Charity Impact Media

Home › Health care

Virginia Gay Hospital

Vinton, IA · EIN 42-1231996 · 501(c)(3) · Hospital or medical research organization
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Virginia Gay Hospital reported $44.8 million in revenue and $39.7 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $83.80 went to program services, $15.89 to management and general costs and $0.31 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 93.4% of the total. The highest compensation it reported for one person was $696,296 (Director thru 7/2/2024). 31 people received more than $100,000 in reportable compensation. Revenue rose 49% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $40M

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $45M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,634 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
83.8%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
15.9%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.3%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.13$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
2.1%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
1.7%0.1%
Program service revenue share
Part VIII 2g ÷ 12
93.4%93.7%
Highest reported compensation
Part VII-A, columns D–F
$696,296$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.75%1.34%
People paid over $100,000
Part VII, line 2
3127
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
16.26.6
Independent voting board members
Part VI 1a–1b
6 of 988.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$33M expenses · 100.0% of program spending · grants $14,000 · revenue $42M

Virginia Gay Hospital is a 25-bed acute care hospital and a 40-bed long-term care facility located in Vinton, Iowa. The Hospital leads delivery of healthcare to its region through over 300 associates (including 19 providers) who coordinate care to deliver patient care as an integrated unit. Virginia Gay Hospital and its affiliates also work seamlessly to meet the needs of the communities they serve. The Hospital provides care to patients and residents who meet certain criteria under its charity care policy without charge or at amounts less than established rates. Because the Hospital does not…

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
Director thru 7/2/2024
Director/trustee, 40.50 hrs/week
$671,553$0$24,743$696,296
Director
Director/trustee, 40.50 hrs/week
$505,124$0$40,102$545,226
Director
Director/trustee, 40.50 hrs/week
$302,527$0$35,846$338,373
PA-C ER/Hospitalist
Highest compensated employee, 40.00 hrs/week
$294,315$0$16,370$310,685
ER/Hospitalist
Highest compensated employee, 40.00 hrs/week
$274,082$0$35,210$309,292
Family Medicine
Highest compensated employee, 40.00 hrs/week
$240,576$0$21,980$262,556
CFO
Officer, 40.00 hrs/week
$246,901$0$4,807$251,708
Family Medicine
Highest compensated employee, 40.00 hrs/week
$225,103$0$12,838$237,941

31 people received more than $100,000 in reportable compensation from Virginia Gay Hospital (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.3M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$20M$40M$60M$80MFY2020FY2021FY2022FY2023FY2024FY2025$45M$40M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$45M$40M83.8%$54M$696,296
FY2024 ⓘ$48M$38M83.5%$47M$643,067
FY2023 ⓘ$36M$36M86.5%$37M$723,434
FY2022 ⓘ$35M$34M86.5%$36M$706,368
FY2021 ⓘ$39M$31M86.2%$36M$664,296
FY2020 ⓘ$30M$30M84.7%$27M$657,793

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b9 · 6 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5393
  • Volunteers Part I, line 610

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
National Therapeutic Association
Physical/Occupational/Speech Therapy
$980,479
Iowa Anesthesia LC
CRNA & Ultrasound
$595,969
Medical Solutions LLC
Contract Staffing (RN, LPN, CNA)
$436,865
Health Enterprises of Iowa
Echo Doppler
$166,413
Eide Bailly LLP
Consulting Services
$155,761

Individuals listed as contractors are left out. 8 contractors were paid more than $100,000 in all.

Correct a figure or respond

Every number above is copied from Virginia Gay Hospital's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Virginia Gay Hospital, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All health care charities · Largest charities in Iowa

Questions people ask

How much of Virginia Gay Hospital's spending goes to programs?

In the fiscal year ending June 30, 2025, Virginia Gay Hospital reported that 83.8% of its $39.7 million in expenses went to program services, 15.9% to management and general and 0.3% to fundraising (Form 990, Part IX).

How much does Virginia Gay Hospital pay its top executive?

The largest total compensation Virginia Gay Hospital reported for one person in the fiscal year ending June 30, 2025 was $696,296, for the role of Director thru 7/2/2024 (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Virginia Gay Hospital get its money?

Of $44.8 million in revenue in the fiscal year ending June 30, 2025, 2.1% came from contributions and grants (including 1.7% from government grants) and 93.4% from program service revenue (Form 990, Part VIII).

Is Virginia Gay Hospital a registered charity?

The IRS lists EIN 42-1231996 as a 501(c)(3) organization (hospital or medical research organization), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202600519349300705 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202501359349310110 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202400459349302870 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202340679349300909 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202210669349300801 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202131109349301623 · read the filing

All filings for EIN 42-1231996: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.