LAKE VIEW MEMORIAL HOSPITAL INC

TWO HARBORS, MN, 55616 (218) 834-7300 Est. 1955 EIN 41-0786046
E22Z - Health Care 990 - Public charity return 501(c)(3)
www.lvmhospital.com

Mission

WE HEAL PEOPLE, PROMOTE HEALTH AND STRENGTHEN COMMUNITIES.

Financials

Total Revenue
$26,715,699
Total Expenses
$23,260,509
Net Assets
$40,016,754
174 employees 9 volunteers
From latest filing (tax period ending 2025-06-30)

Financial Health

Operating Reserve
20.6 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 11.6%
Expenses ↑ 3.1%
Revenue Sources
Contributions 0.1% Earned revenue 97.7% Investment 1.2% Other 1.0%
Expense Breakdown
Program 80.1% Management 19.9%

Filing History (5 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jul 1, 2024 to Jun 30, 2025
$26,715,699 ↑$23,260,509$40,016,754
2023 990 - Public charity return
Jan 1, 2023 to Dec 31, 2023
$23,940,143 ↓$22,560,517$32,350,129
2022 990 - Public charity return
Jan 1, 2022 to Dec 31, 2022
$24,788,142 ↑$22,281,833$29,427,832
2020 990 - Public charity return
Jan 1, 2020 to Dec 31, 2020
$20,715,565 ↑$17,369,474$23,292,153
2018 990 - Public charity return
Jan 1, 2018 to Dec 31, 2018
$19,429,541 $16,922,857$17,666,854

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EIN: 41-0786046 · Source: IRS Form 990 e-file data