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Trinity Health Systems Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 421222877 ✦ Fort dodge, IA ✦ Designated as a 501(c)(3)

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Overview

What is Trinity Health Systems Inc?

Trinity Health Systems Inc, established in Fort Dodge, Iowa, serves as a supportive entity for various related charitable organizations. Its primary mission is to enhance the health of local communities, undertaking this task through efficient and cost-effective healthcare provision. The organization offers assistance in constructing, managing, and operating facilities, programs, and related activities, with a focus on health care and education. Some of the institutions it supports include Trinity Regional Medical Center, Trinity Health Foundation, Trimark Physicians Group, and North Central Iowa Mental Health Center, Inc. (operating as Berryhill Center for Mental Health). The corporation upholds its purpose by engaging in charitable, educational, religious, and scientific activities, contributing to the betterment of community health.


Official website here: www.unitypoint.org (see sch o)

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

Trinity Health Systems Inc has received a Two-Star out of Four Star rating from Charity Navigator, indicating that there are significant areas for improvement. With an overall score of 60%, the organization demonstrates a solid structure with independent board members and comprehensive governance policies, including a whistleblower policy and conflict of interest guidelines. However, there are critical concerns regarding its financial health, particularly reflected in a low program expense ratio and a high liabilities to assets ratio.

While Trinity Health Systems Inc has established essential accountability measures, the financial metrics raise red flags about its operational effectiveness. The organization allocates only 37.63% of its expenses to programs, which could suggest a lack of investment in service delivery or community impact. This aspect could affect donor confidence and long-term sustainability.

In summary, while the nonprofit has strengths in governance and compliance, its financial performance and programmatic investments necessitate significant attention. Addressing these weaknesses would enhance its ability to fulfill its mission and improve its standing with potential donors and stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Trinity Health Systems Inc legitimate?

Trinity Health Systems Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Trinity Health Systems Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $1,540,379
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,404,695

For more financial information, click here


Official website here: www.unitypoint.org (see sch o)

What is the mission statement of Trinity Health Systems Inc?

Trinity Health Systems Inc's mission is centered around enhancing the health of communities and regions. They achieve this by delivering high-quality healthcare in an efficient and cost-effective manner. The organization provides various support services to several related charitable entities, such as hospitals, foundations, and mental health centers. These services include constructing, managing, operating, and maintaining facilities and programs related to healthcare and education. The primary objective of Trinity Health Systems Inc is to engage in charitable, educational, religious, and scientific activities, contributing to the betterment of health care and education.


Official website here: www.unitypoint.org (see sch o)

Who is the CEO of Trinity Health Systems Inc?

Leah Glasgo is the Principal Officer of Trinity Health Systems Inc. The CEO's salary of Trinity Health Systems Inc is $241,487 and their total compensation is $278,027.


Official website here: www.unitypoint.org (see sch o)

What is the revenue of Trinity Health Systems Inc?

Trinity Health Systems Inc's revenue in 2022 was $3,485,904.


Official website here: www.unitypoint.org (see sch o)

Who are the executives of Trinity Health Systems Inc and what are their salaries?

The average compensation at Trinity Health Systems Inc during 2022 was $210,362. There are 14 employees and 7 volunteers at Trinity Health Systems Inc.


Here are 20 key members and their salaries (Trinity Health Systems Inc's CEO's salary is $241,487 and their total compensation is $278,027):


Charles Clayton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neven Conrad (Board Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Frideres (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Frischmeyer (Board Chair)
  • Compensation: $0
  • Related: $2,500
  • Other: $0
Leah Glasgo Board Member (& President/Ceo (Sc & Fd))
  • Compensation: $1,067,658
  • Related: $0
  • Other: $100,798
Debra Johnson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Kolacia (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Lee Md (Board Member)
  • Compensation: $0
  • Related: $460,235
  • Other: $28,919
Jill Nelson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jere Null To 1222 (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lincoln Wallace Md (Board Secretary/Treasurer)
  • Compensation: $0
  • Related: $498,013
  • Other: $48,241
Michael Willerth Md (Board Member)
  • Compensation: $0
  • Related: $616,906
  • Other: $38,077
Sarah Marsh (Vp Finance)
  • Compensation: $218,564
  • Related: $0
  • Other: $38,381
Troy Martens Coo To 322 Exec (Dir. Supply Chain Ops (Fr 3/22))
  • Compensation: $104,790
  • Related: $153,289
  • Other: $31,088
Steven Colerick (Ceo - Buena Vista Reg. Med. Ctr)
  • Compensation: $309,399
  • Related: $0
  • Other: $43,698
Ralph Heasley (Dir Reimbursement/Rural Hospitals)
  • Compensation: $231,774
  • Related: $0
  • Other: $34,169
Kari Jones (Chief Nursing Executive)
  • Compensation: $230,816
  • Related: $0
  • Other: $50,571
James Roetman (Ceo - Pocahontas Community Hospital)
  • Compensation: $340,558
  • Related: $0
  • Other: $43,194
Michelle Sleiter (Ceo - Humboldt County Memorial Hosp.)
  • Compensation: $241,487
  • Related: $0
  • Other: $36,540
Susan Thompson-Ihs Int Ceo To 0221 (Fmr Int Board Mbr & Pres (To 1/19))
  • Compensation: $0
  • Related: $278,902
  • Other: $0


Official website here: www.unitypoint.org (see sch o)

Where can I find the form 990 for Trinity Health Systems Inc?

Trinity Health Systems Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.unitypoint.org (see sch o)

Learn more at the official website: www.unitypoint.org (see sch o)

Mission Statement of Trinity Health Systems Inc

Trinity Health Systems Inc, a nonprofit organization, is dedicated to improving the health of communities and regions. Their mission is accomplished by providing quality healthcare in an efficient and cost-effective manner. To achieve this goal, the organization offers support services to various related charitable, tax-exempt organizations such as Trinity Regional Medical Center, Trinity Health Foundation, Trimark Physicians Group, and North Central Iowa Mental Health Center, Inc. dba Berryhill Center for Mental Health. These support services include constructing, leasing, managing, operating, providing, and maintaining facilities, programs, services, and related activities that further health care and education. By doing so, Trinity Health Systems Inc contributes to the betterment of community health and education, aiming to engage in and conduct charitable, educational, religious, and scientific activities in accordance with its stated purposes.

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Impact




July, 2024

Trinity Health Systems Inc's impact is focused on improving the health of the citizens of their communities and regions by providing quality healthcare in an efficient and cost-effective manner. They support the missions of several related charitable, tax-exempt organizations by providing various support services such as managing, operating, and maintaining healthcare facilities and programs. Through their activities, including owning and leasing healthcare establishments like Trinity Regional Medical Center and Berryhill Center for Mental Health, Trinity Health Systems Inc plays a vital role in advancing healthcare and educational programs in their area. Their primary purpose is to engage in charitable, educational, religious, and scientific activities that align with their mission of enhancing the health and well-being of the community.




This information is meant to be a general summary of Trinity Health Systems Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$3,485,904 (2022)
Expenses
$3,372,826 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $284
  • Program Service Revenue: $2,485,620
  • Gross Receipts: $3,485,904

Assets and Liabilities:

  • Total Assets: $31,871,104
  • Total Liabilities: $1,363,450
  • Net Assets: $30,507,654

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MGMT & SUPPORT SVCS

Revenue

$2,485,620

Organization Details

Founding Year

1983

Principal Officer

Leah Glasgo

Main Address

802 KENYON RD, FORT DODGE, IA, 50501

NTEE Category

Code: E210 - Health

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