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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Philanthropy, Voluntarism & Grantmaking Abbott Northwestern Hospital Foundation

Abbott Northwestern Hospital Foundation

Fiscal year ending 2018. Filed on November 11, 2019.

P O Box 43 Internal Zip 10890
Minneapolis, Minnesota 55440

Abbott Northwestern Hospital Foundation (EIN: 04-3643816) has filed an IRS Form 990 from fiscal year 2016–2022. In its fiscal year 2018 IRS Form 990 filing, Abbott Northwestern Hospital Foundation, a 501(c)(3) charitable organization, reported compensation for 4 employees. Among the employees shown here, the average compensation is $772,393. The highest compensated employee at Abbott Northwestern Hospital Foundation is Thomas O'Connor with fiscal year 2018 compensation of $1,213,095.

Revenue, expenses, and employee compensation

Revenue

$11,229,387

Expenses

$10,906,129

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Thomas O'Connor
Director/Interim PRES ANW
$1,213,095
$0 $1,050,494 $162,601
Richard Magnuson
Chief Financial Officer
$1,069,472
$0 $834,474 $234,998
Richard Meyer
President and Director
$410,232
$0 $335,349 $74,883
Ann Madden Rice
Director/Svp PRES ANW
$396,771
$0 $344,852 $51,919

Benchmark Employee Compensation

Non-Employee Board Members

Chase Sovell, M.D.
Director
$50,000
$0 $50,000 No other comp
Lee Arostegui, M.D.
Director
$15,225
$0 $15,225 No other comp
Trisha Blake
Secretary and Director
No compensation reported
Cari Streich
Director
No compensation reported
Rob Sit
Vice Chair and Director
No compensation reported
Tamera Lillemoe, M.D.
Director
No compensation reported
Kristine Fortman, Ph.D.
Director
No compensation reported
Martha MacMillan
Director
No compensation reported
Thomas Gunderson
Director
No compensation reported
Ronald Poole
Director
No compensation reported
Mumtaz Kazim, M.D.
Director
No compensation reported
Conley Brooks
Director
No compensation reported

Mission Statement

THE MISSION OF ABBOTT NORTHWESTERN HOSPITAL FOUNDATION IS TO RAISE, STEWARD AND DISBURSE FUNDS FOR THE BENEFIT OF ABBOTT NORTHWESTERN HOSPITAL AND THE COMMUNITIES IT SERVES. THE FOUNDATION IS A SEPARATE NOT-FOR-PROFIT ENTITY DEDICATED TO SUPPORTING THE HOSPITAL AND IS GOVERNED BY A SEPARATE BOARD. ABBOTT NORTHWESTERN HOSPITAL IS THE TWIN CITIES' LARGEST NOT-FOR-PROFIT HOSPITAL. EACH YEAR, THE HOSPITAL PROVIDES COMPREHENSIVE HEALTH CARE FOR MORE THAN 200,000 PATIENTS AND THEIR FAMILIES FROM THE TWIN CITIES AREA AND THROUGHOUT THE UPPER MIDWEST. THE HOSPITAL IS ROUTINELY NAMED IN NATIONAL RANKINGS OF THE NATION'S BEST HOSPITALS, INCLUDING BEING NAMED IN U.S. NEWS AND WORLD REPORT'S "AMERICA'S TOP 50 HOSPITALS" LIST FOR TEN CONSECUTIVE YEARS. ABBOTT NORTHWESTERN HOSPITAL IS A PART OF ALLINA HEALTH SYSTEM, A FAMILY OF HOSPITALS, CLINICS AND CARE SERVICES.

Revisions to this organization profile

March 10, 2023:
2022 Abbott Northwestern Hospital Foundation 990 filed
November 10, 2022:
2021 Abbott Northwestern Hospital Foundation 990 filed
November 10, 2021:
2020 Abbott Northwestern Hospital Foundation 990 filed

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