Grand Island Regional Medical Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 4,862,034 | 20,828,100 | −15,966,066 | -10.0 | 28% |
| 2021 | 40,825,910 | 57,792,530 | −16,966,620 | -7.1 | 37% |
| 2022 | 54,330,898 | 75,007,534 | −20,676,636 | -8.8 | 32% |
| 2023 | 67,810,497 | 82,924,006 | −15,113,509 | -10.1 | 32% |
In its most recent public year (2023), this organization spent $15,113,509 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-10.1 months). Staff pay was 32% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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