Overview
What is Lake View Memorial Hospital Inc?
Lake View Memorial Hospital Inc, located in Two Harbors, is an integral part of St. Luke's system, delivering compassionate care and top-notch medical services to the residents of Lake County and its surrounding areas. Their mission is to lead the way in providing quality healthcare, dedicated to enhancing the wellbeing of their community.
Official website here: www.lvmhospital.com
What are the reviews and ratings of this charity?
Charity Navigator Rating 96% - Four-Star out of Four Star Rating
Lake View Memorial Hospital Inc has achieved a commendable Four-Star rating on Charity Navigator, indicating strong performance in accountability and finance. The organization scored exceptionally well in various areas, including having a majority of independent board members and effective oversight through its audit committee. This rating reflects their commitment to transparency and responsible financial management.
The financial metrics highlight that the hospital allocates a significant portion of its budget, approximately 87%, directly to programs, which is indicative of a mission-focused approach. Additionally, their liabilities to assets ratio is at a healthy 30.38%, suggesting sound financial stability. These strengths contribute to the organization's reputation as a reliable and effective nonprofit.
There are no noted limitations in the evaluation data, which underscores the organization's successful operational practices. Overall, Lake View Memorial Hospital Inc demonstrates a high level of accountability and financial health, making it a trustworthy entity for potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Lake View Memorial Hospital Inc legitimate?
Lake View Memorial Hospital Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake View Memorial Hospital Inc 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: $552,434
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,557,576
For more financial information, click here
Official website here: www.lvmhospital.com
What is the mission statement of Lake View Memorial Hospital Inc?
Lake View Memorial Hospital Inc is dedicated to delivering high-quality healthcare services to its community. As a part of St. Luke's system, the hospital offers compassionate care and advanced medical practices. Their mission is to make a positive impact on the health and well-being of the residents they serve. The hospital's commitment extends beyond medical treatment, with a focus on providing comfort and support to patients and their families. Lake View Memorial Hospital Inc strives to improve the overall health of its community and enhance the quality of life for its patients. Through collaboration with St. Luke's system, they aim to bring the latest healthcare advancements to their area.
Official website here: www.lvmhospital.com
Who is the CEO of Lake View Memorial Hospital Inc?
Greg Ruberg is the President/Ceo of Lake View Memorial Hospital Inc. The CEO's salary of Lake View Memorial Hospital Inc is $0 and their total compensation is $359,121.
Official website here: www.lvmhospital.com
What is the revenue of Lake View Memorial Hospital Inc?
Lake View Memorial Hospital Inc's revenue in 2022 was $24,788,142.
Official website here: www.lvmhospital.com
Who are the executives of Lake View Memorial Hospital Inc and what are their salaries?
The average compensation at Lake View Memorial Hospital Inc during 2022 was $48,274. There are 168 employees and 7 volunteers at Lake View Memorial Hospital Inc.
Here are 16 key members and their salaries (Lake View Memorial Hospital Inc's CEO's salary is $0 and their total compensation is $359,121):
- Compensation: $0
- Related: $1,010,981
- Other: $196,303
- Compensation: $171,160
- Related: $0
- Other: $22,153
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $867,010
- Other: $199,228
- Compensation: $0
- Related: $282,804
- Other: $76,317
- Compensation: $202,150
- Related: $0
- Other: $32,876
- Compensation: $204,751
- Related: $0
- Other: $22,072
- Compensation: $186,909
- Related: $0
- Other: $5,060
- Compensation: $133,466
- Related: $0
- Other: $10,078
- Compensation: $131,698
- Related: $0
- Other: $18,149
Official website here: www.lvmhospital.com
Where can I find the form 990 for Lake View Memorial Hospital Inc?
Lake View Memorial Hospital Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lvmhospital.com
Learn more at the official website: www.lvmhospital.com
Mission Statement of Lake View Memorial Hospital Inc
Lake View Memorial Hospital Inc, a prominent member of St. Luke's system, is committed to delivering high-quality healthcare services to the community in Two Harbors and its surroundings. This mission is driven by a deep sense of compassion, ensuring residents receive the best possible medical care. By being part of St. Luke's network, Lake View reinforces its dedication to providing top-notch medical practices that cater to the unique needs of its patient base.
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Impact
October, 2024
Lake View Memorial Hospital Inc plays a crucial role in the healthcare landscape of Lake County and the surrounding areas, primarily focusing on delivering quality healthcare services. As a key provider for residents of Two Harbors and the North Shore, the hospital is dedicated to offering compassionate care alongside high-standard medical practices. This commitment not only enhances the well-being of the local community but also fosters a sense of trust and reliability in healthcare access.
Through its affiliation with St. Luke's system, Lake View is able to leverage a broader network of resources and expertise, ensuring that the community receives comprehensive care tailored to its needs. By prioritizing both patient care and community health, Lake View Memorial Hospital contributes positively to the overall health outcomes for the population it serves, reinforcing its role as a cornerstone of healthcare in the region.
This information is meant to be a general summary of Lake View Memorial Hospital Inc. 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: $375,118
- Program Service Revenue: $23,812,304
- Gross Receipts: $25,196,933
Assets and Liabilities:
- Total Assets: $42,274,343
- Total Liabilities: $12,846,511
- Net Assets: $29,427,832
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET PATIENT SERVICES
Revenue
$23,553,965
OTHER ANCILLARY SERVICES
Revenue
$258,339
Organization Details
Founding Year
1955
Phone
(218) 834-7300Principal Officer
Greg Ruberg
Main Address
325 11TH AVENUE, TWO HARBORS, MN, 55616
Website
www.lvmhospital.comNTEE Category
Code: E22Z - Health
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