Olmsted Medical Center
Partnering for better health and better lives.
Olmsted Medical Center at a glance
In short: Olmsted Medical Center gave $232K across 1 grant in 2024 (avg $232K), mostly in Minnesota. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $232,256
- -10.1% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $232,256
- -10.1% vs 2023
- Median grant
- $232,256
- Total assets
- $311,451,969
- +5.3% vs 2023
- Primary geography
- Minnesota (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Olmsted Medical Center funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was OMC Regional Foundation ($232K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $100–250K range: 4 grants of 5 (80%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How Olmsted Medical Center gives
- Giving grew 52% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $153K (2021) to $258K (2023). In 2024 it made 1 grant totaling $232K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| OMC Regional Foundation Rochester, MN | Provide funding to omc regional foundation for healthcare education and community purposes. | $232,256 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $311,451,969 | $304,844,558 | $298,549,388 | $232,256 | 1 | $4,557,215 |
| 2023 | $295,849,044 | $278,954,376 | $273,475,611 | $258,481 | 1 | $4,002,188 |
| 2022 | $277,318,598 | $258,723,356 | $254,800,158 | $183,694 | 1 | $2,323,986 |
| 2021 | $279,074,617 | $259,538,018 | $243,985,725 | $152,657 | 1 | $1,452,649 |
| 2020 | $258,138,941 | $229,537,426 | $228,525,137 | $230,954 | 1 | $989,795 |
About Olmsted Medical Center
Based on IRS filings
Olmsted Medical Center is a public charity 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
Leadership & Key People
Officers and directors from IRS filings
Olmsted Medical Center is led by Tim Weir Fache, Chief Executive Officer since 2022 (on filings since 2021); 12 of 20 officers listed in 2024 are compensated.
Officers on the 2024 filing
Tim Weir Fache
Chief Executive Officer
CEO → Chief Executive Officer, 2022
On filings since 2021
40 hrs/week
$822K (2021) → $966K (2024)
James Hoffmann DO
President
On filings since 2020
32 hrs/week
$542K (2020) → $662K (2024)
Mike Malugani
Public Trustee-Chair
Public Trustee → Public Trustee-Chair Elect, 2022
Public Trustee-Chair Elect → Public Trustee-Chair, 2023
On filings since 2021
1 hr/week
No compensation reported
Carole Nistler MD
Public Trustee
Clinic Trustee → Public Trustee, 2023
On filings since 2020
1 hr/week
$293K (2020) → $0 (2024)
Tamara Alexandrov MD
Clinic Trustee
On filings since 2020
37.2 hrs/week
$411K (2020) → $489K (2024)
Maral Kendarian MD
Clinic Trustee
On filings since 2021
34 hrs/week
$304K (2021) → $459K (2024)
Keith Kleis MD
Clinic Trustee
On filings since 2022
40 hrs/week
$355K (2022) → $443K (2024)
Cassie Harrington
Public Trustee
Public Trustee → Public Trustee-Chair, 2022
Public Trustee-Chair → Public Trustee, 2023
On filings since 2020
1 hr/week
No compensation reported
Don Supalla
Public Trustee
On filings since 2022
1 hr/week
No compensation reported
Corenia Walz
Public Trustee
On filings since 2023
1 hr/week
No compensation reported
Justin McNeilus
Public Trustee
New on the 2024 filing
1 hr/week
No compensation reported
Pam Bishop
Public Trustee
New on the 2024 filing
1 hr/week
No compensation reported
Kevin Higgins
Chief Financial Officer
CFO, Treasurer & Secretary → CFO, 2021
CFO → Chief Financial Officer, 2022
On filings since 2020
40 hrs/week
$453K (2020) → $593K (2024)
Mark Herr MD
Physician
On filings since 2020
40 hrs/week
$1.1M (2020) → $1M (2024)
Matthew Kirsch MD
Physician
On filings since 2020
36 hrs/week
$1.1M (2020) → $1.1M (2024)
Samer Abdel-Aziz MD
Physician
On filings since 2020
40 hrs/week
$752K (2020) → $990K (2024)
Vidhan Chandra MD
Physician
On filings since 2020
36 hrs/week
$987K (2020) → $1.1M (2024)
Jacob Juta MD
Physician
On filings since 2022
40 hrs/week
$886K (2022) → $1M (2024)
Mark Wilbur Md Chief
Cheif Medical Officer
Medical Officer → Cheif Medical Officer, 2024
On filings since 2023
40 hrs/week
$385K (2023) → $441K (2024)
Michael Tuohy
Public Trustee-Vice Chair
Public Trustee → Public Trustee-Chair Elect, 2023
Public Trustee-Chair Elect → Public Trustee-Vice Chair, 2024
On filings since 2022
1 hr/week
No compensation reported
Former officers (15)
- Former: Srdan Babovic MD (2020–2023) — Physician
- Former: Wendy Shannon (2021–2023) — Public Trustee
- Former: Randy Hemann Md Chief (2023) — Medical Officer
- Former: Andrea Chapman (2020–2022) — Public Trustee
- Former: Jay Hesley (2020–2022) — Public Trustee
- Former: Randy Hemann MD (2020–2022) — Chief Medical Officer
- Former: Carole Nistler Md Clinic (2022) — Trustee Then Public Trustee
- Former: Dan Christianson (2020–2021) — Public Trustee-Chair
- Former: Jack Priggen (2020–2021) — Public Trustee
- Former: Steve Borchardt (2020–2021) — Public Trustee
- Former: David Lowe MD (2021) — Physician
- Former: Hal Henderson (2020) — Public Trustee
- Former: Ken Brown (2020) — Public Trustee
- Former: Mark Wilbur MD (2020) — Clinic Trustee
- Former: Tim Weir (2020) — CEO
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $1.1M, to Vidhan Chandra MD (Physician). 12 officers or directors reported compensation on that filing.
Frequently asked questions about Olmsted Medical Center
How much does Olmsted Medical Center give each year?
Olmsted Medical Center gave $232K across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $258K across 1 grant.
How large is Olmsted Medical Center?
Olmsted Medical Center reported $311.5M in total assets on its 2024 IRS Form 990. Its revenue that year was $304.8M.
What is Olmsted Medical Center?
Olmsted Medical Center is a public charity focused on Health, based in Rochester, MN. It holds $311.5M in total assets as of 2024.
Where does Olmsted Medical Center operate?
Olmsted Medical Center has awarded grants in Minnesota.
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.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS October 19, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS October 6, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS October 19, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS September 30, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS October 2, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Olmsted Medical Center funds
Health Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Olmsted Medical Center's focus areas in our free grants database
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Olmsted Medical Center down — hundreds of funders to go?