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Lake View Memorial Hospital Inc.

Lake View Memorial Hospital Inc.

Two Harbors, MN 55616
Tax ID41-0786046

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About this organization

Revenue

$19,429,541

Expenses

$16,922,857

Mission

Serve as the leading provider of quality healthcare services to Lake County and the surrounding area.

About

Lake View Memorial Hospital, Inc. operates health care facilities and related programs including a hospital, ambulatory surgery, urgent care, and physician clinic for the benefit of Two Harbors and the surrounding communities. In furtherance of its charitable purpose, the hospital provides a variety of benefits to the community, including offering various community-based service programs and donating space for use by community groups. Additionally, a number of health-related educational programs are provided for the benefit of the community, including sponsoring a high school science class and programs designed to improve the general standard of health in the community. The hospital also provides medical care without charge or at reduced rates to residents of the community, primarily the uninsured and patients expressing a willingness to pay but are unable due to socio-economic factors.

Interesting data from their 2020 990 filing

The non-profit's aim, as indicated in the filing, is “The patient above all else.”.

When referring to its functions, they were specified as: “Serve as the leading provider of quality healthcare services to lake county and the surrounding area.”.

  • The non-profit has reported their operating state as MN, as required by law.
  • As stated in the filing, the non-profit's address in 2020 was 325 11TH AVENUE, TWO HARBORS, MN, 55616.
  • The non-profit's form reports a total of 148 employees as of 2020.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $2,506,684.
  • The organization has 7 independent voting members.
  • The organization was formed in 1955.
  • The organization pays $8,349,304 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.

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