Regions Hospital

Organization Overview

Regions Hospital is located in Minneapolis, MN. The organization was established in 1987. 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, Regions Hospital employed 6,406 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, Regions Hospital generated $835.0m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $794.4m during the year ending 12/2019. While expenses have increased by 3.0% 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.

Since 2014, Regions Hospital has awarded 22 individual grants totaling $3,429,893. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

TO IMPROVE THE HEALTH OF OUR PATIENTS AND COMMUNITY BY PROVIDING HIGH QUALITY HEALTH CARE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE SCHEDULE O - EXEMPT PURPOSE AND ACHIEVEMENTS FOR A DESCRIPTION OF PROGRAM SERVICE ACCOMPLISHMENTS


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Kraus-anderson Const Co
Construction
$49,122,299
University Of Minnesota
Physician Services
$7,720,610
Health Systems Coop Laundries
Cleaning & Laundry
$2,948,911
Southvalley Medical Build Llc
Property Lease
$2,755,083
Twin Cities Anesthesia Assoc
Medical Services
$2,023,645
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$1,519,708
Government grants $5,957,320
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$7,477,028
Total Program Service Revenue$811,375,727
Investment income $16,118,242
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $25,000
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 $834,995,997

Grants Awarded

Over the last fiscal year, Regions Hospital has awarded $912,282 in support to 7 organizations.

Grant RecipientAmount

REGIONS HOSPITAL FOUNDATION

Org PageRecipient Profile

Minneapolis, MN

PURPOSE: PROGRAM SUPPORT

$623,000

CATHOLIC CHARITIES

Org PageRecipient Profile

Minneapolis, MN

PURPOSE: PROGRAM SUPPORT

$256,600

THE ORDWAY CENTER FOR THE PERFORMING ARTS

Org PageRecipient Profile

Saint Paul, MN

PURPOSE: PROGRAM SUPPORT

$10,000

PROGRAM FOR AND TO VICTIMS OF SEXUAL ASSAULT

Org PageRecipient Profile

Duluth, MN

PURPOSE: PROGRAM SUPPORT

$7,682

COMMONBOND COMMUNITIES

Org PageRecipient Profile

St Paul, MN

PURPOSE: PROGRAM SUPPORT

$5,000

BOY SCOUTS NORTHERN STAR COUNCIL

Org PageRecipient Profile

Fort Snelling, MN

PURPOSE: PROGRAM SUPPORT

$5,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Regions Hospital has recieved totaling $2,156,264.

Awarding OrganizationAmount
Regions Hospital Foundation

Minneapolis, MN

PURPOSE: CAPITAL EXPENDITURES

$1,933,071
Healthpartners Institute

Minneapolis, MN

PURPOSE: PROGRAM SUPPORT

$160,000
Centracare Health System

St Cloud, MN

PURPOSE: LITTLE MOMENTS COUNT FUND - TO ADVANCE EARLY BRAIN DEVELOPMENT WORK.

$25,000
Hennepin Healthcare System Inc

Minneapolis, MN

PURPOSE: EMERGENCY PREPAREDNESS

$23,193
Gillette Childrens Specialty Health Care

Saint Paul, MN

PURPOSE: Family Birth Center

$15,000
View Grant Recipient Profile

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