Nonprofit · EIN 45-4109041
RIDGEVIEW INSURANCE COMPANY
Tax-exempt · WACONIA, MN 55387
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $7,571,406 | $3,898,562 | $3,672,844 | $15,445,492 | $783,578 | $14,661,914 |
| December 31, 2023 | 990 | $680,961 | $5,771,648 | -$5,090,687 | $12,090,898 | $847,364 | $11,243,534 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $6,073,954
- Investment income
- $1,497,452
- Net gain from sales of assets
- $1,032,102
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $1,213
- Accounting fees
- $17,841
- Program services (functional)
- $3,790,912
- Management and general (functional)
- $107,650
Balance sheet and other
- Total assets, start of year
- $12,090,898
- Total assets, end of year
- $15,445,492
- Total liabilities, end of year
- $783,578
- Net assets, end of year
- $14,661,914
- Publicly traded securities
- $11,342,787
- Gross receipts
- $17,469,680
- Employees
- 0
- Volunteers
- 2
- Year formed
- 2011
- State of legal domicile
- UT
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MICHAEL PHELPS | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $1,131,592 | $93,249 |
| AARON BLOOMQUIST | TREASURER Trustee or director, Officer | 1 | $0 | $823,518 | $72,054 |
| BRENT WORDELMAN | PRESIDENT Trustee or director, Officer | 2 | $0 | $253,461 | $46,924 |
| KEN BIRRELL | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| TEMPE ROBINS | ASSISTANT SECRETARY Officer | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MICHAEL PHELPS | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $1,117,159 | $89,808 |
| AARON BLOOMQUIST | TREASURER Trustee or director, Officer | 1 | $0 | $606,487 | $81,944 |
| BRENT WORDELMAN | PRESIDENT Trustee or director, Officer | 2 | $0 | $249,426 | $44,529 |
| KEN BIRRELL | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| TEMPE ROBINS | ASSISTANT SECRETARY Officer | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 500 S MAPLE ST, WACONIA, MN 55387-1752
- In care of
- % GORDON GABLENZ
- Principal officer (990 for 2024)
- MICHAEL PHELPS, 500 SOUTH MAPLE STREET, WACONIA, MN 55387
- Signed the 990
- AARON BLOOMQUIST, CFO
- Phone
- (952) 442-2191
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
RIDGEVIEW INSURANCE COMPANY EXISTS TO INSURE THE RISKS OF RIDGEVIEW MEDICAL CENTER AND ITS SUBSIDIARIES AND AFFILIATES.
Program accomplishments
- PROVIDE STOP LOSS INSURANCE COVERAGE FOR RIDGEVIEW MEDICAL CENTER'S SELF-FUNDED HEALTH INSURANCE TO INSURE THE RISKS OF RIDGEVIEW MEDICAL CENTER AND ITS SUBSIDIARIES AND AFFILIATES.RIDGEVIEW MEDICAL CENTER IS AN INDEPENDENT, NONPROFIT, REGIONAL HEALTH CARE SYSTEM SERVING THE SOUTHWEST METRO REGION OF THE TWIN CITIES. ITS NETWORK INCLUDES THREE HOSPITALS - LOCATED IN WACONIA, ARLINGTON AND LE SUEUR - A MULTITUDE OF PRIMARY AND SPECIALTY CARE CLINICS, EMERGENCY SERVICES AND SPECIALTY PROGRAMS, INDEPENDENT LIVING APARTMENTS AND TWO TWELVE MEDICAL CENTER IN CHASKA - A FREE-STANDING 24/7 EMERGENCY AND URGENT CARE FACILITY WITH MULTISPECIALTY CLINICS AND SERVICES.Expenses $3,790,912 · revenue $6,073,954
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 45-4109041
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E800)
- Assets (IRS master file)
- $15,445,492
- Income (IRS master file)
- $17,469,680
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $7,571,406 | $3,898,562 | $15,445,492 | XML |
| 990 | December 2023 | $680,961 | $5,771,648 | $12,090,898 | XML |
| 990 | December 2022 | $6,005,320 | $3,831,485 | $16,773,903 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 45-4109041).
Questions about RIDGEVIEW INSURANCE COMPANY
- What is the EIN of RIDGEVIEW INSURANCE COMPANY?
- The employer identification number (EIN) of RIDGEVIEW INSURANCE COMPANY is 45-4109041.
- Is RIDGEVIEW INSURANCE COMPANY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to RIDGEVIEW INSURANCE COMPANY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does RIDGEVIEW INSURANCE COMPANY file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of RIDGEVIEW INSURANCE COMPANY due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did RIDGEVIEW INSURANCE COMPANY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of RIDGEVIEW INSURANCE COMPANY?
- The 990 for the year ended December 31, 2024 names MICHAEL PHELPS.
- Who are the officers and directors of RIDGEVIEW INSURANCE COMPANY?
- The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does RIDGEVIEW INSURANCE COMPANY have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $7,571,406, expenses of $3,898,562 and total assets of $15,445,492 at year end.
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- CARVER COUNTY AGRICULTURAL SOCIETY EIN 41-0712101 · last filed 990 for 2025
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