Madison Healthcare Services

Health care organization based in Madison, MN. 218 employees. Exempt under §501(c)(3).

MissionMADISON HEALTHCARE SERVICES, WHICH INCLUDES THE MADISON LUTHERAN HOME, MADISON HOSPITAL, LAC QUI PARLE CLINIC, AND SUBSIDIARIES, IS COMMITTED TO ENRICH THE LIVES OF EVERYONE WE SERVE, GUIDED BY OUR CHRISTIAN HERITGAGE AND VALUES.

Financial snapshot · TY 2023

$21.3M
Total revenue
$21.8M
Total expenses
$45.6M
Net assets

Financial health · TY 2023

67
Moderate financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
98
17.7 months of expenses
Program efficiency
59
73.7% spent on programs
Revenue diversity
19
Mix of program fees, grants & contributions

Leadership compensation

$483,037
99th percentile vs. peers
$377,895
99th percentile vs. peers
$278,856
99th percentile vs. peers
$272,444
65th percentile vs. peers
Paul Hodge Np
NURSE PRACTITIONER
$172,707
99th percentile vs. peers

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Madison Healthcare Services Executive Compensation | 990 Data | DoubleNine