Public Charity

LORING HOSPITAL

Based in SAC CITY, IA, LORING HOSPITAL operates as a Public Charity. The organization reported $25.1M in revenue, $18.9M in expenses, $56.5M in total assets for fiscal year 2025.

EIN: 421418132 SAC CITY, IA General Hospitals NTEE: E22 Latest filing: 2025
Total Revenue$25.1M
Total Expenses$18.9M
Total Assets$56.5M
Grant Records0
Filing Years2021–2025

Mission

TO IMPROVE THE HEALTH OF THE CITIZENS OF OUR COMMUNITY THROUGH HEALING, CARING, AND EDUCATION, AND BY PROVIDING QUALITY HEALTH CARE WITH A PERSONAL TOUCH IN A COST EFFECTIVE MANNER.

Where $100 goes at Loring Hospital

How Loring Hospital divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.

$81 Programs the work itself
$19 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $81 for programs

$69
Loring Hospital is an important element of the health-care delivery system that the sac county community relies on every day
86% of program spending · Reported in the filing: 105 patients; 2,267 visits
$12
Loring Hospital provides charity care and other means-tested programs with the goal to improve the community's overall health and access to care
14% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

VICE-CHAIR Andy Meredith
DIRECTOR Dr Zolton Pek
DIRECTOR Evan Hecht
CHAIR Frank Richardson
DIRECTOR Kay Blessington
DIRECTOR Kodi Brotherson

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $25.1M $18.9M $56.5M
2024 $21.8M $18.3M $33.2M
2023 $18.4M $16.7M $28.1M
2022 $18.2M $15.9M $27.5M
2021 $18.7M $14.3M $29.3M

Between 2021 and 2025, reported annual revenue grew from $18.7M to $25.1M (+34%), with total assets most recently reported at $56.5M.

Interactive year-over-year charts and full filing details available with membership.

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