Skip to content
ProPublica Donate
ProPublica Donate

Brookings Health System Investment Authority

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Health — General and Rehabilitative / Health Support Services (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$3.25M (2023)

Expenses
$120k (2023)

Total Assets
$59.5M (2023)

Total Liabilities
$0 (2023)

Source: Form 990 tax filings from 2018 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,251,178
Expenses
$120,415
Net Income
$3,130,763
Net Assets
$59,495,858
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $1,495,045
46.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,756,133
54.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $59,495,858
Total Liabilities $0
Net Assets $59,495,858
Compensation
Key Employees and Officers Compensation Related Other
Jason Merkley (Ceo Of Brookings Health System) $0 $597,719 $70,831
Melissa Wagner (Cfo Of Brookings Health System) $0 $138,874 $31,178
Andrew Ellsworth Md (Director) $0 $33,390 $0
Dick Peterson (President) $0 $3,600 $0
Sheila Anderson (Vice President) $0 $2,700 $0
Lynn Darnall (Secretary) $0 $2,700 $0
Tracy Greene (Director) $0 $2,700 $0
Don Greiner (Director) $0 $2,700 $0
Mary Anne Krogh (Director) $0 $2,700 $0
David Meyer Dds (Director) $0 $2,700 $0
Jim Morgan (Director) $0 $2,700 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$564,726
Expenses
$110,814
Net Income
$453,912
Net Assets
$53,462,459
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $1,069,873
> 100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$505,147
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $53,462,459
Total Liabilities $0
Net Assets $53,462,459
Compensation
Key Employees and Officers Compensation Related Other
Jason Merkley (Ceo Of Brookings Health System) $0 $505,910 $67,235
Melissa Wagner (Cfo Of Brookings Health System) $0 $133,909 $31,065
Dick Peterson (President) $0 $3,600 $0
Sheila Anderson (Vice President) $0 $2,700 $0
Jim Morgan (Director) $0 $2,700 $0
Lynn Darnall (Secretary) $0 $2,700 $0
Daryl Englund (Director) $0 $2,700 $0
Andrew Ellsworth Md (Director) $0 $2,700 $0
Mary Anne Krogh (Director) $0 $2,700 $0
Tracy Greene (Director) $0 $2,700 $0
David Meyer Dds (Director) $0 $2,700 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,647,115
Expenses
$114,060
Net Income
$1,533,055
Net Assets
$45,747,413
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $697,656
42.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $949,459
57.6%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $45,747,413
Total Liabilities $0
Net Assets $45,747,413
Compensation
Key Employees and Officers Compensation Related Other
Jason Merkley (Ceo Of Brookings Health System) $0 $432,608 $41,745
Melissa Wagner (Cfo Of Brookings Health System) $0 $112,850 $15,126
Dick Peterson (President) $0 $0 $0
Sheila Anderson (Vice President) $0 $0 $0
Jim Morgan (Director) $0 $0 $0
Lynn Darnall (Secretary) $0 $0 $0
Daryl Englund (Director) $0 $0 $0
Andrew Ellsworth Md (Director) $0 $0 $0
Mary Anne Krogh (Director) $0 $0 $0
Tracy Greene (Director) $0 $0 $0
David Meyer Dds (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
-$1,785,256
Expenses
$79,429
Net Income
-$1,864,685
Net Assets
$36,815,509
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $646,088
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$2,431,344
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $36,815,509
Total Liabilities $0
Net Assets $36,815,509
Compensation
Key Employees and Officers Compensation Related Other
Jason Merkley (Ceo Of Brookings Health System) $0 $408,028 $38,973
Melissa Wagner (Cfo Of Brookings Health System) $0 $115,946 $14,980
Jim Morgan (President) $0 $0 $0
Daryl Englund (Vice President) $0 $0 $0
Sheila Anderson (Secretary) $0 $0 $0
Lynn Darnall (Director) $0 $0 $0
Andrew Ellsworth Md (Director) $0 $0 $0
Mary Anne Krogh (Director) $0 $0 $0
Dick Peterson (Director) $0 $0 $0
Justin Sell (Director) $0 $0 $0
Walter Wosje (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,898,230
Expenses
$70,778
Net Income
$1,827,452
Net Assets
$28,548,556
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $664,850
35.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,233,380
65.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $28,548,556
Total Liabilities $0
Net Assets $28,548,556

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$345,793
Expenses
$33,262
Net Income
$312,531
Net Assets
$24,292,003
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $406,592
> 100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$60,799
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $24,292,003
Total Liabilities $0
Net Assets $24,292,003
Compensation
Key Employees and Officers Compensation Related Other
Walter Wosje (President) $0 $0 $0
Jim Morgan (Vice President) $0 $0 $0
Sheila Anderson (Secretary) $0 $0 $0
Lynn Darnall (Director From 03/2018) $0 $0 $0
Bill Davidson (Director) $0 $0 $0
Andrew Ellsworth Md (Director) $0 $0 $0
Daryl Englund (Director) $0 $0 $0
Dick Peterson (Director) $0 $0 $0
Justin Sell (Director) $0 $0 $0
Nancy Fahrenwald (Director Until 02/2018) $0 $0 $0
Jason Merkley (Ceo Of Brookings Health System) $0 $413,431 $31,128
Steve Lindemann Until 082018 (Cfo Of Brookings Health System) $0 $117,455 $9,248
Melissa Wagner Beg Sept 2018 (Cfo Of Brookings Health System) $0 $28,585 $0

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »