WATERTOWN, SD
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Sign In — Free (10 views/day)PRAIRIE LAKES HEALTHCARE FOUNDATION, founded in 1978, is a small nonprofit in the Health Care sector that reported $502K in total revenue in fiscal year 2023. Revenue surged 59% from the prior year, signaling strong growth momentum. Net assets of $5.2M represent 125 months of operating reserves.
HEALTHCARE IS A VITAL COMPONENT OF A COMMUNITY'S QUALITY OF LIFE. PRAIRIE LAKES HEALTHCARE FOUNDATION EXISTS TO RAISE FUNDS WITH WHICH TO SUPPORT AND ADVANCE THE HEALTH SERVICES AVAILABLE TO THE WATERTOWN AREA THROUGH PRAIRIE LAKES HEALTHCARE SYSTEM.
THE FOUNDATION PROMOTES COMMUNITY HEALTH AND WELLNESS EDUCATION TO PROMOTE THE WELL-BEING OF THE GENERAL PUBLIC. THE FOUNDATION DISTRIBUTES THE NET ASSETS TO ACCOMPLISH THE OBJECTIVE IDENTIFIED...
THE FOUNDATION PROMOTES COMMUNITY HEALTH AND WELLNESS EDUCATION TO PROMOTE THE WELL-BEING OF THE GENERAL PUBLIC. THE FOUNDATION DISTRIBUTES THE NET ASSETS TO ACCOMPLISH THE OBJECTIVE IDENTIFIED ABOVE. THE FOUNDATION RECENTLY PREPARED A SPENDING PLAN TO CONTRIBUTE TO VARIOUS PROJECTS IN THE NEXT YEAR.
THE SUZANNE JACOBSON MEMORIAL FUND (SJMF) WAS ESTABLISHED IN HONOR OF A WATERTOWN PHYSICIAN ASSISTANT, SUZANNE JACOBSON. SUZANNE SPENT HER ADULT LIFE INVOLVED IN THE HEALING ARTS. THROUGH HER...
THE SUZANNE JACOBSON MEMORIAL FUND (SJMF) WAS ESTABLISHED IN HONOR OF A WATERTOWN PHYSICIAN ASSISTANT, SUZANNE JACOBSON. SUZANNE SPENT HER ADULT LIFE INVOLVED IN THE HEALING ARTS. THROUGH HER HEALTHCARE CAREER SHE POSITIVELY IMPACTED THE LIVES OF MANY PEOPLE THOUGH HER CARE, CONCERN AND PROFESSIONALISM. SUZANNE LOST A LONG BATTLE WITH CANCER IN 1998. HER FAMILY AND FRIENDS ESTABLISHED THE SJMF AS A WAY TO CONTINUE HER CARING BY HELPING PEOPLE WITH A LIFE THREATENING ILLNESS THAT FACE MEDICAL FINANCIAL STRESS. SINCE ITS INCEPTION IN 1999, THE SJMF HAS PROVIDED APPROXIMATELY $524,091 THROUGH 881 GRANTS. THESE GRANTS ARE DISTRIBUTED THROUGHOUT A 10 COUNTY SERVICE AREA IN NORTHEAST SOUTH DAKOTA AND NORTHWEST MINNESOTA.THROUGH THIS SPECIAL MEMORIAL FUND, $500 OR $1,000 IS AVAILABLE TO INDIVIDUALS MEETING FUND CRITERIA. AN INDIVIDUAL MUST HAVE A LIFE THREATENING ILLNESS AND MEET FINANCIAL NEED TO RECEIVE A GRANT. THE SUZANNE JACOBSON MEMORIAL FUND (SJMF) CAN ASSIST WITH FUNDS FOR EXPENSES SUCH AS MEDICAL BILLS, TRANSPORTATION COSTS, GROCERIES, RENT, MEDICATIONS, AND UTILITIES. EACH APPLICANT MUST COMPLETE AN APPLICATION, WHICH IS REQUIRED BY LAW. A COMMITTEE VOTES ON WHO RECEIVES A GRANT BASED ON NEED AND ELIGIBILITY. NON-IDENTIFYING APPLICANT INFORMATION IS PRESENTED TO COMMITTEE MEMBERS AND STRICT CONFIDENCE IS EXERCISED THROUGHOUT THE SELECTION PROCESS.THE SJMF DESIGNATES A WEEK IN JUNE AS YELLOW ROSE WEEK IN WATERTOWN AND SURROUNDING COMMUNITIES SUCH AS MILBANK, SISSETON, CLARK, CLEAR LAKE, SOUTH SHORE AND WAVERLY. VOLUNTEERS SELL YELLOW ROSES TO RAISE MONEY FOR THIS FUND. YELLOW ROSE WEEK IS THE PRIMARY MEANS OF FINANCING THE SJMF. DURING YELLOW ROSE WEEK OTHER FUNDRAISERS MAY OCCUR.
THE FOUNDATION SUPPORTED THE CANCER CENTER, KIDNEY DIALYSIS, CHRISTY KINNEY "PAY IT FORWARD AND CARING CLUB HOUSE THIS YEAR WITH SEVERAL GRANTS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $502,280 | $315,374 | +0.6% |
| Expenses | $513,802 | $301,920 | +0.7% |
| Net Income | $-11,522 | $13,454 | -1.9% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| RIED HOLIEN | VICE PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MICHAEL JOHNSON | SECRETARY/TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| CARINA LITTLE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CHRIS CARTER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN HOLLEY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CLARK LIKNESS MD | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| PAM RAEDER | DIRECTOR | 1.00 |
Director
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$0 | $0 | $0 |
| JOSH HOGUE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| VICTORIE KINGSLIEN | DIRECTOR | 1.00 |
Director
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$0 | $0 | $0 |
| PAUL MACEK | EX OFFICIAL | 1.00 |
Director
|
$0 | $0 | $0 |
| DAN RADERSCHADT EFFECTIVE 3123 | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JEFFREY BRINDLE MD TERM END 3123 | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN ALLEN | EX OFFICIAL | 1.00 |
Director
|
$0 | $0 | $0 |
| TIM TOOMEY | DIRECTOR | 1.00 |
Director
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$0 | $0 | $0 |
| LUANN STRAIT | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| LISA DAHL | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $502,280 | $513,802 | $5,300,211 | $-11,522 |
| 2022 | $315,374 | $301,920 | $5,170,385 | $13,454 |
| 2021 | $667,141 | $195,080 | $5,492,948 | $472,061 |
| 2020 | $288,761 | $148,011 | $4,614,758 | $140,750 |
| 2019 | $269,167 | $474,727 | $4,448,047 | $-205,560 |
| 2018 | $500,681 | $477,366 | $3,978,933 | $23,315 |
Compare PRAIRIE LAKES HEALTHCARE FOUNDATION with other nonprofits in South Dakota and across the country.