Healtheast Woodwinds Hospital

EIN: 411592761 501(c)(3) Health Care

Minneapolis, MN

Total Revenue
$241,875,110
Total Expenses
$242,144,639
Total Assets
$116,139,236
Net Assets
$104,850,588
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
MN
Phone
6126724976
Tax Period
2023-01-01 to 2023-12-31

Healtheast Woodwinds Hospital, founded in 1987, is a major nonprofit in the Health Care sector that reported $241.9M in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion.

Mission

HealthEast Woodwinds Hospital is an acute care hospital.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $63,900
Program Service Revenue $241,739,087
Investment Income $6,000
Other Revenue $66,123
TOTAL REVENUE $241,875,110

Expense Breakdown

Grants Paid $0
Salaries & Benefits $113,458,529
Fundraising Expenses $0
Program Expenses $199,962,373
Other Expenses $128,686,110
TOTAL EXPENSES $242,144,639

Year-over-Year Comparison

2023 2022 Change
Revenue $241,875,110 $211,387,346 +0.1%
Expenses $242,144,639 $229,918,297 +0.1%
Net Income $-269,529 $-18,530,951 -1.0%
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

Sign In

Governance

Voting Members
20
Independent Members
19
Employees
N/A
Volunteers
157

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
$19,247,615
Total Directors
20
$5,616,751
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A Vice Chair 0.0
Officer Director
$0 $0 $0
N/A President & CEO 2.0
Officer Director
$0 $38,307 $5,246,751
N/A Vice Chair 0.0
Officer Director
$0 $0 $25,000
N/A Chair 0.0
Officer Director
$0 $0 $35,000
N/A Secretary 0.0
Officer Director
$0 $0 $25,000
N/A Director 0.0
Director
$0 $0 $25,000
N/A Director 0.0
Director
$0 $0 $20,000
N/A Director 0.0
Director
$0 $0 $20,000
N/A Director 0.0
Director
$0 $0 $20,000
N/A Director 0.0
Director
$0 $0 $20,000
N/A Director 0.0
Director
$0 $0 $25,000
N/A Director 0.0
Director
$0 $0 $25,000
N/A Director 0.0
Director
$0 $0 $25,000
N/A Director 0.0
Director
$0 $0 $20,000
N/A Director 0.0
Director
$0 $0 $0
N/A Director 0.0
Director
$0 $0 $25,000
N/A Director 0.0
Director
$0 $0 $0
N/A Director 0.0
Director
$0 $0 $20,000
N/A Director 0.0
Director
$0 $0 $20,000
N/A Director 0.0
Director
$0 $0 $20,000
N/A Chf Public Affairs Officer 2.0
Officer
$0 $97,934 $847,342
N/A EVP & Chf Transformation Officer 2.0
Officer
$0 $116,219 $929,487
N/A EVP, COO 2.0
Officer
$0 $170,630 $1,253,184
N/A CFO 2.0
Officer
$0 $200,937 $1,843,940
N/A COO 2.0
Officer
$0 $103,835 $2,033,363
N/A CMO 2.0
Officer
$0 $103,992 $1,681,615
N/A Chf People Officer 2.0
Officer
$0 $65,596 $1,035,357
N/A EVP & Chf Shared Clinical Svcs 2.0
Officer
$0 $206,096 $1,510,285
N/A Chf Digital Officer2 2.0
Officer
$0 $187,871 $1,371,769
N/A Chf Legal Counsel 2.0
Officer
$0 $276,107 $1,409,522
N/A Physician 40.0
Highest
$0 $37,585 $478,360
N/A Physician 40.0
Highest
$0 $32,625 $501,228
N/A Physician 40.0
Highest
$0 $31,128 $445,264
N/A Physician 40.0
Highest
$0 $25,562 $611,528
N/A Physician 40.0
Highest
$0 $30,695 $509,334
N/A Former Physician 0.0
$0 $20,455 $445,885
N/A Former Physician 0.0
$0 $38,198 $870,234
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 $241,875,110 $242,144,639 $116,139,236 $-269,529
2022 $211,387,346 $229,918,297 $111,572,647 $-18,530,951
2021 $182,397,890 $199,806,210 $119,579,583 $-17,408,320
2020 $165,896,956 $165,263,362 $126,304,735 $633,594
2019 $172,277,478 $183,252,757 $118,845,214 $-10,975,279
2018 $174,295,451 $168,347,967 $116,843,758 $5,947,484
Explore More Nonprofits
→Top 100 Nonprofits in Minnesota →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare Healtheast Woodwinds Hospital with other nonprofits in Minnesota and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.