Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: EARNED MEDICAL PREMIUM

  total $3,047,144,238 · related or exempt $3,047,144,238

• 2b · Program service revenue: EARNED DENTAL PREMIUMS

  total $70,180,697 · related or exempt $70,180,697

• 2c · Program service revenue: MEDICAL SERVICES REVEN

  total $8,834,437 · related or exempt $8,834,437

• 3 · Investment income

  total $35,735,144 · excluded $35,735,144

• 6a · Gross rents

  real property $9,064,960

• 6b · Less rental expenses

  real property $1,738,278

• 6c · Rental income or loss

  real property $7,326,682

• 6d · Net rental income or loss

  total $7,326,682 · excluded $7,326,682

• 7a · Gross sales of assets other than inventory

  securities $18,181,394

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

  securities $8,872,686

• 7c · Gain or loss

  securities $9,308,708

• 7d · Net gain or loss

  total $9,308,708 · excluded $9,308,708

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $1,577,184 · program services $1,577,184

• 7 · Other salaries and wages

  total $103,091,669 · program services $8,056,325 · management and general $95,035,344

• 8 · Pension plan contributions

  total $6,506,498 · program services $360,561 · management and general $6,145,937

• 9 · Other employee benefits

  total $23,523,321 · program services $1,734,506 · management and general $21,788,815

• 10 · Payroll taxes

  total $7,486,925 · program services $631,987 · management and general $6,854,938

• 11b · Fees: legal

  total $835,016 · management and general $835,016

• 11c · Fees: accounting

  total $716,584 · management and general $716,584

• 11g · Fees: other

  total $46,354,456 · program services $1,124,913 · management and general $45,229,543

• 12 · Advertising and promotion

  total $6,440,448 · program services $642,717 · management and general $5,797,731

• 13 · Office expenses

  total $2,208,598 · program services $71,652 · management and general $2,136,946

• 14 · Information technology

  total $10,318,260 · program services $84,494 · management and general $10,233,766

• 16 · Occupancy

  total $7,640,879 · program services $52,654 · management and general $7,588,225

• 17 · Travel

  total $141,495 · program services $5,510 · management and general $135,985

• 19 · Conferences, conventions and meetings

  total $136,678 · program services $4,363 · management and general $132,315

• 20 · Interest

  total $2,458,509 · program services $175,663 · management and general $2,282,846

• 22 · Depreciation, depletion and amortization

  total $9,699,364 · management and general $9,699,364

• 23 · Insurance

  total $512,963 · program services $2,883 · management and general $510,080

• 24a · Other expenses: MEDICAL SERVICES

  total $3,040,110,202 · program services $3,040,110,202

• 24b · Other expenses: TAXES AND SURCHARGES

  total $26,728,336 · program services $163,568 · management and general $26,564,768

• 24c · Other expenses: OTHER EXPENSES

  total $7,172,288 · program services $134,856 · management and general $7,037,432

• 24d · Other expenses: MEDICAL SUPPLIES

  total $4,669,353 · program services $46,045 · management and general $4,623,308

• 24e · All other expenses

  total $331,909 · program services $2,764 · management and general $329,145

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $438,642,529 · end of year $610,033,175

• 4 · Accounts receivable

  beginning of year $513,924,931 · end of year $399,068,434

• 7 · Other notes and loans receivable

  beginning of year $46,055,000 · end of year $46,055,000

• 9 · Prepaid expenses and deferred charges

  beginning of year $11,871,598 · end of year $14,781,855

• 10a · Land, buildings and equipment: cost or other basis

  $115,663,736

• 10b · Land, buildings and equipment: accumulated depreciation

  $42,210,407

• 10c · Land, buildings and equipment, net

  beginning of year $128,708,961 · end of year $73,453,329

• 11 · Investments: publicly traded securities

  beginning of year $419,198,406 · end of year $448,803,246

• 12 · Investments: other securities

  beginning of year $65,740,644 · end of year $69,483,770

• 15 · Other assets

  beginning of year $86,179,512 · end of year $81,726,435

• 17 · Accounts payable and accrued expenses

  beginning of year $149,782,727 · end of year $307,909,254

• 19 · Deferred revenue

  beginning of year $26,617,080 · end of year $25,853,238

• 23 · Secured mortgages and notes payable

  beginning of year $213,036,581 · end of year $205,191,852

• 25 · Other liabilities

  beginning of year $334,009,236 · end of year $342,033,887

• 27 · Net assets without donor restrictions

  beginning of year $986,875,957 · end of year $862,417,013

The filer's explanations (Part III)

PART I, LINE 3

HPI HAS NO EMPLOYEES. ALL OFFICERS, DIRECTORS AND KEY EMPLOYEES ARE PAID BY GROUP HEALTH, INC. ("GHI") OR PARK NICOLLET HEALTH SERVICES (PNHS). GHI AND PNHS HAVE AN ANNUAL PROCESS TO REVIEW THE MARKET COMPARABILITY OF THE TOTAL COMPENSATION OF ITS CEO AND ITS OTHER OFFICERS.

PART I, LINES 4A-B

SCHEDULE J, PART II COLUMN B III, INCLUDES SEVERANCE FOR THE FOLLOWING OFFICERS: KEVIN PALATTAO $ 67,749 NANCY MCCLURE $ 627,101 RANDALL BILLINGS $ 118,129 SCHEDULE J, PART I, LINE 4B: SENIOR LEADERS OF GROUP HEALTH, INC. ARE GIVEN THE OPPORTUNITY TO PARTICIPATE IN THE NONQUALIFIED 457(F) PLAN FOR THE FOLLOWING DIRECTORS AND OFFICERS: PENNY D. CERMAK $ 122,650 NANCY L. EVERT $ 54,415 MARK E. HANSBERRY $ 52,116 PAHOUA Y. HOFFMAN $32,173 SUSAN M. KNUDSON $ 76,824 BRANDI L. LUNNEBORG $23,018 KATHERINE B. SAYRE $ 27,324 TOBI TANZER $ 39,698 ANDREA M. WALSH $ 315,102 DELINDA H. WASHINGTON $ 67,041 DENNIS M. ZUZEK $ 46,057 ALITA R. RISINGER $ 50,924 KATHY JOHNSON $32,270 VIRGINIA L. KAKACEK $47,006 JENNIFER DANIELSON $ 104,772 JENNIFER MYSTER $ 46,296 MEGAN REMARK $ 92,354 SCHEDULE J, PART I, LINE 4B: SENIOR LEADERS OF PARK NICOLLET HEALTH SERVICES ARE GIVEN THE OPPORTUNITY TO PARTICIPATE IN THE CAPITAL ACCUMULATION ACCOUNT PLAN FOR THE FOLLOWING DIRECTORS AND OFFICERS: STEVEN M. CONNELLY, MD $85,691 KRISTI LYON $ 42,557 MARK R. SANNES $86,051

FORM 990, SCHEDULE J, PART II - PRIOR REPORTED COMPENSATION

COLUMN (F) INCLUDES AMOUNTS PAID TO PARTICIPANTS IN THE CURRENT YEAR, WHICH WERE PREVIOUSLY REPORTED IN COLUMN (C) OF PRIOR YEARS' 990'S, AS RETIREMENT AND DEFERRED COMPENSATION, FOR THE FOLLOWING DIRECTORS, OFFICERS, AND FORMER OFFICERS: RANDALL BILLINGS $ 188,376 HEIDI CONRAD $ 704,622 NANCY L. EVERT $ 53,243 DAVID S. GESKO, DDS $ 38,770 MARK E. HANSBERRY $ 48,036 BRANDI LUNNEBORG $ 36,046 NANCY A. MCCLURE $ 207,790 KEVIN J. PALATTAO $ 420,696 KATIE B. SAYRE $ 91,770 DOUGLAS SMITH $ 652,205 ANDREA M. WALSH $ 299,224 DENNIS ZUZEK $ 180,013 JENNIFER MYSTER $ 23,367 MEGAN REMARK $ 41,922 ANY ANALYSIS OF EARNINGS FOR THE CURRENT YEAR, FOR THESE PARTICIPANTS OF THE PLAN, SHOULD EXCLUDE THE AMOUNT IN COLUMN F AS PART OF THE ANALYSIS SINCE THOSE EARNINGS WERE ALREADY REPORTED IN COLUMN (C) OF PREVIOUS YEARS' 990'S.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• HEALTHPARTNERS EAST SIDE HOLDING LLC

  REAL ESTATE HOLDING COMPANY · DE

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• HEALTHPARTNERS ADMINISTRATORS INC

  C · THIRD PARTY ADMINISTRATOR · MN · controlled entity

• HEALTHPARTNERS ASSOCIATES INC

  C · MEDICAL CLINIC STAFFING AND ASSET MANAGEMENT · MN

  Directly controlled by HEALTHPARTNERS ADMINISTRATORS INC

• HEALTHPARTNERS SERVICES INC

  C · MEDICAL CLINIC STAFFING AND ASSET MANAGEMENT · MN

  Directly controlled by HEALTHPARTNERS ADMINISTRATORS INC

• HEALTHPARTNERS INSURANCE COMPANY

  C · MEDICAL AND DENTAL INSURANCE · MN

  Directly controlled by HEALTHPARTNERS ADMINISTRATORS INC

• DENTAL SPECIALTIES INC

  C · PROFESSIONAL DENTAL SERVICES · MN

  Directly controlled by HEALTHPARTNERS ADMINISTRATORS INC