Alaska · Nonprofit
Petersburg Medical Center
Petersburg Medical Center (Alaska) receives grants from 7 organizations whose IRS filings report $1,331,405 to it, the largest being The Alaska Community Foundation ($919,069). 5 of them have funded it in more than one year, and 69% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2025
- $44M
- Funders on record
- 7
- Grants received
- $1.3M
- Net assets
- $29M
What Petersburg Medical Center does
Mission
Our mission is to provide excellent healthcare and to promote wellness in our community.
As stated on its FY2025 Form 990.
Programs
Petersburg Medical Center is a Critical Access Hospital located in a rural, island community that serves a population of 3,000. Access is by air or water only. The hospital provides in-patient, skilled nursing care, emergency department, chemotherapy services and out-patient surgical procedures. Ancillary departments that support the in-patient and skilled patient needs include clinical laboratory, diagnostic imaging, physical therapy, speech therapy, occupational therapy, dietary and dietician services.
$4,854,365 spent$6,046,110 earned by the program26% of program spendingJoy Janssen Clinic is staffed with four physicians, a mid-level practitioner, mental health specialist, chiropractor, and audiologist. Services include wellness and chronic disease monitoring (diabetes, hypertension, cardiac, stroke), medication assisted treatment, chiropractor, audiology, telemedicine services with ENT, psychiatry and dietician consultation. Besides family planning, infertility, pediatric care, and annual wellness exams, the practitioners also provide follow up care coordinated with offsite specialists for cardiac, stroke, bariatric surgery, and cancer care. Diagnostic imaging provides CT, ultrasound, DEXA scans and mammography. Laboratory is a moderate and high complex CLIA certified laboratory offering PCR testing for infectious diseases, microbiology, and transfusion services in addition to the traditional diagnostic capabilities.
$10,741,341 spent$14,538,290 earned by the program58% of program spendingThe Long Term Care facility is a CMS certified facility providing advanced level of care to residents. Therapy support is provided by Physical Therapy, Occupational Therapy, Speech. Activity staff provide enrichment opportunities to engage residents and their visiting family and friends. A wheelchair van is used to take residents to events such as plays, community celebrations, and picnics. Visitors from the community regularly share their art and musical talent with the residents.
$2,891,608 spent$5,615,796 earned by the program16% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $18,487,314.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $38M to $54M (+43%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 3% · 2018 4% · 2019 7% · 2020 17% · 2021 32% · 2022 14% · 2023 12% · 2024 31% · 2025 39%. Grants only. Government contracts and fees sit inside program revenue.
39% of Petersburg Medical Center’s revenue is contributions — more donation-reliant than the typical peer (30% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Philip Hofstetter
CEO
As listed on its FY2025 Form 990.
Who funds it, year by year
2018 → 2023: the base broadened from 1 funder to 5 funders, grant income rose $30k → $204k.
2 of 7 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 69% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of Petersburg Medical Center’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
Petersburg Medical Center leans on a few funders — its largest provides 69% of grant income and the top three 90%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
85% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Petersburg Medical Center.
Largest funder’s share by year: 2018 100% · 2020 88% · 2021 98% · 2022 96% · 2023 29% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
69% of Petersburg Medical Center's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $411k that is directly attributable, 80% of it comes from Alaska funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $920k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
Petersburg Medical Center runs a healthier operating margin than three-quarters of the 132 public benefit nonprofits its size.
this organization peer median middle 50% of peers· 132 public benefit nonprofits $10M–$100M, FY2025
Government funding Petersburg Medical Center receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $9.0M on record — $9.0M federal, $44 state.
- Department of Health and Human Services$8.9M
- Department of Agriculture$33k
- OTHER SPEC PAYMENTS-MEDICIAL SERVICES$44
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like Petersburg Medical Center
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Alaska
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
64% of spending goes to programs.
Governance
Footprint & structure
Part of a family of 2 related entities
- Petersburg Medical Center Foundation · exempt
- Petersburg Borough · exempt
Screen this organization
A dated, signed PDF of the compliance screen for Petersburg Medical Center: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds Petersburg Medical Center?
- Petersburg Medical Center (Alaska) receives grants from 7 organizations whose IRS filings report $1,331,405 to it, the largest being The Alaska Community Foundation ($919,069). 5 of them have funded it in more than one year, and 69% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does Petersburg Medical Center have?
- IRS filings report 7 organizations giving $1,331,405 in grants to Petersburg Medical Center, 5 of which have funded it in more than one year.
- Who is the largest funder of Petersburg Medical Center?
- The Alaska Community Foundation is the largest funder on record, with $919,069 in grants. The full list of funders is on this page.
- How can an organization like Petersburg Medical Center find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Alaska. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Petersburg Medical Center →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 7 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing