Gundersen Lutheran Medical Center Inc
- Assets
- $1.9b
- Revenue
- $1.3b
- Investments
- $0.0
- Employees
- 0
- Location
- La Crosse, WI
- Founding
- 06/1949
- Data as of
- 12/2021
- EIN
- 39-0813416
Organization Overview
Gundersen Lutheran Medical Center Inc is located in La Crosse, WI. The organization was established in 1949. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, 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. Gundersen Lutheran Medical Center 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 12/2021, Gundersen Lutheran Medical Center Inc generated $1.3b in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $1.2b during the year ending 12/2021. While expenses have increased by 5.1% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
GLMC PROVIDES A COMPREHENSIVE RANGE OF INPATIENT, CLINICAL AND DIAGNOSTIC SERVICES IN NUMEROUS MEDICAL SPECIALTIES AND SUBSPECIALTIES. GLMC IS A TEACHING HOSPITAL WITH 325 LICENSED BEDS WITH SPECIALTY SERVICES INCLUDING RENAL DIALYSIS, CANCER CARE, REHABILITATION SERVICES, AND CARDIAC SERVICES. IN 2013, GLMC OPENED A NEW INPATIENT BEHAVIORAL HEALTH BUILDING, MEETING A TREMENDOUS NEED IN OUR REGION FOR ADDITIONAL BEDS AND SERVICES. WE ARE ABLE TO PROVIDE CARE LOCALLY FOR PATIENTS OF ALL AGES. THE FACILITY IS THE ONLY PLACE IN THE REGION OFFERING INPATIENT CARE FOR ADOLESCENTS AND TEENAGERS WITH BEHAVIORAL HEALTH NEEDS. GLMC HAS REPEATEDLY BEEN NAMED ONE OF THE TOP 50 HOSPITALS IN THE NATION, PLACING US IN THE TOP ONE PERCENT. GLMC VOLUNTARILY PROVIDES MEDICALLY NECESSARY PATIENT CARE SERVICE THAT IS DISCOUNTED OR FREE OF CHARGE TO PERSONS WHO HAVE INSUFFICIENT RESOURCES AND/OR WHO ARE UNINSURED. DURING 2021, GLMC PROVIDED FINANCIAL ASSISTANCE TO APPROXIMATELY 7,349 PATIENTS THAT RESULTED IN GLMC INCURRING ROUGHLY $6,536,554 IN UNCOMPENSATED COST ASSOCIATED WITH THIS PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Rathgaber MD Chief Executive Officer | OfficerTrustee | 2 | $0 |
John Lyche Board Of Trustees - Vice Chair | OfficerTrustee | 2 | $0 |
Gerald Arndt Board Of Trustees - Chair | OfficerTrustee | 2 | $0 |
Dan Florness Board Of Trustees - Treasurer | OfficerTrustee | 2 | $0 |
Glena Temple PHD Board Of Trustees - Secretary | OfficerTrustee | 2 | $0 |
Marilu Bintz MD Chief Population Health Offcr | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $1,191,911 |
| Government grants | $10,706,238 |
| All other contributions, gifts, grants, and similar amounts not included above | $11,415 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,909,564 |
| Total Program Service Revenue | $1,276,404,314 |
| Investment income | $58,555 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $25,000 |
| Net Gain/Loss on Asset Sales | $27,000 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,289,394,000 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $7,996,856 |
| Grants and other assistance to domestic individuals. | $6,536,554 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $227,504,329 |
| Fees for services: Legal | $43,922 |
| 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 | $172,640,700 |
| Advertising and promotion | $16,860 |
| Office expenses | $11,340,134 |
| Information technology | $1,693,761 |
| Royalties | $0 |
| Occupancy | $4,587,719 |
| Travel | $390,262 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $170,716 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $28,949,938 |
| Insurance | $1,064,533 |
| All other expenses | $1,628,049 |
| Total functional expenses | $1,213,492,688 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,466,968 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $144,352,492 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $6,787,866 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $306,783,049 |
| Investments—publicly traded securities | $20,000,000 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,421,321,207 |
| Total assets | $1,900,711,582 |
| Accounts payable and accrued expenses | $4,144,679 |
| Grants payable | $0 |
| Deferred revenue | $19,516,352 |
| 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 | $4,266,184 |
| Total liabilities | $27,927,215 |
| Net assets without donor restrictions | $1,872,784,367 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,900,711,582 |
Grants Awarded
Over the last fiscal year, Gundersen Lutheran Medical Center Inc has awarded $65,666,608 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
La Crosse, WI PURPOSE: OPERATING EXPNSE | $16,166,652 |
La Crosse, WI PURPOSE: OPERATING EXPNSE | $16,166,652 |
La Crosse, WI PURPOSE: OPERATING EXPNSE | $16,166,652 |
La Crosse, WI PURPOSE: OPERATING EXPNSE | $16,166,652 |
La Crosse, WI PURPOSE: OPERATING EXPNSE | $250,000 |
La Crosse, WI PURPOSE: OPERATING EXPNSE | $250,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Gundersen Lutheran Medical Center Inc has recieved totaling $1,191,911.
| Awarding Organization | Amount |
|---|---|
Gundersen Lutheran Medical Foundation Inc La Crosse, WI PURPOSE: GENERAL SUPPORT | $1,191,911 |
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 |