DELTA DENTAL OF IOWA FOUNDATION

EIN: 260762771 501(c)(3) Health Care

JOHNSTON, IA

Total Revenue
$6,236,808
Total Expenses
$3,712,391
Total Assets
$40,465,001
Net Assets
$40,281,634
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
IA
Principal Officer
APRIL SCHMALTZ
Phone
5152615500
Tax Period
2023-01-01 to 2023-12-31

DELTA DENTAL OF IOWA FOUNDATION, founded in 2007, is a community nonprofit in the Health Care sector that reported $6.2M in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year. The organization ran a surplus of $2.5M, a strong 40% operating margin.

Mission

THE CORPORATION IS ORGANIZED TO STRENGTHEN AND TRANSFORM THE HEALTH AND SMILES OF ALL IOWANS. THE FOUNDATION WILL PROVIDE FUNDS TO OTHER 501(C)(3) ORGANIZATIONS, GOVERNMENTS, OR ACADEMIC INSTITUTIONS THAT ARE UNDERTAKING PROJECTS THAT SUPPORT AND IMPROVE THE HEALTH OF ALL IOWANS. THE FOUNDATION WILL PROVIDE FUNDS TO OTHER TAX-EXEMPT ORGANIZATIONS THROUGH THEIR GRANT PROGRAM THAT ALIGN WITH THE PROJECTS OF ORAL HEALTH, ORAL AND OVERALL HEALTH INTEGRATION, AND OVERALL HEALTH.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $5,901,500
Program Service Revenue $0
Investment Income $335,308
Other Revenue $0
TOTAL REVENUE $6,236,808

Expense Breakdown

Grants Paid $2,937,607
Salaries & Benefits $3,600
Fundraising Expenses $0
Program Expenses $3,382,213
Other Expenses $771,184
TOTAL EXPENSES $3,712,391

Year-over-Year Comparison

2023 2022 Change
Revenue $6,236,808 $6,744,772 -0.1%
Expenses $3,712,391 $4,135,563 -0.1%
Net Income $2,524,417 $2,609,209 0.0%
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
9
Employees
N/A
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
7
$3,276,483
Total Directors
16
$2,927,946
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFFREY S RUSSELL PRESIDENT (THRU 6/2023) 0.39
Officer Director
$0 $27,632 $1,492,767
APRIL SCHMALTZ PRESIDENT (BEG 6/2023) 0.39
Officer Director
$0 $28,833 $715,879
JEFF CHAFFIN DDS DIRECTOR 1.17
Director
$0 $28,109 $662,100
DONNA GRANT DDS DIRECTOR 0.50
Director
$600 $0 $52,400
NATHAN HEHR DIRECTOR 0.50
Director
$900 $0 $2,700
MICHAEL METTS DIRECTOR 0.50
Director
$900 $0 $900
SUZANNA DE BACA DIRECTOR 0.50
Director
$600 $0 $600
JOEL WULF DIRECTOR, FORMER CHAIR (THRU 6/2023) 1.00
Officer Director
$300 $0 $300
SCOTT RAECKER DIRECTOR, CHAIR 1.00
Officer Director
$0 $0 $0
DR NAFISSA CISSE EGBUONYE DIRECTOR, VICE CHAIR 1.00
Officer Director
$0 $0 $0
MISSY GOWEY DIRECTOR 0.50
Director
$0 $0 $0
HAYLEY HARVEY DIRECTOR 0.50
Director
$0 $0 $0
DAN CAPLAN DDS DIRECTOR 0.50
Director
$0 $0 $0
TRACY RODGERS DIRECTOR 0.50
Director
$0 $0 $0
JENNIFER VERMEER DIRECTOR 0.50
Director
$0 $0 $0
HEIDI BELL DIRECTOR 0.50
Director
$300 $0 $300
SHERRY PERKINS SECRETARY-TREASURER 0.67
Officer
$0 $28,833 $534,092
SUZANNE HECKENLAIBLE EXECUTIVE DIRECTOR 10.00
Officer
$0 $61,334 $533,445
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
2024 No data No data No data No data
2023 $6,236,808 $3,712,391 $40,465,001 $2,524,417
2022 $6,744,772 $4,135,563 $34,090,598 $2,609,209
2021 $7,640,570 $2,876,915 $36,005,552 $4,763,655
2020 $6,232,685 $3,727,154 $29,941,129 $2,505,531
2019 $5,247,037 $2,417,450 $25,351,147 $2,829,587
2018 $5,650,028 $2,856,013 $20,145,967 $2,794,015
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