MADISON HEALTHCARE SERVICES, WHICH INCLUDES THE MADISON LUTHERAN HOME, MADISON HOSPITAL, LAC QUI PARLE CLINIC, AND SUBSIDIARIES, IS COMMITTED TO ENRICH THE LIVES OF EVERYONE WE SERVE, GUIDED BY OUR CHRISTIAN HERITGAGE AND VALUES.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Health Care organizations in Minnesota.
- Base
- $269k
- Bonus
- —
- Other
- $178k
- Benefits
- —
- Base
- $300k
- Bonus
- —
- Other
- $47k
- Benefits
- $31k
- Base
- $185k
- Bonus
- —
- Other
- $43k
- Benefits
- $45k
- Base
- $209k
- Bonus
- $3k
- Other
- —
- Benefits
- $45k
- Base
- $124k
- Bonus
- $24k
- Other
- $10k
- Benefits
- $15k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
MD Highest Compensated Employee 75th to 90th percentile | $269k | — | $178k | — | $483k $534k |
MD Highest Compensated Employee Median to 75th percentile | $300k | — | $47k | $31k | $378k $417k |
MD Highest Compensated Employee Median to 75th percentile | $185k | — | $43k | $45k | $279k $308k |
CEO 75th to 90th percentile | $209k | $3k | — | $45k | $272k $301k |
Nurse Practitioner Highest Compensated Employee 25th percentile to median | $124k | $24k | $10k | $15k | $173k $191k |
Physician Assistant Highest Compensated Employee 25th percentile to median | — | — | — | — | $146k $161k |
CFO Median to 75th percentile | — | — | — | — | $129k $143k |
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.
Top pay as a share of expenses
In 2023, the highest total compensation at MADISON HEALTHCARE SERVICES equaled 2% of the organization's total expenses. The median for health care organizations is 4%.
Based on 13,830 health care organizations, each measured at its most recent filing year with reported expenses and compensation.
Funded by
Private foundations whose Form 990-PF Part XV grants matched this organization.
Up 14%
from 2022
From $424k in 2022 to $483k in 2023.
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.
Highest Compensated Employee pay rose 14% from 2022 to 2023, while revenue rose 3%.
- Chief Executive Officer pay rose 7% from 2022 to 2023.
- Chief Financial Officer pay rose 3% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about MADISON HEALTHCARE SERVICES
What does the Highest Compensated Employee of MADISON HEALTHCARE SERVICES earn?
In 2023, the Highest Compensated Employee of MADISON HEALTHCARE SERVICES received $483,037 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 MADISON HEALTHCARE SERVICES compare with similar nonprofits?
Compared with the same role at Health Care organizations in Minnesota, the 2023 pay of the Highest Compensated Employee at MADISON HEALTHCARE SERVICES falls between the 75th and 90th percentiles. In 2023, the highest total compensation at MADISON HEALTHCARE SERVICES equaled 2% of the organization's total expenses. The median for health care organizations is 4%.
What are MADISON HEALTHCARE SERVICES's revenue and expenses?
In 2023, MADISON HEALTHCARE SERVICES reported $21.3M in total revenue and $21.8M in total expenses on its IRS Form 990.
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