Stillwater Medical Group
- Assets
- $20.8m
- Revenue
- $157.6k
- Investments
- $0.0
- Employees
- 495
- Location
- Minneapolis, MN
- Founding
- 01/2005
- Data as of
- 12/2021
- EIN
- 83-0379473
Organization Overview
Stillwater Medical Group is located in Minneapolis, MN. The organization was established in 2005. According to its NTEE Classification (E30) the organization is classified as: Ambulatory & Primary Health Care, under the broad grouping of Health Care and related organizations. As of 12/2021, Stillwater Medical Group employed 495 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stillwater Medical Group 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, Stillwater Medical Group generated $157.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (56.5%) each year. All expenses for the organization totaled $5.2m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO MEET THE HEALTHCARE NEEDS OF INDIVIDUALS, FAMILIES & COMMUNITIES OF THE ST. CROIX VALLEY
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O - EXEMPT PURPOSE AND ACHIEVEMENTS FOR A DESCRIPTION OF PROGRAM SERVICE ACCOMPLISHMENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew A Richie Director & VP Administraton | OfficerTrustee | 42.5 | $334,544 |
Michelle D Rice Physician Assistant | 45 | $176,208 | |
Sonya K Steiner Director Of Operations | 50 | $169,333 | |
Christopher L Kaye Physician Assistant | 40 | $146,846 | |
Kimberley M Carlson Physician Assistant | 40 | $138,620 | |
Carla A Knippenberg Specialty Director | 45 | $138,349 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Greiner Construction Inc Construction | 12/30/21 | $3,263,806 |
Gilbert Mechanical Contractors Construction | 12/30/21 | $666,916 |
Interim Healthcare Staffing Staffing | 12/30/21 | $582,555 |
Midwest Radiology Radiology Professional Services | 12/30/21 | $519,029 |
Marsden Bldg Maintenance Construction | 12/30/21 | $420,423 |
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 | $44,354 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $112,817 |
| 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 | $157,585 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $77 |
| 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 | $512,981 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,303,392 |
| 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 | $2,344,600 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $5,161,050 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,861,719 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $163,315 |
| 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 | $192,177 |
| Net Land, buildings, and equipment | $17,555,532 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $15,516 |
| Total assets | $20,788,259 |
| Accounts payable and accrued expenses | $3,838,828 |
| 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 | $3,838,828 |
| Net assets without donor restrictions | $16,949,431 |
| 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 | $20,788,259 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Stillwater Medical Group has recieved totaling $1,600,000.
| Awarding Organization | Amount |
|---|---|
Group Health Plan Inc Minneapolis, MN PURPOSE: PROGRAM SUPPORT | $800,000 |
Group Health Plan Inc Minneapolis, MN PURPOSE: PROGRAM SUPPORT | $800,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Family Healthcare Center Fargo, ND | $19,243,943 | $21,017,567 |
Community Dental Care Maplewood, MN | $14,533,195 | $20,761,936 |
Cook Area Health Services Inc Cook, MN | $6,423,593 | $17,420,930 |
Outreach Community Health Centers Inc Milwaukee, WI | $20,545,690 | $21,470,630 |
Progressive Community Health Centers Inc Milwaukee, WI | $21,916,095 | $16,919,514 |
Lakeshore Community Health Care Inc Sheboygan, WI | $15,901,105 | $14,157,852 |
Indian Health Board Of Minneapolis Inc Minneapolis, MN | $36,459,673 | $14,970,522 |
Kenosha Community Health Center Inc Kenosha, WI | $14,618,597 | $15,756,385 |
South Central Human Relations Center Inc Owatonna, MN | $12,087,628 | $12,086,446 |
Shared Magnetic Resonance Imaging Facility Inc Madison, WI | $29,478,510 | $13,875,631 |
Gerald L Ignace Indian Health Center Inc Milwaukee, WI | $7,161,085 | $10,854,203 |
Masonic Center For Health And Rehab Inc Dousman, WI | $14,689,259 | $8,376,337 |