HENNEPIN HEALTHCARE SYSTEM INC

MINNEAPOLIS, MN, 55415-1623 (612) 873-6518 Est. 2007 EIN 42-1707837
E220— Health Care Form 990 501(c)(3)
WWW.HENNEPINHEALTHCARE.ORG

Mission

HENNEPIN HEALTHCARE SYSTEM'S (HHS) MISSION IS "WE PARTNER WITH OUR COMMUNITY, OUR PATIENTS, AND THEIR FAMILIES TO ENSURE ACCESS TO OUTSTANDING CARE FOR EVERYONE, WHILE IMPROVING HEALTH AND WELLNESS THROUGH TEACHING, PATIENT AND COMMUNITY EDUCATION AND RESEARCH." HHS STRIVES TO PROVIDE THE BEST POSSIBLE CARE TO EVERY PATIENT; TO SEARCH FOR NEW WAYS TO IMPROVE THE CARE THAT WILL BE PROVIDED TOMORROW; TO EDUCATE HEALTH CARE PROVIDERS FOR THE FUTURE; AND TO ENSURE ACCESS TO HEALTH CARE FOR ALL.

Giving Portfolio

Total Grants
239
Total Giving
$11.1M
Recipients
195
Years Active
2018 - 2024
Avg grant: $47,331 Median: $15,282

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
202422$610K $28K813
202331$1.8M $57K1318
202264$2.8M $44K1120
202128$1.5M $53K819
202024$1.7M $72K220
201936$1.6M $45K1417
201834$1.1M $32K320

Sectors Funded

Health Care
104
Medical Research
8
Housing & Shelter
6
Community Improvement
2
Employment
1
Human Services
1
Education
1

Top States

Minnesota
220
Illinois
5
Missouri
3
Oklahoma
2
California
1
Texas
1
Pennsylvania
1
North Dakota
1
and 5 more states

Grantee Size Profile

Over $50M
98
$10M - $50M
14
Under $100K
6
$1M - $5M
4
$500K - $1M
2
$5M - $10M
1

Top Grantees

Page 1 of 3
MN - 7 grants
$1.9M
UNIVERSITY OF MINNESOTA
MN - 5 grants
$882K
REGENTS OF THE UNIVERSITY OF MINNESOTA
MN - 5 grants
$639K
MN - 6 grants
$487K
$303K
MASA CONSULTING INC
MN - 7 grants
$220K
$215K
PATTERSON DENTAL
MN - 4 grants
$202K

Grants Awarded · 132 grants

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Financials

Total Revenue
$1,709,796,054
Total Expenses
$1,719,315,271
Net Assets
$-883,549
8,681 employees 286 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
0.0 months Low
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 10.0%
Expenses ↑ 6.8%
Revenue Sources
Contributions 8.0% Earned revenue 92.0%
Expense Breakdown
Program 89.2% Management 10.8%

Officers & Trustees (30)

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Filing History (8 filings)

YearRevenueExpensesNet Assets
2024 Form 990
Jan 1, 2024 to Dec 31, 2024
$1,709,796,054 $1,719,315,271$-883,549
2023 Form 990
Jan 1, 2023 to Dec 31, 2023
$1,554,670,883 $1,609,599,129$7,696,142
2022 Form 990
Jan 1, 2022 to Dec 31, 2022
$1,429,182,475 $1,457,616,429$56,566,306
2022 Form 990
Jan 1, 2022 to Dec 31, 2022
$1,429,182,475 $1,457,616,429$56,566,306
2021 Form 990
Jan 1, 2021 to Dec 31, 2021
$1,359,047,890 $1,313,741,792$93,319,930
2020 Form 990
Jan 1, 2020 to Dec 31, 2020
$1,214,727,754 $1,172,924,796$49,113,887
2019 Form 990
Jan 1, 2019 to Dec 31, 2019
$1,114,694,494 $1,130,712,653$9,442,393
2018 Form 990
Jan 1, 2018 to Dec 31, 2018
$1,063,176,845 $1,049,460,841$24,123,638

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EIN: 42-1707837 · Source: IRS Form 990 e-file data