Avera McKennan

EIN: 460224743 501(c)(3) Health Care

Sioux Falls, SD

Total Revenue
$1,488,868,703
Total Expenses
$1,457,774,738
Total Assets
$1,411,648,717
Net Assets
$814,256,557
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1911
Legal Domicile
SD
Principal Officer
Dr Ronald Place
Phone
6053228000
Tax Period
2022-07-01 to 2023-06-30

Avera McKennan, founded in 1911, is a large national nonprofit in the Health Care sector that reported $1.5B in total revenue in fiscal year 2022.

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 and guided by Christian values.

Program Service Accomplishments

Program 1
Expenses: $1,319,367,930 Revenue: $1,440,775,484

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

Read more

Avera McKennan's mission is to provide healthcare services to Sioux Falls, South Dakota residents and residents of the surrounding area. Avera McKennan is a 501(c)(3) organization affiliated with Avera Health. Avera McKennan consists of a 572-bed hospital, a 53-bed heart hospital and a 114-bed nursing home in Sioux Falls, SD. Major service lines include oncology, surgery, obstetrics, pediatrics, neonatology, emergency and trauma, critical care including EICU, radiology and diagnostic imaging, psychiatry, pulmonary, orthopedics, neurology, cardiology, and gastroenterology. Transplant services include solid organ (kidney, liver, and pancreas) and bone marrow transplant.Avera McKennan owns or leases rural critical hospitals and a nursing home in South Dakota including a 17-bed critical access hospital and a 30-bed nursing home in Gregory, SD, a 25-bed critical access hospital in Milbank, SD, a 23-bed critical access hospital in Dell Rapids, SD, an 18-bed critical access hospital in Flandreau, SD, an 11-bed critical access hospital in Miller, SD (Hand County), and an 11-bed critical access hospital in Rock Rapids, IA. Services offered by the rural critical access hospitals include radiology and imaging, colonoscopy and endoscopy, therapy and rehabilitation, 24-hour emergency care, chemotherapy, orthopedics, cardiovascular testing, surgery, dialysis, and obstetrics.In addition, Avera McKennan provides clinical care, secondary and primary, through physician clinics in South Dakota, Northwest Iowa, Southwest Minnesota, and Northeastern Nebraska. The physician clinics provide primary care and urgent care, and specialties such as cardiology, dermatology, endocrinology, gastroenterology, hematology, hepatology, infectious disease, internal medicine, neonatology, nephrology, neurology, ob/gyn, oncology, ophthalmology, pediatrics, orthopedics, pain management, psychiatry, pulmonology, general surgery, and vascular services. Following is a breakdown of these statistics by facility:Avera McKennan Hospital 25,566 Acute patient discharges 1,862 Newborn patient discharges 448,336 Outpatient visits 3,623 Newborn patient days 855,054 Clinic visitsAvera Heart Hospital 2,590 Acute patient discharges 13,370 Outpatient visits 70,552 Clinic visitsAvera Prince of Peace 36,034 Long-term care resident days 382 Long-term care patient dischargesAvera Gregory Hospital (CAH) 257 Acute patient discharges 76 Swing-bed patient discharges 9,489 Outpatient visits 681 Swing-bed patient days 14,691 Clinic visitsAvera Rosebud Country Care Center 10,155 Long-term care resident days 17 Long-term care patient dischargesAvera Milbank Hospital (CAH) 343 Acute patient discharges 48 Newborn patient discharges 93 Swing-bed patient discharges 18,521 Outpatient visits 71 Newborn patient days 609 Swing-bed patient days 23,032 Clinic visitsAvera Dell Rapids Hospital (CAH) 106 Acute patient discharges 33 Swing-bed patient discharges 9,491 Outpatient visits 390 Swing-bed patient days 12,602 Clinic visitsAvera Flandreau Hospital (CAH) 121 Acute patient discharges 17 Swing-bed patient discharges 8,443 Outpatient visits 224 Swing-bed patient days 8,715 Clinic visitsAvera Hand County Hospital (CAH) 200 Acute patient discharges 61 Swing-bed patient discharges 9,686 Outpatient visits 400 Swing-bed patient days 8,515 Clinic visitsAvera Merrill Pioneer Hospital (CAH) 74 Acute patient discharges 38 Swing-bed patient discharges 7,695 Outpatient visits 376 Swing-bed patient days 6,499 Clinic visitsAvera McKennan 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 $74,322,965.Avera McKennan also provides community benefit health activities at less than or at no cost to support those in the area serviced, see Schedule H. As a member of the Avera Health Network, Avera McKennan 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 McKennan 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.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $30,014,546
Program Service Revenue $1,342,613,645
Investment Income $4,224,248
Other Revenue $112,016,264
TOTAL REVENUE $1,488,868,703

Expense Breakdown

Grants Paid $504,592
Salaries & Benefits $743,369,320
Fundraising Expenses $276,827
Program Expenses $1,319,367,930
Other Expenses $713,900,826
TOTAL EXPENSES $1,457,774,738

Year-over-Year Comparison

2022 2021 Change
Revenue $1,488,868,703 $1,412,729,099 +0.1%
Expenses $1,457,774,738 $1,405,209,002 +0.0%
Net Income $31,093,965 $7,520,097 +3.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
21
Independent Members
14
Employees
9325
Volunteers
1839

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
6
$2,452,034
Total Directors
22
$4,662,147
Key Employees
4
$1,574,416
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
David Flicek President & CEO (End 05/2023) 42.00
Officer Director
$0 $46,532 $1,348,494
Ronald Place MD President & CEO (Beg 05/2023) 40.00
Officer Director
$0 $0 $0
Tom Biegler Chair 2.00
Officer Director
$0 $0 $0
J Pat Costello Vice Chair 2.00
Officer Director
$0 $0 $0
Jennifer Bunkers Board Member Philanthropy Council Chair 2.00
Officer Director
$0 $0 $0
Sister Mary Carole Curran Board Member 2.00
Director
$0 $0 $0
Mary Dally Board Member 2.00
Director
$0 $0 $0
Van Fishback Board Member 2.00
Director
$0 $0 $0
Jared Friedman MD Board Member/Chief of Staff 2.00
Director
$0 $56,143 $580,327
Cristina Hill Jensen MD Board Member/Gastroenterology 42.00
Director
$887,015 $53,164 $940,179
Jennifer Kirby Board Member 2.00
Director
$0 $0 $0
Randy Knecht Board Member 2.00
Director
$0 $0 $0
Laurie Knutson Board Member 2.00
Director
$0 $0 $0
Sister Carmella Luke Board Member 2.00
Director
$0 $0 $0
Jawad Nazir MD Board Member Infectious Disease & Internal Med 42.00
Director
$640,975 $49,410 $690,385
Alejandro Ramirez Board Member 2.00
Director
$0 $0 $0
Alisa Reindl MD Board Member/Family Medicine/OB 42.00
Director
$230,455 $23,217 $253,672
Sister Roxanne Seifert Board Member 2.00
Director
$0 $0 $0
Benjamin Solomon MD Board Member/Oncology & Hematology 42.00
Director
$792,956 $56,134 $849,090
Hugh Venrick Board Member 2.00
Director
$0 $0 $0
Sister Lucille Welbig Board Member 2.00
Director
$0 $0 $0
Harriet Yocum Board Member 2.00
Director
$0 $0 $0
Julie Lautt CFO Avera Health;Secretary/Treasurer 0.10
Officer
$0 $17,088 $1,103,540
Michael Elliott Sr VP - Chief Medical Officer 40.00
Key Emp
$524,137 $44,410 $568,547
Curtis Hohman Sr VP - Network Hospitals 40.00
Key Emp
$295,527 $29,937 $325,464
Sandra King Director - Operative Services 40.00
Key Emp
$206,401 $21,141 $227,542
Lori Popkes Consultant 40.00
Key Emp
$407,738 $45,125 $452,863
Jonathan Gilhooly MD Neurosurgery 40.00
Highest
$1,586,580 $49,410 $1,635,990
Geoffrey Haft MD Orthopedics/Surgery 40.00
Highest
$1,479,326 $23,096 $1,502,422
Travis Liddell MD Orthopedics/Surgery 40.00
Highest
$1,496,665 $56,134 $1,552,799
Alex Linn MD Neurology 40.00
Highest
$2,194,962 $46,560 $2,241,522
Todd Zimprich MD Neurology 40.00
Highest
$1,781,840 $48,560 $1,830,400
Rick Kooima MD Former Board Member/Chief of Staff 0.00
$364,689 $48,560 $413,249
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 No data No data No data No data
2023 $1,488,868,703 $1,457,774,738 $1,411,648,717 $31,093,965
2022 $1,412,729,099 $1,405,209,002 $1,383,813,699 $7,520,097
2021 $1,371,059,282 $1,278,846,398 $1,439,516,677 $92,212,884
2020 $1,174,762,076 $1,181,829,141 $1,409,144,457 $-7,067,065
2019 $1,128,932,346 $1,103,161,342 $1,220,148,914 $25,771,004
2018 $1,062,978,607 $1,014,434,772 $1,159,178,030 $48,543,835
Explore More Nonprofits
Top 100 Nonprofits in South Dakota Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Avera McKennan with other nonprofits in South Dakota and across the country.