Finley Health Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE FINLEY HEALTH FOUNDATION PROVIDES FINANCIAL SUPPORT TO THE FINLEY HOSPITAL AND THE DUBUQUE VISITING NURSE ASSOCIATION VIA ONGOING FUNDRAISING ACTIVITIES THROUGH THE CULTIVATION AND SOLICITATION OF GIFTS FROM PRIVATE INDIVIDUALS AND FAMILIES, AREA CORPORATIONS, FOUNDATIONS AND GOVERNMENT ENTITIES THAT CAN BE USED TO SUPPORT OPERATIONS, CLINICAL PROGRAMS AND MAJOR CAPITAL PROJECTS.
- Income
- $2.0 million
- Spending
- $1.4 million
- Spent on programs
- 59%
- Reserves
- 51.2 months of spending
- Largest source of income
- donations and private grants, 59%
- Employees
- 0
- Volunteers
- 15
- Highest pay
- $467,361, board member & president/ceo
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 83 out of 100. Higher than 62% of charities in its peer group (health care, $1m to $10m).
Reserves
35 of 35Spendable reserves would cover 51.2 months of spending.
Debt
20 of 20It owes 1% of what it owns.
Living within its means
15 of 15Income exceeded spending by 29% of income.
Income trend
5 of 15Income fell 12% on the year before.
Spending floor
8 of 1559% of spending went to programs and raising each dollar of donations cost 31 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 67% of charities in its peer group (health care, $1m to $10m).
Independent board
25 of 2515 of 16 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $844,938 spent. GRANTS, ALLOCATIONS, AND PROGRAM SUPPORTTHE FINLEY HEALTH FOUNDATION INC'S PURPOSE IS TO RAISE FUNDS TO MAINTAIN, DEVELOP, INCREASE AND EXTEND THE FACILITIES AND SERVICES OF THE FINLEY HOSPITAL AND DUBUQUE VISITING NURSE ASSOCIATION IN DUBUQUE IOWA, AND TO PROVIDE BROADER HOSPITAL, MEDICAL AND EDUCATIONAL SERVICE OPPORTUNITIES TO ITS PATIENTS, STUDENTS, STAFF, FACULTY AND RESIDENTS OF THE GEOGRAPHICAL AREA IT SERVES. IT SUPPORTS THE MISSIONS OF FINLEY TRI-STATES HEALTH GROUP, INC. AND ITS SUBSIDIARIES BY RAISING FINANCIAL CONTRIBUTIONS AND INVESTING THE PROCEEDS.THE GRANT, ALLOCATIONS AND PROGRAM SUPPORT SERVICES MAY INCLUDE:-CONTRIBUTIONS TO THE FINLEY HOSPITAL AND/OR DUBUQUE VISITING NURSE ASSOCIATION FOR EQUIPMENT PURCHASES, TO OFFSET OPERATING EXPENSES AND MISCELLANEOUS.-SCHOLARSHIPS AND/OR LECTURESHIPS AWARDED TO INDIVIDUALS ASSOCIATED WITH THE FINLEY HOSPITAL (KRITZ AND KEARNEY NURSING SCHOLARSHIPS).-MISCELLANEOUS GRANTS AND CONTRIBUTIONS TO ORGANIZATIONS AND/OR INDIVIDUALS ASSOCIATED WITH THE FINLEY HOSPITAL (HEINEN FUNDS).
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since April 1987.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Could it be confused with another charity? Worth knowing.
A much larger organization has a similar name: Foundation Health LLC (Fairbanks, AK), EIN 81-3021580. If that is the one you meant, check the EIN before giving.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.