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Martin Health Center

Cedar Falls, IA · EIN 42-0680487 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Martin Health Center reported $20.1 million in revenue and $18.9 million in expenses for calendar year 2024. Of every $100 it spent, $80.22 went to program services, $19.78 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: 99.9% of the total. The highest compensation it reported for one person was $544,285 (CHIEF EXECUTIVE OFFICER). Revenue rose 30% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $19M

For context, the median across 3,614 covered human services charities: $88.27 programs, $11.52 management, $0.21 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 $20M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 3,614 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
80.2%87.2%
Management & general
Part IX 25(C) ÷ 25(A)
19.8%11.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.2%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
Not reported$0.02
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.1%20.6%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%2.4%
Program service revenue share
Part VIII 2g ÷ 12
99.9%70.8%
Highest reported compensation
Part VII-A, columns D–F
$544,285$274,992
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.87%1.18%
People paid over $100,000
Part VII, line 2
06
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
-3.46.9
Independent voting board members
Part VI 1a–1b
7 of 7100.0%

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 expense
$15M expenses · 100.0% of program spending · revenue $20M

Offering compassionate care and services for seniors through operation of a 100 bed nursing facility, and by offering in-home companion and post hospital care services

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CHIEF EXECUTIVE OFFICER
Officer, 1.00 hrs/week
$0$498,804$45,481$544,285
CHIEF STRATEGY OFFICER
Officer, 1.00 hrs/week
$0$321,070$53,536$374,606
CHIEF OPERATING OFFICER
Officer, 1.00 hrs/week
$0$262,348$50,425$312,773
PRESIDENT-CEDAR FALLS OPER
Officer, 1.00 hrs/week
$0$243,850$41,307$285,157
OPERATIONS SR DIRECTOR
Officer, 1.00 hrs/week
$0$195,524$8,981$204,505

0 people received more than $100,000 in reportable compensation from Martin Health Center (Part VII, line 2).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$20M$19M80.2%−$5.3M$544,285
2023 ⓘ$19M$19M80.4%−$6.4M$492,360
2022 ⓘ$17M$21M85.6%−$6.3M$479,565
2021 ⓘ$20M$20M85.5%−$3.2M$429,915
2020 ⓘ$17M$18M88.2%−$2.9M$431,031
2019 ⓘ$15M$17M88.0%−$1.8M$428,514

Governance 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–1b7 · 7 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 15aNo
  • 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 50
  • Volunteers Part I, line 66

Correct a figure or respond

Every number above is copied from Martin Health Center's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Martin Health Center, you can publish a response that is linked from this page.

Questions people ask

How much of Martin Health Center's spending goes to programs?

In calendar year 2024, Martin Health Center reported that 80.2% of its $18.9 million in expenses went to program services, 19.8% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Martin Health Center pay its top executive?

The largest total compensation Martin Health Center reported for one person in calendar year 2024 was $544,285, for the role of CHIEF EXECUTIVE OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Martin Health Center get its money?

Of $20.1 million in revenue in calendar year 2024, 0.1% came from contributions and grants and 99.9% from program service revenue (Form 990, Part VIII).

Is Martin Health Center a registered charity?

The IRS lists EIN 42-0680487 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), 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 202523219349316902 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202403099349301345 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202332989349301838 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202243159349306224 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202143149349304029 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202013209349301121 · read the filing

All filings for EIN 42-0680487: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.