Polinsky Medical Rehabilitation Center
- Assets
- $13.0m
- Revenue
- $11.6m
- Investments
- $8.3m
- Employees
- 168
- Location
- Duluth, MN
- Founding
- 03/1951
- Data as of
- 06/2022
- EIN
- 41-0691275
Organization Overview
Polinsky Medical Rehabilitation Center, operating under the name Essentia Health Polinsky Medical Rehabilitation Center, is located in Duluth, MN. The organization was established in 1951. According to its NTEE Classification (E50) the organization is classified as: Rehabilitative Care, under the broad grouping of Health Care and related organizations. As of 06/2022, Essentia Health Polinsky Medical Rehabilitation Center employed 168 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Essentia Health Polinsky Medical Rehabilitation Center is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Essentia Health Polinsky Medical Rehabilitation Center generated $11.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $13.3m during the year ending 06/2022. While expenses have increased by 1.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THROUGHOUT ESSENTIA HEALTH, WE ARE CALLED TO MAKE A HEALTHY DIFFERENCE IN PEOPLE'S LIVES. AS A MEMBER OF THE ESSENTIA HEALTH FAMILY, POLINSKY MEDICAL REHABILITATION CENTER'S MISSION AS A CATHOLIC, BENEDICTINE SPONSORED FACILITY IS TO PROMOTE CHRIST'S MINISTRY OF HOLISTIC HEALING FOR ALL HUMAN LIFE WITH SPECIAL CONCERN FOR THE POOR AND POWERLESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
POLINSKY MEDICAL REHABILITATION CENTER, DBA ESSENTIA HEALTH POLINSKY MEDICAL REHABILITATION CENTER, IS CREATED AND ORGANIZED EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, EDUCATIONAL, AND SCIENTIFIC PURPOSES. MORE SPECIFICALLY, ESSENTIA HEALTH POLINSKY MEDICAL REHABILITATION CENTER IS CREATED AND ORGANIZED TO OWN, MAINTAIN, OPERATE AND CONDUCT, DIRECTLY OR INDIRECTLY, AND TO ASSIST AND COORDINATE ACTIVITIES OF FACILITIES FOR HEALTH CARE, EDUCATION, CARE FOR THE AGED AND SOCIAL SERVICES IN ACCORDANCE WITH THE CHARITABLE WORKS TRADITION OF THE ROMAN CATHOLIC CHURCH. IN KEEPING WITH THIS SPECIFIC PURPOSE, ALL WORKS SHALL BE CARRIED OUT IN ACCORDANCE WITH THE CHARISM OF THE BENEDICTINE SISTERS BENEVOLENT ASSOCIATION, A MINNESOTA NONPROFIT CORPORATION; TO MAKE POSSIBLE THE PROVISION OF COMPREHENSIVE REHABILITATION SERVICES FOR PERSONS WITH DISABLING CONDITIONS, PRIMARILY THOSE WITH PHYSICAL IMPAIRMENTS; AND MAINTAIN A REHABILITATION CENTER.ESSENTIA HEALTH POLINSKY MEDICAL REHABILITATION CENTER PROVIDES INDIVIDUALIZED, SPECIALIZED MEDICAL REHABILITATION TO CHILDREN AND ADULTS. ESSENTIA HEALTH POLINSKY MEDICAL REHABILITATION CENTER OFFERS A BROAD RANGE OF OUTPATIENT SERVICES FOR ITS PATIENTS, INCLUDING COMPREHENSIVE EVALUATIONS AND TREATMENTS, PHYSICAL THERAPY, OCCUPATIONAL THERAPY, SPEECH-LANGUAGE THERAPY, PSYCHOLOGICAL SERVICES, AND NEUROPSYCHOLOGICAL SERVICES.ESSENTIA HEALTH POLINSKY MEDICAL REHABILITATION CENTER EMPLOYS NEARLY 90 FULL TIME EQUIVALENTS AND PROVIDED APPROXIMATELY 41,000 OUTPATIENT VISITS DURING THE FISCAL YEAR ENDED JUNE 30, 2022.DURING THE FISCAL YEAR ENDED JUNE 30, 2022, ESSENTIA HEALTH POLINSKY MEDICAL REHABILITATION CENTER PROVIDED THE FOLLOWING COMMUNITY BENEFITS: $12,000 IN CHARITY CARE AND $1.8 MILLION COSTS IN EXCESS OF MEDICAID PAYMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Herman MD Former Interim President | 0 | $0 | |
Jon Pryor MD President | Officer | 1 | $0 |
Bradley Beard Chief Operating Officer | Officer | 1 | $0 |
Daniel Nikcevich MD Former President | 0 | $0 | |
Anne Stephen MD Chief Medical Officer | Officer | 1 | $0 |
Kevin Boren Vice President, Finance | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $136 |
| Government grants | $88,223 |
| All other contributions, gifts, grants, and similar amounts not included above | $55,210 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $143,569 |
| Total Program Service Revenue | $10,653,619 |
| Investment income | $122,721 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $44,609 |
| Net Gain/Loss on Asset Sales | $625,073 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $4,862 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,594,453 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $175 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,472,619 |
| Pension plan accruals and contributions | $250,474 |
| Other employee benefits | $1,130,005 |
| Payroll taxes | $452,094 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $19,986 |
| Fees for services: Other | $131,552 |
| Advertising and promotion | $1,226 |
| Office expenses | $152,315 |
| Information technology | $7,272 |
| Royalties | $0 |
| Occupancy | $1,326,577 |
| Travel | $10,265 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $16,104 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $385,708 |
| Insurance | $136,980 |
| All other expenses | $262,618 |
| Total functional expenses | $13,278,342 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,153 |
| Savings and temporary cash investments | $1,387,763 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,215,409 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,263 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,096,981 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $8,253,814 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $12,956,383 |
| Accounts payable and accrued expenses | $863,562 |
| Grants payable | $0 |
| Deferred revenue | $43,274 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $37,921,361 |
| Total liabilities | $38,828,197 |
| Net assets without donor restrictions | -$25,902,674 |
| Net assets with donor restrictions | $30,860 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $12,956,383 |