Prairie Lakes Health Care System Inc

Organization Overview

Prairie Lakes Health Care System Inc is located in Watertown, SD. The organization was established in 1987. 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 05/2022, Prairie Lakes Health Care System Inc employed 705 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Prairie Lakes Health Care System 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 05/2020, Prairie Lakes Health Care System Inc generated $116.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $102.2m during the year ending 05/2020. While expenses have increased by 3.4% 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 2015, Prairie Lakes Health Care System Inc has awarded 62 individual grants totaling $7,742,862. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE HIGH QUALITY, AFFORDABLE & COMPASSIONATE HEALTHCARE SERVICES FOR THE PEOPLE IN THE REGION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PRAIRIE LAKES HEALTH CARE SYSTEM SERVES TEN COUNTIES IN NORTHEASTERN SOUTH DAKOTA AND WESTERN MINNESOTA AS A RURAL, REGIONAL MEDICAL CENTER. IT IS COMMITTED TO PROVIDING ACCESSIBLE, HIGH QUALITY, COST-EFFECTIVE HEALTHCARE SERVICES AS IT MANAGES EFFECTIVELY THE TRANSITION TO NEW PAYMENT AND CARE DELIVERY MODELS. 28 SPECIALTY PHYSICIANS HAVE BEEN RECRUITED OVER THE PAST DECADE TO BUILD NEW SERVICES AND BETTER SERVE THE NEEDS OF THE REGION.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Weatherby Locums
Locum Coverage
$538,002
Medical Solutions
Locum Coverage
$400,892
Ghaith Aboud Md
Locum Physician
$724,440
Wapiti Medical Group
Locum Coverage
$310,692
Dms Health Technologies
Pet Scan
$249,330
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$2,446,978
Investment income -$122,706
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $1,134,434
Net Gain/Loss on Asset Sales $13,613,327
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $115,979,854

Grants Awarded

Over the last fiscal year, Prairie Lakes Health Care System Inc has awarded $4,228,130 in support to 9 organizations.

Grant RecipientAmount

Florence, SD

PURPOSE: SUPPORT FOR FAMILY PLANNING CENTER

$4,000,000

WATERTOWN DEVELOPMENT CORP

Org PageRecipient Profile

Watertown, SD

PURPOSE: SUPPORT NEW BUSINESS DEVELOPMENT

$80,000

WATERTOWN AREA UNITED WAY

Org PageRecipient Profile

Watertown, SD

PURPOSE: SUPPORT OF NEW BUSINESS DEVELOPMENT

$35,000

HUMAN SERVICE AGENCY

Org PageRecipient Profile

Watertown, SD

PURPOSE: DETOX UNIT SUPPORT

$30,000

CASTLEWOOD COMMUNITY FOUNDATION

Org PageRecipient Profile

Castlewood, SD

PURPOSE: SUPPORT

$25,000

SOUTHEAST TECHNICAL COLLEGE

PURPOSE: SUPPORT

$24,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Prairie Lakes Health Care System Inc has recieved totaling $13,115.

Awarding OrganizationAmount
Watertown Community Foundation

Watertown, SD

PURPOSE: HEALTH CARE

$13,115
View Grant Recipient Profile

Peer Organizations

Organization NameAssets
St Cloud Hospital
St Cloud, MN
$1,117,982,242
Monument Health Rapid City Hospital Inc
Rapid City, SD
$951,840,989
Regions Hospital
Minneapolis, MN
$936,558,758
Catholic Health Initiatives-Iowa Corp
Des Moines, IA
$904,841,538
Central Iowa Hospital Corporation
Des Moines, IA
$937,321,371
North Memorial Health Care
Robbinsdale, MN
$789,881,568
Bryan Medical Center
Lincoln, NE
$861,679,038
Smdc Medical Center
Duluth, MN
$663,367,068
Altru Health System
Grand Forks, ND
$613,611,037
Nebraska Methodist Hospital
Omaha, NE
$637,277,838
St Lukes Hospital Of Duluth
Duluth, MN
$537,764,798
Benefis Hospitals Inc
Great Falls, MT
$564,158,876

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