IOWA PHYSICIANS CLINIC MEDICAL FOUNDATION Charity Report

Public IRS 990 nonprofit record

IOWA PHYSICIANS CLINIC MEDICAL FOUNDATION

EIN 42-1411630 · Health Care (E300)

What they do

to IMPROVE THE HEALTH of THE PEOPLE and COMMUNITIES WE SERVE.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $95.40 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 leaders58 people are listed in the latest report.

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

Money made simple

97.35%of revenue went to mission work95.4% of expenses · Program services

$102.08spent for every $100 of revenueSpending was higher than revenue this year.

4.73%of revenue went to management and office costs4.6% of expenses

$0.46in assets for every $1 spent this yearSome assets cannot be spent right away.

24.7%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.

Worth asking: Expenses exceeded revenue by $12,778,667 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $2,303,102 for HIMANSHU TANDON MD (PHYSICIAN). 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$615,062,040

Mission workProgram services$598,772,34697.35% of revenue95.4% of expenses

ManagementOffice and general costs$29,068,3614.73% of revenue4.6% of expenses

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

Total expenses$627,840,707102.08% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

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: 95.4% mission · 4.6% management · 0.0% fundraisingTotal expenses: 102.08% of revenue

2023Expense mix: 94.4% mission · 5.6% management · 0.0% fundraisingTotal expenses: 100.64% of revenue

2022Expense mix: 94.5% mission · 5.5% management · 0.0% fundraisingTotal expenses: 101.08% of revenue

2021Expense mix: 93.7% mission · 6.3% management · 0.0% fundraisingTotal expenses: 105.66% of revenue

2020Expense mix: 92.7% mission · 7.3% management · 0.0% fundraisingTotal expenses: 97.58% of revenue

2019Expense mix: 93.7% mission · 6.3% management · 0.0% fundraisingTotal expenses: 99.28% of revenue

2018Expense mix: 88.9% mission · 11.1% management · 0.0% fundraisingTotal expenses: 104.28% of revenue

2017Expense mix: 89.2% mission · 10.8% management · 0.0% fundraisingTotal expenses: 97.00% of revenue

Money in and money out

Revenue$615,062,040

Expenses$627,840,707

Annual shortfall $12,778,667 Expenses were higher than revenue 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)$598,772,346 · 95.4% of expenses

Management and office costs$29,068,361 · 4.6% of expenses

See all reported dollar amounts

Revenue$615,062,040

Expenses$627,840,707

Assets$291,806,440

Income$615,671,876

Contributions$151,926,832

Mission work (program services)$598,772,346

Grants given$3,478,603

Average grant$434,825

Management and general$29,068,361

Executive compensation (total)$14,634,509

Stocks and bonds$75,614,548

Investing fees$844,614

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

HIMANSHU TANDON MDPHYSICIAN · 40 hrs/week $2,303,102Base $2,283,440 · Other $19,662

BHAVIK PATEL MDPHYSICIAN · 40 hrs/week $2,155,215Base $2,108,494 · Other $46,721

RAJEEV FERNANDO MDPHYSICIAN · 40 hrs/week $1,963,273Base $1,936,756 · Other $26,517

TAUSEEF KHAN MDPHYSICIAN · 40 hrs/week $1,835,105Base $1,790,656 · Other $44,449

GARRY WEIDE DOPHYSICIAN · 40 hrs/week $1,542,890Base $1,503,391 · Other $39,499

STEVEN BROOMHEADPHYSICIAN · 40 hrs/week $907,659Base $854,254 · Other $53,405

PATRICIA NEWLAND MD - BOARD MEMBERPRESIDENT - UNITYPOINT CLINIC · 40 hrs/week $897,200Base $793,456 · Other $103,744

TODD WENCK MDBOARD MEMBER · 40 hrs/week $762,500Base $715,779 · Other $46,721

MELINDA HANSEN MDPHYSICIAN · 40 hrs/week $742,060Base $696,539 · Other $45,521

JASON HUISENGA DOPHYSICIAN · 40 hrs/week $681,104Base $627,684 · Other $53,420

JOSHUA REHMANN DOCHIEF MEDICAL OFFICER - CLINIC · 40 hrs/week $656,316Base $610,837 · Other $45,479

STEPHEN PEDRON MDPHYSICIAN · 40 hrs/week $656,162Base $599,542 · Other $56,620

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 (58)

HIMANSHU TANDON MDPHYSICIAN

BHAVIK PATEL MDPHYSICIAN

RAJEEV FERNANDO MDPHYSICIAN

TAUSEEF KHAN MDPHYSICIAN

GARRY WEIDE DOPHYSICIAN

STEVEN BROOMHEADPHYSICIAN

PATRICIA NEWLAND MD - BOARD MEMBERPRESIDENT - UNITYPOINT CLINIC

TODD WENCK MDBOARD MEMBER

MELINDA HANSEN MDPHYSICIAN

JASON HUISENGA DOPHYSICIAN

JOSHUA REHMANN DOCHIEF MEDICAL OFFICER - CLINIC

STEPHEN PEDRON MDPHYSICIAN

VINKO BOGDANIC MDPHYSICIAN

AMR KAMHAWY MD TO 1222PHYSICIAN

SHAWN KEEVEN MDREGIONAL VP MEDICAL DIRECTOR - QC

CHAD STADSVOLD DOPHYSICIAN

TODD BUTLER MD TO 1221PHYSICIAN

ANDREW NORDINE MDPHYSICIAN

ALECIA ALLEN MDPHYSICIAN

DANIEL GLASCOCK MDREGIONAL VP MEDICAL DIRECTOR - WL

DEREK CLEVIDENCE MDREGIONAL VP MEDICAL DIRECTOR - MERITER

EVAN DIEHL MDREGIONAL VP MEDICAL DIRECTOR - CR

ERIC NEVERMAN DOBOARD MEMBER

KATHERINE MEYERS DOPHYSICIAN

KATHERINE SCHMITT MD TO 1220PHYSICIAN

HIMABINDU ALLA MD TO 1219PHYSICIAN

RUSSELL ADAMS MD TO 1220PHYSICIAN

ANGIE KNOBLAUCHPHYSICIAN

JANE ARNOLDBOARD VICE CHAIR

MICHAEL NAMANNYREGIONAL VP CLINIC OPERATIONS - DSM

STEPHEN PALLONE MDREGIONAL VP MEDICAL DIRECTOR - SC

ANDREW STEFANI MDPHYSICIAN - HOSPITALIST

DIANNA EDWARDS MDBOARD CHAIR

STEVEN CAHALAN MDPHYSICIAN

SHAWN SPOONER MD TO 1220PHYSICIAN

KEITH SEASHORECFO

MICHAEL LEE MDREGIONAL VP MEDICAL DIRECTOR - FD

DANIEL ALLEN MD TO 1222FORMER EXEC VP & CMO

ANDREA WHITE MDBOARD MEMBER

LINCOLN WALLACE MD TO 1221REGIONAL VP MEDICAL DIRECTOR - FD

MATTHEW ROMANIN TO 0324EXEC VP & COO

STACEY BARRETTREGIONAL VP CLINIC OPERATIONS - CR

DAVID CHILDERSREGIONAL VP CLINIC OPERATIONS - MERITER

MATTHEW BEHRENS TO 1219REGIONAL VP CLINIC OPERATIONS - QC

LAUREN HARDISONEXEC DIR STRATEGY & BUSINESS DEVELOPMENT

JOHN ROOF MDREGIONAL VP MEDICAL DIRECTOR - CR

JESSICA MEISNER TO 1222FMR VP HUMAN RESOURCES & EDUCATION

STEVE PALMERSHEIMCFO

WENDY MORTIMORECHIEF MEDICAL INFORMATION OFFICER

MARCEL DEVETTEN MD TO 1219REGIONAL VP MEDICAL DIRECTOR - DSM

KEN FELZ MDBOARD MEMBER

DAVID WILLIAMS MD CEO TO 0420FMR SVP CHIEF CLINICAL OFFICER-UPH

DEBBIE FREIBURGBOARD MEMBER

DEBRA JOHNSONBOARD MEMBER

DEBRA SHRIVERBOARD MEMBER

LEANNE BURRACKBOARD MEMBER

BRIAN SCOTTBOARD TREASURER/SECRETARY

LANCE HORBACHBOARD MEMBER

About this charity

Recognized since: January 1997
Location: 1776 WESTLAKES PKWY STE 400, WDM, IA 50266-8393
County: Polk
In care of: KEITH SEASHORE
Primary officer: KEITH SEASHORE, CFO

How to reach them

Phone(515) 471-9200

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
NTEE classification: Health Care (E300)
IRS tax category: HMO Medical Centers
Grant-giving organization: Yes