Trinity Health FY2021 filing

Tax-deductible

Minot, ND501(c)(3)Since 1929Health CareEIN 45-0226558

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Trinity Health is committed to preserving and improving the quality of Health of the people we serve. Our mission is to excel at meeting the needs of the whole person through the provision of quality Health care and Health related services.

501(c)(3) charity; gifts are tax-deductible.
97¢ of each $1 spent went to programs.
$11.5M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 5
filings with a surplus
Average deficit $18.8M a year · 14% of revenue · last 5 filings
Concern: a surplus in 0 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
97%
of spending
Looks good: 97% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$11.5M
to officers and key staff · 8% of spending
Looks good: pay to officers and key staff is 8% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Concern: 0.0 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $6K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$28.1M
59% of total assets
Fine: liabilities are 59% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
8
of 11 voting members
Looks good: 8 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$127.8M
+2% vs prior year
Spent
$149.2M
To programs
97%
Net assets
$19.5M
By yearFY2020–FY2024
Revenue
$127.8M
FY2021▲ +2%
Revenue by fiscal year
FY2020$125.4M
FY2021$127.8M
FY2022$137.9M
FY2023$135.8M
FY2024$136.6M
FY2024$136.2M
Expenses
$149.2M
FY2021▼ -4%
Expenses by fiscal year
FY2020$154.6M
FY2021$149.2M
FY2022$154.7M
FY2023$151.3M
FY2024$148.0M
FY2024$151.3M
Net assets
$19.5M
FY2021▲ +9%
Net assets by fiscal year
FY2020$17.9M
FY2021$19.5M
FY2022$22.8M
FY2023$26.9M
FY2024$22.1M
FY2024$22.6M

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 2003.

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

Where the money goes

97 cents of each dollar spent went to programs.

Program services 97% · $145.1M Management & general 3% · $4.1M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

24 people listed on the 990; $11.5M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Physician
$1,977,580Pt VII · Sec A
$1,473,943Pt VII · Sec A
$1,459,591Pt VII · Sec A
$1,396,839Pt VII · Sec A
Physician
$1,160,036Pt VII · Sec A
President & CEO
$978,344Pt VII · Sec A
$657,795Pt VII · Sec A
$564,020Pt VII · Sec A

Brent Knudson MD’s $1.8M as Physician is at the 80th percentile of top reported officer pay among 1747 $100M+ health care nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Samir Turk MD$1,769,789$1,929,190$2,117,218$1,596,771$1,977,580$1,842,275
Brent Knudson MD$1,789,690$1,528,018————
Cody Pehrson MD$1,747,386$1,542,574$1,503,807$1,266,512——
Thompson Kamba MD——$1,515,992$1,657,009$1,473,943$1,506,911
Alexandra Radu MD$1,587,669$1,623,929$1,436,441$1,382,461——
Sridhar Naidu MD—$1,519,467—$1,308,264$1,459,591$1,338,926
Brian Johnson MD$1,503,870—————
Farzodd Hanjani MD——$1,473,909—$1,396,839$1,318,469

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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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 quality healthcare and health services to meet people's complete needs.

Provided by the organization

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3 programs · $145.1M · in their own filed words · FY2020
01

Trinity health provides education and healthcare services for residents of central and northwest north dakota and northeastern montana.

$123.3Mprogram expense
02

Trinity health provides optometry services for general eyecare and eye testing for optical aids; ophthalmologists who provide comprehensive eye and vision care, including surgery to repair and enhance vision; optometrists who provides general eyecare and eye testing for optical aids and optical sale of contact lens and eyeglasses.

$11.7Mprogram expense
03

Trinity health radiologists are highly trained and skilled at assessing and interpreting x-rays, CT, nuclear medicine, ultrasound, mri scans, and mammography images.

$10.1Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$6K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$127.8M
Ln 12
Fees for servicesLn 2g$125.3M
Gifts and grantsLn 1h$2.4M
Investment incomeLn 3$100K
Money outPt IX
$149.2M
Ln 25
Programscol B$145.1M
Managementcol C$4.1M
Owns and owesPt X
$19.5M
net assets · Ln 32
Cash and savingsLn 1–2$433K
Total assetsLn 16$47.5M
LiabilitiesLn 26$28.1M
PeoplePt VI, VII
24
listed · VII A
PaidVII A16
Voting boardVI 1a11
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.4M
Government grantsLn 1e$2.4M
Fees for servicesLn 2g$125.3M
Investment incomeLn 3$100K
Gains on assetsLn 7−$942
Total revenueLn 12$127.8M
Assets in detailPt X, end of year
CashLn 1$433K
Cash and savings togetherLn 1–2$433K
Land, buildings, equipmentLn 10c$28.7M
Total assetsLn 16$47.5M
LiabilitiesLn 26$28.1M
Net assetsLn 32$19.5M
OperationsPt I, VI
EmployeesI 53,328
VolunteersI 680
Fiscal year endsHeaderJune
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
Cash and savingsLn 1–2$606K$433K
Land, buildings, equipmentLn 10c$30.0M$28.7M
Total assetsLn 16$47.3M$47.5M
LiabilitiesLn 26$29.4M$28.1M
Net assetsLn 32$17.9M$19.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$4.7M$1.4M$3.2M
Other salaries and wagesLn 7$114.5M$114.8M−$298K
Pension plan contributionsLn 8$3.5M$3.5M$38K
Other employee benefitsLn 9$5.4M$5.5M−$43K
Payroll taxesLn 10$5.3M$5.1M$120K
Other fees for servicesLn 11g−$5.4M−$5.4M
Advertising and promotionLn 12$271K$269K$2K
Office expensesLn 13$346K$241K$105K
OccupancyLn 16$4.4M$4.4M$22K
Conferences, conventions and meetingsLn 19$79K$79K$477
InterestLn 20$332K$155K$177K
Depreciation, depletion and amortizationLn 22$2.9M$2.7M$219K
InsuranceLn 23$941K$941K
Other expenses (24a–d)Ln 24$11.3M$11.2M$65K
All other expensesLn 24e$598K$152K$446K
Total functional expensesLn 25$149.2M$145.1M$4.1M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $136.6M$148.0M−$11.4M$22.1M 990 PDF
FY2023 $135.8M$151.3M−$15.4M$26.9M 990 PDF
FY2022 $137.9M$154.7M−$16.8M$22.8M 990 PDF
FY2021 Viewing $127.8M$149.2M−$21.3M$19.5M 990 PDF
FY2020 $125.4M$154.6M−$29.3M$17.9M 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 (4 parts)
Part VIII · Statement of revenue $127,823,873 across 8 lines filed
VIII-1e Government grants$2,444,855
VIII-1h Total contributions, gifts and grants$2,444,855
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $125,176,947 · Unrelated business $104,576$125,281,523
VIII-3 Investment incomeExcluded from tax $101,292$101,292
VIII-6 Net rental income or lossUnrelated business −$12,540 · Excluded from tax $58,685$46,145
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$942−$942
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax −$49,000−$49,000
VIII-12 Total revenueRelated to mission $125,176,947 · Unrelated business $92,036 · Excluded from tax $110,035$127,823,873
Part IX · Statement of functional expenses $149,154,787 across 15 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $1,431,807 · Management $3,222,474$4,654,281
IX-7 Other salaries and wagesPrograms $114,786,676 · Management −$297,669$114,489,007
IX-8 Pension plan contributionsPrograms $3,498,841 · Management $37,940$3,536,781
IX-9 Other employee benefitsPrograms $5,453,872 · Management −$43,268$5,410,604
IX-10 Payroll taxesPrograms $5,149,738 · Management $120,112$5,269,850
IX-11g Other fees for servicesPrograms −$5,412,805−$5,412,805
IX-12 Advertising and promotionPrograms $268,801 · Management $2,375$271,176
IX-13 Office expensesPrograms $240,672 · Management $105,027$345,699
IX-16 OccupancyPrograms $4,419,169 · Management $22,190$4,441,359
IX-19 Conferences, conventions and meetingsPrograms $78,673 · Management $477$79,150
IX-20 InterestPrograms $155,069 · Management $177,266$332,335
IX-22 Depreciation, depletion and amortizationPrograms $2,690,088 · Management $219,400$2,909,488
IX-23 InsurancePrograms $941,387$941,387
IX-24 Other expenses (24a–d)Programs $11,223,736 · Management $64,799$11,288,535
IX-24e All other expensesPrograms $151,587 · Management $446,353$597,940
IX-25 Total functional expensesPrograms $145,077,311 · Management $4,077,476 · Fundraising $0$149,154,787
Part X · Balance sheet $47,519,080 assets, 12 lines filed
Asset lines not itemized here account for $2,299,924; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $606,230$433,072
X-4 Accounts receivableStart of year $14,380,854$15,642,633
X-8 Inventories for sale or useStart of year $394,247$308,573
X-9 Prepaid expenses and deferred chargesStart of year $164,489$104,645
X-10c Land, buildings and equipment, netStart of year $30,010,907$28,730,233
X-16 Total assetsStart of year $47,275,469$47,519,080
X-17 Accounts payable and accrued expensesStart of year $18,237,635$16,825,484
X-25 Other liabilitiesStart of year $11,181,604$11,238,120
X-26 Total liabilitiesStart of year $29,419,239$28,063,604
X-27 Net assets without donor restrictionsStart of year $17,856,230$19,455,476
X-32 Total net assets or fund balancesStart of year $17,856,230$19,455,476
X-33 Total liabilities and net assetsStart of year $47,275,469$47,519,080
Part XI · Reconciliation of net assets $19,455,476 net assets at year end
XI-1 Total revenue$127,823,873
XI-2 Total expenses$149,154,787
XI-3 Revenue less expenses−$21,330,914
XI-4 Net assets at start of year$17,856,230
XI-9 Other changes in net assets$22,930,160
XI-10 Net assets at end of year$19,455,476

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

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