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Passes our checks

Mercy Medical Center Foundation North Iowa

EIN 42-1229151 · Mason City, IA

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak41 out of 100GovernanceGood88 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

WE, MERCY HEALTH SERVICES-IOWA AND TRINITY HEALTH, SERVE TOGETHER IN THE SPIRIT OF THE GOSPEL AS A COMPASSIONATE AND TRANSFORMING HEALING PRESENCE WITHIN OUR COMMUNITIES.MERCY MEDICAL CENTER FOUNDATION - NORTH IOWA (THE FOUNDATION) IS A MEMBER OF MERCY HEALTH SERVICES-IOWA AND TRINITY HEALTH.

Income
$617,194
Spending
$1.4 million
Spent on programs
99%
Reserves
1.2 months of spending
Largest source of income
donations and private grants, 87%
Employees
0
Volunteers
7
Highest pay
$389,126, mercyone n. iowa vp finance thr 2/25

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 41 out of 100. Higher than 11% of charities in its peer group (health care, $250k to $1m).

  • Reserves

    10 of 35

    Spendable reserves would cover 1.2 months of spending.

  • Debt

    16 of 20

    It owes 26% of what it owns.

  • Living within its means

    0 of 15

    Spending exceeded income by 125% of income.

  • Income trend

    0 of 15

    Income fell 38% on the year before.

  • Spending floor

    15 of 15

    99% of spending went to programs and raising each dollar of donations cost 1 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 88 out of 100. Higher than 69% of charities in its peer group (health care, $250k to $1m).

  • Independent board

    18 of 25

    3 of 3 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $1.4 million spent. THE FOUNDATION WAS ESTABLISHED IN 1993 AS A 501(C)(3) NONPROFIT ORGANIZATION. THE FOUNDATION GENERATES RESOURCES AND PHILANTHROPIC FUNDS TO STRENGTHEN THE MISSION OF MERCYONE NORTH IOWA MEDICAL CENTER TO CONTINUE THE HEALING MINISTRY OF THE CHURCH AND TO PROMOTE THE WELL-BEING OF PEOPLE IN THE COMMUNITIES SERVED.THE FOUNDATION AWARDS SEVERAL SCHOLARSHIPS ANNUALLY TO NURSING AND OTHER MEDICAL STUDENTS. DURING FISCAL YEAR 2025 THE FOUNDATION AWARDED $11,600 IN MEDICAL SCHOLARSHIPS TO 5 INDIVIDUALS.PLEASE VISIT THE WEBSITE FOR ADDITIONAL INFORMATION: WWW.MERCYONE.ORG/NORTHIOWA/GIVING

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since May 1984.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.