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Filing year 2024

GRINNELL REGIONAL MEDICAL CENTER

Grinnell, Iowa·EIN 42-0933383·NTEE E220 · Health Care·501(c)(3)
Total revenue
$71.5M
Total assets
$36.2M
Total expenses
$67.4M
Reported officers
23
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.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 14 reported individuals · Filing year 2024

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

Anesthesiology
Highest Compensated Employee
Median to 75th percentile
$342k
$368k
Base
$302k
Bonus
$864
Other
$686
Benefits
$23k
Physician
Highest Compensated Employee
Median to 75th percentile
$316k
$339k
Base
$294k
Bonus
Other
$6k
Benefits
$1k
Anesthesiology
Highest Compensated Employee
Median to 75th percentile
$309k
$332k
Base
$272k
Bonus
$10k
Other
$870
Benefits
$12k
Board Member
Median to 75th percentile
$256k
$276k
Base
$222k
Bonus
Other
$90
Benefits
$22k
VP Nursing & Clinical Serv
Board Vice President
Median to 75th percentilevs Health Care peers nationwide
$245k
$263k
Base
$165k
Bonus
$34k
Other
$60
Benefits
$37k
Family Medicine
Highest Compensated Employee
25th percentile to median
$200k
$215k
Base
$170k
Bonus
Other
$60
Benefits
$21k
General Surgery
Highest Compensated Employee
10th to 25th percentile
$175k
$188k
Base
$166k
Bonus
Other
$160
Benefits
$207
VP Finance (to 04/24)
Vice President
Median to 75th percentilevs Health Care peers nationwide
$103k
$111k
Market President (fr 01/24)
Board President
Median to 75th percentilevs Health Care peers nationwide
$88k
$95k
Frmr CEO (to 10/23)
25th percentile to median
$72k
$77k
Board Member
25th percentile to median
$47k
$51k
Marketing & Bus Dev-c (to 06/24)
Board Member
10th to 25th percentile
$32k
$35k
Member/rural President (fr 06/24)
10th to 25th percentile
$27k
$29k
Interim Rural President (to 06/24)
Below 10th percentile
$17k
$18k

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 9 unpaid individuals.

Browse compensation in Health Care

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at GRINNELL REGIONAL MEDICAL CENTER 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.

Held steady
from 2023

From $339k in 2023 to $342k in 2024.

$339k
2023
$342k
2024
In today's dollarsEst.
Down 2% in real terms$374k to $368k

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 rose 1% from 2023 to 2024, while revenue rose 11%.

$339k in 2023 to $342k in 2024.
  • Board Member pay rose 11% from 2023 to 2024.
  • Board Vice President pay rose 9% 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 GRINNELL REGIONAL MEDICAL CENTER

What does the Highest Compensated Employee of GRINNELL REGIONAL MEDICAL CENTER earn?

In 2024, the Highest Compensated Employee of GRINNELL REGIONAL MEDICAL CENTER received $341,875 in total compensation. This pay is above the median (the midpoint) for Highest Compensated Employee roles among Health Care organizations in Iowa, within the top half of comparable filings. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at GRINNELL REGIONAL MEDICAL CENTER compare with similar nonprofits?

Compared with the same role at Health Care organizations in Iowa, the 2024 pay of the Highest Compensated Employee at GRINNELL REGIONAL MEDICAL CENTER falls between the median and the 75th percentile. In 2024, the highest total compensation at GRINNELL REGIONAL MEDICAL CENTER equaled 0.5% of the organization's total expenses. The median for health care organizations is 4%.

What are GRINNELL REGIONAL MEDICAL CENTER's revenue and expenses?

In 2024, GRINNELL REGIONAL MEDICAL CENTER reported $71.5M in total revenue and $67.4M in total expenses on its IRS Form 990.

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