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Filing year 2024

Grand Itasca Clinic and Hospital

Grand Rapids, Minnesota·EIN 41-1865874·NTEE E20Z · Health Care·501(c)(3)
Total revenue
$140.2M
Total assets
$104.9M
Total expenses
$132.9M
Reported officers
26
Mission

Provide quality, accessible, and valuable health care services via a hospital, home health agency, and clinic to the surrounding rural community.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 16 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Health Care organizations in Minnesota.

Physician
Highest Compensated Employee
75th to 90th percentile
$700k
$753k
Base
$613k
Bonus
$23k
Other
$11k
Benefits
$21k
Physician
Highest Compensated Employee
75th to 90th percentile
$696k
$748k
Base
$543k
Bonus
$104k
Other
$3k
Benefits
$25k
Physician
Highest Compensated Employee
75th to 90th percentile
$646k
$695k
Base
$569k
Bonus
$11k
Other
$11k
Benefits
$35k
Physician
Highest Compensated Employee
75th to 90th percentile
$621k
$668k
Base
$479k
Bonus
$12k
Other
$87k
Benefits
$22k
Physician
Highest Compensated Employee
75th to 90th percentile
$558k
$601k
Base
$469k
Bonus
$53k
Other
$1k
Benefits
$15k
CMO
Officer (Unspecified)
$551k
$593k
Base
$417k
Bonus
$87k
Other
$6k
Benefits
$23k
Director
Board Member
75th to 90th percentile
$538k
$579k
Base
$484k
Bonus
$20k
Other
$760
Benefits
$13k
Treasurer
Board Treasurer
Above 90th percentilevs Health Care peers nationwide
$442k
$475k
Base
$367k
Bonus
$21k
Other
$240
Benefits
$32k
VP Operations
Vice President
Above 90th percentile
$346k
$372k
Base
$257k
Bonus
$39k
Other
$986
Benefits
$32k
VP Finance
Vice President
75th to 90th percentile
$328k
$353k
Base
$250k
Bonus
$37k
Other
$853
Benefits
$22k
Officer, New 1-2024
Officer (Unspecified)
$228k
$245k
Director
Board Member
Median to 75th percentile
$146k
$158k
President & CEO
25th percentile to median
$90k
$97k
Former Officer
Former Officer/director/trustee
Median to 75th percentile
$71k
$76k
VP Operations
Vice President
25th percentile to median
$33k
$36k
Director
Board Member
25th percentile to median
$32k
$34k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 10 unpaid individuals.

Browse compensation in Health Care

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at Grand Itasca Clinic and Hospital equaled 0.5% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2024)
0.5%
Sector median
4%
Middle half of sector
1% to 13%

Based on 13,830 health care organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Down 34%
from 2023

From $1.1M in 2023 to $700k in 2024.

$1.1M
2023
$700k
2024
In today's dollarsEst.
Down 35% in real terms$1.2M to $753k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Highest Compensated Employee pay fell 34% from 2023 to 2024, while revenue rose 15%.

$1.1M in 2023 to $700k in 2024.
  • Board Member pay rose 28% from 2023 to 2024.
  • Board Treasurer pay rose 4% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about Grand Itasca Clinic and Hospital

What does the Highest Compensated Employee of Grand Itasca Clinic and Hospital earn?

In 2024, the Highest Compensated Employee of Grand Itasca Clinic and Hospital received $700,200 in total compensation. This pay is in the top quarter for Highest Compensated Employee roles among Health Care organizations in Minnesota, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at Grand Itasca Clinic and Hospital compare with similar nonprofits?

Compared with the same role at Health Care organizations in Minnesota, the 2024 pay of the Highest Compensated Employee at Grand Itasca Clinic and Hospital falls between the 75th and 90th percentiles. In 2024, the highest total compensation at Grand Itasca Clinic and Hospital equaled 0.5% of the organization's total expenses. The median for health care organizations is 4%.

What are Grand Itasca Clinic and Hospital's revenue and expenses?

In 2024, Grand Itasca Clinic and Hospital reported $140.2M in total revenue and $132.9M in total expenses on its IRS Form 990.

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