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Great River Health System Inc

Public charity · Grantmaker West Burlington, IA EIN: 42-1193185 Website

Great River Health System, inc. (GRHS) is a non-stock, not-for-profit corporation organized for the purpose of serving as a holding company of various subsidiaries providing health care.

Key facts about Great River Health System Inc

In short: Great River Health System Inc gave $3.7M across 2 grants in 2025 (avg $1.9M), mostly in Iowa. Source: 2025 IRS Form 990.

EIN
42-1193185
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$3,716,953
Grants made (2025)
2
Average grant
$1,858,477
Median grant
$1,858,477
Total assets
$40,641,153
Primary geography
Iowa (100% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$40.6M

+87.8% YoY

Annual Giving

$3.7M

+3629.0% YoY

Grant Count

2

-60.0% YoY

Avg Grant Size

$1.9M

+9222.5% YoY

About Great River Health System Inc

Based on IRS filings

Great River Health System Inc is a public charity focused on Health, based in West Burlington, IA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $40.6M in total assets. In 2025, it awarded 2 grants totaling $3.7M. Net investment income was $94K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2025 grant dollars across all 2 itemized grants.

States

Cities

West BurlingtonBurlingtonFort MadisonMontrose

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M$4M0 grants2020 0 grants2021 0 grants2022 1 grant2023 5 grants2024 2 grants2025

From 2023 to 2025, annual grant giving ranged from $100K (2024) to $3.7M (2025). In 2025 it made 2 grants totaling $3.7M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

Riverview System Ltd: $3.5MRiverview System Ltd$3.5MGreat River Health Foundation Inc: $217KGreat River Health FoundationInc$217K

The largest 2025 recipient was Riverview System Ltd ($3.5M). Together the top 2 received $3.7M.

Grant Size Distribution

8 grants across all recorded years

5<$50K$50–100K1$100–250K$250–500K1$500K–1M1$1–5M$5M+

The most common grant size was under $50K: 5 grants of 8 (63%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Riverview System Ltd West Burlington, IAOperating Support$3,500,000
Great River Health Foundation Inc West Burlington, IACommunity Support Funding for the Foundation$216,953

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$25M$50M$75M$100M2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$40,641,153$21,641,454$21,835,615
Revenue$74,579,186$39,313,751$43,034,353
Expenses$56,700,181$43,534,704$37,237,430
Net Investment Income$93,633$56,919$31,889

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2025 (received by the IRS May 4, 2026)
  2. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Great River Health System Inc is led by Matt Wenzel, Former President & CEO since 2024 (on filings since 2020); 8 of 15 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Matt Wenzel

    Former President & CEO

    President & CEO → Former President & CEO, 2024

    On filings since 2020

    24 hrs/week

    $1.4M (2024) → $976K (2025)

  • Michael McCoy

    CEO

    President & CEO → CEO, 2024

    On filings since 2023

    24 hrs/week

    $830K (2024) → $1.1M (2025)

  • Robert Engberg

    Chairman

    Vice Chairman → Chairman, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

  • Bill Malcom

    Director

    Director → Director Till, 2021

    Director Till → Director, 2023

    On filings since 2020

    1 hr/week

    No compensation reported

  • Deanna Barr

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Doug Martin

    Director

    Chairman → Director, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

  • Jeremy Alexander

    CFO

    On filings since 2020

    1 hr/week

    $582K (2024) → $689K (2025)

  • Joel Ryon

    Executive Vice President Chief Medical

    On filings since 2024

    40 hrs/week

    $282K (2024) → $528K (2025)

  • Michael Yost - Exec

    Vice President Chief Human Resources

    On filings since 2024

    40 hrs/week

    $264K (2024) → $440K (2025)

  • Russell Rodriguez - Exec

    Vice President Chief Clinical Operations

    On filings since 2024

    40 hrs/week

    $336K (2024) → $429K (2025)

  • Teresa Colgan - Exec

    Vice President Chief Executive Officer

    On filings since 2024

    40 hrs/week

    $494K (2024) → $503K (2025)

  • Tomi Hagan

    Executive Vice President Chief Compliance

    On filings since 2024

    40 hrs/week

    $264K (2024) → $314K (2025)

  • Carla McNamee

    Secretary & Treasurer

    Director → Director, Secretary & Treasurer, 2022

    Director, Secretary & Treasurer → Secretary & Treasurer, 2023

    On filings since 2020

    1 hr/week

    No compensation reported

  • John McKillip

    Vice Chairperson

    Director → Vice Chairperson, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

  • Douglas Henrich

    Chief of Staff

    New on the 2025 filing

    1 hr/week

    No compensation reported

Former officers (12)
  • Former: Cara Sanders (2023) — Former Highest Compensated Employee
  • Former: Daniel Linhart (2023) — Vice President Finance
  • Former: Jane Vanfleet (2023) — Vice President Revenue Cycle
  • Former: Joshua Goeller (2023) — Strategy Officer
  • Former: Shane Tapper (2023) — Vice President Information Services
  • Former: Dan Wiedemeier (2020–2022) — Director
  • Former: Terri Dowell (2020–2022) — Secretary & Treasurer
  • Former: Jason Hutcheson (2020–2021) — Director Till
  • Former: Karen Marino (2020–2021) — Director Till
  • Former: Kent Severson (2020) — Director
  • Former: Patrick Williams MD (2020) — Director
  • Former: Robert Fleming (2020) — Director

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Dr Michael McCoy — CEO: $1.1MDr Michael McCoyCEO$1.1MMatt Wenzel — Former President/CEO: $976KMatt WenzelFormer President/CEO$976KJeremy Alexander — CFO: $689KJeremy AlexanderCFO$689KDr Joel Ryon — Executive VP Chief Medical: $528KDr Joel RyonExecutive VP Chief Medical$528KTeresa Colgan - Exec — VP Chief Executive Officer: $503KTeresa Colgan - ExecVP Chief Executive Officer$503KMichael Yost - Exec — VP Chief Human Resources: $440KMichael Yost - ExecVP Chief Human Resources$440KRussell Rodriguez - Exec — VP Chief Clinical Operations: $429KRussell Rodriguez - ExecVP Chief Clinical Operations$429KTomi Hagan — Executive VP Chief Compliance: $314KTomi HaganExecutive VP Chief Compliance$314K

The highest reported compensation on the 2025 filing was $1.1M, to Dr Michael McCoy (CEO). 8 officers or directors reported compensation on that filing.

Frequently asked questions about Great River Health System Inc

How much does Great River Health System Inc give each year?

Great River Health System Inc gave $3.7M across 2 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $100K across 5 grants.

How large is Great River Health System Inc?

Great River Health System Inc reported $40.6M in total assets on its 2025 IRS Form 990. Its revenue that year was $74.6M.

What is Great River Health System Inc?

Great River Health System Inc is a public charity focused on Health, based in West Burlington, IA. It holds $40.6M in total assets as of 2025.

Where does Great River Health System Inc operate?

Great River Health System Inc has awarded grants in Iowa.

What is Great River Health System Inc's EIN?

Great River Health System Inc's EIN (Employer Identification Number) is 42-1193185. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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