Minnesota · Ranked 76 of 1033 by CEO pay.

Park Nicollet

Andrea M Walsh, President & CEO. Fiscal year ending 2024-12.

$3.8M

CEO total compensation
Form 990 Part VII, columns D+E+F

0.55%

of expenses spent on charity care
Schedule H Part I line 7a

32.8%

CEO pay as a share of all charity care

Andrea M Walsh’s pay of $3,838,003 equals 32.8 percent of the $11,704,778 the system spent on charity care in the same year.

Most of the reported compensation ($2,927,366 of $3,838,003) came from a related organization (Part VII column E) and was reported on this filing.

§1The filing

Total revenue: $2,192,407,935
Total expenses: $2,119,364,377
Net assets: $1,221,810,054
Employees: 11,915
Hospitals covered: 1 facilities across 1 filing
Charity care, net: $11,704,778
Bad debt: $27,378,324
Medicare surplus (shortfall), as filed: ($19,968,756)
CEO pay from the organization (Part VII col. D): $0
From related organizations (col. E): $2,927,366
Other compensation, including deferred pay and nontaxable benefits (col. F): $910,637
CEO total compensation (D+E+F): $3,838,003 to Andrea M Walsh

Medicare surplus (shortfall) is Schedule H Part III line 7: Medicare revenue minus the cost of Medicare care. A figure in parentheses is a shortfall. Like bad debt, it is not community benefit on the IRS form.

Source: Form 990, Park Nicollet, EIN 45-5023260, fiscal year ending 2024-12, as published by the IRS. CEO identification: ceo title.

§2Community benefit versus charity care

What the system reported as total community benefit (Schedule H line 7k)$109.8M Of which charity care to patients who could not pay (line 7a)$11.7M (11%)

The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($27.4M) and Medicare shortfall are reported separately by the IRS and are not community benefit on the form.

Every number on this page was copied from the filing linked above. If a figure is wrong, send the filing that contradicts it and the correction runs at the top of this page.

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Park Nicollet: CEO pay $3.8M, charity care 0.55% of expenses

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Park Nicollet reported $3,838,003 in compensation for chief executive Andrea M Walsh in the fiscal year ending 2024-12. It spent 0.55% of expenses on charity care, $11,704,778. Source: its own IRS Form 990. https://everythingisbroken.org/reports/hospital-ceo-pay/system/park-nicollet-group-return-45-5023260.html