Grinnell Regional Medical Center Auxiliary
Overview
Mission
To assist grinnell regional medical center in promoting the health and welfare of the community.
What it reported doing in 2022
The grinnell regional medical center auxiliary raises funds to support the grinnell regional medical center. Funds are raised through: the operation of a gift shop located within the grinnell regional medical center, volunteers staff the grinnell regional medical center cafeteria during breakfast hours earning half of all proceeds, and through contributions from the general public. The funds raised are contributed to grinnell regional medical center for equipment purchases and other operational expenses that aid in the care of the patients of grinnell regional medical center. The auxiliary also provides scholarships to students with an interest in the medical field.
Operating model
- Revenue model
- No positive adjusted resources. The filing reports no positive adjusted operating resources.
- Distribution model
- Direct operator. The nonprofit carried out 100% of its reported program work directly.
Nonprofit profile at a glance
- EIN
- 237075505
- IRS 990 coverage
- 2010–2022
- Forms available
- Form 990 2022
- Headquarters
- Grinnell, IA, USA
- Rating confidence
- Limited
- Sector
- Health
The verdict
- This form does not report enough financial and governance detail to rate the organization. That is normal for this form and is not a warning sign.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 64
- Accountability: 90
- Sustainability: 1
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
- Public monitoring controls: Limited
- Public policy transparency: Limited
- Public financial transparency: Limited
- Impact reporting controls: Limited
- Public relationship transparency: Limited
Accountability
- Independent voting board: 90%; rating input score 90; 27th percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Public governance controls: Limited
- Zakat policy transparency: Limited
Sustainability
- Operating margin: Limited
- Operating reserve ratio: 0; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 82,273.4%; rating input score 0; 0th percentile among comparable filings
Growth
- Program expense growth: -11.9% per year; rating input score 0; 28th percentile among comparable filings
- Revenue growth: -18.7% per year; rating input score 0; 22nd percentile among comparable filings
- Asset growth: 6.8% per year; rating input score 100; 74th percentile among comparable filings
Details
- Where the money goes: 100% of spending went to programs
- Governance: 18 of 20 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $128 in reported program spending
- Leadership: top reported pay $329K · 22 people listed · 0 of 6 pay-setting controls reported
- Consistency: 12 of 12 current checks pass
- Schedules: 6 filed schedules · includes executive pay
- Filing history: 11 annual filings from 2010 to 2022
- Related organizations: 113 filed related-organization links