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Ridgeview Medical Center

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 311667875 ✦ Waconia, MN ✦ Designated as a 501(c)(3)

Overview

What is Ridgeview Medical Center?

Ridgeview Medical Center is a prominent healthcare provider located in Waconia, Minnesota, employing over 2,400 individuals. The nonprofit institution enhances the lifelong health of its community by offering a range of services, including hospital care, free-standing emergency and urgent care, and eight multispecialty clinic locations. In 2022, Ridgeview Medical Center provided $1,414,493 in charity care and uncompensated services, spent $8,945,634 on community initiatives, and served over 310,000 people. The hospital treated 7,730 inpatients, 46,121 emergency visits, 50,618 home health visits, 6,135 surgeries, 1,418 births, 17,352 ambulance runs, and 408,695 outpatient visits. Its mission is deeply rooted in nurturing the whole person - mind, body, and spirit.


Official website here: www.ridgeviewmedical.org

Is Ridgeview Medical Center legitimate?

Ridgeview Medical Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ridgeview Medical Center submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $5,701,894
Professional Fundraising Fees: $0
Other Salaries and Wages: $144,184,724

For more financial information, click here


Official website here: www.ridgeviewmedical.org

What is the mission statement of Ridgeview Medical Center?

Ridgeview Medical Center is dedicated to enhancing the lifelong health of the people it serves, fostering a culture that nurtures their whole being: mind, body, and spirit. The mission of this healthcare provider goes beyond delivering quality healthcare services; it aims to improve the overall wellbeing of the community it reaches. In the year 2022, Ridgeview Medical Center provided charity care and other uncompensated services amounting to $10,364,061, demonstrating its commitment to serving those in need. The hospital's unpaid costs for services provided to Medicaid and Medicare patients in the same year were $48,294,553. With a vast reach, Ridgeview Medical Center served over 310,000 people through its hospital, emergency and urgent care facility, and eight multispecialty clinic locations, providing care to 7,730 inpatients, 46,121 emergency care visits, and 408,695 outpatient visits, among other services.


Official website here: www.ridgeviewmedical.org

Who is the CEO of Ridgeview Medical Center?

Michael Phelps is the President/Ceo of Ridgeview Medical Center. The CEO's salary of Ridgeview Medical Center is $1,274,183 and their total compensation is $1,338,223.


Official website here: www.ridgeviewmedical.org

What is the revenue of Ridgeview Medical Center?

Ridgeview Medical Center's revenue in 2022 was $311,550,347.


Official website here: www.ridgeviewmedical.org

Who are the executives of Ridgeview Medical Center and what are their salaries?

The average compensation at Ridgeview Medical Center during 2022 was $61,911. There are 2,421 employees and 113 volunteers at Ridgeview Medical Center.

Here are 27 key members and their salaries (Ridgeview Medical Center's CEO's salary is $1,274,183 and their total compensation is $1,338,223):

    Michael Phelps (President/Ceo)
  • Compensation: $1,274,183
  • Related: $0
  • Other: $64,040

    • Gordon Gablenz (Cio)
  • Compensation: $794,145
  • Related: $0
  • Other: $89,439

    • Aaron Bloomquist (Cfo)
  • Compensation: $490,798
  • Related: $0
  • Other: $61,669

    • Benjamin Nielsen (Coo)
  • Compensation: $363,774
  • Related: $0
  • Other: $18,024

    • Elaine Arion (Vice President & Cno)
  • Compensation: $329,692
  • Related: $0
  • Other: $36,840

    • Sarah Urtel (Vp Of System Support)
  • Compensation: $293,359
  • Related: $0
  • Other: $60,985

    • Tyler Johnson (Advanced Practice Provider)
  • Compensation: $281,916
  • Related: $0
  • Other: $58,350

    • Paul Ham (Vp Of Support Services)
  • Compensation: $290,605
  • Related: $0
  • Other: $46,706

    • Sarah Hastings (Executive Director)
  • Compensation: $265,282
  • Related: $0
  • Other: $63,374

    • Gregory Erickson (Crna)
  • Compensation: $257,052
  • Related: $0
  • Other: $63,349

    • Stacey Lee (Vice President)
  • Compensation: $250,851
  • Related: $0
  • Other: $61,069

    • Gregory Marchetti (Crna)
  • Compensation: $246,656
  • Related: $0
  • Other: $62,242

    • Jennie Torola (Crna)
  • Compensation: $241,279
  • Related: $0
  • Other: $53,969

    • Andrew Kester (Cio)
  • Compensation: $258,094
  • Related: $0
  • Other: $34,849

    • Dr Matt Herold (Vp Of Medical Affairs)
  • Compensation: $180,976
  • Related: $0
  • Other: $18,989

    • Ken Gilles (Cio (Through April 2022))
  • Compensation: $139,678
  • Related: $0
  • Other: $36,447

    • Jeff Nelson (Board Member) [Trustee/Director]
  • Compensation: $5,000
  • Related: $1,200
  • Other: $0

    • Theresa Dalen (Board Chair) [Trustee/Director]
  • Compensation: $6,000
  • Related: $0
  • Other: $0

    • Brian Mark (Board Vice Chair) [Trustee/Director]
  • Compensation: $5,000
  • Related: $0
  • Other: $0

    • Van Colson (Treasurer) [Trustee/Director]
  • Compensation: $5,000
  • Related: $0
  • Other: $0

    • Julie Osterberg (Secretary) [Trustee/Director]
  • Compensation: $5,000
  • Related: $0
  • Other: $0

    • Stuart Groninga (Board Member) [Trustee/Director]
  • Compensation: $5,000
  • Related: $0
  • Other: $0

    • Wayne Hubin (Board Member (Through February 2022)) [Trustee/Director]
  • Compensation: $5,000
  • Related: $0
  • Other: $0

    • Dave Kirsch (Board Member) [Trustee/Director]
  • Compensation: $5,000
  • Related: $0
  • Other: $0

    • Heather Reighard (Board Member) [Trustee/Director]
  • Compensation: $5,000
  • Related: $0
  • Other: $0

    • Kate Roehl (Board Member) [Trustee/Director]
  • Compensation: $5,000
  • Related: $0
  • Other: $0

    • Mike Schuler (Board Member) [Trustee/Director]
  • Compensation: $5,000
  • Related: $0
  • Other: $0


  • Official website here: www.ridgeviewmedical.org

    Where can I find the form 990 for Ridgeview Medical Center?

    The Ridgeview Medical Center’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.ridgeviewmedical.org

    Learn more at the official website: www.ridgeviewmedical.org

    Mission Statement of Ridgeview Medical Center

    Ridgeview Medical Center, a dedicated healthcare institution, is committed to fostering the lifelong health of the people it serves. With a focus on the whole person - mind, body, and spirit - the center strives to provide exceptional healthcare services that cater to the community. In 2022, Ridgeview Medical Center demonstrated its commitment by offering charity care and uncompensated services worth $10,361,557 and spending $8,945,634 on community services, including taxes and fees. The center served a substantial population of over 310,000 individuals, attending to their needs through one hospital, one free-standing emergency and urgent care facility, and eight multispecialty clinic locations.

    Ridgeview Medical Center's healthcare services extended to a considerable number of patients, with 7,730 inpatient stays, 46,121 emergency care visits, 50,618 home health visits, 6,135 surgeries, 1,418 births, 17,352 ambulance runs, and 408,695 outpatient visits. The financial burden of catering to Medicare and Medicaid patients amounted to $12,015,031 and $36,279,522 in unpaid costs. Despite these challenges, Ridgeview Medical Center continued to prioritize the well-being of its patients and the community, offering essential services and support to those in need.

    Impact

    This information is meant to be a general summary of Ridgeview Medical Center. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Ridgeview Medical Center's impact is significant in enhancing the lifelong health of the people it serves. In 2022 alone, the hospital provided charity care and other uncompensated care totaling $1,414,493. Additionally, Ridgeview Medical Center spent $8,945,634 on uncompensated community services, including taxes and fees.

    The hospital also served a large number of patients, including 7,730 inpatients, 46,121 emergency care visits, 50,618 home health visits, 6,135 surgeries, 1,418 births, 17,352 ambulance runs, and 408,695 outpatient visits in 2022. Ridgeview Medical Center caters to a population of more than 310,000 people through its operations which include one hospital, one free-standing emergency and urgent care facility, and eight multispecialty clinic locations.

    This demonstrates Ridgeview Medical Center's commitment to providing quality healthcare services to the community of Waconia and the surrounding areas, impacting the well-being of a large number of individuals in the region.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,288,748
  • Program Service Revenue: $281,992,636
  • Gross Receipts: $316,934,547

    • Assets and Liabilities:
  • Total Assets: $359,852,774
  • Total Liabilities: $205,257,016
  • Net Assets: $154,595,758
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    NET PATIENT REVENUE

    Revenue

    $281,992,636

    Organization Details

    Founding Year

    1999

    Principal Officer

    Michael Phelps

    Main Address

    500 SOUTH MAPLE STREET, WACONIA, MN, 553871791

    NTEE Category

    Code: E220 - Health

    If you are a representative of Ridgeview Medical Center and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.