LAKEVIEW METHODIST HEALTH CARE CEN… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1985

Legal Domicile

Principal Officer

DEBORAH M BARNES

Phone

5072356606

Tax Period

2024-10-01 to 2025-09-30

LAKEVIEW METHODIST HEALTH CARE CENTER, founded in 1985, is a mid-sized nonprofit in the Health Care sector that reported $15.6M in total revenue in fiscal year 2024. Revenue surged 26% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.9M, a strong 25% operating margin.

Mission

THE MISSION OF LAKEVIEW IS TO DEMONSTRATE GOD'S LOVE FOR HIS PEOPLE THROUGH A CONTINUUM OF LIFE ENHANCING SUPPORTIVE SERVICES FOR OLDER ADULTS AND THEIR FAMILIES.

Program Service Accomplishments

Program 1

Expenses: $10,576,134 Revenue: $12,395,130

LAKEVIEW METHODIST HEALTH CARE CENTER OFFERS SKILLED NURSING CARE, REHABILITATION SERVICES, LONG-TERM PLACEMENT, AND HOUSES A CHILD DAY CARE CENTER. DURING THE FISCAL YEAR THE CARE CENTER PROVIDED...

LAKEVIEW METHODIST HEALTH CARE CENTER OFFERS SKILLED NURSING CARE, REHABILITATION SERVICES, LONG-TERM PLACEMENT, AND HOUSES A CHILD DAY CARE CENTER. DURING THE FISCAL YEAR THE CARE CENTER PROVIDED 23,108 INPATIENT SERVICE DAYS. THE ORGANIZATION ALSO MANAGES AN ASSISTED LIVING AND HOUSING UNIT FOR THE ELDERLY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,464,350

Program Service Revenue $12,420,141

Investment Income $601,116

Other Revenue $82,197

TOTAL REVENUE $15,567,804

Expense Breakdown

Grants Paid $63,912

Salaries & Benefits $6,876,555

Fundraising Expenses $0

Program Expenses $10,576,134

Other Expenses $4,684,064

TOTAL EXPENSES $11,624,531

Year-over-Year Comparison

	2024	2023	Change
Revenue	$15,567,804	$12,331,483	+0.3%
Expenses	$11,624,531	$11,373,945	+0.0%
Net Income	$3,943,273	$957,538	+3.1%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

225

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$195,147

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHARLES HAUGEN	PRESIDENT	1.00	Officer Director	$0	$0	$0
BRAD MUSSER	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
MELISSA TUMBLESON	TREASURER/SECRETARY	1.00	Officer Director	$0	$0	$0
JEFF ADAMS	DIRECTOR	1.00	Director	$0	$0	$0
DR JOHN LUND	DIRECTOR	1.00	Director	$0	$0	$0
DR TIM BACHENBERG	DIRECTOR	1.00	Director	$0	$0	$0
JASON SUBBERT	DIRECTOR	1.00	Director	$0	$0	$0
RENEE POPPE	DIRECTOR	1.00	Director	$0	$0	$0
JIM WILSON	DIRECTOR	1.00	Director	$0	$0	$0
DEBORAH BARNES	EXECUTIVE DIRECTOR	32.00	Officer	$101,533	$7,322	$108,855
TANIA WALLACE	FINANCIAL DIRECTOR	32.00	Officer	$60,816	$25,476	$86,292

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$15,567,804	$11,624,531	$36,752,470	$3,943,273
2024	$12,331,483	$11,373,945	$33,694,269	$957,538
2023	$10,893,463	$10,277,298	$32,998,486	$616,165
2022	$10,103,045	$9,648,271	$33,007,495	$454,774
2021	$10,007,691	$8,356,237	$30,063,570	$1,651,454
2020	$9,962,997	$8,157,403	$13,684,525	$1,805,594
2019	$9,590,630	$7,905,218	$8,409,280	$1,685,412
2018	$9,003,445	$7,553,775	$7,758,049	$1,449,670

LAKEVIEW METHODIST HEALTH CARE CENTER