Mayo Clinic Group Return

Health care organization based in Rochester, MN. 65,470 employees. Exempt under §501(c)(3).

MissionTO INSPIRE HOPE AND CONTRIBUTE TO HEALTH AND WELL-BEING BY PROVIDING THE BEST CARE TO EVERY PATIENT THROUGH INTEGRATED CLINICAL PRACTICE, EDUCATION, AND RESEARCH.

EIN
38-3952644
State
MN
Sector
Health care
Budget band
$50M+
Latest filing
TY 2024
Records
110 officers · 6 years

Financial snapshot · TY 2024

$14.9B
Total revenue
$14.3B
Total expenses
$17.9B
Net assets

Financial health · TY 2024

55
Moderate financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
36
6.4 months of expenses
Program efficiency
88
85.1% spent on programs
Revenue diversity
26
Mix of program fees, grants & contributions

Leadership compensation

Farrugia Md Gianrico
DIRECTOR/CEO/PRESIDENT
$4,888,096
100th percentile vs. peers
Thielen Md Kent R
DIRECTOR/CHAIR/CEO FL
$3,206,799
100th percentile vs. peers
Gray Md Richard J
DIR/CHAIR/CEO AZ/FORMER KEY
$3,202,023
100th percentile vs. peers
Williams Md Amy W
DIR/VICE CHAIR/EXEC DEAN OF PRACTICE
$2,328,769
100th percentile vs. peers
Zorn Christina K
DIR/CAO/FORMER OFFICER
$2,169,564
100th percentile vs. peers

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Mayo Clinic Group Return Executive Compensation | 990 Data | DoubleNine