MADISON HEALTHCARE SERVICES

MADISON HEALTHCARE SERVICES

Madison, MN, US
501(c)3
EIN
41-0706115
Hospital
Subordinate Organization

MADISON HEALTHCARE SERVICES

Madison, MN, US
501(c)3
EIN
41-0706115
Hospital
Subordinate Organization

Overview

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Est.

1945

Fiscal Year Start

Oct 1

Organization Type

Grantseeker
AI Summary
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Madison Healthcare Services is a nonprofit organization dedicated to enhancing the lives of individuals through hospital care and nursing home services, guided by Christian heritage and values. With an operating budget of $21.7 million and total revenue of $21.3 million for the 2024 filing year, the organization demonstrates a robust financial scale, although it relies on multiple funders without any single source contributing 50% or more of its revenue. More information can be found on their website at mhsmn.org.

Mission Statement

WE COMMIT TO ENRICH THE LIVES OF EVERYONE WE SERVE, GUIDED BY OUR CHRISTIAN HERITAGE AND VALUES.
Revenues

$21.3M

Expenses

$21.8M

Net Income:
-$468.4K
Assets

$45.6M

Liabilities

$13.4M

Net Assets:
+$32.2M
Operating Budget

$21.7M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

1

Median grant size
$7K
Largest grant received
$7K
E
Erik Bjerke
Board Member
C
Carol Borgerson
Board Member
J
Jeanene Munsterman
Board Member

Frequently Asked Questions

What is MADISON HEALTHCARE SERVICES’s budget?
In 2024, MADISON HEALTHCARE SERVICES reported an annual operating budget of around $21.7 million. More detailed financial information is available to registered users.
What causes does MADISON HEALTHCARE SERVICES support?
MADISON HEALTHCARE SERVICES supports work in Nursing homes and Hospital care.
Where does MADISON HEALTHCARE SERVICES operate?
MADISON HEALTHCARE SERVICES is headquartered in Madison, MN.
Who funded MADISON HEALTHCARE SERVICES recently?
In 2024, MADISON HEALTHCARE SERVICES received grants from SOUTHWEST MINNESOTA ARTS COUNCIL, THE LEONA M AND HARRY B HELMSLEY CHARITABLE TRUST, and FIDELITY INVESTMENTS CHARITABLE GIFT FUND. More information on this organization’s funders is available to registered users.
What is the largest grant MADISON HEALTHCARE SERVICES received in 2024?
The largest grant to MADISON HEALTHCARE SERVICES in 2024 exceeds $7,000.
What is MADISON HEALTHCARE SERVICES’s reliance on government grants?
MADISON HEALTHCARE SERVICES relied on government grants for less than 5% of their total revenue in 2024.
Overview
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