SD ASSOCIATION OF HEALTHCARE ORGANIZATIONS

EIN: 460254666

SIOUX FALLS, SD

Total Revenue
$3,081,221
Total Expenses
$2,779,114
Total Assets
$9,345,920
Net Assets
$7,212,474
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Financial Trends

Organization Details

Formation Year
1926
Legal Domicile
SD
Principal Officer
TIMOTHY RAVE
Phone
6053612281
Tax Period
2024-01-01 to 2024-12-31

SD ASSOCIATION OF HEALTHCARE ORGANIZATIONS, founded in 1926, is a community nonprofit that reported $3.1M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $2.8M left a modest 10% surplus.

Mission

ADVANCING HEALTHY COMMUNITIES THROUGH A UNIFIED VOICE ACROSS THE HEALTH CARE CONTINUUM.

Program Service Accomplishments

Program 1

SDAHO HOSTS AN ANNUAL CONVENTION EVERY YEAR IN SEPTEMBER. IN 2024, MORE THAN 308 INDIVIDUALS CAME TOGETHER IN RAPID CITY TO ATTEND SDAHO'S 98TH ANNUAL CONVENTION. THE 2024 EVENT HAD MANY IMPORTANT...

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SDAHO HOSTS AN ANNUAL CONVENTION EVERY YEAR IN SEPTEMBER. IN 2024, MORE THAN 308 INDIVIDUALS CAME TOGETHER IN RAPID CITY TO ATTEND SDAHO'S 98TH ANNUAL CONVENTION. THE 2024 EVENT HAD MANY IMPORTANT MEMBERSHIP ACTIVITIES, INCLUDING A PRE-CONFERENCE GOLF EVENT, NATIONAL KEYNOTE SPEAKERS, SEVERAL EDUCATIONAL SESSIONS, 56 DIVERSE SPONSORS AND EXHIBITORS, AND AN AWARDS CEREMONY FOR OUTSTANDING SERVICE AND EXCELLENCE.

Program 2

SDAHO LAUNCHED A NURSE LEADERSHIP PROGRAM IN 2020, AND IT IS STILL GOING STRONG IN 2024. THE NURSE LEADERSHIP PROGRAM IS A CUSTOMIZED EDUCATION PROGRAM DESIGNED TO EQUIP HOSPITAL AND POST-ACUTE CARE...

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SDAHO LAUNCHED A NURSE LEADERSHIP PROGRAM IN 2020, AND IT IS STILL GOING STRONG IN 2024. THE NURSE LEADERSHIP PROGRAM IS A CUSTOMIZED EDUCATION PROGRAM DESIGNED TO EQUIP HOSPITAL AND POST-ACUTE CARE NURSE LEADERS AND EMERGING NURSE LEADERS WITH LEADERSHIP AND OPERATIONAL SKILLS THEY NEED TO BE A SUCCESSFUL, SUPPORTIVE LEADER IN THEIR ORGANIZATION. PROFESSIONALS WHO ATTEND THIS PROGRAM WILL BUILD SKILLS AND CONFIDENCE IN LEADERSHIP, CRITICAL THINKING, CONFLICT MANAGEMENT, EFFECTIVE TEAM BUILDING, AND CHANGE MANAGEMENT. IN 2024, WE HAD 28 PARTICIPANTS IN THE PROGRAM.

Program 3

EACH YEAR, SDAHO HOSTS A RURAL HEALTH LEADERS CONFERENCE IN FT. PIERRE, SD. THIS CONFERENCE IS INTENDED FOR LEADERS OF RURAL HEALTHCARE WHO ARE INVOLVED IN STRATEGIC PLANNING, OPERATIONS, AND LEADING...

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EACH YEAR, SDAHO HOSTS A RURAL HEALTH LEADERS CONFERENCE IN FT. PIERRE, SD. THIS CONFERENCE IS INTENDED FOR LEADERS OF RURAL HEALTHCARE WHO ARE INVOLVED IN STRATEGIC PLANNING, OPERATIONS, AND LEADING TEAMS. THE CONFERENCE SESSIONS COVER BOTH FEDERAL AND STATE-SPECIFIC TOPICS THAT ARE RELEVANT TO HEALTHCARE WITHIN SOUTH DAKOTA. THIS INTIMATE EVENT FACILITATES IN-DEPTH DISCUSSIONS, IDEA SHARING, AND AMPLE NETWORKING OPPORTUNITIES WITH APPROXIMATELY 68 COLLEAGUES FROM ACROSS THE STATE.

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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 $0
Program Service Revenue $2,770,341
Investment Income $310,880
Other Revenue $0
TOTAL REVENUE $3,081,221

Expense Breakdown

Grants Paid $2,500
Salaries & Benefits $1,750,308
Fundraising Expenses $0
Other Expenses $1,026,306
TOTAL EXPENSES $2,779,114

Year-over-Year Comparison

2024 2023 Change
Revenue $3,081,221 $2,809,645 +0.1%
Expenses $2,779,114 $2,646,188 +0.1%
Net Income $302,107 $163,457 +0.8%
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
12
Independent Members
12
Employees
20
Volunteers
16

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
7
$721,683
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAUL HANSON - LEFT 92024 IMMEDIATE PAST-CHAIRPERSON 1.00
Officer Director
$0 $0 $0
JASON MERKLEY CHAIRPERSON/IMMED. PAST-CHAIRPERSON 1.00
Officer Director
$0 $0 $0
PAULETTE DAVIDSON CHAIRPERSON-ELECT/CHAIRPERSON 1.00
Officer Director
$0 $0 $0
NICK FOSNESS SECRETARY-TREAS./CHAIRPERSON-ELECT 1.00
Officer Director
$0 $0 $0
ERICA PETERSON TRUSTEE(DISTRICT IV)/SECRETARY-TREAS. 0.50
Officer Director
$0 $0 $0
THOMAS WORSLEY - JOINED 92024 TRUSTEE (DISTRICT I) 0.50
Director
$0 $0 $0
MARK SCHULTE - LEFT 92024 TRUSTEE (DISTRICT I) 0.50
Director
$0 $0 $0
NATALIE GAUER TRUSTEE (DISTRICT II) 0.50
Director
$0 $0 $0
SCOTT LARSON - LEFT 92024 TRUSTEE (DISTRICT III) 0.50
Director
$0 $0 $0
ERIC HILMOE - JOINED 92024 TRUSTEE (DISTRICT IV) 0.50
Director
$0 $0 $0
MIKE WILDE - TRUSTEE AT-LARGE TRUSTEE (DISTRICT III)/PHYSICIAN 0.50
Director
$0 $0 $0
JOHN PIERCE - JOINED 92024 TRUSTEE (AT-LARGE) 0.50
Director
$0 $0 $0
MICK GIBBS TRUSTEE (AT-LARGE) 0.50
Director
$0 $0 $0
TAMMY MILLER TRUSTEE (AT-LARGE) 0.50
Director
$0 $0 $0
JOHN AYOUB DELEGATE FROM AHA 0.50
Director
$0 $0 $0
JUSTIN HINKER - LEFT 72024 DELEGATE FROM LEADINGAGE 0.50
Director
$0 $0 $0
TIMOTHY RAVE PRESIDENT/CEO 38.00
Officer
$445,820 $70,632 $516,452
TAMMY HATTING COO 39.00
Officer
$164,728 $40,503 $205,231
MICHELLE SYBESMA VP EDUCATION & COMMUNICATION 39.00
Highest
$148,435 $43,425 $191,860
BECKY HEISINGER DIRECTOR OF QUALITY INTEGRATION 30.00
Highest
$102,306 $47,649 $149,955
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 $3,081,221 $2,779,114 $9,345,920 $302,107
2023 $2,809,645 $2,646,188 $7,558,401 $163,457
2022 $2,212,039 $2,512,533 $7,817,106 $-300,494
2021 $2,684,920 $2,202,711 $8,076,868 $482,209
2020 $2,386,609 $1,868,597 $7,484,829 $518,012
2019 $2,334,005 $1,964,773 $7,257,555 $369,232
2018 $2,016,198 $2,437,553 $6,554,975 $-421,355
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