Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $7,062

• 1e · Government grants (contributions)

  $299,433

• 2a · Program service revenue: PATIENT SERVICES

  total $196,996,242 · related or exempt $196,996,242

• 2b · Program service revenue: SERVICES TO AFFILIATES

  total $12,554,208 · related or exempt $12,554,208

• 2c · Program service revenue: CONTRACT REVENUE

  total $437,963 · related or exempt $437,963

• 3 · Investment income

  total $16,168,020 · excluded $16,168,020

• 6a · Gross rents

  real property $12,000

• 6b · Less rental expenses

  real property $12,000

• 6c · Rental income or loss

  real property $0

• 6d · Net rental income or loss

  total $0

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $846 · program services $846

• 5 · Compensation of officers, directors and key employees

  total $2,601,345 · management and general $2,601,345

• 7 · Other salaries and wages

  total $109,950,419 · program services $107,444,858 · management and general $2,505,561

• 8 · Pension plan contributions

  total $560,532 · program services $326,642 · management and general $233,890

• 9 · Other employee benefits

  total $11,490,959 · program services $10,481,145 · management and general $1,009,814

• 10 · Payroll taxes

  total $4,501,639 · program services $4,153,120 · management and general $348,519

• 11b · Fees: legal

  total $111,867 · program services $1,572 · management and general $110,295

• 11c · Fees: accounting

  total $10,120 · management and general $10,120

• 11g · Fees: other

  total $10,387,130 · program services $8,795,006 · management and general $1,592,124

• 12 · Advertising and promotion

  total $2,653,121 · program services $441,378 · management and general $2,211,743

• 13 · Office expenses

  total $2,927,076 · program services $2,801,725 · management and general $125,351

• 14 · Information technology

  total $2,756,304 · program services $331,133 · management and general $2,425,171

• 16 · Occupancy

  total $5,061,704 · program services $5,012,677 · management and general $49,027

• 17 · Travel

  total $134,880 · program services $120,521 · management and general $14,359

• 19 · Conferences, conventions and meetings

  total $135,102 · program services $123,754 · management and general $11,348

• 20 · Interest

  total $575,163 · program services $473,768 · management and general $101,395

• 22 · Depreciation, depletion and amortization

  total $6,663,153 · program services $6,061,164 · management and general $601,989

• 23 · Insurance

  total -$103,037 · program services $113,443 · management and general -$216,480

• 24a · Other expenses: MEDICAL SUPPLIES AND EQ

  total $26,925,020 · program services $26,915,670 · management and general $9,350

• 24b · Other expenses: TAXES AND ASSESSMENTS

  total $2,394,130 · program services $2,394,130

• 24c · Other expenses: MISCELLANEOUS

  total $1,532,424 · program services $1,298,942 · management and general $233,482

• 24d · Other expenses: MAINTENANCE & REPAIRS

  total $913,385 · program services $797,993 · management and general $115,392

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $435,465,580 · end of year -$158,174,350

• 4 · Accounts receivable

  beginning of year $32,600,689 · end of year $253,019,926

• 8 · Inventories for sale or use

  beginning of year $337 · end of year $1,218

• 9 · Prepaid expenses and deferred charges

  beginning of year $1,120,771 · end of year $1,324,429

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

  $117,103,990

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

  $66,927,355

• 10c · Land, buildings and equipment, net

  beginning of year $46,127,535 · end of year $50,176,635

• 13 · Investments: program-related

  beginning of year $95,495,953 · end of year $107,616,805

• 15 · Other assets

  beginning of year $6,235,020 · end of year $13,343,495

• 17 · Accounts payable and accrued expenses

  beginning of year $528,566,689 · end of year $162,721,777

• 18 · Grants payable

  beginning of year $10,213,385

• 25 · Other liabilities

  beginning of year $69,576,863 · end of year $61,437,304

• 27 · Net assets without donor restrictions

  beginning of year $8,688,948 · end of year $43,149,077

The filer's explanations (Part III)

PART I, LINES 4A-B

SCHEDULE J, PART II COLUMN B III, INCLUDES SEVERANCE FOR THE FOLLOWING OFFICER: NANCY MCCLURE $ 627,101 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 MARK R. SANNES $ 86,051 JOSHUA O. ZIMMERMAN $ 39,729 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: ANDREA M. WALSH $ 315,102 MEGAN M. REMARK $ 92,354 NANCY A. EVERT $ 54,415 ALITA R. RISINGER $ 50,294 JENNIFER L. MYSTER $ 46,296

PART I, LINE 6

PARK NICOLLET HEALTH SERVICE'S (PNHS) PRESIDENT AND ITS OFFICERS ARE EMPLOYED BY EITHER GROUP HEALTH, INC. (GHI), A RELATED ORGANIZATION, OR BY PNHS. PARK NICOLLET HEALTH SERVICE'S (PNHS) PRESIDENT AND ITS OFFICERS MAY RECEIVE COMPENSATION BASED ON THE LEADERSHIP INCENTIVE PROGRAM (PROGRAM) OF GROUP HEALTH, INC., OR PARK NICOLLET HEALTH SERVICES, RELATED ORGANIZATIONS. THE PROGRAM INCENTS AND REWARDS BUSINESS LEADERS WHO HELP THE ORGANIZATION ACHIEVE STATED BUSINESS AND/OR HEALTH IMPROVEMENT GOALS FOR A SPECIFIC FISCAL YEAR. THE PROGRAM IS A KEY ELEMENT OF THE PARTICIPANT'S TOTAL COMPENSATION PACKAGE. THE PROGRAM'S INCENTIVE OPPORTUNITY IS BASED ON POSITION IN THE ORGANIZATION (E.G. EXECUTIVE OR SENIOR MEDICAL DIRECTOR, VICE PRESIDENT, CERTAIN DIRECTORS AND MANAGERS, OTHER SPECIFICALLY IDENTIFIED LEADERS) AND THE ACHIEVEMENT OF BUSINESS AND HEALTH IMPROVEMENT GOALS ESTABLISHED IN A VARIETY OF AREAS. GOALS WILL BE RELATED TO THE ORGANIZATION'S STRATEGIC PLAN AND WILL BE BALANCED. THESE AREAS MAY INCLUDE, BUT ARE NOT LIMITED TO, PATIENT SATISFACTION, EMPLOYEE SATISFACTION, WORK ENVIRONMENT, HEALTH EQUITY, HEALTHCARE AFFORDABILITY MEASURES, HEALTH PLAN AND CARE DELIVERY MARKET SHARE, STRATEGIC CAPABILITIES, HOSPITAL AND CLINIC QUALITY MEASURES, FINANCIAL PERFORMANCE (OPERATING INCOME), ETC., AND WILL BE DEFINED ANNUALLY FOR EACH YEAR'S PROGRAM. AN OPERATING INCOME THRESHOLD MUST BE MET FOR ANY PAYMENT TO BE MADE FROM THE PROGRAM AND THERE IS A CAP ON THE MAXIMUM INCENTIVE POTENTIALLY AVAILABLE TO EACH PARTICIPANT.

FORM 990, SCHEDULE J PART II, COLUMN F:

PRIOR REPORTED COMPENSATION COLUMN (F) INCLUDES AMOUNTS PAID TO PARTICIPANTS IN THE CURRENT YEAR, WHICH WERE PREVIOUSLY REPORTED IN COLUMN (C) OF PRIOR YEAR'S 990'S, AS RETIREMENT AND DEFERRED COMPENSATION, FOR THE FOLLOWING DIRECTORS: HEIDI CONRAD $ 704,622 NANCY L. EVERT $ 53,243 NANCY A. MCLURE $ 207,790 JENNIFER L. MYSTER $ 23,367 ANDREA M. WALSH $ 299,224 MEGAN REMARK $ 41,922

Disregarded entities

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

• DEFERRED COMPENSATION TRUST

  INVESTMENTS · MN · income $12,286 · assets $976,236

  Directly controlled by PARK NICOLLET HEALTH SERVICES

• TRIA ORTHOPEDIC CENTER LLC

  HEALTH CARE · MN

  Directly controlled by PARK NICOLLET HEALTH SERVICES

Related corporations and trusts

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

• HEALTHPARTNERS ADMINISTRATORS INC

  C · THIRD PARTY ADMINISTRATOR · MN

  Directly controlled by HEALTHPARTNERS INC

• 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 SPECIALITIES INC

  C · PROFESSIONAL DENAL SERVICES · MN

  Directly controlled by HEALTHPARTNERS ADMINISTRATORS INC