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Stratis Health

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 410971557 ✦ Bloomington, MN ✦ Designated as a 501(c)(3)

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Overview

What is Stratis Health?

Stratis Health is a distinguished nonprofit organization, stationed in the realm of health care quality and safety. Their primary mission is to foster collaboration and innovation, serving as a reliable guide in driving improvements for individuals and communities. As a trusted expert, they facilitate advancements in this field, ensuring a higher standard of care for all.


Official website here: www.stratishealth.org

What are the reviews and ratings of this charity?

91% Rating from Charity Navigator

Stratis Health has received a distinguished Four-Star out of Four Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial transparency. The organization scored 91% in its overall accountability and finance evaluation, which is crucial for potential donors looking for trustworthy nonprofits.

The organization demonstrates impressive governance with a fully independent board and a solid structure for financial oversight. Stratis Health's policies on conflicts of interest, whistleblower protections, and document retention are in place and well-documented, contributing to its high accountability score. The low liabilities to assets ratio indicates sound financial health.

One noted limitation is that the program expense ratio stands at 66.09%, which, while relatively high, suggests room for improvement in allocating more resources directly towards programs. Overall, the data indicates that Stratis Health is a well-managed organization with a focus on transparency and accountability, making it a favorable option for donors.


This AI summary has been generated from information found on Charity Navigator.

Is Stratis Health legitimate?

Stratis Health is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stratis 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: $472,571
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,744,598

For more financial information, click here


Official website here: www.stratishealth.org

What is the mission statement of Stratis Health?

Stratis Health, as a non-profit organization, spearheads collaboration and innovation in the realm of health care quality and safety. Acting as a reliable resource, Stratis Health facilitates improvements aimed at benefiting individuals and communities. Their primary mission is to lead the way in enhancing the quality and safety of healthcare services, serving as a trusted authority in this field.


Official website here: www.stratishealth.org

Who is the CEO of Stratis Health?

Jennifer P Lundblad is the Director, Chair (Through 12/31/21), Immediate Past of Stratis Health. The CEO's salary of Stratis Health is $280,345 and their total compensation is $307,803.


Official website here: www.stratishealth.org

What is the revenue of Stratis Health?

Stratis Health's revenue in 2022 was $6,349,766.


Official website here: www.stratishealth.org

Who are the executives of Stratis Health and what are their salaries?

The average compensation at Stratis Health during 2022 was $80,429. There are 40 employees and 17 volunteers at Stratis Health.


Here are 22 key members and their salaries (Stratis Health's CEO's salary is $280,345 and their total compensation is $307,803):


Kenneth Johnson Mba (Director, Chair (Through 12/31/21), Immediate Past)
  • Compensation: $0
  • Related: $0
  • Other: $0
Renee Frauendienst Rn Bsn Cpi (Director, Vice Chair (Through 12/31/21) Chair (As)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arthur Berman Mba (Director, Treasurer (Through 12/31/21))
  • Compensation: $0
  • Related: $0
  • Other: $0
David Satin Md (Director, Secretary (Through 12/31/21))
  • Compensation: $0
  • Related: $0
  • Other: $0
Ruby Schoen Aprn Cnp (Director, Vice Chair (As Of 1/1/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie Carsello (Director, Treasurer (As Of 1/1/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
John Selstad (Director, Secretary (As Of 1/1/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Cullen Cae (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laurie Drill-Mellum Md Mph (Director (Through 12/31/21))
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Fluharty Mph (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Holder Md Abfm Dea (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jan Malcolm (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Monsen Phd Rn Famia (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Reuben Moore Edd Mba (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patina Park Jd (Director (As Of 1/1/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Stivland Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer P Lundblad Phd Mba (President & Ceo)
  • Compensation: $280,345
  • Related: $0
  • Other: $27,458
Jane Pederson Md (Chief Medical Quality Officer)
  • Compensation: $206,756
  • Related: $0
  • Other: $7,332
Catherine Weik Mal Sphr (Senior Vp Admin)
  • Compensation: $189,761
  • Related: $0
  • Other: $24,060
Elizabeth Jeppesen Rn Bsn (Senior Vp Quality)
  • Compensation: $178,279
  • Related: $0
  • Other: $32,660
Susan K Severson Cphit Cpher (Vp Health Information Tech)
  • Compensation: $145,876
  • Related: $0
  • Other: $31,503
Michael J Novak (Vp Finance/Cfo)
  • Compensation: $160,246
  • Related: $0
  • Other: $14,246


Official website here: www.stratishealth.org

Where can I find the form 990 for Stratis Health?

Stratis Health's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.stratishealth.org

Learn more at the official website: www.stratishealth.org

Mission Statement of Stratis Health

Stratis Health, a renowned non-profit organization, is committed to leading collaboration and innovation in the realm of health care quality and safety. Acting as a trusted expert, Stratis Health facilitates improvements for people and communities by fostering collaboration and driving innovation. The organization's mission is to serve as a catalyst for transforming the healthcare sector, ensuring that it prioritizes quality and safety, thereby benefiting individuals and communities at large.

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Impact




July, 2024

Stratis Health's impact lies in its leadership in collaboration and innovation in healthcare quality and safety. It serves as a trusted expert in facilitating improvement for people and communities. With a focus on enhancing healthcare standards and practices, Stratis Health plays a crucial role in advancing the overall quality and safety of healthcare services for the benefit of individuals and communities.




This information is meant to be a general summary of Stratis 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.

Revenue
$6,349,766 (2022)
Expenses
$6,272,457 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1
  • Program Service Revenue: $1,289,662
  • Gross Receipts: $6,349,766

Assets and Liabilities:

  • Total Assets: $5,213,590
  • Total Liabilities: $714,412
  • Net Assets: $4,499,178

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

FEES AND CONTRACTS

Revenue

$1,289,662

Organization Details

Founding Year

1971

Principal Officer

Jennifer P Lundblad

Main Address

2901 METRO DRIVE 400, BLOOMINGTON, MN, 55425

NTEE Category

Code: T99Z - Philanthropy

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