NORTHWEST IOWA MENTAL HEALTH CENTER

EIN: 420840465 501(c)(3) Mental Health

Spencer, IA

Total Revenue
$9,762,441
Total Expenses
$11,003,771
Total Assets
$8,578,679
Net Assets
$3,929,323
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1959
Legal Domicile
IA
Principal Officer
Dan Ries
Phone
7122622922
Tax Period
2022-07-01 to 2023-06-30

NORTHWEST IOWA MENTAL HEALTH CENTER, founded in 1959, is a community nonprofit in the Mental Health sector that reported $9.8M in total revenue in fiscal year 2022. Revenue decreased 15% compared to the prior year. Expenses of $11.0M exceeded revenue, resulting in a 13% operating deficit.

Mission

Guiding INDIVIDUALS and FAMILIES towards a meaningful and fulfilling life.

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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 (2022)

Revenue Breakdown

Contributions & Grants $5,000,067
Program Service Revenue $4,508,220
Investment Income $1,740
Other Revenue $252,414
TOTAL REVENUE $9,762,441

Expense Breakdown

Grants Paid $0
Salaries & Benefits $8,942,491
Fundraising Expenses $6,529
Program Expenses $7,825,891
Other Expenses $2,061,280
TOTAL EXPENSES $11,003,771

Year-over-Year Comparison

2022 2021 Change
Revenue $9,762,441 $11,464,810 -0.1%
Expenses $11,003,771 $10,059,807 +0.1%
Net Income $-1,241,330 $1,405,003 -1.9%
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

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
190
Volunteers
50

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
$125,794
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Carlos Castillo Medical Director 40
Highest
$437,707 $16,540 $454,247
Earlene Angell Psychiatric Nurse Practitioner 40
Highest
$128,717 $10,747 $139,464
Sandra Walker-Lee Psychiatric Nurse Practitioner 40
Highest
$120,325 $8,570 $128,895
Dan Ries CEO 40
Officer
$107,141 $18,653 $125,794
Dorcas Kamau Psychiatric Nurse Practitioner 40
Highest
$101,736 $13,846 $115,582
Erin Vander Velde Board of Director, President 0.5
Director
$0 $0 $0
Steve Alger Board of Director, Vice President 0.5
Director
$0 $0 $0
Burlin Matthews Board of Director, Secretary/Treasurer 1
Director
$0 $0 $0
Holly Nystrom Board of Director 0.5
Director
$0 $0 $0
Dwayne Van Leeuwen Board of Director 0.5
Director
$0 $0 $0
Larry Harden Board of Director - Non Voting 0.5
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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $9,762,441 $11,003,771 $8,578,679 $-1,241,330
2022 $11,464,810 $10,059,807 $7,209,358 $1,405,003
2021 $10,181,632 $9,132,273 $6,961,738 $1,049,359
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