PARK NICOLLET GROUP RETURN

EIN: 455023260 501(c)(3)

ST LOUIS PARK, MN

Total Revenue
$2,192,407,935
Total Expenses
$2,119,364,377
Total Assets
$1,640,149,605
Net Assets
$1,221,810,054
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Organization Details

Legal Domicile
MN
Principal Officer
ALITA R RISINGER
Phone
9528837124
Tax Period
2024-01-01 to 2024-12-31

PARK NICOLLET GROUP RETURN is a large national nonprofit that reported $2.2B in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $2.1B left a modest 3% surplus.

Mission

TO IMPROVE HEALTH AND WELL-BEING IN PARTNERSHIP WITH OUR MEMBERS, PATIENTS AND COMMUNITY.

Program Service Accomplishments

Program 1
Expenses: $1,910,382,914 Revenue: $2,149,407,557

CORPORATE STRUCTURE, PURPOSE, GOVERNANCE THE PARK NICOLLET GROUP RETURN (GROUP) INCLUDES THE FOLLOWING ORGANIZATIONS (COLLECTIVELY REFERRED TO AS PARK NICOLLET): PARK NICOLLET METHODIST HOSPITAL...

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CORPORATE STRUCTURE, PURPOSE, GOVERNANCE THE PARK NICOLLET GROUP RETURN (GROUP) INCLUDES THE FOLLOWING ORGANIZATIONS (COLLECTIVELY REFERRED TO AS PARK NICOLLET): PARK NICOLLET METHODIST HOSPITAL (METHODIST), PARK NICOLLET CLINIC (PNC), PARK NICOLLET HEALTH CARE PRODUCTS (PNHCP), AND PNMC HOLDINGS ALL OF WHICH ARE SUBSIDIARIES OF PARK NICOLLET HEALTH SERVICE. EACH OF THESE ORGANIZATIONS ARE MINNESOTA NONPROFIT CORPORATIONS RECOGNIZED AS EXEMPT FROM FEDERAL INCOME TAX UNDER INTERNAL REVENUE CODE ("IRC") SECTION 501(C)(3) AND ARE PART OF THE HEALTHPARTNERS ORGANIZATION REFERRED COLLECTIVELY AS "HEALTHPARTNERS". FOUNDED IN 1957, HEALTHPARTNERS IS AN INTEGRATED HEALTH CARE ORGANIZATION, PROVIDING HEALTH CARE SERVICES AND HEALTH PLAN FINANCING AND ADMINISTRATION. HEALTHPARTNERS' MISSION IS TO IMPROVE HEALTH AND WELL-BEING IN PARTNERSHIP WITH OUR MEMBERS, PATIENTS, AND COMMUNITY. HEALTHPARTNERS SEEKS TO TRANSFORM HEALTH CARE THROUGH A RELENTLESS FOCUS ON THE TRIPLE AIM - PROVIDING EXCEPTIONAL EXPERIENCE FOR THE INDIVIDUAL, IMPROVING THE HEALTH OF THE POPULATION, AND MAINTAINING AFFORDABILITY. HEALTHPARTNERS, INC. (HPI) IS A MINNESOTA NONPROFIT CORPORATION AND LICENSED HEALTH MAINTENANCE ORGANIZATION (HMO) RECOGNIZED AS EXEMPT FROM FEDERAL INCOME TAX UNDER INTERNAL REVENUE CODE (IRC) SECTION 501(C)(4) AND IS THE PARENT ENTITY OF HEALTHPARTNERS. HEALTHPARTNERS INCLUDES AN ARRAY OF TAX-EXEMPT AND TAXABLE ORGANIZATIONS. A COMPLETE LISTING OF ALL ORGANIZATIONS WITHIN HEALTHPARTNERS AND PARK NICOLLET, AND THE RELATIONSHIP BETWEEN THEM, CAN BE FOUND ON SCHEDULE R WITHIN THIS 990 RETURN. DETAILED INFORMATION ABOUT THE COMMUNITY BENEFIT ACTIVITIES AND ACCOMPLISHMENTS OF EACH TAX-EXEMPT ORGANIZATION CAN BE FOUND IN THE INDIVIDUAL FORM 990 RETURN FOR THAT ORGANIZATION. PARK NICOLLET CARES FOR PATIENTS AT MORE THAN 30 LOCATIONS IN THE TWIN CITIES AREA. THESE INCLUDE PRIMARY AND SPECIALTY CARE CLINICS AND HOSPITALS. WITHIN PARK NICOLLET ARE SEVERAL NATIONALLY RENOWNED SPECIALTY CARE FACILITIES: PARK NICOLLET'S BARIATRIC SURGERY & WEIGHT CENTER HAS BEEN HELPING PATIENTS ACHIEVE THEIR WEIGHT LOSS GOALS FOR MORE THAN 40 YEARS AND HAS BEEN NATIONALLY RECOGNIZED AS A COMPREHENSIVE CENTER BY THE METABOLIC AND BARIATRIC SURGERY ACCREDITATION AND QUALITY IMPROVEMENT PROGRAM (MBSAQIP). PARK NICOLLET'S FRAUENSHUH CANCER CENTER OFFERS A FULL RANGE OF SERVICES AND STATE-OF-THE-ART TECHNOLOGY TO FIGHT CANCER, INCLUDING SURGERY, CHEMOTHERAPY AND RADIATION THERAPY. CANCER CARE AND TREATMENT IS PERSONALIZED FOR EACH PATIENT. FAMILIES AND PATIENTS CAN BENEFIT FROM SERVICES, INCLUDING PSYCHOTHERAPY, SUPPORT AND EDUCATION, ALL IN THE PATIENT'S ROOM AND IN ONE LOCATION. PARK NICOLLET'S HEART AND VASCULAR CENTER OFFERS EXTENSIVE CARDIOVASCULAR SERVICES AND PROCEDURES CENTERED ON THE PATIENT. THE CENTER PROVIDES AROUND-THE-CLOCK SUPPORT FROM A HIGHLY SPECIALIZED TEAM USING THE LATEST INNOVATIONS, ALL IN A PEACEFUL ENVIRONMENT DESIGNED FOR COMFORT AND HEALING. PARK NICOLLET'S TEAM-BASED APPROACH DRAWS FROM SPECIALISTS IN CARDIOLOGY, RADIOLOGY, NEUROLOGY, SURGERY, PHYSIOLOGY, REHABILITATION AND MORE. THAT MEANS PARK NICOLLET CAN OFFER COMPREHENSIVE AND COORDINATED CARE FOR ALL HEART AND VASCULAR CONDITIONS. PARK NICOLLET JANE BRATTAIN BREAST CENTER OFFERS COMPREHENSIVE BREAST HEALTH SERVICES TO ALL WOMEN AT ALL LIFE STAGES. OUR TEAM OF EXPERTS IS CONNECTED TO OUR TEAM OF ONCOLOGISTS, SURGEONS AND OTHER SPECIALISTS. WE USE THE LATEST TECHNOLOGIES, INCLUDING 3D MAMMOGRAMS. PARK NICOLLET MELROSE CENTER HAS PROVIDED COMPASSIONATE, EXPERT CARE FOR ALL TYPES OF EATING DISORDERS FOR PEOPLE OF EVERY AGE AND GENDER FOR OVER 35 YEARS. PARK NICOLLET HAS HELPED GUIDE THOUSANDS OF PEOPLE TOWARD RECOVERY USING EVIDENCE-BASED TREATMENT. THIS MEANS THAT PARK NICOLLET HAS BASES THE PROGRAMS ON THE LATEST RESEARCH AND TREATMENTS. PARK NICOLLET STRUTHERS PARKINSON'S CENTER IS DEDICATED TO PROVIDING COMPREHENSIVE ASSESSMENT, TREATMENT, SUPPORT, EDUCATION AND RESEARCH TO IMPROVE THE QUALITY OF LIFE OF PEOPLE AFFECTED BY PARKINSON'S. STRUTHERS PARKINSON'S CENTER IS A NATIONAL PARKINSON'S FOUNDATION CENTER OF EXCELLENCE. THE WOMEN'S CENTER IN ST. LOUIS PARK WAS DESIGNED FOR BUSY WOMEN. THEY GET CARE, COMFORT AND CONVENIENCE, ALL IN ONE LOCATION. THIS MEANS THEY CAN ADDRESS MULTIPLE NEEDS IN ONE VISIT. PARK NICOLLET OFFER A FULL RANGE OF WOMEN'S HEALTH SERVICES, INCLUDING OBSTETRICS AND PRENATAL CARE, GYNECOLOGY AND UROGYNECOLOGY, BIRTH CONTROL, MENOPAUSE, INCONTINENCE AND PELVIC FLOOR DISORDERS. METHODIST, IN ST. LOUIS PARK, MINNESOTA, IS LICENSED FOR 426 INPATIENT BEDS AND ADMITS NEARLY 30,000 PATIENTS ANNUALLY. THERE ARE MORE THAN 60,000 EMERGENCY CENTER PATIENTS TREATED EACH YEAR. METHODIST DELIVERS NEARLY 2,800 BABIES EACH YEAR AT THE FAMILY BIRTH CENTER. PNHCP PROVIDES DURABLE MEDICAL EQUIPMENT AND SUPPLIES SUPPORTING ONGOING PATIENT CARE FOR METHODIST AND PNC PATIENTS. PNHCP IS A RECOGNIZED LEADER IN PROVIDING PATIENTS WITH CONVENIENT ACCESS TO PROVIDER RECOMMENDED HEALTH RELATED PRODUCTS. PNHCP IS VIEWED BY PARK NICOLLET AS AN EXTENSION OF THE PROVIDER'S CARE, BY PROVIDING PRODUCTS USED AT HOME TO HELP PATIENTS ENSURE SUCCESS WITH SELF-MANAGING ANY NUMBER OF HEALTH ISSUES. MUSIC THERAPY CONTINUED TO BE AN IMPORTANT PART OF PATIENT CARE THROUGHOUT METHODIST. IN 2024 THERE WERE 696 CONSULTS AND 1,137 PATIENTS. WITH 554 FAMILY MEMBERS PRESENT, THE TOTAL WAS 1,691 CONNECTIONS. PATIENTS REPORTED DECREASES IN PAIN, ANXIETY, NAUSEA AND INCREASED MOOD. INTEGRATIVE THERAPY IN 2024 INCLUDED MESSAGE AND HEALING TOUCH. THERAPISTS PROVIDED 541 ENCOUNTERS AND 267 CONSULTS, MOSTLY IN ONCOLOGY. PATIENTS REPORTED DECREASES IN PAIN, ANXIETY, NAUSEA, NEUROPATHY AND INCREASES IN MOOD. THERAPISTS ALSO PROVIDED 40 TEAM MEMBERS WITH EITHER MASSAGE OR HEALING TOUCH SESSIONS POSITIVELY IMPACTING STAFF HEALTH AND THEIR EXPERIENCE WITH THESE TYPES OF THERAPIES AND HOW THEY WORK IN THE HOSPITAL ENVIRONMENT. BENEFIT TO THE COMMUNITY: COMMUNITY HEALTH SERVICES: PATIENT EDUCATION - PARK NICOLLET'S PATIENT EDUCATION DEPARTMENT PROVIDES EDUCATIONAL TOOLS TO SUPPORT PATIENTS IN PREVENTING AND MANAGING ILLNESS AND IMPROVING HEALTH. PARK NICOLLET PROVIDE PROGRAMS, CLASSES, VIDEOS, WEB CONTENT AND DECISION SUPPORT TOOLS TO HELP PATIENTS AND THE BROADER COMMUNITY TAKE AN ACTIVE ROLE IN THEIR HEALTH. THESE RESOURCES HELP PATIENTS PREVENT AND MANAGE COMMON HEALTH PROBLEMS, LIVE WELL WITH CHRONIC CONDITIONS, PREPARE FOR PROCEDURES AND IMPROVE OVERALL HEALTH AND WELL-BEING. PARK NICOLLET'S HEALTH LIBRARY PROVIDES RESOURCES AND SERVICES FOR PATIENTS, FAMILY AND THE COMMUNITY. THIS INCLUDES LITERATURE SEARCHES AND DOCUMENT DELIVERY, AS WELL AS ACCESS TO PRINT, ONLINE AND INTERNET RESOURCES. PARK NICOLLET HOSTED AND PARTNERED ACROSS THE ORGANIZATION TO RAISE AWARENESS OF HEALTH CARE TOPICS PLUS PROVIDE SUPPLIES AND EDUCATION TO THE COMMUNITY. COMMUNITY PROGRAMS MAKE IT OK IN 2024, THE MAKE IT OK COMMUNITY INITIATIVE CONTINUED TO RAISE AWARENESS, CHALLENGE STIGMA, CONNECT PEOPLE TO RESOURCES AND ENCOURAGE OPEN CONVERSATIONS ABOUT MENTAL HEALTH, INCLUDING SUBSTANCE USE DISORDER. IN MARCH, HEALTHPARTNERS CELEBRATED THE LAUNCH OF ITS REDESIGNED WEBSITE FEATURING A NEW LOOK, NEW EXPERIENCE, UPDATED CONTENT AND TAILORED RESOURCES DESIGNED TO HELP EVERYONE FEEL WELCOMED, SEEN, HEARD AND INCLUDED. EXPLORE AT MAKEITOK.ORG. PARK NICOLLET BEHAVIORAL HEALTH AND FOUNDATION STAFF CONDUCTED A WEBINAR WITH AG MEDIA FOR MEMBERS OF THE SOUTH METRO SOMALI AND EAST AFRICAN COMMUNITIES ON YOUTH MENTAL HEALTH INCLUDING BACKGROUND, AND BARRIERS TO CARE LIKE STIGMA. LITTLE MOMENTS COUNT (LMC): LMC IS A GROWING SOCIAL MOVEMENT SEEKING TO INCREASE AWARENESS OF THE IMPORTANCE AND INCREASE PARENT AND CAREGIVER BEHAVIORS OF TALKING, PLAYING, READING, SINGING AND STORYTELLING WITH CHILDREN, IN THE FIRST ONE THOUSAND DAYS OF LIFE (0-3 YEARS OLD). LMC ACHIEVES THIS THROUGH COLLECTIVE IMPACT PARTNERSHIP WITH OVER 115 CROSS-SECTOR ORGANIZATIONS, INCLUDING EARLY CHILDHOOD, HEALTH CARE, NONPROFIT COMMUNITY AND CULTURAL, FAITH COMMUNITY, MEDIA, GOVERNMENTAL AND OTHER PRIVATE SECTOR ORGANIZATIONS. LMC PARTNERS WORK TOGETHER TO MAGNIFY KEY FAMILY SUPPORT RESOURCES AND OPPORTUNITIES, AS WELL AS IDENTIFY GAPS TO ADDRESS THROUGH COLLECTIVE IMPACT STRATEGIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $7,228,919
Program Service Revenue $2,149,407,557
Investment Income $35,309,536
Other Revenue $461,923
TOTAL REVENUE $2,192,407,935

Expense Breakdown

Grants Paid $47,324
Salaries & Benefits $1,432,451,619
Fundraising Expenses $0
Program Expenses $1,910,382,914
Other Expenses $686,865,434
TOTAL EXPENSES $2,119,364,377

Year-over-Year Comparison

2024 2023 Change
Revenue $2,192,407,935 $2,002,440,411 +0.1%
Expenses $2,119,364,377 $2,012,619,825 +0.1%
Net Income $73,043,558 $-10,179,414 -8.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
16
Independent Members
14
Employees
11915
Volunteers
711

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
15
$13,983,878
Total Directors
16
$2,362,482
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PHILIP DONALDSON DIRECTOR & CHAIR 1.90
Officer Director
$0 $0 $40,000
ROBERT EHREN DIRECTOR 3.00
Director
$0 $0 $30,000
MORRIS GOODWIN DIRECTOR & TREASURER 3.10
Officer Director
$0 $0 $33,000
DEBORAH HOPP DIRECTOR & VICE CHAIR 3.80
Officer Director
$0 $0 $48,000
KATHLEEN KELLEY DIRECTOR 4.00
Director
$0 $0 $33,000
DAVID LAGERSTROM DIRECTOR 3.00
Director
$0 $0 $30,000
AMY LANGER DIRECTOR 3.00
Director
$0 $0 $33,000
ANA RUBY LEE DIRECTOR 2.40
Director
$0 $0 $30,000
LAURA LIU DIRECTOR 3.20
Director
$0 $0 $30,000
SHARON PIERCE DIRECTOR 3.00
Director
$0 $0 $33,000
SONDRA SAMUELS DIRECTOR 2.50
Director
$0 $0 $33,000
THOMAS SCHRUP MD DIRECTOR 2.60
Director
$0 $0 $30,000
PAUL WILLIAMS DIRECTOR 3.40
Director
$0 $0 $36,000
BRAD WOZNEY MD DIRECTOR 2.40
Director
$0 $0 $33,000
STEVEN M CONNELLY MD DIRECTOR & EXC MEDICAL DIRECTOR 20.00
Officer Director
$0 $177,487 $1,319,916
RAE ANN WILLIAMS DIRECTOR 2.00
Director
$0 $160,728 $570,566
NIMA A DESAI MD CMO METHODIST HOSPITAL 40.00
Officer
$0 $51,421 $559,898
MELISSA T FRITZ CNO METHODIST HOSPITAL 60.00
Officer
$0 $72,041 $430,021
NATHAN PULSCHER PRESIDENT HUTCHINSON HEALTH (DEC) 49.00
Officer
$0 $72,106 $431,896
JENNIFER L MYSTER PRESIDENT METHODIST HOSPITAL 54.50
Officer
$0 $145,186 $819,186
ANDREA M WALSH PRESIDENT & CEO 20.00
Officer
$0 $910,637 $3,838,003
NANCY L EVERT SECRETARY & SVP GEN CNSL 10.00
Officer
$0 $248,257 $1,078,463
NANCY A MCCLURE CHIEF OPERATING OFFICER (JAN-FEB) 0.50
Officer
$0 $52,557 $1,371,642
MEGAN M REMARK CHIEF OPERATING OFFICER (MAR-DEC) 0.50
Officer
$0 $368,676 $1,427,650
ALITA RISINGER CFO 0.50
Officer
$0 $155,052 $880,339
MARK R SANNES MD EXC MEDICAL DIRECTOR 0.50
Officer
$0 $181,666 $1,281,429
JAMES P LYONS PRESIDENT HUTCHINSON HEALTH (JAN-NOV) 0.00
Officer
$0 $50,663 $424,435
KEVIN J MULLANEY ORTHOPEDIC SURGEON 50.00
Highest
$1,432,882 $51,318 $1,484,200
CHRISTINE M PUI MD VICE CHAIR ORTHOPEDICS 50.00
Highest
$1,416,067 $65,108 $1,481,175
GREGORY R HILDEBRAND MD ORTHOPEDIC SURGEON 60.00
Highest
$1,400,060 $92,010 $1,492,070
DANIEL GATLIN PHYSICIAN, GEN SURGERY 58.00
Highest
$1,351,108 $87,939 $1,439,047
ERIC M ROHMAN ORTHOPEDIC SURGEON 60.00
Highest
$1,306,054 $37,873 $1,343,927
NATHAN G BLAD FORMER PRESIDENT OLIVIA HOSPITAL 0.00
$220,734 $48,449 $269,183
HEIDI G CONRAD FORMER VP & CFO 0.00
$0 $61,676 $766,298
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 $2,192,407,935 $2,119,364,377 $1,640,149,605 $73,043,558
2023 $2,002,440,411 $2,012,619,825 $1,743,781,100 $-10,179,414
2022 $1,913,283,965 $1,865,440,563 $1,554,745,941 $47,843,402
2021 $1,876,897,170 $1,720,278,836 $1,715,897,380 $156,618,334
2020 $1,633,575,634 $1,577,009,180 $1,495,285,312 $56,566,454
2019 $1,725,735,169 $1,655,687,939 $1,328,602,033 $70,047,230
2018 $1,650,690,067 $1,562,656,758 $1,202,718,237 $88,033,309
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