Froedtert & Community Health Inc

Froedtert & Community Health Inc 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 06/2020, Froedtert & Community Health Inc employed 13,517 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

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 5 years, it has increased revenue by an average of 12.5% each year . All expenses for the organization totaled $620.1m during the year ending 06/2020. While expenses have increased by 10.7% per year over the past 5 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., AND FROESDTERT & 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.,AND FROEDTERT & THE MEDICAL COLLEGE OF WISCONSIN COMMUNITY PHYSICIANS.


INFORMATION TECHNOLOGY SUPPORT TO FROEDTERT MEMORIAL LUTHERAN HOSPITAL, INC., COMMUNITY MEMORIAL HOSPITAL OF MENOMONEE FALLS, INC., ST. JOSEPH'S COMMUNITY HOSPITAL OF WEST BEND, INC., AND FROEDTERT & THE MEDICAL COLLEGE OF WISCONSIN COMMUNITY PHYSICIANS.


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Froedtert & Community Health Inc Board, Officers & Key Employees

Name (title)Compensation
Jacobson Catherine A
Dir&pres/ceo
$2,651,194
Hawig Scott
Treasurer
$1,177,562
Buck Catherine
Froedtert Hospital President
$1,060,334
Pollard Dennis
Chief Operating Officer
$1,058,708
Truwit Jonathon
Chief Med Off
$1,030,963
Olson David
Chief Strategy Off
$870,432

Froedtert & Community Health Inc Vendors

Vendor Name (Service)Compensation
Medical College Of Wi
Professional Service
$211,964,368
Rightsourcing Inc
Professional Service
$17,113,255
Milwaukee Regional Medical Center
Professional Service
$12,115,553
Hospital Billing Collection
Professional Service
$7,287,429
Optimum Healthcare It
Professional Service
$5,573,082
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$592,568,162
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

Froedtert & Community Health Inc Grants Recieved

Over the last fiscal year, we have identified 1 grants that Froedtert & Community Health Inc has recieved totaling $24,000.

Awarding OrganizationAmount
American Heart Association Inc

Dallas, TX

PURPOSE: COMMUNITY HEALTH

$24,000
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

Froedtert & Community Health Inc Peer Organizations

Organization NameAssets
Aurora Health Care Inc
Milwaukee, WI
$935,373,922
Gundersen Lutheran Administrative Services Inc
La Crosse, WI
$771,144,528
Mercy Health Services Iowa Corp
Mason City, IA
$829,323,680
Bhsh System
Grand Rapids, MI
$836,019,031
Mercy Health Partners
Muskegon, MI
$692,908,897
Inclusa Inc
Stevens Point, WI
$646,951,843
Froedtert & Community Health Inc
Milwaukee, WI
$675,461,810
Mayo Clinic
La Crosse, WI
$436,452,129
Centracare Health System
St Cloud, MN
$450,485,121
Lakeland Hospitals At Niles & St Joseph Inc
Saint Joseph, MI
$458,865,983
Carle Health Care Incorporated
Urbana, IL
$299,446,222
Mclaren Greater Lansing
Lansing, MI
$390,973,731

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