MERCY HARVARD HOSPITAL INC

EIN: 311551871 501(c)(3) Health Care

HARVARD, IL

Total Revenue
$30,619,079
Total Expenses
$28,656,693
Total Assets
$37,472,946
Net Assets
$27,653,930
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
IL
Principal Officer
JAVON BEA
Phone
8159435431
Tax Period
2023-07-01 to 2024-06-30

MERCY HARVARD HOSPITAL INC, founded in 1997, is a mid-sized nonprofit in the Health Care sector that reported $30.6M in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year. Expenses of $28.7M left a modest 6% surplus.

Mission

THE MISSION OF MERCY HARVARD HOSPITAL, INC IS "EXCEPTIONAL HEALTH CARE SERVICES WITH A PASSION FOR MAKING LIVES BETTER." THE FOUNDATION OF THIS MISSION IS BASED ON A VISION OF QUALITY: EXCELLENCE IN PATIENT CARE; SERVICE: EXCEPTIONAL PATIENT AND CUSTOMER CARE; PARTNERING: BEST PLACE TO WORK; AND COST: COST-EFFECTIVE CARE, ALONG WITH A COMMITMENT TO THE VALUES OF HEALING IN THE BROADEST SENSE, PATIENTS COME FIRST, TREAT EACH OTHER LIKE FAMILY AND ALWAYS SEEK EXCELLENCE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $22,469
Program Service Revenue $30,487,941
Investment Income $0
Other Revenue $108,669
TOTAL REVENUE $30,619,079

Expense Breakdown

Grants Paid $234,201
Salaries & Benefits $14,022,527
Fundraising Expenses $0
Program Expenses $22,935,226
Other Expenses $14,399,965
TOTAL EXPENSES $28,656,693

Year-over-Year Comparison

2023 2022 Change
Revenue $30,619,079 $33,647,081 -0.1%
Expenses $28,656,693 $29,721,024 0.0%
Net Income $1,962,386 $3,926,057 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
8
Independent Members
6
Employees
338
Volunteers
6

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$24,391,675
Total Directors
8
$23,362,961
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TODD ANDERSON VP/CFO (TERM 01/2025) 1.00
Officer
$0 $87,531 $978,066
KIMBERLY SCACCIA VP - REVENUE CYCLE 1.00
Officer
$0 $60,588 $605,673
MARK L GOELZER MD DIRECTOR/PHYSICIAN 1.00
Director
$0 $33,521 $514,572
KHRISTINE SCHRADER RN SHIFT COORDINATOR 44.00
Highest
$190,943 $26,611 $217,554
BRENDA BOTE-CATACUTAN RN HOSPITAL ADVANCED 47.00
Highest
$170,930 $36,809 $207,739
TIMOTHY AUBRY PHARMACIST SUPERVISOR HOSPITAL 40.00
Highest
$184,687 $14,132 $198,819
SUSAN TOWNE ULTRASOUND RADIOGRAPHER 3 48.00
Highest
$164,076 $11,293 $175,369
CHARITO PRESISTO RN HOSPITAL ADVANCED CERTIFIED 43.00
Highest
$158,164 $5,148 $163,312
JAVON R BEA PRESIDENT/CEO (SEE PAGES 62-67) 1.00
Officer Director
$0 $6,756,093 $22,757,779
ROWLAND J MCCLELLAN CHAIR & DIRECTOR 1.00
Officer Director
$0 $0 $23,157
WESLEY M JOST DIRECTOR 1.00
Director
$0 $0 $13,858
KATHERINE A SCHACK DIRECTOR 1.00
Director
$0 $0 $13,663
THOMAS R POOL VICE CHAIR & DIRECTOR 1.00
Officer Director
$0 $0 $13,500
THOMAS D BUDD SECRETARY & TREASURER 1.00
Officer Director
$0 $0 $13,500
DAVE L SYVERSON DIRECTOR 1.00
Director
$0 $0 $12,932
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $30,619,079 $28,656,693 $37,472,946 $1,962,386
2023 $33,647,081 $29,721,024 $35,489,631 $3,926,057
2022 $33,032,695 $28,141,108 $37,824,048 $4,891,587
2021 $34,891,651 $27,647,602 $29,753,948 $7,244,049
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