CentraCare
Legal name: Centracare Clinic
Nonprofit profile at a glance
- EIN
- 411806657
- IRS 990 coverage
- 2009–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- St Cloud, MN, USA
- Phone
- 320-200-3200
- Rating
- 72
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Ambulatory Health Center, Community Clinic
Reported finances
- Revenue
- $348,019,745
- Expenses
- $448,182,280
- Assets
- $62,653,131
- Liabilities
- $333,535,765
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
32 people listed
Executive titles in this filing
- KENNETH HOLMEN (PRESIDENT/CEO)
- CHRISTOPHER BOELTER (VICE PRESIDENT)
- JOSEPH BLONSKI (VICE PRESIDENT)
- MARIA MALLORY (VICE PRESIDENT)
- MATTHEW KUNKEL (VICE PRESIDENT)
- PHILIP LUITJENS (VICE PRESIDENT)
Highest reported compensation
- KENNETH HOLMEN (PRESIDENT/CEO): $1,969,529 total reported compensation
- HANI ALKHATIB (PHYSICIAN): $1,704,433 total reported compensation
- PAVAN BHAMIDIPATI (PHYSICIAN): $1,407,400 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To improve the health of our community, provide a superior patient experience, and keep costs as low as safely reasonable for our patients and community.
What it reported doing in 2024
Medical professional services centracare clinic (ccc) provides a wide range of primary care and specialty medical services through a multi-specialty clinic structure as the physician component of centracare health, an integrated health care delivery system.ccc's formally adopted core values are: patient centered: serving patients above all.integrity: adhering to honest and ethical practices.collaboration: working jointly with others to improve health and health care.compassion: serving all who seek our care with kindness, dignity and respect.stewardship: ensuring responsible use of all resources to best serve our communities. Ccc achieves these values through services provided by a team of physicians, advanced practice providers, nurses, dieticians, educators and other health care professionals. Many services are provided to the growing diverse population in central Minnesota. Ccc also provides the professional staffing for designated rural health clinics and health manpower shortage areas served by centracare health in rural Minnesota. The major activities provided to the community include clinic visits, hospital visits, nursing home visits, surgical and minor surgical visits, laboratory visits, immunizations and injections, radiology tests, and special procedures.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
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 expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 83
- Transparency & Controls: 64
- Accountability: 70
- Sustainability: 13
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 81.2%; rating input score 81
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 91.7%; rating input score 92; 8th 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: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 64.3%; rating input score 64; 18th percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -28.8%; rating input score 3; 3rd percentile among comparable filings
- Total-asset coverage ratio: 0.14; rating input score 4; 4th percentile among comparable filings
- Liabilities to assets ratio: 5.32; rating input score 1; 1st percentile among comparable filings
- Officer compensation ratio: 0.4%; rating input score 87; 87th percentile among comparable filings
Growth
- Program expense growth: 6.9% per year; rating input score 100; 56th percentile among comparable filings
- Revenue growth: 5.9% per year; rating input score 100; 52nd percentile among comparable filings
- Asset growth: 5.2% per year; rating input score 100; 38th percentile among comparable filings
Details
- What they do: 6 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 100% of revenue deployed · 81.2% of spending went to programs
- Governance: 9 of 14 board members independent · 7 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $364M in reported program spending
- Leadership: top reported pay $2M · 32 people listed · 0 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $10.5M reported
- Consistency: 31 of 31 current checks pass
- Schedules: 6 filed schedules · includes major donors and executive pay
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Related organizations: 12 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.
- High — Sustainability: Operating margin scored 3/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- High — Sustainability: Total-asset coverage ratio scored 4/100.
- High — Sustainability: Liabilities to assets ratio scored 1/100.