Infinity Health
- Assets
- $10.5m
- Revenue
- $17.4m
- Investments
- $712.1k
- Employees
- 195
- Location
- Leon, IA
- Founding
- 09/1998
- Data as of
- 11/2023
- EIN
- 39-1908462
Organization Overview
Infinity Health is located in Leon, IA. The organization was established in 1998. As of 11/2023, Infinity Health employed 195 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Infinity Health is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 11/2023, Infinity Health generated $17.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $17.4m during the year ending 11/2023. While expenses have increased by 11.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
INFINITY HEALTH WILL MAKE HIGH QUALITY HEALTH CARE ACCESSIBLE TO EVERYONE IN OUR REGION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INFINITY HEALTH (IH) WAS FUNDED AS A FEDERALLY QUALIFIED HEALTH CENTER (FQHC) IN DECATUR COUNTY, IOWA, IN 2005. TODAY, IH MANAGES ELEVEN LOCATIONS, TWO OF WHICH PROVIDE PRIMARY AND PREVENTIVE HEALTH CARE SERVICES. THE REGION SERVED IS INCREDIBLY RURAL, AND ACCESSIBILITY CAN OFTEN PRESENT A BARRIER TO HEALTH CARE. THE COMMUNITIES SERVED ARE IN GREAT NEED OF THE ACCESSIBLE, AFFORDABLE PRIMARY AND PREVENTIVE HEALTH CARE, AND THE ORGANIZATION IS COMMITTED TO ENSURING THAT THE COMMUNITIES' NEEDS ARE MET. THE ORGANIZATION CURRENTLY SERVES APPROXIMATELY 10,000 UNIQUE PATIENTS, CONDUCTING APPROXIMATELY 52,000 PATIENT VISITS ANNUALLY (2023 UDS). OF THESE, APPROXIMATELY 17,400 VISITS ARE FOR MEDICAL SERVICES. THE ORGANIZATION CURRENTLY HAS 5.5 FTE MEDICAL.
INFINITY HEALTH (IH) IS THE ONLY FQHC IN THE STATE OF IOWA THAT HAS ALSO RECEIVED THE DESIGNATION OF BEING A COMMUNITY MENTAL HEALTH CENTER (CMHC). IH CURRENTLY PROVIDES MENTAL HEALTH AND SUBSTANCE ABUSE SERVICES IN THE IOWA COUNTIES OF APPANOOSE, LUCAS, MONROE, WAYNE, RINGGOLD AND DECATUR. TELEMEDICINE SERVICES ARE PROVIDED IN EACH OF THE SEVEN LOCATIONS. THE ORGANIZATION CURRENTLY SERVES APPROXIMATELY 10,000 UNIQUE PATIENTS, CONDUCTING APPROXIMATELY 52,000 PATIENT VISITS ANNUALLY (2022 UDS). OF THESE, APPROXIMATELY 22,300 VISITS ARE FOR BEHAVIORAL HEALTH SERVICES AND 1,900 ARE FOR SUBSTANCE ABUSE SERVICES. THE ORGANIZATION CURRENTLY HAS 18.5 FTE BEHAVIORAL PROVIDERS AND 2 FTE SUBSTANCE ABUSE PROVIDERS.
INFINITY HEALTH PROVIDES ORAL HEALTH SERVICES IN THE LEON, OSCEOLA, AND MT AYR, IOWA FACILITIES. THE ORGANIZATION CURRENTLY SERVES APPROXIMATELY 10,000 UNIQUE PATIENTS, CONDUCTING APPROXIMATELY 52,000 PATIENT VISITS ANNUALLY (2023 UDS). OF THESE, APPROXIMATELY 6,700 VISITS ARE FOR DENTAL SERVICES. THE ORGANIZATION CURRENTLY HAS 4 FTE DENTAL PROVIDERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shirley Kessel Vice Chair | OfficerTrustee | 1 | $0 |
Marvin Mccann Board Chair | OfficerTrustee | 1 | $0 |
Dien Judge Left 7252023 Vice Chair | OfficerTrustee | 1 | $0 |
Alan Wilson Board Member | Trustee | 1 | $0 |
Bill Morain Secretary | OfficerTrustee | 1 | $0 |
Jodi Hensley Left 12423 Board Treasurer | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Integrated Telehealth Partners Telehealth Services | 11/29/20 | $255,884 |
James Brooks Contract Doctor | 11/29/20 | $180,990 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,446,903 |
| All other contributions, gifts, grants, and similar amounts not included above | $616,275 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,063,178 |
| Total Program Service Revenue | $12,346,903 |
| Investment income | $2,360 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $17,412,441 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $461,153 |
| Compensation of current officers, directors, key employees. | $461,153 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $8,428,091 |
| Pension plan accruals and contributions | $254,931 |
| Other employee benefits | $1,466,128 |
| Payroll taxes | $689,986 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $49,366 |
| Fees for services: Accounting | $77,656 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,137,072 |
| Advertising and promotion | $157,038 |
| Office expenses | $294,477 |
| Information technology | $813,820 |
| Royalties | $0 |
| Occupancy | $221,254 |
| Travel | $113,236 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $93,482 |
| Interest | $17,516 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $731,864 |
| Insurance | $131,219 |
| All other expenses | $86,642 |
| Total functional expenses | $17,350,142 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $282,389 |
| Savings and temporary cash investments | $1,298,198 |
| Pledges and grants receivable | $255,495 |
| Accounts receivable, net | $955,291 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $441,921 |
| Prepaid expenses and deferred charges | $180,591 |
| Net Land, buildings, and equipment | $5,793,695 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $712,135 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $586,019 |
| Total assets | $10,505,734 |
| Accounts payable and accrued expenses | $1,236,364 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $408,175 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $683,627 |
| Total liabilities | $2,328,166 |
| Net assets without donor restrictions | $8,177,223 |
| Net assets with donor restrictions | $345 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $10,505,734 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Shawnee Health Service And Development Corp Carterville, IL | $31,152,423 | $39,279,727 |
Christopher Greater Area Rural Health Planning Corporation Christopher, IL | $43,869,232 | $35,103,140 |
Rural Health Inc Anna, IL | $31,393,753 | $19,639,785 |
Infinity Health Leon, IA | $10,505,734 | $17,412,441 |
Henderson County Rural Health Center Inc Oquawka, IL | $6,126,469 | $6,162,817 |
Regional Hospice Services Inc Ashland, WI | $8,477,220 | $4,186,860 |
Aspirus Health Foundation Inc Wausau, WI | $36,765,149 | $4,598,529 |
Hrmc Foundation Huron, SD | $3,328,888 | $516,792 |
Shelby County Health Foundation Harlan, IA | $3,649,521 | $379,566 |
Rural Health Services Inc Alexandria, MN | $294,859 | $216,000 |
Nebraska Rural Health Association Papillion, NE | $223,450 | $0 |
Northern Lakes Health Care Fund Duluth, MN | $22,055 | $0 |