Mbp Facility Llc
- Assets
- $33.5m
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 04/2015
- Data as of
- 12/2021
- EIN
- 45-4078371
Organization Overview
Mbp Facility Llc is located in Minneapolis, MN. The organization was established in 2015. According to its NTEE Classification (E19) the organization is classified as: Support N.E.C., under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mbp Facility Llc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO LEASE LAND FOR A PUBLIC HOSPITAL, CONSTRUCT, OWN AND OPERATE A HOSPITAL FACILITY ON THE LAND, AND LEASE THE FACILITY TO A CONTRACTUAL JOINT VENTURE COMPOSED SOLELY OF PUBLIC HOSPITAL MEMBERS FOR PUBLIC HOSPITAL USE PURPOSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MBP FACILITY, LLC PROVIDES A FACILITY FOR AN INTEGRATED MOTHER-BABY JOINT VENTURE ACROSS TWO NON-PROFIT TAX EXEMPT HEALTH CARE SYSTEMS. THE FACILITY INTEGRATES ALLINA HEALTH SYSTEM'S ABBOTT NORTHWESTERN HOSPITAL MATERNAL ASSESSMENT, LABOR AND DELIVERY, ANTEPARTUM AND POSTPARTUM UNITS, AND NEWBORN AND SPECIAL CARE NURSERIES WITH CHILDRENS HEALTH CARE'S INTENSIVE CARE UNITS. THE MOTHER-BABY CENTER PROVIDES FOR CENTRALIZATION OF SERVICES AND COORDINATED CARE FOR OUR PATIENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Penny Wheeler MD Director/officer | OfficerTrustee | 1 | $0 |
Marc Gorelick MD Governor/treasurer | OfficerTrustee | 1 | $0 |
Trevor Sawallish Former Governor | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $0 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| 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 | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,964,222 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,964,222 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $33,492,901 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $33,492,901 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $33,492,901 |
| 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 | $33,492,901 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
D&t Facility Management Company St Paul, MN | $0 | $9,375,360 |
Nuway Alliance Minneapolis, MN | $20,306,360 | $15,942,429 |
Central Iowa Health Properties Corporation Des Moines, IA | $56,150,433 | $5,306,089 |
Otto Schoitz Foundation Waterloo, IA | $68,331,413 | $12,915,755 |
Mbp Facility Llc Minneapolis, MN | $33,492,901 | $0 |
Wilderness Health Two Harbors, MN | $1,715,347 | $1,435,030 |
Twin City Christian Homes Inc Richfield, MN | $3,874,216 | $436,963 |
Minnesota Medication Repository Program Minneapolis, MN | $133,550 | $565,566 |
Deuel County Memorial Hospital Clear Lake, SD | $3,885,999 | $273,743 |
Towner County Hospital Authority Cando, ND | $5,364,276 | $3,599,010 |
Baraboo River Equine-Assisted Therapies Inc Baraboo, WI | $318,959 | $196,787 |
Dakota Hospital Association And Foundation Vermillion, SD | $7,077,333 | $362,653 |