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Filing year 2024

LAKE VIEW MEMORIAL HOSPITAL INC

Two Harbors, Minnesota·EIN 41-0786046·NTEE E22Z · Health Care·501(c)(3)
Total revenue
$11.9M
Total assets
$51M
Total expenses
$11.4M
Reported officers
14
Mission

THE PATIENT. ABOVE ALL ELSE.

Reported officers (all unpaid)

No paid executives reported in 2024. LAKE VIEW MEMORIAL HOSPITAL INC reported 14 unpaid officers and board members on its 990.

Chair
Vice Chair
Secretary
Member
Board Member
Board Member
Board Member & Physician
Board Member
President & CEO Aspirus
Svp-cfo (thru 04/23)
SVP - Chief Financial Officer
Lake View Hosp President/ceo
B.m. (thru 3/24) & Luke's Hosp Co-ceo & CFO
B.m. & Luke's Hosp Co-pres/ceo & CFO
Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at LAKE VIEW MEMORIAL HOSPITAL INC equaled 1% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2023)
1%
Sector median
4%
Middle half of sector
1% to 13%

Based on 13,830 health care organizations, each measured at its most recent filing year with reported expenses and compensation.

Financial trend

Revenue and expenses over time

LAKE VIEW MEMORIAL HOSPITAL INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$23.9M
$22.6M
2023
$11.9M
$11.4M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Health Care executives earn in Minnesota

LAKE VIEW MEMORIAL HOSPITAL INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable health care organization in Minnesota earns a median of $127,441.

25th percentile
$58k
Median
$127,441
75th percentile
$282k
90th percentile
$773k

These are health care sector-wide figures, not this organization's reported pay. Based on 379 organizations across 379 filings (2021 – 2024).

See full Health Care pay data for Minnesota

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FAQ

Common questions about LAKE VIEW MEMORIAL HOSPITAL INC

What are LAKE VIEW MEMORIAL HOSPITAL INC's revenue and expenses?

In 2024, LAKE VIEW MEMORIAL HOSPITAL INC reported $11.9M in total revenue and $11.4M in total expenses on its IRS Form 990.

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