Minnesota Hospital Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 7,093,432 | 6,849,369 | 244,063 | 5.2 | 48% |
| 2012 | 10,524,976 | 7,944,868 | 2,580,108 | 8.4 | 47% |
| 2013 | 10,292,989 | 9,160,669 | 1,132,320 | 9.0 | 42% |
| 2014 | 12,674,088 | 10,528,926 | 2,145,162 | 10.7 | 40% |
| 2015 | 7,858,417 | 10,137,521 | −2,279,104 | 8.0 | 49% |
| 2016 | 11,447,814 | 10,295,187 | 1,152,627 | 9.4 | 46% |
| 2017 | 13,361,069 | 10,081,388 | 3,279,681 | 13.9 | 54% |
| 2018 | 13,109,855 | 10,859,710 | 2,250,145 | 15.3 | 55% |
| 2019 | 12,254,513 | 11,208,702 | 1,045,811 | 17.2 | 51% |
| 2020 | 12,353,696 | 11,199,702 | 1,153,994 | 20.1 | 45% |
| 2021 | 11,552,322 | 9,267,432 | 2,284,890 | 28.7 | 46% |
| 2022 | 16,743,447 | 16,112,509 | 630,938 | 15.3 | 30% |
| 2023 | 10,141,232 | 9,507,324 | 633,908 | 28.4 | 53% |
In its most recent public year (2023), this organization brought in $633,908 more than it spent. Its reserves stood at about 28.4 months of spending, up from 5.2 in 2011. Staff pay was 53% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Minnesota Hospital Association's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works