Skip to content
Nonprofiteer
← TRINITY HEALTH SYSTEMS INC

Form 990 for tax year 2024

Filed by TRINITY HEALTH SYSTEMS INC.

Totals

Total revenue
$3,875,692
Total expenses
$3,979,469
Contributions and grants received
$1,000,000
Grants paid
$0
Program services expenses (Part IX)
$929,466
Management and general expenses
$3,050,003
Fundraising expenses
$0
Program service expenses (Part III)
$929,466

Program services were 23.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • CHARLES CLAYTON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • NEVEN CONRAD

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • CHRIS FRIDERES

    BOARD SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • MIKE FRISCHMEYER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • LEAH GLASGO

    BOARD MEMBER & MARKET PRESIDENT

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

    Schedule J breakdown matched by us

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

  • DEBRA JOHNSON

    BOARD MEMBER

    Total calculated
    $14,500
    From this org
    $0
    From related orgs
    $14,500
    Other
    $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
    $409,059
    From this org
    $0
    From related orgs
    $375,801
    Other
    $33,258
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $349,989 related
    Bonus
    $0 + $20,000 related
    Other
    $0 + $5,812 related
    Deferred
    $0 + $6,900 related
    Nontaxable benefits
    $0 + $26,358 related
    Filer's total
    $0 + $409,059 related

  • JILL NELSON TO 1024

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • LINCOLN WALLACE MD

    BOARD VICE CHAIR

    Total calculated
    $366,002
    From this org
    $0
    From related orgs
    $310,856
    Other
    $55,146
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

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

  • MICHAEL WILLERTH MD

    BOARD MEMBER

    Total calculated
    $684,246
    From this org
    $0
    From related orgs
    $640,555
    Other
    $43,691
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $592,387 related
    Bonus
    $0 + $45,000 related
    Other
    $0 + $3,168 related
    Deferred
    $0 + $17,250 related
    Nontaxable benefits
    $0 + $26,441 related
    Filer's total
    $0 + $684,246 related

  • SARAH MARSH

    MARKET VP FIN OPERATIONS

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

    Schedule J breakdown matched by us

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

  • STEVEN COLERICK

    CEO - BUENA VISTA REG. MED. CTR

    Total calculated
    $401,701
    From this org
    $350,279
    From related orgs
    $0
    Other
    $51,422
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $316,508
    Bonus
    $33,633
    Other
    $138
    Deferred
    $17,250
    Nontaxable benefits
    $34,172
    Filer's total
    $401,701

  • MATTHEW JOHNSON

    CEO - LORING HOSPITAL

    Total calculated
    $320,734
    From this org
    $273,994
    From related orgs
    $0
    Other
    $46,740
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $226,454
    Bonus
    $27,308
    Other
    $20,232
    Deferred
    $12,641
    Nontaxable benefits
    $34,099
    Filer's total
    $320,734

  • KARI JONES

    MARKET CHIEF NURSING OFFICER

    Total calculated
    $343,701
    From this org
    $288,967
    From related orgs
    $0
    Other
    $54,734
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $215,295
    Bonus
    $69,498
    Other
    $4,174
    Deferred
    $31,611
    Nontaxable benefits
    $23,123
    Filer's total
    $343,701

  • JAMES ROETMAN

    CEO - POCAHONTAS COMMUNITY HOSPITAL

    Total calculated
    $413,161
    From this org
    $367,334
    From related orgs
    $0
    Other
    $45,827
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $332,298
    Bonus
    $34,898
    Other
    $138
    Deferred
    $17,250
    Nontaxable benefits
    $28,577
    Filer's total
    $413,161

  • MICHELLE SLEITER

    CEO - HUMBOLDT COUNTY MEMORIAL HOSP.

    Total calculated
    $322,563
    From this org
    $282,362
    From related orgs
    $0
    Other
    $40,201
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $247,030
    Bonus
    $35,272
    Other
    $60
    Deferred
    $13,717
    Nontaxable benefits
    $26,484
    Filer's total
    $322,563

  • 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

  • TROY MARTENS TO 0322

    FORMER COO

    Total calculated
    $297,939
    From this org
    $0
    From related orgs
    $263,070
    Other
    $34,869
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $224,489 related
    Bonus
    $0 + $33,593 related
    Other
    $0 + $4,988 related
    Deferred
    $0 + $13,682 related
    Nontaxable benefits
    $0 + $21,187 related
    Filer's total
    $0 + $297,939 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 AND KARI JONES $21,198. 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

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.

Provenance

Return type
form_990
Tax year
2024
Filed
5 November 2025
IRS schema version
2024v5.2
Source object
202543179349307544

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.