MBP FACILITY LLC

EIN: 454078371 501(c)(3) Health Care

MINNEAPOLIS, MN

Total Revenue
N/A
Total Expenses
$1,827,089
Total Assets
$29,713,338
Net Assets
$29,713,338
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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
2010
Legal Domicile
MN
Principal Officer
DAVID JOOS
Phone
6122620660
Tax Period
2023-01-01 to 2023-12-31

Mission

MBP FACILITY, LLC IS ORGANIZED AND OPERATED EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF ALLINA HEALTH SYSTEM AND CHILDREN'S HEALTH CARE (MEMBERS), EACH A MINNESOTA NONPROFIT CORPORATION THAT IS DESCRIBED IN SECTIONS 501(C)(3) AND 509(A)(1) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED. SUBSTANTIALLY ALL OF THE COMPANY'S ACTIVITIES CONSIST OF LEASING OR HOLDING TITLE TO AND MANAGING PROPERTY USED BY THE MEMBERS IN FURTHERANCE OF THEIR EXEMPT PURPOSE OF PROVIDING HEALTH CARE SERVICES.

Program Service Accomplishments

Program 1
Expenses: $1,827,089

MBP FACILITY, LLC PROVIDES A FACILITY FOR AN INTEGRATED MOTHER-BABY JOINT VENTURE ACROSS TWO NON-PROFIT TAX EXEMPT HEALTH CARE SYSTEMS. THE FACILITY INTEGRATES ALLINA HEALTH SYSTEM'S ABBOTT...

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MBP FACILITY, LLC PROVIDES A FACILITY FOR AN INTEGRATED MOTHER-BABY JOINT VENTURE ACROSS TWO NON-PROFIT TAX EXEMPT HEALTH CARE SYSTEMS. THE FACILITY INTEGRATES ALLINA HEALTH SYSTEM'S ABBOTT NORTHWESTERN HOSPITAL MATERNAL ASSESSMENT, LABOR AND DELIVERY, ANTEPARTUM AND POSTPARTUM UNITS, AND NEWBORN AND SPECIAL CARE NURSERIES WITH CHILDRENS HEALTH CARE'S INTENSIVE CARE UNITS. THE MOTHER-BABY CENTER PROVIDES FOR CENTRALIZATION OF SERVICES AND COORDINATED CARE FOR OUR PATIENTS.

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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 $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,827,089
Other Expenses $1,827,089
TOTAL EXPENSES $1,827,089

Year-over-Year Comparison

2023 2022 Change
Revenue N/A N/A N/A
Expenses $1,827,089 $1,952,474 -0.1%
Net Income N/A $-1,952,474 N/A
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
2
Independent Members
N/A
Employees
N/A
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
2
$2,981,299
Total Directors
2
$2,981,299
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARC GORELICK MD GOVERNOR/TREASURER 1.00
Officer Director
$0 $356,578 $2,089,090
DAVID JOOS GOVERNOR 1.00
Officer Director
$0 $144,528 $892,209
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 No data $1,827,089 $29,713,338 No data
2022 No data $1,952,474 $31,540,427 No data
2021 No data $1,964,222 $33,492,901 No data
2020 No data $2,017,354 $35,457,123 No data
2019 No data $2,017,138 $37,471,487 No data
2018 No data $2,021,922 $39,488,625 No data
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