CENTRACARE HEALTH SYSTEM - LONG PRAIRIE

EIN: 411924645 501(c)(3) Health Care

LONG PRAIRIE, MN

Total Revenue
$37,157,747
Total Expenses
$36,100,014
Total Assets
$44,766,923
Net Assets
$16,704,649
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
MN
Principal Officer
DR KENNETH D HOLMEN
Phone
3207322141
Tax Period
2023-07-01 to 2024-06-30

CENTRACARE HEALTH SYSTEM - LONG PRAIRIE, founded in 1999, is a mid-sized nonprofit in the Health Care sector that reported $37.2M in total revenue in fiscal year 2023. Revenue decreased 10% compared to the prior year.

Mission

WE'RE HERE FOR YOUR WHOLE LIFE TO LISTEN, THEN SERVE, TO GUIDE AND HEAL BECAUSE HEALTH MEANS EVERYTHING.

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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 (2023)

Revenue Breakdown

Contributions & Grants $133,799
Program Service Revenue $36,090,800
Investment Income $342,162
Other Revenue $590,986
TOTAL REVENUE $37,157,747

Expense Breakdown

Grants Paid $11,362
Salaries & Benefits $20,085,434
Fundraising Expenses $0
Program Expenses $29,796,305
Other Expenses $16,003,218
TOTAL EXPENSES $36,100,014

Year-over-Year Comparison

2023 2022 Change
Revenue $37,157,747 $41,350,232 -0.1%
Expenses $36,100,014 $40,660,224 -0.1%
Net Income $1,057,733 $690,008 +0.5%
Key Indicators
✗ Grants to Organizations ✓ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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

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Governance

Voting Members
14
Independent Members
8
Employees
N/A
Volunteers
41

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
$3,968,198
Total Directors
14
$3,591,466
Key Employees
2
$983,361
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KENNETH HOLMEN PRESIDENT/CEO 6.50
Officer Director
$0 $74,447 $1,629,374
CHRISTIAN SCHMIDT DIRECTOR 0.25
Director
$0 $82,227 $579,241
BRYAN ROLPH DIRECTOR 0.25
Director
$0 $39,024 $574,401
RICHARD WEHSELER DIRECTOR 0.25
Director
$0 $59,114 $438,145
BOBBIE BERTRAM DIRECTOR 0.25
Director
$0 $57,377 $274,805
DAVID ANFINSON CHAIR 0.25
Officer Director
$0 $0 $33,000
TIM WENSMAN DIRECTOR 0.25
Director
$0 $0 $12,500
JEFF GAU DIRECTOR 0.25
Director
$0 $0 $12,000
MICHELLE JOHNSON DIRECTOR 0.25
Director
$0 $0 $10,000
RENEE FRAUENDIENST DIRECTOR 0.25
Director
$0 $0 $10,000
DAN ABDUL DIRECTOR 0.25
Director
$0 $0 $8,000
JAMES HEBL DIRECTOR 0.25
Director
$0 $0 $6,000
CARRIE HENNING-SMITH DIRECTOR 0.25
Director
$0 $0 $4,000
FATHER TOM KNOBLACH DIRECTOR 0.25
Director
$0 $0 $0
JOY PLAMANN CHIEF OPERATING OFFICER/SR VP 6.50
Officer
$0 $49,364 $850,456
MICHAEL BLAIR CHIEF FINANCIAL OFFICER/SR VP/ TREASURER 6.50
Officer
$0 $79,410 $834,305
SANTO CRUZ CHIEF LEGAL OFFICER/SR VP/ SECRETARY 6.50
Officer
$0 $53,699 $621,063
AMY PORWOLL CHIEF INFORMATION SYSTEM OFFICER/SR VP 8.00
Key Emp
$0 $63,189 $577,275
ANTHONY GARDNER CHIEF MARKETING & COMMUNICATIONS OFFICER/SR VP 8.00
Key Emp
$0 $45,575 $406,086
SAMUEL BURNS PHYSICIAN 40.00
Highest
$0 $52,519 $458,403
STEVEN FUGLESTAD PHYSICIAN 40.00
Highest
$0 $51,291 $408,451
CYBILL ORAGWU PHYSICIAN 40.00
Highest
$0 $48,772 $393,171
RENE ELDIDY PHYSICIAN 40.00
Highest
$0 $77,429 $383,523
DARON GERSCH PHYSICIAN 40.00
Highest
$0 $50,203 $309,880
CINDY SMITH FORMER KEY EMPLOYEE 0.00
$0 $78,002 $794,393
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 No data No data No data No data
2024 $37,157,747 $36,100,014 $44,766,923 $1,057,733
2023 $41,350,232 $40,660,224 $48,575,937 $690,008
2022 $45,239,334 $46,062,995 $57,443,957 $-823,661
2021 $40,776,847 $43,408,646 $62,306,209 $-2,631,799
2020 $42,092,408 $40,770,046 $61,590,751 $1,322,362
2019 $38,585,904 $40,139,977 $61,531,480 $-1,554,073
2019 $38,585,904 $40,139,977 $61,531,480 $-1,554,073
2018 $37,328,332 $37,811,548 $59,961,772 $-483,216
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