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Filing year 2023

LAKEWOOD HEALTH CENTER

Baudette, Minnesota·EIN 41-0758434·NTEE E22 · Health Care·501(c)(3)
Total revenue
$18.3M
Total assets
$9.1M
Total expenses
$20.2M
Reported officers
14
Mission

AS AN AFFILIATE OF COMMONSPIRIT HEALTH, WE MAKE THE HEALING PRESENCE OF GOD KNOWN IN OUR WORLD BY IMPROVING THE HEALTH OF THE PEOPLE WE SERVE, ESPECIALLY THOSE WHO ARE VULNERABLE, WHILE WE ADVANCE SOCIAL JUSTICE FOR ALL.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 12 reported individuals · Filing year 2023

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

Physician Emergency Medicine
Highest Compensated Employee
75th to 90th percentile
$484k
$535k
Base
$469k
Bonus
Other
Benefits
Physician/director
Board Member
75th to 90th percentile
$396k
$437k
Base
$340k
Bonus
Other
$1k
Benefits
$36k
President Lakewood Health
75th to 90th percentile
$235k
$260k
Base
$172k
Bonus
$800
Other
$11k
Benefits
$32k
Phys Asst Family Medicine
Highest Compensated Employee
25th percentile to median
$201k
$222k
Base
$177k
Bonus
$800
Other
$2k
Benefits
$11k
Supervisor-pharmacy
Highest Compensated Employee
25th percentile to median
$183k
$202k
Base
$136k
Bonus
$800
Other
$9k
Benefits
$29k
Coordinator RN II Mna Emergency Room
Highest Compensated Employee
25th percentile to median
$162k
$179k
Base
$130k
Bonus
$4k
Other
$5k
Benefits
$19k
Physician Emergency Medicine
Highest Compensated Employee
10th to 25th percentile
$121k
$134k
Secretary
Secretary (Operational)
Median to 75th percentilevs Health Care peers nationwide
$74k
$82k
Board Member/market President Reg Hospitals
Board President
Median to 75th percentilevs Health Care peers nationwide
$54k
$59k
Market CFO (thru 05/24)
25th percentile to median
$51k
$56k
Market CFO (beg 05/24)
25th percentile to median
$48k
$53k
VP of Finance/treasurer
Vice President
25th percentile to median
$44k
$48k

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 2 unpaid individuals.

Browse compensation in Health Care

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at LAKEWOOD HEALTH CENTER equaled 2% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2023)
2%
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.

Up 27%
from 2022

From $381k in 2022 to $484k in 2023.

$381k
2022
$484k
2023
In today's dollarsEst.
Up 22% in real terms$437k to $535k

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

Highest Compensated Employee pay rose 111% from 2022 to 2023, while revenue rose 14%.

$230k in 2022 to $484k in 2023.
  • Board Member pay rose 4% from 2022 to 2023.
  • Chief Executive Officer pay fell 12% from 2022 to 2023.

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

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 LAKEWOOD HEALTH CENTER

What does the Highest Compensated Employee of LAKEWOOD HEALTH CENTER earn?

In 2023, the Highest Compensated Employee of LAKEWOOD HEALTH CENTER received $483,895 in total compensation. This pay is in the top quarter for Highest Compensated Employee roles among Health Care organizations in Minnesota, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at LAKEWOOD HEALTH CENTER compare with similar nonprofits?

Compared with the same role at Health Care organizations in Minnesota, the 2023 pay of the Highest Compensated Employee at LAKEWOOD HEALTH CENTER falls between the 75th and 90th percentiles. In 2023, the highest total compensation at LAKEWOOD HEALTH CENTER equaled 2% of the organization's total expenses. The median for health care organizations is 4%.

What are LAKEWOOD HEALTH CENTER's revenue and expenses?

In 2023, LAKEWOOD HEALTH CENTER reported $18.3M in total revenue and $20.2M in total expenses on its IRS Form 990.

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