Madelia Health
- Assets
- $18.9m
- Revenue
- $18.5m
- Investments
- $0.0
- Employees
- 198
- Location
- Madelia, MN
- Founding
- 07/1956
- Data as of
- 05/2022
- EIN
- 41-0758512
Organization Overview
Madelia Health, operating under the name Madelia Community Hospital & Clinic, is located in Madelia, MN. The organization was established in 1956. 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 05/2022, Madelia Community Hospital & Clinic employed 198 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Madelia Community Hospital & Clinic 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 05/2022, Madelia Community Hospital & Clinic generated $18.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $19.2m during the year ending 05/2022. While expenses have increased by 7.4% 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
PROVIDE QUALITY HEALTHCARE SERVICES TO THE LOCAL COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MADELIA HEALTH PROVIDES GENERAL MEDICAL/SURGICAL SERVICES FOR INPATIENT, SWING BED PATIENTS, OUTPATIENTS, AND HOME CARE CLIENTS. DURING THE FISCAL YEAR 2021-2022 THERE WERE 145 ACUTE CARE ADMISSIONS WITH 509 PATIENT DAYS, 61 SWING BED PATIENTS WITH 516 PATIENT DAYS, 11,365 HOME CARE VISITS AND 1,601 PATIENTS, AND 7,853 TOTAL OUTPATIENT VISITS. DURING THE FISCAL YEAR MADELIA HEALTH PROVIDED $181,000 IN CHARITY CARE. A VARIETY OF COMMUNITY BENEFIT SERVICES ARE DONE EACH YEAR BY VOLUNTEER HOSPITAL EMPLOYEES AND COMMUNITY VOLUNTEERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Dryden Physician | 40 | $259,873 | |
Bruce Rorem Physician | 40 | $210,722 | |
Jeff Mengenhausen CEO Until 09/2021 | Officer | 40 | $207,486 |
Karla Boettcher Nurse Practitioner | 40 | $184,286 | |
Jane Malmskog Pharmacist | 40 | $165,402 | |
Mitchell Cherney Pharmacist | 40 | $135,487 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mankato Clinic Ltd Providers | 5/30/22 | $908,937 |
Prairieview Anesthesia And Pai Pain Mgmt/anestesia | 5/30/22 | $178,910 |
Wold Architects And Engineers Architect/engineers | 5/30/22 | $178,667 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $66,173 |
| Government grants | $533,114 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,100 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $602,387 |
| Total Program Service Revenue | $17,695,546 |
| Investment income | $206,268 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $32,183 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$4,831 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $18,531,553 |
| 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. | $533,444 |
| Compensation of current officers, directors, key employees. | $533,444 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,803,848 |
| Pension plan accruals and contributions | $191,486 |
| Other employee benefits | $1,867,836 |
| Payroll taxes | $584,220 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| 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 | $399,906 |
| Advertising and promotion | $19,597 |
| Office expenses | $626,648 |
| Information technology | $236,028 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $75,046 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $170 |
| Interest | $117,189 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $877,637 |
| Insurance | $0 |
| All other expenses | $132,012 |
| Total functional expenses | $19,156,966 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $98,921 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,453,314 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $248,342 |
| Prepaid expenses and deferred charges | $34,894 |
| Net Land, buildings, and equipment | $6,235,767 |
| Investments—publicly traded securities | $8,493,590 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $290,820 |
| Total assets | $18,855,648 |
| Accounts payable and accrued expenses | $1,553,831 |
| Grants payable | $0 |
| Deferred revenue | $260,257 |
| Tax-exempt bond liabilities | $3,658,324 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $5,256 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $5,477,668 |
| Net assets without donor restrictions | $13,256,798 |
| Net assets with donor restrictions | $121,182 |
| 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 | $18,855,648 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Madelia Health has recieved totaling $17,304.
| Awarding Organization | Amount |
|---|---|
Minnesota Hospital Association St Paul, MN PURPOSE: SPECIAL PATHOGEN PREPAREDNESS AND RESPONSE | $17,304 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Shenandoah Medical Center Shenandoah, IA | $66,279,280 | $53,754,700 |
St Josephs Area Health Services Park Rapids, MN | $107,908,671 | $54,027,271 |
Centracare Health System Of Melrose Melrose, MN | $87,022,550 | $45,743,382 |
Mille Lacs Health System Onamia, MN | $55,817,777 | $49,720,336 |
Stoughton Hospital Association Stoughton, WI | $89,267,867 | $58,913,821 |
The Howard Young Medical Center Inc Wausau, WI | $105,216,633 | $31,671,206 |
Stevens Community Medical Center Inc Morris, MN | $69,174,057 | $52,502,343 |
Waupun Memorial Hospital Waupun, WI | $81,200,383 | $57,190,057 |
Thedacare Medical Center-Waupaca Inc Appleton, WI | $126,150,544 | $53,171,867 |
Mckenzie County Healthcare Systems Inc Watford City, ND | $109,663,436 | $42,844,188 |
Huron Regional Medical Center Inc Huron, SD | $106,593,716 | $43,997,779 |
Ladd Memorial Hospital Osceola, WI | $46,005,640 | $41,699,342 |