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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 2023. Filed on September 30, 2024.

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 2023 IRS Form 990 filing, Olmsted Medical Center, a 501(c)(3) charitable organization, reported compensation for 13 out of 1,618 total employees. Among the employees shown here, the average compensation is $754,751. The highest compensated employee at Olmsted Medical Center is Matthew Kirsch, M.D. with fiscal year 2023 compensation of $1,182,794.

Revenue, expenses, and employee compensation

Revenue

$278,954,376

Expenses

$273,475,611

Employee compensation

$163,830,549
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Matthew Kirsch, M.D.
Physician
$1,182,794
$1,140,560 No related comp$42,234
Vidhan Chandra, M.D.
Physician
$1,080,057
$1,065,088 No related comp$14,969
Samer Abdel-Aziz, M.D.
Physician
$1,072,997
$1,030,524 No related comp$42,473
Mark Herr, M.D.
Physician
$1,067,178
$1,051,783 No related comp$15,395
Tim Weir Fache
Chief Executive Officer
$976,809
$945,667 No related comp$31,142
Srdan Babovic, M.D.
Physician
$966,089
$951,501 No related comp$14,588
James Hoffmann, Do
President
$677,747
$645,762 No related comp$31,985
Kevin Higgins
Chief Financial Officer
$629,607
$578,825 No related comp$50,782
Tamara Alexandrov, M.D.
Clinic Trustee
$506,043
$493,641 No related comp$12,402
Keith Kleis, M.D.
Clinic Trustee
$445,349
$403,115 No related comp$42,234
Maral Kendarian, M.D.
Clinic Trustee
$406,430
$391,807 No related comp$14,623
Mark Wilbur M.D. Chief
Medical Officer (Starting JULY 2023)
$401,111
$385,476 No related comp$15,635

Benchmark Employee Compensation

Non-Employee Board Members

Carole Nistler, M.D.
Public Trustee
Cassie Harrington
Public Trustee
Corenia Walz
Public Trustee
Don Supalla
Public Trustee
Michael Tuohy
Public Trustee-Chair Elect
Mike Malugani
Public Trustee-Chair
Wendy Shannon
Public Trustee

Contractors

Construction Collaborative
Building Construction
$5,000,925
Epic Hosting
Computer Software
$1,783,119
Epic Systems Corporation
Computer Software
$1,676,134
Mayo Collaborative Services Inc.
Lab
$1,499,924
Hayes Locum LLC
Physician Staffing
$1,474,027

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