IOWA HOSPITAL ASSOCIATION

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1942

Legal Domicile

Principal Officer

CHRIS MITCHELL

Phone

5152881955

Tax Period

2024-01-01 to 2024-12-31

IOWA HOSPITAL ASSOCIATION, founded in 1942, is a mid-sized nonprofit that reported $15.5M in total revenue in fiscal year 2024. Revenue surged 58% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.3M, a strong 21% operating margin.

Mission

THE IOWA HOSPITAL ASSOCIATION REIMAGINES HEALTH CARE IN IOWA FOR LIFE CHANGING OUTCOMES. AS THE VOICE AND PRINCIPAL ADVOCATE FOR IOWA'S HOSPITALS, IHA PROVIDES STRATEGIC LEADERSHIP, RESOURCES, AND SUPPORT TO ENSURE ITS MEMBERS CAN EFFECTIVELY SERVE THEIR COMMUNITIES AND ADVANCE THE HEALTH OF ALL IOWANS.

Program Service Accomplishments

Program 1

GOVERNMENT AND EXTERNAL AFFAIRS - GOVERNMENT AND EXTERNAL AFFAIRS ADVOCATES AT THE STATE AND FEDERAL LEVELS OF GOVERNMENT ON BEHALF OF IOWA'S HOSPITALS. THE DEPARTMENT ADVOCATES ON A WIDE VARIETY OF ISSUES, INCLUDING MEDICARE AND MEDICAID LEGISLATIVE AND REGULATORY POLICY, PAYER ADMINISTRATIVE BURDEN, POLICIES IMPACTING ACCESS TO CARE, DATA AND SECURITY ISSUES, AND HEALTHCARE WORKFORCE.

Program 2

INFORMATION CENTER - THE IHA INFORMATION CENTER SERVES THE INFORMATION NEEDS OF HOSPITALS AND HEALTH SYSTEMS, HEALTH CARE ORGANIZATIONS AND THE PUBLIC. THESE SERVICES INCLUDE HOSPITAL INPATIENT AND OUTPATIENT DISCHARGE DATA, DATA ANALYSIS AND COLLECTION SOFTWARE, PRICEPOINT DISCLOSING HOSPITAL CHARGES, HOSPITAL ECONOMIC IMPACT AND COMMUNITY BENEFIT STUDIES, UTILIZATION AND FINANCIAL DATA, SALARY SURVEY AND PERSONNEL INFORMATION AND QUALITY DATA SERVICES.

Program 3

IHA PROVIDES EDUCATIONAL PROGRAMS FOR ITS MEMBERS. THE PROGRAMS PROVIDE LEARNING ON HEALTH CARE POLICY AND REGULATORY ISSUES, QUALITY, FINANCE, LEADERSHIP DEVELOPMENT AND TRAINING SPECIFIC TO THE...

IHA PROVIDES EDUCATIONAL PROGRAMS FOR ITS MEMBERS. THE PROGRAMS PROVIDE LEARNING ON HEALTH CARE POLICY AND REGULATORY ISSUES, QUALITY, FINANCE, LEADERSHIP DEVELOPMENT AND TRAINING SPECIFIC TO THE ROLES AND RESPONSIBILITES OF VARIOUS HOSPITAL DEPARTMENT LEADERS.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $15,019,149

Investment Income $318,837

Other Revenue $146,729

TOTAL REVENUE $15,484,715

Expense Breakdown

Grants Paid $432,640

Salaries & Benefits $6,999,427

Fundraising Expenses $0

Other Expenses $4,725,056

TOTAL EXPENSES $12,157,123

Year-over-Year Comparison

	2024	2023	Change
Revenue	$15,484,715	$9,808,171	+0.6%
Expenses	$12,157,123	$10,385,789	+0.2%
Net Income	$3,327,592	$-577,618	-6.8%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✓ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$1,782,367

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRIS MITCHELL	PRESIDENT & CEO	40.00	Officer	$876,563	$115,318	$991,881
PERRY MEYER	EXECUTIVE VP	40.00	Highest	$447,016	$109,193	$556,209
ABHAY NADIPURAM	CHIEF LEGAL OFFICER	40.00	Officer	$337,043	$74,213	$411,256
ROBB GARDNER	COO & CHIEF OF STAFF	40.00	Officer	$292,557	$86,673	$379,230
CLARE KELLY	CHIEF GOVERNMENT & EXTERNAL AFFAIRS	40.00	Highest	$300,952	$53,907	$354,859
SARA HAYES	SENIOR VP INFORMATION CENTER	40.00	Highest	$218,706	$73,593	$292,299
SUSAN HORRAS	SENIOR VP FINANCE POLICY	40.00	Highest	$218,347	$66,943	$285,290
GARY DAVIS	VP IT SERVICES	40.00	Highest	$184,778	$69,606	$254,384
DAVID STARK	CHAIR	2.00	Officer Director	$0	$0	$0
MICHELE RUSSELL	CHAIR ELECT	2.00	Officer Director	$0	$0	$0
BRETT ALTMAN	TREASURER	2.00	Officer Director	$0	$0	$0
DAVE BURD	AHA DELEGATE	2.00	Director	$0	$0	$0
KEVIN KINCAID	PAST CHAIR	2.00	Officer Director	$0	$0	$0
ANN SCHUMACHER	TREASURER THRU 03/24	2.00	Officer Director	$0	$0	$0
DR KURT ANDERSEN MD	TRUSTEE	2.00	Director	$0	$0	$0
BRIAN DIETER	TRUSTEE	2.00	Director	$0	$0	$0
LEAH GLASGO	TRUSTEE	2.00	Director	$0	$0	$0
BRADLEY HAWS	TRUSTEE	2.00	Director	$0	$0	$0
JENNIFER HAVENS	TRUSTEE	2.00	Director	$0	$0	$0
JAMES ROETMAN	TRUSTEE	2.00	Director	$0	$0	$0
DANETTE KRAMER	TRUSTEE	2.00	Director	$0	$0	$0
ROBIN SCHLUTER	TRUSTEE	2.00	Director	$0	$0	$0
PROCTOR LUREMAN	TRUSTEE	2.00	Director	$0	$0	$0
JORDAN VOIGT	TRUSTEE	2.00	Director	$0	$0	$0
DR TERI WAHLIG MD	TRUSTEE	2.00	Director	$0	$0	$0
DR MIKE MCCOY MD	TRUSTEE	2.00	Director	$0	$0	$0
DR TIMOTHY QUINN MD	TRUSTEE	2.00	Director	$0	$0	$0
DUSTIN WRIGHT	TRUSTEE	2.00	Director	$0	$0	$0
JASON HARRINGTON	TRUSTEE THRU 11/24	2.00	Director	$0	$0	$0
MICHELE KELLY	TRUSTEE THRU 10/24	2.00	Director	$0	$0	$0
BROOKE KENSINGER	TRUSTEE THRU 11/24	2.00	Director	$0	$0	$0

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	$15,484,715	$12,157,123	$19,272,272	$3,327,592
2023	$9,808,171	$10,385,789	$16,127,885	$-577,618
2022	$9,314,961	$9,499,395	$14,536,299	$-184,434
2021	$8,917,472	$10,710,453	$17,798,272	$-1,792,981
2020	$10,423,075	$10,626,741	$17,276,736	$-203,666
2019	$8,533,581	$8,477,895	$16,730,162	$55,686
2019	$8,533,581	$8,477,895	$16,730,162	$55,686
2018	$10,528,380	$8,907,432	$14,722,294	$1,620,948