PORTICO HEALTHNET

EIN: 411814659 501(c)(3) Health Care

MINNEAPOLIS, MN

Total Revenue
$2,970,318
Total Expenses
$3,048,404
Total Assets
$973,249
Net Assets
$862,136
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
MN
Principal Officer
STEPHANIE RADTKE
Phone
6514892273
Tax Period
2025-01-01 to 2025-12-31

PORTICO HEALTHNET, founded in 2000, is a community nonprofit in the Health Care sector that reported $3.0M in total revenue in fiscal year 2025. Revenue decreased 11% compared to the prior year.

Mission

PORTICO HEALTHNET ADVANCES EQUITABLE ACCESS TO HEALTH COVERAGE FOR ALL MINNESOTANS.

Program Service Accomplishments

Program 1
Expenses: $2,512,941 Revenue: $1,352,144

OUTREACH AND ENROLLMENT ASSISTANCE/CERTIFIED NAVIGATOR PROGRAM: SINCE 1995, PORTICO HAS OFFERED HEALTH INSURANCE ELIGIBILITY SCREENING; PERSONALIZED APPLICATION AND ENROLLMENT ASSISTANCE; AND...

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OUTREACH AND ENROLLMENT ASSISTANCE/CERTIFIED NAVIGATOR PROGRAM: SINCE 1995, PORTICO HAS OFFERED HEALTH INSURANCE ELIGIBILITY SCREENING; PERSONALIZED APPLICATION AND ENROLLMENT ASSISTANCE; AND CONNECTION TO COMMUNITY RESOURCES. PORTICO'S CERTIFIED MNSURE NAVIGATORS STAY WITH CLIENTS FROM THE BEGINNING OF THE APPLICATION UNTIL THEY ARE SUCCESSFULLY ENROLLED, ADVOCATING FOR THEM WITH COUNTY AND STATE AGENCIES WHEN NEEDED, AND PROVIDING TRANSLATION AND INTERPRETER SERVICES. PORTICO PARTNERS WITH COUNTIES, FOOD SHELVES, SCHOOLS, WORKFORCE CENTERS, AND OTHER SOCIAL SERVICE ORGANIZATIONS TO REACH OUT TO CLIENTS WHO MAY NEED OUR HELP AND TO REFER CLIENTS TO SERVICES. ANNUALLY, PORTICO SCREENS OVER 11,000 UNINSURED AND UNDERINSURED INDIVIDUALS FOR ELIGIBILITY UNDER VARIOUS HEALTH CARE COVERAGE OPTIONS AND ASSISTS WITH APPLICATIONS FOR MEDICAL ASSISTANCE, MINNESOTACARE AND OTHER STATE-FUNDED PUBLIC ASSISTANCE PROGRAMS. ADDITIONALLY, PORTICO PROVIDES MORE THAN 1,500 REFERRALS TO MEDICAL CLINICS, DENTAL CLINICS AND OTHER COMMUNITY RESOURCES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $1,613,920
Program Service Revenue $1,352,144
Investment Income $17,206
Other Revenue $-12,952
TOTAL REVENUE $2,970,318

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,524,324
Fundraising Expenses $181,402
Program Expenses $2,512,941
Other Expenses $524,080
TOTAL EXPENSES $3,048,404

Year-over-Year Comparison

2025 2024 Change
Revenue $2,970,318 $3,332,660 -0.1%
Expenses $3,048,404 $3,223,951 -0.1%
Net Income $-78,086 $108,709 -1.7%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
13
Independent Members
12
Employees
39
Volunteers
12

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
5
$211,402
Total Directors
13
$211,402
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEPHANIE RADTKE PRESIDENT 40.00
Officer Director
$178,923 $32,479 $211,402
MOLLY MCCORMICK COO 40.00
Highest
$128,421 $5,639 $134,060
GHITA WORCESTER CHAIR 2.00
Officer Director
$0 $0 $0
DANA ERICKSON VICE CHAIR 2.00
Officer Director
$0 $0 $0
RICHARD MAGNUSON TREASURER 2.00
Officer Director
$0 $0 $0
TOBI TANZER GOVERNANCE C 2.00
Officer Director
$0 $0 $0
KIMBERLY PARRISH BOARD MEMBER 1.00
Director
$0 $0 $0
JULIE SONIER BOARD MEMBER 1.00
Director
$0 $0 $0
JUVENTINO MEZA BOARD MEMBER 1.00
Director
$0 $0 $0
ANA POTTRATZ ACOSTA BOARD MEMBER 1.00
Director
$0 $0 $0
STEPHANIE SCHWARTZ BOARD MEMBER 1.00
Director
$0 $0 $0
CONSUELO HUMPAL BOD MEMBER B 1.00
Director
$0 $0 $0
ELIZABETH LUKANEN BOD MEMBER B 1.00
Director
$0 $0 $0
PLEASANT RADFORD JR BOD MEMBER B 1.00
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 $2,970,318 $3,048,404 $973,249 $-78,086
2024 $3,332,660 $3,223,951 $1,153,091 $108,709
2023 $2,715,620 $2,848,971 $979,034 $-133,351
2022 $2,068,909 $2,142,078 $1,120,252 $-73,169
2021 $2,286,158 $2,025,669 $1,170,975 $260,489
2020 $1,794,227 $2,060,325 $1,036,978 $-266,098
2019 $2,174,313 $2,186,707 $1,036,536 $-12,394
2018 $2,695,598 $2,905,282 $1,246,799 $-209,684
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