PARTNERING FOR BETTER HEALTH AND BETTER LIVES.
Key facts about Olmsted Medical Center
- EIN
- 41-0855367
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $232,256
- Grants made (2024)
- 1
- Average grant
- $232,256
- Median grant
- $232,256
- Total assets
- $311,451,969
- Primary geography
- Minnesota (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
How Olmsted Medical Center gives
- Giving grew 52% from 2021 to 2024. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Olmsted Medical Center
- How to evaluate Olmsted Medical Center as a funder
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$311.5M
+5.3% YoY
Annual Giving
$232K
-10.1% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$232K
-10.1% YoY
About Olmsted Medical Center
Based on IRS filings
Olmsted Medical Center is a nonprofit organization focused on Health, based in Rochester, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $311.5M in total assets. In 2024, it awarded 1 grant totaling $232K. Net investment income was $4.6M.
Focus Areas
Ready to take the next step with Olmsted Medical Center?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 1 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $311,451,969 | $295,849,044 | $277,318,598 |
| Revenue | $304,844,558 | $278,954,376 | $258,723,356 |
| Expenses | $298,549,388 | $273,475,611 | $254,800,158 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $4,557,215 | $4,002,188 | $2,323,986 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Omc Regional Foundation ($232,256).
| Recipient | Purpose | Amount |
|---|---|---|
| OMC REGIONAL FOUNDATION Rochester, MN | PROVIDE FUNDING TO OMC REGIONAL FOUNDATION FOR HEALTHCARE EDUCATION AND COMMUNITY PURPOSES. | $232,256 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Matthew Kirsch MD | Physician | 36 | $1,105,153 |
| Vidhan Chandra MD | Physician | 36 | $1,116,000 |
| Mark Herr MD | Physician | 40 | $1,029,514 |
| Jacob Juta MD | Physician | 40 | $1,011,604 |
| Samer Abdel-Aziz MD | Physician | 40 | $989,659 |
| Tim Weir Fache | Chief Executive Officer | 40 | $965,511 |
| James Hoffmann Do | President | 32 | $661,811 |
| Kevin Higgins | Chief Financial Officer | 40 | $593,312 |
| Tamara Alexandrov MD | Clinic Trustee | 37.2 | $488,548 |
| Keith Kleis MD | Clinic Trustee | 40 | $443,183 |
| Maral Kendarian MD | Clinic Trustee | 34 | $459,067 |
| Mark Wilbur MD Chief | Cheif Medical Officer | 40 | $440,559 |
| Mike Malugani | Public Trustee-Chair | 1 | — |
| Michael Tuohy | Public Trustee-Vice Chair | 1 | — |
| Pam Bishop | Public Trustee | 1 | — |
| Cassie Harrington | Public Trustee | 1 | — |
| Justin McNeilus | Public Trustee | 1 | — |
| Carole Nistler MD | Public Trustee | 1 | — |
| Don Supalla | Public Trustee | 1 | — |
| Corenia Walz | Public Trustee | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Olmsted Medical Center?
Olmsted Medical Center is a nonprofit organization focused on Health, based in Rochester, MN. It holds $311.5M in total assets as of 2024.
How large is Olmsted Medical Center?
As of 2024, Olmsted Medical Center holds $311.5M in total assets with $304.8M in annual revenue. It awarded 1 grant totaling $232K in 2024.
Where does Olmsted Medical Center operate?
Olmsted Medical Center has awarded grants in Minnesota.
What size grants does Olmsted Medical Center award?
In 2024, Olmsted Medical Center awarded 1 grant totaling $232K — an average of about $232K per grant, based on its IRS Form 990 filings.
What is Olmsted Medical Center's EIN?
Olmsted Medical Center's EIN (Employer Identification Number) is 41-0855367. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.