Prairie Lakes Health Care System Inc
- Assets
- $318.6m
- Revenue
- $116.0m
- Investments
- $4.1m
- Employees
- 665
- Location
- Watertown, SD
- Founding
- 04/1987
- Data as of
- 05/2020
- EIN
- 46-0391067
Organization Overview
Prairie Lakes Health Care System Inc is located in Watertown, SD. 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 05/2020, Prairie Lakes Health Care System Inc employed 665 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 05/2020, Prairie Lakes Health Care System Inc generated $116.0m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $102.2m during the year ending 05/2020. While expenses have increased by 4.1% 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 2015, Prairie Lakes Health Care System Inc has awarded 41 individual grants totaling $3,222,232. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE HIGH QUALITY, AFFORDABLE & COMPASSIONATE HEALTHCARE SERVICES FOR THE PEOPLE IN THE REGION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRAIRIE LAKES HEALTH CARE SYSTEM SERVES TEN COUNTIES IN NORTHEASTERN SOUTH DAKOTA AND WESTERN MINNESOTA AS A RURAL, REGIONAL MEDICAL CENTER. IT IS COMMITTED TO PROVIDING ACCESSIBLE, HIGH QUALITY, COST-EFFECTIVE HEALTHCARE SERVICES AS IT MANAGES EFFECTIVELY THE TRANSITION TO NEW PAYMENT AND CARE DELIVERY MODELS. TWENTY-FIVE SPECIALTY PHYSICIANS HAVE BEEN RECRUITED OVER THE PAST DECADE TO BUILD NEW SERVICES AND BETTER SERVE THE NEEDS OF THE REGION. A PULMONOLOGIST JOINED THE STAFF IN 2019 AFTER COMPLETING RESIDENCY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Evelio Garcia MD Physician | 40 | $1,291,941 | |
Salem Maaliki MD Physician | 40 | $1,224,451 | |
Jeffrey Smith MD Physician | 40 | $787,695 | |
Mian Javaid MD Physician | 40 | $615,138 | |
Leighton Singh MD Physician | 40 | $588,005 | |
Kc Deboer Chief Executive Officer | Officer | 40 | $399,220 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Wapiti Medical Group Locum Coverage | 5/30/20 | $299,526 |
Comphealth Locum Coverage | 5/30/20 | $443,848 |
Casey D Johnston Md Locum Physician | 5/30/20 | $203,450 |
Ghaith Aboud Md Locum Physician | 5/30/20 | $571,900 |
Dms Health Technologies Pet Scan | 5/30/20 | $290,410 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,392,368 |
| All other contributions, gifts, grants, and similar amounts not included above | $54,610 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,446,978 |
| Total Program Service Revenue | $98,526,177 |
| Investment income | -$122,706 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,134,434 |
| Net Gain/Loss on Asset Sales | $13,613,327 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $115,979,854 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $166,878 |
| 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. | $1,921,056 |
| Compensation of current officers, directors, key employees. | $1,921,056 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $42,686,660 |
| Pension plan accruals and contributions | $1,014,458 |
| Other employee benefits | $3,566,102 |
| Payroll taxes | $2,913,471 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $34,528 |
| 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 | $7,230,921 |
| Advertising and promotion | $495,489 |
| Office expenses | $1,703,112 |
| Information technology | $766,903 |
| Royalties | $0 |
| Occupancy | $909,089 |
| Travel | $309,207 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $198,575 |
| Interest | $876,789 |
| Payments to affiliates | $7,008,495 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $419,745 |
| All other expenses | $1,295,171 |
| Total functional expenses | $102,182,844 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,573 |
| Savings and temporary cash investments | $14,289,538 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $8,119,474 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $566,789 |
| Inventories for sale or use | $3,361,151 |
| Prepaid expenses and deferred charges | $1,155,840 |
| Net Land, buildings, and equipment | $80,053,118 |
| Investments—publicly traded securities | $185,098,262 |
| Investments—other securities | $4,137,187 |
| Investments—program-related | $0 |
| Intangible assets | $3,458,036 |
| Other assets | $18,393,067 |
| Total assets | $318,634,035 |
| Accounts payable and accrued expenses | $13,575,123 |
| Grants payable | $0 |
| Deferred revenue | $5,218,055 |
| Tax-exempt bond liabilities | $29,737,808 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $443,973 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,936,863 |
| Total liabilities | $54,911,822 |
| Net assets without donor restrictions | $259,890,520 |
| Net assets with donor restrictions | $3,831,693 |
| 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 | $318,634,035 |
Grants Awarded
Over the last fiscal year, Prairie Lakes Health Care System Inc has awarded $145,175 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Waterton, SD PURPOSE: DETOX UNIT SUPPORT | $50,000 |
Watertown, SD PURPOSE: SUPPORT NEW BUSINESS DEVELOPMENT | $40,000 |
Watertown, SD PURPOSE: SUPPORT OF UNITED WAY AGENCIES. | $26,250 |
Sioux Falls, SD PURPOSE: SUPPORT OF FAMILY PLANNING CLINIC. | $15,000 |
Watertown, SD PURPOSE: SCHOLARSHIPS. | $8,925 |
Watertown, SD PURPOSE: AGENCIES SUPPORT | $5,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Prairie Lakes Health Care System Inc has recieved totaling $28,383.
| Awarding Organization | Amount |
|---|---|
Watertown Community Foundation Watertown, SD PURPOSE: HEALTH CARE | $28,383 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
St Cloud Hospital St Cloud, MN | $1,486,537,959 | $931,948,044 |
Central Iowa Hospital Corporation Des Moines, IA | $1,259,331,686 | $914,986,157 |
North Memorial Health Care Robbinsdale, MN | $661,551,956 | $865,106,386 |
Catholic Health Initiatives-Iowa Corp Des Moines, IA | $1,021,035,326 | $817,241,108 |
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 |
Bryan Medical Center Lincoln, NE | $1,021,750,525 | $692,852,146 |
Smdc Medical Center Duluth, MN | $1,429,099,437 | $557,084,627 |
Nebraska Methodist Hospital Omaha, NE | $953,272,488 | $634,476,621 |
St Lukes Hospital Of Duluth Duluth, MN | $365,911,818 | $521,629,304 |
Kalispell Regional Medical Center Inc Kalispell, MT | $627,456,099 | $486,020,179 |