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Nonprofit · EIN 42-1193186

GRHS HOLDINGS INC

Tax-exempt · W BURLINGTON, IA 52655

Financials

$58.3M$31.5M2022$8M$40.2M2023$14.8M$20.3M2024
Revenue Expenses · by fiscal year end
Financials of GRHS HOLDINGS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$14,825,372$20,264,705-$5,439,333$270,816,824$1,228,950$269,587,874
June 30, 2024990$8,039,869$40,248,153-$32,208,284$260,663,070$1,066,943$259,596,127
June 30, 2023990$58,320,351$31,450,378$26,869,973$271,619,322$1,143,756$270,475,566
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$14,825,372
Net gain from sales of assets
$7,341,969
Other revenue
$0

Expenses

Grants and similar amounts paid
$20,000,000
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$20,000,000
Management and general (functional)
$264,705

Balance sheet and other

Total assets, start of year
$260,663,070
Total assets, end of year
$270,816,824
Total liabilities, end of year
$1,228,950
Net assets, end of year
$269,587,874
Publicly traded securities
$269,371,483
Net assets without donor restrictions
$269,587,874
Gross receipts
$27,740,084
Employees
0
Volunteers
0
Year formed
1983
State of legal domicile
IA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
DR MICHAEL MCCOYPRESIDENT/CEO
Trustee or director, Officer
24$0$1,089,131$47,792
JEREMY ALEXANDERSECRETARY/TREASURER/CFO
Trustee or director, Officer
1$0$689,029$60,088
HOPE DUNNVICE PRESIDENT
Trustee or director, Officer
1$0$382,888$24,761
990 for the year ended June 30, 2024: 5 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
MATT WENZELFORMER PRESIDENT/CEO
Former
24$0$1,369,580$11,287
DR MICHAEL MCCOYPRESIDENT/CEO
Trustee or director, Officer
24$0$829,861$51,041
JAMES KAMMERERFORMER VICE CHAIRMAN
Former
1$0$843,427$15,983
JEREMY ALEXANDERSECRETARY/TREASURER/CFO
Trustee or director, Officer
1$0$582,333$48,195
HOPE DUNNVICE CHAIRMAN
Trustee or director, Officer
1$0$308,293$20,003
990 for the year ended June 30, 2023: 5 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
MATT WENZELPRESIDENT/CEO (THROUGH 10/12/22)
Trustee or director, Officer
24$0$1,122,540$53,171
JEREMY ALEXANDERSECRETARY/TREASURER/CFO
Trustee or director, Officer
1$0$671,653$51,571
DR MICHAEL MCCOYPRESIDENT/CEO
Trustee or director, Officer
24$0$624,684$51,091
JAMES KAMMERERVICE CHAIRMAN (THROUGH 7/12/22)
Trustee or director, Officer
1$0$565,682$51,494
HOPE DUNNVICE CHAIRMAN
Trustee or director, Officer
1$0$145,961$8,903

Address and contacts

Address (IRS master file)
1221 S GEAR AVE, W BURLINGTON, IA 52655-1679
Principal officer (990 for 2024)
DR MICHAEL MCCOY, 1221 SOUTH GEAR AVENUE, WEST BURLINGTON, IA 52655
Signed the 990
JEREMY ALEXANDER, CFO
Phone
(319) 768-1000
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

TO PROVIDE SUPPORT TO SOUTHEAST IOWA REGIONAL MEDICAL CENTER AND HENRY COUNTY HEALTH CENTER, EACH OF WHICH IS A NON-PROFIT 501(C)(3) ORGANIZATION THAT PROVIDES HEALTH CARE SERVICES TO ALL INDIVIDUALS REGARDLESS OF THEIR ABILITY TO PAY.

990 for the year ended June 30, 2025

Program accomplishments

  • SUPPORT SOUTHEAST IOWA REGIONAL MEDICAL CENTER AND HENRY COUNTY HEALTH CENTER, EACH OF WHICH IS A NON-PROFIT 501(C)(3) ORGANIZATION.
    Expenses $20,000,000 · grants $20,000,000

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
42-1193186
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
1984
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$270,816,824
Income (IRS master file)
$27,740,084

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$14,825,372$20,264,705$270,816,824IRS
990June 2024$8,039,869$40,248,153$260,663,070XML
990June 2023$58,320,351$31,450,378$271,619,322XML
990June 2022$363,462,071$25,310,888$283,753,455IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 42-1193186).

Questions about GRHS HOLDINGS INC

What is the EIN of GRHS HOLDINGS INC?
The employer identification number (EIN) of GRHS HOLDINGS INC is 42-1193186.
Is GRHS HOLDINGS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
Are donations to GRHS HOLDINGS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does GRHS HOLDINGS INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of GRHS HOLDINGS INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GRHS HOLDINGS INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of GRHS HOLDINGS INC?
The 990 for the year ended June 30, 2025 names DR MICHAEL MCCOY.
Who are the officers and directors of GRHS HOLDINGS INC?
The 990 for the year ended June 30, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does GRHS HOLDINGS INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $14,825,372, expenses of $20,264,705 and total assets of $270,816,824 at year end.

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