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Nonprofit · EIN 42-0680354

THE FINLEY HOSPITAL

Tax-exempt · DUBUQUE, IA 52001

Financials

$146.7M$142.5M2023$160.8M$149.3M2024
Revenue Expenses · by fiscal year end
Financials of THE FINLEY HOSPITAL by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$160,769,081$149,343,754$11,425,327$257,278,860$42,410,016$214,868,844
December 31, 2023990$146,676,465$142,522,539$4,153,926$237,210,189$39,915,621$197,294,568
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$608,426
Program service revenue
$152,439,142
Investment income
$6,216,907
Net gain from sales of assets
$3,080,841
Other revenue
$1,504,606

Expenses

Grants and similar amounts paid
$560,083
Compensation of officers, directors and key employees
$1,857,318
Other salaries and wages
$62,054,581
Salaries, compensation and benefits (total)
$78,506,869
Professional fundraising fees
$0
Legal fees
$165,813
Occupancy
$4,219,185
Travel
$356,403
Depreciation
$5,468,440
Program services (functional)
$139,959,730
Management and general (functional)
$9,384,018
Fundraising (functional)
$6

Balance sheet and other

Total assets, start of year
$237,210,189
Total assets, end of year
$257,278,860
Total liabilities, end of year
$42,410,016
Net assets, end of year
$214,868,844
Land, buildings and equipment
$76,380,347
Publicly traded securities
$127,708,711
Net assets without donor restrictions
$202,943,732
Net assets with donor restrictions
$11,925,112
Gross unrelated business income
$2,210,643
Gross receipts
$182,017,499
Employees
1,010
Volunteers
17
Year formed
1941
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
BARRY WAACK DOPHYSICIAN
Highest-paid employee
40$571,357$0$27,815
MICHAEL BANYASZ MDPHYSICIAN
Highest-paid employee
40$498,257$0$49,578
ANTHONY MARKHAM MDPHYSICIAN
Highest-paid employee
40$466,626$0$39,171
JENNIFER HAVENSBOARD MEMBER & MARKET PRESIDENT
Trustee or director, Officer
40$395,490$0$71,871
PHILIP ZIMMERMAN MDPHYSICIAN
Highest-paid employee
40$407,149$0$52,199
CHAD WOLBERS TO 823BOARD MEMBER & PRESIDENT/CEO
Former
0$352,455$0$26,058
ALEJANDRO PULIDO MDPHYSICIAN
Highest-paid employee
40$330,867$0$46,723
CAROL CROSSMARKET VP FINANCE
Officer
40$304,725$0$39,318
CARLA BELKEN TO 624VP OPERATIONS
Key employee
40$266,411$0$33,886
BRYAN PECHOUS MDVP MEDICAL AFFIARS
Key employee
40$245,202$0$36,300
MARY PETERS TO 324CHIEF NURSING OFFICER
Key employee
40$206,968$0$10,539
BILL ARNOLDBOARD MEMBER
Trustee or director
1$0$14,500$0
KATHY BUHRBOARD MEMBER
Trustee or director
1$0$0$0
ROY BUOL TO 1124BOARD MEMBER
Trustee or director
1$0$0$0
MARK DICKSON TO 1124BOARD MEMBER
Trustee or director
1$0$0$0
13 more people on this return
NameTitleHours / weekCompensation
SUSAN FARBERBOARD CHAIR
Trustee or director, Officer
1$0
SUE FREEMANBOARD MEMBER
Trustee or director
1$0
MIKE JANSENBOARD MEMBER
Trustee or director
1$0
NICOLE JEDLICKA DPMBOARD MEMBER
Trustee or director
1$0
JASON KNOCKELBOARD MEMBER
Trustee or director
1$0
KEVIN LYNCH TO 624BOARD MEMBER
Trustee or director
1$0
KATHLEEN NACOS-BURDSBOARD MEMBER
Trustee or director
1$0
RYAN PETERSONBOARD MEMBER
Trustee or director
1$0
KEISHA SAINCI TO 0324BOARD MEMBER
Trustee or director
1$0
CHARLIE SKEMPBOARD MEMBER
Trustee or director
1$0
LORI THIELENBOARD MEMBER
Trustee or director
1$0
NICK THOMPSON TO 1024BOARD MEMBER
Trustee or director
1$0
LAURA WITTHOEFT MDBOARD MEMBER
Trustee or director
1$0
990 for the year ended December 31, 2023: 29 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
CHAD WOLBERS TO 823BOARD MEMBER & PRESIDENT/CEO
Trustee or director, Officer
40$975,976$0$37,786
BARRY WAACKPHYSICIAN
Highest-paid employee
40$573,664$0$25,765
PHILIP ZIMMERMANPHYSICIAN
Highest-paid employee
40$497,622$0$48,269
THEODORE TOWNSEND JR TO 119BOARD MEMBER & INTERIM PRESIDENT/CEO
Former
0$0$462,474$0
ANTHONY MARKHAMPHYSICIAN
Highest-paid employee
40$419,743$0$36,470
JENNIFER HAVENS FR 1023BOARD MEMBER & MARKET PRES
Trustee or director, Officer
40$87,906$298,614$43,840
CAROL CROSSVP FINANCE
Officer
40$283,717$0$35,801
MARY PETERSCHIEF NURSING OFFICER
Key employee
40$240,863$0$21,367
ALEJANDRO PULIDOPHYSICIAN
Highest-paid employee
40$203,277$0$44,522
BRYAN PECHOUS MDVP MEDICAL AFFIARS
Key employee
40$206,967$0$34,884
CARLA BELKENVP OPERATIONS
Key employee
40$207,200$0$34,558
GREG BROSIUSDIRECTOR OF PHARMACY
Highest-paid employee
40$184,717$0$36,955
BILL ARNOLDBOARD MEMBER
Trustee or director
1$0$14,500$0
KATHY BUHRBOARD MEMBER
Trustee or director
1$0$0$0
ROY BUOLBOARD MEMBER
Trustee or director
1$0$0$0
MARK DICKSONBOARD MEMBER
Trustee or director
1$0$0$0
SUSAN FARBERBOARD VICE CHAIR
Trustee or director, Officer
1$0$0$0
SUE FREEMANBOARD MEMBER
Trustee or director
1$0$0$0
MIKE JANSENBOARD MEMBER
Trustee or director
1$0$0$0
NICOLE JEDLICKA DPMBOARD MEMBER
Trustee or director
1$0$0$0
JASON KNOCKELBOARD MEMBER
Trustee or director
1$0$0$0
KEVIN LYNCHBOARD CHAIR
Trustee or director, Officer
1$0$0$0
KATHLEEN NACOS-BURDSBOARD TREASURER
Trustee or director, Officer
1$0$0$0
RYAN PETERSONBOARD SECRETARY
Trustee or director, Officer
1$0$0$0
KEISHA SAINCIBOARD MEMBER
Trustee or director
1$0$0$0
CHARLIE SKEMPBOARD MEMBER
Trustee or director
1$0$0$0
LORI THIELENBOARD MEMBER
Trustee or director
1$0$0$0
NICK THOMPSONBOARD MEMBER
Trustee or director
1$0$0$0
LAURA WITTHOEFT MDBOARD MEMBER
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
350 N GRANDVIEW AVE, DUBUQUE, IA 52001-6388
Principal officer (990 for 2024)
JENNIFER HAVENS, 350 NORTH GRANDVIEW AVE, DUBUQUE, IA 520016392
Signed the 990
LUCAS HICKS, INTERIM MARKET VP FINANCE
Phone
(563) 582-1881

Mission

THE MISSION OF THE FINLEY HOSPITAL IS TO IMPROVE THE HEALTH OF THE PEOPLE AND COMMUNITIES OF THE TRI-STATE AREA.

990 for the year ended December 31, 2024

Program accomplishments

  • HEALTH-CARE SERVICESTHE FINLEY HOSPITAL IS AN IMPORTANT ELEMENT OF THE HEALTH-CARE DELIVERY SYSTEM THAT THE IOWA, ILLINOIS AND WISCONSIN TRI-STATE AREA COMMUNITIES RELY ON EVERY DAY. IT IS COMMITTED TO PROVIDING QUALITY HEALTH-CARE AND TO USING ITS RESOURCES TO THE GREATEST COMMUNITY BENEFIT. THE FINLEY HOSPITAL PROVIDES INPATIENT AND OUTPATIENT MEDICAL SERVICES TO TREAT INDIVIDUALS WITH DISEASES, ILLNESS AND INJURIES WITH VARYING COMPLEXITIES. IT PROVIDES SERVICES TO IMPROVE THE HEALTH OF PATIENTS AND TO BETTER THEIR QUALITY OF LIFE. ALL SERVICES ARE PROVIDED REGARDLESS OF AN INDIVIDUAL'S RACE, CREED, SEX, NATIONALITY, HANDICAP, AGE OR ABILITY TO COMPENSATE FOR SERVICES RENDERED. THESE INCLUDE, BUT ARE NOT LIMITED TO, GENERAL ACUTE CARE, SURGERIES, HOME HEALTH, INTENSIVE CARE AND CRITICAL CARE, MENTAL HEALTH CARE, CARDIOLOGY, ONCOLOGY, REHABILITATION, BEHAVIORAL DISORDER PROGRAMS, MATERNAL/CHILD CARE, LABORATORY, PALLIATIVE CARE, PHARMACEUTICAL DRUGS, EMERGENCY SERVICES, OUTPATIENT CLINICS, CHECK-UPS AND RADIOLOGY. SOME OF THE SERVICES PROVIDED DO NOT GENERATE ENOUGH INCOME TO OFFSET THEIR COST. IN THE FISCAL PERIOD ENDED DECEMBER 31, 2024, THE FINLEY HOSPITAL DISCHARGED 4,839 PATIENTS RESULTING IN A TOTAL OF 55,006 PATIENT DAYS. TOTAL OUTPATIENT SURGERY REGISTRATIONS FOR THE SAME PERIOD WERE 5,296. THERE WERE ALSO 23,244 EMERGENCY ROOM VISITS.
    Expenses $131,612,286 · grants $545,083 · revenue $153,928,570
  • COMMUNITY BENEFITS, INCLUDING CHARITY CARECHARITY CARE AND MEANS-TESTED PROGRAMS: THE FINLEY HOSPITAL PROVIDES CHARITY CARE AND OTHER MEANS-TESTED PROGRAMS WITH THE GOAL TO IMPROVE THE COMMUNITY'S OVERALL HEALTH AND ACCESS TO CARE. THIS INCLUDES HEALTH-CARE SERVICES REGARDLESS OF THE PATIENT'S INSURANCE COVERAGE OR FINANCIAL STATUS. CHARITY CARE AND PARTIAL TO FULL FINANCIAL ASSISTANCE IS PROVIDED TO PATIENTS ON A CASE-BY-CASE BASIS. CHARITY CARE WAS MADE AVAILABLE AT A COST OF $800,830 IN 2024. IT IS MORE COMMON FOR FINLEY HOSPITAL TO RECEIVE PAYMENTS FROM PAYORS OR PATIENTS THAT ARE LESS THAN IT CHARGES FOR SERVICES. THE FINLEY HOSPITAL PARTICIPATES IN MEDICAID AND OTHER GOVERNMENT-SPONSORED HEALTH-CARE PROGRAMS. THE FINLEY HOSPITAL'S NET COST OF PROVIDING CARE FOR WHICH IT RECEIVES PAYMENT BELOW ITS COST IS $0 FOR 2024. TOTAL CHARITY CARE AND MEANS-TESTED PROGRAMS REPORTED VALUE: $800,830.OTHER BENEFITS: THE FINLEY HOSPITAL PROVIDES SEVERAL OTHER BENEFITS THAT ASSIST THE COMMUNITY. PROGRAMS INCLUDE, BUT ARE NOT LIMITED TO, COMMUNITY HEALTH IMPROVEMENT SERVICES AND COMMUNITY BENEFIT OPERATIONS SUCH AS PREVENTION AND HEALTH SCREENINGS; HEALTH PROFESSIONAL'S EDUCATION; SUBSIDIZED HEALTH SERVICES; RESEARCH, AND CASH AND IN-KIND CONTRIBUTIONS TO COMMUNITY GROUPS. THE FINLEY HOSPITAL COLLABORATES WITH OTHER HOSPITALS, CHURCHES, SCHOOLS, CHAMBERS OF COMMERCE AND DAYCARE CENTERS TO IMPROVE COMMUNITY HEALTH AND EXPAND ACCESS TO HEALTH CARE. THE FINLEY HOSPITAL HAS DEDICATED STAFF TO ASSIST COMMUNITY BENEFIT EFFORTS. TOTAL OTHER BENEFITS REPORTED VALUE: $7,546,614.
    Expenses $8,347,444 · grants $15,000

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
42-0680354
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Hospital or medical research organization
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1945
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E220)
Assets (IRS master file)
$257,278,860
Income (IRS master file)
$182,017,499

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$160,769,081$149,343,754$257,278,860IRS
990-TDecember 2024–––IRS
990December 2023$146,676,465$142,522,539$237,210,189XML
990-TDecember 2023–––IRS
990December 2022$140,385,644$142,967,040$225,096,560IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990December 2018–––IRS
990December 2017–––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 42-0680354).

Questions about THE FINLEY HOSPITAL

What is the EIN of THE FINLEY HOSPITAL?
The employer identification number (EIN) of THE FINLEY HOSPITAL is 42-0680354.
Is THE FINLEY HOSPITAL tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1945.
Are donations to THE FINLEY HOSPITAL tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THE FINLEY HOSPITAL 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 THE FINLEY HOSPITAL 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 THE FINLEY HOSPITAL 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 THE FINLEY HOSPITAL?
The 990 for the year ended December 31, 2024 names JENNIFER HAVENS.
Who are the officers and directors of THE FINLEY HOSPITAL?
The 990 for the year ended December 31, 2024 lists 28 people; 11 received compensation from the organization, the highest $571,357 (BARRY WAACK DO, PHYSICIAN).
How much revenue does THE FINLEY HOSPITAL have?
On its 990 for the year ended December 31, 2024 it reported revenue of $160,769,081, expenses of $149,343,754 and total assets of $257,278,860 at year end.

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