Sacred Heart Health Services

EIN: 460225483 501(c)(3) Health Care

Yankton, SD

Total Revenue
$148,423,646
Total Expenses
$144,472,709
Total Assets
$399,640,005
Net Assets
$350,055,594
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Financial Trends

Organization Details

Formation Year
1911
Legal Domicile
SD
Principal Officer
Douglas R Ekeren
Phone
6056688000
Tax Period
2022-07-01 to 2023-06-30

Sacred Heart Health Services, founded in 1911, is a major nonprofit in the Health Care sector that reported $148.4M in total revenue in fiscal year 2022. Net assets of $350.1M represent 28 months of operating reserves.

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: $129,115,916 Revenue: $144,233,913

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

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Avera Sacred Heart's mission is to provide healthcare services to Yankton, South Dakota residents and residents of the surrounding area. Avera Sacred Heart is a 501(c)(3) organization affiliated with Avera Health. Avera Sacred Heart consists of a 99-bed hospital and a 187-bed nursing home, congregate housing facility and a hospice house in Yankton, SD, a 23-bed critical access hospital and a 47-bed nursing home in Creighton, NE, and 15 physician clinics. The physician clinics include primary care, ob/gyn, pediatrics, orthopedics, general surgery, internal medicine, radiation, radiology, oncology, podiatry, therapy, dialysis, behavioral health, and palliative care. Following is a breakdown of these statistics by facility:Avera Sacred Heart Hospital 2,868 Acute inpatient discharges 486 Newborn patient discharges 71 Swing bed patient discharges 90,308 Outpatient visits 394 Swing-bed patient days 1,116 Newborn patient days 37,584 Clinic visitsAvera Sacred Heart Majestic Bluffs 273 Long term care patient discharges 63,224 Long-term care resident daysAvera Creighton Hospital (CAH) 79 Acute inpatient discharges 52 Swing bed patient discharges 7,814 Outpatient visits 594 Swing-bed patient days 19,604 Clinic visitsAvera Creighton Care Centre 34 Long term care patient discharges 12,755 Long-term care resident daysAvera Sacred Heart 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 $2,444,310.Avera Sacred Heart 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 Sacred Heart 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 Sacred Heart 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 (2022)

Revenue Breakdown

Contributions & Grants $1,712,360
Program Service Revenue $144,214,967
Investment Income $2,220,031
Other Revenue $276,288
TOTAL REVENUE $148,423,646

Expense Breakdown

Grants Paid $166,155
Salaries & Benefits $75,590,685
Fundraising Expenses $10,780
Program Expenses $129,115,916
Other Expenses $68,715,869
TOTAL EXPENSES $144,472,709

Year-over-Year Comparison

2022 2021 Change
Revenue $148,423,646 $152,881,704 0.0%
Expenses $144,472,709 $143,284,446 +0.0%
Net Income $3,950,937 $9,597,258 -0.6%
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
13
Employees
1263
Volunteers
155

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
$1,854,162
Total Directors
15
$750,622
Key Employees
2
$463,499
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Douglas Ekeren President/CEO 42.00
Officer Director
$0 $46,432 $750,622
Brian Steward Chair 2.00
Officer Director
$0 $0 $0
Kathy Greeneway Vice Chair 2.00
Officer Director
$0 $0 $0
Carolyn Becker Board Member 2.00
Director
$0 $0 $0
Bernie Hunhoff Board Member 2.00
Director
$0 $0 $0
Jack Hurley Board Member 2.00
Director
$0 $0 $0
Sr Debra Kolecka Board Member 2.00
Director
$0 $0 $0
Amy Leon Board Member 2.00
Director
$0 $0 $0
Tom Lorang EdD Board Member 2.00
Director
$0 $0 $0
Beth Mikkelsen MD Board Member 2.00
Director
$0 $0 $0
Steve Schindler Board Member 2.00
Director
$0 $0 $0
Steve Schmeichel Board Member 2.00
Director
$0 $0 $0
Sr Roxanne Seifert Board Member 2.00
Director
$0 $0 $0
Richard Strom MD Board Member 2.00
Director
$0 $0 $0
Sr Lucille Welbig Board Member 2.00
Director
$0 $0 $0
Julie Lautt CFO Avera Health;Secretary/Treasurer 0.10
Officer
$0 $17,088 $1,103,540
Anthony Erickson VP - Senior Services 40.00
Key Emp
$204,761 $36,273 $241,034
Lindsay Flannery VP - Patient Care Services 40.00
Key Emp
$211,601 $10,864 $222,465
Derrick Doolittle MD Diagnostic Radiology & Radiology 40.00
Highest
$733,115 $54,311 $787,426
Steve Gutnik MD FACP Gastroenterology & Internal Medicine 40.00
Highest
$869,935 $27,270 $897,205
Michael Peterson MD Radiation Oncology & Oncology 40.00
Highest
$644,352 $39,601 $683,953
Ryan Sieg MD Orthopedics,Surgery& Sports Medicine 40.00
Highest
$782,142 $46,560 $828,702
Adam Strehle MD Family Medicine/OB 40.00
Highest
$677,569 $46,461 $724,030
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 $148,423,646 $144,472,709 $399,640,005 $3,950,937
2022 $152,881,704 $143,284,446 $382,193,873 $9,597,258
2021 $160,143,371 $138,505,534 $414,934,041 $21,637,837
2020 $142,545,417 $131,551,300 $377,780,672 $10,994,117
2019 $145,846,368 $132,838,776 $347,827,204 $13,007,592
2018 $140,680,992 $128,307,116 $336,401,545 $12,373,876
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