ESSENTIA HEALTH ACO INC

EIN: 993256474 501(c)(3)

DULUTH, MN

Total Revenue
N/A
Total Expenses
N/A
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2024
Legal Domicile
DE
Principal Officer
CATHY CANTOR MD
Phone
2187868376
Tax Period
2024-07-01 to 2025-06-30

Mission

WE ARE CALLED TO MAKE A HEALTHY DIFFERENCE IN PEOPLE'S LIVES.

Program Service Accomplishments

Program 1

ESSENTIA HEALTH ACO, INC. IS CREATED AND ORGANIZED EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, EDUCATIONAL, AND SCIENTIFIC PURPOSES, INCLUDING, FOR SUCH PURPOSES, THE MAKING OF DISTRIBUTIONS TO...

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ESSENTIA HEALTH ACO, INC. IS CREATED AND ORGANIZED EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, EDUCATIONAL, AND SCIENTIFIC PURPOSES, INCLUDING, FOR SUCH PURPOSES, THE MAKING OF DISTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED AND CORRESPONDING TREASURY REGULATIONS. IN PARTICULAR, ESSENTIA HEALTH ACO, INC. SHALL ADVANCE THE PROMOTION OF HEALTH THROUGH RELATIONSHIPS WITH INDIVIDUAL AND INSTITUTIONAL HEALTH CARE PROVIDERS AND OUTSIDE PARTIES FOR THE PURPOSE OF REDUCING THE COST AND BURDENS OF GOVERNMENT AND PARTICIPATING IN "SHARED SAVINGS AND SIMILAR INNOVATIVE PROGRAMS AND CONDUCTING RELATED CHARITABLE AND EDUCATIONAL ACTIVITIES, TO INCLUDE, WITHOUT LIMITATION, PROMOTING ACCOUNTABILITY FOR THE QUALITY, COST, AND OVERALL CARE FOR PATIENT CARE POPULATIONS; MANAGING AND COORDINATING CARE FOR RECIPIENTS OF HEALTH CARE SERVICES THROUGH ESSENTIA HEALTH ACO, INC.'S ACTIVITIES; ENCOURAGING INVESTMENT IN INFRASTRUCTURE AND REDESIGNED CARE PROCESSES FOR HIGH QUALITY AND EFFICIENT SERVICE DELIVERY FOR MEDICARE BENEFICIARIES AND OTHER PATIENTS; AND ASSISTING HEALTH CARE PROVIDERS IN IMPROVING THE QUALITY AND EFFICIENCY OF HEALTH CARE SERVICES. ESSENTIA HEALTH ACO, INC. IS ORGANIZED AND WILL BE OPERATED EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF ITS SUPPORTED ORGANIZATIONS AS LISTED ON SCHEDULE A OF FORM 990.THE SUPPORTED ORGANIZATIONS OF ESSENTIA HEALTH ACO, INC. FILE SEPARATE FORM 990S. ESSENTIA HEALTH ACO, INC. DOES NOT HAVE ANY REVENUES OR EXPENSES NOT ALREADY REPORTED ON THOSE 990S.ESSENTIA HEALTH IS THE PARENT ORGANIZATION OF AN INTEGRATED HEALTH SYSTEM THAT INCLUDES THIS ORGANIZATION AND ALL ENTITIES THAT ARE OWNED OR CONTROLLED, DIRECTLY OR INDIRECTLY, BY ESSENTIA HEALTH (COLLECTIVELY, THE "SYSTEM OR "ESSENTIA HEALTH").

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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 $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2024 2023 Change
Revenue N/A N/A N/A
Expenses N/A N/A N/A
Net Income N/A N/A N/A
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

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

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
N/A
Employees
N/A
Volunteers
N/A

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
$5,918,067
Total Directors
11
$5,685,849
Key Employees
1
$621,699
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TRACI MORRIS TREASURER/REL ORG CHIEF FINCL OFF 1.00
Officer
$0 $144,686 $1,199,416
KRISTA SKORUPA MD BOARD CHAIR/RELATED ORG PRESIDENT 1.00
Officer Director
$0 $146,142 $952,538
ROBERT GREEN SNR VICE PRES, FINANCIAL OPERATIONS 1.00
Officer
$0 $151,254 $933,836
MICHAEL WATTERS SECRETARY/REL ORG CHIEF LEGAL OFF 1.00
Officer
$0 $151,399 $924,527
MARK THOMPSON MD BD CHAIR THRU 7/24 & REL ORG PRES 1.00
Officer Director
$0 $40,293 $742,423
CATHY CANTOR MD PRESIDENT 1.00
Officer
$0 $138,024 $724,718
MARY D STRASSER SENIOR VP, POPULATION HEALTH 1.00
Key Emp
$0 $116,861 $621,699
TANYA DIEGEL DO BD DIRECTOR/REL ORG PHYS & DIV CHAIR 1.00
Director
$0 $66,608 $610,193
ADAM RIUTTA MD BD DIRECTOR/REL ORG ASSOCIATE CMO 1.00
Director
$0 $70,110 $586,265
MICHAEL STERNS MD BD DIRECTOR/RELATED ORG PHYSICIAN 1.00
Director
$0 $57,247 $500,939
SARAH NELSON MD BD DIRECTOR/REL ORG PHYS & SEC CHAIR 1.00
Director
$0 $45,975 $499,268
MICHAEL HAARSTAD MD BD DIRECTOR/RELATED ORG PHYSICIAN 1.00
Director
$0 $73,276 $493,718
TAYLOR MERTZ MD BD DIRECTOR/REL ORG PHYS & SEC CHAIR 1.00
Director
$0 $67,780 $443,642
BRUCE SMITH MD BD VC THRU 1/25/REL ORG PHYS & DIV CHR 1.00
Officer Director
$0 $64,022 $440,609
JAN BALDWIN MD BOARD DIRECTOR/RELATED ORG PHYSICIAN 1.00
Director
$0 $50,172 $308,234
SHEILA HART BD DIRECTOR/FMR REL ORG SVP-INT CARE DEL 1.00
Director
$0 $0 $108,020
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
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