Overview
What is Lakeview Methodist Health Care Center?
Lakeview Methodist Health Care Center is a nonprofit organization situated in Fairmont, Minnesota. With a workforce of 211 individuals, its primary mission is to demonstrate God's love for the elderly and their families through a range of supportive services. The center offers skilled nursing care, providing both short-term stays with extensive rehabilitation services and long-term placements. Additionally, Lakeview houses a child day care center. During the fiscal year, the care center offered 20,613 inpatient service days. Furthermore, the organization manages an assisted living and housing unit specifically designed for the elderly.
Official website here: www.lakeviewmethodist.org
What are the reviews and ratings of this charity?
**Charity Navigator Rating: 84% (Three-Star out of Four Stars)**
Lakeview Methodist Health Care Center has earned a Three-Star rating from Charity Navigator, indicating a solid performance primarily in the area of Accountability and Finance. This score reflects the organization's commitment to maintaining a strong oversight structure, with 100% of its board members being independent and a robust audit process in place. However, it's important to note that the organization did not receive points for the posting of its tax form on its website, which could be a consideration for potential donors seeking transparency.
The organization shows financial health with a high program expense ratio of 90.17%, signifying that a significant portion of its expenditures is allocated directly to mission-oriented activities. This is further supported by effective governance practices, such as having documented conflict of interest policies and whistleblower protections in place. On the downside, the liabilities to assets ratio reflects a modest level of financial risk that may be worth monitoring.
User reviews from GreatNonprofits could not be retrieved, so there is no additional specific feedback from the public regarding their experiences with Lakeview Methodist Health Care Center. Overall, the charity demonstrates accountability and a strong focus on program delivery, though transparency efforts, particularly concerning financial documents, may need improvement.
This AI summary has been generated from information found on Charity Navigator.
Is Lakeview Methodist Health Care Center legitimate?
Lakeview Methodist Health Care Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lakeview Methodist Health Care 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: $161,636
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,519,916
For more financial information, click here
Official website here: www.lakeviewmethodist.org
What is the mission statement of Lakeview Methodist Health Care Center?
Lakeview Methodist Health Care Center's mission is centered around demonstrating God's love for older adults and their families. This is achieved through providing a continuum of life-enhancing supportive services. The organization's mission statement, in simpler terms, can be summarized as striving to improve the lives of older adults and their families by offering a range of supportive services, from skilled nursing care and short-term stays with extensive rehabilitation services, to long-term placements and child day care. During the fiscal year, Lakeview provided 20,613 inpatient service days, and also manages an assisted living and housing unit for the elderly.
Official website here: www.lakeviewmethodist.org
Who is the CEO of Lakeview Methodist Health Care Center?
Deborah M Barnes is the President of Lakeview Methodist Health Care Center.
Official website here: www.lakeviewmethodist.org
What is the revenue of Lakeview Methodist Health Care Center?
Lakeview Methodist Health Care Center's revenue in 2022 was $10,103,045.
Official website here: www.lakeviewmethodist.org
Who are the executives of Lakeview Methodist Health Care Center and what are their salaries?
The average compensation at Lakeview Methodist Health Care Center during 2022 was $22,187. There are 211 employees and 10 volunteers at Lakeview Methodist Health Care Center.
Here are 12 key members and their salaries:
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- Compensation: $95,266
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- Other: $4,092
- Compensation: $31,070
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- Other: $5,421
- Compensation: $44,870
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- Other: $1,902
Official website here: www.lakeviewmethodist.org
Where can I find the form 990 for Lakeview Methodist Health Care Center?
Lakeview Methodist Health Care Center's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lakeviewmethodist.org
Learn more at the official website: www.lakeviewmethodist.org
Mission Statement of Lakeview Methodist Health Care Center
Lakeview Methodist Health Care Center, a nonprofit organization, is dedicated to demonstrating God's love for the elderly and their families by providing a continuum of life-enhancing supportive services. Their mission is to offer a variety of care options, including skilled nursing care, short-term stays with intensive rehabilitation services, long-term placements, and operation of a child day care center. Lakeview's services are designed to improve the quality of life for older adults and their families, providing them with the care and support they need during challenging times. The organization's commitment to this mission resulted in 20,613 inpatient service days during the fiscal year, demonstrating their dedication to delivering high-quality care to their clientele. Furthermore, Lakeview also manages an assisted living and housing unit specifically for the elderly, ensuring that they have a comfortable and supportive living environment as they age.
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Impact
July, 2024
Lakeview Methodist Health Care Center's impact is significant in providing life-enhancing supportive services for older adults and their families in Fairmont, MN. The organization offers skilled nursing care, extensive rehabilitation services, and long-term placement, catering to the diverse needs of the elderly population. Additionally, Lakeview Methodist Health Care Center manages an assisted living and housing unit for the elderly, further contributing to their well-being and quality of life.
Throughout the fiscal year, Lakeview Methodist Health Care Center provided 20,613 inpatient service days, demonstrating their commitment to serving the community's healthcare needs. By housing a child daycare center as well, the organization fosters intergenerational connections and community engagement.
Overall, Lakeview Methodist Health Care Center's mission to demonstrate God's love for His people through a continuum of supportive services reflects in their tangible impact on the lives of older adults and their families in Fairmont. Through their holistic approach to care, the organization plays a vital role in enhancing the well-being and quality of life of the elderly population in the community.
This information is meant to be a general summary of Lakeview Methodist Health Care 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: $21,344
- Program Service Revenue: $9,635,708
- Gross Receipts: $10,104,415
Assets and Liabilities:
- Total Assets: $33,007,495
- Total Liabilities: $22,475,763
- Net Assets: $10,531,732
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT CARE
Revenue
$9,329,424
MANAGEMENT FEES
Revenue
$227,769
MEALS PROVIDED REVENUE
Revenue
$78,495
MEALS ON WHEELS
Revenue
$20
Organization Details
Founding Year
1985
Phone
(507) 235-6606Principal Officer
Deborah M Barnes
Main Address
610 SUMMIT DRIVE, FAIRMONT, MN, 56031
Website
www.lakeviewmethodist.orgNTEE Category
Code: E910 - Health
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