Avera St Luke's

EIN: 460224598 501(c)(3) Health Care

Aberdeen, SD

Total Revenue
$197,141,413
Total Expenses
$199,815,005
Total Assets
$150,122,754
Net Assets
$78,006,707
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Financial Trends

Organization Details

Formation Year
1901
Legal Domicile
SD
Principal Officer
Daniel Bjerknes
Phone
6056225272
Tax Period
2023-07-01 to 2024-06-30

Avera St Luke's, founded in 1901, is a major nonprofit in the Health Care sector that reported $197.1M in total revenue in fiscal year 2023.

Mission

Avera is a health ministry rooted in the Gospel. Our mission is to make a positive impact in the lives and health of persons and communities by providing quality services guided by Christian values.

Program Service Accomplishments

Program 1
Expenses: $185,755,251 Revenue: $196,381,277

Avera St. Luke's mission is to provide healthcare services to Aberdeen, South Dakota residents and residents of the surrounding area. Avera St. Luke's is a 501(c)(3) organization affiliated with...

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Avera St. Luke's mission is to provide healthcare services to Aberdeen, South Dakota residents and residents of the surrounding area. Avera St. Luke's is a 501(c)(3) organization affiliated with Avera Health. Avera St. Luke's consists of 50 acute beds, 10 inpatient behavioral health beds, an 81-bed nursing home in Aberdeen, SD, a 56-bed nursing home in Eureka, SD, a 2-bed surgical center in Aberdeen, SD, and 18 physician clinics. The physician clinics include primary care, ob/gyn, pediatrics, orthopedics, general surgery, radiation, radiology, oncology, therapy, urology, hematology, psychiatry, pulmonology, nephrology, podiatry, ear nose and throat, pain management, and cardiology. Avera St. Luke's provides acute care and long-term healthcare services. Avera St. Luke's Hospital 3,658 Acute patient discharges 367 Newborn patient discharges 38 Swing bed patient discharges 153,025 Outpatient visits 300 Swing-bed patient days 614 Newborn patient days 148,921 Clinic visits 46,530 Nursing home resident days 116 Long Term Care patient dischargesAvera St. Luke's maintains records to identify and monitor the level of charity care it provides. These records include the amount of charges forgone for services and supplies furnished under its charity care policy and equivalent service statistics. The amount of charges foregone, based on established rates, were $33,361,688.Avera St. Luke's also provides community benefit health activities at less than or at no cost to support those in the area served, see Schedule H. As a member of the Avera Health Network, Avera St. Luke's upholds the vision of the Presentation and Benedictine Sisters to work through collaboration to provide quality, effective health ministry and to improve the healthcare of individuals and our communities through a regionally integrated network of persons and institutions. Avera St. Luke's engages in activities designed to improve the health of individuals and communities in response to a calling to heal the sick, the elderly, and the oppressed.

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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 $569,579
Program Service Revenue $196,779,327
Investment Income $570,203
Other Revenue $-777,696
TOTAL REVENUE $197,141,413

Expense Breakdown

Grants Paid $11,569
Salaries & Benefits $111,805,521
Fundraising Expenses $3,814
Program Expenses $185,755,251
Other Expenses $87,997,915
TOTAL EXPENSES $199,815,005

Year-over-Year Comparison

2023 2022 Change
Revenue $197,141,413 $200,128,779 0.0%
Expenses $199,815,005 $209,172,426 0.0%
Net Income $-2,673,592 $-9,043,647 -0.7%
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
15
Independent Members
10
Employees
1306
Volunteers
22

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
4
$1,776,631
Total Directors
15
$1,792,794
Key Employees
1
$251,004
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Daniel Bjerknes President/CEO 40.00
Officer Director
$0 $50,471 $553,555
Heidi Golz Chair 1.00
Officer Director
$0 $0 $0
Michael Herman Vice Chair 1.00
Officer Director
$0 $0 $0
Sr Kathleen Bierne Board Member 1.00
Director
$0 $0 $0
Kristen Fauth Board Member 1.00
Director
$0 $0 $0
Shane Franks Board Member 1.00
Director
$0 $0 $0
John Fritz MD Board Member 1.00
Director
$0 $0 $0
Richard Inman Board Member 1.00
Director
$0 $0 $0
Paula Jensen Board Member 1.00
Director
$0 $0 $0
Sr Marietta Kerkvliet Board Member 1.00
Director
$0 $0 $0
Adam LeFebvre MD Board Member/Anesthesiology 41.00
Director
$518,726 $50,241 $568,967
Sr Mary Kay Panowicz Board Member 1.00
Director
$0 $0 $0
Diana Reynen Board Member 1.00
Director
$0 $0 $0
Thomas Seyer Board Member 1.00
Director
$0 $0 $0
Garrett Wobst MD Board Member/Orthopedics/Surgery 41.00
Director
$625,813 $44,459 $670,272
Julie Lautt CFO Avera Health;Secretary/Treasurer 0.10
Officer
$0 $19,401 $1,223,076
Tom J Snyder VP - Strategy Network Ops (End 03/2024) 40.00
Key Emp
$222,455 $28,549 $251,004
Brandon Fites MD Sports Medicine, Surgery & Orthopedics 40.00
Highest
$2,999,342 $53,017 $3,052,359
Daniel Fritz MD Radiology 40.00
Highest
$1,242,294 $39,997 $1,282,291
Ryan Gnesda MD Radiology 40.00
Highest
$1,477,815 $53,521 $1,531,336
Susheel Gundewar MD Cardiology 40.00
Highest
$1,913,170 $59,633 $1,972,803
Leslie Lenter MD Interventional Radiology & Radiology 40.00
Highest
$1,550,096 $41,735 $1,591,831
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 $197,141,413 $199,815,005 $150,122,754 $-2,673,592
2023 $200,128,779 $209,172,426 $155,386,406 $-9,043,647
2022 $210,216,713 $210,130,543 $172,474,557 $86,170
2021 $208,771,594 $199,843,482 $180,080,420 $8,928,112
2020 $191,142,000 $194,521,855 $188,282,898 $-3,379,855
2019 $200,339,260 $206,107,094 $162,705,089 $-5,767,834
2018 $195,970,181 $198,053,977 $171,105,213 $-2,083,796
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