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Nonprofiteer
← MERCY HEALTH SYSTEM CORPORATION

Form 990 for tax year 2023

Filed by MERCY HEALTH SYSTEM CORPORATION.

Totals

Total revenue
$723,060,516
Total expenses
$669,619,770
Contributions and grants received
$867,920
Grants paid
$0
Program service revenue
$675,122,333
Investment income
$3,137,188
Other revenue
$43,933,075
Total assets, end of year
$936,012,324
Total liabilities, end of year
$382,169,317
Net assets or fund balances, end of year
$553,843,007
Program services expenses (Part IX)
$536,392,287
Management and general expenses
$133,227,483
Fundraising expenses
$0
Program service expenses (Part III)
$536,392,287

Program services were 80.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • SHAHID SHEKHANI

    PHYSICIAN

    Total calculated
    $2,527,480
    From this org
    $2,485,832
    From related orgs
    $0
    Other
    $41,648
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $293,118
    Bonus
    $2,163,864
    Other
    $28,850
    Deferred
    $17,807
    Nontaxable benefits
    $23,841
    Filer's total
    $2,527,480

  • DAVID NELSEN

    PHYSICIAN

    Total calculated
    $1,565,794
    From this org
    $1,511,329
    From related orgs
    $0
    Other
    $54,465
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $688,829
    Bonus
    $800,000
    Other
    $22,500
    Deferred
    $14,060
    Nontaxable benefits
    $40,405
    Filer's total
    $1,565,794

  • IMDAD AHMED

    PHYSICIAN

    Total calculated
    $1,522,956
    From this org
    $1,483,423
    From related orgs
    $0
    Other
    $39,533
    Hours/week
    30

    Schedule J breakdown matched by us

    Base
    $590,452
    Bonus
    $871,321
    Other
    $21,650
    Deferred
    $3,897
    Nontaxable benefits
    $35,636
    Filer's total
    $1,522,956

  • MANISHA GHARIA

    PHYSICIAN

    Total calculated
    $1,356,040
    From this org
    $1,339,347
    From related orgs
    $0
    Other
    $16,693
    Hours/week
    32

    Schedule J breakdown matched by us

    Base
    $384,347
    Bonus
    $925,000
    Other
    $30,000
    Deferred
    $16,158
    Nontaxable benefits
    $535
    Filer's total
    $1,356,040

  • CRAIG LYON

    PHYSICIAN

    Total calculated
    $1,236,668
    From this org
    $1,205,134
    From related orgs
    $0
    Other
    $31,534
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $700,837
    Bonus
    $482,647
    Other
    $21,650
    Deferred
    $3,897
    Nontaxable benefits
    $27,637
    Filer's total
    $1,236,668

  • TODD ANDERSON

    VP/CFO (TERM TERM 01/2025)

    Total calculated
    $978,066
    From this org
    $890,535
    From related orgs
    $0
    Other
    $87,531
    Hours/week
    55 + 8 related

    Schedule J breakdown matched by us

    Base
    $583,582
    Bonus
    $298,099
    Other
    $8,854
    Deferred
    $49,833
    Nontaxable benefits
    $37,698
    Filer's total
    $978,066

  • KIMBERLY SCACCIA

    VP - REVENUE CYCLE

    Total calculated
    $605,673
    From this org
    $545,085
    From related orgs
    $0
    Other
    $60,588
    Hours/week
    55 + 8 related

    Schedule J breakdown matched by us

    Base
    $364,549
    Bonus
    $174,918
    Other
    $5,618
    Deferred
    $28,911
    Nontaxable benefits
    $31,677
    Filer's total
    $605,673

  • JOANNA BENNING

    VICE-PRESIDENT

    Total calculated
    $571,843
    From this org
    $541,630
    From related orgs
    $0
    Other
    $30,213
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $348,564
    Bonus
    $191,103
    Other
    $1,963
    Deferred
    $29,085
    Nontaxable benefits
    $1,128
    Filer's total
    $571,843

  • ALEN BRCIC

    VICE-PRESIDENT (TERM 02/2024)

    Total calculated
    $546,524
    From this org
    $486,302
    From related orgs
    $0
    Other
    $60,222
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $333,355
    Bonus
    $146,095
    Other
    $6,852
    Deferred
    $26,008
    Nontaxable benefits
    $34,214
    Filer's total
    $546,524

  • MARK L GOELZER MD

    DIRECTOR/PHYSICIAN

    Total calculated
    $514,572
    From this org
    $481,051
    From related orgs
    $0
    Other
    $33,521
    Hours/week
    55 + 8 related

    Schedule J breakdown matched by us

    Base
    $246,712
    Bonus
    $227,923
    Other
    $6,416
    Deferred
    $15,657
    Nontaxable benefits
    $17,864
    Filer's total
    $514,572

  • KARA SANKEY

    VICE-PRESIDENT

    Total calculated
    $510,143
    From this org
    $464,898
    From related orgs
    $0
    Other
    $45,245
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $321,109
    Bonus
    $135,509
    Other
    $8,280
    Deferred
    $17,054
    Nontaxable benefits
    $28,191
    Filer's total
    $510,143

  • E PATRICK CRANLEY

    VICE-PRESIDENT

    Total calculated
    $504,222
    From this org
    $443,138
    From related orgs
    $0
    Other
    $61,084
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $284,324
    Bonus
    $145,965
    Other
    $12,849
    Deferred
    $22,978
    Nontaxable benefits
    $38,106
    Filer's total
    $504,222

  • JENNIFER HALLATT

    VICE-PRESIDENT

    Total calculated
    $503,062
    From this org
    $455,216
    From related orgs
    $0
    Other
    $47,846
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $299,855
    Bonus
    $150,762
    Other
    $4,599
    Deferred
    $16,991
    Nontaxable benefits
    $30,855
    Filer's total
    $503,062

  • ALIAKBAR ABDULLA OLIA

    VICE-PRESIDENT

    Total calculated
    $502,477
    From this org
    $446,908
    From related orgs
    $0
    Other
    $55,569
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $287,401
    Bonus
    $148,183
    Other
    $11,324
    Deferred
    $19,627
    Nontaxable benefits
    $35,942
    Filer's total
    $502,477

  • AMY WHITAKER

    VICE-PRESIDENT

    Total calculated
    $402,908
    From this org
    $384,272
    From related orgs
    $0
    Other
    $18,636
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $272,016
    Bonus
    $101,250
    Other
    $11,006
    Deferred
    $17,343
    Nontaxable benefits
    $1,293
    Filer's total
    $402,908

  • LADD UDY

    VICE-PRESIDENT

    Total calculated
    $337,113
    From this org
    $291,010
    From related orgs
    $0
    Other
    $46,103
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $192,271
    Bonus
    $96,708
    Other
    $2,031
    Deferred
    $16,712
    Nontaxable benefits
    $29,391
    Filer's total
    $337,113

  • TYLER KILLPACK

    VICE-PRESIDENT (EFF. 08/2023)

    Total calculated
    $248,551
    From this org
    $209,599
    From related orgs
    $0
    Other
    $38,952
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $176,425
    Bonus
    $33,000
    Other
    $174
    Deferred
    $7,511
    Nontaxable benefits
    $31,441
    Filer's total
    $248,551

  • BRADLEY OLSON

    VICE-PRESIDENT (EFF. 10/2023)

    Total calculated
    $95,785
    From this org
    $89,626
    From related orgs
    $0
    Other
    $6,159
    Hours/week
    55

  • JAVON R BEA

    PRESIDENT/CEO (SEE PAGES 74-80)

    Total calculated
    $22,757,779
    From this org
    $16,001,686
    From related orgs
    $0
    Other
    $6,756,093
    Hours/week
    60 + 8 related

    Schedule J breakdown matched by us

    Base
    $1,816,003
    Bonus
    $0
    Other
    $14,185,683
    Deferred
    $6,738,431
    Nontaxable benefits
    $17,662
    Filer's total
    $22,757,779

  • WESLEY M JOST

    DIRECTOR

    Total calculated
    $13,858
    From this org
    $13,858
    From related orgs
    $0
    Other
    $0
    Hours/week
    1 + 7 related

  • KATHERINE A SCHACK

    DIRECTOR

    Total calculated
    $13,663
    From this org
    $13,663
    From related orgs
    $0
    Other
    $0
    Hours/week
    1 + 7 related

  • THOMAS R POOL

    VICE CHAIR & DIRECTOR

    Total calculated
    $13,500
    From this org
    $13,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    1 + 7 related

  • THOMAS D BUDD

    SECRETARY & TREASURER

    Total calculated
    $13,500
    From this org
    $13,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    1 + 7 related

  • DAVE L SYVERSON

    DIRECTOR

    Total calculated
    $12,932
    From this org
    $12,932
    From related orgs
    $0
    Other
    $0
    Hours/week
    1 + 7 related

  • ROWLAND J MCCLELLAN

    CHAIR & DIRECTOR

    Total calculated
    $23,157
    From this org
    $23,157
    From related orgs
    $0
    Other
    $0
    Hours/week
    1 + 7 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

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 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)

PART I, LINE 3
THE MHSC COMPENSATION COMMITTEE IS COMPRISED OF THE BOARD CHAIRPERSON, VICE CHAIR, AND SECRETARY/TREASURER. THE COMPENSATION COMMITTEE IS ASSISTED BY INDEPENDENT LEGAL COUNSEL AND AN INDEPENDENT COMPENSATION CONSULTANT. THE COMPENSATION COMMITTEE, LEGAL COUNSEL, AND THE COMPENSATION CONSULTANT MEET THROUGHOUT THE YEAR AND REPORT DIRECTLY TO THE FULL BOARD OF DIRECTORS ANNUALLY. THIS PROCESS WAS COMPLETED FOR 2023.
PART I, LINE 4B
INCENTIVE PLAN DISTRIBUTION: JAVON R. BEA - $8,510,830
PART II, LINE 1:
JAVON R. BEA DEFERRED COMPENSATION PAYMENT MR. BEA HAS BEEN EMPLOYED BY MHSC AS PRESIDENT AND CEO OVER THE PAST 36 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 89 FACILITIES IN 50 COMMUNITIES THROUGHOUT SOUTHERN WISCONSIN AND NORTHERN ILLINOIS, INCREASING GROSS REVENUE FROM $33 MILLION TO OVER $4.1 BILLION IN FY2024. THIS HAS ALLOWED THE HEALTH SYSTEM TO GO FROM SERVING 89,000 PATIENTS IN 1989 TO OVER 1.9 MILLION PATIENTS TODAY WORKING TOGETHER WITH OVER 7,500+ PARTNERS IN HEALTH CARE AND OVER 800 EMPLOYED PHYSICIANS. 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 OVER THE YEARS 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 FROM THE PRESIDENT OF THE UNITED STATES IN THE OVAL OFFICE, 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. 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

No itemized grants to organizations 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.

  • JANESVILLE MEDICAL CENTER INC

    C · MANAGEMENT OF UNION EMPLOYEES · WI · 100% owned · share of assets $200 · controlled entity

    Directly controlled by MERCY HEALTH SYSTEM CORPORATION

  • MERCYCARE INSURANCE COMPANY

    C · INSURANCE · WI · 100% owned · share of income $148,513,407 · share of assets $81,869,045 · controlled entity

    Directly controlled by MERCY HEALTH SYSTEM CORPORATION

  • MERCYCARE HMO INC - CONSOLIDATED WITH MERCYCARE INSURANCE CO

    C · INSURANCE · WI · 100% owned · controlled entity

    Directly controlled by MERCY HEALTH SYSTEM CORPORATION

  • ROCKFORD HEALTH INSURANCE LTD

    C · INSURANCE · BD

Provenance

Return type
form_990
Tax year
2023
Filed
15 May 2025
IRS schema version
2023v6.0
Source object
202541359349315964

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