PARK NICOLLET GROUP RETURN

PARK NICOLLET GROUP RETURN

St. Louis Park, MN, US
501(c)3
EIN
45-5023260
Hospital
Regional Funder
Subordinate Organization

PARK NICOLLET GROUP RETURN

St. Louis Park, MN, US
501(c)3
EIN
45-5023260
Hospital
Regional Funder
Subordinate Organization

Balance Sheet

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

$1,640,149,605

Investments
39%
Property, Plant, & Equipment (net)
24%
Cash & Equivalents
19%
Receivables (Non-Related)
13%
Other Assets
3%
Inventories
1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)

$418,339,551

Tax-Exempt Bond Liabilities
54%
Payables & Accruals
26%
Other Liabilities
20%
Deferred Revenue
<1%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$5,010,386
$316,516,643
+6217%
Receivables (Non-Related)
$696,821,005
$215,277,248
-69%
Related-Party Receivables
-
-
-
Inventories
$19,521,464
$22,625,696
+16%
Prepaid Expenses
$926,060
$1,735,786
+87%
Investments
$583,597,652
$637,250,158
+9%
Property, Plant, & Equipment (net)
$412,484,573
$395,225,666
-4%
Other Assets
$25,419,960
$51,518,408
+103%
Total Assets
$1,743,781,100
$1,640,149,605
-6%
Liabilities
2023
2024
Change
Payables & Accruals
$294,481,135
$108,956,659
-63%
Grants Payable
-
-
-
Deferred Revenue
$2,246,558
$133,501
-94%
Tax-Exempt Bond Liabilities
$294,260,454
$226,412,057
-23%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$24,130,515
$82,837,334
+243%
Total Liabilities
$615,118,662
$418,339,551
-32%
Net assets
2023
2024
Change
Restricted Net Assets
$560,449
$612,970
+9%
Unrestricted Net Assets
$1,128,101,989
$1,221,197,084
+8%
Net assets
2023
2024
Change
Net assets
+$1,128,662,438
+$1,221,810,054
+8%
Balance Sheet
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