Skip to main content

Nonprofit · EIN 42-1454737

GRINNELL REGIONAL MEDICAL CENTER FOUNDATION

Tax-exempt · GRINNELL, IA 50112

Financials

$914K$497K2023$1.1M$666K2024
Revenue Expenses · by fiscal year end
Financials of GRINNELL REGIONAL MEDICAL CENTER FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,126,353$666,152$460,201$8,177,839$234,879$7,942,960
December 31, 2023990$913,767$496,500$417,267$7,644,249$232,452$7,411,797
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$790,667
Program service revenue
$0
Investment income
$310,381
Net rental income
$25,305
Net gain from sales of assets
$166,036
Other revenue
$25,305

Expenses

Grants and similar amounts paid
$488,394
Other salaries and wages
$94,880
Salaries, compensation and benefits (total)
$119,541
Professional fundraising fees
$0
Travel
$844
Depreciation
$6,703
Program services (functional)
$488,394
Management and general (functional)
$50,840
Fundraising (functional)
$126,918

Balance sheet and other

Total assets, start of year
$7,644,249
Total assets, end of year
$8,177,839
Total liabilities, end of year
$234,879
Net assets, end of year
$7,942,960
Land, buildings and equipment
$134,059
Publicly traded securities
$6,010,620
Net assets without donor restrictions
$564,533
Net assets with donor restrictions
$7,378,427
Gross receipts
$1,772,883
Employees
0
Volunteers
10
Year formed
1995
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.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
JENNIFER HAVENSFRMR CEO (TO 10/23)
Former
0$0$395,490$71,871
DAVID-PAUL CAVAZOSBOARD MEMBER/CEO (FR 06/24)
Trustee or director, Officer
1$0$208,507$26,578
KYLE WILCOXVP FINANCE (TO 04/24)
Officer
1$0$93,624$9,841
DAVID CRANSTON MDBOARD MEMBER (TO 09/24)
Trustee or director
1$0$0$0
DENNIS DAYBOARD TREASURER/SECRETARY
Trustee or director, Officer
1$0$0$0
DAWN DISNEY-BRUGGEMANBOARD CHAIR
Trustee or director, Officer
1$0$0$0
SHANE HARTBOARD MEMBER
Trustee or director
1$0$0$0
LAURA MANATTBOARD MEMBER
Trustee or director
1$0$0$0
MICHAEL MCKEAGBOARD MEMBER
Trustee or director
1$0$0$0
JEFF MENARYBOARD MEMBER
Trustee or director
1$0$0$0
BILL MENNERBOARD MEMBER
Trustee or director
1$0$0$0
CHAD NATHBOARD MEMBER
Trustee or director
1$0$0$0
SHANNON REDINGBOARD VICE CHAIR
Trustee or director, Officer
1$0$0$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
JENNIFER HAVENSBOARD MEMBER/CEO (TO 10/23)
Trustee or director, Officer
1$0$386,520$0
KYLE WILCOXVP FINANCE
Officer
1$0$212,462$25,030
DAVID CRANSTON MDBOARD MEMBER
Trustee or director
1$0$0$0
DENNIS DAYBOARD SECRETARY/TREASURER
Trustee or director, Officer
1$0$0$0
DAWN DISNEY-BRUGGEMANBOARD MEMBER
Trustee or director
1$0$0$0
LAURA MANATTBOARD MEMBER
Trustee or director
1$0$0$0
MICHAEL MCKEAGBOARD MEMBER
Trustee or director
1$0$0$0
JEFF MENARYBOARD MEMBER
Trustee or director
1$0$0$0
BILL MENNERBOARD MEMBER
Trustee or director
1$0$0$0
CHAD NATHBOARD MEMBER
Trustee or director
1$0$0$0
DEBBY POHLSONBOARD CHAIR
Trustee or director, Officer
1$0$0$0
SHANNON REDINGBOARD VICE CHAIR
Trustee or director, Officer
1$0$0$0

Address and contacts

Address (IRS master file)
210 4TH AVE, GRINNELL, IA 50112-1898
In care of
% TODD C LINDEN
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

TO SUPPORT GRINNELL REGIONAL MEDICAL CENTER AND COMMUNITY HEALTHCARE.

990 for the year ended December 31, 2024

Program accomplishments

  • THE GRINNELL REGIONAL MEDICAL CENTER FOUNDATION PROVIDES VALUABLE GUIDANCE AND LEADERSHIP FOR THE GRINNELL REGIONAL MEDICAL CENTER'S (GRMC) FUNDRAISING EFFORTS. THE FOUNDATION MANAGES THE ENDOWMENT AND MAKES LOANS TO GRMC TO ENABLE GRMC TO PURCHASE NEEDED MEDICAL EQUIPMENT. THE FOUNDATION ALSO ADMINISTERS THE CHARITABLE GIFT ANNUITY PROGRAM.
    Expenses $488,394 · grants $488,394

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
42-1454737
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
1996
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E110)
Assets (IRS master file)
$8,177,839
Income (IRS master file)
$1,772,883

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,126,353$666,152$8,177,839IRS
990December 2023$913,767$496,500$7,644,249XML
990December 2022$1,427,220$313,573$6,687,459IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 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 42-1454737).

Questions about GRINNELL REGIONAL MEDICAL CENTER FOUNDATION

What is the EIN of GRINNELL REGIONAL MEDICAL CENTER FOUNDATION?
The employer identification number (EIN) of GRINNELL REGIONAL MEDICAL CENTER FOUNDATION is 42-1454737.
Is GRINNELL REGIONAL MEDICAL CENTER FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
Are donations to GRINNELL REGIONAL MEDICAL CENTER FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does GRINNELL REGIONAL MEDICAL CENTER 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 GRINNELL REGIONAL MEDICAL CENTER FOUNDATION 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 FOUNDATION 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 FOUNDATION?
The 990 for the year ended December 31, 2024 names DAVID-PAUL CAVAZOS.
Who are the officers and directors of GRINNELL REGIONAL MEDICAL CENTER FOUNDATION?
The 990 for the year ended December 31, 2024 lists 13 people; 0 received compensation from the organization.
How much revenue does GRINNELL REGIONAL MEDICAL CENTER FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,126,353, expenses of $666,152 and total assets of $8,177,839 at year end.

Other nonprofits in GRINNELL

All nonprofits in GRINNELL · Iowa · Health care