Pella Regional Health Center
Nonprofit profile at a glance
- EIN
- 420842204
- IRS 990 coverage
- 2010–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Pella, IA, USA
- Phone
- 6416283150
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Hospital, General
- Affiliation
- Christianity
Reported finances
- Revenue
- $159,636,836
- Expenses
- $148,735,195
- Assets
- $192,410,195
- Liabilities
- $40,219,904
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
20 people listed
Executive titles in this filing
- JIM BRANDL (VICE PRESIDENT)
- MARY GLENDENING (FORMER PRESIDENT)
- RANDY STRAVERS (PRESIDENT)
- ROBERT KROESE (CHIEF EXECUTIVE OFFICER)
Highest reported compensation
- NATHAN NICHOLSON DO (PHYSICIAN): $912,620 total reported compensation
- RUSSELL BANDSTRA MD (PHYSICIAN): $864,395 total reported compensation
- MATT MORGAN DO (PHYSICIAN): $842,198 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
And values Our mission To provide healthcare and healing services with Christian compassion. Our mission To provide healthcare and healing services with Christian compassion. Our vision. To provide healthcare and healing services with Christian compassion. Our vision To lead the region in providing compassionate service and clinical excellence through our health ministries. Our values Use the arrows to the left and right to scroll through the values that allow us to provide the best care for our patients. Compassion.
What it reported doing in 2024
Pella regional health center (health center) is a 25-bed acute care hospital located in pella, Iowa. The health center also operates clinics in pella, sully, knoxville, prairie city, bussey, and ottumwa, Iowa. Annually, the health center has over 1,360 admissions, over 620 live births, over 8,500 emergency related visits, and performs over 7,600 surgeries.the health center provides care to patients who meet certain criteria under its charity care policy without charge or at amounts less than established rates. Because the health center does not pursue collection of amounts determined as charity care, they are not reported as revenue. The amount of charges foregone for services provided under the health center's charity care policy was approximately $1,114,000 for the year-ended december 31, 2024. Total direct and indirect costs related to these forgone charges were $646,000 at december 31, 2024, based on an average ratio of cost to gross charges.the 340b program offers eligible health care providers access to low-cost medications, which allows them to expand the type and volume of care they provide to the most vulnerable patient populations. The 340b program requires drug manufacturers to provide the outpatient drugs to eligible health care organizations or covered entities at significantly reduced prices. The health center is an eligible health care organization and is participating in the program. The revenue generated from this program was approx. $4,395,000 and the related expenses were approx $3,497,000 for 2024.
Operating model
- Revenue model
- Earned-program. 97% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% 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.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 73
- Transparency & Controls: 85
- Accountability: 84
- Sustainability: 54
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 80%; rating input score 80
- Program expense ratio: 85.1%; rating input score 85
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 80%; rating input score 80; 28th 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: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 6.8%; rating input score 63; 63rd percentile among comparable filings
- Total-asset coverage ratio: 1.29; rating input score 48; 48th percentile among comparable filings
- Liabilities to assets ratio: 0.21; rating input score 67; 67th percentile among comparable filings
- Officer compensation ratio: 4.5%; rating input score 20; 20th percentile among comparable filings
Growth
- Program expense growth: 7.2% per year; rating input score 100; 58th percentile among comparable filings
- Revenue growth: 6.1% per year; rating input score 100; 53rd percentile among comparable filings
- Asset growth: 3.7% per year; rating input score 100; 25th percentile among comparable filings
Details
- What they do: 2 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 80% of revenue deployed · 85.1% of spending went to programs
- Governance: 8 of 10 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $126.6M in reported program spending
- Leadership: top reported pay $913K · 20 people listed · 3 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $2.3M reported
- Consistency: 36 of 36 current checks pass
- Schedules: 10 filed schedules · includes major donors, executive pay, and related organizations
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 11 filed money-flow records
- 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.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 48/100.
- High — Sustainability: Officer compensation ratio scored 20/100.