Welia Health
Nonprofit profile at a glance
- EIN
- 845163224
- IRS 990 coverage
- 2022–2024
- Official website data refreshed
- Aug 2026
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Mora, MN, USA
- Phone
- 320.679.1212
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Community Health Systems
Reported finances
- Revenue
- $138,230,370
- Expenses
- $128,056,113
- Assets
- $201,142,699
- Liabilities
- $67,699,568
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
16 people listed
Executive titles in this filing
- RANDY ULSETH (CEO)
Highest reported compensation
- RANDY ULSETH (CEO): $736,660 total reported compensation
- THOMAS MULLIN (SPORTS MEDICINE PHYSICIAN): $696,314 total reported compensation
- ALBERT YOUN (GENERAL SURGEON): $649,847 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 help our patients.
What it reported doing in 2024
Welia health proudly serves its surrounding communities with the goal of ensuring patients' needs and health goals are achieved. During 2024, welia provided care for a total of 3,379 inpatient days. Welia encountered 91,298 clinic visits, 11,605 eye clinic visits, 10,581 urgency visits, 15,553 emergency visits, 4,216 surgeries, and 231 newborn deliveries. Welia health also ensures heath care is afforded to all patients regardless of financial situation. Strong efforts are made to ensure charity care is granted for those that qualify. In 2024, $394,000 in services were provided to charity care patients. Welia continues to have a very large presence in the local communities by promoting health and wellness through various programs offered to the public, highway clean up missions, (continued on schedule o)support groups, sports physicals for student athletes, blood drives, ems coverage at community events, 48-hour well-baby checks, transportation, etc.
Operating model
- Revenue model
- Earned-program. 96% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 99% 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.
- 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. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 70
- Transparency & Controls: 83
- Accountability: 83
- Sustainability: 56
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 76.2%; rating input score 76
- Program expense ratio: 82%; rating input score 82
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Missing
- Independent consultant: Pass
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 77.8%; rating input score 78; 26th percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- 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: 7.4%; rating input score 65; 65th percentile among comparable filings
- Total-asset coverage ratio: 1.57; rating input score 55; 55th percentile among comparable filings
- Liabilities to assets ratio: 0.34; rating input score 52; 52nd percentile among comparable filings
- Officer compensation ratio: 3.6%; rating input score 30; 30th percentile among comparable filings
Growth
- Program expense growth: 6.7% per year; rating input score 100; 54th percentile among comparable filings
- Revenue growth: 6% per year; rating input score 100; 53rd percentile among comparable filings
- Asset growth: 4.7% per year; rating input score 100; 34th 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: 76.2% of revenue deployed · 82% of spending went to programs
- Governance: 7 of 9 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $105M in reported program spending
- Leadership: top reported pay $737K · 16 people listed · 3 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $5.3M reported
- Consistency: 35 of 35 current checks pass
- Schedules: 8 filed schedules · includes major donors, grants, and executive pay
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: 12 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- Review — Sustainability: Total-asset coverage ratio scored 55/100.
- Moderate — Sustainability: Officer compensation ratio scored 30/100.
- Review — Sustainability: Liabilities to assets ratio scored 52/100.