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Mercy Medical Center Cedar Rapids IOWA Endowment Foundation INC

Public charity990-T FY2023
DBA: FOUNDATION INC
Other · CEDAR RAPIDS, IA · EIN 51-0233180

About

Exclusively organized to foster, support, and encourage the mission and activites of mercy medical center.

DBA Foundation INC

Donations are tax-deductible
Category
Other
Employees
7
Volunteers
15

Financial Snapshot

FY ending 2023-06-30
Revenue
$11.3M
Expenses
$17.8M
Assets
$132.8M
Liabilities
$2.8M

Financial history

$17.9M$9.0M$0
1617181920212223
RevenueExpenses
Latest FY2023: $11.3M · Peak FY2022: $17.9M · Avg: $8.6M

Foreign activity (Schedule F)

Total spent abroad$39.1M
Foreign employees0
Foreign offices0
Foreign partnership interestYes
Foreign trust interestNo
RegionActivitySpent
CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS,——

Political & Grant Activity

Campaign Spending
—
Lobbying
—
Grants Given
$16.4M
MERCY MEDICAL CENTER CEDAR RAPIDS IOWA ENDOWMENT FOUNDATION INC
Your actions

Address

701 10TH ST SE
Cedar Rapids, IA, 52403-125

Governance

Voting board members11
Independent members10
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %53.9%
Permanent endowment %46.1%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer ↗
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search ↗
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.