Nonprofit · EIN 41-1765832
HEALTHEAST MEDICAL RESEARCH INSTITUTE
Tax-exempt · MINNEAPOLIS, MN 55454
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $171,265,869 | $200,090,778 | -$28,824,909 | $40,758,524 | $257,817,830 | -$217,059,306 |
| December 31, 2023 | 990 | $158,384,884 | $189,431,122 | -$31,046,238 | $40,648,467 | $229,271,104 | -$188,622,637 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $68,279
- of which government grants
- $29,775
- Program service revenue
- $171,197,590
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $89,497,019
- Salaries, compensation and benefits (total)
- $109,849,410
- Professional fundraising fees
- $0
- Legal fees
- $3,765
- Occupancy
- $11,303,673
- Travel
- $183,756
- Depreciation
- $643,780
- Program services (functional)
- $188,438,032
- Management and general (functional)
- $11,652,746
Balance sheet and other
- Total assets, start of year
- $40,648,467
- Total assets, end of year
- $40,758,524
- Total liabilities, end of year
- $257,817,830
- Net assets, end of year
- -$217,059,306
- Land, buildings and equipment
- $4,664,624
- Net assets without donor restrictions
- -$217,224,902
- Net assets with donor restrictions
- $165,596
- Gross unrelated business income
- $4,404,560
- Gross receipts
- $171,265,869
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1993
- State of legal domicile
- MN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| James Hereford | President & CEO Trustee or director, Officer | 2 | $0 | $4,854,478 | $805,007 |
| Laura Reed | COO, end 1-2024 Officer | 2 | $0 | $2,902,634 | $71,065 |
| Mark Welton | CMO, end 7-2024 Officer | 2 | $0 | $2,029,863 | $173,836 |
| Joseph Gaylord | CFO Officer | 2 | $0 | $1,862,040 | $225,326 |
| Robert Beacher | EVP & Chf Shared Clinical Svcs Officer | 2 | $0 | $1,470,518 | $214,054 |
| Jeoff Will | EVP, COO Officer | 2 | $0 | $1,422,135 | $227,999 |
| Mary Nease | Chf People Officer, end 1-2024 Officer | 2 | $0 | $1,548,472 | $28,042 |
| Trudi Trysla | Chf Legal Counsel Officer | 2 | $0 | $1,254,513 | $316,014 |
| Sameer Badlani | Chf Digital Officer Officer | 2 | $0 | $1,368,455 | $93,218 |
| Elizabeth Bennett MD | Physician Highest-paid employee | 40 | $0 | $1,301,559 | $18,817 |
| Sunn Sunn Thaw MD | Physician Highest-paid employee | 40 | $0 | $1,069,723 | $41,077 |
| Euthemy Lebrew | EVP & Chf Transformation Officer Officer | 2 | $0 | $804,293 | $128,330 |
| Andrea Mokros | Chf Public Affairs Officer Officer | 2 | $0 | $875,398 | $55,690 |
| Nadeem Iqbal | Former Medical Director-Community Neurology Former | 0 | $0 | $857,462 | $35,342 |
| Puneet Cheema MD | Physician Highest-paid employee | 40 | $0 | $818,219 | $43,878 |
23 more people on this return
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Xin Wang MD | Physician Highest-paid employee | 40 | $0 | $789,132 | $41,282 |
| Geoffrey Fasen MD | Physician Highest-paid employee | 40 | $0 | $744,734 | $41,216 |
| Jaya Kumar | CMO Officer | 2 | $0 | $618,925 | $58,408 |
| Tanja Oquendo | Chief People Officer Officer | 2 | $0 | $384,181 | $8,250 |
| RIch Ostlund | Chair, END 12-2024 Trustee or director, Officer | 0 | $0 | $35,000 | $0 |
| Karen Grabow | 2nd Vice Chair-end 12-2024 Trustee or director, Officer | 0 | $0 | $25,000 | $0 |
| Timothy Marx | Secretary Trustee or director, Officer | 0 | $0 | $25,000 | $0 |
| Jodi Richard | Director Trustee or director | 0 | $0 | $25,000 | $0 |
| John Heinmiller | Director Trustee or director | 0 | $0 | $25,000 | $0 |
| Julie Causey | Director Trustee or director | 0 | $0 | $25,000 | $0 |
| Michael Connly | Director Trustee or director | 0 | $0 | $25,000 | $0 |
| Stephen Swensen MD | Director Trustee or director | 0 | $0 | $25,000 | $0 |
| Ann Williamson | Director Trustee or director | 0 | $0 | $20,000 | $0 |
| Barclay Berdan | Director Trustee or director | 0 | $0 | $20,000 | $0 |
| David Levy | Director Trustee or director | 0 | $0 | $20,000 | $0 |
| Kenneth Roering | Director Trustee or director | 0 | $0 | $20,000 | $0 |
| PJ Hill | Director Trustee or director | 0 | $0 | $20,000 | $0 |
| Shawntera Hardy | Director Trustee or director | 0 | $0 | $20,000 | $0 |
| Tami Reller | Director, new 5-2024 Trustee or director | 0 | $0 | $10,000 | $0 |
| Srijoy Mahapatra | Director - New 10-2024 Trustee or director | 0 | $0 | $5,000 | $0 |
| Jakub Tolar MD | First Vice Chair Trustee or director, Officer | 0 | $0 | $0 | $0 |
| Melissa Geller MD | Director Trustee or director | 0 | $0 | $0 | $0 |
| Myron Frans | Director Trustee or director | 0 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 36 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| James Hereford | President & CEO Trustee or director, Officer | 2 | $0 | $5,208,444 | $38,307 |
| Laura Reed | COO Officer | 2 | $0 | $1,929,528 | $103,835 |
| Joseph Gaylord | CFO Officer | 2 | $0 | $1,643,003 | $200,937 |
| Mark Welton | CMO Officer | 2 | $0 | $1,577,623 | $103,992 |
| Robert Beacher | EVP & Chf Shared Clinical Svcs Officer | 2 | $0 | $1,304,189 | $206,096 |
| Elizabeth Bennett MD | Physician Highest-paid employee | 40 | $0 | $1,437,846 | $18,217 |
| Trudi Trysla | Chf Legal Counsel Officer | 2 | $0 | $1,133,415 | $276,107 |
| Sameer Badlani | Chf Digital Officer Officer | 2 | $0 | $1,183,898 | $187,871 |
| Jeoff Will | EVP, COO Officer | 2 | $0 | $1,082,554 | $170,630 |
| Mary Nease | Chf People Officer Officer | 2 | $0 | $969,761 | $65,596 |
| Euthemy Lebrew | EVP & Chf Transformation Officer Officer | 2 | $0 | $813,268 | $116,219 |
| Sunn Sunn Thaw MD | Physician Highest-paid employee | 40 | $0 | $832,036 | $38,198 |
| Andrea Mokros | Chf Public Affairs Officer Officer | 2 | $0 | $749,408 | $97,934 |
| Xin Wang MD | Physician Highest-paid employee | 40 | $0 | $798,501 | $38,897 |
| Nadeem Iqbal | Former Medical Director-Community Neurology Former | 0 | $0 | $798,566 | $33,461 |
| Geoffrey Fasen MD | Physician Highest-paid employee | 40 | $0 | $764,877 | $36,843 |
| James McGreevy MD | Physician Highest-paid employee | 40 | $0 | $738,539 | $38,835 |
| RIch Ostlund | Chair Trustee or director, Officer | 0 | $0 | $35,000 | $0 |
| Karen Grabow | Vice Chair Trustee or director, Officer | 0 | $0 | $25,000 | $0 |
| Timothy Marx | Secretary Trustee or director, Officer | 0 | $0 | $25,000 | $0 |
| Ann Lowry MD | Director Trustee or director | 0 | $0 | $25,000 | $0 |
| Jodi RIchard | Director Trustee or director | 0 | $0 | $25,000 | $0 |
| John Heinmiller | Director Trustee or director | 0 | $0 | $25,000 | $0 |
| Julie Causey | Director Trustee or director | 0 | $0 | $25,000 | $0 |
| Michael Connly | Director Trustee or director | 0 | $0 | $25,000 | $0 |
| Ann Williamson | Director Trustee or director | 0 | $0 | $20,000 | $0 |
| Barclay Berdan | Director Trustee or director | 0 | $0 | $20,000 | $0 |
| Brad Wallin | Director Trustee or director | 0 | $0 | $20,000 | $0 |
| David Levy | Director Trustee or director | 0 | $0 | $20,000 | $0 |
| Kenneth Roering | Director Trustee or director | 0 | $0 | $20,000 | $0 |
| PJ Hill | Director Trustee or director | 0 | $0 | $20,000 | $0 |
| Shawntera Hardy | Director Trustee or director | 0 | $0 | $20,000 | $0 |
| Stephen Swensen MD | Director Trustee or director | 0 | $0 | $20,000 | $0 |
| Jakub Tolar MD | Vice Chair Trustee or director, Officer | 0 | $0 | $0 | $0 |
| Melissa Geller MD | Director Trustee or director | 0 | $0 | $0 | $0 |
| Myron Frans | Director Trustee or director | 0 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2450 RIVERSIDE AVE, MINNEAPOLIS, MN 55454-1450
- In care of
- % TIMOTHY H HANSON
- Principal officer (990 for 2024)
- James Hereford, 2450 Riverside Avenue, Minneapolis, MN 55454
- Signed the 990
- James Hereford, President/CEO
- Phone
- (612) 672-4976
- Website
- www.fairview.org
Mission
Fairview is driven to heal, discover and educate for longer, healthier lives.
Program accomplishments
- HealthEast Medical Research Institute operates medical clinics for the treatment of the sick and infirmed to enhance the accessibility, quality and cost efficiency of medical and health care services rendered to the community while also conducting medical research. The outpatient revenue of the medical clinics includes payments from the Medicare and Medicaid programs. The institute uses medical information collected from the treatment of patients to establish and expand a database to conduct various medical research activities relating to health care in conjunction with related hospitals for the benefit of the public. Accordingly, the treatment of patients is an essential and integral part of the research activity of the institute. HealthEast Medical Research Institute includes HealthEast Clinics' staff members that are dedicated to providing high-quality, compassionate health care. Our clinic locations are in neighborhoods throughout the Twin Cities East Metro area. Our providers include board-certified doctors, certified nurse midwives and nurse practitioners. HealthEast Medical Institute Clinics offer a full range of services for patients of all ages. HealthEast Medical Research Institute is committed to the communities it serves and demonstrates the commitment by serving as a charitable health resource. In support of its mission of community service, HealthEast Medical Research Institute provides emergency and medically necessary nonemergency services to the community regardless of ability to pay. Charity care represents the clinical services provided where the clinic did not receive full or partial payment because the patients did not have the ability to pay. HealthEast Medical Research Institute is a not-for-profit organization contributing time and resources to serve the community's health care needs. The organization provides charity care & community benefits to the communities it serves. In addition to the charity care and community benefits, HealthEast Medical Research Institute wrote-off other medical services to bad debt in the amount of $3,992,595. HealthEast Medical Research Institute is part of Fairview Health Services. Fairview Health Services is an integrated academic health system located in Minneapolis, Minnesota, and, along with its affiliates and subsidiaries, is one of the leading health care providers in Minnesota with $8 billion in operating revenue for 2024. Fairview offers a broad continuum of health care services through its hospitals, clinics, and other health care related operations and is a Minnesota nonprofit corporation that is exempt from federal income taxation under Section 501(c)(3) of the Internal Revenue Code. The most recent community health needs assessment (CHNA) identified 3 key areas as the greatest needs in our community - navigating and accessing care and resources; healing, connectedness, and mental health; structural racism and barriers to equity. Fairview Health Services is meeting the needs of the community by focusing on racial and ethnic populations experiencing health disparities and people experiencing poverty through partnering with the community to build solutions, removing barriers to create and expand relevant programs and focused services. Please see Schedule H for a description of additional services, community benefit activities, and the full spectrum of charity care that Fairview Health Services provides to the community. Fairview serves the entire twelve-county Minneapolis/St. Paul Metro Area, as well as communities throughout greater Minnesota and portions of Northern Iowa and Western Wisconsin, and the Dakotas. It is one of the most comprehensive and geographically accessible systems in Minnesota. The Fairview System consists of ten hospitals, including M Health Fairview University of Minnesota Medical Center and M Health Fairview Masonic Children's Hospital (collectively, "UMMC"), which is the adult and pediatric teaching hospital of the University of Minnesota. UMMC along with seven of Fairview's other hospitals in the Metro Area. Fairview also has two hospitals located in northern Minnesota. Fairview operates over 80 primary and specialty care clinics, 37 retail and specialty pharmacies, pharmacy benefit management services, rehabilitation centers, a physician network, senior care housing and long- term care facilities, medical transportation and has ownership interest in six ambulatory care centers. Fairview, through its integrated care model, aims to deliver the benefits of academic medicine to more patients and families by expanding care, research, and education by offering access to a greater pool of physicians and patients, while seeking to reduce the total cost of care for patients. Fairview Health Services is an integrated academic health system located in Minneapolis, Minnesota, and, along with its affiliates and subsidiaries, is one of the leading health care providers in Minnesota with $8 billion in operating revenue for 2024. Fairview offers a broad continuum of health care services through its hospitals, clinics, and other health care related operations and is a Minnesota nonprofit corporation that is exempt from federal income taxation under Section 501(c)(3) of the Internal Revenue Code. The most recent community health needs assessment (CHNA) identified 3 key areas as the greatest needs in our community - navigating and accessing care and resources; healing, connectedness, and mental health; structural racism and barriers to equity. Fairview Health Services is meeting the needs of the community by focusing on racial and ethnic populations experiencing health disparities and people experiencing poverty through partnering with the community to build solutions, removing barriers to create and expand relevant programs and focused services. Please see Schedule H for a description of additional services, community benefit activities, and the full spectrum of charity care that Fairview Health Services provides to the community. Fairview serves the entire twelve-county Minneapolis/St. Paul Metro Area, as well as communities throughout greater Minnesota and portions of Northern Iowa and Western Wisconsin, and the Dakotas. It is one of the most comprehensive and geographically accessible systems in Minnesota. The Fairview System consists of ten hospitals, including M Health Fairview University of Minnesota Medical Center and M Health Fairview Masonic Children's Hospital (collectively, "UMMC"), which is the adult and pediatric teaching hospital of the University of Minnesota. UMMC along with seven of Fairview's other hospitals in the Metro Area. Fairview also has two hospitals located in northern Minnesota. Fairview operates over 80 primary and specialty care clinics, 37 retail and specialty pharmacies, pharmacy benefit management services, rehabilitation centers, a physician network, senior care housing and long- term care facilities, medical transportation and has ownership interest in six ambulatory care centers. Fairview, through its integrated care model, aims to deliver the benefits of academic medicine to more patients and families by expanding care, research, and education by offering access to a greater pool of physicians and patients, while seeking to reduce the total cost of care for patients. Fairview, the University of Minnesota and the University of Minnesota Physicians approved an agreement which became effective in late 2018 (the "M Health Fairview Agreement"). While the parties maintain their separate governance, the M Health Fairview Agreement further aligned operations across the clinical delivery system and enhances research and education by creating a joint clinical enterprise among the parties. The M Health Fairview Agreement brings together UMMC, Fairview's community hospitals and primary care clinics, and other services. All are part of a shared care delivery system that is led by a single structure that includes academic physician leadership. The goal of the joint clinical enterprise is to create a nationally-renowned academic health system. This care system operates under a single brand, M Health Fairview, which is inclusive of Fairview's ten hospitals and its clinics. Fairview owns and operates the following hospitals: UMMC, M Health Fairview Southdale Hospital, M Health Fairview Ridges Hospital, M Health Fairview Lakes Medical Center, M Health Fairview Northland Medical Center, Fairview University Medical Center - Mesabi ("Range"), Grand Itasca Clinic and Hospital, M Health Fairview St. John's Hospital, M Health Fairview Woodwinds Hospital and M Health Fairview Bethesda Long Term Acute Hospital. As of December 31, 2024, the Fairview System Hospitals had a total of 3,529 licensed beds, 1,814 available beds and 1,597 staffed beds. Fairview operates their more than 80 primary and specialty care clinics throughout the Metro Area, greater Minnesota and western Wisconsin. These clinics offer services in over 70 medical sExpenses $188,438,032 · revenue $166,793,007
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | Not on file |
| 2024 | May 31, 2025 | October 15, 2025 | Not on file |
| 2023 | May 31, 2024 | October 15, 2024 | Check at the IRS |
IRS record
- EIN
- 41-1765832
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Hospital or medical research organization
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1994
- Accounting year ends
- May
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E050)
- Assets (IRS master file)
- $40,758,524
- Income (IRS master file)
- $171,265,869
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $171,265,869 | $200,090,778 | $40,758,524 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $158,384,884 | $189,431,122 | $40,648,467 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $145,072,485 | $179,881,857 | $43,927,884 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 41-1765832).
Questions about HEALTHEAST MEDICAL RESEARCH INSTITUTE
- What is the EIN of HEALTHEAST MEDICAL RESEARCH INSTITUTE?
- The employer identification number (EIN) of HEALTHEAST MEDICAL RESEARCH INSTITUTE is 41-1765832.
- Is HEALTHEAST MEDICAL RESEARCH INSTITUTE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
- Are donations to HEALTHEAST MEDICAL RESEARCH INSTITUTE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HEALTHEAST MEDICAL RESEARCH INSTITUTE file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of HEALTHEAST MEDICAL RESEARCH INSTITUTE due?
- The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HEALTHEAST MEDICAL RESEARCH INSTITUTE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of HEALTHEAST MEDICAL RESEARCH INSTITUTE?
- The 990 for the year ended December 31, 2024 names James Hereford.
- Who are the officers and directors of HEALTHEAST MEDICAL RESEARCH INSTITUTE?
- The 990 for the year ended December 31, 2024 lists 38 people; 0 received compensation from the organization.
- How much revenue does HEALTHEAST MEDICAL RESEARCH INSTITUTE have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $171,265,869, expenses of $200,090,778 and total assets of $40,758,524 at year end.
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