ALLEN MEMORIAL HOSPITAL CORPORATION Charity Report

Public IRS 990 nonprofit record

ALLEN MEMORIAL HOSPITAL CORPORATION

EIN 42-0698265 · Health Care (E220)

What they do

THE MISSION of ALLEN MEMORIAL HOSPITAL CORPORATION is to IMPROVE THE HEALTH of THE PEOPLE and COMMUNITIES WE SERVE THROUGH HEALING, CARING and TEACHING.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $95.70 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders22 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

89.56%of revenue went to mission work95.7% of expenses · Program services

$93.54spent for every $100 of revenueRevenue covered expenses this year.

3.98%of revenue went to management and office costs4.3% of expenses

$1.08in assets for every $1 spent this yearSome assets cannot be spent right away.

4.4%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $1,240,734 for RAJEEV ANUGU MD (PHYSICIAN- RADIOLOGY). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$443,098,535

Mission workProgram services$396,854,30489.56% of revenue95.7% of expenses

ManagementOffice and general costs$17,619,3593.98% of revenue4.3% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$28,624,8726.46% of revenueShown in gray on the chart

Total expenses$414,473,66393.54% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 95.7% mission · 4.3% management · 0.0% fundraisingTotal expenses: 93.54% of revenue

2023Expense mix: 94.5% mission · 5.5% management · 0.0% fundraisingTotal expenses: 102.56% of revenue

2022Expense mix: 93.5% mission · 6.5% management · 0.0% fundraisingTotal expenses: 103.63% of revenue

2021Expense mix: 92.1% mission · 7.9% management · 0.0% fundraisingTotal expenses: 97.78% of revenue

2020Expense mix: 92.1% mission · 7.9% management · 0.0% fundraisingTotal expenses: 96.04% of revenue

2019Expense mix: 91.6% mission · 8.4% management · 0.0% fundraisingTotal expenses: 92.05% of revenue

2018Expense mix: 88.2% mission · 11.8% management · 0.0% fundraisingTotal expenses: 94.75% of revenue

2017Expense mix: 87.7% mission · 12.3% management · 0.0% fundraisingTotal expenses: 99.42% of revenue

Money in and money out

Revenue$443,098,535

Expenses$414,473,663

Annual surplus $28,624,872 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$396,854,304 · 95.7% of expenses

Management and office costs$17,619,359 · 4.3% of expenses

See all reported dollar amounts

Revenue$443,098,535

Expenses$414,473,663

Assets$448,508,076

Income$477,391,709

Contributions$19,650,795

Mission work (program services)$396,854,304

Grants given$226,914,990

Average grant$5,402,738

Management and general$17,619,359

Executive compensation (total)$3,843,620

Stocks and bonds$183,729,576

Investing fees$980,746

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

RAJEEV ANUGU MDPHYSICIAN- RADIOLOGY · 40 hrs/week $1,240,734Base $1,188,407 · Other $52,327

ROBERTO SALAS FRAGOMENI MDPHYSICIAN- RADIOLOGY · 40 hrs/week $1,212,750Base $1,168,359 · Other $44,391

NISHAD NADKARNI MDPHYSICIAN- RADIOLOGY · 40 hrs/week $1,030,942Base $1,002,118 · Other $28,824

DANIEL LEE MDPHYSICIAN- UROLOGY · 40 hrs/week $896,020Base $877,451 · Other $18,569

ERIC ASKELAND MDPHYSICIAN- UROLOGY · 40 hrs/week $841,496Base $789,169 · Other $52,327

JENNIFER FRIEDLYBOARD MEMBER & MARKET PRESIDENT · 40 hrs/week $562,472Base $484,503 · Other $77,969

NATALIE HUNTERMARKET VP OPERATIONS · 40 hrs/week $280,100Base $248,291 · Other $31,809

ZACHARY FRENCHMARKET VP FINANCE · 40 hrs/week $259,613Base $241,678 · Other $17,935

JODEE KNOXMARKET CHIEF NURSING OFFICER · 40 hrs/week $252,242Base $240,191 · Other $12,051

PAMELA DELAGARDELLE TO 823FORMER PRESIDENT/CEO $136,439Base · Other $136,439

SARAH BROWN TO 723FORMER CHIEF NURSING OFFICER $106,610Base · Other $106,610

STEVEN PALMERSHEIM TO 1221FORMER VP FINANCE $85,286Base · Other $85,286

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (22)

RAJEEV ANUGU MDPHYSICIAN- RADIOLOGY

ROBERTO SALAS FRAGOMENI MDPHYSICIAN- RADIOLOGY

NISHAD NADKARNI MDPHYSICIAN- RADIOLOGY

DANIEL LEE MDPHYSICIAN- UROLOGY

ERIC ASKELAND MDPHYSICIAN- UROLOGY

JENNIFER FRIEDLYBOARD MEMBER & MARKET PRESIDENT

NATALIE HUNTERMARKET VP OPERATIONS

ZACHARY FRENCHMARKET VP FINANCE

JODEE KNOXMARKET CHIEF NURSING OFFICER

PAMELA DELAGARDELLE TO 823FORMER PRESIDENT/CEO

SARAH BROWN TO 723FORMER CHIEF NURSING OFFICER

STEVEN PALMERSHEIM TO 1221FORMER VP FINANCE

PRADEEP RAMESH MDBOARD MEMBER

KYLE CHRISTIASON MDBOARD CHAIR

CHRISTOPHER HILL DO TO 121FORMER PHYSICIAN-ER/PHYSICIAN DYAD LEADER

RUSSELL ADAMSMARKET CHIEF MEDICAL OFFICER

JOAN HEADINGTONBOARD MEMBER

EDITA BEGICBOARD MEMBER

LANCE HORBACHBOARD MEMBER

CAROL HIBBSBOARD MEMBER

STACEY BENTLEYBOARD MEMBER

BRYAN EARNESTBOARD MEMBER

About this charity

Recognized since: January 1941
Location: 1825 LOGAN AVE, WATERLOO, IA 50703-1916
County: Black Hawk
In care of: ZACH FRENCH
Primary officer: ZACH FRENCH, MARKET VP FINANCE

How to reach them

Phone(319) 235-3995 Officer phone(319) 235-3544

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
NTEE classification: Health Care (E220)
IRS tax category: General Medical and Surgical Hospitals
Grant-giving organization: Yes