Smdc Medical Center
95% goes to programs $0 to raise $100 Growing revenue
Smdc Medical Center is a 501(c)(3) organization based in Duluth, Minnesota, registered in 1997, with $796,444,043 in FY2023 revenue. CharityIndex grades it A+, and it directs about 95% of spending to programs.
502 E 2nd St, Duluth, MN, 55805 EIN 41-1878730 Since 1997
Revenue (FY2023)
$796.4M
▲ 13.5% vs prior year
Health median: $840K
Expenses (FY2023)
$769.7M
Net assets
$239.6M
Employees
3,150
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A+
A+Program efficiency40% of the rating95% 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 Smdc Medical Center: 95% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating4 mo reserves · +3% 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 Smdc Medical Center: 4 mo reserves · +3% 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 Smdc Medical Center: 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 Smdc Medical Center: 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
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $475.3M (FY2013) to $796.4M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $836.3MNet assets $239.6M
Operating margin
3.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.1B
Total liabilities
$836.3M
Net assets
$239.6M
Salaries & benefits
$405.0M
53% of expenses
Board members
12
10 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $796,444,043▲13.5% | $769,749,778▲8.1% | $239,574,277▲12.7% | $1,075,892,351▼4.4% | 990 |
| 2022 | $701,753,513▲0.6% | $711,850,704▲8.3% | $212,542,239▼3.5% | $1,125,848,886▲2.7% | 990 |
| 2021 | $697,343,156▲5.1% | $657,308,661▲9.3% | $220,142,529▲8.6% | $1,095,781,940▼0.3% | 990 |
| 2020 | $663,367,068▲19.1% | $601,243,168▲5.1% | $202,733,509▲48.6% | $1,099,340,280▼23.1% | 990 |
| 2019 | $557,084,627▼0.4% | $572,153,049▲3.8% | $136,452,612▼15.3% | $1,429,099,437▲7.7% | 990 |
| 2018 | $559,394,679▲4.2% | $551,372,197▲4.0% | $161,105,073▲3.5% | $1,327,199,794▲97.8% | 990 |
| 2017 | $536,912,273▲6.3% | $530,340,669▲5.1% | $155,679,539▲6.9% | $670,924,103▲0.2% | 990 |
| 2016 | $504,932,092▲0.8% | $504,829,765▲4.3% | $145,572,306▲17.4% | $669,331,861▲0.9% | 990 |
| 2015 | $500,807,702▼0.4% | $483,989,485▲0.3% | $124,043,464▼0.8% | $663,560,200▲0.3% | 990 |
| 2014 | $502,679,254▲5.8% | $482,688,076▲4.1% | $125,079,282▲7.0% | $661,270,193▲2.6% | 990 |
| 2013 | $475,345,381 | $463,879,587▲13.5% | $116,879,347▲12.3% | $644,413,276▼0.8% | 990 |
| 2012 | — | $408,672,353▲11.2% | $104,094,475▲8.3% | $649,503,160▲4.6% | 990 |
| 2011 | — | $367,560,750▲2.1% | $96,145,572▼0.1% | $620,962,837▲113% | 990 |
| 2010 | — | $360,130,403▲2.1% | $96,271,654▲24.1% | $291,130,435▲106% | 990 |
| 2009 | — | $352,699,814 | $77,598,344 | $141,467,647 | 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: Bradley Beard — $1,073,967 (0.14% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Bradley Beard | Chief Operating Officer | 1 | $1,073,967 |
| William Heegaard Md | President - East Thru 4/24 | 1 | $668,196 |
| Anne Stephen Md | Chief Medical Officer Thru 5/24 | 1 | $644,847 |
| Jon Pryor Md | Former President - East Thru 1/23 | 0 | $591,355 |
| Rhonda Kazik | Chief Nurse Executive | 1 | $555,556 |
| Kevin Boren | Vice President, Finance | 1 | $482,367 |
| Janice Schade | Senior Vp, Operations Thru 3/24 | 1 | $481,665 |
| Krista Skorupa Md | President - East | 1 | $469,439 |
| Tammy Kritzer | Senior Vice President, Operations | 1 | $447,009 |
| Pamela Hermes | Physician Assistant | 60 | $274,223 |
| Samuel Stone | Administrator - Virginia | 60 | $270,703 |
| Vicki Scheer | Administrator | 60 | $228,792 |
| Cynthia Kent | Former Snr Vp, Nursing Excellence | 0 | $120,439 |
| Alan Rock | Board Director | 1 | — |
| Amy Bergstrom | Board Director | 1 | — |
| Anthony Sertich | Board Director | 1 | — |
| George Loban | Board Director | 1 | — |
| Hara Charlier | Board Director Thru 12/23 | 1 | — |
| Jan Baldwin Md | Board Director/related Org Physician | 1 | — |
| Joseph Mihalek | Board Chair | 2 | — |
Top vendors & contractors (FY2013)
| Contractor | Services | Paid |
|---|---|---|
| Iron Range Rehab Center | Pt/ot Services | $939,106 |
| Cardinal Health | Pharmacy Management | $792,075 |
| Rehab Group Management Services | Inpt Rehab Mgmt | $373,961 |
| R A Construction Snowplow | Snowplow | $187,228 |
| Steven Feltman | Financial Services | $168,850 |
Grants received · $658K total
7 grants to Smdc Medical Center totaling $658K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| College of St Scholastica Inc | See part iv | 2019 | $16,254 |
| College of St Scholastica Inc | See part iv | 2018 | $23,566 |
| College of St Scholastica Inc | See part iv | 2017 | $14,768 |
| College of St Scholastica Inc | See part iv | 2016 | $26,720 |
| College of St Scholastica Inc | See part iv | 2015 | $425,364 |
| Essentia Health | Program support | 2015 | $21,188 |
| College of St Scholastica Inc | See part iv | 2014 | $130,060 |
Grants made · $2.8M in FY2023
45 grants totaling $2.8M in FY2023 — showing the 15 largest. All grants made by Smdc Medical Center →
| Recipient | Purpose | Amount |
|---|---|---|
| College of St Scholastica Inc | Program support | $965,693 |
| University of Minnesota Foundation | Program support | $791,650 |
| One Roof Community Housing | Program support | $150,000 |
| Miller Dwan Foundation | Program support | $78,402 |
| Second Harvest Northern Lakes Food Bank | Program support | $75,100 |
| Churches United In Ministry | Program support | $67,800 |
| First Witness Child Advocacy Center | Program support | $60,000 |
| Just Kids Dental Inc | Program support | $50,000 |
| Duluth Center of Women and Children | Program support | $44,451 |
| St Louis County | Program support | $34,000 |
| Mesabi Fit Coalition | Program support | $25,000 |
| Northland Foundation | Program support | $25,000 |
| Zeitgeist Center For Arts and Community | Program support | $25,000 |
| United Way of Northeastern Minnesota Inc | Program support | $21,500 |
| Program To Aid For Victims of Sexual Assault | Program support | $20,100 |
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Compare Smdc Medical Center
Frequently asked questions
- Is Smdc Medical Center a legitimate nonprofit?
- Yes. Smdc Medical Center is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 41-1878730, based in Duluth, Minnesota. Donations are tax-deductible.
- What is Smdc Medical Center's EIN?
- Smdc Medical Center's Employer Identification Number (EIN) is 41-1878730.
- How much revenue does Smdc Medical Center report?
- Smdc Medical Center reported $796,444,043 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Smdc Medical Center's spending goes to programs?
- Smdc Medical Center spends about 95% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Smdc Medical Center have?
- CharityIndex grades Smdc Medical Center A+, based on program efficiency and fundraising cost.
- How much does Smdc Medical Center's highest-paid employee make?
- The highest reported compensation on Smdc Medical Center's latest Form 990 is $1,073,967, paid to Bradley Beard (Chief Operating Officer).
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Data for Smdc Medical Center (EIN 41-1878730) 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.