AURORA, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)NORTHERN PINES MEDICAL CENTER, founded in 1959, is a mid-sized nonprofit in the Health Care sector that reported $24.8M in total revenue in fiscal year 2022. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $21.2M left a modest 14% surplus.
WE ARE CALLED TO MAKE A HEALTHY DIFFERENCE IN PEOPLE'S LIVES.
NORTHERN PINES MEDICAL CENTER, DBA ESSENTIA HEALTH NORTHERN PINES, IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE, SCIENTIFIC, AND EDUCATIONAL PURPOSES. MORE SPECIFICALLY, ESSENTIA HEALTH...
NORTHERN PINES MEDICAL CENTER, DBA ESSENTIA HEALTH NORTHERN PINES, IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE, SCIENTIFIC, AND EDUCATIONAL PURPOSES. MORE SPECIFICALLY, ESSENTIA HEALTH NORTHERN PINES IS CREATED AND ORGANIZED TO OWN, MAINTAIN, OPERATE AND CONDUCT, DIRECTLY OR INDIRECTLY, AND TO ASSIST AND COORDINATE ACTIVITIES OF FACILITIES FOR HEALTH CARE, EDUCATION, CARE FOR THE AGED AND SOCIAL SERVICES, INCLUDING CHARITABLE CARE TO PERSONS UNABLE TO PAY.ESSENTIA HEALTH NORTHERN PINES HAS A 16-BED CRITICAL ACCESS HOSPITAL AND MULTI-SPECIALTY CLINIC THAT SERVES THE COMMUNITIES OF THE EAST RANGE OF MINNESOTA'S IRON RANGE. THE HOSPITAL'S EMERGENCY DEPARTMENT OFFERS CARE 24 HOURS A DAY, SEVEN DAYS A WEEK. ESSENTIA HEALTH NORTHERN PINES IS A LEVEL IV TRAUMA CENTER.ESSENTIA HEALTH NORTHERN PINES HAS A 33-BED SKILLED NURSING FACILITY CONNECTED TO THE HOSPITAL THAT PROVIDES RESPITE, HOSPICE, AND TRANSITIONAL CARE, REHABILITATION AND THERAPY, THERAPEUTIC ACTIVITIES, AND OTHER SERVICES.ESSENTIA HEALTH NORTHERN PINES EMPLOYS APPROXIMATELY 105 FULL TIME EQUIVALENTS. THE HOSPITAL PROVIDED OVER 2,000 HOSPITAL PATIENT DAYS AND APPROXIMATELY 16,000 OUTPATIENT VISITS DURING THE FISCAL YEAR ENDED JUNE 30, 2023. THE CLINIC HAD NEARLY 12,000 ENCOUNTERS AND THE SKILLED NURSING FACILITY PROVIDED CLOSE TO 11,000 RESIDENT DAYS DURING THE SAME TIME PERIOD.DURING THE FISCAL YEAR ENDED JUNE 30, 2023, ESSENTIA HEALTH NORTHERN PINES PROVIDED THE FOLLOWING COMMUNITY BENEFITS: $110,000 IN CHARITY CARE, $13,000 IN COMMUNITY SERVICES, AND $3,000 IN HEALTH PROFESSION EDUCATION.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $24,766,486 | $22,849,051 | +0.1% |
| Expenses | $21,189,428 | $19,102,925 | +0.1% |
| Net Income | $3,577,058 | $3,746,126 | 0.0% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| THOMAS WITT MD | FORMER PHYSICIAN LEADER | 0.00 |
|
$0 | $79,815 | $760,462 |
| KRISTA SKORUPA MD | BOARD DIRECTOR | 1.00 |
Director
|
$0 | $69,831 | $603,239 |
| TAMMY KRITZER | SENIOR VICE PRESIDENT, OPERATIONS | 1.00 |
Key Emp
|
$0 | $65,835 | $533,962 |
| MICHELLE OMAN MD | BOARD DIRECTOR | 1.00 |
Director
|
$0 | $63,377 | $379,323 |
| LAURA ACKMAN | ADMINISTRATOR | 60.00 |
Officer
|
$213,949 | $13,329 | $227,278 |
| JASON LENZ | NURSE PRACTITIONER | 60.00 |
Highest
|
$173,467 | $45,594 | $219,061 |
| JESSICA LINSTEN | NURSE PRACTITIONER | 60.00 |
Highest
|
$186,750 | $12,950 | $199,700 |
| PETER MATTSON | PHARMACY SITE SUPERVISOR | 60.00 |
Highest
|
$162,660 | $33,720 | $196,380 |
| JOSHUA SENGER | FINANCE DIRECTOR | 1.00 |
Officer
|
$0 | $1,703 | $194,011 |
| RICHARD JACKSON | MEDICAL LABORATORY TECHNICIAN | 60.00 |
Highest
|
$154,280 | $32,544 | $186,824 |
| SUSAN STARK | NURSE PRACTITIONER | 60.00 |
Highest
|
$134,606 | $7,502 | $142,108 |
| STEVE FELTMAN | FORMER SENIOR FINANCE ADVISOR | 0.00 |
|
$0 | $11,567 | $112,973 |
| RICHARD HESS | BOARD CHAIR/TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $4,963 |
| KEITH SHATAVA | BOARD SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | No data | No data | No data | No data |
| 2023 | $24,766,486 | $21,189,428 | $29,815,711 | $3,577,058 |
| 2022 | $22,849,051 | $19,102,925 | $26,531,481 | $3,746,126 |
| 2021 | $20,026,883 | $16,631,091 | $26,811,835 | $3,395,792 |
| 2020 | $19,051,893 | $16,301,734 | $24,849,895 | $2,750,159 |
| 2019 | $18,145,003 | $16,381,579 | $17,993,684 | $1,763,424 |
| 2018 | $17,017,225 | $16,183,614 | $16,629,565 | $833,611 |
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