ALEGENT HEALTH-MERCY HOSPITAL CORNING IA

EIN: 420782518 501(c)(3) Health Care

PHOENIX, AZ

Total Revenue
$27,892,773
Total Expenses
$23,906,061
Total Assets
$39,279,722
Net Assets
$34,493,124
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1953
Legal Domicile
IA
Principal Officer
TIM BRICKER
Phone
4023434323
Tax Period
2024-07-01 to 2025-06-30

ALEGENT HEALTH-MERCY HOSPITAL CORNING IA, founded in 1953, is a mid-sized nonprofit in the Health Care sector that reported $27.9M in total revenue in fiscal year 2024. Expenses of $23.9M left a modest 14% surplus.

Mission

THE MISSION OF THE CORPORATION IS TO NURTURE THE HEALING MINISTRY OF THE CHURCH, SUPPORTED BY EDUCATION AND RESEARCH.

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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 (2024)

Revenue Breakdown

Contributions & Grants $174,803
Program Service Revenue $26,946,719
Investment Income $301,536
Other Revenue $469,715
TOTAL REVENUE $27,892,773

Expense Breakdown

Grants Paid $68,145
Salaries & Benefits $12,091,005
Fundraising Expenses $0
Program Expenses $22,834,088
Other Expenses $11,746,911
TOTAL EXPENSES $23,906,061

Year-over-Year Comparison

2024 2023 Change
Revenue $27,892,773 $26,776,761 +0.0%
Expenses $23,906,061 $23,104,983 +0.0%
Net Income $3,986,712 $3,671,778 +0.1%
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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Liquidity & Cash Position

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Governance

Voting Members
14
Independent Members
9
Employees
151
Volunteers
9

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
8
$4,477,270
Total Directors
14
$9,551,586
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN PETERSDORF EX-OFFICIO BOARD MEMBER 1.00
Director
$0 $2,099,029 $5,864,923
TIM BRICKER EX-OFFICIO - CENTRAL REGION PRESIDENT 1.00
Officer Director
$0 $288,935 $2,889,751
AHMAD ALCHOMMALI MD PHYSICIAN 1.00
Highest
$8,497 $43,787 $837,075
DAVID JONES MARKET PRESIDENT, REGIONAL HOSPITALS 5.00
Officer
$0 $94,004 $616,729
CAROLINE AMAO MD PHYSICIAN 60.00
Highest
$452,103 $40,322 $492,425
JOHN SAFRANEK MD PHYSICIAN 60.00
Highest
$423,919 $61,421 $485,340
KIRTIBALA GUPTA MD SECRETARY 1.00
Officer Director
$0 $45,016 $407,154
HEATHER MORGAN MD BOARD MEMBER 1.00
Director
$0 $62,438 $389,758
STEVEN FREEMAN MD PHYSICIAN 60.00
Highest
$335,160 $42,660 $377,820
TIM SCHNACK MARKET CFO 5.00
Officer
$0 $48,789 $368,286
TABITHA WILSON MD PHYSICIAN 60.00
Highest
$298,680 $49,004 $347,684
NICK O'TOOL FORMER INTERIM CFO, CHI HEALTH 5.00
$0 $52,737 $346,543
ALICIA REED PRESIDENT, MERCY HOSPITAL CORNING 60.00
Officer
$148,550 $46,800 $195,350
SISTER MAURITA SOUKUP BOARD MEMBER 1.00
Director
$0 $0 $0
SISTER NADINE HEIMANN OSF BOARD MEMBER 1.00
Director
$0 $0 $0
MARDELL WILSON EDD TREASURER 1.00
Officer Director
$0 $0 $0
KENT BARNEY VICE CHAIR 1.00
Officer Director
$0 $0 $0
KELLY BACON BOARD MEMBER 1.00
Director
$0 $0 $0
KEVIN FITZGERALD PHD CHAIR 1.00
Officer Director
$0 $0 $0
LG SEARCEY BOARD MEMBER 1.00
Director
$0 $0 $0
DAVE TAYLOR BOARD MEMBER 1.00
Director
$0 $0 $0
CYNTHIA ALLOWAY BOARD MEMBER 1.00
Director
$0 $0 $0
KATE CUTLER BOARD MEMBER 1.00
Director
$0 $0 $0
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 $27,892,773 $23,906,061 $39,279,722 $3,986,712
2024 No data No data No data No data
2023 $21,613,581 $21,659,636 $29,705,594 $-46,055
2022 $21,848,437 $20,763,990 $31,296,920 $1,084,447
2021 $19,202,937 $19,391,692 $33,702,092 $-188,755
2020 $19,692,764 $18,738,630 $35,243,438 $954,134
2019 $16,225,385 $17,784,765 $23,975,189 $-1,559,380
2018 $18,922,432 $17,516,625 $26,089,123 $1,405,807
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