Hudson Hospital Inc
- Assets
- $112.8m
- Revenue
- $77.2m
- Investments
- $0.0
- Employees
- 504
- Location
- Hudson, WI
- Founding
- 10/1954
- Data as of
- 12/2022
- EIN
- 39-0804125
Organization Overview
Hudson Hospital Inc is located in Hudson, WI. The organization was established in 1954. 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 12/2022, Hudson Hospital Inc employed 504 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hudson Hospital 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 12/2022, Hudson Hospital Inc generated $77.2m 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 $65.0m during the year ending 12/2022. While expenses have increased by 2.4% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE HEALTH AND WELL-BEING IN PARTNERSHIP WITH OUR MEMBERS, PATIENTS AND COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O - EXEMPT PURPOSE AND ACHIEVEMENTS FOR A DESCRIPTION OF PROGRAM SERVICE ACCOMPLISHMENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Annette Cook Director & Chair | OfficerTrustee | 1 | $0 |
Aaron Moen Director | Trustee | 1 | $0 |
Jonathan Susa D O Jan-Oct Director | Trustee | 0.25 | $0 |
Mark Gherty Director & Vice Chair | OfficerTrustee | 1 | $0 |
Jerome Siy MD Director | Trustee | 0.5 | $0 |
April Nelson Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
River Valley Anesthesia Inc Medical Services | 12/30/22 | $1,571,223 |
Favorite Healthcare Staffing Staffing | 12/30/22 | $989,143 |
Greiner Construction Inc Construction | 12/30/22 | $891,964 |
Cancer Center Of Western Wisconsin Medical Services | 12/30/22 | $458,630 |
Hudson Physicians Medical Services | 12/30/22 | $314,267 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $317,808 |
| Government grants | $164,164 |
| All other contributions, gifts, grants, and similar amounts not included above | $11,765 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $493,737 |
| Total Program Service Revenue | $75,308,453 |
| Investment income | $860,313 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $502,020 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $77,164,523 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $593,782 |
| 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. | $249,748 |
| Compensation of current officers, directors, key employees. | $249,748 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $32,168,320 |
| Pension plan accruals and contributions | $867,708 |
| Other employee benefits | $3,640,907 |
| Payroll taxes | $1,564,367 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $32,193 |
| Fees for services: Accounting | $800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,027,936 |
| Advertising and promotion | $42,753 |
| Office expenses | $559,016 |
| Information technology | $136,868 |
| Royalties | $0 |
| Occupancy | $1,825,996 |
| Travel | $20,291 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,078 |
| Interest | $297,858 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,749,852 |
| Insurance | $139,615 |
| All other expenses | $40,498 |
| Total functional expenses | $64,967,693 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $61,457,806 |
| Pledges and grants receivable | $381,174 |
| Accounts receivable, net | $7,712,943 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $858,296 |
| Prepaid expenses and deferred charges | $109,054 |
| Net Land, buildings, and equipment | $34,039,546 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $5,906,118 |
| Intangible assets | $0 |
| Other assets | $2,314,627 |
| Total assets | $112,779,564 |
| Accounts payable and accrued expenses | $9,617,176 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $5,946,708 |
| Total liabilities | $15,563,884 |
| Net assets without donor restrictions | $91,849,331 |
| Net assets with donor restrictions | $5,366,349 |
| 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 | $112,779,564 |
Grants Awarded
Over the last fiscal year, Hudson Hospital Inc has awarded $151,056 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN CANCER SOCIETY PURPOSE: PROGRAM SUPPORT | $5,000 |
HUDSON HOSPITAL FOUNDATION PURPOSE: PROGRAM SUPPORT | $146,056 |