Lake Regional Health System
79% goes to programs $0 to raise $100 Strong reserves Growing revenue
Lake Regional Health System is a 501(c)(3) organization based in Osage Beach, Missouri, registered in 1974, with $273,472,502 in FY2024 revenue. CharityIndex grades it A, and it directs about 79% of spending to programs.
54 Hospital Dr, Osage Beach, MO, 65065 EIN 23-7339737 Since 1974
Revenue (FY2024)
$273.5M
▲ 6.2% vs prior year
Health median: $840K
Expenses (FY2024)
$271.9M
Net assets
$161.7M
Employees
1,894
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
B+Program efficiency40% of the rating79% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Lake Regional Health System: 79% to programs · $0 to raise $100 earns a B+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating7 mo reserves · +1% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Lake Regional Health System: 7 mo reserves · +1% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Lake Regional Health System: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Lake Regional Health System: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Lake regional health system provides an extensive variety of outpatient and inpatient healthcare services as well as an emergency department to residents and visitors.
What they do
Lake regional health system provides outpatient services such as diagnostic imaging, laboratory and physical therapy services to the community and surrounding rural areas. the hospital provided a total of 399,682 outpatient service visits.
Lake regional health system's emergency department is a level iii trauma center (granted through a special state credentialing process requiring extensive education and service review) providing 24-hour emergency medical service to a five county area. the university of missouri staff for life helicopter is based here. the emergency department provided 38,777 visits.
Other services include management fees, cafeteria income, income for the auxiliary, and other program service activities.
Contact & location
- Address
- 54 Hospital Dr, Osage Beach, MO, 65065
- City
- Osage Beach
- State
- Missouri
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $154.5M (FY2013) to $273.5M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $107.3MNet assets $161.7M
Operating margin
0.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$269.0M
Total liabilities
$107.3M
Net assets
$161.7M
Salaries & benefits
$129.3M
48% of expenses
Board members
16
12 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $273,472,502▲6.2% | $271,886,626▲7.5% | $161,738,775▲1.4% | $268,997,350▲5.4% | 990 |
| 2023 | $257,478,913▲7.1% | $252,884,441▲7.2% | $159,516,900▼0.5% | $255,217,055▲1.7% | 990 |
| 2022 | $240,367,087▲5.4% | $235,972,558▲6.3% | $160,288,817▼3.5% | $251,009,196▼4.2% | 990 |
| 2021 | $228,035,202▼2.3% | $221,928,738▲8.3% | $166,059,197▼3.5% | $261,905,281▲2.1% | 990 |
| 2020 | $233,413,158▲32.4% | $204,939,968▲8.3% | $172,062,991▲19.8% | $256,437,931▲5.5% | 990 |
| 2019 | $176,325,229▼4.7% | $189,287,458▲9.3% | $143,589,801▼10.8% | $242,984,688▲4.1% | 990 |
| 2018 | $185,030,393▼1.6% | $173,141,019▼7.1% | $160,947,549▲7.6% | $233,344,162▲3.8% | 990 |
| 2017 | $188,117,631▲1.8% | $186,290,922▲7.4% | $149,567,958▲0.5% | $224,704,276▲0.3% | 990 |
| 2016 | $184,848,986▲6.2% | $173,392,536▲4.8% | $148,853,278▲10.6% | $223,999,712▲8.4% | 990 |
| 2015 | $174,044,890▼3.0% | $165,406,040 | $134,629,447▲4.3% | $206,613,366▲2.2% | 990 |
| 2014 | $179,377,885▲16.1% | $165,349,732▲10.6% | $129,120,858▲12.3% | $202,194,325▲6.4% | 990 |
| 2013 | $154,463,631 | $149,441,840▲2.3% | $114,944,654▲5.5% | $190,034,361▲5.4% | 990 |
| 2012 | — | $146,041,639▼8.0% | $108,913,817▼0.4% | $180,227,561▼1.3% | 990 |
| 2011 | — | $158,740,244▲6.5% | $109,390,773▲4.2% | $182,513,513▲3.1% | 990 |
| 2010 | — | $149,073,637 | $105,001,885 | $176,979,780 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Harbaksh Sangha — $823,889 (0.30% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Harbaksh Sangha | Physician | 40 | $823,889 |
| Shahid Waheed | Physician | 40 | $701,374 |
| Kevin Mcroberts | Ceo | 40 | $658,715 |
| Joshua Brickner | Physician | 40 | $604,684 |
| Amy Thompson | Physician | 40 | $513,019 |
| Michelle Helton | Physician | 40 | $505,640 |
| Melissa Hunter | Coo | 40 | $403,793 |
| Patrick Neece | Cio | 40 | $382,810 |
| Jaren Pippitt | Chief Administrative Officer | 40 | $365,023 |
| Thomas Williams | Vp of Human Resources | 40 | $323,133 |
| Henry Zeisel | Former Cfo | 0 | $317,904 |
| Jennifer Bethurem | Vp of Public Affairs | 40 | $193,840 |
| Paula Littleton | Cfo, Beg. 07/2024 | 40 | $165,518 |
| Charles Mcelyea | Assistant Secretary | 1 | $1,074 |
| Alan Mead Md | Vice President | 1 | — |
| Corey Ten Bensel | Board Member | 1 | — |
| Dennis Lockard | Cfo End 07/24 | 40 | — |
| Dennis Michaelree | Secretary | 1 | — |
| Gregory Anderson | Board Member | 1 | — |
| James Judas Jr | Board Member | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Lake Ozark Anesthesia & Associates | Anesthesia | $3,785,608 |
| Keybridge Medical Revenue Management | Revenue Management | $1,121,959 |
| Asclepius Cardiology Inc | Cardiology | $1,103,104 |
| Wyrick Mechanical LLC | Repairs | $876,701 |
| R3 Dynamics LLC | Collection | $703,768 |
Grants received · $1.1M total
4 grants to Lake Regional Health System totaling $1.1M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Donor Advised Charitable Giving | Health | 2023 | $533,000 |
| Donor Advised Charitable Giving | Health | 2022 | $525,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2020 | $26,000 |
| Patient Access Network Foundation | Patient assistance | 2014 | $7,500 |
Grants made · $35K in FY2024
2 grants totaling $35K in FY2024. All grants made by Lake Regional Health System →
| Recipient | Purpose | Amount |
|---|---|---|
| Missouri Hospital Association | Support | $26,774 |
| Camdenton R-iii School District Education Foundation Inc | Support | $8,000 |
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Frequently asked questions
- Is Lake Regional Health System a legitimate nonprofit?
- Yes. Lake Regional Health System is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-7339737, based in Osage Beach, Missouri. Donations are tax-deductible.
- What is Lake Regional Health System's EIN?
- Lake Regional Health System's Employer Identification Number (EIN) is 23-7339737.
- How much revenue does Lake Regional Health System report?
- Lake Regional Health System reported $273,472,502 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Lake Regional Health System's spending goes to programs?
- Lake Regional Health System spends about 79% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Lake Regional Health System have?
- CharityIndex grades Lake Regional Health System A, based on program efficiency and fundraising cost.
- How much does Lake Regional Health System's highest-paid employee make?
- The highest reported compensation on Lake Regional Health System's latest Form 990 is $823,889, paid to Harbaksh Sangha (Physician).
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Data for Lake Regional Health System (EIN 23-7339737) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.