Waterloo, IA
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Sign In — Free (10 views/day)Northeast Iowa Medical Education Foundation Inc, founded in 1975, is a community nonprofit that reported $8.5M in total revenue in fiscal year 2020. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $1.3M, a strong 15% operating margin.
Developing excellent Family Medicine physicians by modeling and teaching compassionate and comprehensive patient care delivered with the highest quality.
The Northeast Iowa Medical Education Foundation was founded in 1975 to develop a Family Medicine training program. The Family Medicine Residency Program is the branch of the Foundation which provides...
The Northeast Iowa Medical Education Foundation was founded in 1975 to develop a Family Medicine training program. The Family Medicine Residency Program is the branch of the Foundation which provides physicians with three years of additional training in the specialty of family medicine. During their training, resident physicians provide comprehensive health care under the supervision of board certified family medicine physicians. Upon graduation, these physicians provide a potential source of family physicians settling to practice in the community.Resident training takes place in the hospital setting, in private physician offices and in the Northeast Iowa Family Practice Center. During their three-year training program, the physicians receive training in internal medicine, obstetrics/gynecology, surgery, pediatrics, emergency medicine, family medicine, community medicine, psychiatry and behavioral science, orthopedics, otorhinolaryngology, ophthalmology and dermatology. In addition, they may use elective time to concentrate on specialties and sub-specialties of their choice. Resident physicians provide comprehensive medical care to a group of up to 250 patient families at the Northeast Iowa Family Practice Center. Residents may consult with faculty physicians during patient visits. Patients requiring care in the hospital are seen by both resident and faculty physicians.Area physicians are committed to the Northeast Iowa Family Medicine Residency Program. Nearly all private physicians in the area volunteer to teach the skills and procedures resident physicians will need in private practice. Physicians selected to be residents in the Northeast Iowa Family Medicine Residency Program are all graduates of accredited medical schools. The Waterloo Program recruits medical school graduates of the highest caliber, taking into consideration personal characteristics, aptitude and academic achievements.Graduates of the Northeast Iowa Family Medicine Residency Program are eligible to sit for the certification examination in the specialty of family medicine. This examination is administered by the American Board of Family Medicine, which is the specialty board that certifies family physicians.The Residency Program is accredited by the Accreditation Council of Graduate Medical Education (ACGME), which is composed of representatives of five national associations interested in medical education. These associations are the American Board of Medical Specialties, American Hospital Association, American Medical Association, Association of American Medical Colleges and the Council of Medical Specialty Societies. The ACGME accredits residency programs through their Residency Review Committees with each specialty having its own committee.Educational activities of the Foundation include the Family Medicine Residency Program, undergraduate medical education, continuing medical education, and medical research. The Foundation is sponsored by Allen Memorial Hospital and Covenant Medical Center.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2020 | 2019 | Change | |
|---|---|---|---|
| Revenue | $8,516,068 | $7,540,536 | +0.1% |
| Expenses | $7,232,631 | $7,777,237 | -0.1% |
| Net Income | $1,283,437 | $-236,701 | -6.4% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
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Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Anthony A Day MD | Executive Director | 55.00 |
Officer
Director
|
$288,690 | $48,305 | $336,995 |
| Russel Adams MD | President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Matthew Sojka MD | Vice President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Jack Dusenbery | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Pamela Delagardelle | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Nicholas Goetsch DO | Director - until Feb 2021 | 1.00 |
Director
|
$0 | $0 | $0 |
| Eric Neverman DO | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Vinko Bogdanic MD | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Adriane Argenio MD | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Julie Sandell DO | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Greg Nelson | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Attiq-UR Rehman MD | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Dan Glascock MD | Director - as of Feb 2021 | 1.00 |
Director
|
$0 | $0 | $0 |
| Julie Smith | Clinical Operations Manager | 45.00 |
Officer
|
$79,024 | $25,228 | $104,252 |
| Robert Welshons PAC | Physician Assistant | 40.00 |
Highest
|
$100,829 | $21,631 | $122,460 |
| Adam Roise MD | Assistant Program Director | 45.00 |
Highest
|
$221,905 | $19,013 | $240,918 |
| Suzanne Munns MD | Assistant Program Director | 45.00 |
Highest
|
$213,643 | $24,449 | $238,092 |
| Cindy Huwe MD | Assistant Program Director | 45.00 |
Highest
|
$218,153 | $750 | $218,903 |
| Lane Noble DO | Assistant Program Director | 45.00 |
Highest
|
$181,666 | $7,854 | $189,520 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2021 | $8,516,068 | $7,232,631 | $3,029,033 | $1,283,437 |
| 2021 | No data | $885,398 | No data | No data |
| 2020 | $7,540,536 | $7,777,237 | $3,412,038 | $-236,701 |
| 2019 | $7,585,308 | $7,806,164 | $2,255,569 | $-220,856 |
| 2018 | $7,536,284 | $7,670,852 | $2,478,593 | $-134,568 |
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