Grant Regional Health Center Inc is located in Lancaster, WI. The organization was established in 1996. According to its NTEE Classification (E32) the organization is classified as: Community Clinics, under the broad grouping of Health Care and related organizations. As of 12/2022, Grant Regional Health Center Inc employed 353 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grant Regional Health Center Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Grant Regional Health Center Inc generated $49.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $44.3m during the year ending 12/2022. While expenses have increased by 7.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
WE ARE THE REGION'S FIRST CHOICE FOR EXCEPTIONAL HEALTHCARE SERVICES.
Describe the Organization's Program Activity:
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, UROLOGY, ENT, AND NEUROLOGY. DURING 2022, GRANT REGIONAL HAD 1,001 ROUTINE MED/SURG PATIENT DAYS, 1,000 SWING BED DAYS, 217 NURSERY DAYS, 257 OBSTETRIC DAYS, AND 22 DAYS OF ROUTINE HOSPICE CARE FOR INPATIENT CARE AND PROVIDED 8.376 VISITS TO PATIENTS NEEDING EMERGENCY OR URGENT CARE IN THE EMERGENCY DEPARTMENT. GRANT REGIONAL ALSO OPERATES TWO SATELLITE CLINICS IN POTOSI AND CASSVILLE. OUR TWO 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 2022 TOTALED APPROXIMATELY $354,000. IN ADDITION, PATIENT CHARGES TO BENEFICIARIES OF THE WISCONSIN MEDICAID PROGRAM WERE REDUCED BY APPROXIMATELY $5,643,000 IN DISCOUNTS IN 2022. (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 IN THE NURSING SERVICES FIELD.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tom Gildersleeve Chair | OfficerTrustee | 1 | $0 |
Tom Vondrum Chair (thru 05/22) | OfficerTrustee | 1 | $0 |
Jason Kenney Vice-Chair | OfficerTrustee | 1 | $0 |
Robert Hoffman Secretary | OfficerTrustee | 1 | $0 |
Craig Bierman Director | Trustee | 0.5 | $0 |
Andy Buttles Director | Trustee | 0.5 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Unity Point Health New Epic/reference Labs | 12/30/22 | $2,334,660 |
Cg Schmidt Inc Or & Endo Rm Renovations | 12/30/22 | $934,943 |
Olympus America Inc Service Contracts | 12/30/22 | $702,954 |
Rural Wisconsin Health Cooperative Nuclear Med Exams | 12/30/22 | $364,416 |
Shared Imaging Services Healthcare Services | 12/30/22 | $281,646 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $42,309 |
Related organizations | $0 |
Government grants | $3,178,883 |
All other contributions, gifts, grants, and similar amounts not included above | $576,419 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $3,797,611 |
Total Program Service Revenue | $45,906,080 |
Investment income | $357,994 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $5,844 |
Net Gain/Loss on Asset Sales | $334,625 |
Net Income from Fundraising Events | -$486 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $49,628,084 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $9,838 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $1,084,613 |
Compensation of current officers, directors, key employees. | $758,833 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $19,786,358 |
Pension plan accruals and contributions | $710,873 |
Other employee benefits | $3,373,556 |
Payroll taxes | $1,268,112 |
Fees for services: Management | $0 |
Fees for services: Legal | $54,579 |
Fees for services: Accounting | $70,950 |
Fees for services: Lobbying | $5,810 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $56,042 |
Fees for services: Other | $2,578,659 |
Advertising and promotion | $277,465 |
Office expenses | $744,850 |
Information technology | $903,763 |
Royalties | $0 |
Occupancy | $466,689 |
Travel | $24,241 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $42,795 |
Interest | $934,136 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $3,505,041 |
Insurance | $222,904 |
All other expenses | $447,664 |
Total functional expenses | $44,328,770 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $221,609 |
Savings and temporary cash investments | $13,735,388 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $6,815,135 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $1,216,770 |
Prepaid expenses and deferred charges | $3,412,348 |
Net Land, buildings, and equipment | $36,926,691 |
Investments—publicly traded securities | $14,059,702 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $369,238 |
Total assets | $76,756,881 |
Accounts payable and accrued expenses | $3,407,955 |
Grants payable | $0 |
Deferred revenue | $63,247 |
Tax-exempt bond liabilities | $33,813,933 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $20,921 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $91,657 |
Total liabilities | $37,397,713 |
Net assets without donor restrictions | $39,084,982 |
Net assets with donor restrictions | $274,186 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $76,756,881 |