Delta Dental of Iowa

Nonprofit profile at a glance

EIN
420959302
IRS 990 coverage
2011–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024
Location
Johnston, IA, USA
Phone
800-544-0718
Rating
81
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$261,995,246
Expenses
$253,013,330
Assets
$180,246,097
Liabilities
$44,185,611

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

Leadership & pay

22 people listed

Executive titles in this filing

  • APRIL SCHMALTZ (PRESIDENT AND CEO)
  • SHERRY PERKINS (SENIOR VICE PRESIDENT, FINANCE)

Highest reported compensation

  • APRIL SCHMALTZ (PRESIDENT AND CEO): $828,311 total reported compensation
  • TODD HERREN (CHIEF OPERATIONS OFFICER): $667,047 total reported compensation
  • JEFF CHAFFIN DDS (CHIEF DENTAL OFFICER): $531,933 total reported compensation

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

Overview

Mission

Mission:** We are dedicated to improving the health and smiles of the people we serve. Values: Improve Lives -** We improve people's lives with our products and services. We give back to our communities. We believe in making a difference. Values and Mission Mission:** We are dedicated to improving the health and smiles of the people we serve. Values:. Exceptional Quality Service** **-** We create exceptional customer experiences by continually focusing on delivering high quality service. Leadership at All Levels -** We are empowered to take initiative and make decisions that serve our customers. We take pride and ownership in our work, showing leadership in our daily activities and contributions. Bring Smiles** **-** We bring smiles to our coworkers, partners and providers by building long-lasting relationships as well as bringing a spirit of fun to our work.

What it reported doing in 2024

Since 1970, delta dental of Iowa has expanded access to dental care by providing affordable, network based dental benefits plans to Iowa employers and individuals that result in long-term cost savings and support good oral health. Delta dental of Iowa's dental benefit plans strive to incorporate the current best practices in dental science. Delta dental is committed to its mission of improving the health and smiles of the people and communities it serves. Delta dental fulfills its not-for-profit ojectives by actively participating in the communities it serves as a champion and major funder of oral health initiatives in the state of Iowa. Delta dental invests in oral health projects that meet the needs of underserved populations and that focus on access to care, prevention, education and research.

Operating model

Revenue model
Earned-program. 98% of the money available for current operations came from fees and other program revenue.
Distribution model
Member-benefit provider. The nonprofit used 82% of its reported program spending for member benefits.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 96
  • Accountability: 61
  • Sustainability: 45
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 90%; rating input score 90
  • Program expense ratio: 94.8%; rating input score 95
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
  • Pay-setting controls: 5 of 6 controls in place; rating input score 83
    • Compensation committee: Pass
    • Independent consultant: Pass
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 99.6%; rating input score 100; 42nd percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 33.3%; rating input score 33; 10th 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: 3.4%; rating input score 50; 50th percentile among comparable filings
  • Total-asset coverage ratio: 0.71; rating input score 28; 28th percentile among comparable filings
  • Liabilities to assets ratio: 0.25; rating input score 62; 62nd percentile among comparable filings
  • Officer compensation ratio: 2.3%; rating input score 51; 51st percentile among comparable filings

Growth

  • Program expense growth: 7.4% per year; rating input score 100; 60th percentile among comparable filings
  • Revenue growth: 8.6% per year; rating input score 100; 70th percentile among comparable filings
  • Asset growth: 8.4% per year; rating input score 100; 61st percentile among comparable filings

Details

  • What they do: Mission, programs, and operating context captured from the official website.
  • Where the money goes: 90% of revenue deployed · 94.8% of spending went to programs
  • Governance: 3 of 9 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $239.8M in reported program spending
  • Leadership: top reported pay $828K · 22 people listed · 5 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $37.7M reported
  • Consistency: 36 of 36 current checks pass
  • Schedules: 6 filed schedules · includes grants, executive pay, and related organizations
  • Filing history: 13 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 36 filed money-flow records
  • Related organizations: 18 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Accountability: Independent voting board scored 33/100.
  • Review — Sustainability: Operating margin scored 50/100.
  • High — Sustainability: Total-asset coverage ratio scored 28/100.
  • Review — Sustainability: Officer compensation ratio scored 51/100.