Compensation 990

Trinity Health Systems Inc.

Fiscal year ending 2024. Filed on November 13, 2025.

802 Kenyon Rd
Fort Dodge, Iowa 50501

Trinity Health Systems Inc. (EIN: 42-1222877) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Trinity Health Systems Inc., a 501(c)(3) charitable organization, reported compensation for 12 employees. Among the employees shown here, the average compensation is $400,969. The highest compensated employee at Trinity Health Systems Inc. is Michael Willerth, M.D. with fiscal year 2024 compensation of $684,246.

Revenue, expenses, and employee compensation

Revenue

$3,875,692

Expenses

$3,979,469

Employee compensation

$3,963,420
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

－5.5%vs 2023
Michael Willerth, M.D.
Board Member
$684,246
$0 from org$640,555 from related$43,691 other
－23.7%vs 2021
Leah Glasgo
Board Member and Market President
$602,275
$508,390 from orgNo related comp$93,885 other
＋6.5%vs 2023
James Roetman
CEO - Pocahontas Community Hospital
$413,161
$367,334 from orgNo related comp$45,827 other
－15.8%vs 2023
Michael Lee, M.D.
Board Member
$409,059
$0 from org$375,801 from related$33,258 other
＋6.1%vs 2023
Steven Colerick
CEO - Buena Vista REG MED CTR
$401,701
$350,279 from orgNo related comp$51,422 other
－4.2%vs 2023
Lincoln Wallace, M.D.
Board Vice Chair
$366,002
$0 from org$310,856 from related$55,146 other
＋22.1%vs 2022
Kari Jones
Market Chief Nursing Officer
$343,701
$288,967 from orgNo related comp$54,734 other
＋0.5%vs 2023
Sarah Marsh
Market Vice President FIN Operations
$327,192
$283,209 from orgNo related comp$43,983 other
＋16.1%vs 2023
Susan Thompson-Ihs Int Ceo To 0221
FMR INT Board MBR and PRES (TO 1/19)
$323,055
$0 from org$323,055 from relatedNo other comp
＋7.5%vs 2023
Michelle Sleiter
CEO - Humboldt County Memorial HOSP
$322,563
$282,362 from orgNo related comp$40,201 other
＋5.9%vs 2023
Matthew Johnson
CEO - Loring Hospital
$320,734
$273,994 from orgNo related comp$46,740 other
New in 2024
Troy Martens To 0322
Former Chief Operating Officer
$297,939
$0 from org$263,070 from related$34,869 other

Non-Employee Board Members

＋100%vs 2023
Debra Johnson
Board Member
$14,500
$0 from org$14,500 from relatedNo other comp
Chris Frideres
Board Secretary and Treasurer
No compensation reported
New in 2024
Jill Nelson To 1024
Board Member
No compensation reported
Mike Frischmeyer
Board Member
No compensation reported
Charles Clayton
Board Member
No compensation reported
Neven Conrad
Board Chair
No compensation reported
Keith Kolacia
Board Member
No compensation reported

Mission Statement

TO IMPROVE THE HEALTH OF THE CITIZENS OF OUR COMMUNITIES AND REGIONS BY PROVIDING QUALITY HEALTHCARE IN AN EFFICIENT AND COST-EFFECTIVE MANNER.

Revisions to this organization profile

November 13, 2025:
2024 Trinity Health Systems Inc. 990 filed
November 14, 2024:
2023 Trinity Health Systems Inc. 990 filed
November 14, 2023:
2022 Trinity Health Systems Inc. 990 filed

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