Mercy Medical Center - Centerville

“The sole member of mercyone centerville is catholic health initiatives - iowa. See line 7 for additional information.”

“Catholic health initiatives - iowa is the sole member of mercyone centerville. Catholic health initiatives - iowa has the right to appoint all persons to the board of directors of mercyone centerville.”

“As sole member, catholic health initiatives - iowa must approve certain decisions of the governing body, including the strategic plan, annual capital plan, and annual operating budget. Catholic health initiatives - iowa must also approve significant changes such as a merger, dissolution, sale of assets in excess of certain limits, and modifications to governing documents. As the parent of the national trinity health system, certain powers are reserved to trinity health corporation. These include the authority to adopt or modify the organization's governing documents, to approve major changes such as a merger or dissolution, and to approve significant finance matters in excess of certain limits established by trinity health corporation.”

“Prior to filing, the form 990 for mercyone centerville is reviewed by senior management. In addition, certain key sections of the form are reviewed by the board of directors. Each member of the board receives a copy of the return in its final form before it is filed with the internal revenue service.”

“Mercyone centerville has adopted trinity health's governance policy no. 1, which sets forth the organization's conflict of interest policy and processes. It applies to all "interested persons" of mercyone centerville, which includes directors, principal officers, key employees, and members of committees with board-designated powers. Interested persons are expected to discharge their duties in a manner the person reasonably believes to be in the best interests of mercyone centerville and to avoid situations involving a conflict of interest. On an annual basis, interested persons are required to complete a conflict of interest disclosure statement and to affirm their receipt of the conflict of interest policy, compliance with its requirements, and agree to notify the organization of changes impacting their annual disclosure in accordance with the policy. The annual disclosures are provided to the integrity and compliance officer, who collaborates with internal legal counsel to assess the conflict and identify a conflict management plan when necessary. Additionally, the integrity and compliance officer along with legal counsel prepares a report for the board chair and ceo. A summary of potential conflicts is reviewed with the board of directors of mercyone centerville (or a delegated committee of the board) on a yearly basis. Interested persons are required to make full disclosure to mercyone centerville of any financial or business interests that might result in or have the appearance of a conflict of interest. The board of directors of mercyone centerville (or a delegated committee of the board) is responsible for the review of transactions to determine whether an actual conflict of interest exists. In the event of an actual conflict, the board (or a delegated committee of the board) will either avoid the conflict or appropriately scrutinize the transaction to ensure it is in the best interests of mercyone centerville. Interested persons are required to recuse themselves from discussion and voting on matters involving a conflict of interest. The policy further addresses the proper documentation of the proceedings and potential disciplinary and corrective action for violations of the policy. The policy is available to the public upon request.”

“Part vi, line 15a and b: the organization uses a third-party consultant to survey compensation trends annually and to recommend compensation ranges for the president and certain officers. These recommendations are presented to the board for final determination and approval. The salaries are compared to industry standards and guidelines for appropriateness. Part vi, line 15b: the compensation for certain other officers of mercyone centerville is established by trinity health, a related organization. In establishing this compensation, trinity health follows a process and policy that is intended to mirror the irc section 4958 guidelines for obtaining a "rebuttable presumption of reasonableness" with regard to compensation and benefits. As part of that process, these compensation and benefits are reviewed at least annually by the trinity health board or the trinity health human resources and compensation committee (hrcc) of the board, authorized to act on behalf of the board with respect to certain compensation matters. As part of its review process, the hrcc retains an independent firm experienced in compensation and benefit matters for not-for-profit health care organizations to advise it in the determinations it makes on the reasonableness of proposed compensation and benefits arrangements. For other executives who are not part of the rebuttable presumption process, trinity health uses a market analysis to determine the appropriateness of the executive's compensation.”

“Mercyone centerville is a subsidiary organization in the trinity health system. Trinity health makes certain of its key documents available to the public on its website, www.trinity-health.org, in the "about us" section. In this section, the consolidated audited financial statements are publicly available. In addition, mercyone centerville includes a copy of its most recently filed schedule h on trinity health's website. Mercyone centerville's governing documents and conflict of interest policy are available upon request.”

“Vicky arndorfer is a member of the religious sisters of mercy. Having taken a vow of poveerty, sister vicky did not receive compensation for the chaplain services she provided to mercy health services - iowa (mercyone new hampton), a related organization. Instead, a total of $6,000 was paid by mercyone new hampton directly to the religious sisters of mercy for sister vicky's services. Sister vicky also received room and board from mercyone new hampton.”

“Contract labor: program service expenses 795,349. Management and general expenses 145,534. Fundraising expenses 0. Total expenses 940,883. Medical specialist fees: program service expenses 2,876,373. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,876,373. Medical services: program service expenses 104,685. Management and general expenses 0. Fundraising expenses 0. Total expenses 104,685. Miscellaneous purchased services: program service expenses 883,014. Management and general expenses 13,114. Fundraising expenses 0. Total expenses 896,128. Consulting services: program service expenses 26,175. Management and general expenses 6,033. Fundraising expenses 0. Total expenses 32,208. Collection services: program service expenses 8,223. Management and general expenses 21,030. Fundraising expenses 0. Total expenses 29,253. Recruiting services: program service expenses 67,253. Management and general expenses 8,359. Fundraising expenses 0. Total expenses 75,612. Laundry and linen services: program service expenses 15,077. Management and general expenses 0. Fundraising expenses 0. Total expenses 15,077.”

“Individuals who work at mercyone centerville are on the payroll of a related organization. These individuals' salaries and benefits are allocated to mercyone centerville and are reported on part ix, lines 5 through 9.”

“Asset impairment -74,593.”

“Mercyone centerville's financial statements were included in the fy24 consolidated financial statements of trinity health, which were audited by an independent public accounting firm.”

“St. Joseph's mercy hospital, centerville, iowa mercyone centerville medical center”