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← TRINITY HEALTH FOUNDATION

Form 990 for tax year 2024

Filed by TRINITY HEALTH FOUNDATION.

Totals

Total revenue
$4,255,864
Total expenses
$2,603,494
Contributions and grants received
$2,105,699
Grants paid
$1,823,414
Program services expenses (Part IX)
$1,823,414
Management and general expenses
$399,034
Fundraising expenses
$381,046
Program service expenses (Part III)
$1,823,414

Program services were 70.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • NIKI CONRAD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • ROBERT HERUM

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • RYAN KEHM

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • JAMIE LARA TO 0224

    BOARD VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • SARAH LIVINGSTON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • NADINE SCHLIENZ

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • DAN SCOTT

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • TROY SHANER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • STEVE TUCKER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • CIERRA WALDING

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1

  • DEBORAH ZEMKE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • LEAH GLASGO

    MARKET PRESIDENT

    Total calculated
    $602,275
    From this org
    $0
    From related orgs
    $508,390
    Other
    $93,885
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $384,920 related
    Bonus
    $0 + $117,380 related
    Other
    $0 + $6,090 related
    Deferred
    $0 + $56,700 related
    Nontaxable benefits
    $0 + $37,185 related
    Filer's total
    $0 + $602,275 related

  • SARAH MARSH

    MARKET VP FIN OPERATIONS

    Total calculated
    $327,192
    From this org
    $0
    From related orgs
    $283,209
    Other
    $43,983
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $212,597 related
    Bonus
    $0 + $67,884 related
    Other
    $0 + $2,728 related
    Deferred
    $0 + $14,696 related
    Nontaxable benefits
    $0 + $29,287 related
    Filer's total
    $0 + $327,192 related

  • SUSAN THOMPSON-IHS INT CEO TO 0221

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

    Total calculated
    $323,055
    From this org
    $0
    From related orgs
    $323,055
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $0 + $323,055 related
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $323,055 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 — 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 $39,450. NONQUALIFIED RETIREMENT PLAN DISTRIBUTIONS: THE FOLLOWING INDIVIDUAL(S) PARTICIPATED IN AND RECEIVED PAYMENTS FROM A SUPPLEMENTAL NON-QUALIFIED PLAN: SUSAN THOMPSON $323,055. 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.

Provenance

Return type
form_990
Tax year
2024
Filed
3 November 2025
IRS schema version
2024v5.2
Source object
202533179349308308

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