Nonprofit · EIN 99-3325377
HEADWATERS HIGH VALUE NETWORK INC
Tax-exempt · GRAND FORKS, ND 58201
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $477,381 | $436,510 | $40,871 | $165,871 | $125,000 | $40,871 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $475,000
- Investment income
- $2,381
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $39,563
- Travel
- $12,451
- Program services (functional)
- $47,796
- Management and general (functional)
- $388,714
Balance sheet and other
- Total assets, start of year
- $0
- Total assets, end of year
- $165,871
- Total liabilities, end of year
- $125,000
- Net assets, end of year
- $40,871
- Net assets without donor restrictions
- $40,871
- Gross receipts
- $477,381
- Employees
- 0
- Volunteers
- 43
- Year formed
- 2024
- State of legal domicile
- ND
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 |
|---|---|---|---|
| Ken Westman | Chairman Trustee or director, Officer | 4 | $0 |
| Randy Ulseth | Vice-Chairman Trustee or director, Officer | 2 | $0 |
| Carl Vaagenes | Secretary/Treasurer Trustee or director, Officer | 2 | $0 |
| Rachelle Schultz | Director Trustee or director | 2 | $0 |
| Joel Beiswenger | Director Trustee or director | 2 | $0 |
| Erik Bjerke | Director Trustee or director | 2 | $0 |
| Carrie Michalski | Director Trustee or director | 2 | $0 |
| Brett Norell | CFO Officer | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 773 S 83RD ST, GRAND FORKS, ND 58201-3127
- Principal officer (990 for 2024)
- Ken Westman, 773 S 83rd St, Grand Forks, ND 58201
- Signed the 990
- Ken Westman, Chairperson
- Phone
- (414) 828-1142
- Website
- Headwatersnetwork.org
- Return prepared by
- Eide Bailly LLP
Mission
Headwaters Network enables rural healthcare providers to collaborate on clinical and operational initiatives, enhancing the quality of care, availability, and affordability in rural communities.
Program accomplishments
- Headwaters Network was created for the advancement of a sustainable network of rural Minnesota hospitals and clinics that increases quality, pools member resources, manages financial risk and improves community health. Through the network, 18 rural hospitals joined together on clinical and operational fronts, amplifying the accessibility, affordability, and quality of care in Minnesota's rural communities. The organization is a beacon for over 750,000 patients, ensuring they receive nothing but the best care. The organization conducts several activities to achieve its mission including (1) development of a clinically integrated network (CIN), (2) expansion of care management capabilities through innovative collaborations to enhance the continuum of care, and (3) and the creation of shared services. The organization assists facilities in implementing strategies that enhance quality and care coordination based on their patients' specifics needs through ACO Management, Care Coordination, Transition Care Management, and Chronic Care Management. The Headwaters Network empowers its members hospitals to offer continuous care to patients across the network. The CIN Clinical Integration Committee, comprising a practitioner from each member hospital, supervises all clinical and quality initiatives.Expenses $47,796 · revenue $475,000
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 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 | Check at the IRS |
IRS record
- EIN
- 99-3325377
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2026
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E99)
- Assets (IRS master file)
- $165,871
- Income (IRS master file)
- $477,381
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $477,381 | $436,510 | $165,871 | XML |
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 99-3325377).
Questions about HEADWATERS HIGH VALUE NETWORK INC
- What is the EIN of HEADWATERS HIGH VALUE NETWORK INC?
- The employer identification number (EIN) of HEADWATERS HIGH VALUE NETWORK INC is 99-3325377.
- Is HEADWATERS HIGH VALUE NETWORK INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2026.
- Are donations to HEADWATERS HIGH VALUE NETWORK INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HEADWATERS HIGH VALUE NETWORK INC 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 HEADWATERS HIGH VALUE NETWORK INC 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 HEADWATERS HIGH VALUE NETWORK INC 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 HEADWATERS HIGH VALUE NETWORK INC?
- The 990 for the year ended December 31, 2024 names Ken Westman.
- Who are the officers and directors of HEADWATERS HIGH VALUE NETWORK INC?
- The 990 for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
- How much revenue does HEADWATERS HIGH VALUE NETWORK INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $477,381, expenses of $436,510 and total assets of $165,871 at year end.
Other nonprofits in GRAND FORKS
- ALTRU HEALTH SYSTEM EIN 45-0310462 · last filed 990 for 2024
- VALLEY HOMES AND SERVICES EIN 45-0229071 · last filed 990 for 2025
- SPECTRA HEALTH EIN 27-0056777 · last filed 990 for 2025
- MYALLY HEALTH EIN 45-0342671 · last filed 990 for 2025
- WOMENS PREGNANCY CENTER EIN 45-0406491 · last filed 990 for 2025
- VALLEY SENIOR LIVING FOUNDATION EIN 45-0392710 · last filed 990 for 2025
- SPACES FOR LIVING EIN 45-0435851 · last filed 990 for 2025
- THIRD STREET CLINIC EIN 45-0433253 · last filed 990-N for 2025