Lake Region Healthcare Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 12,539,725 | 12,056,110 | 483,615 | 4.6 | 30% |
| 2011 | 13,497,599 | 12,487,235 | 1,010,364 | 5.4 | 32% |
| 2012 | 15,011,367 | 13,751,445 | 1,259,922 | 6.1 | 31% |
| 2013 | 15,535,506 | 14,578,904 | 956,602 | 6.6 | 31% |
| 2014 | 17,813,657 | 17,499,897 | 313,760 | 5.7 | 27% |
| 2015 | 14,444,279 | 14,780,553 | −336,274 | 6.3 | 25% |
| 2016 | 17,330,069 | 18,092,262 | −762,193 | 4.7 | 28% |
| 2017 | 20,120,736 | 19,103,745 | 1,016,991 | 5.2 | 25% |
| 2018 | 17,980,113 | 18,470,591 | −490,478 | 5.1 | 29% |
| 2019 | 18,229,906 | 19,775,891 | −1,545,985 | 3.8 | 25% |
| 2020 | 23,056,654 | 19,840,258 | 3,216,396 | 5.8 | 26% |
| 2021 | 18,758,462 | 19,510,632 | −752,170 | 5.7 | 26% |
| 2022 | 19,098,894 | 19,002,259 | 96,635 | 5.5 | 27% |
| 2023 | 19,665,807 | 19,870,294 | −204,487 | 5.3 | 27% |
In its most recent public year (2023), this organization spent $204,487 more than it brought in. Its reserves stood at about 5.3 months of spending. Staff pay was 27% of spending. $330,086 of its net assets are donor-restricted.
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