Benedictine Health System
61% goes to programs $1 to raise $100 Strong reserves Growing revenue
Benedictine Health System is a 501(c)(3) organization based in Minneapolis, Minnesota, registered in 1946, with $82,507,878 in FY2023 revenue. CharityIndex grades it B+, and it directs about 61% of spending to programs.
6499 University Ave Ne Ste 300, Minneapolis, MN, 55432 EIN 41-1531892 Since 1946
Revenue (FY2023)
$82.5M
▼ 1.9% vs prior year
Health median: $840K
Expenses (FY2023)
$74.2M
Net assets
$56.6M
Employees
622
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
C+Program efficiency40% of the rating61% to programs · $1 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Benedictine Health System: 61% to programs · $1 to raise $100 earns a C+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating9 mo reserves · +10% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Benedictine Health System: 9 mo reserves · +10% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Benedictine Health System: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Benedictine Health System: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Our mission is to witness to god's love by providing compassionate, quality care.
What they do
Operations of disregarded entity - madonna summit of byron, llc dba: benedictine living community - byron (41-2337717) operates a 30-unit assisted living and 20-unit independent living facility in byron, minnesota. the facility had 93.2% occupancy and served 62 individuals during the fiscal year ended 6/30/24.
Operations of disregarded entity - benedictine living community of northfield, llc (82-4307824) operates a 97-unit assisted living and independent living facility in northfield, minnesota. the facility had 80.5% occupancy and served 125 individuals during the fiscal year ended 6/30/24.
Operations of disregarded entity - benedictine living community-shakopee, llc (82-4211716) operates a 183-unit assisted living and independent living facility in shakopee, minnesota. the facility had 96.4% occupancy and served 298 individuals during the fiscal year ended 6/30/24.
Contact & location
- Address
- 6499 University Ave Ne Ste 300, Minneapolis, MN, 55432
- City
- Minneapolis
- State
- Minnesota
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $45.6M (FY2013) to $82.5M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $129.0MNet assets $56.6M
Operating margin
10.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$185.7M
Total liabilities
$129.0M
Net assets
$56.6M
Salaries & benefits
$50.1M
68% of expenses
Board members
13
12 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $82,507,878▼1.9% | $74,217,150▲6.6% | $56,637,298▲19.9% | $185,684,721▲5.6% | 990 |
| 2022 | $84,114,762▲46.7% | $69,638,819▲14.0% | $47,248,329▲49.7% | $175,816,528▲23.6% | 990 |
| 2021 | $57,321,212▲8.9% | $61,087,253▲1.5% | $31,555,196▼12.5% | $142,221,836▼2.5% | 990 |
| 2020 | $52,627,237▼0.8% | $60,182,098▲16.9% | $36,055,832▼17.4% | $145,897,657▼4.9% | 990 |
| 2019 | $53,035,199▼1.8% | $51,475,595▲4.9% | $43,655,974▲7.3% | $153,472,496▲2.1% | 990 |
| 2018 | $53,992,250▼6.3% | $49,093,565▼9.9% | $40,671,589▲13.7% | $150,331,276▲142% | 990 |
| 2017 | $57,630,808▲12.4% | $54,513,189▲20.6% | $35,757,699▲9.7% | $62,070,551▼2.7% | 990 |
| 2016 | $51,283,781▲11.0% | $45,204,221▼10.9% | $32,594,179▲20.4% | $63,777,891▲35.7% | 990 |
| 2015 | $46,217,227▲3.7% | $50,755,445▲10.1% | $27,071,603▼14.5% | $46,993,046▼9.8% | 990 |
| 2014 | $44,559,215▼2.4% | $46,098,569▲1.5% | $31,670,851▼6.5% | $52,072,022▲3.0% | 990 |
| 2013 | $45,649,505 | $45,421,963▲9.6% | $33,869,609▼4.3% | $50,563,833▲4.3% | 990 |
| 2012 | — | $41,443,961▲17.5% | $35,396,514▲26.4% | $48,496,705▲19.7% | 990 |
| 2011 | — | $35,283,815▲6.9% | $27,993,494▲17.2% | $40,521,292▲12.9% | 990 |
| 2010 | — | $32,999,160▲5.5% | $23,884,858▲12.4% | $35,903,946▲14.5% | 990 |
| 2009 | — | $31,292,650 | $21,247,643 | $31,356,582 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Jerry Carley — $667,942 (0.90% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Jerry Carley | Ceo of Bhs | 40 | $667,942 |
| Kevin Rymanowski | Cfo & Treasurer | 40 | $412,129 |
| Anneliese Peterson | Sr. Vice President | 40 | $303,834 |
| Laurie Hennen | Sr. Vice President | 40 | $258,077 |
| Andrew Opsahl | Vice President | 40 | $250,700 |
| Tapfumaneyi Gift Matemba-mutasa | Sr. Vice President | 40 | $248,027 |
| Shawn Johnson | Vice President | 40 | $233,301 |
| Trent Pepper | Sr. Vice President | 40 | $224,950 |
| Leslie Scheid | Director -clinical | 40 | $218,842 |
| Jennifer Bruhn | Vp-operations | 40 | $214,622 |
| Penelope Viggiano | Vice President | 40 | $205,708 |
| Taylar Hack | Vp-operations | 40 | $201,701 |
| Neal Buddensiek Md | Sr. Vice President | 20 | $196,975 |
| Benedict Woit | Sr. Vice President | 40 | $189,938 |
| Jeffrey Garland | Chair | 1 | $5,500 |
| Beverly Raway Osb | Director | 1 | $3,900 |
| Paul Haskins | Vice Chair | 1 | $3,800 |
| Paul Grizzell | Director | 1 | $3,600 |
| Danile Lynch Osb | Secretary | 1 | $3,300 |
| Clare Marie Trettel Osb | Director | 1 | $2,300 |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Aline(enquire) | Customer Relations Software | $162,743 |
| Kristin Wargin | Procurement Consulting | $102,900 |
| Senior Care Solutions Inc | Temp Nursing Services | $100,722 |
Grants made · $962K in FY2023
2 grants totaling $962K in FY2023. All grants made by Benedictine Health System →
| Recipient | Purpose | Amount |
|---|---|---|
| Benedictine Foundation | Foundation operating costs | $954,252 |
| Benedictine Living Communities Inc | Transfer of strategic capital | $8,203 |
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Frequently asked questions
- Is Benedictine Health System a legitimate nonprofit?
- Yes. Benedictine Health System is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 41-1531892, based in Minneapolis, Minnesota. Donations are tax-deductible.
- What is Benedictine Health System's EIN?
- Benedictine Health System's Employer Identification Number (EIN) is 41-1531892.
- How much revenue does Benedictine Health System report?
- Benedictine Health System reported $82,507,878 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Benedictine Health System's spending goes to programs?
- Benedictine Health System spends about 61% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Benedictine Health System have?
- CharityIndex grades Benedictine Health System B+, based on program efficiency and fundraising cost.
- How much does Benedictine Health System's highest-paid employee make?
- The highest reported compensation on Benedictine Health System's latest Form 990 is $667,942, paid to Jerry Carley (Ceo of Bhs).
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Data for Benedictine Health System (EIN 41-1531892) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.