LAKEVIEW MEMORIAL HOSPITAL ASSOCIATION INC

STILLWATER, MN, 55082-6605 (952) 883-6584 Est. 1880 EIN 41-0811697
E220— Health Care Form 990 501(c)(3)
WWW.LAKEVIEW.ORG

Mission

TO MEET THE HEALTHCARE NEEDS OF INDIVIDUALS, FAMILIES & COMMUNITIES OF THE ST. CROIX VALLEY.

Giving Portfolio

Total Grants
47
Total Giving
$709K
Recipients
47
Years Active
2018 - 2024
Avg grant: $27,668 Median: $10,038

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20241$100K $100K10
20238$104K $13K08
20229$113K $13K27
20208$116K $14K26
20198$99K $12K17
201813$178K $14K130

Sectors Funded

Human Services
26
Philanthropy & Grantmaking
3
Recreation & Sports
3
Health Care
3
Unknown
1
Community Improvement
1
Mental Health & Crisis Intervention
1

Top States

Minnesota
45
Wisconsin
2

Grantee Size Profile

$1M - $5M
19
$100K - $500K
7
$5M - $10M
5
$10M - $50M
5
Under $100K
2
Over $50M
1

Top Grantees

MN - 5 grants
$156K
MN - 5 grants
$78K
MN - 5 grants
$63K
MN - 5 grants
$60K
$50K
MN - 3 grants
$31K
MN - 2 grants
$18K
and 10 more grantees

Grants Awarded · 44 grants

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Financials

Total Revenue
$192,857,499
Total Expenses
$183,659,668
Net Assets
$126,309,920
1,309 employees 95 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
8.3 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 3.4%
Expenses ↑ 5.7%
Revenue Sources
Contributions 0.6% Earned revenue 98.5% Investment 0.8%
Expense Breakdown
Program 90.4% Management 9.6%

Officers & Trustees (27)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2024 Form 990$192,857,499 $183,659,668$126,309,920
2023 Form 990$186,536,777 $173,750,266$110,927,453
2022 Form 990$167,380,081 $160,867,696$99,383,941
2020 Form 990$127,373,639 $120,826,528$82,500,708
2019 Form 990$138,581,328 $122,238,760$79,887,638
2018 Form 990$123,054,775 $114,152,074$67,385,856

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EIN: 41-0811697 · Source: IRS Form 990 e-file data