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Filing year 2023

LAKEVIEW METHODIST HEALTH CARE FOUNDATION INC

Fairmont, Minnesota·EIN 41-1456428·501(c)(3)
Total revenue
$3k
Total assets
$1.8M
Total expenses
$131k
Reported officers
11
Mission

THE MISSION OF LAKEVIEW METHODIST HEALTH CARE FOUNDATION IS TO PROVIDE FINANCIAL SUPPORT FOR THE NEEDS, SERVICES, EDUCATION, PROGRAMS, AND FACILITIES OF LAKEVIEW METHODIST HEALTH CARE CENTER, WOODLAND MANOR, AND MAPLEWOOD RESIDENCE BY MANAGING THEIR ENDOWMENT TO PROVIDE MEANINGFUL SUPPORT FOR THEIR OPEREATIONS.

Executive compensation

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Financial Director
10th to 25th percentile
$22k
$25k
Executive Director
Below 10th percentile
$7k
$8k

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 9 unpaid individuals.

Pay for the position

Chief Financial Officer pay rose 941% from 2022 to 2023, while revenue fell 82%.

$2k in 2022 to $22k in 2023.
  • Chief Executive Officer pay rose 9% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Financial trend

Revenue and expenses over time

LAKEVIEW METHODIST HEALTH CARE FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$19k
$236k
2022
$3k
$131k
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about LAKEVIEW METHODIST HEALTH CARE FOUNDATION INC

What does the Chief Financial Officer of LAKEVIEW METHODIST HEALTH CARE FOUNDATION INC earn?

In 2023, the Chief Financial Officer of LAKEVIEW METHODIST HEALTH CARE FOUNDATION INC received $22,487 in total compensation. This pay is in the bottom quarter for Chief Financial Officer roles among nonprofits nationwide, across all sectors, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Financial Officer pay at LAKEVIEW METHODIST HEALTH CARE FOUNDATION INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Financial Officer at LAKEVIEW METHODIST HEALTH CARE FOUNDATION INC falls between the 10th and 25th percentiles.

What are LAKEVIEW METHODIST HEALTH CARE FOUNDATION INC's revenue and expenses?

In 2023, LAKEVIEW METHODIST HEALTH CARE FOUNDATION INC reported $3k in total revenue and $131k in total expenses on its IRS Form 990.

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