Des Moines Area Medical Education Consortium Inc

What it reported doing in 2024

Medical educationthe des moines area medical education consortium, inc. Provides medical training to university of Iowa carver college of medicine (uiccom) medical students and coordinates medical training for the university of Iowa hospitals and clinics (uihc) resident physicians. The des moines health care institutions which are members of the consortium and train these residents and students are broadlawns medical center and the central Iowa hospital corporation. These des moines health care institutions sponsor nine residency programs that train approximately 157 resident physicians in seven specialty areas and provide training for uihc residents in anesthesia, obstetrics/gynecology, and pediatrics. These institutions also provide clinical training to second-year, third-year, and fourth-year medical students in des moines. Medical students complete core clerkship training during the second half of their second year and in the first half of their third year. Third-year students, in the second half of their third year, and fourth-year students may complete their advanced pathway training in des moines. In 2024-2025, 76 medical students completed 196 core clerkship rotations while an additional 27 medical students completed a total of 46 advanced pathway training rotations.in addition to these educational activities, the consortium provides other educational offerings to member institutions like a joint orientation program for all new residents each year in june.the consortium coordinates the scheduling of certification courses in advanced cardiac life support for medical students.the consortium coordinates the uiccom faculty appointment, reappointment, and promotion process for des moines faculty involved in the teaching of medical students and uihc resident physicians. Finally, the consortium conducts faculty development programs on a quarterly basis for all faculty teaching medical students and resident physicians at the des moines member institutions. These programs are conducted in cooperation with the office of consultation and research in medical education at the university of Iowa (ocrme). Office facilities are provided to the organization at no charge by the central Iowa hospital corporation. The value of the donated space included as contributions in the financial statements and the corresponding program expenses for both years ended june 30, 2025 and 2024 was $9,229. The central Iowa hospital corporation has the right to terminate the lease upon ninety days notice. Upon termination, the organization shall be entitled to relocation.

Financial Efficiency

• Mission deployment rate: 91.4%; rating input score 91
• Program expense ratio: 96.8%; rating input score 97
• 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: 11.1%; rating input score 11; 9th percentile among comparable filings
• Governance controls: 8 of 9 controls in place; rating input score 89
  • 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: Fail

Sustainability

• Operating margin: 5.6%; rating input score 52; 52nd percentile among comparable filings
• Total-asset coverage ratio: 0.33; rating input score 15; 15th percentile among comparable filings
• Liabilities to assets ratio: 0.28; rating input score 26; 26th percentile among comparable filings
• Officer compensation ratio: 27.7%; rating input score 8; 8th percentile among comparable filings

Growth

• Program expense growth: 4.6% per year; rating input score 100; 40th percentile among comparable filings
• Revenue growth: 3.4% per year; rating input score 100; 33rd percentile among comparable filings
• Asset growth: 2% per year; rating input score 100; 25th percentile among comparable filings