SIBLEY MEDICAL CENTER

EIN: 411801967 501(c)(3) Philanthropy & Grantmaking

ARLINGTON, MN

Total Revenue
$24,988,297
Total Expenses
$18,524,630
Total Assets
$40,670,535
Net Assets
$37,241,463
🔒

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
1948
Legal Domicile
MN
Principal Officer
MICHAEL PHELPS
Phone
5079642271
Tax Period
2024-01-01 to 2024-12-31

SIBLEY MEDICAL CENTER, founded in 1948, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $25.0M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $6.5M, a strong 26% operating margin.

Mission

RIDGEVIEW SIBLEY MEDICAL CENTER EXISTS TO ENHANCE THE LIFELONG HEALTH OF THE PEOPLE WE SERVE WITH A CULTURE THAT NURTURES THE WHOLE PERSON - MIND, BODY AND SPIRIT.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $153,688
Program Service Revenue $22,364,500
Investment Income $2,191,533
Other Revenue $278,576
TOTAL REVENUE $24,988,297

Expense Breakdown

Grants Paid $2,560
Salaries & Benefits $8,635,950
Fundraising Expenses $0
Program Expenses $13,535,903
Other Expenses $9,886,120
TOTAL EXPENSES $18,524,630

Year-over-Year Comparison

2024 2023 Change
Revenue $24,988,297 $22,461,447 +0.1%
Expenses $18,524,630 $17,425,512 +0.1%
Net Income $6,463,667 $5,035,935 +0.3%
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
8
Independent Members
8
Employees
116
Volunteers
N/A

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
7
$2,598,606
Total Directors
9
$16,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFF NELSON BOARD MEMBER 0.40
Director
$1,200 $0 $7,400
LISA PFARR BOARD CHAIR 0.40
Officer Director
$1,800 $0 $1,800
DEE THOMAS TREASURER 0.40
Officer Director
$1,200 $0 $1,200
DIANE BIAS-MOSEL SECRETARY 0.40
Officer Director
$1,200 $0 $1,200
TIMOTHY DOLAN BOARD MEMBER (LEFT IN JAN 2024) 0.40
Director
$0 $0 $0
JAMES KREFT BOARD MEMBER 0.40
Director
$1,200 $0 $1,200
NANCY MATHWIG BOARD MEMBER 0.40
Director
$1,200 $0 $1,200
BERTHA WOEHLER BOARD MEMBER 0.40
Director
$1,200 $0 $1,200
KELLY PIERSON BOARD MEMBER 0.40
Director
$800 $0 $800
MICHAEL PHELPS PRESIDENT/CEO 2.00
Officer
$0 $93,249 $1,224,841
GORDON GABLENZ CIO (LEFT IN JAN 2024) 4.00
Officer
$0 $8,847 $94,865
AARON BLOOMQUIST CFO 4.00
Officer
$0 $72,054 $895,572
BENJAMIN NIELSEN COO 1.00
Officer
$0 $19,477 $379,128
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 $24,988,297 $18,524,630 $40,670,535 $6,463,667
2023 $22,461,447 $17,425,512 $34,129,123 $5,035,935
2022 $20,547,566 $15,460,876 $30,969,790 $5,086,690
2021 $18,300,359 $14,602,693 $31,684,088 $3,697,666
2020 $15,157,229 $13,304,112 $24,658,526 $1,853,117
2019 $14,410,707 $14,258,676 $20,079,851 $152,031
2018 $15,599,536 $14,833,230 $21,953,261 $766,306
Explore More Nonprofits
→Top 100 Nonprofits in Minnesota →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare SIBLEY MEDICAL CENTER 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.