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Filing year 2024

RIDGEVIEW INSURANCE COMPANY

Waconia, Minnesota·EIN 45-4109041·NTEE E800 · Health Care·501(c)(3)
Total revenue
$7.6M
Total assets
$15.4M
Total expenses
$3.9M
Reported officers
5
Mission

RIDGEVIEW INSURANCE COMPANY EXISTS TO INSURE THE RISKS OF RIDGEVIEW MEDICAL CENTER AND ITS SUBSIDIARIES AND AFFILIATES.

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 Health Care organizations in Minnesota.

Vice President
Median to 75th percentile
$93k
$99k
Treasurer
Officer (Unspecified)
$72k
$77k
President
10th to 25th percentile
$47k
$50k

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 2 unpaid individuals.

Browse compensation in Health Care

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at RIDGEVIEW INSURANCE COMPANY equaled 2% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2024)
2%
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.

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

Vice President pay rose 4% from 2023 to 2024, while revenue rose 1012%.

$90k in 2023 to $93k in 2024.
  • Chief Executive Officer pay rose 5% 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 INSURANCE COMPANY

What does the Vice President of RIDGEVIEW INSURANCE COMPANY earn?

In 2024, the Vice President of RIDGEVIEW INSURANCE COMPANY received $93,249 in total compensation. This pay is above the median (the midpoint) for Vice President roles among Health Care organizations in Minnesota, within the top half of comparable filings. Based on IRS Form 990 data.

How does Vice President pay at RIDGEVIEW INSURANCE COMPANY compare with similar nonprofits?

Compared with the same role at Health Care organizations in Minnesota, the 2024 pay of the Vice President at RIDGEVIEW INSURANCE COMPANY falls between the median and the 75th percentile. In 2024, the highest total compensation at RIDGEVIEW INSURANCE COMPANY equaled 2% of the organization's total expenses. The median for health care organizations is 4%.

What are RIDGEVIEW INSURANCE COMPANY's revenue and expenses?

In 2024, RIDGEVIEW INSURANCE COMPANY reported $7.6M in total revenue and $3.9M in total expenses on its IRS Form 990.

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