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

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$292,136,675

Program Services
97%
Investments
2%
Other
<1%
Government Grants
<1%
Contributions
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$279,100,535

Salaries & Benefits
50%
Other
36%
Fees to Service Providers
6%
Offices, Occupancy & IT
4%
Depreciation
3%
Interest
<1%
Grants
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$19,985
$15,093
-24%
Government Grants
$540,848
$626,137
+16%
Fundraising Events
$0
$0
-
Program Services
$268,084,969
$282,848,332
+6%
Membership Dues
$0
$0
-
Investments
$4,843,130
$6,746,487
+39%
Other
$2,466,557
$1,900,626
-23%
Total Revenues
$275,955,489
$292,136,675
+6%
Expenses
2023
2024
Change
Grants
$324,222
$335,450
+3%
Benefits to Members
$0
$0
-
Salaries & Benefits
$129,082,375
$140,115,963
+9%
Fees to Service Providers
$22,840,119
$17,977,139
-21%
Advertising & Promotion
$119,874
$103,178
-14%
Offices, Occupancy & IT
$10,760,269
$11,129,565
+3%
Interest
$709,128
$1,866,495
+163%
Depreciation
$7,749,853
$7,129,522
-8%
Other
$92,161,247
$100,443,223
+9%
Total Expenses
$263,747,087
$279,100,535
+6%
Net income
2023
2024
Change
Net income
+$12,208,402
+$13,036,140
+7%
Functional Expenses
Summary
2023
2024
Change
Program
$232,413,949
$242,986,502
+5%
Admin
$31,333,138
$36,114,033
+15%
Fundraising
$0
$0
-
Total Expenses
$263,747,087
$279,100,535
+6%
Income Statement
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