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Nonprofiteer
← TRIMARK PHYSICIANS GROUP

Form 990 for tax year 2022

Filed by TRIMARK PHYSICIANS GROUP.

Totals

Total revenue
$29,829
Total expenses
$6,139
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$29,829
Investment income
$0
Other revenue
$0
Total assets, end of year
$13,132,261
Total liabilities, end of year
$19,457,480
Net assets or fund balances, end of year
-$6,325,219
Program services expenses (Part IX)
$0
Management and general expenses
$6,139
Fundraising expenses
$0
Program service expenses (Part III)
not reported

Program services were 0.0% 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.

  • 2a · Program service revenue: NET PATIENT REVENUE

    total $29,829 · related or exempt $29,829

Functional expenses

Part IX, the statement of functional expenses.

  • 8 · Pension plan contributions

    total -$2,099 · management and general -$2,099

  • 9 · Other employee benefits

    total $3 · management and general $3

  • 11f · Fees: investment management

    total $8,235 · management and general $8,235

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $130,652 · end of year $123,583

  • 4 · Accounts receivable

    beginning of year -$555 · end of year -$16,419

  • 7 · Other notes and loans receivable

    beginning of year $458,482 · end of year $445,711

  • 11 · Investments: publicly traded securities

    beginning of year $16,234,633 · end of year $12,579,136

  • 13 · Investments: program-related

    beginning of year $250 · end of year $250

  • 17 · Accounts payable and accrued expenses

    beginning of year $5,024 · end of year $3,685

  • 25 · Other liabilities

    beginning of year $23,167,347 · end of year $19,453,795

  • 27 · Net assets without donor restrictions

    beginning of year -$6,349,159 · end of year -$6,325,469

  • 28 · Net assets with donor restrictions

    beginning of year $250 · end of year $250

Mission and programs · 2022

Mission

TRIMARK PHYSICIANS GROUP WORKS WITH PATIENTS, COMMUNITIES, HOSPITALS AND OTHER PHYSICIANS TO PROVIDE AND COORDINATE HIGH-QUALITY, LOW-COST HEALTHCARE SERVICES ACCESSIBLE TO ALL CITIZENS IN OUR AREA, IN A LOCAL SETTING. WE ACCEPT THE SOCIAL RESPONSIBILITY FOR SETTING THE STANDARD THAT WILL PRESERVE THE HEALTH OF THE PEOPLE WE SERVE.

Activities or mission (Part I)

PROVIDE AND COORDINATE HIGH-QUALITY, LOW-COST HEALTHCARE SERVICES.

  • HEALTH-CARE SERVICESTRIMARK PHYSICIANS GROUP IS AN IMPORTANT ELEMENT OF THE HEALTH-CARE DELIVERY SYSTEM THAT THE NORTH CENTRAL IOWA COMMUNITIES RELY ON EVERY DAY. IT IS COMMITTED TO PROVIDING QUALITY HEALTH CARE AND TO USING ITS RESOURCES TO THE GREATEST COMMUNITY BENEFIT. TRIMARK PHYSICIANS GROUP PROVIDES INPATIENT AND OUTPATIENT MEDICAL SERVICES TO TREAT INDIVIDUALS WITH DISEASES, ILLNESS AND INJURIES WITH VARYING COMPLEXITIES. IT PROVIDES SERVICES TO IMPROVE THE HEALTH OF PATIENTS AND TO BETTER THEIR QUALITY OF LIFE. ALL SERVICES ARE PROVIDED REGARDLESS OF AN INDIVIDUAL'S RACE, CREED, SEX, NATIONALITY, HANDICAP, AGE OR ABILITY TO COMPENSATE FOR SERVICES RENDERED. THESE INCLUDE, BUT ARE NOT LIMITED TO, ALLERGY, DERMATOLOGY, FOOT AND ANKLE, GASTROENTEROLOGY, NEPHROLOGY, OBSTETRICS/GYNECOLOGY, ORTHOPEDICS, PALLIATIVE CARE, PEDIATRICS, PULMONOLOGY, SURGERY, URGENT CARE, OUTPATIENT CLINICS AND CHECK-UPS. SOME OF THE SERVICES PROVIDED DO NOT GENERATE ENOUGH INCOME TO OFFSET THEIR COST.

    Revenue $29,829

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Charles Clayton

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Neven Conrad

    BOARD VICE CHAIR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Chris Frideres

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Mike Frischmeyer

    BOARD CHAIR

    Total calculated
    $2,500
    From this org
    $0
    From related orgs
    $2,500
    Other
    $0
    Hours/week
    1 + 1 related

  • Leah Glasgo Board Member

    PRESIDENT/CEO (SC & FD)

    Total calculated
    $1,168,456
    From this org
    $0
    From related orgs
    $1,067,658
    Other
    $100,798
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $459,262 related
    Bonus
    $0 + $153,147 related
    Other
    $0 + $455,249 related
    Deferred
    $0 + $69,078 related
    Nontaxable benefits
    $0 + $31,720 related
    Filer's total
    $0 + $1,168,456 related

  • Debra Johnson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Keith Kolacia

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Michael Lee MD

    BOARD MEMBER

    Total calculated
    $489,154
    From this org
    $0
    From related orgs
    $460,235
    Other
    $28,919
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $437,067 related
    Bonus
    $0 + $20,000 related
    Other
    $0 + $3,168 related
    Deferred
    $0 + $6,100 related
    Nontaxable benefits
    $0 + $22,819 related
    Filer's total
    $0 + $489,154 related

  • Jill Nelson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Jere Null To 1222

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Lincoln Wallace MD

    BOARD SECRETARY/TREASURER

    Total calculated
    $546,254
    From this org
    $0
    From related orgs
    $498,013
    Other
    $48,241
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $460,487 related
    Bonus
    $0 + $35,262 related
    Other
    $0 + $2,264 related
    Deferred
    $0 + $15,250 related
    Nontaxable benefits
    $0 + $32,991 related
    Filer's total
    $0 + $546,254 related

  • Michael Willerth MD

    BOARD MEMBER

    Total calculated
    $654,983
    From this org
    $0
    From related orgs
    $616,906
    Other
    $38,077
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $613,488 related
    Bonus
    $0
    Other
    $0 + $3,418 related
    Deferred
    $0 + $15,250 related
    Nontaxable benefits
    $0 + $22,827 related
    Filer's total
    $0 + $654,983 related

  • Sarah Marsh

    VP FINANCE

    Total calculated
    $256,945
    From this org
    $0
    From related orgs
    $218,564
    Other
    $38,381
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $187,578 related
    Bonus
    $0 + $28,893 related
    Other
    $0 + $2,093 related
    Deferred
    $0 + $11,417 related
    Nontaxable benefits
    $0 + $26,964 related
    Filer's total
    $0 + $256,945 related

  • Susan Thompson-Ihs Int Ceo To 02

    21) FMR INT BOARD MBR/PRES (TO 1/19)

    Total calculated
    $278,902
    From this org
    $0
    From related orgs
    $278,902
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $0 + $278,902 related
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $278,902 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: LEAH GLASGO $53,828. NONQUALIFIED RETIREMENT PLAN DISTRIBUTIONS: THE FOLLOWING INDIVIDUAL(S) PARTICIPATED IN AND RECEIVED PAYMENTS FROM A SUPPLEMENTAL NON-QUALIFIED PLAN: LEAH GLASGO $449,085 AND SUSAN THOMPSON $278,902. PAYOUTS ARE MADE WITH VESTED FUNDS, AS ESTABLISHED BY PLAN DOCUMENTS.

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.

  • 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 CARDIOVASCULAR CO-MANAGEMENT CO LLC

    CARDIOVASCULAR MANAGEMENT & ADMINISTRATIVE SERVICES · IA · general or managing partner

  • CENTRAL IOWA ONCOLOGY CO-MANAGEMENT COMPANY

    ONCOLOGY MANAGEMENT & ADMINISTRATIVE SERVICES · IA · general or managing partner

  • CENTRAL IOWA PHYSIO LLC

    PHYSICAL THERAPY SERVICES · IA · general or managing partner

  • CENTRAL IOWA SURGICAL SERVICES CO-MANAGEMENT CO LLC

    SURGICAL MANAGEMENT & ADMINISTRATIVE 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

  • REHABILITATION THERAPY SERVICES LLC

    REHABILATION THERAPY · IL

  • 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 HOSPITAL ORTHOPEDIC CO-MANAGEMENT COMPANY LLC

    ORTHOPEDIC SERVICE LINES MANAGEMENT · IA · general or managing partner

  • 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

  • BELCREST SERVICES LTD

    C · MEDICAL SERVICES · IL

  • 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

  • HEALTH PLUS INC

    C · MANAGED CARE ADMINISTRATION · IL

  • 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

  • METHODIST HEALTH VENTURES INC & SUB

    C · PHARMACY/OFFICE STAFFING · IL

  • OPTIMUM HEALTH SOLUTIONS INC

    C · HEALTH & WELLNESS CONSULTING · IA

  • PEKIN PROHEALTH INC

    C · CLINIC · IL

  • PRECEDENCE INC

    C · MANAGED MENTAL CARE · IA

  • PRECEDENCE PLUS INC

    C · MANAGED MENTAL CARE · IA

  • PROVIDER RESOURCE MANAGEMENT INC

    C · RESOURCE MANAGEMENT · IL

  • STL HEALTH RESOURCES CO

    C · PHYSICIAN OFFICE RENTAL · IA

  • TRINITY HEALTH ENTERPRISES INC

    C · RETAIL DURABLE MEDICAL EQUIPMENT & PHARMACY · IL

Provenance

Return type
form_990
Tax year
2022
Filed
3 November 2023
IRS schema version
2022v5.0
Source object
202303189349307155

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