IDA COUNTY IOWA COMMUNITY HOSPITAL INC

EIN: 420843389 501(c)(3) Health Care

IDA GROVE, IA

Total Revenue
$27,848,300
Total Expenses
$28,498,206
Total Assets
$36,220,594
Net Assets
$23,836,432
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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
1966
Legal Domicile
IA
Principal Officer
GLEN WINEKAUF
Phone
7123643311
Tax Period
2023-01-01 to 2023-12-31

IDA COUNTY IOWA COMMUNITY HOSPITAL INC, founded in 1966, is a mid-sized nonprofit in the Health Care sector that reported $27.8M in total revenue in fiscal year 2023.

Mission

TO PROVIDE HEALTHCARE SERVICES TO THE RESIDENTS OF IDA GROVE & THE SURROUNDING COMMUNITIES.

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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 $1,470,483
Program Service Revenue $26,111,393
Investment Income $80,557
Other Revenue $185,867
TOTAL REVENUE $27,848,300

Expense Breakdown

Grants Paid $0
Salaries & Benefits $14,690,148
Fundraising Expenses $0
Program Expenses $26,261,732
Other Expenses $13,808,058
TOTAL EXPENSES $28,498,206

Year-over-Year Comparison

2023 2022 Change
Revenue $27,848,300 $27,382,600 +0.0%
Expenses $28,498,206 $26,381,753 +0.1%
Net Income $-649,906 $1,000,847 -1.6%
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

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Governance

Voting Members
9
Independent Members
9
Employees
232
Volunteers
16

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
$474,465
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALBERT VELTRI PHYSICIAN 40.00
Highest
$358,576 $58,448 $417,024
MAX DELANEY CRNA 40.00
Highest
$239,275 $52,982 $292,257
SHARON VANDEVEGTE PHYSICIAN 40.00
Highest
$236,411 $52,131 $288,542
CURTIS HESSE PHYSICIAN 40.00
Highest
$239,618 $23,072 $262,690
GLEN WINEKAUF CEO 40.00
Officer
$211,996 $11,936 $223,932
SHELLY ELSE PA 40.00
Highest
$156,713 $50,251 $206,964
JONI SCHUMANN CFO THRU 9/23 40.00
Officer
$118,046 $19,750 $137,796
NICHOLE EHRIG CFO 40.00
Officer
$110,407 $2,330 $112,737
JEAN BURNS CHAIR 0.50
Officer Director
$0 $0 $0
DAVID FORBES VICE CHAIR 0.50
Officer Director
$0 $0 $0
KELLI BOYLE SECRETARY 0.50
Officer Director
$0 $0 $0
COLE BOGER TREASURER 0.50
Officer Director
$0 $0 $0
PETER GOLDSMITH DIRECTOR THRU 4/23 0.50
Director
$0 $0 $0
CHRISTINA HANSON DIRECTOR 0.50
Director
$0 $0 $0
VANCE LUNDELL DIRECTOR 0.50
Director
$0 $0 $0
ROB PAULSEN DIRECTOR 0.50
Director
$0 $0 $0
KRIS GUNDERSON DIRECTOR 0.50
Director
$0 $0 $0
DENISE REDENIUS DIRECTOR 0.50
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 No data No data No data No data
2023 $27,848,300 $28,498,206 $36,220,594 $-649,906
2022 $27,382,600 $26,381,753 $34,695,468 $1,000,847
2021 $24,267,100 $23,933,240 $36,282,126 $333,860
2020 $27,340,187 $21,900,272 $35,677,940 $5,439,915
2019 $21,011,549 $20,673,702 $30,492,860 $337,847
2018 $20,810,321 $20,405,798 $30,136,849 $404,523
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