Civic Intelligence

Ridgeview Foundation

990 • Fiscal year 2021 • EIN 41-1328097

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 11, 2022

500 South Maple StreetWaconia, MN 55387

(952) 442-6010

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

17th percentile

0.02x

Higher debt load relative to assets than 17% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Liabilities / Revenue

25th percentile

0.10x

Higher debt load relative to revenue than 25% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Net Margin

88th percentile

53%

Higher net margin than 88% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Top Officer Pay

95th percentile

$1,266,399

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 28.4% of source-year revenue.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Asset Growth

56th percentile

12%

Faster asset growth than 56% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Revenue Growth

64th percentile

24%

Faster revenue growth than 64% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Assets

Up

$25,209,433

Up $2,749,017 (+12%) from 2020

Net Assets

Up

$24,767,470

Up $2,567,489 (+12%) from 2020

Liabilities

Up

$441,963

Up $181,528 (+70%) from 2020

Revenue

Up

$4,458,524

Up $857,372 (+24%) from 2020

Expenses

Up

$2,085,409

Up $173,763 (+9.1%) from 2020

Net Income

Up

$2,373,115

Up $683,609 (+40%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2010: $7,782,936Liabilities 2010: $1,200Net Assets 2010: $7,781,7362010Assets 2011: $8,545,416Liabilities 2011: $248,746Net Assets 2011: $8,296,6702011Assets 2012: $8,561,954Liabilities 2012: $342,996Net Assets 2012: $8,218,9582012Assets 2013: $12,100,156Liabilities 2013: $288,738Net Assets 2013: $11,811,4182013Assets 2014: $12,752,859Liabilities 2014: $400,338Net Assets 2014: $12,352,5212014Assets 2015: $14,558,175Liabilities 2015: $972,894Net Assets 2015: $13,585,2812015Assets 2016: $14,906,384Liabilities 2016: $895,797Net Assets 2016: $14,010,5872016Assets 2017: $20,536,854Liabilities 2017: $1,563,039Net Assets 2017: $18,973,8152017Assets 2018: $18,702,001Liabilities 2018: $433,239Net Assets 2018: $18,268,7622018Assets 2019: $19,315,628Liabilities 2019: $243,464Net Assets 2019: $19,072,1642019Assets 2020: $22,460,416Liabilities 2020: $260,435Net Assets 2020: $22,199,9812020Assets 2021: $25,209,433Liabilities 2021: $441,963Net Assets 2021: $24,767,4702021Assets 2022: $22,122,176Liabilities 2022: $1,163,844Net Assets 2022: $20,958,3322022Assets 2023: $24,276,496Liabilities 2023: $615,193Net Assets 2023: $23,661,3032023Assets 2024: $26,685,497Liabilities 2024: $303,199Net Assets 2024: $26,382,2982024

Highlighted filing

2021

Assets$25,209,433
Liabilities$441,963
Net Assets$24,767,470

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $1,297,5482010Revenue 2011: $1,921,232Expenses 2011: $1,421,824Net Income 2011: $499,4082011Expenses 2012: $1,720,7882012Revenue 2013: $5,217,586Expenses 2013: $1,657,578Net Income 2013: $3,560,0082013Revenue 2014: $1,965,953Expenses 2014: $1,491,271Net Income 2014: $474,6822014Revenue 2015: $4,116,407Expenses 2015: $2,579,278Net Income 2015: $1,537,1292015Revenue 2016: $2,284,195Expenses 2016: $2,118,249Net Income 2016: $165,9462016Revenue 2017: $6,447,289Expenses 2017: $2,265,081Net Income 2017: $4,182,2082017Revenue 2018: $4,950,683Expenses 2018: $2,655,647Net Income 2018: $2,295,0362018Revenue 2019: $3,153,511Expenses 2019: $3,893,426Net Income 2019: -$739,9152019Revenue 2020: $3,601,152Expenses 2020: $1,911,646Net Income 2020: $1,689,5062020Revenue 2021: $4,458,524Expenses 2021: $2,085,409Net Income 2021: $2,373,1152021Revenue 2022: $2,158,199Expenses 2022: $2,763,503Net Income 2022: -$605,3042022Revenue 2023: $4,132,970Expenses 2023: $2,775,850Net Income 2023: $1,357,1202023Revenue 2024: $7,080,951Expenses 2024: $3,296,274Net Income 2024: $3,784,6772024

Highlighted filing

2021

Revenue$4,458,524
Expenses$2,085,409
Net Income$2,373,115
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 11, 2022
Return Version
2021v4.2
Gross Receipts
$4,837,395
Mission and Program Overview

Mission

Ridgeview foundation is an independent nonprofit organization that partners with ridgeview medical center in its mission to make a positive difference in the quality of life and health for the people of our area.

To make a positive difference in the quality of life and health for the people of our area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$14,012,258$17,442,881▲ $3,430,623
Cash and Non-Interest-Bearing Accounts$1,571,762$1,646,932▲ $75,170
Pledges and Grants Receivable$905,929$850,029▼ $55,900
Savings and Temporary Cash Investments$1,580,177$489,169▼ $1,091,008
Accounts Receivable$56,857$65,857▲ $9,000
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$22,460,416$25,209,433▲ $2,749,017
Other Assets Total$4,333,433$4,714,565▲ $381,132
Liabilities
Accounts Payable and Accrued Expenses$260,435$240,500▼ $19,935
Other Liabilities$0$201,463▲ $201,463
Total Liabilities$260,435$441,963▲ $181,528
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$14,417,486$16,483,367▲ $2,065,881
Net Assets With Donor Restrictions$7,782,495$8,284,103▲ $501,608
Total Net Assets Fund Balance$22,199,981$24,767,470▲ $2,567,489
Total Liabilities and Net Assets / Fund Balance$22,460,416$25,209,433▲ $2,749,017

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$9,697$9,697
Other Assets Org$4,310,542--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$6,107,027$526,558▲ $287,550$287,550$6,633,585
2020$6,081,425$25,602▲ $355,046$355,046$6,107,027
2019$6,041,811$39,614▲ $429,578$429,578$6,081,425
2018$7,474,066$10,773▲ $18,456$18,456$6,041,811
2017$7,461,924$12,142▲ $713,500$713,500$7,474,066
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jon CrowChairperson
Michael PhelpsPresident / CEO
Kathryn BarnesVice Chair
Brett ColbjornsenBoard Member
Brian BeniekBoard Member
Carla StrubleBoard Member
Chuck SpevacekBoard Member
Darla HolmgrenBoard Member
Dr Bruce HubbardBoard Member
Hans SiefkerBoard Member
Jean BullerBoard Member
John HayesBoard Member
Kevin KoemptgenBoard Member
Lindsey ThompsonBoard Member
Mark SteingasBoard Member
Mark UndestadBoard Member
Michael DrazanBoard Member
Mike BauerBoard Member
Nikki VanecekBoard Member
Ryan JohnsonBoard Member
Scott ManionBoard Member
Steve YetzerBoard Member
Tim FosterBoard Member
Tim SamuelsonBoard Member
Tim SchmidtBoard Member
Troy WerkBoard Member
David WindschitlBoard Memeber
Douglas StasekExecutive Director
Aaron BloomquistCFO
Jennifer TregarthenSecretary / Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,295,578
Program Service Revenue
$0
Investment Income
$1,400,058
Other Revenue
$-237,112
All Other Contributions
$2,185,427
Change in Net Assets
$2,373,115

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded7$546,383Fair Market Value
Other Non Cash Contri Table105$133,802Fair Market Value
Total Noncash Contributions112$680,185-

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,177,395
Revenue Not Reported on Financial Statements
$2,281,129
Revenue Not Reported on Form 990
$3,008,164
Other Revenue Adjustments
$2,176,442
Total Revenue per Audited Statements
$5,185,559
Total Revenue per Form 990
$4,458,524
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,806,226
Other Expenses$279,183
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,770,226--$1,770,226
Other Expenses$174,496--$174,496
Fees for Service Investment Mgmnt Fees-$104,687-$104,687
Grants to Domestic Individuals$36,000--$36,000
Total Functional Expenses$1,980,722$104,687$0$2,085,409

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,119,677
Total Expenses per Form 990$2,085,409
Expenses per Audited Statements$1,980,722
Expenses Not Reported on Form 990$1,138,955
Expenses Not Reported on Financial Statements$104,687
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Ridgeview Medical CenterWaconia, MN501(c)(3)Fundraising Support of Ridgeview Medical Center$1,688,581
Minnesota Valley Health CenterLe Sueur, MN501(c)(3)Fundraising Support of Minnesota Valley Health Center$47,943
Sibley Medical CenterArlington, MN501(c)(3)Fundraising Support of Sibley Medical Center$33,702
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$329,084
Fundraising Gross Income$99,359
Gaming Direct Expenses$49,787
Gaming Gross Income$42,400
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$302,809$38,101$184,615$-146,514
Casino Night$739,647$11,780$23,221$-11,441
Total Events$1,209,510$99,359$329,084$-229,725
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Ridgeview Medical Center$201,463
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 1A

The board of directors of the foundation designated seven board members as an executive committee. The executive committee acts only during intervals between meetings of the board of directors of the foundation and is at all times subject to the control and direction of the board of directors of the foundation. During such intervals and subject to such control and direction, the executive committee has all of the authority and power of the board of directors of the foundation in the management of the business of the foundation, subject to such limitations as the board of directors of the foundation may impose from time to time.

Form 990, Part VI, Section A, Line 3

All management services are provided by ridgeview medical center.

Form 990, Part VI, Section A, Line 6

Ridgeview medical center is the sole member of ridgeview foundation.

Form 990, Part VI, Section A, Line 7A

Each person elected by the board of directors of ridgeview foundation is ratified or rejected by the board of directors of ridgeview medical center, the foundation's sole member.

Form 990, Part VI, Section A, Line 7B

In addition to the appointment of directors to the board of directors of ridgeview foundation, amendments to the articles of incorporation or bylaws of the foundation require approval of ridgeview medical center, the sole member.

Form 990, Part VI, Section B, Line 11B

The cfo reviewed the form 990 and provided copies to the board of directors prior to filing.

Form 990, Part VI, Section B, Line 12C

The board members annually review and sign the statements for potential conflicts of interest policy. Each member is expected to disclose any conflict of interest that may arise during the year. If it is determined that a conflict of interest exists, the situation will be examined and handled appropriately by the board.

Form 990, Part VI, Section B, Line 15

Ridgeview foundation does not compensate its officers or board members. Any compensation received by those individuals is determined by ridgeview medical center, the foundation's parent.

Form 990, Part VI, Section C, Line 19

Ridgeview foundation's financial statements, governing documents and conflict of interest policy are available upon request.

Filing and Contact Details

Filer

Filer Name
Ridgeview Foundation
EIN
41-1328097
Phone
9524426010
Address
500 SOUTH MAPLE STREET, WACONIA, MN 55387

Signing Officer

Name
Aaron Bloomquist
Title
CFO
Phone
9524426010
Signed
2022-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Phelps
Formed
1978
Legal Domicile
Mn
Voting Board Members
27
Independent Board Members
27
Employees
0
Volunteers
84

Preparer

Firm
Cliftonlarsonallen Llp
Address
220 S 6TH STREET SUITE 300, MINNEAPOLIS, MN 55402
Preparer
Darryn Mcgarvey
Phone
6123764500
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The process for oversight and selection of the independent accountant has not change from the prior year.

Financial Statement Notes

PART V, LINE 4:

The earning from the endowment funds are intended to be used for the benefit of ridgeview medical center, a not-for-profit hospital in waconia, minnesota.

PART X, LINE 2:

The foundation has received notification that it qualifies as a tax-exempt organization under section 501(c)(3) of the u.s. Internal revenue code and corresponding provisions of state law and, accordingly, is not subject to federal or state income taxes. However, any unrelated business income may be subject to taxation. During 2010, the foundation requested and was approved to reclassify from 509(a)(3) status to 509(a)(1) and 170(b)(1)(a)(vi) status with the internal revenue service. The foundation has elected to adopt guidance in the income tax standard regarding the recognition and measurement of uncertain tax positions. The foundation follows the accounting standard for contingencies for evaluating uncertain tax positions. The adoption of this standard had no effect on the financial statements.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Net assets released from restriction 1,724,581. Fundraising event expenses 329,084.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Restricted contributions 2,151,181. Restricted interest income 12,582. Restricted realized gains on investments 12,679.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Fundraising event expenses 329,084.

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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt210
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt220
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt230
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt240
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt250
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt260
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt270
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt280
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt290
IRS990/Form990PartVIISectionAGrp/PersonNm0MICHAEL PHELPS
IRS990/Form990PartVIISectionAGrp/PersonNm1AARON BLOOMQUIST
IRS990/Form990PartVIISectionAGrp/PersonNm2DOUGLAS STASEK
IRS990/Form990PartVIISectionAGrp/PersonNm3JON CROW
IRS990/Form990PartVIISectionAGrp/PersonNm4KATHRYN BARNES
IRS990/Form990PartVIISectionAGrp/PersonNm5JENNIFER TREGARTHEN
IRS990/Form990PartVIISectionAGrp/PersonNm6MIKE BAUER
IRS990/Form990PartVIISectionAGrp/PersonNm7BRIAN BENIEK
IRS990/Form990PartVIISectionAGrp/PersonNm8JEAN BULLER
IRS990/Form990PartVIISectionAGrp/PersonNm9BRETT COLBJORNSEN
IRS990/Form990PartVIISectionAGrp/PersonNm10MICHAEL DRAZAN
IRS990/Form990PartVIISectionAGrp/PersonNm11TIM FOSTER
IRS990/Form990PartVIISectionAGrp/PersonNm12JOHN HAYES
IRS990/Form990PartVIISectionAGrp/PersonNm13DARLA HOLMGREN
IRS990/Form990PartVIISectionAGrp/PersonNm14DR BRUCE HUBBARD
IRS990/Form990PartVIISectionAGrp/PersonNm15RYAN JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm16KEVIN KOEMPTGEN
IRS990/Form990PartVIISectionAGrp/PersonNm17SCOTT MANION
IRS990/Form990PartVIISectionAGrp/PersonNm18HANS SIEFKER
IRS990/Form990PartVIISectionAGrp/PersonNm19TIM SAMUELSON
IRS990/Form990PartVIISectionAGrp/PersonNm20TIM SCHMIDT
IRS990/Form990PartVIISectionAGrp/PersonNm21CHUCK SPEVACEK
IRS990/Form990PartVIISectionAGrp/PersonNm22MARK STEINGAS
IRS990/Form990PartVIISectionAGrp/PersonNm23CARLA STRUBLE
IRS990/Form990PartVIISectionAGrp/PersonNm24LINDSEY THOMPSON
IRS990/Form990PartVIISectionAGrp/PersonNm25MARK UNDESTAD
IRS990/Form990PartVIISectionAGrp/PersonNm26TROY WERK
IRS990/Form990PartVIISectionAGrp/PersonNm27DAVID WINDSCHITL
IRS990/Form990PartVIISectionAGrp/PersonNm28NIKKI VANECEK
IRS990/Form990PartVIISectionAGrp/PersonNm29STEVE YETZER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt280
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt290
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1276340
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt2217379
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt280
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt290
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT / CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt2EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY / TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt19BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt20BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt21BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt22BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt23BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt24BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt25BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt26BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt27BOARD MEMEBER
IRS990/Form990PartVIISectionAGrp/TitleTxt28BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt29BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01978
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt01110151
IRS990/FundraisingDirectExpensesAmt0329084
IRS990/FundraisingGrossIncomeAmt099359
IRS990/GainOrLossGrp/SecuritiesAmt01076351
IRS990/GamingActivitiesInd01
IRS990/GamingDirectExpensesAmt049787
IRS990/GamingGrossIncomeAmt042400
IRS990/GoverningBodyVotingMembersCnt027
IRS990/GrantAmt01806226
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt036000
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt036000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt01770226
IRS990/GrantsToDomesticOrgsGrp/TotalAmt01770226
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt01076351
IRS990/GrossReceiptsAmt04837395
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt027
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt0323707
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0323707
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt014012258
IRS990/InvestmentsPubTradedSecGrp/EOYAmt017442881
IRS990/IRPDocumentCnt032
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt09697
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt09697
IRS990/LegalDomicileStateCd0MN
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0RIDGEVIEW FOUNDATION IS AN INDEPENDENT NONPROFIT ORGANIZATION THAT PARTNERS WITH RIDGEVIEW MEDICAL CENTER IN ITS MISSION TO MAKE A POSITIVE DIFFERENCE IN THE QUALITY OF LIFE AND HEALTH FOR THE PEOPLE OF OUR AREA.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt022199981
IRS990/NetAssetsOrFundBalancesEOYAmt024767470
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt01076351
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt01076351
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-229725
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-229725
IRS990/NetIncomeFromGamingGrp/ExclusionAmt0-7387
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt0-7387
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0194374
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt014417486
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt016483367
IRS990/NoncashContributionsAmt0680185
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt04333433
IRS990/OtherAssetsTotalGrp/EOYAmt04714565
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS EXPENSES
IRS990/OtherExpensesGrp/ProgramServicesAmt0174496
IRS990/OtherExpensesGrp/TotalAmt0174496
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt0201463
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0905929
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0850029
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0MICHAEL PHELPS
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt03293420
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01427646
IRS990/PYInvestmentIncomeAmt0435161
IRS990/PYOtherExpensesAmt0484000
IRS990/PYOtherRevenueAmt0-127429
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt01689506
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01911646
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03601152
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt02373115
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$26.7$0.30$26.4$7.08$3.30$3.78
2023Detailed filing. Detailed filing data is available for this year.$24.3$0.62$23.7$4.13$2.78$1.36
2022Detailed filing. Detailed filing data is available for this year.$22.1$1.16$21.0$2.16$2.76$0.61
2021Detailed filing. Detailed filing data is available for this year.$25.2$0.44$24.8$4.46$2.09$2.37
2020Detailed filing. Detailed filing data is available for this year.$22.5$0.26$22.2$3.60$1.91$1.69
2019Detailed filing. Detailed filing data is available for this year.$19.3$0.24$19.1$3.15$3.89$0.74
2018Detailed filing. Detailed filing data is available for this year.$18.7$0.43$18.3$4.95$2.66$2.30
2017Detailed filing. Detailed filing data is available for this year.$20.5$1.56$19.0$6.45$2.27$4.18
2016Detailed filing. Detailed filing data is available for this year.$14.9$0.90$14.0$2.28$2.12$0.17
2015Detailed filing. Detailed filing data is available for this year.$14.6$0.97$13.6$4.12$2.58$1.54
2014Detailed filing. Detailed filing data is available for this year.$12.8$0.40$12.4$1.97$1.49$0.47
2013Detailed filing. Detailed filing data is available for this year.$12.1$0.29$11.8$5.22$1.66$3.56
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.56$0.34$8.22$1.72
2011Summary only. Only limited summary data is available for this year.$8.55$0.25$8.30$1.92$1.42$0.50
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.78$0.00$7.78$1.30