NonprofitsGrinnell Regional Medical Center

Health Care

Grinnell Regional Medical Center

GRINNELL, IA

Total revenue

$71.5M

Total expenses

$67.4M

Net assets

$15.6M

Grants received

$1.5M

19 grants

EIN

420933383

Tax year

2024

Mission

To treat, heal and care for the sick and disabled.

Programs

1 program

Charity care, means-tested programs and other community benefitscharity care and means-tested programs: grinnell regional medical center provides charity care and other means-tested programs with the goal to improve the community's overall health and access to care. This includes health-care services regardless of the patient's insurance coverage or financial status. Charity care and partial to full financial assistance is provided to patients on a case-by-case basis. Charity care was made available at a value of $230,075 in 2024. Oftentimes, grinnell regional medical center receives payments from payors or patients that are less than it charges for services. Grinnell regional medical center participates in medicaid and other government-sponsored health-care programs. Other benefits: grinnell regional medical center provides several other benefits that assist the community. Programs include, but are not limited to, community health improvement services and community benefit operations such as prevention and health screenings; subsidized health services; research, and in-kind contributions to community groups. Grinnell regional medical center collaborates with other hospitals, churches, schools, chambers of commerce and daycare centers to improve community health and expand access to health care. Grinnell regional medical center has dedicated staff to assist community benefit efforts. Total net other benefits reported value: $3,416,742.

Expenses: $3.6M

Financials

FY 2024

Revenue

Contributions & grants$2.0M
Program service revenue$68.0M
Investment income$126K
Other revenue$1.4M
Total revenue$71.5M

Expenses

Grants paid$504K
Salaries & benefits$41.5M
Fundraising
Other expenses$25.4M
Total expenses$67.4M
Total assets$36.2M
Net assets$15.6M

People

23 listed

NameRoleCompensation

JACOB BOYER PA-C

BOARD MEMBER

Board

$223K

40 hrs/wk

KYLE WILCOX

VP FINANCE (TO 04/24)

Board

$94K

40 hrs/wk

HENRY MORISADA RIETZ PHD

BOARD SECRETARY

Board

1 hrs/wk

JON ROZENFELD BOARD MEMBER

MARKET PRESIDENT (FR 01/24)

Board

1 hrs/wk

SARAH SMITH

BOARD MEMBER

Board

1 hrs/wk

TRACI SMITH

BOARD MEMBER

Board

1 hrs/wk

DOUGLAS VAN DAELE MD FACS

BOARD MEMBER (TO 09/24)

Board

1 hrs/wk

PROCTOR LUREMAN

INTERIM RURAL PRESIDENT (TO 06/24)

Board

1 hrs/wk

LISA BISHOP DO

BOARD MEMBER

Board

1 hrs/wk

DARWIN COPEMAN

BOARD CHAIR

Board

1 hrs/wk

DAVID-PAUL CAVAZOS BOARD

MEMBER/RURAL PRESIDENT (FR 06/24)

Board

1 hrs/wk

RACHAEL KINNICK

BOARD CHAIR ELECT

Board

1 hrs/wk

SALLY LANG

BOARD TREASURER

Board

1 hrs/wk

AL MALY

BOARD MEMBER

Board

1 hrs/wk

AMY MILLER

BOARD MEMBER

Board

1 hrs/wk

SID RAMSEY BOARD MEMBERVP

MARKETING & BUS DEV-C (TO 06/24)

Board

1 hrs/wk

SCOTT DOYLE CRNA ARNP

ANESTHESIOLOGY

Staff

$303K

40 hrs/wk

STEPHEN ELLESTAD DO

PHYSICIAN

Staff

$300K

40 hrs/wk

KATHRYN OGBURN CRNA RN ARNP

ANESTHESIOLOGY

Staff

$282K

40 hrs/wk

LAURA JUEL

VP NURSING & CLINICAL SERV

Staff

$199K

40 hrs/wk

KRISTIN PHELPS PA-C

FAMILY MEDICINE

Staff

$170K

40 hrs/wk

JARROD PHELPS PA-C

GENERAL SURGERY

Staff

$166K

40 hrs/wk

JENNIFER HAVENS

FRMR CEO (TO 10/23)

Staff

0

Independent contractors

MAHMOD F EL-TAYASH MD

HEALTHCARE SERVICES

$829K

AMN HEALTHCARE

STAFFING SERVICES

$693K

DES MOINES ORTHOPAEDIC SURGEON

HEALTHCARE SERVICES

$609K

ELIZABETH TIGGES DO FACOG

HEALTHCARE SERVICES

$595K

ANNA MENSING MD

HEALTHCARE SERVICES

$535K

Grants received

Showing 19 of 19

FromAmountPurposeYear
$449K
PROGRAM SUPPORT
2024
$30K
GRINNELL MENTAL HEALTH ACCESS EXPANSION
2024
$25K
GRMC LABOR & DELIVERY UNIT EXPANSION
2024
$291K
PROGRAM SUPPORT
2023
$25K
GENERAL SUPPORT
2023
$19K
operations and ob expansion
2023
$105K
PROGRAM ASSISTANCE
2022
$30K
GENERAL SUPPORT
2022
$10K
CHARITABLE
2022
$9K
Improvements & Operations
2022
$10K
Multi Year Pledge-5th of 5 years
2021
$10K
Maternal Health Care Project-Grant
2021
$356K
PROGRAM ASSISTANCE
2020
$20K
Mulit-year pledge 4th of 5 years Covid-19 Crisis Fund
2020
$14K
PROGRAM SUPPORT
2020
$13K
Post Partum Home Visits
2020
$10K
GENERAL SUPPORT
2019
$7K
Post Partum Home Visits
2019
$26K
General support of hospital
2018

Funded by

$1.5M from 9 funders · 19 grants · 2018–2024

Grinnell Regional Medical Center

$1.2M · 4 grants · 2020–2024

The Trustees Of Grinnell College

$65K · 3 grants · 2019–2023

Greater Poweshiek Community Foundation

$48K · 4 grants · 2019–2023

Grinnell Mutual Group Foundation

$40K · 3 grants · 2020–2021

Delta Dental Of Iowa Foundation

$30K · 1 grant · 2024

Myrtle Cass Trust

$26K · 1 grant · 2018

Grinnell Regional Medical Center

$14K · 1 grant · 2020

Details

EIN420933383
NTEE codeE220
Subsection03
Ruling date1997-05
Formed1967
Employees426
Volunteers8
GRINNELL REGIONAL MEDICAL CENTER — Mission, Financials & Grants Received | Grantivo