Lake Region Healthcare Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 104,248,043 | 101,692,209 | 2,555,834 | 8.4 | 34% |
| 2012 | 105,778,687 | 109,620,459 | −3,841,772 | 7.5 | 34% |
| 2013 | 106,129,559 | 106,317,506 | −187,947 | 7.9 | 35% |
| 2014 | 121,404,508 | 116,645,549 | 4,758,959 | 7.8 | 31% |
| 2015 | 125,358,746 | 120,912,384 | 4,446,362 | 7.7 | 32% |
| 2016 | 123,339,348 | 124,415,121 | −1,075,773 | 7.5 | 33% |
| 2017 | 131,884,487 | 130,484,645 | 1,399,842 | 8.4 | 32% |
| 2018 | 135,251,763 | 133,771,592 | 1,480,171 | 8.4 | 32% |
| 2019 | 135,455,552 | 135,576,305 | −120,753 | 8.0 | 31% |
| 2020 | 144,329,456 | 133,523,933 | 10,805,523 | 9.4 | 31% |
| 2021 | 142,320,995 | 138,994,598 | 3,326,397 | 10.0 | 30% |
| 2022 | 147,953,860 | 142,198,354 | 5,755,506 | 9.5 | 31% |
| 2023 | 149,508,147 | 161,649,037 | −12,140,890 | 7.7 | 30% |
In its most recent public year (2023), this organization spent $12,140,890 more than it brought in. Its reserves stood at about 7.7 months of spending. Staff pay was 30% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Lake Region Healthcare Corporation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works