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Organizations Health Care Mercy Hospitalcedar Rapidsia Endowment Foundation Inc.

Mercy Hospitalcedar Rapidsia Endowment Foundation Inc.

Fiscal year ending 2024. Filed on May 15, 2025.

701 10th St SE
Cedar Rapids, Iowa 52403

Mercy Hospitalcedar Rapidsia Endowment Foundation Inc. (EIN: 51-0233180), also known as Mercy Medical Center Foundation, has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Mercy Hospitalcedar Rapidsia Endowment Foundation Inc., a 501(c)(3) charitable organization, reported compensation for 5 out of 10 total employees. Among the employees shown here, the average compensation is $491,009. The highest compensated employee at Mercy Hospitalcedar Rapidsia Endowment Foundation Inc. is Timothy Quinn, M.D. with fiscal year 2024 compensation of $795,201. Mercy Hospitalcedar Rapidsia Endowment Foundation Inc. changed its name from Mercy Hospitalcedar Rapidsia Endowment Fndtn Inc. D/B/a Mercy Medical Center Fdtn in 2019.

Revenue, expenses, and employee compensation

Revenue

$11,056,520

Expenses

$10,255,926

Employee compensation

$1,093,628
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Timothy Quinn, M.D.
Secretary
$795,201
$0 $709,298 $85,903
Timothy L Charles
Former Secretary
$737,812
$0 $737,385 $427
Nathan van Genderen
Executive Vp/Cfo/Assistant Treasurer
$558,378
$0 $491,544 $66,834
Lorrie M Erusha
President
$250,326
$222,903 No related comp$27,423
Mindy Davis-Kayser
Vice President
$113,328
$101,932 No related comp$11,396

Benchmark Employee Compensation

Non-Employee Board Members

Barrie Ernst
Director
Brandi Mueller
Director
Bruce McGrath
Former Director
Charles Rohde
Director
Cheryle Mitvalsky
Chair
Chris Dewolf
Director
Darrel Morf
Vice Chair
Emmett J Scherrman
Treasurer
Janet Merfeld
Director
John Rife
Director
John-Paul Besong
Director
Patrick Slater
Director

Mission Statement

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

Revisions to this organization profile

May 15, 2025:
2024 Mercy Hospitalcedar Rapidsia Endowment Foundation Inc. 990 filed
May 15, 2024:
2023 Mercy Hospitalcedar Rapidsia Endowment Foundation Inc. 990 filed
May 15, 2023:
2022 Mercy Hospitalcedar Rapidsia Endowment Foundation Inc. 990 filed

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