Park Nicollet Group Return
Park Nicollet Group Return reported $2.19 billion in revenue and $2.12 billion in expenses for calendar year 2024. Of every $100 it spent, $90.14 went to program services, $9.86 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 98.0% of the total. The highest compensation it reported for one person was $3,838,003 (PRESIDENT & CEO). 2,612 people received more than $100,000 in reportable compensation. Revenue rose 27% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $2.12BFor 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
Calendar year 2024 · Form 990, Part VIII · total revenue $2.19BThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 90.1% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 9.9% | 13.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.3% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.2% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 98.0% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $3,838,003 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.18% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 2,612 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 6.9 | 6.6 |
| Independent voting board members Part VI 1a–1b | 14 of 16 | 88.9% |
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
2024 · Form 990, Part III · the three largest programs by expenseHighest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT & CEO Officer, 20.00 hrs/week | $0 | $2,927,366 | $910,637 | $3,838,003 |
| ORTHOPEDIC SURGEON Highest compensated employee, 60.00 hrs/week | $1,400,060 | $0 | $92,010 | $1,492,070 |
| ORTHOPEDIC SURGEON Highest compensated employee, 50.00 hrs/week | $1,432,882 | $0 | $51,318 | $1,484,200 |
| VICE CHAIR ORTHOPEDICS Highest compensated employee, 50.00 hrs/week | $1,416,067 | $0 | $65,108 | $1,481,175 |
| PHYSICIAN, GEN SURGERY Highest compensated employee, 58.00 hrs/week | $1,351,108 | $0 | $87,939 | $1,439,047 |
| CHIEF OPERATING OFFICER (MAR-DEC) Officer, 0.50 hrs/week | $0 | $1,058,974 | $368,676 | $1,427,650 |
| CHIEF OPERATING OFFICER (JAN-FEB) Officer, 0.50 hrs/week | $0 | $1,319,085 | $52,557 | $1,371,642 |
| ORTHOPEDIC SURGEON Highest compensated employee, 60.00 hrs/week | $1,306,054 | $0 | $37,873 | $1,343,927 |
2,612 people received more than $100,000 in reportable compensation from Park Nicollet Group Return (Part VII, line 2).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · 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–1b16 · 14 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 15aYes
- 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 4Yes
- 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 511,915
- Volunteers Part I, line 6711
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| INTEREUM HEALTHCARE STAFFING Staffing | $6,061,769 |
| FAVORITE HEALTHCARE STAFFING Staffing | $5,936,205 |
| HARVARD SERVICES GROUP INC Janitorial and building services | $4,846,810 |
| HEALTH SYSTEMS COOPERATIVE LAUNDRIES Laundry services | $3,919,965 |
| PRESCRIPTION LANDSCAPE Landscape/snow removal | $3,338,480 |
Individuals listed as contractors are left out. 239 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from Park Nicollet Group Return's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Park Nicollet Group Return, you can publish a response that is linked from this page.
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Of every $100 Park Nicollet Group Return spent in 2024, $90.14 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
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Questions people ask
How much of Park Nicollet Group Return's spending goes to programs?
In calendar year 2024, Park Nicollet Group Return reported that 90.1% of its $2.12 billion in expenses went to program services, 9.9% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Park Nicollet Group Return pay its top executive?
The largest total compensation Park Nicollet Group Return reported for one person in calendar year 2024 was $3,838,003, for the role of PRESIDENT & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Park Nicollet Group Return get its money?
Of $2.19 billion in revenue in calendar year 2024, 0.3% came from contributions and grants (including 0.2% from government grants) and 98.0% from program service revenue (Form 990, Part VIII).
Is Park Nicollet Group Return a registered charity?
The IRS lists EIN 45-5023260 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), 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
- 2024: Form 990 for calendar year 2024, object 202503219349319700 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202413189349311081 · read the filing
- 2022: Form 990 for calendar year 2022, object 202313199349315826 · read the filing
- 2021: Form 990 for calendar year 2021, object 202213149349306896 · read the filing
- 2020: Form 990 for calendar year 2020, object 202103199349314605 · read the filing
- 2019: Form 990 for calendar year 2019, object 202033209349301908 · read the filing
All filings for EIN 45-5023260: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.