SANDSTONE, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)PINE MEDICAL CENTER, founded in 1997, is a mid-sized nonprofit in the Health Care sector that reported $26.0M in total revenue in fiscal year 2024.
WE ARE CALLED TO MAKE A HEALTHY DIFFERENCE IN PEOPLE'S LIVES.
PINE MEDICAL CENTER, DBA ESSENTIA HEALTH SANDSTONE, IS CREATED AND ORGANIZED EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, EDUCATIONAL, AND SCIENTIFIC PURPOSES. MORE SPECIFICALLY, ESSENTIA HEALTH SANDSTONE...
PINE MEDICAL CENTER, DBA ESSENTIA HEALTH SANDSTONE, IS CREATED AND ORGANIZED EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, EDUCATIONAL, AND SCIENTIFIC PURPOSES. MORE SPECIFICALLY, ESSENTIA HEALTH SANDSTONE SHALL OWN, MAINTAIN, OPERATE AND CONDUCT HEALTH CARE AND RELATED ACTIVITIES AND FACILITIES FOR THE PROMOTION OF HEALTH WITHIN ITS COMMUNITY, INCLUDING CHARITABLE CARE TO PERSONS UNABLE TO PAY.ESSENTIA HEALTH SANDSTONE HAS A CRITICAL ACCESS HOSPITAL WITH 25 LICENSED BEDS, MULTI-SPECIALTY CLINIC, AND URGENT CARE CLINIC SERVING PINE COUNTY. THE HOSPITAL IS A LEVEL IV TRAUMA CENTER AND AN ACUTE STROKE READY HOSPITAL. IT OFFERS EMERGENCY CARE 24 HOURS A DAY. ESSENTIA HEALTH SANDSTONE OFFERS INPATIENT AND OUTPATIENT SERVICES INCLUDING IMAGING/RADIOLOGY, LAB, SURGERY, AND REHABILITATION.ESSENTIA HEALTH SANDSTONE EMPLOYS APPROXIMATELY 80 FULL TIME EQUIVALENTS. THE HOSPITAL PROVIDED OVER 1,000 HOSPITAL PATIENT DAYS AND 12,000 OUTPATIENT VISITS DURING THE FISCAL YEAR ENDED JUNE 30, 2025. THE CLINICS HAD OVER 4,000 ENCOUNTERS DURING THE SAME TIME PERIOD.DURING THE FISCAL YEAR ENDED JUNE 30, 2025, ESSENTIA HEALTH SANDSTONE PROVIDED THE FOLLOWING COMMUNITY BENEFITS: $434,000 IN CHARITY CARE, $1.4 MILLION COSTS IN EXCESS OF MEDICAID PAYMENTS, AND $22,000 IN COMMUNITY SERVICES.ESSENTIA HEALTH IS THE PARENT ORGANIZATION OF AN INTEGRATED HEALTH SYSTEM THAT INCLUDES THIS ORGANIZATION AND ALL ENTITIES THAT ARE OWNED OR CONTROLLED, DIRECTLY OR INDIRECTLY, BY ESSENTIA HEALTH (COLLECTIVELY, THE "SYSTEM OR "ESSENTIA HEALTH").
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $26,025,354 | $25,084,648 | +0.0% |
| Expenses | $26,729,917 | $23,625,158 | +0.1% |
| Net Income | $-704,563 | $1,459,490 | -1.5% |
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 |
|---|---|---|---|---|---|---|
| TRACI MORRIS | TREASURER/REL ORG CHIEF FINCL OFF | 1.00 |
Officer
|
$0 | $144,686 | $1,199,416 |
| MICHAEL WATTERS | SECRETARY/REL ORG CHIEF LEGAL OFF | 1.00 |
Officer
|
$0 | $151,399 | $924,527 |
| TROY DUININCK MD | BD DIRECTOR/REL ORG PHYS & DIV CHAIR | 0.10 |
Director
|
$0 | $69,761 | $617,667 |
| ADAM RIUTTA MD | ASSOCIATE CHIEF MEDICAL OFFICER | 1.00 |
Key Emp
|
$0 | $70,110 | $586,265 |
| TODD DEFREECE | SENIOR VICE PRESIDENT, OPERATIONS | 1.00 |
Key Emp
|
$0 | $117,001 | $529,660 |
| JAN BALDWIN MD | BOARD DIRECTOR/RELATED ORG PHYSICIAN | 0.10 |
Director
|
$0 | $50,172 | $308,234 |
| JOSHUA SENGER | FINANCE DIRECTOR | 1.00 |
Officer
|
$0 | $11,578 | $235,556 |
| SAM BARNEY | ADMINISTRATOR | 1.00 |
Officer
|
$0 | $41,026 | $216,081 |
| MICHELLE PROSKA | NURSE PRACTITIONER | 60.00 |
Highest
|
$175,116 | $22,904 | $209,960 |
| GINA ROTH | PHARMACY SITE SUPERVISOR | 60.00 |
Highest
|
$154,407 | $51,009 | $205,416 |
| SHANNON SNYDER | NURSING DIRECTOR II | 1.00 |
Key Emp
|
$0 | $45,923 | $201,432 |
| MICHAEL LARSON | FORMER SENIOR VP, OPERATIONS | 0.00 |
|
$0 | $0 | $163,836 |
| ALEATHEA ANDERSON | PHYSICIAN ASSISTANT | 60.00 |
Highest
|
$125,729 | $30,464 | $156,193 |
| KIM WESSEL | REGISTERED NURSE - SUPERVISOR | 60.00 |
Highest
|
$124,976 | $6,848 | $131,824 |
| THOMAS WITT MD | FORMER ADMINISTRATOR | 0.00 |
|
$0 | $8,106 | $115,820 |
| SHELBY THORP | DIAGNOSTIC IMAGING SUPERVISOR | 60.00 |
Highest
|
$105,257 | $6,992 | $112,249 |
| JOSEPH MIHALEK | BOARD CHAIR THRU 12/24 | 0.10 |
Officer
Director
|
$0 | $0 | $7,800 |
| THOMAS JAMAR | BOARD VICE CHAIR | 0.10 |
Officer
Director
|
$0 | $0 | $6,600 |
| ALAN ROCK | BOARD DIRECTOR THRU 12/24 | 0.10 |
Director
|
$0 | $0 | $6,000 |
| GEORGE LOBAN | BOARD DIRECTOR | 0.10 |
Director
|
$0 | $0 | $5,600 |
| ANTHONY SERTICH | BOARD CHAIR | 0.10 |
Officer
Director
|
$0 | $0 | $5,400 |
| AMY BERGSTROM | BOARD DIRECTOR | 0.10 |
Director
|
$0 | $0 | $5,000 |
| ANTHONY YUNG | BOARD DIRECTOR | 0.10 |
Director
|
$0 | $0 | $3,600 |
| ADAM BACHAND | BOARD DIRECTOR | 0.10 |
Director
|
$0 | $0 | $0 |
| BECKY URBANSKI | BOARD DIRECTOR | 0.10 |
Director
|
$0 | $0 | $0 |
| NANCY ARONSON NORR | BOARD DIRECTOR | 0.10 |
Director
|
$0 | $0 | $0 |
| SISTER BEVERLY RAWAY | BOARD DIRECTOR | 0.10 |
Director
|
$0 | $0 | $0 |
| SISTER JEANNE ANN WEBER | BOARD DIRECTOR | 0.10 |
Director
|
$0 | $0 | $0 |
| SISTER THERESE CARSON | BOARD DIRECTOR THRU 12/24 | 0.10 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $26,025,354 | $26,729,917 | $35,275,237 | $-704,563 |
| 2024 | No data | No data | No data | No data |
| 2023 | $23,447,791 | $22,331,162 | $31,321,611 | $1,116,629 |
| 2022 | $22,615,504 | $20,810,396 | $31,875,564 | $1,805,108 |
| 2021 | $22,145,209 | $20,258,655 | $36,442,928 | $1,886,554 |
| 2020 | $23,435,678 | $22,376,940 | $36,135,250 | $1,058,738 |
| 2019 | $21,766,084 | $22,133,565 | $27,901,417 | $-367,481 |
| 2018 | $20,611,802 | $21,844,058 | $28,289,063 | $-1,232,256 |
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