Nonprofit · EIN 42-1345788
GRUNDY COUNTY MEMORIAL HOSPITAL FOUNDATION
Tax-exempt · GRUNDY CENTER, IA 50638
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,157,349 | $1,113,038 | $44,311 | $2,478,534 | $0 | $2,478,534 |
| June 30, 2024 | 990 | $619,173 | $525,217 | $93,956 | $2,417,456 | $0 | $2,417,456 |
| June 30, 2023 | 990 | $1,167,883 | $280,448 | $887,435 | $2,259,918 | $0 | $2,259,918 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,116,392
- Program service revenue
- $0
- Investment income
- $95,848
- Net income from fundraising events
- -$54,891
- Other revenue
- -$54,891
Expenses
- Grants and similar amounts paid
- $1,040,971
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $1,085,275
- Management and general (functional)
- $27,763
Balance sheet and other
- Total assets, start of year
- $2,417,456
- Total assets, end of year
- $2,478,534
- Total liabilities, end of year
- $0
- Net assets, end of year
- $2,478,534
- Publicly traded securities
- $987,976
- Gross receipts
- $1,220,920
- Employees
- 0
- Volunteers
- 65
- Year formed
- 1990
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ADAM SCHERLING | MEMBER; GCMH ADMINISTRATOR Trustee or director, Officer | 1 | $235,189 | $32,643 |
| LISA ZINKULA | GCMH CONTROLLER; ACTING TREASURER Officer | 1 | $214,841 | $36,104 |
| AMY SWANSON HAAN | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| KYLE RASMUSSEN | VICE PRESIDENT AND TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| RUTH WILCOX | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| TIM COOPER | MEMBER Trustee or director | 0.2 | $0 | $0 |
| MARY DOAK | MEMBER Trustee or director | 0.2 | $0 | $0 |
| JAN EHRIG | MEMBER Trustee or director | 0.2 | $0 | $0 |
| JANE LINNERBRINK | MEMBER Trustee or director | 0.2 | $0 | $0 |
| BEV MEESTER | MEMBER Trustee or director | 0.2 | $0 | $0 |
| TONI NEDERHOFF | MEMBER Trustee or director | 0.2 | $0 | $0 |
| RHONDA DETERS | MEMBER Trustee or director | 0.2 | $0 | $0 |
| CINDY SIMMS | MEMBER Trustee or director | 0.2 | $0 | $0 |
| RICK SMITH | MEMBER Trustee or director | 0.2 | $0 | $0 |
| ABBY WESSEL | MEMBER Trustee or director | 0.2 | $0 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MINDY WHITEHILL | MEMBER Trustee or director | 0.2 | $0 |
| MARY ZIMMERMAN | MEMBER Trustee or director | 0.2 | $0 |
990 for the year ended June 30, 2024: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ADAM SCHERLING | MEMBER; GCMH ADMINISTRATOR Trustee or director, Officer | 1 | $223,153 | $25,062 |
| LISA ZINKULA | GCMH CONTROLLER Officer | 1 | $211,736 | $23,901 |
| AMY SWANSON HAAN | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| KYLE RASMUSSEN | VICE PRESIDENT AND TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| RUTH WILCOX | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| JODY ANDERSON | MEMBER Trustee or director | 0.2 | $0 | $0 |
| MARY DOAK | MEMBER Trustee or director | 0.2 | $0 | $0 |
| JAN EHRIG | MEMBER Trustee or director | 0.2 | $0 | $0 |
| JANE LINNERBRINK | MEMBER Trustee or director | 0.2 | $0 | $0 |
| BEV MEESTER | MEMBER Trustee or director | 0.2 | $0 | $0 |
| TONI NEDERHOFF | MEMBER Trustee or director | 0.2 | $0 | $0 |
| CINDY SIMMS | MEMBER Trustee or director | 0.2 | $0 | $0 |
| RICK SMITH | MEMBER Trustee or director | 0.2 | $0 | $0 |
| ABBY WESSEL | MEMBER Trustee or director | 0.2 | $0 | $0 |
| MINDY WHITEHILL | MEMBER Trustee or director | 0.2 | $0 | $0 |
| MARY ZIMMERMANN | MEMBER Trustee or director | 0.2 | $0 | $0 |
990 for the year ended June 30, 2023: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LISA ZINKULA | GCMH CONTROLLER Officer | 1 | $187,982 | $35,965 |
| ADAM SCHERLING | MEMBER; GCMH ADMINISTRATOR Trustee or director, Officer | 1 | $196,853 | $18,865 |
| MARY ZIMMERMANN | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| AMY SWANSON HAAN | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| TONI NEDERHOFF | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| KYLE RASMUSSEN | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| MARY DOAK | MEMBER Trustee or director | 0.2 | $0 | $0 |
| JAN EHRIG | MEMBER Trustee or director | 0.2 | $0 | $0 |
| RICK SMITH | MEMBER Trustee or director | 0.2 | $0 | $0 |
| CINDY SIMMS | MEMBER Trustee or director | 0.2 | $0 | $0 |
| JODY ANDERSON | MEMBER Trustee or director | 0.2 | $0 | $0 |
| ABBY WESSEL | MEMBER Trustee or director | 0.2 | $0 | $0 |
| MINDY WHITEHILL | MEMBER Trustee or director | 0.2 | $0 | $0 |
| BEV MEESTER | MEMBER Trustee or director | 0.2 | $0 | $0 |
| RUTH WILCOX | MEMBER Trustee or director | 0.2 | $0 | $0 |
| JANE LINNERBRINK | MEMBER Trustee or director | 0.2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 201 E J AVE, GRUNDY CENTER, IA 50638-2028
- In care of
- %GRUNDY COUNTY MEMORIAL HOSPITAL
- Principal officer (990 for 2024)
- ADAM SCHERLING, 201 EAST J AVENUE, GRUNDY CENTER, IA 50638
- Signed the 990
- ADAM SCHERLING, PRESIDENT
- Phone
- (319) 824-5421
- Return prepared by
- EIDE BAILLY LLP
Mission
TO CULTIVATE RELATIONSHIPS AND GIFTS TO SUPPORT GRUNDY COUNTY MEMORIAL HOSPITAL'S VISION OF BEST OUTCOME FOR EVERY PATIENT EVERY TIME.
Program accomplishments
- TO PROVIDE GRUNDY COUNTY MEMORIAL HOSPITAL WITH ADDITIONAL FINANCIAL RESOURCES TO HELP CARRY OUT ITS WORK AND TO IMPROVE STAFFING, EQUIPMENT AND FACILITY RESOURCES.Expenses $1,085,275 · grants $1,040,971
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 42-1345788
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1990
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $2,478,534
- Income (IRS master file)
- $1,220,920
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,157,349 | $1,113,038 | $2,478,534 | XML |
| 990 | June 2024 | $619,173 | $525,217 | $2,417,456 | XML |
| 990 | June 2023 | $1,167,883 | $280,448 | $2,259,918 | XML |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | 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 42-1345788).
Questions about GRUNDY COUNTY MEMORIAL HOSPITAL FOUNDATION
- What is the EIN of GRUNDY COUNTY MEMORIAL HOSPITAL FOUNDATION?
- The employer identification number (EIN) of GRUNDY COUNTY MEMORIAL HOSPITAL FOUNDATION is 42-1345788.
- Is GRUNDY COUNTY MEMORIAL HOSPITAL FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
- Are donations to GRUNDY COUNTY MEMORIAL HOSPITAL FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GRUNDY COUNTY MEMORIAL HOSPITAL FOUNDATION 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 GRUNDY COUNTY MEMORIAL HOSPITAL FOUNDATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GRUNDY COUNTY MEMORIAL HOSPITAL FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of GRUNDY COUNTY MEMORIAL HOSPITAL FOUNDATION?
- The 990 for the year ended June 30, 2025 names ADAM SCHERLING.
- Who are the officers and directors of GRUNDY COUNTY MEMORIAL HOSPITAL FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 17 people; 2 received compensation from the organization, the highest $235,189 (ADAM SCHERLING, MEMBER; GCMH ADMINISTRATOR).
- How much revenue does GRUNDY COUNTY MEMORIAL HOSPITAL FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,157,349, expenses of $1,113,038 and total assets of $2,478,534 at year end.
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