St Clare Memorial Hospital Inc
- Assets
- $48.5m
- Revenue
- $40.9m
- Investments
- $0.0
- Employees
- 174
- Location
- Oconto Falls, WI
- Founding
- 08/1953
- Data as of
- 06/2021
- EIN
- 39-0848401
Organization Overview
St Clare Memorial Hospital Inc is located in Oconto Falls, WI. The organization was established in 1953. 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 06/2022, St Clare Memorial Hospital Inc employed 174 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. St Clare Memorial 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 06/2021, St Clare Memorial Hospital Inc generated $40.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $35.5m during the year ending 06/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO REVEAL AND EMBODY CHRIST'S HEALING LOVE FOR ALL PEOPLE THROUGH OUR HIGH QUALITY FRANCISCAN HEALTH CARE MINISTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SURGICAL SERVICES HSHS ST. CLARE MEMORIAL HOSPITAL IS EQUIPPED TO HANDLE ADVANCED ADULT AND PEDIATRIC PROCEDURES WITH STATE-OF-THE ART EQUIPMENT AND EXPERIENCED PHYSICIANS. THERE IS ACCESS TO A MULTIDISCIPLINARY CARE TEAM WHICH INCLUDES OUTSTANDING REGISTERED NURSES, CERTIFIED REGISTERED NURSE ANESTHETIST (CRNA), PHYSICIANS, PHYSICAL AND OCCUPATIONAL THERAPISTS, CLINICAL EDUCATORS, NUTRITIONAL SERVICES AND SPIRITUAL ADVISORS. IN FY22 ST. CLARE MEMORIAL HOSPITAL PERFORMED APPROXIMATELY 800 SURGICAL CASES AND 500 GI PROCEDURES. FOR PATIENTS WHO REQUIRE A HOSPITAL STAY, RESOURCES ARE AVAILABLE TO MAKE THE STAY AS COMFORTABLE AS POSSIBLE.
OTHER PROGRAM SERVICES OTHER PROGRAM SERVICES AT ST. CLARE MEMORIAL HOSPITAL ARE COMPRISED OF MEDICAL SURGICAL, WOUND CARE, PHARMACY, LABORATORY, RESPIRATORY THERAPY, REHABILITATION AND OTHER SERVICES.
EMERGENCY SERVICES ST. CLARE MEMORIAL HOSPITAL OPERATES AN EMERGENCY DEPARTMENT THAT IS STAFFED 24/7 BY DOCTORS AND ADVANCED PRACTICE PROVIDERS EXPERIENCED IN EMERGENCY MEDICINE. IT IS THE ONLY ONE OF ITS KIND IN THE AREA, PROVIDING EMERGENCY AND TRAUMA SERVICES. LIKE ALL HOSPITAL SERVICES, EMERGENCY CARE IS PROVIDED REGARDLESS OF RACE, CREED, OR ABILITY TO PAY, AND FINANCIAL ASSISTANCE IS AVAILABLE AFTER CARE IS PROVIDED FOR THOSE IN NEED.
RADIOLOGY SERVICES THE IMAGING SERVICES DEPARTMENT AT ST. CLARE MEMORIAL HOSPITAL PROVIDES INPATIENT, OUTPATIENT, AND EMERGENCY CARE. PATIENTS HAVE ACCESS TO THE HIGH-QUALITY TECHNOLOGY IN DIAGNOSTIC IMAGING, COMPUTED TOMOGRAPHY, MRI, NUCLEAR MEDICINE, ECHOCARDIOGRAPHY, AND ULTRASOUND. THE DEPARTMENT USES A NEW STATE OF THE ART WIDE BORE CT SCANNER AND RECENTLY HAD A SIGNIFICANT UPGRADE TO THE MRI UNIT. OUR HIGHLY TRAINED RADIOLOGISTS PROVIDE MINIMALLY INVASIVE PROCEDURES USING IMAGE GUIDANCE. THE STAFF CONSISTS OF BOARD CERTIFIED RADIOLOGISTS AS WELL AS LICENSED AND CERTIFIED TECHNOLOGISTS AND SONOGRAPHERS. THE MODALITIES UTILIZE STATE-OF-THE-ART EQUIPMENT TO AFFORD THE RADIOLOGISTS OPTIMAL IMAGES FOR INTERPRETATION AND DIAGNOSIS OF INJURIES AND ILLNESSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Wisconsin President & Division CEO - Wisconsin | OfficerTrustee | 3 | $0 |
Name Not Listed 2021 President & CEO | OfficerTrustee | 60 | $0 |
Name Not Listed 2021 Chair (until 8/1/21) | OfficerTrustee | 2 | $0 |
Name Not Listed 2021 Vice Chair & 2022 Chair | OfficerTrustee | 2 | $0 |
Name Not Listed 2021 & 2022 Secretary | OfficerTrustee | 2 | $0 |
Name Not Listed 2022 Vice Chair | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Infinity Healthcare Physician Services | 6/29/22 | $1,217,112 |
Medical Solutions Staffing | 6/29/22 | $329,878 |
Compass One Food Service | 6/29/22 | $210,612 |
Iei General Contrators Construction | 6/29/22 | $203,160 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $458,634 |
| Investment income | $127,181 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$13,577 |
| Net Gain/Loss on Asset Sales | $477,875 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $40,860,209 |
| 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 | $7,698,373 |
| Pension plan accruals and contributions | $517,003 |
| Other employee benefits | $1,293,080 |
| Payroll taxes | $565,903 |
| Fees for services: Management | $0 |
| 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 | $381,369 |
| Fees for services: Other | $2,969,895 |
| Advertising and promotion | $24,957 |
| Office expenses | $9,958,251 |
| Information technology | $183,436 |
| Royalties | $0 |
| Occupancy | $1,555,169 |
| Travel | $18,426 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $33,684 |
| Interest | $109,200 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,518,264 |
| Insurance | $68,794 |
| All other expenses | $0 |
| Total functional expenses | $35,540,444 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,675,064 |
| Savings and temporary cash investments | $19,381 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,843,150 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,520,882 |
| Prepaid expenses and deferred charges | $128,815 |
| Investments—publicly traded securities | $24,460,256 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,040,810 |
| Total assets | $48,451,808 |
| Accounts payable and accrued expenses | $30,861,414 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $5,894,000 |
| 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 | $1,063,076 |
| Other liabilities | $2,017,242 |
| Total liabilities | $39,835,732 |
| 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 | $8,616,076 |