Welia Health
TO SUPPORT AND IMPROVE THE HEALTH OF THE COMMUNITIES WE SERVE.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$201.1M
+4.3% YoY
Annual Giving
—
Grant Count
0
Avg Grant Size
—
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Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $201,142,699 | $192,789,719 | $183,068,147 |
| Revenue | $138,230,370 | $125,214,425 | $122,712,130 |
| Expenses | $128,056,113 | $118,157,195 | $110,088,086 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $6,956,111 | $2,401,735 | $631,362 |
| 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 0 recipients in 2024
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Welia Health fund?
Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.
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- 11M+ connections in GrantGraph™
Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RANDY ULSETH | CEO | 40 | $692,871 |
| THOMAS MULLIN | SPORTS MEDICINE PHYSICIAN | 40 | $637,222 |
| ALBERT YOUN | GENERAL SURGEON | 40 | $595,917 |
| HUY NGUYEN | GENERAL SURGEON | 40 | $503,398 |
| MATTHEW SCHULTZ | PHYSICIAN | 40 | $427,398 |
| JACK SCHWINGHAMER | DIRECTOR & PHYSICIAN | 40 | $386,770 |
| BRIAN GELLER | HEMATOLOGY/ONCOLOGY PHYSICIAN | 40 | $366,598 |
| JOSHUA ASP | CFO | 40 | $328,106 |
| RYAN KROSCHEL | DIRECTOR & PHYSICIAN | 40 | $319,158 |
| KIM SMITH | CHAIR | 2 | $5,688 |
| TERESA TERI HEGGERNES | VICE CHAIR | 1 | $500 |
| CARL PEDERSON | DIRECTOR | 1 | $500 |
| BECCI STEFFEN | SECRETARY/TREASURER | 1 | — |
| BETH BRANDT | DIRECTOR | 1 | — |
| WENDY CASWELL | DIRECTOR | 1 | — |
| STEVE SCHWARZBAUER | DIRECTOR | 1 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Minnesota $89.6M (100%)
States
Cities
Mora
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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