Centracare Health System Of Melrose
- Assets
- $87.0m
- Revenue
- $45.7m
- Investments
- $33.2m
- Employees
- 0
- Location
- Melrose, MN
- Founding
- 04/1997
- Data as of
- 06/2021
- EIN
- 41-1865315
Organization Overview
Centracare Health System Of Melrose, operating under the name Centracare Health - Melrose, is located in Melrose, MN. The organization was established in 1997. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, 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 Health - Melrose 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 Health - Melrose generated $45.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $46.9m during the year ending 06/2021. While expenses have increased by 7.9% 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
990
Mission & Program ActivityExcerpts From the 990 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:
Part 3 - Line 4a
CCH - MELROSE IS PART OF A LARGER INTEGRATED HEALTH CARE DELIVERY SYSTEM KNOWN AS CENTRACARE HEALTH, A SYSTEM RECOGNIZED FOR BEING A LEADER IN PROVIDING HIGH-QUALITY, COMPREHENSIVE CARE THROUGHOUT THE REGION. CCH - MELROSE IS A 14 BED CRITICAL ACCESS HOSPITAL THAT PROVIDES ACUTE CARE SERVICES IN THE AREAS OF MEDICAL, SURGICAL, DIAGNOSTIC AND OBSTETRICS ALONG WITH OTHER SERVICES OF 24 HOUR EMERGENCY ROOM, IMAGING, LABORATORY, REHABILITATION, AND CHEMOTHERAPY TO THE COMMUNITY OF STEARNS COUNTY. THERE WERE 559 INPATIENT VISITS, 2,269 INPATIENT DAYS WITH 30,152 OUTPATIENT VISITS IN FISCAL YEAR 2021.
CCH - MELROSE OPERATES MELROSE PARK VIEW PLACE AND CENTRACARE - MELROSE CARE CENTER, WHICH ARE CONVENIENTLY CONNECTED TO THE MELROSE HOSPITAL FOR THE HEALTH NEEDS OF THE COMMUNITY. MELROSE PARK VIEW PLACE IS A 60-UNIT INDEPENDENT LIVING SENIOR HOUSING APARTMENT BUILDING THAT OFFERS RETIREMENT LIVING AT ITS FINEST. MELROSE PINE VILLA CARE CENTER IS A 75 BED SKILLED NURSING FACILITY THAT PROVIDES QUALITY, COMPASSIONATE CARE WITH AN EMPHASIS ON ENHANCING EACH RESIDENT'S PHYSICAL, SPIRITUAL, EMOTIONAL AND SOCIAL WELL BEING. THERE WERE 21,407 RESIDENT DAYS DURING FISCAL YEAR 2021.
CCH - MELROSE OPERATES THE MELROSE CLINIC, WHICH IS CONVENIENTLY CONNECTED TO THE MELROSE HOSPITAL FOR THE HEALTH NEEDS OF THE COMMUNITY. MELROSE CLINIC PROVIDES SERVICES OF GENERAL SURGERY, NEUROLOGY, OBSTETRICS/GYNECOLOGY, ONCOLOGY, ORTHOPEDICS, AND UROLOGY. THERE WERE 25,176 CLINIC VISITS DURING FISCAL YEAR 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth D Holmen MD President/ceo | OfficerTrustee | 6.5 | $0 |
David Anfinson Vice Chair | OfficerTrustee | 0.25 | $0 |
Steve Laraway Board Chair | OfficerTrustee | 0.25 | $0 |
Craig Broman Chief Operating Officer/evp | Officer | 6.5 | $0 |
Michael Blair Chief Financial Officer/sr Vp/treasurer | Officer | 1 | $0 |
Santo Cruz Chief Legal Officer/sr Vp/secretary | Officer | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Aya Healthcare Inc Temporary Staffing Services | 6/29/21 | $2,055,950 |
West Central Anesthesia Pc Crna Services | 6/29/21 | $531,811 |
Converdia Health Staffing Physician Services | 6/29/21 | $519,531 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $56,748 |
| Government grants | -$1,544,167 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,222 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | -$1,486,197 |
| Total Program Service Revenue | $44,220,605 |
| Investment income | $2,377,738 |
| 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 | $606,548 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $45,743,382 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $675,964 |
| Grants and other assistance to domestic individuals. | $20,325 |
| 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 | $19,518,853 |
| Pension plan accruals and contributions | $645,000 |
| Other employee benefits | $3,780,957 |
| Payroll taxes | $922,748 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,205 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $55,989 |
| Fees for services: Other | $6,524,055 |
| Advertising and promotion | $13,716 |
| Office expenses | $156,042 |
| Information technology | $2,194,570 |
| Royalties | $0 |
| Occupancy | $1,936,032 |
| Travel | $91,709 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $31,380 |
| Interest | $786,462 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,344,848 |
| Insurance | $176,909 |
| All other expenses | $0 |
| Total functional expenses | $46,945,684 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,883,087 |
| Savings and temporary cash investments | $82,605 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,518,190 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $381,812 |
| Prepaid expenses and deferred charges | $130,052 |
| Net Land, buildings, and equipment | $33,754,757 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $33,187,006 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,085,041 |
| Total assets | $87,022,550 |
| Accounts payable and accrued expenses | $7,156,525 |
| 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 | $20,055,885 |
| Other liabilities | $7,015,759 |
| Total liabilities | $34,228,169 |
| Net assets without donor restrictions | $52,787,892 |
| Net assets with donor restrictions | $6,489 |
| 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 | $87,022,550 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Centracare Health System Of Melrose has recieved totaling $74,512.
| Awarding Organization | Amount |
|---|---|
Centracare Health Foundation St Cloud, MN PURPOSE: GENERAL SUPPORT | $58,781 |
Minnesota Hospital Association St Paul, MN PURPOSE: SPECIAL PATHOGEN PREPAREDNESS AND RESPONSE | $15,731 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fort Madison Community Hospital West Burlington, IA | $0 | $63,917,889 |
Avera Queen Of Peace Mitchell, SD | $173,794,004 | $133,877,982 |
St Nicholas Hospital Of The Hospita Sisters Of The Third Order Of St F Sheboygan, WI | $160,864,409 | $138,043,178 |
Winona Health Services Winona, MN | $149,374,764 | $114,059,975 |
Beaver Dam Community Hospitals Inc Beaver Dam, WI | $193,989,750 | $109,285,462 |
Jennie Edmundson Memorial Hospital Council Bluffs, IA | $159,830,825 | $120,935,401 |
Prohealth Oconomowoc Memorial Hospital Inc Oconomowoc, WI | $128,184,799 | $110,175,380 |
Door County Memorial Hospital Sturgeon Bay, WI | $145,062,000 | $121,509,372 |
Pella Regional Health Center Pella, IA | $175,318,188 | $109,674,630 |
Aurora Medical Center Bay Area Inc Milwaukee, WI | $215,907,747 | $109,452,768 |
Prairie Lakes Health Care System Inc Watertown, SD | $318,634,035 | $115,979,854 |
Memorial Medical Center Inc Ashland, WI | $199,460,507 | $111,327,895 |