Minnesota Hospital Foundation

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

EIN: 411769025 ✦ St paul, MN ✦ Designated as a 501(c)(3)

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Overview

What is Minnesota Hospital Foundation?

The Minnesota Hospital Foundation is a nonprofit organization, situated at 161 Saint Anthony Avenue 915, Saint Paul, Minnesota 55103. Their primary mission is to advance individual and community well-being through advocacy, leadership, and collaboration. They focus on implementing research and analysis opportunities to make healthcare more affordable, accessible, and improve its quality for the people of Minnesota. Their strategies encompass data-driven quality and safety improvement, education, research, training, and leadership, all aimed at improving the health of Minnesota's population.


Official website here: www.mnhospitals.org

Is Minnesota Hospital Foundation legitimate?

Minnesota Hospital Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Minnesota Hospital 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.mnhospitals.org

What is the mission statement of Minnesota Hospital Foundation?

The Minnesota Hospital Foundation operates with a mission to better the health of individuals through strategic initiatives focusing on data-driven quality and safety improvement, education, research, training, and leadership. Their activities encompass data analysis opportunities to make healthcare more affordable, accessible, and enhance the quality of patient care. The foundation is committed to advocacy and collaboration, aiming to improve the overall health of the community.


Official website here: www.mnhospitals.org

Who is the CEO of Minnesota Hospital Foundation?

Rahul Koranne is the CEO of Minnesota Hospital Foundation The CEO's salary of Minnesota Hospital Foundation is $0 and their total compensation is $928,177.


Official website here: www.mnhospitals.org

What is the revenue of Minnesota Hospital Foundation?

Minnesota Hospital Foundation's revenue in 2023 was $1,140,536.


Official website here: www.mnhospitals.org

Who are the executives of Minnesota Hospital Foundation and what are their salaries?

There 8 volunteers at Minnesota Hospital Foundation.

Here are 12 key members and their salaries (Minnesota Hospital Foundation's CEO's salary is $0 and their total compensation is $928,177):


Rahul Koranne (President/Ceo)
  • Compensation: $0
  • Related: $893,647
  • Other: $34,530
Steven Underdahl (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Hereford (Chair Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachelle Schultz (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Olson (Ex-Officio Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Herman (Standing Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sara Criger (Standing Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Croston (Standing Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Ruberg (Regional Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Slowinske (Standing Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Halena Gazelka (Standing Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patti Banks (Standing Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mnhospitals.org

Where can I find the form 990 for Minnesota Hospital Foundation?

Minnesota Hospital Foundation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.mnhospitals.org

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

Mission Statement of Minnesota Hospital Foundation

The Minnesota Hospital Foundation, a nonprofit organization, is committed to advancing individual and community health through leadership, advocacy, and collaboration. Their mission is centered around implementing strategies that focus on data-driven quality and safety improvement, education, research, training, and leadership. Their ultimate goal is to enhance the health of Minnesotans by making healthcare more affordable, increasing its accessibility, and improving the quality of patient care. The foundation continues to exist by seizing opportunities for research and analysis in the healthcare field, striving to make a significant impact in the lives of Minnesotans.

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Impact




October, 2024

The Minnesota Hospital Foundation plays a pivotal role in enhancing healthcare quality and accessibility across the state. By focusing on leadership, advocacy, and collaboration, it aims to advance both individual and community health outcomes. The foundation implements research and analysis initiatives designed to make healthcare more affordable and accessible, ensuring that all Minnesotans can benefit from high-quality medical services.

Through data-driven quality and safety improvements, the foundation educates healthcare professionals and empowers communities with the knowledge and training necessary to improve patient care. This commitment not only elevates the standard of healthcare in the region but also fosters a collaborative environment where innovative solutions can thrive. The foundation's impact can be seen in its ability to steer strategic initiatives that lead to better health outcomes, ultimately enhancing the overall well-being of the people of Minnesota.




This information is meant to be a general summary of Minnesota Hospital 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
$1,140,536 (2023)
Expenses
$12,729 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $140,536
  • Gross Receipts: $1,140,536

Assets and Liabilities:

  • Total Assets: $2,764,800
  • Total Liabilities: $7,260
  • Net Assets: $2,757,540

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Organization Details

Founding Year

1993

Principal Officer

Rahul Koranne

NTEE Category

Code: T30 - Philanthropy

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