Allen Health Systems Inc
Nonprofit profile at a glance
- EIN
- 421201924
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Waterloo, IA, USA
- Phone
- 3192353995
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $2,471,923
- Expenses
- $2,471,923
- Assets
- $75,962,218
- Liabilities
- $53,891,923
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- JENNIFER FRIEDLY (BOARD MEMBER & MARKET PRESIDENT)
- PAMELA DELAGARDELLE TO 823 (FORMER PRESIDENT/CEO)
Highest reported compensation
- PAMELA DELAGARDELLE TO 823 (FORMER PRESIDENT/CEO): $934,735 total reported compensation
- PRADEEP RAMESH MD (BOARD MEMBER): $643,326 total reported compensation
- JENNIFER FRIEDLY (BOARD MEMBER & MARKET PRESIDENT): $562,472 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To improve the health care of the people and communities we serve.
What it reported doing in 2024
Affiliate support servicesallen health system is organized to support the missions of several related charitable, tax-exempt organizations including allen memorial hospital corporation, memorial foundation of allen hospital, allen college, black hawk-grundy mental health center, unitypoint health-marshalltown, & unitypoint health-marshalltown foundation. 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 a hospital, 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.
Operating model
- Revenue model
- Investment-supported. 100% of the money available for current operations came from recurring investment income.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and a relatively small share of voting board members are independent.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 64
- Accountability: 67
- Sustainability: 48
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 44.4%; rating input score 44; 7th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 0%; rating input score 33; 33rd percentile among comparable filings
- Total-asset coverage ratio: 30.73; rating input score 98; 98th percentile among comparable filings
- Liabilities to assets ratio: 0.71; rating input score 13; 13th percentile among comparable filings
- Officer compensation ratio: 17%; rating input score 16; 16th percentile among comparable filings
Growth
- Program expense growth: 11.1% per year; rating input score 100; 68th percentile among comparable filings
- Revenue growth: 11.7% per year; rating input score 100; 74th percentile among comparable filings
- Asset growth: 22.5% per year; rating input score 100; 87th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: 4 of 9 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $2.5M in reported program spending
- Leadership: top reported pay $935K · 12 people listed · 0 of 6 pay-setting controls reported
- Consistency: 16 of 16 current checks pass
- Schedules: 5 filed schedules · includes executive pay
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Related organizations: 79 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- Moderate — Accountability: Independent voting board scored 44/100.
- Moderate — Sustainability: Operating margin scored 33/100.
- High — Sustainability: Liabilities to assets ratio scored 13/100.
- High — Sustainability: Officer compensation ratio scored 16/100.