Glencoe Regional Health Services

Organization Overview

Glencoe Regional Health Services, operating under the name Glencoe Regional Health, is located in Glencoe, MN. The organization was established in 2000. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. As of 12/2021, Glencoe Regional Health employed 733 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Glencoe Regional Health 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, Glencoe Regional Health generated $77.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $68.1m during the year ending 12/2021. While expenses have increased by 3.7% 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 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO IMPROVE EVERY LIFE BY OFFERING HIGH-QUALITY, SAFE, AND ACCESSIBLE HEALTHCARE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

HOSPITAL - THE FACILITY IS LICENSED FOR 49 BEDS. MEDICAL/SURGICAL SERVICES ARE PROVIDED FOR ACUTE AND SWING BED PATIENTS. MAJOR SERVICES PROVIDED INCLUDE ER, MEDICAL IMAGING, SURGERY, LABORATORY, REHABILITATION THERAPY AND CLINIC SERVICES.


NURSING HOME - THE LONG-TERM CARE UNIT IS A 108-BED SKILLED NURSING FACILITY, WITH ALL BEDS MEDICARE AND MEDICAID CERTIFIED.


INDEPENDENT SENIOR LIVING - ORCHARD ESTATES IS A 40-UNIT SENIOR HOUSING COMPLEX COMPRISED OF ONE- AND TWO-BEDROOM APARTMENTS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Park Nicolletmethodist Hospital
Management & Physician Services
$734,779
Premier Staffing Inc
Physician Services
$918,000
Allina Health Laboratory
Reference Lab
$429,060
Healogics Wound Care
Wound Center Management
$358,663
Cliftonlarsonallen Llp
Financial Services
$255,418
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $2,938,353
All other contributions, gifts, grants, and similar amounts not included above$1,111,403
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$4,049,756
Total Program Service Revenue$70,570,171
Investment income $833,332
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $47,795
Net Gain/Loss on Asset Sales $1,974,783
Net Income from Fundraising Events $1,605
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $965
Miscellaneous Revenue$0
Total Revenue $77,673,503

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Glencoe Regional Health Services has recieved totaling $457,747.

Awarding OrganizationAmount
$221,008
$221,008
Minnesota Hospital Association

St Paul, MN

PURPOSE: SPECIAL PATHOGEN PREPAREDNESS AND RESPONSE

$15,731
View Grant Recipient Profile

Peer Organizations

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