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Lakeview Health Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 411386635 ✦ Minneapolis, MN ✦ Designated as a 501(c)(3)

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Overview

What is Lakeview Health Foundation?

Lakeview Health Foundation is a nonprofit organization based in Minneapolis, Minnesota. With a focus on philanthropy, the foundation aims to support initiatives that enhance Lakeview Health's mission of promoting superior health and well-being services. Specifically, the foundation strives to meet the healthcare needs of individuals, families, and communities within the St. Croix Valley. The foundation's activities are designed to identify and provide resources to help Lakeview Health fulfill its mission effectively.


Official website here: www.lakeview.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97% (Four-Star out of Four Stars)

Lakeview Health Foundation boasts an impressive rating of 97% on Charity Navigator, reflecting its strong performance in accountability and finance. This score, derived entirely from a single beacon score, indicates that the organization operates with a high degree of transparency and fiscal responsibility. The foundation has demonstrated exceptional practices, achieving full marks in several areas such as board independence, financial oversight, and operational policies.

The foundation's financial health is also commendable, with a program expense ratio of 82.94%, signifying that a substantial portion of its resources is directed towards its mission-driven programs. The organization showcases effective fundraising practices, with a low fundraising efficiency ratio of $0.05, indicating minimal costs incurred in raising funds. Additionally, its liabilities to assets ratio is a healthy 5.32%, suggesting prudent management of its resources.

While the rating highlights the strengths of Lakeview Health Foundation, it does not mention any specific limitations or challenges faced by the organization. Overall, this high rating underscores the foundation's commitment to responsible governance and efficient use of funds, making it a trustworthy option for potential donors.


This AI summary has been generated from information found on Charity Navigator.

Is Lakeview Health Foundation legitimate?

Lakeview Health Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lakeview Health Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.lakeview.org

What is the mission statement of Lakeview Health Foundation?

The Lakeview Health Foundation, through philanthropy, identifies and supports initiatives that enable Lakeview Health to fulfill its mission. This mission is to promote and sponsor superior health and well-being services. The foundation achieves this by developing resources that aid Lakeview Health in its endeavors. The Lakeview Health Foundation's philanthropic activities aim to meet the healthcare needs of individuals, families, and communities. They do this by backing initiatives that align with Lakeview Health's mission to provide high-quality health services. The foundation's support ensures that Lakeview Health can continue to deliver superior health and well-being services to its constituents.


Official website here: www.lakeview.org

Who is the CEO of Lakeview Health Foundation?

Douglas E Johnson is the Director of Lakeview Health Foundation.


Official website here: www.lakeview.org

What is the revenue of Lakeview Health Foundation?

Lakeview Health Foundation's revenue in 2022 was $2,141,240.


Official website here: www.lakeview.org

Who are the executives of Lakeview Health Foundation and what are their salaries?

There 36 volunteers at Lakeview Health Foundation.


Here are 18 key members and their salaries:


Michael Swisher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Dinzeo (Director (Jan -May))
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Clark (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Reed (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Jesmer (Director & Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nathan S Pulscher (Director)
  • Compensation: $0
  • Related: $246,031
  • Other: $47,355
Melissa Schoenherr (Director)
  • Compensation: $0
  • Related: $443,354
  • Other: $95,881
Aretta Rice (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sue Sperber (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lowell Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roberta Seum (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Marshall (Director & Vice Chair (Jan -July))
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Dengler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Abigail M Heller Md (Director)
  • Compensation: $0
  • Related: $499,965
  • Other: $63,119
Paul L Erickson (Excecutive Director)
  • Compensation: $0
  • Related: $170,433
  • Other: $72,934
Douglas E Johnson (Cfo)
  • Compensation: $0
  • Related: $501,465
  • Other: $118,928
Nancy L Evert (Secretary)
  • Compensation: $0
  • Related: $718,467
  • Other: $195,651
Brandi Lunneborg (Director & President)
  • Compensation: $0
  • Related: $444,324
  • Other: $104,404


Official website here: www.lakeview.org

Where can I find the form 990 for Lakeview Health Foundation?

Lakeview Health Foundation'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 Health Foundation

Lakeview Health Foundation, a philanthropic organization, aims to address the healthcare needs of individuals, families, and communities in a broader context. The foundation's mission is achieved through strategic philanthropy, which involves identifying and supporting initiatives that enable Lakeview Health to fulfill its broader mission of promoting and sponsoring superior health and well-being services. In essence, by providing resources and backing, Lakeview Health Foundation works towards enhancing the quality of healthcare services for various communities, thereby contributing to their overall well-being.

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Impact




July, 2024

Lakeview Health Foundation plays a crucial role in meeting the healthcare needs of individuals, families, and communities in the St. Croix Valley. Through philanthropy, the Foundation develops resources to identify and support initiatives that enable Lakeview Health to promote and sponsor superior health and well-being services. By focusing on improving access to high-quality healthcare services, the Foundation has a direct and positive impact on the overall health and well-being of the community it serves.




This information is meant to be a general summary of Lakeview Health Foundation. 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.

Revenue
$2,141,240 (2022)
Expenses
$1,201,364 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $178,651
  • Gross Receipts: $2,195,721

Assets and Liabilities:

  • Total Assets: $9,186,942
  • Total Liabilities: $489,408
  • Net Assets: $8,697,534

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Organization Details

Founding Year

1977

Principal Officer

Douglas E Johnson

Main Address

8170 33RD AVENUE SOUTH PO BOX 1309, MINNEAPOLIS, MN, 554401309

NTEE Category

Code: E22 - Health

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