HENNEPIN HEALTHCARE RESEARCH INSTITUTE Charity Report

Public IRS 990 nonprofit record

HENNEPIN HEALTHCARE RESEARCH INSTITUTE

EIN 41-1677920 · Medical Disciplines Research (H90)

What they do

IMPROVE PATIENT CARE and THE HEALTH of OUR COMMUNITY THROUGH RESEARCH and EDUCATION.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $92.20 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 leaders26 people are listed in the latest report.

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

Money made simple

90.16%of revenue went to mission work92.2% of expenses · Program services

$97.78spent for every $100 of revenueRevenue covered expenses this year.

7.63%of revenue went to management and office costs7.8% of expenses

$1.41in assets for every $1 spent this yearSome assets cannot be spent right away.

96.0%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 $315,094 for DAVID GILBERTSON (PROGRAM CO-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$54,717,221

Mission workProgram services$49,330,49590.16% of revenue92.2% of expenses

ManagementOffice and general costs$4,173,9087.63% of revenue7.8% of expenses

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

Revenue left after expensesReported annual surplus$1,212,8182.22% of revenueShown in gray on the chart

Total expenses$53,504,40397.78% 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: 92.2% mission · 7.8% management · 0.0% fundraisingTotal expenses: 97.78% of revenue

2023Expense mix: 92.9% mission · 7.1% management · 0.0% fundraisingTotal expenses: 97.04% of revenue

2022Expense mix: 92.4% mission · 7.6% management · 0.0% fundraisingTotal expenses: 89.35% of revenue

2021Expense mix: 92.5% mission · 7.5% management · 0.0% fundraisingTotal expenses: 94.61% of revenue

2020Expense mix: 91.4% mission · 8.6% management · 0.0% fundraisingTotal expenses: 97.80% of revenue

2019Expense mix: 91.7% mission · 8.3% management · 0.0% fundraisingTotal expenses: 97.66% of revenue

2017Expense mix: 91.0% mission · 9.0% management · 0.0% fundraisingTotal expenses: 93.24% of revenue

2016Expense mix: 91.6% mission · 8.4% management · 0.0% fundraisingTotal expenses: 97.80% of revenue

Money in and money out

Revenue$54,717,221

Expenses$53,504,403

Annual surplus $1,212,818 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)$49,330,495 · 92.2% of expenses

Management and office costs$4,173,908 · 7.8% of expenses

See all reported dollar amounts

Revenue$54,717,221

Expenses$53,504,403

Assets$75,518,149

Income$54,725,026

Contributions$52,551,531

Mission work (program services)$49,330,495

Grants given$14,693

Average grant$14,693

Management and general$4,173,908

Executive compensation (total)$567,693

Stocks and bonds$55,460,656

Accounting fees$55,678

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

DAVID GILBERTSONPROGRAM CO-DIRECTOR · 40 hrs/week $315,094Base $260,228 · Other $54,866

RACHEL NYGAARDDIRECTOR/SURGERY RESEARCH · 40 hrs/week $287,047Base $231,903 · Other $55,144

JIANNOUNG LIUDIRECTOR, ANALYSIS · 40 hrs/week $259,714Base $213,572 · Other $46,142

JON SNYDERDIRECTOR, TRANSPLANT EPIDEMIOLOGY · 40 hrs/week $257,127Base $213,084 · Other $44,043

KIM MILLERVP OF OPERATIONS & COO · 40 hrs/week $216,065Base $177,092 · Other $38,973

SHULING LIEPIDDEMIOLOGIST & BIOSTATISTICIAN · 40 hrs/week $212,488Base $174,782 · Other $37,706

WARREN MCKINNEY PHDDIRECTOR/VP FOR EQUITY IN RESEARCH/INVESTIGATOR · 40 hrs/week $141,754Base $117,100 · Other $24,654

MEGHAN WALSH MD MPH FACPDIRECTOR/HHS - CARO $64,536Base · Other $64,536

THERESA PESCH RNHHS VP OF PHILANTHROPHY $62,880Base · Other $62,880

MICHAEL PUSKARICH MD MSDIRECTOR/PHYSICIAN · 7 hrs/week $60,396Base · Other $60,396

KIRSTEN L JOHANSEN MDPRESIDENT/INVESTIGATOR · 30 hrs/week $58,740Base · Other $58,740

JASON BAKER MDFORMER VICE PRESIDENT/INVESTIGATOR · 29 hrs/week $56,368Base · Other $56,368

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 (26)

DAVID GILBERTSONPROGRAM CO-DIRECTOR

RACHEL NYGAARDDIRECTOR/SURGERY RESEARCH

JIANNOUNG LIUDIRECTOR, ANALYSIS

JON SNYDERDIRECTOR, TRANSPLANT EPIDEMIOLOGY

KIM MILLERVP OF OPERATIONS & COO

SHULING LIEPIDDEMIOLOGIST & BIOSTATISTICIAN

WARREN MCKINNEY PHDDIRECTOR/VP FOR EQUITY IN RESEARCH/INVESTIGATOR

MEGHAN WALSH MD MPH FACPDIRECTOR/HHS - CARO

THERESA PESCH RNHHS VP OF PHILANTHROPHY

MICHAEL PUSKARICH MD MSDIRECTOR/PHYSICIAN

KIRSTEN L JOHANSEN MDPRESIDENT/INVESTIGATOR

JASON BAKER MDFORMER VICE PRESIDENT/INVESTIGATOR

ANNE FROSCH MDDIRECTOR/INVESTIGATOR

ANDREW SCHMIDT MDDIRECTOR/PHYSICIAN (UNTIL 6/24)

ERIC LING MD MBA MADIRECTOR/HHS - CHIEF OF MEDICAL OFFICER

AJAY ISRANI MD MSFORMER PRESIDENT/INVESTIGATOR

ANNE MURRAY MD MSFORMER SECRETARY/TREASURER/INVESTIGATOR

MARK WILLMERT CPA INACTIVEHHF/HHRI - VP OF FINANCE

GOPAL KHANNA MBADIRECTOR

MIAJA CASSIDY JD CHC CCEPBOARD VICE CHAIR

EDWARD P EHLINGER MD MSPHDIRECTOR

PRAT VERMA MBA MSDIRECTOR

CONNIE DELANEY PHD RN FAANBOARD CHAIR

RICHARD KING MD PHDBOARD CHAIR (UNTIL 4/24)

SERAFIN SAMSON MBA MSSECRETARY/TREASURER

SIMON SHANNON MBA PHDDIRECTOR

About this charity

Recognized since: January 1990
Location: 701 PARK AVE PP7 700, MINNEAPOLIS, MN 55415-1623
County: Hennepin
In care of: % PAYROLL DEPARTMENT
Primary officer: KIM MILLER, COO

How to reach them

WebsiteVisit the charity’s website Phone(612) 873-3386

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: CLIFTONLARSONALLEN LLP
NTEE classification: Medical Disciplines Research (H90)
IRS tax category: Medical Disciplines Research
Grant-giving organization: Yes