Dubuque Mercy Health Foundation
- Assets
- $6.7m
- Revenue
- $2.3m
- Investments
- $3.5m
- Employees
- 0
- Location
- Dubuque, IA
- Founding
- 09/2008
- Data as of
- 06/2021
- EIN
- 26-2227941
Organization Overview
Dubuque Mercy Health Foundation, operating under the name Mercyone Dubuque Foundation, is located in Dubuque, IA. The organization was established in 2008. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mercyone Dubuque Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Mercyone Dubuque Foundation generated $2.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 14.3% each year . All expenses for the organization totaled $2.4m during the year ending 06/2021. While expenses have increased by 0.5% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SUPPORT FOR THE PROGRAMS OF MERCYONE DUBUQUE MEDICAL CENTER
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE DUBUQUE MERCY HEALTH FOUNDATION (THE FOUNDATION) PROVIDES PHILANTHROPIC SUPPORT TO MERCYONE DUBUQUE MEDICAL CENTER THROUGH CONTRIBUTIONS FROM LOCAL BUSINESSES, CORPORATIONS, EMPLOYEES, PHYSICIANS AND INDIVIDUALS. THE FOUNDATION IS GOVERNED BY A VOLUNTEER BOARD OF DIRECTORS WHO ENSURE FISCAL RESPONSIBILITY WHILE OVERSEEING THE PROVISION OF FUNDS FOR MUCH NEEDED EQUIPMENT, PROGRAMS AND SERVICES. FUNDS RAISED DURING THE ANNUAL BLACK AND WHITE GALA SUPPORTED THE CANCER CENTER.PLEASE VISIT THE WEBSITE FOR ADDITIONAL INFORMATION:WWW.MERCYONE.ORG/DUBUQUE/GIVING/MERCYONE-DUBUQUE-FOUNDATION/
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Hafkemeyer Director; Executive Director | OfficerTrustee | 30 | $0 |
Todd Geisler Director; Chair | OfficerTrustee | 1 | $0 |
Scott Mcguire Director; Vice Chair | OfficerTrustee | 1 | $0 |
Becky Conlon Director; Treasurer | OfficerTrustee | 1 | $0 |
Deb Mueller Director; Secretary | OfficerTrustee | 1 | $0 |
Kim Duwe VP Finance Eastern Iowa Region | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $99,735 |
| Related organizations | $416,265 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,719,423 |
| Noncash contributions included in lines 1a–1f | $192,912 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,235,423 |
| Total Program Service Revenue | $0 |
| Investment income | $83,673 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $25,956 |
| Net Income from Fundraising Events | -$18,721 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,326,331 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,985,791 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $148,968 |
| Compensation of current officers, directors, key employees. | $44,690 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $130,909 |
| Advertising and promotion | $0 |
| Office expenses | $46,720 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $85,966 |
| Total functional expenses | $2,398,354 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,599,929 |
| Pledges and grants receivable | $1,531,969 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $3,535,701 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,667,599 |
| Accounts payable and accrued expenses | $24,043 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $24,043 |
| Net assets without donor restrictions | $1,538,307 |
| Net assets with donor restrictions | $5,105,249 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $6,667,599 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Dubuque Mercy Health Foundation has recieved totaling $287,689.
| Awarding Organization | Amount |
|---|---|
Major League Baseball Charities Inc New York, NY PURPOSE: GENERAL PURPOSE | $214,910 |
Community Foundation Of Greater Dubuque Dubuque, IA PURPOSE: HEALTH | $18,552 |
GreenState Credit Union UNION North Liberty, IA PURPOSE: Mercy-One Fund | $16,667 |
Community Foundation Of Greater Dubuque Dubuque, IA PURPOSE: COMMUNITY SUPPORT | $13,610 |
Dupaco Community Credit Union Dubuque, IA PURPOSE: General Support | $10,450 |
Klauer Foundation Trust Chicago, IL PURPOSE: GENERAL | $7,500 |
Endowment Analysis
| Beg. Balance | $322,869 |
| Earnings | $112,735 |
| Ending Balance | $435,604 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Roofers Local 96 Health & Welfare Fund Bloomington, MN | $17,573,620 | $18,996,626 |
Vollrath Company Employee Health & Welfare Benefit Trust Sheboygan, WI | $1,493,056 | $18,329,364 |
Cmc Foundation Of Central Texas St Louis, MO | $62,748,063 | $28,416,525 |
Northern Minnesota-Wisconsin Area Retail Food Health & Welfare Fund Duluth, MN | $9,554,218 | $16,178,140 |
Saint Lukes Foundation Kansas City, MO | $267,580,144 | $14,180,351 |
Southern Illinois Laborers & Empl Health & Welfare Fund Marion, IL | $23,536,245 | $17,167,946 |
Cardinal Glennon Childrens Foundation St Louis, MO | $175,256,703 | $38,879,675 |
Manatts Inc Group Health Plan & Tr Brooklyn, IA | $3,919,154 | $13,220,530 |
Twin Cities Bakery Workers Health And Welfare Fund Saint Paul, MN | $3,154,286 | $12,238,958 |
Health & Welfare Fund Of Cedar Rapids Iowa V A Local 125 Cedar Rapids, IA | $31,419,781 | $18,589,909 |
Nebraska Methodist Hospital Foundation Omaha, NE | $173,830,201 | $26,097,640 |
Stagehands Union Local No 2 Health And Welfare Fund Oak Brook, IL | $8,693,853 | $9,920,428 |