EIN 41-0730602

Lake Region Healthcare Corporation

IRS 501(c) type
501(c)(3)
Num. employees
980
City
Fergus Falls
Year formed
1951
Most recent tax filings
2023-09-01
Description
Lake Region Healthcare Corporation is a not-for-profit provider of health care services operating a 108-bed hospital complete with a 94-bed acute hospital, a 14-bed psychiatric unit, and multiple clinic sites. It is located in Fergus Falls, MN and of...
Total revenues
$149,508,147
2023
Total expenses
$161,649,037
2023
Total assets
$155,566,956
2023
Num. employees
980
2023

Program areas at Lake Region Healthcare Corporation

Lake Region Healthcare Corporation is a not-for-profit provider of health care services operating a 108-bed hospital comprised of a 94-bed acute hospital, a 14-bed psychiatric unit, and multiple clinic sites. Out purpose is to meet the health care needs of the people in west central Minnesota. Our vision is to be Minnesota's preeminent regional health care partner. Our core values include integrity, teamwork, compassion, and excellence. Lake Region Healthcare Corporation is a provider of quality health care services, as noted by our accreditation by the joint commission. Services that Lake Region Healthcare provides include medical/surgical, peds, ob gyn, iccu, radiology/interventional radiology, occupational therapy, physical therapy, speech therapy, respiratory care, social work, surgery, oncology, birthing suites, cardiac rehab/ecp, emergency services, community wellness, and laboratory.
Lake Region Healthcare offers clinical services in four communities and a walk-in clinic. Specialties offered through clinic services include cardiology, ob gyn, pediatrics, ophthalmology, family medicine, internal medicine, urology, dermatology, ent, allergy, audiology, podiatry, pulmonology, sports medicine, surgery, and orthopedics.

Grants made by Lake Region Healthcare Corporation

GranteeGrant descriptionAmount
Greater Fergus Falls CorporationCommunity Benefit$15,000
Fergus Falls 544 Education FoundationCommunity Benefit$10,300
Chamber of Commerce of Fergus FallsCommunity Benefit$5,600
...and 1 more grant made

Who funds Lake Region Healthcare Corporation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Lake Region Healthcare FoundationGeneral Support$1,688,725
The Leona M and Harry B Helmsley Charitable TrustLake Region Healthcare Corporation Ultrasound Project$538,148
HM and CM Iverson Charitable Trust UwGeneral Operating$6,000
...and 1 more grant received

Personnel at Lake Region Healthcare Corporation

NameTitleCompensation
Kent MattsonChief Executive Officer$510,000
Camie PattersonChief Financial Officer$531,347
Wade JyrkasChief Information Officer$137,556
Roberta YoungChief Nursing Officer$288,269
Katie JohnsonVice President of Marketing and Mission Engagement$129,539
...and 10 more key personnel

Financials for Lake Region Healthcare Corporation

RevenuesFYE 09/2023
Total grants, contributions, etc.$1,980,060
Program services$138,584,222
Investment income and dividends$1,905,050
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$474,934
Net gain from sale of non-inventory assets$524,245
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$6,039,636
Total revenues$149,508,147

Form 990s for Lake Region Healthcare Corporation

Fiscal year endingDate received by IRSFormPDF link
2023-092024-08-14990View PDF
2022-092023-08-14990View PDF
2021-092022-08-12990View PDF
2020-092021-08-12990View PDF
2019-092020-09-23990View PDF
...and 10 more Form 990s

Organizations like Lake Region Healthcare Corporation

OrganizationLocationRevenue
Northbay Healthcare CorporationFairfield, CA$94,170,563
Conway Regional Health SystemConway, AR$261,652,035
Cottage HealthSanta Barbara, CA$245,918,183
Hawaii Pacific HealthHonolulu, HI$231,206,421
Covenant Health of East TennesseeKnoxville, TN$220,269,899
Freeman Health SystemJoplin, MO$654,512,246
Northeast Georgia Health System (NGHS)Gainesville, GA$353,523,338
Elliot Health System (EHS)Manchester, NH$676,586,588
Phoebe Putney Health SystemAlbany, GA$76,679,947
Phoebe Putney Memorial HospitalAlbany, GA$728,624,466
Data update history
September 24, 2024
Posted financials
Added Form 990 for fiscal year 2023
September 22, 2024
Used new vendors
Identified 3 new vendors, including , , and
September 21, 2024
Updated personnel
Identified 3 new personnel
September 21, 2024
Received grants
Identified 1 new grant, including a grant for $1,688,725 from Lake Region Healthcare Foundation
May 18, 2024
Received grants
Identified 1 new grant, including a grant for $6,000 from HM and CM Iverson Charitable Trust Uw
Nonprofit Types
Grantmaking organizationsHospitalsHealth organizationsHeadquarter / parent organizations
Issues
Health
Characteristics
LobbyingState / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
712 S Cascade St
Fergus Falls, MN 56537
County
Otter Tail County, MN
Website URL
lrhc.org/ 
Phone
(218) 736-8000
Facebook page
lakeregionhealthcare 
Twitter profile
@lrh_health 
IRS details
EIN
41-0730602
Fiscal year end
September
Taxreturn type
Form 990
Year formed
1951
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
E21: Community Health Systems
NAICS code, primary
622: Hospitals
Parent/child status
Central organization
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