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Nonprofiteer
← THE FINLEY HOSPITAL

Form 990 for tax year 2023

Filed by THE FINLEY HOSPITAL.

Totals

Total revenue
$146,676,465
Total expenses
$142,522,539
Contributions and grants received
$905,708
Grants paid
$521,509
Program service revenue
not reported
Investment income
not reported
Other revenue
not reported
Total assets, end of year
not reported
Total liabilities, end of year
not reported
Net assets or fund balances, end of year
not reported
Program services expenses (Part IX)
$131,737,501
Management and general expenses
$10,785,038
Fundraising expenses
$0
Program service expenses (Part III)
$131,737,501

Program services were 92.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • BILL ARNOLD

    BOARD MEMBER

    Total calculated
    $14,500
    From this org
    $0
    From related orgs
    $14,500
    Other
    $0
    Hours/week
    1 + 1 related

  • KATHY BUHR

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • ROY BUOL

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • MARK DICKSON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • SUSAN FARBER

    BOARD VICE CHAIR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • SUE FREEMAN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • JENNIFER HAVENS FR 1023

    BOARD MEMBER & MARKET PRES

    Total calculated
    $430,360
    From this org
    $87,906
    From related orgs
    $298,614
    Other
    $43,840
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $44,147 + $206,366 related
    Bonus
    $0 + $62,640 related
    Other
    $43,759 + $29,608 related
    Deferred
    $2,281 + $16,303 related
    Nontaxable benefits
    $3,658 + $21,598 related
    Filer's total
    $93,845 + $336,515 related

  • MIKE JANSEN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • NICOLE JEDLICKA DPM

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • JASON KNOCKEL

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • KEVIN LYNCH

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • KATHLEEN NACOS-BURDS

    BOARD TREASURER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • RYAN PETERSON

    BOARD SECRETARY

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • KEISHA SAINCI

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • CHARLIE SKEMP

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • LORI THIELEN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • NICK THOMPSON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • LAURA WITTHOEFT MD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • CHAD WOLBERS TO 823

    BOARD MEMBER & PRESIDENT/CEO

    Total calculated
    $1,013,762
    From this org
    $975,976
    From related orgs
    $0
    Other
    $37,786
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $240,112
    Bonus
    $369,682
    Other
    $366,182
    Deferred
    $8,574
    Nontaxable benefits
    $29,212
    Filer's total
    $1,013,762

  • CAROL CROSS

    VP FINANCE

    Total calculated
    $319,518
    From this org
    $283,717
    From related orgs
    $0
    Other
    $35,801
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $214,374
    Bonus
    $63,730
    Other
    $5,613
    Deferred
    $14,435
    Nontaxable benefits
    $21,366
    Filer's total
    $319,518

  • CARLA BELKEN

    VP OPERATIONS

    Total calculated
    $241,758
    From this org
    $207,200
    From related orgs
    $0
    Other
    $34,558
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $176,549
    Bonus
    $27,351
    Other
    $3,300
    Deferred
    $10,555
    Nontaxable benefits
    $24,003
    Filer's total
    $241,758

  • BRYAN PECHOUS MD

    VP MEDICAL AFFIARS

    Total calculated
    $241,851
    From this org
    $206,967
    From related orgs
    $0
    Other
    $34,884
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $170,553
    Bonus
    $35,450
    Other
    $964
    Deferred
    $10,795
    Nontaxable benefits
    $24,089
    Filer's total
    $241,851

  • MARY PETERS

    CHIEF NURSING OFFICER

    Total calculated
    $262,230
    From this org
    $240,863
    From related orgs
    $0
    Other
    $21,367
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $199,497
    Bonus
    $39,941
    Other
    $1,425
    Deferred
    $8,444
    Nontaxable benefits
    $12,923
    Filer's total
    $262,230

  • GREG BROSIUS

    DIRECTOR OF PHARMACY

    Total calculated
    $221,672
    From this org
    $184,717
    From related orgs
    $0
    Other
    $36,955
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $167,219
    Bonus
    $17,398
    Other
    $100
    Deferred
    $9,875
    Nontaxable benefits
    $27,080
    Filer's total
    $221,672

  • ANTHONY MARKHAM

    PHYSICIAN

    Total calculated
    $456,213
    From this org
    $419,743
    From related orgs
    $0
    Other
    $36,470
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $415,397
    Bonus
    $0
    Other
    $4,346
    Deferred
    $16,500
    Nontaxable benefits
    $19,970
    Filer's total
    $456,213

  • ALEJANDRO PULIDO

    PHYSICIAN

    Total calculated
    $247,799
    From this org
    $203,277
    From related orgs
    $0
    Other
    $44,522
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $202,245
    Bonus
    $0
    Other
    $1,032
    Deferred
    $10,906
    Nontaxable benefits
    $33,616
    Filer's total
    $247,799

  • BARRY WAACK

    PHYSICIAN

    Total calculated
    $599,429
    From this org
    $573,664
    From related orgs
    $0
    Other
    $25,765
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $571,500
    Bonus
    $0
    Other
    $2,164
    Deferred
    $16,500
    Nontaxable benefits
    $9,265
    Filer's total
    $599,429

  • PHILIP ZIMMERMAN

    PHYSICIAN

    Total calculated
    $545,891
    From this org
    $497,622
    From related orgs
    $0
    Other
    $48,269
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $482,471
    Bonus
    $0
    Other
    $15,151
    Deferred
    $16,500
    Nontaxable benefits
    $31,769
    Filer's total
    $545,891

  • THEODORE TOWNSEND JR TO 119

    BOARD MEMBER & INTERIM PRESIDENT/CEO

    Total calculated
    $462,474
    From this org
    $0
    From related orgs
    $462,474
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $0 + $462,474 related
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $462,474 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

  • 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: CHAD WOLBERS $101,670. NONQUALIFIED RETIREMENT PLAN CONTRIBUTIONS: THE FOLLOWING INDIVIDUAL(S) PARTICIPATED IN AND RECEIVED CONTRIBUTIONS IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN: JENNIFER HAVENS $ 4,538. NONQUALIFIED RETIREMENT PLAN DISTRIBUTIONS: THE FOLLOWING INDIVIDUAL(S) PARTICIPATED IN AND RECEIVED PAYMENTS FROM A SUPPLEMENTAL NON-QUALIFIED PLAN: CHAD WOLBERS $ 260,210 & THEODORE TOWNSEND JR $462,474. 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.

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.

Related corporations and trusts

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

Provenance

Return type
form_990
Tax year
2023
Filed
12 November 2024
IRS schema version
2023v5.1
Source object
202403199349309740

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