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Filing year 2024

MINNEAPOLIS HEART INSTITUTE FOUNDATION

Minneapolis, Minnesota·EIN 41-1426406·NTEE H43Z · Medical Research·3
Total revenue
$23.6M
Total assets
$74.5M
Total expenses
$19.5M
Reported officers
44
Mission

THE MISSION OF THE MINNEAPOLIS HEART INSTITUTE FOUNDATION IS TO IMPROVE THE CARDIOVASCULAR HEALTH OF INDIVIDUALS AND COMMUNITIES THROUGH INNOVATIVE RESEARCH AND EDUCATION.

Executive compensation, broken down

Form 990 · Schedule J · 10 reported individuals · Filing year 2024

Chief Executive Officer
$624k
$666k
Base
$394k
Bonus
$66k
Other
$258
Benefits
Vice President-advancement
key employee
$314k
$335k
Base
$217k
Bonus
$21k
Other
$90
Benefits
Vice President - Marketing & Communications
vice president
$276k
$294k
Base
$185k
Bonus
$12k
Other
$138
Benefits
$36k
Vice President - Scientific Services
vice president
$274k
$292k
Base
$181k
Bonus
$12k
Other
$60
Benefits
$14k
Chief Financial Officer
$265k
$282k
Base
$193k
Bonus
$13k
Other
$258
Benefits
$13k
Vice President - Research
vice president
$261k
$279k
Base
$185k
Bonus
$18k
Other
$258
Benefits
Director of Advancement
highest compensated employee
$221k
$235k
Base
$136k
Bonus
$29k
Other
$229
Benefits
$27k
Director of Data Science
highest compensated employee
$217k
$231k
Base
$173k
Bonus
$12k
Other
$138
Benefits
$971
Program Director - Ccad
director (operational)
$214k
$229k
Base
$168k
Bonus
$16k
Other
$60
Benefits
Program Director - Circ
director (operational)
$209k
$223k
Base
$138k
Bonus
$26k
Other
$90
Benefits
$13k

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 34 unpaid individuals.

Browse compensation in Medical Research

Up 4%
from 2023

From $599k in 2023 to $624k in 2024.

$599k
2023
$624k
2024
In today's dollarsEst.
Up 2% in real terms$655k to $666k

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

MINNEAPOLIS HEART INSTITUTE FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$14.3M
$16.6M
2023
$23.6M
$19.5M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Medical Research executives earn

Comparable medical research organizations nationwide pay their highest-earning executive a median of $114,840.

25th percentile
$40k
Median
$114,840
75th percentile
$234k
90th percentile
$424k

These are medical research sector-wide figures, not this organization's reported pay. Based on 283 organizations across 283 filings (2021 – 2023).

See full Medical Research compensation data
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