Civic Intelligence

Fairview Physician Associates Network

EIN 41-1753325 • 501(c)3 • Edina, MN

Profile

Fairview Physician Associates (FPA) is an integrated practice network of more than 4,000 providers. As a physician-and clinic administrator - led nonprofit, we work to provide personalized care that improves health outcomes of individuals in our defined community, while providing quality care, exceptional patient satisfaction and reducing total cost of care.

7505 Metro Blvd Suite 315Edina, MN 55439-3020

www.fpanetwork.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

65th percentile

0.41x

Higher debt load relative to assets than 65% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

87th percentile

2.42x

Higher debt load relative to revenue than 87% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Net Margin

14th percentile

-13%

Higher net margin than 14% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

66th percentile

$476,750

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 8.5% of source-year revenue.

501(c)3 • $50M-$100M nonprofits • Source year 2015

Asset Growth

24th percentile

-0.6%

Faster asset growth than 24% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

2nd percentile

-64%

Faster revenue growth than 2% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Assets

Down

$65,793,742

Down $406,180 (-0.6%) from 2023

Liabilities

Up

$27,121,375

Up $688,506 (+2.6%) from 2023

Net Assets

Down

$38,672,367

Down $1,094,686 (-2.8%) from 2023

Revenue

Down

$11,190,868

Down $19,657,498 (-64%) from 2023

Expenses

Down

$12,596,051

Down $14,008,405 (-53%) from 2023

Net Income

Down

-$1,405,183

Down $5,649,093 (-133%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$80M$60M$40M$20M$0Assets 2010: $17,576,232Liabilities 2010: $2,924,925Net Assets 2010: $14,651,3072010Assets 2011: $19,815,051Liabilities 2011: $2,828,432Net Assets 2011: $16,986,6192011Assets 2012: $20,788,521Liabilities 2012: $1,969,727Net Assets 2012: $18,818,7942012Assets 2013: $21,180,393Liabilities 2013: $2,207,244Net Assets 2013: $18,973,1492013Assets 2014: $22,262,641Liabilities 2014: $3,005,199Net Assets 2014: $19,257,4422014Assets 2015: $21,673,551Liabilities 2015: $3,173,637Net Assets 2015: $18,499,9142015Assets 2016: $19,837,278Liabilities 2016: $1,537,395Net Assets 2016: $18,299,8832016Assets 2017: $21,025,635Liabilities 2017: $1,465,641Net Assets 2017: $19,559,9942017Assets 2018: $20,671,847Liabilities 2018: $2,372,949Net Assets 2018: $18,298,8982018Assets 2019: $29,747,723Liabilities 2019: $3,481,907Net Assets 2019: $26,265,8162019Assets 2020: $30,607,285Liabilities 2020: $1,408,535Net Assets 2020: $29,198,7502020Assets 2021: $36,917,105Liabilities 2021: $2,794,560Net Assets 2021: $34,122,5452021Assets 2022: $48,954,958Liabilities 2022: $14,856,390Net Assets 2022: $34,098,5682022Assets 2023: $66,199,922Liabilities 2023: $26,432,869Net Assets 2023: $39,767,0532023Assets 2024: $65,793,742Liabilities 2024: $27,121,375Net Assets 2024: $38,672,3672024

Highlighted filing

2024

Assets$65,793,742
Liabilities$27,121,375
Net Assets$38,672,367

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150M$100M$50M$0-$50MExpenses 2010: $111,895,2092010Expenses 2011: $120,779,2822011Expenses 2012: $124,760,0762012Revenue 2013: $131,712,396Expenses 2013: $131,407,316Net Income 2013: $305,0802013Revenue 2014: $12,478,589Expenses 2014: $12,348,708Net Income 2014: $129,8812014Revenue 2015: $5,605,897Expenses 2015: $6,011,526Net Income 2015: -$405,6292015Revenue 2016: $4,467,060Expenses 2016: $4,906,063Net Income 2016: -$439,0032016Revenue 2017: $4,058,256Expenses 2017: $3,872,358Net Income 2017: $185,8982017Revenue 2018: $4,821,932Expenses 2018: $5,046,206Net Income 2018: -$224,2742018Revenue 2019: $10,758,916Expenses 2019: $4,185,224Net Income 2019: $6,573,6922019Revenue 2020: $6,147,511Expenses 2020: $3,545,673Net Income 2020: $2,601,8382020Revenue 2021: $9,160,624Expenses 2021: $3,910,257Net Income 2021: $5,250,3672021Revenue 2022: $8,084,073Expenses 2022: $5,610,894Net Income 2022: $2,473,1792022Revenue 2023: $30,848,366Expenses 2023: $26,604,456Net Income 2023: $4,243,9102023Revenue 2024: $11,190,868Expenses 2024: $12,596,051Net Income 2024: -$1,405,1832024

Highlighted filing

2024

Revenue$11,190,868
Expenses$12,596,051
Net Income-$1,405,183

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$65.8$27.1$38.7$11.2$12.6$1.41
2023Detailed filing. Detailed filing data is available for this year.$66.2$26.4$39.8$30.8$26.6$4.24
2022Detailed filing. Detailed filing data is available for this year.$49.0$14.9$34.1$8.08$5.61$2.47
2021Detailed filing. Detailed filing data is available for this year.$36.9$2.79$34.1$9.16$3.91$5.25
2020Detailed filing. Detailed filing data is available for this year.$30.6$1.41$29.2$6.15$3.55$2.60
2019Detailed filing. Detailed filing data is available for this year.$29.7$3.48$26.3$10.8$4.19$6.57
2018Detailed filing. Detailed filing data is available for this year.$20.7$2.37$18.3$4.82$5.05$0.22
2017Detailed filing. Detailed filing data is available for this year.$21.0$1.47$19.6$4.06$3.87$0.19
2016Detailed filing. Detailed filing data is available for this year.$19.8$1.54$18.3$4.47$4.91$0.44
2015Detailed filing. Detailed filing data is available for this year.$21.7$3.17$18.5$5.61$6.01$0.41
2014Detailed filing. Detailed filing data is available for this year.$22.3$3.01$19.3$12.5$12.3$0.13
2013Detailed filing. Detailed filing data is available for this year.$21.2$2.21$19.0$132$131$0.31
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.8$1.97$18.8$125
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.8$2.83$17.0$121
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.6$2.92$14.7$112
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 7, 2025
Return Version
2024v5.1
Gross Receipts
$11,190,868
Mission and Program Overview

Mission

Fairview Physician Associates (FPA) is an integrated practice network of more than 4,400 providers. As a physician-and clinic administrator - led nonprofit, we work to provide personalized care that improves health outcomes of individuals in our defined community, while providing quality care, exceptional patient satisfaction and reducing total cost of care.

The primary exempt purpose of Fairview Physician Associates Network is to advance the health of the community by continuously improving the quality of health care services delivered to individuals.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$7,630,956$19,267,614▲ $11,636,658
Investments in Publicly Traded Securities$12,518,444$13,403,257▲ $884,813
Accounts Receivable$28,830,454$13,031,229▼ $15,799,225
Cash and Non-Interest-Bearing Accounts$9,005,044$11,085,451▲ $2,080,407
Investments Other Securities$7,807,332$8,645,012▲ $837,680
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0--
Land, Buildings, and Equipment, Net$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$66,199,922$65,793,742▼ $406,180
Other Assets Total$407,692$361,179▼ $46,513
Liabilities
Deferred Revenue$22,546,946$25,019,079▲ $2,472,133
Accounts Payable and Accrued Expenses$552,332$1,682,080▲ $1,129,748
Other Liabilities$3,333,591$420,216▼ $2,913,375
Total Liabilities$26,432,869$27,121,375▲ $688,506
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$39,767,053$38,672,367▼ $1,094,686
Total Net Assets Fund Balance$39,767,053$38,672,367▼ $1,094,686
Total Liabilities and Net Assets / Fund Balance$66,199,922$65,793,742▼ $406,180

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$2,282,796--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Britta HoveyDirector Network Ops & DevelopFT$43,668$141,644$185,312
Donald PhibbsFinance Mgr/ContractFT$147,306$30,953$178,259
Ashley NguyenPrincipal Analytics ConsultantFT$141,566$35,620$177,186
Regina MorganInterim VP, Operations & StrategyFT$150,817$18,466$169,283
Krystle DoddOperations ManagerFT$118,006$29,302$147,308
Scott GaravetVP & Secretary, Termed 5-2024FT$131,297$10,230$141,527
Tyler StarrOperations ManagerFT$107,074$28,450$135,524
RIch OstlundDirector, end 12-2024--$35,000$35,000
Jodi RichardDirector--$25,000$25,000
John HeinmillerDirector--$25,000$25,000
Julie CauseyChair--$25,000$25,000
Michael ConnlyVice Chair, end 12-2024--$25,000$25,000
Barclay BerdanDirector--$20,000$20,000
Tami RellerDirector--$10,000$10,000
Srijoy MahapatraDirector--$5,000$5,000

Board Members and Trustees

NameTitle
Brad WallinChair
John Kvasnicka MDFPAN President & Phy CHF Spec Svcs
James HerefordPresident & CEO
Myron FransDirector
Joseph GaylordCFO
Nissim KhabieEx-Officio
Jeoff WillFormer Officer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$8,967,797
Investment Income
$2,223,071
Other Revenue
$0
Change in Net Assets
$-1,405,183

Audited Revenue Reconciliation

Revenue per Audited Statements
$0
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Form 990
$0
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,809,964
Salaries, Compensation, and Employee Benefits$5,542,717
Grants and Similar Amounts Paid$243,370
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$2,977,675$1,253,479$0$4,231,154
Other Salaries and Wages$2,890,254$1,216,678-$4,106,932
Fees for Services Management$1,437,215$605,009-$2,042,224
Other Employee Benefits$457,281$192,497-$649,778
Occupancy$301,956$127,111-$429,067
Payroll Taxes$224,080$94,329-$318,409
Current Officers, Directors, Trustees, and Key Employees$218,732$92,077-$310,809
Grants to Domestic Orgs$243,370--$243,370
Pension Plan Contributions$110,340$46,449-$156,789
Office Expenses$9,938$4,183-$14,121
Travel$4,896$2,061-$6,957
Conferences and Meetings$4,314$1,816-$6,130
Other Expenses$1,686$710-$2,396
Insurance$1,325$558-$1,883
Total Functional Expenses$8,913,424$3,682,627$0$12,596,051

Audited Expense Reconciliation

Line ItemAmount
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Expenses per Audited Statements$0
Other Expense Adjustments$0
Total Expenses per Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Southdale Pediatric Assoc LtdBurnsville, MN501c3The organization was awarded two grants. One for reducing pain during vaccine injections and the other for instrument-based vision screening for young children. Resources will assist in providing care and advancing the health of the community in furtherance of FPAN's tax exempt purpose. Use of the funds will result in clinical and quality improvement protocols and procedures, which lead to better care for the populations served, and care management programs, which reduce the cost of delivery of care.$43,750
Richfield Medical GroupRichfield, MN-The organization was awarded a grant for IPad integration with EPIC. Resources will assist in providing care and advancing the health of the community in furtherance of FPAN's tax exempt purposes. Such a system will result in clinical and quality improvement protocols and procedures, which lead to better care for the populations served, and care.$37,400
C-suite ResourcesMaple Grove, MN-The organization was awarded a grant for their Learning to Lead Program. Resources will assist in providing care and advancing the health of the community in furtherance of FPAN's tax exempt purpose. Use of the funds will result in clinical and quality improvement protocols and procedures, which lead to better care for the populations served, and care management programs, which reduce the cost of delivery of care.$35,000
Premier Obgyn of MinnesotaMaplewood, MN-The organization was awarded a grant for Patient Electronic Check in/ Appointments Scheduling Platform. Resources will assist in providing care and advancing the health of the community in furtherance of FPAN's tax exempt purposes. Such a system will result in clinical and quality improvement protocols and procedures, which lead to better care for the populations served, and care.$35,000
South Lake Clinic PaMinnetonka, MN-The organization was awarded a grant for Behavioral Health Care Management. Resources will assist in providing care and advancing the health of the community in furtherance of FPAN's tax exempt purpose. Use of the funds will result in clinical and quality improvement protocols and procedures, which lead to better care for the populations served, and care management programs, which reduce the cost of delivery of care.$34,956
Trucare ClinicMinneapolis, MN-The organization was awarded a grant for Brighter Futures in HEDIS Performance Measurements. Resources will assist in providing care and advancing the health of the community in furtherance of FPAN's tax exempt purpose. Use of the funds will result in clinical and quality improvement protocols and procedures, which lead to better care for the populations served, and care management programs, which reduce the cost of delivery of care.$34,462
Infinite Health Collaborative PaBurnsville, MN-The organization was awarded a grant for Patient Electronic Check in. Resources will assist in providing care and advancing the health of the community in furtherance of FPAN's tax exempt purposes. Such a system will result in clinical and quality improvement protocols and procedures, which lead to better care for the populations served, and care management programs, which reduce the cost of delivery of care.$12,802
Healtheast Woodwinds HosptialMinneapolis, MN-The organization was awarded a grant for GENDER CARE. Resources will assist in providing care and advancing the health of the community in furtherance of FPAN's tax exempt purpose. Use of the funds will result in clinical and quality improvement protocols and procedures, which lead to better care for the populations served, and care management programs, which reduce the cost of delivery of care.$10,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal Income Taxes$420,216
ST/LT Lease Liability$0
Accrued Distribution-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6 Classes of members or stockholders

Fairview Health Services is the sole member.

Form 990, Part VI, Line 7A Members or stockholders electing members of governing body

The members vote to approve physician directors who serve on the Fairview Physician Associates Board. The physician members elect the physician directors and Fairview Association elects the community directors.

Form 990, Part VI, Line 7B Decisions requiring approval by members or stockholders

Fairview Health Services has reserve powers.

Form 990, Part VI, Line 11B Review of form 990 by governing body

The Tax Department conducts a detailed review of the completed return. The return is also reviewed by the Officers of the organization. The Form 990 is then provided to the Fairview Physician Associates Network Board of Directors prior to its filing.

Form 990, Part VI, Line 12C Conflict of interest policy

Managers, directors, and senior management of Fairview Physician Associates Network are required to complete Fairview Health Services's Duty of Loyalty and Conflict of Interest statement in compliance with Fairview Health Services' Duty of Loyalty and Conflict of Interest policy.

Form 990, Part VI, Line 15A Process to establish compensation of top management official

Fairview Physician Associates Network is part of the Fairview Health Services system and Fairview Health Services Human Resources uses comparables to set compensation according to market standards.

Form 990, Part VI, Line 15B Process to establish compensation of other employees

Fairview Physician Associates Network is part of the Fairview Health Services system and Fairview Health Services Human Resources uses comparables to set compensation according to market standards.

Form 990, Part VI, Line 19 Required documents available to the public

Fairview Physician Associates Network makes its governing documents conflict of interest policy, and financial statements available to the public upon request and inspection of the documents is available at the Corporate Finance Department.

Form 990, Part VII, Section B, Line 1 Additional Information

Form 1099's were filed by a related organization Fairview Health Services, a 501(c)(3) non-profit, tax-exempt organizations. Fairview Health Services reports the five highest compensated independent contractors for the system.

Filing and Contact Details

Filer

Filer Name
Fairview Physician Associates Network
EIN
41-1753325
Phone
6166726893
Address
7505 Metro Blvd Suite 315, Edina, MN 55439-3020

Signing Officer

Name
John Kvasnicka MD
Title
President
Phone
6126727272
Signed
2025-11-07

Organization Details

Formed
1993
Legal Domicile
Mn
Voting Board Members
8
Independent Board Members
7
Employees
13
Volunteers
0
Supplemental Narrative

Additional Explanations

Form 990, Part V, Line 1A Part V, Lines 1A and 1B

All Form 1099's were filed by a related organization Fairview Health Services, a 501(c)(3) non-profit, tax-exempt organization.

Form 990, Part V, Line 15 Section 4960 Tax

Fairview health services, a related 501(c)3 tax-exempt organization, files and remits all related section 4960 excise tax on form 4720 for the system.

Form 990, Part IX, Line 11G Other Fees

Risk Sharing Expense - Total Expense: 1591775, Program Service Expense: 1120212, Management and General Expenses: 471563, Fundraising Expenses: ; Purchased Services - Total Expense: 184276, Program Service Expense: 129684, Management and General Expenses: 54592, Fundraising Expenses: ; Printing Costs - Total Expense: 70, Program Service Expense: 49, Management and General Expenses: 21, Fundraising Expenses: ; Waste Management Fees - Total Expense: 1591, Program Service Expense: 1120, Management and General Expenses: 471, Fundraising Expenses: ; Medication Therapy Management - Total Expense: 2420887, Program Service Expense: 1703699, Management and General Expenses: 717188, Fundraising Expenses: ; Counseling and Referral Services - Total Expense: 32555, Program Service Expense: 22911, Management and General Expenses: 9644, Fundraising Expenses: ;

Financial Statement Notes

Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote

Fairview Physician Associates Network is part of Fairview Health Services. Fairview recognizes all tax positions, including those positions in a previously filed tax return or a position expected to be taken in a future tax filing that is reflected in measuring current or deferred income tax assets and liabilities, when it is more likely than not (likelihood of greater than 50%) that, based on technical merits, the position will be sustained upon examination. There are $8,300,000 and $6,800,000 uncertain tax positions recorded on the consolidated balance sheets as of December 31, 2024 and 2023, respectively. Fairview has made reasonable estimates of the provision for income taxes and on existing deferred tax balances based on accounting guidance included in ASC 740, Income Taxes. Fairview does not expect that there will be a significant change in the total amount of unrecognized tax benefits within the next 12 months.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0Fairview Physician Associates Network (FPA) currently is accountable for providing a broad array of healthcare services for over 525,000 individuals through our contracts with purchasers and payers. The network assumes risk for over 438,000 member lives in shared savings incentives, including 120,000 member lives in defined network products. Although many of FPA's health improvement and population management initiatives have been developed to increase quality, improve the patient experience, and decrease cost to the individuals served through our shared savings care system contracts, many of the benefits accrue to the entire population served through FPA affiliated clinics and Fairview hospitals (clinical integration). The organization provided $243,370 in grants to various health care organizations (see Schedule I). These funds were used to distribute 1.2 million meals through 20 food pantries and mobile food banks. Approximately 15,000 families were served monthly during 2024. Another use of the funds as for the Learning to Lead program offered by C-Suite Resources which is designed for physicians to cultivate their leadership skills and promote professional growth. Finally, grants funds were used to implement and integrate eCW Behavioral Health Care Management modules to organize patient and care team information in a centralized location, enhance data analytic and reporting capabilities, reduce staff time in managing registries and provide organizational tools for patient management.
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IRS990/MissionDesc0Fairview Physician Associates (FPA) is an integrated practice network of more than 4,000 providers. As a physician-and clinic administrator - led nonprofit, we work to provide personalized care that improves health outcomes of individuals in our defined community, while providing quality care, exceptional patient satisfaction and reducing total cost of care.
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