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Ridgeview Medical Center

Grantmaker Waconia, MN EIN: 31-1667875 Website

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

1state

Share of the 2024 grant dollars on its one itemized grant.

States

Cities

Waconia

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M$2M0 grants2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024

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

Ridgeview Foundation: $41KRidgeview Foundation$41K

The largest 2024 recipient was Ridgeview Foundation ($41K).

Grant Size Distribution

4 grants across all recorded years

2<$50K$50–100K$100–250K$250–500K1$500K–1M1$1–5M$5M+

The most common grant size was under $50K: 2 grants of 4 (50%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Ridgeview Foundation Waconia, MNCapital Contributions$41,101

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$200M$400M$600M2020 2021 2022 2023 2024
Metric202420232022
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

  1. 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

Michael Phelps — President/CEO: $1.1MMichael PhelpsPresident/CEO$1.1MAaron Bloomquist — CFO: $824KAaron BloomquistCFO$824KStacey Lee — Vice President: $447KStacey LeeVice President$447KBenjamin Nielsen — COO: $360KBenjamin NielsenCOO$360KLisa Schwartz — Chro: $334KLisa SchwartzChro$334KElaine Arion — Vice President & CNO: $328KElaine ArionVice President & CNO$328KChristopher Steffen — Executive Director: $326KChristopher SteffenExecutive Director$326KGregory Erickson — CRNA: $301KGregory EricksonCRNA$301KAndrew Kester — CIO: $296KAndrew KesterCIO$296KTerry Larimer — Advanced Practice Provider: $293KTerry LarimerAdvanced Practice Provider$293KTyler Johnson — Advanced Practice Provider: $293KTyler JohnsonAdvanced Practice Provider$293KDr Matt Herold — VP of Medical Affairs: $290KDr Matt HeroldVP of Medical Affairs$290KSarah Urtel — VP of System Support: $289KSarah UrtelVP of System Support$289KPaul Ham — VP of Support Services: $281KPaul HamVP of Support Services$281KJennifer Charbonnet — CRNA: $280KJennifer CharbonnetCRNA$280KGordon Gablenz — CIO (Left Jan 2024): $86KGordon GablenzCIO (Left Jan 2024)$86KTheresa Dalen — Board Chair: $6KTheresa DalenBoard Chair$6KBrian Mark — Board Vice Chair: $5KBrian MarkBoard Vice Chair$5KVan Colson — Treasurer: $5KVan ColsonTreasurer$5KDave Kirsch — Secretary: $5KDave KirschSecretary$5KJulie Osterberg — Board Member: $5KJulie OsterbergBoard Member$5KJeff Nelson — Board Member: $5KJeff NelsonBoard Member$5KStuart Groninga — Board Member: $5KStuart GroningaBoard Member$5KHeather Reighard — Board Member: $5KHeather ReighardBoard Member$5KKate Roehl — Board Member: $5KKate RoehlBoard Member$5KMike Schuler — Board Member: $5KMike SchulerBoard Member$5K

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.

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