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Olmsted Medical Center

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

EIN: 410855367 ✦ Rochester, MN ✦ Designated as a 501(c)(3)

Overview

What is Olmsted Medical Center?

Olmsted Medical Center is a 501(c)(3) non-profit organization located in Rochester, Minnesota, dedicated to providing exceptional patient care with a personalized touch. Their mission emphasizes caring, quality, safety, and service. With over 25 specialized services, they aim to be an integral part of southeastern Minnesota's health and wellness community. Olmsted Medical Center's vision is to partner for better health and better lives.


Official website here: www.olmmed.org

Is Olmsted Medical Center legitimate?

Olmsted Medical Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Olmsted 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: $2,300,255
Professional Fundraising Fees: $0
Other Salaries and Wages: $121,319,132

For more financial information, click here


Official website here: www.olmmed.org

What is the mission statement of Olmsted Medical Center?

Olmsted Medical Center is a non-profit organization committed to providing top-notch patient care with a strong emphasis on compassion, quality, safety, and service. The center, based in Minnesota, offers over 25 specialized services and strives to make a positive impact on the local community's health and wellbeing. Through its personalized approach to care, Olmsted Medical Center aims to contribute significantly to the overall health and well-being of its patients and the community at large. The organization's dedication extends beyond individual care, as it actively engages in various health and wellness initiatives to promote better living for all.


Official website here: www.olmmed.org

Who is the CEO of Olmsted Medical Center?

James Hoffmann is the Principal Officer of Olmsted Medical Center. The CEO's salary of Olmsted Medical Center is $860,633 and their total compensation is $905,792.


Official website here: www.olmmed.org

What is the revenue of Olmsted Medical Center?

Olmsted Medical Center's revenue in 2022 was $258,723,356.


Official website here: www.olmmed.org

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

The average compensation at Olmsted Medical Center during 2022 was $75,887. There are 1,629 employees and 22 volunteers at Olmsted Medical Center.

Here are 20 key members and their salaries (Olmsted Medical Center's CEO's salary is $860,633 and their total compensation is $905,792):

    Matthew Kirsch Md (Physician)
  • Compensation: $1,156,543
  • Related: $0
  • Other: $55,431

    • Vidhan Chandra Md (Physician)
  • Compensation: $1,053,290
  • Related: $0
  • Other: $30,485

    • Samer Abdel-Aziz Md (Physician)
  • Compensation: $1,017,576
  • Related: $0
  • Other: $55,604

    • Mark Herr Md (Physician)
  • Compensation: $1,037,392
  • Related: $0
  • Other: $30,826

    • Jacob Juta Md (Physician)
  • Compensation: $886,406
  • Related: $0
  • Other: $55,612

    • Tim Weir Fache (Chief Executive Officer)
  • Compensation: $860,633
  • Related: $0
  • Other: $45,159

    • James Hoffmann Md (President) [Trustee/Director]
  • Compensation: $585,303
  • Related: $0
  • Other: $46,011

    • Kevin Higgins (Chief Financial Officer)
  • Compensation: $525,381
  • Related: $0
  • Other: $61,127

    • Randy Hemann Md (Chief Medical Officer)
  • Compensation: $520,972
  • Related: $0
  • Other: $45,871

    • Tamara Alexandrov Md (Clinic Trustee)
  • Compensation: $466,060
  • Related: $0
  • Other: $29,954

    • Keith Kleis (Clinic Trustee)
  • Compensation: $354,654
  • Related: $0
  • Other: $55,249

    • Maral Kendarian (Clinic Trustee)
  • Compensation: $359,509
  • Related: $0
  • Other: $29,888

    • Carole Nistler Md Clinic (Trustee Then Public Trustee)
  • Compensation: $124,534
  • Related: $0
  • Other: $33,636

    • Cassie Harrington (Public Trustee-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Malugani (Public Trustee-Chair Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrea Chapman (Public Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jay Hesley (Public Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wendy Shannon (Public Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Don Suppalla (Public Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Tuohy (Public Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.olmmed.org

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

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


    Official website here: www.olmmed.org

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

    Mission Statement of Olmsted Medical Center

    Olmsted Medical Center, a renowned 501(c)(3) non-profit organization, is committed to providing exceptional patient care with a strong emphasis on caring, quality, safety, and service. Located in Minnesota, this esteemed institution is dedicated to making a positive difference in people's lives through its wide range of more than 25 specialties. Olmsted Medical Center takes a personalized approach to care, ensuring that each patient receives the attention and compassion they deserve.

    Beyond delivering top-notch healthcare, Olmsted Medical Center is an active contributor to the health and wellness efforts in southeastern Minnesota. By partnering with various communities, it strives to create a ripple effect, positively impacting the lives of many. The organization's commitment to caring, quality, safety, and service is reflected in its mission to deliver exceptional patient care and champion the overall well-being of the people it serves.

    Impact

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




    Thursday, August 15, 2024

    Olmsted Medical Center's impact is profound, providing outstanding patient care with a strong emphasis on compassion, quality, safety, and service in Rochester, MN. As a leading healthcare provider in the region, Olmsted Medical Center offers a wide range of specialties and services to improve the health and well-being of the community. Through its commitment to personalized care and community wellness initiatives, Olmsted Medical Center plays a vital role in enhancing the overall health of southeastern Minnesota.





    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: $2,323,986
  • Program Service Revenue: $255,962,007
  • Gross Receipts: $263,714,793

    • Assets and Liabilities:
  • Total Assets: $277,318,598
  • Total Liabilities: $44,947,503
  • Net Assets: $232,371,095
  • Programs

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

    NET PATIENT SERVICES

    Revenue

    $250,281,128

    PHARMACY

    Revenue

    $5,680,879

    Organization Details

    Founding Year

    1949

    Principal Officer

    James Hoffmann

    Main Address

    210 NINTH STREET SE, ROCHESTER, MN, 55904

    NTEE Category

    Code: E22 - Health

    If you are a representative of Olmsted 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.