Trinity Regional Medical Center is located in Fort Dodge, IA. The organization was established in 1975. 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 12/2023, Trinity Regional Medical Center employed 1,045 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Trinity Regional Medical Center 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 12/2023, Trinity Regional Medical Center generated $184.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $178.2m during the year ending 12/2023. While expenses have increased by 7.2% 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 2017, Trinity Regional Medical Center has awarded 15 individual grants totaling $36,554,522. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE HEALTH OF OUR COMMUNITY AND REGION THROUGH HEALING, CARING AND EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEALTH-CARE SERVICESTRINITY REGIONAL MEDICAL CENTER IS AN IMPORTANT ELEMENT OF THE HEALTH-CARE DELIVERY SYSTEM THAT THE NORTH CENTRAL IOWA COMMUNITIES RELY ON EVERY DAY. IT IS COMMITTED TO PROVIDING QUALITY HEALTHCARE AND TO USING ITS RESOURCES TO THE GREATEST COMMUNITY BENEFIT. TRINITY REGIONAL MEDICAL CENTER 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, CRITICAL CARE, CARDIOLOGY, ONCOLOGY, REHABILITATION, MATERNAL/CHILD CARE, PEDIATRIC CARE, LABORATORY SERVICES, PHARMACEUTICAL DRUGS, RADIOLOGY AND MANY OTHER ROUTINE AND ANCILLARY SERVICES. SOME OF THE SERVICES PROVIDED DO NOT GENERATE ENOUGH INCOME TO OFFSET THEIR COST. IN THE FISCAL PERIOD ENDED DECEMBER 31, 2023, TRINITY REGIONAL MEDICAL CENTER ADMITTED 3,744 PATIENTS RESULTING IN A TOTAL OF 13,791 PATIENT DAYS. OUTPATIENT REGISTRATIONS TOTALED 99,100 AND TOTAL OUTPATIENT SURGERY REGISTRATIONS FOR THE SAME PERIOD WERE 3,185. THERE WERE ALSO 17,538 EMERGENCY ROOM VISITS AND 466 BABIES DELIVERED.
COMMUNITY BENEFIT, INCLUDING CHARITY CARECHARITY CARE AND MEANS-TESTED PROGRAMS: TRINITY REGIONAL MEDICAL CENTER 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 $769,509 IN 2023. OFTENTIMES, TRINITY REGIONAL MEDICAL CENTER RECEIVES PAYMENTS FROM PAYORS OR PATIENTS THAT ARE LESS THAN IT CHARGES FOR SERVICES. TRINITY REGIONAL MEDICAL CENTER PARTICIPATES IN MEDICAID AND OTHER GOVERNMENT-SPONSORED HEALTH-CARE PROGRAMS. TRINITY REGIONAL MEDICAL CENTER'S NET COST OF PROVIDING CARE FOR WHICH IT RECEIVES PAYMENT BELOW ITS COST IS $4,990,859 FOR 2023. TOTAL CHARITY CARE AND MEANS-TESTED PROGRAMS REPORTED VALUE: $5,760,368.OTHER BENEFITS: TRINITY REGIONAL MEDICAL CENTER PROVIDES SEVERAL OTHER BENEFITS THAT ASSIST THE COMMUNITY. PROGRAMS 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. TRINITY REGIONAL MEDICAL CENTER COLLABORATES WITH OTHER HOSPITALS, CHURCHES, SCHOOLS, CHAMBERS OF COMMERCE AND DAYCARE CENTERS TO IMPROVE COMMUNITY HEALTH AND EXPAND ACCESS TO HEALTH CARE. TRINITY REGIONAL MEDICAL CENTER HAS DEDICATED STAFF TO ASSIST COMMUNITY BENEFIT EFFORTS. TOTAL OTHER BENEFITS REPORTED VALUE: $14,188,141.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Charles Clayton Board Member | Trustee | 1 | $0 |
Neven Conrad Board Chair | OfficerTrustee | 1 | $0 |
Chris Frideres Board Member | Trustee | 1 | $0 |
Mike Frischmeyer Board Chair | OfficerTrustee | 1 | $0 |
Leah Glasgo - Board Membeer & President/ceo (sc & Fd) | OfficerTrustee | 1 | $0 |
Debra Johnson Board Member | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Amn Healthcare Inc Staffing Services | 12/30/23 | $3,710,322 |
Weatherby Locums Inc Staffing Services | 12/30/23 | $1,021,042 |
Chg Companies Inc Staffing Services | 12/30/23 | $1,409,943 |
Aya Locums Llc Staffing Services | 12/30/23 | $1,391,934 |
Cnos Pc Staffing Services | 12/30/23 | $748,077 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $1,457,986 |
Government grants | $110,713 |
All other contributions, gifts, grants, and similar amounts not included above | $3,979 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,572,678 |
Total Program Service Revenue | $176,883,085 |
Investment income | $2,191,926 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $747,388 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $184,137,396 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $9,486,080 |
Grants and other assistance to domestic individuals. | $37,519 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $240,402 |
Compensation of current officers, directors, key employees. | $240,402 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $78,618,594 |
Pension plan accruals and contributions | $2,227,265 |
Other employee benefits | $9,484,100 |
Payroll taxes | $4,334,245 |
Fees for services: Management | $17,613,614 |
Fees for services: Legal | $1,015,330 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $412,429 |
Fees for services: Other | $13,090,676 |
Advertising and promotion | $112,152 |
Office expenses | $1,595,667 |
Information technology | $398,619 |
Royalties | $0 |
Occupancy | $4,536,912 |
Travel | $314,168 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $49,116 |
Interest | $602,261 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $5,629,043 |
Insurance | $1,739,687 |
All other expenses | $0 |
Total functional expenses | $178,183,479 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $5,352,504 |
Savings and temporary cash investments | $3,589,365 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $16,674,907 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $24,717,158 |
Inventories for sale or use | $4,059,937 |
Prepaid expenses and deferred charges | $514,289 |
Net Land, buildings, and equipment | $73,473,951 |
Investments—publicly traded securities | $70,612,216 |
Investments—other securities | $0 |
Investments—program-related | $30,685,536 |
Intangible assets | $0 |
Other assets | $1,944,683 |
Total assets | $231,624,546 |
Accounts payable and accrued expenses | $12,818,476 |
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 | $5,427 |
Other liabilities | $17,751,039 |
Total liabilities | $30,574,942 |
Net assets without donor restrictions | $190,699,269 |
Net assets with donor restrictions | $10,350,335 |
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 | $231,624,546 |
Over the last fiscal year, Trinity Regional Medical Center has awarded $9,467,907 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
TRINITY HEALTH FOUNDATION PURPOSE: PROGRAM SERVICES | $508,440 |
IOWA PHYSICIANS CLINIC MEDICAL FOUNDATION PURPOSE: PROGRAM SERVICES | $7,959,467 |
TRINITY HEALTH SYSTEM PURPOSE: PROGRAM SERVICES | $1,000,000 |