Avera Health is located in Sioux Falls, SD. The organization was established in 1993. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. As of 06/2022, Avera Health employed 2,221 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Avera Health 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 06/2022, Avera Health generated $441.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.7% each year . All expenses for the organization totaled $292.4m during the year ending 06/2022. While expenses have increased by 7.9% 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.
Since 2015, Avera Health has awarded 816 individual grants totaling $58,097,395. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTION OF HEALTH
Describe the Organization's Program Activity:
AVERA HEALTH IS A NONPROFIT CORPORATION JOINTLY SPONSORED BY THE SISTERS OF THE PRESENTATION OF THE BLESSED VIRGIN MARY OF ABERDEEN, SOUTH DAKOTA AND THE BENEDICTINE CONVENT OF THE SACRED HEART OF YANKTON, SOUTH DAKOTA, TOGETHER REFERENCED AS THE "SISTERS." AVERA HEALTH ACTS AS THE LEADER OF THE AVERA HEALTH MINISTRY, SERVING AS AN OVERALL PARENT TO SUPPORT ITS AFFILIATED TAX-EXEMPT HEALTH CARE ORGANIZATIONS. THESE ORGANIZATIONS PROVIDE SERVICES PRINCIPALLY IN EASTERN SOUTH DAKOTA AND SURROUNDING STATES. AVERA HEALTH PROVIDES MANAGEMENT CONSULTING, FUND RAISING AND OTHER ADMINISTRATIVE SERVICES TO THE HOSPITALS, LONG-TERM HEALTH CARE FACILITIES, CLINICS, SERVICES AND PROGRAMS THAT ARE SPONSORED OR OTHERWISE AFFILIATED WITH THE SISTERS.DURING THE COVID PANDEMIC OVER THE LAST THREE YEARS, AVERA HEALTH AND ITS AFFILIATED ENTITIES HAVE STEWARDED SIGNIFICANT FUNDING TOWARD COMMUNITY BENEFIT, FROM OUR OWN RESOURCES AND FROM STATE AND FEDERAL ASSISTANCE AND RELIEF FUNDS. WHEN THE FIRST CASES WERE IDENTIFIED IN 2020, WE CREATED A 24/7 HOTLINE PEOPLE COULD CALL TO INQUIRE ABOUT TESTING, TREATMENT, AND LATER VACCINATION. THIS HOTLINE MINIMIZED THE BURDEN OF CLINICS AND HELPED PROTECT PATIENTS AND THE PUBLIC BY KEEPING PATIENTS FROM PRESENTING TO HEALTH CARE FACILITIES IN PERSON. ALONG WITH THE HOTLINE, AVERA LAUNCHED AN INNOVATIVE AND SPECIALIZED PROGRAM FOR CARING FOR COVID PATIENTS AT HOME, INCLUDING DAILY CHECK-INS, VIRTUAL VISITS (IF NEEDED) AND AT-HOME OXYGEN THERAPY. THROUGHOUT THE PANDEMIC THIS PROGRAM HAS SUPPORTED PATIENTS AND KEPT HOSPITALS FROM BECOMING OVERWHELMED.ADDITIONALLY, WE LAUNCHED PUBLIC AWARENESS CAMPAIGNS FOR MASKING AND VACCINATION THAT INCLUDED EARNED MEDIA, PAID ADVERTISING, AND DIGITAL PRESENCE. WE SET UP TESTING SITES AND EVENTS, INCLUDING A MASS TESTING EVENT FOR WORKERS AT THE LOCAL PROTEIN PLANT. THE STATE DELEGATED VACCINATION EFFORTS TO SOUTH DAKOTA'S HEALTH SYSTEMS, AND OUR STATE WAS RECOGNIZED NATIONALLY FOR OUR "SHOTS IN ARMS" EFFICIENCY. AVERA LED EFFORTS TO PRIORITIZE THOSE AT HIGHEST RISK, INCLUDING NOT ONLY ELDERLY AND INFIRM BUT HOMELESS, CONGREGATE LIVING RESIDENTS AND PROTEIN PLANT WORKERS WHICH INCLUDED A HIGH PERCENTAGE OF IMMIGRANTS. WE PARTICIPATED IN NATIONAL RESEARCH FOR COVID THERAPIES INCLUDING CONVALESCENT PLASMA, MONOCLONAL ANTIBODIES, AND ANTIVIRAL MEDICATIONS. WE WORKED WITH LOCAL AND STATE OFFICIALS TO INFORM THE PUBLIC AT REGULAR PRESS CONFERENCES AND EXPANDED BED CAPACITY BY REALLOCATING RESOURCES ACROSS ALL HOSPITALS IN OUR SYSTEM. AVERA PARTNERED WITH OTHER HEALTH FACILITIES AND SYSTEMS TO ENSURE CAPACITY FOR THE SICKEST PATIENTS, AND THOSE IN NEED OF ICU CARE AND VENTILATORS. OUT OF CONCERN FOR FRONT-LINE CAREGIVERS, AVERA LAUNCHED A HEALTH CARE WORKERS STRESS HOTLINE AVAILABLE 24/7 FOR HEALTH CARE WORKERS STRUGGLING WITH STRESS, ANXIETY, OR DEPRESSION AS A RESULT OF EFFECTS AND CHANGES BROUGHT ABOUT BY COVID-19 OR OTHER LIFE EVENTS. CALLS ARE ANSWERED BY A BEHAVIORAL HEALTH COUNSELOR. AVERA ALSO LAUNCHED EFFORTS TO SUPPORT AND RETAIN HEALTH CARE WORKFORCE, INCLUDING SUCH THINGS AS PAYING HEALTH INSURANCE PREMIUMS, PROVIDING SUPPORT PAYMENTS, $2 ACROSS-THE-BOARD PAY INCREASES, INCREASED ON-CALL PAY AND SHIFT DIFFERENTIALS, AND MORE. AS PANDEMIC-DRIVEN WORKFORCE SHORTAGES CONTINUE AND INFLATION CONCERNS LOOM, AVERA HAS DEVELOPED ITS OWN RN TRAVEL PROGRAM TO REDUCE DEPENDENCE ON COSTLY TRAVELERS. IN FACT, AVERA EXPERIENCED TRAVELER COSTS IN FISCAL YEAR 2022 THAT WERE FOUR TIMES THE COST IN A TYPICAL YEAR. HEALTH SYSTEMS ACROSS THE NATION ARE REPORTING FINANCIAL LOSSES DUE TO INFLATION AND INCREASED LABOR COSTS, DUE TO A HIGHLY COMPETITIVE LABOR MARKET. IN RESPONSE, AVERA IS MAKING SHORT- AND LONG-TERM ADJUSTMENTS TO OPTIMIZE AND CONTROL COSTS, HIRING FOR CRITICAL POSITIONS ONLY, RIGHT-SIZING OUR ORGANIZATION AND LEVERAGING TECHNOLOGY INCLUDING TELEMEDICINE. WE ARE TAKING THESE STEPS SO THAT WE CAN CONTINUE TO OFFER ESSENTIAL SERVICES THAT PEOPLE DEPEND ON THROUGHOUT OUR REGION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bob Sutton President/ceo | OfficerTrustee | 45 | $2,049,889 |
Gary Gaspar-Part Year Chair | OfficerTrustee | 5 | $0 |
Sister Penny Bingham Vice Chair/chair | OfficerTrustee | 5 | $0 |
Sister Debra Kolecka Osb Director | Trustee | 5 | $0 |
Dr Katherine Wang Director | Trustee | 5 | $0 |
Sister Pam Donelan Director | Trustee | 5 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Cdw Government Computer Hardware; Consulting | 6/29/22 | $28,288,034 |
Avera Mckennan Services | 6/29/22 | $7,701,163 |
Medspeed Courier Services | 6/29/22 | $4,564,029 |
A3r Llc Dba Vitel Net Software; Services | 6/29/22 | $3,044,058 |
Microsoft Corporation Software; Services | 6/29/22 | $5,104,992 |
Statement of Revenue | |
---|---|
Federated campaigns | $287,299 |
Membership dues | $0 |
Fundraising events | $1,000,328 |
Related organizations | $30,000 |
Government grants | $1,191,544 |
All other contributions, gifts, grants, and similar amounts not included above | $38,362,532 |
Noncash contributions included in lines 1a–1f | $283,959 |
Total Revenue from Contributions, Gifts, Grants & Similar | $40,871,703 |
Total Program Service Revenue | $274,572,116 |
Investment income | $135,714 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $422,371 |
Net Gain/Loss on Asset Sales | $6,341,274 |
Net Income from Fundraising Events | $243,606 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $441,737,044 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $15,785,817 |
Grants and other assistance to domestic individuals. | $37,103 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $7,894,744 |
Compensation of current officers, directors, key employees. | $7,894,744 |
Compensation to disqualified persons | $135,360 |
Other salaries and wages | $129,712,911 |
Pension plan accruals and contributions | $7,669,185 |
Other employee benefits | $16,444,177 |
Payroll taxes | $9,433,904 |
Fees for services: Management | $0 |
Fees for services: Legal | $116,266 |
Fees for services: Accounting | $1,385,547 |
Fees for services: Lobbying | $545,174 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $22,562,705 |
Advertising and promotion | $8,437,969 |
Office expenses | $8,787,187 |
Information technology | $33,276,717 |
Royalties | $0 |
Occupancy | $5,547,324 |
Travel | $1,179,078 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $910,017 |
Interest | $659,633 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $20,935,576 |
Insurance | -$2,140,407 |
All other expenses | $265,678 |
Total functional expenses | $292,380,913 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $27,501,589 |
Pledges and grants receivable | $1,609,551 |
Accounts receivable, net | $37,731,747 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $11,750,560 |
Prepaid expenses and deferred charges | $16,146,619 |
Net Land, buildings, and equipment | $101,396,137 |
Investments—publicly traded securities | $1,292,137,490 |
Investments—other securities | $143,843,078 |
Investments—program-related | $30,792 |
Intangible assets | $16,196,061 |
Other assets | $108,191,197 |
Total assets | $1,756,534,821 |
Accounts payable and accrued expenses | $33,736,130 |
Grants payable | $0 |
Deferred revenue | $13,064,034 |
Tax-exempt bond liabilities | $18,663,217 |
Escrow or custodial account liability | $1,028,211,189 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $19,524,946 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $184,838,753 |
Total liabilities | $1,298,038,269 |
Net assets without donor restrictions | $440,586,693 |
Net assets with donor restrictions | $17,909,859 |
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 | $1,756,534,821 |
Over the last fiscal year, Avera Health has awarded $4,772,835 in support to 116 organizations.
Grant Recipient | Amount |
---|---|
ABERDEEN CATHOLIC SCHOOL SYS INC PURPOSE: Scholarship | $86,300 |
ABERDEEN CHRISTIAN SCHOOL PURPOSE: Sponsorship | $8,000 |
ABERDEEN DEVELOPMENT CORPORATION PURPOSE: Sponsorship | $10,000 |
ACTIVE GENERATIONS PURPOSE: Sponsorship | $13,000 |
ALS ASSOC MN ND SD CHAPTER PURPOSE: Sponsorship | $12,500 |
ABERDEEN RIDE LINE PURPOSE: Sponsorship | $20,000 |