South Dakota Association of Healthcare Organizations Healthcare Research Educ EIN 37-1835290

South Dakota Association of Healthcare Organizations Healthcare Research Educ

EIN  37-1835290 Supporting organization Sioux Falls, SD Founded 2016
Form 990 (PDF) Compare with another nonprofit →
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Size
$1–10M
What they do
Provides healthcare education and services for medical professionals.
Leadership
Timothy Rave · Chair (sdaho President/Ceo)
Money in and out
$1.2M revenue, $1.2M expenses
Bottom line
+3% net inflow

Provides healthcare education and services for medical professionals. For fiscal year 2025 it reported $1.2M in revenue, $1.2M in expenses, and $967K in net assets.Pt I

Money in and out · FY2025
Total revenue
$1.2M
Pt VIII · Ln 12
Total expenses
$1.2M
Pt IX · Ln 25
Net assets
$967K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $34K
Where spending went · Part IX cols B–D
Program services $0.77 Management & general $0.23
Net inflow
+3%
revenue over expenses, this year▼ -87% vs prior filing year
Pass-through gifts
29%
of revenue from contributions▼ -55% vs prior filing year
Program spending
77%
of expenses reach stated programs▼ -2% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$1.2M
FY2025▼ -1%
Expenses
$1.2M
FY2025▲ +23%
Total assets
$1.2M
FY2025▲ +4%
Total liabilities
$187K
FY2025▲ +5%
Total revenue
$1.2M
Pt VIII · Ln 12
Total expenses
$1.2M
Pt IX · Ln 25
Net assets
$967K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$34K
Total assetsPt X · Ln 16$1.2M
Program-expense ratioPt IX · col B77%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 42
Mission & Programs · Part III

Where the work happens

3 program services account for $903K of program spending, described in the organization's own filed words · FY2025.
01

Healthcare quality initiatives & partnerships the sdaho rural health initiatives department offers the latest information and resources in healthcare quality to our members. Our vision is to be the leading experts in quality which supports sdaho's mission of advancing healthy communities through a unified voice across the healthcare…

$676Kprogram expense
02

Sd Flex

South dakota office of rural health medicare rural hospital flexibility sdaho hret continues the contract with the south dakota office of rural health (SD orh) to support programmatic, financial, operational, and quality improvement for the south dakota medicare rural hospital flexibility (flex) program.

$142Kprogram expense
03

Hospital datasdaho is a central location for members and the public to request data related to hospital utilization, financial performance, and balance sheet. We are a source of comparable information on inpatient utilization, outpatient statistics, charges and expenses per day and per stay, uncollected charges, number of days in…

$85Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSouth Dakota Association of Healthcare Organizations Healthcare Research Educ
EINHdr · item D37-1835290
Principal addressHdr · item CSioux Falls, SD
WebsiteHdr · item Jwww.sdaho.org
Year of formationHdr · item L2016
State of legal domicileHdr · item MSD
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S19)
Ruling yearIRS BMFNov 2016

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b2
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Chair (sdaho President/Ceo)
$0Pt VII · Sec A
$0Pt VII · Sec A
Director - Left 8/2025
$0Pt VII · Sec A
Director - Joined 8/2025
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Program service revenue$836K · 69%
Contributions & grants$350K · 29%
Investment income$17K · 1%
Program service revenue69%$836K
Contributions & grants29%$350K
Investment income1%$17K
Total revenueLn 12$1.2M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.77 Management & general $0.23
Program services77%$903K
Management & general23%$266K
Total functional expensesLn 25$1.2M

Balance Sheet

Part X · end of year
CashLn 1$781K
Total assetsLn 16$1.2M
Total liabilitiesLn 26$187K
Total net assetsLn 32$967K
Months of cash on handcomputed8.0

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $781K · Operating expenses/yr $1.2M
8.0 months
Where the money goes
Program services
Program services $903K · Total expenses $1.2M
77%
Management & General
Management & general $266K · Total expenses $1.2M
23%
Fundraising
Fundraising $0 · Total expenses $1.2M
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $317K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $350K · Total revenue $1.2M
29%
Government reliance
Government grants — · Total revenue $1.2M
Earned-income share
Program service revenue $836K · Total revenue $1.2M
69%
Investment reliance
Investment income $17K · Total revenue $1.2M
+1%
Program self-sufficiency
Program service revenue $836K · Total expenses $1.2M
72%
Growth & trend
Revenue growth (YoY)
This year $1.2M · Prior year $1.2M
-1%
Revenue CAGR
FY2020 $2.2M · FY2025 $1.2M
-11%
Net-asset trend (YoY)
End of year $967K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.2M · Expenses $1.2M
+3%
Liabilities-to-Assets
Total liabilities — · Total assets $1.2M
Net-asset ratio
Net assets $967K · Total assets $1.2M
84%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.2M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Timothy Rave · Reported title CHAIR (SDAHO PRESIDENT/CEO) · Highest reported compensation $0 · Total expenses $1.2M
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $575K · Total expenses $1.2M
49%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 77%
Overhead ratio 23%
Revenue growth -1%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$10K
Grants paid · 66 grants · $1.8M · 2020–2025
University of South DakotaFY2025$12,621
Sunset Manor INCSD · FY2025$10,000
Mobridge Regional HospitalSD · FY2025$10,000
Fall River Health ServicesSD · FY2025$10,000
Unitemized GrantFY2025$8,749
Mitchell Technical CollegeFY2025$7,500
University of South DakotaFY2024$15,079
Mitchell Technical CollegeFY2024$15,000
Bowdle HospitalSD · FY2024$10,433
Coteau Des Prairies HospitalSD · FY2024$10,433
Unitemized GrantFY2024$9,620
Madison Community HospitalSD · FY2023$10,433
Fall River Health ServicesSD · FY2023$10,433
Winner Regional Healthcare CenterSD · FY2023$10,433
See all 66 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$1.2M revenue · viewing · ⤓ 990 PDF
FY2024$1.2M revenue · ⤓ 990 PDF
FY2023$843K revenue · ⤓ 990 PDF
FY2022$790K revenue · ⤓ 990 PDF
FY2021$762K revenue · ⤓ 990 PDF
FY2020$2.2M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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