Lakewood Health Center
Also known as Chi Lakewood Health
Lakewood Health Center reported $22.5 million in revenue and $22.2 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $91.48 went to program services, $7.81 to management and general costs and $0.71 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 92.2% of the total. The highest compensation it reported for one person was $616,729 (BOARD MEMBER/MARKET PRESIDENT REG HOSPITALS). 17 people received more than $100,000 in reportable compensation. Revenue rose 55% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $22MFor context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $23MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 91.5% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 7.8% | 13.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.7% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.16 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 4.4% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 3.5% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 92.2% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $616,729 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 2.78% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 17 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 4.9 | 6.6 |
| Independent voting board members Part VI 1a–1b | 1 of 4 | 88.9% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseHighest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| BOARD MEMBER/MARKET PRESIDENT REG HOSPITALS Director/trustee, 1.00 hrs/week | $0 | $522,725 | $94,004 | $616,729 |
| PHYSICIAN EMERGENCY MEDICINE Highest compensated employee, 40.00 hrs/week | $470,915 | $0 | $21,688 | $492,603 |
| PHYSICIAN/DIRECTOR/CHIEF OF MEDICAL STAFF Director/trustee, 50.00 hrs/week | $360,286 | $0 | $56,218 | $416,504 |
| MARKET CFO Officer, 1.00 hrs/week | $0 | $319,497 | $48,789 | $368,286 |
| PRESIDENT LAKEWOOD HEALTH Director/trustee, officer, 50.00 hrs/week | $319,728 | $0 | $46,143 | $365,871 |
| FORMER MARKET CFO Former, 0.00 hrs/week | $0 | $293,806 | $52,737 | $346,543 |
| VP OF FINANCE/TREASURER Officer, 10.00 hrs/week | $0 | $198,054 | $50,138 | $248,192 |
| VP PATIENT CARE SERVICES Key employee, 40.00 hrs/week | $187,726 | $0 | $41,330 | $229,056 |
17 people received more than $100,000 in reportable compensation from Lakewood Health Center (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.1M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b4 · 1 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aNo
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5167
- Volunteers Part I, line 625
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| PSYCHIATRIC MEDICAL CARE LLC Medical services | $549,492 |
| NATIONAL MEDICAL RESOURCES INC Healthcare staffing services | $243,153 |
| NATIONAL GVMT SVCS INC Medicare contracting services | $222,673 |
| DORHOLT TILE & HOME CENTER INC Flooring services | $183,009 |
| MEDICAL SOLUTIONS LLC Healthcare staffing services | $151,856 |
Individuals listed as contractors are left out. 5 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from Lakewood Health Center's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Lakewood Health Center, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Lakewood Health Center spent in FY2025, $91.48 went to programs. The full breakdown, from its IRS Form 990:
Embed on your site
Similar-sized charities in this cause
- Sparrow Specialty HospitalLansing, MI · revenue $23M · programs 82.7% · FY2025
- First Choice Health CentersEast Hartford, CT · revenue $23M · programs 68.0% · FY2025
- Magnolia Regional Health SystemMagnolia, AR · revenue $23M · programs 80.1% · FY2025
- Presbyterian Village EastChesterfield Twp, MI · revenue $23M · programs 88.0% · 2024
- Wagner Community Memorial HospitalWagner, SD · revenue $23M · programs 84.1% · FY2025
Questions people ask
How much of Lakewood Health Center's spending goes to programs?
In the fiscal year ending June 30, 2025, Lakewood Health Center reported that 91.5% of its $22.2 million in expenses went to program services, 7.8% to management and general and 0.7% to fundraising (Form 990, Part IX).
How much does Lakewood Health Center pay its top executive?
The largest total compensation Lakewood Health Center reported for one person in the fiscal year ending June 30, 2025 was $616,729, for the role of BOARD MEMBER/MARKET PRESIDENT REG HOSPITALS (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Lakewood Health Center get its money?
Of $22.5 million in revenue in the fiscal year ending June 30, 2025, 4.4% came from contributions and grants (including 3.5% from government grants) and 92.2% from program service revenue (Form 990, Part VIII).
Is Lakewood Health Center a registered charity?
The IRS lists EIN 41-0758434 as a 501(c)(3) organization (hospital or medical research organization), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202631359349304063 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202541339349304214 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202441309349302194 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341319349300734 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201339349302120 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202131269349301648 · read the filing
All filings for EIN 41-0758434: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.