Mission
PRIOR TO CLOSURE, MHIC HEALED AND COMFORTED THE SICK AND WORKED TO IMPROVE THE HEALTH OF THE COMMUNITY IN THE SPIRIT OF JESUS CHRIST AND THE CATHOLIC TRADITION OF THE SISTERS OF MERCY.
Public Charity
MHIC
MHIC, of IOWA CITY, IA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $11.3M in revenue, $4.9M in expenses, $10.3M in total assets. 12 publicly reported grants to this organization, totaling roughly $5.6M, appear in IRS filings.
EIN: 420680391
IOWA CITY, IA
General Hospitals
NTEE: E22
Latest filing: 2025
Total Revenue$11.3M
Total Expenses$4.9M
Total Assets$10.3M
Grant Records12
Funding Total$5.6M
Filing Years2021–2025
Where $100 goes at Mhic
How Mhic divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$69
Programs
the work itself
$31
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $69 for programs
$69
Hospital services
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
stroke prevention programs
$20,000
STROKE EDUCATION & AWARENESS
$20,000
Facilities improvements, medical equipment, patient comfort items, and education materials
$110,521
STROKE EDUCATION & AWARENESS
$20,000
Facilities improvements, medical equipment, patient comfort items, and education materials
$1,329,000
Showing up to 5 of 12 total records — full history available with membership.
Officers & Directors
PRESIDENT/SECRETARY/TREASURER
Dan Childers
FINANCIAL ADVISOR TO MHLT
Marc Ross
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $11.3M | $4.9M | $10.3M |
| 2024 | $19.7M | $124.6M | $44.0M |
| 2023 | $164.5M | $193.2M | $160.0M |
| 2022 | $177.0M | $193.8M | $209.4M |
| 2021 | $193.3M | $182.8M | $261.0M |
Between 2021 and 2025, reported annual revenue declined from $193.3M to $11.3M (-94%), with total assets most recently reported at $10.3M.
Interactive year-over-year charts and full filing details available with membership.