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Iowa · Nonprofit

CARE INITIATIVES

CARE INITIATIVES (Iowa) receives grants from 4 organizations whose IRS filings report $8,625 to it, the largest being Greater Poweshiek Community Foundation ($8,000). 0 of them have funded it in more than one year, and 93% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$272M
Funders on record
4
Grants received
$9k
Net assets
$75M
0/4 repeat funderspeak grant-dependency 0%
01What it does

What Care Initiatives does

Mission

Improving quality of life for iowans and their families during life's health transitions through compassionate individualized care.

As stated on its FY2024 Form 990.

Program

  1. During 2024, Care Initiatives provided services to a daily average of 2,269 individuals in 43 skilled nursing care locations, two assisted living locations and seven independent living locations. Care Initiatives provides quality health care, at the lowest possible cost to our residents and patients. Services provided include lodging, nutritious meals, assistance with activities of daily living, engaging activities to maintain the highest physical and mental quality of life attainable. Additional services include occupational, speech and physical therapy, outpatient therapy services, skilled nursing care, senior living apartments and assisted living locations. In addition, Care Initiatives has initiated a program of rehab to home care to provide individuals the opportunity to safely return to their homes. In addition, Care Initiatives provides limited outpatient therapy services in the communities it serves.during 2024, Care Initiatives also provided hospice services to a daily average of 376 patients through seven hospice locations. Care Initiatives hospice provides coordinated care with compassion, respect and dignity to patients and their families experiencing serious illness…

    $243,620,609 spentof which $63,639 as grants$269,692,180 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $243,620,609.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($194M) Expenses 100 ($193M) Net assets 100 ($73M)2018 Revenue 97 ($189M) Expenses 98 ($189M) Net assets 99 ($73M)2019 Revenue 99 ($193M) Expenses 99 ($191M) Net assets 101 ($74M)2020 Revenue 110 ($213M) Expenses 107 ($207M) Net assets 110 ($81M)2021 Revenue 116 ($224M) Expenses 115 ($221M) Net assets 113 ($83M)2022 Revenue 123 ($238M) Expenses 132 ($254M) Net assets 90 ($66M)2023 Revenue 135 ($261M) Expenses 136 ($262M) Net assets 91 ($67M)2024 Revenue 140 ($272M) Expenses 138 ($265M) Net assets 102 ($75M)
'17'18'19'20'21'22'23'24
Revenue (140)Expenses (138)Net assets (102)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2017 to 2018, from $200M to $189M (−5%).

$200M
$189M
$183M
$190M
$187M
$178M
$173M
$174M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 9% · 2021 4% · 2022 0% · 2023 0% · 2024 0%. Grants only. Government contracts and fees sit inside program revenue.

0% of CARE INITIATIVES’s revenue is contributions — about as donation-reliant as the typical peer (1% for the typical peer).

This organization
Typical peer · 2,211 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.

$868k
’17
−$75k
’18
$1.3M
’19
$5.8M
’20
$2.7M
’21
−$17M
’22
−$733k
’23
$6.5M
’24
1.7
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Denise Sturm

Chair

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed1518171516161917
Joined·+5+2+2+7+3+7+4
No longer listed·2346346
03Who funds it

Who funds it, year by year

2020 → 2021: the base held at 1 funder, grant income fell $8k → $25.

1 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 93% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $1.2M from one payer (the payer shares this organization's board, largest Iowa Health Care Association Foundation). These are real filings, and they are not money CARE INITIATIVES raised.

From the IRS filings of CARE INITIATIVES’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

CARE INITIATIVES leans on a few funders — its largest provides 93% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

93% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund CARE INITIATIVES.

93%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2020 100% · 2021 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

93% of CARE INITIATIVES's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $625 that is directly attributable, 96% of it comes from funders outside Iowa, across 3 states.

MT
IA
CA

Funder states come from each funder’s own filing. $8k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

CARE INITIATIVES is better cushioned than half of the 2,075 health nonprofits its size.

Operating margin2% · below the median
Months of reserve1.7mo · above the median
Revenue growth (annualized)5% · below the median

this organization peer median middle 50% of peers· 2,075 health nonprofits over $100M, FY2024

Government funding CARE INITIATIVES receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $33.8M on record.

Federal$33.8M
grants $0contracts $33.8M
17
18
19
20
21
22
23
24
25
Top agencies
  • Department of Veterans Affairs$33.8M

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like CARE INITIATIVES

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Iowa

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

92% of spending goes to programs.

Program 92%Management 8%Fundraising 0%

Governance

8
board members
88%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Part of a family of 8 related entities

  • Odebolt Living LLC · disregarded
  • Dunlap Living LLC · disregarded
  • Lamoni Living LLC · disregarded
  • Panora Living LLC · disregarded
  • Ci Healthcare LLC · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for CARE INITIATIVES: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds CARE INITIATIVES?
CARE INITIATIVES (Iowa) receives grants from 4 organizations whose IRS filings report $8,625 to it, the largest being Greater Poweshiek Community Foundation ($8,000). 0 of them have funded it in more than one year, and 93% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does CARE INITIATIVES have?
IRS filings report 4 organizations giving $8,625 in grants to CARE INITIATIVES.
Who is the largest funder of CARE INITIATIVES?
Greater Poweshiek Community Foundation is the largest funder on record, with $8,000 in grants. The full list of funders is on this page.
How can an organization like CARE INITIATIVES find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Iowa. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 4 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing