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Nonprofit · EIN 41-0811697

LAKEVIEW MEMORIAL HOSPITAL ASSOCIATION INC

Tax-exempt · BLOOMINGTON, MN 55425

Financials

$186.5M$173.8M2023$192.9M$183.7M2024
Revenue Expenses · by fiscal year end
Financials of LAKEVIEW MEMORIAL HOSPITAL ASSOCIATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$192,857,499$183,659,668$9,197,831$147,309,789$20,999,869$126,309,920
December 31, 2023990$186,536,777$173,750,266$12,786,511$132,668,016$21,740,563$110,927,453
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,251,353
of which government grants
$16,879
Program service revenue
$189,992,686
Investment income
$1,613,460
Other revenue
$0

Expenses

Grants and similar amounts paid
$154,107
Compensation of officers, directors and key employees
$1,086,947
Other salaries and wages
$85,070,447
Salaries, compensation and benefits (total)
$109,851,277
Professional fundraising fees
$0
Legal fees
$333,538
Accounting fees
$119,711
Occupancy
$1,819,280
Travel
$749,217
Depreciation
$6,111,149
Program services (functional)
$166,029,321
Management and general (functional)
$17,630,347

Balance sheet and other

Total assets, start of year
$132,668,016
Total assets, end of year
$147,309,789
Total liabilities, end of year
$20,999,869
Net assets, end of year
$126,309,920
Land, buildings and equipment
$54,887,710
Net assets without donor restrictions
$126,309,920
Gross receipts
$192,857,499
Employees
1,309
Volunteers
95
Year formed
1880
State of legal domicile
MN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
NANCY L EVERTSEC. & GENERAL COUNSEL
Officer
0.5$0$830,206$248,257
ALITA R RISINGERDIRECTOR & CFO (JULY - DEC)
Trustee or director
0.5$0$725,287$155,052
BRETT C HAAKE MDDIRECTOR
Trustee or director
0.5$0$737,926$124,577
BRANDI L LUNNEBORGPRESIDENT
Officer
0.5$0$708,122$144,394
ANNIE JACOBSEN MDDIRECTOR
Trustee or director
0.5$0$628,525$74,310
THOMAS S ANDERSON MDVPMA
Officer
0.5$0$497,218$77,505
PAHOUA HOFFMANDIRECTOR
Trustee or director
0.5$0$452,315$112,677
DOUGLAS E JOHNSONCFO LHS (JAN - JUNE)
Officer
0$511,654$0$29,214
MATTHEW A RICHIEVP SMG (JAN - NOV)
Officer
0$0$409,545$55,496
NATHAN S PULSCHERFORMER VP ANCILLARY SERVIC
Former
0$0$359,790$72,106
BRIAN L CRESS MDDIRECTOR
Trustee or director
0.5$0$353,328$43,934
ANDREW E DORWART MDFORMER SMG PRESIDENT
Former
0$0$313,511$63,716
MICHAEL D WEISMANAGER SURGEY ANESTHESIA
Highest-paid employee
40$311,017$0$55,550
JUSTIN R CUSICKNURSE ANESTHETIST
Highest-paid employee
40$273,036$0$52,987
MICHAEL S KENNEDYNURSE ANESTHETIST
Highest-paid employee
40$241,653$0$48,505
12 more people on this return
NameTitleHours / weekCompensationOther / benefits
JASON D TAUZELLNURSE ANESTHETIST
Highest-paid employee
40$239,632$49,925
EMILIENNE ANDERSONVP NURSING SERVICES & CNO
Officer
0.5$258,660$29,297
BRENDA HALLVP ANCILLARY SERVICES
Officer
40$233,433$24,689
ADIENNE K BACKUSNURSE ANESTHETIST
Highest-paid employee
40$235,857$15,996
MIKE ANDERSONDIRECTOR AND CHAIR
Trustee or director, Officer
0.58$0$0
SUE HEDLUNDDIRECTOR & VICE CHAIR
Trustee or director, Officer
0.58$0$0
SHARON TOLVADIRECTOR & TREASURER
Trustee or director, Officer
0.58$0$0
ELIZABETH BRADSHAWDIRECTOR
Trustee or director
0.58$0$0
MICHAEL FUNKDIRECTOR
Trustee or director
0.58$0$0
JASON HOWARDDIRECTOR
Trustee or director
0.58$0$0
JOHN UPPGRENDIRECTOR
Trustee or director
0.58$0$0
KHU THAODIRECTOR
Trustee or director
0.58$0$0
990 for the year ended December 31, 2023: 33 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
NANCY L EVERTSECRETARY & GEN. COUNSEL
Officer
0.5$0$811,272$238,674
BRETT C HAAKE MDDIRECTOR
Trustee or director
0.5$0$730,568$113,054
BRANDI L LUNNEBORGDIRECTOR & PRESIDENT
Trustee or director, Officer
59.5$0$671,461$139,951
ALITA R RISINGERDIRECTOR
Trustee or director
0.5$0$574,234$112,052
DOUGLAS E JOHNSONCFO, LHS
Officer
51$603,783$0$44,121
ANNIE JACOBSEN MDDIRECTOR
Trustee or director
0.5$0$569,641$69,516
PATRICK T COURNEYA MDDIRECTOR (JAN-APR)
Trustee or director
0.5$0$494,297$76,938
THOMAS S ANDERSON MDVPMA
Officer
0.5$0$479,739$67,935
PAHOUA HOFFMANDIRECTOR
Trustee or director
0.5$0$427,857$105,197
MATTHEW A RICHIEDIRECTOR & VP SMG
Trustee or director, Officer
0.5$0$403,091$47,575
BRIAN L CRESS MDDIRECTOR
Trustee or director
0.5$0$347,743$40,815
NATHAN S PULSCHERFORMER VP ANCILLARY SERVICES
Former
0$0$313,799$66,188
STEVEN C HOUSHDIRECTOR (JAN-APR)
Trustee or director
0.5$0$317,969$45,951
ANDREW E DORWART MDFORMER SMG PRESIDENT
Former
0$0$282,322$61,384
MICHAEL D WEISMANAGER NURSE ANESTHETIST
Highest-paid employee
45$291,971$0$50,664
JUSTIN R CUSICKNURSE ANESTHETIST
Highest-paid employee
40$277,688$0$48,707
KEVIN J BJORK MDDIRECTOR (JAN-AUG)
Trustee or director
0.5$0$274,610$42,519
THEODORE WEGLEITNERFORMER PRESIDENT
Former
0$0$269,652$13,842
JASON D TAUZELLNURSE ANESTHETIST
Highest-paid employee
40$233,414$0$47,725
EMILIENNE ANDERSONVP NURSING SERVICES & CNO
Officer
40$253,764$0$25,767
CATHY J MANLEYNURSE ANESTHETIST
Highest-paid employee
40$226,778$0$35,448
CYNTHIA A APPLESETHDIRECTOR OF PHARMACY
Highest-paid employee
44$225,074$0$27,596
BRENDA HALLVP ANCILLARY SERVICES
Officer
40$161,900$0$20,454
MIKE ANDERSONDIRECTOR AND CHAIR
Trustee or director, Officer
0.58$0$0$0
ELIZABETH BRADSHAWDIRECTOR
Trustee or director
0.58$0$0$0
JASON HOWARDDIRECTOR
Trustee or director
0.58$0$0$0
SHARON TOLVADIRECTOR & TREASURER
Trustee or director, Officer
0.58$0$0$0
SUE HEDLUNDDIRECTOR
Trustee or director
0.58$0$0$0
JOHN UPPGRENDIRECTOR
Trustee or director
0.58$0$0$0
MICHAEL FUNKDIRECTOR
Trustee or director
0.58$0$0$0
KHU THAODIRECTOR
Trustee or director
0.58$0$0$0
PHAEDRA COFIELDDIRECTOR (JAN-NOV)
Trustee or director
0.58$0$0$0
NICHOLAS MEYER MDDIRECTOR (JAN-OCT)
Trustee or director
0.58$0$0$0

Address and contacts

Address (IRS master file)
8170 33RD AVE S, BLOOMINGTON, MN 55425-4516
In care of
% KEVIN J BRANDT
Principal officer (990 for 2024)
ALITA R RISINGER, 8170 33RD AVENUE SOUTH PO BOX 1309, MINNEAPOLIS, MN 554401309
Signed the 990
ALITA R RISINGER, CFO
Phone
(952) 883-6584
Return prepared by
KPMG LLP

Mission

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

990 for the year ended December 31, 2024

Program accomplishments

  • SEE SCHEDULE O - EXEMPT PURPOSE AND ACHIEVEMENTS FOR A DESCRIPTION OF PROGRAM SERVICE ACCOMPLISHMENTS
    Expenses $166,029,321 · grants $154,107 · revenue $189,992,686

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
41-0811697
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Hospital or medical research organization
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1962
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E220)
Assets (IRS master file)
$147,309,789
Income (IRS master file)
$192,857,499

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$192,857,499$183,659,668$147,309,789XML
990December 2023$186,536,777$173,750,266$132,668,016XML
990December 2022$167,380,081$160,867,696$119,076,419IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 41-0811697).

Questions about LAKEVIEW MEMORIAL HOSPITAL ASSOCIATION INC

What is the EIN of LAKEVIEW MEMORIAL HOSPITAL ASSOCIATION INC?
The employer identification number (EIN) of LAKEVIEW MEMORIAL HOSPITAL ASSOCIATION INC is 41-0811697.
Is LAKEVIEW MEMORIAL HOSPITAL ASSOCIATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1962.
Are donations to LAKEVIEW MEMORIAL HOSPITAL ASSOCIATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LAKEVIEW MEMORIAL HOSPITAL ASSOCIATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of LAKEVIEW MEMORIAL HOSPITAL ASSOCIATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LAKEVIEW MEMORIAL HOSPITAL ASSOCIATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of LAKEVIEW MEMORIAL HOSPITAL ASSOCIATION INC?
The 990 for the year ended December 31, 2024 names ALITA R RISINGER.
Who are the officers and directors of LAKEVIEW MEMORIAL HOSPITAL ASSOCIATION INC?
The 990 for the year ended December 31, 2024 lists 27 people; 8 received compensation from the organization.
How much revenue does LAKEVIEW MEMORIAL HOSPITAL ASSOCIATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $192,857,499, expenses of $183,659,668 and total assets of $147,309,789 at year end.

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