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Nonprofiteer
← GPRMC HOLDINGS INC

Form 990 for tax year 2022

Filed by GPRMC HOLDINGS INC.

Totals

Total revenue
$1,362,750
Total expenses
$1,370,867
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$1,327,153
Investment income
$35,597
Other revenue
$0
Total assets, end of year
$32,294,857
Total liabilities, end of year
$32,389,726
Net assets or fund balances, end of year
-$94,869
Program services expenses (Part IX)
$1,370,867
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$1,370,867

Program services were 100.0% 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.

  • 2a · Program service revenue: Lease interest revenue

    total $1,327,153 · related or exempt $1,327,153

  • 3 · Investment income

    total $35,597 · excluded $35,597

Functional expenses

Part IX, the statement of functional expenses.

  • 20 · Interest

    total $1,370,867 · program services $1,370,867

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $171,471 · end of year $171,471

  • 11 · Investments: publicly traded securities

    beginning of year $2,201,663 · end of year $2,237,259

  • 15 · Other assets

    beginning of year $30,691,586 · end of year $29,886,127

  • 23 · Secured mortgages and notes payable

    beginning of year $29,525,872 · end of year $28,764,126

  • 25 · Other liabilities

    beginning of year $3,625,600 · end of year $3,625,600

  • 27 · Net assets without donor restrictions

    beginning of year -$86,752 · end of year -$94,869

Mission and programs · 2022

Mission

None

Activities or mission (Part I)

Supporting, promoting, and improving Farmers Union Hospital Association.

  • GPRMC Holdings, Inc. was established for the purpose of supporting, promoting, and improving the activities, affairs, programs and services of the Hospital. On March 6, 2019, the Company entered into a 30-year loan agreement with the USDA for $33,079,000. Effective March 6, 2019, the Company and the Hospital entered into a 30-year lease agreement where the Hospital agreed to lease the facilities from the Company.

    Expenses $1,370,867 · Revenue $1,327,153

As filed on the 2022 return.

Listed in Part VII

  • J Coffey MD

    Chair until Oct '22

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Kyle Zybach - Secretary

    until Oct '22/Chair as of Nov '22

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Jeff Jackson - Member until

    Oct '22/Secretary as of Nov '22

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Joe Allen - Member until

    Oct '22/Vice Chair as of Nov '22

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Erick DeRocher DO

    Member/Chief of Staff

    Total calculated
    $14,300
    From this org
    $0
    From related orgs
    $14,300
    Other
    $0
    Hours/week
    1 + 10 related
  • Edward Albert

    Member

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Paul Kumpf

    Member

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Jack Morrison DDS

    Member until Sept '22

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Danny Sprowls

    Member

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Roy Greenway MD - Member

    Vice Chief of Staff until Aug '22

    Total calculated
    $533,412
    From this org
    $0
    From related orgs
    $518,937
    Other
    $14,475
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $511,309 related
    Bonus
    $0 + $6,935 related
    Other
    $0 + $693 related
    Deferred
    $0 + $1,525 related
    Nontaxable benefits
    $0 + $12,950 related
    Filer's total
    $0 + $533,412 related
  • Tyson Fisher MD - Medical

    Staff/Member as of Sept '22

    Total calculated
    $712,400
    From this org
    $0
    From related orgs
    $670,984
    Other
    $41,416
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $580,381 related
    Bonus
    $0 + $89,982 related
    Other
    $0 + $621 related
    Deferred
    $0 + $1,525 related
    Nontaxable benefits
    $0 + $39,891 related
    Filer's total
    $0 + $712,400 related
  • Daniel Garbarino

    Member as of Jan '23

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Corey Lively

    CEO

    Total calculated
    $338,432
    From this org
    $0
    From related orgs
    $317,220
    Other
    $21,212
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $315,361 related
    Bonus
    $0 + $1,200 related
    Other
    $0 + $659 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $21,212 related
    Filer's total
    $0 + $338,432 related
  • Monica R Scott

    CFO

    Total calculated
    $159,916
    From this org
    $0
    From related orgs
    $142,817
    Other
    $17,099
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $141,313 related
    Bonus
    $0 + $66 related
    Other
    $0 + $1,438 related
    Deferred
    $0 + $730 related
    Nontaxable benefits
    $0 + $17,873 related
    Filer's total
    $0 + $161,420 related

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

None.

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

The filer's explanations (Part III)

Schedule J, Part I, Line 3:
Corey Lively, CEO, is compensated by Great Plains Regional Medical Center for services provided to the Medical Center and GPRMC Holdings Inc. Great Plains Regional Medical Center uses some of the methods on line 3 to establish compensation for the CEO.

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

No itemized grants to organizations 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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • Plains Diagnostic Imaging Inc

    Radiology services and equipment rental · OK

Provenance

Return type
form_990
Tax year
2022
Filed
14 May 2024
IRS schema version
2022v5.0
Source object
202401369349302810

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