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Centracare Health Foundation

St Cloud, MN · EIN 41-1855173 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Centracare Health Foundation reported $24.2 million in revenue and $8.2 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $64.69 went to program services, $18.16 to management and general costs and $17.15 to fundraising. Its largest source of revenue was contributions and grants: 67.5% of the total. The highest compensation it reported for one person was $1,969,529 (PRESIDENT/CEO). Revenue rose 276% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $8.2M

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $24M

Other revenue was negative: −$226K. The bar shows the positive sources only.

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,634 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
64.7%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
18.2%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
17.2%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.09$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
67.5%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.1%
Program service revenue share
Part VIII 2g ÷ 12
0.0%93.7%
Highest reported compensation
Part VII-A, columns D–F
$1,969,529$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
24.15%1.34%
People paid over $100,000
Part VII, line 2
027
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
148.66.6
Independent voting board members
Part VI 1a–1b
15 of 1888.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$5.3M expenses · 100.0% of program spending · grants $4.6M

Activities included charitable, educational, and scientific activities for the benefit of the communities served by the st. Cloud hospital and centracare

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT/CEO
Key employee, 0.00 hrs/week
$0$1,921,145$48,384$1,969,529
PHYSICIAN
Highest compensated employee, 0.00 hrs/week
$0$1,167,735$40,042$1,207,777
CHIEF OPERATING OFFICER/SR VP
Key employee, 0.00 hrs/week
$0$979,580$195,343$1,174,923
CHIEF FINANCIAL OFFICER/SR VP
Key employee, 0.00 hrs/week
$0$997,209$156,611$1,153,820
PHYSICIAN
Highest compensated employee, 0.00 hrs/week
$0$1,060,029$14,018$1,074,047
PHYSICIAN
Highest compensated employee, 0.00 hrs/week
$0$1,029,793$37,700$1,067,493
PHYSICIAN
Highest compensated employee, 0.00 hrs/week
$0$1,016,889$25,340$1,042,229
PHYSICIAN/FORMER CAO/SR VP
Highest compensated employee, 0.00 hrs/week
$0$1,021,198$15,732$1,036,930

0 people received more than $100,000 in reportable compensation from Centracare Health Foundation (Part VII, line 2).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40MFY2020FY2021FY2022FY2023FY2024FY2025$24M$8.2M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$24M$8.2M64.7%$101M$1,969,529
FY2024 ⓘ$24M$9.1M70.2%$84M$1,629,374
FY2023 ⓘ$12M$6.6M62.9%$78M$1,761,954
FY2022 ⓘ$14M$5.8M66.6%$72M$1,735,985
FY2021 ⓘ$12M$7.7M73.5%$60M$1,465,679
FY2020 ⓘ$6.4M$10M78.2%$47M$1,357,227

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b18 · 15 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aNo
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 50
  • Volunteers Part I, line 6150

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
SHORT STOP RESTAURANTS INC
Events
$187,688

Individuals listed as contractors are left out. 1 contractors were paid more than $100,000 in all.

Private foundation grants it received

12 private foundations reported grants to Centracare Health Foundation totaling $469K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Centracare Health Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Centracare Health Foundation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All health care charities · Largest charities in Minnesota

Questions people ask

How much of Centracare Health Foundation's spending goes to programs?

In the fiscal year ending June 30, 2025, Centracare Health Foundation reported that 64.7% of its $8.2 million in expenses went to program services, 18.2% to management and general and 17.2% to fundraising (Form 990, Part IX).

How much does Centracare Health Foundation pay its top executive?

The largest total compensation Centracare Health Foundation reported for one person in the fiscal year ending June 30, 2025 was $1,969,529, for the role of PRESIDENT/CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Centracare Health Foundation get its money?

Of $24.2 million in revenue in the fiscal year ending June 30, 2025, 67.5% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).

Is Centracare Health Foundation a registered charity?

The IRS lists EIN 41-1855173 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202611349349304401 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511359349304756 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202441369349309099 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341359349306289 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202241369349309389 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202121379349303797 · read the filing

All filings for EIN 41-1855173: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.