Rainy Lake Medical Center is a general hospital based in International Falls, MN that was founded in 1945. As of 2019 they had $27 million in revenue and $26 million in assets.
To serve patients and promote wellness, and to be the community's trusted choice for healthcare by placing patients first, promoting wellness, embracing change, and facilitating a seamless continuum of care. To promote and provide health care and well...
Previous legal names or variations of their name include: International Falls Memorial Hospital Association.
EIN:
41-0726171
City:
International Falls
State:
Website:
Facebook:
Founded:
1945
Type:
501(c)(3)
NTEE:
Revenue:
$27,504,328
Assets:
$26,399,757
Employees:
215
Fiscal year end:
December
Program areas at Rainy Lake Medical Center
Provided health care services to the community of International Falls and surrounding area. In addition to providing direct patient care and in furtherance of its charitable purpose, Rainy Lake Medical Center (RLMC) provides a wide variety of benefits to the community including offering various community based service programs, cash contributions to non-profit agencies, the donation of space for use by community groups, and staff time of mentoring/job shadowing. Additionally, a number of health related education programs are provided for the benefit of the community, including health enhancements and wellness, classes on specific conditions, and programs designed to improve the general standards of the health of the community. RLMC also actively promotes its community care program, which provides free or reduced cost healthcare to patients who are unable to pay fully for services received.
Form 990s for Rainy Lake Medical Center
| Fiscal year ending | Date received by IRS | Form | PDF link |
|---|
| 2018-12 | Dec 13, 2019 | 990 | View PDF |
| 2017-12 | Dec 22, 2018 | 990 | View PDF |
| 2016-12 | Jan 18, 2018 | 990 | View PDF |
| 2015-12 | Feb 22, 2017 | 990 | View PDF |
| 2014-12 | Feb 4, 2016 | 990 | View PDF |
| ...and five more Form 990 PDFs |
Financials for Rainy Lake Medical Center
| Field | 2017 | 2016 | % Change |
|---|
| Federated campaigns | $0 | $0 | |
| Membership dues | $0 | $0 | |
| Fundraising event contributions | $0 | $0 | |
| Related organizations | $20,560 | $49,423 | -58.4% |
| Government grants (contributions) | $23,717 | $45,336 | -47.7% |
| Normal grants, contributions, etc. | $55,696 | $177,119 | -68.6% |
| <em>Non-cash contributions included in above</em> | $0 | $29,583 | -100% |
| Total grants, contributions, etc. | $99,973 | $271,878 | 145.6% |
| Field | 2018 | 2017 | % Change |
|---|
| Total grants, contributions, etc. | $245,547 | $99,973 | 145.6% |
| Program services | $27,139,015 | $27,053,124 | 0.3% |
| Investment income and dividends | $51,609 | $43,877 | 17.6% |
| Tax-exempt bond proceeds | $0 | $0 | |
| Royalty revenue | $0 | $0 | |
| Net rental income | $65,943 | $66,399 | -0.7% |
| Net gain from sale of non-inventory assets | $2,214 | $14,583 | -84.8% |
| Net income from fundraising events | $0 | $0 | |
| Net income from gaming activities | $0 | $0 | |
| Net income from sales of inventory | $0 | $0 | |
| Miscellaneous revenues | $0 | $0 | |
| Total revenues | $27,504,328 | $27,277,956 | 0.8% |
| Field | 2018 | 2017 | % Change |
|---|
| Grants to govts. and orgs. in USA | $0 | $0 | |
| Grants to individuals in USA | $0 | $0 | |
| Grants to govts., orgs., and individuals outside USA | $0 | $0 | |
| Benefits paid to or for members | $0 | $0 | |
| Compensation of current officers, etc. | $437,400 | $655,024 | -33.2% |
| Compensation not included above, to disqualified persons | $0 | $133,450 | -100% |
| Non-officer salaries and wages | $10,044,793 | $9,508,172 | 5.6% |
| Pension/retirement accruals and contributions | $184,808 | $176,634 | 4.6% |
| Other employee benefits | $1,159,312 | $1,508,670 | -23.2% |
| Payroll taxes | $751,408 | $734,989 | 2.2% |
| Management fees | $0 | $0 | |
| Legal fees | $23,637 | $39,564 | -40.3% |
| Accounting fees | $32,887 | $32,103 | 2.4% |
| Lobbying fees | $0 | $0 | |
| Pro. fundraising fees | $0 | $0 | |
| Investment mgmt fees | $0 | $0 | |
| Other fee-for-service | $5,711,827 | $5,526,335 | 3.4% |
| Advertising and promotion | $128,228 | $141,544 | -9.4% |
| Office expenses | $281,375 | $358,378 | -21.5% |
| Information tech. expenses | $0 | $0 | |
| Royalty expenses | $0 | $0 | |
| Occupancy | $386,963 | $374,678 | 3.3% |
| Travel | $26,799 | $28,342 | -5.4% |
| Public official travel and entertainment | $0 | $0 | |
| Conferences, meetings, etc. | $60,948 | $74,922 | -18.7% |
| Interest | $267,316 | $221,697 | 20.6% |
| Payments to affiliates | $0 | $0 | |
| Depreciation, amortization, etc. | $1,490,401 | $1,515,621 | -1.7% |
| Insurance | $109,800 | $107,461 | 2.2% |
| All other expenses | $5,588,849 | $6,068,318 | -7.9% |
| Total expenses | $26,686,751 | $27,205,902 | -1.9% |
| Field | 2018 | 2017 | % Change |
|---|
| Cash (non-interest-bearing) | $0 | $0 | |
| Savings, short-term investments, etc. | $5,126,303 | $4,376,027 | 17.1% |
| Pledges and grants receivable | $0 | $0 | |
| Accounts receivable | $3,779,088 | $2,897,856 | 30.4% |
| Loans receivable from officers, directors, etc. | $0 | $0 | |
| Loans receivable from other disqualified persons | $0 | $0 | |
| Notes and loans receivable | $0 | $0 | |
| Inventories for use | $566,603 | $511,421 | 10.8% |
| Prepaid expenses and deferred charges | $158,032 | $193,830 | -18.5% |
| Buildings, equipment, etc. post-depreciation | $14,201,375 | $13,970,873 | 1.6% |
| Investments, publicly traded securities | $1,925,592 | $1,902,207 | 1.2% |
| Investments, other securities | $0 | $0 | |
| Investments, program-related | $642,764 | $590,017 | 8.9% |
| Intangible assets | $0 | $0 | |
| Other assets | $0 | $0 | |
| Total assets | $26,399,757 | $24,442,231 | 8.0% |
| Field | 2018 | 2017 | % Change |
|---|
| Accounts payable and accrued expenses | $2,495,135 | $2,464,489 | 1.2% |
| Grants payable | $0 | $0 | |
| Deferred revenue | $0 | $0 | |
| Tax-exempt bond liabilities | $0 | $0 | |
| Escrow or custodial account liability | $0 | $0 | |
| Loans payable to officers and disqualified persons | $0 | $0 | |
| Secured mortgages and notes payable to unrelated third parties | $6,757,011 | $5,623,070 | 20.2% |
| Unsecured notes and loans payable to unrelated third parties | $0 | $0 | |
| Other liabilities | $1,130,714 | $1,242,162 | -9.0% |
| Total liabilities | $10,382,860 | $9,329,721 | 11.3% |
| Field | 2018 | 2017 | % Change |
|---|
| Unrestricted net assets | $16,002,814 | $15,041,165 | 6.4% |
| Temporarily restricted net assets | $14,083 | $71,345 | -80.3% |
| Permanently restricted net assets | $0 | $0 | |
Vendors for Rainy Lake Medical Center
| Vendor | Services | Amount paid | Date |
|---|
| WordPress | Content management system software | | 2019-12-04 |
| ████ ██████ ███ | Tax accounting | | 2018-10-25 |
| █████ ██████ ██ █████████ | Insurance | | 2017-12-31 |
| ███████ ████████ ████ █████████ ███████ ███ | Insurance | | 2017-12-31 |
| ██████ █████████ ███ | Contract Labor | $270,905 | 2017-12-01 |
| ██████████████ ████████████ ███████ | Construction Contractor | $1,203,479 | 2017-12-01 |
| █████ ████ ███ | Physician Fees | $1,802,671 | 2017-12-01 |
| ███████ ██ ██████████ ███ | CT Ultrasound Mammography Mri Lease | $747,625 | 2017-12-01 |
| ...and eight more vendors |
Personnel at Rainy Lake Medical Center
| Name | Title | Compensation | Most recent data |
|---|
| Robert pastor | Chief Executive Officer | - | Sept. 1, 2020 |
| Melissa Marcotte | Chief Financial Officer | $125,874 | Sept. 1, 2020 |
| ████████ ██████ | Chief Nursing Officer | - | Sept. 1, 2020 |
| ██████ ███████████████████ | Executive Director of Administrative Services | - | Sept. 1, 2020 |
| █████ ██████ | Executive Director of Human Resources | - | Sept. 1, 2020 |
| █████ █████ | Executive Director of Ancillary Services | - | Sept. 1, 2020 |
| ████ ████ | Executive Director of Clinic Operations | - | Sept. 1, 2020 |
| ███ █████████ ██ | Vice Chair | $0 | Sept. 1, 2020 |
| █████ ████████ | Chair | $0 | Sept. 1, 2020 |
| ███ ██████ | Treasurer | $0 | Sept. 1, 2020 |
| ...and seven more key personnel |
Peer general hospitals
| | Name | Type | Revenue | Location |
|---|
| 1 | Essentia Health Sandstone | 501(c)(3) | $21 million | Sandstone, MN |
| 2 | Range Regional Health Services | 501(c)(3) | $126 million | Hibbing, MN |
| 3 | Mille Lacs Health System | 501(c)(3) | $44 million | Onamia, MN |
| 4 | Essentia Health Ada | 501(c)(3) | $10 million | Ada, MN |
| 5 | Mayo Clinic Health System-Cannon Falls | 501(c)(3) | $36 million | Cannon Falls, MN |
| 6 | Ridgeview Sibley Medical Center | 501(c)(3) | $15 million | Arlington, MN |
| 7 | Regina Medical Center | 501(c)(3) | $13 million | Minneapolis, MN |
| 8 | Mayo Clinic Health System - Red Wing | 501(c)(3) | $110 million | Red Wing, MN |
| 9 | Essentia Health Northern Pines | 501(c)(3) | $18 million | Aurora, MN |
| 10 | Stevens Community Medical Center | 501(c)(3) | $40 million | Morris, MN |
| 11 | CentraCare Health Melrose | 501(c)(3) | $46 million | Melrose, MN |
| 12 | Avera Marshall Regional Medical Center | 501(c)(3) | $98 million | Marshall, MN |
| 13 | Winona Health | 501(c)(3) | $108 million | Winona, MN |
| 14 | Prairie Ridge Hospital and Health Services | 501(c)(3) | $18 million | Elbow Lake, MN |
| 15 | Mayo Clinic Health System-Fairmont | 501(c)(3) | $76 million | Fairmont, MN |
| 16 | Amery Hospital and Clinic | 501(c)(3) | $61 million | Minneapolis, MN |
| 17 | LifeCare Medical Center | 501(c)(3) | $53 million | Roseau, MN |
| 18 | Mayo Clinic Health System-Springfield | 501(c)(3) | $13 million | Springfield, MN |
| 19 | CHI St Gabriel's Health | 501(c)(3) | $79 million | Little Falls, MN |
| 20 | Ridgeview Le Sueur Medical Center | 501(c)(3) | $12 million | Le Sueur, MN |
| 21 | Riverview Healthcare Association | 501(c)(3) | $60 million | Crookston, MN |
| 22 | Hutchinson Health | 501(c)(3) | $94 million | Hutchinson, MN |
| 23 | Centracare Health - Sauk Centre | 501(c)(3) | $38 million | Sauk Centre, MN |
| 24 | Mayo Clinic Health System - New Prague | 501(c)(3) | $38 million | New Prague, MN |
| 25 | CHI LakeWood Health | 501(c)(3) | $15 million | Baudette, MN |