BROADLAWNS MEDICAL CENTER FOUNDATION

EIN: 421527407 501(c)(3) Health Care

DES MOINES, IA

Total Revenue
$575,935
Total Expenses
$312,622
Total Assets
$3,610,784
Net Assets
$3,573,350
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
IA
Principal Officer
PROCTOR LUREMAN
Phone
5152824603
Tax Period
2024-07-01 to 2025-06-30

BROADLAWNS MEDICAL CENTER FOUNDATION, founded in 2002, is a small nonprofit in the Health Care sector that reported $576K in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. The organization ran a surplus of $263K, a strong 46% operating margin.

Mission

THE BROADLAWNS MEDICAL CENTER FOUNDATION IS DEDICATED TO SUPPORTING THE SUCCESS OF BROADLAWNS MEDICAL CENTER BY PROMOTING ITS FINANCIAL HEALTH AND ENHANCING ITS REPUTATION IN THE COMMUNITY.

Program Service Accomplishments

Program 1
Expenses: $139,158 Revenue: $0

THE BMCF SUPPORTS THE MISSION AND LONG-TERM SUCCESS OF BROADLAWNS MEDICAL CENTER BY SECURING AND DISTRIBUTING PHILANTHROPIC RESOURCES TO ADVANCE PATIENT CARE, HOSPITAL OPERATIONS, WORKFORCE...

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THE BMCF SUPPORTS THE MISSION AND LONG-TERM SUCCESS OF BROADLAWNS MEDICAL CENTER BY SECURING AND DISTRIBUTING PHILANTHROPIC RESOURCES TO ADVANCE PATIENT CARE, HOSPITAL OPERATIONS, WORKFORCE DEVELOPMENT, AND COMMUNITY HEALTH INITIATIVES. FUNDS ARE RECEIVED THROUGH INDIVIDUAL AND CORPORATE CONTRIBUTIONS, PRIVATE FOUNDATIONS, GRANTS, IN-KIND DONATIONS, AND SPECIAL EVENTS, AND ARE STEWARDED TO SUPPORT PROGRAMS, EQUIPMENT, AND SERVICES ALIGNED WITH THE MEDICAL CENTER'S ROLE AS POLK COUNTY'S ESSENTIAL HOSPITAL.BROADLAWNS MEDICAL CENTER SERVES A PATIENT POPULATION WITH SIGNIFICANT FINANCIAL AND SOCIAL NEEDS. DURING THE REPORTING PERIOD, NEARLY 70% OF PATIENTS WERE NOT COMMERCIALLY INSURED, INCLUDING APPROXIMATELY 8% WITH NO INSURANCE COVERAGE. MANY PATIENTS EXPERIENCE BARRIERS THAT EXTEND BEYOND CLINICAL CARE AND AFFECT SAFETY, STABILITY, AND RECOVERY. FOUNDATION-SUPPORTED PROGRAMS ARE DESIGNED TO HELP ADDRESS THESE NEEDS AND SUPPORT ACCESS TO CARE WITH DIGNITY AND COMPASSION.BMCF FUNDING SUPPORTED WORKFORCE DEVELOPMENT INITIATIVES SUCH AS THE TEACH AND TECH JOB TRAINING PROGRAMS, WHICH PROVIDE HEALTHCARE EDUCATION AND CAREER PATHWAYS FOR INDIVIDUALS FACING EMPLOYMENT BARRIERS. THESE PROGRAMS STRENGTHEN THE HEALTHCARE WORKFORCE WHILE EXPANDING ECONOMIC OPPORTUNITY IN THE COMMUNITY.FOUNDATION RESOURCES ALSO SUPPORTED KEY CLINICAL SERVICES, INCLUDING MEMORY HEALTH SERVICES AND MATERNAL AND INFANT CARE THROUGH THE FAMILY BIRTHING CENTER. THROUGH THIS SUPPORT, NEW PARENTS RECEIVED ESSENTIAL SAFETY AND CARE ITEMS SUCH AS CAR SEATS, DIAPERS, AND RELATED SUPPLIES TO PROMOTE SAFE TRANSITIONS HOME FOLLOWING DELIVERY.TO FURTHER SUPPORT PATIENTS' BASIC NEEDS, BMCF FUNDED PROGRAMS THAT ADDRESS PRACTICAL BARRIERS TO CARE. THESE INCLUDED HOSPITAL-BASED CLOTHING CLOSETS, TRANSPORTATION ASSISTANCE SUCH AS BUS TOKENS, AND OTHER ESSENTIAL SUPPORTS THAT HELP PATIENTS ATTEND APPOINTMENTS, SAFELY RETURN HOME, AND MAINTAIN DIGNITY DURING AND AFTER CARE.THROUGH THESE ACTIVITIES, THE BROADLAWNS MEDICAL CENTER FOUNDATION ADVANCED ACCESS TO HEALTHCARE, STRENGTHENED HOSPITAL CAPACITY, AND SUPPORTED BROADLAWNS MEDICAL CENTER IN MEETING THE ONGOING NEEDS OF VULNERABLE PATIENTS AND FAMILIES ACROSS POLK COUNTY.

Program 2
Expenses: $0 Revenue: $0

BROADLAWNS MEDICAL CENTER EMPLOYEES ACTIVELY PARTICIPATE IN AN ANNUAL GIVING CAMPAIGN TO SUPPORT INITIATIVES THAT BENEFIT THE HOSPITAL AND THE COMMUNITY IT SERVES. THIS CAMPAIGN IS AN ANNUAL...

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BROADLAWNS MEDICAL CENTER EMPLOYEES ACTIVELY PARTICIPATE IN AN ANNUAL GIVING CAMPAIGN TO SUPPORT INITIATIVES THAT BENEFIT THE HOSPITAL AND THE COMMUNITY IT SERVES. THIS CAMPAIGN IS AN ANNUAL TESTAMENT TO THE COMMITMENT OF BROADLAWNS MEDICAL CENTER EMPLOYEES TO THE HOSPITAL'S MISSION. IN FISCAL YEAR 2025, WE RAISED $35,040 THROUGH EMPLOYEE GIVING.

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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 (2024)

Revenue Breakdown

Contributions & Grants $469,795
Program Service Revenue $0
Investment Income $96,371
Other Revenue $9,769
TOTAL REVENUE $575,935

Expense Breakdown

Grants Paid $128,629
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $139,158
Other Expenses $183,993
TOTAL EXPENSES $312,622

Year-over-Year Comparison

2024 2023 Change
Revenue $575,935 $491,829 +0.2%
Expenses $312,622 $871,996 -0.6%
Net Income $263,313 $-380,167 -1.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
10
Independent Members
10
Employees
N/A
Volunteers
3

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
6
$1,611,192
Total Directors
12
$1,475,053
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JIM LYNCH TREASURER 1.00
Officer Director
$0 $91,825 $439,837
JASON KRUSE INTERIM PRESIDENT 1.00
Officer Director
$0 $137,330 $743,300
PROCTOR LUREMAN PRESIDENT 1.00
Officer Director
$0 $44,416 $291,916
EMILY WESTERGAARD CHAIR 1.00
Officer Director
$0 $0 $0
DAVE MIGLIN DIRECTOR 1.00
Director
$0 $0 $0
TRAVIS RYCHNOVSKY DIRECTOR 1.00
Director
$0 $0 $0
ALEC NIELSEN DIRECTOR 1.00
Director
$0 $0 $0
CHRIS WOOD DIRECTOR 1.00
Director
$0 $0 $0
MELISSA NESS DIRECTOR 1.00
Director
$0 $0 $0
MARK EGLY DIRECTOR 1.00
Director
$0 $0 $0
NUHA SHASH-BARANZANGI DIRECTOR 1.00
Director
$0 $0 $0
KATHLEEN DAVIS DIRECTOR 1.00
Director
$0 $0 $0
CHRISTY GOODING INTERIM EXECUTIVE DIRECTOR 1.00
Officer
$0 $26,245 $136,139
JONATHAN BRENDEMUEHL FOUNDATION DIRECTOR 40.00
Officer
$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 $575,935 $312,622 $3,610,784 $263,313
2024 $491,829 $871,996 $3,338,805 $-380,167
2024 $491,829 $871,996 $3,338,805 $-380,167
2023 $837,667 $482,051 $3,698,028 $355,616
2022 $947,924 $751,729 $3,787,772 $196,195
2021 $845,033 $893,695 $3,140,160 $-48,662
2020 $623,394 $292,046 $3,187,490 $331,348
2019 $520,410 $366,151 $2,858,633 $154,259
2018 $425,746 $310,478 $2,707,500 $115,268
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