Community Memorial Hospital Of Menomonee Falls Inc
- Assets
- $128.7m
- Revenue
- $255.8m
- Investments
- $0.0
- Employees
- 0
- Location
- Menomonee Falls, WI
- Founding
- 01/1961
- Data as of
- 06/2021
- EIN
- 39-0987025
Organization Overview
Community Memorial Hospital Of Menomonee Falls Inc, operating under the name Froedtert Menomonee Falls Hospital, is located in Menomonee 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. Froedtert Menomonee Falls Hospital 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, Froedtert Menomonee Falls Hospital generated $255.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $258.0m during the year ending 06/2021. While expenses have increased by 5.0% 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 2015, Froedtert Menomonee Falls Hospital has awarded 23 individual grants totaling $288,250. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
COMMUNITY MEMORIAL HOSPITAL OF MENOMONEE FALLS, INC. DBA FROEDTERT MENOMONEE FALLS HOSPITAL (FMFH) ADVANCES THE HEALTH OF THE PEOPLE OF THE DIVERSE COMMUNITIES WE SERVE THROUGH EXCEPTIONAL CARE ENHANCED BY INNOVATION AND DISCOVERY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O - INPATIENT SERVICES
SEE SCHEDULE O - OUTPATIENT SERVICES
SEE SCHEDULE O - EMERGENCY SERVICES
AS PART OF OPERATING AN ACUTE CARE HOSPITAL AND PROVIDING HEALTH CARE SERVICES TO THE COMMUNITY, OTHER REVENUE IS DERIVED IN THE FOLLOWING AREAS:OTHER DEPARTMENT OPERATING REVENUE - REVENUE DERIVED FROM DIFFERENT SERVICES THROUGH THE PROCESS OF PROVIDING PATIENT CARE AND IN THE NORMAL OPERATION OF A MEDICAL FACILITY. INCLUDED IN THIS CATEGORY ARE ITEMS SUCH AS MEANINGFUL USE REVENUE, MEDICAL STAFF APPLICATION FEES, AND REVENUE FROM CLASSES, PUMP RENTALS, AND OTHER WELLNESS SERVICES.DIETARY REVENUE - REVENUE DERIVED FROM CAFETERIA SALES, VENDING MACHINE SALES, GUEST TRAY SALES AND EMPLOYEE MEALS. DIETARY SERVICES ARE NECESSARY TO SUPPORT SERVICES TO PATIENT FAMILIES WHILE THEIR LOVED ONE IS RECEIVING CARE IN THE HOSPITAL. THE REVENUE FROM EMPLOYEE MEALS IS A BENEFIT PROVIDED BY THE HOSPITAL AS AN EMPLOYER AND IT ALLOWS OUR STAFF TO REMAIN ON SITE FOR PATIENT CARE.CORPORATE ALLOCATED REVENUE - REVENUE PASSED THROUGH FROM FROEDTERT HEALTH (FH), A RELATED PARTY.INVESTMENT INCOME - REVENUE DERIVED FROM INVESTMENTS IN AFFILIATE - MENOMONEE FALLS AMBULATORY SURGERY CENTER.INTERCOMPANY REVENUE CONSISTS OF REVENUE DERIVED FROM MEDICAL AND ADMINISTRATIVE SERVICES PROVIDED TO THE OTHER FH ENTITIES. ALL OF THESE SERVICES SUPPORT THE DELIVERY OF HEALTHCARE TO THE COMMUNITY.MISCELLANEOUS REVENUE - REVENUE DERIVED FROM DIFFERENT SERVICES THROUGH THE PROCESS OF PROVIDING PATIENT CARE IN THE NORMAL OPERATION OF A MEDICAL FACILITY. INCLUDED IN THIS CATEGORY ARE ITEMS SUCH AS RECYCLING REVENUE, TAXABLE SALES, AND SALE OF MEDICAL RECORDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lux Teresa Director & Cmh President | OfficerTrustee | 44 | $0 |
Nelson Eric Director & Bod Chair | OfficerTrustee | 1 | $0 |
Mays Cedric Director & Bod V.chair | OfficerTrustee | 1 | $0 |
Ruzinski Anna Director & Bod Sec - 12/31/2020 | OfficerTrustee | 1 | $0 |
Van DE Kreeke Jeffrey Treasurer | Officer | 1 | $0 |
Ceelen John Treasurer | Officer | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Wi Diagnostic Laboratories Lab Services | 6/29/16 | $123,030 |
Eppstein Uhen Consulting Architecture Service | 6/29/16 | $118,129 |
R&m Aviation Inc Medical Airline | 6/29/16 | $105,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $106,628 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $40,132 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $106,628 |
| Total Program Service Revenue | $235,392,886 |
| Investment income | $25,198 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $64,923 |
| Net Income from Fundraising Events | $22,853 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $255,763,947 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $50,000 |
| 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 | $90,815,842 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $7,895 |
| Payroll taxes | $5,996,159 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $28,537 |
| Fees for services: Accounting | $3,780 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $25,211,383 |
| Advertising and promotion | $0 |
| Office expenses | $977,507 |
| Information technology | $243,247 |
| Royalties | $0 |
| Occupancy | $2,540,812 |
| Travel | $21,416 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $75,321 |
| Interest | $2,088,022 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,638,041 |
| Insurance | $3,049 |
| All other expenses | $4,753,432 |
| Total functional expenses | $258,006,499 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,225 |
| Savings and temporary cash investments | $361 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $27,552,804 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,725,201 |
| Prepaid expenses and deferred charges | $466,303 |
| Net Land, buildings, and equipment | $83,339,166 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $14,652,137 |
| Total assets | $128,742,197 |
| Accounts payable and accrued expenses | $8,710,032 |
| Grants payable | $0 |
| Deferred revenue | $1,030 |
| 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 | $30,029,850 |
| Total liabilities | $38,740,912 |
| Net assets without donor restrictions | $89,346,797 |
| Net assets with donor restrictions | $654,488 |
| 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 | $128,742,197 |
Grants Awarded
Over the last fiscal year, Community Memorial Hospital Of Menomonee Falls Inc has awarded $48,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Menomonee Falls, WI PURPOSE: SUPPORT OPERATIONS OF THE HOSPITAL | $23,000 |
Pewaukee, WI PURPOSE: SUPPORT OPERATIONS OF THE HOSPITAL | $15,000 |
Waukesha, WI PURPOSE: CAREGIVER CONNECTION INIATIVE | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Community Memorial Hospital Of Menomonee Falls Inc has recieved totaling $106,628.
| Awarding Organization | Amount |
|---|---|
Community Memorial Foundation Of Menomonee Falls Inc Menomonee Falls, WI PURPOSE: FINANCIAL SUPPORT | $106,628 |
Endowment Analysis
| Beg. Balance | $7,598,551 |
| Earnings | $1,396,032 |
| Admin Expense | $1,616 |
| Net Contributions | $774,955 |
| Other Expense | $384,001 |
| Grants | $410,861 |
| Ending Balance | $8,973,060 |
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 |