Essentia Health
Only 50% goes to programs $0 to raise $100 Strong reserves Growing revenue
Essentia Health is a 501(c)(3) organization based in Duluth, Minnesota, registered in 2003, with $369,876,260 in FY2023 revenue. CharityIndex grades it C+, and it directs about 50% of spending to programs.
502 E 2nd St, Duluth, MN, 55805 EIN 20-0360007 Since 2003
Revenue (FY2023)
$369.9M
▲ 6.2% vs prior year
Health median: $840K
Expenses (FY2023)
$350.4M
Net assets
$500.2M
Employees
3,457
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →DProgram efficiency40% of the rating50% 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 Essentia Health: 50% to programs · $0 to raise $100 earns a D on this criterion. See the exact thresholds →
AFinancial health25% of the rating17 mo reserves · +5% 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 Essentia Health: 17 mo reserves · +5% 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 Essentia Health: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 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 Essentia Health: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
We are called to make a healthy difference in people's lives.
Contact & location
- Address
- 502 E 2nd St, Duluth, MN, 55805
- City
- Duluth
- State
- Minnesota
- Category
- Health Care
- Subcategory
- Support Foundations & Fundraising
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $131.8M (FY2013) to $369.9M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $369.5MNet assets $500.2M
Operating margin
5.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$869.7M
Total liabilities
$369.5M
Net assets
$500.2M
Salaries & benefits
$279.8M
80% of expenses
Board members
12
9 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $369,876,260▲6.2% | $350,377,026▲3.0% | $500,198,864▲16.7% | $869,746,602▲20.3% | 990 |
| 2022 | $348,209,105▼16.5% | $340,166,174▲18.5% | $428,504,901▲12.4% | $723,173,585▲14.8% | 990 |
| 2021 | $416,911,579▲79.2% | $286,957,827▲35.4% | $381,255,422▲16.1% | $630,123,333▲2.8% | 990 |
| 2020 | $232,654,548▲6.2% | $211,985,773▲3.5% | $328,395,379▲52.6% | $613,077,249▲11.6% | 990 |
| 2019 | $219,068,133▲12.8% | $204,895,965▲12.4% | $215,205,454▲8.3% | $549,423,564▲31.1% | 990 |
| 2018 | $194,220,633▲2.7% | $182,244,364▲1.2% | $198,754,629▲12.3% | $419,201,264▲5.8% | 990 |
| 2017 | $189,162,863▲5.0% | $180,096,528▲2.9% | $176,967,491▲16.8% | $396,118,323▲6.3% | 990 |
| 2016 | $180,179,309▲21.7% | $174,978,284▲15.0% | $151,510,700▲30.9% | $372,799,250▲24.2% | 990 |
| 2015 | $148,110,267▲4.3% | $152,138,112▲14.9% | $115,722,145▲7.7% | $300,148,119▲1.7% | 990 |
| 2014 | $141,937,786▲7.7% | $132,365,233▲9.7% | $107,403,152▲16.9% | $295,250,892▲2.4% | 990 |
| 2013 | $131,783,219 | $120,695,648▲67.9% | $91,840,969▲28.5% | $288,406,776▲12.1% | 990 |
| 2012 | — | $71,892,137▲20.3% | $71,475,052▲23.1% | $257,198,745▲100% | 990 |
| 2011 | — | $59,780,245▲163% | $58,041,819▲30.9% | $128,318,534▲27.4% | 990 |
| 2010 | — | $22,693,168 | $44,324,417 | $100,741,801 | 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: David Herman Md — $3,045,950 (0.87% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| David Herman Md | Chief Executive Officer | 60 | $3,045,950 |
| Jodi Mansfield | Executive Vice President, Coo | 60 | $1,450,081 |
| Traci Morris | Chief Financial Officer/treasurer | 42 | $900,190 |
| Kevin Casey Md | Chief Medical Officer Thru 10/23 | 57 | $828,826 |
| Karyn Baum Md | Chief Transformation Off Thru 1/24 | 60 | $827,055 |
| Diane Davidson | Chief Human Resources Off Thru 4/24 | 60 | $685,804 |
| Michael Watters | Chief Legal Officer/secretary | 42 | $645,998 |
| Charles Watson | Chief Information Officer | 60 | $645,626 |
| Robert Green | Snr Vice Pres, Financial Operations | 60 | $645,032 |
| Melanie Wilson | Senior Vice Pres, Revenue Services | 60 | $539,144 |
| Sarah Manney Kurth Md | Chief Medical Information Officer | 60 | $507,408 |
| Gratia Pitcher Md | Chief Medical Officer | 60 | $472,648 |
| Frank Modich | Former Interim Chief Legal Officer | 60 | $260,107 |
| Sheila Hart | Snr Vp-int Care Delivery Thru 3/23 | 60 | $222,155 |
| Robert Norman | Former Chief Financial Officer | 0 | $216,000 |
| John Smylie | Former Chief Operating Officer | 0 | $120,000 |
| Alan Hodnik | Board Chair | 3 | $45,000 |
| George Goldfarb | Board Vice Chair | 3 | $30,000 |
| Kevin Moug | Board Director | 3 | $30,000 |
| Kimberly Stokes | Board Director | 3 | $30,000 |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Mcgough Construction | Construction Services | $74,004,176 |
| Amn Healthcare Inc | Medical Staffing | $36,262,488 |
| Philips Healthcare | Medical Equipment Support Services | $16,420,751 |
| Weatherby Locums Inc | Medical Staffing | $13,627,908 |
| Rj Ryan Construction Inc | Construction Services | $11,984,152 |
Grants received · $915K total
8 grants to Essentia Health totaling $915K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Cancer Society Inc | Patient support | 2023 | $69,950 |
| American Cancer Society Inc | Patient support | 2022 | $50,000 |
| Mayo Clinic | Support charitable programs | 2019 | $49,070 |
| Mayo Clinic | Support charitable programs | 2018 | $185,224 |
| Mayo Clinic | Support charitable programs | 2017 | $259,618 |
| Mayo Clinic | Support charitable programs | 2016 | $152,579 |
| Mayo Clinic | Support research program | 2015 | $23,599 |
| Ucare Minnesota | Post acute care management | 2014 | $125,000 |
Grants made · $25K in FY2017
1 grant totaling $25K in FY2017. All grants made by Essentia Health →
| Recipient | Purpose | Amount |
|---|---|---|
| St Marys Regional Health Center | Program support | $25,271 |
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Compare Essentia Health
Frequently asked questions
- Is Essentia Health a legitimate nonprofit?
- Yes. Essentia Health is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 20-0360007, based in Duluth, Minnesota. Donations are tax-deductible.
- What is Essentia Health's EIN?
- Essentia Health's Employer Identification Number (EIN) is 20-0360007.
- How much revenue does Essentia Health report?
- Essentia Health reported $369,876,260 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Essentia Health's spending goes to programs?
- Essentia Health spends about 50% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Essentia Health have?
- CharityIndex grades Essentia Health C+, based on program efficiency and fundraising cost.
- How much does Essentia Health's highest-paid employee make?
- The highest reported compensation on Essentia Health's latest Form 990 is $3,045,950, paid to David Herman Md (Chief Executive Officer).
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Data for Essentia Health (EIN 20-0360007) 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.