nonprofit logo

Mayo Clinic

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

EIN: 416011702 ✦ Rochester, MN ✦ Designated as a 501(c)(3)

Overview

What is Mayo Clinic?

Mayo Clinic is a renowned, not-for-profit medical group practice headquartered in Rochester, Minnesota. With a team of experts, they provide comprehensive, high-quality care to patients, prioritizing their needs above all. Mayo Clinic's mission is to inspire hope and contribute to health and well-being through integrated clinical practice, education, and research. The organization operates in multiple locations across the United States and worldwide, working collaboratively to offer specialized medical care in various fields and provide healthcare-related services and knowledge delivery to the public. Mayo Clinic's approach is consistent, high quality, and employing common governance, shared systems, and standardized policies and procedures. It is overseen by a board of trustees, ensuring it remains dedicated to serving the public's health care needs rather than private benefit. Mayo Clinic has a significant presence in the digital transformation of healthcare and is a top-ranked healthcare organization, delivering care to people from all 50 states and approximately 130 countries.


Official website here: www.mayoclinic.org

Is Mayo Clinic legitimate?

Mayo Clinic is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mayo Clinic 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: $21,062,793
Professional Fundraising Fees: $902,800
Other Salaries and Wages: $2,524,736,654

For more financial information, click here


Official website here: www.mayoclinic.org

What is the mission statement of Mayo Clinic?

The Mayo Clinic is a renowned integrated medical group practice dedicated to delivering high-quality, affordable, and compassionate patient care. Its mission is to inspire hope and contribute to health and well-being by providing the best care to every patient through integrated clinical practice, education, and research. The healthcare organization is committed to improving patient outcomes by coordinating existing practice models with transformational initiatives, better engaging patients, supporting patient wellness goals, and helping patients manage chronic illnesses. Mayo Clinic's focus on patient care extends beyond its facilities, collaborating with diverse community members to help community medical providers incorporate practice-based and research-based knowledge to improve overall community health outcomes. Through its comprehensive patient care services, the Mayo Clinic aims to transform the way healthcare is delivered and improve patient quality of life while reducing overall healthcare costs.


Official website here: www.mayoclinic.org

Who is the CEO of Mayo Clinic?

Gianrico Farrugia Md is the Principal Officer of Mayo Clinic. The CEO's salary of Mayo Clinic is $0 and their total compensation is $3,720,342.


Official website here: www.mayoclinic.org

What is the revenue of Mayo Clinic?

Mayo Clinic's revenue in 2022 was $7,075,354,210.


Official website here: www.mayoclinic.org

Who are the executives of Mayo Clinic and what are their salaries?

The average compensation at Mayo Clinic during 2022 was $87,376. There are 29,136 employees and 928 volunteers at Mayo Clinic.

Here are 81 key members and their salaries (Mayo Clinic's CEO's salary is $0 and their total compensation is $3,720,342):

    Farrugia Md Gianrico (Trustee/President/Ceo)
  • Compensation: $0
  • Related: $3,636,091
  • Other: $84,251

    • Thielen Md Kent R (Trustee/Vp)
  • Compensation: $0
  • Related: $2,006,672
  • Other: $82,342

    • Gray Md Richard J (Trustee/Vp)
  • Compensation: $0
  • Related: $1,999,424
  • Other: $73,274

    • Gorman Paul A (Treasurer)
  • Compensation: $0
  • Related: $1,715,056
  • Other: $86,692

    • Zorn Christina K (Trustee/Vp)
  • Compensation: $0
  • Related: $1,530,674
  • Other: $71,810

    • Dahlen Dennis E (Cfo)
  • Compensation: $0
  • Related: $1,481,402
  • Other: $92,474

    • Krauss Md William E (Physician)
  • Compensation: $1,463,000
  • Related: $0
  • Other: $76,257

    • Lanzino Md Giuseppe (Physician)
  • Compensation: $1,452,631
  • Related: $0
  • Other: $78,463

    • Murphy Joshua B (Secy)
  • Compensation: $0
  • Related: $1,402,046
  • Other: $83,935

    • Pichelmann Md Mark A (Chair-Nwwi Neurosurgery)
  • Compensation: $1,405,818
  • Related: $0
  • Other: $64,961

    • Williams Md Amy W (Trustee)
  • Compensation: $0
  • Related: $1,397,374
  • Other: $72,259

    • Marsh Md W Richard (Dir-Spine Center)
  • Compensation: $1,378,411
  • Related: $0
  • Other: $39,627

    • Clarke Md Michelle J (Physician)
  • Compensation: $1,327,940
  • Related: $0
  • Other: $53,586

    • Gores Md Gregory J (Executive Dean Of Research)
  • Compensation: $1,301,223
  • Related: $0
  • Other: $39,974

    • Williamson Mary J (Cao-Mcs)
  • Compensation: $1,096,580
  • Related: $0
  • Other: $78,248

    • Otley Md Clark C (Physician)
  • Compensation: $1,078,010
  • Related: $0
  • Other: $81,918

    • Ammash Md Naser M (Former Key Employee)
  • Compensation: $0
  • Related: $1,036,062
  • Other: $75,598

    • Menkosky Paula E (Asst Secy)
  • Compensation: $0
  • Related: $1,011,448
  • Other: $81,544

    • Harper Jr Md Charles M (Trustee)
  • Compensation: $1,042,860
  • Related: $0
  • Other: $38,634

    • Pagnano Md Mark W (Chair-Orthopedics)
  • Compensation: $923,369
  • Related: $0
  • Other: $81,668

    • Shah Md Vijay (Chair-Roch Intern Med)
  • Compensation: $930,719
  • Related: $0
  • Other: $73,536

    • Callstrom Md Matthew R (Trustee)
  • Compensation: $920,062
  • Related: $0
  • Other: $78,978

    • Rihal Md Charanjit S (Trustee)
  • Compensation: $901,460
  • Related: $0
  • Other: $84,702

    • Morice Md William G (Chair-Lab Med & Path)
  • Compensation: $866,742
  • Related: $0
  • Other: $78,296

    • Arnett Jennifer P (Chief Development Officer)
  • Compensation: $877,526
  • Related: $0
  • Other: $36,563

    • Hara Md Amy K (Trustee)
  • Compensation: $0
  • Related: $817,162
  • Other: $74,377

    • Camilleri Md Michael (Former Key Employee)
  • Compensation: $841,962
  • Related: $0
  • Other: $41,116

    • Wald Md John T (Former Key Employee)
  • Compensation: $777,809
  • Related: $0
  • Other: $88,222

    • Kendrick Md Michael L (Chair-Surgery)
  • Compensation: $787,711
  • Related: $0
  • Other: $73,225

    • Khan Rita G (Former Key Employee)
  • Compensation: $0
  • Related: $758,025
  • Other: $58,776

    • Fonseca Md Rafael (Trustee)
  • Compensation: $0
  • Related: $734,769
  • Other: $78,773

    • Leibovich Md Bradley C (Physician)
  • Compensation: $734,499
  • Related: $0
  • Other: $75,874

    • Dowdy Md Sean C (Chief Value Officer)
  • Compensation: $732,595
  • Related: $0
  • Other: $70,342

    • Loftus Md Conor G (Former Key Employee)
  • Compensation: $720,718
  • Related: $0
  • Other: $65,795

    • Didehban Roshanak (Trustee)
  • Compensation: $489,841
  • Related: $246,295
  • Other: $36,358

    • Galanis Md Evanthia (Executive Dean Of Development)
  • Compensation: $696,670
  • Related: $0
  • Other: $70,863

    • Gertz Md Morie A (Former Key Employee)
  • Compensation: $726,233
  • Related: $0
  • Other: $38,084

    • Mclaughlin Md Sarah A (Trustee)
  • Compensation: $0
  • Related: $682,925
  • Other: $35,344

    • Brown Md Michael J (Physician)
  • Compensation: $644,181
  • Related: $0
  • Other: $73,027

    • Cima Md Robert R (Physician)
  • Compensation: $640,358
  • Related: $0
  • Other: $74,102

    • Okuno Md Scott H (Former Key Employee)
  • Compensation: $632,334
  • Related: $0
  • Other: $75,447

    • Luetmer Md Patrick H (Former Key Employee)
  • Compensation: $661,260
  • Related: $0
  • Other: $45,164

    • Frank Md Igor (Physician)
  • Compensation: $631,768
  • Related: $0
  • Other: $67,305

    • Khan Md Amir R (Physician)
  • Compensation: $603,303
  • Related: $0
  • Other: $73,915

    • Gazelka Md Halena M (Former Key Employee)
  • Compensation: $584,084
  • Related: $21,184
  • Other: $56,096

    • Peters Md Steve G (Physician)
  • Compensation: $614,018
  • Related: $0
  • Other: $40,312

    • Famuyide Mbbs Abimbola O (Trustee)
  • Compensation: $565,818
  • Related: $0
  • Other: $74,824

    • Francis James R (Asst Treasurer)
  • Compensation: $0
  • Related: $547,728
  • Other: $89,905

    • Horlocker Md Terese T (Physician)
  • Compensation: $593,169
  • Related: $0
  • Other: $38,669

    • Dunn Ajani N (Asst Secy)
  • Compensation: $0
  • Related: $535,956
  • Other: $64,190

    • Hayes Md Sharonne N (Former Key Employee)
  • Compensation: $510,672
  • Related: $0
  • Other: $64,856

    • Lucchinetti Md Claudia F (Trustee)
  • Compensation: $490,858
  • Related: $0
  • Other: $77,982

    • Dieter Heidi L (Chair-Research Admin)
  • Compensation: $490,358
  • Related: $0
  • Other: $50,076

    • Poe John D (Chair-Education Admin)
  • Compensation: $53,273
  • Related: $408,559
  • Other: $61,725

    • Diasio Md Robert B (Former Key Employee)
  • Compensation: $453,641
  • Related: $0
  • Other: $34,018

    • Hubert Sherry L (Asst Secy)
  • Compensation: $0
  • Related: $386,410
  • Other: $83,003

    • Narr Md Bradly J (Former Key Employee)
  • Compensation: $411,331
  • Related: $0
  • Other: $39,916

    • Norby Susan M (Former Officer)
  • Compensation: $0
  • Related: $364,249
  • Other: $72,191

    • Bolton Jeffrey W (Former Officer)
  • Compensation: $0
  • Related: $406,549
  • Other: $0

    • Caine Natalie A (Cao-Rochester)
  • Compensation: $343,552
  • Related: $0
  • Other: $57,644

    • Greene Md Eddie L (Trustee)
  • Compensation: $315,382
  • Related: $0
  • Other: $66,907

    • Brown William A (Asst Treasurer)
  • Compensation: $0
  • Related: $270,854
  • Other: $37,597

    • Haeflinger Ricky J (Former Officer)
  • Compensation: $175,431
  • Related: $0
  • Other: $0

    • Alix Jay (Trustee)
  • Compensation: $0
  • Related: $13,491
  • Other: $0

    • Powell Michael K (Trustee/Chair)
  • Compensation: $0
  • Related: $9,137
  • Other: $0

    • Steer Md Randolph C (Trustee)
  • Compensation: $0
  • Related: $3,881
  • Other: $0

    • Roberts Robin R (Trustee)
  • Compensation: $0
  • Related: $2,529
  • Other: $0

    • Baker Jr Douglas M (Trustee)
  • Compensation: $0
  • Related: $2,360
  • Other: $0

    • Baicker Katherine (Trustee)
  • Compensation: $0
  • Related: $711
  • Other: $0

    • Bilicic George W (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Burns Ursula M (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Davis Richard K (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Di Piazza Jr Samuel A (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gerberding Md Julie L (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Halvorson George C (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mulally Alan R (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peretsman Nancy B (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rothblatt A Martine (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Schmidt Eric E (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sweeney Anne M (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tomm Charles B (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.mayoclinic.org

    Where can I find the form 990 for Mayo Clinic?

    The Mayo Clinic’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.mayoclinic.org

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

    Mission Statement of Mayo Clinic

    Mayo Clinic, a renowned not-for-profit medical group practice, is dedicated to delivering high-quality, affordable, and compassionate patient care through a team of experts. Their mission is to inspire hope and contribute to health and well-being by providing the best care to every patient, driven by integrated clinical practice, education, and research. The organization's standard of care puts the needs of the patients first, offering a thorough and personal approach to healthcare.

    Mayo Clinic's history of collaborative medical expertise is combined with careful attention to individual patient needs, leading to a comprehensive and sustainable medical center dedicated to providing comprehensive diagnosis and treatment in virtually every medical and surgical specialty. Their leadership in patient care, research, and education drives the transformation of healthcare over the next decade, with a focus on digital innovations and new technologies.

    By utilizing common governance, shared systems, and standardized policies and procedures, Mayo Clinic strives to provide consistent, high-quality healthcare services and knowledge delivery within every aspect of care. Their 31-member Board of Trustees, comprised of a majority of public members, Mayo physicians, and administrators, ensures the organization remains true to its mission and culture of providing for the healthcare needs of the public, rather than for private benefit.

    Impact

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




    Thursday, August 15, 2024

    Mayo Clinic's impact is significant in the healthcare industry. It provides high-quality, affordable, and compassionate care to patients from all 50 states and around 130 countries. With a mission to inspire hope and contribute to health and well-being, Mayo Clinic's integrated approach to patient care, education, and research sets it apart as a leader in the field.

    Mayo Clinic's commitment to patient care is evident through its extensive network of hospitals, clinics, and healthcare providers that work collaboratively to provide comprehensive diagnosis and treatment across various medical specialties. The organization's unwavering focus on individual patient needs has earned it recognition as the top-ranked hospital in the nation and in 14 specialties by U.S. News & World Report.

    Furthermore, Mayo Clinic goes beyond just providing care by actively engaging in research and education initiatives. Through its Center for Clinical and Translational Science, Mayo Clinic collaborates with diverse community members to improve overall community health outcomes and eliminate health disparities.

    Mayo Clinic's contributions extend beyond its primary activities, with initiatives like the Mayo Clinic Care Network, which aims to improve healthcare delivery in communities through data-driven and evidence-based medical care. Additionally, the organization's commitment to community giving and involvement underscores its dedication to supporting social determinants of health and enhancing the local community.

    Overall, Mayo Clinic's impact is profound, reaching millions of patients globally, advancing medical knowledge through research, and serving as a beacon of excellence in healthcare delivery, education, and community engagement.





    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: $592,500,111
  • Program Service Revenue: $4,050,774,292
  • Gross Receipts: $14,473,593,274

    • Assets and Liabilities:
  • Total Assets: $22,107,639,425
  • Total Liabilities: $9,578,170,747
  • Net Assets: $12,529,468,678
  • Programs

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

    NET PATIENT CARE

    Revenue

    $3,997,628,214

    EDUCATION

    Revenue

    $45,139,476

    RESEARCH

    Revenue

    $8,006,602

    Organization Details

    Founding Year

    1919

    Principal Officer

    Gianrico Farrugia Md

    Main Address

    200 FIRST STREET SW TAX, ROCHESTER, MN, 55905

    NTEE Category

    Code: B42 - Education

    If you are a representative of Mayo Clinic 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.