEDAR RAPIDSIA ENDOWMENT FOUNDATION INC equaled 2% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2023)
2%
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 21%
from 2022

From $206k in 2022 to $250k in 2023.

$206k
2022
$250k
2023
In today's dollarsEst.
Up 17% in real terms$236k to $277k

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 21% from 2022 to 2023, while revenue fell 2%.

$206k in 2022 to $250k in 2023.
  • Chief Financial Officer pay rose 1% 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 HOSPITALCEDAR RAPIDSIA ENDOWMENT FOUNDATION INC

What does the Chief Executive Officer of MERCY HOSPITALCEDAR RAPIDSIA ENDOWMENT FOUNDATION INC earn?

In 2023, the Chief Executive Officer of MERCY HOSPITALCEDAR RAPIDSIA ENDOWMENT FOUNDATION INC received $250,326 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Health Care organizations in Iowa, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at MERCY HOSPITALCEDAR RAPIDSIA ENDOWMENT FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Health Care organizations in Iowa, the 2023 pay of the Chief Executive Officer at MERCY HOSPITALCEDAR RAPIDSIA ENDOWMENT FOUNDATION INC falls between the 75th and 90th percentiles. In 2023, the highest total compensation at MERCY HOSPITALCEDAR RAPIDSIA ENDOWMENT FOUNDATION INC equaled 2% of the organization's total expenses. The median for health care organizations is 4%.

What are MERCY HOSPITALCEDAR RAPIDSIA ENDOWMENT FOUNDATION INC's revenue and expenses?

In 2023, MERCY HOSPITALCEDAR RAPIDSIA ENDOWMENT FOUNDATION INC reported $11.1M in total revenue and $10.3M in total expenses on its IRS Form 990.

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