Altru Health System
- Assets
- $1.0b
- Revenue
- $613.6m
- Investments
- $33.6m
- Employees
- 4,090
- Location
- Grand Forks, ND
- Founding
- 03/1971
- Data as of
- 12/2021
- EIN
- 45-0310462
Organization Overview
Altru Health System, operating under the name Altru Hospital, is located in Grand Forks, ND. The organization was established in 1971. 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, Altru Hospital employed 4,090 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Altru Hospital 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, Altru Hospital generated $613.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $582.1m during the year ending 12/2021. While expenses have increased by 2.1% 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.
Since 2014, Altru Hospital has awarded 118 individual grants totaling $9,179,475. 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
HEALTHCARE DELIVERY
Describe the Organization's Program Activity:
ONCOLOGY - ALTRU'S TEAM OF ONCOLOGISTS PROVIDE INPATIENT AND OUTPATIENT CANCER TREATMENT SERVICES TO PATIENTS WITHIN OUR SERVICE REGION AND ALSO PROVIDE OUTREACH CLINIC SERVICES TO COMMUNITIES THROUGHOUT OUR SERVICE AREA. IN 2021, THERE WERE 218 HOSPITAL DISCHARGES.
CARDIOLOGY - ALTRU OFFERS COMPREHENSIVE SERVICES INCLUDING INTERVENTIONAL AND MEDICAL CARDIOLOGY. ADDITIONAL SERVICES INCLUDE ECHOCARDIOGRAPHY, CARDIAC STRESS TESTS, AND CARDIAC REHAB. ALTRU HAS BEEN RECOGNIZED THREE TIMES AS A "100 TOP HOSPITALS" FOR CARDIOVASCULAR CARE. OUR CARDIOLOGY TEAM ALSO PROVIDES OUTREACH CLINIC SERVICES TO COMMUNITIES THROUGHOUT OUR SERVICE AREA. IN 2021, THERE WERE 1026 HOSPITAL DISCHARGES.
GENERAL SURGERY - ALTRU'S TEAM OF GENERAL SURGEONS PERFORM INPATIENT AND OUTPATIENT SURGERY AND SEE PATIENTS AT ALTRU HOSPITAL, ALTRU CLINICS, AND SOME OF ALTRU'S REGIONAL CLINICS. IN 2021, THERE WERE 646 GENERAL SURGERY HOSPITAL DISCHARGES.
OTHER PROGRAM SERVICES INCLUDE OTHER PATIENT CARE PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mevan Wijetunga Physician | 40 | $1,454,249 | |
Grant Seeger Physician | 40 | $1,322,035 | |
Ikechukwu Onyeka Physician | 40 | $1,262,028 | |
Barry Bjorgaard Physician | 40 | $1,145,673 | |
Jason Go Physician | 40 | $1,094,188 | |
Jody Treuer MD Board Member/physician | Trustee | 40 | $1,078,316 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sodexo Inc And Affiliates Services | 12/30/21 | $3,760,711 |
Medifis Consolidated Services | 12/30/21 | $9,274,782 |
Mayo Collaborative Services Inc Services | 12/30/21 | $3,322,665 |
Weatherby Locums Inc Services | 12/30/21 | $2,944,061 |
Epic Systems Corporation Services | 12/30/21 | $2,736,197 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $1,608,942 |
| Government grants | $2,236,012 |
| 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 | $3,844,954 |
| Total Program Service Revenue | $599,169,946 |
| Investment income | $6,838,695 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,619,514 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $613,611,037 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,352,215 |
| Grants and other assistance to domestic individuals. | $30,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $13,243,773 |
| Compensation of current officers, directors, key employees. | $10,027,927 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $273,776,854 |
| Pension plan accruals and contributions | $8,818,052 |
| Other employee benefits | $20,778,671 |
| Payroll taxes | $16,551,591 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $201,567 |
| Fees for services: Investment Management | $950,303 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $399,910 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $8,363,050 |
| Travel | $1,939,418 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $9,266,092 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $28,892,987 |
| Insurance | $3,631,952 |
| All other expenses | $4,599,488 |
| Total functional expenses | $582,081,127 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $322,263 |
| Savings and temporary cash investments | $43,857,237 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $75,687,802 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $453,859 |
| Inventories for sale or use | $9,267,938 |
| Prepaid expenses and deferred charges | $6,644,891 |
| Net Land, buildings, and equipment | $221,381,287 |
| Investments—publicly traded securities | $598,984,874 |
| Investments—other securities | $33,599,757 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $48,992,104 |
| Total assets | $1,039,192,012 |
| Accounts payable and accrued expenses | $96,576,719 |
| Grants payable | $0 |
| Deferred revenue | $2,262,914 |
| 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 | $542,006,380 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $39,024,013 |
| Total liabilities | $679,870,026 |
| Net assets without donor restrictions | $359,321,986 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,039,192,012 |
Grants Awarded
Over the last fiscal year, Altru Health System has awarded $2,299,300 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
Grand Forks, ND PURPOSE: TEARS AND CAREER IMPACT ACADEMY DONATION | $1,010,675 |
Grand Forks, ND PURPOSE: UND ATHLETICS HIGH PERFORMANCE CENTER; ALTRU TURF FUND; CHAMPION BALL | $508,567 |
CITY OF GRAND FORKS PURPOSE: SOCIAL DETOX FACILITY, BACK THE BADGE, PSAP | $234,758 |
Grand Forks, ND PURPOSE: WELLNESS CENTER, HEROES AND LEGENDS, EXPEDITION LEAGUE SPONSOR | $205,500 |
Grand Forks, ND PURPOSE: SPONSORSHIP/SUPPORT | $100,000 |
GRAND FORKS PUBLIC SCHOOLS PURPOSE: GENERAL SUPPORT AND SUPPORT REPLACEMENT, MAINTENANCE ADN REPAIR OF THE TRACK/TURF AT CUSMAN FIELD ATHLETIC COMPLEX | $75,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Altru Health System has recieved totaling $1,777,440.
| Awarding Organization | Amount |
|---|---|
Altru Health Foundation Grand Forks, ND PURPOSE: FACILITY ENHANCEMENTS, PROGRAM SUPPORT, EDUCATIONAL SUPPORT, PATIENT NEEDS, EMPLOYEE SUPPORT, EQUIPMENT NEEDS OF MEDICAL DEPARTMENTS, GENERAL PROGRAM NEEDS. | $1,608,942 |
Mayo Clinic Rochester, MN PURPOSE: SUPPORT CHARITABLE PROGRAMS | $152,498 |
Alliance Nctn Foundation Chicago, IL PURPOSE: INSTITUTIONAL SUPPORT FOR CANCER RESEARCH | $16,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
St Cloud Hospital St Cloud, MN | $1,702,572,092 | $1,117,982,242 |
Monument Health Rapid City Hospital Inc Rapid City, SD | $1,522,340,119 | $951,840,989 |
Regions Hospital Minneapolis, MN | $1,151,249,927 | $936,558,758 |
North Memorial Health Care Robbinsdale, MN | $764,114,547 | $789,881,568 |
Smdc Medical Center Duluth, MN | $1,099,340,280 | $663,367,068 |
Altru Health System Grand Forks, ND | $1,039,192,012 | $613,611,037 |
St Lukes Hospital Of Duluth Duluth, MN | $424,508,169 | $537,764,798 |
Benefis Hospitals Inc Great Falls, MT | $1,107,455,974 | $564,158,876 |
Scl Health Montana Billings, MT | $989,559,217 | $521,618,398 |
St Marys Medical Center Duluth, MN | $1,124,389,791 | $523,229,522 |
Kalispell Regional Medical Center Inc Kalispell, MT | $442,714,603 | $452,513,636 |
Healtheast St Josephs Hospital Minneapolis, MN | $64,372,627 | $339,665,601 |