Allen Memorial Hospital Corporation is located in Waterloo, IA. The organization was established in 1941. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2022, Allen Memorial Hospital Corporation employed 2,671 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Allen Memorial Hospital Corporation 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 12/2022, Allen Memorial Hospital Corporation generated $328.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $340.4m during the year ending 12/2022. While expenses have increased by 5.8% per year over the past 8 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.
Since 2014, Allen Memorial Hospital Corporation has awarded 51 individual grants totaling $167,082,361. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
IMPROVE THE HEALTH OF THE PEOPLE AND COMMUNITIES WE SERVE THROUGH HEALING, CARING AND TEACHING.
Describe the Organization's Program Activity:
HEALTH-CARE SERVICES`ALLEN MEMORIAL HOSPITAL CORPORATION IS AN IMPORTANT ELEMENT OF THE HEALTH-CARE DELIVERY SYSTEM THAT THE GREATER CEDAR VALLEY COMMUNITIES RELY ON EVERY DAY. IT IS COMMITTED TO PROVIDING QUALITY HEALTH-CARE AND TO USING ITS RESOURCES TO THE GREATEST COMMUNITY BENEFIT. ALLEN MEMORIAL HOSPTIAL CORPORATION PROVIDES INPATIENT AND OUTPATIENT MEDICAL SERVICES TO TREAT INDIVIDUALS WITH DISEASES, ILLNESS AND INJURIES WITH VARYING COMPLEXITIES. IT PROVIDES SERVICES TO IMPROVE THE HEALTH OF PATIENTS AND TO BETTER THEIR QUALITY OF LIFE. ALL SERVICES ARE PROVIDED REGARDLESS OF AN INDIVIDUAL'S RACE, CREED, SEX, NATIONALITY, HANDICAP, AGE OR ABILITY TO COMPENSATE FOR SERVICES RENDERED. THESE INCLUDE, BUT ARE NOT LIMITED TO, GENERAL ACUTE CARE, SURGERIES, INTENSIVE CARE AND CRITICAL CARE, MENTAL HEALTH CARE, CARDIOLOGY, ONCOLOGY, REHABILITATION, BEHAVIORAL DISORDER PROGRAMS, MATERNAL/CHILD CARE, LABORATORY, PHARMACEUTICAL DRUGS, WOUND CARE, EMERGENCY SERVICES, OUTPATIENT CLINICS, CHECK-UPS AND RADIOLOGY. SOME OF THE SERVICES PROVIDED DO NOT GENERATE ENOUGH INCOME TO OFFSET THEIR COST. IN THE FISCAL PERIOD ENDED DECEMBER 31, 2022, ALLEN MEMORIAL HOSPITAL CORPORATION ADMITTED 10,029 PATIENTS WITHOUT NEWBORNS AND NICU AND 11,201 PATIENTS WITH NEWBORNS AND NICU; RESULTING IN A TOTAL OF 43,068 PATIENT DAYS WITHOUT NEWBORNS AND NICU, AND 45,394 PATIENT DAYS WITH NEWBORNS AND NICU. OUTPATIENT VISITS TOTALED 215,387 AND TOTAL OUTPATIENT SURGERY REGISTRATIONS FOR THE SAME PERIOD WERE 4,037. THERE WERE ALSO 36,649 EMERGENCY ROOM VISITS AND 1,282 BABIES DELIVERED.
CHARITY CARE, MEANS-TESTED PROGRAMS AND OTHER COMMUNITY BENEFITSCHARITY CARE AND MEANS-TESTED PROGRAMS: ALLEN MEMORIAL HOSPITAL CORPORATION PROVIDES CHARITY CARE AND OTHER MEANS-TESTED PROGRAMS WITH THE GOAL TO IMPROVE THE COMMUNITY'S OVERALL HEALTH AND ACCESS TO CARE. THIS INCLUDES HEALTH-CARE SERVICES REGARDLESS OF THE PATIENT'S INSURANCE COVERAGE OR FINANCIAL STATUS. CHARITY CARE AND PARTIAL TO FULL FINANCIAL ASSISTANCE IS PROVIDED TO PATIENTS ON A CASE-BY-CASE BASIS. CHARITY CARE WAS MADE AVAILABLE AT A VALUE OF $1,423,089 IN 2022. OFTEN TIMES, ALLEN MEMORIAL HOSPITAL CORPORATION RECEIVES PAYMENTS FROM PAYORS OR PATIENTS THAT ARE LESS THAN IT CHARGES FOR SERVICES. ALLEN MEMORIAL HOSPITAL CORPORATION PARTICIPATES IN MEDICAID AND OTHER GOVERNMENT-SPONSORED HEALTH-CARE PROGRAMS. ALLEN MEMORIAL HOSPITAL CORPORATION'S NET COST OF PROVIDING CARE FOR WHICH IT RECEIVES PAYMENT BELOW ITS COST IS $13,448,464 FOR 2022. TOTAL CHARITY CARE AND MEANS-TESTED PROGRAMS REPORTED VALUE: $14,871,553.OTHER BENEFITS: ALLEN MEMORIAL HOSPITAL CORPORATION PROVIDES SEVERAL OTHER BENEFITS THAT ASSIST THE COMMUNITY. PROGRAMS MAY INCLUDE, BUT ARE NOT LIMITED TO, COMMUNITY HEALTH IMPROVEMENT SERVICES AND COMMUNITY BENEFIT OPERATIONS SUCH AS PREVENTION AND HEALTH SCREENINGS; HEALTH PROFESSIONAL'S EDUCATION; SUBSIDIZED HEALTH SERVICES; RESEARCH, AND CASH AND IN-KIND CONTRIBUTIONS TO COMMUNITY GROUPS. ALLEN MEMORIAL HOSPITAL CORPORATION COLLABORATES WITH OTHER HOSPITALS, CHURCHES, SCHOOLS, CHAMBERS OF COMMERCE AND DAYCARE CENTERS TO IMPROVE COMMUNITY HEALTH AND EXPAND ACCESS TO HEALTH CARE. ALLEN MEMORIAL HOSPITAL CORPORATION HAS DEDICATED STAFF TO ASSIST COMMUNITY BENEFIT EFFORTS. TOTAL OTHER BENEFITS REPORTED VALUE: $18,901,453.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Stacey Bentley Board Chair | OfficerTrustee | 1 | $1,172 |
Henry Bevel Board Member | Trustee | 1 | $0 |
Bob Buckley Board Member | Trustee | 1 | $55 |
Michael Byl Board Vice Chair | OfficerTrustee | 1 | $0 |
Kyle Christiason MD Board Secretary | OfficerTrustee | 1 | $0 |
Pamela Delagardelle Board Member/president/ceo | OfficerTrustee | 40 | $671,810 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
American Healthcare Staffing Association Healthcare Staffing | 12/30/22 | $13,193,384 |
Cedar Valley Medical Specialist Medical Services | 12/30/22 | $6,269,650 |
Hot Shots Nm Llc Medical Services | 12/30/22 | $1,203,067 |
Chg Companies Healthcare Staffing | 12/30/22 | $1,170,798 |
Aramark Services Inc Management Services | 12/30/22 | $1,142,148 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $1,148,145 |
Government grants | $7,452,967 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $8,601,112 |
Total Program Service Revenue | $303,046,728 |
Investment income | $3,720,726 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $11,662,348 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $35,770 |
Miscellaneous Revenue | $0 |
Total Revenue | $328,488,106 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $30,562,331 |
Grants and other assistance to domestic individuals. | $533 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $2,071,387 |
Compensation of current officers, directors, key employees. | $2,071,387 |
Compensation to disqualified persons | $275,945 |
Other salaries and wages | $126,529,135 |
Pension plan accruals and contributions | $4,094,969 |
Other employee benefits | $14,127,131 |
Payroll taxes | $6,927,801 |
Fees for services: Management | $31,348,930 |
Fees for services: Legal | $522,317 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $801,597 |
Fees for services: Other | $15,598,032 |
Advertising and promotion | $729,579 |
Office expenses | $908,829 |
Information technology | $75,550 |
Royalties | $0 |
Occupancy | $8,015,926 |
Travel | $247,736 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $76,827 |
Interest | $4,037,870 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $12,036,828 |
Insurance | $1,807,068 |
All other expenses | $0 |
Total functional expenses | $340,402,400 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $4,663,717 |
Savings and temporary cash investments | $3,765,729 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $39,480,519 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $41,580,547 |
Inventories for sale or use | $7,686,354 |
Prepaid expenses and deferred charges | $951,930 |
Net Land, buildings, and equipment | $113,769,860 |
Investments—publicly traded securities | $167,036,518 |
Investments—other securities | $0 |
Investments—program-related | $7,928,385 |
Intangible assets | $3,993,978 |
Other assets | $15,989,290 |
Total assets | $406,846,827 |
Accounts payable and accrued expenses | $24,014,404 |
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 | $0 |
Unsecured mortgages and notes payable | $2,201,826 |
Other liabilities | $137,669,783 |
Total liabilities | $163,886,013 |
Net assets without donor restrictions | $236,792,621 |
Net assets with donor restrictions | $6,168,193 |
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 | $406,846,827 |
Over the last fiscal year, Allen Memorial Hospital Corporation has awarded $30,516,931 in support to 7 organizations.
Grant Recipient | Amount |
---|---|
BLACK HAWK GRUNDY MENTAL HEALTH CENTER PURPOSE: PROGRAM SUPPORT | $500,000 |
AMERICAN CANCER SOCIETY PURPOSE: PROGRAM SUPPORT | $8,000 |
HAWKEYE COMMUNITY COLLEGE PURPOSE: PROGRAM SUPPORT | $10,000 |
IOWA PHYSICIANS CLINIC MEDICAL FOUNDATION PURPOSE: PROGRAM SUPPORT | $29,029,367 |
MEMORIAL FOUNDATION OF ALLEN HOSPITAL PURPOSE: PROGRAM SUPPORT | $926,502 |
RIVERVIEW CENTER PURPOSE: PROGRAM SUPPORT | $26,395 |