Civic Intelligence

Clarkson Regional Health Service Inc

EIN 47-0376531 • 501(c)3 • Omaha, NE

Profile

Providing educational and training programs.corporation whose purpose is to establish and maintain, directly or indirectly, institutions to provide for the economical and efficient delivery of healthcare and related services, including support or providing innovative healthcare delivery solutions that align quality, cost-effective services with select population needs.

450 Regency Parkway 310Omaha, NE 68114

n/A

Siviq Scores

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

Liabilities / Assets

5th percentile

0.00x

Higher debt load relative to assets than 5% of similar nonprofits.

501(c)3 • $1B+ nonprofits • Source year 2024

Liabilities / Revenue

18th percentile

0.17x

Higher debt load relative to revenue than 18% of similar nonprofits.

501(c)3 • $1B+ nonprofits • Source year 2024

Net Margin

89th percentile

42%

Higher net margin than 89% of similar nonprofits.

501(c)3 • $1B+ nonprofits • Source year 2024

Top Officer Pay

19th percentile

$759,694

Higher top officer pay than 19% of similar nonprofits.

Top officer pay equals 3.9% of source-year revenue.

501(c)3 • $1B+ nonprofits • Source year 2024

Asset Growth

65th percentile

10%

Faster asset growth than 65% of similar nonprofits.

501(c)3 • $1B+ nonprofits • Annualized from 2023 to 2024

Revenue Growth

5th percentile

-15%

Faster revenue growth than 5% of similar nonprofits.

501(c)3 • $1B+ nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,021,211,800

Up $96,939,127 (+10%) from 2023

Liabilities

Down

$3,328,966

Down $4,022,933 (-55%) from 2023

Net Assets

Up

$1,017,882,834

Up $100,962,060 (+11%) from 2023

Revenue

Down

$19,441,341

Down $3,417,740 (-15%) from 2023

Expenses

Down

$11,180,849

Down $1,378,705 (-11%) from 2023

Net Income

Down

$8,260,492

Down $2,039,035 (-20%) from 2023

Trend Graphs

Balance Sheet Trend

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

$1.5B$1.0B$500M$0Assets 2010: $399,867,305Liabilities 2010: $25,092,325Net Assets 2010: $374,774,9802010Assets 2011: $435,690,413Liabilities 2011: $17,743,825Net Assets 2011: $417,946,5882011Assets 2012: $446,071,316Liabilities 2012: $12,656,805Net Assets 2012: $433,414,5112012Assets 2013: $477,465,951Liabilities 2013: $29,810,455Net Assets 2013: $447,655,4962013Assets 2014: $512,304,666Liabilities 2014: $24,865,996Net Assets 2014: $487,438,6702014Assets 2015: $542,350,300Liabilities 2015: $19,101,250Net Assets 2015: $523,249,0502015Assets 2016: $588,112,208Liabilities 2016: $13,284,373Net Assets 2016: $574,827,8352016Assets 2017: $631,812,861Liabilities 2017: $14,901,591Net Assets 2017: $616,911,2702017Assets 2018: $685,098,690Liabilities 2018: $10,329,401Net Assets 2018: $674,769,2892018Assets 2019: $736,095,178Liabilities 2019: $12,067,491Net Assets 2019: $724,027,6872019Assets 2020: $769,170,501Liabilities 2020: $10,184,820Net Assets 2020: $758,985,6812020Assets 2021: $904,409,181Liabilities 2021: $8,219,065Net Assets 2021: $896,190,1162021Assets 2022: $891,078,928Liabilities 2022: $9,204,900Net Assets 2022: $881,874,0282022Assets 2023: $924,272,673Liabilities 2023: $7,351,899Net Assets 2023: $916,920,7742023Assets 2024: $1,021,211,800Liabilities 2024: $3,328,966Net Assets 2024: $1,017,882,8342024

Highlighted filing

2024

Assets$1,021,211,800
Liabilities$3,328,966
Net Assets$1,017,882,834

Operations Trend

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

$150M$100M$50M$0Expenses 2010: $6,802,5962010Expenses 2011: $6,161,7072011Revenue 2012: $21,332,537Expenses 2012: $4,932,407Net Income 2012: $16,400,1302012Expenses 2013: $25,075,8022013Revenue 2014: $33,517,546Expenses 2014: $5,346,880Net Income 2014: $28,170,6662014Revenue 2015: $45,291,610Expenses 2015: $5,567,225Net Income 2015: $39,724,3852015Revenue 2016: $55,882,672Expenses 2016: $5,533,367Net Income 2016: $50,349,3052016Revenue 2017: $43,200,497Expenses 2017: $10,712,867Net Income 2017: $32,487,6302017Revenue 2018: $57,017,177Expenses 2018: $6,780,577Net Income 2018: $50,236,6002018Revenue 2019: $39,972,351Expenses 2019: $13,834,103Net Income 2019: $26,138,2482019Revenue 2020: $45,544,682Expenses 2020: $8,208,910Net Income 2020: $37,335,7722020Revenue 2021: $106,113,529Expenses 2021: $7,692,170Net Income 2021: $98,421,3592021Revenue 2022: $34,472,396Expenses 2022: $15,893,021Net Income 2022: $18,579,3752022Revenue 2023: $22,859,081Expenses 2023: $12,559,554Net Income 2023: $10,299,5272023Revenue 2024: $19,441,341Expenses 2024: $11,180,849Net Income 2024: $8,260,4922024

Highlighted filing

2024

Revenue$19,441,341
Expenses$11,180,849
Net Income$8,260,492

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1,021$3.33$1,018$19.4$11.2$8.26
2023Detailed filing. Detailed filing data is available for this year.$924$7.35$917$22.9$12.6$10.3
2022Detailed filing. Detailed filing data is available for this year.$891$9.20$882$34.5$15.9$18.6
2021Detailed filing. Detailed filing data is available for this year.$904$8.22$896$106$7.69$98.4
2020Detailed filing. Detailed filing data is available for this year.$769$10.2$759$45.5$8.21$37.3
2019Detailed filing. Detailed filing data is available for this year.$736$12.1$724$40.0$13.8$26.1
2018Detailed filing. Detailed filing data is available for this year.$685$10.3$675$57.0$6.78$50.2
2017Detailed filing. Detailed filing data is available for this year.$632$14.9$617$43.2$10.7$32.5
2016Detailed filing. Detailed filing data is available for this year.$588$13.3$575$55.9$5.53$50.3
2015Detailed filing. Detailed filing data is available for this year.$542$19.1$523$45.3$5.57$39.7
2014Detailed filing. Detailed filing data is available for this year.$512$24.9$487$33.5$5.35$28.2
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$477$29.8$448$25.1
2012Summary only. Only limited summary data is available for this year.$446$12.7$433$21.3$4.93$16.4
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$436$17.7$418$6.16
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$400$25.1$375$6.80
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 7, 2025
Return Version
2023v6.0
Gross Receipts
$57,731,178
Mission and Program Overview

Mission

Providing educational and training programs.corporation whose purpose is to establish and maintain, directly or indirectly, institutions to provide for the economical and efficient delivery of healthcare and related services, including providing educational and training programs.

Support or provide innovative healthcare delivery solutions that align quality, cost-effective services with select population needs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$670,270,122$742,981,214▲ $72,711,092
Investments in Publicly Traded Securities$230,992,106$255,408,488▲ $24,416,382
Land, Buildings, and Equipment, Net$15,245,833$14,953,731▼ $292,102
Cash and Non-Interest-Bearing Accounts$617,431$2,178,988▲ $1,561,557
Prepaid Expenses and Deferred Charges$78,842$74,378▼ $4,464
Accounts Receivable$29,799$43,452▲ $13,653
Total Assets$924,272,673$1,021,211,800▲ $96,939,127
Other Assets Total$7,038,540$5,571,549▼ $1,466,991
Liabilities
Grants Payable$6,746,711$2,650,000▼ $4,096,711
Accounts Payable and Accrued Expenses$605,188$678,966▲ $73,778
Total Liabilities$7,351,899$3,328,966▼ $4,022,933
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$901,563,698$1,000,407,596▲ $98,843,898
Net Assets With Donor Restrictions$15,357,076$17,475,238▲ $2,118,162
Total Net Assets Fund Balance$916,920,774$1,017,882,834▲ $100,962,060
Total Liabilities and Net Assets / Fund Balance$924,272,673$1,021,211,800▲ $96,939,127

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,125,484$57,811,465$62,936,949
Land$9,340,761-$9,340,761
Leasehold Improvements$0$2,092,814$2,092,814
Equipment$344,817$47,734$392,551
Other Land Buildings$142,669$135,165$277,834
Investment Program Related Org$567,794--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dr James CanedyPresidentFT$580,000$179,694$759,694
Torri CrigerCOOFT$312,000$32,101$344,101
Morgan PowerSVP AnalyticsFT$242,734$38,186$280,920
Matt HruskaCFOFT$134,615$13,574$148,189
Dr William LydiattDirector/consultant-$132,000-$132,000
Theresa LucasManagerFT$103,197$17,467$120,664
Ms Stephanie MolineDirector/consultant-$39,200-$39,200

Board Members and Trustees

NameTitle
Mr Jim LandenChairman
Dr David VogelDirector
Dr George GreeneDirector
Mr Allen HagerDirector
Andrea MarshallManagement Company Officia
Dr Steve BlackSecretary
Mr Robert HowardTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Fmb Group LLCExecutive Advisory Services7644 HIDDEN VALLEY DR, Papillion, NE 68046$180,600
Kutak Rock LLPLegal Services1650 FARNAM ST, Omaha, NE 68102$165,952
Nebraska Healthcare InnovationConsulting10842 OLD MILL RD 1, Omaha, NE 68154$132,000
DeloitteAccounting Services1100 CAPITOL AVE STE 300, Omaha, NE 68102$114,500
Revenue and Support

Revenue Composition

Contributions and Grants
$8,052,750
Program Service Revenue
$3,688,441
Investment Income
$7,665,722
Other Revenue
$34,428
All Other Contributions
$8,052,750
Change in Net Assets
$8,260,492

Audited Revenue Reconciliation

Revenue per Audited Statements
$18,221,176
Revenue Not Reported on Financial Statements
$1,220,165
Revenue Not Reported on Form 990
$16,608,042
Total Revenue per Audited Statements
$34,829,218
Total Revenue per Form 990
$19,441,341
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$4,634,380
Other Expenses$4,499,282
Salaries, Compensation, and Employee Benefits$2,047,187
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$4,634,380--$4,634,380
Depreciation Depletion$1,276,582--$1,276,582
Current Officers, Directors, Trustees, and Key Employees$1,167,893--$1,167,893
Payroll Taxes$625,765--$625,765
Fees for Services Other$25,305$462,623-$487,928
Other Expenses$227,405--$227,405
All Other Expenses$220,040--$220,040
Occupancy$145,303--$145,303
Other Employee Benefits$144,642--$144,642
Insurance$130,638--$130,638
Fees for Services Legal-$95,049-$95,049
Other Salaries and Wages$85,252--$85,252
Information Technology$78,192--$78,192
Office Expenses$60,611--$60,611
Fees for Services Accounting-$40,901-$40,901
Pension Plan Contributions$23,635--$23,635
Travel$16,158--$16,158
Conferences and Meetings$11,206--$11,206
Advertising$5,500--$5,500
Total Functional Expenses$10,582,276$598,573$0$11,180,849

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$11,180,849
Expenses per Audited Statements$9,960,684
Total Expenses per Audited Statements$9,960,684
Expenses Not Reported on Financial Statements$1,220,165
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
The Nebraska Medical CenterOmaha, NE501(c)(3)General Support$2,617,591
Omaha Community FoundationOmaha, NE501(c)(3)General Support$2,000,000
Omaha Botanical Center Inc Dba Lauritzen GardenOmaha, NE501(c)(3)General Support$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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Dr. James canedy has a business relationship (through a board of directors relationship, nebraska health partners & nebraska orthopaedic hospital, llc).

Form 990, Part VI, Section B, Line 11B

A copy of the form 990 will be reviewed by the crhs audit committee and then distributed to the board of directors prior to filing.

Form 990, Part VI, Section B, Line 12C

Monitoring and enforcement of board independence: each member of the board of directors, officer and key employees discloses annually that he/she is either an officer, director, member, owner, agent or associated in some manner with delineated business entities that either have or might reasonably be expected to have a business relationship with clarkson regional health services, inc. Each board member agrees to make conflicts known and withdraw from participation in deliberations if a subsequent conflict arises.

Form 990, Part VI, Section B, Line 15

Ceo and other key executive compensation will be reviewed and compared to outside data each year by the compensation committee. An outside firm is utilized every three years or as necessary to review compensation in line with other comparable non-profits. In fy 2022, an audit and compliance committee was established to review the compensation with the chairman of the board.

Form 990, Part VI, Section C, Line 19

The governing documents, conflict of interest policy, and financial statements are typically not made available to the public. If someone comes into crhs and makes a reasonable request to view the documents, they would be made available to view in the office if the request is deemed appropriate.

Filing and Contact Details

Filer

Filer Name
Clarkson Regional Health Service Inc
EIN
47-0376531
Phone
4022102759
Address
450 REGENCY PARKWAY 310, OMAHA, NE 68114

Signing Officer

Name
Matt Hruska
Title
CFO
Phone
4022102759
Signed
2025-05-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Matt Hruska
Formed
1872
Legal Domicile
Ne
Voting Board Members
9
Independent Board Members
6
Employees
12
Volunteers
0

Preparer

Firm
Lutz and Company Pc
Address
13616 CALIFORNIA ST STE 300, OMAHA, NE 68154-5336
Preparer
Daniel Sweeney Jd Llm
Phone
4024968800
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Equity in earnings of nebraska medicine 66,021,805. Change in net assets related to nmc investment (unrestricted) 7,953,559. Change in net assets related to nmc investment (restricted) 2,118,162.

FORM 990, PART XII, LINE 2C:

The process has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

Crhs is exempt from federal income taxes as a non-profit corporation under section 501(c)(3) of the internal revenue code. Paramount, transforming healthcare and 144 mob are limited liability companies owned 100% by crhs and therefore are disregarded for income tax purposes, and their activity is reported with crhs. The consolidated financial statements will not reflect a provision for income taxes, except for the tax on unrelated business income. For the years ended june 30, 2024 and 2023, crhs had no tax liability for unrelated business income. Crhs follows the provisions of fasb codification topic 740-10 related to uncertain income tax positions. Management believes that it has appropriate support for any tax positions taken, and such, does not have any uncertain positions that are material to the consolidated financial statements. Crhs is no longer subject to income tax examinations by federal, state, or local tax authorities for years before june 30, 2021.

Raw XML AppendixShowing 400 of 734 raw XML fields

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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