EIN 42-1264647

MercyOne Waterloo Medical Center

IRS 501(c) type
501(c)(3)
Num. employees
2,712
State
Year formed
1985
Most recent tax filings
2023-06-01
NTEE code, primary
Description
MercyOne Waterloo Medical Center offers compassionate, multi-specialty healthcare, emphasizing wellness and community support through comprehensive inpatient and outpatient services.
Related structure
MercyOne Waterloo Medical Center is child organization, under the parent exemption from United States Conference of Catholic Bishops (USCCB).
Also known as...
Covenant Medical Center
Total revenues
$328,841,980
2023
Total expenses
$335,820,032
2023
Total assets
$225,227,682
2023
Num. employees
2,712
2023

Program areas at MercyOne Waterloo Medical Center

Covenant Medical Center in waterloo, Iowa (mercyone waterloo) is a 366-bed, full-service, multi-specialty hospital that provides inpatient and outpatient health care services to support the community's health care needs. Services provided include intensive care; operating and recovery rooms for both inpatient and outpatient surgeries and procedures; an accredited rehabilitation program serving inpatients; accredited cancer and breast care centers; women's health care services including ob/gyn and midwifery, birth Center, and the area's only level ii neonatal intensive care program; comprehensive imaging and radiology services; laboratory; respiratory therapy; cardiovascular services, including general interventional cardiology and electrophysiology and an accredited chest pain Center; and inpatient and outpatient behavioral health services.mercyone waterloo also has physician practices with primary care and specialty physicians, physician assistants, nurse practitioners and numerous health care professionals who share the common goal of providing quality integrated health care services to individuals throughout northeast Iowa. Please See Schedule h and visit our website for additional information about our services and specialtieswwwmercyoneorglocation...

Who funds MercyOne Waterloo Medical Center

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
MercyOne Waterloo FoundationPurchase Equipment$291,774
American Heart Association (AHA)Stroke Education & Awareness$31,000
Cedar Valley United WayProgram Support$11,246

Personnel at MercyOne Waterloo Medical Center

NameTitleCompensation
Robert RitzDirector; Chief Executive Officer Mercy Health Network$0
Kelly RichardsChief Nursing Officer$261,858
Timothy HuberVice President of Finance$288,515
Matthew SojkaVice President , Medical Affairs / Vice President Medical Affairs$460,897
Ryan MeyerVice President Site Administrator / Administration Directr; Former Key Empl / Administration Director - Assistant Administration$13,614
...and 11 more key personnel

Financials for MercyOne Waterloo Medical Center

RevenuesFYE 06/2023
Total grants, contributions, etc.$446,129
Program services$315,718,234
Investment income and dividends$685,327
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$3,101,333
Net gain from sale of non-inventory assets$120,308
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$8,770,649
Total revenues$328,841,980

Form 990s for MercyOne Waterloo Medical Center

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-14990View PDF
2022-062023-05-11990View PDF
2021-062022-07-11990View PDF
2020-062021-05-20990View PDF
2019-062020-09-10990View PDF
...and 9 more Form 990s

Organizations like MercyOne Waterloo Medical Center

OrganizationLocationRevenue
Ascension St Mary's HospitalSt Louis, MO$282,887,507
Flaget Memorial HospitalBardstown, KY$89,413,132
St Joseph Hospital and Health CenterSt Louis, MO$173,820,177
Saint Agnes HospitalSt Louis, MO$558,971,095
St. Vincent Anderson Regional HospitalSt Louis, MO$197,334,860
Mercy Hospital / Mercy Medical CenterRockville Centre, NY$301,259,453
Sacred Heart Hospital of Hospital Sisters of Third Order of St FrancisEau Claire, WI$228,761,644
St. Bernards HealthcareJonesboro, AR$562,278,934
Mercy Hospital Northwest ArkansasRogers, AR$403,981,884
Kenmore Mercy HospitalBuffalo, NY$174,142,129
Data update history
July 21, 2024
Updated personnel
Identified 3 new personnel
July 18, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 10, 2024
Used new vendors
Identified 1 new vendor, including
May 18, 2024
Received grants
Identified 3 new grant, including a grant for $711,045 from MercyOne Waterloo Foundation
July 19, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
HospitalsHealth organizationsChapter / child organizations
Issues
Health
Characteristics
CatholicChristianReligiousLobbyingPartially liquidatedState / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
3421 W Ninth St
Waterloo, IA 50702
Metro area
Waterloo-Cedar Falls, IA
County
Black Hawk County, IA
Website URL
mercyone.org/northeastiowa/ 
Phone
(319) 272-8000
IRS details
EIN
42-1264647
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1985
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
E22: Hospital, General
NAICS code, primary
622: Hospitals
Parent/child status
Child within group exemption
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