Thedacare Medical Center New London Inc
- Assets
- $128.5m
- Revenue
- $38.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Appleton, WI
- Founding
- 05/1975
- Data as of
- 12/2021
- EIN
- 39-0869788
Organization Overview
Thedacare Medical Center New London Inc is located in Appleton, WI. The organization was established in 1975. 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. Thedacare Medical Center New London 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, Thedacare Medical Center New London Inc generated $38.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $33.2m during the year ending 12/2021. While expenses have increased by 3.6% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
IMPROVING THE HEALTH OF OUR COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THEDACARE IS A TAX-EXEMPT, NON-PROFIT CORPORATION, AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.THEDACARE MEDICAL CENTER-NEW LONDON IS A 25-BED CRITICAL ACCESS HOSPITAL SERVING NEW LONDON AND NEARBY COMMUNITIES. THERE ARE MORE THAN 200 TEAM MEMBERS ON THE NEW LONDON CAMPUS. THEDACARE MEDICAL CENTER-NEW LONDON PROVIDES PATIENT CARE AND SUPPORT SERVICES INCLUDING DIAGNOSTIC SERVICES SUCH AS X-RAY, ULTRASOUND, MRI, CT SCAN, MAMMOGRAPHY, MEDICAL LABORATORY TESTING, AND SPECIALTY SERVICES INCLUDING CARDIOVASCULAR CARE, ORTHOPEDIC CARE, FAMILY BIRTH CARE, CANCER CARE, DIABETES, INTERNAL MEDICINE, EMERGENCY, OCCUPATIONAL HEALTH, PULMONOLOGY, UROLOGY, WOMEN'S CARE, OUTPATIENT SURGERY AND THERAPY SERVICES.AS PART OF THE THEDACARE SYSTEM, WE OFFER PUBLIC AWARENESS CAMPAIGNS, CHARITY CARE, SUPPORT GROUPS, AND EDUCATION PROGRAMS TARGETED TO LOCAL COMMUNITY NEEDS.THEDACARE IS COMMITTED TO COMMUNITY FOCUSED EFFORTS IDENTIFIED IN THE COMMUNITY NEEDS HEALTH ASSESSMENT IN COUNTIES (WAUPACA) WHERE SERVICES ARE PROVIDED. EFFORTS INCLUDE PARTNERSHIPS WITH GOLD CROSS AMBULANCE SERVICE, CATALPA MENTAL HEALTH (MENTAL HEALTH AND WELLNESS FOR CHILDREN), MOSAIC (COMMUNITY PHYSICIAN TRAINING), NEW LONDON SCHOOL DISTRICT, NEW LONDON PARKS AND RECREATION AND WAUPACA COUNTY PUBLIC HEALTH. TOP PRIORITIES INCLUDE ADVERSE CHILDHOOD EXPERIENCES AND TRAUMA INFORMED CARE (DRIVING DIFFERENT APPROACHES TO IDENTIFYING ROOT CAUSES AND CONCERNS IN ADOLECENTS) AND COMMUNITY OBESITY (IMPLEMENTATION OF TWO COMMUNITY GARDENS AND PURCHASING REFRIGERATION FOR ALL FOOD PANTRIES IN WAUPACA COUNTY).THEDACARE PROVIDES SCHOLARSHIPS, CHARITY CARE, INTERPRETING AND EDUCATIONAL SERVICES AND VARIOUS OTHER COMMUNITY BENEFITS.THEDACARE OPERATES ON A NON-DISCRIMINATORY BASIS REGARDLESS OF RACE, COLOR, SEX, RELIGION, OR NATIONAL ORIGIN. THEDACARE PROVIDES A VARIETY OF FINANCIAL ASSISTANCE OPTIONS TO PATIENTS WHO MEET ESTABLISHED CRITERIA. SERVICES ARE ALSO PROVIDED TO BOTH MEDICARE AND MEDICAID PATIENTS AT SUBSTANTIAL DISCOUNTS FROM STANDARD FEES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Morse Vice Chair | OfficerTrustee | 1 | $0 |
Melissa Sylte Chair | OfficerTrustee | 1 | $0 |
Jean Skewes Secretary/treasure & Board Member | OfficerTrustee | 1 | $0 |
Scott Bleck Past Chair & Secretary/treasurer | OfficerTrustee | 1 | $0 |
Imran Andrabimd President & CEO - System | Officer | 4 | $0 |
Mark Thompson Senior Vp, CFO & COO - System | Officer | 4 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Krajnik Emergency Services Llc Medical Staffing | 12/30/21 | $190,200 |
Total Msp Llc Medical Staffing | 12/30/21 | $168,491 |
Michael David Polka Medical Staffing | 12/30/21 | $149,350 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $34,255 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $21,012 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $55,267 |
| Total Program Service Revenue | $38,305,285 |
| Investment income | $7,612 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $38,368,164 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $40,000 |
| 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 | $12,530,054 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,643,193 |
| Payroll taxes | $0 |
| 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 | $0 |
| Fees for services: Other | $5,914,347 |
| Advertising and promotion | $3,829 |
| Office expenses | $166,590 |
| Information technology | $390 |
| Royalties | $0 |
| Occupancy | $814,563 |
| Travel | $16,995 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $45,648 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,839,134 |
| Insurance | $103,224 |
| All other expenses | $6,047 |
| Total functional expenses | $33,191,129 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,562,911 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,894,986 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,167,092 |
| Prepaid expenses and deferred charges | $37,582 |
| Net Land, buildings, and equipment | $15,610,812 |
| Investments—publicly traded securities | $10,000,000 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $82,221,072 |
| Total assets | $128,494,455 |
| Accounts payable and accrued expenses | $450,437 |
| Grants payable | $0 |
| Deferred revenue | $743,481 |
| 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 | $12 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,193,930 |
| Net assets without donor restrictions | $127,300,525 |
| 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 | $128,494,455 |
Grants Awarded
Over the last fiscal year, Thedacare Medical Center New London Inc has awarded $30,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF NEW LONDON WISCONSIN PURPOSE: NEW LONDON PUBLIC LIBRARY | $20,000 |
New London, WI PURPOSE: PROGRAM SUPPORT | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Thedacare Medical Center New London Inc has recieved totaling $34,255.
| Awarding Organization | Amount |
|---|---|
Thedacare Family Of Foundations Inc Appleton, WI PURPOSE: ENRICHING PATIENT EXPERIENCES | $34,255 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fort Madison Community Hospital West Burlington, IA | $0 | $63,917,889 |
Gibson Area Hospital Gibson City, IL | $63,536,615 | $119,801,214 |
Mymichigan Medical Center Sault Sault Ste Marie, MI | $104,046,577 | $126,853,788 |
St Nicholas Hospital Of The Hospita Sisters Of The Third Order Of St F Sheboygan, WI | $160,864,409 | $138,043,178 |
Holy Cross Hospital Chicago, IL | $142,348,563 | $113,770,792 |
Winona Health Services Winona, MN | $149,374,764 | $114,059,975 |
Beaver Dam Community Hospitals Inc Beaver Dam, WI | $193,989,750 | $109,285,462 |
Jennie Edmundson Memorial Hospital Council Bluffs, IA | $159,830,825 | $120,935,401 |
Ottawa Regional Hospital & Healthcare Center Peoria, IL | $91,725,518 | $145,777,119 |
St Bernard Hospital Chicago, IL | $104,253,183 | $104,812,040 |
Prohealth Oconomowoc Memorial Hospital Inc Oconomowoc, WI | $128,184,799 | $110,175,380 |
Mcgaw Medical Center Of Northwestern University Chicago, IL | $21,606,214 | $109,728,056 |