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Filing year 2023

MERCY MEDICAL CENTER

Cedar Rapids, Iowa·EIN 42-0698295·NTEE E220 · Health Care·501(c)(3)
Total revenue
$478.8M
Total assets
$728.2M
Total expenses
$488.2M
Reported officers
36
Mission

TO CARE FOR THE SICK AND ENHANCE THE HEALTH OF THE COMMUNITIES WE SERVE, GUIDED BY THE SPIRIT OF THE SISTERS OF MERCY.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 12 reported individuals · Filing year 2023

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

Physician
Highest Compensated Employee
Above 90th percentile
$2M
$2.2M
Base
$1.9M
Bonus
$132k
Other
$4k
Benefits
$26k
Physician
Highest Compensated Employee
Above 90th percentile
$1.4M
$1.6M
Base
$613k
Bonus
$757k
Other
$810
Benefits
$33k
Physician
Highest Compensated Employee
Above 90th percentile
$1.3M
$1.5M
Base
$674k
Bonus
$641k
Other
$540
Benefits
$22k
Physician
Highest Compensated Employee
Above 90th percentile
$1.3M
$1.5M
Base
$841k
Bonus
$467k
Other
$25k
Benefits
$2k
Physician
Highest Compensated Employee
Above 90th percentile
$1.3M
$1.4M
Base
$828k
Bonus
$429k
Other
$20k
Benefits
$28k
President & Chief Executive Officer
Above 90th percentile
$795k
$878k
Base
$706k
Bonus
Other
$4k
Benefits
$28k
Former President & Chief Executive Officer
Former Officer/director/trustee
Above 90th percentilevs Health Care peers nationwide
$738k
$815k
Base
$168k
Bonus
Other
$569k
Benefits
$427
Executive Vice President & Cfo/coo
Executive Vice President
Median to 75th percentilevs Health Care peers nationwide
$558k
$617k
Base
$490k
Bonus
Other
$1k
Benefits
$24k
Chief Medical Officer
Key Employee
75th to 90th percentilevs Health Care peers nationwide
$495k
$547k
Base
$426k
Bonus
Other
$4k
Benefits
$27k
Chief Information Officer
Median to 75th percentilevs Health Care peers nationwide
$392k
$433k
Base
$335k
Bonus
Other
$5k
Benefits
$22k
Chief Talent Officer
Key Employee
Median to 75th percentilevs Health Care peers nationwide
$367k
$406k
Base
$324k
Bonus
Other
$2k
Benefits
$12k
Former Chief Nursing Officer
Key Employee
Median to 75th percentilevs Health Care peers nationwide
$342k
$378k
Base
$237k
Bonus
Other
$85k
Benefits
$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.

Plus 24 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 MEDICAL CENTER equaled 0.4% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2023)
0.4%
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 16%
from 2022

From $1.7M in 2022 to $2M in 2023.

$1.7M
2022
$2M
2023
In today's dollarsEst.
Up 12% in real terms$2M to $2.2M

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

Highest Compensated Employee pay rose 16% from 2022 to 2023, while revenue rose 10%.

$1.7M in 2022 to $2M in 2023.
  • Chief Executive Officer pay fell 20% from 2022 to 2023.
  • Executive Vice President pay rose 3% 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 MEDICAL CENTER

What does the Highest Compensated Employee of MERCY MEDICAL CENTER earn?

In 2023, the Highest Compensated Employee of MERCY MEDICAL CENTER received $2,020,262 in total compensation. This pay is in the top 10% for Highest Compensated Employee roles among Health Care organizations in Iowa: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at MERCY MEDICAL CENTER compare with similar nonprofits?

Compared with the same role at Health Care organizations in Iowa, the 2023 pay of the Highest Compensated Employee at MERCY MEDICAL CENTER falls in the top 10%. In 2023, the highest total compensation at MERCY MEDICAL CENTER equaled 0.4% of the organization's total expenses. The median for health care organizations is 4%.

What are MERCY MEDICAL CENTER's revenue and expenses?

In 2023, MERCY MEDICAL CENTER reported $478.8M in total revenue and $488.2M in total expenses on its IRS Form 990.

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