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 12/2021, 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. North Memorial Health Care 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 12/2021, North Memorial Health Care generated $789.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $732.6m during the year ending 12/2021. While expenses have increased by 0.3% per year over the past 7 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 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

EMPOWERING OUR CUSTOMERS TO ACHIEVE THEIR BEST HEALTH.

Describe the Organization's Program Activity:

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 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.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Mayo Collaborative Services
Lab Services
$5,775,077
Respiratory Consultants Pa
Intensivists Staffing
$5,268,424
Regents Of University Of Mn
Physician Services
$4,651,141
Favorite Healthcare Staffing
Temporary Staffing
$10,343,293
Epic
Software Maintenance
$3,785,591
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$164,528
Government grants $8,387,189
All other contributions, gifts, grants, and similar amounts not included above$3,414,874
Noncash contributions included in lines 1a–1f $7,195
Total Revenue from Contributions, Gifts, Grants & Similar$11,966,591
Total Program Service Revenue$717,275,411
Investment income $6,764,184
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $1,053,327
Net Gain/Loss on Asset Sales $52,822,055
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $789,881,568

Grants Awarded

Over the last fiscal year, North Memorial Health Care has awarded $610,860 in support to 5 organizations.

Grant RecipientAmount

CREATIVE CUTURAL EXCHANGE

Org PageRecipient Profile

St Louis Park, MN

PURPOSE: IN SUPPORT OF PROJECT "WECARE"

$533,860

PORTICO HEALTHNET

Org PageRecipient Profile

St Paul, MN

PURPOSE: TO SUPPORT CHARITABLE PURPOSE OF ORGANIZATION

$50,000

MARTIN LUTHER KING BREAKFAST

Org PageRecipient Profile

Columbus, OH

PURPOSE: TO SUPPORT CHARITABLE PURPOSE OF ORGANIZATION

$10,000

Minneapolis, MN

PURPOSE: SUPPORT AND TRAIN DIVERSE LIFEGUARDS

$10,000

GAY-LESBIAN-BISEXUAL TRANSGENDER PRIDE - TWIN CITIES

Org PageRecipient Profile

Minneapolis, MN

PURPOSE: TO SUPPORT CHARITABLE PURPOSE OF ORGANIZATION

$7,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that North Memorial Health Care has recieved totaling $433,817.

Awarding OrganizationAmount
North Memorial Foundation

Robbinsdale, MN

PURPOSE: TO SUPPORT COVID-19 EMERGENCY, INPATIENT MENTAL HEALTH SERVICES, OTHER PATIENT AND EMPLOYEE NEEDS

$371,817
Reva & David Logan Foundation

Chicago, IL

PURPOSE: CONNECTING WITH INDIVIDUALS AT HOME: IMPROVING HEALTH OUTCOMES

$55,000
New Brighton Lions Club

New Brighton, MN

PURPOSE: MEDICAL BILLS

$7,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$2,665,779
Earnings$333,957
Net Contributions$2,772
Grants$3,630
Ending Balance$2,998,878

Peer Organizations

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