ST JOSEPH'S MEDICAL CENTER

ST JOSEPH'S MEDICAL CENTER

Brainerd, MN, US
501(c)3
EIN
41-0695602
Hospital
Regional Funder
Subordinate Organization

ST JOSEPH'S MEDICAL CENTER

Brainerd, MN, US
501(c)3
EIN
41-0695602
Hospital
Regional Funder
Subordinate Organization

Balance Sheet

Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)

$438,535,356

Investments
57%
Cash & Equivalents
20%
Property, Plant, & Equipment (net)
12%
Receivables (Non-Related)
8%
Inventories
1%
Other Assets
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)

$56,508,192

Tax-Exempt Bond Liabilities
47%
Payables & Accruals
36%
Notes Payable / Debt (Non-Related)
12%
Other Liabilities
5%
Grants Payable
0%
Deferred Revenue
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$82,847,575
$89,544,407
+8%
Receivables (Non-Related)
$29,073,882
$35,282,959
+21%
Related-Party Receivables
-
-
-
Inventories
$5,476,089
$5,491,958
+0%
Prepaid Expenses
$677,126
$758,966
+12%
Investments
$230,522,710
$249,942,547
+8%
Property, Plant, & Equipment (net)
$52,338,717
$54,174,644
+4%
Other Assets
$3,636,170
$3,339,875
-8%
Total Assets
$404,572,269
$438,535,356
+8%
Liabilities
2023
2024
Change
Payables & Accruals
$16,654,598
$20,206,418
+21%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
$26,651,612
$26,495,738
-1%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$6,946,599
$6,730,744
-3%
Related-Party Payables
-
-
-
Other Liabilities
$3,266,455
$3,075,292
-6%
Total Liabilities
$53,519,264
$56,508,192
+6%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$351,053,005
$382,027,164
+9%
Net assets
2023
2024
Change
Net assets
+$351,053,005
+$382,027,164
+9%
Balance Sheet
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