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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Health Care Madison Healthcare Services

Madison Healthcare Services

Fiscal year ending 2018. Filed on August 7, 2019.

900 Second Avenue
1100
Madison, Minnesota 56256

Madison Healthcare Services (EIN: 41-0706115) has filed an IRS Form 990 between fiscal years 2016 and 2023. In its fiscal year 2018 IRS Form 990 filing, Madison Healthcare Services, a 501(c)(3) charitable organization, reported compensation for 6 out of 222 total employees. Among the employees shown here, the average compensation is $209,563. The highest compensated employee at Madison Healthcare Services is Brant Hacker, M.D. with fiscal year 2018 compensation of $421,789.

Revenue, expenses, and employee compensation

Revenue

$16,894,551

Expenses

$16,607,382

Employee compensation

$8,872,042
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Brant Hacker, M.D.
Medical Doctor
$421,789
$276,805 No related comp$144,984
Maria Nolte
Physician
$235,208
$205,544 No related comp$29,664
Laura Hong, M.D.
Medical Doctor
$215,993
$187,993 No related comp$28,000
Erik Bjerke
President and Chief Executive Officer
$171,359
$128,205 No related comp$43,154
Michael Deyo Pa
Physician Assistant
$119,618
$103,634 No related comp$15,984
Carol Borgerson
Chief Financial Officer
$93,412
$65,975 No related comp$27,437

Benchmark Employee Compensation

Non-Employee Board Members

Angie Shelstad
Director
Brandon Ulstad
Secretary
Denise Connor
Director
Diane Morken
Director (10/1/17 - 12/31/17)
Joel Churness
Chair
John Maatz
Director
Lynn Zimmerman
Director
Wayne Enger
Director

Contractors

Big Stone Therapies
Contract Therapy
$928,614
Centracare Health
EMR - Software Training
$318,385
Central Minnesota Diagnostics
Contract CT and Ultrasound
$244,116
Acute Care Inc
Contract Locum Coverage
$199,933
Rsm LLP
Audit Reporting EMR Software
$126,456

Mission Statement

MADISON 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.

Revisions to this organization profile

July 31, 2024:
2023 Madison Healthcare Services 990 filed
August 11, 2023:
2022 Madison Healthcare Services 990 filed
August 10, 2022:
2021 Madison Healthcare Services 990 filed

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