ALLINA HEALTH SYSTEM (EIN 363261413) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1983

Legal Domicile

Principal Officer

LISA SHANNON

Phone

6122620660

Tax Period

2024-01-01 to 2024-12-31

ALLINA HEALTH SYSTEM, founded in 1983, is a large national nonprofit in the Health Care sector that reported $5.9B in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

ALLINA HEALTH SYSTEM ("ALLINA HEALTH") IS DEDICATED TO MEETING THE NEEDS OF OUR PATIENTS THROUGH WHOLE PERSON CARE-PHYSICAL, MENTAL, SPIRITUAL AND COMMUNITY. THIS COMMITMENT IS EMBODIED IN OUR MISSION: TO PROVIDE EXCEPTIONAL CARE, AS WE PREVENT ILLNESS, RESTORE HEALTH AND PROVIDE COMFORT TO ALL WHO ENTRUST US WITH THEIR CARE. ALLINA HEALTH PROVIDES A FULL RANGE OF PRIMARY AND SPECIALTY HEALTH CARE SERVICES INCLUDING TECHNICALLY ADVANCED INPATIENT AND OUTPATIENT CARE, 24-HOUR EMERGENCY CARE, MEDICAL TRANSPORTATION, PHARMACY, LABORATORY, HOME CARE AND HOSPICE SERVICES. BECAUSE OF ITS CHARITABLE MISSION, ALLINA HEALTH PROVIDES THESE HEALTH CARE SERVICES AS WELL AS EDUCATIONAL AND WELLNESS PROGRAMS TO COMMUNITY MEMBERS REGARDLESS OF THEIR ABILITY TO PAY FOR THE SERVICES. IN 2024, ALLINA HEALTH PROVIDED $1,316,232,969 IN COMMUNITY CONTRIBUTIONS SUCH AS DIRECT FINANCIAL SUPPORT, IN-KIND DONATIONS, FREE AND REDUCED-COST MEDICAL CARE AND SERVICES, AND FUNDING FOR PUBLIC HEALTH PROGRAMS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $39,714,759

Program Service Revenue $5,705,588,094

Investment Income $108,097,428

Other Revenue $75,860,106

TOTAL REVENUE $5,929,260,387

Expense Breakdown

Grants Paid $5,558,480

Salaries & Benefits $3,452,093,721

Fundraising Expenses $8,266,892

Program Expenses $5,090,784,810

Other Expenses $2,377,657,836

TOTAL EXPENSES $5,835,310,037

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,929,260,387	$5,383,327,820	+0.1%
Expenses	$5,835,310,037	$5,578,317,306	+0.0%
Net Income	$93,950,350	$-194,989,486	-1.5%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✓ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

33231

Volunteers

3266

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

$15,849,118

Total Directors

$4,853,452

Key Employees

$9,682,282

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LISA SHANNON	PRESIDENT/CEO	40.00	Officer Director	$2,639,245	$1,452,848	$4,092,093
DANIEL O'LAUGHLIN MD	DIRECTOR	40.00	Director	$479,171	$117,614	$596,785
DARRELL TUKUA	DIRECTOR	2.00	Director	$20,500	$0	$20,500
CHALLIS LOWE	DIRECTOR	2.00	Director	$17,869	$0	$17,869
BARBARA BUTTS WILLIAMS PHD	DIRECTOR	2.00	Director	$17,500	$0	$17,500
LAURA GILLUND	DIRECTOR	2.00	Director	$16,500	$0	$16,500
DAVID KUPLIC	DIRECTOR	2.00	Director	$16,500	$0	$16,500
SHAWN ULREICH	DIRECTOR	2.00	Director	$15,360	$0	$15,360
CHANDA SMITH BAKER	DIRECTOR	2.00	Director	$14,250	$0	$14,250
RAYMOND CLAY AHRENS	DIRECTOR	2.00	Director	$12,500	$0	$12,500
MAYKAO HANG DPA	DIRECTOR	2.00	Director	$12,500	$0	$12,500
RUTH WILLIAMS-BRINKLEY	DIRECTOR	2.00	Director	$7,095	$0	$7,095
LOUIS KING II	DIRECTOR	2.00	Director	$6,250	$0	$6,250
AMY RONNEBERG	DIRECTOR	2.00	Director	$6,250	$0	$6,250
BRIAN MCGRANE	DIRECTOR	2.00	Director	$1,500	$0	$1,500
JENNIFER ALSTAD	DIRECTOR	2.00	Director	$0	$0	$0
SHARI BALLARD	DIRECTOR	2.00	Director	$0	$0	$0
JOHN CHURCH	DIRECTOR	2.00	Director	$0	$0	$0
JAMES KOLAR	DIRECTOR	2.00	Director	$0	$0	$0
LEE MITAU	DIRECTOR	2.00	Director	$0	$0	$0
DEBBRA SCHONEMAN	DIRECTOR/CHAIR	2.00	Director	$0	$0	$0
THOMAS SCHREIER JR	DIRECTOR	2.00	Director	$0	$0	$0
TIMOTHY WELSH	DIRECTOR/VICE CHAIR	2.00	Director	$0	$0	$0
VICKI YANISCH RASMUSEN	DIRECTOR	2.00	Director	$0	$0	$0
DOMINICA TALLARICO	EVP, CHIEF OPERATING OFFIC	40.00	Officer	$1,460,917	$638,112	$2,099,029
CHRISTINE MOORE	EVP, CHIEF ADMINISTRATIVE	40.00	Officer	$1,582,787	$-23,056	$1,559,731
ELIZABETH TRUESDELL SMITH	SECRETARY/SVP GEN COUN.	40.00	Officer	$1,146,269	$233,641	$1,379,910
LAWRENCE CHO	SVP, CHIEF STRATEGY & GROW	40.00	Officer	$973,925	$395,865	$1,369,790
HSIENG SU MD	SVP, CHIEF MEDICAL OFFICER	40.00	Officer	$900,784	$422,326	$1,323,110
DOUGLAS WATSON	EVP, CHIEF FINANCIAL OFFICER	40.00	Officer	$871,547	$265,356	$1,136,903
DANDRE CARPENTER DNP	SVP SYSTEM NURSING OFFICER	40.00	Officer	$799,890	$241,858	$1,041,748
SARAH STUMME CARTER	SVP, CHIEF HUMAN RESOURCES OFFICER	40.00	Officer	$729,303	$135,293	$864,596
RICHARD MAGNUSON	TREASURER/EVP/CFO	40.00	Officer	$595,994	$-67,478	$528,516
KIMBERLY JORDAN	VP, CHIEF COMPLIANCE OFFICER	40.00	Officer	$209,299	$32,308	$241,607
PATRICIA WESELA	INTERIM CHIEF COMPLIANCE O	40.00	Officer	$188,734	$23,351	$212,085
SANJAY SINGH MD	VP CLINICAL SERVICE LINE N	40.00	Key Emp	$1,019,457	$299,272	$1,318,729
BADRINATH KONETY MD	VP CANCER INSTITUTE/PRESID	40.00	Key Emp	$1,051,221	$259,661	$1,310,882
DAVID SLOWINSKE	SVP OPERATIONS - NORTHEAST	40.00	Key Emp	$865,772	$326,473	$1,192,245
DAVID JOOS	VP OPERATIONS-SOUTHWEST RE	40.00	Key Emp	$689,288	$241,858	$931,146
ROBERT QUICKEL MD	VP CLINICAL SERVICE LINE,	40.00	Key Emp	$814,616	$57,057	$871,673
DAVID INGHAM DO	VP CHIEF INFORMATION OFFIC	40.00	Key Emp	$676,167	$160,117	$836,284
NICHOLAS MENDYKA	VP SYSTEM FINANCE OPERATIO	40.00	Key Emp	$647,120	$23,216	$670,336
VENKAT IYER MD	VP CLINICAL SERVICE LINE	40.00	Key Emp	$634,319	$158,157	$792,476
WILLIAM EVANS	SVP CHIEF MEDICAL GROUP OPERATIONS OFFICER	40.00	Key Emp	$562,906	$112,996	$675,902
THOMAS LUBOTSKY	VP SUPPLY CHAIN	40.00	Key Emp	$596,136	$59,109	$655,245
MOTTI EDELSTEIN	VP REVENUE CYCLE MANAGEMEN	40.00	Key Emp	$402,981	$24,383	$427,364
CIRO VASQUEZ MD	PHYSICIAN	40.00	Highest	$1,814,347	$138,769	$1,953,116
MAHMOUD NAGIB MD	PHYSICIAN	40.00	Highest	$1,777,987	$45,616	$1,823,603
STEPHEN MCHALE MD	PHYSICIAN	40.00	Highest	$1,547,203	$137,137	$1,684,340
DANA HARMS MD	PHYSICIAN	40.00	Highest	$1,480,468	$48,703	$1,529,171
MARK HELLER MD	PHYSICIAN	40.00	Highest	$1,460,766	$42,002	$1,502,768
SARA CRIGER	FORMER SVP/OPS/PRES MERCY & UNITE	40.00		$658,260	$0	$658,260
RYAN ELSE MD	FORMER VP MEDICAL AFFAIRS	40.00		$479,940	$0	$479,940
JONATHAN SHOEMAKER	FORMER SVP OPERATIONS AND CHIEF I	40.00		$309,300	$0	$309,300
PETER HOFRENNING	FORMER SVP,INTERIM CHIEF C	40.00		$245,772	$41,822	$287,594
JOHN MISA MD	FORMER VP INTERIM AHG MED OFF	40.00		$224,640	$0	$224,640

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	$5,929,260,387	$5,835,310,037	$5,973,074,070	$93,950,350
2023	$5,383,327,820	$5,578,317,306	$5,959,780,886	$-194,989,486
2022	$5,162,065,945	$5,190,755,731	$5,837,797,261	$-28,689,786
2021	$5,076,382,921	$4,842,121,497	$6,521,342,252	$234,261,424
2020	$4,631,840,052	$4,513,811,543	$5,900,652,811	$118,028,509
2019	$4,655,438,396	$4,538,915,684	$5,338,690,925	$116,522,712
2018	$4,563,320,184	$4,395,396,387	$4,545,342,711	$167,923,797

ALLINA HEALTH SYSTEM