Black River Memorial Hospital Inc is located in Black River Falls, WI. The organization was established in 1964. 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 12/2023, Black River Memorial Hospital Inc employed 402 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Black River 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 12/2023, Black River Memorial Hospital Inc generated $74.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $64.6m during the year ending 12/2023. While expenses have increased by 4.2% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO HELP PATIENT'S IMPROVE THEIR LIVES THROUGH COMPASSIONATE, COMMUNITY-BASED CARE.
Describe the Organization's Program Activity:
BLACK RIVER MEMORIAL HOSPITAL, INC. PROVIDES HIGH-QUALITY, COST-EFFECTIVE, PRIMARY, AND MENTAL HEALTH CARE TO ALL PEOPLE IN NEED OF CARE. AMONG THE INPATIENT AND OUTPATIENT SERVICES PROVIDED ARE DIAGNOSTIC IMAGING, REHABILITATION SERVICES, RESPIRATORY CARE, SURGICAL SERVICES, INFUSION THERAPY, LAB SERVICES, PHARMACY SERVICES, 24-HOUR EMERGENCY ROOM AND MANY OTHERS. IN 2023, THE HOSPITAL PROVIDED 3,594 INPATIENT DAYS OF CARE TO ADULTS, PEDIATRICS, SWING BED, AND NURSERY INPATIENTS AS WELL AS 10,254 EMERGENCY ROOM AND 32,175 OUTPATIENT SERVICES TO THOSE IN NEED OF CARE. THE HOSPITAL ALSO SERVES AS A VITAL LINK TO THE COMMUNITY BY PROVIDING OUTREACH PROGRAMS AND SERVICES THAT MEET IDENTIFIED NEEDS IN AN EFFORT TO ENHANCE THE HEALTH AND WELFARE OF THE PEOPLE IN ITS AREA. IN ITS EFFORT TO ATTAIN THIS GOAL THE HOSPITAL PROVIDES:-FREE AND REDUCED-COST CARE TO THOSE WITH A DEMONSTRATED NEED-CARE TO THOSE COVERED UNDER GOVERNMENT ENTITLEMENT PROGRAMS WHICH MAY NOT COVER THE CHARGES OR COST OF SERVICES PROVIDED-HEALTH EDUCATION AND OUTREACH PROGRAMS TO ALL MEMBERS OF THE COMMUNITY AT LITTLE OR NO COST TO THE PARTICIPANTSCHARITY CARE GIVEN TO PERSONS UTILIZING OUR HOSPITAL AMOUNTED TO A TOTAL OF $471,715 IN TOTAL CHARGES. IN ADDITION, WE FURNISH CARE TO PERSONS COVERED UNDER GOVERNMENT ENTITLEMENT PROGRAMS WHICH PAY AT RATES LESS THAN CHARGES. DISCOUNTS TO THESE PROGRAMS FOR HOSPITAL SERVICES AMOUNTED TO $17,109,974.BLACK RIVER MEMORIAL HOSPITAL, INC. ALSO CONDUCTED NUMEROUS EDUCATIONAL AND SUPPORTIVE ACTIVITIES TO ENCOURAGE THE GOOD HEALTH AND WELFARE OF THE MEMBERS OF THE COMMUNITIES IT SERVES. THESE ACTIVITIES INCLUDE:-FACILITIES FOR MEETINGS AND SUPPORT PERSONNEL, INCLUDING LEADERSHIP FOR A GRIEF SUPPORT GROUP AND THE PERS-DISCONTINUED 2023 (A PERSONAL EMERGENCY RESPONSE SYSTEM AVAILABLE AT NOMINAL COSTS TO AREA RESIDENTS), DIABETES EDUCATION GROUP AND A NEWLY FORMED CANCER SUPPORT GROUP.-PROVIDING ASSISTANCE TO HEALTH EDUCATORS BY SPONSORING INTERNSHIPS FOR STUDENT NURSES, RADIOLOGICAL, REHABILITATION, AND LABORATORY TECHNICIAN STUDENTS.-PROVIDING CHILDBIRTH EDUCATIONAL CLASSES-PROVIDING LEADERSHIP TO STATE AND REGION-WIDE HEALTH ORGANIZATIONS INCLUDING THE WISCONSIN HOSPITAL ASSOCIATION, HEALTHCARE FINANCIAL MANAGEMENT ASSOCIATION, NURSE EXECUTIVES, HEALTH EDUCATORS, PERINATAL CARE ASSOCIATION AND THE WISCONSIN HEALTHCARE PUBLIC RELATIONS AND MARKETING SOCIETY TO FURTHER HEALTHCARE GOALS OUTSIDE OF OUR DIRECT SERVICE AREA.OTHER SERVICES WE PROVIDE INCLUDE GRIEF SUPPORT GROUP. COALITIONS WE SUPPORT ARE: BREASTFEEDING COALITION, BLACK RIVER AREA SAFETY COUNCIL, TOGETHER FOR JACKSON COUNTY KIDS, AND JACKSON IN ACTION. BLACK RIVER MEMORIAL HOSPITAL'S WOUND CARE CENTER BEGAN PROVIDING SERVICES TO THE COMMUNITY MAY 2021 AND PERFORMED 5,941 OUTPATIENT PROCEDURES IN 2023.
BLACK RIVER HEALTHCARE CLINIC OPENED TO BRMH EMPLOYEES IN JUNE AND THE GENERAL PUBLIC IN JULY 2020. BLACK RIVER HEALTHCARE CLINIC IS AN INTEGRATED CLINIC OFFERING BEHAVIORAL HEALTH AND PRIMARY CARE SERVICES. IN 2023, BEHAVIORAL HEALTH VISITS WERE 2,354 AND PRIMARY CARE VISITS WERE 5,861.
OTHER HOME-BASED SERVICES OFFERED INCLUDE BLACK RIVER MEMORIAL HOSPITAL'S HOMECARE AND HOSPICE PROGRAMS THAT PROVIDE COMPREHENSIVE HEALTHCARE SERVICES IN THE MOST COMFORTABLE SETTING-THE PATIENT'S HOME. THESE SERVICES WERE DISCONTINUED IN MAY 2023.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dr Carol Martin Chief Of Staff/director | OfficerTrustee | 38 | $402,550 |
Alex Bradley Chown Chairperson | OfficerTrustee | 5 | $0 |
Michele Severson Vice Chairperson | OfficerTrustee | 4 | $0 |
Michelle Greendeer-Rave Treasurer | OfficerTrustee | 4 | $0 |
Wallace Apland III Director | Trustee | 4 | $0 |
Christine Hovell Director (thru 10/2023) | Trustee | 4 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Wipfli Revenue Cycle Coding/billing/audit | 12/30/23 | $4,399,147 |
Black River Anesthesia Asociates Crna/anesthesia Professional Service | 12/30/23 | $506,266 |
R1 Rcm Revenue Cycle Coding/billing/audit | 12/30/23 | $1,545,664 |
Chippewa Valley Orthopedics Orthopedic Surgical Services | 12/30/23 | $278,417 |
Dudley Anesthesia Sc Crna/anesthesia Professional Service | 12/30/23 | $198,634 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $7,299,614 |
All other contributions, gifts, grants, and similar amounts not included above | $40,622 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $7,340,236 |
Total Program Service Revenue | $65,639,252 |
Investment income | $1,827,849 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $39,400 |
Net Gain/Loss on Asset Sales | -$209,493 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $74,614,346 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $5,000 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $1,214,239 |
Compensation of current officers, directors, key employees. | $1,214,239 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $24,925,002 |
Pension plan accruals and contributions | $786,467 |
Other employee benefits | $5,970,771 |
Payroll taxes | $1,789,727 |
Fees for services: Management | $0 |
Fees for services: Legal | $364,583 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $7,168 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $56,242 |
Fees for services: Other | $11,329,823 |
Advertising and promotion | $287,011 |
Office expenses | $736,718 |
Information technology | $1,785,140 |
Royalties | $0 |
Occupancy | $556,064 |
Travel | $128,601 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $685,902 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $3,147,969 |
Insurance | $216,000 |
All other expenses | $828,916 |
Total functional expenses | $64,609,427 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $808,821 |
Savings and temporary cash investments | $9,944,278 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $10,637,367 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $1,030,127 |
Prepaid expenses and deferred charges | $403,628 |
Net Land, buildings, and equipment | $26,335,723 |
Investments—publicly traded securities | $47,272,773 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $3,667,778 |
Total assets | $100,100,495 |
Accounts payable and accrued expenses | $5,207,643 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $19,458,800 |
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 | $3,495,956 |
Total liabilities | $28,162,399 |
Net assets without donor restrictions | $71,938,096 |
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 | $100,100,495 |