Froedtert & Community Health Inc

Organization Overview

Froedtert & Community Health Inc is located in Milwaukee, WI. The organization was established in 2001. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. As of 06/2021, Froedtert & Community Health Inc employed 13,789 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Froedtert & Community Health 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 06/2020, Froedtert & Community Health Inc generated $675.5m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.3% each year . All expenses for the organization totaled $620.1m during the year ending 06/2020. While expenses have increased by 8.8% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

FROEDTERT HEALTH, INC. ADVANCES THE HEALTH OF THE PEOPLE OF THE DIVERSE COMMUNITIES WE SERVE THROUGH EXCEPTIONAL CARE ENHANCED BY INNOVATION AND DISCOVERY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

HEALTH CARE MANAGEMENT SERVICES IN SUPPORT OF FROEDTERT MEMORIAL LUTHERAN HOSPITAL, INC., COMMUNITY MEMORIAL HOSPITAL OF MENOMONEE FALLS, INC., ST. JOSEPH'S COMMUNITY HOSPITAL OF WEST BEND, INC., FROEDTERT HEALTH NEIGHBORHOOD HOSPITAL, FROEDTERT HEALTH PHARMACY SOLUTIONS, FROEDTERT HEALTH HOME INFUSION, VERTU RX, FROEDTERT HEALTH PHARMACY, AND FROEDTERT & THE MEDICAL COLLEGE OF WISCONSIN COMMUNITY PHYSICIANS.


HUMAN RESOURCE/STAFF SUPPORT TO FROEDTERT MEMORIAL LUTHERAN HOSPITAL, INC., COMMUNITY MEMORIAL HOSPITAL OF MENOMONEE FALLS, INC., ST. JOSEPH'S COMMUNITY HOSPITAL OF WEST BEND, INC., FROEDTERT HEALTH NEIGHBORHOOD HOSPITAL, FROEDTERT HEALTH PHARMACY SOLUTIONS, FROEDTERT HEALTH HOME INFUSION, VERTU RX, FROEDTERT HEALTH PHARMACY, AND FROEDTERT & THE MEDICAL COLLEGE OF WISCONSIN COMMUNITY PHYSICIANS.


OUTPATIENT SERVICES OF FROEDTERT NEIGHBORHOOD HOSPITAL, FROEDTERT HEALTH PHARMACY SOLUTIONS, FROEDTERT HEALTH HOME INRUSION, VERTU RX, WEST BEND SURGERY CENTER, AND FROEDTERT HEALTH PHARMACY.


IT SUPPORT EXPENSE - 78,947,012INPATIENT EXPENSE - 774,730EMERGENCY DPT EXPENSE - 19,353,611 TOTAL EXPENSE - 99,075,353 IT SUPPORT REVENUE - 78,947,012INPATIENT REVENUE - 839,861EMERGENCY DPT REVENUE - 20,980,633JT VENTURE REVENUE - 60,087,753 TOTAL REVENUE - 160,855,259


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Board, Officers & Key Employees

Name (title)Compensation
Jacobson Catherine
Director & Ceo/president
$2,846,002
Hawig Scott
Treasurer
$1,275,435
Truwit Jonathon
Enterprise Chief Medical Off
$1,135,791
Buck Catherine
Fmlh President
$1,055,840
Olson David
Sr VP & Chief Strategy Off
$928,825
Mcclellan Nina
Fh Cio
$803,074

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Medical College Of Wi
Professional Service
$93,615,817
Rightsourcing Inc
Professional Service
$6,402,046
Milwaukee Regional Medical Center
Professional Service
$4,475,944
Hospital Billing & Collection
Professional Service
$3,812,357
Optimum Healthcare It
Professional Service
$3,417,762
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$0
Investment income $45,513,736
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $4,894,512
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $675,461,810

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Froedtert & Community Health Inc has recieved totaling $10,849.

Awarding OrganizationAmount
American Heart Association Inc

Dallas, TX

PURPOSE: STROKE PROGRAMS

$10,849
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$18,383,740
Earnings$223,865
Admin Expense$56,937
Net Contributions$2,253,332
Other Expense$816,581
Grants$717,189
Ending Balance$19,270,230

Peer Organizations

Organization NameAssets
Gundersen Lutheran Administrative Services Inc
La Crosse, WI
$953,342,080
Bhsh System
Grand Rapids, MI
$1,050,315,288
Mercy Health Services Iowa Corp
Mason City, IA
$829,323,680
Aurora Health Care Inc
Milwaukee, WI
$666,695,867
Mercy Health Partners
Muskegon, MI
$692,908,897
Inclusa Inc
Stevens Point, WI
$696,118,730
Froedtert & Community Health Inc
Milwaukee, WI
$675,461,810
The Carle Foundation
Urbana, IL
$555,725,730
Mayo Clinic
Rochester, MN
$436,452,129
Carle Health Care Incorporated
Urbana, IL
$301,090,091
Mclaren Greater Lansing
Lansing, MI
$435,283,009
Centracare Health System
St Cloud, MN
$458,863,566

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