Overview
What is St Mary's Innovis Health?
St. Mary's Innovis Health is a charitable, educational, and scientific nonprofit organization based in Detroit Lakes, Minnesota. Established with the purpose of providing healthcare, education, care for the aged, and social services, it operates facilities that cater to these needs. The organization is dedicated to making a healthy difference in people's lives, as stated in its mission. Additionally, St. Mary's Innovis Health operates a retail pharmacy, serving both patients and non-patients of Essentia Health St. Mary's-Detroit Lakes. During the 2022 fiscal year, the pharmacy filled over 76,000 prescriptions. With a workforce of 13 individuals, St. Mary's Innovis Health is committed to its mission, providing vital healthcare services and support to the community.
Official website here: www.essentiahealth.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 89% (Three-Star out of Four Stars)
St Mary's Innovis Health has received a Three-Star rating from Charity Navigator, reflecting a strong emphasis on accountability and finance. The charity's overall score is based entirely on its financial practices, indicating a robust approach to managing resources effectively. Their commitment to transparency is evident in their majority-independent board, comprehensive audit oversight, and well-documented policies.
The organization has demonstrated excellent performance in key financial metrics, such as a 95.47% program expense ratio, showing that the vast majority of their resources are directed toward their programs. Additionally, they have a low liabilities-to-assets ratio of 43.10%, suggesting financial stability and responsible management of assets. Policies regarding conflicts of interest and whistleblower protections are also in place, adding to their credibility.
While the rating reflects a strong financial foundation, it does not provide insights into programmatic impact or community feedback. Therefore, while the charity exhibits sound financial practices, potential donors may want to consider looking for supplementary information about the effectiveness of its programs and the outcomes they achieve in the community.
This AI summary has been generated from information found on Charity Navigator.
Is St Mary's Innovis Health legitimate?
St Mary's Innovis Health is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Mary's Innovis Health submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $704,219
For more financial information, click here
Official website here: www.essentiahealth.org
What is the mission statement of St Mary's Innovis Health?
St. Mary's Innovis Health is committed to making a positive impact on people's health. This is encapsulated in their mission, which is to operate for charitable, educational, and scientific purposes. More specifically, they focus on owning, maintaining, and operating health care facilities, providing education, caring for the elderly, and offering social services. This includes offering charitable care to individuals who cannot afford it. St. Mary's Innovis Health also runs a retail pharmacy serving both patients and non-patients, filling over 76,000 prescriptions during the fiscal year ending June 30, 2022. The organization's activities are geared towards improving the health and well-being of the community.
Official website here: www.essentiahealth.org
Who is the CEO of St Mary's Innovis Health?
Tanner Goodrich is the President of St Mary's Innovis Health.
Official website here: www.essentiahealth.org
What is the revenue of St Mary's Innovis Health?
St Mary's Innovis Health's revenue in 2022 was $5,339,171.
Official website here: www.essentiahealth.org
Who are the executives of St Mary's Innovis Health and what are their salaries?
The average compensation at St Mary's Innovis Health during 2022 was $54,171. There are 13 employees at St Mary's Innovis Health.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $316,840
- Other: $61,150
- Compensation: $0
- Related: $287,313
- Other: $55,779
- Compensation: $0
- Related: $267,014
- Other: $46,127
- Compensation: $0
- Related: $176,679
- Other: $13,865
- Compensation: $146,503
- Related: $0
- Other: $15,039
- Compensation: $0
- Related: $30,750
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.essentiahealth.org
Where can I find the form 990 for St Mary's Innovis Health?
St Mary's Innovis Health's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.essentiahealth.org
Learn more at the official website: www.essentiahealth.org
Mission Statement of St Mary's Innovis Health
St. Mary's Innovis Health is dedicated to making a significant impact on people's health and wellbeing. Their mission, as stated, is to operate for charitable, educational, and scientific purposes. More specifically, this organization is established to manage, operate, and assist in healthcare, education, care for the elderly, and social services. They extend their reach to provide charitable care to individuals who are financially unable to pay. St. Mary's Innovis Health goes beyond their core activities by operating a retail pharmacy, serving both patients and non-patients of Essentia Health St. Mary's-Detroit Lakes, a related organization. During the fiscal year ending June 30, 2022, this pharmacy filled over 76,000 prescriptions, demonstrating their commitment to healthcare accessibility.
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Impact
October, 2024
St. Mary's Innovis Health significantly impacts the community by prioritizing the well-being of individuals through comprehensive healthcare services. Their commitment to making a healthy difference manifests in various ways, including the operation of facilities that cater to healthcare needs, education, and social services tailored for the elderly and those in financial distress.
In the past fiscal year alone, the organization filled over 76,000 prescriptions through its retail pharmacy, benefiting both patients and the broader community. This activity not only addresses immediate health needs but also fosters a culture of health awareness and accessibility, ensuring that services are available to everyone, regardless of their ability to pay. Through its dedicated efforts, St. Mary's Innovis Health plays a vital role in enhancing public health and improving the quality of life for residents in Detroit Lakes, MN.
This information is meant to be a general summary of St Mary's Innovis Health. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$5,239
- Program Service Revenue: $5,284,652
- Gross Receipts: $5,607,888
Assets and Liabilities:
- Total Assets: $3,211,415
- Total Liabilities: $2,229,537
- Net Assets: $981,878
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PHARMACY
Revenue
$5,284,652
Organization Details
Founding Year
2008
Phone
(218) 847-5611Principal Officer
Tanner Goodrich
Main Address
1027 WASHINGTON AVE, DETROIT LAKES, MN, 56501
Website
www.essentiahealth.orgNTEE Category
Code: E20 - Health
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