Trinity Regional Medical Center

Organization Overview

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 12/2021, Trinity Regional Medical Center employed 1,242 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 12/2021, Trinity Regional Medical Center generated $164.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $152.0m during the year ending 12/2021. While expenses have increased by 5.8% 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

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:

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, 2021, TRINITY REGIONAL MEDICAL CENTER ADMITTED 3,536 PATIENTS RESULTING IN A TOTAL OF 14,400 PATIENT DAYS. OUTPATIENT REGISTRATIONS TOTALED 69,414 AND TOTAL OUTPATIENT SURGERY REGISTRATIONS FOR THE SAME PERIOD WERE 2,975. THERE WERE ALSO 19,524 EMERGENCY ROOM VISITS AND 497 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 $871,274 IN 2021. 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 $8,457,748 FOR 2021. TOTAL CHARITY CARE AND MEANS-TESTED PROGRAMS REPORTED VALUE: $9,329,022.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: $7,594,754.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Murray Builders Llc
Construction Services
$5,699,623
Aya Locums Llc
Staffing Services
$1,388,118
Health Carousel Llc
Staffing Services
$938,144
Chg Companies Inc
Staffing Services
$710,832
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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$1,445,573
Government grants $759,501
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$2,205,074
Total Program Service Revenue$155,879,470
Investment income $1,582,209
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $3,711,927
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $164,643,277

Grants Awarded

Over the last fiscal year, Trinity Regional Medical Center has awarded $6,606,048 in support to 2 organizations.

Grant RecipientAmount

IOWA PHYSICIANS CLINIC MEDICAL FOUNDATION

Org PageRecipient Profile

West Des Moines, IA

PURPOSE: PROGRAM SERVICES

$6,145,180

TRINITY HEALTH FOUNDATION

Org PageRecipient Profile

Fort Dodge, IA

PURPOSE: PROGRAM SERVICES

$460,868
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Trinity Regional Medical Center has recieved totaling $1,450,216.

Awarding OrganizationAmount
Trinity Health Foundation

Fort Dodge, IA

PURPOSE: PROGRAM SUPPORT

$1,450,216
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$63,887,017
Earnings$7,268,110
Admin Expense$171,699
Net Contributions$1,754,298
Grants$1,174,925
Ending Balance$71,562,801

Peer Organizations

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Ascension St John Hospital
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Advocate North Side Health Network
Downers Grove, IL
$901,672,521
The Carle Foundation Hospital
Urbana, IL
$1,085,020,210
Monument Health Rapid City Hospital Inc
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$951,840,989
Ssm Healthcare Of Oklahoma Inc
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$906,998,301
Regions Hospital
Minneapolis, MN
$936,558,758
Catholic Health Initiatives-Iowa Corp
Des Moines, IA
$904,841,538
Central Iowa Hospital Corporation
Des Moines, IA
$937,321,371

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