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Organizations Health Care Madison Healthcare Services

Madison Healthcare Services

Fiscal year ending 2019. Filed on July 29, 2020.

900 Second Avenue
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 2019 IRS Form 990 filing, Madison Healthcare Services, a 501(c)(3) charitable organization, reported compensation for 7 out of 242 total employees. Among the employees shown here, the average compensation is $212,856. The highest compensated employee at Madison Healthcare Services is Brant Hacker, M.D. with fiscal year 2019 compensation of $433,314.

Revenue, expenses, and employee compensation

Revenue

$18,493,031

Expenses

$16,806,411

Employee compensation

$8,935,531
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Brant Hacker, M.D.
Medical Doctor
$433,314
$321,662 No related comp$111,652
Maria Nolte, M.D.
Medical Doctor
$278,273
$230,349 No related comp$47,924
Laura Hong, M.D.
Medical Doctor
$224,536
$201,492 No related comp$23,044
Erik Bjerke
President and Chief Executive Officer
$196,820
$149,127 No related comp$47,693
Michael Deyo Pa
Physician Assistant
$145,161
$127,800 No related comp$17,361
Paul Hodge, Np
Nurse Practitioner
$127,166
$116,844 No related comp$10,322
Carol Borgerson
Chief Financial Officer
$84,721
$70,206 No related comp$14,515

Benchmark Employee Compensation

Non-Employee Board Members

Angie Shelstad
Director
Brandon Ulstad
Chair
Denise Connor
Secretary
Joel Churness
Chairman (Through December 2018)
John Maatz
Director
Karin Moen
Director
Kirsten Gloege
Director
Lynn Zimmerman
Director
Wayne Enger
Director (Part-Year)

Contractors

Big Stone Therapies Inc
Contract Therapy
$936,553
Centracare Health
EMR Software Support/Licensing/Etc
$386,235
Central Minnesota Diagnostics
Contract CT and Ultrasound
$270,194
Acute Care Inc
Contract Locum Coverage
$175,547
John Sovell
Anesthesiologist
$113,219

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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