Gundersen Clinic Ltd
- Assets
- $198.9m
- Revenue
- $202.2m
- Investments
- $0.0
- Employees
- 0
- Location
- La Crosse, WI
- Founding
- 02/1989
- Data as of
- 12/2022
- EIN
- 39-1028657
Organization Overview
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 12/2022, Gundersen Clinic Ltd generated $202.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $271.7m during the year ending 12/2022. While expenses have increased by 4.6% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Medical Governors - Secretary & Treasurer | OfficerTrustee | 2 | $0 |
Name Not Listed Medical Governors - Chair | OfficerTrustee | 2 | $0 |
Name Not Listed Medical Governors - Member | Trustee | 2 | $0 |
Name Not Listed Medical Governors - Member | Trustee | 2 | $0 |
Name Not Listed Medical Governors - Member | Trustee | 2 | $0 |
Name Not Listed Medical Governors - Member (begin 1/23) | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $306,791 |
| Government grants | $3,732,079 |
| All other contributions, gifts, grants, and similar amounts not included above | $60,638 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,099,508 |
| Total Program Service Revenue | $197,499,808 |
| Investment income | $209,894 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $366,182 |
| Net Gain/Loss on Asset Sales | $4,300 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $202,179,692 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,337,691 |
| Grants and other assistance to domestic individuals. | $1,153,686 |
| 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 | $51,112,660 |
| Fees for services: Legal | $22,178 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $6,195 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $6,600 |
| Fees for services: Other | $12,336,206 |
| Advertising and promotion | $32,941 |
| Office expenses | $1,944,179 |
| Information technology | $237,841 |
| Royalties | $0 |
| Occupancy | $5,102,764 |
| Travel | $647,849 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $99,868 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,841,354 |
| Insurance | $526,843 |
| All other expenses | $0 |
| Total functional expenses | $271,698,125 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $80,721 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $11,686,765 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $6,829,708 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $161,659,385 |
| Investments—publicly traded securities | $10,527,064 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $2,010,476 |
| Other assets | $6,083,392 |
| Total assets | $198,877,511 |
| Accounts payable and accrued expenses | $4,538,752 |
| Grants payable | $0 |
| Deferred revenue | $13,345 |
| 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 | $866,608,962 |
| Total liabilities | $871,161,059 |
| Net assets without donor restrictions | -$672,283,548 |
| 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 | $198,877,511 |
Grants Awarded
Over the last fiscal year, Gundersen Clinic Ltd has awarded $1,341,276 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
GUNDERSEN LUTHERAN MEDICAL FOUNDATION INC PURPOSE: OPERATIONS | $1,305,876 |
ST JOSEPH'S HEALTH SERVICES INC PURPOSE: PROPERTY TRANSFER | $35,400 |