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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 Ridgeview Medical Center

Ridgeview Medical Center

Fiscal year ending 2024. Filed on November 6, 2025.

500 South Maple Street
Waconia, Minnesota 55387

Ridgeview Medical Center (EIN: 31-1667875) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Ridgeview Medical Center, a 501(c)(3) charitable organization, reported compensation for 16 out of 2,732 total employees. Among the employees shown here, the average compensation is $438,196. The highest compensated employee at Ridgeview Medical Center is Michael Phelps with fiscal year 2024 compensation of $1,224,841.

Revenue, expenses, and employee compensation

Revenue

$407,074,551

Expenses

$403,331,858

Employee compensation

$214,274,488
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Michael Phelps
President and Chief Executive Officer
$1,224,841
$1,131,592 No related comp$93,249
Aaron Bloomquist
Chief Financial Officer
$895,572
$823,518 No related comp$72,054
Stacey Lee
Vice President
$509,236
$446,993 No related comp$62,243
Elaine Arion
Vice President and Chief Nursing Officer
$397,826
$327,910 No related comp$69,916
Lisa Schwartz
Chief Human Resources Officer
$381,953
$333,874 No related comp$48,079
Benjamin Nielsen
Chief Operating Officer
$379,128
$359,651 No related comp$19,477
Christopher Steffen
Executive Director
$369,655
$326,334 No related comp$43,321
Andrew Kester
Chief Information Officer
$368,043
$296,015 No related comp$72,028
Tyler Johnson
Advanced Practice Provider
$359,890
$293,050 No related comp$66,840
Gregory Erickson
CRNA
$356,674
$301,298 No related comp$55,376
Sarah Urtel
Vice President of System Support
$353,377
$288,533 No related comp$64,844
Terry Larimer
Advanced Practice Provider
$341,085
$293,265 No related comp$47,820

Benchmark Employee Compensation

Non-Employee Board Members

Jeff Nelson
Board Member
$7,400
$5,000 $2,400 No other comp
Theresa Dalen
Board Chair
$6,000
$6,000 No related compNo other comp
Julie Osterberg
Board Member
$5,000
$5,000 No related compNo other comp
Brian Mark
Board Vice Chair
$5,000
$5,000 No related compNo other comp
Dave Kirsch
Secretary
$5,000
$5,000 No related compNo other comp
Heather Reighard
Board Member
$5,000
$5,000 No related compNo other comp
Van Colson
Treasurer
$5,000
$5,000 No related compNo other comp
Kate Roehl
Board Member
$5,000
$5,000 No related compNo other comp
Stuart Groninga
Board Member
$5,000
$5,000 No related compNo other comp
Mike Schuler
Board Member
$5,000
$5,000 No related compNo other comp

Contractors

Empac
Emergency Department Physician
$11,212,084
3KEYLOGIC LLC
IT
$2,626,423
Childrens Hospital & Clinics
Medical
$2,582,076
Aya Healthcare Inc.
Nursing
$2,465,369
Mayo Collaborative Services Inc.
Medical
$1,759,907

Mission Statement

RIDGEVIEW MEDICAL CENTER EXISTS TO ENHANCE THE LIFELONG HEALTH OF THE PEOPLE WE SERVE WITH A CULTURE THAT NURTURES THE WHOLE PERSONMIND, BODY AND SPIRIT.

Revisions to this organization profile

November 6, 2025:
2024 Ridgeview Medical Center 990 filed
November 11, 2024:
2023 Ridgeview Medical Center 990 filed
November 13, 2023:
2022 Ridgeview Medical Center 990 filed

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