Cherokee Regional Medical Center
Legal name: Sioux Valley Memorial Hospital Assocation
Nonprofit profile at a glance
- EIN
- 420707096
- IRS 990 coverage
- 2010–2025
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2025, Form 990-T 2025
- Location
- Cherokee, IA, US
- Phone
- 712-225-5101
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Hospital, General
Reported finances
- Revenue
- $67,838,385
- Expenses
- $60,718,843
- Assets
- $122,215,784
- Liabilities
- $8,976,577
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
17 people listed
Executive titles in this filing
- GARY JORDAN (CEO)
Highest reported compensation
- NICHOLAS LOUGHLIN (DO): $748,555 total reported compensation
- SEAN NELSON (MD): $708,789 total reported compensation
- SCOTT MURRAY (MD): $608,033 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Provide seamless, quality health care services to our communities.
What it reported doing in 2025
The organization is a critical access hospital with 25 acute beds. The organization provides acute and ancillary services to individuals in inpatient and outpatient settings. In addition, the organization operates several physician clinics, a wellness center, and provides senior housing services. During 2025, the organization provided over 72,000 outpatient visits, 4,900 emergency room visits, 33,000 clinic visits, and 85 births.
Operating model
- Revenue model
- Other-operating. 94% of the money available for current operations came from other operating 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
STRONG - 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: 72
- Transparency & Controls: 82
- Accountability: 95
- Sustainability: 58
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 77.6%; rating input score 78
- Program expense ratio: 86.4%; rating input score 86
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 93.3%; rating input score 93; 18th percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Missing
- Independent consultant: Pass
- 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: 82.9%; rating input score 83; 24th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 100%; rating input score 100; 65th percentile among comparable filings
- Governance controls: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Pass
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 10.5%; rating input score 71; 71st percentile among comparable filings
- Total-asset coverage ratio: 2.01; rating input score 48; 48th percentile among comparable filings
- Liabilities to assets ratio: 0.07; rating input score 79; 79th percentile among comparable filings
- Officer compensation ratio: 6%; rating input score 14; 14th percentile among comparable filings
Growth
- Program expense growth: 7.8% per year; rating input score 100; 58th percentile among comparable filings
- Revenue growth: 7.6% per year; rating input score 100; 59th percentile among comparable filings
- Asset growth: 7.5% per year; rating input score 100; 54th percentile among comparable filings
Details
- What they do: 9 programs and campaigns described on the official site · 6 operating locations identified
- Where the money goes: 77.6% of revenue deployed · 86.4% of spending went to programs
- Governance: 7 of 7 board members independent · 7 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $52.4M in reported program spending
- Leadership: top reported pay $749K · 17 people listed · 3 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $10M reported
- Consistency: 36 of 37 current checks pass · 1 finding to review
- Schedules: 8 filed schedules · includes major donors, grants, executive pay, and related organizations
- Filing history: 15 filing years from 2010 to 2025
- Contacts: How to reach this organization
- Money network: 9 filed money-flow records
- Related organizations: 6 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.
- Review — Accountability: Governance controls: Form 990 shared with the board not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 48/100.
- High — Sustainability: Officer compensation ratio scored 14/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.