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Nonprofiteer
← MINNEAPOLIS HEART INSTITUTE FOUNDATION

Form 990 for tax year 2023

Filed by MINNEAPOLIS HEART INSTITUTE FOUNDATION.

Totals

Total revenue
$14,336,467
Total expenses
$16,550,155
Contributions and grants received
$7,376,505
Grants paid
$95,308
Program services expenses (Part IX)
$11,117,577
Management and general expenses
$3,606,532
Fundraising expenses
$1,826,046
Program service expenses (Part III)
$11,117,577

Program services were 67.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • JEFFREY STEINLE

    CHAIR

    Total calculated
    $0
    Hours/week
    5

  • THOMAS GUNDERSON

    PAST CHAIR

    Total calculated
    $0
    Hours/week
    5

  • GREG GRAVES

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • BEN BACHE-WIIG MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MOSI BENNETT MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • CRAIG BENTDAHL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • CONLEY BROOKS JR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JULEEN CHRISTOPHER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • SARA CRIGER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • LARRY GETLIN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • SHARON HAWKINS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DAVID HURRELL MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • CAROL HUTTNER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • WILLIAM KATSIYIANNIS MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • JIM KING

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • GINNY KIRBY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • PATRICE KLOSS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • RICHARD MEYER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • LORI MILBRANDT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    6

  • MARC NEWELL MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • MICHAEL PETERSON MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • CHERI ROLNICK PHD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • RETU SAXENA MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • SCOTT SHARKEY MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    12

  • JAY TRAVERSE MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • ARIEL JOHNSON PHD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • BOBBY STEFFEN MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • BREE WILLIAMSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JOSEPH SCHWARTZ

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • FRANCES HOFFMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JOSH HOWELL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • KEVIN HARRIS MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • KRISTIN BOWLDS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • KRISTINE FORTMAN

    CHIEF EXECUTIVE OFFICER

    Total calculated
    $599,111
    From this org
    $470,269
    From related orgs
    $0
    Other
    $128,842
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $379,022
    Bonus
    $90,989
    Other
    $258
    Deferred
    $128,842
    Nontaxable benefits
    $0
    Filer's total
    $599,111

  • CHARLES ZAUGG

    CHIEF FINANCIAL OFFICER

    Total calculated
    $257,690
    From this org
    $199,059
    From related orgs
    $0
    Other
    $58,631
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $180,646
    Bonus
    $18,155
    Other
    $258
    Deferred
    $38,219
    Nontaxable benefits
    $20,412
    Filer's total
    $257,690

  • ROSS GARBERICH

    VICE PRESIDENT - SCIENTIFIC SERVICES

    Total calculated
    $240,554
    From this org
    $190,519
    From related orgs
    $0
    Other
    $50,035
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $173,984
    Bonus
    $16,481
    Other
    $54
    Deferred
    $35,982
    Nontaxable benefits
    $14,053
    Filer's total
    $240,554

  • LISA TINDELL

    VICE PRESIDENT - RESEARCH

    Total calculated
    $255,001
    From this org
    $212,413
    From related orgs
    $0
    Other
    $42,588
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $178,345
    Bonus
    $33,810
    Other
    $258
    Deferred
    $42,588
    Nontaxable benefits
    $0
    Filer's total
    $255,001

  • JESSE HICKS

    VICE PRESIDENT-ADVANCEMENT

    Total calculated
    $306,600
    From this org
    $258,597
    From related orgs
    $0
    Other
    $48,003
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $208,507
    Bonus
    $50,000
    Other
    $90
    Deferred
    $48,003
    Nontaxable benefits
    $0
    Filer's total
    $306,600

  • TAMARA O'BLACK

    SENIOR DIRECTOR, QUALITY

    Total calculated
    $243,978
    From this org
    $193,489
    From related orgs
    $0
    Other
    $50,489
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $176,051
    Bonus
    $17,300
    Other
    $138
    Deferred
    $36,436
    Nontaxable benefits
    $14,053
    Filer's total
    $243,978

  • JANET DICK

    CHIEF TALENT AND STRATEGY

    Total calculated
    $230,965
    From this org
    $194,576
    From related orgs
    $0
    Other
    $36,389
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $177,443
    Bonus
    $16,904
    Other
    $229
    Deferred
    $27,042
    Nontaxable benefits
    $9,347
    Filer's total
    $230,965

  • KRISTIN LAMBRECHT

    PROGRAM DIRECTOR - CIRC

    Total calculated
    $242,559
    From this org
    $188,281
    From related orgs
    $0
    Other
    $54,278
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $171,191
    Bonus
    $17,000
    Other
    $90
    Deferred
    $40,711
    Nontaxable benefits
    $13,567
    Filer's total
    $242,559

  • BAVANA RANGAN

    PROGRAM DIRECTOR - CCAD

    Total calculated
    $207,151
    From this org
    $177,679
    From related orgs
    $0
    Other
    $29,472
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $162,014
    Bonus
    $15,605
    Other
    $60
    Deferred
    $29,472
    Nontaxable benefits
    $0
    Filer's total
    $207,151

  • LARISSA STANBERRY

    DIRECTOR OF DATA SCIENCE

    Total calculated
    $208,753
    From this org
    $182,901
    From related orgs
    $0
    Other
    $25,852
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $166,811
    Bonus
    $16,000
    Other
    $90
    Deferred
    $25,366
    Nontaxable benefits
    $486
    Filer's total
    $208,753

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 4B
PARTICIPANTS IN A 457(F) PLAN INCLUDE THE FOLLOWING INDIVIDUALS: KRISTINE FORTMAN, CHARLES ZAUGG, TAMARA O'BLACK, JESSE HICKS, ROSS GARBERICH, LISA TINDELL, JANET DICK, AND CINDY RESMAN. TOTAL AMOUNTS CONTRIBUTED TO THE PLAN IN 2023 WERE AS FOLLOWS: KRISTINE FORTMAN: $37,852 CHARLES ZAUGG: $9,441 TAMARA O'BLACK: $9,000 JESSE HICKS: $10,400 ROSS GARBERICH: $8,900 LISA TINDELL: $8,892 JANET DICK: $0 CINDY RESMAN: $17,000 NO FUNDS WERE DISTRIBUTED FROM THE 457(F) PLAN IN 2023.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
4 October 2024
IRS schema version
2023v5.1
Source object
202422849349300027

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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