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Nonprofit · EIN 27-1218956

SANFORD

Tax-exempt · SIOUX FALLS, SD 57117

Financials

$17.4M$43M2023$35.2M$49.8M2024
Revenue Expenses · by fiscal year end
Financials of SANFORD by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$35,154,776$49,770,357-$14,615,581$792,728,642$1,439,615,841-$646,887,199
December 31, 2023990$17,379,839$42,983,312-$25,603,473$667,435,449$1,233,542,279-$566,106,830
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$35,154,776
Net gain from sales of assets
$14,990,291
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$21,692,188
Salaries, compensation and benefits (total)
$25,689,622
Professional fundraising fees
$0
Legal fees
$1,560,063
Occupancy
$218,575
Travel
$3,012,124
Depreciation
$46,163
Program services (functional)
$45,788,729
Management and general (functional)
$3,981,628

Balance sheet and other

Total assets, start of year
$667,435,449
Total assets, end of year
$792,728,642
Total liabilities, end of year
$1,439,615,841
Net assets, end of year
-$646,887,199
Land, buildings and equipment
$336,498
Publicly traded securities
$730,590,615
Net assets without donor restrictions
-$646,887,199
Gross receipts
$135,478,072
Employees
34,166
Volunteers
0
Year formed
2009
State of legal domicile
ND

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
SANFORD GROUP RETURNSEE SCHEDULE O - HCE
Highest-paid employee
0$0$15,170,117$237,910
SANFORD GROUP RETURNSEE SCHEDULE O - KEY EMPLOYEE
Key employee
9$11,467,118$0$1,281,640
SANFORD GROUP RETURNSEE SCHEDULE O - OFFICER
Officer
18$8,881,504$0$760,122
SANFORD GROUP RETURNSEE SCHEDULE O - FORMER
Former
0$1,478,557$0$146,335
SANFORD GROUP RETURNSEE SCHEDULE O - TRUSTEE
Trustee or director
1.47$0$1,205,813$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
SANFORD GROUP RETURNSEE SCHEDULE O - HCE
Highest-paid employee
0$0$14,995,381$232,575
SANFORD GROUP RETURNSEE SCHEDULE O - KEY EMPLOYEE
Key employee
5$8,609,788$0$1,221,783
SANFORD GROUP RETURNSEE SCHEDULE O - OFFICER
Officer
10$7,653,943$0$545,101
SANFORD GROUP RETURNSEE SCHEDULE O - FORMER
Former
0$2,607,518$0$141,301
SANFORD GROUP RETURNSEE SCHEDULE O - TRUSTEE
Trustee or director
0.5$0$1,209,069$16,560

Address and contacts

Address (IRS master file)
PO BOX 5039, SIOUX FALLS, SD 57117-5039
Principal officer (990 for 2024)
BILL GASSEN, 2301 EAST 60TH ST, SIOUX FALLS, SD 57104
Signed the 990
NICHOLAS OLSON, EVP, CFO
Phone
(605) 333-1000
Return prepared by
ERNST & YOUNG US LLP

Mission

SANFORD IS COMMITTED TO THE HEALTHCARE NEEDS OF COMMUNITIES THROUGHOUT THE UPPER MIDWEST. SANFORD PROVIDES A FULL RANGE OF PRIMARY AND SPECIALTY HEALTHCARE SERVICES AND STRIVES TO BE THE PREMIER RURAL HEALTH SYSTEM IN THE UNITED STATES.

990 for the year ended December 31, 2024

Program accomplishments

  • SANFORD IS A NON-PROFIT ORGANIZATION DEVELOPED TO PROMOTE THE HEALTH AND WELL-BEING OF PERSONS IN ITS SERVICE AREA THROUGH PLANNING AND ESTABLISHMENT OF POLICY FOR COORDINATION AND OVERSIGHT OF SANFORD'S CONTROLLED ORGANIZATIONS.
    Expenses $45,788,729

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
27-1218956
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Group exemption; Supporting organization of unknown type
Exempt since
2011
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E21)
Group exemption
5851 (18 member organizations)
Assets (IRS master file)
$792,728,642
Income (IRS master file)
$135,478,072

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$35,154,776$49,770,357$792,728,642IRS
990December 2023$17,379,839$42,983,312$667,435,449XML
990December 2022$13,687,193$44,302,292$429,967,937IRS
990December 2021$12,274,166$60,060,901$665,368,621IRS
990December 2020–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-1218956).

Questions about SANFORD

What is the EIN of SANFORD?
The employer identification number (EIN) of SANFORD is 27-1218956.
Is SANFORD tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
Are donations to SANFORD tax-deductible?
Yes. It is listed in IRS Publication 78 (Group exemption; Supporting organization of unknown type).
Which annual return does SANFORD file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of SANFORD due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SANFORD last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of SANFORD?
The 990 for the year ended December 31, 2024 names BILL GASSEN.
Who are the officers and directors of SANFORD?
The 990 for the year ended December 31, 2024 lists 5 people; 3 received compensation from the organization.
How much revenue does SANFORD have?
On its 990 for the year ended December 31, 2024 it reported revenue of $35,154,776, expenses of $49,770,357 and total assets of $792,728,642 at year end.

Organizations in its group exemption (18)

  • SANFORD
    EIN 45-3791176 · SIOUX FALLS, SD · last filed 990 for 2024
  • SANFORD
    EIN 31-1527032 · SIOUX FALLS, SD
  • SANFORD
    EIN 46-0227855 · SIOUX FALLS, SD
  • SANFORD
    EIN 46-0388596 · SIOUX FALLS, SD
  • SANFORD
    EIN 41-1266009 · SIOUX FALLS, SD
  • SANFORD
    EIN 26-2707628 · SIOUX FALLS, SD
  • SANFORD
    EIN 45-0397195 · SIOUX FALLS, SD
  • SANFORD
    EIN 45-0409348 · SIOUX FALLS, SD
  • SANFORD
    EIN 45-0274828 · SIOUX FALLS, SD · last filed 990 for 2018
  • SANFORD
    EIN 45-0226909 · SIOUX FALLS, SD
  • SANFORD
    EIN 45-0226700 · SIOUX FALLS, SD
  • SANFORD
    EIN 46-0447693 · SIOUX FALLS, SD
  • SANFORD
    EIN 45-0385890 · SIOUX FALLS, SD

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