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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 Health Care Olmsted Medical Center

Olmsted Medical Center

Fiscal year ending 2016. Filed on October 26, 2017.

210 Ninth Street SE
Rochester, Minnesota 55904

Olmsted Medical Center (EIN: 41-0855367) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2016 IRS Form 990 filing, Olmsted Medical Center, a 501(c)(3) charitable organization, reported compensation for 15 out of 1,419 total employees. Among the employees shown here, the average compensation is $630,170. The highest compensated employee at Olmsted Medical Center is Matthew Kirsch, M.D. with fiscal year 2016 compensation of $956,988.

Revenue, expenses, and employee compensation

Revenue

$205,268,895

Expenses

$183,779,529

Employee compensation

$114,972,841
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Matthew Kirsch, M.D.
Physician
$956,988
$919,531 No related comp$37,457
Vidhan Chandra, M.D.
Clinic Trustee
$885,265
$848,720 No related comp$36,545
Jeffrey Beckenbaugh, M.D.
Physician
$748,315
$700,233 No related comp$48,082
Tim Weir
Chief Executive Officer
$721,080
$670,088 No related comp$50,992
Srdan Babovic, M.D.
Treasurer and Secretary
$696,997
$663,509 No related comp$33,488
David Lowe, M.D.
Physician
$671,679
$618,361 No related comp$53,318
Jay Myers, M.D.
Physician
$653,036
$608,065 No related comp$44,971
Marco Santamaria, M.D.
Physician
$639,996
$594,560 No related comp$45,436
Joseph Tricarico, M.D.
Treasurer and Secretary
$611,858
$559,285 No related comp$52,573
Kathryn Lombardo, M.D.
President
$604,316
$569,051 No related comp$35,265
James Hoffmann, M.D.
Medical Vice President SURG Services
$540,418
$495,969 No related comp$44,449
Randy Hemann, M.D.
Medical Vice President MED Services
$471,270
$421,098 No related comp$50,172

Benchmark Employee Compensation

Non-Employee Board Members

Dan Christianson
Public Trustee
Elaine Garry
Public Trustee
Greg House
Public Trustee
Hal Henderson
Public Trustee
Jack Priggen
Public Trustee
Jay Hesley
Public Trustee
Ken Brown
Board Chair
Roxanne Flaten
Public Trustee
Steve Borchardt
Public Trustee
Susan Knutson
Public Trustee

Contractors

Universal Hospital Services Inc.
Medical Equipment Maintenance
$2,096,613
American Express
Electronic Vendor Payment System
$1,578,169
Cerner Coporation
Computer Support
$1,359,250
Mayo Collaborative Services Inc.
Medical
$994,481
The Affiliated Group
Debt Collections
$852,168

Mission Statement

PARTNERING FOR BETTER HEALTH AND BETTER LIVES.

Revisions to this organization profile

October 2, 2025:
2024 Olmsted Medical Center 990 filed
September 30, 2024:
2023 Olmsted Medical Center 990 filed
October 19, 2023:
2022 Olmsted Medical Center 990 filed

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Olmsted Medical Center Auxiliary
Rochester, Minnesota