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Healthpartners Rc

Also known as Olivia Hospital & Clinic

Bloomington, MN · EIN 84-4261122 · 501(c)(3) · Hospital or medical research organization
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Healthpartners Rc reported $47.7 million in revenue and $33.8 million in expenses for calendar year 2024. Of every $100 it spent, $87.48 went to program services, $12.52 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: 82.8% of the total. Government grants made up 9.7%. The highest compensation it reported for one person was $819,186 (DIRECTOR). 31 people received more than $100,000 in reportable compensation. Revenue rose 20% between 2021 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $34M

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

Calendar year 2024 · Form 990, Part VIII · total revenue $48M

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

2024 filing. Median across 5,634 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
87.5%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
12.5%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
9.9%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
9.7%0.1%
Program service revenue share
Part VIII 2g ÷ 12
82.8%93.7%
Highest reported compensation
Part VII-A, columns D–F
$819,186$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.42%1.34%
People paid over $100,000
Part VII, line 2
3127
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
29.26.6
Independent voting board members
Part VI 1a–1b
5 of 888.9%

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 expense
$30M expenses · 100.0% of program spending · grants $38,610 · revenue $39M

No description in Part III; see the filing.

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
DIRECTOR
Director/trustee, 0.50 hrs/week
$0$674,000$145,186$819,186
NURSE ANESTHETIST
Highest compensated employee, 40.00 hrs/week
$390,236$0$57,033$447,269
PRESIDENT (JAN - NOV)
Officer, 0.00 hrs/week
$0$359,790$72,106$431,896
DIRECTOR
Director/trustee, 0.50 hrs/week
$0$365,229$62,401$427,630
DIRECTOR (JAN - NOV)
Director/trustee, 0.00 hrs/week
$0$373,772$50,663$424,435
DIRECTOR & VPMA
Director/trustee, officer, 44.50 hrs/week
$341,031$0$56,443$397,474
PHYSICIAN
Highest compensated employee, 45.00 hrs/week
$328,575$0$55,765$384,340
CFO, VP FINANCE (NOV-DEC)
Officer, 0.00 hrs/week
$0$279,426$48,156$327,582

31 people received more than $100,000 in reportable compensation from Healthpartners Rc (Part VII, line 2). Compensation of current officers, directors and key employees totaled $912K (Part IX, line 5).

5 filings since FY2020 (8 mo.)

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpensesShort periods (after a fiscal-year change) are in the table, not the chart.
$0$20M$40M$60M$80M2021202220232024$48M$34M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$48M$34M87.5%$82M$819,186
2023 ⓘ$40M$31M87.5%$67M$798,093
2022 ⓘ$35M$30M77.4%$53M$771,010
2021 ⓘ$40M$29M80.3%$51M$689,334
FY2020 (8 mo.) ⓘ$23M$19M75.8%$44M$657,854

Governance 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–1b8 · 5 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 5178
  • Volunteers Part I, line 68

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
BIG STONE THERAPIES INC
Medical services
$1,728,747
TRANSMED INC
Medical services
$158,393
CENTRAL MINNESOTA DIAGNOSTIC INC
Medical services
$146,467
BUFFALO LAKE HEALTHCARE CENTER INC
Medical services
$140,531

Individuals listed as contractors are left out. 7 contractors were paid more than $100,000 in all.

Correct a figure or respond

Every number above is copied from Healthpartners Rc's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Healthpartners Rc, 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 Healthpartners Rc's spending goes to programs?

In calendar year 2024, Healthpartners Rc reported that 87.5% of its $33.8 million in expenses went to program services, 12.5% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Healthpartners Rc pay its top executive?

The largest total compensation Healthpartners Rc reported for one person in calendar year 2024 was $819,186, for the role of DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Healthpartners Rc get its money?

Of $47.7 million in revenue in calendar year 2024, 9.9% came from contributions and grants (including 9.7% from government grants) and 82.8% from program service revenue (Form 990, Part VIII).

Is Healthpartners Rc a registered charity?

The IRS lists EIN 84-4261122 as a 501(c)(3) organization (hospital or medical research organization), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 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 202533189349310918 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202433189349305413 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202323189349309872 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202233189349309778 · read the filing
  • FY2020 (8 mo.): Form 990 for the 8-month short period ending December 31, 2020, object 202103199349314650 · read the filing

All filings for EIN 84-4261122: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.