Compensation 990

Catholic Health Initiatives Iowa Corp.

Fiscal year ending 2024. Filed on May 13, 2025.

1111 6th Avenue
Des Moines, Iowa 50314

Catholic Health Initiatives Iowa Corp. (EIN: 42-0680448) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Catholic Health Initiatives Iowa Corp., a 501(c)(3) charitable organization, reported compensation for 16 out of 6,962 total employees. Among the employees shown here, the average compensation is $924,615. The highest compensated employee at Catholic Health Initiatives Iowa Corp. is Robert Ritz with fiscal year 2024 compensation of $2,103,598.

Revenue, expenses, and employee compensation

Revenue

$977,048,225

Expenses

$1,001,217,765

Employee compensation

$370,521,033
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

＋5.8%vs 2023
Robert Ritz
Director; CEO Mercy Health Network
$2,103,598
$0 from org$2,025,160 from related$78,438 other
New in 2024
Hijinio Carreon, Do
Executive Vice President, CMO; COO Mercyone IA
$1,196,065
$0 from org$1,015,275 from related$180,790 other
－18.4%vs 2023
Michael Wegner
Dir&Pres Mercyone CTRL IA THR 12/23
$1,084,868
$0 from org$1,018,938 from related$65,930 other
＋63.5%vs 2023
Randall Rubin
Former Officer; Senior Vice President, CFO THR 6/23
$1,023,460
$995,107 from orgNo related comp$28,353 other
－5.4%vs 2023
Mark Tannenbaum, M.D.
Cardiologist
$1,003,530
$932,482 from orgNo related comp$71,048 other
＋11.7%vs 2023
Atul Chawla, M.D.
Cardiologist
$986,465
$915,526 from orgNo related comp$70,939 other
New in 2024
Mudassir Malik, M.D.
Cardiologist
$971,796
$898,551 from orgNo related comp$73,245 other
＋0.1%vs 2023
Aaron From, M.D.
Cardiologist
$962,148
$897,175 from orgNo related comp$64,973 other
－18.7%vs 2023
David Hockmuth, M.D.
Cardiothoracic Surgeon
$949,550
$876,843 from orgNo related comp$72,707 other
New in 2024
Kurt Andersen
DIR& INT PRES Mercyone IA AS of 1/24
$902,193
$0 from org$751,107 from related$151,086 other
＋4.2%vs 2023
Neil Horning, M.D.
Director;Pulmonologist Critical CARE
$788,497
$727,222 from orgNo related comp$61,275 other
－6.2%vs 2023
Michael Fraizer, M.D.
Director; Cardiologist
$714,930
$650,098 from orgNo related comp$64,832 other

Non-Employee Board Members

Brenda Cushing
Director
Brian Johnson
Director
Christopher Nelson, Ph.D.
Director
Emily Abbas
Director
Glen Hall
Secretary and Director
Maurita Soukup Rsm
Director
Monica Friedman
Chair and Director
Patricia McDermott
Director
Terry Lillis
Treasurer and Director
Theresa McConeghey
Vice Chair and Director
Timothy Miller
Director
Vanessa Freitag
Chief Operating Officer AS of 4/24

Mission Statement

WE, CATHOLIC HEALTH INITIATIVES - IOWA, CORP. AND TRINITY HEALTH, SERVE TOGETHER IN THE SPIRIT OF THE GOSPEL AS A COMPASSIONATE AND TRANSFORMING HEALING PRESENCE WITHIN OUR COMMUNITIES. CATHOLIC HEALTH INITIATIVES - IOWA, CORP. IS A MEMBER OF TRINITY HEALTH.

Revisions to this organization profile

May 13, 2025:
2024 Catholic Health Initiatives Iowa Corp. 990 filed
May 13, 2024:
2023 Catholic Health Initiatives Iowa Corp. 990 filed
May 9, 2023:
2022 Catholic Health Initiatives Iowa Corp. 990 filed

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