Nonprofit · EIN 35-2621082
GRAND ISLAND REGIONAL MEDICAL CENTER
Tax-exempt · LINCOLN, NE 68506
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $86,812,666 | $89,317,248 | -$2,504,582 | $60,435,125 | $132,982,847 | -$72,547,722 |
| December 31, 2023 | 990 | $67,810,497 | $82,924,006 | -$15,113,509 | $62,612,794 | $132,655,934 | -$70,043,140 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,903,178
- of which government grants
- $1,489,431
- Program service revenue
- $85,005,187
- Investment income
- -$437,556
- Net gain from sales of assets
- -$445,797
- Other revenue
- $341,857
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $790,182
- Other salaries and wages
- $26,749,452
- Salaries, compensation and benefits (total)
- $34,688,827
- Professional fundraising fees
- $0
- Accounting fees
- $88,314
- Occupancy
- $8,006,748
- Travel
- $84,514
- Depreciation
- $4,696,500
- Program services (functional)
- $71,732,286
- Management and general (functional)
- $17,584,962
Balance sheet and other
- Total assets, start of year
- $62,612,794
- Total assets, end of year
- $60,435,125
- Total liabilities, end of year
- $132,982,847
- Net assets, end of year
- -$72,547,722
- Land, buildings and equipment
- $3,364,618
- Net assets without donor restrictions
- -$72,547,722
- Gross receipts
- $87,287,628
- Employees
- 497
- Volunteers
- 11
- Year formed
- 2017
- State of legal domicile
- NE
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| RUSSELL GRONEWOLD | DIRECTOR Trustee or director | 1 | $0 | $1,727,304 | $50,173 |
| JOHN WOODRICH | DIRECTOR Trustee or director | 1 | $0 | $1,259,719 | $43,212 |
| CORY OHLSON MD | PHYSICIAN Highest-paid employee | 50 | $771,022 | $0 | $54,828 |
| DAVID RUNNING MD | PHYSICIAN Highest-paid employee | 50 | $565,621 | $0 | $32,492 |
| JEFF BURWELL MD | PHYSICIAN Highest-paid employee | 50 | $522,508 | $0 | $40,963 |
| TERRY ROUNSBORG MD | PHYSICIAN Highest-paid employee | 50 | $512,540 | $0 | $36,421 |
| NATHAN WALTERS MD | PHYSICIAN Highest-paid employee | 50 | $483,327 | $0 | $26,690 |
| RYAN CROUCH DO | CHAIR Trustee or director, Officer | 1 | $0 | $449,460 | $17,958 |
| ANDREW WATERMAN | CEO - GRAND ISLAND REGIONAL MEDICAL CENTER Officer | 50 | $343,621 | $0 | $13,644 |
| DERICK LORENTZ | CFO - TRANSFERRED BRYAN HOSPITAL KEARNEY 10/24/2024 Officer | 40 | $208,807 | $53,415 | $53,963 |
| TRACY SCHMITT | CFO - EFFECTIVE 10/24/2024 Officer | 50 | $157,610 | $0 | $22,018 |
| CINDY JOHNSON | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| LUKE BIGGS | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ERIC BARBER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| GREG SEXTRO MD | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
4 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KRISTA STOEKER MD | DIRECTOR Trustee or director | 1 | $0 |
| MOLLY JOHNSON MD | DIRECTOR Trustee or director | 1 | $0 |
| TERESA GRABOWSKI | DIRECTOR Trustee or director | 1 | $0 |
| TOM WERNER MD | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 19 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| RUSSELL GRONEWOLD | CHAIRPERSON Trustee or director, Officer | 1 | $0 | $1,558,096 | $44,823 |
| JOHN WOODRICH | DIRECTOR Trustee or director | 2 | $0 | $1,146,873 | $41,681 |
| BRANT LUEBBE MD | PHYSICIAN Trustee or director | 5 | $0 | $931,660 | $51,559 |
| CORY OHLSON MD | PHYSICIAN Highest-paid employee | 50 | $735,791 | $0 | $40,462 |
| TERRY ROUNSBORG | PHYSICIAN Highest-paid employee | 50 | $530,017 | $0 | $27,585 |
| DAVID RUNNING | PHYSICIAN Highest-paid employee | 50 | $533,706 | $0 | $16,713 |
| LARRY SPEICHER | President/CEO Grand Island Regional Medical Center (VACATED 9/15/2023) Former | 50 | $445,954 | $51,003 | $41,201 |
| TRINA STONEHAM MD | PHYSICIAN Highest-paid employee | 50 | $518,141 | $0 | $15,034 |
| JEFF BURWELL | PHYSICIAN Highest-paid employee | 50 | $485,292 | $0 | $29,310 |
| RYAN CROUCH DO | SECRETARY-TREASURER Trustee or director, Officer | 2 | $0 | $374,479 | $18,858 |
| ANDREW WATERMAN | President/CEO Grand Island Regional Medical Center (Start 9/16/2023) Officer | 50 | $189,447 | $34,999 | $5,416 |
| DERICK LORENTZ | CFO/GRAND ISLAND REGIONAL MEDICAL CENTER (EFFECTIVE 7/17/2023) Officer | 50 | $93,165 | $0 | $18,823 |
| ERIC BARBER | VICE CHAIRPERSON Trustee or director, Officer | 1 | $0 | $0 | $0 |
| CINDY JOHNSON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JENNIFER BROWN MD | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MOLLY JOHNSON MD | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| REV LUKE BIGGS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| TERESA GRABOWSKI | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| TOM WERNER MD | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1600 S 48TH ST, LINCOLN, NE 68506-1227
- In care of
- % MANAGEMENT ACCOUNTING
- Mailing address (990-N for 2019)
- 1600 S 48th St, Lincoln NE 68506
- Principal officer (990 for 2024)
- ANDREW WATERMAN, 3533 Prairieview St, Grand Island, NE 68803
- Principal officer (990-N for 2019)
- LARRY SPEICHER, 1600 S 48th St, Lincoln NE 68506
- Signed the 990
- ANDREW WATERMAN, CEO
- Phone
- (402) 481-8966
- Website
- GIREGIONAL.ORG
- Return prepared by
- Forvis Mazars LLP
Mission
GRAND ISLAND REGIONAL MEDICAL CENTER ("GIRMC") IS DEDICATED TO IMPROVING HEALTH THROUGH THE EMPOWERMENT OF THE COMMUNITY AND OUR HEALTHCARE TEAM.
Program accomplishments
- GRAND ISLAND REGIONAL MEDICAL CENTER BECAME MEDICARE CERTIFIED ON AUGUST 1, 2020 ALLOWING THE HOSPITAL TO BEGIN ACCEPTING PATIENTS. THE EMERGENCY DEPARTMENT BEGAN SEEING PATIENTS AS OF NOVEMBER 2, 2020, AND THE FIRST SURGICAL CASE WAS PERFORMED IN THE SUMMER OF 2020. GRAND ISLAND REGIONAL MEDICAL CENTER IS PART OF BRYAN HEALTH, ONE OF THE LARGEST NON-PROFIT HEALTH CARE ORGANIZATIONS IN THE REGION AND IS COMMITTED TO PROVIDING HEALTH CARE SERVICES FOR THOSE IN NEED REGARDLESS OF THEIR ABILITY TO PAY. IN 2024, GRAND ISLAND REGIONAL MEDICAL CENTER PROVIDED HEALTHCARE SERVICES TO THE GENERAL PUBLIC AND OPERATED ROUTINE SERVICE BEDS, ICU BEDS TOTALING OVER 9,793 PATIENT DAYS, 14,942 OUTPATIENT VISITS INCLUDING EMERGENCY ROOM VISITS OF 11,314 AND 451 DELIVERIES. THE HOSPITAL PROVIDED CHARITY CARE TO 1,113 PATIENTS IN THE AMOUNT OF $2,643,425.Expenses $71,732,286 · revenue $85,005,187
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 35-2621082
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Hospital or medical research organization
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2020
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E20)
- Assets (IRS master file)
- $60,435,125
- Income (IRS master file)
- $87,287,628
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $86,812,666 | $89,317,248 | $60,435,125 | XML |
| 990 | December 2023 | $67,810,497 | $82,924,006 | $62,612,794 | XML |
| 990 | December 2022 | $54,330,898 | $75,007,534 | $104,091,864 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-N for 2019 Officer: LARRY SPEICHER | December 31, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 35-2621082).
Questions about GRAND ISLAND REGIONAL MEDICAL CENTER
- What is the EIN of GRAND ISLAND REGIONAL MEDICAL CENTER?
- The employer identification number (EIN) of GRAND ISLAND REGIONAL MEDICAL CENTER is 35-2621082.
- Is GRAND ISLAND REGIONAL MEDICAL CENTER tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to GRAND ISLAND REGIONAL MEDICAL CENTER tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GRAND ISLAND REGIONAL MEDICAL CENTER file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of GRAND ISLAND REGIONAL MEDICAL CENTER due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GRAND ISLAND REGIONAL MEDICAL CENTER last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of GRAND ISLAND REGIONAL MEDICAL CENTER?
- The 990 for the year ended December 31, 2024 names ANDREW WATERMAN.
- Who are the officers and directors of GRAND ISLAND REGIONAL MEDICAL CENTER?
- The 990 for the year ended December 31, 2024 lists 19 people; 8 received compensation from the organization.
- How much revenue does GRAND ISLAND REGIONAL MEDICAL CENTER have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $86,812,666, expenses of $89,317,248 and total assets of $60,435,125 at year end.
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