Jones Regional Medical Center Foundation
Nonprofit profile at a glance
- EIN
- 421429225
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Anamosa, IA, USA
- Phone
- 3194626131
- Rating
- 68
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $661,009
- Expenses
- $302,820
- Assets
- $3,992,055
- Liabilities
- $249,874
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
People named in this filing
- CHARLIE BECKER (BOARD VICE CHAIR)
- KIM BOYD (BOARD MEMBER)
- ERIC BRIESEMEISTER (BOARD MEMBER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To support jones regional medical center in providing quality health services and promoting healthy lifestyles to the jones county area.
What it reported doing in 2024
Grants, allocations and program supportjones regional medical center foundation's purpose is to raise funds to maintain, develop, increase and extend the facilities and services of jones regional medical center in anamosa, Iowa and to provide broader hospital, medical and educational service opportunities to its patients, students, staff, faculty and residents of the geographical area it serves. It supports the missions of the Iowa health system and its subsidiaries by raising financial contributions and investing the proceeds.the grant, allocations and program support services may include:- contributions to jones regional medical center for equipment purchases, to offset operating expenses and miscellaneous- scholarships and/or lectureships awarded to individuals associated with jones regional medical center- grants to local rural health communities associated with jones regional medical center- miscellaneous grants and contributions to organizations and/or individuals associated with jones regional medical center
Operating model
- Revenue model
- Donor-supported. 86% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 41
- Transparency & Controls: 88
- Accountability: 88
- Sustainability: 87
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 37.6%; rating input score 38
- Program expense ratio: 54.3%; rating input score 54
- Fundraising efficiency: $5.73 raised per $1 spent on fundraising; rating input score 21; 21st percentile among comparable filings
Transparency & Controls
- Consistency checks: 91.7%; rating input score 92; 12th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 96.2%; rating input score 96; 43rd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 5 of 7 controls in place; rating input score 71
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 54.2%; rating input score 93; 93rd percentile among comparable filings
- Total-asset coverage ratio: 13.18; rating input score 94; 94th percentile among comparable filings
- Liabilities to assets ratio: 0.06; rating input score 49; 49th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings
Growth
- Program expense growth: -9.2% per year; rating input score 0; 5th percentile among comparable filings
- Revenue growth: 1.2% per year; rating input score 100; 20th percentile among comparable filings
- Asset growth: 9.7% per year; rating input score 100; 58th percentile among comparable filings
Details
- Where the money goes: 37.6% of revenue deployed · 54.3% of spending went to programs
- Governance: 10 of 10 board members independent · 5 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $165K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 26 of 27 current checks pass · 1 finding to review
- Schedules: 5 filed schedules · includes major donors and grants
- Filing history: 14 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 1 filed related-organization link
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 38/100.
- Review — Financial Efficiency: Program expense ratio scored 54/100.
- High — Financial Efficiency: Fundraising efficiency scored 21/100.
- High — Growth: Program expense growth scored 0/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Moderate — Sustainability: Liabilities to assets ratio scored 49/100.