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Nonprofiteer
← IOWA PHYSICIANS CLINIC MEDICAL FOUNDATION

Form 990 for tax year 2024

Filed by IOWA PHYSICIANS CLINIC MEDICAL FOUNDATION.

Totals

Total revenue
$615,062,040
Total expenses
$627,840,707
Contributions and grants received
$151,926,832
Grants paid
$15,330
Program service revenue
$463,432,199
Investment income
$1,166,306
Other revenue
-$1,463,297
Total assets, end of year
$291,806,440
Total liabilities, end of year
$286,151,221
Net assets or fund balances, end of year
$5,655,219
Program services expenses (Part IX)
$598,772,346
Management and general expenses
$29,068,361
Fundraising expenses
$0
Program service expenses (Part III)
$598,772,346

Program services were 95.4% 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

    $150,788,810

  • 1e · Government grants (contributions)

    $950,698

  • 1f · All other contributions, gifts and grants

    $187,324

  • 2a · Program service revenue: NET PATIENT REVENUE

    total $440,467,545 · related or exempt $440,467,545

  • 2b · Program service revenue: MGMT & SUPPORT SVCS

    total $20,900,647 · related or exempt $20,900,647

  • 2c · Program service revenue: RENTAL INCOME

    total $2,022,560 · related or exempt $2,022,560

  • 2d · Program service revenue: PHARMACY REVENUE

    total $40,047 · related or exempt $40,047

  • 2e · Program service revenue: PUBLIC HEALTH PROGRAMS

    total $1,400 · related or exempt $1,400

  • 3 · Investment income

    total $689,212 · related or exempt $298 · excluded $688,914

  • 7a · Gross sales of assets other than inventory

    securities $1,086,930

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

    securities $601,381 · other assets $8,455

  • 7c · Gain or loss

    securities $485,549 · other assets -$8,455

  • 7d · Net gain or loss

    total $477,094 · excluded $477,094

  • 11a · Other revenue: OTHER HEALTHCARE SVCS

    total $2,124,079 · unrelated business $2,124,079

  • 11b · Other revenue: SHARED SAVINGS REVENUE

    total -$3,587,376 · related or exempt -$3,587,376

  • 11e · Other revenue, total

    -$1,463,297

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $15,330 · program services $15,330

  • 5 · Compensation of officers, directors and key employees

    total $15,713,125 · management and general $15,713,125

  • 6 · Compensation of disqualified persons

    total $5,260,535 · management and general $5,260,535

  • 7 · Other salaries and wages

    total $362,243,513 · program services $358,740,533 · management and general $3,502,980

  • 8 · Pension plan contributions

    total $11,630,341 · program services $11,517,873 · management and general $112,468

  • 9 · Other employee benefits

    total $41,922,885 · program services $41,517,481 · management and general $405,404

  • 10 · Payroll taxes

    total $20,105,207 · program services $19,910,785 · management and general $194,422

  • 11a · Fees: management

    total $48,447,663 · program services $48,447,663

  • 11b · Fees: legal

    total $1,104,268 · program services $358,590 · management and general $745,678

  • 11f · Fees: investment management

    total $844,614 · program services $754,075 · management and general $90,539

  • 11g · Fees: other

    total $17,535,041 · program services $16,603,274 · management and general $931,767

  • 12 · Advertising and promotion

    total $92,683 · program services $71,779 · management and general $20,904

  • 13 · Office expenses

    total $1,495,978 · program services $1,338,846 · management and general $157,132

  • 14 · Information technology

    total $697,701 · program services $697,701

  • 16 · Occupancy

    total $38,496,372 · program services $37,127,134 · management and general $1,369,238

  • 17 · Travel

    total $839,128 · program services $615,563 · management and general $223,565

  • 19 · Conferences, conventions and meetings

    total $192,240 · program services $182,868 · management and general $9,372

  • 20 · Interest

    total $142,888 · program services $142,888

  • 22 · Depreciation, depletion and amortization

    total $5,311,997 · program services $4,773,055 · management and general $538,942

  • 23 · Insurance

    total $8,070,625 · program services $8,070,711 · management and general -$86

  • 24a · Other expenses: MEDICAL SUPPLIES

    total $47,447,731 · program services $47,446,432 · management and general $1,299

  • 24b · Other expenses: MISCELLANEOUS EXPENSE

    total $116,670 · program services $385,706 · management and general -$269,036

  • 24c · Other expenses: INCOME TAXES

    total $60,497 · program services $384 · management and general $60,113

  • 24d · Other expenses: BAD DEBT EXPENSE

    total $53,675 · program services $53,675

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    end of year $0

  • 4 · Accounts receivable

    beginning of year $48,313,543 · end of year $50,747,316

  • 7 · Other notes and loans receivable

    beginning of year $25,987,060 · end of year $32,314,714

  • 8 · Inventories for sale or use

    beginning of year $5,796,359 · end of year $5,940,004

  • 9 · Prepaid expenses and deferred charges

    beginning of year $3,268,778 · end of year $2,900,103

  • 10a · Land, buildings and equipment: cost or other basis

    $105,907,012

  • 10b · Land, buildings and equipment: accumulated depreciation

    $70,022,725

  • 10c · Land, buildings and equipment, net

    beginning of year $38,966,260 · end of year $35,884,287

  • 11 · Investments: publicly traded securities

    beginning of year $65,005,147 · end of year $75,614,548

  • 13 · Investments: program-related

    beginning of year $370,299 · end of year $424,886

  • 15 · Other assets

    beginning of year $86,946,410 · end of year $87,980,582

  • 17 · Accounts payable and accrued expenses

    beginning of year $49,855,288 · end of year $55,907,918

  • 19 · Deferred revenue

    beginning of year $330,217 · end of year $471,954

  • 23 · Secured mortgages and notes payable

    beginning of year $3,279,169 · end of year $2,227,305

  • 24 · Unsecured notes and loans payable

    beginning of year $21,731 · end of year $3,259,485

  • 25 · Other liabilities

    beginning of year $202,946,333 · end of year $224,284,559

  • 27 · Net assets without donor restrictions

    beginning of year $17,862,152 · end of year $5,241,665

  • 28 · Net assets with donor restrictions

    beginning of year $358,966 · end of year $413,554

Mission and programs · 2024

Mission

TO IMPROVE THE HEALTH OF THE PEOPLE AND COMMUNITIES WE SERVE.

  • HEALTH-CARE SERVICESIOWA PHYSICIANS CLINIC MEDICAL FOUNDATION IS AN IMPORTANT ELEMENT OF THE HEALTH-CARE DELIVERY SYSTEM THAT THE IOWA AND WESTERN ILLINOIS COMMUNITIES RELY ON EVERY DAY. IT IS COMMITTED TO PROVIDING QUALITY HEALTH CARE AND TO USING ITS RESOURCES TO THE GREATEST COMMUNITY BENEFIT. IOWA PHYSICIANS CLINIC MEDICAL FOUNDATION 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, GENERAL ACUTE CARE, SURGERIES, INTENSIVE CARE AND CRITICAL CARE, MENTAL HEALTH CARE, REHABILITATION, SKILLED NURSING, MATERNAL/CHILD CARE, LABORATORY, EMERGENCY SERVICES, OUTPATIENT CLINICS, CHECK-UPS AND RADIOLOGY. SOME OF THE SERVICES PROVIDED DO NOT GENERATE ENOUGH INCOME TO OFFSET THEIR COST. IN THE FISCAL PERIOD ENDED DECEMBER 31, 2024, IOWA PHYSICIANS CLINIC MEDICAL FOUNDATION HAD 3,055,194 PATIENT ENCOUNTERS.

    Expenses $539,560,559 · Revenue $461,969,200

  • COMMUNITY BENEFITSCHARITY CARE AND MEANS-TESTED PROGRAMS: IOWA PHYSICIANS CLINIC MEDICAL FOUNDATION PROVIDES CHARITY CARE AND OTHER MEANS-TESTED PROGRAMS WITH THE GOAL TO IMPROVE THE COMMUNITY'S OVERALL HEALTH AND ACCESS TO CARE. THIS INCLUDES HEALTH-CARE SERVICES REGARDLESS OF THE PATIENT'S INSURANCE COVERAGE OR FINANCIAL STATUS. CHARITY CARE AND PARTIAL TO FULL FINANCIAL ASSISTANCE IS PROVIDED TO PATIENTS ON A CASE-BY-CASE BASIS. CHARITY CARE WAS MADE AVAILABLE AT A VALUE OF $3,010,663 IN 2024. OFTENTIMES, IOWA PHYSICIANS CLINIC MEDICAL FOUNDATION RECEIVES PAYMENTS FROM PAYORS OR PATIENTS THAT ARE LESS THAN IT CHARGES FOR SERVICES. IOWA PHYSICIANS CLINIC MEDICAL FOUNDATION PARTICIPATES IN MEDICAID AND OTHER GOVERNMENT-SPONSORED HEALTH-CARE PROGRAMS. IOWA PHYSICIANS CLINIC MEDICAL FOUNDATION'S NET COST OF PROVIDING CARE FOR WHICH IT RECEIVES PAYMENT BELOW ITS COST IS $50,811,313 FOR 2024. TOTAL CHARITY CARE AND MEANS-TESTED PROGRAMS REPORTED VALUE: $53,821,976.OTHER BENEFITS:IOWA PHYSICIANS CLINIC MEDICAL FOUNDATION PROVIDES SEVERAL OTHER BENEFITS THAT ASSIST THE COMMUNITY. PROGRAMS INCLUDE, BUT ARE NOT LIMITED TO, COMMUNITY HEALTH IMPROVEMENT SERVICES, HEALTH PROFESSIONAL'S EDUCATION, SUBSIDIZED HEALTH SERVICES, RESEARCH, AND CASH AND IN-KIND CONTRIBUTIONS TO COMMUNITY GROUPS. IOWA PHYSICIANS CLINIC MEDICAL FOUNDATION COLLABORATES WITH OTHER HEALTH-CARE PROVIDERS, CHURCHES, SCHOOLS, CHAMBERS OF COMMERCE AND DAYCARE CENTERS TO IMPROVE COMMUNITY HEALTH AND EXPAND ACCESS TO HEALTH CARE. TOTAL OTHER BENEFITS REPORTED VALUE: $5,389,811.

    Expenses $59,211,787 · Grants $15,330

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • JANE ARNOLD

    BOARD VICE CHAIR

    Total calculated
    $458,856
    From this org
    $385,211
    From related orgs
    $0
    Other
    $73,645
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $319,694
    Bonus
    $59,472
    Other
    $6,045
    Deferred
    $46,581
    Nontaxable benefits
    $27,064
    Filer's total
    $458,856
  • LEANNE BURRACK

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • DIANNA EDWARDS MD

    BOARD CHAIR

    Total calculated
    $418,415
    From this org
    $370,926
    From related orgs
    $0
    Other
    $47,489
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $339,879
    Bonus
    $30,660
    Other
    $387
    Deferred
    $17,250
    Nontaxable benefits
    $30,239
    Filer's total
    $418,415
  • KEN FELZ MD

    BOARD MEMBER

    Total calculated
    $9,399
    From this org
    $7,904
    From related orgs
    $0
    Other
    $1,495
    Hours/week
    1 + 40 related
  • DEBBIE FREIBURG

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • LANCE HORBACH

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • DEBRA JOHNSON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • ERIC NEVERMAN DO

    BOARD MEMBER

    Total calculated
    $537,057
    From this org
    $507,200
    From related orgs
    $0
    Other
    $29,857
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $496,265
    Bonus
    $10,483
    Other
    $452
    Deferred
    $17,250
    Nontaxable benefits
    $12,607
    Filer's total
    $537,057
  • BRIAN SCOTT

    BOARD TREASURER/SECRETARY

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • DEBRA SHRIVER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • ANDREA WHITE MD

    BOARD MEMBER

    Total calculated
    $377,961
    From this org
    $350,956
    From related orgs
    $0
    Other
    $27,005
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $341,404
    Bonus
    $8,448
    Other
    $1,104
    Deferred
    $17,118
    Nontaxable benefits
    $9,887
    Filer's total
    $377,961
  • PATRICIA NEWLAND MD - BOARD MEMBER

    PRESIDENT - UNITYPOINT CLINIC

    Total calculated
    $897,200
    From this org
    $793,456
    From related orgs
    $0
    Other
    $103,744
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $593,994
    Bonus
    $182,506
    Other
    $16,956
    Deferred
    $77,458
    Nontaxable benefits
    $26,286
    Filer's total
    $897,200
  • TODD WENCK MD

    BOARD MEMBER

    Total calculated
    $762,500
    From this org
    $715,779
    From related orgs
    $0
    Other
    $46,721
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $706,330
    Bonus
    $8,120
    Other
    $1,329
    Deferred
    $17,250
    Nontaxable benefits
    $29,471
    Filer's total
    $762,500
  • WENDY MORTIMORE

    CHIEF MEDICAL INFORMATION OFFICER

    Total calculated
    $550,129
    From this org
    $42,793
    From related orgs
    $476,662
    Other
    $30,674
    Hours/week
    5 + 30 related

    Schedule J breakdown matched by us

    Base
    $42,793 + $391,641 related
    Bonus
    $0 + $84,883 related
    Other
    $0 + $138 related
    Deferred
    $872 + $16,378 related
    Nontaxable benefits
    $1,080 + $12,344 related
    Filer's total
    $44,745 + $505,384 related
  • STEVE PALMERSHEIM

    CFO

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

    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
  • MATTHEW ROMANIN TO 0324

    EXEC VP & COO

    Total calculated
    $844,994
    From this org
    $235,098
    From related orgs
    $497,660
    Other
    $112,236
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $109,439 + $441,719 related
    Bonus
    $124,083 + $50,000 related
    Other
    $1,576 + $5,941 related
    Deferred
    $7,529 + $77,221 related
    Nontaxable benefits
    $7,497 + $19,989 related
    Filer's total
    $250,124 + $594,870 related
  • KEITH SEASHORE

    CFO

    Total calculated
    $412,624
    From this org
    $363,856
    From related orgs
    $0
    Other
    $48,768
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $355,390
    Bonus
    $0
    Other
    $8,466
    Deferred
    $17,213
    Nontaxable benefits
    $31,555
    Filer's total
    $412,624
  • ALECIA ALLEN MD

    PHYSICIAN

    Total calculated
    $587,717
    From this org
    $550,690
    From related orgs
    $0
    Other
    $37,027
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $526,202
    Bonus
    $23,768
    Other
    $720
    Deferred
    $17,250
    Nontaxable benefits
    $19,777
    Filer's total
    $587,717
  • VINKO BOGDANIC MD

    PHYSICIAN

    Total calculated
    $639,293
    From this org
    $592,628
    From related orgs
    $0
    Other
    $46,665
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $590,564
    Bonus
    $0
    Other
    $2,064
    Deferred
    $17,250
    Nontaxable benefits
    $29,415
    Filer's total
    $639,293
  • STEVEN BROOMHEAD

    PHYSICIAN

    Total calculated
    $907,659
    From this org
    $854,254
    From related orgs
    $0
    Other
    $53,405
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $844,675
    Bonus
    $8,250
    Other
    $1,329
    Deferred
    $17,250
    Nontaxable benefits
    $36,155
    Filer's total
    $907,659
  • STEVEN CAHALAN MD

    PHYSICIAN

    Total calculated
    $416,563
    From this org
    $368,855
    From related orgs
    $0
    Other
    $47,708
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $362,772
    Bonus
    $0
    Other
    $6,083
    Deferred
    $17,250
    Nontaxable benefits
    $30,458
    Filer's total
    $416,563
  • DEREK CLEVIDENCE MD

    REGIONAL VP MEDICAL DIRECTOR - MERITER

    Total calculated
    $550,292
    From this org
    $510,371
    From related orgs
    $0
    Other
    $39,921
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $462,754
    Bonus
    $45,553
    Other
    $2,064
    Deferred
    $17,250
    Nontaxable benefits
    $22,671
    Filer's total
    $550,292
  • EVAN DIEHL MD

    REGIONAL VP MEDICAL DIRECTOR - CR

    Total calculated
    $547,561
    From this org
    $495,901
    From related orgs
    $0
    Other
    $51,660
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $416,833
    Bonus
    $78,495
    Other
    $573
    Deferred
    $14,819
    Nontaxable benefits
    $36,841
    Filer's total
    $547,561
  • DANIEL GLASCOCK MD

    REGIONAL VP MEDICAL DIRECTOR - WL

    Total calculated
    $567,483
    From this org
    $520,542
    From related orgs
    $0
    Other
    $46,941
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $453,193
    Bonus
    $65,085
    Other
    $2,264
    Deferred
    $17,250
    Nontaxable benefits
    $29,691
    Filer's total
    $567,483
  • MELINDA HANSEN MD

    PHYSICIAN

    Total calculated
    $742,060
    From this org
    $696,539
    From related orgs
    $0
    Other
    $45,521
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $690,915
    Bonus
    $4,520
    Other
    $1,104
    Deferred
    $17,250
    Nontaxable benefits
    $28,271
    Filer's total
    $742,060
  • JASON HUISENGA DO

    PHYSICIAN

    Total calculated
    $681,104
    From this org
    $627,684
    From related orgs
    $0
    Other
    $53,420
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $626,964
    Bonus
    $0
    Other
    $720
    Deferred
    $17,250
    Nontaxable benefits
    $36,170
    Filer's total
    $681,104
  • SHAWN KEEVEN MD

    REGIONAL VP MEDICAL DIRECTOR - QC

    Total calculated
    $623,292
    From this org
    $576,614
    From related orgs
    $0
    Other
    $46,678
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $534,491
    Bonus
    $41,163
    Other
    $960
    Deferred
    $17,250
    Nontaxable benefits
    $29,428
    Filer's total
    $623,292
  • ANGIE KNOBLAUCH

    PHYSICIAN

    Total calculated
    $470,436
    From this org
    $440,777
    From related orgs
    $0
    Other
    $29,659
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $439,588
    Bonus
    $0
    Other
    $1,189
    Deferred
    $17,250
    Nontaxable benefits
    $12,409
    Filer's total
    $470,436
  • MICHAEL LEE MD

    REGIONAL VP MEDICAL DIRECTOR - FD

    Total calculated
    $409,059
    From this org
    $375,801
    From related orgs
    $0
    Other
    $33,258
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $349,989
    Bonus
    $20,000
    Other
    $5,812
    Deferred
    $6,900
    Nontaxable benefits
    $26,358
    Filer's total
    $409,059
  • KATHERINE MEYERS DO

    PHYSICIAN

    Total calculated
    $526,364
    From this org
    $472,944
    From related orgs
    $0
    Other
    $53,420
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $462,777
    Bonus
    $9,735
    Other
    $432
    Deferred
    $17,250
    Nontaxable benefits
    $36,170
    Filer's total
    $526,364
  • MICHAEL NAMANNY

    REGIONAL VP CLINIC OPERATIONS - DSM

    Total calculated
    $456,599
    From this org
    $416,352
    From related orgs
    $0
    Other
    $40,247
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $315,433
    Bonus
    $93,253
    Other
    $7,666
    Deferred
    $17,250
    Nontaxable benefits
    $22,997
    Filer's total
    $456,599
  • ANDREW NORDINE MD

    PHYSICIAN

    Total calculated
    $591,733
    From this org
    $543,673
    From related orgs
    $0
    Other
    $48,060
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $542,569
    Bonus
    $0
    Other
    $1,104
    Deferred
    $17,250
    Nontaxable benefits
    $30,810
    Filer's total
    $591,733
  • STEPHEN PALLONE MD

    REGIONAL VP MEDICAL DIRECTOR - SC

    Total calculated
    $451,215
    From this org
    $408,098
    From related orgs
    $0
    Other
    $43,117
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $369,323
    Bonus
    $38,064
    Other
    $711
    Deferred
    $17,250
    Nontaxable benefits
    $25,867
    Filer's total
    $451,215
  • STEPHEN PEDRON MD

    PHYSICIAN

    Total calculated
    $656,162
    From this org
    $599,542
    From related orgs
    $0
    Other
    $56,620
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $593,446
    Bonus
    $0
    Other
    $6,096
    Deferred
    $17,250
    Nontaxable benefits
    $39,370
    Filer's total
    $656,162
  • JOSHUA REHMANN DO

    CHIEF MEDICAL OFFICER - CLINIC

    Total calculated
    $656,316
    From this org
    $610,837
    From related orgs
    $0
    Other
    $45,479
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $490,734
    Bonus
    $116,184
    Other
    $3,919
    Deferred
    $17,245
    Nontaxable benefits
    $28,234
    Filer's total
    $656,316
  • CHAD STADSVOLD DO

    PHYSICIAN

    Total calculated
    $623,215
    From this org
    $569,853
    From related orgs
    $0
    Other
    $53,362
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $569,142
    Bonus
    $0
    Other
    $711
    Deferred
    $17,250
    Nontaxable benefits
    $36,112
    Filer's total
    $623,215
  • ANDREW STEFANI MD

    PHYSICIAN - HOSPITALIST

    Total calculated
    $440,125
    From this org
    $401,549
    From related orgs
    $0
    Other
    $38,576
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $368,071
    Bonus
    $32,918
    Other
    $560
    Deferred
    $10,979
    Nontaxable benefits
    $27,597
    Filer's total
    $440,125
  • RAJEEV FERNANDO MD

    PHYSICIAN

    Total calculated
    $1,963,273
    From this org
    $1,936,756
    From related orgs
    $0
    Other
    $26,517
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $1,935,545
    Bonus
    $500
    Other
    $711
    Deferred
    $17,250
    Nontaxable benefits
    $9,267
    Filer's total
    $1,963,273
  • TAUSEEF KHAN MD

    PHYSICIAN

    Total calculated
    $1,835,105
    From this org
    $1,790,656
    From related orgs
    $0
    Other
    $44,449
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $1,789,552
    Bonus
    $0
    Other
    $1,104
    Deferred
    $16,336
    Nontaxable benefits
    $28,113
    Filer's total
    $1,835,105
  • BHAVIK PATEL MD

    PHYSICIAN

    Total calculated
    $2,155,215
    From this org
    $2,108,494
    From related orgs
    $0
    Other
    $46,721
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $2,107,405
    Bonus
    $0
    Other
    $1,089
    Deferred
    $17,250
    Nontaxable benefits
    $29,471
    Filer's total
    $2,155,215
  • HIMANSHU TANDON MD

    PHYSICIAN

    Total calculated
    $2,303,102
    From this org
    $2,283,440
    From related orgs
    $0
    Other
    $19,662
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $1,394,765
    Bonus
    $887,955
    Other
    $720
    Deferred
    $17,250
    Nontaxable benefits
    $2,412
    Filer's total
    $2,303,102
  • GARRY WEIDE DO

    PHYSICIAN

    Total calculated
    $1,542,890
    From this org
    $1,503,391
    From related orgs
    $0
    Other
    $39,499
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $1,360,824
    Bonus
    $141,856
    Other
    $711
    Deferred
    $17,250
    Nontaxable benefits
    $22,249
    Filer's total
    $1,542,890
  • DAVID WILLIAMS MD CEO TO 0420

    FMR SVP CHIEF CLINICAL OFFICER-UPH

    Total calculated
    $868,677
    From this org
    $0
    From related orgs
    $860,742
    Other
    $7,935
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0 + $207,269 related
    Other
    $0 + $653,473 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $7,935 related
    Filer's total
    $0 + $868,677 related
  • RUSSELL ADAMS MD TO 1220

    PHYSICIAN

    Total calculated
    $550,341
    From this org
    $446,051
    From related orgs
    $70,095
    Other
    $34,195
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $349,996 + $70,095 related
    Bonus
    $69,633
    Other
    $26,422
    Deferred
    $7,534 + $2,003 related
    Nontaxable benefits
    $20,704 + $3,954 related
    Filer's total
    $474,289 + $76,052 related
  • HIMABINDU ALLA MD TO 1219

    PHYSICIAN

    Total calculated
    $491,822
    From this org
    $438,266
    From related orgs
    $0
    Other
    $53,556
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $428,523
    Bonus
    $8,414
    Other
    $1,329
    Deferred
    $17,250
    Nontaxable benefits
    $36,306
    Filer's total
    $491,822
  • DANIEL ALLEN MD TO 1222

    FORMER EXEC VP & CMO

    Total calculated
    $389,096
    From this org
    $389,096
    From related orgs
    $0
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $389,096
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $389,096
  • STACEY BARRETT

    REGIONAL VP CLINIC OPERATIONS - CR

    Total calculated
    $344,971
    From this org
    $295,994
    From related orgs
    $0
    Other
    $48,977
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $224,056
    Bonus
    $71,680
    Other
    $258
    Deferred
    $15,160
    Nontaxable benefits
    $33,817
    Filer's total
    $344,971
  • MATTHEW BEHRENS TO 1219

    REGIONAL VP CLINIC OPERATIONS - QC

    Total calculated
    $329,702
    From this org
    $316,644
    From related orgs
    $0
    Other
    $13,058
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $238,218
    Bonus
    $77,898
    Other
    $528
    Deferred
    $12,491
    Nontaxable benefits
    $567
    Filer's total
    $329,702
  • TODD BUTLER MD TO 1221

    PHYSICIAN

    Total calculated
    $614,759
    From this org
    $571,981
    From related orgs
    $0
    Other
    $42,778
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $565,711
    Bonus
    $4,206
    Other
    $2,064
    Deferred
    $17,250
    Nontaxable benefits
    $25,528
    Filer's total
    $614,759
  • DAVID CHILDERS

    REGIONAL VP CLINIC OPERATIONS - MERITER

    Total calculated
    $339,754
    From this org
    $295,557
    From related orgs
    $0
    Other
    $44,197
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $219,575
    Bonus
    $75,844
    Other
    $138
    Deferred
    $15,431
    Nontaxable benefits
    $28,766
    Filer's total
    $339,754
  • MARCEL DEVETTEN MD TO 1219

    REGIONAL VP MEDICAL DIRECTOR - DSM

    Total calculated
    $676,895
    From this org
    $0
    From related orgs
    $648,431
    Other
    $28,464
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $247,758 related
    Bonus
    $0 + $109,761 related
    Other
    $0 + $290,912 related
    Deferred
    $0 + $13,889 related
    Nontaxable benefits
    $0 + $14,575 related
    Filer's total
    $0 + $676,895 related
  • LAUREN HARDISON

    EXEC DIR STRATEGY & BUSINESS DEVELOPMENT

    Total calculated
    $375,571
    From this org
    $164,817
    From related orgs
    $169,196
    Other
    $41,558
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $93,348 + $167,798 related
    Bonus
    $70,465
    Other
    $1,004 + $1,398 related
    Deferred
    $6,042 + $8,562 related
    Nontaxable benefits
    $11,487 + $15,467 related
    Filer's total
    $182,346 + $193,225 related
  • AMR KAMHAWY MD TO 1222

    PHYSICIAN

    Total calculated
    $634,401
    From this org
    $579,761
    From related orgs
    $0
    Other
    $54,640
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $565,209
    Bonus
    $11,384
    Other
    $3,168
    Deferred
    $17,250
    Nontaxable benefits
    $37,390
    Filer's total
    $634,401
  • JESSICA MEISNER TO 1222

    FMR VP HUMAN RESOURCES & EDUCATION

    Total calculated
    $824,273
    From this org
    $0
    From related orgs
    $699,181
    Other
    $125,092
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $580,151 related
    Bonus
    $0 + $111,344 related
    Other
    $0 + $7,686 related
    Deferred
    $0 + $105,000 related
    Nontaxable benefits
    $0 + $20,092 related
    Filer's total
    $0 + $824,273 related
  • JOHN ROOF MD

    REGIONAL VP MEDICAL DIRECTOR - CR

    Total calculated
    $170,666
    From this org
    $140,536
    From related orgs
    $0
    Other
    $30,130
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $118,891
    Bonus
    $19,435
    Other
    $2,210
    Deferred
    $7,524
    Nontaxable benefits
    $22,606
    Filer's total
    $170,666
  • KATHERINE SCHMITT MD TO 1220

    PHYSICIAN

    Total calculated
    $507,688
    From this org
    $453,174
    From related orgs
    $0
    Other
    $54,514
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $432,510
    Bonus
    $19,953
    Other
    $711
    Deferred
    $17,250
    Nontaxable benefits
    $37,264
    Filer's total
    $507,688
  • SHAWN SPOONER MD TO 1220

    PHYSICIAN

    Total calculated
    $415,040
    From this org
    $372,581
    From related orgs
    $0
    Other
    $42,459
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $371,861
    Bonus
    $0
    Other
    $720
    Deferred
    $17,250
    Nontaxable benefits
    $25,209
    Filer's total
    $415,040
  • LINCOLN WALLACE MD TO 1221

    REGIONAL VP MEDICAL DIRECTOR - FD

    Total calculated
    $366,002
    From this org
    $310,856
    From related orgs
    $0
    Other
    $55,146
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $308,808
    Bonus
    $0
    Other
    $2,048
    Deferred
    $15,978
    Nontaxable benefits
    $39,168
    Filer's total
    $366,002

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: MARCEL DEVETTEN $280,664 AND DAVID WILLIAMS, MD $653,473. NONQUALIFIED RETIREMENT PLAN CONTRIBUTIONS: THE FOLLOWING INDIVIDUAL(S) PARTICIPATED IN AND RECEIVED CONTRIBUTIONS IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN: JANE ARNOLD $32,969; JESSICA MEISNER $87,750; PATRICIA NEWLAND $60,208; STEVEN PALMERSHEIM $37,500; AND MATTHEW ROMANIN $67,500. NONQUALIFIED RETIREMENT PLAN DISTRIBUTIONS: THE FOLLOWING INDIVIDUAL(S) PARTICIPATED IN AND RECEIVED PAYMENTS FROM A SUPPLEMENTAL NON-QUALIFIED PLAN: DANIEL ALLEN $389,096 AND DAVID WILLIAMS, MD $207,269. 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

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.

Related corporations and trusts

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

Provenance

Return type
form_990
Tax year
2024
Filed
3 November 2025
IRS schema version
2024v5.2
Source object
202533179349309133

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