Nonprofit · EIN 45-5023260
PARK NICOLLET
Also known as GROUP RETURN
Tax-exempt · ST LOUIS PARK, MN 55426
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,192,407,935 | $2,119,364,377 | $73,043,558 | $1,640,149,605 | $418,339,551 | $1,221,810,054 |
| December 31, 2023 | 990 | $2,002,440,411 | $2,012,619,825 | -$10,179,414 | $1,743,781,100 | $615,118,662 | $1,128,662,438 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $7,228,919
- of which government grants
- $4,186,820
- Program service revenue
- $2,149,407,557
- Investment income
- $35,309,536
- Net rental income
- $461,923
- Net gain from sales of assets
- $16,699,582
- Other revenue
- $461,923
Expenses
- Grants and similar amounts paid
- $47,324
- Other salaries and wages
- $1,163,082,942
- Salaries, compensation and benefits (total)
- $1,432,451,619
- Professional fundraising fees
- $0
- Legal fees
- $1,249,752
- Accounting fees
- $181,366
- Occupancy
- $31,324,027
- Travel
- $2,339,481
- Depreciation
- $64,070,762
- Program services (functional)
- $1,910,382,914
- Management and general (functional)
- $208,981,463
Balance sheet and other
- Total assets, start of year
- $1,743,781,100
- Total assets, end of year
- $1,640,149,605
- Total liabilities, end of year
- $418,339,551
- Net assets, end of year
- $1,221,810,054
- Land, buildings and equipment
- $395,225,666
- Publicly traded securities
- $635,489,822
- Net assets without donor restrictions
- $1,221,197,084
- Net assets with donor restrictions
- $612,970
- Gross receipts
- $2,216,455,069
- Employees
- 11,915
- Volunteers
- 711
- 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 |
|---|---|---|---|---|---|
| ANDREA M WALSH | PRESIDENT & CEO Officer | 20 | $0 | $2,927,366 | $910,637 |
| GREGORY R HILDEBRAND MD | ORTHOPEDIC SURGEON Highest-paid employee | 60 | $1,400,060 | $0 | $92,010 |
| KEVIN J MULLANEY | ORTHOPEDIC SURGEON Highest-paid employee | 50 | $1,432,882 | $0 | $51,318 |
| CHRISTINE M PUI MD | VICE CHAIR ORTHOPEDICS Highest-paid employee | 50 | $1,416,067 | $0 | $65,108 |
| DANIEL GATLIN | PHYSICIAN, GEN SURGERY Highest-paid employee | 58 | $1,351,108 | $0 | $87,939 |
| MEGAN M REMARK | CHIEF OPERATING OFFICER (MAR-DEC) Officer | 0.5 | $0 | $1,058,974 | $368,676 |
| NANCY A MCCLURE | CHIEF OPERATING OFFICER (JAN-FEB) Officer | 0.5 | $0 | $1,319,085 | $52,557 |
| ERIC M ROHMAN | ORTHOPEDIC SURGEON Highest-paid employee | 60 | $1,306,054 | $0 | $37,873 |
| STEVEN M CONNELLY MD | DIRECTOR & EXC MEDICAL DIRECTOR Trustee or director, Officer | 20 | $0 | $1,142,429 | $177,487 |
| MARK R SANNES MD | EXC MEDICAL DIRECTOR Officer | 0.5 | $0 | $1,099,763 | $181,666 |
| NANCY L EVERT | SECRETARY & SVP GEN CNSL Officer | 10 | $0 | $830,206 | $248,257 |
| ALITA RISINGER | CFO Officer | 0.5 | $0 | $725,287 | $155,052 |
| JENNIFER L MYSTER | PRESIDENT METHODIST HOSPITAL Officer | 54.5 | $0 | $674,000 | $145,186 |
| HEIDI G CONRAD | FORMER VP & CFO Former | 0 | $0 | $704,622 | $61,676 |
| RAE ANN WILLIAMS | DIRECTOR Trustee or director | 2 | $0 | $409,838 | $160,728 |
19 more people on this return
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| NIMA A DESAI MD | CMO METHODIST HOSPITAL Officer | 40 | $0 | $508,477 | $51,421 |
| NATHAN PULSCHER | PRESIDENT HUTCHINSON HEALTH (DEC) Officer | 49 | $0 | $359,790 | $72,106 |
| MELISSA T FRITZ | CNO METHODIST HOSPITAL Officer | 60 | $0 | $357,980 | $72,041 |
| JAMES P LYONS | PRESIDENT HUTCHINSON HEALTH (JAN-NOV) Officer | 0 | $0 | $373,772 | $50,663 |
| NATHAN G BLAD | FORMER PRESIDENT OLIVIA HOSPITAL Former | 0 | $220,734 | $0 | $48,449 |
| DEBORAH HOPP | DIRECTOR & VICE CHAIR Trustee or director, Officer | 3.8 | $0 | $48,000 | $0 |
| PHILIP DONALDSON | DIRECTOR & CHAIR Trustee or director, Officer | 1.9 | $0 | $40,000 | $0 |
| PAUL WILLIAMS | DIRECTOR Trustee or director | 3.4 | $0 | $36,000 | $0 |
| MORRIS GOODWIN | DIRECTOR & TREASURER Trustee or director, Officer | 3.1 | $0 | $33,000 | $0 |
| KATHLEEN KELLEY | DIRECTOR Trustee or director | 4 | $0 | $33,000 | $0 |
| AMY LANGER | DIRECTOR Trustee or director | 3 | $0 | $33,000 | $0 |
| SHARON PIERCE | DIRECTOR Trustee or director | 3 | $0 | $33,000 | $0 |
| SONDRA SAMUELS | DIRECTOR Trustee or director | 2.5 | $0 | $33,000 | $0 |
| BRAD WOZNEY MD | DIRECTOR Trustee or director | 2.4 | $0 | $33,000 | $0 |
| ROBERT EHREN | DIRECTOR Trustee or director | 3 | $0 | $30,000 | $0 |
| DAVID LAGERSTROM | DIRECTOR Trustee or director | 3 | $0 | $30,000 | $0 |
| ANA RUBY LEE | DIRECTOR Trustee or director | 2.4 | $0 | $30,000 | $0 |
| LAURA LIU | DIRECTOR Trustee or director | 3.2 | $0 | $30,000 | $0 |
| THOMAS SCHRUP MD | DIRECTOR Trustee or director | 2.6 | $0 | $30,000 | $0 |
990 for the year ended December 31, 2023: 45 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ANDREA M WALSH | PRESIDENT & CEO Officer | 20 | $0 | $2,738,020 | $892,297 |
| NANCY A MCCLURE | CHIEF OPERATING OFFICER Officer | 20.5 | $0 | $1,312,315 | $394,374 |
| TURANG E BEHBAHANI | PHYSICIAN, ONCOLOGY Highest-paid employee | 50 | $1,471,240 | $0 | $92,971 |
| GREGERY R HILDEBRAND MD | ORTHOPEDIC SURGEON Highest-paid employee | 60 | $1,392,037 | $0 | $87,999 |
| CHRISTINE M PUI MD | VICE CHAIR ORTHOPEDICS Highest-paid employee | 50 | $1,371,655 | $0 | $62,626 |
| ERIC M ROHMAN | ORTHOPEDIC SURGEON Highest-paid employee | 50 | $1,303,165 | $0 | $66,527 |
| LETICIA PERONDI LUZ | PHYSICIAN, GASTROENTEROLOGY Highest-paid employee | 58 | $1,269,886 | $0 | $90,052 |
| STEVEN M CONNELLY MD | DIRECTOR & EXEC MED DIR CARE GROUP Trustee or director, Officer | 45 | $0 | $1,096,741 | $175,918 |
| MARK R SANNES MD | EXEC MEDICAL DIRECTOR Officer | 59 | $0 | $999,887 | $169,547 |
| THOMAS A JONES MD | SR. MEDICAL DIR, SURG SVCS Officer | 59 | $0 | $953,803 | $127,453 |
| NANCY L EVERT | SECRETARY, SR VP GEN CNSL Officer | 13.1 | $0 | $811,272 | $238,674 |
| THOMAS M WALSH MD | SR. MEDICAL DIRECTOR ORTHO Officer | 49 | $0 | $946,041 | $95,122 |
| JENNIFER L MYSTER | PN METHODIST PRESIDENT Officer | 49.5 | $0 | $657,914 | $140,179 |
| ALITA R RISINGER | CFO Officer | 25 | $0 | $574,234 | $112,052 |
| JOSHUA O ZIMMERMAN | SR MEDICAL DIRECTOR Officer | 39 | $0 | $591,378 | $74,136 |
| KRISTI A LYON | VP PAYER RELATIONS Officer | 54 | $0 | $512,343 | $117,043 |
| JOAN SANDSTROM RN | VP PRIMARY CARE Officer | 39 | $0 | $523,994 | $103,500 |
| CATHERINE S KLUGHERZ | VP SPECIALTY SERVICES Officer | 54 | $0 | $479,575 | $123,287 |
| MELISSA F SCHOENHERR | VP CARE DELIVERY MKTG Officer | 39 | $0 | $464,047 | $111,422 |
| LAURA A LOBERG | VP SURGICAL SERVICES Officer | 44 | $0 | $456,550 | $105,205 |
| RAE ANN WILLIAMS MD | DIRECTOR Trustee or director | 49 | $0 | $417,185 | $143,493 |
| NIMA A DESAI MD | VP MEDICAL AFFAIRS, CMO Officer | 40 | $0 | $498,031 | $51,021 |
| DUANE F SPIEGLE | VP- REAL ESTATE AND SUPPORT Officer | 49 | $438,019 | $0 | $83,102 |
| JAMES P LYONS | HUTCHINSON PRESIDENT Officer | 1 | $0 | $381,275 | $80,939 |
| KATE E KEIPER | VP HUMAN RESOURCES Officer | 49 | $0 | $405,477 | $50,644 |
| MELISSA T FRITZ | VP PATIENT CARE SVCS & CNO Officer | 90 | $0 | $348,795 | $69,438 |
| JASON J LUHRS | VP FINANCE Officer | 49 | $0 | $347,590 | $65,808 |
| MATTHEW T WESTERLUND | VP QUALITY AND SAFTEY Officer | 49 | $0 | $332,526 | $58,836 |
| NATHAN PULSCHER | PRESIDENT OLIVIA HOSPITAL Officer | 49 | $0 | $313,799 | $66,188 |
| STEVEN C HOUSH | VP - ORTHODEDICS Officer | 0 | $0 | $317,969 | $45,951 |
| NATHAN G BLAD | FORMER PRESIDENT OLIVIA HOSPITAL Former | 0 | $302,156 | $0 | $51,046 |
| HEIDI G CONRAD | FORMER - CFO Former | 0 | $0 | $179,908 | $46,240 |
| PHILIP DONALDSON | DIRECTOR & CHAIR Trustee or director, Officer | 3 | $0 | $50,000 | $0 |
| PAUL WILLIAMS | DIRECTOR Trustee or director | 1.9 | $0 | $36,000 | $0 |
| BRADLEY WOZNEY MD | DIRECTOR Trustee or director | 2.4 | $0 | $33,000 | $0 |
| SHARON PIERCE | DIRECTOR Trustee or director | 3.1 | $0 | $33,000 | $0 |
| KATHLEEN KELLEY | DIRECTOR Trustee or director | 2.6 | $0 | $33,000 | $0 |
| MORRIS GOODWIN | DIRECTOR & TREASURER Trustee or director, Officer | 3 | $0 | $33,000 | $0 |
| DEBORAH HOPP | DIRECTOR & VICE CHAIR Trustee or director, Officer | 3 | $0 | $33,000 | $0 |
| AMY LANGER | DIRECTOR Trustee or director | 2.9 | $0 | $33,000 | $0 |
| SONDRA SAMUELS | DIRECTOR Trustee or director | 1.9 | $0 | $33,000 | $0 |
| ANA RUBY LEE | DIRECTOR Trustee or director | 2.3 | $0 | $30,000 | $0 |
| DAVID LAGERSTROM | DIRECTOR Trustee or director | 2.9 | $0 | $30,000 | $0 |
| LAURA LIU | DIRECTOR Trustee or director | 3 | $0 | $30,000 | $0 |
| THOMAS SCHRUP MD | DIRECTOR Trustee or director | 2.6 | $0 | $30,000 | $0 |
Address and contacts
- Address (IRS master file)
- 6500 EXCELSIOR BLVD, ST LOUIS PARK, MN 55426-4702
- In care of
- % KEITH KOEHLER PRES
- Principal officer (990 for 2024)
- ALITA R RISINGER, 6500 EXCELSIOR BLVD, SLP, MN 55426
- Signed the 990
- ALITA R RISINGER, VP & CFO
- Phone
- (952) 883-7124
- Website
- WWW.PARKNICOLLET.COM
- Return prepared by
- KPMG LLP
Mission
TO IMPROVE HEALTH AND WELL-BEING IN PARTNERSHIP WITH OUR MEMBERS, PATIENTS AND COMMUNITY.
Program accomplishments
- SEE SCHEDULE O - EXEMPT PURPOSE AND ACHIEVEMENTS FOR A DESCRIPTION OF PROGRAM SERVICE ACCOMPLISHMENTS.Expenses $1,910,382,914 · grants $47,324 · revenue $2,149,407,557
What it must file and when
IRS records say it files Group return. Included in a group return filed by its parent. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 45-5023260
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Exempt since
- 2011
- Accounting year ends
- December
- Files
- Group return
- Group exemption
- 5874: PARK NICOLLET HEALTH SERVICES
- Assets (IRS master file)
- $1,640,149,605
- Income (IRS master file)
- $2,216,455,069
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,192,407,935 | $2,119,364,377 | $1,640,149,605 | XML |
| 990 | December 2023 | $2,002,440,411 | $2,012,619,825 | $1,743,781,100 | XML |
| 990 | December 2022 | $1,913,283,965 | $1,865,440,563 | $1,554,745,941 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 45-5023260).
Questions about PARK NICOLLET
- What is the EIN of PARK NICOLLET?
- The employer identification number (EIN) of PARK NICOLLET is 45-5023260.
- Is PARK NICOLLET tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
- Which annual return does PARK NICOLLET file?
- Form Group return. Included in a group return filed by its parent.
- When is the next return of PARK NICOLLET due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PARK NICOLLET 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 PARK NICOLLET?
- The 990 for the year ended December 31, 2024 names ALITA R RISINGER.
- Who are the officers and directors of PARK NICOLLET?
- The 990 for the year ended December 31, 2024 lists 34 people; 6 received compensation from the organization.
- How much revenue does PARK NICOLLET have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,192,407,935, expenses of $2,119,364,377 and total assets of $1,640,149,605 at year end.
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