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Filing year 2024

RIDGEVIEW MEDICAL CENTER

Waconia, Minnesota·EIN 31-1667875·NTEE E220 · Health Care·501(c)(3)
Total revenue
$407.1M
Total assets
$402.1M
Total expenses
$403.3M
Reported officers
26
Mission

RIDGEVIEW MEDICAL CENTER EXISTS TO ENHANCE THE LIFELONG HEALTH OF PEOPLE IT SERVES WITH A CULTURE THAT NURTURES THE WHOLE PERSON: MIND, BODY, AND SPIRIT.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 26 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
Above 90th percentile
$1.2M
$1.3M
Base
$1.1M
Bonus
Other
$2k
Benefits
$61k
CFO
Above 90th percentile
$896k
$955k
Base
$822k
Bonus
Other
$2k
Benefits
$54k
Vice President
Above 90th percentile
$509k
$543k
Base
$446k
Bonus
Other
$824
Benefits
$37k
Vice President & Cno
Vice President
Above 90th percentile
$398k
$424k
Base
$323k
Bonus
Other
$5k
Benefits
$41k
Chro
Officer (Unspecified)
$382k
$407k
Base
$333k
Bonus
Other
$927
Benefits
$32k
COO
75th to 90th percentile
$379k
$404k
Base
$359k
Bonus
Other
$615
Benefits
$827
Executive Director
75th to 90th percentile
$370k
$394k
Base
$326k
Bonus
Other
$710
Benefits
$17k
CIO
Chief Information Officer
Median to 75th percentilevs Health Care peers nationwide
$368k
$393k
Base
$295k
Bonus
Other
$927
Benefits
$43k
Advanced Practice Provider
Highest Compensated Employee
Median to 75th percentile
$360k
$384k
Base
$220k
Bonus
$72k
Other
$309
Benefits
$54k
CRNA
Highest Compensated Employee
Median to 75th percentile
$357k
$381k
Base
$299k
Bonus
Other
$2k
Benefits
$34k
VP of System Support
Vice President
Above 90th percentile
$353k
$377k
Base
$288k
Bonus
Other
$420
Benefits
$33k
Advanced Practice Provider
Highest Compensated Employee
Median to 75th percentile
$341k
$364k
Base
$214k
Bonus
$79k
Other
$807
Benefits
$25k
VP of Support Services
Vice President
75th to 90th percentile
$337k
$359k
Base
$280k
Bonus
Other
$927
Benefits
$24k
CRNA
Highest Compensated Employee
Median to 75th percentile
$324k
$345k
Base
$278k
Bonus
Other
$2k
Benefits
$32k
VP of Medical Affairs
Vice President
75th to 90th percentile
$318k
$340k
Base
$290k
Bonus
Other
$615
Benefits
$17k
CIO (left Jan 2024)
Chief Information Officer
10th to 25th percentilevs Health Care peers nationwide
$95k
$101k
Board Chair
10th to 25th percentile
$6k
$6k
Board Member
10th to 25th percentile
$5k
$5k
Board Member
10th to 25th percentile
$5k
$5k
Board Member
10th to 25th percentile
$5k
$5k
Board Member
10th to 25th percentile
$5k
$5k
Board Member
10th to 25th percentile
$5k
$5k
Board Member
10th to 25th percentile
$5k
$5k
Secretary
Officer (Unspecified)
$5k
$5k
Treasurer
Officer (Unspecified)
$5k
$5k
Board Vice Chair
Board Chair
10th to 25th percentile
$5k
$5k

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.

Browse compensation in Health Care

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at RIDGEVIEW MEDICAL CENTER equaled 0.3% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2024)
0.3%
Sector median
4%
Middle half of sector
1% to 13%

Based on 13,518 health care 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 1%
from 2023

From $1.2M in 2023 to $1.2M in 2024.

$1.2M
2023
$1.2M
2024
In today's dollarsEst.
Down 1% in real terms$1.3M to $1.3M

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 1% from 2023 to 2024, while revenue rose 22%.

$1.2M in 2023 to $1.2M in 2024.
  • Chief Financial Officer pay rose 30% from 2023 to 2024.
  • Vice President pay rose 25% 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 MEDICAL CENTER

What does the Chief Executive Officer of RIDGEVIEW MEDICAL CENTER earn?

In 2024, the Chief Executive Officer of RIDGEVIEW MEDICAL CENTER received $1,224,841 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Health Care organizations in Minnesota: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

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

Compared with the same role at Health Care organizations in Minnesota, the 2024 pay of the Chief Executive Officer at RIDGEVIEW MEDICAL CENTER falls in the top 10%. In 2024, the highest total compensation at RIDGEVIEW MEDICAL CENTER equaled 0.3% of the organization's total expenses. The median for health care organizations is 4%.

What are RIDGEVIEW MEDICAL CENTER's revenue and expenses?

In 2024, RIDGEVIEW MEDICAL CENTER reported $407.1M in total revenue and $403.3M in total expenses on its IRS Form 990.

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