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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 2023. Filed on July 31, 2024.

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 2023 IRS Form 990 filing, Madison Healthcare Services, a 501(c)(3) charitable organization, reported compensation for 7 out of 208 total employees. Among the employees shown here, the average compensation is $227,198. The highest compensated employee at Madison Healthcare Services is Brant Hacker, M.D. with fiscal year 2023 compensation of $423,931.

Revenue, expenses, and employee compensation

Revenue

$20,734,963

Expenses

$20,919,092

Employee compensation

$11,663,135
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Brant Hacker, M.D.
MD
$423,931
$388,421 No related comp$35,510
Maria Nolte, M.D.
MD
$314,449
$269,980 No related comp$44,469
Erik Bjerke
Chief Executive Officer
$254,671
$201,628 No related comp$53,043
Paul Hodge, Np
Nurse Practitioner
$182,420
$169,569 No related comp$12,851
Michael Deyo Pa
Physician Assistant
$166,156
$144,813 No related comp$21,343
Carol Borgerson
Chief Financial Officer
$125,532
$109,328 No related comp$16,204
Maribeth Olson
Physician Assistant
$123,224
$118,711 No related comp$4,513

Benchmark Employee Compensation

Non-Employee Board Members

Bart Hill
Director
David Hall
Director
Jeanene Munsterman
Director
Karin Moen
Secretary
Lynn Zimmerman
Chair
Scott Omland
Director
Tim Volk
Director

Contractors

Big Stone Therapies
Contract Therapy
$1,040,215
Karekrest LLC
Agency Staffing Nursing
$664,166
Centracare Health
EMR Software Support/Licensing/Etc
$383,199
Central Minnesota Diagnostics Inc.
Contract CT and Ultrasound
$315,173
Medical Solutions LLC
Agency Staffing Nursing
$246,194

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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