Mercy Medical Center - Clinton Inc

Nonprofit profile at a glance

EIN
421336618
IRS 990 coverage
2009–2024
Forms available
Form 990 2024, Form 990-T 2024
Location
Clinton, IA, USA
Phone
5632445555
Rating
68
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Hospital, General

Official website

Reported finances

Revenue
$120,470,032
Expenses
$129,662,997
Assets
$125,016,465
Liabilities
$59,085,143

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

15 people listed

Executive titles in this filing

  • ROBERT RITZ (DIRECTOR; REGIONAL PRESIDENT & CEO)

Highest reported compensation

  • ROBERT RITZ (DIRECTOR; REGIONAL PRESIDENT & CEO): $2,471,013 total reported compensation
  • LINDA ROSS (DIR; CHIEF LEGAL OFFICER TRINITY): $2,013,680 total reported compensation
  • MICHAEL WEGNER (FORMER OFFICER): $1,653,467 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 health services-Iowa and trinity health, serve together in the spirit of the gospel as a compassionate and transforming healing presence within our communities.mercy medical center - clinton is a member of mercy health services-Iowa and trinity health.

What it reported doing in 2024

Mercy medical center - clinton (mercyone clinton) is located in clinton, Iowa. Mercyone clinton is a full-service community health system serving residents in clinton, Iowa and surrounding communities in eastern Iowa and northwestern Illinois. With a history dating back more than 130 years, mercyone clinton is proud to offer the latest in health and medical services with a caring, compassionate and personal touch.mercyone clinton provides a broad range of services to meet the health care needs of residents in the bi-state area. With two main campuses, mercyone clinton operates 163 licensed beds. Services include a radiation oncology center in affiliation with the university of Iowa hospitals and clinics, renal dialysis and a trauma center. Residents also have access to equipment and supplies through mercy home medical equipment. In fiscal year 2025 the hospital provided over 7,900 patient days of health care services to the community.recognizing the importance of maintaining health, mercyone clinton creates opportunities to promote wellness and assist people to take responsibility for their own health and well-being. In addition, mercyone clinton supports community programs and activities that enhance the cultural and economic prosperity of its associates and the community at large.please visit schedule h and our website for additional information about our services, recognitions and awards: www.mercyone.org/clinton

Operating model

Revenue model
Earned-program. 96% 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.

Rating breakdown

  • Financial Efficiency: 80
  • Transparency & Controls: 67
  • Accountability: 52
  • Sustainability: 24
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 93.5%; rating input score 93
  • Program expense ratio: 85.1%; rating input score 85
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 92.9%; rating input score 93; 17th 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: 67.1%; rating input score 67; 14th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 33.3%; rating input score 33; 10th 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: -7.6%; rating input score 10; 10th percentile among comparable filings
  • Total-asset coverage ratio: 0.96; rating input score 38; 38th percentile among comparable filings
  • Liabilities to assets ratio: 0.47; rating input score 38; 38th percentile among comparable filings
  • Officer compensation ratio: 3.6%; rating input score 30; 30th percentile among comparable filings

Growth

  • Program expense growth: 4.9% per year; rating input score 100; 39th percentile among comparable filings
  • Revenue growth: 2.7% per year; rating input score 100; 19th percentile among comparable filings
  • Asset growth: -0.1% per year; rating input score 0; 7th percentile among comparable filings

Details

  • Where the money goes: 93.5% of revenue deployed · 85.1% of spending went to programs
  • Governance: 1 of 3 board members independent · 7 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $110.3M in reported program spending
  • Leadership: top reported pay $2.5M · 15 people listed · 0 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $8.6M reported
  • Consistency: 35 of 36 current checks pass · 1 finding to review
  • Schedules: 9 filed schedules · includes major donors, grants, executive pay, and related organizations
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 7 filed money-flow records
  • Related organizations: 311 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.

  • Moderate — Accountability: Independent voting board scored 33/100.
  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Sustainability: Operating margin scored 10/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 38/100.
  • Moderate — Sustainability: Officer compensation ratio scored 30/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 38/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.