Official Seal, Everything Is Broken (2026)

Everything Is Broken

Report No. 1 · Nonprofit Hospital Executive Pay vs Charity Care · Annual Report, 2026 edition

Minnesota · Ranked 585 of 1033 by CEO pay.

Lakewood Health System

Lisa Bjerga, CEO & President. Fiscal year ending 2024-12.

$649,186
CEO total compensation
Form 990 Part VII, columns D+E+F
0.17%
of expenses spent on charity care
Schedule H Part I line 7a
234.8%
CEO pay as a share of all charity care
In the most recent filing year, Lisa Bjerga’s reported compensation was $649,186. The system’s charity care for the same year was $276,431. One person’s reported compensation was 2.3 times what the system gave to every patient who could not pay.

§1The filing

Total revenue
$162,872,023
Total expenses
$160,305,049
Net assets
$108,510,503
Employees
1,126
Hospitals covered
1 facilities across 1 filing
Charity care, net
$276,431
Bad debt
$559,814
Medicare surplus (shortfall), as filed
($319,738)
CEO pay from the organization (Part VII col. D)
$612,785
From related organizations (col. E)
$0
Other compensation, including deferred pay and nontaxable benefits (col. F)
$36,401
CEO total compensation (D+E+F)
$649,186 to Lisa Bjerga

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, Lakewood Health System, EIN 41-1842965, fiscal year ending 2024-12, as published by the IRS. CEO identification: ceo title.

§2Community benefit versus charity care

What the system reported as total community benefit (Schedule H line 7k)$4.4M Of which charity care to patients who could not pay (line 7a)$276,431 (6%)

The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($559,814) and Medicare shortfall are reported separately by the IRS and are not community benefit on the form.

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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Lakewood Health System: CEO pay $649,186, charity care 0.17% of expenses