Iowa Health System
- Assets
- $1.3b
- Revenue
- $495.1m
- Investments
- $0.0
- Employees
- 2,765
- Location
- West Des Moines, IA
- Founding
- 10/1996
- Data as of
- 12/2023
- EIN
- 42-1435199
Organization Overview
Iowa Health System, operating under the name Unitypoint Health, is located in West Des Moines, IA. The organization was established in 1996. According to its NTEE Classification (E02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Health Care and related organizations. As of 12/2023, Unitypoint Health employed 2,765 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Unitypoint 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 12/2023, Unitypoint Health generated $495.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $487.4m during the year ending 12/2023. While expenses have increased by 2.3% 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, Unitypoint Health has awarded 84 individual grants totaling $447,409,603. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE HEALTH OF THE PEOPLE AND COMMUNITIES WE SERVE.
Describe the Organization's Program Activity:
AFFILIATE SUPPORT SERVICESIOWA HEALTH SYSTEM (D/B/A UNITYPOINT HEALTH) IS ORGANIZED TO SUPPORT THE MISSIONS OF SEVERAL RELATED CHARITABLE, TAX-EXEMPT ORGANIZATIONS INCLUDING THE FOLOWING MARKETS, IOWA HEALTH DES MOINES (DES MOINES), TRINITY REGIONAL HEALTH SYSTEM (QUAD CITIES), ST. LUKE'S HEALTHCARE (CEDAR RAPIDS), ALLEN HEALTH SYSTEMS (WATERLOO), TRINITY HEALTH SYSTEMS (FORT DODGE), ST. LUKE'S HEALTH SYSTEM (SIOUX CITY), FINLEY TRI-STATES HEALTH GROUP (DUBUQUE), MERITER HEALTH SERVICES (MADISON), AND IOWA PHYSICIANS CLINIC MEDICAL FOUNDATION (DBA UNITYPOINT CLINIC), UNITYPOINT AT HOME, AS WELL AS MULTIPLE RURAL AFFILIATES. THE SUPPORT SERVICES PROVIDED TO THESE ORGANIZATIONS ARE TO CONSTRUCT, OWN, LEASE, MANAGE, OPERATE, PROVIDE AND MAINTAIN ANY FACILITIES, PROGRAMS, SERVICES (MANAGEMENT OR OTHERWISE) AND RELATED ACTIVITIES IN FURTHERANCE OF HEALTH-CARE OR HEALTH EDUCATION. FACILITIES INCLUDE HOSPITALS, SELF-CARE FACILITIES, CLINICS, EDUCATIONAL FACILITIES, AND OTHER ESTABLISHMENTS CREATED TO CARRY THROUGH HEALTH-CARE AND EDUCATIONAL PROGRAMS. THE PRIMARY PURPOSE OF THE CORPORATION IS TO ENGAGE IN AND CONDUCT CHARITABLE, EDUCATIONAL, RELIGIOUS AND SCIENTIFIC ACTIVITIES IN ACCORDANCE WITH PREVIOUSLY STATED PURPOSES.
COMMUNITY BENEFITIOWA HEALTH SYSTEM 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. IOWA HEALTH SYSTEM COLLABORATES WITH OTHER HOSPITALS, CHURCHES, SCHOOLS, CHAMBERS OF COMMERCE AND DAYCARE CENTERS TO IMPROVE COMMUNITY HEALTH AND EXPAND ACCESS TO HEALTH CARE. IOWA HEALTH SYSTEM HAS DEDICATED STAFF TO ASSIST COMMUNITY BENEFIT EFFORTS. TOTAL OTHER BENEFITS REPORTED VALUE: $35,000.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bill Arnold Board Member | Trustee | 1 | $14,500 |
Brad Brody Board Chair (to 7/23) | OfficerTrustee | 1 | $25,000 |
Kyle Christiason MD Board Member | Trustee | 1 | $0 |
Gregory Churchill Board Member | Trustee | 1 | $14,500 |
Adaeze Enekwechi Board Member (to 7/23) | Trustee | 1 | $7,250 |
Angela Walker Franklin PHD Board Member | Trustee | 1 | $14,500 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
H&r Accounts Inc Collection Services | 12/30/23 | $7,948,900 |
Apprise Md Llc Provider Consulting | 12/30/23 | $5,165,647 |
Deloitte Consulting Llp Consulting Services | 12/30/23 | $4,439,624 |
Alvarez & Marsal Holdings Llc Consulting Services | 12/30/23 | $3,937,146 |
Trilix Marketing Group Inc Marketing Services | 12/30/23 | $3,417,978 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,233,368 |
| All other contributions, gifts, grants, and similar amounts not included above | $29,621 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,262,989 |
| Total Program Service Revenue | $430,042,987 |
| Investment income | $54,167,863 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$2,546,503 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $495,106,486 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $35,000 |
| 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. | $22,390,808 |
| Compensation of current officers, directors, key employees. | $22,390,808 |
| Compensation to disqualified persons | $1,113,636 |
| Other salaries and wages | $166,767,367 |
| Pension plan accruals and contributions | $7,420,333 |
| Other employee benefits | $39,633,544 |
| Payroll taxes | $15,325,780 |
| Fees for services: Management | -$21,219 |
| Fees for services: Legal | $11,315,226 |
| Fees for services: Accounting | $1,074,236 |
| Fees for services: Lobbying | $548,068 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $578,005 |
| Fees for services: Other | $133,281,632 |
| Advertising and promotion | $3,764,946 |
| Office expenses | $732,708 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $9,551,952 |
| Travel | $1,140,804 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $269,669 |
| Interest | $42,154,826 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $29,085,250 |
| Insurance | $1,031,134 |
| All other expenses | $0 |
| Total functional expenses | $487,441,362 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $127,592,305 |
| Savings and temporary cash investments | $150,856,346 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $785,370,021 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $41,284,786 |
| Net Land, buildings, and equipment | $79,079,844 |
| Investments—publicly traded securities | $106,016,991 |
| Investments—other securities | $0 |
| Investments—program-related | $13,327,200 |
| Intangible assets | $34,500 |
| Other assets | $9,162,611 |
| Total assets | $1,312,724,604 |
| Accounts payable and accrued expenses | $118,786,593 |
| Grants payable | $0 |
| Deferred revenue | $2,203,278 |
| Tax-exempt bond liabilities | $957,387,853 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $85,277,050 |
| Unsecured mortgages and notes payable | $40,356,398 |
| Other liabilities | $116,022,297 |
| Total liabilities | $1,320,033,469 |
| Net assets without donor restrictions | -$7,386,626 |
| Net assets with donor restrictions | $77,761 |
| 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 | $1,312,724,604 |
Grants Awarded
Over the last fiscal year, Iowa Health System has awarded $27,500 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
IOWA HEALTH FOUNDATION DBA UNITYPOINT HEALTH FOUNDATION PURPOSE: PROGRAM SUPPORT | $10,000 |
ONE IOWA PURPOSE: PROGRAM SUPPORT | $7,500 |
METHODIST MEDICAL CENTER FOUNDATION DBA CENTRAL ILLINOIS FOUNDATION PURPOSE: PROGRAM SUPPORT | $10,000 |