Gundersen Clinic Ltd is located in La Crosse, WI. The organization was established in 1989. 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. Gundersen Clinic Ltd 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, Gundersen Clinic Ltd generated $170.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.0% each year. All expenses for the organization totaled $229.1m during the year ending 12/2021. While expenses have increased by 2.8% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
PROGRAM SERVICE ACCOMPLISHMENTS: GUNDERSEN CLINIC, LTD. (THE CLINIC) HAS 642 PHYSICIANS REPRESENTING NEARLY EVERY SPECIALTY SERVING A 22 COUNTY REGION IN WESTERN WISCONSIN, NORTHEASTERN IOWA AND SOUTHEASTERN MINNESOTA. THE CLINIC PROVIDES MEDICAL CARE TO ALL PATIENTS REGARDLESS OF THEIR ABILITY TO PAY. CHARITY CARE AND/OR FINANCIAL ASSISTANCE IS DETERMINED BASED ON FINANCIAL INFORMATION PROVIDED BY THE PATIENT AND ANALYSIS OF OTHER RELEVANT INFORMATION. THERE WERE APPROXIMATELY 1,034,706 PATIENT ENCOUNTERS FOR 2021. THE CLINIC PROVIDED ,UNCOMPENSATED CARE RELATED TO CHARITY AT COST, $378,989; MEDICARE, $21,706,234; AND MEDICAID, $10,354,853 FOR THE TOTAL AMOUNT OF $32,440,076 AT COST BASED ON POLICIES AND CONTRACTS ARRANGED TO HELP SUPPORT THE COMMUNITY'S NEEDS. THE $32,440,076 IS THE SUM OF UNREIMBURSED MEDICARE & MEDICAID COST PLUS CHARITY AT COST. ALL OF THESE ARE CALCULATED USING THE SAME METHOD UTILIZED FOR THE HOSPITAL CALCULATION OF CHARITY COST AND UNREIMBURSED MEDICARE AND MEDICAID COSTS. THE COST OF CHARITY IS CALCULATED BY ALLOCATING THE COST TO PROVIDE SERVICES TO A PATIENT BETWEEN ANY PAYMENTS, BAD DEBT, AND CHARITY WRITE-OFFS WHERE TOTAL PAYMENTS ARE LESS THAN THE COST OF SERVICES PROVIDED. THE UNREIMBURSED MEDICARE AND MEDICAID COSTS ARE CALCULATED BY COMPARING THE COST OF SERVICES TO MEDICARE AND MEDICAID PATIENTS TO THE NET REVENUE FOR THOSE SAME PATIENTS. THE UNREIMBURSED COST IS THE AMOUNT THE COST EXCEEDS THE NET REVENUE FOR THOSE SAME PATIENTS. MEDICARE AND MEDICAID PATIENTS TO THE NET REVENUE FOR THOSE SAME PATIENTS. THE UNREIMBURSED COST IS THE AMOUNT THE COST EXCEEDS THE NET REVENUE FOR THOSE SAME PATIENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Scott Rathgaber MD Ceo/board Of Governors - Membr | OfficerTrustee | 2 | $0 |
Robyn Borge MD Bd Of Gov-Membr/chf Of Med Stf | OfficerTrustee | 2 | $0 |
Michael Dolan MD Exec Vp, Med Chief Operation | Officer | 2 | $0 |
Marilu Bintz MD Chief Population Health Offcr | Officer | 2 | $0 |
Gerald Oetzel Chief Financial Officer | Officer | 2 | $0 |
Mary Kuffel MD Medical Vice President | Officer | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $23,557 |
Government grants | $765,217 |
All other contributions, gifts, grants, and similar amounts not included above | $39,170 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $827,944 |
Total Program Service Revenue | $167,749,382 |
Investment income | $137,438 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $346,914 |
Net Gain/Loss on Asset Sales | $1,061,380 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $170,123,058 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $1,327,976 |
Grants and other assistance to domestic individuals. | $602,895 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $50,610,145 |
Fees for services: Legal | $26,050 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $22,411 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $6,600 |
Fees for services: Other | $10,686,061 |
Advertising and promotion | $14,108 |
Office expenses | $1,870,135 |
Information technology | $123,332 |
Royalties | $0 |
Occupancy | $5,520,193 |
Travel | $533,119 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $74,628 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $9,616,802 |
Insurance | $525,762 |
All other expenses | $0 |
Total functional expenses | $229,129,867 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $91,365 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $6,148,247 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $7,056,596 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $163,949,164 |
Investments—publicly traded securities | $10,361,757 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $1,843,537 |
Other assets | $7,291,442 |
Total assets | $196,742,108 |
Accounts payable and accrued expenses | $5,938,415 |
Grants payable | $0 |
Deferred revenue | $2,796,848 |
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 | $790,109,190 |
Total liabilities | $798,844,453 |
Net assets without donor restrictions | -$602,102,345 |
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 | $196,742,108 |
Over the last fiscal year, Gundersen Clinic Ltd has awarded $1,341,276 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
La Crosse, WI PURPOSE: OPERATIONS | $1,305,876 |
Hillsboro, WI PURPOSE: PROPERTY TRANSFER | $35,400 |
Over the last fiscal year, we have identified 2 grants that Gundersen Clinic Ltd has recieved totaling $34,152.
Awarding Organization | Amount |
---|---|
Gundersen Lutheran Medical Foundation Inc La Crosse, WI PURPOSE: GENERAL SUPPORT | $23,557 |
Mayo Clinic Group Return Rochester, MN PURPOSE: SUPPORT CHARITABLE PROGRAMS | $10,595 |
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 |