Public Charity

LAKEWOOD HEALTH SYSTEM

LAKEWOOD HEALTH SYSTEM is a nonprofit organization categorized as Public Charity based in STAPLES, MN. Its most recent IRS filing (2024) reports revenue of $162.9M, expenses of $160.3M, total assets of $206.8M. Imperigo tracks 17 reported grant relationships connected to this organization totaling approximately $249K.

EIN: 411842965 STAPLES, MN Community Health Systems NTEE: E21 Latest filing: 2024
Total Revenue$162.9M
Total Expenses$160.3M
Total Assets$206.8M
Grant Records17
Funding Total$249K
Filing Years2020–2024

Mission

THE MISSION OF LAKEWOOD HEALTH SYSTEM IS TO PROVIDE QUALITY, PERSONALIZED HEALTHCARE FOR A LIFETIME.

Where $100 goes at Lakewood Health System

How Lakewood Health System divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$81 Programs the work itself
$19 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 $81 for programs

$73
Hospital and clinics -Lakewood Health System (the organization) operates a 25-bed critical access hospital providing inpatient, outpatient, emergency, and other specialty health care services, including a 10-bed geriatric…
90% of program spending · Reported in the filing: 9,799 visits
$8
Senior services -the organization operates a 100-bed, medicare-certified skilled nursing facility in Staples, minnesota, that provides long-term and rehabilitative care to residents
10% of program spending · Reported in the filing: 13 beds
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

CHIEF MEDICAL OFFICER Christine Albrecht
CRNA Cody Crawford
VP OF NURSING (THRU 06/24) Corrine Neisess
VP - CLINICS & MEDICAL PROVIDERS Craig Wolhowe
CHAIRMAN Curt Mcilravy
BOARD MEMBER Dan Douts

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$53,472 2 grants
Food Assistance & Nutrition
$47,820 1 grant
Health & Medicine
$25,228 2 grants
Public Safety & Disaster Relief
$17,304 1 grant
General Support
$12,500 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $162.9M $160.3M $206.8M
2023 $148.0M $144.7M $162.8M
2022 $136.4M $125.7M $163.3M
2021 $128.1M $121.0M $171.2M
2020 $115.0M $107.2M $153.4M

Between 2020 and 2024, reported annual revenue grew from $115.0M to $162.9M (+42%), with total assets most recently reported at $206.8M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for LAKEWOOD HEALTH SYSTEM

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