Overview
What is Lakeview Memorial Hospital Association Inc?
Lakeview Memorial Hospital Association Inc, based in Minneapolis, Minnesota, is a nonprofit organization dedicated to addressing the healthcare needs of individuals, families, and communities within the St. Croix Valley. With a workforce of 1222 employees, they strive to make a positive impact in their community by providing essential healthcare services. The organization's mission is focused on delivering quality care, ensuring the wellbeing of those they serve.
Official website here: www.lakeview.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Lakeview Memorial Hospital Association Inc has received a high rating of 96%, indicating strong performance in accountability and finance. The organization excels in various metrics, showcasing a commitment to transparency and effective governance, as evidenced by its independent board members and comprehensive financial oversight.
The organization has effectively maintained a high program expense ratio of 89.50%, meaning a significant portion of its expenses directly supports its mission. Additionally, it has no material diversion of assets, reinforcing its reliability and ethical management practices. The presence of a whistleblower policy and other governance structures further emphasizes its commitment to accountability.
Despite the strong rating and positive aspects highlighted in the data, specific program outcomes or impact measures are not detailed. Prospective donors and stakeholders may benefit from additional information on the organization's direct impact in the community it serves. Overall, Lakeview Memorial Hospital Association Inc demonstrates a solid foundation of responsible financial practices and governance.
This AI summary has been generated from information found on Charity Navigator.
Is Lakeview Memorial Hospital Association Inc legitimate?
Lakeview Memorial Hospital Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lakeview Memorial Hospital Association 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: $1,128,919
Professional Fundraising Fees: $0
Other Salaries and Wages: $71,476,549
For more financial information, click here
Official website here: www.lakeview.org
What is the mission statement of Lakeview Memorial Hospital Association Inc?
Lakeview Memorial Hospital Association Inc is dedicated to addressing the healthcare requirements of individuals, families, and communities. Their mission is geared towards fulfilling the healthcare needs of these groups in an inclusive manner. The organization strives to make a positive impact on people's lives by providing essential healthcare services. While specific program accomplishments and achievements can be found in the exempt purpose and achievements document, the overarching goal remains to cater to the healthcare needs of those within their reach.
Official website here: www.lakeview.org
Who is the CEO of Lakeview Memorial Hospital Association Inc?
Douglas E Johnson is the Vice Chair & Director of Lakeview Memorial Hospital Association Inc.
Official website here: www.lakeview.org
What is the revenue of Lakeview Memorial Hospital Association Inc?
Lakeview Memorial Hospital Association Inc's revenue in 2022 was $167,380,081.
Official website here: www.lakeview.org
Who are the executives of Lakeview Memorial Hospital Association Inc and what are their salaries?
The average compensation at Lakeview Memorial Hospital Association Inc during 2022 was $59,415. There are 1222 employees and 80 volunteers at Lakeview Memorial Hospital Association Inc.
Here are 28 key members and their salaries:
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- Related: $321,958
- Other: $45,476
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- Related: $610,105
- Other: $103,510
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- Related: $371,054
- Other: $61,038
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- Related: $379,550
- Other: $46,122
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- Other: $104,404
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- Related: $637,051
- Other: $148,734
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- Related: $417,571
- Other: $62,630
- Compensation: $501,465
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- Other: $118,928
- Compensation: $246,031
- Related: $0
- Other: $47,355
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- Related: $486,746
- Other: $63,038
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- Related: $718,467
- Other: $195,651
- Compensation: $198,199
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- Other: $16,941
- Compensation: $263,065
- Related: $0
- Other: $48,334
- Compensation: $227,555
- Related: $0
- Other: $78,009
- Compensation: $237,311
- Related: $0
- Other: $46,899
- Compensation: $214,945
- Related: $0
- Other: $46,092
- Compensation: $222,974
- Related: $0
- Other: $34,264
- Compensation: $0
- Related: $271,300
- Other: $58,176
Official website here: www.lakeview.org
Where can I find the form 990 for Lakeview Memorial Hospital Association Inc?
Lakeview Memorial Hospital Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lakeview.org
Learn more at the official website: www.lakeview.org
Mission Statement of Lakeview Memorial Hospital Association Inc
Lakeview Memorial Hospital Association Inc is a dedicated organization with a mission to address the healthcare requirements of individuals, families, and communities in a comprehensive manner. By prioritizing the well-being of those they serve, this esteemed association works tirelessly to meet the diverse healthcare needs of the St. Croix Valley community.
Through its unwavering commitment, Lakeview Memorial Hospital Association Inc seeks to make a positive impact on the lives of countless individuals. By delivering essential healthcare services, this nonprofit organization ensures that those in need have access to the resources they require for optimal health and well-being. In doing so, Lakeview Memorial Hospital Association Inc fosters a stronger, healthier community, where every member can thrive and reach their full potential.
The organization's mission goes beyond merely providing healthcare services. Lakeview Memorial Hospital Association Inc is deeply invested in building and sustaining long-term relationships with the individuals and families it serves. By focusing on the unique needs of each community member, this nonprofit organization creates a supportive environment that nurtures healing, growth, and self-sufficiency.
In summary, Lakeview Memorial Hospital Association Inc plays a vital role in the St. Croix Valley community by addressing the healthcare needs of its residents. With a steadfast dedication to serving individuals, families, and communities, this remarkable organization is committed to fostering a healthier, more vibrant community where everyone has the opportunity to live their best lives.
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Impact
October, 2024
Lakeview Memorial Hospital Association Inc plays a crucial role in addressing the healthcare needs of individuals, families, and communities in the St. Croix Valley region. By offering a wide range of services, the hospital ensures that residents have access to essential medical care, fostering better health outcomes and enhancing the overall quality of life in the area.
The hospital's commitment to delivering healthcare extends beyond just treatment; it also encompasses preventive care, health education, and community outreach initiatives. These programs not only help to address immediate healthcare needs but also promote long-term wellness and health awareness among the population.
Through its efforts, Lakeview Memorial Hospital Association Inc contributes significantly to the local community's health infrastructure, supporting individuals in their healthcare journeys and strengthening the community as a whole. This holistic approach to health care meets the diverse needs of the St. Croix Valley, promoting inclusivity and accessibility while empowering residents to take charge of their health.
This information is meant to be a general summary of Lakeview Memorial Hospital Association 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: $432,299
- Program Service Revenue: $165,751,479
- Gross Receipts: $167,894,655
Assets and Liabilities:
- Total Assets: $119,076,419
- Total Liabilities: $19,692,478
- Net Assets: $99,383,941
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET PATIENT REVENUE
Revenue
$165,311,272
CAFETERIA
Revenue
$230,243
OTHER REVENUE
Revenue
$161,503
GIFT SHOP
Revenue
$48,461
Organization Details
Founding Year
1880
Phone
(952) 883-6584Principal Officer
Douglas E Johnson
Main Address
8170 33RD AVENUE SOUTH PO BOX 1309, MINNEAPOLIS, MN, 554401309
Website
www.lakeview.orgNTEE Category
Code: E22 - Health
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