MERCY MEDICAL CENTER - CLINTON INC

EIN: 421336618 501(c)(3) Health Care

CLINTON, IA

Total Revenue
$133,691,497
Total Expenses
$141,427,785
Total Assets
$117,462,769
Net Assets
$73,592,473
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1989
Legal Domicile
DE
Principal Officer
MELLISSA WOOD
Phone
5632445555
Tax Period
2023-07-01 to 2024-06-30

MERCY MEDICAL CENTER - CLINTON INC, founded in 1989, is a major nonprofit in the Health Care sector that reported $133.7M in total revenue in fiscal year 2023.

Mission

TO PROVIDE HEALTH CARE AND HOSPITAL SERVICES

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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 $713,975
Program Service Revenue $127,152,114
Investment Income $929,530
Other Revenue $4,895,878
TOTAL REVENUE $133,691,497

Expense Breakdown

Grants Paid $10,000
Salaries & Benefits $66,866,984
Fundraising Expenses $0
Program Expenses $127,450,414
Other Expenses $74,550,801
TOTAL EXPENSES $141,427,785

Year-over-Year Comparison

2023 2022 Change
Revenue $133,691,497 $127,192,686 +0.1%
Expenses $141,427,785 $143,685,978 0.0%
Net Income $-7,736,288 $-16,493,292 -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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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
4
Independent Members
2
Employees
1066
Volunteers
80

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
$2,873,737
Total Directors
4
$3,814,537
Key Employees
2
$940,896
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARY CORITA HEID RSM DIRECTOR; CHAIR 1.00
Officer Director
$0 $0 $0
ROBERT RITZ DIRECTOR; REGIONAL PRESIDENT & CEO 1.00
Director
$0 $78,438 $2,103,598
LINDA ROSS DIR; CHIEF LEGAL OFFICER TRINITY 1.00
Director
$0 $74,429 $1,710,939
MAURITA SOUKUP RSM DIRECTOR 1.00
Director
$0 $0 $0
HEATHER CAMPBELL SEC; CHIEF LEGAL OFFICER MERCYONE 1.00
Officer
$0 $63,610 $677,643
KAY TAKES PRESIDENT EASTERN IOWA REGION 25.00
Officer
$0 $62,623 $754,312
MICHAEL WEGNER TREAS & PRES CENTRAL IOWA THRU 12/23 1.00
Officer
$0 $65,930 $1,084,868
KIM DUWE VP FINANCE EASTERN IA REG THR 12/23 20.00
Officer
$0 $52,715 $356,914
TERRI DONOVAN PAID BY MGMT CO TREASURER/INTERIM VP FINANCE AT 1/24 1.00
Officer
$0 $0 $0
W ASHTON NICKLES DPM CMO AS OF 9/23; PODIATRIST 50.00
Key Emp
$396,763 $52,568 $603,094
MELLISSA WOOD CHIEF OPERATING AND NURSING OFFICER 49.00
Key Emp
$0 $17,066 $337,802
SAADI ALBAGHDADI MD PHYSICIAN, CARDIOLOGY 50.00
Highest
$1,103,475 $27,361 $1,130,836
MARK LEDING DO PHYSICIAN, ANESTHESIOLOGY 50.00
Highest
$665,285 $50,885 $716,170
ALI ALBAGHDADI MD PHYSICIAN, CARDIOLOGY 50.00
Highest
$703,931 $45,945 $749,876
MOUSTAFA EL KHATIB MD PHYSICIAN, GENERAL SURGERY 50.00
Highest
$577,263 $45,874 $623,137
ROBERT MAGNUS MD PHYSICIAN, ORTHOPEDIC SURGERY 50.00
Highest
$569,882 $50,370 $620,252
RODNEY SCHLADER FORMER OFFICER 0.00
$0 $313,726 $899,269
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 $133,691,497 $141,427,785 $117,462,769 $-7,736,288
2023 $127,192,686 $143,685,978 $116,236,323 $-16,493,292
2022 $149,030,569 $150,338,173 $129,200,975 $-1,307,604
2021 $143,976,006 $140,696,897 $142,553,090 $3,279,109
2020 $139,086,884 $138,753,510 $151,013,221 $333,374
2019 $99,272,873 $101,426,892 $133,398,596 $-2,154,019
2018 $100,764,646 $104,238,621 $138,340,107 $-3,473,975
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