Overview

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Est.

1945

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

MADISON HEALTHCARE SERVICES is a nonprofit focused on hospital care and nursing homes, guided by its Christian heritage and values and stating a mission to enrich the lives of everyone it serves. For filing year 2025, it reported an operating budget of $22.3M and total revenue of $21.8M; its listed top funders include $THE LEONA M AND HARRY B HELMSLEY CHARITABLE TRUST, $MINNESOTA HOSPITAL ASSOCIATION, and $SOUTHWEST MINNESOTA ARTS COUNCIL.

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
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  • 4 funders
  • 39 board & team members
  • 11 historic 990s & financials
  • 6-year operating budget trend
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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.