Agnesian Healthcare Inc
- Assets
- $817.2m
- Revenue
- $408.1m
- Investments
- $295.1m
- Employees
- 3,889
- Location
- Fond du Lac, WI
- Founding
- 03/1946
- Data as of
- 12/2020
- EIN
- 39-0807236
Organization Overview
Agnesian Healthcare Inc is located in Fond du Lac, WI. The organization was established in 1946. 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 12/2021, Agnesian Healthcare Inc employed 3,889 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Agnesian Healthcare 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 12/2020, Agnesian Healthcare Inc generated $408.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $416.2m during the year ending 12/2020. While expenses have increased by 2.7% per year over the past 6 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.
Since 2019, Agnesian Healthcare Inc has awarded 33 individual grants totaling $1,557,948. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF AGNESIAN HEALTHCARE IS TO PROVIDE COMPASSIONATE CARE THAT BRINGS HOPE, HEALTH AND WHOLENESS TO THOSE WE SERVE BY HONORING THE SACREDNESS AND DIGNITY OF ALL PERSONS AT EVERY STAGE OF LIFE. WE ARE ROOTED IN THE HEALING MINISTRY OF THE CATHOLIC CHURCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PLEASE SEE SCHEDULE O FOR A COMPLETE DESCRIPTION OF PROGRAM SERVICE ACCOMPLISHMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Former Officer | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Burlington Healthcare Staffing Services | 12/30/21 | $1,426,567 |
Cd Smith Construction Construction Services | 12/30/21 | $5,431,373 |
Medical College Of Wi Physician Services | 12/30/21 | $2,120,762 |
Fond Du Lac Regional Clinic Sc Physician Services | 12/30/21 | $3,621,852 |
Amn Healthcare Inc Staffing Services | 12/30/21 | $2,839,960 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,313,099 |
| Investment income | $4,617,489 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $182,698 |
| Net Gain/Loss on Asset Sales | $10,223,736 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $8,729,967 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $408,074,664 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $3,997 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,417,443 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $145,493,601 |
| Pension plan accruals and contributions | $8,312,705 |
| Other employee benefits | $31,081,624 |
| Payroll taxes | $10,246,185 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $480,879 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $10,451 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $90,011,125 |
| Advertising and promotion | $736,996 |
| Office expenses | $16,764,670 |
| Information technology | $17,334 |
| Royalties | $0 |
| Occupancy | $7,282,724 |
| Travel | $793,643 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $346,307 |
| Interest | $4,817,242 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $20,429,638 |
| Insurance | $1,412,147 |
| All other expenses | $0 |
| Total functional expenses | $416,235,901 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $63,465,684 |
| Savings and temporary cash investments | $5,742,732 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $78,826,247 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $3,611,869 |
| Prepaid expenses and deferred charges | $1,727,497 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $295,056,626 |
| Investments—program-related | $19,563,886 |
| Intangible assets | $30,536 |
| Other assets | $108,743,512 |
| Total assets | $817,189,102 |
| Accounts payable and accrued expenses | $41,274,977 |
| Grants payable | $0 |
| Deferred revenue | $4,407,786 |
| 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 | $276,009,294 |
| Total liabilities | $321,692,057 |
| 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 | $495,497,045 |
Grants Awarded
Over the last fiscal year, Agnesian Healthcare Inc has awarded $425,745 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
Fond Du Lac, WI PURPOSE: Support for new rectory | $100,000 |
Waukesha, WI PURPOSE: General support | $94,000 |
Fond Du Lac, WI PURPOSE: General support | $60,000 |
Fond Du Lac, WI PURPOSE: General support | $52,500 |
N Fond Du Lac, WI PURPOSE: Support for the Broken Bread program | $35,245 |
Fond Du Lac, WI PURPOSE: General support | $30,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Agnesian Healthcare Inc has recieved totaling $708,755.
| Awarding Organization | Amount |
|---|---|
Agnesian Healthcare Foundation Inc Fond du Lac, WI PURPOSE: Support for St. Agnes Hospital and Fond du Lac Regional Clinic | $708,755 |
Endowment Analysis
| Beg. Balance | $1,487,797 |
| Ending Balance | $1,487,797 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
St Cloud Hospital St Cloud, MN | $1,702,572,092 | $1,117,982,242 |
Advocate North Side Health Network Downers Grove, IL | $946,824,836 | $901,672,521 |
The Carle Foundation Hospital Urbana, IL | $465,988,906 | $1,085,020,210 |
Regions Hospital Minneapolis, MN | $1,151,249,927 | $936,558,758 |
Catholic Health Initiatives-Iowa Corp Des Moines, IA | $1,114,579,485 | $904,841,538 |
Central Iowa Hospital Corporation Des Moines, IA | $1,438,981,448 | $937,321,371 |
Covenant Medical Center Inc Saginaw, MI | $1,038,790,282 | $776,913,978 |
North Memorial Health Care Robbinsdale, MN | $764,114,547 | $789,881,568 |
Allegiance Health Jackson, MI | $830,742,312 | $709,583,429 |
Munson Medical Center Traverse City, MI | $1,240,001,316 | $752,883,085 |
Edward Hospital Naperville, IL | $472,054,647 | $761,222,693 |
Swedish American Hospital Rockford, IL | $973,707,288 | $637,025,862 |