Skip to content
Nonprofiteer
← ST ANTHONY REGIONAL HOSPITAL AND NURSING HOME

Form 990 for tax year 2024

Filed by ST ANTHONY REGIONAL HOSPITAL AND NURSING HOME.

Totals

Total revenue
$130,911,044
Total expenses
$117,912,413
Contributions and grants received
$1,411,406
Grants paid
$303,205
Program service revenue
$123,797,099
Investment income
$5,363,167
Other revenue
$339,372
Total assets, end of year
$221,335,527
Total liabilities, end of year
$40,525,563
Net assets or fund balances, end of year
$180,809,964
Program services expenses (Part IX)
$112,119,888
Management and general expenses
$5,792,525
Fundraising expenses
$0
Program service expenses (Part III)
$112,119,888

Program services were 95.1% 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.

  • 1a · Federated campaigns

    $29,500

  • 1d · Related organizations

    $865,513

  • 1e · Government grants (contributions)

    $402,368

  • 1f · All other contributions, gifts and grants

    $114,025

  • 2a · Program service revenue: Patient Service Revenue

    total $119,775,290 · related or exempt $119,775,290

  • 2b · Program service revenue: Assisted Living

    total $2,073,900 · related or exempt $2,073,900

  • 2c · Program service revenue: Retirement Housing

    total $591,664 · related or exempt $591,664

  • 2d · Program service revenue: Cafeteria Revenue

    total $390,152 · related or exempt $390,152

  • 2f · All other program service revenue

    total $966,093 · related or exempt $966,093

  • 3 · Investment income

    total $2,273,499 · excluded $2,273,499

  • 6a · Gross rents

    real property $729,556

  • 6b · Less rental expenses

    real property $420,000

  • 6c · Rental income or loss

    real property $309,556

  • 6d · Net rental income or loss

    total $309,556 · excluded $309,556

  • 7a · Gross sales of assets other than inventory

    securities $70,798,155 · other assets $2,699,609

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

    securities $67,920,658 · other assets $2,487,438

  • 7c · Gain or loss

    securities $2,877,497 · other assets $212,171

  • 7d · Net gain or loss

    total $3,089,668 · excluded $3,089,668

  • 11a · Other revenue: Insurance Proceeds

    total $29,816 · related or exempt $29,816

  • 11e · Other revenue, total

    $29,816

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $303,205 · program services $303,205

  • 5 · Compensation of officers, directors and key employees

    total $281,953 · management and general $281,953

  • 7 · Other salaries and wages

    total $41,748,607 · program services $40,155,143 · management and general $1,593,464

  • 8 · Pension plan contributions

    total $1,151,003 · program services $1,123,300 · management and general $27,703

  • 9 · Other employee benefits

    total $5,394,768 · program services $5,190,435 · management and general $204,333

  • 10 · Payroll taxes

    total $2,824,581 · program services $2,702,048 · management and general $122,533

  • 11b · Fees: legal

    total $183,425 · management and general $183,425

  • 11c · Fees: accounting

    total $45,970 · management and general $45,970

  • 11d · Fees: lobbying

    total $10,182 · management and general $10,182

  • 11g · Fees: other

    total $16,384,881 · program services $15,446,252 · management and general $938,629

  • 12 · Advertising and promotion

    total $198,236 · program services $1,141 · management and general $197,095

  • 13 · Office expenses

    total $1,464,522 · program services $1,425,675 · management and general $38,847

  • 16 · Occupancy

    total $1,529,374 · program services $1,523,020 · management and general $6,354

  • 17 · Travel

    total $365,407 · program services $295,402 · management and general $70,005

  • 20 · Interest

    total $922,705 · program services $729,150 · management and general $193,555

  • 22 · Depreciation, depletion and amortization

    total $8,235,504 · program services $6,485,409 · management and general $1,750,095

  • 23 · Insurance

    total $845,970 · program services $845,970

  • 24a · Other expenses: Medical Supplies

    total $26,111,681 · program services $26,111,583 · management and general $98

  • 24b · Other expenses: Repairs and Maintenance

    total $4,005,070 · program services $3,937,391 · management and general $67,679

  • 24c · Other expenses: Tax Assessment

    total $3,612,232 · program services $3,612,232

  • 24d · Other expenses: Dues and Subscriptions

    total $1,433,542 · program services $1,372,937 · management and general $60,605

  • 24e · All other expenses

    total $859,595 · program services $859,595

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $3,247,273 · end of year $1,107,670

  • 3 · Pledges and grants receivable

    beginning of year $180,086 · end of year $127,131

  • 4 · Accounts receivable

    beginning of year $26,090,098 · end of year $17,874,183

  • 5 · Loans and receivables from officers and key people

    beginning of year $97,500 · end of year $484,480

  • 7 · Other notes and loans receivable

    beginning of year $1,000 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $2,790,459 · end of year $3,036,144

  • 9 · Prepaid expenses and deferred charges

    beginning of year $843,518 · end of year $1,087,272

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

    $180,392,302

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

    $114,035,607

  • 10c · Land, buildings and equipment, net

    beginning of year $72,110,601 · end of year $66,356,695

  • 11 · Investments: publicly traded securities

    beginning of year $79,632,470 · end of year $101,801,357

  • 15 · Other assets

    beginning of year $27,940,804 · end of year $29,460,595

  • 17 · Accounts payable and accrued expenses

    beginning of year $8,887,686 · end of year $8,880,538

  • 19 · Deferred revenue

    beginning of year $1,296,221 · end of year $990,624

  • 20 · Tax-exempt bond liabilities

    beginning of year $5,400,000 · end of year $2,816,197

  • 23 · Secured mortgages and notes payable

    beginning of year $26,718,938 · end of year $25,432,057

  • 25 · Other liabilities

    beginning of year $7,477,409 · end of year $2,406,147

  • 27 · Net assets without donor restrictions

    beginning of year $138,508,930 · end of year $154,220,313

  • 28 · Net assets with donor restrictions

    beginning of year $24,644,625 · end of year $26,589,651

Mission and programs · 2024

Mission

St. Anthony Regional Hospital is inspired by faith and committed to excellence. We are dedicated to improving the health of the people we serve. We will lead in providing high quality, high value healthcare services responsive to the needs of our patients and the region. We are committed to the health ministry of our sponsors, St. Anthony Ministries.

Activities or mission (Part I)

Consistently providing high quality healthcare services to meet patient and community needs.

  • St. Anthony Regional Hospital and Nursing Home, located in Carroll, Iowa, operates an acute care hospital, a nursing care center, several medical clinics, retirement housing called Orchard View, and assisted living called Garden View. The Hospital is a 49-bed Critical Access Hospital. St. Anthony Nursing Home has 79 beds. In the year ended June 30, 2025, St. Anthony Regional Hospital and Nursing Home provided health care services to approximately 1,591 inpatients, 74,795 outpatients, and 39,961 clinic visits. The Hospital provided services for 1,334 acute care inpatients, and provided psychiatric, swing bed, and nursing home services for the remainder of inpatients. Outpatient services were provided to patients through ancillary departments, emergency room, and clinics. (Continued on Schedule O)St. Anthony Hospital provides services of cardiac rehabilitation, dialysis, hospice care, laboratory, observation, chemotherapy, pathology, radiology, respiratory therapy, physical therapy, occupational therapy, speech therapy, diabetes, medical oncology, radiation therapy, and surgical services. St. Anthony's largest patient service area is physical therapy. In the year ended June 30, 2025, St. Anthony services 10,335 patients in physical therapy, 7,121 in emergency room, and 7,287 in radiology. The activities pursued by St. Anthony Regional Hospital and Nursing Home in the provision of health care services are consistent with its exempt purpose.As part of its mission, St. Anthony Regional Hospital provides medical care to individuals who are unable to pay for services, incurs costs in excess of reimbursement for services to Medicaid beneficiaries, and carries out other activities and programs free of charge to support the community in which it operates. Community benefit projects include community health education, health care support services, behavioral health services, community health improvement advocacy, and other traditional charity care.The Hospital provides care to patients who meet certain criteria under its charity care policy without charge or at amounts less than established rates. Since the Hospital does not pursue collection of amounts, they are not reported as revenue. The estimated cost of providing these services was $1,437,000 for the year ended June 30, 2025, calculated by multiplying the ratio of cost to gross charges for the Hospital by the gross uncompensated charges associated with providing charity care to its patients. For classification of accounts as charity care, the Hospital uses the "exhaust all possible sources" of payment standard, as referenced in the Hill Burton program. Although the Hospital no longer has a HillBurton obligation, they continue to use this standard when determining if an account is eligible for charity care. The Hospital exercises sound business practices and makes reasonable efforts to collect accounts; therefore, any unpaid balance that the Hospital has exhausted their collection efforts on is subsequently classified as charity care.

    Expenses $112,119,888 · Grants $303,205 · Revenue $123,826,915

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

Listed in Part VII

  • Jeff Scharfenkamp

    Chairperson

    Total calculated
    $0
    Hours/week
    0.3

  • Matt Greteman

    Treasurer

    Total calculated
    $0
    Hours/week
    0.3 + 0.3 related

  • Sr Rose Elsbernd

    Secretary

    Total calculated
    $0
    Hours/week
    0.3

  • Deb Auen

    Board Member

    Total calculated
    $0
    Hours/week
    0.3 + 0.3 related

  • Nick Badding

    Board Member

    Total calculated
    $0
    Hours/week
    0.3

  • Karl Eischeid DDS

    Board Member

    Total calculated
    $0
    Hours/week
    0.3

  • Sr Theresa Keller

    Board Member

    Total calculated
    $0
    Hours/week
    0.3 + 0.3 related

  • Jeff Koster

    Board Member

    Total calculated
    $0
    Hours/week
    0.3

  • Sr Joanne Moeller

    Board Member

    Total calculated
    $0
    Hours/week
    0.3

  • Sr Michelle Pettit

    Board Member

    Total calculated
    $0
    Hours/week
    0.3

  • Carly Quam DO

    Chief of Staff

    Total calculated
    $0
    Hours/week
    0.3

  • Allen Anderson

    CEO/President

    Total calculated
    $367,068
    From this org
    $321,184
    From related orgs
    $0
    Other
    $45,884
    Hours/week
    40 + 0.3 related

    Schedule J breakdown matched by us

    Base
    $300,481
    Bonus
    $20,703
    Other
    $0
    Deferred
    $13,838
    Nontaxable benefits
    $33,360
    Filer's total
    $368,382

  • Eric Salmonson

    CFO/Vice President

    Total calculated
    $65,321
    From this org
    $37,403
    From related orgs
    $0
    Other
    $27,918
    Hours/week
    40 + 0.3 related

  • Lindsey Pogge DO

    Family Medicine

    Total calculated
    $414,381
    From this org
    $391,402
    From related orgs
    $0
    Other
    $22,979
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $202,865
    Bonus
    $188,537
    Other
    $0
    Deferred
    $13,192
    Nontaxable benefits
    $10,074
    Filer's total
    $414,668

  • Danielle Coffey DO

    Family Medicine

    Total calculated
    $469,054
    From this org
    $431,572
    From related orgs
    $0
    Other
    $37,482
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $274,100
    Bonus
    $157,472
    Other
    $0
    Deferred
    $14,328
    Nontaxable benefits
    $23,463
    Filer's total
    $469,363

  • Brian Boes MD

    Neurology

    Total calculated
    $509,502
    From this org
    $465,107
    From related orgs
    $0
    Other
    $44,395
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $323,041
    Bonus
    $142,066
    Other
    $0
    Deferred
    $13,221
    Nontaxable benefits
    $31,498
    Filer's total
    $509,826

  • Richard Goding MD

    Orthopedics

    Total calculated
    $681,389
    From this org
    $627,456
    From related orgs
    $0
    Other
    $53,933
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $491,170
    Bonus
    $136,286
    Other
    $0
    Deferred
    $21,387
    Nontaxable benefits
    $32,870
    Filer's total
    $681,713

  • Amy Canuso DO

    Mental Health

    Total calculated
    $431,825
    From this org
    $389,866
    From related orgs
    $0
    Other
    $41,959
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $389,866
    Bonus
    $0
    Other
    $0
    Deferred
    $9,413
    Nontaxable benefits
    $32,780
    Filer's total
    $432,059

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

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments

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
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Part I, Line 4b
St. Anthony Regional Hospital and Nursing Home has a non-qualified loan regime split dollar life insurance arrangement. The arrangement is subject to the rules for non-qualified deferred compensation, including IRC 409A. Allen Anderson, CEO/President, and Eric Salmonson, CFO/Vice President, participated in a loan regime split dollar life insurance arrangement.
Part I, Line 7
In their roles as executives employed by St. Anthony Regional Hospital and Nursing Home, the executives are eligible for incentive payouts. The incentive award will be a percentage of the base pay compensation for the CEO and CFO. The ultimate payout includes a reduction/increase multiplier depending on whether the organization reached specified performance metrics identified by the Board of Directors.

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.

  • St Anthony Foundation

    501(c)(3) · Support St. Anthony Regional Hospital and Nursing Home · IA

    Directly controlled by St Anthony Ministries

  • St Anthony Ministries

    501(c)(3) · Religious Order · IA

Provenance

Return type
form_990
Tax year
2024
Filed
1 May 2026
IRS schema version
2024v5.5
Source object
202621249349302752

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.