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Filing year 2024

MEDICA FOUNDATION

Minnetonka, Minnesota·EIN 41-1812461·NTEE E700 · Health Care·501(c)(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 · Part VII & Schedule J · 5 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Health Care organizations in Minnesota.

President, Ceo, & Treas Thru 1/2024
75th to 90th percentile
$201k
$215k
Svp, Cfo, & Treasurer
Median to 75th percentile
$116k
$124k
SVP & Chief Legal Officer, Secretary
Senior Vice President
10th to 25th percentilevs Health Care peers nationwide
$73k
$78k
Sr. Vp, Finance Thru 6/2024
Vice President
25th percentile to median
$35k
$38k
Former SVP Sec & Gen Counsel
Senior Vice President
Below 10th percentilevs Health Care peers nationwide
$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

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at MEDICA FOUNDATION equaled 6% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2024)
6%
Sector median
4%
Middle half of sector
1% to 13%

Based on 13,830 health care organizations, each measured at its most recent filing year with reported expenses and compensation.

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.

Pay for the position

Chief Executive Officer pay rose 415% from 2023 to 2024, while revenue rose 27%.

$39k in 2023 to $201k in 2024.
  • Chief Financial Officer pay rose 134% from 2023 to 2024.
  • Senior Vice President pay rose 62% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about MEDICA FOUNDATION

What does the Chief Executive Officer of MEDICA FOUNDATION earn?

In 2024, the Chief Executive Officer of MEDICA FOUNDATION received $201,202 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Health Care organizations in Minnesota, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at MEDICA FOUNDATION compare with similar nonprofits?

Compared with the same role at Health Care organizations in Minnesota, the 2024 pay of the Chief Executive Officer at MEDICA FOUNDATION falls between the 75th and 90th percentiles. In 2024, the highest total compensation at MEDICA FOUNDATION equaled 6% of the organization's total expenses. The median for health care organizations is 4%.

What are MEDICA FOUNDATION's revenue and expenses?

In 2024, MEDICA FOUNDATION reported $7.6M in total revenue and $3.5M in total expenses on its IRS Form 990.

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