Avera Queen Of Peace
- Assets
- $173.8m
- Revenue
- $133.9m
- Investments
- $100.2m
- Employees
- 853
- Location
- Mitchell, SD
- Founding
- 03/1946
- Data as of
- 06/2021
- EIN
- 46-0224604
Organization Overview
Avera Queen Of Peace, operating under the name Avera Queen of Peace Health Service, is located in Mitchell, SD. The organization was established in 1946. 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 06/2022, Avera Queen of Peace Health Service employed 853 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Avera Queen of Peace Health Service 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, Avera Queen of Peace Health Service generated $133.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $120.7m during the year ending 06/2021. While expenses have increased by 1.8% 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
PROMOTION OF HEALTH
Describe the Organization's Program Activity:
Part 3 - Line 4a
AVERA QUEEN OF PEACE'S MISSION IS TO PROVIDE HEALTHCARE SERVICES TO MITCHELL, SOUTH DAKOTA RESIDENTS AND RESIDENTS OF THE SURROUNDING AREA. AVERA QUEEN OF PEACE IS A 501(C)(3) ORGANIZATION AFFILIATED WITH AVERA HEALTH. AVERA QUEEN OF PEACE CONSISTS OF 50 ACUTE BEDS AND A 84-BED NURSING HOME IN MITCHELL, SD, A 16-BED CRITICAL ACCESS HOSPITAL IN WESSINGTON SPRINGS, SD, A 6-BED CRITICAL ACCESS HOSPITAL IN DE SMET, SD AND 10 PHYSICIAN CLINICS. THE PHYSICIAN CLINICS INCLUDE PRIMARY CARE, OB/GYN, PEDIATRICS, ORTHOPEDICS, GENERAL SURGERY, INTERNAL MEDICINE, RADIATION, RADIOLOGY, ONCOLOGY, DERMATOLOGY, THERAPY, OPHTHALMOLOGY AND OPTOMETRY. THEY PROVIDE ACUTE CARE AND LONG-TERM HEALTHCARE SERVICES. FOLLOWING IS A BREAKDOWN OF THESE STATISTICS BY FACILITY:AVERA QUEEN OF PEACE HOSPITAL1,691 ACUTE PATIENT DISCHARGES459 NEWBORN PATIENT DISCHARGES60 SWING BED PATIENT DISCHARGES100,780 OUTPATIENT VISITS642 SWING-BED PATIENT DAYS862 NEWBORN PATIENT DAYS92,305 CLINIC VISITSAVERA BRADY HEALTH AND REHABILITATION93 LONG TERM CARE PATIENT DISCHARGES21,916 LONG-TERM CARE RESIDENT DAYSAVERA WESKOTA MEMORIAL MEDICAL CENTER (CAH)60 ACUTE PATIENT DISCHARGES37 SWING BED DISCHARGES4,789 OUTPATIENT VISITS368 SWING-BED PATIENT DAYSAVERA DE SMET MEMORIAL HOSPITAL (CAH)61 ACUTE PATIENT DISCHARGES17 SWING BED PATIENT DISCHARGES13,065 OUTPATIENT VISITS119 SWING-BED PATIENT DAYS3,955 CLINIC VISITSAVERA QUEEN OF PEACE MAINTAINS RECORDS TO IDENTIFY AND MONITOR THE LEVEL OF CHARITY CARE IT PROVIDES. THESE RECORDS INCLUDE THE AMOUNT OF CHARGES FORGONE FOR SERVICES AND SUPPLIES FURNISHED UNDER ITS CHARITY CARE POLICY AND EQUIVALENT SERVICE STATISTICS. THE AMOUNT OF CHARGES FOREGONE, BASED ON ESTABLISHED RATES, WERE $2,069,042.AVERA QUEEN OF PEACE ALSO PROVIDES COMMUNITY BENEFIT HEALTH ACTIVITIES AT LESS THAN OR AT NO COST TO SUPPORT THOSE IN THE AREA SERVICED, SEE SCHEDULE H. AS A MEMBER OF THE AVERA HEALTH NETWORK, AVERA QUEEN OF PEACE UPHOLDS THE VISION OF THE PRESENTATION AND BENEDICTINE SISTERS TO WORK THROUGH COLLABORATION TO PROVIDE QUALITY, EFFECTIVE HEALTH MINISTRY AND TO IMPROVE THE HEALTHCARE OF INDIVIDUALS AND OUR COMMUNITIES THROUGH A REGIONALLY INTEGRATED NETWORK OF PERSONS AND INSTITUTIONS. AVERA QUEEN OF PEACE ENGAGES IN ACTIVITIES DESIGNED TO IMPROVE THE HEALTH OF INDIVIDUALS AND COMMUNITIES IN RESPONSE TO A CALLING TO HEAL THE SICK, THE ELDERLY, AND THE OPPRESSED.
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 |
|---|---|---|---|
Hilary Rockwell MD Board Member/physician | Trustee | 42 | $441,549 |
Ryan Huber Chair | OfficerTrustee | 2 | $0 |
Jay Tolsma Vice Chair | OfficerTrustee | 2 | $0 |
Sister Kathleen Bierne Board Member | Trustee | 2 | $0 |
Sister Erin Colgan Board Member | Trustee | 2 | $0 |
Jason Bradley Board Member | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Avera Health Shared Services | 6/29/22 | $13,580,587 |
Avera Mckennan Medical Prof., Interpreter, Printing | 6/29/22 | $2,408,082 |
Medical Information Technology Information Technology Services | 6/29/22 | $779,506 |
Amn Healthcare Inc Contract Labor | 6/29/22 | $1,275,167 |
Sioux Falls Construction Co Construction Services | 6/29/22 | $1,319,498 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,715,446 |
| Investment income | $19,148 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,184,241 |
| Net Gain/Loss on Asset Sales | $4,165,783 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $133,877,982 |
| 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. | $698,436 |
| Compensation to disqualified persons | $73,413 |
| Other salaries and wages | $50,166,801 |
| Pension plan accruals and contributions | $3,799,360 |
| Other employee benefits | $7,454,429 |
| Payroll taxes | $3,136,035 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,933 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $11,984 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $21,935,215 |
| Advertising and promotion | $9,105 |
| Office expenses | $1,028,768 |
| Information technology | $1,462,849 |
| Royalties | $0 |
| Occupancy | $1,789,261 |
| Travel | $235,638 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $119,081 |
| Interest | $1,121,339 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,297,878 |
| Insurance | $494,059 |
| All other expenses | $0 |
| Total functional expenses | $120,671,575 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $96,512 |
| Pledges and grants receivable | $10,433 |
| Accounts receivable, net | $15,048,599 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,788,336 |
| Prepaid expenses and deferred charges | $522,510 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $100,227,015 |
| Investments—program-related | $280,330 |
| Intangible assets | $1,400,988 |
| Other assets | $4,748,626 |
| Total assets | $173,794,004 |
| Accounts payable and accrued expenses | $9,748,937 |
| Grants payable | $0 |
| Deferred revenue | $972,148 |
| Tax-exempt bond liabilities | $32,503,413 |
| Escrow or custodial account liability | $49,190 |
| 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 | $7,557,346 |
| Total liabilities | $50,831,034 |
| 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 | $122,962,970 |
Grants Awarded
Over the last fiscal year, Avera Queen Of Peace has awarded $16,640 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
AVERA HEALTH FOUNDATION PURPOSE: Speech therapy funding assistance for children | $8,640 |
DAKOTA WESLEYAN UNIVERSITY PURPOSE: Assistance to DWU Athletics | $8,000 |