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Nonprofiteer
← TRINITY MEDICAL CENTER

Form 990 for tax year 2023

Filed by TRINITY MEDICAL CENTER.

Totals

Total revenue
$436,923,038
Total expenses
$467,845,804
Contributions and grants received
$5,329,944
Grants paid
$32,945,452
Program services expenses (Part IX)
$454,442,373
Management and general expenses
$13,403,431
Fundraising expenses
$0
Program service expenses (Part III)
$454,442,373

Program services were 97.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • GREGORIO AGUILAR

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • STEVE ARVANITIS MD

    BOARD MEMBER

    Total calculated
    $647,983
    From this org
    $0
    From related orgs
    $627,581
    Other
    $20,402
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $575,930 related
    Bonus
    $0 + $49,302 related
    Other
    $0 + $2,349 related
    Deferred
    $0 + $16,500 related
    Nontaxable benefits
    $0 + $3,902 related
    Filer's total
    $0 + $647,983 related

  • COSTAS CONSTANTINOU

    BOARD MEMBER

    Total calculated
    $976,903
    From this org
    $0
    From related orgs
    $935,339
    Other
    $41,564
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $822,646 related
    Bonus
    $0 + $109,270 related
    Other
    $0 + $3,423 related
    Deferred
    $0 + $16,500 related
    Nontaxable benefits
    $0 + $25,064 related
    Filer's total
    $0 + $976,903 related

  • NATHAN DURICK MD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • ROBERT ERICKSON TO 823

    BOARD MEMBER/PRESIDENT/CEO

    Total calculated
    $1,442,490
    From this org
    $1,395,743
    From related orgs
    $0
    Other
    $46,747
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $358,340
    Bonus
    $566,950
    Other
    $470,453
    Deferred
    $16,500
    Nontaxable benefits
    $30,247
    Filer's total
    $1,442,490

  • DEBBIE FREIBURG

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • AMY MAXEINER PHD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • LISA MCCRAW

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • SHAWN MORROW FR 1023

    BOARD MEMBER/MARKET PRES

    Total calculated
    $155,564
    From this org
    $137,609
    From related orgs
    $0
    Other
    $17,955
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $89,380
    Bonus
    $25,000
    Other
    $23,229
    Deferred
    $13,893
    Nontaxable benefits
    $4,062
    Filer's total
    $155,564

  • HEIDI PARKHURST

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • DANIEL STEIN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • DANA WILKINSON

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • KATHERINE MARCHIK

    SR VP FINANCE/CFO

    Total calculated
    $530,285
    From this org
    $429,153
    From related orgs
    $0
    Other
    $101,132
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $363,172
    Bonus
    $61,867
    Other
    $4,114
    Deferred
    $68,587
    Nontaxable benefits
    $32,545
    Filer's total
    $530,285

  • JANE DENTEN

    CHIEF NURSING OFFICER

    Total calculated
    $310,125
    From this org
    $298,221
    From related orgs
    $0
    Other
    $11,904
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $268,832
    Bonus
    $0
    Other
    $29,389
    Deferred
    $11,598
    Nontaxable benefits
    $306
    Filer's total
    $310,125

  • DENNIS DUKE

    PRESIDENT RYC

    Total calculated
    $331,158
    From this org
    $284,211
    From related orgs
    $0
    Other
    $46,947
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $237,166
    Bonus
    $40,966
    Other
    $6,079
    Deferred
    $14,352
    Nontaxable benefits
    $32,595
    Filer's total
    $331,158

  • SHAWN KEEVEN MD

    EMERGENCY PHYSICIAN

    Total calculated
    $635,433
    From this org
    $0
    From related orgs
    $591,677
    Other
    $43,756
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $546,108 related
    Bonus
    $0 + $44,609 related
    Other
    $0 + $960 related
    Deferred
    $0 + $16,500 related
    Nontaxable benefits
    $0 + $27,256 related
    Filer's total
    $0 + $635,433 related

  • KEVIN KURTH MD

    MEDICAL DIRECTOR-ER/TRAUMA

    Total calculated
    $605,736
    From this org
    $562,166
    From related orgs
    $0
    Other
    $43,570
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $484,004
    Bonus
    $72,060
    Other
    $6,102
    Deferred
    $16,500
    Nontaxable benefits
    $27,070
    Filer's total
    $605,736

  • TOYOSI OLUTADE MD

    CHIEF MEDICAL OFFICER

    Total calculated
    $877,596
    From this org
    $809,464
    From related orgs
    $25,334
    Other
    $42,798
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $728,806 + $25,334 related
    Bonus
    $74,717
    Other
    $5,941
    Deferred
    $16,092 + $408 related
    Nontaxable benefits
    $25,537 + $761 related
    Filer's total
    $851,093 + $26,503 related

  • KATHERINE PEARSON

    SR VP/CHIEF STRATEGY OFFICER

    Total calculated
    $474,331
    From this org
    $391,725
    From related orgs
    $0
    Other
    $82,606
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $330,620
    Bonus
    $55,690
    Other
    $5,415
    Deferred
    $63,386
    Nontaxable benefits
    $19,220
    Filer's total
    $474,331

  • BARBARA WEBER

    CHIEF OPERATING OFFICER

    Total calculated
    $515,487
    From this org
    $463,786
    From related orgs
    $0
    Other
    $51,701
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $389,722
    Bonus
    $65,046
    Other
    $9,018
    Deferred
    $50,274
    Nontaxable benefits
    $1,427
    Filer's total
    $515,487

  • MATTHEW HANSON MD

    EMERGENCY PHYSICIAN

    Total calculated
    $627,392
    From this org
    $598,327
    From related orgs
    $0
    Other
    $29,065
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $573,139
    Bonus
    $24,228
    Other
    $960
    Deferred
    $8,916
    Nontaxable benefits
    $20,149
    Filer's total
    $627,392

  • WILLIAM ROGERS III MD

    EMERGENCY PHYSICIAN

    Total calculated
    $644,539
    From this org
    $601,136
    From related orgs
    $0
    Other
    $43,403
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $573,443
    Bonus
    $24,185
    Other
    $3,508
    Deferred
    $16,500
    Nontaxable benefits
    $26,903
    Filer's total
    $644,539

  • ZACHARY RASMUSSEN MD

    EMERGENCY PHYSICIAN

    Total calculated
    $673,259
    From this org
    $631,210
    From related orgs
    $0
    Other
    $42,049
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $605,918
    Bonus
    $24,908
    Other
    $384
    Deferred
    $16,500
    Nontaxable benefits
    $25,549
    Filer's total
    $673,259

  • ELIZABETH SCHUPP MD

    PULMOLOGIST

    Total calculated
    $634,465
    From this org
    $616,646
    From related orgs
    $0
    Other
    $17,819
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $610,210
    Bonus
    $0
    Other
    $6,436
    Deferred
    $16,500
    Nontaxable benefits
    $1,319
    Filer's total
    $634,465

  • RHONDA SOWARDS MD

    EMERGENCY PHYSICIAN

    Total calculated
    $793,215
    From this org
    $751,418
    From related orgs
    $0
    Other
    $41,797
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $703,214
    Bonus
    $23,858
    Other
    $24,346
    Deferred
    $16,500
    Nontaxable benefits
    $25,297
    Filer's total
    $793,215

  • RICHARD SEIDLER TO 519

    FORMER BD MEMBER/PRESIDENT/CEO

    Total calculated
    $369,890
    From this org
    $369,890
    From related orgs
    $0
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $369,890
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $369,890

  • JOHN SHEEHAN TO 919

    FORMER BD MEMBER/INTERIM PRES/CEO

    Total calculated
    $494,222
    From this org
    $0
    From related orgs
    $489,785
    Other
    $4,437
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $0 + $489,785 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $4,437 related
    Filer's total
    $0 + $494,222 related

  • MATTHEW BEHRENS TO 919

    REG VP/CLINIC OPS

    Total calculated
    $313,303
    From this org
    $0
    From related orgs
    $288,898
    Other
    $24,405
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $227,528 related
    Bonus
    $0 + $61,232 related
    Other
    $0 + $138 related
    Deferred
    $0 + $14,667 related
    Nontaxable benefits
    $0 + $9,738 related
    Filer's total
    $0 + $313,303 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 — 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)

PART I, LINES 4A-B
SEVERANCE PAYMENTS: THE FOLLOWING INDIVIDUAL(S) RECEIVED SEVERANCE PAYMENTS DURING THE YEAR THAT WERE INCLUDED IN THEIR TAXABLE INCOME: ROBERT ERICKSON $ 165,672 & JOHN SHEEHAN $ 489,785. NONQUALIFIED RETIREMENT PLAN CONTRIBUTIONS: THE FOLLOWING INDIVIDUAL(S) PARTICIPATED IN AND RECEIVED CONTRIBUTIONS IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN: KATHERINE MARCHIK $ 52,087, SHAWN MORROW $ 8,308, KATHERINE PEARSON $ 46,886, & BARBARA WEBER $ 39,117. NONQUALIFIED RETIREMENT PLAN DISTRIBUTIONS: THE FOLLOWING INDIVIDUAL(S) PARTICIPATED IN AND RECEIVED PAYMENTS FROM A SUPPLEMENTAL NON-QUALIFIED PLAN: ROBERT ERICKSON $ 292,105 & RICHARD SEIDLER $ 369,890. PAYOUTS ARE MADE WITH VESTED FUNDS, AS ESTABLISHED BY PLAN DOCUMENTS.
SCHEDULE J, PART I, LINE 3 - ESTABLISHING COMPENSATION
THE EXECUTIVE COMMITTEE OF THE IOWA HEALTH SYSTEM BOARD OF DIRECTORS ("COMMITTEE") CONDUCTS A COMPREHENSIVE REVIEW OF ALL COMPENSATION AND BENEFITS PROVIDED TO THE ORGANIZATION'S OFFICERS AND KEY EMPLOYEES, INCLUDING THE IHS CHIEF EXECUTIVE OFFICER (THE "CEO"). THIS REVIEW COMPARES THE TOTAL COMPENSATION AND VALUE OF BENEFITS PROVIDED TO EACH EXECUTIVE, ON A POSITION BY POSITION BASIS, TO THAT PROVIDED TO FUNCTIONALLY SIMILAR POSITIONS IN SIMILARLY SITUATED ORGANIZATIONS. THIS REVIEW IS CONDUCTED BY THE COMMITTEE WITH THE ASSISTANCE OF A NATIONAL, INDEPENDENT COMPENSATION CONSULTANT REPORTING DIRECTLY TO THE COMMITTEE. THE COMMITTEE HAS BEEN DELEGATED THE RESPONSIBILITY FOR OVERSIGHT OF EXECUTIVE COMPENSATION AND IS MADE UP ENTIRELY OF INDEPENDENT DIRECTORS WITHIN THE MEANING OF THE "REBUTTABLE PRESUMPTION OF REASONABLENESS" UNDER THE FEDERAL INCOME TAX INTERMEDIATE SANCTIONS RULES. THE COMPENSATION CONSULTANT HOLDS ITSELF OUT TO THE PUBLIC AS A COMPENSATION CONSULTANT, PERFORMS THESE VALUATIONS ON A REGULAR BASIS, IS QUALIFIED TO MAKE THE VALUATIONS OF THE SERVICES INVOLVED, AND HAS SO INDICATED IN A WRITTEN CERTIFICATION TO THE COMMITTEE. BASED UPON THE ADVICE OF THE COMPENSATION CONSULTANT, AND APPLYING THE BOARD'S COMPENSATION PHILOSOPHY, THE COMMITTEE ESTABLISHES THE OVERALL ADJUSTMENT IN COMPENSATION AND BENEFITS FOR THE TOP EXECUTIVES IN THE ENTIRE HEALTH SYSTEM (SEVERAL OF WHICH ARE EMPLOYEES OF THE FILING ORGANIZATION) AND DELEGATES TO THE CEO THE AUTHORITY TO MAKE ADJUSTMENTS, CONSISTENT WITH THE COMMITTEE'S DIRECTION, FOR THE OTHER EXECUTIVES. THE COMMITTEE DETERMINES ALL ASPECTS OF THE COMPENSATION AND BENEFITS OF THE CEO. THE COMMITTEE INTENTIONALLY TAKES ALL THE STEPS NECESSARY TO QUALIFY FOR THE REBUTTABLE PRESUMPTION OF REASONABLENESS UNDER THE FEDERAL INCOME TAX LAW INTERMEDIATE SANCTIONS RULES, INCLUDING CONTEMPORANEOUS SUBSTANTIATION OF ALL COMMITTEE MEETINGS AND ACTIONS. THE ORGANIZATION BELIEVES IT IS IN FULL COMPLIANCE WITH SECTION 4958 OF THE IRC, PROVIDES NO MORE THAN REASONABLE AND FAIR MARKET VALUE COMPENSATION AND BENEFITS FOR ITS EMPLOYEES AND DOES NOT PROVIDE ANY EXCESS COMPENSATION OR BENEFITS AS PROHIBITED BY SECTION 4958.

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.

Provenance

Return type
form_990
Tax year
2023
Filed
13 November 2024
IRS schema version
2023v5.1
Source object
202433199349310623

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

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