Centracare Clinic is located in St Cloud, MN. The organization was established in 1997. According to its NTEE Classification (E32) the organization is classified as: Community Clinics, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Centracare Clinic 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 06/2021, Centracare Clinic generated $285.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $327.4m during the year ending 06/2021. While expenses have increased by 6.0% 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
WE'RE HERE FOR YOUR WHOLE LIFE TO LISTEN, THEN SERVE, TO GUIDE AND HEAL BECAUSE HEALTH MEANS EVERYTHING.
Describe the Organization's Program Activity:
MEDICAL PROFESSIONAL SERVICES CENTRACARE CLINIC (CCC) PROVIDES A WIDE RANGE OF PRIMARY CARE AND SPECIALTY MEDICAL SERVICES THROUGH A MULTI SPECIALTY CLINIC STRUCTURE AS THE PHYSICIAN COMPONENT OF CENTRACARE HEALTH, AN INTEGRATED HEALTH CARE DELIVERY SYSTEM.CCC'S FORMALLY ADOPTED CORE VALUES ARE:PATIENT CENTERED: SERVING PATIENTS ABOVE ALL.INTEGRITY: ADHERING TO HONEST AND ETHICAL PRACTICES.COLLABORATION: WORKING JOINTLY WITH OTHERS TO IMPROVE HEALTH AND HEALTH CARE.COMPASSION: SERVING ALL WHO SEEK OUR CARE WITH KINDNESS, DIGNITY AND RESPECT.STEWARDSHIP: ENSURING RESPONSIBLE USE OF ALL RESOURCES TO BEST SERVE OUR COMMUNITIES. CCC ACHIEVES THESE VALUES THROUGH SERVICES PROVIDED BY A TEAM OF PHYSICIANS, ADVANCED PRACTICE PROVIDERS, NURSES, DIETICIANS, EDUCATORS AND OTHER HEALTH CARE PROFESSIONALS. MANY SERVICES ARE PROVIDED TO THE GROWING DIVERSE POPULATION IN CENTRAL MINNESOTA. CCC ALSO PROVIDES THE PROFESSIONAL STAFFING FOR DESIGNATED RURAL HEALTH CLINICS AND HEALTH MANPOWER SHORTAGE AREAS SERVED BY CENTRACARE HEALTH IN RURAL MINNESOTA. A SUMMARY OF THE MAJOR ACTIVITIES ACCOMPLISHED FOR THE YEAR ENDED JUNE 30, 2021:- CLINIC VISITS 446,601- HOSPITAL VISITS 151,803- NURSING HOME VISITS 7,918- SURGICAL 239,384- LABORATORY 608,591- IMMUNIZATION/INJECTION 1,401,382- RADIOLOGY TESTS 45,602- SURGICAL-MINOR 39,190- SPECIAL PROCEDURES 60,520
CCC PARTICIPATES IN A WIDE VARIETY OF GOVERNMENTAL HEALTHCARE PROGRAMS INCLUDING: MEDICARE, MEDICAID, MINNESOTA CARE, MINNESOTA GENERAL ASSISTANCE AND PROGRAMS FOR MILITARY, VETERANS AND THEIR FAMILIES. FOR THE YEAR ENDED JUNE 30, 2021, CCC INCURRED COSTS OF $104,927,221 IN EXCESS OF PAYMENTS RECEIVED FOR SERVICES TO PATIENTS COVERED UNDER THESE PROGRAMS AND TAXES AND FEES RELATING TO THESE PROGRAMS.GOVERNMENTAL HEALTHCARE PROGRAMS PROVIDER REIMBURSEMENT AMOUNTS ARE BELOW THE COSTS THE PROVIDER INCURS TO PROVIDE THESE SERVICES: - MEDICARE COSTS IN EXCESS OF PAYMENTS $65,113,499- MEDICAID COSTS IN EXCESS OF PAYMENTS $30,131,532- SURCHARGES, FEES AND MINNESOTACARE TAX $2,635,703- MILITARY COSTS IN EXCESS OF PAYMENTS $6,960,798
CCC SUPPORTS A WIDE VARIETY OF PATIENTS WHO EXPRESS A WILLINGNESS TO PAY BUT ARE UNABLE TO DO SO DUE TO SOCIOECONOMIC FACTORS. ADDITIONALLY CCC RECORDS BAD DEBT AT TIMES WHEN IT IS UNABLE TO RECEIVE PAYMENT FOR SERVICES PROVIDED. FOR THE YEAR ENDED JUNE 30, 2021, $7,871,909 OF UNCOMPENSATED CARE WAS PROVIDED. $889,716 OF CHARITY CARE WAS PROVIDED UNDER THE ORGANIZATION'S FINANCIAL ASSISTANCE PROGRAM. THE FINANCIAL ASSISTANCE PROGRAM PROVIDES PATIENTS WILLING, BUT UNABLE TO PAY, TO HAVE PATIENT BALANCES OTHERWISE DUE, REDUCED OR WAIVED. THE FINANCIAL ASSISTANCE PROGRAM ENSURES THE PATIENTS OF THE COMMUNITIES SERVED BY CCC HAVE ACCESS TO QUALITY MEDICAL CARE SERVICES REGARDLESS OF THEIR ABILITY TO PAY. CCC PROVIDES SERVICES TO ALL IN NEED AND AT TIMES PATIENT ACCOUNT BALANCES GO UNPAID, KNOWN AS BAD DEBT, THESE BAD DEBT AMOUNT FOR THE YEAR ENDED JUNE 30, 2021 TOTALED $6,982,193.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kenneth D Holmen MD President/ceo | OfficerTrustee | 6.5 | $0 |
Steve Laraway Board Chair | OfficerTrustee | 0.25 | $0 |
David Anfinson Vice Chair | OfficerTrustee | 0.25 | $0 |
Craig Broman Chief Operating Officer/evp | Officer | 6.5 | $0 |
Michael Blair Cfo/sr Vp/treasurer | Officer | 1 | $0 |
Diane R Buschena-Brenna Vice President | Officer | 18 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Hayes Locums Physician Locums | 6/29/21 | $991,286 |
University Of Minnesota Physicians Physician Locums | 6/29/21 | $1,201,530 |
Northwest Professional Center Rent | 6/29/21 | $678,479 |
Willoughby Medical Consulting Physician Locums | 6/29/21 | $486,000 |
All Star Recruiting Locums Llc Physician Locums | 6/29/21 | $674,996 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $396,785 |
Government grants | $611,932 |
All other contributions, gifts, grants, and similar amounts not included above | $511,709 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,520,426 |
Total Program Service Revenue | $281,392,759 |
Investment income | $204,732 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $2,027,180 |
Miscellaneous Revenue | $0 |
Total Revenue | $285,152,857 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $2,050 |
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 | $206,851,435 |
Pension plan accruals and contributions | $11,501,863 |
Other employee benefits | $19,674,175 |
Payroll taxes | $9,751,924 |
Fees for services: Management | $0 |
Fees for services: Legal | $2,315 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $15,288,461 |
Advertising and promotion | $26,132 |
Office expenses | $622,213 |
Information technology | $13,723,867 |
Royalties | $0 |
Occupancy | $1,529,767 |
Travel | $257,918 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,530,757 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,927,841 |
Insurance | $2,568,695 |
All other expenses | $2,397,051 |
Total functional expenses | $327,355,277 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $11,288 |
Savings and temporary cash investments | $22,212,810 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $28,889,083 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $1,633,168 |
Inventories for sale or use | $1,705,372 |
Prepaid expenses and deferred charges | $1,573,264 |
Net Land, buildings, and equipment | $7,699,776 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $4,630,568 |
Other assets | $27,140,444 |
Total assets | $95,495,773 |
Accounts payable and accrued expenses | $42,117,426 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $4,983,735 |
Total liabilities | $47,101,161 |
Net assets without donor restrictions | $48,394,612 |
Net assets with donor restrictions | $0 |
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 | $95,495,773 |
Over the last fiscal year, we have identified 2 grants that Centracare Clinic has recieved totaling $46,877.
Awarding Organization | Amount |
---|---|
National Childrens Alliance Inc Washington, DC PURPOSE: CORE SERVICES | $38,060 |
National Childrens Alliance Inc Washington, DC PURPOSE: PROGRAM IMPROVEMENT | $8,817 |
Organization Name | Assets | Revenue |
---|---|---|
Centracare Clinic St Cloud, MN | $95,495,773 | $285,152,857 |
Duluth Clinic Ltd Duluth, MN | $142,326,719 | $178,643,694 |
Aspirus Medical Group Inc Wausau, WI | $76,960,726 | $101,291,684 |
Primary Health Care Inc Des Moines, IA | $28,991,051 | $57,901,861 |
Sixteenth Street Community Health Centers Inc Milwaukee, WI | $37,567,080 | $53,800,182 |
Access Community Health Centers Inc Madison, WI | $31,885,539 | $48,730,250 |
The Lakes Community Health Center Inc Iron River, WI | $36,144,121 | $44,234,477 |
Grant Regional Health Center Inc Lancaster, WI | $74,588,669 | $46,740,494 |
Siouxland Community Health Center Sioux City, IA | $43,865,314 | $45,291,903 |
Community Health Care Inc Davenport, IA | $35,608,530 | $43,984,779 |
Horizon Health Care Inc Howard, SD | $27,415,990 | $38,593,167 |
Milwaukee Health Services Inc Milwaukee, WI | $12,836,316 | $28,015,287 |