Lakeview Methodist Health Care Foundation Inc

Organization Overview

Lakeview Methodist Health Care Foundation Inc is located in Fairmont, MN. The organization was established in 1983. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lakeview Methodist Health Care Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 09/2022, Lakeview Methodist Health Care Foundation Inc generated $189.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.1% each year . All expenses for the organization totaled $120.4k during the year ending 09/2022. While expenses have increased by 2.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

MANAGE & ADMINISTER THE ENDOWMENTS OF LAKEVIEW UNITED METHODIST HEALTH CARE SERVICES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

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.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Courtney Cutler
President
$0
Chuck Haugen
Treasurer
$0
Melissa Tumbleson
Secretary
$0
Nancy Nordstrom
Vice President
$0
Deborah Barnes
Executive Director
$0
Tania Wallace
Financial Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$188,437
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$188,437
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $1,500
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $189,937

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Lakeview Methodist Health Care Foundation Inc has recieved totaling $10,000.

Awarding OrganizationAmount
Leadingage Minnesota Foundation

St Paul, MN

PURPOSE: COVID COURAGE FUNDS

$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$269,103
Earnings$60,816
Ending Balance$329,919

Create an account to unlock the data you need.

or