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
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
30 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Iowa Physicians Medical Foundation ($35,738,277), Memorial Foundation of Allen Hospital ($1,012,646), Black Hawk Grundy Mental Health Center ($800,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BLACK HAWK GRUNDY MENTAL HEALTH CENTER WATERLOO, IA | PROGRAM SUPPORT | $800,000 |
| CEDAR FALLS COMMUNITY SCHOOLS CEDAR FALLS, IA | PROGRAM SUPPORT | $8,333 |
| IOWA PHYSICIANS MEDICAL FOUNDATION WEST DES MOINES, IA | PROGRAM SUPPORT | $35,738,277 |
| JUNIOR ACHIEVEMENT OF EASTERN IOWA CEDAR RAPIDS, IA | PROGRAM SUPPORT | $9,200 |
| MEMORIAL FOUNDATION OF ALLEN HOSPITAL WATERLOO, IA | PROGRAM SUPPORT | $1,012,646 |
| RIVERVIEW CENTER WATERLOO, IA | PROGRAM SUPPORT | $25,645 |
| WATERLOO COMMUNITY SCHOOLS WATERLOO, IA | PROGRAM SUPPORT | $16,667 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| EDITA BEGIC | BOARD MEMBER | 1 | $1,181 |
| STACEY BENTLEY | BOARD MEMBER | 1 | — |
| KYLE CHRISTIASON MD | BOARD CHAIR | 1 | — |
| BRYAN EARNEST | BOARD MEMBER | 1 | — |
| JENNIFER FRIEDLY | BOARD MEMBER & MARKET PRESIDENT | 40 | $484,503 |
| JOAN HEADINGTON | BOARD MEMBER | 1 | $1,181 |
| CAROL HIBBS | BOARD MEMBER | 1 | — |
| LANCE HORBACH | BOARD MEMBER | 1 | — |
| PRADEEP RAMESH MD | BOARD MEMBER | 1 | — |
| ZACHARY FRENCH | MARKET VP FINANCE | 40 | $241,678 |
| RUSSELL ADAMS | MARKET CHIEF MEDICAL OFFICER | 40 | $33,485 |
| NATALIE HUNTER | MARKET VP OPERATIONS | 40 | $248,291 |
| JODEE KNOX | MARKET CHIEF NURSING OFFICER | 40 | $240,191 |
| RAJEEV ANUGU MD | PHYSICIAN- RADIOLOGY | 40 | $1,188,407 |
| ERIC ASKELAND MD | PHYSICIAN- UROLOGY | 40 | $789,169 |
| DANIEL LEE MD | PHYSICIAN- UROLOGY | 40 | $877,451 |
| NISHAD NADKARNI MD | PHYSICIAN- RADIOLOGY | 40 | $1,002,118 |
| ROBERTO SALAS FRAGOMENI MD | PHYSICIAN- RADIOLOGY | 40 | $1,168,359 |
| PAMELA DELAGARDELLE TO 823 | FORMER PRESIDENT/CEO | — | — |
| STEVEN PALMERSHEIM TO 1221 | FORMER VP FINANCE | — | — |
| CHRISTOPHER HILL DO TO 121 | FORMER PHYSICIAN-ER/PHYSICIAN DYAD LEADER | — | — |
| SARAH BROWN TO 723 | FORMER CHIEF NURSING OFFICER | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Allen Memorial Hospital Corporation?
Allen Memorial Hospital Corporation is a nonprofit organization focused on Health, based in WATERLOO, IA. It holds $448.5M in total assets as of 2024.
How large is Allen Memorial Hospital Corporation?
As of 2024, Allen Memorial Hospital Corporation holds $448.5M in total assets with $443.1M in annual revenue. It awarded 7 grants totaling $37.6M in 2024.
Where does Allen Memorial Hospital Corporation operate?
Allen Memorial Hospital Corporation has awarded grants in Georgia, Iowa, Texas.
What size grants does Allen Memorial Hospital Corporation award?
In 2024, Allen Memorial Hospital Corporation awarded 7 grants totaling $37.6M — an average of about $5.4M per grant, based on its IRS Form 990 filings.
What is Allen Memorial Hospital Corporation's EIN?
Allen Memorial Hospital Corporation's EIN (Employer Identification Number) is 42-0698265. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Allen Memorial Hospital Corporation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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