Cause IQ organization profile

Olmsted Medical Center

Program areas | Form 990s | Financials | Vendors | Personnel | Peers

Olmsted Medical Center is a general hospital based in Rochester, MN that was founded in 1949. As of 2019 they had $217 million in revenue and $278 million in assets.

The delivery of exceptional patient care focusing on caring, quality, safety and service. The delivery of exceptional patient care focusing on caring, quality, safety, and service.

EIN:
41-0855367
City:
State:
Website:
Facebook:
Twitter:
Founded:
1949
Type:
501(c)(3)
NTEE:
Revenue:
$217,422,315
Assets:
$278,992,681
Employees:
1,497
Fiscal year end:
December
Revenue trends:
Asset trends:

Program areas at Olmsted Medical Center

Personal approach to care through more than 25 specialties. All of our specialty services compliment primary care and offer patients greater convenience and peace of mind. We continue to work to position omc as a preferred healthcare provider for primary and secondary care among southeastern Minnesota residents. Omc's 174 clinicians and 1,000 healthcare professionals serve at 22 locations, including physical/occupational therapy, two multi-specialty clinics, sports medicine facilities, a level iv trauma hospital with 24-hour emergency room and birthcenter, two walk-in fastcare retail clinics, a walk-in skyway clinic in downtown rochester, and 11 community branch clinics. In 2018, omc had 325,311 patient visits serving 80,910 unique patients. The hospital provided care for 2,993 patient admissions resulting in 6,504 patient days including 982 births.

Community outreach and support activities: omc welcomes its many opportunities to be an active, contributing partner to southeastern Minnesota's health and wellness efforts. As a 501(c)(3) non-profit organization, omc actively supports southeastern Minnesota's health and wellness efforts through the contribution of staff time/talent, in-kind resources, and financial assistance. In 2018, our community contributions made up 25.61% of our annual operating expense - more than $50,658,000 in support of our commitment to be an active, contributing partner in the communities we serve. Another way omc actively supports community health is through its partnership with mayo clinic, Olmsted county public health, and several other community-service organizations as together we implemented the year-two action plan based on our collaborative community health needs assessment (chna). In 2018, omc continued its tradition of welcoming hundreds of school-aged children and college students for on-site science, technology, engineering, and math (stem) education experiences designed to cultivate the ...

Form 990s for Olmsted Medical Center

Fiscal year endingDate received by IRSFormPDF link
2018-12Dec 5, 2019990View PDF
2017-12Dec 22, 2018990View PDF
2016-12Nov 28, 2017990View PDF
2015-12Feb 28, 2017990View PDF
2014-12Feb 2, 2016990View PDF
...and five more Form 990 PDFs

Financials for Olmsted Medical Center

Field2018
Total grants, contributions, etc.$61,044
Program services$213,507,780
Investment income and dividends$2,531,201
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$78,415
Net gain from sale of non-inventory assets$459,457
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$39,748
Miscellaneous revenues$744,670
Total revenues$217,422,315

Vendors for Olmsted Medical Center

VendorServicesAmount paidDate
Cliftonlarsonallen LLPTax accounting; Audit accounting2019-12-31
████████ ███████████ █████████████Investment management; $132,4642019-12-31
███████ ██████████ ███████Consulting (general)$130,0002019-12-31
██████Fundraising software2019-10-22
███████ ███ ████Fundraising software; Payment processing2019-10-22
████████ ███████Electronic Vendor Payment System$2,153,9792018-12-01
████ ███████ ███████████Computer Support$5,961,6062018-12-01
█████████ ████████ ████████Medical Equipment Maintenance$1,123,6312018-12-01
...and nine more vendors

Personnel at Olmsted Medical Center

NameTitleCompensationMost recent data
Tim WeirChief Executive Officer$723,505Sept. 29, 2020
Robert CunninghamChief Operating Officer-Sept. 29, 2020
█████ ███████Chief Financial Officer$442,119Sept. 29, 2020
██████ ████ █████Chief Information Officer-Sept. 29, 2020
█████ ███████ ██Chief Medical Officer$425,125Sept. 29, 2020
██████ █████████Chief Nursing Officer-Sept. 29, 2020
██████ ██████ ██████Vice President of Marketing and Philanthropy-Sept. 29, 2020
████ ███████████Vice President of Clinical Operations-Nov. 1, 2017
███ █████Board Chair$0Dec. 31, 2018
███████ ████████President$597,884Dec. 31, 2018
...and three more key personnel

Peer general hospitals

 NameTypeRevenueLocation
1Mayo Clinic-Methodist Hospital501(c)(3)$620 millionRochester, MN
2Beatrice Community Hospital and Health Center (BCHHC)501(c)(3)$79 millionBeatrice, NE
3Marcus Daly Memorial Hospital501(c)(3)$68 millionHamilton, MT
4Freeport Memorial Hospital (FHN)501(c)(3)$155 millionFreeport, IL
5St Joseph Medical Center501(c)(3)$93 millionKansas City, MO
6AdventHealth Waterman501(c)(3)$268 millionTavares, FL
7United Hospital Center501(c)(3)$407 millionBridgeport, WV
8St Joseph's / Candler (SJ/C)501(c)(3)$301 millionSavannah, GA
9Covenant HealthCare501(c)(3)$707 millionSaginaw, MI
10Missouri Delta Medical Center501(c)(3)$101 millionSikeston, MO
11Forest Hills Hospital501(c)(3)$265 millionWestbury, NY
12Mayo Clinic Health System-Northlandinc501(c)(3)$61 millionBarron, WI
13Rehoboth Mckinley Christian Health Care Services (RMCHCS)501(c)(3)$84 millionGallup, NM
14Jefferson Medical Center501(c)(3)$59 millionMartinsburg, WV
15Tucson Medical Center (TMC)501(c)(3)$569 millionTucson, AZ
16Great River Medical Center501(c)(3)$182 millionWest Burlington, IA
17Yavapai Regional Medical Center (YRMC)501(c)(3)$404 millionPrescott, AZ
18Altru Health System501(c)(3)$585 millionGrand Forks, ND
19Labette Health501(c)(3)$78 millionParsons, KS
20NorthCrest Medical Center501(c)(3)$73 millionSpringfield, TN
21Wheaton Franciscan Healthcare All Saints501(c)(3)$386 millionRacine, WI
22Spectrum Health-Reed City Campus501(c)(3)$58 millionReed City, MI
23Holy Cross Hospital501(c)(3)$126 millionChicago, IL
24Highland Hospital of Rochester501(c)(3)$377 millionRochester, NY
25St Mary's Hospital501(c)(3)$88 millionPassaic, NJ