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 797 of 1033 by CEO pay.

Sioux Center Health

Cory Nelson, CEO. Fiscal year ending 2025-06.

$368,120
CEO total compensation
Form 990 Part VII, columns D+E+F
0.36%
of expenses spent on charity care
Schedule H Part I line 7a
138.4%
CEO pay as a share of all charity care
In the most recent filing year, Cory Nelson’s reported compensation was $368,120. The system’s charity care for the same year was $266,000. One person’s reported compensation was 1.4 times what the system gave to every patient who could not pay.

§1The filing

Total revenue
$77,643,709
Total expenses
$73,656,289
Net assets
$54,972,068
Employees
764
Hospitals covered
1 facilities across 1 filing
Charity care, net
$266,000
Bad debt
$966,729
Medicare surplus (shortfall), as filed
($97,176)
CEO pay from the organization (Part VII col. D)
$322,538
From related organizations (col. E)
$0
Other compensation, including deferred pay and nontaxable benefits (col. F)
$45,582
CEO total compensation (D+E+F)
$368,120 to Cory Nelson

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, Sioux Center Health, EIN 42-0796764, 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)$5.4M Of which charity care to patients who could not pay (line 7a)$266,000 (5%)

The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($966,729) 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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Sioux Center Health: CEO pay $368,120, charity care 0.36% of expenses