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Filing year 2024

LAKEVIEW MEMORIAL HOSPITAL ASSOCIATION INC

Minneapolis, Minnesota·EIN 41-0811697·NTEE E220 · Health Care·501(c)(3)
Total revenue
$192.9M
Total assets
$147.3M
Total expenses
$183.7M
Reported officers
27
Mission

TO MEET THE HEALTHCARE NEEDS OF INDIVIDUALS, FAMILIES & COMMUNITIES OF THE ST. CROIX VALLEY.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 19 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Health Care organizations in Minnesota.

CFO Lhs (jan - June)
Above 90th percentile
$541k
$582k
Base
$199k
Bonus
$136k
Other
$176k
Benefits
$29k
Manager Surgey Anesthesia
Highest Compensated Employee
Median to 75th percentile
$367k
$394k
Base
$251k
Bonus
$33k
Other
$27k
Benefits
$38k
Nurse Anesthetist
Highest Compensated Employee
Median to 75th percentile
$326k
$351k
Base
$229k
Bonus
Other
$44k
Benefits
$37k
Nurse Anesthetist
Highest Compensated Employee
Median to 75th percentile
$290k
$312k
Base
$174k
Bonus
Other
$67k
Benefits
$35k
Nurse Anesthetist
Highest Compensated Employee
Median to 75th percentile
$290k
$311k
Base
$229k
Bonus
Other
$11k
Benefits
$37k
VP Nursing Services & Cno
Vice President
75th to 90th percentile
$288k
$310k
Base
$217k
Bonus
$40k
Other
$2k
Benefits
$15k
VP Ancillary Services
Vice President
75th to 90th percentile
$258k
$278k
Base
$200k
Bonus
$32k
Other
$580
Benefits
$25k
Nurse Anesthetist
Highest Compensated Employee
Median to 75th percentile
$252k
$271k
Base
$184k
Bonus
Other
$52k
Benefits
$16k
Sec. & General Counsel
Officer (Unspecified)
$248k
$267k
Director & CFO (july - Dec)
Median to 75th percentile
$155k
$167k
President
Median to 75th percentile
$144k
$155k
Director
Board Member
Median to 75th percentile
$125k
$134k
Director
Board Member
Median to 75th percentile
$113k
$121k
Vpma
Officer (Unspecified)
$78k
$83k
Director
Board Member
Median to 75th percentile
$74k
$80k
Former VP Ancillary Servic
Board Vice President
25th percentile to median
$72k
$78k
Former Smg President
Former Officer/director/trustee
25th percentile to median
$64k
$69k
VP Smg (jan - Nov)
Vice President
25th percentile to median
$55k
$60k
Director
Board Member
25th percentile to median
$44k
$47k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 8 unpaid individuals.

Browse compensation in Health Care

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at LAKEVIEW MEMORIAL HOSPITAL ASSOCIATION INC equaled 0.3% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2024)
0.3%
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.

Down 17%
from 2023

From $648k in 2023 to $541k in 2024.

$648k
2023
$541k
2024
In today's dollarsEst.
Down 19% in real terms$716k to $582k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Financial Officer pay fell 17% from 2023 to 2024, while revenue rose 3%.

$648k in 2023 to $541k in 2024.
  • Highest Compensated Employee pay rose 7% from 2023 to 2024.
  • Vice President pay rose 3% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about LAKEVIEW MEMORIAL HOSPITAL ASSOCIATION INC

What does the Chief Financial Officer of LAKEVIEW MEMORIAL HOSPITAL ASSOCIATION INC earn?

In 2024, the Chief Financial Officer of LAKEVIEW MEMORIAL HOSPITAL ASSOCIATION INC received $540,868 in total compensation. This pay is in the top 10% for Chief Financial Officer roles among Health Care organizations in Minnesota: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Financial Officer pay at LAKEVIEW MEMORIAL HOSPITAL ASSOCIATION INC compare with similar nonprofits?

Compared with the same role at Health Care organizations in Minnesota, the 2024 pay of the Chief Financial Officer at LAKEVIEW MEMORIAL HOSPITAL ASSOCIATION INC falls in the top 10%. In 2024, the highest total compensation at LAKEVIEW MEMORIAL HOSPITAL ASSOCIATION INC equaled 0.3% of the organization's total expenses. The median for health care organizations is 4%.

What are LAKEVIEW MEMORIAL HOSPITAL ASSOCIATION INC's revenue and expenses?

In 2024, LAKEVIEW MEMORIAL HOSPITAL ASSOCIATION INC reported $192.9M in total revenue and $183.7M in total expenses on its IRS Form 990.

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