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GRHS Holdings Inc

Foundation · Grantmaker West Burlington, IA EIN: 42-1193186 Website

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.

Key facts about GRHS Holdings Inc

EIN
42-1193186
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$40,000,000
Grants made (2024)
1
Average grant
$40,000,000
Median grant
$40,000,000
Total assets
$260,663,070
Primary geography
Iowa (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Next steps with GRHS Holdings Inc

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$260.7M

-4.0% YoY

Annual Giving

$40.0M

+27.6% YoY

Grant Count

1

-50.0% YoY

Avg Grant Size

$40.0M

+155.1% YoY

About GRHS Holdings Inc

Based on IRS filings

GRHS Holdings Inc is a nonprofit organization, based in West Burlington, IA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $260.7M in total assets. In 2024, it awarded 1 grant totaling $40.0M. Net investment income was $8.0M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 1 itemized 2024 grant dollars.

States

Cities

West Burlington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100M$200M$300M$400M20202021202220232024
Metric202420232022
Total Assets$260,663,070$271,619,322$283,753,455
Revenue$8,039,869$58,320,351$363,462,071
Expenses$40,248,153$31,450,378$25,310,888
Qualifying Distributions———
Net Investment Income$8,039,119$58,319,601$13,031,570
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$10M$20M$30M$40M0 grants20200 grants20211 grants20222 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Southeast Iowa Regional Medical Center Inc: $40.0MSoutheast Iowa RegionalMedical Center Inc$40.0M

Grant Size Distribution

4 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M1$1–5M3$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Southeast Iowa Regional Medical Center Inc ($40,000,000).

RecipientPurposeAmount
SOUTHEAST IOWA REGIONAL MEDICAL CENTER INC West Burlington, IAOPERATING SUPPORT$40,000,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
Jeremy AlexanderSecretary/Treasurer/CFO1—
Dr Michael McCoyPresident/CEO24—
Hope DunnVice Chairman1—
Matt WenzelFormer President/CEO24—
James KammererFormer Vice Chairman1—

Frequently Asked Questions

How large is GRHS Holdings Inc?

As of 2024, GRHS Holdings Inc holds $260.7M in total assets with $8.0M in annual revenue. It awarded 1 grant totaling $40.0M in 2024.

Where does GRHS Holdings Inc operate?

GRHS Holdings Inc has awarded grants in Iowa.

What size grants does GRHS Holdings Inc award?

In 2024, GRHS Holdings Inc awarded 1 grant totaling $40.0M — an average of about $40.0M per grant, based on its IRS Form 990 filings.

What is GRHS Holdings Inc's EIN?

GRHS Holdings Inc's EIN (Employer Identification Number) is 42-1193186. IRS Form 990 filing data is available on this page for 2020–2024.

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

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