MINNESOTA CENTER FOR HEALTH CARE ETHICS

EIN: 134236053 501(c)(3) Health Care

Saint Paul, MN

Total Revenue
$217,558
Total Expenses
$334,287
Total Assets
$29,163
Net Assets
$27,507
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
MN
Phone
6516962776
Tax Period
2023-01-01 to 2023-12-31

MINNESOTA CENTER FOR HEALTH CARE ETHICS, founded in 2003, is a small nonprofit in the Health Care sector that reported $218K in total revenue in fiscal year 2023. Revenue surged 36% from the prior year, signaling strong growth momentum. Expenses of $334K exceeded revenue, resulting in a 54% operating deficit.

Mission

Assisting individuals in ethically informed decision making by generating and communication ethical concepts, principles and frameworks; exploring and researching diverse cultural perspectives; and promoting health care ethics education wile making scholarly contributions to the field of health care ethics worldwide.

Program Service Accomplishments

Program 1
Expenses: $249,560 Revenue: $217,558

The Minnesota Center for Health Care Ethics' (MCHCE) major program service was its service to its sponsoring organization in the form of education, consultation, internal policy formation and...

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The Minnesota Center for Health Care Ethics' (MCHCE) major program service was its service to its sponsoring organization in the form of education, consultation, internal policy formation and leadership in health care ethics focused on five areas of special importance to its sponsoring organization: 1) diverse faith and cultural perspectives 2) health care reform 3) end of life care and dementia 4) emerging technologies 5) public health and disaster ethics. In addition, MCHCE entered into a contract with another Minnesota nonprofit organization, Honoring Choices, through which MCHCE was paid $15,000 to lead the process of revising the Honoring Choices Minnesota Health Care Directive (the de facto advance health care directive for the state of Minnesota). This work was heavily tied to two areas of special importance to MCHCE's sponsoring organization - diverse faith and cultural perspectives and end of life care and dementia.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $216,460
Program Service Revenue $0
Investment Income $1,098
Other Revenue $0
TOTAL REVENUE $217,558

Expense Breakdown

Grants Paid $0
Salaries & Benefits $313,779
Fundraising Expenses $0
Program Expenses $249,560
Other Expenses $20,508
TOTAL EXPENSES $334,287

Year-over-Year Comparison

2023 2022 Change
Revenue $217,558 $159,404 +0.4%
Expenses $334,287 $341,436 0.0%
Net Income $-116,729 $-182,032 -0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Governance

Voting Members
3
Independent Members
3
Employees
3
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$183,834
Total Directors
4
$183,834
Key Employees
1
$183,834
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Dr Karen Gervais Ph D CEO/COO 40
Officer Director Key Emp Highest
$168,591 $15,243 $183,834
Margaret Gillespie CSJ Chair, Treasurer 0
Officer Director
$0 $0 $0
Jean Wincek CSJ Vice Chair - Secretary 0
Officer Director
$0 $0 $0
Katherine Rossini CSJ Director 0
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $217,558 $334,287 $29,163 $-116,729
2022 $159,404 $341,436 $146,635 $-182,032
2021 $155,138 $341,734 $330,071 $-186,596
2020 $455,259 $354,741 $516,247 $100,518
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