Centracare Health System
82% goes to programs $0 to raise $100 Strong reserves Growing revenue
Centracare Health System is a 501(c)(3) organization based in Saint Cloud, Minnesota, registered in 1997, with $577,819,960 in FY2023 revenue. CharityIndex grades it A, and it directs about 82% of spending to programs.
1406 6th Ave N, Saint Cloud, MN, 56303 EIN 41-1813221 Since 1997
Revenue (FY2023)
$577.8M
▼ 3.1% vs prior year
Health median: $840K
Expenses (FY2023)
$532.9M
Net assets
$519.5M
Employees
15,280
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
B+Program efficiency40% of the rating82% to programs · $0 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 Centracare Health System: 82% to programs · $0 to raise $100 earns a B+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating12 mo reserves · +8% 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 Centracare Health System: 12 mo reserves · +8% 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 Centracare 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 Centracare Health System: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
Integrated multi-organizational health care system designed to provide access to quality health care services at an affordable price.
What they do
Carris health, llc is considered a disregarded entity of cchs for purposes of 990 reporting. carris health, llc includes the subsidiary centracare health rice memorial hospital, which has 136 licensed beds and 20 bassinets. during fiscal year 2024 rice memorial hospital cared for 2,645 inpatient admissions with 8,985 associated patient days. inpatient services include medical and surgical care, birthing services, pediatric services, behavioral health care services, and rehabilitation services. outpatient encounters during fiscal year 2024 were 81,026 and included emergency room services, dialysis, imaging, respiratory therapy, a rehabilitation center, same day surgery and other ambulatory care services. carris health also offers a certified skilled nursing facility located in willmar, mn with 78 licensed beds. carris health has realized 15,619 resident days in the long-term care and short-term therapy suites areas of the facility during fiscal year 2024. carris health also has an accredited ambulatory surgical center located in willmar, mn. carris health surgical center completed 6,311 outpatient (same day) procedures. in fiscal year 2024 carris health generated $149,757,715 of program revenue and $109,207,028 of program expense.
Carris health, llc includes the subsidiary carris health - redwood, llc which is a 25 bed, 6 bassinet critical access hospital. during fiscal year 2024 they had 496 inpatient admissions with 1,546 associated patient days, 50,851 outpatient visits and 5,710 emergency room visits. in fiscal year 2024, redwood generated $60,925,376 of program revenue and $42,425,746 of program expense.
Centracare health - monticello hospital is considered a disregarded entity for purposes of 990 reporting, thus it is included with this 990 filing. monticello hospital is a 39 bed, 12 bassinet critical access hospital. in fiscal year 2024, they had 6,201 patient days, 44,180 outpatient visits and 16,235 emergency room visits' which generated $97,204,236 of program revenue and $64,840,939 of program expense.
Contact & location
- Address
- 1406 6th Ave N, Saint Cloud, MN, 56303
- City
- Saint Cloud
- State
- Minnesota
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $172.6M (FY2013) to $577.8M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $655.2MNet assets $519.5M
Operating margin
7.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.2B
Total liabilities
$655.2M
Net assets
$519.5M
Salaries & benefits
$283.4M
53% of expenses
Board members
14
8 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $577,819,960▼3.1% | $532,902,865▲2.1% | $519,518,769▲17.6% | $1,174,669,944▲10.2% | 990 |
| 2022 | $596,489,383▼4.2% | $522,159,955▲10.6% | $441,882,000▲30.4% | $1,066,347,810▲16.8% | 990 |
| 2021 | $622,933,545▲35.8% | $472,250,991▲16.9% | $338,862,971▲51.4% | $913,072,774▲51.5% | 990 |
| 2020 | $458,863,566▲1.9% | $403,989,291▼5.4% | $223,750,019▼14.8% | $602,692,177▲12.1% | 990 |
| 2019 | $450,485,121▲11.9% | $427,245,346▲9.7% | $262,697,035▲31.1% | $537,648,015▲4.2% | 990 |
| 2018 | $402,551,704▲30.9% | $389,622,910▲28.1% | $200,327,823▲32.0% | $516,087,917▲19.5% | 990 |
| 2017 | $307,472,024▲43.5% | $304,246,530▲38.7% | $151,762,179▲46.0% | $431,777,761▲77.5% | 990 |
| 2016 | $214,239,688▲34.6% | $219,409,633▲32.1% | $103,976,620▲21.7% | $243,270,436▲40.5% | 990 |
| 2015 | $159,193,835▼9.9% | $166,088,099▼13.7% | $85,455,188▼6.2% | $173,191,160▼6.5% | 990 |
| 2014 | $176,592,563▲2.3% | $192,527,533▲17.8% | $91,151,563▲6.3% | $185,298,098▲4.9% | 990 |
| 2013 | $172,569,509 | $163,481,552▲85.2% | $85,784,405▲31.1% | $176,582,230▲23.3% | 990 |
| 2012 | — | $88,271,924▲48.0% | $65,430,200▲198% | $143,227,013▲98.1% | 990 |
| 2011 | — | $59,639,150▲7.3% | $21,952,286▼28.0% | $72,290,197▼8.5% | 990 |
| 2010 | — | $55,573,532▲5.2% | $30,484,093▼25.7% | $79,041,233▼12.7% | 990 |
| 2009 | — | $52,833,877 | $41,016,759 | $90,509,096 | 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: Kenneth Holmen — $1,554,927 (0.29% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Kenneth Holmen | President/ceo | 7 | $1,554,927 |
| Leah Schammel | Physician | 40 | $1,098,198 |
| Nathaniel Slinkard | Physician | 40 | $1,088,771 |
| Sasan Moshirzadeh | Physician | 40 | $1,020,887 |
| Laurel Wessman | Physician | 40 | $997,125 |
| Dexter Casta | Physician | 40 | $941,151 |
| Joy Plamann | Chief Operating Officer/sr Vp | 7 | $801,092 |
| Michael Blair | Chief Financial Officer/sr Vp/ Treasurer | 7 | $754,895 |
| Cindy Smith | Vice President | 40 | $716,391 |
| Thomas Schrup | Chief Physician Officer/evp | 20 | $702,713 |
| Joseph Kalkman | Chief Adminstrative Officer/sr Vp | 20 | $620,417 |
| Christopher Boelter | Vice President | 20 | $604,159 |
| Lynn Mcfarling | Vice President | 40 | $579,919 |
| Santo Cruz | Chief Legal Officer/sr Vp/ Secretary | 7 | $567,364 |
| Bryan Rolph | Director | 41 | $535,377 |
| Joseph Blonski | Vice President | 20 | $528,517 |
| Amy Porwoll | Chief Information System Officer/sr Vp | 8 | $514,086 |
| Maria Mallory | Vice President | 14 | $500,547 |
| Christian Schmidt | Director | 41 | $497,014 |
| Debra Peterson | Vice President | 40 | $446,317 |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| M A Mortenson Company | Construction | $11,149,323 |
| Mayo Collaborative Services | Laboratory Services | $6,062,214 |
| Aya Healthcare | Staffing Services | $4,720,355 |
| Mcgough Construction | Construction | $3,489,310 |
| Medline Industries LP | Supplies | $3,354,131 |
Grants received · $460K total
7 grants to Centracare Health System totaling $460K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Cancer Society Inc | Patient support | 2024 | $8,000 |
| American Cancer Society Inc | Patient support | 2024 | $8,000 |
| American Cancer Society Inc | Patient support | 2023 | $20,000 |
| Ucare Minnesota | Funding to support communication, outreach, application assistance, and long-term strategies to support medicaid members in retaining their medicaid coverage post public health emergency or transition to a mnsure product. | 2022 | $100,000 |
| Ucare Minnesota | Develop a culturally and linguistically appropriate public engagement plan for the central minnesota communities of excellence. advance health equity in our communities by adding a community health medical director. | 2020 | $200,000 |
| Ucare Minnesota | Chronic opioid management program system-wide implementation | 2018 | $99,946 |
| American Heart Association Inc | Emergency equipment upgrade | 2015 | $24,400 |
Grants made · $278K in FY2023
8 grants totaling $278K in FY2023. All grants made by Centracare Health System →
| Recipient | Purpose | Amount |
|---|---|---|
| Centracare Health Foundation | General purpose | $132,387 |
| Active Central Mn | Annual sponsorship | $40,000 |
| Habitat For Humanity International Inc | Breakfast for humanity sponsorship/annual donations | $25,000 |
| For Inspiration and Recognition of Science and Technology First | Annual sponsorship | $25,000 |
| Minnesota Hosa | Start up sponsorship | $20,500 |
| United Way of Central Minnesota | Annual sponsorship | $15,000 |
| Willmar Stingers Baseball Association | Annual sponsorship | $11,080 |
| St Cloud Area Family YMCA | Bernicks fitness series | $9,000 |
Similar organizations in Health
Health
St Marys Medical Center
Duluth, MN
$563.8M
Aannual revenue
Health
Healtheast St Johns Hospital
Minneapolis, MN
$521.8M
B+annual revenue
Health
National Marrow Donor Program
Minneapolis, MN
$666.7M
Aannual revenue
Health
Ridgeview Medical Center
Waconia, MN
$407.1M
Aannual revenue
Health
Gillette Childrens Specialty Health Care
Saint Paul, MN
$396.6M
Aannual revenue
Essentia Health
Duluth, MN
$369.9M
C+annual revenue
Smdc Medical Center
Duluth, MN
$796.4M
A+annual revenue
Health
Centracare Clinic
Saint Cloud, MN
$319.1M
C+annual revenue
Health
Olmsted Medical Center
Rochester, MN
$304.8M
Cannual revenue
Health
Maple Grove Hospital Corporation
Maple Grove, MN
$302.6M
B+annual revenue
Compare Centracare Health System
Frequently asked questions
- Is Centracare Health System a legitimate nonprofit?
- Yes. Centracare Health System is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 41-1813221, based in Saint Cloud, Minnesota. Donations are tax-deductible.
- What is Centracare Health System's EIN?
- Centracare Health System's Employer Identification Number (EIN) is 41-1813221.
- How much revenue does Centracare Health System report?
- Centracare Health System reported $577,819,960 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Centracare Health System's spending goes to programs?
- Centracare Health System spends about 82% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Centracare Health System have?
- CharityIndex grades Centracare Health System A, based on program efficiency and fundraising cost.
- How much does Centracare Health System's highest-paid employee make?
- The highest reported compensation on Centracare Health System's latest Form 990 is $1,554,927, paid to Kenneth Holmen (President/ceo).
More nonprofits in Saint Cloud
Explore more
Data for Centracare Health System (EIN 41-1813221) 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.