Froedtert Memorial Lutheran Hospital Inc is located in Milwaukee, WI. The organization was established in 1968. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, 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. Froedtert Memorial Lutheran Hospital 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 06/2021, Froedtert Memorial Lutheran Hospital Inc generated $2.2b in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $2.0b during the year ending 06/2021. While expenses have increased by 7.1% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
FROEDTERT MEMORIAL LUTHERAN HOSPITAL, INC. (FMLH) ADVANCES THE HEALTH OF THE PEOPLE OF THE DIVERSE COMMUNITIES WE SERVE THROUGH EXCEPTIONAL CARE ENHANCED BY INNOVATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
INPATIENT SERVICES - SEE SCHEDULE O
OUTPATIENT SERVICES - SEE SCHEDULE O
MEDICAL EDUCATION - SEE SCHEDULE O
OTHER REVENUEEMERGENCY & TRAUMA CENTER, AND OTHER PROGRAM REVENUEEMERGENCY AND TRAUMA CENTER. FMLH HAS A COMMUNITY EMERGENCY DEPARTMENT SERVING SOUTHEASTERN WISCONSIN. THEY PROVIDE CRITICAL CARE, GENERAL EMERGENCY AND MINOR CARE. FMLH IS THE ONLY ADULT LEVEL I TRAUMA CENTER IN SOUTHEASTERN WISCONSIN AND SUPPORTS THE AREA'S ONLY AIR MEDICAL RESCUE PROGRAM (FLIGHT FOR LIFE) SERVING AS A VITAL RESOURCE FOR THE REGION. AS A LEVEL 1 TRAUMA CENTER WE HAVE:- PROMPT AVAILABILITY OF SPECIALISTS IN TRAUMA SURGERY, ORTHOPAEDIC SURGERY, NEUROSURGERY, SURGICAL CRITICAL CARE, AND REHABILITATION MEDICINE TO ADEQUATELY RESPOND TO AND CARE FOR VARIOUS TRAUMATIC INJURIES.- EMERGENCY DEPARTMENT STAFFED 24/7 BY BOARD-CERTIFIED EMERGENCY PHYSICIANS- BOARD CERTIFIED TRAUMA SURGEONS IN-HOUSE AND AVAILABLE 24/7- OPERATING ROOM DEDICATED SOLELY TO TRAUMA PATIENTS- A STATE OF THE ART SURGICAL INTENSIVE CARE UNIT THAT PROVIDES LIFE-SAVING CARE- A COMPREHENSIVE INJURY PREVENTION PROGRAM PROVIDING EDUCATION AND OUTREACH IN THE COMMUNITY- PROFESSIONAL EDUCATION FOR PHYSICIANS, NURSES, EMERGENCY MEDICAL SERVICES PERSONNEL AND PHYSICIAN LIAISONS- CONDUCT RESIDENT TRAINING IN GENERAL SURGERY, ORTHOPAEDIC SURGERY, NEUROSURGERY AND EMERGENCY MEDICINE - COMMITMENT TO RESEARCH TO STAY ON THE LEADING EDGE OF THE LATEST ADVANCES IN TRAUMA CARE BEING A LEVEL I STATUS DIFFERENTIATES FMLH FROM ALL OTHER HOSPITALS AND EMERGENCY DEPARTMENTS IN THE REGION. DURING FISCAL YEAR 2021, FROEDTERT HAD 69,268 EMERGENCY VISITS AND THE TRAUMA CENTER EVALUATED 4,489 PATIENTS.OTHER PROGRAM SERVICES REVENUEAS PART OF OPERATING AN ACUTE CARE HOSPITAL AND PROVIDING HEALTH CARE SERVICES TO THE COMMUNITY, OTHER REVENUE IS DERIVED IN THE FOLLOWING AREAS:OTHER DEPARTMENT OPERATING REVENUE - REVENUE DERIVED FROM DIFFERENT SERVICES THROUGH THE PROCESS OF PROVIDING PATIENT CARE AND IN THE NORMAL OPERATION OF A MEDICAL FACILITY. INCLUDED IN THIS CATEGORY ARE ITEMS SUCH AS PHARMACY REVENUE, MEDICAL STAFF APPLICATION FEES, AND REVENUE FROM CLASSES, PUMP RENTALS, AND OTHER WELLNESS SERVICES.DIETARY REVENUE REVENUE DERIVED FROM CAFETERIA SALES, VENDING MACHINE SALES, GUEST TRAY SALES AND EMPLOYEE MEALS. DIETARY SERVICES ARE NECESSARY TO SUPPORT SERVICES TO PATIENT FAMILIES WHILE THEIR LOVED ONE IS RECEIVING CARE IN THE HOSPITAL. THE REVENUE FROM EMPLOYEE MEALS IS A BENEFIT PROVIDED BY THE HOSPITAL AS AN EMPLOYER AND IT ALLOWS OUR STAFF TO REMAIN ON SITE FOR PATIENT CARE.CORPORATE ALLOCATED REVENUE - REVENUE PASSED THROUGH FROM FROEDTERT HEALTH (FH), A RELATED PARTY.INTERCOMPANY REVENUE CONSISTS OF REVENUE DERIVED FROM MEDICAL AND ADMINISTRATIVE SERVICES PROVIDED TO THE OTHER FH ENTITIES. ALL OF THESE SERVICES SUPPORT THE DELIVERY OF HEALTHCARE TO THE COMMUNITY.MISCELLANEOUS REVENUE - REVENUE DERIVED FROM DIFFERENT SERVICES THROUGH THE PROCESS OF PROVIDING PATIENT CARE IN THE NORMAL OPERATION OF A MEDICAL FACILITY. INCLUDED IN THIS CATEGORY ARE ITEMS SUCH AS RENTAL REVENUE, PARKING REVENUE, RESEARCH REVENUE, RECYCLING REVENUE, TAXABLE SALES, AND SALE OF MEDICAL RECORDS, AND INTEREST INCOME.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Conley Eric Director & Fmlh President | OfficerTrustee | 5 | $0 |
Gendelman Lori Director & Bod V.chair | OfficerTrustee | 1 | $0 |
Sevenich Jenni Director & Bod Chair | OfficerTrustee | 1 | $0 |
Van DE Kreeke Jeffrey Treasurer | Officer | 1 | $0 |
Ceelen John Treasurer | Officer | 1 | $0 |
Mcpike Linda Bod Secretary | Officer | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Nxcg Llc Pharmacy Contr Admin | 6/29/16 | $332,064 |
Wisconsin Diagnostic Lab Lab Services | 6/29/16 | $26,014,065 |
Hospital Billing & Collection Services Collection Fees | 6/29/16 | $3,734,873 |
Richard C Miller Facilities Consultin | 6/29/16 | $134,411 |
Medical College Of Wisconsin Physician & Medical | 6/29/16 | $2,566,698 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $7,714,204 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $7,714,204 |
Total Program Service Revenue | $2,063,221,179 |
Investment income | $140,591 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $176,225 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,165,393,007 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $459,703,546 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $58,137 |
Payroll taxes | $32,441,124 |
Fees for services: Management | $0 |
Fees for services: Legal | $890,682 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $194,564,885 |
Advertising and promotion | $3,098 |
Office expenses | $4,093,630 |
Information technology | $1,007,947 |
Royalties | $0 |
Occupancy | $22,760,971 |
Travel | $320,015 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $469,505 |
Interest | $18,975,350 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $71,926,660 |
Insurance | $0 |
All other expenses | $46,159,583 |
Total functional expenses | $1,979,201,294 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $14,400 |
Savings and temporary cash investments | $2,447,321 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $293,941,391 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $17,546,825 |
Prepaid expenses and deferred charges | $7,800,072 |
Net Land, buildings, and equipment | $893,396,219 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $24,179,183 |
Total assets | $1,239,325,411 |
Accounts payable and accrued expenses | $82,420,359 |
Grants payable | $0 |
Deferred revenue | $320,415 |
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 | $171,473 |
Other liabilities | $176,885,557 |
Total liabilities | $259,797,804 |
Net assets without donor restrictions | $947,014,699 |
Net assets with donor restrictions | $32,512,908 |
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 | $1,239,325,411 |
Over the last fiscal year, we have identified 2 grants that Froedtert Memorial Lutheran Hospital Inc has recieved totaling $58,490.
Awarding Organization | Amount |
---|---|
Greater Green Bay Community Foundation Inc Green Bay, WI PURPOSE: HEALTH & WELLNESS PROGRAM SUPPORT | $47,990 |
American Endowment Foundation Hudson, OH PURPOSE: PROGRAMS | $10,500 |
Beg. Balance | $12,468,124 |
Earnings | $1,501,046 |
Admin Expense | -$5,043 |
Net Contributions | $145,619 |
Other Expense | $98,838 |
Grants | $155,673 |
Ending Balance | $13,865,321 |
Organization Name | Assets | Revenue |
---|---|---|
Gundersen Lutheran Administrative Services Inc La Crosse, WI | $1,235,621,372 | $953,342,080 |
Bhsh System Grand Rapids, MI | $2,915,356,282 | $1,050,315,288 |
Mercy Health Services Iowa Corp Mason City, IA | $937,001,767 | $829,323,680 |
Aurora Health Care Inc Milwaukee, WI | $4,608,404,718 | $666,695,867 |
Mercy Health Partners Muskegon, MI | $816,487,004 | $692,908,897 |
Inclusa Inc Stevens Point, WI | $163,276,844 | $696,118,730 |
Froedtert & Community Health Inc Milwaukee, WI | $2,857,726,016 | $675,461,810 |
The Carle Foundation Urbana, IL | $3,268,207,661 | $555,725,730 |
Mayo Clinic Rochester, MN | $311,934,704 | $436,452,129 |
Carle Health Care Incorporated Urbana, IL | $56,725,719 | $301,090,091 |
Mclaren Greater Lansing Lansing, MI | $873,460,551 | $435,283,009 |
Centracare Health System St Cloud, MN | $602,692,177 | $458,863,566 |