Overview
What is Lakewood Health Center?
Lakewood Health Center is a small, rural healthcare facility under the affiliation of CommonSpirit Health. They prioritize the healing ministry of the Church while upholding human dignity and social justice. Their continuum of care encompasses a physician clinic, acute care, residential care, and long-term care. The mission of Lakewood Health Center is to make God's healing presence known in the world by improving the health of the people they serve, particularly those who are vulnerable, while advocating for social justice for all.
Official website here: www.lakewoodhealthcenter.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Lakewood Health Center has earned a solid Three-Star rating from Charity Navigator, reflecting a commitment to accountability and financial transparency. The score is particularly strong in the Accountability & Finance category, where the organization achieved an impressive 81%. This rating indicates that the nonprofit effectively manages its resources, ensuring that a significant portion of its funds is directed towards its programs and services.
The organization's financial management is highlighted by excellent scores in various aspects, including a 91.33% program expense ratio, meaning the majority of its spending supports its mission. Additionally, it has received full points in critical governance practices, such as having comprehensive conflict of interest, whistleblower, and document retention policies. These practices demonstrate a robust framework for accountability, which can instill confidence among donors and stakeholders.
While Lakewood Health Center shows strong performance in financial oversight, the overall rating is solely based on accountability and finance, lacking consideration for other areas such as impact or community engagement. This singular focus may limit the understanding of the organization's overall effectiveness in achieving its mission beyond financial governance. Nevertheless, its high scores in key metrics suggest a well-managed organization dedicated to serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is Lakewood Health Center legitimate?
Lakewood Health Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lakewood Health Center submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $647,445
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,582,410
For more financial information, click here
Official website here: www.lakewoodhealthcenter.org
What is the mission statement of Lakewood Health Center?
Lakewood Health Center, as an affiliate of CommonSpirit Health, strives to make the healing presence of God known in the world by improving the health of the people they serve, with a particular focus on those who are vulnerable. Their mission is grounded in the Gospel and a commitment to emphasizing human dignity and social justice. Through various levels of care, including physician clinic, acute care, residential care, and long-term care, they work to create healthier communities, nurturing the healing ministry of the Church and advancing this mission through education and research.
Official website here: www.lakewoodhealthcenter.org
Who is the CEO of Lakewood Health Center?
Jeffry Stampohar is the President of Lakewood Health Center.
Official website here: www.lakewoodhealthcenter.org
What is the revenue of Lakewood Health Center?
Lakewood Health Center's revenue in 2022 was $15,666,121.
Official website here: www.lakewoodhealthcenter.org
Who are the executives of Lakewood Health Center and what are their salaries?
The average compensation at Lakewood Health Center during 2022 was $39,293. There are 184 employees and 15 volunteers at Lakewood Health Center.
Here are 15 key members and their salaries:
- Compensation: $0
- Related: $1,233,421
- Other: $51,903
- Compensation: $0
- Related: $813,683
- Other: $43,227
- Compensation: $0
- Related: $416,354
- Other: $49,105
- Compensation: $322,069
- Related: $0
- Other: $49,602
- Compensation: $165,489
- Related: $0
- Other: $46,889
- Compensation: $0
- Related: $172,992
- Other: $37,853
- Compensation: $141,350
- Related: $0
- Other: $30,878
- Compensation: $128,777
- Related: $0
- Other: $19,440
- Compensation: $121,283
- Related: $0
- Other: $23,511
- Compensation: $124,496
- Related: $0
- Other: $6,945
- Compensation: $126,136
- Related: $0
- Other: $4,559
- Compensation: $44,798
- Related: $0
- Other: $20,058
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.lakewoodhealthcenter.org
Where can I find the form 990 for Lakewood Health Center?
Lakewood Health Center's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lakewoodhealthcenter.org
Learn more at the official website: www.lakewoodhealthcenter.org
Mission Statement of Lakewood Health Center
Lakewood Health Center, an affiliate of CommonSpirit Health, is dedicated to making the healing presence of God known in the world by improving the health of the people they serve, with a particular focus on vulnerable populations. This compassionate institution embraces human dignity and social justice as it strives to create healthier communities. As a continuum of care facility, Lakewood Health Center comprises a physician clinic, acute care, residential care, and long-term care. Through its various services, the center nurtures the healing ministry of the Church by emphasizing education and research to provide comprehensive healthcare solutions.
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Impact
October, 2024
Lakewood Health Center significantly impacts the community by providing a comprehensive continuum of care that includes physician clinics, acute care, residential care, and long-term care in a rural and isolated setting. Located in Baudette, Minnesota, the center serves as a vital healthcare resource for local residents, particularly those who are vulnerable or face barriers to accessing medical services.
The facility emphasizes human dignity and social justice, which guides its mission to improve the health of the population it serves. By nurturing the healing ministry supported by education and research, Lakewood Health Center fosters healthier communities and ensures that all individuals, regardless of their circumstances, receive quality healthcare. This focus on creating equitable access to health services not only addresses immediate medical needs but also contributes to the overall well-being and resilience of the community.
This information is meant to be a general summary of Lakewood Health Center. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $474,138
- Program Service Revenue: $13,863,290
- Gross Receipts: $15,666,121
Assets and Liabilities:
- Total Assets: $16,442,011
- Total Liabilities: $4,162,793
- Net Assets: $12,279,218
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT SERVICES
Revenue
$13,858,620
RENTAL INCOME
Revenue
$4,670
Organization Details
Founding Year
1959
Phone
(218) 634-2120Principal Officer
Jeffry Stampohar
Main Address
600 MAIN AVENUE SOUTH, BAUDETTE, MN, 56623
Website
www.lakewoodhealthcenter.orgNTEE Category
Code: E22 - Health
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