Medical Services Inc
- Assets
- $112.9m
- Revenue
- $72.3m
- Investments
- $6.2m
- Employees
- 490
- Location
- Hayward, WI
- Founding
- 07/1986
- Data as of
- 03/2022
- EIN
- 39-1536207
Organization Overview
Medical Services Inc, operating under the name Hayward Area Memorial Hospital & Water's Edge, is located in Hayward, WI. The organization was established in 1986. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 03/2022, Hayward Area Memorial Hospital & Water's Edge employed 490 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hayward Area Memorial Hospital & Water's Edge 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 03/2022, Hayward Area Memorial Hospital & Water's Edge generated $72.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $63.1m during the year ending 03/2022. While expenses have increased by 7.5% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO CONTINUOUSLY IMPROVE THE HEALTH STATUS OF THE PEOPLE OF THE HAYWARD AREA
Describe the Organization's Program Activity:
Part 3 - Line 4a
HAYWARD AREA MEMORIAL HOSPITAL & WATER'S EDGE IS A 25-BED CRITICAL ACCESS HOSPITAL, 50 BED NURSING HOME, AND 40 APARTMENT RCAC FACILITY. THE HOSPITAL CAMPUS ALSO CONTAINS TWO ATTACHED CLINICS THAT ARE OWNED AND OPERATED BY ESSENTIA HEALTH AND NORTHLAKES COMMUNITY HEALTH CENTER. THESE CLINICS EMPLOY APPROXIMATELY 18 FULL-TIME PHYSICIANS, AND ADDITIONAL PART-TIME SPECIALTY CARE PHYSICIANS WHO DO ROUNDS AND SEE PATIENTS AT THE HOSPITAL THROUGHOUT THE MONTH. THE HOSPITAL, NURSING HOME AND ASSISTED LIVING EMPLOY CLOSE TO 497 EMPLOYEES. IN FY '21-'22 THE HOSPITAL HAD 787 INPATIENT ADMISSIONS AND 2,965 IP DAYS, 540 OBSERVATION ADMISSIONS WITH 13,670 HOURS OF CARE, AND 52 TCU ADMISSIONS WITH 734 CENSUS DAYS OF CARE. THE NURSING HOME HAD 46 ADMISSIONS WITH 15,008 CENSUS DAYS, AND THE ASSISTED LIVING HAD 14,418 RESIDENT DAYS WITH AN AVERAGE MONTHLY CENSUS OF 39.50 FOR THE FISCAL YEAR WITH 40 TOTAL APARTMENTS. THE EMERGENCY ROOM IS STAFFED BY A PHYSICIAN 24/7/365 SEEING 8,993 PATIENTS. AIR AND GROUND AMBULANCES ARE AVAILABLE FOR THOSE REQUIRING A HIGHER LEVEL OF TRAUMA CARE. AS A RESULT OF A 2015 COMMUNITY HEALTH NEEDS ASSESSMENT, AN URGENT CARE WAS OPENED IN 2017. IT SERVED 4,377 PATIENTS DURING ITS FIFTH FULL FISCAL YEAR OF OPERATION. THE OPERATING ROOM PERFORMED 1,094 CASES AND ENDOSCOPY PERFORMED 801 PROCEDURES. THE HOSPITAL HAS ADDED SEVERAL SPECIALTY SERVICES OVER THE LAST SEVERAL YEARS. ORTHOPEDICS OPENED IN APRIL 2018 WITH A SPORTS MEDICINED CERTIFIED SURGEON ADDED IN FEBRUARY 2020. UROLOGY WAS ADDED IN AUGUST 2019. IN FY '20-'21, PODIATRY, GENERAL SURGERY, AND ADVANCED PAIN MANAGEMENT WERE ADDED. OUR SPECIALTY SERVICES PROGRAMS HAD 8,029 CLINIC VISITS AND 794 SURGERIES IN FY '21-'22. RADIOLOGY EXAMS TOTAL 25,925, AND LAB EXAMS TOTAL 91,126 PER YEAR. HAYWARD HOSPITAL PERFORMED 135 DELIVERIES LAST YEAR WITH 254 NEWBORN DAYS. HAYWARD IS A POPULAR VACATION HOME DESTINATION AND ATTRACTS TOURISTS THROUGHOUT THE YEAR. HAYWARD IS ALSO A POPULAR RECREATIONAL AREA ATTRACTING MOUNTAIN BIKERS, SKIERS, BOATING, FISHING, AND GENERAL OUTDOOR ACTIVITIES. MEDICAL PROFESSIONALS ARE ATTRACTED TO THIS POPULAR RECREATIONAL AREA BY THE QUALITY OF LIFE THEY FIND HERE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Tonkin Physician | 40 | $1,050,353 | |
Brian Donahue Physician | 40 | $1,021,908 | |
David Lynn Physician | 40 | $673,536 | |
Imtiaz Mohamed Physician | 40 | $453,357 | |
Jaime Miller Ed Medical Director | 40 | $404,660 | |
Luke Beirl Director/ceo-Msi | OfficerTrustee | 38 | $391,994 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Regional Enterprises Inc Pro Fees/rent | 3/30/22 | $2,790,021 |
Market & Johnson Contractor For Building Projects | 3/30/22 | $7,370,336 |
Smdc Clinical Laboratory Pro Fees | 3/30/22 | $628,967 |
Bwbr Architects Inc Architect Firm For Building Projects | 3/30/22 | $518,398 |
Nei Electric Electric Contractor | 3/30/22 | $254,305 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,600,346 |
| All other contributions, gifts, grants, and similar amounts not included above | $62,576 |
| Noncash contributions included in lines 1a–1f | $10,457 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,662,922 |
| Total Program Service Revenue | $67,472,394 |
| Investment income | $377,795 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $7,955 |
| Net Gain/Loss on Asset Sales | $2,609,034 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $72,260,461 |
| 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. | $1,095,487 |
| Compensation of current officers, directors, key employees. | $1,095,487 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $26,280,102 |
| Pension plan accruals and contributions | $1,013,969 |
| Other employee benefits | $6,489,062 |
| Payroll taxes | $1,700,601 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $169,092 |
| Fees for services: Accounting | $81,956 |
| Fees for services: Lobbying | $5,619 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,035,232 |
| Advertising and promotion | $127,152 |
| Office expenses | $1,045,062 |
| Information technology | $2,523,437 |
| Royalties | $0 |
| Occupancy | $1,105,035 |
| Travel | $206,365 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $117,024 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,143,890 |
| Insurance | $186,818 |
| All other expenses | $1,669,990 |
| Total functional expenses | $63,123,188 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $65,199 |
| Savings and temporary cash investments | $29,962,966 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $8,779,881 |
| Loans from Officers, Directors, or Controlling Persons | $150,000 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,074,073 |
| Prepaid expenses and deferred charges | $1,204,258 |
| Net Land, buildings, and equipment | $43,340,324 |
| Investments—publicly traded securities | $5,955,748 |
| Investments—other securities | $6,181,957 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $15,216,666 |
| Total assets | $112,931,072 |
| Accounts payable and accrued expenses | $6,724,428 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $12,228,530 |
| 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 | $2,189,878 |
| Total liabilities | $21,142,836 |
| Net assets without donor restrictions | $91,788,236 |
| 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 | $112,931,072 |
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 |