MERCY HOSPITAL IOWA CITY IOWA SELF… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1998

Legal Domicile

Principal Officer

DAN CHILDERS

Phone

3193390300

Tax Period

2024-07-01 to 2025-06-30

Mission

THE TRUST WAS ESTABLISHED TO PROTECT MONEY, PROPERTY, AND OTHER ASSETS CONTRIBUTED BY PARTICIPANTS TO PROVIDE MEDICAL MALPRACTICE AND LIABILITY RESERVES.

Program Service Accomplishments

Program 1

Expenses: $0 Revenue: $0

MERCY HOSPITAL IOWA CITY IOWA SELF INSURANCE PLAN AND TRUST ("THE TRUST") IS A SELF INSURANCE PROGRAM FOR THE BENEFIT OF MHIC. THE TRUST WAS ESTABLISHED TO PROTECT MONEY, PROPERTY, AND OTHER ASSETS CONTRIBUTED BY PARTICIPANTS TO PROVIDE MEDICAL MALPRACTICE AND LIABILITY RESERVES. MERCY HOSPITAL SELF INSURANCE PLAN & TRUST WAS FULLY LIQUIDATED TO SUPPORT THE OPERATIONS OF MHIC AS IT NAVIGATED THE BANKRUPTCY PROCESS AND THEREFORE HAS NO PROGRAM ACTIVITY TO REPORT.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2024	2023	Change
Revenue	N/A	$61,345	-1.0%
Expenses	N/A	$275,424	-1.0%
Net Income	N/A	$-214,079	N/A

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

N/A

Employees

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAN CHILDERS	PRESIDENT/SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
MARC ROSS	FINANCIAL ADVISOR TO MHLT	1.00	Officer	$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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$3,228	$1,138,329	$372,943	$-1,135,101
2022	$77,884	$1,578,305	$492,917	$-1,500,421
2021	$69,709	$51,873	$1,158,513	$17,836
2020	$28,450	$222,107	$1,084,542	$-193,657
2019	$163,494	$343,655	$1,170,990	$-180,161
2018	$112,377	$454,537	$1,187,243	$-342,160

MERCY HOSPITAL IOWA CITY IOWA SELF INSURANCE PLAN AND TRUST