Skip to content
Nonprofiteer
← ST LUKES FOUNDATION

Form 990 for tax year 2024

Filed by ST LUKES FOUNDATION.

This return was superseded by a later amendment. matched by us It is kept because history is preserved rather than replaced.

What the amendment changed

Compared with the latest return for 2024 , filed 12 May 2026. matched by us Only the Part I totals and the names listed in Part VII are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Total revenue
$1,033,661 changed to $2,273,026
Total expenses
$666,162 changed to $2,025,079
Contributions and grants received
$711,506 changed to $1,692,086
Grants paid
$357,739 changed to $1,384,327
Investment income
$322,155 changed to $758,338
Other revenue
$0 changed to -$177,398
Total assets, end of year
$16,474,374 changed to $18,199,938
Total liabilities, end of year
$1,784,226 changed to $2,885,602
Net assets or fund balances, end of year
$14,690,148 changed to $15,314,336
Program services expenses
$357,739 changed to $1,871,067
Management and general expenses
$308,423 changed to $154,012
Program service expenses (Part III)
$357,739 changed to $1,871,067

Listed only on the earlier return

  • Jeffrey Jones

Listed under a different title

  • Dr Waldo Avello: DIRECTOR then DIRECTOR/PHYSICIAN
  • Eric Lohn: CO-PRESIDENT/CEO & CFO then CO-PRES./CEO & CFO (THRU 09/24)
  • Jerry M Yang: SVP - CHIEF FINANCIAL OFFICER then SVP-CHIEF FINANCIAL OFFICER
  • Jon Niemi: DIRECTOR then DIRECTOR/PHYSICIAN
  • Pakou Ly: DIRECTOR (THRU JUNE 2024) then DIRECTOR (THRU 01/25)
  • Roni Salo: DIRECTOR then DIRECTOR (THRU 01/25)

Totals

Total revenue
$1,033,661
Total expenses
$666,162
Contributions and grants received
$711,506
Grants paid
$357,739
Program service revenue
$0
Investment income
$322,155
Other revenue
$0
Total assets, end of year
$16,474,374
Total liabilities, end of year
$1,784,226
Net assets or fund balances, end of year
$14,690,148
Program services expenses (Part IX)
$357,739
Management and general expenses
$308,423
Fundraising expenses
$0
Program service expenses (Part III)
$357,739

Program services were 53.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $711,506

  • 1g · Noncash contributions included above

    $57,430

  • 3 · Investment income

    total $148,195 · excluded $148,195

  • 7a · Gross sales of assets other than inventory

    securities $173,960

  • 7b · Less cost or other basis and sales expenses

    securities $0

  • 7c · Gain or loss

    securities $173,960

  • 7d · Net gain or loss

    total $173,960 · excluded $173,960

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $357,739 · program services $357,739

  • 7 · Other salaries and wages

    total $225,373 · management and general $225,373

  • 10 · Payroll taxes

    total $15,934 · management and general $15,934

  • 11c · Fees: accounting

    total $2,500 · management and general $2,500

  • 11f · Fees: investment management

    total $5,124 · management and general $5,124

  • 11g · Fees: other

    total $21,588 · management and general $21,588

  • 13 · Office expenses

    total $555 · management and general $555

  • 17 · Travel

    total $2,073 · management and general $2,073

  • 19 · Conferences, conventions and meetings

    total $2,431 · management and general $2,431

  • 24a · Other expenses: REPAIRS AND MAINTENANCE

    total $20,516 · management and general $20,516

  • 24b · Other expenses: DUES AND SUBSCRIPTIONS

    total $10,448 · management and general $10,448

  • 24c · Other expenses: BAD DEBT EXPENSE

    total $1,577 · management and general $1,577

  • 24e · All other expenses

    total $304 · management and general $304

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,004,099 · end of year $360,752

  • 3 · Pledges and grants receivable

    beginning of year $139,228 · end of year $219,960

  • 4 · Accounts receivable

    beginning of year $15,223 · end of year $22,169

  • 9 · Prepaid expenses and deferred charges

    beginning of year $4,167 · end of year $2,917

  • 11 · Investments: publicly traded securities

    beginning of year $13,311,719 · end of year $15,868,576

  • 17 · Accounts payable and accrued expenses

    beginning of year $32,087 · end of year $22,491

  • 18 · Grants payable

    beginning of year $24,264 · end of year $214,006

  • 19 · Deferred revenue

    beginning of year $1,605,600 · end of year $1,464,000

  • 25 · Other liabilities

    beginning of year $141,303 · end of year $83,729

  • 27 · Net assets without donor restrictions

    beginning of year $7,460,530 · end of year $7,981,943

  • 28 · Net assets with donor restrictions

    beginning of year $6,210,652 · end of year $6,708,205

Mission and programs · 2024

Mission

ST. LUKE'S FOUNDATION PROVIDES FINANCIAL SUPPORT TO ST. LUKE'S HOSPITAL OF DULUTH AND THE REGION IT SERVES TO ADVANCE PATIENT CARE, HEALTH EDUCATION, AND CLINICAL RESEARCH.

Activities or mission (Part I)

ST. LUKE'S FOUNDATION PROVIDES FINANCIAL SUPPORT TO ST. LUKE'S HOSPITAL OF DULUTH AND THE REGION.

  • TO MAKE GRANTS TO ST. LUKE'S HOSPITAL OF DULUTH AND OTHER ORGANIZATIONS TO PURCHASE MEDICAL EQUIPMENT & SUPPLIES AND TO PROVIDE HEALTHY LIFESTYLE EDUCATION TO BOTH PUBLIC & HOSPITAL EMPLOYEES. DURING THE FISCAL YEAR ENDED JUNE 30TH, 2024, ST. LUKE'S FOUNDATION PROVIDED $357,759 IN GRANTS TO ST. LUKE'S HOSPITAL OF DULUTH AND OTHER ORGANIZATIONS.

    Expenses $357,739 · Grants $357,739

As filed on the 2024 return.

Listed in Part VII

  • Jc Welles

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Carmen Wendland

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Steven Dastoor

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Kerstyn Hendricks

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Scott Lyons

    PAST CHAIR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Wendy Althoen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Dr Waldo Avello

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 39 related

  • Judy Harvey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Lindsey Jacobson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • John Lawien

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Pakou Ly

    DIRECTOR (THRU JUNE 2024)

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Jon Niemi

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 39 related

  • Karen Olson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Roni Salo

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Carrie Scherer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Andrew Weisz

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Matthew Heywood

    PRESIDENT & CEO ASPIRUS

    Total calculated
    $0
    Hours/week
    2 + 50 related

  • Jeffrey Jones

    SVP-CFO (THRU 04/23)

    Total calculated
    $0
    Hours/week
    2 + 50 related

  • Jerry M Yang

    SVP - CHIEF FINANCIAL OFFICER

    Total calculated
    $0
    Hours/week
    2 + 50 related

  • Eric Lohn

    CO-PRESIDENT/CEO & CFO

    Total calculated
    $0
    Hours/week
    2 + 38 related

  • Nicholas Van Deelen MD

    CO-PRESIDENT/CEO & CMO

    Total calculated
    $0
    Hours/week
    1 + 39 related

  • Catherine Carter Huber

    EXECUTIVE DIRECTOR/CDO

    Total calculated
    $0
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • NORTHERN LAKES SURGERY CENTER LLC

    SURGICAL SERVICES · MN

Provenance

Return type
form_990
Tax year
2024
Filed
12 May 2025
IRS schema version
2024v5.1
Source object
202541359349307334

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.