Hennepin Healthcare System Inc, operating under the name Hennepin Healthcare, is located in Minneapolis, MN. The organization was established in 2007. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2020, Hennepin Healthcare employed 8,291 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hennepin Healthcare 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 12/2020, Hennepin Healthcare generated $1.2b in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $1.2b during the year ending 12/2020. While expenses have increased by 4.7% 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.
Since 2014, Hennepin Healthcare has awarded 198 individual grants totaling $6,299,114. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
WE PARTNER WITH OUR COMMUNITY, OUR PATIENTS, AND THEIR FAMILIES TO ENSURE OUTSTANDING CARE FOR EVERYONE, WHILE IMPROVING HEALTH AND WELLNESS THROUGH TEACHING, PATIENT AND COMMUNITY EDUCATION, AND RESEARCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PATIENT CARE:HENNEPIN HEALTHCARE SYSTEM, INC. (HEREAFTER HHS) IS A NATIONALLY RECOGNIZED HEALTHCARE SYSTEM THAT INCLUDES A COMPREHENSIVE CLINIC SYSTEM, LEVEL 1 ADULT AND PEDIATRIC TRAUMA CENTER AND MEDICAL CENTER WITH THE LARGEST EMERGENCY DEPARTMENT IN MINNESOTA, EMS SERVICE, NURSE HOME VISITING PROGRAM AND HOSPICE. HHS IS ALSO RECOGNIZED NATIONALLY FOR LEADERSHIP IN MEDICAL EDUCATION, EMERGENCY PREPAREDNESS, RESEARCH, AND COMPASSIONATE CARE IN MANY MEDICAL SPECIALTIES.HHS OPERATED A HOSPITAL WITH LICENSED CAPACITY OF 894 BEDS AND 65 BASSINETS, 452 BEDS AND 65 BASSINETS OF WHICH WERE AVAILABLE, AS WELL AS 10 PRIMARY CARE CLINICS AND 34 SPECIALTY CARE CLINICS, AND EMPLOYED APPROXIMATELY 882 PROVIDERS, 245 RESIDENTS, AND 146 PHARMACISTS IN 9 PHARMACY LOCATIONS. THE $220.8M CLINIC AND SPECIALTY CENTER (CSC) OPENED IN 2018 AND REAFFIRMS HHS' COMMITMENT TO PARTNERING WITH ITS COMMUNITY, PATIENTS AND THEIR FAMILIES TO ENSURE ACCESS TO OUTSTANDING CARE FOR EVERYONE, WHILE IMPROVING HEALTH AND WELLNESS THROUGH TEACHING, PATIENT AND COMMUNITY EDUCATION AND RESEARCH. HHS CONTINUES TO PROVIDE UNPARALLELED CARE OF ALL, INCLUDING LOW-INCOME, THE UNINSURED, THE INDIGENT AND VULNERABLE POPULATIONS WHILE BEING A MAJOR EMPLOYER AND ECONOMIC ENGINE IN HENNEPIN COUNTY OF MINNESOTA. AS A LEADER IN EMERGENCY AND TRAUMA CARE, HHS PROVIDES STATE-OF-THE-ART TRAUMA CARE SERVICES TO ALL ITS PATIENTS.
EDUCATION & TRAINING:EDUCATION CENTER, THE CENTER FOR LEARNING INTEGRATION, AND THE ADVANCED PRACTICE PROVIDER PROFESSIONAL CENTER.HHS PRIDES ITSELF IN BEING A CENTER FOR INNOVATIVE AND TECHNICALLY-SOPHISTICATED SERVICES. THIS IS ESSENTIAL NOT ONLY BECAUSE OF THE TRAINING PROVIDED TO PHYSICIANS, NURSES, AND OTHER HEALTH PROFESSIONALS, BUT ALSO BECAUSE IT SEEKS TO BE A SITE FROM WHICH NEW THERAPIES, SURGERIES, AND TECHNOLOGIES TO TREAT AND CURE PATIENTS EMERGE.THE CENTER FOR LEARNING INTEGRATION (CLI) CREATED IN 2015, EXCELS IN COORDINATING, DESIGNING AND INTEGRATING EXCELLENT LEARNING THROUGHOUT THE HEALTHCARE SYSTEM WITH THE PRIORITY GOAL TO IMPROVE QUALITY, SAFETY AND EXPERIENCE OUTCOMES FOR ALL STAKEHOLDERS. HHS ALSO OPERATES THE INTERDISCIPLINARY SIMULATION AND EDUCATION CENTER (ISEC), A TRAINING CENTER THAT HOSTS EDUCATIONAL PROGRAMS FOR NURSES, PHYSICIANS, PRE-HOSPITAL PROVIDERS, AND OTHER ALLIED HEALTH PROFESSIONALS FROM HHS AND ACROSS THE REGION. IT IS A GUIDED, SAFE ENVIRONMENT FOR HEALTHCARE PROFESSIONALS TO SIMULATE PRACTICE OF REAL-LIFE MEDICAL SITUATIONS AND PROCEDURES VIA STATE-OF-THE-ART SIMULATION EQUIPMENT.HHS EMPHASIZES TRAINING THE FUTURE HEALTHCARE WORKFORCE TO MEET COMMUNITY HEALTH NEEDS. THE ADVANCED PRACTICE PROVIDER PROFESSIONAL CENTER, ESTABLISHED IN 2013, CONTINUES TO PROVIDE ORGANIZATIONAL STRUCTURE IN LIGHT OF THE INCREASING ROLE OF NURSE PRACTITIONERS AND PHYSICIAN ASSISTANTS AT HHS. HHS COOPERATES WITH METROPOLITAN STATE UNIVERSITY TO PROVIDE THE DENTAL THERAPIST PROGRAM WHICH FOCUSES ON ADVANCED DENTAL THERAPY TRAINING OPPORTUNITIES IN GENERAL AND PEDIATRIC DENTISTRY AS WELL AS ORAL SURGERY. ADDITIONALLY, HHS' EMERGENCY MEDICAL SERVICES PARTNERS WITH HENNEPIN TECHNICAL COLLEGE'S COMMUNITY PARAMEDIC CERTIFICATION TRAINING PROGRAM TO PROVIDE STUDENTS WITH RELEVANT CLINICAL EXPERIENCE. COMMUNITY PARAMEDICS IS A HEALTHCARE ROLE THAT APPLIES AND EXPANDS PARAMEDIC SKILLS TO PREVENTIVE AND PRIMARY CARE MEDICINE, CLOSING THE GAP BETWEEN EMERGENCY CARE AND PRIMARY CARE NEEDS BY PROVIDING COMMUNITY-BASED HEALTH SERVICES TO UNDERSERVED POPULATIONS.COMMUNITY PHYSICIANS AND OTHER PRACTITIONERS FROM ACROSS MINNESOTA COME TO HHS FOR CONTINUING MEDICAL EDUCATION TRAINING COURSES. HHS ALSO CONDUCTS ON-SITE TRAINING AT THE REQUEST OF RURAL HOSPITALS AND CLINICS AND HAS ESTABLISHED RELATIONSHIPS WITH OTHER DESIGNATED TRAUMA CENTERS AND EMERGENCY DEPARTMENTS IN GREATER MINNESOTA. THE HHS EMERGENCY DEPARTMENT MAINTAINS A FREE ONLINE DATABASE OF DIVERSE TEACHING MATERIALS INCLUDING INSTRUCTIONAL VIDEOS, LECTURES, CRITICAL CARE CONFERENCE PRESENTATIONS AND VIDEOS, MEDICAL BLOGS, AND EDUCATIONAL LINKS, ALL UTILIZED BY PRACTITIONERS AROUND THE WORLD.
RESEARCH:HHS IS NATIONALLY RECOGNIZED FOR ITS COMMITMENT TO ADVANCING THE FIELD OF MEDICINE THROUGH PROGRESSIVE MEDICAL RESEARCH. HENNEPIN HEALTHCARE RESEARCH INSTITUTE (HHRI), THE THIRD LARGEST MEDICAL RESEARCH NON-PROFIT IN MINNESOTA, HAS A DELIBERATE AND DISTINGUISHING EMPHASIS ON THE HEALTH CARE PROBLEMS AND NEEDS PREVALENT IN THE HHS PATIENT POPULATION AND SURROUNDING COMMUNITY. RESEARCH CONDUCTED AT HHS AND THROUGH HHRI INCLUDES TRAUMA, EMERGENCY MEDICINE, AND TRAUMATIC BRAIN INJURY FIELDS OF STUDY. THIS FOCUS DISTINGUISHES HHRI/HHS FROM OTHER RESEARCH INSTITUTIONS IN THE STATE, DIRECTLY BENEFITS PATIENTS, AND CREATES STRONG LINKS WITHIN THE COMMUNITY. HHRI-COORDINATED RESEARCH FOCUS INCLUDES ADDICTION MEDICINE AND TOBACCO DEPENDENCE TREATMENT, BONE INFECTIONS AND HEALING, CANCER BIOLOGY, CHRONIC KIDNEY DISEASES, COGNITIVE ISSUES IN AGING, DIABETES AND OBESITY, DISPARITIES IN HEALTH CARE DELIVERY AND OUTCOMES, EMERGENCY MEDICINE, HEART FAILURE, HIV/AIDS, LIVER DISEASE, PEDIATRIC DISEASE PREVENTION, FOOD SECURITY, TRANSPLANT AVAILABILITY AND OUTCOMES, AND TRAUMATIC BRAIN INJURY.RESEARCHERS AT HHS, THE UNIVERSITY OF MINNESOTA, AND ABBOTT ARE COLLABORATING ON AN INNOVATIVE, COMPREHENSIVE STUDY TO BETTER IDENTIFY THE RANGE OF BRAIN INJURIES AMONG PATIENTS. IT IS HOPED THAT BY USING MULTIPLE EVALUATION TOOLS, INCLUDING EYE TRACKING BLOOD-BASED BIOMARKERS, IMAGING AND COGNITIVE MEASURES, MEDICAL RESEARCHERS WILL DEVELOP A NEW STANDARD APPROACH TO HELP CLASSIFY BRAIN INJURIES, INCLUDING CONCUSSIONS, AND PROVIDE THE INFORMATION NEEDED TO GUIDE DOCTORS' TREATMENT DECISIONS. THE HENNEPIN HEALTHCARE FOUNDATION CONNECTS THE GENEROSITY OF THE COMMUNITY TO THE MISSION OF HHS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Thomas Bergman MD Physician | 40 | $1,059,536 | |
Walter Galicich MD Physician - Managing | 40 | $853,264 | |
Constantin Starchook MD Physician - Managing | 40 | $709,333 | |
Chad Richardson MD Physician Chief | 40 | $693,928 | |
Gopal Punjabi MD Physician | 40 | $687,812 | |
Derrick Hollings CPA Inactive Chief Financial Officer | Officer | 40 | $613,786 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Agiliti Health Inc Bioelectronics | 12/30/20 | $8,662,530 |
Univeristy Of Minnesota Education And Training | 12/30/20 | $7,696,015 |
Insight Public Sector Info Technology | 12/30/20 | $4,617,124 |
M A Mortenson Company Contruction | 12/30/20 | $6,414,914 |
Epic Systems Corp Info Technology | 12/30/20 | $4,094,775 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $236,767,697 |
Investment income | $888,927 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$68,205 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,214,727,754 |
Statement of Expenses | |
---|---|
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. | $5,295,724 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $586,139,335 |
Pension plan accruals and contributions | $41,002,900 |
Other employee benefits | $72,926,458 |
Payroll taxes | $36,006,384 |
Fees for services: Management | $0 |
Fees for services: Legal | $1,529,767 |
Fees for services: Accounting | $674,815 |
Fees for services: Lobbying | $185,862 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $75,985,994 |
Advertising and promotion | $1,571,681 |
Office expenses | $9,856,159 |
Information technology | $20,874,274 |
Royalties | $0 |
Occupancy | $19,542,882 |
Travel | $530,860 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $642,405 |
Interest | $4,040,427 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $43,452,933 |
Insurance | $2,967,634 |
All other expenses | $0 |
Total functional expenses | $1,172,924,796 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $79,001,246 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $171,877,879 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $12,777,684 |
Prepaid expenses and deferred charges | $17,884,810 |
Investments—publicly traded securities | $0 |
Investments—other securities | $8,048,754 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $116,220,749 |
Total assets | $827,542,550 |
Accounts payable and accrued expenses | $214,940,063 |
Grants payable | $0 |
Deferred revenue | $7,081,196 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $407,670,820 |
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 | $556,407,404 |
Total liabilities | $778,428,663 |
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 |
Total liabilities and net assets/fund balances | $49,113,887 |
Over the last fiscal year, Hennepin Healthcare System Inc has awarded $1,734,876 in support to 24 organizations.
Grant Recipient | Amount |
---|---|
Minneapolis, MN PURPOSE: EMERGENCY PREPAREDNESS | $511,452 |
Minneapolis, MN PURPOSE: RESEARCH PROGRAM SUPPORT | $389,000 |
Minneapolis, MN PURPOSE: EMERGENCY PREPAREDNESS | $177,865 |
Minneapolis, MN PURPOSE: EMERGENCY PREPAREDNESS | $116,264 |
REGENTS OF THE UNIVERSITY OF MINNESOTA PURPOSE: EDUCATION | $99,907 |
Minneapolis, MN PURPOSE: EMERGENCY PREPAREDNESS FOR MERCY HOSPITAL, UNITY HOSPITAL, & REGINA MEDICAL CENTER | $84,407 |
Over the last fiscal year, we have identified 6 grants that Hennepin Healthcare System Inc has recieved totaling $3,303,522.
Awarding Organization | Amount |
---|---|
Hennepin Health Foundation Minneapolis, MN PURPOSE: PROGRAMMATIC ACTIVITIES INCLUDING FUNDING THE DENTAL CLINIC AND THE REDLEAF CENTER FOR FAMILY HEALING | $3,205,012 |
National Association Of Childrens Hospital And Related Institutions Washington, DC PURPOSE: CHILD'S PLAY GRANT | $25,000 |
Amyotrophic Lateral Sclerosis Assn Arlington, VA PURPOSE: ANNUAL GRANT PAYMENT FY22 CENTER OF EXCELLENCE/RESEARCH | $25,000 |
Tickets For Kids Foundation Pittsburgh, PA PURPOSE: TO PROVIDE TICKETS TO EVENTS FOR UNDERPRIVILEGED CHILDREN AND THEIR FAMILIES | $20,860 |
American Society Of Health-System Pharmacists Bethesda, MD PURPOSE: The grant is provided to the employers of the ASHP Presidential Officers, if requested, to offset support costs that the institution may incur during their election term. | $15,000 |
Ucare Foundation Minneapolis, MN PURPOSE: IMMUNIZATION COMMUNITY CLINIC | $12,650 |
Beg. Balance | $4,499,444 |
Earnings | $734,985 |
Ending Balance | $5,234,429 |
Organization Name | Assets | Revenue |
---|---|---|
St Cloud Hospital St Cloud, MN | $1,702,572,092 | $1,117,982,242 |
Monument Health Rapid City Hospital Inc Rapid City, SD | $1,522,340,119 | $951,840,989 |
Regions Hospital Minneapolis, MN | $1,151,249,927 | $936,558,758 |
Catholic Health Initiatives-Iowa Corp Des Moines, IA | $1,114,579,485 | $904,841,538 |
Central Iowa Hospital Corporation Des Moines, IA | $1,438,981,448 | $937,321,371 |
North Memorial Health Care Robbinsdale, MN | $764,114,547 | $789,881,568 |
Mercy Health System Corporation Janesville, WI | $590,598,309 | $634,611,105 |
Smdc Medical Center Duluth, MN | $1,099,340,280 | $663,367,068 |
St Vincent Hospital-Hospital Sisters-Third Order Of St Francis Green Bay, WI | $911,771,001 | $646,081,418 |
Altru Health System Grand Forks, ND | $1,039,192,012 | $613,611,037 |
Aspirus Wausau Hospital Inc Wausau, WI | $652,843,423 | $674,491,769 |
Bellin Memorial Hospital Inc Green Bay, WI | $753,402,442 | $606,556,735 |