ST MARY'S MEDICAL CENTER

ST MARY'S MEDICAL CENTER

Duluth, MN, US
501(c)3
EIN
41-0695604
Hospital
Regional Funder
Subordinate Organization

ST MARY'S MEDICAL CENTER

Duluth, MN, US
501(c)3
EIN
41-0695604
Hospital
Regional Funder
Subordinate Organization

Overview

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Est.

1985

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

St. Mary's Medical Center, a Catholic, Benedictine-sponsored facility and a member of the Essentia Health family, is dedicated to providing holistic hospital care with a particular focus on the poor and powerless. With an operating budget of $606.6 million and total revenue of $563.8 million for the 2024 filing year, the organization operates without reliance on a single funder for more than 50% of its revenue. More information can be found on their website at www.essentiahealth.org.

Mission Statement

THROUGHOUT ESSENTIA HEALTH, WE ARE CALLED TO MAKE A HEALTHY DIFFERENCE IN PEOPLE'S LIVES. AS A MEMBER OF THE ESSENTIA HEALTH FAMILY, ST. MARY'S MEDICAL CENTER'S MISSION AS A CATHOLIC, BENEDICTINE SPONSORED FACILITY IS TO PROMOTE CHRIST'S MINISTRY OF HOLISTIC HEALING FOR ALL HUMAN LIFE WITH SPECIAL CONCERN FOR THE POOR AND POWERLESS.
Revenues

$563.8M

Expenses

$609.9M

Net Income:
-$46.1M
Assets

$1B

Liabilities

$76M

Net Assets:
+$930.9M
Operating Budget

$606.6M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

2

Median grant size
$319K
Largest grant received
$628K
T
Thomas Jamar
Board Member
T
Tony Yung
Board Member
J
Joseph Mihalek
Board Member

Frequently Asked Questions

What is ST MARY'S MEDICAL CENTER’s budget?
In 2024, ST MARY'S MEDICAL CENTER reported an annual operating budget of around $606.6 million. More detailed financial information is available to registered users.
What causes does ST MARY'S MEDICAL CENTER support?
ST MARY'S MEDICAL CENTER supports work in Hospital care.
Where does ST MARY'S MEDICAL CENTER operate?
ST MARY'S MEDICAL CENTER is headquartered in Duluth, MN.
Who funded ST MARY'S MEDICAL CENTER recently?
In 2024, ST MARY'S MEDICAL CENTER received grants from ESSENTIA HEALTH FOUNDATION, NORTHLAND FOUNDATION, and SAFE KIDS WORLDWIDE. More information on this organization’s funders is available to registered users.
What is the largest grant ST MARY'S MEDICAL CENTER received in 2024?
The largest grant to ST MARY'S MEDICAL CENTER in 2024 exceeds $628 thousand.
What is ST MARY'S MEDICAL CENTER’s reliance on government grants?
ST MARY'S MEDICAL CENTER relied on government grants for less than 5% of their total revenue in 2024.
Overview
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