2023-11-13T11:31:53-06:00 2022-12-31 410746749 CLIFTONLARSONALLEN LLP 220 S 6TH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2022-01-01 411769025 MINNESOTA HOSPITAL FOUNDATION MINN 6516463501 161 SAINT ANTHONY AVE 915 ST PAUL MN 55103 RAHUL KORANNE PRESIDENT & CHIEF EXECUTIVE OFFICER 6516463501 2023-11-08 1 RAHUL KORANNE 999009999 0 MACKENZIE MCNAUGHTON P02025805 6123764500 2023-11-08 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X RAHUL KORANNE 161 SAINT ANTHONY AVE 915 ST PAUL MN 55103 158383 0 X WWW.MNHOSPITALS.ORG X 1993 MN ADVANCE INDIVIDUAL & COMMUNITY THROUGH LEADERSHIP, ADVOCACY, AND COLLABORATION 8 8 0 9 0 0 2635000 125000 0 0 0 33383 0 0 2635000 158383 0 0 0 0 0 0 0 0 0 1225 9760 1225 9760 2633775 148623 2635000 2764800 1225 7260 2633775 2757540 THE MINNESOTA HOSPITAL FOUNDATION WORKS ON STRATEGIES THAT INCLUDE DATA-LED QUALITY AND SAFETY IMPROVEMENT, EDUCATION, RESEARCH, TRAINING AND LEADERSHIP TO IMPROVE THE HEALTH OF MINNESOTANS. 0 0 THE MINNESOTA HOSPITAL FOUNDATION CONTINUES TO EXIST TO IMPLEMENT RESEARCH AND ANALYSIS OPPORTUNITIES THAT WOULD IMPROVE HEALTH CARE BY MAKING IT MORE AFFORDABLE, INCREASING ITS ACCESSIBILITY TO THE PEOPLE OF MINNESOTA, OR IMPROVING THE QUALITY OF PATIENT CARE. 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X SAMANTHA SHALDA 6516591419 161 SAINT ANTHONY AVE STE 915 SAINT PAUL MN 55103 RAHUL KORANNE PRESIDENT/CEO 1.00 39.00 X X 0 892420 104308 STEVEN UNDERDAHL CHAIR 0.50 0.70 X X 0 0 0 JAMES HEREFORD CHAIR ELECT 0.50 0.70 X X 0 0 0 RACHELLE SCHULTZ SECRETARY/TREASURER 0.50 0.50 X X 0 0 0 DAN OLSON EX-OFFICIO DIRECTOR 0.50 0.50 X 0 0 0 DAVID HERMAN STANDING DIRECTOR 0.70 0.50 X 0 0 0 SARA CRIGER STANDING DIRECTOR 0.50 0.70 X 0 0 0 KEVIN CROSTON STANDING DIRECTOR 0.50 0.50 X 0 0 0 GREG RUBERG REGIONAL DIRECTOR 0.50 0.50 X 0 0 0 DEBORAH KIERSTEAD CHEIF FINANCIAL OFFICER 0.00 22.64 X 0 164870 41645 0 1057290 145953 0 0 1 0 0 125000 125000 33383 33383 158383 0 0 33383 4586 4586 1449 1449 3725 3725 9760 0 9760 0 2635000 2764800 2635000 2764800 1225 7260 1225 7260 X 2633775 2757540 2633775 2757540 2635000 2764800 148623 -24858 0 X 0 1 X 1 0 X X X 1 MINNESOTA HOSPITAL ASSOCIATION 410637595 10 1 0 0 1 0 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 PART IV, SECTION A, LINE 3B: THE ORGANIZATION CONIRMS ANNUALLY THAT THE SUPPORTED 501(C)(6) ORGANIZATION SATISFIES THE PUBLIC SUPPORT TESTS UNDER SECTION 509(A)(2). THIS CONFIRMATION LAST TOOK PLACE IN 2022. PART IV, SECTION A, LINE 3C: THE SUPPORTED ORGANIZATION AND THE FILING ORGANIZATION SHARE MANAGEMENT. SUPPORT PROVIDED TO THE SUPPORTED ORGANIZATION IS BASED ON REIMBURSEMENT FOR PROGRAM EXPENDITURES DIRECTLY RELATED TO THE MISSION OF THE SUPPORTED ORGANIZATION. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X PART X, LINE 2: THE ORGANIZATION HAS BEEN RECOGNIZED AS A TAX-EXEMPT NONPROFIT ORGANIZATION UNDER PROVISIONS OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM INCOME TAXES, EXCEPT FOR INCOME RELATING TO UNRELATED BUSINESS INCOME. THE ORGANIZATION FOLLOWS THE GUIDANCE THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ORGANIZATION'S FINANCIAL STATEMENTS. THE COMPANY IS NOT AWARE OF ANY UNCERTAIN TAX POSITIONS AS OF YEAR-END. 0 1 0 0 0 0 0 0 0 RAHUL KORANNE PRESIDENT/CEO 0 521077 0 145200 0 226143 0 89844 0 14464 0 996728 0 0 DEBORAH KIERSTEAD CHEIF FINANCIAL OFFICER 0 149670 0 15200 0 0 0 22574 0 19071 0 206515 0 0 FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION ESTABLISHED ITS BYLAWS IN 2022. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT COPY OF THE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS. THE BOARD REVIEWS THE DRAFT FORM 990, ADDRESSING ANY COMMENTS OR CONCERNS. UPON APPROVAL OF THE DRAFT FORM 990 BY THE BOARD, THE FORM IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION'S CONFLICT OF INTEREST POLICY COVERS MEMBERS OF THE BOARD OF DIRECTORS, OFFICERS, AND OTHER INDIVIDUALS ENGAGED IN THE MANAGEMENT OF THE FOUNDATION THAT OCCUPY POSITIONS OF FIDUCIARY TRUST. COVERED INDIVIDUALS ARE REQUIRED TO UPDATE AN ANNUAL DISCLOSURE STATEMENT THAT IS REVIEWED BY THE BOARD OF DIRECTOR. THE BOARD OF DIRECTORS WILL MEET WITH INDIVIDUAL BOARD MEMBERS THAT ARE DETERMINED TO HAVE A POTENTIAL CONFLICT OF INTEREST TO RESOLVE WHETHER AND HOW THE INDIVIDUAL WILL PARTICIPATE IN FOUNDATION ACTIVITIES ASSOCIATED WITH THE POTENTIAL CONFLICT. IF A COVERED INDIVIDUAL HAS A POTENTIAL CONFLICT OF INTEREST THAT ARISES DURING THE COURSE OF THE YEAR, THE MATERIAL FACTS MUST BE FULLY DISCLOSED TO THE BOARD OF DIRECTORS WHO SHALL DETERMINE IF A CONFLICT EXISTS FOLLOWING THE DISCLOSURE. THE CONFLICTED INDIVIDUAL MAY NOT BE PRESENT FOR THE DISCUSSION, THE VOTE ON THE TRANSACTION, NOR BE COUNTED FOR DETERMINING THE PRESENCE OF A QUORUM. THE MEETING MINUTES SHALL DOCUMENT THE DISCLOSURE, ABSTENTION FROM PARTICIPATION IN THE DISCUSSION, AND THE ABSTENTION FROM VOTING. FORM 990, PART VI, SECTION B, LINE 15A THE RELATED ORGANIZATION, MINNESOTA HOSPITAL ASSOCIATION; USES A COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, FORM 990 OF OTHER ORGANIZATIONS, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE TO ESTABLISH COMPENSATION FOR THE CEO. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. MINNESOTA HOSPITAL ASSOCIATION 161 SAINT ANTHONY AVE 915 ST PAUL MN 55103 410637595 ADVANCE INDIVIDUAL & COMMUNITY HEALTH THROUGH LEADERSHIP, ADVOCACY, & COLLAB MN 501(C)(6) MINNESOTA HOSPITAL ASSOCIATION 0 MINNESOTA HOSPITAL POLITICAL ACTION COMMITTEE 161 SAINT ANTHONY AVE 915 ST PAUL MN 55103 412023814 POLITICAL ACTION COMMITTEE MN 527 MINNESOTA HOSPITAL ASSOCIATION 1 MINNESOTA HOSPITAL ASSOCIATION SERVICE CORPORATION 161 SAINT ANTHONY AVE STE 915 ST PAUL MN 55103 854358082 GROUP PURCHASING MN N/A C 1 MCCA 161 SAINT ANTHONY AVE STE 915 ST PAUL MN 55103 411502234 ADMINISTRATIVE SERVICES MN MINNESOTA HOSPITAL ASSOCIATION C 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 MINNESOTA HOSPITAL ASSOCIATION C 125000 CASH