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 06/2021, Avera Health employed 1,976 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 06/2021, Avera Health generated $323.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.1% each year. All expenses for the organization totaled $333.1m during the year ending 06/2021. While expenses have increased by 11.7% 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 2015, Avera Health has awarded 803 individual grants totaling $58,945,295. 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
2021
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.AVEL ECARE IS A VISIONARY CARE DELIVERY MODEL THAT PROVIDES RURAL HEALTH CARE PROFESSIONALS AROUND-THE-CLOCK ACCESS TO SPECIALTY CARE PHYSICIANS, NURSES AND PHARMACISTS. USING ADVANCED COMMUNICATION TECHNOLOGY, ECARE SUPPORTS RURAL FACILITIES IN THE PROVISION OF EVIDENCE-BASED, HIGH-QUALITY CARE AND OFFSETS WORKFORCE SHORTAGES IN RURAL COMMUNITIES. ECARE IS A NATURAL EXTENSION OF AVERA'S HEALTH MISSION AND ITS CENTURY-LONG COMMITMENT TO ITS RURAL COMMUNITIES TO MAINTAIN ACCESS TO QUALITY CARE CLOSE TO HOME. AVEL ECARE WORKS WITH SOME OF THE MOST UNDERSERVED POPULATIONS IN THE UNITED STATES. THIS INCLUDES FRONTIER POPULATIONS, LONG TERM CARE RESIDENTS, NATIVE AMERICAN RESERVATIONS, DISABLED VETERANS, AND INMATES. BY BRINGING HIGH QUALITY, ON DEMAND ACCESS TO SPECIALTY CARE, THESE UNIQUE POPULATIONS ARE ABLE TO RECEIVE CARE WITHIN THEIR HOME COMMUNITY AND IN A FAMILIAR, CULTURALLY APPROPRIATE SETTING. THEY ARE TREATED IN COORDINATION WITH THE LOCAL PRACTITIONERS THAT BEST UNDERSTAND THEIR ONGOING CARE NEEDS.DURING THE COVID PANDEMIC OVER THE LAST TWO 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 HEALTHCARE 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. 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Richard Molseed Exec VP - Governance & Strategy | 40 | $1,771,632 | |
Bob Sutton President/ceo | OfficerTrustee | 40 | $1,749,379 |
David Flicek Pres/ceo - Avera Mckennan | Officer | 0 | $1,275,864 |
James Veline - Senior Vice Pres - Chief Information Officer | 40 | $1,086,624 | |
David Erickson Chief Medical/innovation Officer | 40 | $905,630 | |
Julie Lautt CFO Avera Health; Sec/treas | Officer | 40 | $903,545 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Avera Mckennan Services | 6/29/21 | $13,975,588 |
Cdw Government Computer Hardware; Consulting | 6/29/21 | $13,430,887 |
Medical Information Technology Inc Hardware/software; Consulting | 6/29/21 | $5,192,193 |
Medspeed Courier Services | 6/29/21 | $3,848,113 |
Cisco Systems Capital Corporation Hardware/software; Consulting | 6/29/21 | $3,390,629 |
Statement of Revenue | |
---|---|
Federated campaigns | $199,382 |
Membership dues | $0 |
Fundraising events | $451,874 |
Related organizations | $16,372 |
Government grants | $1,815,012 |
All other contributions, gifts, grants, and similar amounts not included above | $19,353,509 |
Noncash contributions included in lines 1a–1f | $1,735,275 |
Total Revenue from Contributions, Gifts, Grants & Similar | $21,836,149 |
Total Program Service Revenue | $275,697,373 |
Investment income | $199,301 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $165,643 |
Net Gain/Loss on Asset Sales | $16,908,592 |
Net Income from Fundraising Events | $197,164 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $323,568,990 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $30,587,047 |
Grants and other assistance to domestic individuals. | $59,443 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $7,015,041 |
Compensation of current officers, directors, key employees. | $7,015,041 |
Compensation to disqualified persons | $129,740 |
Other salaries and wages | $128,547,239 |
Pension plan accruals and contributions | $32,328,306 |
Other employee benefits | $17,183,227 |
Payroll taxes | $8,830,855 |
Fees for services: Management | $0 |
Fees for services: Legal | $771,413 |
Fees for services: Accounting | $1,531,254 |
Fees for services: Lobbying | $249,325 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $34,283,919 |
Advertising and promotion | $8,093,310 |
Office expenses | $7,504,621 |
Information technology | $22,041,333 |
Royalties | $0 |
Occupancy | $6,133,997 |
Travel | $699,083 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $553,557 |
Interest | $850,183 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $19,659,605 |
Insurance | -$482,008 |
All other expenses | $1,133,212 |
Total functional expenses | $333,143,247 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $28,905,697 |
Pledges and grants receivable | $1,742,261 |
Accounts receivable, net | $29,283,558 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $396,483 |
Prepaid expenses and deferred charges | $15,988,570 |
Net Land, buildings, and equipment | $101,695,308 |
Investments—publicly traded securities | $1,294,673,040 |
Investments—other securities | $148,615,736 |
Investments—program-related | $32,516 |
Intangible assets | $16,139,552 |
Other assets | $124,469,181 |
Total assets | $1,761,941,902 |
Accounts payable and accrued expenses | $34,826,307 |
Grants payable | $0 |
Deferred revenue | $6,753,531 |
Tax-exempt bond liabilities | $20,936,012 |
Escrow or custodial account liability | $1,108,976,303 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $33,371,297 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $169,538,746 |
Total liabilities | $1,374,402,196 |
Net assets without donor restrictions | $379,904,627 |
Net assets with donor restrictions | $7,635,079 |
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 | $1,761,941,902 |
Over the last fiscal year, Avera Health has awarded $17,739,684 in support to 115 organizations.
Grant Recipient | Amount |
---|---|
Pierre, SD PURPOSE: Sponsorship | $11,270,000 |
Sioux Falls, SD PURPOSE: Sponsorship | $1,700,000 |
Sioux Falls, SD PURPOSE: Scholarship; Sponsorship | $400,000 |
Vermillion, SD PURPOSE: Sponsorship | $354,100 |
Yankton, SD PURPOSE: Scholarship; Sponsorship | $286,000 |
Sioux Falls, SD PURPOSE: Sponsorship | $250,000 |
Over the last fiscal year, we have identified 9 grants that Avera Health has recieved totaling $311,010.
Awarding Organization | Amount |
---|---|
Sioux Empire United Way Inc Sioux Falls, SD PURPOSE: PARTNER AGENCY ALLOC | $166,882 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $34,000 |
Oahe Foundation Pierre, SD PURPOSE: GENERAL SUPPORT | $33,438 |
Scottish Rite Foundation Of South Dakota Mitchell, SD PURPOSE: PROGRAM ASSISTANCE | $25,000 |
American Endowment Foundation Hudson, OH PURPOSE: HEALTH, GENERAL | $15,623 |
Parkinsons Foundation Inc Miami, FL | | $14,879 |
Beg. Balance | $6,403,165 |
Earnings | $432,897 |
Admin Expense | $36,245 |
Net Contributions | $1,694,590 |
Other Expense | $696,359 |
Ending Balance | $7,798,048 |
Organization Name | Assets | Revenue |
---|---|---|
Avera Health Sioux Falls, SD | $1,761,941,902 | $323,568,990 |
Essentia Health Duluth, MN | $613,077,249 | $232,654,548 |
Teamsters Local 346 Health Fund Trust Bloomington, MN | $55,790,921 | $66,782,892 |
Childrens Hospital & Medical Center Foundation Omaha, NE | $482,957,536 | $27,549,600 |
Healthpartners Institute Minneapolis, MN | $92,324,263 | $47,741,048 |
Montana Contractors Association Health Care Trust Billings, MT | $43,826,014 | $40,627,147 |
Regional West Health Services & Affiliated Employee Benefit Trust Scottsbluff, NE | $5,369,125 | $34,323,197 |
Pioneer Healthcare Tr Fargo, ND | $21,487,108 | $28,269,563 |
Oklahoma Gas And Electric Company Employees Medical Benefit Trust Des Moines, IA | $55,573 | $22,996,745 |
Roofers Local 96 Health & Welfare Fund Bloomington, MN | $17,573,620 | $18,996,626 |
Northern Minnesota-Wisconsin Area Retail Food Health & Welfare Fund Duluth, MN | $9,554,218 | $16,178,140 |
Wyoming Machinery Company Employee Medical Benefit Trust Casper, WY | $617,446 | $14,203,698 |