St Benedict Health Center Foundation

EIN: 460458725 501(c)(3)

Parkston, SD

Total Revenue
$175,160
Total Expenses
$108,506
Total Assets
$1,699,579
Net Assets
$1,699,579
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
SD
Principal Officer
Lindsay Weber
Phone
6059283311
Tax Period
2021-07-01 to 2022-06-30

St Benedict Health Center Foundation, founded in 1999, is a small nonprofit that reported $175K in total revenue in fiscal year 2021. The organization ran a surplus of $67K, a strong 38% operating margin.

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: $92,769

The purpose of the Foundation is to operate and act exclusively as a public foundation for the benefit of St. Benedict Health Center. The Foundation is pledged to support health related services...

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The purpose of the Foundation is to operate and act exclusively as a public foundation for the benefit of St. Benedict Health Center. The Foundation is pledged to support health related services, including education of health care professionals, in a timely and fiscally responsible manner, thereby strengthening the holistic role of its affiliated organizations and programs.

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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 (2021)

Revenue Breakdown

Contributions & Grants $151,051
Program Service Revenue $0
Investment Income $24,109
Other Revenue $0
TOTAL REVENUE $175,160

Expense Breakdown

Grants Paid $92,769
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $92,769
Other Expenses $15,737
TOTAL EXPENSES $108,506

Year-over-Year Comparison

2021 2020 Change
Revenue $175,160 $178,495 0.0%
Expenses $108,506 $37,920 +1.9%
Net Income $66,654 $140,575 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
8

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
$211,040
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Christopher Braley Chair 3.00
Officer Director
$0 $0 $0
Glenn Harnisch Vice Chair 0.30
Officer Director
$0 $0 $0
Diane Sandhoff Secretary 0.30
Officer Director
$0 $0 $0
Robert Monson Director 0.30
Director
$0 $0 $0
Mark Morehouse Director 0.30
Director
$0 $0 $0
Jerauld Heinert Director 0.30
Director
$0 $0 $0
Mike Bowar Director 0.30
Director
$0 $0 $0
Dan Neugebauer Director 0.30
Director
$0 $0 $0
Rita Blasius - President CEO St. Benedict Health Center 0.50
Officer
$0 $23,597 $211,040
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
2022 $175,160 $108,506 $1,699,579 $66,654
2022 $31,063 $22,716 No data $8,347
2021 $178,495 $37,920 $1,857,239 $140,575
2020 $247,039 $78,701 $1,518,779 $168,338
2019 $299,603 $106,007 $1,389,221 $193,596
2018 $172,344 $10,484 $1,187,886 $161,860
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