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Filing year 2024

RIDGEVIEW FOUNDATION

Waconia, Minnesota·EIN 41-1328097·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$7.1M
Total assets
$26.7M
Total expenses
$3.3M
Reported officers
29
Mission

RIDGEVIEW FOUNDATION IS AN INDEPENDENT NONPROFIT ORGANIZATION THAT PARTNERS WITH RIDGEVIEW MEDICAL CENTER IN ITS MISSION TO MAKE A POSITIVE DIFFERENCE IN THE QUALITY OF LIFE AND HEALTH FOR THE PEOPLE OF OUR AREA.

Executive compensation

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Minnesota.

President/ceo
Median to 75th percentile
$93k
$99k
CFO
Median to 75th percentilevs Philanthropy, Voluntarism & Grantmaking peers nationwide
$72k
$77k
Executive Director
25th percentile to median
$48k
$51k

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 26 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at RIDGEVIEW FOUNDATION equaled 3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
3%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 4%
from 2023

From $90k in 2023 to $93k in 2024.

$90k
2023
$93k
2024
In today's dollarsEst.
Up 1% in real terms$98k to $99k

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 4% from 2023 to 2024, while revenue rose 71%.

$90k in 2023 to $93k in 2024.
  • Chief Financial Officer pay fell 12% 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 RIDGEVIEW FOUNDATION

What does the Chief Executive Officer of RIDGEVIEW FOUNDATION earn?

In 2024, the Chief Executive Officer of RIDGEVIEW FOUNDATION received $93,249 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Minnesota, within the top half of comparable filings. Based on IRS Form 990 data.

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

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Minnesota, the 2024 pay of the Chief Executive Officer at RIDGEVIEW FOUNDATION falls between the median and the 75th percentile. In 2024, the highest total compensation at RIDGEVIEW FOUNDATION equaled 3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are RIDGEVIEW FOUNDATION's revenue and expenses?

In 2024, RIDGEVIEW FOUNDATION reported $7.1M in total revenue and $3.3M in total expenses on its IRS Form 990.

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