Rhsc Inc
- Assets
- $4.9m
- Revenue
- $27.3m
- Investments
- $0.0
- Employees
- 350
- Location
- Minneapolis, MN
- Founding
- 03/1999
- Data as of
- 12/2021
- EIN
- 41-1891928
Organization Overview
Rhsc Inc is located in Minneapolis, MN. The organization was established in 1999. 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 12/2021, Rhsc Inc employed 350 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rhsc Inc 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, Rhsc Inc generated $27.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $27.4m during the year ending 12/2021. While expenses have increased by 6.2% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
RHSC, INC. SUPPORTS TEACHING, RESEARCH ACTIVITIES AND CARE DELIVERY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O - EXEMPT PURPOSE AND ACHIEVEMENTS FOR A DESCRIPTION OF PROGRAM SERVICE ACCOMPLISHMENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leah R Hanson Neuroscience Research Dire | 50 | $215,213 | |
Kellie J Schrank Physician Assistant | 45 | $203,884 | |
Joseph M Uzpen Physician Assistant | 45 | $199,653 | |
Janet M Holfoth Physician Assistant | 45 | $197,778 | |
Tracy B Keizer Fellowship Program Director | 55 | $193,743 | |
Megan M Remark Director & President | OfficerTrustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Healtheast Properties Llc Property Rental | 12/30/16 | $114,947 |
Brenda Hovander Property Rental | 12/30/16 | $127,836 |
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 | $27,286,717 |
| Investment income | $748 |
| 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 | $27,287,465 |
| 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 | $20,140,682 |
| Pension plan accruals and contributions | $1,826,624 |
| Other employee benefits | $2,574,772 |
| Payroll taxes | $1,541,469 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| 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 | $16,428 |
| Advertising and promotion | $2,753 |
| Office expenses | $82,915 |
| Information technology | $99,694 |
| Royalties | $0 |
| Occupancy | $594,934 |
| Travel | $17,495 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $22,565 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,892 |
| Insurance | $228,852 |
| All other expenses | $0 |
| Total functional expenses | $27,417,505 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $434,797 |
| Savings and temporary cash investments | $1,984,153 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,446,194 |
| 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 | $22,977 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $51,764 |
| Total assets | $4,939,885 |
| Accounts payable and accrued expenses | $3,487,436 |
| 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 | $51,815 |
| Total liabilities | $3,539,251 |
| Net assets without donor restrictions | $1,400,634 |
| 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 | $4,939,885 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Prairie Ridge Health Inc Columbus, WI | $115,722,421 | $72,093,110 |
Shell Oil Dental Assistance Plan Des Moines, IA | $11,886,850 | $30,530,213 |
Rhsc Inc Minneapolis, MN | $4,939,885 | $27,287,465 |
Northwood Deaconess Health Center Northwood, ND | $11,795,273 | $15,734,544 |
North Point Health & Wellness Center Inc Minneapolis, MN | $5,610,178 | $11,038,360 |
Agrisafe Network Inc Peosta, IA | $594,997 | $1,212,292 |
Empira Inc Roseville, MN | $125,166 | $0 |
Minnesota Community Healthcare Network Minneapolis, MN | $117,827 | $562,621 |
Riverwood Medical Properties Llc Aitkin, MN | $5,040,628 | $126,000 |
Center For Community Health Saint Paul, MN | $156,412 | $0 |
Wisconsin Society Of Healthcare Human Resource Administrators Kimberly, WI | $40,769 | $0 |
Deforest Elderly Housing Management Corp Deforest, WI | $28,514 | $0 |