RIDGEVIEW MEDICAL CENTER Charity Report

Public IRS 990 nonprofit record

RIDGEVIEW MEDICAL CENTER

EIN 31-1667875 · Health Care (E220)

What they do

RIDGEVIEW MEDICAL CENTER EXISTS to ENHANCE THE LIFELONG HEALTH of THE PEOPLE WE SERVE WITH A CULTURE THAT NURTURES THE WHOLE PERSONMIND, BODY and SPIRIT.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $73.80 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders26 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

73.13%of revenue went to mission work73.8% of expenses · Program services

$99.08spent for every $100 of revenueRevenue covered expenses this year.

25.95%of revenue went to management and office costs26.2% of expenses

$1.00in assets for every $1 spent this yearSome assets cannot be spent right away.

0.6%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $1,224,841 for MICHAEL PHELPS (PRESIDENT/CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$407,074,551

Mission workProgram services$297,683,79973.13% of revenue73.8% of expenses

ManagementOffice and general costs$105,648,05925.95% of revenue26.2% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$3,742,6930.92% of revenueShown in gray on the chart

Total expenses$403,331,85899.08% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 73.8% mission · 26.2% management · 0.0% fundraisingTotal expenses: 99.08% of revenue

2023Expense mix: 79.6% mission · 20.4% management · 0.0% fundraisingTotal expenses: 101.62% of revenue

2022Expense mix: 77.7% mission · 22.3% management · 0.0% fundraisingTotal expenses: 100.51% of revenue

2021Expense mix: 76.7% mission · 23.3% management · 0.0% fundraisingTotal expenses: 100.32% of revenue

2020Expense mix: 77.3% mission · 22.6% management · 0.0% fundraisingTotal expenses: 102.75% of revenue

2019Expense mix: 78.1% mission · 21.8% management · 0.0% fundraisingTotal expenses: 99.49% of revenue

2018Expense mix: 76.8% mission · 23.2% management · 0.0% fundraisingTotal expenses: 100.21% of revenue

2017Expense mix: 77.5% mission · 22.5% management · 0.0% fundraisingTotal expenses: 98.79% of revenue

Money in and money out

Revenue$407,074,551

Expenses$403,331,858

Annual surplus $3,742,693 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$297,683,799 · 73.8% of expenses

Management and office costs$105,648,059 · 26.2% of expenses

See all reported dollar amounts

Revenue$407,074,551

Expenses$403,331,858

Assets$402,094,568

Income$409,517,043

Contributions$2,594,485

Mission work (program services)$297,683,799

Grants given$5,034,745

Average grant$1,006,949

Management and general$105,648,059

Executive compensation (total)$3,331,189

Accounting fees$241,743

Investing fees$341,103

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

MICHAEL PHELPSPRESIDENT/CEO · 41 hrs/week $1,224,841Base $1,131,592 · Other $93,249

AARON BLOOMQUISTCFO · 30 hrs/week $895,572Base $823,518 · Other $72,054

STACEY LEEVICE PRESIDENT · 50 hrs/week $509,236Base $446,993 · Other $62,243

ELAINE ARIONVICE PRESIDENT & CNO · 50 hrs/week $397,826Base $327,910 · Other $69,916

LISA SCHWARTZCHRO · 50 hrs/week $381,953Base $333,874 · Other $48,079

BENJAMIN NIELSENCOO · 44 hrs/week $379,128Base $359,651 · Other $19,477

CHRISTOPHER STEFFENEXECUTIVE DIRECTOR · 50 hrs/week $369,655Base $326,334 · Other $43,321

ANDREW KESTERCIO · 50 hrs/week $368,043Base $296,015 · Other $72,028

TYLER JOHNSONADVANCED PRACTICE PROVIDER · 50 hrs/week $359,890Base $293,050 · Other $66,840

GREGORY ERICKSONCRNA · 50 hrs/week $356,674Base $301,298 · Other $55,376

SARAH URTELVP OF SYSTEM SUPPORT · 50 hrs/week $353,377Base $288,533 · Other $64,844

TERRY LARIMERADVANCED PRACTICE PROVIDER · 50 hrs/week $341,085Base $293,265 · Other $47,820

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (26)

MICHAEL PHELPSPRESIDENT/CEO

AARON BLOOMQUISTCFO

STACEY LEEVICE PRESIDENT

ELAINE ARIONVICE PRESIDENT & CNO

LISA SCHWARTZCHRO

BENJAMIN NIELSENCOO

CHRISTOPHER STEFFENEXECUTIVE DIRECTOR

ANDREW KESTERCIO

TYLER JOHNSONADVANCED PRACTICE PROVIDER

GREGORY ERICKSONCRNA

SARAH URTELVP OF SYSTEM SUPPORT

TERRY LARIMERADVANCED PRACTICE PROVIDER

PAUL HAMVP OF SUPPORT SERVICES

JENNIFER CHARBONNETCRNA

DR MATT HEROLDVP OF MEDICAL AFFAIRS

GORDON GABLENZCIO (LEFT JAN 2024)

THERESA DALENBOARD CHAIR

STUART GRONINGABOARD MEMBER

VAN COLSONTREASURER

MIKE SCHULERBOARD MEMBER

KATE ROEHLBOARD MEMBER

JULIE OSTERBERGBOARD MEMBER

JEFF NELSONBOARD MEMBER

HEATHER REIGHARDBOARD MEMBER

DAVE KIRSCHSECRETARY

BRIAN MARKBOARD VICE CHAIR

About this charity

Recognized since: January 1999
Location: 500 SOUTH MAPLE STREET, WACONIA, MN 553871791
County: Carver
In care of: AARON BLOOMQUIST
Primary officer: AARON BLOOMQUIST, CHIEF FINANCIAL OFFICER

How to reach them

WebsiteVisit the charity’s website Phone(952) 442-2191

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: CLIFTONLARSONALLEN LLP
NTEE classification: Health Care (E220)
IRS tax category: General Medical and Surgical Hospitals
Grant-giving organization: Yes