Group Health Cooperative Of South Central Wi
- Assets
- $115.2m
- Revenue
- $485.7m
- Investments
- $0.0
- Employees
- 916
- Location
- Madison, WI
- Founding
- 11/1983
- Data as of
- 12/2022
- EIN
- 39-1199466
Organization Overview
Group Health Cooperative Of South Central Wi is located in Madison, WI. The organization was established in 1983. According to its NTEE Classification (E31) the organization is classified as: Group Health Practices, under the broad grouping of Health Care and related organizations. As of 12/2022, Group Health Cooperative Of South Central WI employed 916 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Group Health Cooperative Of South Central WI 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, Group Health Cooperative Of South Central WI generated $485.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $492.8m during the year ending 12/2022. While expenses have increased by 3.7% 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.
Since 2014, Group Health Cooperative Of South Central WI has awarded 52 individual grants totaling $2,940,539. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
WE PARTNER WITH MEMBERS AND THE COMMUNITIES WE SERVE TO MAXIMIZE HEALTH AND WELL-BEING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GROUP HEALTH COOPERATIVE OF SOUTH CENTRAL WISCONSIN (GHC) CONTRACTS WITH BUSINESS ORGANIZATIONS AND INDIVIDUALS IN THE STATE OF WISCONSIN TO PROVIDE COMPREHENSIVE MEDICAL CARE BENEFITS IN EXCHANGE FOR PREPAID PREMIUMS. SERVICES AS DEFINED BY THE SECRETARY OF THE U.S. DEPARTMENT OF HEALTH AND HUMAN SERVICES ARE PROVIDED TO SUBSCRIBERS AS NEEDED, AND GENERALLY WITHOUT LIMITATION AS TO TIME AND COST. GHC IS A STAFF-MODEL HMO, WHEREBY THE CLINIC-BASED PHYSICIANS ARE EMPLOYEES OF AND WORK EXCLUSIVELY FOR GHC. GHC OPERATES SIX CLINICS IN THE MADISON METROPOLITAN AREA. GHC'S ENROLLMENT AS OF DECEMBER 31, 2022 WAS 83,602. IN ADDITION TO PROVIDING HMO BENEFITS AND DAILY PATIENT CARE, GHC'S MISSION IS TO CONTRIBUTE TO AND AID COMMUNITY ORGANIZATIONS, PERFORM GOOD DEEDS AND TO MAKE DANE COUNTY A BETTER PLACE TO LIVE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nathan Hayes MD Physician; Board Member | Trustee | 40 | $240,754 |
Allison Philipps Apnp Apnp; Board Member | Trustee | 40 | $120,329 |
Ann Hoyt President | OfficerTrustee | 5 | $30,000 |
William Oemichen Treasurer | OfficerTrustee | 5 | $25,000 |
Nannette Schiller Hensen Secretary | OfficerTrustee | 4 | $13,388 |
Matt Brandrup Board Member | Trustee | 4 | $11,475 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Univ Of Wis Hospital & Clinics Authority Medical Services | 12/30/22 | $104,194,246 |
Navitus Health Solutions Medical Services | 12/30/22 | $64,410,915 |
Univ Of Wis Medical Foundation Medical Services | 12/30/22 | $62,591,407 |
Unitypoint Meriter Hospital Medical Services | 12/30/22 | $44,002,229 |
Mckesson Drug Company Medical Services | 12/30/22 | $22,650,580 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $812,408 |
| All other contributions, gifts, grants, and similar amounts not included above | $153 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $812,561 |
| Total Program Service Revenue | $479,263,893 |
| Investment income | $642,831 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $4,987,386 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $485,726,066 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $435,434 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $348,333,909 |
| Compensation of current officers, directors, key employees. | $3,876,209 |
| Compensation of current officers, directors, key employees. | $1,525,849 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $47,055,896 |
| Pension plan accruals and contributions | $3,155,829 |
| Other employee benefits | $18,000,496 |
| Payroll taxes | $4,039,317 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $199,160 |
| Fees for services: Accounting | $167,171 |
| Fees for services: Lobbying | $57,193 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $81,342 |
| Fees for services: Other | $10,518,113 |
| Advertising and promotion | $925,030 |
| Office expenses | $2,396,453 |
| Information technology | $6,100,061 |
| Royalties | $0 |
| Occupancy | $3,891,898 |
| Travel | $75,948 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $601,902 |
| Interest | $327,361 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,462,781 |
| Insurance | $1,309,801 |
| All other expenses | $1,983,608 |
| Total functional expenses | $492,812,983 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,446,513 |
| Savings and temporary cash investments | $4,507,378 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $27,726,760 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,195,551 |
| Prepaid expenses and deferred charges | $1,941,464 |
| Net Land, buildings, and equipment | $21,013,131 |
| Investments—publicly traded securities | $31,194,796 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $18,132,802 |
| Total assets | $115,158,395 |
| Accounts payable and accrued expenses | $41,724,846 |
| Grants payable | $0 |
| Deferred revenue | $19,997,751 |
| 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 | $9,464,060 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $16,472,828 |
| Total liabilities | $87,659,485 |
| Net assets without donor restrictions | $27,498,910 |
| 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 | $115,158,395 |
Grants Awarded
Over the last fiscal year, Group Health Cooperative Of South Central Wi has awarded $412,512 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
ACCESS COMMUNITY HEALTH CENTERS PURPOSE: EMPLOYMENT ENDOWMENT | $200,000 |
FOUNDATION FOR BLACK WOMEN'S WELLNESS INC PURPOSE: HEALTHY DANE SPONSORSHIP AND WELLNESS CHAMPION SPONSORSHIP | $32,850 |
UNITED WAY OF DANE COUNTY PURPOSE: CORPORATE DONATION | $27,500 |
COMMUNITY SHARES OF WISCONSIN PURPOSE: DONATION | $10,000 |
EDGEWOOD COLLEGE PURPOSE: NURSING SPONSOR | $100,000 |
SOCIETY OF ST VINCENT DE PAUL PURPOSE: DONATION | $10,000 |