Mid-Iowa Health Foundation
- Assets
- $19.8m
- Revenue
- $2.3m
- Investments
- $19.5m
- Employees
- 0
- Location
- Des Moines, IA
- Founding
- 04/1986
- Data as of
- 12/2021
- EIN
- 42-1235348
Organization Overview
Mid-Iowa Health Foundation is located in Des Moines, IA. The organization was established in 1986. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mid-Iowa Health Foundation 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, Mid-Iowa Health Foundation generated $2.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.8% each year . All expenses for the organization totaled $1.2m during the year ending 12/2021. While expenses have increased by 5.2% 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.
Since 2015, Mid-Iowa Health Foundation has awarded 290 individual grants totaling $4,842,030. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Suzanne Mineck President (retired) | 40 | $131,600 | |
Dr Nalo Johnson President | 40 | $18,000 | |
Kelly Grossman Director | 1 | $0 | |
Rob Barron Director | 1 | $0 | |
Buck Olsen Director | 1 | $0 | |
Joseph Jones Vice Chair | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,000 |
| Interest on Savings | $25 |
| Dividends & Interest | $493,082 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,773,069 |
| Capital Gain Net Income | $1,773,069 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,268,176 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $145,125 |
| Other employee salaries and wages | $96,030 |
| Pension plans, employee benefits | $47,145 |
| Interest | $0 |
| Taxes | $31,449 |
| Depreciation | $115 |
| Occupancy | $16,658 |
| Travel, conferences, and meetings | $13,247 |
| Printing and publications | $15,983 |
| Other expenses | $46,822 |
| Total operating and administrative expenses | $553,168 |
| Contributions, gifts, grants paid | $657,844 |
| Total expenses and disbursements | $1,211,012 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1 |
| Savings and temporary cash investments | $275,020 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,395 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $8,330,393 |
| Net Land, buildings, and equipment | $13,557 |
| Other assets | $0 |
| Total assets | $19,806,260 |
| Accounts payable and accrued expenses | $21,378 |
| Grants payable | $231,365 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $38,200 |
| Total liabilities | $290,943 |
Grants Awarded
Over the last fiscal year, Mid-Iowa Health Foundation has awarded $720,840 in support to 44 organizations.
| Grant Recipient | Amount |
|---|---|
IOWA ACES 360 PURPOSE: ACES MOVEMENT SUSTAINABILITY INITIATIVE | $70,000 |
Des Moines, IA PURPOSE: HEALTH REPORTING | $50,000 |
Des Moines, IA PURPOSE: HEALTH REPORTING | $50,000 |
IOWA DEPARTMENT OF HUMAN RIGHTS PURPOSE: YOUTH OPPORTUNITY PATHWAY | $44,516 |
IOWA DEPARTMENT OF HUMAN RIGHTS PURPOSE: YOUTH OPPORTUNITY PATHWAY | $44,516 |
Des Moines, IA PURPOSE: ENGAGE THOUGHT LEADERS & LEADERSHIP TEAMS TO PREPARE FOR FAMILY FIRST | $40,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Veap Inc Bloomington, MN | $8,119,973 | $16,891,199 |
Good Neighbor Society Manchester, IA | $17,383,047 | $14,618,459 |
Our Lady Of Angels Retirement Home Joliet, IL | $4,374,771 | $9,679,285 |
Mount St Joseph Lake Zurich, IL | $18,625,069 | $8,392,155 |
Fabricators & Manufacturers Association International Elgin, IL | $36,664,883 | $10,492,496 |
St Josephs Home Of Springfield Springfield, IL | $6,765,138 | -$5,947,093 |
Plain Church Medical Group Inc Arthur, IL | $1,903,756 | $9,584,459 |
Lutheran Home For The Aged Development Corp Prairie View Luth Danforth, IL | $5,765,834 | $9,143,268 |
Holy Spirit Retirement Home Inc Sioux City, IA | $7,907,297 | $9,080,099 |
Brahmananda Saraswati Yagya Foundation Fairfield, IA | $15,294,355 | $10,246,793 |
Ssm Health Foundation St Louis St Louis, MO | $35,477,442 | $11,468,412 |
St Francis Home Breckenridge, MN | $31,134,827 | $7,139,521 |