Prairie Ridge Health Inc
- Assets
- $123.6m
- Revenue
- $75.5m
- Investments
- $0.0
- Employees
- 464
- Location
- Columbus, WI
- Founding
- 02/1972
- Data as of
- 09/2023
- EIN
- 39-1140373
Organization Overview
Prairie Ridge Health Inc is located in Columbus, WI. The organization was established in 1972. According to its NTEE Classification (E02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Health Care and related organizations. As of 09/2023, Prairie Ridge Health Inc employed 464 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Prairie Ridge Health 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 09/2023, Prairie Ridge Health Inc generated $75.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $68.5m during the year ending 09/2023. While expenses have increased by 7.1% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
ACCREDITED ACUTE CARE HOSPITAL PROVIDING A FULL ARRAY OF HEALTH CARE SERVICES TO PATIENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRAIRIE RIDGE HEALTH, INC. (PRH) IS A WISCONSIN NONPROFIT, NONSTOCK CORPORATION THAT IS LICENSED AS A 25-BED CRITICAL ACCESS HOSPITAL (CAH). PRAIRIE RIDGE HEALTH, INC. PROVIDES INPATIENT, OUTPATIENT, AND CLINIC MEDICAL SERVICES TO PATIENTS. FOR THE FISCAL YEAR ENDED 9/30/23, 822 ACUTE ADMISSIONS RESULTED IN 2,827 INPATIENT DAYS. IN ADDITION, THERE WERE 138 DELIVERIES, 259 NEWBORN DAYS, AND 169 INPATIENT SURGERIES. ON THE OUTPATIENT SIDE, PRH PROVIDES A MULTITUDE OF SERVICES INCLUDING EMERGENCY ROOM, LAB, RADIOLOGY, REHABILITATION, SURGERY, INFUSION THERAPY, AND NUTRITION SERVICES. FOR THE FISCAL YEAR ENDED 9/30/23, PRH SAW 16,196 PATIENTS IN THE EMERGENCY ROOM AND URGENT CARE. 704 PATIENTS HAD OUTPATIENT SURGERY AND 1,054 GASTROINTESTINAL PROCEDURES WERE PERFORMED. PRH ALSO OPERATES THREE PHYSICIAN CLINICS LOCATED IN COLUMBUS, BEAVER DAM, AND MARSHALL. OUR EXPERIENCED AND CARING PROVIDERS SPECIALIZE IN ORTHOPEDICS, GENERAL SURGERY, OB/GYN, FAMILY MEDICINE, INTERNAL MEDICINE AND PHYSICAL AND OCCUPATIONAL THERAPY AND IMAGING SERVICES. FOR THE FISCAL YEAR ENDED 9/30/23, THERE WERE 26,348 CLINIC VISITS, 5,906 THERAPY VISITS AND 832 IMAGING SCANS.THE HOSPITAL PROVIDES HEALTH CARE SERVICES TO PATIENTS WHO MEET CERTAIN CRITERIA UNDER ITS CHARITY CARE POLICY WITHOUT CHARGE OR AT AMOUNTS LESS THAN ESTABLISHED RATES. SINCE THE HOSPITAL DOES NOT PURSUE COLLECTION OF THESE AMOUNTS, THEY ARE NOT REPORTED AS PATIENT SERVICE REVENUE. THE ESTIMATED COST OF PROVIDING THESE SERVICES WAS $355,000 FOR THE YEAR ENDED SEPTEMBER 30, 2023, CALCULATED BY MULTIPLYING THE RATIO OF COST TO GROSS CHARGES FOR THE HOSPITAL BY THE GROSS UNCOMPENSATED CHARGES ASSOCIATED WITH PROVIDING CHARITY CARE TO ITS PATIENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Niesen MD Chf Of Stf/surgeon (thru Dec 2022) | Trustee | 40 | $1,080,099 |
Gary Galvin MD Chief Of Staff/general Surgeon | Trustee | 40 | $443,374 |
Leslie Alzuhn-Hansen MD Director/ob/gyn Physician | Trustee | 40 | $397,603 |
Jennifer Homman Chair | OfficerTrustee | 0.4 | $0 |
Jo Ann Evans Vice Chair | OfficerTrustee | 0.4 | $0 |
Randall Bobholz Treasurer | OfficerTrustee | 0.4 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Madison Emergency Physicians Sc Er Physician Services | 9/29/23 | $2,269,960 |
Columbia Anesthesia Llc Anesthesia Services | 9/29/23 | $1,339,049 |
Shared Imaging Services Llc Nuclear Medicine & Ultrasound Services | 9/29/23 | $1,498,077 |
Totalmed Staffing Medical Staffing | 9/29/23 | $955,566 |
Ssm Health Care Of Wi Healthcare Services | 9/29/23 | $762,793 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $127,652 |
| Government grants | $5,105 |
| All other contributions, gifts, grants, and similar amounts not included above | $126,792 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $259,549 |
| Total Program Service Revenue | $73,817,865 |
| Investment income | $1,407,864 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $53,872 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $75,539,150 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $3,326,553 |
| Compensation of current officers, directors, key employees. | $622,066 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $25,006,817 |
| Pension plan accruals and contributions | $726,325 |
| Other employee benefits | $6,234,399 |
| Payroll taxes | $1,810,807 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $142,197 |
| Fees for services: Accounting | $60,485 |
| Fees for services: Lobbying | $7,764 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $10,063,179 |
| Advertising and promotion | $519,333 |
| Office expenses | $1,474,252 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,201,552 |
| Travel | $35,785 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $66,503 |
| Interest | $715,816 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,325,186 |
| Insurance | $349,589 |
| All other expenses | $1,391,102 |
| Total functional expenses | $68,481,707 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $573,557 |
| Savings and temporary cash investments | $28,657,655 |
| Pledges and grants receivable | $8,207 |
| Accounts receivable, net | $12,117,660 |
| Loans from Officers, Directors, or Controlling Persons | $40,000 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,180,000 |
| Inventories for sale or use | $1,138,305 |
| Prepaid expenses and deferred charges | $532,144 |
| Net Land, buildings, and equipment | $48,202,323 |
| Investments—publicly traded securities | $29,220,055 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,932,889 |
| Total assets | $123,602,795 |
| Accounts payable and accrued expenses | $8,590,156 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $19,795,193 |
| 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 | $259,400 |
| Total liabilities | $28,644,749 |
| Net assets without donor restrictions | $93,284,557 |
| Net assets with donor restrictions | $1,673,489 |
| 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 | $123,602,795 |