Prairie Lakes Health Care System Inc logo

Prairie Lakes Health Care System Inc

WATERTOWN, SD EIN: 46-0391067 Website

WE MAKE A POSITIVE DIFFERENCE IN THE HEALTH OF THE PATIENTS AND COMMUNITIES WE SERVE.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$441.1M

+9.0% YoY

Annual Giving

$219K

-93.1% YoY

Grant Count

7

-12.5% YoY

Avg Grant Size

$31K

-92.1% YoY

About Prairie Lakes Health Care System Inc

Based on IRS filings

Prairie Lakes Health Care System Inc is a nonprofit organization focused on Health, based in WATERTOWN, SD. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $441.1M in total assets. In 2024, it awarded 7 grants totaling $219K. Net investment income was $21.3M.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

CASTLEWOODFLORENCESIOUX FALLSWATERTOWN

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$45M$89M$134M$178M201920202021202220232024
Metric202420232022
Total Assets$441,055,297$404,656,079$432,088,879
Revenue$161,897,147$143,812,571$140,443,568
Expenses$147,024,495$137,642,732$125,590,516
Qualifying Distributions
Net Investment Income$21,347,993$14,834,473$19,570,123
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M$4M6 grants20196 grants20206 grants20219 grants20228 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

WATERTOWN AREA COMMUNITY…$50KWATERTOWN AREA UNITED WAY$48KLAKE AREA TECHNICAL INST…$39KSANFORD CLINIC$30KHUMAN SERVICE AGENCY$30KNE TECHNICAL HIGH SCHOOL$12KWATERTOWN CARES$10K

Grant Size Distribution

36 grants across all recorded years

30<$50K3$50–100K$100–250K$250–500K$500K–1M3$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Watertown Area Community Foundation ($50,000), Watertown Area United Way ($47,500), Lake Area Technical Institute Foundation ($39,375).

RecipientPurposeAmount
SANFORD CLINIC WATERTOWN, SDSUPPORT OF FAMILY PLANNING CLINIC.$30,000
WATERTOWN CARES WATERTOWN, SDHOUSING SUPPORT$10,000
WATERTOWN AREA UNITED WAY WATERTOWN, SDSUPPORT OF UNITED WAY AGENCIES$47,500
HUMAN SERVICE AGENCY WATERTOWN, SDDETOX UNIT SUPPORT$30,000
LAKE AREA TECHNICAL INSTITUTE FOUNDATION WATERTOWN, SDSCHOLARSHIPS$39,375
NE TECHNICAL HIGH SCHOOL WATERTOWN, SDFUTURE LEADER SPONSORSHIP$12,400
WATERTOWN AREA COMMUNITY FOUNDATION WATERTOWN, SDGENERAL SUPPORT$50,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

JEFFREY SMITH MDPHYSICIAN$1.3MJACOB SCHAEFFER MDPHYSICIAN$1.3MRICHARD HOWARD MDPHYSICIAN$1.2MGREG GERRISH MDPHYSICIAN$1.0MVIJAY RAOPHYSICIAN$621KJOHN ALLENPRESIDENT/CEO$414KSHELLY TURBAKCNO$181KLAURIE FIEBERVP OF CLINIC OPERATIONS$180KALISON GILBERTSONVP OF HUMAN RESOURCES$166KTIM PUGSLEYCIO$72KLYNN SEVERSONCFO$64K

From 2024 filing

NameTitleHoursCompensation
ROB PETERSONPAST CHAIR1
VINCE FOLEYCHAIR1
MIKE LUKENTREASURER1
CHRIS CARTERVICE CHAIR1
SCOTT MUNGERSECRETARY1
ALAN CHRISTENSEN MDDIRECTOR1
MARK ROBYDIRECTOR1
TAMMY DAVISDIRECTOR1
JONATHAN OVIATTDIRECTOR1
KRISTEN HENDERSONDIRECTOR1
JESSE PETERSONDIRECTOR1
JOHN ALLENPRESIDENT/CEO40$414,250
LYNN SEVERSONCFO40$63,606
JAY HODGESINTERIM CFO40
TIM PUGSLEYCIO40$72,115
SHELLY TURBAKCNO40$181,139
LAURIE FIEBERVP OF CLINIC OPERATIONS40$179,623
ALISON GILBERTSONVP OF HUMAN RESOURCES40$165,839
RICHARD HOWARD MDPHYSICIAN40$1,209,852
GREG GERRISH MDPHYSICIAN40$1,028,756
JACOB SCHAEFFER MDPHYSICIAN40$1,263,474
JEFFREY SMITH MDPHYSICIAN40$1,338,318
VIJAY RAOPHYSICIAN40$620,508

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Prairie Lakes Health Care System Inc?

Prairie Lakes Health Care System Inc is a nonprofit organization focused on Health, based in WATERTOWN, SD. It holds $441.1M in total assets as of 2024.

How large is Prairie Lakes Health Care System Inc?

As of 2024, Prairie Lakes Health Care System Inc holds $441.1M in total assets with $161.9M in annual revenue. It awarded 7 grants totaling $219K in 2024.

Where does Prairie Lakes Health Care System Inc operate?

Prairie Lakes Health Care System Inc has awarded grants in South Dakota.

What size grants does Prairie Lakes Health Care System Inc award?

In 2024, Prairie Lakes Health Care System Inc awarded 7 grants totaling $219K — an average of about $31K per grant, based on its IRS Form 990 filings.

What is Prairie Lakes Health Care System Inc's EIN?

Prairie Lakes Health Care System Inc's EIN (Employer Identification Number) is 46-0391067. IRS Form 990 filing data is available on this page for 2019–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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