Central Iowa Hospital Corporation
94% goes to programs $0 to raise $100 Strong reserves Growing revenue
Central Iowa Hospital Corporation is a 501(c)(3) organization based in Des Moines, Iowa, registered in 1948, with $1,357,287,455 in FY2024 revenue. CharityIndex grades it A+, and it directs about 94% of spending to programs.
1200 Pleasant St, Des Moines, IA, 50309 EIN 42-0680452 Since 1948
Revenue (FY2024)
$1.4B
▲ 10.6% vs prior year
Health median: $840K
Expenses (FY2024)
$1.2B
Net assets
$1.5B
Employees
7,849
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A+
A+Program efficiency40% of the rating94% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Central Iowa Hospital Corporation: 94% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating15 mo reserves · +13% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Central Iowa Hospital Corporation: 15 mo reserves · +13% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Central Iowa Hospital Corporation: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Central Iowa Hospital Corporation: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
Improving the health of the community through healing, caring and teaching.
What they do
Charity care, means-tested programs and other community benefitscharity care and means-tested programs: central iowa hospital corporation provides charity care and other means-tested programs with the goal to improve the community's overall health and access to care. this includes health-care services regardless of the patient's insurance coverage or financial status. charity care and partial to full financial assistance is provided to patients on a case-by-case basis. charity care was made available at a value of $6,769,078 in 2024. oftentimes, central iowa hospital corporation receives payments from payors or patients that are less than it charges for services. central iowa hospital corporation participates in medicaid and other government-sponsored health-care programs. iowa methodist medical center, iowa lutheran and methodist west hospitals' net cost of providing care for which it receives payment below its cost is $0 for 2024. total charity care and means-tested programs reported value: $6,769,078.other benefits: central iowa hospital corporation provides several other benefits that assist the community. programs include, but are not limited to, community health improvement services and community benefit operations such as prevention and health screenings; health professional's education; subsidized health services; research, and cash and in-kind contributions to community groups. central iowa hospital corporation collaborates with other hospitals, churches, schools, chambers of commerce and daycare centers to improve community health and expand access to health care. central iowa hospital corporation has dedicated staff to assist community benefit efforts. total net other benefits reported value: $65,628,628.
Contact & location
- Address
- 1200 Pleasant St, Des Moines, IA, 50309
- City
- Des Moines
- State
- Iowa
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $703.8M (FY2013) to $1.4B (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $307.0MNet assets $1.5B
Operating margin
12.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.8B
Total liabilities
$307.0M
Net assets
$1.5B
Salaries & benefits
$619.8M
52% of expenses
Board members
14
10 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,357,287,455▲10.6% | $1,184,107,164▲8.3% | $1,471,532,133▲16.7% | $1,778,508,875▲14.8% | 990 |
| 2023 | $1,227,218,973▲16.5% | $1,093,018,768▲3.2% | $1,260,908,041▲17.0% | $1,548,586,929▲11.7% | 990 |
| 2022 | $1,053,287,181▲1.5% | $1,058,677,038▲9.8% | $1,077,854,108▼11.3% | $1,385,809,161▼9.6% | 990 |
| 2021 | $1,037,419,679▲10.7% | $963,832,594▲12.2% | $1,215,033,930▲10.1% | $1,532,838,934▲6.5% | 990 |
| 2020 | $937,321,371▲2.4% | $859,359,463▼0.6% | $1,103,384,870▲9.8% | $1,438,981,448▲14.3% | 990 |
| 2019 | $914,986,157▲2.9% | $864,417,578▲5.4% | $1,005,140,988▲13.7% | $1,259,331,686▲12.2% | 990 |
| 2018 | $888,917,286▲6.7% | $820,132,090▼1.1% | $884,376,877▲1.1% | $1,122,587,888▲1.3% | 990 |
| 2017 | $832,780,814▲5.1% | $829,462,526▲8.3% | $874,932,116▲10.9% | $1,108,167,198▲8.1% | 990 |
| 2016 | $792,262,883▲4.8% | $765,778,340▲8.6% | $788,707,887▲8.0% | $1,025,585,606▲6.7% | 990 |
| 2015 | $756,149,241▲2.9% | $705,292,165▲3.4% | $730,193,160▲3.3% | $961,372,028▼1.4% | 990 |
| 2014 | $734,551,145▲4.4% | $681,923,639▲4.8% | $706,572,178▲8.6% | $975,070,197▲6.1% | 990 |
| 2013 | $703,825,828 | $650,857,418▲0.9% | $650,469,054▲14.2% | $919,259,212▲8.7% | 990 |
| 2012 | — | $644,835,990▼3.2% | $569,511,861▲11.6% | $845,832,765▲3.6% | 990 |
| 2011 | — | $666,005,512▲3.0% | $510,345,474▼2.2% | $816,650,125▲1.9% | 990 |
| 2010 | — | $646,332,751 | $521,938,947 | $801,088,699 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: John Triantafyllos Md — $1,059,082 (0.09% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| John Triantafyllos Md | Physician-radation Oncology | 40 | $1,059,082 |
| Samuel Schroeder Md | Physician-radation Oncology | 40 | $1,045,055 |
| Arshin Sheybani Md | Physician-radation Oncology | 40 | $1,029,133 |
| Oscar Andres Viteri Molina Md Facog | Physician-maternal and Fetal Med | 40 | $976,721 |
| Nicholas Loudas Md | Physician-radation Oncology | 40 | $805,824 |
| Tracy L Ekhardt Md Cmo To 1124 | Med Dir, Med Staff Svcs (fr 11/24) | 40 | $687,728 |
| Jon Rozenfeld Board Secretary | Market President (fr 01/24) | 40 | $536,925 |
| William Yost Md | Market Chief Academic Officer | 40 | $508,691 |
| Thomas Mulrooney Fache | Vp/market Coo (to 11/24) | 40 | $494,551 |
| Thomas Mathews | Market Cfo | 40 | $482,701 |
| Sidney Ramsey Vp Marketing | Business Dev (to 06/24) | 40 | $446,539 |
| Wendy Woods-swafford Md | Market Chief Medical Officer | 40 | $442,299 |
| Denise Cundy Ms Bsn Rn Ne-bc | Market Chief Nursing Officer | 40 | $419,365 |
| Brian Benson | Executive Director-pharmacy | 40 | $277,875 |
| Laurie Johnson Mha Rn Cnor | Exec Director of Surgical Services | 40 | $227,231 |
| Eric Lothe Fache | Frmr Svp & Coo (to 12/22) | 0 | $209,181 |
| Paige Jaeger Mha Fache | Vice President Operations | 40 | $201,491 |
| Wendy Rockey | Executive Director Cardiology | 40 | $200,416 |
| Christopher Phillips Executive Dire | Facilities Construction & Properties | 40 | $160,550 |
| Kristin Mohr | Exec Dir Properties & Facilities (to 09/24) | 40 | $150,434 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Amn Healthcare Inc | Staffing Services | $32,554,002 |
| Edge Commercial LLC | Construction Services | $22,861,473 |
| The Iowa Clinic | Healthcare Services | $15,907,007 |
| Associated Anesthesiologists | Healthcare Services | $9,213,539 |
| Aramark Services Inc | Cafeteria Services | $4,282,031 |
Grants received · $18.0M total
29 grants to Central Iowa Hospital Corporation totaling $18.0M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Cancer Society Inc | Patient support | 2024 | $8,000 |
| American Cancer Society Inc | Patient support | 2024 | $8,000 |
| Public Health Institute | Research | 2023 | $13,200 |
| Donor Advised Charitable Giving | Health | 2023 | $10,250 |
| American Cancer Society Inc | Patient support | 2023 | $10,000 |
| Donor Advised Charitable Giving | Health | 2022 | $25,000 |
| American Cancer Society Inc | Patient support | 2022 | $22,500 |
| Public Health Institute | Research | 2022 | $7,439 |
| Donor Advised Charitable Giving | Health | 2021 | $40,500 |
| The Childrens Hospital of Philadelphia | Research | 2021 | $29,250 |
| American Cancer Society Inc | Patient support | 2021 | $8,000 |
| Iowa Health System | Program support | 2020 | $16,571,917 |
| The Childrens Hospital of Philadelphia | Research | 2020 | $59,789 |
| Grinnell Regional Medical Center | Program support | 2019 | $320,371 |
| The Childrens Hospital of Philadelphia | Research | 2019 | $53,031 |
Grants made · $46.6M in FY2024
10 grants totaling $46.6M in FY2024. All grants made by Central Iowa Hospital Corporation →
| Recipient | Purpose | Amount |
|---|---|---|
| Iowa Physicians Clinic Medical Foundation | Program support | $46,069,149 |
| Downtown Events Group Inc | Capital building campaign | $266,000 |
| Community Fdn of Greater Des Moines | Program support | $103,420 |
| Downtown Des Moines Self-supported Municipal Improvement District | Event sponsor | $46,667 |
| American Heart Association Inc | Event sponsor | $27,500 |
| Iowa Confluence Water Trails | Program support | $20,000 |
| Great Outdoors Foundation | Event sponsor | $12,500 |
| Visiting Nurse Services of Iowa | Program support | $11,000 |
| Bravo Greater Des Moines Inc | Program support | $10,000 |
| Ronald Mcdonald House Charities of Central Iowa Inc | Program support | $10,000 |
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Frequently asked questions
- Is Central Iowa Hospital Corporation a legitimate nonprofit?
- Yes. Central Iowa Hospital Corporation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 42-0680452, based in Des Moines, Iowa. Donations are tax-deductible.
- What is Central Iowa Hospital Corporation's EIN?
- Central Iowa Hospital Corporation's Employer Identification Number (EIN) is 42-0680452.
- How much revenue does Central Iowa Hospital Corporation report?
- Central Iowa Hospital Corporation reported $1,357,287,455 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Central Iowa Hospital Corporation's spending goes to programs?
- Central Iowa Hospital Corporation spends about 94% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Central Iowa Hospital Corporation have?
- CharityIndex grades Central Iowa Hospital Corporation A+, based on program efficiency and fundraising cost.
- How much does Central Iowa Hospital Corporation's highest-paid employee make?
- The highest reported compensation on Central Iowa Hospital Corporation's latest Form 990 is $1,059,082, paid to John Triantafyllos Md (Physician-radation Oncology).
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Data for Central Iowa Hospital Corporation (EIN 42-0680452) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.