Public Charity

MERCY HEALTH CORPORATION

Based in ROCKFORD, IL, MERCY HEALTH CORPORATION operates as a Public Charity. The organization reported $32.4M in revenue, $7.8M in expenses, $1.3B in total assets for fiscal year 2025.

EIN: 472158680 ROCKFORD, IL Public Foundations NTEE: T30 Latest filing: 2025
Total Revenue$32.4M
Total Expenses$7.8M
Total Assets$1.3B
Grants Given0
Filing Years2021–2025

Mission

THE MISSION OF MERCY HEALTH CORPORATION (MHC) IS "EXCEPTIONAL HEALTH CARE SERVICES WITH A PASSION FOR MAKING LIVES BETTER." THE FOUNDATION OF THIS MISSION IS BASED ON A VISION OF QUALITY: EXCELLENCE IN PATIENT CARE; SERVICE: EXCEPTIONAL PATIENT AND CUSTOMER CARE; PARTNERING: BEST PLACE TO WORK; AND COST: COST-EFFECTIVE CARE, ALONG WITH A COMMITMENT TO THE VALUES OF HEALING IN THE BROADEST SENSE, PATIENTS COME FIRST, TREAT EACH OTHER LIKE FAMILY AND ALWAYS SEEK EXCELLENCE.

Officers & Directors

DIRECTOR (EFF. 10/2024) Carlos S Arevalo
DIRECTOR Dave L Syverson
PRESIDENT/CEO (SEE PAGES 30-31) Javon R Bea
VICE CHAIR & DIRECTOR Katherine A Schack
VP - REVENUE CYCLE (TERM 09/2025) Kimberly Scaccia
DIRECTOR/PHYSICIAN Mark L Goelzer Md

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $32.4M $7.8M $1.3B
2024 $148.2M $6.7M $1.3B
2023 $8.7M $6.1M $1.2B
2022 $7.3M $6.1M $1.2B
2021 $10.3M $5.2M $1.2B

Between 2021 and 2025, reported annual revenue grew from $10.3M to $32.4M (+215%), with total assets most recently reported at $1.3B.

Interactive year-over-year charts and full filing details available with membership.

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