Milwaukee Regional Medical Center Thermal Service Inc

Organization Overview

Milwaukee Regional Medical Center Thermal Service Inc is located in Milwaukee, WI. The organization was established in 2014. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, 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. Milwaukee Regional Medical Center Thermal Service 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 12/2022, Milwaukee Regional Medical Center Thermal Service Inc generated $32.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $34.4m during the year ending 12/2022. While expenses have increased by 11.2% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PURPOSE IS TO PROVIDE STEAM AND CHILLED WATER TO THE MEMBERS OF MRMC.

Describe the Organization's Program Activity:

Part 3 - Line 4a

MILWAUKEE REGIONAL MEDICAL CENTER THERMAL SERVICE, INC. PURPOSE IS TO PROVIDE STEAM AND CHILLED WATER TO THE MEMBERS OF MRMC. IN APRIL 2016, MRMC THERMAL BEGAN PROVIDING HEATING AND COOLING SERVICES TO MEMBERS.


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Board, Officers & Key Employees

Name (title)Compensation
Robert Simi
President
$0
Jeff Bornemann
Board Chair
$0
Matt Wade
Vice Chair
$0
Scott Hawig
Treasurer
$0
Chris Kops
Secretary
$0
Marc Cadieux
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Ever-green Energy Inc
Operations Manager
$10,678,745
Kinect Energy Inc
Energy Provider Gas
$4,483,773
We Energies
Energy Provider Electric
$2,681,844
Milwaukee Regional Medical Center Water
Water, Storm, Sewer Provider
$773,450
Milwaukee Regional Medical Center Inc
Provide Accounting, Billing, Accounts Pa
$522,631
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
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$0
Total Program Service Revenue$32,818,506
Investment income $25,785
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $12,000
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $32,856,291

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