Overview
What is Lakewood Health System?
Lakewood Health System is a nonprofit organization based in Staples, Minnesota. They operate a 25-bed critical access hospital, providing inpatient, outpatient, emergency, and specialty healthcare services, including a 10-bed geriatric behavioral health unit. The organization also manages rural health clinics in Staples, Motley, Pillager, Eagle Bend, and Browerville, offering primary care and various health services. In addition, they run a dermatology clinic in Sartell, Minnesota. With a team of physicians, physician assistants, nurse practitioners, and 1,009 employees, Lakewood Health System aims to deliver high-quality, personalized healthcare services for a lifetime.
Official website here: www.lakewoodhealthsystem.com
What are the reviews and ratings of this charity?
Charity Navigator rating: 96%, Four-Star out of Four Star rating.
Lakewood Health System has achieved an impressive score of 96%, indicating a high level of accountability and financial health. The rating is based solely on a single beacon score, which reflects the organization’s commitment to transparency and effective governance. Key metrics show that the organization has a majority of independent board members and a strong focus on financial oversight, all contributing to its positive evaluation.
Strengths of Lakewood Health System include its robust financial practices, with a program expense ratio of 81.34%, meaning that a significant portion of its expenses goes directly to its programs. The organization also scores perfectly in areas such as its conflict of interest policy and whistleblower policy, further demonstrating its commitment to ethical practices.
While the data showcases the organization's strengths, it is essential for donors and stakeholders to maintain awareness of any potential changes in financial health or governance. However, the current evidence points toward a well-managed nonprofit that prioritizes accountability and service delivery.
This AI summary has been generated from information found on Charity Navigator.
Is Lakewood Health System legitimate?
Lakewood Health System is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lakewood Health System 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: $2,004,925
Professional Fundraising Fees: $0
Other Salaries and Wages: $44,437,828
For more financial information, click here
Official website here: www.lakewoodhealthsystem.com
What is the mission statement of Lakewood Health System?
Lakewood Health System is dedicated to delivering quality, personalized healthcare for an entire lifetime. This mission is reflected in their provision of a range of healthcare services, including inpatient, outpatient, emergency care, and specialized health care services. They operate a critical access hospital, as well as rural health clinics, offering primary care and other health care services to patients. Additionally, they have a dermatology clinic and offer geriatric behavioral health unit days. The organization's team of physicians, physician assistants, and nurse practitioners ensure that patients receive comprehensive medical and mental health care, serving 87,985 rural health clinic visits and 10,728 dermatology clinic visits in the given period.
Official website here: www.lakewoodhealthsystem.com
Who is the CEO of Lakewood Health System?
Lisa Bjerga is the Cfo & President of Lakewood Health System.
Official website here: www.lakewoodhealthsystem.com
What is the revenue of Lakewood Health System?
Lakewood Health System's revenue in 2022 was $136,356,446.
Official website here: www.lakewoodhealthsystem.com
Who are the executives of Lakewood Health System and what are their salaries?
The average compensation at Lakewood Health System during 2022 was $46,028. There are 1009 employees and 32 volunteers at Lakewood Health System.
Here are 24 key members and their salaries:
- Compensation: $571,841
- Related: $0
- Other: $10,385
- Compensation: $5,408
- Related: $0
- Other: $0
- Compensation: $4,004
- Related: $0
- Other: $0
- Compensation: $3,796
- Related: $0
- Other: $0
- Compensation: $2,756
- Related: $0
- Other: $0
- Compensation: $1,872
- Related: $0
- Other: $0
- Compensation: $1,196
- Related: $0
- Other: $0
- Compensation: $624
- Related: $0
- Other: $0
- Compensation: $1,352
- Related: $0
- Other: $0
- Compensation: $676
- Related: $0
- Other: $0
- Compensation: $624
- Related: $0
- Other: $0
- Compensation: $1,144
- Related: $0
- Other: $0
- Compensation: $1,612
- Related: $0
- Other: $0
- Compensation: $344,311
- Related: $0
- Other: $7,517
- Compensation: $573,670
- Related: $0
- Other: $0
- Compensation: $169,281
- Related: $0
- Other: $15,381
- Compensation: $283,029
- Related: $0
- Other: $25,505
- Compensation: $188,233
- Related: $0
- Other: $33,434
- Compensation: $287,097
- Related: $0
- Other: $43,847
- Compensation: $341,516
- Related: $0
- Other: $46,781
- Compensation: $327,191
- Related: $0
- Other: $44,840
- Compensation: $329,667
- Related: $0
- Other: $45,608
- Compensation: $325,630
- Related: $0
- Other: $45,882
- Compensation: $330,011
- Related: $0
- Other: $10,248
Official website here: www.lakewoodhealthsystem.com
Where can I find the form 990 for Lakewood Health System?
Lakewood Health System's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lakewoodhealthsystem.com
Learn more at the official website: www.lakewoodhealthsystem.com
Mission Statement of Lakewood Health System
Lakewood Health System, a renowned healthcare provider, is dedicated to delivering quality, personalized healthcare for a lifetime. The organization's primary focus is on providing comprehensive health services for the community, encompassing inpatient, outpatient, emergency care, and specialized health care services. Lakewood Health System operates a 25-bed critical access hospital, offering a range of healthcare services including a 10-bed geriatric behavioral health unit. Additionally, the organization manages rural health clinics located in various towns, providing primary care and other health services to patients.
Lakewood Health System's team consists of skilled physicians, physician assistants, and nurse practitioners, who work diligently to attend to the medical needs of their clinic patients. The organization's commitment to healthcare extends beyond its hospital and clinics, as it also operates a dermatology clinic, providing expert care for patients with skin conditions. In 2021, Lakewood Health System reported impressive statistics, having provided for 3,743 inpatient hospital and swing-bed days, 233 ICU days, 2,928 inpatient geriatric behavioral health unit days, 87,985 medical and mental health rural health clinic visits, and 10,728 dermatology clinic visits. These numbers underscore the organization's unwavering dedication to ensuring the well-being of its patients.
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Impact
October, 2024
Lakewood Health System plays a vital role in enhancing community health and wellness by providing comprehensive healthcare services tailored to individual needs. Operating a 25-bed critical access hospital in Staples, Minnesota, the organization delivers a wide range of essential medical services, including inpatient care, outpatient services, emergency response, and specialty care. Its facilities also incorporate a 10-bed geriatric behavioral health unit, highlighting its commitment to addressing the mental health needs of the elderly population.
In addition to the hospital, Lakewood Health System’s network of rural health clinics across various Minnesota communities—such as Staples, Motley, Pillager, Eagle Bend, and Browerville—ensures accessibility to primary care and specialized health services. These clinics, staffed by physicians, physician assistants, and nurse practitioners, played a pivotal role in conducting over 87,000 medical and mental health visits, indicating a strong focus on integrating physical and mental wellbeing.
Furthermore, the organization operates a dermatology clinic in Sartell, broadening its spectrum of healthcare services and further supporting the community's health needs. In 2022 alone, Lakewood Health System provided thousands of days of inpatient care and clinic visits, showcasing its significant impact on the local population. By prioritizing quality and personalized healthcare, Lakewood Health System not only caters to immediate medical needs but also fosters long-term health outcomes within the community.
This information is meant to be a general summary of Lakewood Health System. 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: $391,578
- Program Service Revenue: $128,995,985
- Gross Receipts: $136,579,800
Assets and Liabilities:
- Total Assets: $163,284,076
- Total Liabilities: $65,990,838
- Net Assets: $97,293,238
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET PATIENT AND RESIDENT SERVICE
Revenue
$126,580,468
340B PHARMACY
Revenue
$932,947
OCCUPATIONAL HEALTH
Revenue
$434,572
RENT REVENUE
Revenue
$336,963
Organization Details
Founding Year
1996
Phone
(218) 894-1515Principal Officer
Lisa Bjerga
Main Address
49725 COUNTY 83, STAPLES, MN, 56479
Website
www.lakewoodhealthsystem.comNTEE Category
Code: E21Z - Health
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