Form 990 for tax year 2022
Filed by SOUTHEAST IOWA REGIONAL MEDICAL CENTER INC.
Totals
- Total revenue
- $361,654,937
- Total expenses
- $380,420,311
- Contributions and grants received
- $34,495,455
- Grants paid
- $11,733,292
- Program services expenses (Part IX)
- $367,299,824
- Management and general expenses
- $13,106,190
- Fundraising expenses
- $14,297
- Program service expenses (Part III)
- $367,299,824
Program services were 96.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Listed in Part VII
-
LOUIS KANZAVELOS
PHYSICIAN
- Total calculated
- $1,277,829
- From this org
- $1,235,319
- From related orgs
- $0
- Other
- $42,510
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $1,228,565
- Bonus
- $0
- Other
- $6,754
- Deferred
- $15,250
- Nontaxable benefits
- $27,260
- Filer's total
- $1,277,829
-
MATT WENZEL
PRESIDENT/CEO (THROUGH 10/12/22)
- Total calculated
- $1,175,711
- From this org
- $0
- From related orgs
- $1,122,540
- Other
- $53,171
- Hours/week
- 24 + 19 related
Schedule J breakdown matched by us
- Base
- $0 + $740,784 related
- Bonus
- $0 + $213,774 related
- Other
- $0 + $167,982 related
- Deferred
- $0 + $15,250 related
- Nontaxable benefits
- $0 + $37,921 related
- Filer's total
- $0 + $1,175,711 related
-
BRENT WOODBURY
PHYSICIAN
- Total calculated
- $909,535
- From this org
- $872,640
- From related orgs
- $0
- Other
- $36,895
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $866,148
- Bonus
- $0
- Other
- $6,492
- Deferred
- $10,355
- Nontaxable benefits
- $26,540
- Filer's total
- $909,535
-
TIMOTHY STAUDTE
PHYSICIAN
- Total calculated
- $814,410
- From this org
- $764,140
- From related orgs
- $0
- Other
- $50,270
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $755,974
- Bonus
- $0
- Other
- $8,166
- Deferred
- $15,250
- Nontaxable benefits
- $35,020
- Filer's total
- $814,410
-
JEREMY ALEXANDER
CFO
- Total calculated
- $723,224
- From this org
- $0
- From related orgs
- $671,653
- Other
- $51,571
- Hours/week
- 40 + 3 related
Schedule J breakdown matched by us
- Base
- $0 + $552,461 related
- Bonus
- $0 + $117,896 related
- Other
- $0 + $1,296 related
- Deferred
- $0 + $15,250 related
- Nontaxable benefits
- $0 + $36,321 related
- Filer's total
- $0 + $723,224 related
-
MEGHAN WOOSTER
PHYSICIAN
- Total calculated
- $709,485
- From this org
- $693,849
- From related orgs
- $0
- Other
- $15,636
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $692,727
- Bonus
- $0
- Other
- $1,122
- Deferred
- $0
- Nontaxable benefits
- $15,636
- Filer's total
- $709,485
-
DR MICHAEL MCCOY
PRESIDENT/CEO
- Total calculated
- $675,775
- From this org
- $0
- From related orgs
- $624,684
- Other
- $51,091
- Hours/week
- 24 + 19 related
Schedule J breakdown matched by us
- Base
- $0 + $532,528 related
- Bonus
- $0 + $80,672 related
- Other
- $0 + $11,484 related
- Deferred
- $0 + $15,250 related
- Nontaxable benefits
- $0 + $35,841 related
- Filer's total
- $0 + $675,775 related
-
CHARLES FRANK
PHYSICIAN
- Total calculated
- $374,408
- From this org
- $360,261
- From related orgs
- $0
- Other
- $14,147
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $358,133
- Bonus
- $0
- Other
- $2,128
- Deferred
- $0
- Nontaxable benefits
- $14,147
- Filer's total
- $374,408
-
DAVE POLAND
CHAIRPERSON
- Total calculated
- $0
- Hours/week
- 1
-
VICKI STEPHENSON
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
JOY ANDERSON
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
DR STEVE DAVIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
NEAL DODD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
BOB HUFFMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 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
- 1a · Health or social club dues or initiation fees
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 4a · Severance or change-of-control payment
Answered no
- 4b · Supplemental nonqualified retirement plan
- 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 1A
- MATT WENZEL, HEALTH/SOCIAL CLUB DUES, $4,463. THIS AMOUNT WAS INCLUDED IN TAXABLE COMPENSATION.
- PART I, LINE 3
- THE COMPENSATION OF THE OFFICERS IS PAID BY RIVERVIEW SYSTEMS LTD., A RELATED ORGANIZATION, BUT DETERMINED BY GREAT RIVER HEALTH SYSTEM. THE FOLLOWING WERE USED BY GREAT RIVER HEALTH SYSTEM IN DETERMINING THE OFFICERS' COMPENSATION: 1. COMPENSATION COMMITTEE 2. INDEPENDENT COMPENSATION CONSULTANT 3. FORM 990 OF OTHER ORGANIZATIONS 4. WRITTEN EMPLOYMENT CONTRACT 5. COMPENSATION SURVEY OR STUDY 6. APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE
- PART I, LINE 4A
- MATT WENZEL RECEIVED A SEVERANCE PAYMENT OF $164,442. THIS AMOUNT WAS INCLUDED IN W-2 WAGES.
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
-
$6,000,000
TRANSFER DUE TO MERGER
-
SOUTHEASTERN COMMUNITY COLLEGE
$5,654,982
NURSING PROGRAM
-
$12,000
GENERAL SUPPORT
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.
-
501(C)(3) · HEALTH CARE · IA
-
501(C)(3) · SUPPORT RELATED ORGANIZATIONS · IA
Directly controlled by GREAT RIVER HEALTH SYSTEMS INC
-
HENRY COUNTY HEALTH CENTER INC
501(C)(3) · HOSPITAL · IA
Directly controlled by GREAT RIVER HEALTH SYSTEMS INC
-
GREAT RIVER HEALTH FOUNDATION INC
501(C)(3) · SUPPORT RELATED ORGANIZATIONS · IA
Directly controlled by GREAT RIVER HEALTH SYSTEMS INC
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 8 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202431329349300128
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