Stratacor
- Assets
- $431.5m
- Revenue
- $1.1b
- Investments
- $304.5m
- Employees
- 134
- Location
- Minneapolis, MN
- Founding
- 06/1997
- Data as of
- 12/2022
- EIN
- 41-1852523
Organization Overview
Stratacor is located in Minneapolis, MN. The organization was established in 1997. According to its NTEE Classification (E02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Health Care and related organizations. As of 12/2022, Stratacor employed 134 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stratacor is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Stratacor generated $1.1b in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $1.1b during the year ending 12/2022. While expenses have increased by 1.0% per year over the past 8 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.
Since 2015, Stratacor has awarded 118 individual grants totaling $1,965,428. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
STRATACOR PROVIDES VARIOUS DENTAL SERVICE BENEFITS, RELATED HEALTH SERVICE BENEFITS AND ACCESS TO THE SAME TO PROMOTE THE ORAL HEALTH, HEALTH AND SOCIAL WELFARE OF THE COMMUNITIES SERVICED THROUGH ITS SUBSIDIARIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STRATACOR IS THE PARENT OF DELTA DENTAL OF MINNESOTA, DELTA DENTAL OF MINNESOTA FOUNDATION, DELTA DENTAL OF NEBRASKA AND HEALTH VENTURES NETWORK, EACH OF WHICH ARE NOT FOR PROFIT SUBSIDIARIES ORGANIZED TO PROMOTE ORAL HEALTH, HEALTH AND/OR ACCESS TO THE SAME IN THE COMMUNITIES WE SERVE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rodney A Young Chair/ceo | OfficerTrustee | 22 | $2,155,976 |
Bruce Templeton DMD Director | Trustee | 1.3 | $364,000 |
Michael W Howe Co-Lead Director | OfficerTrustee | 3.7 | $116,750 |
Kimberly F Price Vice Chair | OfficerTrustee | 1.9 | $84,000 |
Angela M Riley Co-Lead Director | OfficerTrustee | 2.5 | $81,000 |
Deb S Knutson Vice Chair | OfficerTrustee | 3.3 | $81,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Delta Dental Plan Of Michigan Inc Dental Administrative Services | 12/30/22 | $43,452,502 |
Pdg Pa Dental Claims | 12/30/22 | $40,781,614 |
Northland Dental Partners Pllc Dental Claims | 12/30/22 | $16,037,619 |
Dental Specialists Of Minnesota Pllc Dental Claims | 12/30/22 | $7,547,292 |
Modern Dental Professionals Minnesota Pc Dental Claims | 12/30/22 | $5,158,233 |
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 | $1,142,233,645 |
| Investment income | $2,225,166 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,134 |
| Net Gain/Loss on Asset Sales | $616,446 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,105,955,555 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $589,472 |
| 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. | $3,240,990 |
| Compensation of current officers, directors, key employees. | $226,870 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,668,534 |
| Pension plan accruals and contributions | $302,265 |
| Other employee benefits | $3,362,348 |
| Payroll taxes | $423,446 |
| Fees for services: Management | $458,262 |
| Fees for services: Legal | $262,606 |
| Fees for services: Accounting | $59,955 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $124,994 |
| Fees for services: Other | $26,216,178 |
| Advertising and promotion | $261,572 |
| Office expenses | $2,336,756 |
| Information technology | $1,388,050 |
| Royalties | $0 |
| Occupancy | $773,573 |
| Travel | $34,882 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,042 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,621,911 |
| Insurance | $639,021 |
| All other expenses | $2,879,789 |
| Total functional expenses | $1,148,687,038 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $58,964,425 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $37,857,604 |
| 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 | $1,433,159 |
| Net Land, buildings, and equipment | $6,566,167 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $304,453,486 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $22,210,474 |
| Total assets | $431,485,315 |
| Accounts payable and accrued expenses | $73,485,596 |
| Grants payable | $0 |
| Deferred revenue | $83,447 |
| 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 | $7,530,608 |
| Total liabilities | $81,099,651 |
| Net assets without donor restrictions | $0 |
| 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 | $350,385,664 |
| Total liabilities and net assets/fund balances | $431,485,315 |
Grants Awarded
Over the last fiscal year, Stratacor has awarded $439,103 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
ACCESSPOINT DENTAL LLC PURPOSE: INCREASING ORAL HEALTH ACCESS PARTNERSHIP | $21,512 |
AMERICAN RED CROSS MINNESOTA & DAKOTAS REGION PURPOSE: DISASTER RELIEF AND HUMANITARIAN AID | $5,091 |
BOYS & GIRLS CLUB OF ROCHESTER PURPOSE: YOUTH DEVELOPMENT POSITIVE ACTION PROGRAM | $12,500 |
BOYS AND GIRLS CLUB OF THE BEMIDJI AREA PURPOSE: PROJECT RESTART: SUPPORT, STRENGTHEN & SURROUND YOUTH AND FAMILIES | $12,500 |
GREATER BEMIDJI PURPOSE: GREATER BEMIDJI INVESTMENT PARTNER CONTRIBUTION 2022 | $17,500 |
COMMUNITY DENTAL CARE PURPOSE: PROGRAM TO IMPROVE COMMUNITY ORAL HEALTH OUTREACH | $25,000 |