Skip to content
Nonprofiteer
← MERCYHEALTH DEVELOPMENT FOUNDATION INC

Form 990 for tax year 2022

Filed by MERCYHEALTH DEVELOPMENT FOUNDATION INC.

Totals

Total revenue
$2,169,295
Total expenses
$1,359,979
Contributions and grants received
$1,728,766
Grants paid
$1,020,816
Program service revenue
$0
Investment income
$512,662
Other revenue
-$72,133
Total assets, end of year
$43,337,005
Total liabilities, end of year
$575,709
Net assets or fund balances, end of year
$42,761,296
Program services expenses (Part IX)
$1,157,772
Management and general expenses
$113,817
Fundraising expenses
$88,390
Program service expenses (Part III)
$1,157,772

Program services were 85.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $335,488

  • 1d · Related organizations

    $131,479

  • 1e · Government grants (contributions)

    $48,772

  • 1f · All other contributions, gifts and grants

    $1,213,027

  • 1g · Noncash contributions included above

    $106,479

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $84,546 · excluded $84,546

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7a · Gross sales of assets other than inventory

    securities $21,547,137

  • 7b · Less cost or other basis and sales expenses

    securities $21,119,021

  • 7c · Gain or loss

    securities $428,116 · other assets $0

  • 7d · Net gain or loss

    total $428,116 · excluded $428,116

  • 8a · Fundraising events: gross income

    $0

  • 8a · Fundraising events: contributions included on line 1c

    $335,488

  • 8b · Fundraising events: direct expenses

    $92,360

  • 8c · Net income from fundraising events

    total -$92,360 · excluded -$92,360

  • 9a · Gaming: gross income

    $20,267

  • 9b · Gaming: direct expenses

    $40

  • 9c · Net income from gaming

    total $20,227 · excluded $20,227

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $882,806 · program services $882,806

  • 2 · Grants to domestic individuals

    total $31,531 · program services $31,531

  • 3 · Grants to foreign organizations and individuals

    total $106,479 · program services $106,479

  • 7 · Other salaries and wages

    total $166,054 · program services $66,422 · management and general $59,779 · fundraising $39,853

  • 8 · Pension plan contributions

    total $16,602 · program services $6,641 · management and general $5,977 · fundraising $3,984

  • 9 · Other employee benefits

    total $28,359 · program services $12,692 · management and general $8,411 · fundraising $7,256

  • 10 · Payroll taxes

    total $15,870 · program services $6,348 · management and general $5,713 · fundraising $3,809

  • 11f · Fees: investment management

    total $30,531 · management and general $30,531

  • 11g · Fees: other

    total $473 · program services $473 · management and general $0 · fundraising $0

  • 12 · Advertising and promotion

    total $204 · fundraising $204

  • 13 · Office expenses

    total $4,318 · program services $1,328 · management and general $1,652 · fundraising $1,338

  • 14 · Information technology

    total $25,430 · program services $25,304 · management and general $0 · fundraising $126

  • 17 · Travel

    total $3,887 · program services $1,555 · management and general $1,399 · fundraising $933

  • 19 · Conferences, conventions and meetings

    total $1,111 · program services $667 · management and general $222 · fundraising $222

  • 24a · Other expenses: MINOR EQUIPMENT

    total $2,636 · program services $1,977 · management and general $132 · fundraising $527

  • 24b · Other expenses: Special Event Expenses

    total $30,138 · fundraising $30,138

  • 24e · All other expenses

    total $13,550 · program services $13,549 · management and general $1 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,429,324 · end of year $2,326,096

  • 2 · Savings and temporary cash investments

    beginning of year $1,785,042 · end of year $2,427,331

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 10a · Land, buildings and equipment: cost or other basis

    $0

  • 10b · Land, buildings and equipment: accumulated depreciation

    $0

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $23,975,534 · end of year $26,283,629

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $11,857,411 · end of year $12,299,949

  • 17 · Accounts payable and accrued expenses

    beginning of year $790,577 · end of year $63,146

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $350,516 · end of year $512,563

  • 27 · Net assets without donor restrictions

    beginning of year $20,859,550 · end of year $20,786,611

  • 28 · Net assets with donor restrictions

    beginning of year $18,046,668 · end of year $21,974,685

Mission and programs · 2022

Mission

The Mission of Mercy Health System (MHS) is "Exceptional health care services with a passion for making lives better". With a vision of quality - excellence in patient care, service - exceptional patient and customer care, partnering - best place to work and - cost-effective care and a commitment to the values of: healing in the broadest sense, patients come first, treat each other like family and always seek excellence. The Mercyhealth Development Foundation, Inc. assists in this mission by using its resources to support all affiliated entities to help them fulfill their commitment to this mission.

Activities or mission (Part I)

Mercyhealth Development Foundation, Inc. has a mission to provide assistance to all entities of the Mercy Health System (MHS) by receiving, maintaining, and administering funds received from the public and other available resources to further the exempt purpose of these non-profit 501(c)(3) organizations and to support the MHS mission of "Exceptional health care services with a passion for making lives better".

  • IN FY2023 ENDOWMENTS AND RESTRICTED FUNDS PROVIDED EDUCATION INCLUDING TRAINING AND CONFERENCES FOR HOSPITALISTS. IN ADDITION, RESTRICTED GIFTS AND ENDOWMENTS HELPED FUND PATIENT EXPENSES FOR INDIGENT INDIVIDUALS, MEALS FOR CANCER PATIENTS UNDERGOING TREATMENT AND EQUIPMENT/ITEMS NEEDED IN THE NICU THROUGHOUT THE SYSTEM. DONATIONS FROM THE AUXILIARY ASSISTED WITH CARE ON THE CARE MOBILE, NURSING SCHOLARSHIPS FOR MINORITY STUDENTS, PET THERAPY, RADIOLOGY SCHOOL ASSISTANCE, NEW TREADMILLS FOR CARDIOLOGY REHAB AND VARIOUS IMPROVEMENT PROJECTS.

    Expenses $675,094 · Grants $675,094

  • THROUGH CHARITABLE CONTRIBUTIONS, THE FOUNDATION SUPPORTS THE RONALD MCDONALD CARE MOBILE STAFFED AND OPERATED BY MERCYHEALTH EMPLOYEES, WHICH PROVIDES FREE MEDICAL CARE TO UNINSURED AND UNDERINSURED CHILDREN AT MORE THAN 12 DIFFERENT SITES IN NORTHERN ILLINOIS AND SOUTHERN WISCONSIN. THE CARE MOBILE VISITS INCLUDE VACCINATIONS, LEAD OR BLOOD SCREENINGS, MEDICAL DIAGNOSES, AND TREATMENT/CARE TO AVOID AN EMERGENCY ROOM VISIT. AN ANNUAL CHARITY BALL FUNDRAISER BENEFITS THE HOUSE OF MERCY: A HOMELESS SHELTER IN JANESVILLE. IN FY2022 THE HOUSE OF MERCY PROVIDED 8,135 SHELTER NIGHTS. A TOTAL OF 193 INDIVIDUALS (134 ADULTS AND 59 CHILDREN) WERE SERVED. OTHER FUNDRAISERS WHOSE PROCEEDS BENEFITED THE HOUSE OF MERCY INCLUDE: BOOK SALE FUNDRAISERS, HOLIDAY ADOPT-A-FAMILY AND JEANS DAYS.

    Expenses $289,253 · Grants $289,253

  • THE PARTNER CRISIS FUND RAISED FUNDS IN FY23 FOR AN EMPLOYEE CRISIS FUND. THE CRISIS FUND PROVIDES ASSISTANCE TO EMPLOYEES WHO HAVE EXPERIENCED A CRISIS SUCH AS A FLOOD OR FIRE IN THEIR HOME OR A SEVERE ILLNESS, INJURY OR DEATH OF A SPOUSE OR CHILD. MERCYHEALTH DEVELOPMENT FOUNDATION, INC. PROVIDED FUNDING ASSISTANCE FOR PATIENT CARE EXAMS AND THERAPIES, CLASSES, AND EQUIPMENT AS WELL AS PROVIDED INDIGENT INDIVIDUALS/FAMILIES WITH RENT ASSISTANCE AND TRANSPORTATION COSTS (BUS TOKENS). DONATIONS WERE ALSO USED TO ASSIST MERCYHEALTH AT HOME, A RELATED ORGANIZATION, IN CARING FOR THE ELDERLY, THE HOMEBOUND, THE RECOVERING AND THOSE FACING END OF LIFE. ADDITIONAL DONATIONS ARE ALSO USED TO FUND THE AUTISM SUPPORT PROGRAM, 23 INDIVIDUALS WERE ASSISTED IN FY23 THROUGH THAT PROGRAM.

    Expenses $56,469 · Grants $56,469

  • Remaining Program Services.

    Expenses $136,956

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Javon R Bea

    President/CEO (SEE SCHEDULE J, pages 49-50)

    Total calculated
    $11,561,020
    From this org
    $0
    From related orgs
    $11,130,143
    Other
    $430,877
    Hours/week
    1 + 66 related

    Schedule J breakdown matched by us

    Base
    $0 + $2,193,820 related
    Bonus
    $0 + $1,660,233 related
    Other
    $0 + $7,276,090 related
    Deferred
    $0 + $413,098 related
    Nontaxable benefits
    $0 + $17,779 related
    Filer's total
    $0 + $11,561,020 related

  • Patrick OKeefe

    CHAIRPERSON

    Total calculated
    $0
    Hours/week
    3

  • Candy Thompson

    director

    Total calculated
    $0
    Hours/week
    2

  • Deb Fortune

    director

    Total calculated
    $0
    Hours/week
    3

  • Dr Maryanne Miller

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Eric Thornburg

    director

    Total calculated
    $0
    Hours/week
    1

  • Kathy Weber

    director

    Total calculated
    $0
    Hours/week
    1

  • Marc Barbeau

    director

    Total calculated
    $0
    Hours/week
    1

  • Mark L Goelzer MD

    Director/Physician

    Total calculated
    $533,652
    From this org
    $0
    From related orgs
    $504,123
    Other
    $29,529
    Hours/week
    1 + 61 related

    Schedule J breakdown matched by us

    Base
    $0 + $312,319 related
    Bonus
    $0 + $187,404 related
    Other
    $0 + $4,400 related
    Deferred
    $0 + $12,200 related
    Nontaxable benefits
    $0 + $17,329 related
    Filer's total
    $0 + $533,652 related

  • Mitchell Sheley

    director

    Total calculated
    $0
    Hours/week
    1

  • Kimberly Scaccia

    VP - Revenue Cycle

    Total calculated
    $564,224
    From this org
    $0
    From related orgs
    $499,300
    Other
    $64,924
    Hours/week
    1 + 61 related

    Schedule J breakdown matched by us

    Base
    $0 + $314,004 related
    Bonus
    $0 + $147,040 related
    Other
    $0 + $38,256 related
    Deferred
    $0 + $21,669 related
    Nontaxable benefits
    $0 + $43,255 related
    Filer's total
    $0 + $564,224 related

  • Todd Anderson

    VICE PRESIDENT/CFO

    Total calculated
    $905,304
    From this org
    $0
    From related orgs
    $828,491
    Other
    $76,813
    Hours/week
    1 + 61 related

    Schedule J breakdown matched by us

    Base
    $0 + $564,084 related
    Bonus
    $0 + $252,851 related
    Other
    $0 + $11,556 related
    Deferred
    $0 + $40,746 related
    Nontaxable benefits
    $0 + $36,067 related
    Filer's total
    $0 + $905,304 related

  • James Davis

    former VICE-PRESIDENT

    Total calculated
    $248,165
    From this org
    $0
    From related orgs
    $213,871
    Other
    $34,294
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0 + $79,369 related
    Bonus
    $0
    Other
    $0 + $134,502 related
    Deferred
    $0 + $4,471 related
    Nontaxable benefits
    $0 + $29,823 related
    Filer's total
    $0 + $248,165 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation
COMPENSATION FOR EXECUTIVES, INCLUDING THE TOP MANAGEMENT OFFICIAL, IS GOVERNED BY THE MHC BOARD OF DIRECTORS (A RELATED ORGANIZATION AND SOLE CORPORATE MEMBER OF MHDF). THE MHC BOARD HAS ESTABLISHED A TOTAL COMPENSATION PHILOSOPHY THAT DIRECTS THE COMPENSATION PRACTICES FOR ALL EXECUTIVES FROM ALL RELATED ENTITIES (INCLUDING MHDF) THIS BOARD HAS ESTABLISHED A COMPENSATION COMMITTEE TO ESTABLISH AND REVIEW ALL EXECUTIVE COMPENSATION ANNUALLY BASED ON THE ESTABLISHED PHILOSOPHY. AN INDEPENDENT EXTERNAL EXECUTIVE COMPENSATION FIRM PROVIDES CONSULTING ON MHC (INCLUDING MHDF) SALARY RANGES AND COMPENSATION PHILOSOPHY. THE APPROPRIATE PEER GROUP FOR COMPENSATION COMPARISON PURPOSES IS OTHER NOT-FOR-PROFIT HEALTHCARE SYSTEMS SIMILAR IN SIZE AND COMPLEXITY. MHC GENERALLY CONDUCTS AN ANALYSIS OF TOTAL COMPENSATION EVERY THREE YEARS BUT MAY CHOOSE TO VARY FROM THIS SCHEDULE AS DETERMINED BY THE COMPENSATION COMMITTEE. THE MHDF BOARD OF DIRECTORS CONCEDES THE AUTHORITY TO SET COMPENSATION TO MHC AS THE SOLE CORPORATE MEMBER THIS PROCESS WAS LAST COMPLETED IN 2022.
Schedule J, Part I, Line 4a Severance or change-of-control payment
James Davis received 26 weeks severance pay $119,025 in 2022.
Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan
INCENTIVE PLAN DISTRIBUTION: JAVON R. BEA - $4,953,609 Todd Anderson participated in the 457(f) plan during Calendar year 2022. However, he did not receive a payout during calendar year 2022.
Schedule J, Part II Line 1
JAVON R. BEA - DEFERRED COMPENSATION PAYMENT MR. BEA HAS BEEN EMPLOYED BY MHSC AS PRESIDENT AND CEO OVER THE PAST 30 YEARS. DURING THIS TIME, MR. BEA HAS LED AN INCREDIBLE TRANSFORMATION TAKING A SMALL, SINGLE, STAND-ALONE COMMUNITY HOSPITAL AND CREATING A VERTICALLY INTEGRATED HEALTH SYSTEM WITH 85 FACILITIES IN 50 COMMUNITIES THROUGHOUT SOUTHERN WISCONSIN AND NORTHERN ILLINOIS, INCREASING GROSS REVENUE FROM $33 MILLION TO OVER $3.6 BILLION IN FY2023. THIS HAS ALLOWED THE HEALTH SYSTEM TO GO FROM SERVING 89,000 PATIENTS IN 1989 TO OVER 1.8 MILLION PATIENTS TODAY WORKING TOGETHER WITH OVER 7,500+ PARTNERS IN HEALTH CARE. TODAY, MHSC HAS BECOME THE LARGEST EMPLOYER IN SOUTHERN WISCONSIN AND NORTHERN ILLINOIS. THIS GROWTH CAN BE ATTRIBUTED TO MR. BEA'S VISIONARY LEADERSHIP. LEADERSHIP THAT HAS LED TO MHSC RECEIVING NUMEROUS NATIONAL RECOGNIZED AWARDS INCLUDING BEING NAMED THE FIRST FULLY INTEGRATED HEALTH SYSTEM TO RECEIVE THE MALCOLM BALDRIGE NATIONAL QUALITY AWARD, THE MAGNET RECOGNITION AWARD, BEING RANKED #1 AND #2 ON AARP'S TOP 100 BEST PLACES TO WORK FOR WORKERS OVER 50, AND BEING RANKED IN THE TOP 25 ON THE TOP 100 INTEGRATED HEALTHCARE NETWORKS LIST BY MODERN HEALTHCARE FOR OVER 12 STRAIGHT YEARS. THE TURNAROUND OF MHSC IMPLEMENTED BY MR. BEA IS UNPARALLELED. BY PIONEERING A "PARTNERSHIP MODEL" OF COMPENSATION AND DESIGNING A CUSTOM CULTURE OF EXCELLENCE, MR. BEA IS VITAL TO THE DECADES-LONG AND CONTINUING GROWTH AT MHSC. THIS SUCCESS HAS MADE MR. BEA A HIGHLY SOUGHT AFTER SPEAKER AND CONSULTANT AS HE IS NOW WELL-RENOWNED FOR HIS INNOVATIONS IN THE AREAS OF INTEGRATED HEALTHCARE AND PHYSICIAN PARTNERSHIP MODELS. THE TREMENDOUS SUCCESS OF MHSC UNDER THE LEADERSHIP OF MR. BEA HAS ALLOWED HIM TO RECEIVE PAYOUTS FROM A DEFERRED COMPENSATION PACKAGE WHICH MHSC HAS BEEN PAYING INTO OVER MANY YEARS. THESE PAYMENTS ONLY BECAME PAYABLE IF MHSC ATTAINED CERTAIN DEFINED FINANCIAL AND STRATEGIC GOALS AND THE AMOUNTS ARE AT RISK EVERY SINGLE YEAR. AS INDICATED ABOVE, MANY OF THESE GOALS WERE ACHIEVED WITHIN THE PAST few YEARS RESULTING IN A RELEASE OF THESE DEFERRED PAYMENTS WHICH IMPACTED MR. BEA'S COMPENSATION REPORTING. THE SETTING OF THESE GOALS WERE LAID OUT BY THE BOARD OF DIRECTORS IN COOPERATION WITH NATIONALLY RECOGNIZED COMPENSATION ATTORNEYS AND CONSULTANTS TO MAKE SURE ALL FACTORS WERE TAKEN INTO CONSIDERATION. MR. BEA'S COMPENSATION HAS ALSO BEEN SCRUTINIZED BY NUMEROUS OUTSIDE ORGANIZATIONS AND MOST IMPORTANTLY, THE INTERNAL REVENUE SERVICE; AND HAS PASSED INSPECTION IN EACH CASE. TOTAL COMPENSATION IS APPROVED ANNUALLY BY THE BOARD OF DIRECTORS OF MHSC.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

Provenance

Return type
form_990
Tax year
2022
Filed
15 May 2024
IRS schema version
2022v5.0
Source object
202411369349317426

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.