Minnesota · Ranked 520 of 1033 by CEO pay.
Lake Region Healthcare
Kent Mattson, CEO. Fiscal year ending 2025-09.
Form 990 Part VII, columns D+E+F
Schedule H Part I line 7a
§1The filing
- Total revenue
- $203,427,197
- Total expenses
- $200,313,189
- Net assets
- $119,992,667
- Employees
- 1,088
- Hospitals covered
- 2 facilities across 2 filings
- Charity care, net
- $908,000
- Bad debt
- $6,258,253
- Medicare surplus (shortfall), as filed
- ($396,070)
- CEO pay from the organization (Part VII col. D)
- $685,803
- From related organizations (col. E)
- $0
- Other compensation, including deferred pay and nontaxable benefits (col. F)
- $84,285
- CEO total compensation (D+E+F)
- $770,088 to Kent Mattson
Medicare surplus (shortfall) is Schedule H Part III line 7: Medicare revenue minus the cost of Medicare care. A figure in parentheses is a shortfall. Like bad debt, it is not community benefit on the IRS form.
Source: Form 990, Lake Region Healthcare, EIN 41-0730602, fiscal year ending 2025-09, as published by the IRS. CEO identification: ceo title.
§2Community benefit versus charity care
The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($6.3M) and Medicare shortfall are reported separately by the IRS and are not community benefit on the form.
§3Filings in this system
| Filing entity | EIN | FY end | Revenue | Charity care | % of expenses | Filing |
|---|---|---|---|---|---|---|
| Lake Region Healthcare Corporation | 41-0730602 | 2025-09 | $178.7M | $783,000 | 0.46% | 990 |
| Prairie Ridge Hospital and Health Services Inc | 41-1763968 | 2025-09 | $24.7M | $125,000 | 0.56% | 990 |
Every number on this page was copied from the filing linked above. If a figure is wrong, send the filing that contradicts it and the correction runs at the top of this page.
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