IRS Form 990 · EIN 42-1418132

Loring Hospital

Sac City, IA 50583-2424 · Tax year 2023

NTEE E22Specialty Hospital

$18.4M

Total revenue

$16.7M

Total expenses

$1.7M

Net income

9.2%

Operating margin

Financial summary

Hospital-specific data — what the org reports to defend tax-exempt status

Compared to 15 organizations with NTEE E22 in IA

Avg revenue (peers)

$288.9M

This org:$18.4M

Avg net income (peers)

$578K

This org:$1.7M

Avg top exec comp (peers)

$422K

This org (highest):$202K

17 officers + key employees reported on Schedule J

Name	Title	Hours/wk	Base comp	Total comp
PEGGY MUNGER	PHARMACIST	40	$176K	$202K
TREVOR TOFT	CFO	40	$138K	$161K
NICOLE WUNSCHEL	CHIEF CLINICAL OFFICER	40	$118K	$138K
MICHAEL ERAL	IT DIRECTOR	40	$112K	$137K
LUISA CHING	PHYSICAL THERAPIST	40	$112K	$137K
RUSS DAVIS	DIRECTOR	1	—	—
MIKE GREEN	DIRECTOR	1	—	—
EVAN HECHT	DIRECTOR	1	—	—
FRANK RICHARDSON	CHAIR	1	—	—
KODI BROTHERSON	DIRECTOR	1	—	—
WENDY HURD	DIRECTOR	1	—	—
MATTHEW D JOHNSON	CONTRACT CEO	40	—	—
DR ZOLTON PEK	DIRECTOR	1	—	—
ANDY MEREDITH	VICE-CHAIR	1	—	—
SHELLY CRUMP	TREASURER	1	—	—
TANCY BECKER	SECRETARY	1	—	—
KAY BLESSINGTON	DIRECTOR	1	—	—

Revenue and net income trend across all available filings

RevenueNet income

Year	Revenue	Expenses	Net income	Assets
2023	$18.4M	$16.7M	$1.7M	$28.1M
2022	$18.2M	$15.9M	$2.3M	$27.5M
2021	$18.7M	$14.3M	$4.5M	$29.3M
2020	$15.0M	$13.0M	$2.0M	$28.6M
2019	$14.7M	$13.1M	$1.6M	$21.0M
2018	$13.6M	$12.5M	$1.1M	$20.1M
2017	$12.6M	$12.1M	$526K	$19.9M
2016	$11.7M	$12.0M	$-280K	$20.3M
2015	$13.4M	$12.2M	$1.2M	$21.2M
2014	$12.0M	$12.8M	$-171K	$21.0M

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