Innovis Health LLC
91% goes to programs $0 to raise $100 Thin reserves Growing revenue
Innovis Health LLC is a 501(c)(3) organization based in Fargo, North Dakota, registered in 2009, with $625,405,844 in FY2023 revenue. CharityIndex grades it C+, and it directs about 91% of spending to programs.
3000 32nd Ave S, Fargo, ND, 58103 EIN 26-1175213 Since 2009
Revenue (FY2023)
$625.4M
▲ 9.4% vs prior year
Health median: $840K
Expenses (FY2023)
$626.1M
Net assets
-$31.2M
Employees
3,313
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
C+Program efficiency40% of the rating91% 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 Innovis Health LLC: 91% to programs · $0 to raise $100 earns a C+ on this criterion. See the exact thresholds →
DFinancial health25% of the rating0 mo reserves · -0% 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 Innovis Health LLC: 0 mo reserves · -0% margin earns a D 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 Innovis Health LLC: 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 Innovis Health LLC: 4 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
We are called to make a healthy difference in people's lives.
Contact & location
- Address
- 3000 32nd Ave S, Fargo, ND, 58103
- City
- Fargo
- State
- North Dakota
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $333.8M (FY2013) to $625.4M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $351.9MNet assets -$31.2M
Operating margin
-0.1%
Spent more than it raised in the latest fiscal year.
Total assets
$320.7M
Total liabilities
$351.9M
Net assets
-$31.2M
Salaries & benefits
$308.6M
49% of expenses
Board members
8
5 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $625,405,844▲9.4% | $626,107,913▲6.1% | -$31,243,678▼2.0% | $320,704,145 | 990 |
| 2022 | $571,622,089▲14.6% | $589,895,217▲17.6% | -$30,617,146▼141% | $320,627,613▲9.4% | 990 |
| 2021 | $498,829,278▲10.5% | $501,812,410▲13.8% | -$12,724,057▼160% | $292,983,163▼7.0% | 990 |
| 2020 | $451,261,396▲15.2% | $441,093,341▲11.6% | -$4,896,587▲69.8% | $315,096,000▲2.7% | 990 |
| 2019 | $391,671,007▲0.3% | $395,366,568▼0.4% | -$16,194,679▼144% | $306,752,197▲11.5% | 990 |
| 2018 | $390,413,198▲5.4% | $396,913,526▲4.7% | -$6,627,438▼323% | $275,039,328▼1.9% | 990 |
| 2017 | $370,391,230▼0.8% | $378,942,827▲0.7% | $2,974,026▼72.1% | $280,506,448▼2.4% | 990 |
| 2016 | $373,471,417▲2.7% | $376,194,458▲3.7% | $10,675,444▼24.6% | $287,530,202▼5.3% | 990 |
| 2015 | $363,725,628▲2.1% | $362,753,939▲8.7% | $14,167,404▼18.5% | $303,736,083▲3.1% | 990 |
| 2014 | $356,239,221▲6.7% | $333,859,123▲2.7% | $17,375,023▲453% | $294,543,640▲33.8% | 990 |
| 2013 | $333,821,248 | $325,006,503▲7.1% | -$4,922,058▲62.0% | $220,061,557▲8.6% | 990 |
| 2012 | — | $303,482,084▲6.4% | -$12,957,206▼21.0% | $202,614,626▼8.0% | 990 |
| 2011 | — | $285,329,352▲9.5% | -$10,708,441▼350% | $220,177,623▲6.8% | 990 |
| 2010 | — | $260,636,475▲3.7% | $4,276,823▲16.3% | $206,182,462▼2.6% | 990 |
| 2009 | — | $251,317,050 | $3,677,173 | $211,683,320 | 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: Adam Stibbe Md — $1,689,715 (0.27% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Adam Stibbe Md | Physician & Section Chair | 60 | $1,689,715 |
| Benjamin Smith Md | Board Director & Physician | 56 | $1,622,550 |
| Daniel Smith Md | Physician | 60 | $1,482,681 |
| Jerome Sampson Md | Physician | 60 | $1,474,056 |
| Kimberly Kolkhorst Md | Physician & Section Chair | 60 | $1,472,390 |
| Scott Reardon Md | Physician | 60 | $1,416,515 |
| Alan Bruns Md | Former Ke/physician & Division Chair | 60 | $792,923 |
| Al Hurley | Chief Operating Officer | 54 | $741,059 |
| Richard Vetter Md | Interim Pres Thru 8/23/cmo | 58 | $725,972 |
| Joshua Gebur Md | Former Ke/physician & Division Chair | 60 | $643,563 |
| Stefanie Gefroh Ellison Md | Interim Cmo Thru 8/23/phy & Div Chair | 57 | $488,999 |
| Tanya Diegel Md | Former Ke/physician & Division Chair | 60 | $480,374 |
| Andrew Moen Md | Former Ke/physician & Division Chair | 60 | $464,476 |
| Tanner Goodrich | Senior Vice President, Operations | 57 | $391,911 |
| Doug Arvin | Vice President, Finance | 60 | $371,448 |
| Taylor Mertz Md | Bd Director/physician & Sec Chair | 56 | $351,219 |
| Rae Salus | Senior Vp, Operations Thru 6/23 | 60 | $322,210 |
| Michele Thieman Md | Former Ke/physician & Division Chair | 60 | $300,084 |
| James Christensen Md | Board Director & Physician | 56 | $275,772 |
| Michelle Stenbeck | Chief Nursing Officer Thru 1/24 | 60 | $268,072 |
Grants received · $187K total
7 grants to Innovis Health LLC totaling $187K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Heart Association Inc | Stroke programs | 2019 | $39,937 |
| American Heart Association Inc | Equipment upgrade | 2018 | $57,909 |
| American Heart Association Inc | Equipment upgrade | 2017 | $43,000 |
| Essentia Health | Program support | 2015 | $21,219 |
| American Heart Association Inc | Emergency equipment upgrade | 2015 | $8,000 |
| Patient Access Network Foundation | Patient assistance | 2015 | $6,833 |
| Essentia Health | Program support | 2014 | $10,000 |
Grants made · $783K in FY2023
11 grants totaling $783K in FY2023. All grants made by Innovis Health LLC →
| Recipient | Purpose | Amount |
|---|---|---|
| Essentia Health Foundation | Program support | $673,856 |
| United Way of Cass-clay | Program support | $25,000 |
| Bio Girls Inc | Program support | $20,500 |
| Greater Fargo Moorhead Economic Development Corporation | Program support | $10,000 |
| Cass Clay Community Land Trust | Program support | $10,000 |
| North Dakota Dental Foundation | Program support | $10,000 |
| Cultural Diversity Resources | Program support | $8,000 |
| Faith4hope Scholarship Fund Inc | Program support | $7,800 |
| House of Everyday Learning | Program support | $7,500 |
| Abused Adult Resource Center | Program support | $5,200 |
| Heavens Helpers | Program support | $5,100 |
Similar organizations in Health
Health
Altru Health System
Grand Forks, ND
$780.4M
Aannual revenue
Health
Trinity Health & Affiliates
Minot, ND
$362.7M
Aannual revenue
- Health
St Alexius Medical Center
Bismarck, ND
$272.7M
Cannual revenue
Trinity Health
Minot, ND
$136.6M
Aannual revenue
Health
Sisters of Mary of the Presentation Long Term Care
Fargo, ND
$80.7M
A+annual revenue
Health
Lutheran Charity Association
Jamestown, ND
$79.7M
Aannual revenue
Health
Missouri Slope Lutheran Care Center
Bismarck, ND
$47.9M
C+annual revenue
Health
Valley Homes and Services
Grand Forks, ND
$37.4M
Bannual revenue
Health
Good Samaritan Hospital Association
Rugby, ND
$36.4M
Bannual revenue
Health
Sanford
Fargo, ND
$35.2M
Dannual revenue
Compare Innovis Health LLC
Frequently asked questions
- Is Innovis Health LLC a legitimate nonprofit?
- Yes. Innovis Health LLC is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 26-1175213, based in Fargo, North Dakota. Donations are tax-deductible.
- What is Innovis Health LLC's EIN?
- Innovis Health LLC's Employer Identification Number (EIN) is 26-1175213.
- How much revenue does Innovis Health LLC report?
- Innovis Health LLC reported $625,405,844 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Innovis Health LLC's spending goes to programs?
- Innovis Health LLC spends about 91% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Innovis Health LLC have?
- CharityIndex grades Innovis Health LLC C+, based on program efficiency and fundraising cost.
- How much does Innovis Health LLC's highest-paid employee make?
- The highest reported compensation on Innovis Health LLC's latest Form 990 is $1,689,715, paid to Adam Stibbe Md (Physician & Section Chair).
More nonprofits in Fargo
Explore more
Data for Innovis Health LLC (EIN 26-1175213) 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.