Mercy College of Health Sciences
Nonprofit profile at a glance
- EIN
- 421511682
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024, Form 990-T 2020
- Location
- Des Moines, IA, USA
- Phone
- 5156433180
- Rating
- 67
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Roman Catholic
Reported finances
- Revenue
- $23,215,253
- Expenses
- $17,531,146
- Assets
- $109,259,734
- Liabilities
- $49,733,807
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
26 people listed
Executive titles in this filing
- DR ADREAIN HENRY (DIRECTOR; PRESIDENT MERCY COLLEGE)
- ANGELA MORTOZA (DIRECTOR; PRESIDENT NETWORK HOSPITAL)
Highest reported compensation
- HEATHER CAMPBELL (DIRECTOR; VP MANAGING CNSL, MERCYONE): $641,828 total reported compensation
- DR ADREAIN HENRY (DIRECTOR; PRESIDENT MERCY COLLEGE): $534,959 total reported compensation
- JODIE ROETTGER (FORMER OFFICER): $459,251 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
We, mercy college of health sciences and trinity health, serve together in the spirit of the gospel as a compassionate and transforming healing presence within our communities. Mercy college of health sciences is a member of trinity health.
What it reported doing in 2024
Mercy college of health sciences (mercy college) is a premier health sciences specialty school offering unique hands-on learning, unparalleled clinical rotations, and accelerated education. With 16 academic pathways offering master's, bachelor's, and associate degrees, certificates, online degrees, and continuing education courses, mercy college's students are prepared to enter the workforce quickly with the critical skills necessary to make an immediate impact in their chosen health care careers. For more information about mercy college, please visit our website at: www.mchs.edu
Operating model
- Revenue model
- Earned-program. 87% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.
Rating breakdown
- Financial Efficiency: 51
- Transparency & Controls: 71
- Accountability: 81
- Sustainability: 79
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 49.9%; rating input score 50
- Program expense ratio: 71%; rating input score 71
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 83.3%; rating input score 83; 17th percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 24.5%; rating input score 85; 85th percentile among comparable filings
- Total-asset coverage ratio: 6.23; rating input score 87; 87th percentile among comparable filings
- Liabilities to assets ratio: 0.46; rating input score 32; 32nd percentile among comparable filings
- Officer compensation ratio: 1.8%; rating input score 78; 78th percentile among comparable filings
Growth
- Program expense growth: 3.6% per year; rating input score 100; 30th percentile among comparable filings
- Revenue growth: 4.4% per year; rating input score 100; 38th percentile among comparable filings
- Asset growth: 10.4% per year; rating input score 100; 67th percentile among comparable filings
Details
- Where the money goes: 49.9% of revenue deployed · 71% of spending went to programs
- Governance: 15 of 18 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $12.5M in reported program spending
- Leadership: top reported pay $642K · 26 people listed · 0 of 6 pay-setting controls reported
- Highest-paid contractors: 3 contractors listed · $634K reported
- Consistency: 31 of 31 current checks pass
- Schedules: 8 filed schedules · includes major donors, executive pay, and related organizations
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Related organizations: 308 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Mission deployment rate scored 50/100.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- Moderate — Sustainability: Liabilities to assets ratio scored 32/100.