St Francis Regional Medical Center is a 501(c)(3) organization based in Minneapolis, Minnesota, registered in 1969, with $239,330,762 in FY2024 revenue. CharityIndex grades it A, and it directs about 93% of spending to programs.
Revenue (FY2024)
$239.3M
▲ 5.2% vs prior year
Health median: $840K
Expenses (FY2024)
$220.4M
Net assets
$217.7M
Employees
0
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 St Francis Regional Medical Center: 93% to programs · $36 to raise $100 earns a B on this criterion. See the exact thresholds →
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 St Francis Regional Medical Center: 12 mo reserves · +8% margin earns a A on this criterion. See the exact thresholds →
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 St Francis Regional Medical Center: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
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 St Francis Regional Medical Center: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Provide quality health care for the people in scott, carver and western dakota counties, minnesota.
Costs of participating in government programsto promote access to care for all individuals, st. francis participates in the following public health care programs: medicare, medicaid, minnesotacare, and general assistance. payments from these programs frequently do not cover the costs st. francis incurs to serve program beneficiaries. the following is a breakdown on costs related to these programs, services and additional taxes and fees.costs in excess of medicare and medicaid paymentsst. francis provides services to low-income public program enrollees (medicaid). public programs typically reimburse at amounts less than cost. in 2024, st. francis expended $17.1 million beyond reimbursements to provide care for medicare patients and an additional $8.5 million beyond reimbursements for medicaid patients.medicaid surchargest. francis is a participant in the medicaid surcharge program. the current program includes a 1.56% surcharge on a hospital's net patient revenue (excluding medicare revenue). reported amounts are net of any disproportionate share adjustments. in 2024, st. francis paid $2.1 million for the medicaid surcharge.minnesotacare taxst. francis also participates in the funding of medical care for people who are uninsured through a minnesotacare tax of 1.8% on certain net revenue. patients who are unable to get insurance through their employer are eligible to participate in minnesotacare. st. francis paid $2.9 million for minnesotacare tax in 2024.
Uncompensated carecharity carest. francis provides medical care without charge or at reduced cost to residents of the communities that it serves through the provision of charity care. our charity care program known as allina health partners care program was established to assist patients who do not qualify for medical assistance such as medicaid and whose annual incomes are at or below 275% of the federal poverty level. charity care does not include bad debt (charges written off as unpaid and uncollectible). through this program, st. francis strives to ensure that all members of the community receive quality medical care; regardless of ability to pay. in 2024, st. francis provided $855 thousand in charity care.uninsured discount programfor uninsured patients who do not qualify for medicaid or meet the financial threshold for charity care, but require some financial assistance, st. francis provides a sliding scale discount. all uninsured patients are eligible for a minimum of a 25 percent discount on billed charges and may qualify for discounts up to 44 percent based on eligibility criteria. in 2024, st. francis provided $8.7 million in such discounts to low-income, uninsured individuals. bad debtst. francis provides medical care to all in need. there are times when patient account balances go unpaid, known as bad debt. these bad debt charges in 2024 totaled $5.2 million. bad debt expense has not been included in form 990, part ix, line 25 but has been reported as a reduction to patient service revenue on form 990, part viii line 2b.
Community servicesst. francis is committed to supporting programs and services that address community needs. in 2024, st. francis contributed $1.1 million to research and to community programs and services to advance the health of the broader community. below are examples of programs and services st. francis supports within the communities we serve under the categories provided by the catholic healthcare association (cha) and vha, inc. the activities improve community health and do not generate inpatient or outpatient bills. st. francis supports many programs that fall under this category. a few examples include:river valley health services:st. francis provides financial support to river valley health services (river valley). river valley provides safe, high-quality public health nursing and bi-lingual community resource referrals and case management at sites in scott and carver counties to people who are uninsured and underinsured. in 2024 river
Revenue grew from $125.6M (FY2013) to $239.3M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
7.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$276.7M
Total liabilities
$59.0M
Net assets
$217.7M
Salaries & benefits
$108.3M
49% of expenses
Board members
16
12 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $239,330,762▲5.2% | $220,355,203▲7.0% | $217,685,534▲13.1% | $276,716,068▲9.6% | 990 |
| 2023 | $227,397,675▲10.8% | $206,010,180▲8.3% | $192,500,385▲14.7% | $252,418,317▲14.4% | 990 |
| 2022 | $205,186,335▲8.7% | $190,136,343▲8.3% | $167,871,784▼0.5% | $220,689,125▼4.0% | 990 |
| 2021 | $188,776,800▲7.0% | $175,610,087▲7.1% | $168,637,664▲12.6% | $229,859,048▲6.9% | 990 |
| 2020 | $176,472,441▲1.0% | $163,977,917▲1.2% | $149,822,475▲8.4% | $215,100,940▲9.5% | 990 |
| 2019 | $174,712,999▲1.2% | $161,969,249▲5.2% | $138,263,995▲9.9% | $196,443,242▲3.7% | 990 |
| 2018 | $172,701,533▲7.8% | $153,901,031▲9.5% | $125,804,798▲13.6% | $189,377,451▲7.8% | 990 |
| 2017 | $160,245,072▲8.3% | $140,506,284▲6.8% | $110,742,867▲4.2% | $175,734,183▲1.6% | 990 |
| 2016 | $147,935,783▲7.0% | $131,533,757▲7.2% | $106,271,862▲14.0% | $173,003,922▲6.6% | 990 |
| 2015 | $138,314,697▲9.6% | $122,735,804▲5.7% | $93,206,973▲8.2% | $162,355,928▲3.6% | 990 |
| 2014 | $126,157,155▲0.5% | $116,131,864▲3.3% | $86,177,887▼5.4% | $156,742,271▼5.3% | 990 |
| 2013 | $125,577,861 | $112,453,144▲1.1% | $91,111,934▲4.4% | $165,590,987▲1.7% | 990 |
| 2012 | — | $111,279,104▼1.6% | $87,305,270▲6.3% | $162,854,645▲2.1% | 990 |
| 2011 | — | $113,094,505▲4.7% | $82,130,631▲1.4% | $159,562,753▲1.4% | 990 |
| 2010 | — | $108,025,151 | $80,969,945 | $157,384,071 | 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.
Highest-paid: Amy Jerdee — $471,648 (0.21% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Amy Jerdee | Director/president | 40 | $471,648 |
| Monte Johnson Md | Former Director/vp Medical | 24 | $336,609 |
| Christy Mcguffee | Crna | 40 | $315,077 |
| Karyn Barry | Crna | 40 | $309,439 |
| Dean Tebrake | Crna | 40 | $299,010 |
| Farah Pieper | Crna | 40 | $292,250 |
| Coleen Helberg | Crna | 40 | $291,358 |
| Laura Randgaard | Vp Patient Care Svcs. | 40 | $253,508 |
| Angela Gutzmer | Finance Director | 40 | $207,251 |
| Amy Dewane | Director | 2 | — |
| Cynthia Harvath Md | Director | 2 | — |
| Dana Hardie | Director | 2 | — |
| Deborah Pauly | Director | 2 | — |
| Edwin Bogonko Md | Director | 2 | — |
| James Jess Wheeler Do | Director | 2 | — |
| Jennifer Deschaine | Director | 2 | — |
| Joanna Bryant | Director | 2 | — |
| Kimberly Egan | Director | 2 | — |
| Liz Diedrich | Director | 2 | — |
| Nancy O'connor Md | Director | 2 | — |
| Contractor | Services | Paid |
|---|---|---|
| Knutson Construction | Construction | $20,492,066 |
| Children's Health Care Inc | Professional Services - Medical | $1,134,348 |
| Mcgough Counstruction | Construction | $790,599 |
| Hammel Green & Abrahamson Inc | Professional Services - Consulting | $613,688 |
| Health Systems Cooporative Laundry | Professional Services - Laundry | $594,840 |
25 grants to St Francis Regional Medical Center totaling $393K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Hennepin Healthcare System Inc | Emergency preparedness | 2024 | $5,660 |
| Hennepin Healthcare System Inc | Emergency preparedness | 2023 | $44,638 |
| National Philanthropic Tr | Health | 2022 | $10,000 |
| Hennepin Healthcare System Inc | Emergency preparedness | 2022 | $8,559 |
| Hennepin Healthcare System Inc | Emergency preparedness | 2022 | $8,559 |
| Hennepin Healthcare System Inc | Emergency preparedness | 2021 | $15,282 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $14,500 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $14,500 |
| Hennepin Healthcare System Inc | Emergency preparedness | 2020 | $20,622 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2020 | $9,500 |
| Hennepin Healthcare System Inc | Emergency preparedness | 2019 | $10,597 |
| Minneapolis Foundation | Sponsorship for the gala | 2019 | $10,000 |
| Hennepin Healthcare System Inc | Emergency preparedness | 2018 | $10,250 |
| Allina Health System | General support | 2018 | $10,000 |
| Minneapolis Foundation | St. francis hospital in shakopee | 2018 | $9,930 |
5 grants totaling $125K in FY2024. All grants made by St Francis Regional Medical Center →
| Recipient | Purpose | Amount |
|---|---|---|
| River Valley Community Partnership | Support for health clinic serving people who are uninsured and underinsured | $25,000 |
| Shakopee Community Education | To support micasa summer camp for children | $25,000 |
| St Marys Health Clinics | Support for health clinic serving people who are uninsured and underinsured | $25,000 |
| Scott-carver-dakota Cap Agency Inc | Support for food shelf and food programs | $25,000 |
| Shakopee Lions Foundation | Support to create community baseball facility | $25,000 |
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Data for St Francis Regional Medical Center (EIN 41-0907986) 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.