GRAND ISLAND REGIONAL MEDICAL CENTER INC Charity Report

Public IRS 990 nonprofit record

GRAND ISLAND REGIONAL MEDICAL CENTER INC

EIN 35-2621082 · Hospitals (E20)

What they do

GRAND ISLAND REGIONAL MEDICAL CENTER ("GIRMC") is DEDICATED to IMPROVING HEALTH THROUGH THE EMPOWERMENT of THE COMMUNITY and OUR HEALTHCARE TEAM.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $80.30 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders19 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

82.63%of revenue went to mission work80.3% of expenses · Program services

$102.89spent for every $100 of revenueSpending was higher than revenue this year.

20.26%of revenue went to management and office costs19.7% of expenses

$0.68in assets for every $1 spent this yearSome assets cannot be spent right away.

2.2%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $2,504,582 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $825,850 for CORY OHLSON MD (PHYSICIAN). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$86,812,666

Mission workProgram services$71,732,28682.63% of revenue80.3% of expenses

ManagementOffice and general costs$17,584,96220.26% of revenue19.7% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$89,317,248102.89% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 80.3% mission · 19.7% management · 0.0% fundraisingTotal expenses: 102.89% of revenue

2023Expense mix: 81.9% mission · 18.1% management · 0.0% fundraisingTotal expenses: 122.29% of revenue

2022Expense mix: 85.7% mission · 14.3% management · 0.0% fundraisingTotal expenses: 138.06% of revenue

2021Expense mix: 88.6% mission · 11.4% management · 0.0% fundraisingTotal expenses: 141.56% of revenue

2020Expense mix: 77.5% mission · 22.5% management · 0.0% fundraisingTotal expenses: 428.38% of revenue

Money in and money out

Revenue$86,812,666

Expenses$89,317,248

Annual shortfall $2,504,582 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$71,732,286 · 80.3% of expenses

Management and office costs$17,584,962 · 19.7% of expenses

See all reported dollar amounts

Revenue$86,812,666

Expenses$89,317,248

Assets$60,435,125

Income$87,287,628

Contributions$1,903,178

Mission work (program services)$71,732,286

Management and general$17,584,962

Executive compensation (total)$625,794

Accounting fees$88,314

Investing fees$230

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

CORY OHLSON MDPHYSICIAN · 50 hrs/week $825,850Base $771,022 · Other $54,828

DAVID RUNNING MDPHYSICIAN · 50 hrs/week $598,113Base $565,621 · Other $32,492

JEFF BURWELL MDPHYSICIAN · 50 hrs/week $563,471Base $522,508 · Other $40,963

TERRY ROUNSBORG MDPHYSICIAN · 50 hrs/week $548,961Base $512,540 · Other $36,421

NATHAN WALTERS MDPHYSICIAN · 50 hrs/week $510,017Base $483,327 · Other $26,690

ANDREW WATERMANCEO - GRAND ISLAND REGIONAL MEDICAL CENTER · 50 hrs/week $357,265Base $343,621 · Other $13,644

DERICK LORENTZCFO - TRANSFERRED BRYAN HOSPITAL KEARNEY 10/24/202 · 40 hrs/week $262,770Base $208,807 · Other $53,963

TRACY SCHMITTCFO - EFFECTIVE 10/24/2024 · 50 hrs/week $179,628Base $157,610 · Other $22,018

RUSSELL GRONEWOLDDIRECTOR · 1 hrs/week $50,173Base · Other $50,173

JOHN WOODRICHDIRECTOR · 1 hrs/week $43,212Base · Other $43,212

RYAN CROUCH DOCHAIR · 1 hrs/week $17,958Base · Other $17,958

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (19)

CORY OHLSON MDPHYSICIAN

DAVID RUNNING MDPHYSICIAN

JEFF BURWELL MDPHYSICIAN

TERRY ROUNSBORG MDPHYSICIAN

NATHAN WALTERS MDPHYSICIAN

ANDREW WATERMANCEO - GRAND ISLAND REGIONAL MEDICAL CENTER

DERICK LORENTZCFO - TRANSFERRED BRYAN HOSPITAL KEARNEY 10/24/202

TRACY SCHMITTCFO - EFFECTIVE 10/24/2024

RUSSELL GRONEWOLDDIRECTOR

JOHN WOODRICHDIRECTOR

RYAN CROUCH DOCHAIR

GREG SEXTRO MDDIRECTOR

KRISTA STOEKER MDDIRECTOR

LUKE BIGGSSECRETARY/TREASURER

MOLLY JOHNSON MDDIRECTOR

ERIC BARBERDIRECTOR

TERESA GRABOWSKIDIRECTOR

CINDY JOHNSONVICE CHAIR

TOM WERNER MDDIRECTOR

About this charity

Recognized since: January 2020
Location: 1600 S 48TH ST, LINCOLN, NE 68506-1227
County: Hall
In care of: % MANAGEMENT ACCOUNTING
Primary officer: ANDREW WATERMAN, CEO

How to reach them

WebsiteVisit the charity’s website Phone(402) 481-8966

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: FORVIS MAZARS LLP
NTEE classification: Hospitals (E20)
IRS tax category: Hospitals