Flambeau Hospital Inc
- Assets
- $10.4m
- Revenue
- $36.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Park Falls, WI
- Founding
- 08/1961
- Data as of
- 12/2021
- EIN
- 39-0973724
Organization Overview
Flambeau Hospital Inc, operating under the name Marshfield Medical Center-Park Falls, is located in Park Falls, WI. The organization was established in 1961. 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. Marshfield Medical Center-Park Falls 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, Marshfield Medical Center-Park Falls generated $36.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $21.1m during the year ending 12/2021. 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
WE ENRICH LIVES TO CREATE HEALTHY COMMUNITIES THROUGH ACCESSIBLE, AFFORDABLE, COMPASSIONATE HEALTH CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FLAMBEAU HOSPITAL, INC. IS A NOT-FOR-PROFIT 25-BED COMMUNITY HOSPITAL LOCATED IN PARK FALLS, WISCONSIN THAT PROVIDES INPATIENT CARE AND SWING BED SERVICES ALONG WITH LABORATORY, RADIOLOGY, PHARMACY, REHABILITATION, SURGERY, HOSPICE, HOME HEALTH AND OTHER OUTPATIENT SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Bugher Chair | OfficerTrustee | 1 | $0 |
Mark Bradley Vice Chair | OfficerTrustee | 1 | $0 |
Ruwan Dissanayake MD Secretary | OfficerTrustee | 1 | $0 |
John Baltus Treasurer | OfficerTrustee | 1 | $0 |
Gordon Edwards Mchs Cfo/coo | Officer | 1 | $0 |
Jerard Jensen Mchs General Counsel | Officer | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Marshfield Clinic Inc Medical Services | 12/30/20 | $1,317,709 |
Alexander Korittnig Medical Services | 12/30/20 | $578,028 |
Fusion Medical Staffing Medical Services | 12/30/20 | $457,243 |
Triage Llc Medical Services | 12/30/20 | $404,783 |
Shared Medical Technology Medical Services | 12/30/20 | $332,492 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $546,408 |
| All other contributions, gifts, grants, and similar amounts not included above | $20,308 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $566,716 |
| Total Program Service Revenue | $35,829,703 |
| Investment income | $7,207 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,972 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $36,402,223 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $9,609,545 |
| Pension plan accruals and contributions | $491,215 |
| Other employee benefits | $1,583,962 |
| Payroll taxes | $677,551 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,635 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,358,714 |
| Advertising and promotion | $2,906 |
| Office expenses | $67,602 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $315,395 |
| Travel | $90,417 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $9,580 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $947,615 |
| Insurance | $8,494 |
| All other expenses | $63,164 |
| Total functional expenses | $21,118,089 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,082,583 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,442,873 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $297,228 |
| Prepaid expenses and deferred charges | $1,421 |
| Net Land, buildings, and equipment | $4,587,177 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,411,282 |
| Accounts payable and accrued expenses | $140,173 |
| 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 | $101,201 |
| Other liabilities | $4,517,625 |
| Total liabilities | $4,758,999 |
| Net assets without donor restrictions | $5,244,383 |
| Net assets with donor restrictions | $407,900 |
| 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 | $10,411,282 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
St Francis Hospital Sisters Of The Third Order Of St Francis Litchfield, IL | $115,024,581 | $58,904,775 |
Sparrow Carson Hospital Carson City, MI | $33,968,594 | $46,073,007 |
Shenandoah Medical Center Shenandoah, IA | $66,279,280 | $53,754,700 |
Harrisburg Medical Center Inc Harrisburg, IL | $43,345,882 | $39,197,825 |
Pekin Memorial Hospital Pekin, IL | $70,050,108 | $60,677,158 |
Sparrow Clinton Hospital St Johns, MI | $188,415,799 | $67,909,547 |
Northwest Memorial Healthcare Chicago, IL | $87,933,488 | $39,660,179 |
St Josephs Area Health Services Park Rapids, MN | $107,908,671 | $54,027,271 |
Centracare Health System Of Melrose Melrose, MN | $87,022,550 | $45,743,382 |
South Shore Hospital Corporation Chicago, IL | $16,996,532 | $44,544,665 |
Mille Lacs Health System Onamia, MN | $55,817,777 | $49,720,336 |
Stoughton Hospital Association Stoughton, WI | $89,267,867 | $58,913,821 |