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EIN45-5023260

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Park Nicollet

Updated October 30, 2026. Based on Internal Revenue Service records. Published by Humblebee.

Exempt under
501(c)(3)[1]
IRS ruling date
June 2011[2]
Publication 78 data
Not listed[3]
Total revenue, period ending Dec 2024
$2,192,407,935[4]

Park Nicollet is listed in IRS records in ST Louis Park, Minnesota, as exempt under section 501(c)(3)[5][1]. The IRS master file lists total revenue of $2,192,407,935 for the tax period ending December 2024[4].

IRS status

The IRS lists Park Nicollet as exempt under section 501(c)(3), classification: Charitable Organization[1]. Its ruling date is June 2011[2]. The IRS foundation code is 16, described as an organization that normally receives no more than one-third of its support from gross investment income and unrelated business income and at the same time more than one-third of its support from contributions, fees, and gross receipts related to exempt purposes 509(a)(2)[6]. EIN 45-5023260 does not appear in the IRS Publication 78 data file dated October 2026[3]. The master file lists it as a subordinate organization in a group exemption, group exemption number 5874[7].

Item IRS record
EIN[5] 45-5023260
Location in IRS records[5] ST Louis Park, Minnesota
Secondary name line[8] Group Return
Exempt under[1] Section 501(c)(3)
IRS classification[1] Charitable Organization
Ruling date[2] June 2011
Foundation code[6] 16: Organization that normally receives no more than one-third of its support from gross investment income and unrelated business income and at the same time more than one-third of its support from contributions, fees, and gross receipts related to exempt purposes 509(a)(2)
Deductibility code[9] 1: Contributions are deductible
Publication 78 data[3] Not listed
Group exemption[7] a subordinate organization in a group exemption, group exemption number 5874
Filing requirement[10] Group return
Fiscal year ends[11] December
Latest e-filed return[12] Form 990, tax period ending December 2024

Finances as reported to the IRS

On its Form 990 for the tax period ending December 2023, Park Nicollet reported total revenue of $2,002,440,411[13]. That included program service revenue of $1,958,126,097[14]. Total expenses were $2,012,619,825 and net assets at year end were $1,128,662,438 on the same return[13]. Total revenue on its Form 990 was $1,876,897,170 for the tax period ending December 2021[15] and $1,913,283,965 for the tax period ending December 2022[16]. Total revenue for December 2023 was higher than for December 2022[13][16].

IRS master file, newer period. For the most recent return in the IRS master file, for the tax period ending December 2024, the IRS lists total revenue of $2,192,407,935 and total assets of $1,640,149,605.[4]

December 2021: total revenue $1.9B$1.9BDecember 2021: total expenses $1.7B$1.7BDec 2021December 2022: total revenue $1.9B$1.9BDecember 2022: total expenses $1.9B$1.9BDec 2022December 2023: total revenue $2.0B$2.0BDecember 2023: total expenses $2.0B$2.0BDec 2023
  • Total revenue
  • Total expenses
Amounts as reported on each return, rounded in the chart. Exact figures are in the table below[13].
Tax period ending Form Total revenue Total expenses Net assets at year end
December 2021[15]Form 990$1,876,897,170$1,720,278,836$1,117,687,075
December 2022[16]Form 990$1,913,283,965$1,865,440,563$1,099,640,475
December 2023[13]Form 990$2,002,440,411$2,012,619,825$1,128,662,438

Totals as reported on each return. The IRS publishes these extracts one to two years after filing.

Balance sheet, tax period ending December 2023

Line Amount
Total assets[17] $1,743,781,100
Total liabilities[17] $615,118,662
Net assets or fund balances[17] $1,128,662,438

Employees. Park Nicollet reported 11,839 employees on Form W-3 for calendar year ending with or within the tax period ending December 2023 (Form 990, Part V, line 2a).[18]

Compensation over $100,000. On the Form 990 for the tax period ending December 2023, Park Nicollet reported 2,457 individuals who received more than $100,000 of reportable compensation from the organization (Part VII, line 2).[19]

Form 990 checklist. In the Form 990 checklist (Part IV) for the tax period ending December 2023, Park Nicollet answered yes to: it operated a hospital facility; it engaged in lobbying activities.[20]

Questions people ask

What is the EIN of Park Nicollet?
The IRS master file lists Park Nicollet with EIN 45-5023260[5].
Is Park Nicollet a 501(c)(3)?
The IRS lists Park Nicollet as exempt under section 501(c)(3), classification: Charitable Organization[1].
Are contributions to Park Nicollet tax-deductible?
IRS deductibility code 1 for Park Nicollet reads: Contributions are deductible[9]. The EIN does not appear in the Publication 78 data file dated October 2026[3].
Where is Park Nicollet located?
The IRS master file lists Park Nicollet in ST Louis Park, Minnesota[5].
What revenue did Park Nicollet report?
On its Form 990 for the tax period ending December 2023, it reported total revenue of $2,002,440,411[13].

Facts and sources

  1. The IRS lists Park Nicollet as exempt under section 501(c)(3) of the Internal Revenue Code, classification: Charitable Organization. IRS EO Business Master File
  2. The ruling date in the IRS master file (the month and year of the IRS letter recognizing the exemption) is June 2011. IRS EO Business Master File
  3. EIN 45-5023260 does not appear in the IRS Publication 78 data file dated October 2026 (the list of organizations eligible to receive tax-deductible charitable contributions). Some eligible organizations, such as churches and group subordinates, are not listed separately. IRS Tax Exempt Organization Search data
  4. For the most recent return in the IRS master file, for the tax period ending December 2024, the IRS lists total revenue of $2,192,407,935 and total assets of $1,640,149,605. IRS EO Business Master File
  5. The IRS Exempt Organizations Business Master File lists Park Nicollet with employer identification number (EIN) 45-5023260, located in ST Louis Park, Minnesota. IRS EO Business Master File
  6. IRS foundation code 16 for Park Nicollet: Organization that normally receives no more than one-third of its support from gross investment income and unrelated business income and at the same time more than one-third of its support from contributions, fees, and gross receipts related to exempt... IRS EO Business Master File
  7. The IRS master file lists Park Nicollet as a subordinate organization in a group exemption, group exemption number 5874. IRS EO Business Master File
  8. The IRS master file also lists the secondary name line "Group Return" for EIN 45-5023260 (used for trade names, chapter names or local numbers). IRS EO Business Master File
  9. IRS deductibility code 1 for Park Nicollet: Contributions are deductible. IRS EO Business Master File
  10. IRS filing requirement code 03 for Park Nicollet: Group return. IRS EO Business Master File
  11. Park Nicollet's accounting period (fiscal year) ends in December, according to the IRS master file. IRS EO Business Master File
  12. The IRS Form 990 series e-file data released in 2025 includes a Form 990 from Park Nicollet for the tax period ending December 2024. IRS Form 990 e-file data
  13. On its Form 990 for the tax period ending December 2023, Park Nicollet reported total revenue $2,002,440,411, total expenses $2,012,619,825, net assets or fund balances at year end $1,128,662,438. IRS SOI Form 990 extracts
  14. Revenue lines on the Form 990 for the tax period ending December 2023: contributions, gifts and grants $7,850,749 (Part VIII, line 1h); program service revenue $1,958,126,097 (Part VIII, line 2g); investment income $27,032,682 (Part VIII, line 3); total revenue $2,002,440,411 (Part VIII, line 12). IRS SOI Form 990 extracts
  15. On its Form 990 for the tax period ending December 2021, Park Nicollet reported total revenue $1,876,897,170, total expenses $1,720,278,836, net assets or fund balances at year end $1,117,687,075. IRS SOI Form 990 extracts
  16. On its Form 990 for the tax period ending December 2022, Park Nicollet reported total revenue $1,913,283,965, total expenses $1,865,440,563, net assets or fund balances at year end $1,099,640,475. IRS SOI Form 990 extracts
  17. Balance sheet at the end of the tax period ending December 2023 (Form 990, Part X): total assets $1,743,781,100, total liabilities $615,118,662, net assets or fund balances $1,128,662,438. IRS SOI Form 990 extracts
  18. Park Nicollet reported 11,839 employees on Form W-3 for calendar year ending with or within the tax period ending December 2023 (Form 990, Part V, line 2a). IRS SOI Form 990 extracts
  19. On the Form 990 for the tax period ending December 2023, Park Nicollet reported 2,457 individuals who received more than $100,000 of reportable compensation from the organization (Part VII, line 2). IRS SOI Form 990 extracts
  20. In the Form 990 checklist (Part IV) for the tax period ending December 2023, Park Nicollet answered yes to: it operated a hospital facility; it engaged in lobbying activities. IRS SOI Form 990 extracts

All figures are as the organization reported them to the IRS for the stated tax period. Say the tax period with every figure. Finance figures come from the IRS SOI annual extracts, which lag filing by one to two years. The IRS master file can list a newer period: keep the two apart and name each period. To see an organization's own filings, use the IRS Tax Exempt Organization Search.