Prohealth Medical Group Inc
- Assets
- $115.0m
- Revenue
- $131.6m
- Investments
- $707.3k
- Employees
- 1,030
- Location
- Oconomowoc, WI
- Founding
- 06/1956
- Data as of
- 09/2023
- EIN
- 39-0794174
Organization Overview
Prohealth Medical Group Inc, operating under the name Prohealth Oconomowoc Memorial Hospital, is located in Oconomowoc, WI. The organization was established in 1956. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 09/2023, Prohealth Oconomowoc Memorial Hospital employed 1,030 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Prohealth Oconomowoc Memorial Hospital 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 09/2023, Prohealth Oconomowoc Memorial Hospital generated $131.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $128.9m during the year ending 09/2023. While expenses have increased by 3.7% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE GENERAL ACUTE CARE AND SUPPORT ACTIVITIES.
Describe the Organization's Program Activity:
PROHEALTH OCONOMOWOC MEMORIAL HOSPITAL FULFILLS ITS EXEMPT PURPOSE BY PROVIDING CARE AND SERVICES TO ALL PATIENTS REGARDLESS OF INSURANCE OR ABILITY TO PAY. PROHEALTH OCONOMOWOC MEMORIAL HOSPITAL ALSO USES ITS RESOURCES TO ADDRESS VARIOUS COMMUNITY NEEDS. PROHEALTH OCONOMOWOC MEMORIAL HOSPITAL PROVIDED APPROXIMATELY 8,909 DAYS OF INPATIENT CARE AND APPROXIMATELY 85,554 OUTPATIENT VISITS DURING THE FISCAL YEAR ENDED SEPTEMBER 30, 2023.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Edwards President And CEO - Phc | OfficerTrustee | 2 | $0 |
Gary Beyer Chairperson | OfficerTrustee | 2 | $0 |
John Hallett Vice Chairperson | OfficerTrustee | 2 | $0 |
Andrew Gutierrez Chief Financial Officer | Officer | 2 | $0 |
Kenneth Price Chief Operating Officer | Officer | 2 | $0 |
Sharon Rehnberg Mgr Patient Care | 40 | $137,402 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Phcoaw Co-management Company Management Services | 9/29/23 | $1,106,109 |
Superior Health Linens Linen Service | 9/29/23 | $421,617 |
Oconomowoc Landscape Supply Professional Services | 9/29/23 | $252,711 |
Paul Crandall & Associates Construction Services | 9/29/23 | $287,247 |
Environment Control Of Wi Professional Services | 9/29/23 | $244,524 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $196,800 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $11,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $207,800 |
| Total Program Service Revenue | $130,984,914 |
| Investment income | $23,899 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $47,922 |
| Net Gain/Loss on Asset Sales | -$31,451 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $131,571,009 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $26,635,873 |
| Pension plan accruals and contributions | $854,601 |
| Other employee benefits | $3,822,984 |
| Payroll taxes | $1,958,549 |
| Fees for services: Management | $1,044,605 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $13,179,737 |
| Advertising and promotion | $0 |
| Office expenses | $938,498 |
| Information technology | $4,858,733 |
| Royalties | $0 |
| Occupancy | $2,150,663 |
| Travel | $15,529 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $59,629 |
| Interest | $3,122,604 |
| Payments to affiliates | $22,787,467 |
| Depreciation, depletion, and amortization | $8,677,782 |
| Insurance | $301,482 |
| All other expenses | $11,631,607 |
| Total functional expenses | $128,919,712 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,293,036 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $16,970,629 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $3,131,958 |
| Prepaid expenses and deferred charges | $267,936 |
| Net Land, buildings, and equipment | $89,326,664 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $707,264 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,264,948 |
| Total assets | $114,962,435 |
| Accounts payable and accrued expenses | $14,425,243 |
| Grants payable | $0 |
| Deferred revenue | $10,059 |
| 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 | $96,370,007 |
| Total liabilities | $110,805,309 |
| Net assets without donor restrictions | $3,832,160 |
| Net assets with donor restrictions | $324,966 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $114,962,435 |