Skip to content
Nonprofiteer
← HENRY COUNTY HEALTH CENTER INC

Form 990 for tax year 2022

Filed by HENRY COUNTY HEALTH CENTER INC.

Totals

Total revenue
$39,667,258
Total expenses
$40,488,792
Contributions and grants received
$109,625
Grants paid
$0
Program service revenue
$39,052,362
Investment income
$0
Other revenue
$505,271
Total assets, end of year
$30,966,020
Total liabilities, end of year
$26,188,284
Net assets or fund balances, end of year
$4,777,736
Program services expenses (Part IX)
$40,488,792
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$40,488,792

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $109,625

  • 2a · Program service revenue: NET PATIENT REVENUE

    total $38,356,566 · related or exempt $38,356,566

  • 2b · Program service revenue: PARTNERSHIP INCOME

    total $425,000 · related or exempt $425,000

  • 2c · Program service revenue: OTHER OPERATING INCOME

    total $270,796 · related or exempt $270,796

  • 6a · Gross rents

    real property $370,664

  • 6b · Less rental expenses

    real property $55,573

  • 6c · Rental income or loss

    real property $315,091

  • 6d · Net rental income or loss

    total $315,091 · excluded $315,091

  • 11a · Other revenue: CAFETERIA

    total $141,952 · excluded $141,952

  • 11b · Other revenue: MISCELLANEOUS INCOME

    total $48,228 · excluded $48,228

  • 11e · Other revenue, total

    $190,180

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $13,071,740 · program services $13,071,740

  • 9 · Other employee benefits

    total $2,177,270 · program services $2,177,270

  • 11g · Fees: other

    total $17,324,617 · program services $17,324,617

  • 13 · Office expenses

    total $360,638 · program services $360,638

  • 16 · Occupancy

    total $950,720 · program services $950,720

  • 22 · Depreciation, depletion and amortization

    total $378,174 · program services $378,174

  • 24a · Other expenses: MEDICAL SUPPLIES

    total $5,334,645 · program services $5,334,645

  • 24b · Other expenses: BAD DEBT EXPENSE

    total $890,988 · program services $890,988

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,476

  • 2 · Savings and temporary cash investments

    beginning of year $2,121,696 · end of year $525,226

  • 4 · Accounts receivable

    beginning of year $3,944,436 · end of year $5,121,452

  • 8 · Inventories for sale or use

    beginning of year $947,715 · end of year $881,989

  • 9 · Prepaid expenses and deferred charges

    beginning of year $248,524 · end of year $1,162,525

  • 15 · Other assets

    beginning of year $1,465,173 · end of year $23,274,828

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,395,954 · end of year $2,913,458

  • 25 · Other liabilities

    beginning of year $1,771,105 · end of year $23,274,826

  • 27 · Net assets without donor restrictions

    beginning of year $5,562,961 · end of year $4,777,736

Mission and programs · 2022

Mission

HENRY COUNTY HEALTH CENTER IS COMMITTED TO ENHANCING THE HEALTH OF INDIVIDUALS AND OUR COMMUNITIES THROUGH HIGH QUALITY, EFFECTIVE AND EFFICIENT SERVICES.

  • HENRY COUNTY HEALTH CENTER, INC., HAS ENTERED INTO A HOSPITAL LEASE AGREEMENT WHERE IT LEASES ALL OF THE FACILITIES AND OPERATIONS, EXCEPT THE AMBULANCE SERVICE, OF HENRY COUNTY SOLDIERS AND SAILORS MEMORIAL HOSPITAL, A COUNTY HOSPITAL ORGANIZED UNDER IOWA CODE CHAPTER 347. HENRY COUNTY HEALTH CENTER, INC. MANAGES AND OPERATES HEALTH CARE ORGANIZATIONS, INCLUDING OPERATING THE 74-BED CRITICAL ACCESS HOSPITAL THAT FEATURES 25 ACUTE CARE BEDS ALONG WITH A 49-BED LONG-TERM CARE FACILITY, PARK PLACE. HENRY COUNTY HEALTH CENTER, INC. ALSO MANAGES AND OPERATES A CLINICAL/GROUP PRACTICE LOCATED ON THE GROUNDS OF THE HOSPITAL AND FOUR RURAL HEALTH CLINICS IN THE SURROUNDING RURAL COMMUNITIES AND PROVIDES COMMUNITY HEALTH EDUCATION FOR THE COMMUNITY.

    Expenses $40,488,792 · Revenue $39,052,362

As filed on the 2022 return.

Listed in Part VII

  • Matt Wenzel

    DIRECTOR (THROUGH 10/12/22)

    Total calculated
    $1,175,711
    From this org
    $0
    From related orgs
    $1,122,540
    Other
    $53,171
    Hours/week
    0.5 + 42.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $740,784 related
    Bonus
    $0 + $213,774 related
    Other
    $0 + $167,982 related
    Deferred
    $0 + $15,250 related
    Nontaxable benefits
    $0 + $37,921 related
    Filer's total
    $0 + $1,175,711 related

  • Dr Michael McCoy

    DIRECTOR

    Total calculated
    $675,775
    From this org
    $0
    From related orgs
    $624,684
    Other
    $51,091
    Hours/week
    0.5 + 42.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $532,528 related
    Bonus
    $0 + $80,672 related
    Other
    $0 + $11,484 related
    Deferred
    $0 + $15,250 related
    Nontaxable benefits
    $0 + $35,841 related
    Filer's total
    $0 + $675,775 related

  • Robb Gardner

    CEO (THROUGH JULY 2022)

    Total calculated
    $626,044
    From this org
    $0
    From related orgs
    $553,735
    Other
    $72,309
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $219,407 related
    Bonus
    $0 + $43,750 related
    Other
    $0 + $290,578 related
    Deferred
    $0 + $15,250 related
    Nontaxable benefits
    $0 + $57,059 related
    Filer's total
    $0 + $626,044 related

  • Teresa Colgan

    CEO

    Total calculated
    $544,545
    From this org
    $0
    From related orgs
    $494,596
    Other
    $49,949
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $421,350 related
    Bonus
    $0 + $65,421 related
    Other
    $0 + $7,825 related
    Deferred
    $0 + $15,250 related
    Nontaxable benefits
    $0 + $34,699 related
    Filer's total
    $0 + $544,545 related

  • David Muhs

    CFO

    Total calculated
    $242,552
    From this org
    $191,144
    From related orgs
    $0
    Other
    $51,408
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $191,144
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $51,408
    Filer's total
    $242,552

  • David File

    CHAIRPERSON

    Total calculated
    $0
    Hours/week
    0.5

  • Mike Patten

    VICE CHAIRMAN & DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Whitney Rogers

    DIRECTOR & VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    0.5

  • Sara Beth Schurr

    SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    0.5

  • Dr Dewayne Frazier

    DIRECTOR (THROUGH 3/28/23)

    Total calculated
    $0
    Hours/week
    0.5

  • Chad Hudson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Jen Moutrie

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Dr Joel Ryon

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Dr Joe Tansey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

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

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

Answered no

  • 4b · Supplemental nonqualified retirement plan
  • 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 4A
MATT WENZEL RECEIVED A SEVERANCE PAYMENT OF $164,442. THIS AMOUNT WAS INCLUDED IN W-2 WAGES. ROBB GARDNER RECEIVED A SEVERANCE PAYMENT OF $250,000. THIS AMOUNT WAS INCLUDED IN W-2 WAGES.
FORM 990, PART VII, SECTION A, LINE 5:
DAVID MUHS IS EMPLOYED BY HENRY COUNTY SOLDIERS & SAILORS MEMORIAL HOSPITAL. THE EMPLOYEES FROM THAT HOSPITAL ARE LEASED TO HENRY COUNTY HEALTH CENTER INC.

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 partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • SOUTHEAST RENAL DIALYSIS LC

    RELATED · MEDICAL SERVICES · IA · 25% owned · share of income $348,110 · share of assets $1,635,953

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • RIVERVIEW SYSTEM LTD

    C · MEDICAL SERVICES · IA

  • GREAT RIVER MEDICAL SERVICES INC

    C · MEDICAL SERVICES · IA

  • MUTUAL CONSULTING & MANAGEMENT SERVICES

    C · MANAGEMENT SERVICES · IA

  • HERITAGE PARK PHARMACY

    C · PHARMACY · IA

  • HERITAGE MEDICAL EQUIPMENT & SUPPLY

    C · MEDICAL SUPPLY · IA

  • RIGHTCHOICE INC

    C · STAFFING AGENCY · IA

Provenance

Return type
form_990
Tax year
2022
Filed
8 May 2024
IRS schema version
2022v5.0
Source object
202421309349302017

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

The source document this was parsed from is served over the API, which is where bulk and document access live.