Ripon Medical Center Inc
- Assets
- $61.7m
- Revenue
- $29.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Ripon, WI
- Founding
- 01/1969
- Data as of
- 12/2020
- EIN
- 39-1101287
Organization Overview
Ripon Medical Center Inc is located in Ripon, WI. The organization was established in 1969. 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. Ripon Medical Center 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 12/2020, Ripon Medical Center Inc generated $29.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $29.2m during the year ending 12/2020. While expenses have increased by 1.6% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF RIPON MEDICAL CENTER IS TO PROVIDE COMPASSIONATE CARE THAT BRINGS HOPE, HEALTH, AND WHOLENESS TO THOSE WE SERVE BY HONORING THE SACREDNESS AND DIGNITY OF ALL PERSONS AT EVERY STAGE OF LIFE. WE ARE ROOTED IN THE HEALING MINISTRY OF THE CATHOLIC CHURCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PLEASE SEE SCHEDULE O FOR A FULL DESCRIPTION OF PROGRAM SERVICE ACCOMPLISHMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Former Key Employee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,434,744 |
| All other contributions, gifts, grants, and similar amounts not included above | $36,203 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,470,947 |
| Total Program Service Revenue | $25,837,793 |
| Investment income | $1,738 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $78,849 |
| Net Gain/Loss on Asset Sales | $53,498 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $29,609,394 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,165 |
| 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. | $166,726 |
| Compensation of current officers, directors, key employees. | $12,677 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $11,487,861 |
| Pension plan accruals and contributions | $177,972 |
| Other employee benefits | $1,490,139 |
| Payroll taxes | $659,373 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,118 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $2,008 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,035,499 |
| Advertising and promotion | $51,828 |
| Office expenses | $1,242,424 |
| Information technology | $1,790 |
| Royalties | $0 |
| Occupancy | $615,673 |
| Travel | $30,064 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $31,237 |
| Interest | $1,348,886 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,876,739 |
| Insurance | $101,898 |
| All other expenses | $0 |
| Total functional expenses | $29,167,209 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,493,773 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,202,867 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $535,311 |
| Prepaid expenses and deferred charges | $83,695 |
| Net Land, buildings, and equipment | $26,602,099 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $1,667,477 |
| Intangible assets | $0 |
| Other assets | $20,144,848 |
| Total assets | $61,730,070 |
| Accounts payable and accrued expenses | $1,390,762 |
| Grants payable | $0 |
| Deferred revenue | $606,105 |
| 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 | $42,429,310 |
| Total liabilities | $44,426,177 |
| Net assets without donor restrictions | $17,303,893 |
| 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 | $61,730,070 |
Grants Awarded
Over the last fiscal year, Ripon Medical Center Inc has awarded $20,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
FOND DU LAC COUNTY HEALTH DEPARTMENT PURPOSE: Save a smile dental program | $10,000 |
Madison, WI PURPOSE: Support to neighbors in need in Dane County | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fort Madison Community Hospital West Burlington, IA | $0 | $63,917,889 |
Gibson Area Hospital Gibson City, IL | $63,536,615 | $119,801,214 |
Mymichigan Medical Center Sault Sault Ste Marie, MI | $104,046,577 | $126,853,788 |
St Nicholas Hospital Of The Hospita Sisters Of The Third Order Of St F Sheboygan, WI | $160,864,409 | $138,043,178 |
Holy Cross Hospital Chicago, IL | $142,348,563 | $113,770,792 |
Winona Health Services Winona, MN | $149,374,764 | $114,059,975 |
Beaver Dam Community Hospitals Inc Beaver Dam, WI | $193,989,750 | $109,285,462 |
Jennie Edmundson Memorial Hospital Council Bluffs, IA | $159,830,825 | $120,935,401 |
Ottawa Regional Hospital & Healthcare Center Peoria, IL | $91,725,518 | $145,777,119 |
St Bernard Hospital Chicago, IL | $104,253,183 | $104,812,040 |
Prohealth Oconomowoc Memorial Hospital Inc Oconomowoc, WI | $128,184,799 | $110,175,380 |
Mcgaw Medical Center Of Northwestern University Chicago, IL | $21,606,214 | $109,728,056 |