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Nonprofiteer
← UNITYPOINT HEALTH-MARSHALLTOWN FOUNDATION

Form 990 for tax year 2024

Filed by UNITYPOINT HEALTH-MARSHALLTOWN FOUNDATION.

Totals

Total revenue
$285,145
Total expenses
$426,278
Contributions and grants received
$244,250
Grants paid
$273,448
Program service revenue
$0
Investment income
$40,710
Other revenue
$185
Total assets, end of year
$984,251
Total liabilities, end of year
$21,116
Net assets or fund balances, end of year
$963,135
Program services expenses (Part IX)
$273,448
Management and general expenses
$33,980
Fundraising expenses
$118,850
Program service expenses (Part III)
$273,448

Program services were 64.1% 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.

  • 1d · Related organizations

    $144,016

  • 1f · All other contributions, gifts and grants

    $100,234

  • 3 · Investment income

    total $34,846 · excluded $34,846

  • 7a · Gross sales of assets other than inventory

    securities $27,305

  • 7b · Less cost or other basis and sales expenses

    securities $21,441

  • 7c · Gain or loss

    securities $5,864

  • 7d · Net gain or loss

    total $5,864 · excluded $5,864

  • 11a · Other revenue: MISCELLANEOUS

    total $185 · excluded $185

  • 11e · Other revenue, total

    $185

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $273,448 · program services $273,448

  • 7 · Other salaries and wages

    total $107,215 · management and general $26,804 · fundraising $80,411

  • 8 · Pension plan contributions

    total $4,243 · management and general $1,061 · fundraising $3,182

  • 9 · Other employee benefits

    total $10,923 · management and general $2,731 · fundraising $8,192

  • 10 · Payroll taxes

    total $5,859 · management and general $1,465 · fundraising $4,394

  • 11f · Fees: investment management

    total $1,918 · management and general $1,918

  • 11g · Fees: other

    total $17,547 · fundraising $17,547

  • 12 · Advertising and promotion

    total $500 · fundraising $500

  • 13 · Office expenses

    total $28 · fundraising $28

  • 16 · Occupancy

    total $3,040 · fundraising $3,040

  • 17 · Travel

    total $582 · fundraising $582

  • 24a · Other expenses: MISCELLANEOUS EXPENSE

    total $974 · fundraising $974

  • 24b · Other expenses: INCOME TAXES

    total $1 · management and general $1

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,146,719 · end of year $297,761

  • 2 · Savings and temporary cash investments

    beginning of year $218,607 · end of year $146,444

  • 3 · Pledges and grants receivable

    beginning of year $302,689 · end of year $161,238

  • 7 · Other notes and loans receivable

    beginning of year $14,895 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $322,835 · end of year $378,808

  • 17 · Accounts payable and accrued expenses

    beginning of year $8,422 · end of year $10,380

  • 25 · Other liabilities

    beginning of year $1,904,173 · end of year $10,736

  • 27 · Net assets without donor restrictions

    beginning of year $122,443 · end of year $158,445

  • 28 · Net assets with donor restrictions

    beginning of year $970,707 · end of year $804,690

Mission and programs · 2024

Mission

DEVELOPING RELATIONSHIPS AND FINANCIAL RESOURCES TO SUPPORT UNITYPOINT HEALTH'S MISSION OF PROVIDING HEALTHCARE THAT MEETS THE NEEDS OF COMMUNITIES ITS SERVES

Activities or mission (Part I)

TO DEVELOP RELATIONSHIPS AND FINANCIAL RESOURCES TO SUPPORT UNITYPOINT HEALTH'S MISSION OF PROVIDING HEALTHCARE THAT MEETS THE NEEDS OF THE COMMUNITIES ITS SERVES.

  • GRANTS, ALLOCATIONS AND PROGRAM SUPPORTUNITYPOINT HEALTH-MARSHALLTOWN FOUNDATION'S PURPOSE IS TO RAISE FUNDS TO MAINTAIN, DEVELOP, INCREASE AND EXTEND THE FACILITIES AND SERVICES OF UNITYPOINT HEALTH-MARSHALLTOWN AND TO PROVIDE BROADER HOSPITAL, MEDICAL AND EDUCATIONAL SERVICE OPPORTUNITIES TO PATIENTS, FACULTY AND RESIDENTS OF THE GEOGRAPHICAL AREA THEY SERVE. IT SUPPORTS THE MISSIONS OF ALLEN HEALTH SYSTEMS, INC. AND ITS SUBSIDIARIES BY RAISING FINANCIAL CONTRIBUTIONS AND INVESTING THE PROCEEDS.

    Expenses $273,448 · Grants $273,448

As filed on the 2024 return.

Listed in Part VII

  • Ken Anderson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Jennifer Friedly

    BOARD MEMBER/MARKET PRESIDENT

    Total calculated
    $562,472
    From this org
    $0
    From related orgs
    $484,503
    Other
    $77,969
    Hours/week
    1

    Schedule J breakdown matched by us

    Base
    $0 + $397,408 related
    Bonus
    $0 + $81,490 related
    Other
    $0 + $5,605 related
    Deferred
    $0 + $57,827 related
    Nontaxable benefits
    $0 + $20,142 related
    Filer's total
    $0 + $562,472 related

  • Joel Greer

    BOARD SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Charlene Hulin

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Christine Isom

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Doug Joslin

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Linda Kaykuhl

    BOARD VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Jerimi Kopsa

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Jeff Krough

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Robert Thomas

    BOARD TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Zach French

    MARKET VP FINANCE

    Total calculated
    $259,613
    From this org
    $0
    From related orgs
    $241,678
    Other
    $17,935
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $193,892 related
    Bonus
    $0 + $45,721 related
    Other
    $0 + $2,065 related
    Deferred
    $0 + $7,251 related
    Nontaxable benefits
    $0 + $10,684 related
    Filer's total
    $0 + $259,613 related

  • Pamela Delagardelle

    FORMER PRESIDENT/CEO AMHC (TO 8/23)

    Total calculated
    $934,735
    From this org
    $0
    From related orgs
    $798,296
    Other
    $136,439
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $624,067 related
    Bonus
    $0 + $139,872 related
    Other
    $0 + $34,357 related
    Deferred
    $0 + $112,246 related
    Nontaxable benefits
    $0 + $24,193 related
    Filer's total
    $0 + $934,735 related

  • Steven Palmersheim

    FORMER VP FINACE (TO 12/21)

    Total calculated
    $549,310
    From this org
    $0
    From related orgs
    $464,024
    Other
    $85,286
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $360,665 related
    Bonus
    $0 + $99,691 related
    Other
    $0 + $3,668 related
    Deferred
    $0 + $54,750 related
    Nontaxable benefits
    $0 + $30,536 related
    Filer's total
    $0 + $549,310 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, 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

  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 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 4B
NONQUALIFIED RETIREMENT PLAN CONTRIBUTIONS: THE FOLLOWING INDIVIDUAL(S) PARTICIPATED IN AND RECEIVED CONTRIBUTIONS IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN: PAMELA DELAGARDELLE $ 94,996, JENNIFER FRIEDLY $ 40,577, & STEVEN PALMERSHEIM $ 37,500.
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.

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.

  • ADVANCED IMAGING CENTER LLC

    DIAGNOSTIC RADIOLOGY CENTER · IA · general or managing partner

  • ANKENY MEDICAL PARK SURGERY CENTER LC

    AMBULATORY SURGERY CENTER · IA · general or managing partner

  • CENTRAL IOWA PHYSIO LLC

    PHYSICAL THERAPY SERVICES · IA · general or managing partner

  • DUBUQUE ENDOSCOPY CENTER LC

    AMBULATORY SURGERY CENTER · IA · general or managing partner

  • EASTERN IOWA SLEEP SUPPLY LLC

    MEDICAL EQUIPMENT RETAIL SALES · IA · general or managing partner

  • HEALTH CARE AFFILIATES OF THE TRI-STATES LLC

    PROVIDE ACCESS TO LICENSED SOFTWARE · IA · general or managing partner

  • IOWA DIAGNOSTIC IMAGING AND PROCEDURE CENTER LC

    OUTPATIENT DIAGNOSTIC IMAGING · IA · general or managing partner

  • IOWA HEALTH SYSTEM CONTRACTING SERVICES LC

    GROUP PURCHASING · IA · general or managing partner

  • LAKEVIEW SURGERY CENTER LC

    SURGERY CENTER · IA · general or managing partner

  • MR ASSOCIATES LLP

    OWN AND OPERATE MR UNIT · IA · general or managing partner

  • ORTHOPAEDIC OUTPATIENT SURGERY CENTER LC

    AMBULATORY SURGERY CENTER · IA · general or managing partner

  • THE OUTPATIENT SURGERY CENTER OF CEDAR RAPIDS LLC

    AMBULATORY SURGERY CENTER. · IA · general or managing partner

  • UNITED MEDICAL PARK ASC LLC DBA THE SURGERY CENTER AT UNITED MEDICAL PARK

    AMBULATORY SURGERY CENTER · IA · general or managing partner

  • UPHT-SCA HOLDINGS LLC

    AMBULATORY SURGERY CENTER INVESTMENT · DE

  • WEST LAKES SLEEP CENTER LLC

    SLEEP DISORDER DIAGNOSTIC TESTING FACILITY · IA · general or managing partner

Related corporations and trusts

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

  • ABBE MANAGEMENT CORPORATION

    C · MANAGEMENT SERVICES · IA

  • BROADBAND INC

    C · INFORMATION TECHNOLOGY MGMT. · IA

  • DELHI POINT CONDO ASSOCIATION

    C · REAL ESTATE MANAGEMENT · IA

  • HCP CORPORATION

    C · REAL ESTATE RENTAL · WI

  • HANSEN CHARITABLE REMAINDER ANNUITY TRUST

    T · INVESTMENT · IA

  • HANSEN CHARITABLE REMAINDER UNITRUST

    T · INVESTMENT · IA

  • HEALTH ADVANTAGE PLUS INC

    C · PHYSICAL THERAPY · IA

  • HNC SERVICES

    C · FIBER OPTIC NETWORK SERVICES · IA

  • MEDIMORE INC

    C · MANAGED CARE · IA

  • MERITER HEALTH ENTERPRISES INC

    C · MANAGEMENT SERVICES · WI

  • MERITER MANAGEMENT SERVICES INC

    C · ADMINISTRATIVE SERVICES · WI

  • PRECEDENCE INC

    C · MANAGED MENTAL CARE · IA

  • STL HEALTH RESOURCES CO

    C · PHYSICIAN OFFICE RENTAL · IA

  • TRINITY HEALTH ENTERPRISES INC

    C · RETAIL PHARMACY · IL

Provenance

Return type
form_990
Tax year
2024
Filed
7 November 2025
IRS schema version
2024v5.2
Source object
202513179349312066

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