Allen Memorial Hospital Corporation

WATERLOO, IA EIN: 42-0698265

THE MISSION OF ALLEN MEMORIAL HOSPITAL CORPORATION IS TO IMPROVE THE HEALTH OF THE PEOPLE AND COMMUNITIES WE SERVE THROUGH HEALING, CARING AND TEACHING.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$448.5M

+14.5% YoY

Annual Giving

$37.6M

-8.2% YoY

Grant Count

7

-22.2% YoY

Avg Grant Size

$5.4M

+18.0% YoY

About Allen Memorial Hospital Corporation

Based on IRS filings

Allen Memorial Hospital Corporation is a nonprofit organization focused on Health, based in WATERLOO, IA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $448.5M in total assets. In 2024, it awarded 7 grants totaling $37.6M. Net investment income was $10.3M.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

CEDAR FALLSCEDAR RAPIDSDALLASKENNESAWWATERLOOWEST DES MOINES

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$122M$244M$366M$487M20202021202220232024
Metric202420232022
Total Assets$448,508,076$391,654,120$406,846,827
Revenue$443,098,535$371,747,996$328,488,106
Expenses$414,473,663$381,282,577$340,402,400
Qualifying Distributions
Net Investment Income$10,266,529$3,457,130$15,383,074
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$10M$20M$31M$41M3 grants20204 grants20217 grants20229 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

IOWA PHYSICIANS MEDICAL …$35.7MMEMORIAL FOUNDATION OF A…$1.0MBLACK HAWK GRUNDY MENTAL…$800KRIVERVIEW CENTER$26KWATERLOO COMMUNITY SCHOOLS$17KJUNIOR ACHIEVEMENT OF EA…$9KCEDAR FALLS COMMUNITY SC…$8K

Grant Size Distribution

30 grants across all recorded years

13<$50K$50–100K$100–250K1$250–500K5$500K–1M5$1–5M6$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

RAJEEV ANUGU MDPHYSICIAN- RADIOLOGY$1.2MROBERTO SALAS FRAGOM…PHYSICIAN- RADIOLOGY$1.2MNISHAD NADKARNI MDPHYSICIAN- RADIOLOGY$1.0MDANIEL LEE MDPHYSICIAN- UROLOGY$877KERIC ASKELAND MDPHYSICIAN- UROLOGY$789KJENNIFER FRIEDLYBOARD MEMBER & MARKET PRESID…$485KNATALIE HUNTERMARKET VP OPERATIONS$248KZACHARY FRENCHMARKET VP FINANCE$242KJODEE KNOXMARKET CHIEF NURSING OFFICER$240KRUSSELL ADAMSMARKET CHIEF MEDICAL OFFICER$33KEDITA BEGICBOARD MEMBER$1KJOAN HEADINGTONBOARD MEMBER$1K

From 2024 filing

NameTitleHoursCompensation
EDITA BEGICBOARD MEMBER1$1,181
STACEY BENTLEYBOARD MEMBER1
KYLE CHRISTIASON MDBOARD CHAIR1
BRYAN EARNESTBOARD MEMBER1
JENNIFER FRIEDLYBOARD MEMBER & MARKET PRESIDENT40$484,503
JOAN HEADINGTONBOARD MEMBER1$1,181
CAROL HIBBSBOARD MEMBER1
LANCE HORBACHBOARD MEMBER1
PRADEEP RAMESH MDBOARD MEMBER1
ZACHARY FRENCHMARKET VP FINANCE40$241,678
RUSSELL ADAMSMARKET CHIEF MEDICAL OFFICER40$33,485
NATALIE HUNTERMARKET VP OPERATIONS40$248,291
JODEE KNOXMARKET CHIEF NURSING OFFICER40$240,191
RAJEEV ANUGU MDPHYSICIAN- RADIOLOGY40$1,188,407
ERIC ASKELAND MDPHYSICIAN- UROLOGY40$789,169
DANIEL LEE MDPHYSICIAN- UROLOGY40$877,451
NISHAD NADKARNI MDPHYSICIAN- RADIOLOGY40$1,002,118
ROBERTO SALAS FRAGOMENI MDPHYSICIAN- RADIOLOGY40$1,168,359
PAMELA DELAGARDELLE TO 823FORMER PRESIDENT/CEO
STEVEN PALMERSHEIM TO 1221FORMER VP FINANCE
CHRISTOPHER HILL DO TO 121FORMER PHYSICIAN-ER/PHYSICIAN DYAD LEADER
SARAH BROWN TO 723FORMER CHIEF NURSING OFFICER

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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