The Finley Hospital
94% goes to programs $0 to raise $100 Strong reserves Growing revenue
The Finley Hospital is a 501(c)(3) organization based in Dubuque, Iowa, registered in 1945, with $160,769,081 in FY2024 revenue. CharityIndex grades it A+, and it directs about 94% of spending to programs.
350 N Grandview Ave, Dubuque, IA, 52001 EIN 42-0680354 Since 1945
Revenue (FY2024)
$160.8M
▲ 9.6% vs prior year
Health median: $840K
Expenses (FY2024)
$149.3M
Net assets
$214.9M
Employees
1,010
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 The Finley Hospital: 94% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating17 mo reserves · +7% 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 The Finley Hospital: 17 mo reserves · +7% 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 The Finley Hospital: 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 The Finley Hospital: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
To improve the health of the people and communities of the tri-state area.
What they do
Community benefits, including charity carecharity care and means-tested programs: the finley hospital 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 cost of $800,830 in 2024. it is more common for finley hospital to receive payments from payors or patients that are less than it charges for services. the finley hospital participates in medicaid and other government-sponsored health-care programs. the finley hospital's 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: $800,830.other benefits: the finley hospital 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. the finley hospital collaborates with other hospitals, churches, schools, chambers of commerce and daycare centers to improve community health and expand access to health care. the finley hospital has dedicated staff to assist community benefit efforts. total other benefits reported value: $7,546,614.
Contact & location
- Address
- 350 N Grandview Ave, Dubuque, IA, 52001
- City
- Dubuque
- State
- Iowa
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $109.2M (FY2013) to $160.8M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $42.4MNet assets $214.9M
Operating margin
7.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$257.3M
Total liabilities
$42.4M
Net assets
$214.9M
Salaries & benefits
$78.5M
53% of expenses
Board members
18
17 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $160,769,081▲9.6% | $149,343,754▲4.8% | $214,868,844▲8.9% | $257,278,860▲8.5% | 990 |
| 2023 | $146,676,465▲4.5% | $142,522,539▼0.3% | $197,294,568▲6.1% | $237,210,189▲5.4% | 990 |
| 2022 | $140,385,644▲1.9% | $142,967,040▲9.6% | $185,905,178▼12.4% | $225,096,560▼12.1% | 990 |
| 2021 | $137,780,771▲11.3% | $130,499,654▲8.1% | $212,117,810▲6.4% | $256,144,299▲3.3% | 990 |
| 2020 | $123,811,102▼2.5% | $120,678,951▲1.0% | $199,448,158▲4.2% | $247,969,578▲9.2% | 990 |
| 2019 | $126,925,053▼1.7% | $119,445,392▼5.3% | $191,320,320▲11.0% | $226,989,418▲11.4% | 990 |
| 2018 | $129,184,949▲2.0% | $126,079,257▲0.7% | $172,294,821▼2.6% | $203,764,666▼3.3% | 990 |
| 2017 | $126,622,756▲2.7% | $125,243,444▲4.2% | $176,947,674▲5.5% | $210,730,730▲2.0% | 990 |
| 2016 | $123,263,459▲1.9% | $120,142,679▲9.7% | $167,753,356▲5.2% | $206,549,139▲8.0% | 990 |
| 2015 | $120,994,288▲4.5% | $109,490,336▲8.1% | $159,409,109▲4.9% | $191,291,199▲6.3% | 990 |
| 2014 | $115,774,622▲6.0% | $101,279,374▲5.0% | $151,955,943▲10.6% | $179,873,333▲14.2% | 990 |
| 2013 | $109,171,236 | $96,472,049▲2.2% | $137,343,030▲11.7% | $157,471,506▲8.0% | 990 |
| 2012 | — | $94,363,960▲4.9% | $122,966,232▲7.7% | $145,763,800▲6.6% | 990 |
| 2011 | — | $89,983,897▼0.1% | $114,171,756▲3.8% | $136,710,647▲1.2% | 990 |
| 2010 | — | $90,072,177 | $109,964,515 | $135,117,150 | 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: Barry Waack Do — $571,357 (0.38% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Barry Waack Do | Physician | 40 | $571,357 |
| Michael Banyasz Md | Physician | 40 | $498,257 |
| Anthony Markham Md | Physician | 40 | $466,626 |
| Philip Zimmerman Md | Physician | 40 | $407,149 |
| Jennifer Havens | Board Member & Market President | 40 | $395,490 |
| Chad Wolbers To 823 | Board Member & President/ceo | 0 | $352,455 |
| Alejandro Pulido Md | Physician | 40 | $330,867 |
| Carol Cross | Market Vp Finance | 40 | $304,725 |
| Carla Belken To 624 | Vp Operations | 40 | $266,411 |
| Bryan Pechous Md | Vp Medical Affiars | 40 | $245,202 |
| Mary Peters To 324 | Chief Nursing Officer | 40 | $206,968 |
| Bill Arnold | Board Member | 1 | — |
| Charlie Skemp | Board Member | 1 | — |
| Jason Knockel | Board Member | 1 | — |
| Kathleen Nacos-burds | Board Member | 1 | — |
| Kathy Buhr | Board Member | 1 | — |
| Keisha Sainci To 0324 | Board Member | 1 | — |
| Kevin Lynch To 624 | Board Member | 1 | — |
| Laura Witthoeft Md | Board Member | 1 | — |
| Lori Thielen | Board Member | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Amn Healthcare Inc | Medical Staffing | $3,108,057 |
| Conlon Construction Services | Construction Services | $1,932,586 |
| Aramark Services Inc | Management Services | $1,064,253 |
| Alcorn Laboratories | Medical Services | $916,913 |
| Dubuque Internal Medicine | Medical Services | $716,113 |
Grants received · $106K total
4 grants to The Finley Hospital totaling $106K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Heart Association Inc | Equipment upgrade | 2017 | $5,050 |
| American Heart Association Inc | Emergency equipment upgrade | 2016 | $24,000 |
| American Heart Association Inc | Emergency equipment upgrade | 2015 | $23,400 |
| American Heart Association Inc | Emergency equipment upgrade | 2014 | $53,400 |
Grants made · $484K in FY2024
1 grant totaling $484K in FY2024. All grants made by The Finley Hospital →
| Recipient | Purpose | Amount |
|---|---|---|
| Finley Health Foundation Inc | Program support | $484,439 |
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Frequently asked questions
- Is The Finley Hospital a legitimate nonprofit?
- Yes. The Finley Hospital is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 42-0680354, based in Dubuque, Iowa. Donations are tax-deductible.
- What is The Finley Hospital's EIN?
- The Finley Hospital's Employer Identification Number (EIN) is 42-0680354.
- How much revenue does The Finley Hospital report?
- The Finley Hospital reported $160,769,081 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of The Finley Hospital's spending goes to programs?
- The Finley Hospital spends about 94% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does The Finley Hospital have?
- CharityIndex grades The Finley Hospital A+, based on program efficiency and fundraising cost.
- How much does The Finley Hospital's highest-paid employee make?
- The highest reported compensation on The Finley Hospital's latest Form 990 is $571,357, paid to Barry Waack Do (Physician).
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Data for The Finley Hospital (EIN 42-0680354) 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.