Sanford
- Assets
- $3.8b
- Revenue
- $5.7b
- Investments
- $57.6m
- Employees
- 3,175
- Location
- Sioux Falls, SD
- Founding
- 04/2011
- Data as of
- 12/2023
- EIN
- 45-3791176
Organization Overview
Sanford is located in Sioux Falls, SD. The organization was established in 2011. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. As of 12/2023, Sanford employed 3,175 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Sanford 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 12/2023, Sanford generated $5.7b in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $5.4b during the year ending 12/2023. While expenses have increased by 5.9% 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, Sanford has awarded 1,828 individual grants totaling $281,783,331. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
"DEDICATED TO SHARING GOD'S LOVE THROUGH THE WORK OF HEALTH, HEALING AND COMFORT."
Describe the Organization's Program Activity:
Part 3 - Line 4a
SANFORD HEALTH, THE LARGEST RURAL HEALTH SYSTEM IN THE UNITED STATES, IS DEDICATED TO TRANSFORMING THE HEALTH CARE EXPERIENCE AND PROVIDING ACCESS TO WORLD-CLASS HEALTH CARE IN AMERICA'S HEARTLAND.SANFORD PROVIDES MEDICAL SERVICES AT EVERY LEVEL FROM CRITICAL ACCESS HOSPITALS TO TERTIARY AND QUATERNARY CARE. THE SANFORD FOOTPRINT OF OWNED, LEASED AND MANGED SITES INCLUDES OVER 250,000 SQUARE MILES WITH A NINE-STATE SERVICE AREA INCLUDING A NETWORK OF CHILDREN'S PRIMARY CARE CLINIC LOCATIONS ACROSS THE COUNTRY AND THE WORLD. SANFORD OPERATES FULL-TIME EMERGENCY CENTERS AND PROVIDES EMERGENCY CARE TO EVERYONE REGARDLESS OF THEIR ABILITY TO PAY. SANFORD FACILITIES AND CLINICS PROVIDE SERVICES TO REMOTE AND MEDICALLY UNDERSERVED AREAS THAT WOULD OTHERWISE NOT HAVE ACCESS TO EVEN PRIMARY CARE SERVICES.
SANFORD PROVIDES HIGH QUALITY MEDICAL EDUCATIONAL AND PROFESSIONAL DEVELOPMENT THAT IS EVIDENCE AND RESEARCH BASED; ACCREDITED FOR PHYSICIANS, NURSES, PHARMACISTS, AND ALLIED HEALTH PROFESSIONALS AND SCIENTISTS; INCLUSIVE OF CULTURAL DIVERSITY AND ADDRESSES THE NEED FOR SPECIALTY TRAINING. SANFORD IS DEDICATED TO PREPARING HEALTH CARE PROFESSIONALS FOR THE FUTURE. THE SANFORD PROMISE PROGRAM CONNECTS STUDENTS, EDUCATORS AND COMMUNITIES WITH SCIENCE AND RESEARCH IN HEALTH CARE AT A SECONDARY EDUCATION AGE. SANFORD WORKS IN PARTNERSHIP WITH UNIVERSITIES TO PROVIDE ROTATIONS FOR MEDICAL STUDENTS, RESIDENCIES AND FELLOWSHIPS. SANFORD WORKS IN PARTNERSHIP WITH AN EXTENSIVE GROUP OF HIGHER LEARNING ORGANIZATIONS TO PROVIDE STUDENT TRAINING AND LEARNING OPPORTUNITIES IN MANY VENUES ACROSS OUR REGION.
RESEARCH ENDEAVORS SPAN CHILDREN'S HEALTH, FOCUSED ON PEDIATRIC RARE DISEASES AND CANCER; THE SANFORD PROJECT, SEEKING TO REDUCE THE BURDEN OF TYPE 1 DIABETES THROUGH DISCOVERY AND CLINICAL APPLICATION; GENOMIC AND MOLECULAR MEDICINE INCLUDING GENOMICS, BIOBANKING AND IMMUNOTHERAPY; EDITH SANFORD BREAST CANCER FOR ADVANCED MOLECULAR RESEARCH AND PERSONALIZED TREATMENT; NEUROBEHAVIORAL SCIENCES, STUDYING EATING DISORDERS, OBESITY AND BARIATRIC SURGERY OUTCOMES AS WELL AS PHYSIOLOGICAL ASPECTS OF EATING AND ADDICTION AND CLINICAL RESEARCH HOSTING DRUG AND DEVICE STUDIES, THE NCI COMMUNITY ONCOLOGY RESEARCH PROGRAM AND THE NEONATAL RESEARCH NETWORK. RESEARCH ALSO LEADS EDUCATIONAL PROGRAMS SUPPORTING SCIENCE IN LOCAL K-12 SCHOOL DISTRICTS, UNDERGRADUATE, GRADUATE AND POST-DOCTORAL PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michelle Bruhn Evp, CFO & Treasurer (end 6/23) | Officer | 49.64 | $0 |
William Brunner MD Physician | 60 | $3,475,847 | |
Bill Gassen Trustee, President & CEO | OfficerTrustee | 49.64 | $0 |
Tomasz Stys MD Physician | 60 | $2,948,374 | |
Eric Belanger MD Physician | 60 | $2,920,835 | |
Thomas Matzke MD Physician | 60 | $2,847,035 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Focusone Solutions Llc Staffing Services | 12/30/23 | $116,434,096 |
Henry Carlson Construction Llc Construction Services | 12/30/23 | $55,913,294 |
Locumtenenscom Llc Staffing Services | 12/30/23 | $6,479,253 |
Mcgough Construction Co Llc Construction Services | 12/30/23 | $4,554,839 |
Paul Weiss Rifkind Wharton & Garrison Ll Consulting Services | 12/30/23 | $4,466,457 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $58,794,765 |
| Government grants | $33,041,666 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,817,298 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $100,653,729 |
| Total Program Service Revenue | $5,616,529,846 |
| Investment income | $11,185,868 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $213 |
| Net Rental Income | $2,011,500 |
| Net Gain/Loss on Asset Sales | $8,274,758 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,738,655,914 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $46,155,099 |
| Grants and other assistance to domestic individuals. | $121,855 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $19,256,244 |
| Compensation of current officers, directors, key employees. | $1,439,833 |
| Compensation to disqualified persons | $2,748,819 |
| Other salaries and wages | $2,444,250,049 |
| Pension plan accruals and contributions | $112,587,756 |
| Other employee benefits | $297,946,700 |
| Payroll taxes | $159,518,896 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,676,111 |
| Fees for services: Accounting | $1,391,836 |
| Fees for services: Lobbying | $592,687 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $581,547 |
| Fees for services: Other | $377,508,328 |
| Advertising and promotion | $20,529,796 |
| Office expenses | $60,466,688 |
| Information technology | $132,506,215 |
| Royalties | $0 |
| Occupancy | $117,760,302 |
| Travel | $20,128,285 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,736,218 |
| Interest | $23,752,794 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $134,906,349 |
| Insurance | $27,426,303 |
| All other expenses | -$64,048,110 |
| Total functional expenses | $5,373,525,192 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $59,316,362 |
| Savings and temporary cash investments | $183,735,153 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $836,469,834 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $21,449 |
| Notes and loans receivable | $74,098,691 |
| Inventories for sale or use | $131,499,348 |
| Prepaid expenses and deferred charges | $93,247,192 |
| Net Land, buildings, and equipment | $1,864,744,233 |
| Investments—publicly traded securities | $192,795 |
| Investments—other securities | $57,598,283 |
| Investments—program-related | $33,679,559 |
| Intangible assets | $44,839,780 |
| Other assets | $380,476,429 |
| Total assets | $3,759,919,108 |
| Accounts payable and accrued expenses | $322,769,972 |
| Grants payable | $6,139,321 |
| Deferred revenue | $20,072,536 |
| Tax-exempt bond liabilities | $451,201,775 |
| Escrow or custodial account liability | $349,593 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $7,847,503 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $320,954,903 |
| Total liabilities | $1,129,335,603 |
| Net assets without donor restrictions | $2,630,576,405 |
| Net assets with donor restrictions | $7,100 |
| 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 | $3,759,919,108 |
Grants Awarded
Over the last fiscal year, Sanford has awarded $43,533,852 in support to 191 organizations.
| Grant Recipient | Amount |
|---|---|
218 SPORTS INC PURPOSE: ECONOMIC DEVELOPMENT | $20,000 |
ABERDEEN DEVELOPMENT CORPORATION PURPOSE: ECONOMIC DEVELOPMENT | $10,000 |
ABERDEEN FAMILY YMCA PURPOSE: COMMUNITY SUPPORT | $15,000 |
ABERDEEN PUBLIC SCHOOLS FOUNDATION PURPOSE: WORKFORCE DEVELOPMENT | $40,000 |
ACTIVE GENERATIONS SIOUX FALLS PURPOSE: COMMUNITY SUPPORT | $30,000 |
AMER FOUNDATON SUICIDE PREVENT PURPOSE: COMMUNITY HEALTH IMPROVEMENT SERVICES | $6,500 |