TOTAL REVENUE - FISCAL 2025
$15,554,309
Up 6.6% from $14,584,532 in fiscal 2024.
Cedar Valley Hospice Inc
Waterloo, Iowa - EIN 42-1135294 - Latest filing: fiscal 2025 (Jan 1, 2025 - Dec 31, 2025)
HOW TO READ THIS PAGE
How to read this page: every figure below is from the fiscal-2025 Form 990, filed Jun 11, 2026. People named below are shown as reported on the fiscal-2025 Form 990, filed Jun 11, 2026 - the filing is a snapshot of that fiscal year, not a list of current officeholders.
THE FILING IN ONE PARAGRAPH
Cedar Valley Hospice Inc reported $15,554,309 in revenue and $15,950,208 in expenses in fiscal 2025, a deficit of $395,899 for the year. Program services took $12,292,627 of expenses, or 77.1%. The organization closed the year with $16,446,205 in net assets - about 12.4 months of expenses at the fiscal-2025 spending level.
At a Glance - Fiscal 2025
All values are fiscal 2025 unless a tile says otherwise.
TOTAL EXPENSES - FISCAL 2025
$15,950,208
Revenue minus expenses: -$395,899 in fiscal 2025.
PROGRAM EXPENSE SHARE - FISCAL 2025
77.1%
$12,292,627 of $15,950,208 went to program services.
NET ASSETS - END OF FISCAL 2025
$16,446,205
Total assets $18,377,735 minus total liabilities $1,931,530.
TOP EXECUTIVE PAY - FISCAL 2025
$310,746
Michaela Vandersee, Chief Executive Officer, as reported on the fiscal-2025 Form 990, filed Jun 11, 2026. Total across all compensation columns.
PEOPLE REPORTED - FISCAL 2025
144 Employees
Plus 277 volunteers reported on the fiscal-2025 Form 990.
Money In, Money Out - Fiscal 2025
Revenue and expenses as reported on the fiscal-2025 Form 990, filed Jun 11, 2026. Donated goods are separated from cash so food and supply donations do not read as cash income.
Where the Money Went - Fiscal 2025
Management and general is the figure reported on the filing (Part IX total); where a filing does not carry it, it is computed as the residual of total expenses minus program and fundraising expenses. Cost to raise a dollar in fiscal 2025: $0.14 - $297,665 in fundraising expenses divided by $2,063,867 in total contributions. On cash contributions only: $0.15.
Where the Money Came From - Fiscal 2025
| Source | Fiscal 2025 |
|---|---|
| Total Contributions | $2,063,867 |
| Of Which Cash Contributions | $1,965,424 |
| Of Which Donated Goods (Noncash) | $98,443 |
| Fundraising Events | $60,405 |
| Government Grants | $504,546 |
| All Other Contributions | $1,498,916 |
| Program Service Revenue | $12,853,840 |
| Investment Income | $590,283 |
| Other Revenue | $46,319 |
| Total Revenue (All Sources) | $15,554,309 |
Reserves and Balance Sheet - Fiscal 2025
Reserves and Runway
12.4 Months
of reserves - $16,446,205 in net assets at the end of fiscal 2025, divided by average monthly expenses of about $1,329,184 in fiscal 2025.
Net assets can include donor-restricted funds, buildings and other assets that cannot be spent like cash. Treat months of reserves as a scale measure, not as cash in the bank.
Balance Sheet - End of Fiscal 2025
| Total Assets | $18,377,735 |
| Total Liabilities | $1,931,530 |
| Liabilities as Share of Assets | 10.5% |
| Net Assets | $16,446,205 |
Leadership Pay - Fiscal 2025
Pay is the summed total across all compensation columns on the Form 990 - pay from the organization, pay from related organizations, and other compensation. People are shown as reported on the fiscal-2025 Form 990, filed Jun 11, 2026.
| Name and Title, as Reported | Total Pay - Fiscal 2025 | Share of Expenses |
|---|---|---|
| Michaela Vandersee - Chief Executive Officer | $310,746 | 1.95% |
| Tracy Rucker - Director Of Finance (End Dec 2025) | $181,351 | 1.14% |
| Katie Unland - Chief People Officer | $180,501 | 1.13% |
| Eric Wehr - It & Property Manager | $161,345 | 1.01% |
| Deb Card - Hospice Home & Education M | $160,870 | 1.01% |
| Dr John Zehr - Medical Director | $154,532 | 0.97% |
| Erica Jensen - Nurse Practitioner Supervisor | $150,996 | 0.95% |
The full Part VII table lists every officer, director, trustee and key employee named on the filing, with hours and the same summed total. Compensation is reported for the calendar year ending within the fiscal year, per the Form 990.
Board and Governance - Fiscal 2025
Board and policy answers as reported on the fiscal-2025 Form 990, filed Jun 11, 2026.
Board Roster - as Reported on the Fiscal-2025 Form 990
13 voting members, 13 independent - independence count as reported on the fiscal-2025 Form 990.
| Name, as Reported | Role, as Reported |
|---|---|
| Michaela Vandersee | Chief Executive Officer |
| Tracy Rucker | Director Of Finance (End Dec 2025) |
| Katie Unland | Chief People Officer |
| Eric Wehr | It & Property Manager |
| Deb Card | Hospice Home & Education M |
| Dr John Zehr | Medical Director |
| Erica Jensen | Nurse Practitioner Supervisor |
| Bryan Earnest | President |
| Vicki Parsons | Vice President |
| Michelle Steffe | Treasurer/secretary |
| Craig Coffman | Director |
| Rick Morris | Director |
| Bryan Burton | Director |
| Candy Steele | Director |
| Carolyn Ayers | Director |
| Tammy Acuff | Director |
| Tracie Spencer | Director |
| Mary Ingamells | Director |
| Kim Krizek | Director |
| Kyle Rasmussen | Director |
| Deb Burger | Secretary (End May 2025) |
| Lisa Wall | Director (End July 2025) |
| Dr John Ingram | Director (End Sept 2025) |
Governance Policy Flags - Fiscal 2025
Conflict of Interest PolicyYes - Reported
Whistleblower PolicyYes - Reported
Document Retention PolicyYes - Reported
Audited Financial StatementsYes - Reported
Audit CommitteeYes - Reported
Board Size and Independence13 voting / 13 independent
Flags report what the organization answered on the Form 990. A Yes means the policy was reported on the filing; it is not an outside review of how the policy works in practice.
Grants - Fiscal 2025
Grants Made - Fiscal 2025
This organization reported $223,342 in grants paid in fiscal 2025.
Trend - Revenue
Years are shown only where a filing is held. Missing years are absent, never filled in.
| Fiscal Year | Revenue | Change |
|---|---|---|
| Fiscal 2024 (Prior-Year Column on the Fiscal-2025 Filing) | $14,584,532 | - |
| Fiscal 2025 | $15,554,309 | +6.6% |
This table grows to a 10-year view (revenue, expenses, net assets and top pay) as earlier filings for this organization are added to the record. Missing years are absent, never filled in.
Filings on Record
| Tax Period | Form | Status | Source |
|---|---|---|---|
| Jan 1, 2025 - Dec 31, 2025 | Form 990 | In Force - Filed Jun 11, 2026 | Original Filing at the IRS |
If an amended return is filed, the newest amended return supersedes the earlier one and the table marks which filing is in force.