COMMUNITY HOSPITAL INC

EIN: 420738969 501(c)(3) Health Care

HAMBURG, IA

Total Revenue
$17,126,740
Total Expenses
$16,291,851
Total Assets
$9,111,422
Net Assets
$6,272,993
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1955
Legal Domicile
IA
Principal Officer
CRISTIN HENDRICKSON
Phone
7123821515
Tax Period
2023-10-01 to 2024-09-30

COMMUNITY HOSPITAL INC, founded in 1955, is a mid-sized nonprofit in the Health Care sector that reported $17.1M in total revenue in fiscal year 2023. Revenue surged 31% from the prior year, signaling strong growth momentum. Expenses of $16.3M left a modest 5% surplus.

Mission

GEORGE C. GRAPE COMMUNITY HOSPITAL'S WELL TRAINED MEDICAL STAFF AND HEALTH CARE TEAM WILL STRIVE TO EXCEED PATIENTS' EXPECTATIONS BY PROVIDING CONTINUITY OF PERSONALIZED CARE THROUGH EASY ACCESS TO SERVICES.

Program Service Accomplishments

Program 1
Expenses: $13,691,242 Revenue: $16,412,796

GEORGE C. GRAPE COMMUNITY HOSPITAL IS A 25 BED CRITICAL ACCESS HOSPITAL THAT RECEIVED INITIAL CERTIFICATION ON AUGUST 1, 2001. THE HOSPITAL IS OWNED AND OPERATED BY COMMUNITY HOSPITAL INC., DOING...

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GEORGE C. GRAPE COMMUNITY HOSPITAL IS A 25 BED CRITICAL ACCESS HOSPITAL THAT RECEIVED INITIAL CERTIFICATION ON AUGUST 1, 2001. THE HOSPITAL IS OWNED AND OPERATED BY COMMUNITY HOSPITAL INC., DOING BUSINESS AS GEORGE C. GRAPE COMMUNITY HOSPITAL.AS A CRITICAL ACCESS HOSPITAL, GEORGE C. GRAPE COMMUNITY HOSPITAL PERFORMS AN ANNUAL PROGRAM EVALUATION IN ORDER TO DETERMINE WHETHER THE SERVICE IS APPROPRIATE, ADEQUATE, EFFECTIVE AND EFFICIENT. THIS EVALUATION ALSO DETERMINES WHETHER THE UTILIZATION OF SERVICES WAS APPROPRIATE, ESTABLISHED POLICIES WERE FOLLOWED, DETERMINES ANY CHANGES NEEDED AND RECOMMENDS PROJECTS FOR DEVELOPMENT DURING THE NEXT YEAR. STATISTICAL ANALYSIS: 1.) ACUTE CARE- THERE WERE A TOTAL OF 88 INPATIENT ADMISSIONS DURING FISCAL YEAR 2024 COMPARED TO 79 ADMISSIONS DURING FISCAL YEAR 2023.2.) SWING BED- 43 SWING BED ADMISSIONS WERE RECORDED DURING FISCAL YEAR 2024 COMPARED TO 49 ADMISSIONS DURING FISCAL YEAR 2023. 3.) SURGICAL CASES- THERE WERE A TOTAL OF 148 SURGICAL CASES FOR THE 2024 FISCAL YEAR AS COMPARED TO 155 SURGICAL CASES DURING FISCAL YEAR 2023.4.) OUTPATIENT SERVICES- EMERGENCY ROOM SERVICES DECREASED FROM 871 VISITS IN FISCAL YEAR 2023 TO 847 VISITS IN FISCAL YEAR 2024. LABORATORY SERVICES DECREASED FROM 14,505 IN FISCAL YEAR 2023 TO 14,149 IN FISCAL YEAR 2024. RADIOLOGY SERVICES DECREASED FROM 2,253 IN FISCAL YEAR 2023 TO 2,218 IN FISCAL YEAR 2024. ULTRASOUND SERVICES DECREASED FROM 540 IN FISCAL YEAR 2023 TO 479 IN FISCAL YEAR 2024. NUCLEAR MEDICINE SERVICES DECREASED FROM 40 IN FISCAL YEAR 2023 TO 39 IN FISCAL YEAR 2024.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $632,696
Program Service Revenue $16,412,796
Investment Income $26,619
Other Revenue $54,629
TOTAL REVENUE $17,126,740

Expense Breakdown

Grants Paid $0
Salaries & Benefits $8,079,067
Fundraising Expenses $0
Program Expenses $13,691,242
Other Expenses $8,212,784
TOTAL EXPENSES $16,291,851

Year-over-Year Comparison

2023 2022 Change
Revenue $17,126,740 $13,095,633 +0.3%
Expenses $16,291,851 $14,695,481 +0.1%
Net Income $834,889 $-1,599,848 -1.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
7
Independent Members
7
Employees
141
Volunteers
7

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$330,625
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR THOMAS LARGEN PRESIDENT 1.00
Officer Director
$0 $0 $0
GREG WARDEN VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
CONNIE SMITH SECRETARY/TREASURER 1.00
Officer Director
$0 $0 $0
TROY HENDRICKSON DIRECTOR 1.00
Director
$0 $0 $0
LOA TRIVELY DIRECTOR 1.00
Director
$0 $0 $0
DR MICHAEL WELLS DIRECTOR 1.00
Director
$0 $0 $0
ANGIE ETTLEMAN DIRECTOR 1.00
Director
$0 $0 $0
CRISTIN HENDRICKSON CEO 40.00
Officer
$188,854 $7,511 $196,365
DOUGLAS BRANDT CFO 40.00
Officer
$117,459 $16,801 $134,260
TANYA HAYES DIRECTOR OF NURSING 40.00
Highest
$108,358 $4,861 $113,219
ANGELA MALLAS LAB TECH 40.00
Highest
$110,426 $0 $110,426
HOLLY RIHNER RN 40.00
Highest
$139,074 $0 $139,074
CRAIG WELLS CIO 36.00
Highest
$107,884 $4,871 $112,755
JAMIE HUTT RADIOLOGY SUPERVISOR 40.00
Highest
$116,019 $5,161 $121,180
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $17,126,740 $16,291,851 $9,111,422 $834,889
2023 $13,095,633 $14,695,481 $8,615,904 $-1,599,848
2022 $12,851,962 $14,307,239 $9,958,587 $-1,455,277
2021 $16,443,876 $11,667,164 $11,786,963 $4,776,712
2020 $11,140,774 $11,730,441 $12,403,675 $-589,667
2019 $11,233,056 $11,436,838 $6,082,088 $-203,782
2018 $11,100,184 $11,195,493 $6,249,220 $-95,309
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