Metropolitan Healthcare Partnership
- Assets
- $425.4k
- Revenue
- $899.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 09/1996
- Data as of
- 12/2023
- EIN
- 41-1817108
Organization Overview
Metropolitan Healthcare Partnership is located in Minneapolis, MN. The organization was established in 1996. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Metropolitan Healthcare Partnership is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Metropolitan Healthcare Partnership generated $899.0k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.5%) per year over the past 9 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE REPRESENTATION AND CONSULTATION FOR MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
METROPOLITAN HEALTHCARE PARTNERSHIP (MHP), FORMERLY KNOWN AS THE LABOR RELATIONS BOARD, WAS CREATED TO FURTHER THE INTERESTS OF THE HEALTH CARE INDUSTRY, GENERALLY IN THE MINNEAPOLIS-ST. PAUL AREA BY PRESENTING AND RESOLVING LABOR DISPUTES, NEGOTIATING COLLECTIVE BARGAINING AGREEMENTS, AND EXERCISING CERTAIN FUNCTIONS RESERVED TO SPONSORING EMPLOYERS WITH RESPECT TO THE MULTI-EMPLOYER PENSION PLANS CREATED BY AND INCIDENTAL TO THE COLLECTIVE BARGAINING AGREEMENTS.MHP COORDINATES THE PLANNING, DATA COLLECTION, AND LOGISTICAL ARRANGEMENTS FOR NEGOTIATIONS OF LABOR CONTRACTS FOR ITS MEMBERS. MHP ALSO PARTICIPATES IN THE NEGOTIATIONS AND ASSISTS IN FINALIZING CONTRACT LANGUAGE, PRINTING THE CONTRACTS, COMPOSING INTERPRETIVE MEMORANDA AND MANUALS, AND FOLLOWING UP ON PROPOSALS AGREED TO DURING CONTRACT NEGOTIATIONS. MHP ANSWERS QUESTIONS FROM ITS MEMBERS REGARDING THE INTERPRETATIONS OF CONTRACTS, MAINTAINS THE HISTORY OF GRIEVANCES AND ARBITRATIONS, AND ASSISTS IN RESOLVING GRIEVANCES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Trudi Trysla Board Chair | OfficerTrustee | 2 | $0 |
Kate Keiper Vice Chair | OfficerTrustee | 2 | $0 |
Laurin Cathey Treasurer | OfficerTrustee | 2 | $0 |
Mary Nease Director | Trustee | 2 | $0 |
Shannon Sloan Secretary | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Felhaber Larson Fenlon & Vogt Legal Services | 12/30/23 | $763,875 |
Arthur J Gallagher Risk Management Servi Risk Management Services | 12/30/23 | $118,607 |
Faegre Drinker Biddle & Realth Llp International Law Firm | 12/30/23 | $100,400 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $885,731 |
| Investment income | $13,282 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $899,013 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $765,369 |
| Fees for services: Accounting | $5,775 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $224,974 |
| Advertising and promotion | $0 |
| Office expenses | $422 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $16,446 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $118,607 |
| All other expenses | $6,588 |
| Total functional expenses | $1,138,181 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $425,371 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $425,371 |
| Accounts payable and accrued expenses | $91,362 |
| 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 | $0 |
| Total liabilities | $91,362 |
| Net assets without donor restrictions | $334,009 |
| 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 | $425,371 |