Ridgeview Medical Center exists to enhance the lifelong health of people it serves with a culture that nurtures the whole person: mind, body, and spirit.
Key facts about Ridgeview Medical Center
In short: Ridgeview Medical Center gave $41K across 1 grant in 2024 (avg $41K), mostly in Minnesota. Source: 2024 IRS Form 990 filing.
- EIN
- 31-1667875
- Latest 990 filing
- Form 990 filing, 2024
- Annual giving (2024)
- $41,101
- Grants made (2024)
- 1
- Average grant
- $41,101
- Median grant
- $41,101
- Total assets
- $402,094,568
- Primary geography
- Minnesota (100% of itemized 2024 grant dollars)
Data from IRS Form 990 filing, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990 filing · View filing
Total Assets
$402.1M
-1.8% YoY
Annual Giving
$41K
-16.3% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$41K
-16.3% YoY
How Ridgeview Medical Center gives
- Giving fell 98% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
About Ridgeview Medical Center
Based on IRS filings
Ridgeview Medical Center is a nonprofit organization focused on Health, based in Waconia, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $402.1M in total assets. In 2024, it awarded 1 grant totaling $41K. Net investment income was $10.2M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2024, annual grant giving ranged from $41K (2024) to $2.0M (2021). In 2024 it made 1 grant totaling $41K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Ridgeview Foundation ($41K).
Grant Size Distribution
4 grants across all recorded years
The most common grant size was under $50K: 2 grants of 4 (50%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Ridgeview Foundation Waconia, MN | Capital Contributions | $41,101 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $402,094,568 | $409,522,555 | $359,852,774 |
| Revenue | $407,074,551 | $333,321,300 | $311,550,347 |
| Expenses | $403,331,858 | $338,727,972 | $313,148,663 |
| Net Investment Income | $10,243,680 | $3,465,215 | $2,288,748 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Ridgeview Medical Center is led by Michael Phelps, President & CEO on every filing since 2020; all 26 officers listed in 2024 are compensated.
Officers on the 2024 filing
Michael Phelps
President & CEO
On filings since 2020
41 hrs/week
$561K (2020) → $1.1M (2024)
Christopher Steffen
Executive Director
On filings since 2020
50 hrs/week
$206K (2020) → $326K (2024)
Theresa Dalen
Board Chair
Board Member & Chair → Board Chair, 2021
On filings since 2020
2 hrs/week
$6K (2020) → $6K (2024)
Aaron Bloomquist
CFO
On filings since 2020
30.5 hrs/week
$68K (2020) → $824K (2024)
Benjamin Nielsen
COO
On filings since 2020
44 hrs/week
$320K (2020) → $360K (2024)
Brian Mark
Board Vice Chair
Board Member & Vice Chair → Board Vice Chair, 2021
On filings since 2020
2 hrs/week
$5K (2020) → $5K (2024)
Elaine Arion
Vice President & Cno
On filings since 2020
50 hrs/week
$248K (2020) → $328K (2024)
Gordon Gablenz
CIO
CIO & Treasurer → CIO, 2021
On filings since 2020
30.5 hrs/week
$765K (2020) → $86K (2024)
Gregory Erickson
Crna
On filings since 2020
50 hrs/week
$187K (2020) → $301K (2024)
Heather Reighard
Board Member
On filings since 2020
2 hrs/week
$4K (2020) → $5K (2024)
Julie Osterberg
Board Member
Board Member → Secretary, 2021
Secretary → Board Member, 2024
On filings since 2020
2 hrs/week
$5K (2020) → $5K (2024)
Mike Schuler
Board Member
On filings since 2020
2 hrs/week
$4K (2020) → $5K (2024)
Paul Ham
Vice President of Support Services
Vice President → Vice President of Support Services, 2021
On filings since 2020
50 hrs/week
$220K (2020) → $281K (2024)
Sarah Urtel
Vice President of System Support
Vice President → Vice President of System Support, 2021
On filings since 2020
50 hrs/week
$220K (2020) → $289K (2024)
Van Colson
Treasurer
Board Member & Treasurer → Treasuer, 2021
Treasuer → Treasurer, 2022
On filings since 2020
2 hrs/week
$5K (2020) → $5K (2024)
Dave Kirsch
Secretary
Board Member → Secretary, 2024
On filings since 2021
2 hrs/week
$5K (2021) → $5K (2024)
Jennifer Charbonnet
Crna
On filings since 2021
50 hrs/week
$226K (2021) → $280K (2024)
Kate Roehl
Board Member
On filings since 2021
2 hrs/week
$5K (2021) → $5K (2024)
Matt Herold
Vice President of Medical Affairs
On filings since 2021
50 hrs/week
$165K (2021) → $290K (2024)
Stacey Lee
Vice President
On filings since 2021
50 hrs/week
$25K (2021) → $447K (2024)
Tyler Johnson
Advanced Practice Provider
On filings since 2021
50 hrs/week
$240K (2021) → $293K (2024)
Andrew Kester
CIO
On filings since 2022
50 hrs/week
$258K (2022) → $296K (2024)
Jeff Nelson
Board Member
On filings since 2022
2 hrs/week
$5K (2022) → $5K (2024)
Stuart Groninga
Board Member
On filings since 2022
2 hrs/week
$5K (2022) → $5K (2024)
Lisa Schwartz
Chro
On filings since 2023
50 hrs/week
$280K (2023) → $334K (2024)
Terry Larimer
Advanced Practice Provider
New on the 2024 filing
50 hrs/week
$293K (2024)
Former officers (11)
- Former: Jennie Torola (2022–2023) — Crna
- Former: Gregory Marchetti (2020–2022) — Crna
- Former: Ken Gilles (2020–2022) — CIO
- Former: Sarah Hastings (2020–2022) — Executive Director
- Former: Wayne Hubin (2020–2022) — Board Member
- Former: Pamela Williams (2020–2021) — Vice President
- Former: Chris Steffen (2021) — Executive Director
- Former: David Kirsch (2020) — Board Member
- Former: Douglas Stasek (2020) — Executive Director
- Former: Katherine Roehl (2020) — Secretary
- Former: Matthew Herold (2020) — Vice President Medical Affairs
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 Michael Phelps (President/CEO). 26 officers or directors reported compensation on that filing.
Frequently asked questions about Ridgeview Medical Center
How much does Ridgeview Medical Center give each year?
Ridgeview Medical Center gave $41K across 1 grant in 2024, according to its 2024 IRS Form 990 filing. In 2023 it gave $49K across 1 grant.
How large is Ridgeview Medical Center?
Ridgeview Medical Center reported $402.1M in total assets on its 2024 IRS Form 990 filing. Its revenue that year was $407.1M.
What is Ridgeview Medical Center?
Ridgeview Medical Center is a nonprofit organization focused on Health, based in Waconia, MN. It holds $402.1M in total assets as of 2024.
Where does Ridgeview Medical Center operate?
Ridgeview Medical Center has awarded grants in Minnesota.
What is Ridgeview Medical Center's EIN?
Ridgeview Medical Center's EIN (Employer Identification Number) is 31-1667875. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Ridgeview Medical Center by hand.
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