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Filing year 2024

MEDICA FOUNDATION

Minnetonka, Minnesota·EIN 41-1812461·NTEE E700 · Health Care·3
Total revenue
$7.6M
Total assets
$76.2M
Total expenses
$3.5M
Reported officers
13
Mission

THE FOUNDATION GENERALLY SEEKS TO IMPROVE THE HEALTH OF THOSE IN NEED BY INVESTING IN COMMUNITY-LED INITIATIVES THAT ADVANCE HEALTH EQUITY.

Executive compensation

Form 990 · Schedule J · 5 reported individuals · Filing year 2024

President, Ceo, & Treas Thru 1/2024
$201k
$215k
Svp, Cfo, & Treasurer
$116k
$124k
SVP & Chief Legal Officer, Secretary
senior vice president
$73k
$78k
Sr. Vp, Finance Thru 6/2024
vice president
$35k
$38k
Former SVP Sec & Gen Counsel
senior vice president
$2k
$2k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 8 unpaid individuals.

Browse compensation in Health Care

Top compensation, year by year

From $50k in 2023 to $201k in 2024.

$50k
2023
$201k
2024
In today's dollarsEst.
Up 297% in real terms$54k to $215k

Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

MEDICA FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$6M
$2.8M
2023
$7.6M
$3.5M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Health Care executives earn in Minnesota

Comparable health care organizations in Minnesota pay their highest-earning executive a median of $98,834.

25th percentile
$35k
Median
$98,834
75th percentile
$242k
90th percentile
$667k

These are health care sector-wide figures, not this organization's reported pay. Based on 102 organizations across 102 filings (2021 – 2023).

See full Health Care pay data for Minnesota
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