Allina Health Foundation
Nonprofit profile at a glance
- EIN
- 274116873
- IRS 990 coverage
- 2011–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Minneapolis, MN, US
- Phone
- 612-262-0635
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $37,098,935
- Expenses
- $23,596,856
- Assets
- $276,986,525
- Liabilities
- $2,343,634
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- LISA SHANNON (PRESIDENT/CEO)
Highest reported compensation
- LISA SHANNON (PRESIDENT/CEO): $4,092,093 total reported compensation
- DOUGLAS WATSON (EVP/CFO): $1,136,903 total reported compensation
- TROY LINDLOFF (VP/CHIEF DEVELOPMENT OFFIC): $626,186 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Allina health foundation is dedicated to raising philanthropic support to advance the mission of allina health to serve our communities by providing exceptional care, as we prevent illness, restore health and provide comfort to all who entrust us with their care.
What it reported doing in 2024
Healing environments and property improvements: allina health foundation funds some costs of constructing and maintaining healing environments, clinics and hospitals. This investment in properties ensures that all locations are maintained so patients have the best care possible. Providing holistic care to patients requires mental and emotional well-being in clinics and hospitals; this state of well-being is impacted by the physical environment of the facilities. Allina health foundation is committed to improving patient care locations, including renovations and expansions of clinics, hospitals and specialized facilities. In 2024, allina health foundation funding supported the development of the center for mental health and addiction on the mercy hosppital-unity campus in fridley. This center provides a full range of services for children, teens, adults and seniors. Allina health foundation also funded the renovation of the transitional rehabilitation program therapy gym at courage kenny rehabilitation institute in golden valley, combining spaces for a larger and more efficient location that imporves collaboration among staff members.
Operating model
- Revenue model
- Donor-supported. 80% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and some filed totals do not add up.
Rating breakdown
- Financial Efficiency: 75
- Transparency & Controls: 69
- Accountability: 94
- Sustainability: 84
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 75.4%; rating input score 75
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 93.8%; rating input score 94; 17th percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 42nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 90%; rating input score 90; 22nd percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 36.4%; rating input score 90; 90th percentile among comparable filings
- Total-asset coverage ratio: 11.74; rating input score 92; 92nd percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 93; 93rd percentile among comparable filings
- Officer compensation ratio: 7.3%; rating input score 34; 34th percentile among comparable filings
Growth
- Program expense growth: 29% per year; rating input score 100; 95th percentile among comparable filings
- Revenue growth: 22.3% per year; rating input score 100; 93rd percentile among comparable filings
- Asset growth: 32% per year; rating input score 100; 96th percentile among comparable filings
Details
- What they do: Mission, programs, and operating context captured from the official website.
- Where the money goes: 75.4% of revenue deployed · 100% of spending went to programs
- Governance: 9 of 10 board members independent · 9 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $23.6M in reported program spending
- Leadership: top reported pay $4.1M · 14 people listed · 0 of 6 pay-setting controls reported
- Consistency: 19 of 20 current checks pass · 1 finding to review
- Schedules: 8 filed schedules · includes major donors, grants, and executive pay
- Filing history: 13 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 17 filed money-flow records
- Related organizations: 46 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Moderate — Sustainability: Officer compensation ratio scored 34/100.