IOWA HEALTHCARE COLLABORATIVE DBA COMPASS HEALTHCARE COLLABORATIVE

EIN: 203869767 501(c)(3) Health Care

JOHNSTON, IA

Total Revenue
$7,586,031
Total Expenses
$6,742,987
Total Assets
$15,844,427
Net Assets
$15,148,632
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
IA
Principal Officer
THOMAS C EVANS MD
Phone
5152839330
Tax Period
2025-01-01 to 2025-12-31

IOWA HEALTHCARE COLLABORATIVE DBA COMPASS HEALTHCARE COLLABORATIVE, founded in 2006, is a community nonprofit in the Health Care sector that reported $7.6M in total revenue in fiscal year 2025. Revenue decreased 5% compared to the prior year. Expenses of $6.7M left a modest 11% surplus.

Mission

IOWA HEALTHCARE COLLABORATIVE WAS ORGANIZED FOR THE PURPOSE OF PROMOTING QUALITY IMPROVEMENT, PATIENT SAFETY, AND VALUE THROUGH EDUCATION. THE COLLABORATIVE BRINGS TOGETHER PROVIDERS FROM ACROSS THE STATE OF IOWA TO WORK TOWARD THE COMMON GOAL OF EXCEPTIONAL HEALTHCARE.

Program Service Accomplishments

Program 1
Expenses: $2,168,888

OPIOID TORP- EDUCATE AND PROVIDE OUTREACH TO OUTLIER PRESCRIBERS OF OPIOIDS ABOUT BEST PRACTICES FOR PRESCRIBING OPIOIDS AND ALSO ABOUT NON-OPIOID PAIN MANAGEMENT THERAPIES.

Program 2
Expenses: $774,564

CHILD AND ADOLESCENT BEHAVIORAL HEALTH- EXPANDED BEHAVIORAL HEALTHCARE SERVICES FOR RURAL YOUTH AND ADOLESCENTS AT RISK FOR, OR DIAGNOSED WITH, SUD AND/OR A CO-OCCURRING MENTAL HEALTH DISORDER.

Program 3
Expenses: $686,553

OPIOID USE, PRESCRIPTION MANAGEMENT, AND PREVENTION EDUCATION FOR IOWA HEALTHCARE PROVIDERS WITH THE STATE OF IOWA DEPARTMENT OF HEALTH AND HUMAN SERVICES. THE GOAL OF THIS CONTRACT IS TO PROVIDE...

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OPIOID USE, PRESCRIPTION MANAGEMENT, AND PREVENTION EDUCATION FOR IOWA HEALTHCARE PROVIDERS WITH THE STATE OF IOWA DEPARTMENT OF HEALTH AND HUMAN SERVICES. THE GOAL OF THIS CONTRACT IS TO PROVIDE TRAINING AND INFORMATION TO HEALTHCARE PROVIDERS AND PATIENTS ON STRATEGIES TO REDUCE OR ELIMINATE THE PRESCRIBING OF OPIOID MEDICATIONS FOR PAIN MANAGEMENT AFTER SURGERY.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $7,142,911
Program Service Revenue $31,775
Investment Income $293,633
Other Revenue $117,712
TOTAL REVENUE $7,586,031

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,793,853
Fundraising Expenses $5,000
Program Expenses $4,678,103
Other Expenses $2,949,134
TOTAL EXPENSES $6,742,987

Year-over-Year Comparison

2025 2024 Change
Revenue $7,586,031 $8,004,409 -0.1%
Expenses $6,742,987 $7,595,247 -0.1%
Net Income $843,044 $409,162 +1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
14
Independent Members
14
Employees
24
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$628,814
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
13
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL ROMANO MD CHAIR 1.00
Officer Director
$0 $0 $0
JENNIFER BRYANT VICE-CHAIR 1.00
Officer Director
$0 $0 $0
BRIAN DIETER SECRETARY/TREASURER 1.00
Officer Director
$0 $0 $0
GERARD CLANCY DIRECTOR 1.00
Director
$0 $0 $0
AARON WIESE DIRECTOR 1.00
Director
$0 $0 $0
STEVE CHURCHILL DIRECTOR 1.00
Director
$0 $0 $0
MARIA VOLANTE DIRECTOR 1.00
Director
$0 $0 $0
LAURA JACKSON DIRECTOR 1.00
Director
$0 $0 $0
ROBERT KRUSE MD DIRECTOR 1.00
Director
$0 $0 $0
JULIE WHITE DIRECTOR 1.00
Director
$0 $0 $0
PAT MERRYWEATHER-ARGES DIRECTOR 1.00
Director
$0 $0 $0
SHANNON STRICKLER DIRECTOR 1.00
Director
$0 $0 $0
CHRIS MITCHELL DIRECTOR 1.00
Director
$0 $0 $0
CHRISTINA TAYLOR MD DIRECTOR 1.00
Director
$0 $0 $0
MELANIE TESKE DIRECTOR 1.00
Director
$0 $0 $0
THOMAS EVANS MD PRESIDENT, CEO 40.00
Officer
$582,683 $46,131 $628,814
JENNIFER BROCKMAN CHIEF CLINICAL PROGRAM OFF 40.00
Highest
$237,965 $37,838 $275,803
CHRISTOPHER EVANS CHIEF OPERATING OFFICER 40.00
Highest
$264,271 $35,004 $299,275
CHARISSE COULOMBE DIRECTOR, HEALTH SERVICES 40.00
Highest
$166,483 $16,301 $182,784
DAMON MORRISON DIRECTOR OF INFORMATION TE 40.00
Highest
$168,415 $24,875 $193,290
STEPHANIE MULLER DIRECTOR OF HUMAN RESOURCE 40.00
Highest
$156,856 $9,580 $166,436
CARI SEDDON DIRECTOR, COMMUNITY QUALIT 40.00
Highest
$148,595 $7,526 $156,121
TARA STEINKUEHLER DIRECTOR, FINANCE 40.00
Highest
$145,723 $18,577 $164,300
KARTHIK ABBINENI SENIOR DATA ANALYST 40.00
Highest
$119,513 $13,665 $133,178
JILLIAN SCHNEIDER DIRECTOR, AMBULATORY QUALI 40.00
Highest
$126,331 $7,767 $134,098
ADEWALE TYCHUS PROJECT COORDINATOR 40.00
Highest
$123,262 $6,040 $129,302
VENISHA LAMBERT-WILTZ CLINICAL IMPROVEMENT CONSU 40.00
Highest
$118,696 $7,254 $125,950
LAUREN FIDLER DATA ANALYST 40.00
Highest
$102,096 $12,813 $114,909
AMBER RIZZO EDUCATION COORDINATOR 40.00
Highest
$100,782 $6,401 $107,183
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $7,586,031 $6,742,987 $15,844,427 $843,044
2024 $8,004,409 $7,595,247 $14,070,884 $409,162
2023 $7,111,422 $6,603,969 $12,894,980 $507,453
2022 $6,125,027 $6,312,089 $11,009,949 $-187,062
2021 $5,601,701 $5,918,856 $12,881,277 $-317,155
2020 $5,662,015 $5,966,874 $13,595,405 $-304,859
2019 $13,127,593 $13,186,410 $13,796,125 $-58,817
2018 $17,281,223 $16,223,837 $12,909,573 $1,057,386
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