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Centracare Health System

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

EIN: 411813221 ✦ St cloud, MN ✦ Designated as a 501(c)(3)

Overview

What is Centracare Health System?

Centracare Health System (CCHS) is a comprehensive integrated healthcare organization based in St. Cloud, Minnesota. It encompasses six critical access hospitals, two acute care hospitals, a multispecialty clinic, a surgical center, retail pharmacy network, nursing home, and a foundation. Centracare Laboratory, a significant division of the system, conducted 2.24 million tests in fiscal year 2022, generating $115.68 million in revenue and incurring $94.64 million in expenses. Centracare Surgical Center offers elective surgeries to patients in the central Minnesota region, completing 6,498 procedures in fiscal year 2022, with $14.92 million in revenue and $12.71 million in expenses. CCHS aims to provide quality healthcare services at affordable prices, serving its patients in multiple areas. Their mission is to listen, guide, and heal, recognizing that health means everything. With a workforce of over 15,000 employees, the system is dedicated to serving its community through various healthcare offerings.


Official website here: www.centracare.com

Is Centracare Health System legitimate?

Centracare Health System is a legitimate nonprofit organization registered as a 501(c)(3) entity. Centracare Health System 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.

Here are some key statistics you may want to consider:

Executive Compensation: $16,437,186
Professional Fundraising Fees: $0
Other Salaries and Wages: $193,085,751

For more financial information, click here


Official website here: www.centracare.com

What is the mission statement of Centracare Health System?

Centracare Health System is a comprehensive healthcare organization, consisting of six critical access hospitals, two acute care hospitals, a multi-specialty clinic, surgical center, retail pharmacy network, nursing home, and a foundation. Dedicated to delivering quality healthcare services at affordable prices, Centracare Health System aims to support its patients throughout their lives. Its mission statement reflects a commitment to listen, serve, guide, and heal, emphasizing the importance of health in every aspect. Centracare Laboratory Services, a part of the organization, performed over two million tests in FY 2022 and generated significant revenue. Centracare Surgical Center offers elective surgery procedures to patients in the region and generated over $14 million in program revenue during the same fiscal year.


Official website here: www.centracare.com

Who is the CEO of Centracare Health System?

Kenneth D Holmen Md is the Principal Officer of Centracare Health System. The CEO's salary of Centracare Health System is $1,690,800 and their total compensation is $1,735,985.


Official website here: www.centracare.com

What is the revenue of Centracare Health System?

Centracare Health System's revenue in 2022 was $622,933,545.


Official website here: www.centracare.com

Who are the executives of Centracare Health System and what are their salaries?

The average compensation at Centracare Health System during 2022 was $13,453. There are 15,575 employees and 297 volunteers at Centracare Health System.

Here are 38 key members and their salaries (Centracare Health System's CEO's salary is $1,690,800 and their total compensation is $1,735,985):

    Kenneth Holmen Md (President/Ceo) [Trustee/Director]
  • Compensation: $1,690,800
  • Related: $0
  • Other: $45,185

    • Craig Broman (Chief Operating Officer/Evp)
  • Compensation: $1,157,044
  • Related: $0
  • Other: $17,026

    • Cindy Firkins Smith Md (Vice President)
  • Compensation: $911,392
  • Related: $0
  • Other: $54,651

    • Tom Schrup Md (Chief Physician Officer/Evp)
  • Compensation: $788,637
  • Related: $0
  • Other: $48,947

    • Joy Plamann Rn (Vice President)
  • Compensation: $778,292
  • Related: $0
  • Other: $22,525

    • Joseph Kalkman (Chief Human Resources Offcr/Sr Vp)
  • Compensation: $727,052
  • Related: $0
  • Other: $54,915

    • Tod Speer (Physician)
  • Compensation: $724,980
  • Related: $0
  • Other: $55,664

    • Michael Blair (Chief Financial Off./Sr Vp/Treasurer)
  • Compensation: $696,579
  • Related: $0
  • Other: $54,992

    • Yun Chau Lee (Physician)
  • Compensation: $639,410
  • Related: $0
  • Other: $33,197

    • Jonathan Silva (Anesthesiologist)
  • Compensation: $615,903
  • Related: $0
  • Other: $47,707

    • Amy Porwoll (Chief Information System Offcr/Sr Vp)
  • Compensation: $581,153
  • Related: $0
  • Other: $52,457

    • George Morris Md (Vice President)
  • Compensation: $570,793
  • Related: $0
  • Other: $52,472

    • Joseph Blonski Md (Vice President)
  • Compensation: $568,589
  • Related: $0
  • Other: $52,510

    • Pao Vang (Physician)
  • Compensation: $505,177
  • Related: $0
  • Other: $52,012

    • Christian Schmidt Md (Director)
  • Compensation: $508,558
  • Related: $0
  • Other: $47,990

    • Santo Cruz (Chief Legal Officer/Sr Vp/Secretary)
  • Compensation: $495,979
  • Related: $0
  • Other: $45,247

    • John R Hering (Former Key Employee)
  • Compensation: $486,552
  • Related: $0
  • Other: $48,115

    • Eric Westberg (Physican)
  • Compensation: $490,534
  • Related: $0
  • Other: $28,342

    • Anthony Gardner (Chief Marketing & Comm. Offcr/Sr Vp)
  • Compensation: $447,036
  • Related: $0
  • Other: $36,652

    • Joseph Hellie (Vice President)
  • Compensation: $428,183
  • Related: $0
  • Other: $51,302

    • Bryan Rolph Md (Director)
  • Compensation: $456,324
  • Related: $0
  • Other: $2,687

    • Lynn Mcfarling Md (Vice President)
  • Compensation: $403,510
  • Related: $0
  • Other: $46,529

    • Kathleen Parsons (Vice President)
  • Compensation: $388,097
  • Related: $0
  • Other: $49,249

    • Brad Konkler (Vice President)
  • Compensation: $383,225
  • Related: $0
  • Other: $54,002

    • David Larson (Vice President)
  • Compensation: $375,071
  • Related: $0
  • Other: $45,479

    • Richard Wehseler Md (Director)
  • Compensation: $361,850
  • Related: $0
  • Other: $51,695

    • Catherine Greenlee (Vice President)
  • Compensation: $284,509
  • Related: $0
  • Other: $37,819

    • Bobbie Bertram Aprn (Director (Beg 9/16/21))
  • Compensation: $160,634
  • Related: $0
  • Other: $48,657

    • Debra G Peterson (Fromer Key Employee)
  • Compensation: $139,399
  • Related: $0
  • Other: $4,095

    • David Anfinson (Vice Chair) [Trustee/Director]
  • Compensation: $3,667
  • Related: $0
  • Other: $0

    • Steve Laraway (Board Chair) [Trustee/Director]
  • Compensation: $3,500
  • Related: $0
  • Other: $0

    • Bob Thueringer (Director)
  • Compensation: $1,000
  • Related: $0
  • Other: $0

    • James Hebl Md (Director)
  • Compensation: $1,000
  • Related: $0
  • Other: $0

    • Jeff Gau (Director)
  • Compensation: $1,000
  • Related: $0
  • Other: $0

    • Joe Uphus (Director)
  • Compensation: $1,000
  • Related: $0
  • Other: $0

    • Michelle Johnson (Director)
  • Compensation: $1,000
  • Related: $0
  • Other: $0

    • Tim Wensman (Director)
  • Compensation: $1,000
  • Related: $0
  • Other: $0

    • Father Tom Knoblach (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.centracare.com

    Where can I find the form 990 for Centracare Health System?

    The Centracare Health System’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.centracare.com

    Learn more at the official website: www.centracare.com

    Mission Statement of Centracare Health System

    Centracare Health System, a comprehensive integrated healthcare organization, is dedicated to providing quality healthcare services to individuals at affordable prices. With a mission to listen, serve, guide, and heal, Centracare Health System goes above and beyond for the wellbeing of its patients.

    The system, consisting of six critical access hospitals, two acute care hospitals, a multi-specialty clinic, surgical center, retail pharmacy network, nursing home, and a foundation, serves its patients in various capacities. Centracare Laboratory Services, a significant component of the organization, conducts tests for all hospitals under its umbrella and external facilities in the region. In Fiscal Year 2022, the laboratory performed an impressive 2,238,477 tests, generating $115,675,382 in program revenue and incurring $94,640,833 in program expenses.

    Centracare Surgical Center is another integral part of the system, offering elective surgery procedures to patients in the central Minnesota region. In Fiscal Year 2022, the center performed a noteworthy 6,498 surgeries, generating $14,920,775 in program revenue and $12,707,495 in program expenses. These figures underscore Centracare Health System's commitment to delivering superior healthcare services to its patients.

    Impact

    This information is meant to be a general summary of Centracare Health System. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Centracare Health System's impact is profound, touching the lives of numerous individuals in the central Minnesota region. Through its integrated network of hospitals, clinics, surgical centers, pharmacies, nursing homes, and foundation, Centracare Health System ensures that its patients have access to quality healthcare services at an affordable price. The system's laboratories conduct millions of tests annually, contributing significantly to patient care and diagnostics. Additionally, the surgical center performs thousands of surgeries, enhancing the well-being of patients in need.

    By providing comprehensive healthcare services and being committed to its mission of being present throughout individuals' entire lives, Centracare Health System plays a crucial role in promoting the health and well-being of the community it serves.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $9,603,783
  • Program Service Revenue: $492,064,992
  • Gross Receipts: $630,650,409

    • Assets and Liabilities:
  • Total Assets: $913,072,774
  • Total Liabilities: $574,209,803
  • Net Assets: $338,862,971
  • Programs

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

    PATIENT & SERVICE REV

    Revenue

    $458,301,735

    HEALTH INS. PREMIUM

    Revenue

    $22,332,049

    SHARED/LEGAL SYSTEM

    Revenue

    $11,431,208

    Organization Details

    Founding Year

    1995

    Principal Officer

    Kenneth D Holmen Md

    Main Address

    1406 6TH AVENUE NORTH, ST CLOUD, MN, 56303

    NTEE Category

    Code: E21 - Health

    If you are a representative of Centracare Health System and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.