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Great River Health System Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 421193185 ✦ West burlington, IA ✦ Designated as a 501(c)(3)

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Overview

What is Great River Health System Inc?

Great River Health System Inc, a non-profit organization based in West Burlington, Iowa, serves as the holding company for various subsidiaries that deliver healthcare services in the region. With a team of 401 employees, the system consists of Southeast Iowa Regional Medical Center, pharmacies, medical equipment and supplies providers, and physician clinics. The mission of Great River Health System is to provide quality healthcare to the community through its integrated network of subsidiaries.


Official website here: www.greatriverhealth.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 1-Star out of Four Stars (56%)

Great River Health System Inc has received a One-Star rating from Charity Navigator, reflecting a score of 56%. This rating signifies serious concerns regarding the organization’s financial health, particularly highlighted by a very low program expense ratio of 0.66%, which suggests that a minimal amount of funds is allocated toward its intended charitable programs. While the organization does show strengths in governance, including a majority of independent board members and solid audit practices, these factors are overshadowed by its financial management issues.

The organization demonstrates strong accountability measures, with a comprehensive conflict of interest policy, whistleblower policy, and proper documentation retention practices. However, the significant liability-to-assets ratio of 19.16% indicates potential financial instability that may affect its ability to fund programs effectively. The absence of required financial documents on its website further compounds these financial transparency concerns.

In summary, while Great River Health System Inc has established a solid governance framework and adheres to many accountability standards, its financial ratios raise red flags regarding its operational efficiency and commitment to maximizing program expenditure. Stakeholders and potential donors may want to consider these limitations before engaging with the organization.


This AI summary has been generated from information found on Charity Navigator.

Is Great River Health System Inc legitimate?

Great River Health System Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Great River Health System Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $19,046,640

For more financial information, click here


Official website here: www.greatriverhealth.org

What is the mission statement of Great River Health System Inc?

Great River Health System Inc functions as a holding company for various subsidiaries dedicated to delivering healthcare services. The organization's primary mission is to support and oversee these healthcare providers. As a non-stock, not-for-profit corporation, Great River Health System's goal is to ensure the effective operation of its healthcare subsidiaries. These subsidiaries encompass hospitals, pharmacies, medical equipment suppliers, and physician clinics. Together, they form a regional integrated healthcare system.


Official website here: www.greatriverhealth.org

Who is the CEO of Great River Health System Inc?

Dr Michael Mccoy is the Principal Officer of Great River Health System Inc. The CEO's salary of Great River Health System Inc is $0 and their total compensation is $1,167,244.


Official website here: www.greatriverhealth.org

What is the revenue of Great River Health System Inc?

Great River Health System Inc's revenue in 2022 was $27,783,691.


Official website here: www.greatriverhealth.org

Who are the executives of Great River Health System Inc and what are their salaries?

The average compensation at Great River Health System Inc during 2022 was $47,498. There are 401 employees and 12 volunteers at Great River Health System Inc.


Here are 9 key members and their salaries (Great River Health System Inc's CEO's salary is $0 and their total compensation is $1,167,244):


Matt Wenzel (President/Ceo)
  • Compensation: $0
  • Related: $1,109,111
  • Other: $58,133
Jeremy Alexander (Cfo)
  • Compensation: $0
  • Related: $588,955
  • Other: $47,947
Doug Martin (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Engberg (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carla Mcnamee (Director & Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terri Dowell (Secretary/Treasurer (Thru Mar 2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Deanna Barr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Mckillip (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Wiedemeier (Director (Thru Dec. 2021))
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.greatriverhealth.org

Where can I find the form 990 for Great River Health System Inc?

Great River Health System Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.greatriverhealth.org

Learn more at the official website: www.greatriverhealth.org

Mission Statement of Great River Health System Inc

Great River Health System Inc, a non-stock, not-for-profit corporation, serves as a holding company for various subsidiaries dedicated to providing healthcare services. With the primary objective of overseeing diverse entities engaged in healthcare delivery, Great River Health System assumes a crucial role in the healthcare sector. The organization encompasses Southeast Iowa Regional Medical Center, pharmacies, medical equipment and supplies providers, and physician clinics. By bringing together these entities under its umbrella, Great River Health System functions as a regional integrated healthcare system, ensuring efficient and comprehensive healthcare solutions for the communities it serves.

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Impact




October, 2024

Great River Health System Inc has a significant impact on the health and well-being of the communities it serves in Southeast Iowa. By functioning as a holding company for a network of subsidiaries, it integrates various healthcare services, which enables a cohesive and comprehensive approach to patient care.

The system includes the Southeast Iowa Regional Medical Center, pharmacies, medical equipment and supplies providers, and physician clinics, ensuring that residents have access to a wide range of healthcare options. This integration improves the continuity of care, making it easier for patients to navigate the healthcare system and receive timely and effective treatment.

Furthermore, Great River Health System plays a vital role in improving health outcomes by offering preventive care, specialized treatments, and emergency services, thus enhancing the overall quality of life in the region. The availability of essential healthcare services in West Burlington and surrounding areas contributes to community resilience and supports the population's diverse health needs.




This information is meant to be a general summary of Great River Health System Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$27,783,691 (2022)
Expenses
$26,674,793 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,183
  • Program Service Revenue: $26,232,417
  • Gross Receipts: $27,783,691

Assets and Liabilities:

  • Total Assets: $42,916,659
  • Total Liabilities: $3,050,644
  • Net Assets: $39,866,015

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

ADMINISTRATIVE REVENUE

Revenue

$26,232,417

Organization Details

Founding Year

1983

Principal Officer

Dr Michael Mccoy

Main Address

1221 SOUTH GEAR AVENUE, WEST BURLINGTON, IA, 52655

NTEE Category

Code: E12 - Health

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