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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Health Care Mercy Medical Center

Mercy Medical Center

Fiscal year ending 2022. Filed on May 15, 2023.

701 10th St SE
Cedar Rapids, Iowa 52403

Mercy Medical Center (EIN: 42-0698295) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2022 IRS Form 990 filing, Mercy Medical Center, a 501(c)(3) charitable organization, reported compensation for 11 out of 2,962 total employees. Among the employees shown here, the average compensation is $983,837. The highest compensated employee at Mercy Medical Center is Chong C Lee, M.D. with fiscal year 2022 compensation of $1,541,082.

Revenue, expenses, and employee compensation

Revenue

$418,379,415

Expenses

$412,756,686

Employee compensation

$205,610,908
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Chong C Lee, M.D.
Physician
$1,541,082
$1,503,514 No related comp$37,568
Shane A Gailushas, M.D.
Physician
$1,454,520
$1,417,952 No related comp$36,568
Timothy L Charles
President and Chief Executive Officer
$1,368,154
$1,289,481 No related comp$78,673
Ryan D Hollenbeck, M.D.
Physician
$1,177,640
$1,138,213 No related comp$39,427
Bhavya Akhauri, M.D.
Physician
$1,153,896
$1,126,703 No related comp$27,193
Shiny Matthewkutty, M.D.
Physician
$1,056,371
$1,033,499 No related comp$22,872
Timothy Quinn, M.D.
Chief of Clinical Operations
$904,654
$831,381 No related comp$73,273
Nathan van Genderen
Executive Vice President and Chief Financial Officer
$705,490
$640,562 No related comp$64,928
Mary Brobst
Chief Nursing Officer
$498,829
$448,816 No related comp$50,013
Jeffrey Cash
Chief Information Officer
$490,516
$438,259 No related comp$52,257
Nancy Hill-Davis
Chief Talent Officer
$471,051
$436,574 No related comp$34,477

Benchmark Employee Compensation

Non-Employee Board Members

Al Ruffalo
Trustee
Barb Knapp
Trustee
Barrie Ernst
Trustee
Bob Cataldo
Trustee
Charles Rohde
Trustee
Cheryle Mitvalsky
Chair
Chris Dewolf
Trustee
Darrel Morf
Vice Chair and Treasurer
Fred Pilcher, M.D.
Trustee
John Rife
Trustee
John Smith
Trustee
John-Paul Besong
Trustee

Contractors

University of Iowa Health Care
Healthcare Professional
$4,973,836
Sound Physicians
Healthcare Professional
$4,691,077
Oncology Associates of Cedar Rapids
Healthcare Professional
$4,604,157
Trimedx LLC
Maintain and Repair Medical Equpment
$4,308,077
Weatherby Locums Inc.
Healthcare Professional
$3,316,289

Mission Statement

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

Revisions to this organization profile

May 15, 2025:
2024 Mercy Medical Center 990 filed
May 15, 2024:
2023 Mercy Medical Center 990 filed
May 15, 2023:
2022 Mercy Medical Center 990 filed

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