Fairview Health Services is located in Minneapolis, MN. The organization was established in 1973. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. As of 12/2021, Fairview Health Services employed 32,054 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fairview Health Services 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, Fairview Health Services generated $4.1b in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $3.7b during the year ending 12/2021. While expenses have increased by 0.7% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
FAIRVIEW IS DRIVEN TO HEAL, DISCOVER AND EDUCATE FOR LONGER, HEALTHIER LIVES.
Describe the Organization's Program Activity:
FAIRVIEW HEALTH SERVICES IS AN INDUSTRY-LEADING, AWARD-WINNING, NONPROFIT, INTEGRATED HEALTH SYSTEM PROVIDING EXCEPTIONAL HEALTH CARE ACROSS THE FULL SPECTRUM OF HEALTH CARE SERVICES. FOUNDED IN 1906, FAIRVIEW SERVES THE TWELVE-COUNTY MINNEAPOLIS/ST. PAUL METRO AREA, AS WELL AS COMMUNITIES THROUGHOUT GREATER MINNESOTA AND PORTIONS OF NORTHERN IOWA AND WESTERN WISCONSIN AND IS ONE OF THE MOST COMPREHENSIVE AND GEOGRAPHICALLY ACCESSIBLE SYSTEMS IN MINNESOTA. FAIRVIEW, THE UNIVERSITY OF MINNESOTA AND THE UNIVERSITY OF MINNESOTA PHYSICIANS APPROVED AN AGREEMENT WHICH BECAME EFFECTIVE IN LATE 2018 (THE "M HEALTH FAIRVIEW AGREEMENT"). WHILE THE PARTIES MAINTAIN THEIR SEPARATE GOVERNANCE, THE M HEALTH FAIRVIEW AGREEMENT FURTHER INTEGRATED OPERATIONS ACROSS THE CLINICAL DELIVERY SYSTEM AND ENHANCES RESEARCH AND EDUCATION BY CREATING A JOINT CLINICAL ENTERPRISE AMONG THE PARTIES. THE M HEALTH FAIRVIEW AGREEMENT BRINGS TOGETHER NOT ONLY UMMC AND ITS RELATED SERVICE LINES, BUT ALSO FAIRVIEW'S OTHER HOSPITALS, PRIMARY CARE CLINICS, AND OTHER SERVICES. ALL ARE PART OF A SHARED CARE DELIVERY SYSTEM THAT IS LED BY A SINGLE STRUCTURE THAT INCLUDES ACADEMIC PHYSICIAN LEADERSHIP. THE GOAL OF THE JOINT CLINICAL ENTERPRISE IS TO CREATE A NATIONALLY-RENOWNED ACADEMIC HEALTH SYSTEM. THIS CARE SYSTEM WAS UNITED UNDER A SINGLE BRAND, M HEALTH FAIRVIEW, WHICH IS INCLUSIVE OF THE FAIRVIEW HOSPITALS AND CLINICS IN MARCH 2020, THE WORLD HEALTH ORGANIZATION DECLARED THE COVID-19 OUTBREAK A PANDEMIC. THE PANDEMIC HAS HAD A SIGNIFICANT NEGATIVE EFFECT ON THE HEALTHCARE INDUSTRY. FAIRVIEW CONTINUES TO FOLLOW GUIDANCE FROM THE CENTER FOR DISEASE CONTROL AND PREVENTION AND THE MINNESOTA DEPARTMENT OF HEALTH AND IS COORDINATING ITS ACTIVITIES WITH STATE AND LOCAL GOVERNMENTS AS WELL AS OTHER HEALTH SYSTEMS IN THE STATE AND REGION. FIRST AND FOREMOST, FAIRVIEW'S FOCUS IS ON CARING FOR ITS PATIENTS DURING THIS ONGOING PANDEMIC. FAIRVIEW CONTINUES TO PROVIDE COVID-19 VACCINES TO ALL INDIVIDUALS AGES 5 AND OLDER. FAIRVIEW IS COMMITTED TO EDUCATING THE COMMUNITY AND DISTRIBUTING VACCINES. FAIRVIEW HAS ADMINISTERED THE MOST VACCINES IN THE STATE OF MINNESOTA. AS OF DECEMBER 31, 2021, FAIRVIEW HAS ADMINISTERED MORE THAN 540,000 DOSES TO PATIENTS IN THE SYSTEM. A REMARKABLE PROGRAM CALLED THE MINNESOTA IMMUNIZATION NETWORK INITIATIVE (MINI), A COLLABORATION LED BY FAIRVIEW AND SUPPORTED BY OVER 120 COMMUNITY PARTNERS, WORKS TO REDUCE BARRIERS TO INFLUENZA VACCINATIONS FOR COMMUNITIES EXPERIENCING DISPARITIES. MINI PROVIDES FLU IMMUNIZATIONS FREE OF CHARGE TO COMMUNITY MEMBERS SIX MONTHS AND OLDER. SINCE INCEPTION, MORE THAN 100,000 IMMUNIZATIONS HAVE BEEN GIVEN TO PREVENT INFLUENZA. MINI CLINICS ARE HOSTED AT NON-TRADITIONAL LOCATIONS SUCH AS CHURCHES, MOSQUES, TEMPLES, SCHOOLS, COMMUNITY CENTERS, LIBRARIES, FOOD PANTRIES, AND HOMELESS SHELTERS. THE CLINICS ARE HOSTED BY A LOCAL PARTNER WHO PROVIDES THE SPACE, PROMOTION, AND SERVES AS A TRUSTED MESSENGER FOR COMMUNITY MEMBERS. FAIRVIEW PROVIDES THE VACCINE AND CLINICAL TEAM, INCLUDING INTERPRETERS, SUPPORT STAFF AND INFORMATION ABOUT OTHER LOCAL COMMUNITY RESOURCES. INFLUENZA VACCINATIONS ARE PROVIDED AT NO CHARGE TO PARTICIPANTS, SIX MONTHS AND OLDER. MINI CLINICS HAVE EXPANDED THEIR REACH TO INCLUDE OTHER VACCINATIONS SUCH AS HEPATITIS A, BLOOD PRESSURE SCREENING AND CARDIOVASCULAR HEALTH EDUCATION, FREE DENTAL VARNISH TREATMENTS AND ORAL HEALTH EDUCATION. THESE SERVICES ARE OFTEN PROVIDED IN CONJUNCTION WITH MINI FLU SHOTS CLINICS OR ON THEIR OWN. DURING THE COVID-19 PANDEMIC, THE MINI PROGRAM LEVERAGED OVER 15 YEARS OF EXPERIENCE PROVIDING MOBILE CLINICAL SERVICES IN DIVERSE SETTINGS TO RESPOND TO THE URGENT PUBLIC HEALTH CRISIS. MINI LAUNCHED A LARGE SCALE, LOW BARRIER TESTING INITIATIVE IN PARTNERSHIP WITH SAINT PAUL RAMSEY COUNTY PUBLIC HEALTH AND THE MINNESOTA DEPARTMENT OF HEALTH. THIS COLLABORATION ENABLED THOUSANDS OF COMMUNITY MEMBERS TO RECEIVE A FREE COVID-19 TEST IN CONVENIENT, TRUSTED COMMUNITY SPACES. IN TOTAL, MINI SUPPORTED 47 TESTING EVENTS AND ADMINISTERED ALMOST 20,000 TESTS. TO DATE, MINI HAS PROVIDED 800 COMMUNITY BASED COVID VACCINATION CLINICS AND GIVEN OVER 49,800 VACCINATIONS. MINI CONTINUED TO PROVIDE INFLUENZA VACCINATIONS THROUGHOUT THE PANDEMIC AND ADMINISTERED OVER 4,000 FREE FLU SHOTS IN 2021. THE FAIRVIEW SYSTEM CONSISTS OF 11 HOSPITALS, IT CONTROLS AND OPERATES UNIVERSITY OF MINNESOTA MEDICAL CENTER, THE ADULT AND PEDIATRIC TEACHING HOSPITAL OF THE UNIVERSITY OF MINNESOTA MEDICAL SCHOOL, HAS 10 COMMUNITY BASED GENERAL ACUTE CARE HOSPITALS AND 1 LONG-TERM ACUTE CARE HOSPITAL; OVER 80 PRIMARY AND SPECIALTY CARE CLINICS; OFFERS OVER 100 SPECIALTY CARE SERVICES; URGENT CARE CLINICS; OCCUPATIONAL HEALTH CLINICS; 36 RETAIL AND SPECIALTY PHARMACIES; PHARMACY BENEFIT MANAGEMENT SERVICES; REHABILITATION CENTERS; COUNSELING; HOSPICE SERVICES; 90+ OWNED AND MANAGED SENIOR CARE FACILITIES AND LONG-TERM CARE HOUSING FACILITIES (THROUGH EBENEZER SOCIETY, A FAIRVIEW SUBSIDIARY); AND EMERGENCY MEDICAL TRANSPORTATION. FAIRVIEW'S 34,000+ EMPLOYEES AND NETWORK OF 5,000+ SYSTEM PROVIDERS EMBRACE INNOVATION AND NEW THINKING TO DRIVE A HEALTHIER FUTURE THROUGH HEALING, DISCOVERY AND EDUCATION. THE HEALTH CARE AND MEDICAL SERVICES WHICH FAIRVIEW PROVIDES TO THE COMMUNITY INCLUDE, BUT ARE NOT LIMITED TO: PRIMARY, SPECIALTY, TERTIARY, AND QUATERNARY CARE; HOSPITAL AND PHYSICIAN SERVICES; SENIOR SERVICES; ASSISTED LIVING; LONG-TERM CARE; URGENT CARE AND EMERGENCY SERVICES; PHARMACY; CARE OF MOTHERS AND CHILDREN; PHYSICAL THERAPY/SPORTS MEDICINE; REHABILITATION SERVICES; AND INPATIENT AND OUTPATIENT BEHAVIORAL HEALTH CARE AND CHEMICAL DEPENDENCY SERVICES. FAIRVIEW PROVIDES SPECIALIZED CARE FOR THE TREATMENT OF CANCER, HEART DISEASE, DIABETES, WOUND CARE, CHRONIC CONDITIONS, SOLID ORGAN TRANSPLANT, BLOOD AND MARROW TRANSPLANT, AND MANY OTHER SPECIALTIES. FAIRVIEW ALSO OFFERS SOCIAL WORK SERVICES, HEALTH EDUCATION AND SUPPORT GROUPS AND SERVICES FOR VARIOUS HEALTH ISSUES. FAIRVIEW HEALTH SERVICES PROVIDES CARE AT THE FOLLOWING: UNIVERSITY OF MINNESOTA MEDICAL CENTER AND UNIVERSITY OF MINNESOTA MASONIC CHILDREN'S HOSPITAL (UMMC) ARE THE ADULT AND PEDIATRIC TEACHING HOSPITALS OF THE UNIVERSITY OF MINNESOTA. THE MEDICAL CENTER IS LOCATED ON BOTH THE EAST AND WEST BANKS OF THE UNIVERSITY OF MINNESOTA CAMPUS. WITH 1,700 LICENSED BEDS, UMMC IS COMMITTED TO PROVIDING EXCEPTIONAL, INNOVATIVE HEALTH CARE, PAIRING GROUNDBREAKING TECHNOLOGY AND TREATMENTS WITH PATIENT-CENTERED CARE. OUR PARTNERSHIP WITH THE UNIVERSITY OF MINNESOTA MEDICAL SCHOOL AND UNIVERSITY OF MINNESOTA PHYSICIANS PROVIDES THE PLATFORM TO SPECIALIZE IN BREAKTHROUGH TREATMENTS, SURGICAL TECHNIQUES, AND LIFESAVING THERAPIES, AND TO TRAIN TOMORROW'S PHYSICIANS. CLINICAL TRIALS ADVANCE OUR CLINICAL SERVICES, BRINGING THE NEWEST RESEARCH AND IDEAS TO PATIENT CARE. WE ALSO PROVIDE AN IMPORTANT TRAINING ENVIRONMENT FOR RESIDENTS, FELLOWS, AND MANY OTHER HEALTH CARE LEARNERS. KEY SERVICES INCLUDE MATERNITY, HEART CARE, GENERAL SURGERY, CANCER CARE, SOLID ORGAN TRANSPLANTS, BLOOD MARROW TRANSPLANTS, AND PEDIATRIC SPECIALTIES. FAIRVIEW, IN PARTNERSHIP WITH UNIVERSITY OF MINNESOTA PHYSICIANS, PROVIDES EXCEPTIONAL CARE IN MORE THAN 100 SPECIALTY AREAS. OTHER SERVICES OFFERED THROUGH RELATED ENTITIES INCLUDE PHARMACY, REHABILITATION SERVICES, FAIRVIEW ACHIEVEMENT CENTER, FAIRVIEW PARTNERS, FAIRVIEW COUNSELING SERVICES, CARE MANAGEMENT AND COORDINATION, MEDICAL TRANSPORTATION, AND SUBSIDIZED HEALTH SERVICES. FAIRVIEW SOUTHDALE HOSPITAL OPENED IN EDINA IN 1965. WITH 390 LICENSED BEDS, THE HOSPITAL IS KNOWN FOR ITS AWARD-WINNING HEART, STROKE, AND CANCER CARE. FAIRVIEW SOUTHDALE OFFERS CONVENIENT ACCESS TO MORE THAN 40 SPECIALTY SERVICES INCLUDING CARDIOLOGY, ORTHOPEDICS, ONCOLOGY, OBSTETRICS, PRIMARY CARE, NEUROSCIENCES, CRITICAL CARE, VASCULAR AND EMERGENCY SERVICES. KEY SERVICES INCLUDE LABOR AND DELIVERY, HEART CARE, CANCER CARE, A BREAST CENTER, ORTHOPEDIC SURGERY, GENERAL SURGERY, SPINE & BRAIN, A STROKE CENTER, AND SLEEP SERVICES. FAIRVIEW RIDGES HOSPITAL OPENED IN BURNSVILLE IN 1985. IT PROVIDES COMPREHENSIVE, SPECIALIZED CARE TO THE SOUTHERN TWIN CITIES COMMUNITY WITH ITS 150 LICENSED BEDS. FAIRVIEW RIDGES HOSPITAL PROVIDES CARE FOR THE ENTIRE FAMILY, INCLUDING PEDIATRIC EMERGENCY CARE AND NEONATAL INTENSIVE CARE. THE HOSPITAL OFFERS ONSITE ACCESS TO SPECIALISTS IN EVERYTHING FROM HEART AND CANCER CARE TO MIDWIFERY AND SPORTS MEDICINE. IN DECEMBER 2021, U.S. NEWS & WORLD REPORT RELEASED ITS FIRST-EVER "BEST HOSPITALS FOR MATERNITY" LIST, RECOGNIZING M HEALTH FAIRVIEW RIDGES HOSPITAL, AS AMONG 237 "HIGH PERFORMING" HOSPITALS NATIONWIDE. KEY SERVICES INCLUDE LABOR AND DELIVERY, HEART CARE, CANCER CARE, BREAST CENTER, ORTHOPEDIC SURGERY, GENERAL SURGERY, SPINE & BRAIN, PEDIATRIC INPATIENT, AND SLEEP SERVICES.
COST OF PARTICIPATING IN GOVERNMENT PROGRAMS: FAIRVIEW IS COMMITTED TO SERVING THE HEALTH CARE NEEDS OF MEMBERS OF ITS COMMUNITY. TO SUPPORT FULL ACCESS TO SERVICES, FAIRVIEW PARTICIPATES IN THE FOLLOWING PUBLIC HEALTH CARE PROGRAMS: MEDICARE, MEDICAID, AND MINNESOTA CARE. REIMBURSEMENT FROM THESE PROGRAMS FOR SERVICES RENDERED, GENERALLY FALLS BELOW THE COST OF PROVIDING THE CARE. TO COMPENSATE FOR THE UNDER FUNDING BY GOVERNMENT PROGRAMS, FAIRVIEW MAKES A SIGNIFICANT FINANCIAL INVESTMENT TO OFFSET THESE LOSSES. IN 2021, FAIRVIEW INCURRED $57,646,309 OF TAXES AND SURCHARGE COSTS IN HEALTH CARE SERVICES THAT EXCEEDED THE REIMBURSEMENT RECEIVED BY PUBLIC PROGRAMS, SURCHARGE, TAXES AND FEES RELATED TO THESE PROGRAMS AND NOT INCLUDING MEDICARE. THE FOLLOWING IS A BREAKDOWN ON COSTS RELATED TO THE COST OF PARTICIPATING IN GOVERNMENT PROGRAMS: COSTS EXCEED MEDICAID REIMBURSEMENT: FAIRVIEW IS SERVING THOUSANDS OF LOW INCOME INDIVIDUALS COVERED BY MEDICAL ASSISTANCE AND MINNESOTA CARE. REIMBURSEMENT FROM THESE PROGRAMS IS LESS THAN FAIRVIEW'S COST OF PROVIDING CARE TO THESE PATIENTS. TOTAL MEDICAID SURTAX COSTS RELATED TO HOSPITALS, PHARMACIES, AND SURGICAL CENTERS WAS $26,200,664. MINNESOTA CARE TAX: THE STATE OF MINNESOTA LEVIES A 2 PERCENT TAX ON CERTAIN HEALTH CARE PROVIDER REVENUES. MONEY GENERATED FROM THIS TAX HELPS TO DEFRAY THE COSTS INCURRED FROM MINNESOTA CARE AND OTHER PROGRAMS/SERVICES FOR UNINSURED INDIVIDUALS. IN 2021, FAIRVIEW PAID $30,821,605 IN MINNESOTA CARE TAXES. TAXES AND FEES: FAIRVIEW DOES PAY SOME PROPERTY TAX TO LOCAL AND STATE GOVERNMENT. THIS HELPS TO FUND CIVIL AND EDUCATIONAL SERVICES IN THE COMMUNITY. THE REAL ESTATE COSTS FOR 2021 TOTALED $2,557,166 AND THE SALES AND INCOME TAXES TOTALED $7,494,530. COSTS EXCEEDING MEDICARE REIMBURSEMENT: FAIRVIEW CARES FOR THOUSANDS OF INDIVIDUALS AGES 65 AND OLDER WHO ARE COVERED BY MEDICARE. FAIRVIEW INCURRED $155,956,878 OF MEDICARE REIMBURSEMENT SHORTFALLS. REIMBURSEMENT FROM MEDICARE IS LESS THAN FAIRVIEW'S COST OF PROVIDING CARE TO THE PATIENT. THE TOTAL COST OF PROVIDING THESE BENEFITS WAS $953,444,476.
THE PRIMARY PURPOSE OF OUR EDUCATIONAL AND RESEARCH PROGRAMS IS TO BENEFIT PATIENTS AND THE COMMUNITY AT LARGE BY EDUCATING HEALTH PROFESSIONALS BOTH WITHIN FAIRVIEW AND IN THE BROADER COMMUNITY, AND BY FOSTERING ADVANCES IN KNOWLEDGE AND EVIDENCE-BASED IMPROVEMENTS TO CLINICAL TREATMENTS AND APPROACHES TO HEALTH CARE DELIVERY. IN PARTNERSHIP WITH THE UNIVERSITY OF MINNESOTA ACADEMIC HEALTH CENTER AND UNIVERSITY OF MINNESOTA PHYSICIANS, FAIRVIEW HAS A STRONG AND ABIDING COMMITMENT TO RESEARCH AND EDUCATION. TOGETHER, WE VIEW RESEARCH AS AN INTEGRAL AND CRITICAL COMPONENT IN PROVIDING EXCEPTIONAL CARE TO PATIENTS AND THE COMMUNITY. WE SEEK TO BE A NATIONAL LEADER IN CLINICAL RESEARCH AND A REGIONAL CENTER FOR CLINICAL RESEARCH ACTIVITIES. FAIRVIEW CONTINUES ITS FOCUS AND SUPPORT OF RESEARCH AND EDUCATION. THIS COMMITMENT INCLUDED PROVIDING THE RESOURCES OF TIME, MONEY, AND TALENT WHILE ENSURING THE FACILITIES, SUPPORTING INFRASTRUCTURES, AND PROCESSES WERE AVAILABLE TO FACILITATE AND ENCOURAGE THE CREATION OF NEW KNOWLEDGE. FAIRVIEW HAD MORE THAN 1,100 ACTIVE CLINICAL RESEARCH STUDIES UNDERWAY ACROSS THE HEALTH CARE SYSTEM. RESEARCH RANGES FROM DEEP BRAIN STIMULATION TO ULTRASOUND TREATMENT OF RHEUMATOID ARTHRITIS, STEM CELL TRANSPLANTS FOR MULTIPLE SCLEROSIS TO RECURRENT HYPOGLYCEMIA AND MANY OTHER TOPICS. FAIRVIEW OFFERS NUMEROUS SPONSORSHIPS AND TRAINING PROGRAMS, INTERNSHIPS, AND SCHOLARSHIPS TO EMPLOYEES AND THEIR DEPENDENTS - AS WELL AS TO STUDENTS IN OUR COMMUNITIES. FAIRVIEW PARTNERS WITH MORE THAN 160 SCHOOLS, 255 FAITH COMMUNITIES, AND 50 COMMUNITY GROUPS. FAIRVIEW HAS EDUCATIONAL PARTNERSHIPS WITH THE UNIVERSITY OF MINNESOTA AND ST. CATHERINE UNIVERSITY AND AFFILIATIONS WITH MANY OTHER INSTITUTIONS. FAIRVIEW ALSO OFFERS ITS OWN SPECIALIZED TRAINING PROGRAM IN PERIOPERATIVE NURSING. MORE THAN 5,500 COLLEGE AND GRADUATE STUDENTS PREPARED FOR CAREERS IN A WIDE RANGE OF MEDICAL FIELDS THROUGH CLINICAL TRAINING, INTERNSHIPS, AND JOB SHADOWING AT FAIRVIEW HOSPITALS AND CLINICS. THROUGH FAIRVIEW'S CLOSE PARTNERSHIP WITH THE UNIVERSITY OF MINNESOTA, MORE THAN 1,140 MEDICAL STUDENTS, RESIDENTS, AND FELLOWS TOOK COURSES AND COMPLETED ROTATIONS OF VARIOUS LENGTHS AT FAIRVIEW SETTINGS, INCLUDING M HEALTH FAIRVIEW UNIVERSITY OF MINNESOTA MEDICAL CENTER, M HEALTH FAIRVIEW UNIVERSITY OF MINNESOTA MASONIC CHILDREN'S HOSPITAL, AND FAIRVIEW'S PRIMARY CARE CLINICS. FAIRVIEW ALSO PROVIDES NUMEROUS CONTINUING EDUCATION OPPORTUNITIES TO ITS EMPLOYEES TO ENABLE THEM TO ENSURE THEY ARE KNOWLEDGEABLE ABOUT THE LATEST INNOVATIONS IN HEALTH CARE DELIVERY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Name Not Listed Director, Began 2-2021 | Trustee | 2 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Regents Of The University Of Minnesota Education | 12/30/21 | $121,912,009 |
U Of M Health Clinics & Surgery Center Medical Services | 12/30/21 | $124,826,161 |
Rightsourcing Inc Staffing | 12/30/21 | $75,007,827 |
Cushman & Wakefield Of Mn Inc Real Estate Services | 12/30/21 | $43,429,986 |
U Of M Physicians Medical Services | 12/30/21 | $688,519,037 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $9,661,587 |
Government grants | $54,056,912 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $146,189 |
Total Revenue from Contributions, Gifts, Grants & Similar | $63,718,499 |
Total Program Service Revenue | $3,660,930,632 |
Investment income | $47,170,941 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $26,991,925 |
Net Gain/Loss on Asset Sales | $160,949,796 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $157,017,687 |
Miscellaneous Revenue | $0 |
Total Revenue | $4,116,779,480 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $174,531 |
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. | $12,346,566 |
Compensation of current officers, directors, key employees. | $12,346,566 |
Compensation to disqualified persons | $242,131 |
Other salaries and wages | $1,436,468,093 |
Pension plan accruals and contributions | $75,314,925 |
Other employee benefits | $205,106,900 |
Payroll taxes | $96,351,230 |
Fees for services: Management | $46,798,310 |
Fees for services: Legal | $3,627,446 |
Fees for services: Accounting | $948,087 |
Fees for services: Lobbying | $742,610 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $5,743,395 |
Fees for services: Other | $213,522,919 |
Advertising and promotion | $1,308,825 |
Office expenses | $82,845,774 |
Information technology | $0 |
Royalties | $720 |
Occupancy | $60,299,321 |
Travel | $1,227 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $3,590,226 |
Interest | $33,540,901 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $111,559,793 |
Insurance | $4,889,287 |
All other expenses | $23,778,964 |
Total functional expenses | $3,711,951,365 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $10,712,312 |
Savings and temporary cash investments | $488,741,075 |
Pledges and grants receivable | $18,630,786 |
Accounts receivable, net | $2,136,470,778 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $116,319,208 |
Prepaid expenses and deferred charges | $48,618,773 |
Net Land, buildings, and equipment | $896,231,471 |
Investments—publicly traded securities | $1,152,564,058 |
Investments—other securities | $320,638,555 |
Investments—program-related | $40,621,110 |
Intangible assets | $0 |
Other assets | $221,501,412 |
Total assets | $5,451,049,538 |
Accounts payable and accrued expenses | $571,989,655 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $981,976,782 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $494,455,000 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $584,269,327 |
Total liabilities | $2,632,690,764 |
Net assets without donor restrictions | $2,774,440,379 |
Net assets with donor restrictions | $43,918,395 |
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 | $5,451,049,538 |
Over the last fiscal year, Fairview Health Services has awarded $2,298,195 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
Minneapolis, MN PURPOSE: HOSPITAL SUPPORT | $2,193,195 |
Minneapolis, MN PURPOSE: CLINICAL CARE | $105,000 |
Over the last fiscal year, we have identified 9 grants that Fairview Health Services has recieved totaling $1,942,868.
Awarding Organization | Amount |
---|---|
University Of Minnesota Foundation Minneapolis, MN PURPOSE: Fund grants to support the University of Minnesota Hospital and Clinical Programming at M Health Fairview | $1,796,489 |
Minnesota Hospital Association St Paul, MN PURPOSE: SUMMER HEALTHCARE INTERNSHIP PROGRAM | $60,702 |
Minnesota Hospital Association St Paul, MN PURPOSE: SUMMER HEALTHCARE INTERNSHIP PROGRAM | $35,333 |
Minnesota Hospital Association St Paul, MN PURPOSE: SUMMER HEALTHCARE INTERNSHIP PROGRAM | $14,894 |
Minnesota Hospital Association St Paul, MN PURPOSE: SUMMER HEALTHCARE INTERNSHIP PROGRAM | $12,586 |
Minnesota Hospital Association St Paul, MN PURPOSE: SUMMER HEALTHCARE INTERNSHIP PROGRAM | $8,496 |
Beg. Balance | $5,600,949 |
Other Expense | $746,889 |
Ending Balance | $4,854,060 |
Organization Name | Assets | Revenue |
---|---|---|
Gundersen Lutheran Administrative Services Inc La Crosse, WI | $1,235,621,372 | $953,342,080 |
Mercy Health Services Iowa Corp Mason City, IA | $937,001,767 | $829,323,680 |
Aurora Health Care Inc Milwaukee, WI | $4,608,404,718 | $666,695,867 |
Inclusa Inc Stevens Point, WI | $163,276,844 | $696,118,730 |
Froedtert & Community Health Inc Milwaukee, WI | $2,857,726,016 | $675,461,810 |
Mayo Clinic Rochester, MN | $311,934,704 | $436,452,129 |
Centracare Health System St Cloud, MN | $602,692,177 | $458,863,566 |
Trinity Health & Affiliates Minot, ND | $820,361,355 | $399,267,245 |
Mayo Clinic Rochester, MN | $378,538,838 | $313,497,491 |
Park Nicollet Health Services St Louis Park, MN | $608,681,389 | $167,440,964 |
Prohealth Care Inc Waukesha, WI | $1,736,578,007 | $187,367,757 |
Lakewood Health System Staples, MN | $153,437,720 | $115,022,151 |