Lakeview Medical Center Inc of Rice Lake
81% goes to programs $0 to raise $100
Lakeview Medical Center Inc of Rice Lake is a 501(c)(3) organization based in Marshfield, Wisconsin, registered in 1976, with $140,033,626 in FY2024 revenue. CharityIndex grades it A, and it directs about 81% of spending to programs.
1000 N Oak Ave, Marshfield, WI, 54449 EIN 39-0837206 Since 1976
Revenue (FY2024)
$140.0M
▼ 8.3% vs prior year
Health median: $840K
Expenses (FY2024)
$139.8M
Net assets
$47.0M
Employees
0
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 rating81% 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 Lakeview Medical Center Inc of Rice Lake: 81% to programs · $0 to raise $100 earns a B+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating4 mo reserves · +0% 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 Lakeview Medical Center Inc of Rice Lake: 4 mo reserves · +0% 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 Lakeview Medical Center Inc of Rice Lake: 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 Lakeview Medical Center Inc of Rice Lake: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
We enrich lives to create healthy communities through accessible, affordable, compassionate health care.
What they do
Lakeview medical center provides room, board and care to medical and surgical patients. for the fiscal year ended september 30, 2014 this unit had 2,174 discharges and 6,796 patient days.
Lakeview medical center laboratory performs inpatient and outpatient tests for both lakeview medical center and marshfield clinic. for the fiscal year ending september 30, 2014 there were 279,587 tests performed by the lab.
Contact & location
- Address
- 1000 N Oak Ave, Marshfield, WI, 54449
- City
- Marshfield
- State
- Wisconsin
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $69.2M (FY2013) to $140.0M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $37.9MNet assets $47.0M
Operating margin
0.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$84.9M
Total liabilities
$37.9M
Net assets
$47.0M
Salaries & benefits
$61.9M
44% of expenses
Board members
8
4 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $140,033,626▼8.3% | $139,788,639▼5.3% | $47,001,533▼21.8% | $84,890,656▼15.2% | 990 |
| 2023 | $152,630,451▲9.7% | $147,611,243▼3.8% | $60,096,797▼5.7% | $100,153,915▼4.5% | 990 |
| 2022 | $139,119,786▼14.3% | $153,394,369▲1.6% | $63,733,389▲175% | $104,854,905▲41.3% | 990 |
| 2021 | $162,384,298▲273% | $151,031,263▲312% | $23,200,656▼71.4% | $74,199,891▼45.9% | 990 |
| 2020 | $43,586,994▼70.8% | $36,644,676▼71.6% | $81,198,575▼1.7% | $137,256,294▼3.7% | 990 |
| 2019 | $149,348,693▲4.2% | $128,906,674▼0.4% | $82,642,425▲32.9% | $142,587,331▲34.0% | 990 |
| 2018 | $143,346,882▲56.0% | $129,446,680▲69.2% | $62,200,406▲24.6% | $106,412,465▲10.2% | 990 |
| 2017 | $91,869,150▲1.9% | $76,506,233▲9.5% | $49,924,138▲4.3% | $96,586,658▲1.6% | 990 |
| 2016 | $90,120,415▲2.2% | $69,866,512▲1.9% | $47,861,709▼9.8% | $95,082,020▼9.3% | 990 |
| 2015 | $88,200,495▲1.4% | $68,595,863▼1.5% | $53,057,295▼24.8% | $104,801,737▼15.1% | 990 |
| 2014 | $86,954,397▲25.6% | $69,621,369▲17.4% | $70,598,163▲12.8% | $123,504,147▲5.5% | 990 |
| 2013 | $69,219,582 | $59,296,834▼2.0% | $62,605,135▼6.2% | $117,102,841▼4.2% | 990 |
| 2012 | — | $60,516,333▼4.0% | $66,730,387▲1.2% | $122,242,322▼0.5% | 990 |
| 2011 | — | $63,021,878▲3.9% | $65,971,149▼29.4% | $122,828,997▼4.5% | 990 |
| 2010 | — | $60,672,374▲11.5% | $93,483,385▲39.5% | $128,620,549▲22.5% | 990 |
| 2009 | — | $54,437,421 | $67,019,843 | $104,956,226 | 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)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Brian Hoerneman Md | Board Member/interim Mchs Ceo | 1 | — |
| Cathy Bukowski | Former Mchs Cfo | 0 | — |
| Colleen Hoerneman | Chair | 1 | — |
| David Holmes | Board Member | 1 | — |
| Doug Mathison | Board Member | 1 | — |
| Edward Fernandez Md | Board Member | 1 | — |
| Jeanette Wojtalewicz | Interim Mchs Cfo | 1 | — |
| John Baltus | Secretary/treasurer | 1 | — |
| Mark Bradley | Vice Chair | 1 | — |
| Samantha Klebe Do | Board Member/mchs Cmo | 1 | — |
| Susan Turney Md | Former Mchs Ceo | 0 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Locumsmart LLC | Medical Services | $3,895,993 |
| Vaya Workforce Solutions LLC | Professional Services | $2,592,610 |
| Crothall Healthcare Inc | Food and Environmental | $1,599,099 |
| Morrison Healthcare | Food and Environmental | $1,463,262 |
| Shared Medical Services Inc | Professional Services | $713,613 |
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Compare Lakeview Medical Center Inc of Rice Lake
Frequently asked questions
- Is Lakeview Medical Center Inc of Rice Lake a legitimate nonprofit?
- Yes. Lakeview Medical Center Inc of Rice Lake is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 39-0837206, based in Marshfield, Wisconsin. Donations are tax-deductible.
- What is Lakeview Medical Center Inc of Rice Lake's EIN?
- Lakeview Medical Center Inc of Rice Lake's Employer Identification Number (EIN) is 39-0837206.
- How much revenue does Lakeview Medical Center Inc of Rice Lake report?
- Lakeview Medical Center Inc of Rice Lake reported $140,033,626 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Lakeview Medical Center Inc of Rice Lake's spending goes to programs?
- Lakeview Medical Center Inc of Rice Lake spends about 81% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Lakeview Medical Center Inc of Rice Lake have?
- CharityIndex grades Lakeview Medical Center Inc of Rice Lake A, based on program efficiency and fundraising cost.
- How much does Lakeview Medical Center Inc of Rice Lake's highest-paid employee make?
- The highest reported compensation on Lakeview Medical Center Inc of Rice Lake's latest Form 990 is $0, paid to Brian Hoerneman Md (Board Member/interim Mchs Ceo).
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Data for Lakeview Medical Center Inc of Rice Lake (EIN 39-0837206) 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.