2025-02-20T16:53:43-06:00 2024-09-30 410746749 CLIFTONLARSONALLEN LLP 2689 COMMERCE DRIVE NW SUITE 201 ROCHESTER MN 55901 990 2023-10-01 411456428 LAKEVIEW METHODIST HEALTH CARE FOUNDATION INC LAKE 5072356606 610 SUMMIT DRIVE FAIRMONT MN 56031 DEBORAH M BARNES ADMINISTRATOR 5072356606 2025-02-13 1 1 KATHERINE LUTZKE CPA P01760889 5072802300 2025-02-13 2023 2025-03-06 01:10:19Z DEBORAH M BARNES 610 SUMMIT DRIVE FAIRMONT MN 56031 3335 0 X WWW.LAKEVIEWMETHODIST.ORG X 1983 MN MANAGE & ADMINISTER THE ENDOWMENTS OF LAKEVIEW UNITED METHODIST HEALTH CARE SERVICES. 9 9 0 9 0 0 17536 1835 0 0 0 0 1500 1500 19036 3335 83926 408 0 0 74433 83702 0 0 200 77620 46849 235979 130959 -216943 -127624 1525496 1750398 835156 949172 690340 801226 X 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. 0 0 11142 408 0 THE LAKEVIEW METHODIST HEALTH CARE FOUNDATION SUPPORTS LAKEVIEW METHODIST HEALTH CARE CENTER AND MAPLEWOOD RESIDENCE BY FUND RAISING AND MANAGING THEIR ENDOWMENT TO PROVIDE MEANINGFUL SUPPORT FOR THEIR ORGANIZATIONS. 11142 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 MN X TANIA WALLACE 5072356606 610 SUMMIT DRIVE FAIRMONT MN 56031 NANCY NORDSTROM PRESIDENT 1.00 3.00 X X 0 0 0 BRAD MUSSER VICE PRESIDENT 1.00 3.00 X X 0 0 0 CHUCK HAUGEN TREASURER 1.00 3.00 X X 0 0 0 MELISSA TUMBLESON SECRETARY 1.00 3.00 X X 0 0 0 BRANDON EDMUNDSON DIRECTOR 1.00 3.00 X 0 0 0 JASON SUBBERT DIRECTOR 1.00 3.00 X 0 0 0 DR JOHN LUND DIRECTOR 1.00 3.00 X 0 0 0 DR TIM BACHENBERG DIRECTOR 1.00 3.00 X 0 0 0 JEFF ADAMS DIRECTOR 1.00 3.00 X 0 0 0 DEBORAH BARNES EXECUTIVE DIRECTOR 1.00 32.00 X 0 101454 7319 TANIA WALLACE FINANCIAL DIRECTOR 1.00 40.00 X 0 52744 22487 0 154198 29806 0 0 0 0 0 1835 1835 1500 0 1500 1500 1500 3335 0 0 1500 408 408 71849 71849 6361 6361 5492 5492 6000 6000 9659 9659 6499 6499 8066 8066 2435 2435 2557 2557 250 250 3006 3006 MISC. EXPENSE 7614 7614 REPAIRS AND MAINTENANCE 538 538 FUNDRAISING EXPENSE 200 200 LICENES & PERMITS 25 25 130959 11142 119617 200 528330 579966 199 246 67266 15434 51832 51832 930265 1103883 10000 10000 4870 4471 1525496 1750398 2570 2928 832586 946244 835156 949172 X -270421 -278401 960761 1079627 690340 801226 1525496 1750398 X -127624 119648 118862 X 0 1 X 1 0 X X X 2 LAKEVIEW METHODIST HEALTH CARE CENTER 410874740 10 1 0 0 MAPLEWOOD RESIDENCE INC 363361594 10 1 0 0 2 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 355978 63334 419312 329919 26059 355978 269103 60816 329919 269103 269103 269103 269103 0.00000 1.00000 0.00000 0 0 47732 47732 19534 15434 4100 51832 DUE TO RELATED PARTY 946244 946244 X PART V, LINE 4: THE ENDOWMENT FUND WAS ESTABLISHED TO PROVIDE SUPPORT CARE FOR THE ELDERLY THRU LAKEVIEW METHODIST HEALTH CARE CENTER. PART X, LINE 2: LAKEVIEW UNITED METHODIST CARE CENTER, INC., LAKEVIEW UNITED METHODIST HEALTH CARE FOUNDATION, INC. AND MAPLEWOOD RESIDENT, INC. ARE TAX EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND CONSEQUENTLY RECORDS NO PROVISION FOR INCOME TAXES. LAKEVIEW UNITED METHODIST HEALTH SERVICES, INC. AND AFFILIATES FOLLOWS THE INCOME TAX STANDARD FOR UNCERTAIN TAX POSITIONS. NO LIABILITY HAS BEEN RECOGNIZED AS A RESULT OF THIS STANDARD. EACH ENTITY FILES AS A TAX-EXEMPT ORGANIZATION. SHOULD THAT STATUS BE CHALLENGED IN THE FUTURE, ALL YEARS SINCE INCEPTION COULD BE SUBJECT TO REVIEW BY THE IRS. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION HAS NO COMMITTEES THAT HAS THE AUTHROITY TO ACT ON BEHALF OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE INFORMATION FOR THE 990S IS GATHERED BY THE FINANCIAL DIRECTOR FROM HUMAN RESOURCES AND FINANCIAL RECORDS. THEN SUBMITTED TO CLA TO PREPARE. ONCE THE 990S ARE DRAFTED THEY ARE REVIEWED BY THE ADMINISTRATOR/CEO, BOARD PRESIDENT AND FINANCIAL DIRECTOR. ONCE DRAFTED APPROVED REQUEST SENT TO CLA FOR THE FINAL 990S TO BE SUBMITTED AND OR MAILED TO THE INTERNAL REVENUE SERVICES. FORM 990, PART VI, SECTION B, LINE 12C AS BOARD MEMBERS ARE CHOSEN TO SERVE, THE NOMINATING COMMITTEE REVIEWS POLICIES WITH THE, AND POTENTIAL CONFLICTS OF BANKING, FINANCIAL OR COMPETITIVE NATURE ARE REVIEWED BEFORE OFFERS ARE GIVEN. IF A CONFLICT ARISES DURING A DISCUSSION, BOARD MEMBER WITH CONFLICT PLEDGES TO ABSTAIN. CURRENT BOARD MEMBERS ANNUALLY REVIEW AND MONITOR POLICIES AND POTENTIAL CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE CHAIR OF THE BOARD OF DIRECTORS INITIATES A REVIEW PROCESS OF THE ADMINISTRATOR/CEO WITH THE OTHER BOARD MEMBERS. CHAIR OBTAINS COMPARATIVE SALARY INFORMATION FROM LEADING AGE OF MINNESOTA FOR THE CURRENT YEAR AND DECIDES WITH THE BOARD WHERE COMPENSATION SHOULD BE. CHAIR THEN MEETS WITH ADMINISTRATOR/CEO TO DISCUSS AREAS OF THE REVIEW AND UPCOMING YEAR'S COMPENSATION. ALL DISCUSSIONS AND DECISIONS CONCERNING ADMINISTRATOR/CEO COMPENSATIONS ARE INCLUDED IN THE MINUTES OF THE MEETING. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2023. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE IN THE ADMINISTRATIVE OFFICE UPON REQUEST FOR A STATED AND AGREED UPON PURPOSE. FORM 990, PART XI, LINE 9: EQUITY TRANSFER FROM RELATED ORGANIZATIONS 118,862. LAKEVIEW METHODIST HEALTH SERVICE INC 610 SUMMIT DRIVE FAIRMONT MN 56031 363358840 PARENT ORGANIZATION WITH NO ACTIVITY MN 501(C)3 LINE 12A-I N/A 0 LAKEVIEW METHODIST HEALTH CARE CENTER 610 SUMMIT DRIVE FAIRMONT MN 56031 410874740 HEALTH CARE CENTER MN 501(C)3 LINE 10 LAKEVIEW METHODIST HEALTH SERVICES INC 1 MAPLEWOOD RESIDENCE 610 SUMMIT DRIVE FAIRMONT MN 56031 363361594 HOUSING FOR THE ELDERLY MN 501(C)3 LINE 10 LAKEVIEW METHODIST HEALTH SERVICES INC 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 1 1 0 1 0