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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 2023. Filed on March 6, 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 2023 IRS Form 990 filing, Medica Holding Company, a 501(c)(4) civic league or social welfare organization, reported compensation for 7 employees. Among the employees shown here, the average compensation is $1,397,659. The highest compensated employee at Medica Holding Company is John Naylor with fiscal year 2023 compensation of $5,701,057.

Revenue, expenses, and employee compensation

Revenue

$22,445,270

Expenses

$13,956,522

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

John Naylor
President and CEO (Thru 9/23)
$5,701,057
$0 $5,672,385 $28,672
Elizabeth F Erickson
President and CEO and CFO
$1,242,128
$0 $1,203,089 $39,039
Mary P Quist
Treasurer/Interim CFO
$857,958
$0 $808,429 $49,529
David H Ellenbogen
Senior Vice President SEC and GEN Counsel (Thru 12/23)
$818,602
$0 $773,584 $45,018
Mark L Baird
Former Senior Vice President and CFO
$552,044
$0 $552,044 No other comp
James Jacobson
Former Senior Vice President SEC and GEN Counsel
$448,077
$0 $448,077 No other comp
John Buck
Chair and Director
$163,750
$0 $163,750 No other comp

Benchmark Employee Compensation

Non-Employee Board Members

John Stanoch
Vice Chair and Director
$121,250
$0 $121,250 No other comp
Rajesh Aggarwal
Director
$119,750
$0 $119,750 No other comp
Earl Stratton
Director
$114,750
$0 $114,750 No other comp
Peter Kelley
Director
$112,500
$0 $112,500 No other comp
Mary Twinem
Director
$111,000
$0 $111,000 No other comp
Brigid Bonner
Director
$108,000
$0 $108,000 No other comp
Samuel Leon
Director
$100,250
$0 $100,250 No other comp
Gaye Adams Massey
Director
$95,000
$0 $95,000 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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