Public Charity

MEMORIAL FOUNDATION OF ALLEN HOSPITAL

MEMORIAL FOUNDATION OF ALLEN HOSPITAL is a Public Charity headquartered in WATERLOO, IA. Financial data from the 2024 filing: $4.2M revenue, $3.1M expenses, $27.5M total assets. 19 publicly reported grants to this organization, totaling roughly $6.1M, appear in IRS filings.

EIN: 421201138 WATERLOO, IA Latest filing: 2024
Total Revenue$4.2M
Total Expenses$3.1M
Total Assets$27.5M
Grant Records19
Funding Total$6.1M
Filing Years2019–2024

Mission

ALLEN FOUNDATION STRENGTHENS THE PROGRAMS, SERVICES AND COMMUNITY RELATIONSHIPS OF ALLEN HEALTH SYSTEM.

Officers & Directors

BOARD SECRETARY Bob Justis
BOARD CHAIR Brian Aronson
BOARD VICE CHAIR Deb Caughron
BOARD MEMBER Helen Melicher
BOARD MEMBER/MARKET PRESIDENT Jennifer Friedly
BOARD MEMBER Julie Ritland

Officer compensation and complete director data available with membership.

Top Grant Purposes

PROGRAM SUPPORT
$5,325,665 6 grants
For grant recipient's exempt purposes
$526,750 2 grants
FOR RECIPIENT'S EXEMPT PURPOSE
$74,750 3 grants
For recipient's exempt purpose
$54,750 1 grant
STROKE EDUCATION & AWARENESS
$40,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $4.2M $3.1M $27.5M
2023 $4.9M $5.3M $24.9M
2022 $5.3M $3.6M $23.4M
2020 $4.8M $2.6M $22.8M
2019 $2.9M $4.7M $19.3M

Between 2019 and 2024, reported annual revenue grew from $2.9M to $4.2M (+44%), with total assets most recently reported at $27.5M.

Interactive year-over-year charts and full filing details available with membership.

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