Cause IQ organization profile

Lakewood Health System

Program areas | Form 990s | Financials | Vendors | Personnel | Peers

Lakewood Health System is a general hospital based in Staples, MN that was founded in 1996. As of 2019 they had $106 million in revenue and $121 million in assets.

Lakewood Health System is a not-for-profit healthcare facility located in Staples, Minnesota. Since 1936, Lakewood Health System has made it their business to be sure you are well cared for.

Fiscal year end:
Revenue trends:
Asset trends:

Program areas at Lakewood Health System

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 behavioral Health unit in staples, Minnesota. The organization also operates clinics located in staples, motley, pillager, eagle bend, and browerville, Minnesota. Physicians, physician's assistants, and nurse practitioners provide clinic patients with primary care and other Health care services. In addition, the organization operates a dermatology clinic in sartell, minnesota.the organization provided for 3,956 inpatient hospital and swing-bed days, 3,239 inpatient geriatric behavioral Health unit days, 76,724 medical and mental Health rural Health clinic visits and 8,472 dermatology clinic visits.

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. In addition to skilled nursing care, the organization also operates home Health care and hospice programs to provide nursing care and assistance at the patient's residence. Assisted living and independent living facilities operated by the organization, located in staples, Minnesota, provide combinations of health-related and supportive services for tenants. The organization provided for 33,286 resident days in the nursing home and 613 assisted living unit rented months.

Form 990s for Lakewood Health System

Fiscal year endingDate received by IRSFormPDF link
2019-12Oct 29, 2020990View PDF
2018-12Nov 4, 2019990View PDF
2017-12Oct 16, 2018990View PDF
2016-12Sep 28, 2017990View PDF
2015-12Dec 15, 2016990View PDF
...and nine more Form 990 PDFs

Financials for Lakewood Health System

Total grants, contributions, etc.$664,998
Program services$104,921,172
Investment income and dividends$299,325
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$2,244
Net income from fundraising events$-33,548
Net income from gaming activities$0
Net income from sales of inventory$-26,944
Miscellaneous revenues$868,075
Total revenues$106,695,322

Vendors for Lakewood Health System

VendorServicesAmount paidDate
Usi Insurance Services LLCInsurance agent or broker$3,3192019-12-31
████ █████████ ███████ ██ █████ ███████Insurance2019-12-31
████████ █████ █████████ ████Insurance2019-12-31
██████████████ ████Insurance2019-12-31
███████ ████████ ██████████ ███Insurance agent or broker$262019-12-31
████ ██████Insurance agent or broker$1,6162019-12-31
██████ ███Tax accounting; Recordkeeping and information management (computing, tabulating, data processing, etc.); Investment advisory (participants), Investment advisory (plan)$33,7772019-04-23
███████ ██ ██████████ ███████Mri and CT Services$861,5512018-12-01
...and 14 more vendors

Personnel at Lakewood Health System

NameTitleCompensationMost recent data
Tim RicePresident and Chief Executive Officer$496,908Aug. 8, 2020
Teresa FisherChief Nursing Officer and Chief Operating Officer$243,190Dec. 31, 2017
████ ██████Chief Financial Officer$259,066Aug. 8, 2020
████ ██████Chief Medical Officer$504,475Aug. 8, 2020
███ ██████Vice President of Information Technology-Aug. 8, 2020
████ ████████Vice President of Strategy and Development-Aug. 8, 2020
███████ ███████Vice President of Nursing-Aug. 8, 2020
█████ ███████Vice President of Clinics and Medical Affairs / Vice President of Hospital and Clinic Services$243,531Aug. 8, 2020
█████ ██████Vice President of Senior Services-Aug. 8, 2020
████ ████Vice President of Support Services$247,196Aug. 8, 2020
...and 14 more key personnel

Peer general hospitals

1CentraCare Health Melrose501(c)(3)$46 millionMelrose, MN
2St Mary's Healthcare Center501(c)(3)$102 millionPierre, SD
3Glencoe Regional Health Services (GRHS)501(c)(3)$64 millionGlencoe, MN
4Family Health West (FHW)501(c)(3)$51 millionFruita, CO
5Essentia Health Deer River501(c)(3)$38 millionDeer River, MN
6Mayo Clinic Health System-Lake City501(c)(3)$42 millionLake City, MN
7Winona Health501(c)(3)$108 millionWinona, MN
8Essentia Health-St. Mary's Medical Center501(c)(3)$485 millionDuluth, MN
9Mayo Clinic Health System-Fairmont501(c)(3)$76 millionFairmont, MN
10Amery Hospital and Clinic501(c)(3)$61 millionMinneapolis, MN
11Healtheast St. John's Hospital501(c)(3)$266 millionMinneapolis, MN
12Essentia Health St Joseph's Medical Center501(c)(3)$217 millionBrainerd, MN
13CentraCare Health System501(c)(3)$307 millionSt Cloud, MN
14St Francis Regional Medical Center501(c)(3)$172 millionMinneapolis, MN
15Mille Lacs Health System501(c)(3)$44 millionOnamia, MN
16Range Regional Health Services501(c)(3)$126 millionHibbing, MN
17Hutchinson Health501(c)(3)$94 millionHutchinson, MN
18Mayo Clinic Health System-Albert Lea and Austin501(c)(3)$313 millionAustin, MN
19Ridgeview Medical Center501(c)(3)$267 millionWaconia, MN
20Healtheast Woodwinds Hospital501(c)(3)$174 millionMinneapolis, MN
21Mayo Clinic Health System in Mankato501(c)(3)$344 millionMankato, MN
22CHI St Gabriel's Health501(c)(3)$79 millionLittle Falls, MN
23Lake Region Healthcare Corporation501(c)(3)$135 millionFergus Falls, MN
24Riverview Healthcare Association501(c)(3)$60 millionCrookston, MN
25Stevens Community Medical Center501(c)(3)$40 millionMorris, MN