Official Seal, Everything Is Broken (2026)

Everything Is Broken

Report No. 1 · Nonprofit Hospital Executive Pay vs Charity Care · Annual Report, 2026 edition

Iowa · Ranked 638 of 1033 by CEO pay.

Henry County Health Center

Teresa Colgan, CEO. Fiscal year ending 2025-06.

$553,203
CEO total compensation
Form 990 Part VII, columns D+E+F
0.32%
of expenses spent on charity care
Schedule H Part I line 7a
237.7%
CEO pay as a share of all charity care
In the most recent filing year, Teresa Colgan’s reported compensation was $553,203. The system’s charity care for the same year was $232,778. One person’s reported compensation was 2.4 times what the system gave to every patient who could not pay.

Most of the reported compensation ($503,277 of $553,203) came from a related organization (Part VII column E) and was reported on this filing.

§1The filing

Total revenue
$70,038,470
Total expenses
$73,749,001
Net assets
$13,715,320
Employees
0
Hospitals covered
1 facilities across 1 filing
Charity care, net
$232,778
Bad debt
$3,592,125
Medicare surplus (shortfall), as filed
($231,853)
CEO pay from the organization (Part VII col. D)
$0
From related organizations (col. E)
$503,277
Other compensation, including deferred pay and nontaxable benefits (col. F)
$49,926
CEO total compensation (D+E+F)
$553,203 to Teresa Colgan

Medicare surplus (shortfall) is Schedule H Part III line 7: Medicare revenue minus the cost of Medicare care. A figure in parentheses is a shortfall. Like bad debt, it is not community benefit on the IRS form.

Source: Form 990, Henry County Health Center, EIN 86-2701018, fiscal year ending 2025-06, as published by the IRS. CEO identification: ceo title.

§2Community benefit versus charity care

What the system reported as total community benefit (Schedule H line 7k)$271,899 Of which charity care to patients who could not pay (line 7a)$232,778 (86%)

The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($3.6M) and Medicare shortfall are reported separately by the IRS and are not community benefit on the form.

Every number on this page was copied from the filing linked above. If a figure is wrong, send the filing that contradicts it and the correction runs at the top of this page.

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Henry County Health Center: CEO pay $553,203, charity care 0.32% of expenses