DELTA DENTAL OF MINNESOTA FOUNDATION

EIN: 264482509 501(c)(3) Health Care

MINNEAPOLIS, MN

Total Revenue
$5,904,942
Total Expenses
$8,522,752
Total Assets
$146,070,219
Net Assets
$142,014,432
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
MN
Principal Officer
RODNEY A YOUNG
Phone
6122243282
Tax Period
2023-01-01 to 2023-12-31

DELTA DENTAL OF MINNESOTA FOUNDATION, founded in 2009, is a community nonprofit in the Health Care sector that reported $5.9M in total revenue in fiscal year 2023. Revenue fell 47% from the prior year — a significant decline worth monitoring. Expenses of $8.5M exceeded revenue, resulting in a 44% operating deficit.

Mission

DELTA DENTAL OF MINNESOTA FOUNDATION IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PUBLIC HEALTH PURPOSE OF THE DELTA DENTAL SUPPORTED ORGANIZATIONS IN MINNESOTA AND INITIALLY FOR DENTAL PUBLIC HEALTH.

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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 $0
Program Service Revenue $0
Investment Income $5,904,942
Other Revenue $0
TOTAL REVENUE $5,904,942

Expense Breakdown

Grants Paid $7,280,403
Salaries & Benefits $801,414
Fundraising Expenses $0
Program Expenses $7,280,403
Other Expenses $440,935
TOTAL EXPENSES $8,522,752

Year-over-Year Comparison

2023 2022 Change
Revenue $5,904,942 $11,133,016 -0.5%
Expenses $8,522,752 $7,670,125 +0.1%
Net Income $-2,617,810 $3,462,891 -1.8%
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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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
4
Employees
N/A
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
11
$6,536,133
Total Directors
8
$4,114,025
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RODNEY A YOUNG CEO & DIRECTOR 0.60
Officer Director
$0 $50,347 $2,561,301
STEPHANIE A ALBERT PRESIDENT & DIRECTOR 11.70
Officer Director
$0 $49,267 $947,572
KIMBERLY F PRICE CHAIR 1.10
Officer Director
$0 $1,073 $84,073
JOHN W BLUFORD VICE CHAIR 0.50
Officer Director
$0 $1,073 $45,073
LYNDSAY BATES DDS SECRETARY 0.50
Officer Director
$0 $1,820 $39,820
BRUCE TEMPLETON DMD TREASURER 3.50
Officer Director
$0 $3,113 $364,113
SUSAN C ANDERSON DIRECTOR 0.20
Director
$0 $1,073 $37,073
KATE MORTENSON DIRECTOR 0.50
Director
$0 $0 $35,000
TAMERA K ROBINSON EVP & CFO 0.40
Officer
$0 $24,911 $1,345,770
JAMES R SWANSTROM DDS SECRETARY (THROUGH 12/2023) 0.50
Officer
$0 $1,073 $39,073
MICHAEL W HOWE TREASURER (THROUGH 12/2023) 0.50
Officer
$0 $1,073 $86,073
CAROL M HOUGHTBY WATSON VP, CAO, ASST TREASURER 0.30
Officer
$0 $36,554 $551,257
NADIA MARTYN VP , GENERAL COUNSEL, ASSIST. SECRETARY 1.30
Officer
$0 $63,431 $472,008
SHARON OSWALD AVP, DDMN FOUNDATION & COMM 33.60
Highest
$0 $24,703 $206,988
JOHN R HOWE SR DIRECTOR, FOUNDATION 19.40
Highest
$0 $21,801 $172,072
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 $5,904,942 $8,522,752 $146,070,219 $-2,617,810
2022 $11,133,016 $7,670,125 $132,230,469 $3,462,891
2021 $13,740,122 $7,122,419 $161,726,707 $6,617,703
2020 $11,978,491 $7,014,629 $150,362,918 $4,963,862
2019 $8,859,821 $4,474,634 $135,138,990 $4,385,187
2018 $5,795,656 $5,070,522 $116,224,006 $725,134
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