Mission
MADISON HEALTHCARE SERVICES, WHICH INCLUDES THE MADISON LUTHERAN HOME, MADISON HOSPITAL, LAC QUI PARLE CLINIC, AND SUBSIDIARIES, IS COMMITTED TO ENRICH THE LIVES OF EVERYONE WE SERVE, GUIDED BY OUR CHRISTIAN HERITAGE AND VALUES.
Public Charity
MADISON HEALTHCARE SERVICES
MADISON HEALTHCARE SERVICES, of MADISON, MN, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $21.8M in revenue, $22.4M in expenses, $44.7M in total assets. 3 publicly reported grants to this organization, totaling roughly $74K, appear in IRS filings.
EIN: 410706115
MADISON, MN
General Hospitals
NTEE: E22
Latest filing: 2025
Total Revenue$21.8M
Total Expenses$22.4M
Total Assets$44.7M
Grant Records3
Funding Total$74K
Filing Years2021–2025
Where $100 goes at Madison Healthcare Services
How Madison Healthcare Services divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$88
Programs
the work itself
$12
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $88 for programs
$40
Madison hospital is a 12 bed hospital that provides service to the community in the areas of acute inpatient care and skilled swing bed rehabilitation
$34
Madison Healthcare Services is a nonprofit healthcare organization dedicated to providing high-quality medical care and wellness services to western minnesota
$14
The medical staff at the clinic consists of two m.D.'S , one pa-c's, and two nurse practitioners available 5-days-a-week and half on saturday
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
$7,000
For grant recipient's exempt purposes
$50,000
SPECIAL PATHOGEN PREPAREDNESS AND RESPONSE
$17,304
Showing up to 5 of 3 total records — full history available with membership.
Officers & Directors
SECRETARY
Bart Hill
MD
Brant Hacker Md
CFO
Carol Borgerson
CEO
Erik Bjerke
MD
Hannah Fields Md
DIRECTOR
Jeanene Munsterman
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $21.8M | $22.4M | $44.7M |
| 2024 | $21.3M | $21.8M | $45.6M |
| 2023 | $20.7M | $20.9M | $44.8M |
| 2022 | $20.5M | $20.7M | $46.6M |
| 2021 | $23.2M | $18.2M | $39.7M |
Between 2021 and 2025, reported annual revenue declined from $23.2M to $21.8M (-6%), with total assets most recently reported at $44.7M.
Interactive year-over-year charts and full filing details available with membership.