Wisconsin Dialysis Inc
- Assets
- $35.4m
- Revenue
- $5.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Fitchburg, WI
- Founding
- 01/2003
- Data as of
- 06/2020
- EIN
- 30-0072647
Organization Overview
Wisconsin Dialysis Inc is located in Fitchburg, WI. The organization was established in 2003. According to its NTEE Classification (E32) the organization is classified as: Community Clinics, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wisconsin Dialysis Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2020, Wisconsin Dialysis Inc generated $5.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (22.0%) each year. All expenses for the organization totaled $6.1m during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (17.1%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE OUTPATIENT KIDNEY DIALYSIS TREATMENTS FOR PATIENTS IN A CLINIC OR HOME BASED SETTING ACCORDING TO THE REGULATIONS ESTABLISHED BY THE CENTERS FOR MEDICARE & MEDICAID.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WISCONSIN DIALYSIS, INC. PROVIDES DIALYSIS CARE TO END STAGE RENAL DISEASE PATIENTS THROUGHOUT CENTRAL WISCONSIN, WITH CLINICS IN FITCHBURG AND MADISON, HOME SERVICES, AND INPATIENT CARE. FROM JULY 1, 2019 THROUGH SEPTEMBER 30, 2019, WISCONSIN DIALYSIS PROVIDED 9,963 TREATMENTS. WISCONSIN DIALYSIS ALSO FOCUSED ON HOME PATIENT TRAINING WITH AN EYE TO ENCOURAGE FEWER HOSPITALIZATIONS IN THE FUTURE. WISCONSIN DIALYSIS SERVICES ARE GOVERNED BY CMS (MEDICARE) AND MUST MEET A SET OF CLINICAL STANDARDS ESTABLISHED THROUGH THE QUALITY IMPROVEMENT PROGRAM (QIP). PATIENT DATA IS REPORTED ON A REGULAR BASIS TO CMS. AS OF 10/1/2019, WDI CONTRIBUTED SUBSTANTIALLY ALL OF THE ASSETS USED IN ITS BUSINESS TO FRESENIUS KIDNEY CARE MADISON, LLC. WDI RETAINS A 30% MEMBERSHIP INTEREST IN FRESENIUS KIDNEY OF MADISON, OF WHICH UWHC RETAINS A 45% MEMBERSHIP INTEREST, UNITY POINT-MERITER RETAINS A 45% MEMBERSHIP INTEREST, AND UWMF RETAINS A 10% MEMBERSHIP INTEREST.
WISCONSIN DIALYSIS, INC. PROVIDES DIALYSIS CARE TO END STAGE RENAL DISEASE PATIENTS THROUGHOUT CENTRAL WISCONSIN, WITH CLINICS IN FITCHBURG AND MADISON, HOME SERVICES, AND INPATIENT CARE. FROM JULY 1, 2019 THROUGH OCTOBER 7, 2019, WISCONSIN DIALYSIS PROVIDED 9,963 TREATMENTS. WISCONSIN DIALYSIS ALSO FOCUSED ON HOME PATIENT TRAINING WITH AN EYE TO ENCOURAGE FEWER HOSPITALIZATIONS IN THE FUTURE. WISCONSIN DIALYSIS SERVICES ARE GOVERNED BY CMS (MEDICARE) AND MUST MEET A SET OF CLINICAL STANDARDS ESTABLISHED THROUGH THE QUALITY IMPROVEMENT PROGRAM (QIP). PATIENT DATA IS REPORTED ON A REGULAR BASIS TO CMS. ON 10/7/2019, WDI CONTRIBUTED SUBSTANTIALLY ALL OF THE ASSETS USED IN ITS BUSINESS TO FRESENIUS KIDNEY CARE MADISON, LLC. WDI RETAINS A 30% MEMBERSHIP INTEREST IN FRESENIUS KIDNEY OF MADISON. UWHCA RETAINED A 45% MEMBERSHIP INTEREST, UNITY POINT-MERITER RETAINED A 45% MEMBERSHIP INTEREST, AND UWMF RETAINED A 10% MEMBERSHIP INTEREST IN WDI.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Jeff Pothof Director | Trustee | 0.3 | $0 |
Mary Link President | OfficerTrustee | 0.3 | $0 |
Jodi Vitello Director | Trustee | 0.3 | $0 |
Karil Walther VP Primary Care | Officer | 0.3 | $0 |
Ronald Schroeder Treasurer | OfficerTrustee | 0.5 | $0 |
Karen Schlageter RN Clinic Manager | 32 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Medefis Inc Agency Staffing | 6/29/20 | $1,399,253 |
University Of Wisconsin Medical Foundati Medical Director Fees | 6/29/20 | $128,257 |
Medefis Inc Agency Staffing | 6/29/20 | $1,399,253 |
Dialysis Solutions Llc Repairs And Maintenance | 6/29/20 | $116,834 |
Foundation Medical Staffing Agency Staffing | 6/29/20 | $1,132,935 |
Foundation Medical Staffing Agency Staffing | 6/29/20 | $1,132,935 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $500 |
| Investment income | $181,616 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$14,995 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,162,982 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,328,003 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $974,526 |
| Payroll taxes | $292,307 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,443 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $139,976 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $167,436 |
| Travel | $845 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $76,772 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $6,113,223 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $6,788,358 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,208,373 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,238 |
| Investments—publicly traded securities | $7,766,769 |
| Investments—other securities | $0 |
| Investments—program-related | $19,516,931 |
| Intangible assets | $0 |
| Other assets | $71,925 |
| Total assets | $35,354,594 |
| Accounts payable and accrued expenses | $31,803 |
| Grants payable | $0 |
| Deferred revenue | $4,680 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $537,829 |
| Total liabilities | $574,312 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $34,780,282 |
Grants Awarded
Over the last fiscal year, Wisconsin Dialysis Inc has awarded $4,000,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
UNITYPOINT HEALTH-MERITER PURPOSE: Dialysis Services | $1,800,000 |
UNIVERSITY OF WISCONSIN HOSPITALS AND CLINICS AUTHORITY PURPOSE: Dialysis Services | $1,800,000 |
UNIVERSITY OF WISCONSIN MEDICAL FOUNDATION PURPOSE: Dialysis Services | $400,000 |