PARTNERING FOR BETTER HEALTH AND BETTER LIVES.
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 grants 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
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 | — | — | — |
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
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 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
Related Funders
Similar funders by location and focus area
Spicola Family Foundation
MINNETONKA, MN
Assets
—
Grants
3
Total Given
$410K
The Geyer Family Foundation
EDINA, MN
Assets
—
Grants
7
Total Given
$35K
Love 4 One Another Charities
CHANHASSEN, MN
Assets
$8.5M
Grants
1
Total Given
$90K
Donald and Luella Zibell Family Foundation
NORTHFIELD, MN
Assets
—
Grants
8
Total Given
$80K
Minnesota Citizens Concerned
MINNEAPOLIS, MN
Assets
$745K
Grants
2
Total Given
$942K
Clearway Minnesota (sm)
MINNEAPOLIS, MN
Assets
—
Grants
6
Total Given
$442K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Olmsted Medical Center on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities