Nonprofit · EIN 42-0933383
GRINNELL REGIONAL MEDICAL CENTER
Tax-exempt · GRINNELL, IA 50112
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $71,535,639 | $67,401,809 | $4,133,830 | $36,235,501 | $20,605,203 | $15,630,298 |
| December 31, 2023 | 990 | $64,403,190 | $64,105,249 | $297,941 | $32,982,535 | $21,486,925 | $11,495,610 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $2,026,260
- of which government grants
- $1,081,747
- Program service revenue
- $67,988,235
- Investment income
- $126,184
- Net gain from sales of assets
- $29,398
- Other revenue
- $1,394,960
Expenses
- Grants and similar amounts paid
- $504,440
- Compensation of officers, directors and key employees
- $604,256
- Other salaries and wages
- $33,729,584
- Salaries, compensation and benefits (total)
- $41,450,784
- Professional fundraising fees
- $0
- Legal fees
- $130,153
- Occupancy
- $1,680,294
- Travel
- $183,255
- Depreciation
- $1,773,497
- Program services (functional)
- $64,070,509
- Management and general (functional)
- $3,331,300
Balance sheet and other
- Total assets, start of year
- $32,982,535
- Total assets, end of year
- $36,235,501
- Total liabilities, end of year
- $20,605,203
- Net assets, end of year
- $15,630,298
- Land, buildings and equipment
- $12,169,963
- Publicly traded securities
- $3,758,787
- Net assets without donor restrictions
- $15,583,770
- Net assets with donor restrictions
- $46,528
- Gross unrelated business income
- $450,856
- Gross receipts
- $71,535,639
- Employees
- 426
- Volunteers
- 8
- Year formed
- 1967
- State of legal domicile
- IA
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 |
|---|---|---|---|---|---|
| JON ROZENFELD BOARD MEMBER | MARKET PRESIDENT (FR 01/24) Trustee or director | 1 | $0 | $536,925 | $88,339 |
| SID RAMSEY BOARD MEMBERVP | MARKETING & BUS DEV-C (TO 06/24) Trustee or director | 1 | $0 | $446,539 | $32,342 |
| JENNIFER HAVENS | FRMR CEO (TO 10/23) Former | 0 | $0 | $395,490 | $71,871 |
| SCOTT DOYLE CRNA ARNP | ANESTHESIOLOGY Highest-paid employee | 40 | $303,389 | $0 | $38,486 |
| LISA BISHOP DO | BOARD MEMBER Trustee or director | 1 | $0 | $275,628 | $47,489 |
| STEPHEN ELLESTAD DO | PHYSICIAN Highest-paid employee | 40 | $299,761 | $0 | $15,778 |
| KATHRYN OGBURN CRNA RN ARNP | ANESTHESIOLOGY Highest-paid employee | 40 | $282,446 | $0 | $26,337 |
| JACOB BOYER PA-C | BOARD MEMBER Trustee or director | 40 | $222,515 | $0 | $33,741 |
| LAURA JUEL | VP NURSING & CLINICAL SERV Key employee | 40 | $198,638 | $0 | $45,897 |
| PROCTOR LUREMAN | INTERIM RURAL PRESIDENT (TO 06/24) Officer | 1 | $0 | $218,818 | $16,537 |
| DAVID-PAUL CAVAZOS BOARD | MEMBER/RURAL PRESIDENT (FR 06/24) Trustee or director, Officer | 1 | $0 | $208,507 | $26,578 |
| KRISTIN PHELPS PA-C | FAMILY MEDICINE Highest-paid employee | 40 | $170,328 | $0 | $29,272 |
| JARROD PHELPS PA-C | GENERAL SURGERY Highest-paid employee | 40 | $166,033 | $0 | $8,501 |
| KYLE WILCOX | VP FINANCE (TO 04/24) Officer | 40 | $93,624 | $0 | $9,841 |
| DARWIN COPEMAN | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
8 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RACHAEL KINNICK | BOARD CHAIR ELECT Trustee or director, Officer | 1 | $0 |
| SALLY LANG | BOARD TREASURER Trustee or director, Officer | 1 | $0 |
| AL MALY | BOARD MEMBER Trustee or director | 1 | $0 |
| AMY MILLER | BOARD MEMBER Trustee or director | 1 | $0 |
| HENRY MORISADA RIETZ PHD | BOARD SECRETARY Trustee or director, Officer | 1 | $0 |
| SARAH SMITH | BOARD MEMBER Trustee or director | 1 | $0 |
| TRACI SMITH | BOARD MEMBER Trustee or director | 1 | $0 |
| DOUGLAS VAN DAELE MD FACS | BOARD MEMBER (TO 09/24) Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 22 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DAVID STARK | BOARD MEMBER/CEO-CIHC Trustee or director, Officer | 1 | $0 | $1,041,723 | $91,854 |
| SID RAMSEY BOARD MEMBERVP | MARKETING & BUSINESS DEV-C Trustee or director | 1 | $0 | $448,415 | $40,043 |
| JENNIFER HAVENS | BOARD MEMBER/CEO (TO 10/23) Trustee or director, Officer | 40 | $0 | $386,520 | $43,840 |
| SCOTT DOYLE CRNA ARNP | ANESTHESIOLOGY Highest-paid employee | 40 | $302,969 | $0 | $35,984 |
| STEPHEN ELLESTAD DO | PHYSICIAN Highest-paid employee | 40 | $306,561 | $0 | $16,118 |
| KATHRYN OGBURN CRNA | ANESTHESIOLOGY Highest-paid employee | 40 | $267,233 | $0 | $24,755 |
| KYLE WILCOX | VP FINANCE Officer | 40 | $212,462 | $0 | $25,030 |
| JACOB BOYER PA-C | BOARD MEMBER Trustee or director | 40 | $220,557 | $0 | $11,296 |
| LAURA JUEL | VP NURSING & CLINICAL SERV Key employee | 40 | $181,434 | $0 | $42,888 |
| KRISTIN PHELPS PA-C | FAMILY MEDICINE Highest-paid employee | 40 | $164,014 | $0 | $30,813 |
| CLAYTON FRANCIS MD | PHYSICIAN Highest-paid employee | 40 | $161,710 | $0 | $8,622 |
| PEGGY BROWN | BOARD MEMBER (TO 10/23) Trustee or director | 1 | $0 | $0 | $0 |
| DARWIN COPEMEN | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| RYAN DAHLBY ALBRIGHT MD | BOARD MEMBER (TO 11/23) Trustee or director | 1 | $0 | $0 | $0 |
| RACHEL KINNICK | BOARD CHAIR ELECT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| SALLY LANG | BOARD TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ALY MALY | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| AMY MILLER | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| HENRY MORISADA RIETZ PHD | BOARD SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| SARAH SMITH | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| TRACI SMITH | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| DOUGLAS VAN DAELE MD FACS | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 210 4TH AVE, GRINNELL, IA 50112-1898
- Principal officer (990 for 2024)
- DAVID-PAUL CAVAZOS, 210 FOURTH AVENUE, GRINNELL, IA 50112
- Signed the 990
- PATRICIA ALLEN, MARKET CFO
- Phone
- (641) 236-7511
Mission
GRINNELL REGIONAL MEDICAL CENTER'S MISSION IS DEDICATION TO HEALTH CARE FOR LIFE THROUGH GENUINE CARE AND COMPASSION FOR THE HEALTH AND WELL-BEING OF PATIENTS, FAMILIES AND THE COMMUNITIES GRINNELL REGIONAL MEDICAL CENTER IS PRIVILEGED TO SERVE, RESPONSIVENESS TO BALANCING COMMUNITY NEEDS WITH AVAILABLE RESOURCES, MARVELOUS PEOPLE MAKING A DIFFERENCE THROUGH QUALITY CARE AND SERVICE EXCELLENCE EVERY DAY AND COMMITMENT TO PROMOTING WELLNESS, RESTORING HEALTH AND ENHANCING THE QUALITY OF LIFE WE SERVE.
Program accomplishments
- HEALTH-CARE SERVICESGRINNELL REGIONAL MEDICAL CENTER IS AN IMPORTANT ELEMENT OF THE HEALTH-CARE DELIVERY SYSTEM THAT THE GRINNELL COMMUNITIES RELY ON EVERY DAY. IT IS COMMITTED TO PROVIDING QUALITY HEALTH CARE AND TO USING ITS RESOURCES TO THE GREATEST COMMUNITY BENEFIT. GRINNELL REGIONAL MEDICAL CENTER PROVIDES INPATIENT AND OUTPATIENT MEDICAL SERVICES TO TREAT INDIVIDUALS WITH DISEASES, ILLNESS AND INJURIES WITH VARYING COMPLEXITIES. IT PROVIDES SERVICES TO IMPROVE THE HEALTH OF PATIENTS AND TO BETTER THEIR QUALITY OF LIFE. ALL SERVICES ARE PROVIDED REGARDLESS OF AN INDIVIDUAL'S RACE, CREED, SEX, NATIONALITY, HANDICAP, AGE OR ABILITY TO COMPENSATE FOR SERVICES RENDERED. THESE INCLUDE, BUT ARE NOT LIMITED TO, GENERAL ACUTE CARE, SURGERIES, INTENSIVE CARE AND CRITICAL CARE, CARDIOLOGY, ONCOLOGY, MATERNAL/CHILD CARE, PALLIATIVE CARE, EMERGENCY SERVICES AND OUTPATIENT CLINICS. SOME OF THE SERVICES PROVIDED DO NOT GENERATE ENOUGH INCOME TO OFFSET THEIR COST. IN THE FISCAL PERIOD ENDED DECEMBER 31, 2024, GRINNELL REGIONAL MEDICAL CENTER PROVIDED 4,403 DAYS OF ACUTE CARE, 557 DAYS OF SKILLED NURSING CARE AND 411 NURSERY DAYS.Expenses $60,423,692 · grants $504,440 · revenue $69,382,273
- 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 $3,646,817
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
- 42-0933383
- 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
- 1997
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E220)
- Assets (IRS master file)
- $36,235,501
- Income (IRS master file)
- $71,535,639
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $71,535,639 | $67,401,809 | $36,235,501 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $64,403,190 | $64,105,249 | $32,982,535 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $62,426,887 | $63,157,388 | $29,996,972 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
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 42-0933383).
Questions about GRINNELL REGIONAL MEDICAL CENTER
- What is the EIN of GRINNELL REGIONAL MEDICAL CENTER?
- The employer identification number (EIN) of GRINNELL REGIONAL MEDICAL CENTER is 42-0933383.
- Is GRINNELL REGIONAL MEDICAL CENTER tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
- Are donations to GRINNELL REGIONAL MEDICAL CENTER tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GRINNELL 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 GRINNELL 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 GRINNELL 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 GRINNELL REGIONAL MEDICAL CENTER?
- The 990 for the year ended December 31, 2024 names DAVID-PAUL CAVAZOS.
- Who are the officers and directors of GRINNELL REGIONAL MEDICAL CENTER?
- The 990 for the year ended December 31, 2024 lists 23 people; 8 received compensation from the organization.
- How much revenue does GRINNELL REGIONAL MEDICAL CENTER have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $71,535,639, expenses of $67,401,809 and total assets of $36,235,501 at year end.
Other nonprofits in GRINNELL
- GRINNELL REGIONAL MEDICAL CENTER FOUNDATION EIN 42-1454737 · last filed 990 for 2024
- MASONS LIGHT HOUSE EIN 87-3354019 · last filed 990-EZ for 2025
- ST FRANCIS MANOR FOUNDATION EIN 26-2179671 · last filed 990 for 2025
- IOWA OPTOMETRIC ASSISTANCE ASSOCIATION INC EIN 59-3807535 · last filed 990-EZ for 2025
- SULLY HEALTH FOUNDATION INC EIN 42-1379873 · last filed 990-N for 2025
- THE TRUSTEES OF GRINNELL COLLEGE EIN 42-0680387 · last filed 990 for 2025
- GRINNELL COLLEGE MEDICAL BENEFIT PLAN TRUST AGREEMENT EIN 42-1371997 · last filed 990 for 2025
- ST FRANCIS MANOR INC EIN 42-1056708 · last filed 990 for 2025