CentraCare

Legal name: Centracare Health System - Long Prairie

Nonprofit profile at a glance

EIN
411924645
IRS 990 coverage
2010–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024
Location
Long Prairie, MN, USA
Phone
320-200-3200
Rating
70
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Community Health Systems

Official website

Reported finances

Revenue
$38,006,094
Expenses
$38,519,804
Assets
$34,714,790
Liabilities
$18,487,638

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

27 people listed

Executive titles in this filing

  • KENNETH HOLMEN (PRESIDENT/CEO)
  • JOSE ALBA (HOSPITAL PRESIDENT)

Highest reported compensation

  • KENNETH HOLMEN (PRESIDENT/CEO): $1,969,529 total reported compensation
  • JOY PLAMANN (CHIEF OPERATING OFFICER/SR VP): $1,174,923 total reported compensation
  • MICHAEL BLAIR (CHIEF FINANCIAL OFFICER/SR VP/ TREASURER): $1,153,820 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 keep our people safe, 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

Centracare - long prairie is part of a larger integrated health care delivery system known as centracare health, a system recognized for being a leader in providing high-quality, comprehensive care throughout the region. Cch - long prairie is a 25 bed critical access hospital that provides acute care services in the areas of medical, surgical, diagnostic, and obstetrics along with other services of 24 hour emergency room, imaging, laboratory, rehabilitation, and chemotherapy to the community of long prairie and the surrounding area. There were 466 admissions, 2,518 inpatient days, 31,419 outpatient visits, and 4,622 emergency room visits during fiscal year 2025.

Operating model

Revenue model
Earned-program. 98% 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 some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 75
  • Transparency & Controls: 65
  • Accountability: 70
  • Sustainability: 32
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 85.1%; rating input score 85
  • Program expense ratio: 83.7%; rating input score 84
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 92.9%; rating input score 93; 10th 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; 11th 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: -1.4%; rating input score 25; 25th percentile among comparable filings
  • Total-asset coverage ratio: 0.9; rating input score 32; 32nd percentile among comparable filings
  • Liabilities to assets ratio: 0.53; rating input score 27; 27th percentile among comparable filings
  • Officer compensation ratio: 3.1%; rating input score 67; 67th percentile among comparable filings

Growth

  • Program expense growth: 4% per year; rating input score 100; 34th percentile among comparable filings
  • Revenue growth: 4.1% per year; rating input score 100; 36th percentile among comparable filings
  • Asset growth: 5.2% per year; rating input score 100; 37th percentile among comparable filings

Details

  • What they do: 5 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 85.1% of revenue deployed · 83.7% of spending went to programs
  • Governance: 9 of 14 board members independent · 7 of 9 filing controls reported
  • Programs: 2 filed program accomplishments · $32.2M in reported program spending
  • Leadership: top reported pay $2M · 27 people listed · 0 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $2.1M reported
  • Consistency: 32 of 33 current checks pass · 1 finding to review
  • Schedules: 8 filed schedules · includes major donors and executive pay
  • Filing history: 15 filing years from 2010 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.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • High — Sustainability: Operating margin scored 25/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 32/100.
  • Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
  • High — Sustainability: Liabilities to assets ratio scored 27/100.