Saint Elizabeths Hospital Of Wabasha Inc
- Assets
- $25.2m
- Revenue
- $20.5m
- Investments
- $0.0
- Employees
- 498
- Location
- Wabasha, MN
- Founding
- 03/1946
- Data as of
- 12/2020
- EIN
- 41-0693877
Organization Overview
Saint Elizabeths Hospital Of Wabasha Inc, operating under the name Saint Elizabeth's Medical Center, is located in Wabasha, MN. The organization was established in 1946. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2021, Saint Elizabeth's Medical Center employed 498 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Saint Elizabeth's Medical Center is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Saint Elizabeth's Medical Center generated $20.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.5%) each year. All expenses for the organization totaled $21.3m during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (5.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
WE WILL DISTINGUISH OURSELVES THROUGH EXCELLENCE IN PATIENT CARE, EDUCATION, RESEARCH, AND IMPROVED HEALTH IN THE COMMUNITIES WE SERVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SAINT ELIZABETH'S HOSPITAL OF WABASHA, INC. IS A 163-BED HOSPITAL CAMPUS (25 HOSPITAL BEDS, 100 NURSING HOME BEDS, 38 ASSISTED LIVING APARTMENT BEDS) PROVIDING SERVICES WITHOUT REGARD TO PATIENT RACE, CREED, NATIONAL ORIGIN, ECONOMIC STATUS, OR ABILITY TO PAY. DURING FISCAL YEAR 2021, SAINT ELIZABETH'S HOSPITAL OF WABASHA, INC. HAD A TOTAL OF 38,956 PATIENT DAYS (INCLUDES NH/APT DAYS) OF SERVICE. THE HOSPITAL ALSO PROVIDED SERVICES FOR 24,033 OUTPATIENT VISITS, WHICH INCLUDED 2,670 OF EMERGENCY ROOM VISITS AND 340 OUTPATIENT SURGERIES. SEE SCHEDULE H FOR A NON-EXHAUSTIVE LIST OF COMMUNITY BENEFIT PROGRAMS AND DESCRIPTIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amanda J Sterry Aprn | 40 | $269,991 | |
Kurt L Henn Manager, Pharm & Prov Liaison | Officer | 40 | $167,246 |
Kimberly D Wolter Director, Nursing | Officer | 40 | $154,777 |
Richard Zabel Chair | OfficerTrustee | 1 | $0 |
Darlene Theismann Vice-Chair | OfficerTrustee | 1 | $0 |
Cindy Denk Secretary | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Gundersen Health System Contract Labor/medical Services | 12/30/21 | $8,787,078 |
Medxcel Facilities Management Facilities Management | 12/30/21 | $364,070 |
Trimedx Biomedical Contracted Services | 12/30/21 | $392,071 |
Mayo Clinic Ekg Medical Services | 12/30/21 | $126,833 |
Select Rehabiliation Llc Contracted Rehab Services | 12/30/21 | $440,662 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $321,309 |
| Investment income | $6,633 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $18,830 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $20,545,008 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $73,312 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,099,854 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,159,232 |
| Pension plan accruals and contributions | $238,739 |
| Other employee benefits | $2,481,186 |
| Payroll taxes | $767,627 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,781 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,539,527 |
| Advertising and promotion | $33,940 |
| Office expenses | $128,516 |
| Information technology | $36,366 |
| Royalties | $0 |
| Occupancy | $256,870 |
| Travel | $34,918 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $25,396 |
| Interest | $8,356 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $782,184 |
| Insurance | $34,195 |
| All other expenses | $0 |
| Total functional expenses | $21,293,342 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,354,217 |
| Savings and temporary cash investments | $1,006 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $8,136,903 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $29,203 |
| Inventories for sale or use | $784,475 |
| Prepaid expenses and deferred charges | $1,060,012 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $162,509 |
| Total assets | $25,174,071 |
| Accounts payable and accrued expenses | $7,113,615 |
| Grants payable | $0 |
| Deferred revenue | $96,728 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,380,050 |
| Total liabilities | $8,590,393 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $16,583,678 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Saint Elizabeths Hospital Of Wabasha Inc has recieved totaling $15,731.
| Awarding Organization | Amount |
|---|---|
Minnesota Hospital Association St Paul, MN PURPOSE: SPECIAL PATHOGEN PREPAREDNESS AND RESPONSE | $15,731 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Deer River Health Care Center Inc Deer River, MN | $45,625,838 | $43,385,776 |
United Hospital District Inc Blue Earth, MN | $51,620,519 | $43,623,403 |
Centracare Health System Sauk Centre Sauk Centre, MN | $63,807,230 | $38,896,016 |
Essentia Health Moose Lake Moose Lake, MN | $67,296,296 | $51,236,732 |
Morgridge Institute For Researchinc Madison, WI | $39,159,232 | $31,260,275 |
Spooner Health System Inc Spooner, WI | $66,862,131 | $29,208,258 |
Avera Granite Falls Granite Falls, MN | $28,331,941 | $28,529,564 |
Coteau Des Prairies Hospital Sisseton, SD | $23,381,940 | $26,266,200 |
Saint Elizabeths Hospital Of Wabasha Inc Wabasha, MN | $25,174,071 | $20,545,008 |
Aspirus Merrill Hospital & Clinics Inc Wausau, WI | $8,334,832 | $19,364,514 |
Pine Medical Center Sandstone, MN | $36,442,928 | $22,145,209 |
Jackson Recovery Centers Inc Sioux City, IA | $21,242,484 | $18,185,806 |