St Luke's Methodist Hospital
Also known as St Luke's Hospital
St Luke's Methodist Hospital reported $502.6 million in revenue and $502.0 million in expenses for calendar year 2024. Of every $100 it spent, $94.72 went to program services, $5.28 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 103.4% of the total. The highest compensation it reported for one person was $1,054,804 (FORMER VP FINANCE/CFO). 176 people received more than $100,000 in reportable compensation. Revenue rose 21% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $502MFor context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $503M- Contributions & grants (non-government)$0.51 $2.8M
- Government grants$2.44 $13M
- Program service revenue$94.55 $520M
- Investment income$2.50 $14M
Other revenue was negative: −$47M. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 94.7% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 5.3% | 13.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 3.2% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 2.7% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 103.4% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $1,054,804 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.21% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 176 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 11.3 | 6.6 |
| Independent voting board members Part VI 1a–1b | 14 of 16 | 88.9% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseHealth care services:st. Luke's Methodist Hospital is an important element of the health-care delivery system that the cedar rapids communities rely on every day. It is committed to providing quality health care, and to using its resources to the greatest community benefit.st. Luke's Methodist Hospital provides inpatient and outpatient medical services to treat individuals with diseases, illness and injuries with varying complexities. It provides services to improve the health of patients and to better their quality of life. All services are provided regardless of an individual's race, creed…
Community benefit, including charity carecharity care and means-tested programs: st. Luke's Methodist Hospital provides charity care and other means-tested programs with the goal to improve the community's overall health and access to care. This includes health-care services regardless of the patient's insurance coverage or financial status. Charity care and partial to full financial assistance is provided to patients on a case-by-case basis. Charity care was made available to people at a value of $1,833,486 in 2024. Oftentimes, st. Luke's Methodist Hospital receives payments from payors or…
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| FORMER VP FINANCE/CFO Former, 0.00 hrs/week | $0 | $941,690 | $113,114 | $1,054,804 |
| FORMER BOARD MEMBER & PRESIDENT/CEO Former, 0.00 hrs/week | $0 | $799,714 | $143,169 | $942,883 |
| BOARD MEMBER AND MKT PRESIDENT Director/trustee, officer, 40.00 hrs/week | $426,171 | $0 | $82,779 | $508,950 |
| MARKET CHIEF MEDICAL OFFICER Key employee, 1.00 hrs/week | $0 | $476,769 | $17,677 | $494,446 |
| MARKET CHIEF NURSING OFFICER Key employee, 40.00 hrs/week | $329,547 | $0 | $56,624 | $386,171 |
| MARKET VP FINANCE Officer, 40.00 hrs/week | $276,565 | $0 | $24,496 | $301,061 |
| PRESIDENT - JRMC Highest compensated employee, 1.00 hrs/week | $232,727 | $0 | $47,165 | $279,892 |
| DENTIST Highest compensated employee, 40.00 hrs/week | $248,384 | $0 | $30,722 | $279,106 |
176 people received more than $100,000 in reportable compensation from St Luke's Methodist Hospital (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.5M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b16 · 14 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 53,282
- Volunteers Part I, line 6440
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| AMN HEALTHCARE INC Healthcare staffing | $9,828,813 |
| GRAHAM CONSTRUCTION CO INC Construction services | $7,803,116 |
| GASTROENTEROLOGISTS PC Staffing services | $5,867,010 |
| MR ASSOCIATES LLP Medical services | $4,458,765 |
| ALPHATES SPINE INC Medical services | $3,125,895 |
Individuals listed as contractors are left out. 71 contractors were paid more than $100,000 in all.
Private foundation grants it received
1 private foundation reported grants to St Luke's Methodist Hospital totaling $665 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from St Luke's Methodist Hospital's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for St Luke's Methodist Hospital, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 St Luke's Methodist Hospital spent in 2024, $94.72 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Tower HealthReading, PA · revenue $502M · programs 81.4% · FY2025
- High Point Regional HealthHigh Point, NC · revenue $503M · programs 94.2% · 2024
- Children's Medical Center CorporationBoston, MA · revenue $501M · programs 81.2% · FY2025
- San Juan Regional Medical CenterFarmington, NM · revenue $505M · programs 92.4% · FY2025
- Providence Saint John's Health CenterRenton, WA · revenue $500M · programs 89.7% · 2024
Questions people ask
How much of St Luke's Methodist Hospital's spending goes to programs?
In calendar year 2024, St Luke's Methodist Hospital reported that 94.7% of its $502.0 million in expenses went to program services, 5.3% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does St Luke's Methodist Hospital pay its top executive?
The largest total compensation St Luke's Methodist Hospital reported for one person in calendar year 2024 was $1,054,804, for the role of FORMER VP FINANCE/CFO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does St Luke's Methodist Hospital get its money?
Of $502.6 million in revenue in calendar year 2024, 3.2% came from contributions and grants (including 2.7% from government grants) and 103.4% from program service revenue (Form 990, Part VIII).
Is St Luke's Methodist Hospital a registered charity?
The IRS lists EIN 42-0504780 as a 501(c)(3) organization (hospital or medical research organization), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202533189349308023 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202423199349309742 · read the filing
- 2022: Form 990 for calendar year 2022, object 202333189349307008 · read the filing
- 2021: Form 990 for calendar year 2021, object 202203189349303645 · read the filing
- 2020: Form 990 for calendar year 2020, object 202133179349302373 · read the filing
- 2019: Form 990 for calendar year 2019, object 202043189349306344 · read the filing
All filings for EIN 42-0504780: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.