REGIONS HOSPITAL Charity Report

Public IRS 990 nonprofit record

REGIONS HOSPITAL

EIN 41-0956618 · Health Care (E220)

What they do

to IMPROVE THE HEALTH of OUR PATIENTS and COMMUNITY BY PROVIDING HIGH QUALITY HEALTH CARE WHICH MEETS THE NEEDS of ALL PEOPLE. OUR VISION is to BE THE PATIENT-CENTERED HOSPITAL of CHOICE of OUR COMMUNITY.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $90.30 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders34 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

87.03%of revenue went to mission work90.3% of expenses · Program services

$96.35spent for every $100 of revenueRevenue covered expenses this year.

9.31%of revenue went to management and office costs9.7% of expenses

$1.14in assets for every $1 spent this yearSome assets cannot be spent right away.

0.3%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $910,637 for ANDREA M WALSH (DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$1,127,937,107

Mission workProgram services$981,683,33587.03% of revenue90.3% of expenses

ManagementOffice and general costs$105,059,2299.31% of revenue9.7% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$41,194,5433.65% of revenueShown in gray on the chart

Total expenses$1,086,742,56496.35% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 90.3% mission · 9.7% management · 0.0% fundraisingTotal expenses: 96.35% of revenue

2023Expense mix: 91.0% mission · 8.8% management · 0.1% fundraisingTotal expenses: 93.84% of revenue

2022Expense mix: 91.4% mission · 8.5% management · 0.1% fundraisingTotal expenses: 98.55% of revenue

2021Expense mix: 91.7% mission · 8.3% management · 0.0% fundraisingTotal expenses: 92.40% of revenue

2020Expense mix: 92.5% mission · 7.5% management · 0.0% fundraisingTotal expenses: 94.72% of revenue

2019Expense mix: 94.7% mission · 5.3% management · 0.0% fundraisingTotal expenses: 95.14% of revenue

2018Expense mix: 94.4% mission · 5.6% management · 0.0% fundraisingTotal expenses: 96.71% of revenue

2017Expense mix: 94.7% mission · 5.3% management · 0.0% fundraisingTotal expenses: 94.00% of revenue

Money in and money out

Revenue$1,127,937,107

Expenses$1,086,742,564

Annual surplus $41,194,543 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$981,683,335 · 90.3% of expenses

Management and office costs$105,059,229 · 9.7% of expenses

See all reported dollar amounts

Revenue$1,127,937,107

Expenses$1,086,742,564

Assets$1,236,160,456

Income$1,127,937,107

Contributions$3,729,594

Mission work (program services)$981,683,335

Grants given$4,765,493

Average grant$164,327

Management and general$105,059,229

Executive compensation (total)$3,345,561

Stocks and bonds$364,120,671

Accounting fees$267,958

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

ANDREA M WALSHDIRECTOR $910,637Base · Other $910,637

TYLER R SCHMIDTZVP EAST METRO SURGERY · 49 hrs/week $474,511Base $440,930 · Other $33,581

ROCHELLE JOHNSONVP PCS & CNO · 50 hrs/week $438,455Base $370,670 · Other $67,785

DERRICK M BERNDTNURSE ANESTHETIST · 50 hrs/week $437,085Base $382,056 · Other $55,029

ANTHONY C GRUNDHAUSERVP REGIONS FOUNDATION · 45 hrs/week $424,885Base $357,318 · Other $67,567

EMILY C BLOMBERGPRESIDENT (JUL-DEC) · 50 hrs/week $413,119Base $381,025 · Other $32,094

NALY T YANGNURSE ANESTHETIST · 50 hrs/week $407,532Base $344,725 · Other $62,807

CHELSEA L GIBBSNURSE ANESTHETIST · 50 hrs/week $394,587Base $328,273 · Other $66,314

TODD MOLENAARNURSE ANESTHETIST · 50 hrs/week $375,997Base $313,372 · Other $62,625

JOHN M CLARKVP FINANCE · 50 hrs/week $368,779Base $326,638 · Other $42,141

MEGAN M REMARKPRESIDENT (JAN-JUN) · 52 hrs/week $368,676Base · Other $368,676

PENNY D CERMAKDIRECTOR $283,429Base · Other $283,429

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (34)

ANDREA M WALSHDIRECTOR

TYLER R SCHMIDTZVP EAST METRO SURGERY

ROCHELLE JOHNSONVP PCS & CNO

DERRICK M BERNDTNURSE ANESTHETIST

ANTHONY C GRUNDHAUSERVP REGIONS FOUNDATION

EMILY C BLOMBERGPRESIDENT (JUL-DEC)

NALY T YANGNURSE ANESTHETIST

CHELSEA L GIBBSNURSE ANESTHETIST

TODD MOLENAARNURSE ANESTHETIST

JOHN M CLARKVP FINANCE

MEGAN M REMARKPRESIDENT (JAN-JUN)

PENNY D CERMAKDIRECTOR

NANCY L EVERTSEC & GENERAL COUNCIL

MARK R SANNES MDDIRECTOR

ALITA RISINGERCFO

BRET C HAAKE MDVPMA & CMO

JEROME C SIY MDDIRECTOR

JENNIFER G HINES MDDIRECTOR

DEBRA A RUDQUISTVP & AMERY PRESIDENT

THOMAS J BOROWSKIVP & HUDSON PRESIDENT

STEVEN M MASSEYVP & WESTFIELD PRESIDENT

HEIDI G CONRADFORMER CFO

RAFAEL ORTEGADIRECTOR

ACOOA ELLISDIRECTOR

TRISTA MATAS CASTILLODIRECTOR (JAN-AUG)

ARMANDO CAMACHODIRECTOR & VICE CHAIR

STEVE STANFIELDDIRECTOR

SATASHA GREEN-STEPHENSDIRECTOR

SANGEETA JAINDIRECTOR & TREASURER

BECCA HAGENDIRECTOR

CARLEEN RHODESDIRECTOR

MARCELLO NAPOLDIRECTOR

LUKE CHRISTENSONDIRECTOR

LANCE WHITACREDIRECTOR & CHAIR

About this charity

Recognized since: January 1987
Location: 8170 33RD AVENUE SOUTH PO BOX 1309, MINNEAPOLIS, MN 554401309
County: Hennepin
In care of: ALITA R RISINGER
Primary officer: ALITA R RISINGER, CHIEF FINANCIAL OFFICER

How to reach them

WebsiteVisit the charity’s website Phone(952) 883-6000

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: KPMG LLP
NTEE classification: Health Care (E220)
IRS tax category: General Medical and Surgical Hospitals
Grant-giving organization: Yes