NonprofitsOmc Regional Foundation

Health Care

Omc Regional Foundation

ROCHESTER, MN

Total revenue

$706K

Total expenses

$278K

Net assets

$6.5M

Grants received

$1.4M

11 grants

EIN

260022777

Tax year

2024

Mission

To advocate for and support olmsted medical center and assist its healthcare services.

Programs

2 programs

Carl and ihla petersen trust patient assistance program: omc regional foundation has designated proceeds from the carl and ihla petersen trust to assist with olmsted medical center patients and families who reside in olmsted county, that do not have sufficient insurance coverage nor financial means but are not eligible for medical assistance, to pay at least a portion of their medical bills.

Expenses: $4KGrants: $4K

Medical education for the community: to provide educational opportunities to olmsted medical center clinicians and to the community via the noel r peterson lecture series, burich electronic library, and continuing medical education lectures.

Expenses: $23K

Financials

FY 2024

Revenue

Contributions & grants$439K
Program service revenue
Investment income$156K
Other revenue$112K
Total revenue$706K

Expenses

Grants paid$23K
Salaries & benefits
Fundraising
Other expenses$255K
Total expenses$278K
Total assets$6.5M
Net assets$6.5M

People

13 listed

NameRoleCompensation

TIM WEIR FACHE

DIRECTOR & OMC CEO

Board

1 hrs/wk

JAMES HOFFMANN DO

DIRECTOR & OMC PRESIDENT

Board

1 hrs/wk

LILIA PONTON MD

SECRETARY & OMC PHYSICIAN

Board

1 hrs/wk

TYLER COLEMAN

PRESIDENT

Board

1 hrs/wk

DENISE KELLY

VICE PRESIDENT

Board

1 hrs/wk

PAUL TIESKOTTER

TREASURER

Board

1 hrs/wk

DAVID OETH

DIRECTOR/TREASURER NOV 24

Board

1 hrs/wk

DHARANI RAMAMOORTHY

DIRECTOR

Board

1 hrs/wk

MITCH STEVENSON

DIRECTOR

Board

1 hrs/wk

DON SUPALLA

DIRECTOR

Board

1 hrs/wk

KEVIN HIGGINS

OMC CFO

Board

1 hrs/wk

STACEY VANDEN HEUVEL

VP MARKETING & PHILANTHROPY

Board

24 hrs/wk

MIKE MALUGANI

OFFICER

Board

1 hrs/wk

Grants received

Showing 11 of 11

FromAmountPurposeYear
$232K
PROVIDE FUNDING TO OMC REGIONAL FOUNDATION FOR HEALTHCARE EDUCATION AND COMMUNITY PURPOSES.
2024
$7K
HEALTH AND HUMAN SERVICES
2024
$7K
HEALTH AND HUMAN SERVICES
2024
$258K
PROVIDE FUNDING TO OMC REGIONAL FOUNDATION FOR HEALTHCARE EDUCATION AND COMMUNITY PURPOSES.
2023
$184K
PROVIDE FUNDING TO OMC REGIONAL FOUNDATION FOR HEALTHCARE EDUCATION AND COMMUNITY PURPOSES.
2022
$153K
PROVIDE FUNDING TO OMC REGIONAL FOUNDATION FOR HEALTHCARE EDUCATION AND COMMUNITY PURPOSES.
2021
$231K
PROVIDE FUNDING TO OMC REGIONAL FOUNDATION FOR HEALTHCARE EDUCATION AND COMMUNITY PURPOSES.
2020
$27K
GENERAL OPERATING EXPENSES
2020
$7K
For grant recipient's exempt purposes
2020
$251K
PROVIDE FUNDING TO OMC REGIONAL FOUNDATION FOR HEALTHCARE EDUCATION AND COMMUNITY PURPOSES.
2018
$500
SUPPORT COMMUNITY HEALTHCARE FOUNDATION
2018

Funded by

$1.4M from 4 funders · 11 grants · 2018–2024

Olmsted Medical Center

$1.3M · 6 grants · 2018–2024

Rochester Area Foundation

$40K · 3 grants · 2020–2024

Felhaber Larson Fenlon & Vogt

$500 · 1 grant · 2018

Details

EIN260022777
NTEE codeE12
Subsection03
Ruling date2002-08
Formed2002
Employees0
Volunteers63
OMC REGIONAL FOUNDATION — Mission, Financials & Grants Received | Grantivo