Des Moines University Medicine and Health Sciences
Legal name: Des Moines University Osteopathic Medical Center
Nonprofit profile at a glance
- EIN
- 420730347
- IRS 990 coverage
- 2010–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- West Des Moines, Iowa, USA
- Phone
- 515-271-1400
- Rating
- 73
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Graduate, Professional Schools (Separate Entities)
Reported finances
- Revenue
- $108,194,264
- Expenses
- $98,768,324
- Assets
- $522,125,727
- Liabilities
- $245,210,817
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
31 people listed
Executive titles in this filing
- ANGELA L WALKER FRANKLIN PHD (PRESIDENT, CEO)
- KIMBERLY BROWN PHD (VICE PRESIDENT, CAO)
- STEPHANIE GREINER (VICE PRESIDENT)
Highest reported compensation
- ANGELA L WALKER FRANKLIN PHD (PRESIDENT, CEO): $1,102,894 total reported compensation
- MARK J PEIFFER (SENIOR VP AND CFO): $457,024 total reported compensation
- AUTUMN BRUNIA MD (FACULTY): $363,607 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 lives and communities through excellence in osteopathic medicine and health sciences education, research, and service.
What it reported doing in 2024
The university operates a multi-specialty medical clinic providing both clinical training for students and high-quality, cost-efficient patient care. 30 physicians and non-physician professional providers performed services for nearly 34,000 patient visits across six specialties and three primary locations. The clinic serves insured, uninsured, medicare, medicaid, and other diverse populations. The clinic provided nearly 2,200 appointments for patients requiring an interpreter at a cost of over $80,000, including nearly 370 refugee physicals and follow up appointments. The clinic provided over $19,000 in free and discounted healthcare to eligible patients through its financial assistance policy and self-pay discounts. Rent-free space was provided to the senior health insurance program (ship) serving over 200 seniors. Clinic staff and providers also work at community wellness programs and health fairs providing school physicals and vaccinations free of charge to underserved populations. The university acts as a local, state and national resource for primary care physicians and associated health care providers.
Operating model
- Revenue model
- Earned-program. 80% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 95% 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 62
- Transparency & Controls: 69
- Accountability: 97
- Sustainability: 65
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 61%; rating input score 61
- Program expense ratio: 68.8%; rating input score 69
- Fundraising efficiency: $10.64 raised per $1 spent on fundraising; rating input score 43; 43rd percentile among comparable filings
Transparency & Controls
- Consistency checks: 89.5%; rating input score 89; 4th percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Scored; rating input score 0
- Grant itemization coverage: 98.3%; rating input score 98; 35th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 94.7%; rating input score 95; 47th 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: 8.7%; rating input score 69; 69th percentile among comparable filings
- Total-asset coverage ratio: 5.29; rating input score 86; 86th percentile among comparable filings
- Liabilities to assets ratio: 0.47; rating input score 39; 39th percentile among comparable filings
- Officer compensation ratio: 4.6%; rating input score 20; 20th percentile among comparable filings
Growth
- Program expense growth: 4.3% per year; rating input score 100; 34th percentile among comparable filings
- Revenue growth: 4.3% per year; rating input score 100; 36th percentile among comparable filings
- Asset growth: 10.4% per year; rating input score 100; 72nd percentile among comparable filings
Details
- What they do: 11 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 61% of revenue deployed · 68.8% of spending went to programs
- Governance: 18 of 19 board members independent · 9 of 9 filing controls reported
- Programs: 2 filed program accomplishments · $68M in reported program spending
- Leadership: top reported pay $1.1M · 31 people listed · 4 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $24.3M reported
- Consistency: 42 of 44 current checks pass · 2 findings to review
- Schedules: 13 filed schedules · includes major donors, foreign activity, grants, and executive pay
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 12 filed money-flow records
- 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.
- High — Transparency & Controls: Foreign activity oversight scored 0/100.
- Moderate — Financial Efficiency: Fundraising efficiency scored 43/100.
- High — Sustainability: Officer compensation ratio scored 20/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 39/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.