Overview
What is Centracare Health System - Melrose?
Centracare Health System - Melrose is a 14-bed critical access hospital located at 525 Main Street West in Melrose, Minnesota (ZIP code 56352). As part of the larger Centracare Health system, it is renowned for providing high-quality, comprehensive care in the areas of medical, surgical, diagnostic, and obstetrics services. The hospital offers 24-hour emergency room care, imaging, laboratory facilities, rehabilitation, chemotherapy, and acute care services to the Stearns County community. In fiscal year 2022, Centracare Health System - Melrose had 506 inpatient visits, 2,051 inpatient days, and 50,806 outpatient visits. Their mission is to listen, serve, guide, and heal, emphasizing that health means everything.
Official website here: www.centracare.com
What are the reviews and ratings of this charity?
Charity Navigator Rating 96% - Four-Star out of Four Star rating
Centracare Health System - Melrose has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization demonstrates a high level of transparency, with a majority of its board members being independent, and it has a solid track record in implementing critical governance policies, such as conflict of interest and whistleblower policies.
Financially, the organization shows a robust program expense ratio of 78.28%, indicating that a significant portion of its expenditures serves its mission. Additionally, the liabilities-to-assets ratio of 22.09% suggests a healthy balance sheet, with minimal risk of financial distress. Overall, these financial metrics reinforce its reputation as a responsible and effective nonprofit.
However, no specific limitations were noted in the data provided, allowing for a positive view of Centracare Health System - Melrose as they continue to serve their community with integrity and efficiency.
This AI summary has been generated from information found on Charity Navigator.
Is Centracare Health System - Melrose legitimate?
Centracare Health System - Melrose is a legitimate nonprofit organization registered as a 501(c)(3) entity. Centracare Health System - Melrose 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: $2,740,471
Professional Fundraising Fees: $0
Other Salaries and Wages: $22,045,297
For more financial information, click here
Official website here: www.centracare.com
What is the mission statement of Centracare Health System - Melrose?
Centracare Health System - Melrose is committed to serving the health needs of individuals in their entirety. Their mission is to listen attentively, serve effectively, guide compassionately, and heal thoroughly because they believe that health holds significant importance. As part of the larger Centracare Health system, this facility is recognized for delivering high-quality, comprehensive care in medical, surgical, diagnostic, and obstetrics services, along with emergency room care, imaging, laboratory services, rehabilitation, and chemotherapy. In the fiscal year 2022, they provided care for over 50,000 outpatient visits and 2,000 inpatient days, in addition to 506 inpatient visits.
Official website here: www.centracare.com
Who is the CEO of Centracare Health System - Melrose?
Kenneth Holmen is the CEO of Centracare Health System - Melrose The CEO's salary of Centracare Health System - Melrose is $0 and their total compensation is $1,761,954.
Official website here: www.centracare.com
What is the revenue of Centracare Health System - Melrose?
Centracare Health System - Melrose's revenue in 2023 was $54,897,942.
Official website here: www.centracare.com
Who are the executives of Centracare Health System - Melrose and what are their salaries?
There 10 volunteers at Centracare Health System - Melrose.
Here are 25 key members and their salaries (Centracare Health System - Melrose's CEO's salary is $0 and their total compensation is $1,761,954):
- Compensation: $0
- Related: $1,695,149
- Other: $66,805
- Compensation: $0
- Related: $533,299
- Other: $75,411
- Compensation: $0
- Related: $536,482
- Other: $2,519
- Compensation: $0
- Related: $415,417
- Other: $53,982
- Compensation: $0
- Related: $33,500
- Other: $0
- Compensation: $0
- Related: $31,500
- Other: $0
- Compensation: $0
- Related: $14,638
- Other: $0
- Compensation: $0
- Related: $12,000
- Other: $0
- Compensation: $0
- Related: $10,000
- Other: $0
- Compensation: $0
- Related: $10,000
- Other: $0
- Compensation: $0
- Related: $8,000
- Other: $0
- Compensation: $0
- Related: $4,000
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $820,436
- Other: $40,069
- Compensation: $0
- Related: $707,279
- Other: $73,386
- Compensation: $0
- Related: $534,452
- Other: $51,904
- Compensation: $0
- Related: $570,663
- Other: $46,279
- Compensation: $0
- Related: $393,247
- Other: $38,169
- Compensation: $0
- Related: $546,433
- Other: $44,326
- Compensation: $0
- Related: $457,159
- Other: $47,490
- Compensation: $0
- Related: $362,172
- Other: $68,306
- Compensation: $0
- Related: $354,269
- Other: $59,209
- Compensation: $0
- Related: $311,853
- Other: $70,980
- Compensation: $0
- Related: $384,531
- Other: $0
- Compensation: $0
- Related: $760,562
- Other: $56,068
Official website here: www.centracare.com
Where can I find the form 990 for Centracare Health System - Melrose?
Centracare Health System - Melrose's most recent form 990 was submitted in 2023 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 - Melrose
Centracare Health System - Melrose is dedicated to listening to and serving the needs of individuals in their entirety. Their guiding principle is that health holds significant meaning in every aspect of one's life. As a critical access hospital, Centracare Health System - Melrose offers acute care services in medical, surgical, diagnostic, and obstetrics areas, among others. Their comprehensive care includes a 24-hour emergency room, imaging, laboratory, rehabilitation, and chemotherapy. In the fiscal year 2022, they delivered 506 inpatient visits, 2,051 inpatient days, and 50,806 outpatient visits. The organization is an integral part of the larger Centracare Health system, which is known for its high-quality, all-encompassing healthcare delivery throughout the region. Centracare Health System - Melrose strives to provide essential healthcare services to the community, ensuring that every person receives the appropriate care they need.
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Impact
October, 2024
Centracare Health System - Melrose plays a vital role in the healthcare landscape of Stearns County, delivering high-quality, comprehensive medical services to the community. As a 14-bed critical access hospital, it provides essential acute care in various fields, including medical, surgical, diagnostic, and obstetrics. With a commitment to serving the entire community, the facility also offers a 24-hour emergency room, imaging, laboratory, rehabilitation, and chemotherapy services.
In fiscal year 2022, Centracare Health System - Melrose facilitated significant patient interactions, with 506 inpatient visits and 50,806 outpatient visits, demonstrating its critical role in local healthcare. Its dedication to listening, guiding, and healing reflects a comprehensive approach to health that emphasizes not only immediate medical needs but also long-term wellness. By being an integral part of the larger Centracare Health system, it ensures that residents have access to a wide range of health services, contributing to a healthier community overall.
This information is meant to be a general summary of Centracare Health System - Melrose. 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 2023.
- Investment Income: $1,168,114
- Program Service Revenue: $53,289,326
- Gross Receipts: $55,048,130
Assets and Liabilities:
- Total Assets: $80,850,643
- Total Liabilities: $29,133,899
- Net Assets: $51,716,744
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT & RESIDENT REV
Revenue
$51,480,190
SENIOR HOUSING REVENUE
Revenue
$1,211,758
OTHER PROGRAM REVENUE
Revenue
$597,378
Organization Details
Founding Year
1997
Principal Officer
Dr Kenneth Holmen
Website
www.centracare.comNTEE Category
Code: E22Z - Health
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