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Filing year 2023

UNIVERSITY OF MINNESOTA PHYSICIANS

Minneapolis, Minnesota·EIN 41-1843943·NTEE E300 · Health Care·501(c)(3)
Total revenue
$903M
Total assets
$286.8M
Total expenses
$909.1M
Reported officers
27
Mission

UNIVERSITY OF MINNESOTA PHYSICIANS SERVES AS THE INTEGRATED GROUP PRACTICE FOR THE UNIVERSITY OF MINNESOTA MEDICAL SCHOOL FULL-TIME FACULTY TO PROVIDE THE HIGHEST QUALITY HEALTHCARE TO PATIENTS AND THEIR FAMILIES.UNIVERSITY OF MINNESOTA PHYSICIANS IS A MULTI-SPECIALTY PHYSICIAN ORGANIZATION SERVING AS THE FACULTY PRACTICE PLAN FOR THE UNIVERSITY OF MINNESOTA MEDICAL SCHOOL. IT IS DEDICATED TO PROVIDING HIGH QUALITY, PATIENT FOCUSED CARE AND ADVANCING MEDICAL KNOWLEDGE. IT SUPPORTS THERESEARCH AND EDUCATION MISSIONS OF THE MEDICAL SCHOOL.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 20 reported individuals · Filing year 2023

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

Employed Physician
Highest Compensated Employee
Above 90th percentile
$1.9M
$2.1M
Base
$1.2M
Bonus
$700k
Other
$3k
Benefits
$220
Employed Physician
Highest Compensated Employee
Above 90th percentile
$1.5M
$1.7M
Base
$1.4M
Bonus
Other
$5k
Benefits
$4k
Employed Physician
Highest Compensated Employee
Above 90th percentile
$1.4M
$1.5M
Base
$1.4M
Bonus
Other
$4k
Benefits
Employed Physician
Highest Compensated Employee
75th to 90th percentile
$1.1M
$1.2M
Base
$806k
Bonus
$198k
Other
$6k
Benefits
$27k
Employed Physician
Highest Compensated Employee
75th to 90th percentile
$997k
$1.1M
Base
$742k
Bonus
$178k
Other
$6k
Benefits
$28k
Director and Employed Physician
Board Member
Above 90th percentile
$728k
$795k
Base
$654k
Bonus
Other
$5k
Benefits
$26k
CEO
Above 90th percentile
$662k
$723k
Base
$429k
Bonus
$122k
Other
$3k
Benefits
$908
Director and Employed Physician
Board Member
Above 90th percentile
$657k
$718k
Base
$530k
Bonus
$24k
Other
$5k
Benefits
$1k
Physician & Board Vice Chair
Board Chair
Above 90th percentile
$599k
$655k
Base
$419k
Bonus
$54k
Other
$6k
Benefits
$3k
Director and Employed Physician
Board Member
75th to 90th percentile
$533k
$582k
Base
$404k
Bonus
$50k
Other
$4k
Benefits
$569
Chief Administrative Officer
Officer (Unspecified)
$484k
$529k
Base
$359k
Bonus
$58k
Other
$5k
Benefits
$14k
Physician & Board Secretary
Board Secretary
Above 90th percentilevs Health Care peers nationwide
$388k
$425k
Base
$303k
Bonus
Other
$4k
Benefits
$398
Director and Employed Physician
Board Member
75th to 90th percentile
$355k
$387k
Base
$300k
Bonus
Other
$6k
Benefits
$1k
Director and Employed Physician
Board Member
75th to 90th percentile
$347k
$379k
Base
$240k
Bonus
$12k
Other
$3k
Benefits
$974
Director and Employed Physician
Board Member
75th to 90th percentile
$283k
$309k
Base
$219k
Bonus
Other
$3k
Benefits
$1k
Director and Employed Physician
Board Member
75th to 90th percentile
$235k
$257k
Base
$175k
Bonus
$18k
Other
$2k
Benefits
$112
Director and Employed Physician
Board Member
75th to 90th percentile
$217k
$237k
Base
$94k
Bonus
$29k
Other
$3k
Benefits
$594
Director and Employed Physician
Board Member
Median to 75th percentile
$156k
$170k
Base
$94k
Bonus
$8k
Other
$1k
Benefits
Physician & Board Chair
Board Chair
75th to 90th percentile
$107k
$117k
Base
$35k
Bonus
Other
$2k
Benefits
CFO
25th percentile to median
$55k
$60k

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 7 unpaid individuals.

Browse compensation in Health Care

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at UNIVERSITY OF MINNESOTA PHYSICIANS equaled 0.2% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2023)
0.2%
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.

Down 4%
from 2022

From $2M in 2022 to $1.9M in 2023.

$2M
2022
$1.9M
2023
In today's dollarsEst.
Down 7% in real terms$2.3M to $2.1M

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

Highest Compensated Employee pay fell 4% from 2022 to 2023, while revenue held roughly steady.

$2M in 2022 to $1.9M in 2023.
  • Board Member pay rose 12% from 2022 to 2023.
  • Chief Executive Officer pay rose 6% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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 UNIVERSITY OF MINNESOTA PHYSICIANS

What does the Highest Compensated Employee of UNIVERSITY OF MINNESOTA PHYSICIANS earn?

In 2023, the Highest Compensated Employee of UNIVERSITY OF MINNESOTA PHYSICIANS received $1,947,301 in total compensation. This pay is in the top 10% for Highest Compensated Employee roles among Health Care organizations in Minnesota: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at UNIVERSITY OF MINNESOTA PHYSICIANS compare with similar nonprofits?

Compared with the same role at Health Care organizations in Minnesota, the 2023 pay of the Highest Compensated Employee at UNIVERSITY OF MINNESOTA PHYSICIANS falls in the top 10%. In 2023, the highest total compensation at UNIVERSITY OF MINNESOTA PHYSICIANS equaled 0.2% of the organization's total expenses. The median for health care organizations is 4%.

What are UNIVERSITY OF MINNESOTA PHYSICIANS's revenue and expenses?

In 2023, UNIVERSITY OF MINNESOTA PHYSICIANS reported $903M in total revenue and $909.1M in total expenses on its IRS Form 990.

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