ST JOSEPH'S MEDICAL CENTER (EIN 410695602) - 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

1985

Legal Domicile

Principal Officer

SANDY ZUTZ-WICZEK

Phone

2188292861

Tax Period

2024-07-01 to 2025-06-30

ST JOSEPH'S MEDICAL CENTER, founded in 1985, is a major nonprofit in the Health Care sector that reported $321.0M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $297.7M left a modest 7% surplus.

Mission

THROUGHOUT ESSENTIA HEALTH, WE ARE CALLED TO MAKE A HEALTHY DIFFERENCE IN PEOPLE'S LIVES. AS A MEMBER OF THE ESSENTIA HEALTH FAMILY, ST. JOSEPH'S MEDICAL CENTER'S MISSION AS A CATHOLIC, BENEDICTINE SPONSORED FACILITY IS TO PROMOTE CHRIST'S MINISTRY OF HOLISTIC HEALING FOR ALL HUMAN LIFE WITH SPECIAL CONCERN FOR THE POOR AND POWERLESS.

🔒

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 $1,089,625

Program Service Revenue $307,180,414

Investment Income $12,137,996

Other Revenue $571,609

TOTAL REVENUE $320,979,644

Expense Breakdown

Grants Paid $341,108

Salaries & Benefits $149,198,837

Fundraising Expenses $0

Program Expenses $260,332,161

Other Expenses $148,150,777

TOTAL EXPENSES $297,690,722

Year-over-Year Comparison

	2024	2023	Change
Revenue	$320,979,644	$292,136,675	+0.1%
Expenses	$297,690,722	$279,100,535	+0.1%
Net Income	$23,288,922	$13,036,140	+0.8%

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

1356

Volunteers

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

$3,174,621

Total Directors

$965,901

Key Employees

$1,177,070

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TRACI MORRIS	TREASURER/REL ORG CHIEF FINCL OFF	1.00	Officer	$0	$144,686	$1,199,416
WILLIAM HEEGAARD MD	FORMER PRESIDENT	0.00		$0	$122,346	$1,098,293
KRISTA SKORUPA MD	FORMER INTERIM PRESIDENT	1.00		$0	$146,142	$952,538
MICHAEL WATTERS	SECRETARY/REL ORG CHIEF LEGAL OFF	1.00	Officer	$0	$151,399	$924,527
KEVIN CASEY MD	FORMER CHIEF MEDICAL OFFICER	0.00		$0	$0	$817,015
KEVIN BOREN	VICE PRESIDENT, FINANCE	1.00	Officer	$0	$123,808	$678,621
TROY DUININCK MD	BD DIRECTOR/REL ORG PHYS & DIV CHAIR	0.10	Director	$0	$69,761	$617,667
TODD DEFREECE	SENIOR VICE PRESIDENT, OPERATIONS	1.00	Key Emp	$412,659	$117,001	$529,660
SARA LOKSTAD MD	ASSOCIATE CHIEF MEDICAL OFFICER	1.00	Key Emp	$0	$22,951	$360,496
SANDY ZUTZ-WICZEK	ADMINISTRATOR	1.00	Officer	$0	$56,507	$352,257
MATTHEW MOHRENWEISER	CRNA MANAGER	60.00	Highest	$275,040	$56,355	$331,395
JAN BALDWIN MD	BOARD DIRECTOR/RELATED ORG PHYSICIAN	0.10	Director	$0	$50,172	$308,234
WESTON KROHN	CRNA	60.00	Highest	$269,002	$29,467	$298,469
TERRI OSTER	CRNA	60.00	Highest	$266,649	$30,230	$296,879
KACIE WOTTRENG	CRNA	60.00	Highest	$276,826	$15,063	$291,889
SAMUEL BRANDL	CRNA	60.00	Highest	$277,303	$13,370	$290,673
MELISSA MCKAY	NURSING DIRECTOR III	59.00	Key Emp	$236,611	$50,303	$286,914
MICHAEL LARSON	FORMER SENIOR VP, OPERATIONS	0.00		$163,836	$0	$163,836
PETER HENRY MD	FORMER CHIEF MEDICAL OFFICER	0.00		$0	$8,922	$120,466
JOSEPH MIHALEK	BOARD CHAIR THRU 12/24	0.10	Officer Director	$0	$0	$7,800
THOMAS JAMAR	BOARD VICE CHAIR	0.10	Officer Director	$0	$0	$6,600
ALAN ROCK	BOARD DIRECTOR THRU 12/24	0.10	Director	$0	$0	$6,000
GEORGE LOBAN	BOARD DIRECTOR	0.10	Director	$0	$0	$5,600
ANTHONY SERTICH	BOARD CHAIR	0.10	Officer Director	$0	$0	$5,400
AMY BERGSTROM	BOARD DIRECTOR	0.10	Director	$0	$0	$5,000
ANTHONY YUNG	BOARD DIRECTOR	0.10	Director	$0	$0	$3,600
ADAM BACHAND	BOARD DIRECTOR	0.10	Director	$0	$0	$0
BECKY URBANSKI	BOARD DIRECTOR	0.10	Director	$0	$0	$0
NANCY ARONSON NORR	BOARD DIRECTOR	0.10	Director	$0	$0	$0
SISTER BEVERLY RAWAY	BOARD DIRECTOR	0.10	Director	$0	$0	$0
SISTER JEANNE ANN WEBER	BOARD DIRECTOR	0.10	Director	$0	$0	$0
SISTER THERESE CARSON	BOARD DIRECTOR THRU 12/24	0.10	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
2025	$320,979,644	$297,690,722	$482,142,174	$23,288,922
2024	No data	No data	No data	No data
2023	$275,955,489	$263,747,087	$404,572,269	$12,208,402
2022	$295,781,052	$251,430,786	$376,719,623	$44,350,266
2021	$268,872,696	$222,033,491	$389,647,054	$46,839,205
2020	$239,560,289	$212,653,624	$330,012,871	$26,906,665
2019	$233,650,878	$209,384,130	$279,960,157	$24,266,748
2018	$217,632,707	$195,701,401	$255,358,074	$21,931,306

ST JOSEPH'S MEDICAL CENTER