NonprofitsFroedtert Memorial Lutheran Hospital Inc

Health Care

Froedtert Memorial Lutheran Hospital Inc

MILWAUKEE, WI

Total revenue

$2.7B

Total expenses

$2.5B

Net assets

$1.2B

Grants received

$43.4M

16 grants

EIN

396105970

Tax year

2023

Mission

Froedtert memorial lutheran hospital, inc. (fmlh) advances the health of the people of the diverse communities we serve through exceptional care enhanced by innovation.

Programs

3 programs

Inpatient services - see schedule o

Expenses: $828.8M

Medical education - see schedule o

Expenses: $152.2M

EMERGENCY & TRAUMA CENTER, AND OTHER PROGRAM REVENUE Emergency and Trauma Center. FMLH has a community emergency department serving southeastern Wisconsin. They provide critical care, general emergency and minor care. FMLH is the only adult Level 1 Trauma Center in southeastern Wisconsin and supports the area's only air medical rescue program (Flight For Life) serving as a vital resource for the region. As a Level 1 trauma center we have: - Prompt availability of specialists in trauma surgery, orthopaedic surgery, neurosurgery, surgical critical care, and rehabilitation medicine to adequately respond to and care for various traumatic injuries. - Emergency Department staffed 24/7 by board-certified emergency physicians - Board certified trauma surgeons in-house and available 24/7 - Operating room dedicated solely to trauma patients - A State of the art Surgical Intensive Care Unit that provides life-saving care - A comprehensive injury prevention program providing education and outreach in the community - Professional education for physicians, nurses, emergency medical services personnel and physician liaisons - Conduct resident training in general surgery, orthopaedic surgery, neurosurgery and emergency medicine - Commitment to research to stay on the leading edge of the latest advances in trauma care Being a Level 1 status differentiates FMLH from all other hospitals and emergency departments in the region. During fiscal year 2024, Froedtert had 75,165 emergency visits and the Trauma Center evaluated 4,368 patients. Other Program Services Revenue As part of operating an acute care hospital and providing health care services to the community, other revenue is derived in the following areas: Other Department Operating Revenue - revenue derived from different services through the process of providing patient care and in the normal operation of a medical facility. Included in this category are items such as meaningful use revenue, pharmacy Revenue, medical staff application fees, and revenue from classes, pump rentals, and other wellness services. Dietary Revenue - revenue derived from cafeteria sales, vending machine sales, guest tray sales and employee meals. Dietary services are necessary to support services to patient families while their loved one is receiving care in the Hospital. The revenue from employee meals is a benefit provided by the Hospital as an employer and it allows our staff to remain on site for patient care. Corporate Allocated Revenue - revenue passed through from Froedtert ThedaCare Health (FTCH), a related party. Intercompany Revenue - consists of revenue derived from medical and administrative services provided to the other FTCH entities. All of these services support the delivery of healthcare to the community. Miscellaneous Revenue - revenue derived from different services through the process of providing patient care in the normal operation of a medical facility. Included in this category are items such as rental revenue, parking revenue, research revenue, recycling revenue, taxable sales, and sale of medical records, and interest income.

Expenses: $76.9MGrants: $300K

Financials

FY 2023

Revenue

Contributions & grants$9.6M
Program service revenue$2.6B
Investment income
Other revenue$93.7M
Total revenue$2.7B

Expenses

Grants paid$300K
Salaries & benefits$588.0M
Fundraising
Other expenses$1.9B
Total expenses$2.5B
Total assets$1.4B
Net assets$1.2B

People

23 listed

NameRoleCompensation

Allen Ericson

Director & FMLH President (Start May24)

Board

1 hrs/wk

Anne Zizzo

Director & BOD Chair

Board

1 hrs/wk

Eric Conley

Director & FMLH President (Term Apr24)

Board

42 hrs/wk

Lori Gendelman

Director & BOD V.Chair

Board

1 hrs/wk

Barbara Slawski MD

Director

Board

1 hrs/wk

Catherine Jacobson

Director & FTCH President/CEO

Board

1 hrs/wk

Chris Her-Xiong

Director (Start Jul23)

Board

1 hrs/wk

Derek Mosley Judge

Director

Board

1 hrs/wk

Frank Cumberbatch

Director (Start Jul23)

Board

1 hrs/wk

Jennifer Lopez

Director (Start Jul23)

Board

1 hrs/wk

Kareeda Chones-Aguam

Director

Board

1 hrs/wk

Louis Butler Jr

Director

Board

1 hrs/wk

Margaret Faut Callahan

Director

Board

1 hrs/wk

Matthew Rinka

Director

Board

1 hrs/wk

Michael Stadler

Director

Board

1 hrs/wk

Michele Bria

Director

Board

1 hrs/wk

Paula Schmidt

Director & VP Patient Care Svc/CNO

Board

50 hrs/wk

Rafael Acevedo Jr

Director

Board

1 hrs/wk

Stephen Brenton

Director

Board

1 hrs/wk

Tito Izard MD

Director

Board

1 hrs/wk

Adam Smith

Treasurer

Board

1 hrs/wk

Linda McPike

BOD Secretary

Board

1 hrs/wk

Jeffrey Van De Kreeke

Former - Officer (Treas)

Staff

0

Grants received

Showing 16 of 16

FromAmountPurposeYear
$5M
GROUNDBREAKING TRANSLATIONAL RESEARCH AND INVESTING IN WORKFORCE DEVELOPMENT
2024
$5M
ADVANCING TRANSLATIONAL RESEARCH THROUGH CLINICAL TRIALS AND INFRASTRUCTURE, INVESTING IN TRANSFORMATIVE TECHNOLOGIES AND INVESTING IN WORKFORCE DEVELOPMENT
2023
$1.6M
Support Research and Education
2023
$157K
ADVANCE HEALTH WI
2023
$12M
FROEDTERT MEMORIAL LUTHERAN HOSPITAL SCHOLARSHIP FUND
2022
$5M
ADVANCING TRANSLATIONAL RESEARCH THROUGH CLINICAL TRIALS AND INFRASTRUCTURE, INVESTING IN TRANSFORMATIVE TECHNOLOGIES AND INVESTING IN WORKFORCE DEVELOPMENT
2022
$1.1M
SUPPORT RESEARCH AND EDUCATION
2022
$2.2M
SUPPORT RESEARCH AND EDUCATION
2021
$5M
ADVANCING TRANSLATIONAL RESEARCH THROUGH CLINICAL TRIALS AND INFRASTRUCTURE, INVESTING IN EMERGING TECHNOLOGIES AND INVESTING IN WORKFORCE DEVELOPMENT
2020
$712K
SUPPORT RESEARCH AND EDUCATION
2020
$48K
HEALTH & WELLNESS PROGRAM SUPPORT
2020
$1.9M
Support research and education
2019
$19K
COVID 19 SUPPORT
2019
$1.8M
Support research and education
2018
$1.9M
Support research and education
2017

Funded by

$43.4M from 6 funders · 16 grants · 2017–2024

Froedtert Memorial Lutheran Hospital Trust

$32M · 5 grants · 2020–2024

Froedtert Hospital Foundation Inc

$11.2M · 7 grants · 2017–2023

The Medical College Of Wisconsin Inc

$157K · 1 grant · 2023

Greater Green Bay Community

$48K · 1 grant · 2020

Committee Of 100 Inc

$19K · 1 grant · 2019

American Endowment Foundation

$11K · 1 grant · 2020

Details

EIN396105970
NTEE codeE21
Subsection03
Ruling date1968-05
Formed1980
Employees0
Volunteers225
FROEDTERT MEMORIAL LUTHERAN HOSPITAL INC — Mission, Financials & Grants Received | Grantivo