Des Moines University Osteopathic Medical Center

Organization Overview

Des Moines University Osteopathic Medical Center, operating under the name Des Moines University, is located in Des Moines, IA. The organization was established in 1959. According to its NTEE Classification (B50) the organization is classified as: Graduate & Professional Schools, under the broad grouping of Education and related organizations. As of 06/2022, Des Moines University employed 1,107 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Des Moines University is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Des Moines University generated $87.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $69.8m during the year ending 06/2021. While expenses have increased by 2.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO IMPROVE LIVES IN OUR GLOBAL COMMUNITY BY EDUCATING DIVERSE GROUPS OF HIGHLY COMPETENT AND COMPASSIONATE HEALTH PROFESSIONALS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE UNIVERSITY PROVIDED HEALTH SCIENCE EDUCATION SERVICES TO AN ENROLLMENT OF 1,562 STUDENTS DURING THE FISCAL YEAR ENDED 6/30/22. THE UNIVERSITY COMPRISES THREE COLLEGES OFFERING NINE GRADUATE DEGREE PROGRAMS AND ADDITIONAL EDUCATION OPPORTUNITIES WHICH ALL SHARE A COLLECTIVE STRENGTH, WHICH IS A COLLABORATIVE CAMPUS COMMUNITY WHERE STUDENTS AND FACULTY COME TOGETHER IN THE PURSUIT OF KNOWLEDGE. THE PROGRAMS SHARE A SINGULAR MISSION, WHICH IS TO DEVELOP DISTINCTIVE HEALTH PROFESSIONALS COMMITTED TO HEALTH PROMOTION, THE DISCOVERY OF KNOWLEDGE AND SERVICE TO THE COMMUNITY. THE UNIVERSITY PROVIDES STUDENTS WITH THE KNOWLEDGE AND SKILLS NEEDED TO BECOME HEALTH CARE PROFESSIONALS DEDICATED TO MAINTAINING AND RESTORING THE HEALTH OF THEIR PATIENTS. CLASSROOM INSTRUCTION AND CLINICAL TRAINING, WHICH IS ORGANIZED ON A NATIONAL LEVEL AND AT THE UNIVERSITY'S CLINIC, ARE PRESENTED IN AN ATMOSPHERE WHERE HUMANITARIAN CONCERNS, SCHOLARLY ACTIVITY AND HEALTH CARE DELIVERY SUPPORT THE PRIMARY PURPOSE OF TEACHING AND LEARNING.


THE UNIVERSITY HOUSES A MULTI-SPECIALTY MEDICAL CLINIC PROVIDING BOTH CLINICAL TRAINING FOR STUDENTS AND HIGH QUALITY, COST EFFICIENT PATIENT CARE. THE MULTI-SPECIALTY FACULTY GROUP CONSISTING OF 28 PHYSICIANS AND NON-PHYSICIAN PROFESSIONAL PROVIDERS PERFORMED SERVICES FOR OVER 32,000 PATIENT VISITS, INCLUDING TELEHEALTH VISITS DURING THE COVID-19 PANDEMIC RESPONSE, ACROSS 5 SPECIALTIES. CLINIC STAFF AND PROVIDERS WORK AT COMMUNITY WELLNESS PROGRAMS AND HEALTH FAIRS SUCH AS PROVIDING SCHOOL PHYSICALS AND VACCINATIONS FREE OF CHARGE TO UNDERSERVED POPULATIONS. THE UNIVERSITY'S CLINIC SERVES THE GROWING IMMIGRANT AND REFUGEE POPULATION. IN THE LAST FISCAL YEAR THE UNIVERSITY'S CLINIC PROVIDED OVER 1,000 PATIENT APPOINTMENTS FOR PATIENTS REQUIRING AN INTERPRETER, INCLUDING NEARLY 500 REFUGEE PHYSICALS AND FOLLOW-UP APPOINTMENTS. THE UNIVERSITY'S CLINIC PROVIDED OVER $8,000 IN FREE OR DISCOUNTED HEALTH CARE TO ELIGIBLE PATIENTS THROUGH ITS FINANCIAL ASSISTANCE POLICY AND SELF PAY DISCOUNTS, PROVIDES RENT-FREE SPACE TO THE SENIOR HEALTH INSURANCE PROGRAM (SHIP) THROUGH WHICH OVER 200 SENIORS WERE SERVED, AND ALSO SERVES MEDICARE AND MEDICAID PATIENTS TO BENEFIT THE COMMUNITY IT SERVES. THE UNIVERSITY ACTS AS A LOCAL, STATE AND NATIONAL SOURCE FOR PRIMARY CARE PHYSICIANS AND ASSOCIATED HEALTH CARE PROVIDERS. IN RESPONSE TO THE COVID-19 PANDEMIC, THE CLINIC PROVIDED 650 VACCINES AND HANDED OUT OVER 5,000 MASKS TO PATIENTS AND VISITORS TO THE CLINIC.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Rdg Ia Inc
Consulting Services
$7,533,578
Ug2 Llc
Facilities Management
$2,938,347
Turner Construction
Construction Services
$45,789,736
Graham Construction Company
Construction Services
$676,017
Formation Group Inc
Consulting Services
$565,782
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$4,802,521
Investment income $4,819,051
Tax Exempt Bond Proceeds $0
Royalties $571
Net Rental Income $81,796
Net Gain/Loss on Asset Sales $7,991,715
Net Income from Fundraising Events -$20,597
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $87,558,866

Grants Recieved

Over the last fiscal year, we have identified 8 grants that Des Moines University Osteopathic Medical Center has recieved totaling $133,694.

Awarding OrganizationAmount
Schwab Charitable Fund

San Francisco, CA

PURPOSE: EDUCATION

$28,800
Quad Cities Community Foundation

Bettendorf, IA

PURPOSE: ANNUAL GRANT FOR SCHOLARSHIPS FOR OSTEOPATHIC MEDICAL STUDENTS

$26,200
Partners Of The Americas Inc

Washington, DC

PURPOSE: STUDENT SCHOLARSHIP GRANT

$26,175
Delta Dental Of Iowa Foundation

Johnston, IA

PURPOSE: FUNDING FOR A HEALTH ASSESSMENT TO BETTER ILLUMINATE ORAL, MENTAL, AND VISION HEALTH DISPARITIES AMONG LGBTQ IOWANS.

$25,000
Community Fdn Of Greater Des Moines

Des Moines, IA

PURPOSE: GRANT DISTRIBUTION FOR THE SCIENCE BUILDING

$15,000
Community Fdn Of Greater Des Moines

Des Moines, IA

PURPOSE: GRANT DISTRIBUTION

$6,250
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$97,752,366
Earnings-$16,453,110
Admin Expense$499,061
Net Contributions$2,033,217
Other Expense$6,032,798
Grants$1,178,593
Ending Balance$75,622,021

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