Altru Health System
- Assets
- $610.0m
- Revenue
- $615.3m
- Investments
- $27.0m
- Employees
- 4,539
- Location
- Grand Forks, ND
- Founding
- 03/1971
- Data as of
- 12/2019
- EIN
- 45-0310462
Altru Health System 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 12/2019, Altru Hospital employed 4,539 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, Altru Hospital generated $615.3m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $623.3m during the year ending 12/2019. While expenses have increased by 4.3% 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, Altru Hospital has awarded 90 individual grants totaling $5,654,129. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2019
Describe the Organization's Mission:
Part 3 - Line 1
HEALTHCARE DELIVERY
Describe the Organization's Program Activity:
Part 3 - Line 4a
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 2019, THERE WERE 312 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 2019, THERE WERE 1,161 HOSPITAL DISCHARGES.
GENERAL SURGERY - ALTRU'S TEAM OF GENERAL SURGEONS PERFORM INPATIENT AND OUTPATIENT SURGERY AND SEE PATIENTS AT ALTRU HOSPITAL, ALTRU MAIN CLINIC, AND SOME OF ALTRU'S REGIONAL CLINICS. IN 2019, THERE WERE 741 GENERAL SURGERY HOSPITAL DISCHARGES.
OTHER PROGRAM SERVICES INCLUDE OTHER PATIENT CARE PROGRAMS.
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Altru Health System Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jody Treuer Board Member/physician | Trustee | 40 | $1,399,494 |
Bernie Dallum Physician | 40 | $1,307,876 | |
Grant Seeger Physician | 40 | $1,291,185 | |
Ikechukwu Onyeka Physician | 40 | $1,218,972 | |
Barry Bjorgaard Physician | 40 | $1,195,672 | |
Brandon Speidel Physician | 40 | $1,160,296 |
Altru Health System Vendors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Medefis Consolidated Services | 12/30/19 | $10,445,080 |
Huron Consulting Services Llc Services | 12/30/19 | $6,711,922 |
Comphealth Medical Staffing Services | 12/30/19 | $4,989,976 |
Epic Systems Corporation Services | 12/30/19 | $3,026,253 |
Mayo Collaborative Services Inc Services | 12/30/19 | $3,010,226 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $2,783,776 |
| Government grants | $3,631,099 |
| All other contributions, gifts, grants, and similar amounts not included above | $108,540 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,523,415 |
| Total Program Service Revenue | $586,994,537 |
| Investment income | $6,029,667 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $15,622,625 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $615,330,989 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,198,117 |
| Grants and other assistance to domestic individuals. | $33,164 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $10,873,398 |
| Compensation of current officers, directors, key employees. | $6,729,027 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $283,121,609 |
| Pension plan accruals and contributions | $17,723,761 |
| Other employee benefits | $28,222,830 |
| Payroll taxes | $17,232,059 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $809,606 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $555,779 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $3,466,071 |
| Travel | $2,514,958 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $6,787,852 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $38,190,809 |
| Insurance | $2,559,754 |
| All other expenses | $15,843,964 |
| Total functional expenses | $623,282,767 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $381,604 |
| Savings and temporary cash investments | $60,406,731 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $72,283,695 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $581,035 |
| Inventories for sale or use | $8,177,489 |
| Prepaid expenses and deferred charges | $5,745,124 |
| Net Land, buildings, and equipment | $237,708,445 |
| Investments—publicly traded securities | $149,056,628 |
| Investments—other securities | $26,987,118 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $48,701,561 |
| Total assets | $610,029,430 |
| Accounts payable and accrued expenses | $53,466,010 |
| Grants payable | $0 |
| Deferred revenue | $733,391 |
| 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 | $252,194,430 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $40,547,516 |
| Total liabilities | $346,941,347 |
| Net assets without donor restrictions | $263,088,083 |
| 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 | $610,029,430 |
Altru Health System Grants Awarded
Over the last fiscal year, Altru Health System has awarded $1,132,781 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
Grand Forks, ND PURPOSE: UND ATHLETICS HIGH PERFORMANCE CENTER; ALTRU TURF FUND | $485,175 |
Grand Forks, ND PURPOSE: WELLNESS CENTER PROJECT; LEGENDS & HEROES PLEDGE | $185,500 |
Grand Forks, ND PURPOSE: GAME DAY SPONSORSHIPS | $108,750 |
CITY OF GRAND FORKS PURPOSE: SOCIAL DETOX FACILITY | $68,500 |
Grand Forks, ND PURPOSE: 2018 & 2019 SUPPORT | $60,000 |
Grand Forks, ND PURPOSE: YMCA PROJECT; FIRECRACKER ROAD RACE | $52,000 |
Altru Health System Grants Recieved
Over the last fiscal year, we have identified 1 grants that Altru Health System has recieved totaling $12,229.
| Awarding Organization | Amount |
|---|---|
Guy And Bertha Ireland Endowment Grand Forks, ND PURPOSE: NURSING SCHOLARSHIPS | $12,229 |
Altru Health System Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
St Cloud Hospital St Cloud, MN | $1,486,537,959 | $931,948,044 |
North Memorial Health Care Robbinsdale, MN | $661,551,956 | $865,106,386 |
Regions Hospital Minneapolis, MN | $984,406,424 | $834,995,997 |
Monument Health Rapid City Hospital Inc Rapid City, SD | $1,290,053,350 | $799,060,312 |
Altru Health System Grand Forks, ND | $610,029,430 | $615,330,989 |
Smdc Medical Center Duluth, MN | $1,429,099,437 | $557,084,627 |
St Lukes Hospital Of Duluth Duluth, MN | $365,911,818 | $521,629,304 |
St Marys Medical Center Duluth, MN | $1,283,053,326 | $475,874,429 |
Kalispell Regional Medical Center Inc Kalispell, MT | $442,714,603 | $452,513,636 |
Scl Health Montana Billings, MT | $833,718,085 | $514,346,368 |
Healtheast St Josephs Hospital Minneapolis, MN | $64,683,152 | $313,460,241 |
St Alexius Medical Center Bismarck, ND | $266,454,652 | $270,899,366 |
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