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Organizations Health Care Mercy Hospitalcedar Rapidsia Endowment Foundation Inc.

Mercy Hospitalcedar Rapidsia Endowment Foundation Inc.

Fiscal year ending 2021. Filed on May 13, 2022.

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 2021 IRS Form 990 filing, Mercy Hospitalcedar Rapidsia Endowment Foundation Inc., a 501(c)(3) charitable organization, reported compensation for 5 out of 8 total employees. Among the employees shown here, the average compensation is $363,003. The highest compensated employee at Mercy Hospitalcedar Rapidsia Endowment Foundation Inc. is Timothy L Charles with fiscal year 2021 compensation of $844,737. 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

$26,438,389

Expenses

$3,923,632

Employee compensation

$607,950
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Timothy L Charles
Secretary
$844,737
$0 $767,464 $77,273
Nathan van Genderen
Executive Vp/Cfo/Assistant Treasurer
$455,098
$0 $396,207 $58,891
Sister Susan O'Connor
Director
$275,884
$0 $265,020 $10,864
Julie Crockett
Former President
$120,930
$117,580 No related comp$3,350
Lorrie M Erusha
President
$118,368
$104,177 No related comp$14,191

Benchmark Employee Compensation

Non-Employee Board Members

A James Tinker
Director
$122,445
$0 $116,035 $6,410
Janis Kazimour
Director
No compensation reported
Bruce McGrath
Director
No compensation reported
Emmett J Scherrman
Treasurer
No compensation reported
Charles Rohde
Director
No compensation reported
Darrel Morf
Vice Chair
No compensation reported
Cheryle Mitvalsky
Chair
No compensation reported
Janet Merfeld
Director
No compensation reported
Barrie Ernst
Director
No compensation reported
John Rife
Director
No compensation reported

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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