Hpi Ramsey FY2021 filing

Minneapolis, MNUnknown exempt organizationEIN 41-1793333Revenue $1.4M in FY2021

On file with the IRShealthpartners.com8170 33rd Avenue South Po Box 1309 · Minneapolis, MN

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FY2021 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2023
latest Form 990
Fine: the latest return is for FY2023, 3 tax years back; within 3 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 4
filings with a surplus
Average surplus $1.1M a year · 100% of revenue · last 4 filings
Looks good: a surplus in 4 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
1
of 4 voting members
Worth a look: 1 of 4 voting members are independent, under half.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.4M
0% vs prior year
Spent
$0
Net assets
$78.9M
By yearFY2020–FY2023
Revenue
$1.4M
FY20210%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.4M
FY2021$1.4M
FY2022$1.4M
FY2023$0
Expenses
$0
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2020$0
FY2021$0
FY2022$0
FY2023$0
Net assets
$78.9M
FY2021▲ +13%
Tap a bar for its year
Net assets by fiscal year
FY2020$70.1M
FY2021$78.9M
FY2022$0
FY2023$0

From the FY2021 Form 990 · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2023) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2023.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

7 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Director & President
$0Pt VII · Sec A
Director (jan-June)
$0Pt VII · Sec A
Director & Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
See Hpi Ramsey executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides essential services and support to those in need.

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Provided by the organization

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1 program · in their own filed words · FY2021
01

See Schedule O

Exempt purpose and achievements for a description of program service accomplishments

Pt IX · col B

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$1.4M
Ln 12
Investment incomeLn 3$1.4M
Money outPt IX
$0
Ln 25
Owns and owesPt X
$78.9M
net assets · Ln 32
Total assetsLn 16$78.9M
LiabilitiesLn 26$0
PeoplePt VI, VII
7
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b1
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$1.4M
Total revenueLn 12$1.4M
Assets in detailPt X, end of year
InvestmentsLn 11–13$78.9M
Total assetsLn 16$78.9M
LiabilitiesLn 26$0
Net assetsLn 32$78.9M
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
InvestmentsLn 11–13$70.1M$78.9M
Total assetsLn 16$70.1M$78.9M
LiabilitiesLn 26$0$0
Net assetsLn 32$70.1M$78.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Total functional expensesLn 25$0$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 Latest $0$0$0$0 990 PDF
FY2022 $1.4M$0$1.4M$0 990 PDF
FY2021 Viewing $1.4M$0$1.4M$78.9M 990 PDF
FY2020 $1.4M$0$1.4M$70.1M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $1,419,552 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $1,419,552$1,419,552
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $1,419,552$1,419,552
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $0$0
I-18 Total expensesPrior year $0$0
I-19 Revenue less expensesPrior year $1,419,552$1,419,552
Part VI · Governance 1 of 4 board members independent, no flags
VI-1a Voting members of the governing body4
VI-1b Independent voting members1
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,419,552 across 2 lines filed
VIII-3 Investment incomeRelated to mission $1,419,552$1,419,552
VIII-12 Total revenueRelated to mission $1,419,552 · Unrelated business $0 · Excluded from tax $0$1,419,552
Part IX · Statement of functional expenses $0 across 0 lines filed
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$0
Part X · Balance sheet $78,932,033 assets, 6 lines filed
X-13 Program-related investmentsStart of year $70,132,437$78,932,033
X-16 Total assetsStart of year $70,132,437$78,932,033
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $70,132,437$78,932,033
X-32 Total net assets or fund balancesStart of year $70,132,437$78,932,033
X-33 Total liabilities and net assetsStart of year $70,132,437$78,932,033
Part XI · Reconciliation of net assets $78,932,033 net assets at year end
XI-1 Total revenue$1,419,552
XI-2 Total expenses$0
XI-3 Revenue less expenses$1,419,552
XI-4 Net assets at start of year$70,132,437
XI-9 Other changes in net assets$7,380,044
XI-10 Net assets at end of year$78,932,033

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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