HEALTHPARTNERS INSTITUTE

EIN: 411670163 501(c)(3) Health Care

MINNEAPOLIS, MN

Total Revenue
$52,624,063
Total Expenses
$53,409,525
Total Assets
$83,329,764
Net Assets
$77,820,251
🔒

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
1997
Legal Domicile
MN
Principal Officer
NICO P PRONK PHD
Phone
9528836584
Tax Period
2023-01-01 to 2023-12-31

HEALTHPARTNERS INSTITUTE, founded in 1997, is a mid-sized nonprofit in the Health Care sector that reported $52.6M in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion.

Mission

TO DISCOVER AND ACCELERATE THE USE OF KNOWLEDGE TO IMPROVE THE HEALTH AND HEALTHCARE OF OUR MEMBERS, PATIENTS, AND COMMUNITY.

Program Service Accomplishments

Program 1
Expenses: $37,444,067 Revenue: $43,686,596

I. CORPORATE STRUCTURE, PURPOSE, GOVERNANCE HEALTHPARTNERS INSTITUTE (THE INSTITUTE), FORMALLY KNOWN AS HEALTHPARTNERS INSTITUTE FOR EDUCATION & RESEARCH, IS A MINNESOTA NONPROFIT CORPORATION...

Read more

I. CORPORATE STRUCTURE, PURPOSE, GOVERNANCE HEALTHPARTNERS INSTITUTE (THE INSTITUTE), FORMALLY KNOWN AS HEALTHPARTNERS INSTITUTE FOR EDUCATION & RESEARCH, IS A MINNESOTA NONPROFIT CORPORATION RECOGNIZED AS EXEMPT FROM FEDERAL INCOME TAX UNDER INTERNAL REVENUE CODE ("IRC") SECTION 501(C)(3). IN 2016, PURSUANT TO A PLAN OF MERGER AND ARTICLES OF MERGER, PARK NICOLLET INSTITUTE, A MINNESOTA NONPROFIT CORPORATION, AND 501(C)(3) TAX EXEMPT ENTITY, MERGED INTO HEALTHPARTNERS RESEARCH & EDUCATION (DBA HEALTHPARTNERS INSTITUTE FOR EDUCATION AND RESEARCH), WITH HEALTHPARTNERS RESEARCH & EDUCATION AS THE SURVIVING CORPORATION. CONCURRENT WITH THE MERGER, WHICH WAS EFFECTIVE JANUARY 1, 2016, HEALTHPARTNERS INSTITUTE FOR EDUCATION & RESEARCH WAS RENAMED HEALTHPARTNERS INSTITUTE. THE INSTITUTE IS PART OF THE HEALTHPARTNERS ORGANIZATION "HEALTHPARTNERS." FOUNDED IN 1957, HEALTHPARTNERS IS AN INTEGRATED HEALTH CARE ORGANIZATION, PROVIDING HEALTH CARE SERVICES AND HEALTH PLAN FINANCING AND ADMINISTRATION. HEALTHPARTNERS' MISSION IS TO IMPROVE HEALTH AND WELL-BEING IN PARTNERSHIP WITH OUR MEMBERS, PATIENTS, AND COMMUNITY. HEALTHPARTNERS SEEKS TO TRANSFORM HEALTH CARE THROUGH A RELENTLESS FOCUS ON THE TRIPLE AIM - PROVIDING EXCEPTIONAL EXPERIENCE FOR THE INDIVIDUAL, IMPROVING THE HEALTH OF THE POPULATION, AND MAINTAINING AFFORDABILITY. HEALTHPARTNERS, INC. (HPI) IS A MINNESOTA NONPROFIT CORPORATION AND LICENSED HEALTH MAINTENANCE ORGANIZATION (HMO) RECOGNIZED AS EXEMPT FROM FEDERAL INCOME TAX UNDER INTERNAL REVENUE CODE (IRC) SECTION 501(C)(4) AND IS THE PARENT ENTITY OF HEALTHPARTNERS ORGANIZATIONS REFERRED TO COLLECTIVELY AS "HEALTHPARTNERS". HEALTHPARTNERS INCLUDES AN ARRAY OF TAX-EXEMPT AND TAXABLE ORGANIZATIONS. HEALTHPARTNERS PROVIDES A FULL RANGE OF HEALTH CARE DELIVERY AND HEALTH PLAN SERVICES INCLUDING INSURANCE, PATIENT CARE, ADMINISTRATION AND HEALTH AND WELL-BEING PROGRAMS. HEALTHPARTNERS HEALTH PLANS SERVE MORE THAN 1.8 MILLION MEDICAL AND DENTAL MEMBERS NATIONWIDE. HEALTHPARTNERS MEDICAL CARE SYSTEM INCLUDES MORE THAN 2,000 EMPLOYED PHYSICIANS AND DENTISTS, EIGHT OWNED HOSPITALS WITH OVER 1,000 ACUTE CARE BEDS, OVER 100 PRIMARY AND SPECIALTY CARE MEDICAL FACILITIES AND DENTAL FACILITIES WITH PRACTICES IN MINNESOTA AND WESTERN WISCONSIN SERVING MORE THAN 1.34 MILLION PATIENTS. HEALTHPARTNERS HEALTH PLANS CONTRACT WITH OTHER PRIMARY AND SPECIALTY MEDICAL FACILITIES AND DENTAL FACILITIES, PHYSICIAN GROUPS, HOSPITALS, AND RELATED HEALTHCARE PROVIDERS TO SERVE PLAN MEMBERS. HEALTHPARTNERS ALSO PROVIDES MEDICAL EDUCATION AND TRAINING TO MEDICAL PROFESSIONALS AND CONDUCTS RESEARCH AND FUNDRAISING ACTIVITIES THAT SUPPORT THE HEALTH CARE DELIVERY SYSTEM. HEALTHPARTNERS COLLABORATES WITH OTHER PLANS, CARE PROVIDERS AND OTHER COMMUNITY AND BUSINESS ORGANIZATIONS IN THE REGION AND THROUGHOUT THE NATION TO INCREASE ACCESS, CREATE AND SHARE QUALITY MEASURES AND INITIATIVES, PARTICIPATE IN DEVELOPMENT OF PUBLIC POLICY, AND COLLABORATE IN IMPROVEMENTS THAT SUPPORT THE TRIPLE AIM. AMONG HEALTHPARTNERS' SIGNATURE INITIATIVES ARE TOTAL COST OF CARE MEASUREMENTS (A NATIONALLY RECOGNIZED METRIC, ENABLING MEASUREMENT AND INCENTIVES BASED ON COORDINATION AND EVIDENCE-BASED PRACTICES), MENTAL HEALTH (REDUCING STIGMA, AND ASSURING ACCESS TO HIGH QUALITY CARE IN THE MOST APPROPRIATE SETTINGS), CHILDREN'S HEALTH (IMPROVING CHILD HEALTH BY PROMOTING EARLY BRAIN DEVELOPMENT, PROVIDING FAMILY CENTERED CARE, AND STRENGTHENING COMMUNITIES), EQUITY, INCLUSION, AND ANTI-RACISM (ADDRESSING HEALTH EQUITY, ELIMINATING HEALTH CARE DISPARITIES, INCREASING DIVERSITY AND INCLUSION IN OUR WORKPLACES, BUILDING AN ANTI-RACIST CULTURE, AND DEEPENING OUR COLLECTIVE UNDERSTANDING OF CULTURAL HUMILITY) AND SUSTAINABILITY (ENERGY EFFICIENCY, WASTE REDUCTION, AND RESOURCE MANAGEMENT). A COMPLETE LISTING OF ALL ORGANIZATIONS WITHIN HEALTHPARTNERS, AND THE RELATIONSHIP BETWEEN THEM, CAN BE FOUND ON SCHEDULE R WITHIN THIS 990 RETURN. DETAILED INFORMATION ABOUT THE COMMUNITY BENEFIT ACTIVITIES AND ACCOMPLISHMENTS OF EACH TAX-EXEMPT ORGANIZATION CAN BE FOUND IN THE INDIVIDUAL FORM 990 RETURN FOR THAT ORGANIZATION. HEALTHPARTNERS, INC. (HPI) IS THE PARENT ENTITY OF HEALTHPARTNERS AND IS A MINNESOTA NONPROFIT CORPORATION AND LICENSED HEALTH MAINTENANCE ORGANIZATION (HMO) RECOGNIZED AS EXEMPT FROM FEDERAL INCOME TAX UNDER IRC SECTION 501(C)(4) AND IS THE SOLE CORPORATE MEMBER OF THE INSTITUTE. THE INSTITUTE IS RECOGNIZED AS A PUBLIC CHARITY UNDER IRC SECTION 509(A)(3) AS A SUPPORTING ORGANIZATION OF HPI, GROUP HEALTH PLAN, INC. (GHI), A MINNESOTA NONPROFIT CORPORATION AND LICENSED STAFF MODEL HMO, REGIONS HOSPITAL (REGIONS), A MINNESOTA NONPROFIT CORPORATION AND LICENSED HOSPITAL, AND TO ALL OTHER 501(C)(3) TAX EXEMPT ENTITIES THAT ARE CONTROLLED DIRECTLY OR INDIRECTLY BY HPI. BOTH GHI AND REGIONS ARE RECOGNIZED AS EXEMPT FROM FEDERAL INCOME TAX UNDER IRC SECTION 501(C)(3). FOR INFORMATION ABOUT THE CHARITABLE AND COMMUNITY BENEFIT ACTIVITIES AND ACCOMPLISHMENTS OF THE INSTITUTE'S SUPPORTED ORGANIZATIONS, SEE THE FORM 990 ANNUAL FILINGS FOR EACH ENTITY. THE INSTITUTE WORKS WITH AND SUPPORTS CERTAIN ORGANIZATIONS RECOGNIZED AS EXEMPT FROM FEDERAL INCOME TAX UNDER IRC SECTION 501(C)(3) WITHIN HEALTHPARTNERS TO ACHIEVE THESE AIMS WITH MAXIMUM EFFICIENCY AND COLLABORATION. THE INSTITUTE'S MISSION IS "TO IMPROVE HEALTH AND WELL-BEING IN PARTNERSHIP WITH OUR MEMBERS, PATIENTS AND COMMUNITY." ITS VISION IS "HEALTH AS IT COULD BE, AFFORDABILITY AS IT MUST BE, THROUGH RELATIONSHIPS BUILT ON TRUST." THE INSTITUTE AND HEALTHPARTNERS WORK WITH HMOS, CARE PROVIDERS AND NONPROFIT ORGANIZATIONS THROUGHOUT THE REGION AND THE NATION TO INCREASE ACCESS FOR THE UNDERSERVED, CREATE AND DISSEMINATE RESEARCH AND CARE IMPROVEMENT INFORMATION, PARTICIPATE IN THE DEVELOPMENT OF PUBLIC POLICY AND MAXIMIZE SHARED RESOURCES FOR THE IMPROVEMENT OF THE HEALTH CARE SYSTEM AND THE COMMUNITY'S OVERALL HEALTH. THE INSTITUTE ALSO PROVIDES INFRASTRUCTURE AND RESOURCES TO SUPPORT RESEARCH AND CLINICAL QUALITY GOALS OF THE ORGANIZATION, WHICH INCLUDE THE FOLLOWING: NEEDS ASSESSMENT AND FEASIBILITY; MENTORING AND TRAINING; SCIENTIFIC AND HUMAN SUBJECTS REVIEW; REGULATORY COMPLIANCE AND REPORTING; GRANTS MANAGEMENT, INCLUDING APPLICATION PREPARATION AND SUBMISSION, CONTRACT AND AGREEMENT NEGOTIATION, FINANCE, BUDGET DEVELOPMENT AND IDENTIFICATION OF FUNDING SOURCES; PROTOCOL DEVELOPMENT AND RESEARCH DESIGN; MANUSCRIPT AND POSTER/PRESENTATION PREPARATION DATABASE DEVELOPMENT, DATA CLEANING, STATISTICS AND ANALYTICS, EVALUATION SERVICES, SURVEY REVIEW AND DESIGN, FOCUS GROUP FACILITATION; AND STUDY OPERATIONS SUPPORT, INCLUDING RECRUITMENT, CONSENTING, ENROLLING AND DATA COLLECTION/ENTRY. II. RESEARCH ACTIVITIES RESEARCH AT THE INSTITUTE IS DEDICATED TO IMPROVING HEALTH AND WELL-BEING FOR PATIENTS, MEMBERS AND THE COMMUNITY. IN 2023, INSTITUTE RESEARCHERS DISSEMINATED THE RESULTS OF THEIR RESEARCH BY PUBLISHING 450 ARTICLES, BOOKS AND BOOK CHAPTERS AND BY GIVING PAPER AND POSTER PRESENTATIONS AT NATIONAL AND INTERNATIONAL CONFERENCES. AN OVERVIEW OF RESEARCH FOCUS AREAS FOLLOWS. BEHAVIORAL HEALTH THE INSTITUTE'S BEHAVIORAL HEALTH RESEARCH PROGRAM IS A NATIONAL AND LOCAL MODEL FOR INTEGRATED RESEARCH AND PRACTICE. IT COLLABORATES IN STUDIES THAT GUIDE MAJOR IMPROVEMENTS IN BEHAVIORAL HEALTH CARE AND PLAYS A LEADERSHIP ROLE IN THE NATIONAL INSTITUTE OF MENTAL HEALTH-FUNDED MENTAL HEALTH RESEARCH NETWORK (MHRN). AREAS OF FOCUS INCLUDE PREDICTING AND PREVENTING SUICIDE; EVALUATING SMARTPHONE APPS FOR PEOPLE WITH DEPRESSION, ANXIETY OR BIPOLAR DISORDER; GUIDING PRIMARY CARE IN THE TREATMENT OF OPIOID USE DISORDER; IMPROVING DEPRESSION CARE IN PRIMARY CARE; AND OTHER MEDICAL CONDITIONS FOR PATIENTS WITH SERIOUS MENTAL ILLNESS. CARDIOVASCULAR HEALTH CARDIOVASCULAR DISEASE IS THE LEADING CAUSE OF DEATH GLOBALLY. RESEARCH TO IMPROVE CARDIOVASCULAR HEALTH IS CRITICAL FOR REDUCING THE HUMAN AND FINANCIAL TOLL ON OUR PATIENTS AND COMMUNITIES. OUR STUDIES IN CARDIOVASCULAR HEALTH INVOLVE MANY POPULATIONS INCLUDING CHILDREN, PREGNANT PEOPLE AND ADULTS. OUR CLINICAL STUDIES OF CARDIAC IMAGING, VALVULAR DISEASE AND CARDIAC ELECTROPHYSIOLOGY ARE INFORMING APPROACHES TO CARE. OUR HYPERTENSION RESEARCH PROGRAM IS ALSO WELL ESTABLISHED. WE HAVE PARTICIPATED IN SEVERAL LANDMARK MULTICENTER TRIALS FUNDED BY THE NATIONAL HEART, LUNG, AND BLOOD INSTITUTE TO UNDERSTAND RISK FACTORS AND OPTIMIZE TREATMENT FOR HYPERTENSION. WITH NEARLY HALF OF ADULTS LIVING WITH HYPERTENSION, INNOVATIVE APPROACHES TO IDENTIFY AND TREAT HYPERTENSION, SUCH AS THROUGH REMOTE BLOOD PRESSURE MONITORING, ARE CRITICAL.

🔒

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 $4,625,566
Program Service Revenue $44,311,500
Investment Income $3,686,997
Other Revenue $0
TOTAL REVENUE $52,624,063

Expense Breakdown

Grants Paid $16,083
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $37,444,067
Other Expenses $53,393,442
TOTAL EXPENSES $53,409,525

Year-over-Year Comparison

2023 2022 Change
Revenue $52,624,063 $46,063,276 +0.1%
Expenses $53,409,525 $46,056,238 +0.2%
Net Income $-785,462 $7,038 -112.6%
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
13
Independent Members
6
Employees
N/A
Volunteers
17

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
6
$3,555,729
Total Directors
14
$4,867,158
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BILL DOHERTY PHD DIRECTOR 1.00
Director
$0 $0 $0
SUSAN CULICAN DIRECTOR 1.00
Director
$0 $0 $0
TASHA M GASTONY PA DIRECTOR 1.00
Director
$0 $63,096 $321,925
DENIS CLOHISY MD DIRECTOR 1.00
Director
$0 $0 $0
DAVID LAGERSTROM DIRECTOR & CHAIR 1.50
Officer Director
$0 $0 $0
GLEN GUNDERSON DIRECTOR 1.00
Director
$0 $0 $0
BRET C HAAKE MD DIRECTOR 1.00
Director
$0 $113,054 $843,622
CARA M HULL DIRECTOR 1.00
Director
$0 $69,580 $660,219
NICO P PRONK PHD DIRECTOR & PRESIDENT 42.00
Officer Director
$0 $141,287 $654,030
STEVEN JACKSON MD DIRECTOR 1.00
Director
$0 $62,084 $535,609
PAHOUA YANG PHD DIRECTOR 1.00
Director
$0 $0 $0
VIRGINIA L KAKACEK MD DIRECTOR & VICE CHAIR (JULY-DEC) 1.00
Officer Director
$0 $77,058 $594,232
ALITA RISINGER DIRECTOR & CFO & TREASURER 1.00
Officer Director
$0 $112,052 $686,286
PATRICK T COURNEYA DIRECTOR & VICE CHAIR (JAN-JUNE) 0.50
Officer Director
$0 $76,938 $571,235
NANCY L EVERT BRD SCTRY - GNRL COUNSEL 1.00
Officer
$0 $238,674 $1,049,946
HEIDI G CONRAD FORMER CFO 0.00
$0 $46,240 $226,148
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 $52,624,063 $53,409,525 $83,329,764 $-785,462
2022 $46,063,276 $46,056,238 $78,221,973 $7,038
2021 $47,741,048 $41,701,223 $92,324,263 $6,039,825
2020 $45,559,758 $41,224,719 $85,408,406 $4,335,039
2019 $46,592,529 $45,421,997 $75,133,860 $1,170,532
2018 $44,204,721 $44,542,523 $65,793,098 $-337,802
Explore More Nonprofits
Top 100 Nonprofits in Minnesota Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare HEALTHPARTNERS INSTITUTE with other nonprofits in Minnesota and across the country.