Iowa Health Care Association is located in West Des Moines, IA. The organization was established in 1972. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. As of 12/2023, Iowa Health Care Association employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Iowa Health Care Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Iowa Health Care Association generated $4.4m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $4.7m during the year ending 12/2023. While expenses have increased by 5.4% per year over the past 9 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
A PROFESSIONAL TRADE ASSOCIATION SERVING THE LONG-TERM CARE PROFESSION IN THE STATE OF IOWA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL CONVENTION
EDUCATIONAL PROGRAMS
MEMBERSHIP SERVICES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Richard Curphey Ihca Chair | OfficerTrustee | 2 | $0 |
Lisa Toti Vice-Chair | OfficerTrustee | 2 | $0 |
Kris Hansen Chair Appointment | OfficerTrustee | 2 | $0 |
Dave Dixon Ihca Immediate Past Chair | OfficerTrustee | 2 | $0 |
David Chensvold Treasurer, Secretary | OfficerTrustee | 2 | $0 |
Michael Beal Director-At-Large | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
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 | $0 |
Total Program Service Revenue | $4,253,528 |
Investment income | $40,762 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $4,394,290 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $788,464 |
Other salaries and wages | $1,612,070 |
Pension plan accruals and contributions | $56,626 |
Other employee benefits | $62,482 |
Payroll taxes | $178,984 |
Fees for services: Management | $0 |
Fees for services: Legal | $123,931 |
Fees for services: Accounting | $11,250 |
Fees for services: Lobbying | $185,000 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $477,339 |
Advertising and promotion | $142,011 |
Office expenses | $117,886 |
Information technology | $111,758 |
Royalties | $0 |
Occupancy | $128,537 |
Travel | $124,544 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $206,576 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $145,347 |
Insurance | $28,765 |
All other expenses | $15,116 |
Total functional expenses | $4,698,947 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $270,944 |
Savings and temporary cash investments | $895,130 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $390,915 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $3,680 |
Prepaid expenses and deferred charges | $68,836 |
Net Land, buildings, and equipment | $1,433,777 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $58,827 |
Total assets | $3,122,109 |
Accounts payable and accrued expenses | $175,170 |
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 | $0 |
Other liabilities | $56,922 |
Total liabilities | $232,092 |
Net assets without donor restrictions | $2,890,017 |
Net assets with donor restrictions | $0 |
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 | $3,122,109 |