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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 Public & Societal Benefit Medica Holding Company

Medica Holding Company

Fiscal year ending 2024. Filed on November 14, 2025.

401 Carlson Parkway Cp 330
Minnetonka, Minnesota 55305

Medica Holding Company (EIN: 01-0571840) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2024 IRS Form 990 filing, Medica Holding Company, a 501(c)(4) civic league or social welfare organization, reported compensation for 9 employees. Among the employees shown here, the average compensation is $611,213. The highest compensated employee at Medica Holding Company is Elizabeth F Erickson with fiscal year 2024 compensation of $1,870,851.

Revenue, expenses, and employee compensation

Revenue

$156,385,778

Expenses

$1,575,144

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Elizabeth F Erickson
President, CEO, and Treas THRU 1/2024
$1,870,851
$0 $1,669,649 $201,202
Krista Dusil
Senior Vice President, CFO, and Treasurer
$920,238
$0 $804,123 $116,115
Mary P Quist
Senior Vice President, Finance THRU 6/2024
$639,953
$0 $604,708 $35,245
John Naylor
Former President and CEO
$565,230
$0 $565,230 No other comp
Alicia Reuter
Senior Vice President and Chief Legal Officer, Secretary
$481,224
$0 $408,482 $72,742
James Jacobson
Former Senior Vice President SEC and GEN Couns
$403,815
$0 $403,815 No other comp
Mark L Baird
Former Senior Vice President and CFO
$370,125
$0 $370,125 No other comp
David H Ellenbogen
Former Senior Vice President SEC and GEN Counsel
$226,230
$0 $224,611 $1,619
Samuel Leon
Former Director
$23,250
$0 $23,250 No other comp

Benchmark Employee Compensation

Non-Employee Board Members

John Buck
Chair and Director
$145,250
$0 $145,250 No other comp
John Stanoch
Vice Chair and Director
$128,500
$0 $128,500 No other comp
Rajesh Aggarwal
Director
$100,000
$0 $100,000 No other comp
Brigid Bonner
Director
$98,750
$0 $98,750 No other comp
Earl Stratton
Director
$95,250
$0 $95,250 No other comp
Peter Kelley
Director
$94,750
$0 $94,750 No other comp
Mary Twinem
Director
$90,250
$0 $90,250 No other comp
Gaye Adams Massey
Director
$87,750
$0 $87,750 No other comp
Ugwuji Maduekwe
Director
$18,500
$0 $18,500 No other comp

Mission Statement

TO BE THE TRUSTED HEALTH PLAN OF CHOICE FOR CUSTOMERS, MEMBERS, PARTNERS AND OUR EMPLOYEES.

Revisions to this organization profile

November 14, 2025:
2024 Medica Holding Company 990 filed
March 6, 2025:
Amended (originally filed November 15, 2024)2023 Medica Holding Company 990 filed
November 8, 2023:
2022 Medica Holding Company 990 filed

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