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Iowa · Nonprofit

SHENANDOAH MEDICAL CENTER

SHENANDOAH MEDICAL CENTER (Iowa) receives grants from 10 organizations whose IRS filings report $1,740,096 to it, the largest being IVAN & CAROLINE WILSON MEMORIAL TRUST ($1,048,684). 7 of them have funded it in more than one year.

Revenue FY2024
$67M
Funders on record
10
Grants received
$1.7M
Net assets
$44M
7/10 repeat funderspeak grant-dependency 1%
01What it does

What Shenandoah Medical Center does

Mission

To make a difference by providing exceptional patient care.

As stated on its FY2024 Form 990.

Program

  1. Shenandoah Medical Center is a critical access hospital with 25 acute beds. The hospital provides acute and ancillary services to individuals in an inpatient and outpatient setting. During 2024 the hospital provided 1,114 days of acute care, 641 days of skilled care,157 nursery days and 219,263 outpatient occasions of service.

    $54,720,757 spent$63,490,032 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $54,720,757.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($43M) Expenses 100 ($48M) Net assets 100 ($23M)2018 Revenue 102 ($44M) Expenses 98 ($47M) Net assets 83 ($19M)2019 Revenue 102 ($44M) Expenses 91 ($44M) Net assets 91 ($21M)2020 Revenue 114 ($50M) Expenses 94 ($45M) Net assets 109 ($25M)2021 Revenue 124 ($54M) Expenses 101 ($49M) Net assets 135 ($31M)2022 Revenue 118 ($51M) Expenses 102 ($49M) Net assets 137 ($31M)2023 Revenue 138 ($60M) Expenses 111 ($54M) Net assets 167 ($38M)2024 Revenue 155 ($67M) Expenses 130 ($63M) Net assets 192 ($44M)
'17'18'19'20'21'22'23'24
Revenue (155)Expenses (130)Net assets (192)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $65M to $80M (+23%).

$58M
$51M
$51M
$64M
$66M
$65M
$80M
$85M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 0% · 2018 0% · 2020 10% · 2021 9% · 2022 1% · 2023 0% · 2024 4%. Grants only. Government contracts and fees sit inside program revenue.

4% of SHENANDOAH MEDICAL CENTER’s revenue is contributions — about as donation-reliant as the typical peer (7% for the typical peer).

This organization
Typical peer · 4,743 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.

−$4.9M
’17
−$3.1M
’18
$557k
’19
$4.2M
’20
$5.2M
’21
$1.8M
’22
$6.1M
’23
$4.4M
’24
2.5
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Matthew Sells

President & CEO

Board chair

Dennis Grebert

Chairman

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed1816161816161618
Joined·+0+2+5+1+0+6+4
No longer listed·2233062
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 5 funders, grant income rose $0 → $259k.

1 of 10 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 1% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $3.7M from one payer (the payer shares this organization's board, largest Shenandoah Medical Center Foundation). These are real filings, and they are not money SHENANDOAH MEDICAL CENTER raised.

From the IRS filings of SHENANDOAH MEDICAL CENTER’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

SHENANDOAH MEDICAL CENTER leans on a few funders — its largest provides 60% of grant income and the top three 79%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

72% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund SHENANDOAH MEDICAL CENTER.

60%
largest funder
79%
top three
~3
effective funders

Largest funder’s share by year: 2018 79% · 2019 70% · 2020 81% · 2021 41% · 2022 58% · 2023 67% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

33% of SHENANDOAH MEDICAL CENTER's funders are still giving 3 years after their first grant; 70% give in more than one year at all.

first grant+1y+2y+3y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

87% of SHENANDOAH MEDICAL CENTER's grant income comes from Iowa funders.

NY
IA
GA
TX

In-state vs out-of-state, by year

’18
’19
’20
’21
’22
’23
Iowa out of state home

Funder states come from each funder’s own filing. $26k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

SHENANDOAH MEDICAL CENTER runs a healthier operating margin than half of the 4,580 health nonprofits its size.

Operating margin7% · above the median
Months of reserve2.5mo · above the median
Revenue growth (annualized)6% · below the median

this organization peer median middle 50% of peers· 4,580 health nonprofits $10M–$100M, FY2024

Government funding SHENANDOAH MEDICAL CENTER receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $1.1M on record.

Federal$1.1M
grants $1.1Mcontracts $0
19
21
22
Top agencies
  • Department of Agriculture$1.1M

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like SHENANDOAH MEDICAL CENTER

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Iowa

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

87% of spending goes to programs.

Program 87%Management 13%Fundraising 0%

Governance

9
board members
89%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Part of a family of 1 related entity

  • Shenandoah Medical Center Foundation · exempt

Screen this organization

A dated, signed PDF of the compliance screen for SHENANDOAH MEDICAL CENTER: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds SHENANDOAH MEDICAL CENTER?
SHENANDOAH MEDICAL CENTER (Iowa) receives grants from 10 organizations whose IRS filings report $1,740,096 to it, the largest being IVAN & CAROLINE WILSON MEMORIAL TRUST ($1,048,684). 7 of them have funded it in more than one year.
How many funders does SHENANDOAH MEDICAL CENTER have?
IRS filings report 10 organizations giving $1,740,096 in grants to SHENANDOAH MEDICAL CENTER, 7 of which have funded it in more than one year.
Who is the largest funder of SHENANDOAH MEDICAL CENTER?
IVAN & CAROLINE WILSON MEMORIAL TRUST is the largest funder on record, with $1,048,684 in grants. The full list of funders is on this page.
How can an organization like SHENANDOAH MEDICAL CENTER find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Iowa. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Shenandoah Medical Center →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 10 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing