NonprofitsOlmsted Medical Center

Health Care

Olmsted Medical Center

ROCHESTER, MN

Total revenue

$304.8M

Total expenses

$298.5M

Net assets

$249.2M

Grants received

$1.2M

21 grants

EIN

410855367

Tax year

2024

Mission

Partnering for better health and better lives.

Programs

1 program

Omc welcomes its many opportunities to be an active, contributing partner to southeastern minnesota's health and wellness efforts. As a 501(c)(3) non-profit organization, omc actively supports southeastern minnesota's health and wellness efforts through the contribution of staff time/talent, in-kind resources, and financial assistance. In 2024, our community contributions made up 30.80% of our annual operating expense - more than $91,775 in support of our commitment to be an active, contributing partner in the communities we serve. Another way omc actively supports community health is through its partnership with mayo clinic, olmsted county public health, and several other community-service organizations as together we implemented (continued on schedule o)the year-three action plan based on our collaborative community health needs assessment (chna). Over the past year, we continued to make it easier for community members to donate their time and talent to omc. In addition to adding an online volunteer application form to our website, we expanded our volunteers in patient care opportunities like canine companions and escort/greeter roles to help patients navigate our expanding hospital campus.

Expenses: $177K

Financials

FY 2024

Revenue

Contributions & grants$24K
Program service revenue$299.2M
Investment income$4.6M
Other revenue$1.0M
Total revenue$304.8M

Expenses

Grants paid$233K
Salaries & benefits$178.5M
Fundraising$644K
Other expenses$119.8M
Total expenses$298.5M
Total assets$311.5M
Net assets$249.2M

People

20 listed

NameRoleCompensation

TIM WEIR FACHE

CHIEF EXECUTIVE OFFICER

Board

$966K

40 hrs/wk

JAMES HOFFMANN DO

PRESIDENT

Board

$662K

32 hrs/wk

KEVIN HIGGINS

CHIEF FINANCIAL OFFICER

Board

$593K

40 hrs/wk

TAMARA ALEXANDROV MD

CLINIC TRUSTEE

Board

$489K

37.2 hrs/wk

MARAL KENDARIAN MD

CLINIC TRUSTEE

Board

$459K

34 hrs/wk

KEITH KLEIS MD

CLINIC TRUSTEE

Board

$443K

40 hrs/wk

MARK WILBUR MD CHIEF

CHEIF MEDICAL OFFICER

Board

$441K

40 hrs/wk

MIKE MALUGANI

PUBLIC TRUSTEE-CHAIR

Board

1 hrs/wk

MICHAEL TUOHY

PUBLIC TRUSTEE-VICE CHAIR

Board

1 hrs/wk

PAM BISHOP

PUBLIC TRUSTEE

Board

1 hrs/wk

CASSIE HARRINGTON

PUBLIC TRUSTEE

Board

1 hrs/wk

JUSTIN MCNEILUS

PUBLIC TRUSTEE

Board

1 hrs/wk

CAROLE NISTLER MD

PUBLIC TRUSTEE

Board

1 hrs/wk

DON SUPALLA

PUBLIC TRUSTEE

Board

1 hrs/wk

CORENIA WALZ

PUBLIC TRUSTEE

Board

1 hrs/wk

VIDHAN CHANDRA MD

PHYSICIAN

Staff

$1.1M

36 hrs/wk

MATTHEW KIRSCH MD

PHYSICIAN

Staff

$1.1M

36 hrs/wk

MARK HERR MD

PHYSICIAN

Staff

$1.0M

40 hrs/wk

JACOB JUTA MD

PHYSICIAN

Staff

$1.0M

40 hrs/wk

SAMER ABDEL-AZIZ MD

PHYSICIAN

Staff

$990K

40 hrs/wk

Independent contractors

WEIS BUILDERS INC

CONSTRUCTION

$2.7M

EPIC SYSTEMS CORPORATION

IT SERVICES

$2.6M

MAYO COLLABORATIVE SERVICES LLC

LABORTARY SERVICES

$1.9M

EPIC HOSTING LLC

PATIENT RECORDS SYSTEM

$1.9M

WEATHERBY LOCUMS INC

STAFFING

$1.5M

Grants received

Showing 21 of 21

FromAmountPurposeYear
$27K
HEALTH AND HUMAN SERVICES
2024
$27K
HEALTH AND HUMAN SERVICES
2024
$23K
GENERAL OPERATING SUPPORT
2024
$110K
GENERAL OPERATING SUPPORT
2023
$32K
HEALTH AND HUMAN SERVICES
2023
$10K
LEARNING COLLABORATIVE GRANT
2023
$267
TO FURTHER THE EXEMPT ACTIVITIES OF THE CHARITY.
2023
$69K
DONATIONS TO OMC
2022
$50K
PUBLIC HEALTH EMERGENCY UNWINDING EFFORTS. WE HAVE IDENTIFIED ACTIVITIES WE COULD IMPLEMENT WITHIN OUR ORGANIZATION TO HELP THE TRANSITION FROM THE PUBLIC HEALTH EMERGENCY FOR THIS PATIENT POPULATION.
2022
$41K
PROGRAM SUPPORT
2022
$142K
PETERSON TRUST FUNDS APPLIED AND DONATIONS TO OMC
2021
$300K
SUPPORT TO ASSIST IN BETTER SERVING PATIENTS OF MINORITY RACE AND ETHNICITIES WHO HAVE CHRONIC CONDITIONS.
2020
$151K
PETERSON TRUST FUNDS APPLIED AND DONATIONS TO OMC
2020
$25K
EMERGENCY RELIEF
2020
$20K
SUPPORT CHARITABLE PROGRAMS
2020
$19K
MAYO NEONATOLOGY PARTNERSHIP PROGRAM FOR 2 YEARS OF STARTUP
2020
$17K
SPECIAL PATHOGEN PREPAREDNESS AND RESPONSE
2020
$103K
PLEDGE PAYMENT IN SUPPORT OF BUILDING NEW WOMEN'S HEALTH PAVILLION
2019
$30K
PLEDGE PAYMENT IN SUPPORT OF BUILDING NEW WOMEN'S HEALTH PAVILLION
2018
$5K
A.I. G2 LEARNING COLLABORATIVE EDUCATIONAL GRANT PART 2
2018

Funded by

$1.2M from 10 funders · 21 grants · 2018–2024

Omc Regional Foundation

$629K · 7 grants · 2018–2024

Ucare Minnesota

$350K · 2 grants · 2020–2022

Rochester Area Foundation

$128K · 4 grants · 2022–2024

Otto Bremer Trust

$25K · 1 grant · 2020

Mayo Clinic

$20K · 1 grant · 2020

Slaggie Family Foundation

$19K · 1 grant · 2020

Minnesota Hospital Association

$17K · 1 grant · 2020

Amga Foundation Inc

$15K · 2 grants · 2018–2023

Details

EIN410855367
NTEE codeE220
Subsection03
Ruling date1993-07
Formed1949
Employees1698
Volunteers63
OLMSTED MEDICAL CENTER — Mission, Financials & Grants Received | Grantivo