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Employer Identification Number 41-0855367

OLMSTED MEDICAL CENTER is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:OLMSTED MEDICAL CENTER
Employer identification number (EIN):41-0855367
EIN Issuing AuthorityPhiladelphia, PA
NAIC Classification:622000
NAIC Description: Hospitals
401k Pension/Benefits registration OLMSTED MEDICAL CENTER 401k plan information
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code
State of IncorporationOklahoma, OK

Organization Overview

Mission StatementTHE DELIVERY OF EXCEPTIONAL PATIENT CARE FOCUSING ON CARING, QUALITY, SAFETY, AND SERVICE.
Number of Employees1497
Number of Volunteers90
Year Formed1949

Organization Governance

Legal DomicileMN
Voting Members - Governing Body11
Voting Members - Independent7

Organization Financials

2022-12-31
Total unrelated business incomeUSD $ 1,683,946
Net unrelated business incomeUSD $ 3,721
Program Service Revenue from prior yearUSD $ 250,760,048
Program Service Revenue from current yearUSD $ 255,962,007
Investment Income from prior yearUSD $ 1,452,649
Investment Income from current yearUSD $ 2,323,986
Other Revenue from prior yearUSD $ 7,170,527
Other Revenue from current yearUSD $ 357,509
Gross receipts from all sourcesUSD $ 263,714,793
Net assets / fund balances at end of fiscal yearUSD $ 232,371,095
Net assets / fund balances at beginning of fiscal yearUSD $ 233,270,335
Total liabilities at end of fiscal yearUSD $ 44,947,503
Total liabilities at beginning of fiscal yearUSD $ 45,804,282
Total assets at end of fiscal yearUSD $ 277,318,598
Total assets at beginning of fiscal yearUSD $ 279,074,617
Revenues less expenses for current yearUSD $ 3,923,198
Revenues less expenses for previous yearUSD $ 15,552,293
Total expenses for current yearUSD $ 254,800,158
Total expenses for previous yearUSD $ 243,985,728
Other expenses in current yearUSD $ 104,559,476
Other expenses in previous yearUSD $ 90,556,740
Total fundraising expenses in current yearUSD $ 655,878
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 150,056,988
Employee salary and benefits paid in previous yearUSD $ 153,276,217
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 183,694
Grants and similar amounts paid in previous yearUSD $ 152,771
Total revenue in current fiscal yearUSD $ 258,723,356
Total revenue in previous fiscal yearUSD $ 259,538,021
Contributions and grants from current yearUSD $ 79,854
Contributions and grants from previous yearUSD $ 154,797
Cost of goods soldUSD $ 17,457
Gross sales of inventory assetsUSD $ 32,813
Total of other revenueUSD $ 270,110
2021-12-31
Total unrelated business incomeUSD $ 1,116,907
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 220,008,234
Program Service Revenue from current yearUSD $ 250,760,048
Investment Income from prior yearUSD $ 989,795
Investment Income from current yearUSD $ 1,452,649
Other Revenue from prior yearUSD $ 8,373,474
Other Revenue from current yearUSD $ 7,170,524
Gross receipts from all sourcesUSD $ 263,063,260
Net assets / fund balances at end of fiscal yearUSD $ 233,270,335
Net assets / fund balances at beginning of fiscal yearUSD $ 216,008,453
Total liabilities at end of fiscal yearUSD $ 45,804,282
Total liabilities at beginning of fiscal yearUSD $ 42,130,488
Total assets at end of fiscal yearUSD $ 279,074,617
Total assets at beginning of fiscal yearUSD $ 258,138,941
Revenues less expenses for current yearUSD $ 15,552,293
Revenues less expenses for previous yearUSD $ 1,012,289
Total expenses for current yearUSD $ 243,985,725
Total expenses for previous yearUSD $ 228,525,137
Other expenses in current yearUSD $ 92,459,104
Other expenses in previous yearUSD $ 88,434,824
Total fundraising expenses in current yearUSD $ 623,267
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 151,373,850
Employee salary and benefits paid in previous yearUSD $ 139,859,359
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 152,771
Grants and similar amounts paid in previous yearUSD $ 230,954
Total revenue in current fiscal yearUSD $ 259,538,018
Total revenue in previous fiscal yearUSD $ 229,537,426
Contributions and grants from current yearUSD $ 154,797
Contributions and grants from previous yearUSD $ 165,923
Cost of goods soldUSD $ 15,171
Gross sales of inventory assetsUSD $ 25,960
Total of other revenueUSD $ 7,080,649
2020-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 219,441,670
Program Service Revenue from current yearUSD $ 220,008,234
Investment Income from prior yearUSD $ 7,815,982
Investment Income from current yearUSD $ 989,795
Other Revenue from prior yearUSD $ 695,933
Other Revenue from current yearUSD $ 8,373,474
Gross receipts from all sourcesUSD $ 230,393,778
Net assets / fund balances at end of fiscal yearUSD $ 216,008,453
Net assets / fund balances at beginning of fiscal yearUSD $ 214,100,199
Total liabilities at end of fiscal yearUSD $ 42,130,488
Total liabilities at beginning of fiscal yearUSD $ 64,529,241
Total assets at end of fiscal yearUSD $ 258,138,941
Total assets at beginning of fiscal yearUSD $ 278,629,440
Revenues less expenses for current yearUSD $ 1,012,289
Revenues less expenses for previous yearUSD $ 9,602,969
Total expenses for current yearUSD $ 228,525,137
Total expenses for previous yearUSD $ 218,505,274
Other expenses in current yearUSD $ 88,434,824
Other expenses in previous yearUSD $ 84,924,855
Total fundraising expenses in current yearUSD $ 703,703
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 139,859,359
Employee salary and benefits paid in previous yearUSD $ 133,342,971
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 230,954
Grants and similar amounts paid in previous yearUSD $ 237,448
Total revenue in current fiscal yearUSD $ 229,537,426
Total revenue in previous fiscal yearUSD $ 228,108,243
Contributions and grants from current yearUSD $ 165,923
Contributions and grants from previous yearUSD $ 154,658
Cost of goods soldUSD $ 13,898
Gross sales of inventory assetsUSD $ 31,437
Total of other revenueUSD $ 8,276,687
2019-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ -12,996
Program Service Revenue from prior yearUSD $ 213,507,780
Program Service Revenue from current yearUSD $ 219,441,670
Investment Income from prior yearUSD $ 2,990,658
Investment Income from current yearUSD $ 7,815,982
Other Revenue from prior yearUSD $ 862,833
Other Revenue from current yearUSD $ 695,933
Gross receipts from all sourcesUSD $ 285,499,753
Net assets / fund balances at end of fiscal yearUSD $ 214,100,199
Net assets / fund balances at beginning of fiscal yearUSD $ 206,474,116
Total liabilities at end of fiscal yearUSD $ 64,529,241
Total liabilities at beginning of fiscal yearUSD $ 72,518,565
Total assets at end of fiscal yearUSD $ 278,629,440
Total assets at beginning of fiscal yearUSD $ 278,992,681
Revenues less expenses for current yearUSD $ 9,602,969
Revenues less expenses for previous yearUSD $ 11,264,151
Total expenses for current yearUSD $ 218,505,274
Total expenses for previous yearUSD $ 206,158,164
Other expenses in current yearUSD $ 84,924,855
Other expenses in previous yearUSD $ 78,756,564
Total fundraising expenses in current yearUSD $ 813,678
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 133,342,971
Employee salary and benefits paid in previous yearUSD $ 127,150,186
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 237,448
Grants and similar amounts paid in previous yearUSD $ 251,414
Total revenue in current fiscal yearUSD $ 228,108,243
Total revenue in previous fiscal yearUSD $ 217,422,315
Contributions and grants from current yearUSD $ 154,658
Contributions and grants from previous yearUSD $ 61,044
Cost of goods soldUSD $ 10,415
Gross sales of inventory assetsUSD $ 53,366
Total of other revenueUSD $ 574,484
2018-12-31
Total unrelated business incomeUSD $ 520,385
Net unrelated business incomeUSD $ -10,961
Program Service Revenue from prior yearUSD $ 202,017,916
Program Service Revenue from current yearUSD $ 213,507,780
Investment Income from prior yearUSD $ 2,127,688
Investment Income from current yearUSD $ 2,990,658
Other Revenue from prior yearUSD $ 1,374,194
Other Revenue from current yearUSD $ 862,833
Gross receipts from all sourcesUSD $ 223,238,658
Net assets / fund balances at end of fiscal yearUSD $ 206,474,116
Net assets / fund balances at beginning of fiscal yearUSD $ 198,367,607
Total liabilities at end of fiscal yearUSD $ 72,518,565
Total liabilities at beginning of fiscal yearUSD $ 73,118,011
Total assets at end of fiscal yearUSD $ 278,992,681
Total assets at beginning of fiscal yearUSD $ 271,485,618
Revenues less expenses for current yearUSD $ 11,264,151
Revenues less expenses for previous yearUSD $ 10,921,036
Total expenses for current yearUSD $ 206,158,164
Total expenses for previous yearUSD $ 195,083,098
Other expenses in current yearUSD $ 78,756,564
Other expenses in previous yearUSD $ 74,546,855
Total fundraising expenses in current yearUSD $ 663,969
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 127,150,186
Employee salary and benefits paid in previous yearUSD $ 120,201,515
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 251,414
Grants and similar amounts paid in previous yearUSD $ 334,728
Total revenue in current fiscal yearUSD $ 217,422,315
Total revenue in previous fiscal yearUSD $ 206,004,134
Contributions and grants from current yearUSD $ 61,044
Contributions and grants from previous yearUSD $ 484,336
Cost of goods soldUSD $ 10,511
Gross sales of inventory assetsUSD $ 50,259
Total of other revenueUSD $ 744,670
2017-12-31
Total unrelated business incomeUSD $ 382,911
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 201,908,489
Program Service Revenue from current yearUSD $ 202,017,916
Investment Income from prior yearUSD $ 2,019,980
Investment Income from current yearUSD $ 2,127,688
Other Revenue from prior yearUSD $ 943,366
Other Revenue from current yearUSD $ 1,374,194
Gross receipts from all sourcesUSD $ 209,067,223
Net assets / fund balances at end of fiscal yearUSD $ 198,367,607
Net assets / fund balances at beginning of fiscal yearUSD $ 184,022,625
Total liabilities at end of fiscal yearUSD $ 73,118,011
Total liabilities at beginning of fiscal yearUSD $ 75,252,489
Total assets at end of fiscal yearUSD $ 271,485,618
Total assets at beginning of fiscal yearUSD $ 259,275,114
Revenues less expenses for current yearUSD $ 10,921,036
Revenues less expenses for previous yearUSD $ 21,489,366
Total expenses for current yearUSD $ 195,083,098
Total expenses for previous yearUSD $ 183,779,529
Other expenses in current yearUSD $ 74,546,855
Other expenses in previous yearUSD $ 68,308,885
Total fundraising expenses in current yearUSD $ 698,223
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 120,201,515
Employee salary and benefits paid in previous yearUSD $ 114,972,841
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 334,728
Grants and similar amounts paid in previous yearUSD $ 497,803
Total revenue in current fiscal yearUSD $ 206,004,134
Total revenue in previous fiscal yearUSD $ 205,268,895
Contributions and grants from current yearUSD $ 484,336
Contributions and grants from previous yearUSD $ 397,060
Cost of goods soldUSD $ 32,190
Gross sales of inventory assetsUSD $ 56,596
Total of other revenueUSD $ 1,282,289
2016-12-31
Total unrelated business incomeUSD $ 454,520
Net unrelated business incomeUSD $ -28,260
Program Service Revenue from prior yearUSD $ 190,282,864
Program Service Revenue from current yearUSD $ 201,908,489
Investment Income from prior yearUSD $ 1,544,128
Investment Income from current yearUSD $ 2,019,980
Other Revenue from prior yearUSD $ 1,418,181
Other Revenue from current yearUSD $ 943,366
Gross receipts from all sourcesUSD $ 218,256,950
Net assets / fund balances at end of fiscal yearUSD $ 184,022,625
Net assets / fund balances at beginning of fiscal yearUSD $ 161,872,110
Total liabilities at end of fiscal yearUSD $ 75,252,489
Total liabilities at beginning of fiscal yearUSD $ 74,674,577
Total assets at end of fiscal yearUSD $ 259,275,114
Total assets at beginning of fiscal yearUSD $ 236,546,687
Revenues less expenses for current yearUSD $ 21,489,366
Revenues less expenses for previous yearUSD $ 15,072,587
Total expenses for current yearUSD $ 183,779,529
Total expenses for previous yearUSD $ 179,278,744
Other expenses in current yearUSD $ 68,308,885
Other expenses in previous yearUSD $ 68,730,178
Total fundraising expenses in current yearUSD $ 687,251
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 114,972,841
Employee salary and benefits paid in previous yearUSD $ 110,094,763
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 497,803
Grants and similar amounts paid in previous yearUSD $ 453,803
Total revenue in current fiscal yearUSD $ 205,268,895
Total revenue in previous fiscal yearUSD $ 194,351,331
Contributions and grants from current yearUSD $ 397,060
Contributions and grants from previous yearUSD $ 1,106,158
Cost of goods soldUSD $ 37,008
Gross sales of inventory assetsUSD $ 57,046
Total of other revenueUSD $ 853,882
2014-12-31
Total unrelated business incomeUSD $ 100,709
Net unrelated business incomeUSD $ -33,103
Program Service Revenue from prior yearUSD $ 181,842,362
Program Service Revenue from current yearUSD $ 182,483,969
Investment Income from prior yearUSD $ 1,571,512
Investment Income from current yearUSD $ 1,157,747
Other Revenue from prior yearUSD $ 3,315,664
Other Revenue from current yearUSD $ 1,568,327
Gross receipts from all sourcesUSD $ 197,733,984
Net assets / fund balances at end of fiscal yearUSD $ 147,775,719
Net assets / fund balances at beginning of fiscal yearUSD $ 135,065,594
Total liabilities at end of fiscal yearUSD $ 79,202,650
Total liabilities at beginning of fiscal yearUSD $ 83,532,410
Total assets at end of fiscal yearUSD $ 226,978,369
Total assets at beginning of fiscal yearUSD $ 218,598,004
Revenues less expenses for current yearUSD $ 12,210,536
Revenues less expenses for previous yearUSD $ 14,405,724
Total expenses for current yearUSD $ 175,739,008
Total expenses for previous yearUSD $ 174,869,874
Other expenses in current yearUSD $ 66,508,964
Other expenses in previous yearUSD $ 64,957,815
Total fundraising expenses in current yearUSD $ 407,402
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 108,702,045
Employee salary and benefits paid in previous yearUSD $ 109,446,281
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 527,999
Grants and similar amounts paid in previous yearUSD $ 465,778
Total revenue in current fiscal yearUSD $ 187,949,544
Total revenue in previous fiscal yearUSD $ 189,275,598
Contributions and grants from current yearUSD $ 2,739,501
Contributions and grants from previous yearUSD $ 2,546,060
Total of other revenueUSD $ 1,491,842

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 410855367

USA Mailing Address
1650 FOURTH STREET SE
ROCHESTER
MN
55904
Date first seen: 2007-01-01
Date last seen: 2024-09-30
USA Location Address
1650 FOURTH STREET SE
ROCHESTER
MN
55904
Date first seen: 2007-01-01
Date last seen: 2024-09-30

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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