Catholic Health Initiatives-Iowa Corp

Catholic Health Initiatives-Iowa Corp Overview

Catholic Health Initiatives-Iowa Corp, operating under the name Mercy Medical Center - Des Moines, is located in Des Moines, IA. The organization was established in 1946. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 06/2020, Mercy Medical Center - Des Moines employed 6,086 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes.

For the year ending 06/2020, Mercy Medical Center - Des Moines generated $817.2m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $803.1m during the year ending 06/2020. While expenses have increased by 1.5% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Mercy Medical Center - Des Moines has awarded 199 individual grants totaling $382,831,976. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

CATHOLIC HEALTH INITIATIVES - IOWA CORP IS A NOT-FOR-PROFIT CATHOLIC HEALTH CARE ORGANIZATION CREATING HEALTHIER COMMUNITIES THROUGH THE OPERATION OF A 802-BED ACUTE CARE HOSPITAL.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE SCHEDULE H


SEE SCHEDULE H


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Catholic Health Initiatives-Iowa Corp Vendors

Vendor Name (Service)Compensation
Rcg Des Moines Acute
Medical Services
$2,291,731
Primary Health Care
Medical Services
$1,976,784
Medical Ctr Anesthesiologist
Physician Services
$1,835,619
Ameritex Services
Laundry/linen Services
$1,353,316
Sigler Companies
Marketing Services
$1,203,289
Rcg Des Moines Acute
Medical Services
$2,291,731
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$27,046,747
Government grants $14,193,667
All other contributions, gifts, grants, and similar amounts not included above$1,476,330
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$42,716,744
Total Program Service Revenue$688,280,431
Investment income $5,466,649
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $1,929,043
Net Gain/Loss on Asset Sales $10,564,965
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $817,241,108

Catholic Health Initiatives-Iowa Corp Grants Awarded

Over the last fiscal year, Catholic Health Initiatives-Iowa Corp has awarded $136,978,708 in support to 46 organizations.

Grant RecipientAmount

MERCY CLINICS INC

Org PageRecipient Profile

Des Moines, IA

PURPOSE: PROGRAM SUPPORT

$61,999,272

MERCY CLINICS INC

Org PageRecipient Profile

Des Moines, IA

PURPOSE: PROGRAM SUPPORT

$61,999,272

Des Moines, IA

PURPOSE: PROGRAM SUPPORT

$2,400,000

Des Moines, IA

PURPOSE: PROGRAM SUPPORT

$2,400,000

PRIMARY HEALTH CARE

Org PageRecipient Profile

Des Moines, IA

PURPOSE: COMMUNITY SUPPORT

$2,024,284

PRIMARY HEALTH CARE

Org PageRecipient Profile

Des Moines, IA

PURPOSE: COMMUNITY SUPPORT

$2,024,284
View Grant Profile

Catholic Health Initiatives-Iowa Corp Grants Recieved

Over the last fiscal year, we have identified 1 grants that Catholic Health Initiatives-Iowa Corp has recieved totaling $10,993.

Awarding OrganizationAmount
Iowa Consortium For Comprehensive Cancer Control

North Liberty, IA

PURPOSE: WORK & SERVICES

$10,993
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,189,648
Earnings$154,005
Net Contributions$2,722,449
Ending Balance$4,066,102

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