Beaver Dam Community Hospitals Inc
- Assets
- $194.0m
- Revenue
- $109.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Beaver Dam, WI
- Founding
- 07/1972
- Data as of
- 06/2020
- EIN
- 39-1157876
Organization Overview
Beaver Dam Community Hospitals Inc, operating under the name Marshfield Medical Center-Beaver Dam, is located in Beaver Dam, WI. The organization was established in 1972. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, 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. Marshfield Medical Center-Beaver Dam 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, Marshfield Medical Center-Beaver Dam generated $109.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $111.8m during the year ending 06/2020. While expenses have increased by 1.3% 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
WE ENRICH LIVES TO CREATE HEALTHY COMMUNITIES THROUGH ACCESSIBLE, AFFORDABLE, COMPASSIONATE HEALTH CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BEAVER DAM COMMUNITY HOSPITALS, INC. (BDCH) IS A NOT-FOR-PROFIT 60-BED COMMUNITY HOSPITAL LOCATED IN BEAVER DAM, WISCONSIN THAT PROVIDES BOTH INPATIENT AND OUTPATIENT SERVICES. THERE ARE MEDICAL/SURGICAL, TELEMETRY, INTENSIVE CARE, OBSTETRICS, AND NURSERY UNITS ON THE INPATIENT FLOORS. THERE IS AN EMERGENCY ROOM, URGENT CARE, SURGERY CENTER, REHABILITATION CENTER, PAIN CLINIC, OUTPATIENT MEDICAL ONCOLOGY CLINIC, MEDICAL IMAGING, PHARMACY DEPARTMENT AND A WOUND CENTER. BDCH ALSO OPERATES A 115-BED NURSING HOME AND PROVIDES HOME HEALTH AND HOSPICE SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Angelia Foster Chief Admin Officer Mmc-Beaver Dam | 50 | $304,953 | |
Mark Bugher Chair | OfficerTrustee | 1 | $0 |
John Baltus Treasurer | OfficerTrustee | 1 | $0 |
Mark Bradley Vice Chair | OfficerTrustee | 1 | $0 |
Ruwan Dissanayake MD Secretary | OfficerTrustee | 1 | $0 |
Jerard Jensen Mchs General Counsel | Officer | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
A1 Excel Hospitalist Group Llc Medical Services | 12/30/21 | $1,998,514 |
Allscripts Healthcare Solutions Inc Professional Services | 12/30/21 | $606,436 |
Greenfield Rehabilitation Agency Inc Medical Services | 12/30/21 | $603,396 |
Direct Management Company Llc Professional Services | 12/30/21 | $948,613 |
Quest Diagnostics Medical Services | 12/30/21 | $638,164 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,607 |
| Investment income | $1,757,533 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $439,942 |
| Net Gain/Loss on Asset Sales | $674,671 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $109,285,462 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $2,945,808 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,253,703 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $39,740,161 |
| Pension plan accruals and contributions | $2,317,972 |
| Other employee benefits | $9,339,723 |
| Payroll taxes | $2,857,650 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $68,803 |
| Fees for services: Accounting | $115,046 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $278,433 |
| Fees for services: Other | $11,015,285 |
| Advertising and promotion | $194,622 |
| Office expenses | $1,524,787 |
| Information technology | $2,330,349 |
| Royalties | $0 |
| Occupancy | $2,875,538 |
| Travel | $251,150 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $122,746 |
| Interest | $1,179,391 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,797,705 |
| Insurance | $93,832 |
| All other expenses | $0 |
| Total functional expenses | $111,775,048 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,756,049 |
| Savings and temporary cash investments | $2,692,164 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $10,942,944 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,641,874 |
| Prepaid expenses and deferred charges | $1,138,637 |
| Investments—publicly traded securities | $71,616,438 |
| Investments—other securities | $0 |
| Investments—program-related | $196,981 |
| Intangible assets | $0 |
| Other assets | $4,106,195 |
| Total assets | $193,989,750 |
| Accounts payable and accrued expenses | $13,316,815 |
| Grants payable | $0 |
| Deferred revenue | $66,879 |
| Tax-exempt bond liabilities | $49,134,677 |
| Escrow or custodial account liability | $252,050 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $8,637,192 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $10,942,770 |
| Total liabilities | $82,350,383 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $111,639,367 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Beaver Dam Community Hospitals Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
The David A Cramer Charitable Trust Beaver Dam, WI PURPOSE: HOSPICE PROGRAM | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
St Cloud Hospital St Cloud, MN | $1,702,572,092 | $1,117,982,242 |
Advocate North Side Health Network Downers Grove, IL | $946,824,836 | $901,672,521 |
The Carle Foundation Hospital Urbana, IL | $465,988,906 | $1,085,020,210 |
Regions Hospital Minneapolis, MN | $1,151,249,927 | $936,558,758 |
Catholic Health Initiatives-Iowa Corp Des Moines, IA | $1,114,579,485 | $904,841,538 |
Central Iowa Hospital Corporation Des Moines, IA | $1,438,981,448 | $937,321,371 |
Covenant Medical Center Inc Saginaw, MI | $1,038,790,282 | $776,913,978 |
North Memorial Health Care Robbinsdale, MN | $764,114,547 | $789,881,568 |
Allegiance Health Jackson, MI | $830,742,312 | $709,583,429 |
Munson Medical Center Traverse City, MI | $1,240,001,316 | $752,883,085 |
Edward Hospital Naperville, IL | $472,054,647 | $761,222,693 |
Swedish American Hospital Rockford, IL | $973,707,288 | $637,025,862 |