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Glencoe Regional Health Services

Glencoe Regional Health

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

EIN: 411949230 ✦ Glencoe, MN ✦ Designated as a 501(c)(3)

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Overview

What is Glencoe Regional Health Services?

Glencoe Regional Health Services is a healthcare facility based in Glencoe, Minnesota. With a capacity for 49 beds, the organization offers medical and surgical services to acute and swing bed patients. Their major offerings include an Emergency Room, medical imaging, surgery, laboratory services, rehabilitation therapy, and clinic services. The mission of Glencoe Regional Health Services is to enhance lives through high-quality, safe, and accessible healthcare. With a dedication to strengthening healthcare, they connect communities, elevate the patient experience, engage employees, and deliver clinical excellence. The organization employs a total workforce of 764 individuals.


Official website here: www.grhsonline.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Stars) from Charity Navigator.

Glencoe Regional Health Services has achieved a Four-Star rating with an impressive score of 96%, indicating a strong commitment to accountability and financial health. This rating is based solely on their high performance in financial metrics, showcasing effective management oversight and a commitment to transparency in operations.

The organization boasts an independent board with 57% of members being independent, ensuring diverse perspectives in governance. Furthermore, their financial statements are thoroughly audited, and they have robust policies in place addressing conflicts of interest, whistleblower protections, and document retention, which enhances their credibility and trustworthiness.

However, while the strong financial metrics reflect their sustainability, there are no noted limitations in the available data. The high program expense ratio of 90.10% signifies a focus on direct service delivery, reinforcing their mission-driven approach to community health. Overall, Glencoe Regional Health Services appears to be a financially sound and accountable nonprofit.


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

Is Glencoe Regional Health Services legitimate?

Glencoe Regional Health Services is a legitimate nonprofit organization registered as a 501(c)(3) entity. Glencoe Regional Health Services 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: $1,771,813
Professional Fundraising Fees: $0
Other Salaries and Wages: $37,508,369

For more financial information, click here


Official website here: www.grhsonline.org

What is the mission statement of Glencoe Regional Health Services?

Glencoe Regional Health Services is committed to enhancing every life by providing top-notch, secure, and easily accessible healthcare services. The organization's primary goal is to strengthen the healthcare sector by connecting communities, enhancing patient experiences, boosting employee engagement, and ensuring clinical excellence. The healthcare facility houses 49 beds and offers medical/surgical services for both acute and swing bed patients. Key services provided encompass an emergency room, medical imaging, surgery, laboratory, rehabilitation therapy, and clinic services.


Official website here: www.grhsonline.org

Who is the CEO of Glencoe Regional Health Services?

Angela Erickson is the Chair of Glencoe Regional Health Services. The CEO's salary of Glencoe Regional Health Services is $262,083 and their total compensation is $294,115.


Official website here: www.grhsonline.org

What is the revenue of Glencoe Regional Health Services?

Glencoe Regional Health Services's revenue in 2022 was $74,161,133.


Official website here: www.grhsonline.org

Who are the executives of Glencoe Regional Health Services and what are their salaries?

The average compensation at Glencoe Regional Health Services during 2022 was $51,414. There are 764 employees and 76 volunteers at Glencoe Regional Health Services.


Here are 14 key members and their salaries (Glencoe Regional Health Services's CEO's salary is $262,083 and their total compensation is $294,115):


Scott Kuehn (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jan Bratsch (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Stoltenburg (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather Peirce (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Kristine Knudten (Director & Physician)
  • Compensation: $362,727
  • Related: $0
  • Other: $44,087
Dr Bryan Fritsch (Director & Physician)
  • Compensation: $301,285
  • Related: $0
  • Other: $41,515
Dr Bryan Petersen (Director & Physician)
  • Compensation: $486,739
  • Related: $0
  • Other: $44,632
Patricia Henderson (President & Ceo)
  • Compensation: $262,083
  • Related: $0
  • Other: $32,032
Angela Erickson (Cfo)
  • Compensation: $159,787
  • Related: $0
  • Other: $36,826
Dr Kristen Budahn (Physician)
  • Compensation: $557,528
  • Related: $0
  • Other: $36,988
Dr Elizabeth Colsen (Physician)
  • Compensation: $476,753
  • Related: $0
  • Other: $1,550
Dr Chad Robbins (Physician)
  • Compensation: $471,598
  • Related: $0
  • Other: $41,720
Joslin Thiemann Aprn (Advanced Practice Provider)
  • Compensation: $422,970
  • Related: $0
  • Other: $44,129
Dr Cody Wendlandt (Physician)
  • Compensation: $405,142
  • Related: $0
  • Other: $24,810


Official website here: www.grhsonline.org

Where can I find the form 990 for Glencoe Regional Health Services?

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


Official website here: www.grhsonline.org

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

Mission Statement of Glencoe Regional Health Services

Glencoe Regional Health Services, a dedicated healthcare organization, strives to enhance every life by providing top-notch, secure, and easily accessible healthcare services. The team at Glencoe Regional Health Services is committed to improving healthcare by fostering connections within communities, enhancing the patient experience, raising employee engagement, and delivering on clinical excellence.

This reputable healthcare provider offers medical care for both acute and swing bed patients, with services ranging from Emergency Rooms, medical imaging, surgery, laboratory, rehabilitation therapy, and clinic services. The 49-bed facility is licensed to accommodate a diverse range of medical needs, ensuring that patients receive the best possible care.

Glencoe Regional Health Services prides itself on its unwavering dedication to improving lives. Their mission extends beyond the hospital walls, as they work to strengthen healthcare and create a positive impact on their patients and communities. By connecting communities, enhancing patient experiences, elevating employee engagement, and delivering on clinical excellence, Glencoe Regional Health Services continues to make a difference in the lives of countless individuals.

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Impact




October, 2024

Glencoe Regional Health Services improves lives by delivering high-quality, safe, and accessible healthcare to the community. With a capacity of 49 beds, the facility provides vital medical and surgical services for both acute and swing bed patients. Major services offered include emergency care, medical imaging, surgery, laboratory services, rehabilitation therapy, and outpatient clinic services.

By focusing on strengthening healthcare connections within the community, Glencoe Regional Health Services enhances the overall patient experience and fosters employee engagement. Their commitment to clinical excellence ensures that residents of Glencoe and the surrounding areas receive comprehensive and compassionate care, making a significant positive impact on public health and community well-being.




This information is meant to be a general summary of Glencoe Regional Health Services. 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
$74,161,133 (2022)
Expenses
$74,218,441 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$276,114
  • Program Service Revenue: $71,909,782
  • Gross Receipts: $93,140,882

Assets and Liabilities:

  • Total Assets: $119,978,455
  • Total Liabilities: $30,820,623
  • Net Assets: $89,157,832

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Programs

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

HOSPITAL

Revenue

$61,080,650

NURSING HOME

Revenue

$10,236,735

SENIOR LIVING

Revenue

$592,397

Organization Details

Founding Year

1999

Principal Officer

Angela Erickson

Main Address

1805 HENNEPIN AVENUE NORTH, GLENCOE, MN, 553361416

NTEE Category

Code: E21 - Health

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