Prairie Lakes Health Care System Inc

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.

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.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Wapiti Medical Group
Locum Coverage
$299,526
Comphealth
Locum Coverage
$443,848
Casey D Johnston Md
Locum Physician
$203,450
Ghaith Aboud Md
Locum Physician
$571,900
Dms Health Technologies
Pet Scan
$290,410
View All Vendors

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

Grants Awarded

Over the last fiscal year, Prairie Lakes Health Care System Inc has awarded $145,175 in support to 6 organizations.

Grant RecipientAmount

HUMAN SERVICE AGENCY

Org PageRecipient Profile

Waterton, SD

PURPOSE: DETOX UNIT SUPPORT

$50,000

WATERTOWN DEVELOPMENT CORP

Org PageRecipient Profile

Watertown, SD

PURPOSE: SUPPORT NEW BUSINESS DEVELOPMENT

$40,000

WATERTOWN AREA UNITED WAY

Org PageRecipient Profile

Watertown, SD

PURPOSE: SUPPORT OF UNITED WAY AGENCIES.

$26,250

Sioux Falls, SD

PURPOSE: SUPPORT OF FAMILY PLANNING CLINIC.

$15,000

LAKE AREA TECHNICAL INSTITUTE FOUNDATION

Org PageRecipient Profile

Watertown, SD

PURPOSE: SCHOLARSHIPS.

$8,925

GLACIAL LAKES MULTICULTURAL CENTER

Org PageRecipient Profile

Watertown, SD

PURPOSE: AGENCIES SUPPORT

$5,000
View Grant Profile

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 OrganizationAmount
Watertown Community Foundation

Watertown, SD

PURPOSE: HEALTH CARE

$28,383
View Grant Recipient Profile

Peer Organizations

Organization NameAssets
St Cloud Hospital
St Cloud, MN
$931,948,044
Central Iowa Hospital Corporation
Des Moines, IA
$914,986,157
North Memorial Health Care
Robbinsdale, MN
$865,106,386
Catholic Health Initiatives-Iowa Corp
Des Moines, IA
$817,241,108
Regions Hospital
Minneapolis, MN
$834,995,997
Monument Health Rapid City Hospital Inc
Rapid City, SD
$799,060,312
Altru Health System
Grand Forks, ND
$615,330,989
Bryan Medical Center
Lincoln, NE
$692,852,146
Smdc Medical Center
Duluth, MN
$557,084,627
Nebraska Methodist Hospital
Omaha, NE
$634,476,621
St Lukes Hospital Of Duluth
Duluth, MN
$521,629,304
Kalispell Regional Medical Center Inc
Kalispell, MT
$486,020,179

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