PARK NICOLLET HEALTH SERVICES
8170 33RD AVE S, BLOOMINGTON, MN · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $226,462,928 | $192,183,282 | $43,149,077 |
| FY2023 | $211,321,616 | $182,570,897 | $8,688,948 |
| FY2022 | $180,138,315 | $190,399,246 | -$19,764,019 |
| FY2021 | $167,440,964 | $164,667,651 | -$9,261,308 |
| FY2020 | $135,946,725 | $146,032,413 | -$10,148,737 |
| FY2019 | $136,746,150 | $148,091,502 | -$176,078 |
| FY2018 | $132,271,997 | $137,526,639 | $20,359,968 |
| FY2017 | $102,931,801 | $108,238,054 | $25,546,048 |
| FY2016 | $94,865,623 | $92,641,994 | $16,021,830 |
| FY2015 | $93,238,458 | $91,659,352 | $3,664,019 |
| FY2014 | $94,609,992 | $92,310,632 | $2,288,497 |
| FY2013 | $93,801,793 | $89,848,621 | $39,815 |
| FY2012 | $93,281,192 | $90,220,047 | -$2,359,484 |
| FY2011 | $90,010,166 | $83,348,545 | -$5,050,469 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $306,495 | 0% |
| Program service revenue | $209,988,413 | 100% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $178,089,487 | 93% |
| Management & general | $14,093,795 | 7% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 100% of total revenue in FY2024.
- Program services accounted for 93% of functional expenses, management & general 7%, and fundraising 0%.
- 93% of functional expenses went to program services in FY2024. That is higher than 88.9% of 135 Health Care organizations in MN.
- Net assets covered about 2.7 months of expenses at the end of the reporting year. That puts it in the 18th percentile among 467 Health Care organizations in MN.
- Total revenue was higher than 94.2% of 469 Health Care organizations in MN.
- Total revenue rose from $90,010,166 in FY2011 to $226,462,928 in FY2024, Revenue increased in 11 and decreased in 2 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 5 of 14 reported years (FY2017, FY2018, FY2019, FY2020, FY2022).
- Net assets grew from -$5,050,469 to $43,149,077 between FY2011 and FY2024.
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
TO IMPROVE HEALTH AND WELL-BEING IN PARTNERSHIP WITH OUR MEMBERS, PATIENTS AND COMMUNITY.
IRS status
| Ruling year | 2011 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E210 — Health Care (in MN) |
Similar organizations
- ST FRANCIS REGIONAL MEDICAL CENTER — MINNEAPOLIS, MN · $239,330,762
- MAPLE GROVE HOSPITAL CORPORATION — MAPLE GROVE, MN · $302,585,274
- OLMSTED MEDICAL CENTER — ROCHESTER, MN · $304,844,558
- ST JOSEPH S MEDICAL CENTER — BRAINERD, MN · $320,979,644
- GILLETTE CHILDRENS SPECIALTY HEALTH CARE — SAINT PAUL, MN · $396,594,783
- ESSENTIA HEALTH — DULUTH, MN · $400,833,680
- RIDGEVIEW MEDICAL CENTER — WACONIA, MN · $407,074,551
- HEALTHEAST ST JOHNS HOSPITAL — MINNEAPOLIS, MN · $521,847,472
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
Think something here is wrong or should be removed? Use the contact form — we act on removal requests within 30 days.