Central Iowa Health System

Nonprofit profile at a glance

EIN
421189791
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Des Moines, IA, USA
Phone
5152416212
Rating confidence
Limited
Sector
Community Health Systems

Reported finances

Revenue
$0
Expenses
$0
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

16 people listed

Executive titles in this filing

  • JON ROZENFELD BOARD SECRETARY (MARKET PRESIDENT (FR 01/24))
  • DAVID STARK CHIEF GOVT AFFAIRS PHI (OFF (IHS), INTERIM CEO (TO 12/23))

Highest reported compensation

  • DAVID STARK CHIEF GOVT AFFAIRS PHI (OFF (IHS), INTERIM CEO (TO 12/23)): $879,561 total reported compensation
  • JON ROZENFELD BOARD SECRETARY (MARKET PRESIDENT (FR 01/24)): $625,264 total reported compensation
  • THOMAS MATHEWS (MARKET CFO): $526,970 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Improving the health of the community through healing, caring and teaching.

What it reported doing in 2024

Affiliate support servicescentral Iowa health system is organized to support the missions of several related charitable, tax-exempt organizations including central Iowa hospital corporation, central Iowa health properties corporation and Iowa health foundation. The support services provided to these organizations are to construct, own, lease, manage, operate, provide and maintain any facilities, programs, services and related activities, in furtherance of health-care or health education. Facilities include Iowa methodist medical center, Iowa lutheran hospital, blank childrens hospital, methodist west hospital, partners in health physician clinics, 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
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 43
  • Accountability: 83
  • Sustainability: NotEnoughData
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 66.7%; rating input score 67; 0th 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: 71.4%; rating input score 71; 23rd 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: Limited
  • Total-asset coverage ratio: Limited
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: -13.6% per year; rating input score 0; 24th percentile among comparable filings
  • Revenue growth: -8.8% per year; rating input score 0; 34th percentile among comparable filings
  • Asset growth: -19.8% per year; rating input score 0; 7th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 10 of 14 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $880K · 16 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 7 of 9 current checks pass · 2 findings to review
  • 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 — Transparency & Controls: Series filing activity did not reconcile in the filed values.
  • Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.