GRINNELL REGIONAL MEDICAL CENTER

GRINNELL REGIONAL MEDICAL CENTER

Grinnell, IA, US
501(c)3
EIN
42-0933383
Hospital
Regional Funder

GRINNELL REGIONAL MEDICAL CENTER

Grinnell, IA, US
501(c)3
EIN
42-0933383
Hospital
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$71,535,639

Program Services
95%
Other
3%
Government Grants
2%
Contributions
<1%
Investments
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$67,401,809

Salaries & Benefits
61%
Fees to Service Providers
17%
Other
15%
Offices, Occupancy & IT
4%
Depreciation
3%
Grants
<1%
Advertising & Promotion
<1%
Interest
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$5,000
$495,282
+9806%
Government Grants
$713,000
$1,081,747
+52%
Fundraising Events
$0
$0
-
Program Services
$62,233,099
$67,988,235
+9%
Membership Dues
$0
$0
-
Investments
-$10,086
$96,786
-1060%
Other
$1,462,177
$1,873,589
+28%
Total Revenues
$64,403,190
$71,535,639
+11%
Expenses
2023
2024
Change
Grants
$442,064
$504,440
+14%
Benefits to Members
$0
$0
-
Salaries & Benefits
$39,870,592
$41,382,890
+4%
Fees to Service Providers
$10,065,003
$11,177,471
+11%
Advertising & Promotion
$147,243
$133,171
-10%
Offices, Occupancy & IT
$2,180,913
$2,535,321
+16%
Interest
$64,344
$37,936
-41%
Depreciation
$1,822,529
$1,773,497
-3%
Other
$9,512,561
$9,857,083
+4%
Total Expenses
$64,105,249
$67,401,809
+5%
Net income
2023
2024
Change
Net income
+$297,941
+$4,133,830
+1287%
Functional Expenses
Summary
2023
2024
Change
Program
$58,826,672
$64,070,509
+9%
Admin
$5,278,577
$3,331,300
-37%
Fundraising
$0
$0
-
Total Expenses
$64,105,249
$67,401,809
+5%
Income Statement
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