Astera Health
- Assets
- $80.7m
- Revenue
- $90.1m
- Investments
- $1.6m
- Employees
- 530
- Location
- Wadena, MN
- Founding
- 05/1937
- Data as of
- 12/2021
- EIN
- 41-0713913
Organization Overview
Astera Health, operating under the name See Schedule O, is located in Wadena, MN. The organization was established in 1937. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2023, See Schedule O employed 530 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. See Schedule O 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 12/2021, See Schedule O generated $90.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $76.9m during the year ending 12/2021. While expenses have increased by 4.5% per year over the past 6 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ASTERA HEALTH IS COMMITTED TO IMPROVING THE HEALTH OF THE COMMUNITIES WE SERVE.
Describe the Organization's Program Activity:
ASTERA HEALTH IS A PRIVATE, NOT-FOR-PROFIT 25-BED CRITICAL ACCESS HEALTH SYSTEM COMMITTED TO PROVIDING PERSONALIZED SERVICES THAT IMPROVE THE HEALTH OF THE COMMUNITIES WE SERVE. AN 11-MEMBER VOLUNTEER GOVERNING BOARD PRESIDES OVER THE HOSPITAL, WHICH IS ACCREDITED BY THE JOINT COMMISSION. ASTERA HEALTH IS EQUIPPED WITH INTENSIVE CARE UNITS, SURGERY SUITES, LABOR AND DELIVERY SUITES, AN INPATIENT UNIT, DIAGNOSTIC X-RAY, LABORATORY, RESPIRATORY THERAPY, PHYSICAL AND OCCUPATIONAL THERAPY, CHIROPRACTIC, AND 24-HOUR EMERGENCY AND AMBULANCE CARE. ADDITIONALLY, ASTERA HEALTH OPERATES SIX CERTIFIED RURAL HEALTH CLINICS IN AREAS IDENTIFIED BY STATE AND FEDERAL AGENCIES AS HEALTH PROFESSIONAL SHORTAGE AREAS. AS ONE OF THE LARGEST EMPLOYERS IN WADENA COUNTY, OUR 369 (FTES) EMPLOYEES AND 95 VOLUNTEERS CONTRIBUTE TO OUR PATIENTS AND COMMUNITIES.ASTERA HEALTH IS COMMITTED TO IMPROVING THE HEALTH OF THE COMMUNITIES IT SERVES BY OFFERING SEVERAL CLASSES, EVENTS, AND SUPPORT GROUPS TO EDUCATE AND PROMOTE HEALTHY LIVING. EMS COURSES, INJURY PREVENTION FOR ATHLETES AND ADULT CLASSES, CPR CLASSES, PREGNANCY CLASSES, SUMMER INTERNSHIP PROGRAM, AND OUR BITE SIZE CONVERSATION MONTHLY LUNCH AND LEARN PROGRAM ARE JUST SOME OF THE FREE OFFERINGS AVAILABLE TO THE COMMUNITIES WE SERVE. THE ASTERA HEALTH FOUNDATION PROVIDES STUDENT AND STAFF SCHOLARSHIPS AS WELL AS COMMUNITY GRANTS TO IMPROVE HEALTH. OUR UNCOMPENSATED CARE (CHARITY CARE) PROGRAM PROVIDES DISCOUNTED AND FREE SERVICES TO PATIENTS WHO LACK THE RESOURCES TO BE FULLY RESPONSIBLE FOR THE HEALTHCARE THEY RECEIVE. OUR FINANCIAL ASSISTANCE PROGRAM (FAP) IS PUBLISHED ONLINE, AND OUR PATIENT FINANCIAL ADVOCATES ASSIST THOSE IN NEED OF USING THE FAP.THE COMMUNITY PARAMEDIC OUTREACH PROGRAM SERVES PATIENTS AT RISK OF USING THE ER OR INPATIENT UNIT FOR PRIMARY CARE SERVICES. THE PROGRAM HELPS THEM FIND MORE APPROPRIATE RESOURCES FOR THEIR MEDICAL NEEDS, CONDUCTING 368 VISITS DURING 2022, REDUCING THE COST OF CARE FOR THOSE INDIVIDUALS. ASTERA HEALTH SERVES AS A CLINICAL ROTATION SITE FOR NURSING STUDENTS AND FOR RADIOLOGY AND LABORATORY TECHNICIANS FROM AREA TECHNICAL COLLEGES, PARTICIPATING AS PRECEPTOR SITES FOR MEDICAL SCHOOLS INCLUDING THE RURAL PHYSICIAN ASSOCIATE PROGRAM AND SUMMER INTERNSHIP IN MEDICINE, AS WELL AS PROVIDING CAMPUS-BASED PRECEPTOR PHYSICIANS TO THE UNIVERSITY OF MINNESOTA-DULUTH AND ST. CLOUD RESIDENCY PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Van Bruggen Board Member | Trustee | 4 | $4,000 |
Terry Davis Board Member | Trustee | 4 | $0 |
Ryan Anderson Board Chair | OfficerTrustee | 4 | $0 |
Paul Drange Board Vice Chair | OfficerTrustee | 4 | $3,709 |
Dave Fjeldheim Board Member | Trustee | 4 | $3,536 |
Jolene Johannes Board Secretary | Trustee | 4 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ma Mortenson And Company Building Contractor | 12/30/22 | $37,676,608 |
Regional Diagnostic Radiology Radiology Reading Fees | 12/30/22 | $928,529 |
Wadena Medical Center Ltd Physician Services | 12/30/22 | $4,454,556 |
Bsg Maintenance Of Green Bay Inc Housekeeping And Laundry Services | 12/30/22 | $774,429 |
Hammel Green And Abrahamson Inc Building Architect | 12/30/22 | $472,436 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,151,202 |
| Investment income | $226,398 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $506,810 |
| Net Gain/Loss on Asset Sales | $142,123 |
| Net Income from Fundraising Events | $16,760 |
| Net Income from Gaming Activities | $16,079 |
| Net Income from Sales of Inventory | -$2,281 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $90,062,827 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $55,114 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,038,754 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $30,138,016 |
| Pension plan accruals and contributions | $1,667,600 |
| Other employee benefits | $6,338,808 |
| Payroll taxes | $2,011,280 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $70,810 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $13,178,361 |
| Advertising and promotion | $198,513 |
| Office expenses | $1,039,582 |
| Information technology | $44,873 |
| Royalties | $0 |
| Occupancy | $1,030,406 |
| Travel | $124,151 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $64,433 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,088,811 |
| Insurance | $419,141 |
| All other expenses | $0 |
| Total functional expenses | $76,926,218 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $73,100 |
| Savings and temporary cash investments | $16,829,659 |
| Pledges and grants receivable | $1,111,982 |
| Accounts receivable, net | $11,989,307 |
| Loans from Officers, Directors, or Controlling Persons | $12,121 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $655,236 |
| Inventories for sale or use | $843,687 |
| Prepaid expenses and deferred charges | $562,477 |
| Investments—publicly traded securities | $14,572,859 |
| Investments—other securities | $1,574,722 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $80,743,979 |
| Accounts payable and accrued expenses | $14,320,295 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $11,267,213 |
| 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 | $7,760,057 |
| Total liabilities | $33,347,565 |
| Net assets without donor restrictions | $47,331,000 |
| Net assets with donor restrictions | $65,414 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $47,396,414 |
Grants Awarded
Over the last fiscal year, Astera Health has awarded $14,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
UNITED WAY OF OTTER TAIL AND WADENA COUNTIES PURPOSE: GENERAL SUPPORT | $6,500 |
WEST CENTRAL ECONOMIC DEVELOPMENT ALLIANCE PURPOSE: GENERAL SUPPORT | $7,500 |