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Nonprofiteer
← GRANT REGIONAL HEALTH CENTER INC

Form 990 for tax year 2025

Filed by GRANT REGIONAL HEALTH CENTER INC.

Totals

Total revenue
$58,390,658
Total expenses
$55,115,238
Contributions and grants received
$3,298,656
Grants paid
$50,200
Program service revenue
$53,615,405
Investment income
$1,435,029
Other revenue
$41,568
Total assets, end of year
$80,257,055
Total liabilities, end of year
$32,568,744
Net assets or fund balances, end of year
$47,688,311
Program services expenses (Part IX)
$44,291,986
Management and general expenses
$10,823,252
Fundraising expenses
$0
Program service expenses (Part III)
$44,291,986

Program services were 80.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $65,756

  • 1e · Government grants (contributions)

    $176,934

  • 1f · All other contributions, gifts and grants

    $3,055,966

  • 2a · Program service revenue: NET PATIENT REVENUE

    total $53,113,047 · related or exempt $52,979,983 · unrelated business $133,064

  • 2b · Program service revenue: DIETARY REVENUE

    total $183,797 · related or exempt $183,797

  • 2c · Program service revenue: THERAPEUTIC SERVICE REVENUE

    total $106,571 · unrelated business $106,571

  • 2d · Program service revenue: CONTRACT SERVICE REVENUE

    total $8,302 · unrelated business $8,302

  • 2f · All other program service revenue

    total $203,688 · excluded $203,688

  • 3 · Investment income

    total $932,566 · excluded $932,566

  • 6a · Gross rents

    real property $88,119

  • 6b · Less rental expenses

    real property $45,248

  • 6c · Rental income or loss

    real property $42,871

  • 6d · Net rental income or loss

    total $42,871 · excluded $42,871

  • 7a · Gross sales of assets other than inventory

    securities $513,478 · other assets $34,000

  • 7b · Less cost or other basis and sales expenses

    securities $0 · other assets $45,015

  • 7c · Gain or loss

    securities $513,478 · other assets -$11,015

  • 7d · Net gain or loss

    total $502,463 · excluded $502,463

  • 8a · Fundraising events: gross income

    $18,090

  • 8a · Fundraising events: contributions included on line 1c

    $65,756

  • 8b · Fundraising events: direct expenses

    $19,393

  • 8c · Net income from fundraising events

    total -$1,303 · excluded -$1,303

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $25,200 · program services $25,200

  • 2 · Grants to domestic individuals

    total $25,000 · program services $25,000

  • 5 · Compensation of officers, directors and key employees

    total $1,251,544 · management and general $1,251,544

  • 7 · Other salaries and wages

    total $23,848,238 · program services $21,079,743 · management and general $2,768,495

  • 8 · Pension plan contributions

    total $953,237 · program services $782,674 · management and general $170,563

  • 9 · Other employee benefits

    total $4,621,631 · program services $3,641,610 · management and general $980,021

  • 10 · Payroll taxes

    total $1,577,790 · program services $1,220,973 · management and general $356,817

  • 11b · Fees: legal

    total $149,036 · management and general $149,036

  • 11c · Fees: accounting

    total $70,085 · management and general $70,085

  • 11d · Fees: lobbying

    total $5,864 · management and general $5,864

  • 11f · Fees: investment management

    total $68,769 · management and general $68,769

  • 11g · Fees: other

    total $3,965,446 · program services $3,264,088 · management and general $701,358

  • 12 · Advertising and promotion

    total $248,894 · program services $52,141 · management and general $196,753

  • 13 · Office expenses

    total $829,971 · program services $435,615 · management and general $394,356

  • 14 · Information technology

    total $2,122,517 · management and general $2,122,517

  • 16 · Occupancy

    total $605,874 · program services $592,268 · management and general $13,606

  • 17 · Travel

    total $45,397 · program services $38,107 · management and general $7,290

  • 19 · Conferences, conventions and meetings

    total $136,982 · program services $89,071 · management and general $47,911

  • 20 · Interest

    total $876,508 · program services $763,076 · management and general $113,432

  • 22 · Depreciation, depletion and amortization

    total $3,742,216 · program services $3,175,990 · management and general $566,226

  • 23 · Insurance

    total $328,435 · program services $98,508 · management and general $229,927

  • 24a · Other expenses: MEDICAL SUPPLIES

    total $6,680,224 · program services $6,672,404 · management and general $7,820

  • 24b · Other expenses: EQUIPMENT RENTAL AND RE

    total $1,241,409 · program services $1,200,148 · management and general $41,261

  • 24c · Other expenses: BAD DEBT EXPENSE

    total $918,552 · program services $918,552

  • 24d · Other expenses: SUBSCRIPTIONS AND LICEN

    total $321,853 · program services $107,263 · management and general $214,590

  • 24e · All other expenses

    total $454,566 · program services $109,555 · management and general $345,011

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $244,871 · end of year $246,569

  • 2 · Savings and temporary cash investments

    beginning of year $17,631,250 · end of year $18,890,215

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $375,000

  • 4 · Accounts receivable

    beginning of year $8,254,535 · end of year $7,543,673

  • 8 · Inventories for sale or use

    beginning of year $1,008,999 · end of year $1,089,712

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,515,819 · end of year $557,447

  • 10a · Land, buildings and equipment: cost or other basis

    $69,055,883

  • 10b · Land, buildings and equipment: accumulated depreciation

    $34,506,819

  • 10c · Land, buildings and equipment, net

    beginning of year $35,176,739 · end of year $34,549,064

  • 11 · Investments: publicly traded securities

    beginning of year $14,580,937 · end of year $16,520,846

  • 15 · Other assets

    beginning of year $574,208 · end of year $484,529

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,976,142 · end of year $2,696,965

  • 19 · Deferred revenue

    beginning of year $113,064 · end of year $69,385

  • 20 · Tax-exempt bond liabilities

    beginning of year $30,939,462 · end of year $29,439,550

  • 25 · Other liabilities

    beginning of year $0 · end of year $362,844

  • 27 · Net assets without donor restrictions

    beginning of year $44,687,387 · end of year $46,238,328

  • 28 · Net assets with donor restrictions

    beginning of year $271,303 · end of year $1,449,983

Mission and programs · 2025

Mission

TOGETHER WE ARE DEDICATED TO IMPROVE THE HEALTH AND WELLNESS OF ALL GENERATIONS THROUGH HIGH QUALITY, COMPASSIONATE, AND PATIENT-CENTERED CARE.

Activities or mission (Part I)

WE ARE THE REGION'S FIRST CHOICE FOR EXCEPTIONAL HEALTHCARE SERVICES.

  • GRANT REGIONAL HEALTH CENTER, INC. ("GRANT REGIONAL") PROVIDES HEALTH CARE SERVICES AND OTHER SUPPORT THROUGH VARIOUS PROGRAMS THAT ARE DESIGNED, AMONG OTHER MATTERS, TO ENHANCE THE HEALTH OF THE COMMUNITY, INCLUDING THE HEALTH OF LOW-INCOME PATIENTS. THE ORGANIZATION OPERATES A CRITICAL ACCESS HOSPITAL WHICH PROVIDES INPATIENT ACUTE CARE AND SWING BED SERVICES; ALONG WITH AN EMERGENCY DEPARTMENT, WHICH IS OPEN TWENTY-FOUR HOURS PER DAY; AND OTHER OUTPATIENT SERVICES. AMONG THE SERVICES PROVIDED ARE DIAGNOSTIC CARE INCLUDING LABORATORY AND RADIOLOGY SERVICES, OBSTETRICS, REHABILITATION, SURGICAL SERVICES, AND WALK-IN CARE. GRANT REGIONAL ALSO HAS RELATIONSHIPS WITH REGIONAL CENTERS IN MADISON, WISCONSIN AND DUBUQUE, IOWA WHO COME TO THE FACILITY ON A REGULAR BASIS TO PROVIDE SPECIALTY SERVICES. GRANT REGIONAL'S LOCAL AND CONTRACTED SPECIALTY SERVICES INCLUDE, BUT ARE NOT LIMITED TO: AUDIOLOGY, OPHTHALMOLOGY, ORTHOPEDICS, ENT, AND NEUROLOGY. DURING 2025, GRANT REGIONAL HAD 935 ROUTINE MED/SURG PATIENT DAYS, 1,072 SWING BED DAYS, 224 NURSERY DAYS, 270 OBSTETRIC DAYS, AND 9 DAYS OF ROUTINE HOSPICE CARE FOR INPATIENT CARE AND PROVIDED 9,265 VISITS TO PATIENTS NEEDING EMERGENCY OR URGENT CARE IN THE EMERGENCY DEPARTMENT. IN ADDITION TO THE FAMILY PRACTICE CLINIC IN LANCASTER, GRANT REGIONAL ALSO OPERATES THREE SATELLITE CLINICS IN POTOSI, FENNIMORE, AND CASSVILLE. OUR FOUR HOMETOWN CLINICS PROVIDE IMPORTANT HEALTHCARE SERVICES FOR SURROUNDING COMMUNITIES. THE CLOSE PROXIMITY HELPS THOSE WHO HAVE DIFFICULTY WITH TRANSPORTATION GET THE IMPORTANT HEALTH CARE THEY REQUIRE WITH LESS TRAVEL.CONSISTENT WITH THE MISSION OF GRANT REGIONAL, CARE IS PROVIDED TO PATIENTS REGARDLESS OF THEIR ABILITY TO PAY, INCLUDING PROVIDING SERVICES TO THOSE PERSONS WHO ARE EITHER UNDERINSURED OR CANNOT AFFORD HEALTH INSURANCE BECAUSE OF INADEQUATE RESOURCES. HEALTH CARE SERVICES TO PATIENTS UNDER GOVERNMENT PROGRAMS, SUCH AS MEDICAID HOSPITAL SERVICES, ARE ALSO CONSIDERED PART OF GRANT REGIONAL'S BENEFIT PROVIDED TO THE COMMUNITY, SINCE A SUBSTANTIAL PORTION OF SUCH SERVICES ARE REIMBURSED AT AMOUNTS LESS THAN THE COSTS OF PROVIDING CARE. PATIENTS WHO MEET CERTAIN CRITERIA FOR CHARITY CARE, BASED ON FEDERAL POVERTY GUIDELINES, ARE PROVIDED CARE AT A SIGNIFICANTLY REDUCED RATE, DETERMINED BASED ON QUALIFYING CRITERIA AS DEFINED IN GRANT REGIONAL'S COMMUNITY CARE POLICY, AND FROM APPLICATIONS COMPLETED BY PATIENTS. THE AMOUNT OF CHARGES FOREGONE FOR SERVICES AND SUPPLIES FURNISHED UNDER THIS POLICY FOR 2025 TOTALED APPROXIMATELY $470,000. IN ADDITION, PATIENT CHARGES TO BENEFICIARIES OF THE WISCONSIN MEDICAID PROGRAM WERE REDUCED BY APPROXIMATELY $6,095,000 IN DISCOUNTS IN 2025. (SEE ALSO SCHEDULE H TO THE FORM 990 FOR ADDITIONAL INFORMATION ON THE COST OF PROVIDING THESE MEDICAL SERVICES TO MEMBERS OF THE COMMUNITY.)IN ADDITION TO THE VARIOUS INPATIENT, OUTPATIENT, AND CHARITY CARE SERVICES, GRANT REGIONAL PROVIDED NUMEROUS BENEFITS TO ITS SURROUNDING COMMUNITIES. GRANT REGIONAL PROVIDED EDUCATION ON TOPICS SUCH AS BREASTFEEDING, CANCER, DIABETES, HEART DISEASE, AND WOMEN'S HEALTH. HEALTH SCREENINGS INCLUDING BLOOD PRESSURE, CHOLESTEROL, DIABETES, HEARING, MAMMOGRAPHY, AND WOMEN'S HEALTH WERE ALSO PROVIDED. (SEE ALSO SCHEDULE H TO THE FORM 990 FOR INFORMATION ON THE COST OF PROVIDING THESE SERVICES IN THE COMMUNITY AND SURROUNDING AREAS.) GRANT REGIONAL ALSO PROVIDES ON-THE-JOB EDUCATION TO COLLEGE STUDENTS PURSUING CAREERS IN HEALTH CARE. STUDENTS ARE MENTORED DURING THEIR TIME AT THE FACILITY BY EMPLOYEES OF GRANT REGIONAL AND GRANT REGIONAL PROVIDES PRACTICAL EXPERIENCE THROUGH ITS CARE ENVIRONMENT FOR STUDENTS TO USE THROUGHOUT THEIR FUTURE CAREERS.

    Expenses $44,291,986 · Grants $50,200 · Revenue $53,163,780

As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Jason Kenney

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Tom Gildersleeve

    CHAIR (TERM 05/25)

    Total calculated
    $0
    Hours/week
    1

  • Sarah Kirschbaum

    VICE-CHAIR

    Total calculated
    $7,500
    From this org
    $7,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.5

  • Andy Buttles

    SECRETARY

    Total calculated
    $6,250
    From this org
    $6,250
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • Craig Bierman

    DIRECTOR

    Total calculated
    $7,250
    From this org
    $7,250
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.5

  • Rich Dhyanchand

    DIRECTOR

    Total calculated
    $7,500
    From this org
    $7,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.5

  • Dr Eric Stader

    DIRECTOR/PHYSICIAN

    Total calculated
    $131,473
    From this org
    $131,473
    From related orgs
    $0
    Other
    $0
    Hours/week
    24

  • Kris Wolf

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Jessica Hermsen

    DIRECTOR (TERM 05/25)

    Total calculated
    $3,750
    From this org
    $3,750
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.5

  • Carey Howard

    DIRECTOR

    Total calculated
    $3,750
    From this org
    $3,750
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.5

  • Kevin Raisbeck

    DIRECTOR

    Total calculated
    $3,750
    From this org
    $3,750
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.5

  • Tamara Chambers

    PRESIDENT/CEO

    Total calculated
    $314,907
    From this org
    $294,165
    From related orgs
    $0
    Other
    $20,742
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $294,165
    Bonus
    $0
    Other
    $0
    Deferred
    $16,208
    Nontaxable benefits
    $4,534
    Filer's total
    $314,907

  • Joel Gehling

    CHIEF FINANCIAL OFFICER

    Total calculated
    $255,013
    From this org
    $228,430
    From related orgs
    $0
    Other
    $26,583
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $228,430
    Bonus
    $0
    Other
    $0
    Deferred
    $11,601
    Nontaxable benefits
    $14,982
    Filer's total
    $255,013

  • Radley Kamps

    CHIEF OPERATING OFFICER

    Total calculated
    $222,297
    From this org
    $209,223
    From related orgs
    $0
    Other
    $13,074
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $209,223
    Bonus
    $0
    Other
    $0
    Deferred
    $11,507
    Nontaxable benefits
    $1,567
    Filer's total
    $222,297

  • Theresa Hollinger

    CHIEF NURSING OFFICER

    Total calculated
    $229,439
    From this org
    $192,861
    From related orgs
    $0
    Other
    $36,578
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $192,861
    Bonus
    $0
    Other
    $0
    Deferred
    $8,122
    Nontaxable benefits
    $28,456
    Filer's total
    $229,439

  • Stacy Martin

    DIRECTOR OF HUMAN RESOURCES

    Total calculated
    $237,080
    From this org
    $184,494
    From related orgs
    $0
    Other
    $52,586
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $184,494
    Bonus
    $0
    Other
    $0
    Deferred
    $10,728
    Nontaxable benefits
    $41,858
    Filer's total
    $237,080

  • Dale R Chilson

    OTOLARYNGOLOGIST/ENT

    Total calculated
    $819,316
    From this org
    $783,890
    From related orgs
    $0
    Other
    $35,426
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $695,966
    Bonus
    $37,500
    Other
    $50,424
    Deferred
    $19,250
    Nontaxable benefits
    $16,176
    Filer's total
    $819,316

  • Bradley G Binsfeld

    ORTHOPEDIC SURGEON

    Total calculated
    $760,692
    From this org
    $727,913
    From related orgs
    $0
    Other
    $32,779
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $564,560
    Bonus
    $159,507
    Other
    $3,846
    Deferred
    $19,250
    Nontaxable benefits
    $13,529
    Filer's total
    $760,692

  • Darren W Perttu

    GENERAL SURGEON

    Total calculated
    $685,235
    From this org
    $632,953
    From related orgs
    $0
    Other
    $52,282
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $514,072
    Bonus
    $70,067
    Other
    $48,814
    Deferred
    $19,250
    Nontaxable benefits
    $33,032
    Filer's total
    $685,235

  • Kimberly A Perttu

    FAMILY PRACTICE PHYSICIAN WITH OB

    Total calculated
    $637,215
    From this org
    $616,464
    From related orgs
    $0
    Other
    $20,751
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $271,503
    Bonus
    $201,929
    Other
    $143,032
    Deferred
    $19,250
    Nontaxable benefits
    $1,501
    Filer's total
    $637,215

  • Eli T James

    FAMILY PRACTICE PHYSICIAN WITHOUT OB

    Total calculated
    $509,126
    From this org
    $447,111
    From related orgs
    $0
    Other
    $62,015
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $268,598
    Bonus
    $128,824
    Other
    $49,689
    Deferred
    $19,250
    Nontaxable benefits
    $42,765
    Filer's total
    $509,126

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2025
Filed
23 September 2026
IRS schema version
2025v4.2
Source object
202622679349300627

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