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Omc Regional Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 260022777 ✦ Rochester, MN ✦ Designated as a 501(c)(3)

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Overview

What is Omc Regional Foundation?

Omc Regional Foundation is a nonprofit organization situated in Rochester, Minnesota, with an address at 210 Ninth Street SE, 55904. Its primary mission is to advocate for and support Olmsted Medical Center, aiding in the provision of top-notch healthcare services and education within its community. The foundation promotes health improvement and education through various charitable activities, such as community education and health awareness programs, healthcare-related capital expenditures, and educational scholarships in the healthcare professions. In 2022, the organization served approximately 47,581 clients.


Official website here: www.omcregionalfoundation.org

Is Omc Regional Foundation legitimate?

Omc Regional Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Omc Regional Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.omcregionalfoundation.org

What is the mission statement of Omc Regional Foundation?

The Omc Regional Foundation's mission is to advocate for and support Olmsted Medical Center, assisting in the funding of high-quality healthcare services and education within the communities it serves. The foundation carries out charitable activities aimed at promoting and enhancing health for community residents through community education, healthcare awareness initiatives, healthcare-related capital expenditures, and scholarships in the healthcare professions. In 2022, the foundation served approximately 47,581 clients.


Official website here: www.omcregionalfoundation.org

Who is the CEO of Omc Regional Foundation?

Tim Weir is the Director & Omc Ceo of Omc Regional Foundation. The CEO's salary of Omc Regional Foundation is $0 and their total compensation is $905,792.


Official website here: www.omcregionalfoundation.org

What is the revenue of Omc Regional Foundation?

Omc Regional Foundation's revenue in 2022 was $580,766.


Official website here: www.omcregionalfoundation.org

Who are the executives of Omc Regional Foundation and what are their salaries?

There 22 volunteers at Omc Regional Foundation.


Here are 13 key members and their salaries (Omc Regional Foundation's CEO's salary is $0 and their total compensation is $905,792):


Tim Weir Fache (Director & Omc Ceo)
  • Compensation: $0
  • Related: $860,633
  • Other: $45,159
James Hoffmann Md (Director & Omc President)
  • Compensation: $0
  • Related: $585,303
  • Other: $46,011
Corenia Walz (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeanine Gangeness Phd (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Tieskotter (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lilia Ponton Md (Secretary)
  • Compensation: $0
  • Related: $266,133
  • Other: $29,648
Cassie Harrington (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Oeth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dharani Ramamoorthy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mitch Stevenson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Supalla (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Higgins (Omc Cfo)
  • Compensation: $0
  • Related: $525,381
  • Other: $61,127
Stacey Vanden Heuvel (Vp Marketing & Philanthrop)
  • Compensation: $0
  • Related: $230,448
  • Other: $22,631


Official website here: www.omcregionalfoundation.org

Where can I find the form 990 for Omc Regional Foundation?

Omc Regional Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.omcregionalfoundation.org

Learn more at the official website: www.omcregionalfoundation.org

Mission Statement of Omc Regional Foundation

The Omc Regional Foundation, in its mission, advocates and supports Olmsted Medical Center. Its primary objective is to assist the medical center in funding high-quality healthcare services and education within the communities it serves. To accomplish this, the foundation engages in various charitable activities. These activities encompass community education and health awareness programs, health-related capital expenditures, and educational scholarships in the healthcare professions.

The Omc Regional Foundation acts as a catalyst for health improvement within the community. Through its initiatives, it aims to promote awareness and education, invest in healthcare facilities, and provide scholarships to individuals pursuing careers in healthcare. By doing so, the foundation seeks to enhance the quality of healthcare services available to the community, ultimately benefiting a substantial number of individuals. In 2022, the foundation served approximately 47,581 clients, demonstrating its significant impact on the community's health.

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Impact




October, 2024

The Omc Regional Foundation has made a significant impact on the health and well-being of the community it serves. By advocating for and supporting Olmsted Medical Center, the foundation enhances access to quality healthcare services, directly benefiting the residents of Rochester, MN, and surrounding areas.

Through its charitable activities, the foundation has promoted health education and awareness, ensuring that thousands of individuals gain valuable knowledge about health-related issues. In 2022 alone, it served approximately 47,581 clients, demonstrating its reach and commitment to fostering a healthier community.

The foundation also contributes to healthcare-related capital expenditures, enabling the continuous improvement and expansion of medical facilities and services. Additionally, by offering educational scholarships for healthcare professions, it supports the next generation of healthcare providers, ensuring a sustainable and well-equipped workforce for the future.

Overall, the Omc Regional Foundation plays a crucial role in elevating healthcare standards, enhancing community health education, and supporting healthcare services, ultimately resulting in a healthier population.




This information is meant to be a general summary of Omc Regional Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$580,766 (2022)
Expenses
$266,523 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $105,224
  • Gross Receipts: $750,427

Assets and Liabilities:

  • Total Assets: $5,187,654
  • Total Liabilities: $0
  • Net Assets: $5,187,654

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Organization Details

Founding Year

2002

Principal Officer

Tim Weir

Main Address

210 NINTH STREET SE, ROCHESTER, MN, 55904

NTEE Category

Code: E112 - Health

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