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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$45.6M
+1.7% YoY
Annual Giving
$20K
+0.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$20K
+0.0% YoY
About Madison Healthcare Services
Based on IRS filings
Madison Healthcare Services is a nonprofit organization focused on Health, based in MADISON, MN. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $45.6M in total assets. In 2024, it awarded 1 grants totaling $20K. Net investment income was $198K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $45,584,186 | $44,800,779 | $46,574,607 |
| Revenue | $21,283,566 | $20,734,963 | $20,472,916 |
| Expenses | $21,752,005 | $20,919,092 | $20,672,379 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $197,706 | $467,390 | $342,769 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KARIN MOEN | CHAIRWOMAN | 1 | — |
| BART HILL | SECRETARY | 1 | — |
| SCOTT OMLAND | DIRECTOR | 1 | — |
| DAVID HALL | DIRECTOR | 1 | — |
| JEANENE MUNSTERMAN | DIRECTOR | 1 | — |
| TIM VOLK | DIRECTOR | 1 | — |
| TRUDY HASTAD | DIRECTOR | 1 | — |
| LYNN ZIMMERMAN | CHAIRWOMAN | 1 | — |
| ERIK BJERKE | CEO | 40 | $212,000 |
| CAROL BORGERSON | CFO | 40 | $110,444 |
| BRANT HACKER MD | MD | 40 | $447,237 |
| MARIA NOLTE MD | MD | 40 | $227,684 |
| HANNAH FIELDS MD | MD | 40 | $346,967 |
| MICHAEL DEYO PA | PHYSICIAN ASSISTANT | 32 | $111,174 |
| PAUL HODGE NP | NURSE PRACTITIONER | 40 | $157,620 |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Love 4 One Another Charities
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Donald and Luella Zibell Family Foundation
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Assets
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Minnesota Citizens Concerned
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Assets
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Total Given
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Clearway Minnesota (sm)
MINNEAPOLIS, MN
Assets
—
Grants
6
Total Given
$442K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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