North Memorial Health Care

Organization Overview

North Memorial Health Care is located in Robbinsdale, MN. The organization was established in 1941. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2019, North Memorial Health Care employed 6,094 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 12/2019, North Memorial Health Care generated $865.1m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $847.7m during the year ending 12/2019. While expenses have increased by 3.4% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

EMPOWERING OUR CUSTOMERS TO ACHIEVE THEIR BEST HEALTH.

Describe the Organization's Program Activity:

Part 3 - Line 4a

NORTH MEMORIAL HEALTH CARE DBA NORTH MEMORIAL HEALTH IS A HEALTHCARE SYSTEM THAT INCLUDES A GENERAL ACUTE CARE HOSPITAL PROVIDING HIGHLY SPECIALIZED TRAUMA AND EMERGENCY SERVICES, CORONARY CARE, OPEN HEART SURGERY, ONCOLOGY, HIGH RISK MATERNITY AND NEONATAL CARE, AND GENERAL MEDICAL: SURGICAL, OBSTETRICAL, PEDIATRIC, REHABILITATION, BEHAVIORAL HEALTH, MEDICAL TRANSPORTATION AND HOME HEALTH AND HOSPICE SERVICES PLUS PRIMARY AND SPECIALTY CARE CLINICS. NORTH MEMORIAL HEALTH'S MISSION IS EMPOWERING ITS CUSTOMERS TO ACHIEVE THEIR BEST HEALTH. IN ADDITION TO CHARITY AND UNCOMPENSATED CARE, NORTH MEMORIAL HEALTH ALSO PROVIDES NUMEROUS COMMUNITY BENEFITS (AT NO COST OR BELOW COST) IN FURTHERANCE OF ITS CHARITABLE PURPOSE. NORTH MEMORIAL HEALTH OFFERS VARIOUS COMMUNITY-BASED PROGRAMS INCLUDING HEALTH SCREENINGS, SUPPORT COUNSELING FOR PARENTS AND FAMILIES, PASTORAL CARE, CRISIS INTERVENTION, TRANSPORTATION TO AND FROM THE HOSPITAL CAMPUS, AND THE DONATION OF SPACE FOR USE BY COMMUNITY GROUPS. ADDITIONALLY, A LARGE NUMBER OF HEALTH-RELATED EDUCATIONAL PROGRAMS ARE PROVIDED FOR THE BENEFIT OF THE COMMUNITY, INCLUDING WELLNESS SEMINARS AND CLASSES ON SPECIFIC CONDITIONS. NORTH MEMORIAL HEALTH ALSO PROVIDES MEDICAL CARE WITHOUT CHARGE OR AT REDUCED COSTS TO RESIDENTS OF ITS COMMUNITY, PRIMARILY THROUGH (A) THE DIFFERENCES BETWEEN PUBLIC PROGRAM PAYMENTS (PRIMARILY MEDICARE AND MEDICAID) AND THE RELATED COSTS OF PROVIDING SUCH SERVICES, AND (B) SERVICES PROVIDED TO PATIENTS EXPRESSING A WILLINGNESS TO PAY BUT WHO ARE DETERMINED UNABLE TO PAY BECAUSE OF ECONOMIC FACTORS. IN ADDITION, NORTH MEMORIAL HEALTH CONTRIBUTES TO FUNDING MEDICAL CARE FOR THE UNINSURED THROUGH PAYMENT OF PATIENT SERVICE TAXES, WHICH INCLUDE THE MEDICAID SURCHARGE AND THE MINNESOTA CARE TAX ON CERTAIN NET REVENUE.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Brandfire Llc
Media Advertising
$2,191,528
Regents Of The University Of Minnesota
Medical Resident And Fellow Training
$5,124,993
Voyage Healthcare
Physician Services
$12,819,938
Respiratory Consultants Pa
Intensivists Staffing
$4,598,352
University Of Minnesota Physicians
Physician Services
$2,426,915
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$580,322
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,257,663
Noncash contributions included in lines 1a–1f $611,735
Total Revenue from Contributions, Gifts, Grants & Similar$1,837,985
Total Program Service Revenue$848,432,419
Investment income $542,198
Tax Exempt Bond Proceeds $2,126
Royalties $0
Net Rental Income $169,975
Net Gain/Loss on Asset Sales $14,121,683
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $865,106,386

Grants Recieved

Over the last fiscal year, we have identified 4 grants that North Memorial Health Care has recieved totaling $589,528.

Awarding OrganizationAmount
North Memorial Foundation

Robbinsdale, MN

PURPOSE: GRANTS IN CONNECTION WITH CANCER RELATED PROGRAMS

$548,318
North Memorial Foundation

Robbinsdale, MN

PURPOSE: TO SUPPORT NEONATAL INTENSIVE CARE UNIT PROGRAMS AND SERVICES

$26,042
Hennepin Healthcare System Inc

Minneapolis, MN

PURPOSE: EMERGENCY PREPAREDNESS

$10,148
Hennepin Healthcare System Inc

Minneapolis, MN

PURPOSE: EMERGENCY PREPAREDNESS

$5,020
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$2,919,654
Earnings$659,124
Net Contributions$7,300
Grants$52,094
Ending Balance$3,533,984

Create an account to unlock the data you need.

or