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Nonprofit · EIN 42-0680487

MARTIN HEALTH CENTER INC

Tax-exempt · CEDAR FALLS, IA 50613

Financials

$18.7M$18.9M2023$20.1M$18.9M2024
Revenue Expenses · by fiscal year end
Financials of MARTIN HEALTH CENTER INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$20,054,327$18,938,363$1,115,964$18,629,692$23,918,057-$5,288,365
December 31, 2023990$18,749,944$18,893,299-$143,355$19,484,020$25,888,349-$6,404,329
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$25,003
Program service revenue
$20,029,308
Investment income
$16
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$9,204,369
Salaries, compensation and benefits (total)
$10,646,778
Professional fundraising fees
$0
Occupancy
$280,568
Travel
$44,969
Depreciation
$981,449
Program services (functional)
$15,191,430
Management and general (functional)
$3,746,933

Balance sheet and other

Total assets, start of year
$19,484,020
Total assets, end of year
$18,629,692
Total liabilities, end of year
$23,918,057
Net assets, end of year
-$5,288,365
Land, buildings and equipment
$17,771,765
Net assets without donor restrictions
-$5,288,365
Gross receipts
$20,054,327
Employees
0
Volunteers
6
Year formed
1924
State of legal domicile
IA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
KRIS HANSENCHIEF EXECUTIVE OFFICER
Officer
1$0$498,804$45,481
PAT O'LEARYCHIEF STRATEGY OFFICER
Officer
1$0$321,070$53,536
DARRELL MCCORMICKCHIEF OPERATING OFFICER
Officer
1$0$262,348$50,425
JERRY HARRISPRESIDENT-CEDAR FALLS OPER
Officer
1$0$243,850$41,307
WENDY AGEROPERATIONS SR DIRECTOR
Officer
1$0$195,524$8,981
DIANNE SCHULTZDIRECTOR
Trustee or director
1$0$0$0
DR RICHARD FRANKHAUSERSECRETARY
Trustee or director, Officer
1$0$0$0
GREG SCHMITZTREASURER
Trustee or director, Officer
1$0$0$0
LARRY FOXIMMEDIATE PAST CHAIR
Trustee or director, Officer
1$0$0$0
NAFISSA EGBUONYEDIRECTOR
Trustee or director
1$0$0$0
RONALD GAINESVICE CHAIR
Trustee or director, Officer
1$0$0$0
SARAH BROWNBOARD CHAIR
Trustee or director, Officer
1$0$0$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
KRIS HANSENCHIEF EXECUTIVE OFFICER
Officer
1$0$450,003$42,357
PAT O'LEARYCHIEF STRATEGY OFFICER
Officer
1$0$312,139$39,871
JERRY HARRISPRESIDENT-CEDAR FALLS OPERATIONS
Officer
1$0$242,892$39,247
DARRELL MCCORMICKCHIEF OPERATING OFFICER
Officer
1$0$222,985$47,857
WENDY AGEROPERATIONS SR DIRECTOR
Officer
1$0$176,128$7,045
SARAH BROWNBOARD CHAIR
Trustee or director, Officer
1$0$0$0
RONALD GAINESVICE CHAIR
Trustee or director, Officer
1$0$0$0
LARRY FOXIMMEDIATE PAST CHAIR
Trustee or director, Officer
1$0$0$0
GREG SCHMITZTREASURER
Trustee or director, Officer
1$0$0$0
DR RICHARD FRANKHAUSERSECRETARY
Trustee or director, Officer
1$0$0$0
NAFISSA EGBUONYEDIRECTOR
Trustee or director
1$0$0$0
ASHLEY SWANSONDIRECTOR
Trustee or director
1$0$0$0
DIANNE SCHULTZDIRECTOR
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
5307 CARAWAY LN, CEDAR FALLS, IA 50613-8172
Principal officer (990 for 2024)
PATRICK O'LEARY, 5307 CARAWAY LANE, CEDAR FALLS, IA 50613
Signed the 990
PATRICK O'LEARY, CHIEF STRATEGY OFFICER
Phone
(319) 277-2141
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

ASSERTIVELY SEEKS TO CREATE FULFILLING LIFESTYLES FOR SENIORS, THEIR FAMILIES, AND OUR EMPLOYEES.

990 for the year ended December 31, 2024

Program accomplishments

  • 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.
    Expenses $15,191,430 · revenue $20,029,308

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
42-0680487
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1973
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P750)
Assets (IRS master file)
$18,629,692
Income (IRS master file)
$20,054,327

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$20,054,327$18,938,363$18,629,692XML
990December 2023$18,749,944$18,893,299$19,484,020XML
990December 2022$17,494,010$20,588,502$20,295,697IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 42-0680487).

Questions about MARTIN HEALTH CENTER INC

What is the EIN of MARTIN HEALTH CENTER INC?
The employer identification number (EIN) of MARTIN HEALTH CENTER INC is 42-0680487.
Is MARTIN HEALTH CENTER INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1973.
Are donations to MARTIN HEALTH CENTER INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MARTIN HEALTH CENTER INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MARTIN HEALTH CENTER INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MARTIN HEALTH CENTER INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of MARTIN HEALTH CENTER INC?
The 990 for the year ended December 31, 2024 names PATRICK O'LEARY.
Who are the officers and directors of MARTIN HEALTH CENTER INC?
The 990 for the year ended December 31, 2024 lists 12 people; 0 received compensation from the organization.
How much revenue does MARTIN HEALTH CENTER INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $20,054,327, expenses of $18,938,363 and total assets of $18,629,692 at year end.

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