Improving quality of life for iowans and their families during life's health transitions through compassionate individualized care.
Key facts about Care Initiatives
In short: Care Initiatives gave $10K across 1 grant in 2024 (avg $10K), mostly in Iowa. Source: 2024 IRS Form 990.
- EIN
- 76-0262402
- Latest 990 filing
- Form 990, 2024
- Annual giving (2024)
- $10,000
- Grants made (2024)
- 1
- Average grant
- $10,000
- Median grant
- $10,000
- Total assets
- $173,770,747
- Primary geography
- Iowa (100% of itemized 2024 grant dollars)
Data from IRS Form 990, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990 · View filing
Total Assets
$173.8M
+0.2% YoY
Annual Giving
$10K
-0.0% YoY
Grant Count
1
Avg Grant Size
$10K
How Care Initiatives gives
- Giving fell 75% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
About Care Initiatives
Based on IRS filings
Care Initiatives is a public charity focused on Health, based in West Des Moines, IA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $173.8M in total assets. In 2024, it awarded 1 grant totaling $10K. Net investment income was $1.3M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $10K (2020) to $60K (2022). In 2024 it made 1 grant totaling $10K.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Iowa Health Care Association Foundation ($10K).
Grant Size Distribution
11 grants across all recorded years
The most common grant size was under $50K: 11 grants of 11 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Iowa Health Care Association Foundation West Des Moines, IA | General Support | $10,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $173,770,747 | $173,375,162 | $177,858,014 |
| Revenue | $271,912,461 | $261,075,251 | $237,982,008 |
| Expenses | $265,428,959 | $261,808,342 | $254,494,807 |
| Net Investment Income | $1,347,990 | $826,140 | $485,514 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 5, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 4, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 11, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 6, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 10, 2025)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Care Initiatives is led by Michael Beal, President, CEO & Vice Chair since 2021 (on filings since 2020); all 17 officers listed in 2024 are compensated.
Officers on the 2024 filing
Michael Beal
President, CEO & Vice Chair
President & CEO → President, CEO & Vice Chair, 2021
On filings since 2020
40 hrs/week
$328K (2020) → $729K (2024)
Denise Sturm
Chair
Director → Board Chair, 2023
Board Chair → Chair, 2024
On filings since 2021
2 hrs/week
$28K (2021) → $28K (2024)
Lane Bowen
Director
On filings since 2021
1 hr/week
$28K (2021) → $28K (2024)
Keith Krein
Director
On filings since 2022
3 hrs/week
$15K (2022) → $28K (2024)
Linda Upmeyer
Director
On filings since 2022
2 hrs/week
$15K (2022) → $28K (2024)
Elizabeth Rust
Director
On filings since 2023
3 hrs/week
$28K (2023) → $28K (2024)
Kevin Childs
Director
Director From → Director, 2024
On filings since 2023
1 hr/week
$18K (2023) → $28K (2024)
David Dixon
Senior Vice President, CFO & Treasurer
On filings since 2020
40 hrs/week
$317K (2020) → $437K (2024)
Jeramy Kuhn
Chief Compliance Officer
Vice President - Chief Compliance Officer → Chief Compliance Officer, 2024
On filings since 2020
40 hrs/week
$231K (2020) → $295K (2024)
Johanna Volm
Vice President Clinical Services
Vice President & Clinical Services → Vice President Clinical Services, 2024
On filings since 2021
40 hrs/week
$240K (2021) → $310K (2024)
Jennifer Harwood
Vice President Hospice
On filings since 2023
40 hrs/week
$79K (2023) → $275K (2024)
Jessica McDyer
Vice President Skilled Nursing Operati
Vice President Skilled Nursing Operations → Vice President Skilled Nursing Operati, 2024
On filings since 2023
40 hrs/week
$227K (2023) → $297K (2024)
Mary Jane Carothers
Secretary
Director → Secretary, 2024
On filings since 2023
2 hrs/week
$28K (2023) → $28K (2024)
Cami Black
Vice President Hospice
New on the 2024 filing
40 hrs/week
$29K (2024)
Darline Etienne
Charge Nurse Rn
New on the 2024 filing
90 hrs/week
$312K (2024)
Emily Drake
Vice President General Counsel
New on the 2024 filing
40 hrs/week
$298K (2024)
Joeilynn Leonhardt
Vice President Human Resources
New on the 2024 filing
40 hrs/week
$288K (2024)
Former officers (19)
- Former: Ron Harmond (2020–2023) — Director
- Former: Steven Ackerson (2020–2023) — Secretary
- Former: Joseph Reese (2021–2023) — Senior Vice President & COO
- Former: Eric Woodman (2022–2023) — Vice President Home Health & Hospice
- Former: Cynthia Williams (2023) — Vice President Information Systems
- Former: Elizabeth Gana (2023) — Charge Nurse-Lpn
- Former: Miriam Yocum (2020–2022) — Vice President, Hospice & Clinical Director
- Former: Robert Conlon (2020–2022) — Director
- Former: Stephanie Edwards (2020–2022) — Chair
- Former: Abhay Nadipuram (2021–2022) — Vice President & Chief Legal Officer
- Former: Charleen Schlepp (2020–2021) — Former Senior Vice President & Director of Operations
- Former: Andrew Wagg (2021) — Regional Director of Operations
- Former: Tanya Gilyard (2021) — Vice President & Business Development
- Former: Casey Stephens (2020) — Regional Director of Operations
- Former: Christina Frimml (2020) — Rn-Charge Nurse
- Former: Kenneth Nelson (2020) — Regional Director of Operations
- Former: Lorraine Bellinger (2020) — Administrator
- Former: Miles King (2020) — President & CEO
- Former: Ron Northup (2020) — Director
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $729K, to Michael Beal (President/CEO/Vice Chair). 17 officers or directors reported compensation on that filing.
Frequently asked questions about Care Initiatives
How much does Care Initiatives give each year?
Care Initiatives gave $10K across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it reported $10K in grants paid.
How large is Care Initiatives?
Care Initiatives reported $173.8M in total assets on its 2024 IRS Form 990. Its revenue that year was $271.9M.
What is Care Initiatives?
Care Initiatives is a public charity focused on Health, based in West Des Moines, IA. It holds $173.8M in total assets as of 2024.
Where does Care Initiatives operate?
Care Initiatives has awarded grants in Iowa, Maryland.
What is Care Initiatives's EIN?
Care Initiatives's EIN (Employer Identification Number) is 76-0262402. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Care Initiatives by hand.
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