NonprofitsFroedtert Thedacare Health Inc

Health Care

Froedtert Thedacare Health Inc

MILWAUKEE, WI

Total revenue

$2.8B

Total expenses

$1.2B

Net assets

$4.2B

Grants received

$162K

5 grants

EIN

392014409

Tax year

2023

Mission

Froedtert thedacare health, inc. Advances the health of the people of the diverse communities we serve through exceptional care enhanced by innovation and discovery.

Programs

3 programs

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., holy family memorial, inc., froedtert health neighborhood hospital, froedtert health pharmacy solutions, froedtert health home infusion, vertu rx, froedtert health pharmacy, froedtert workforce health, froedtert northeast medical group, and froedtert & the medical college of wisconsin community physicians.

Expenses: $278.3M

Outpatient revenue and expense of froedtert neighborhood hospital, froedtert health home infusion, froedtert health pharmacy, froedtert northeast medical group, and west bend surgery center.

Expenses: $195.5M

It support expense - 97,549,731 inpatient expense - 3,312,285 emergency dpt expense - 106,020,522 total expense - 206,882,538 it support revenue - 97,549,731 inpatient revenue - 3,737,226 emergency dpt revenue - 119,622,836 inherent contribution from thedacare - 1,562,207,475 jt venture revenue - 17,326,464 exceedent revenue - 12,480 all other revenue - (295,612) total revenue - 1,800,160,600

Expenses: $206.9M

Financials

FY 2023

Revenue

Contributions & grants
Program service revenue$1.1B
Investment income$104.1M
Other revenue$1.6B
Total revenue$2.8B

Expenses

Grants paid
Salaries & benefits$606.7M
Fundraising
Other expenses$585.0M
Total expenses$1.2B
Total assets$5.5B
Net assets$4.2B

People

38 listed

NameRoleCompensation

Catherine Jacobson

Director & CEO/President

Board

$5.9M

45 hrs/wk

Mark Behl

Director & EVP/FTCH COO (Term Sep23)

Board

$2.7M

49 hrs/wk

Scott Hawig

Treasurer

Board

$1.8M

49 hrs/wk

Amy Marquardt

Secr & Sr VP Chief Legal Off (Term Dec23)

Board

$1.1M

50 hrs/wk

Judson Snyder

Director & BOD Chair

Board

$9K

1 hrs/wk

Robert Clarke

Director

Board

$6K

1 hrs/wk

Joan Prince PhD

Director

Board

$6K

1 hrs/wk

Mary Beth Berkes

Director (Term Dec23)

Board

$5K

1 hrs/wk

Jose Olivieri

Director (Deceased Jun24)

Board

$5K

1 hrs/wk

Kurt D Bechthold

Director

Board

$5K

1 hrs/wk

Aditi Javeri Gokhale

Director (Term Dec23)

Board

$5K

1 hrs/wk

Marc Chini

Director

Board

$5K

1 hrs/wk

Jacquelyn Fredrick

Director

Board

$5K

1 hrs/wk

Grady Crosby

Director (Term Dec23)

Board

$5K

1 hrs/wk

Jim Kotek

Director & BOD V. Chair (Start Jan24)

Board

1 hrs/wk

Imran Andrabi MD

Director & President (Start Jan24)

Board

1 hrs/wk

Mary Ellen Stanek

Director

Board

1 hrs/wk

Terry Timm

Director (Start Jan24)

Board

1 hrs/wk

Paul Van Den Heuvel

Secr & Sr VP Chief Legal Off (Start Jan24)

Board

1 hrs/wk

Kim Underhill

Director (Start Jan24)

Board

1 hrs/wk

John Pfeifer

Director (Start Jan24)

Board

1 hrs/wk

John Ber

Director (Start Jan24)

Board

1 hrs/wk

Dirk Debbink

Director (Term Dec23)

Board

1 hrs/wk

David J Lubar

Director

Board

1 hrs/wk

Chuck Dallas

Director (Start Jan24)

Board

1 hrs/wk

Eric Conley

FMLH President (Term Apr24)

Staff

$1.4M

5 hrs/wk

Sony Jacob

FTCH CIO

Staff

$1.3M

50 hrs/wk

David Olson

Sr VP & Chief Strategy Off

Staff

$1.2M

50 hrs/wk

Ian Schwartz

Exec VP & Chief Clinical Officer

Staff

$1.1M

50 hrs/wk

Eric Humphrey

FTCH Sr VP/Chief HR Officer

Staff

$1.1M

50 hrs/wk

Michael Anderes

FTCH Chief Innovation & Digital Officer

Staff

$1.0M

50 hrs/wk

Stephen Basilotto

FTCH Sr VP/Chief Experience Off

Staff

$1.0M

50 hrs/wk

Paul Spencer

VP Managed Care & Rev Cycle

Staff

$911K

50 hrs/wk

Allen Ericson

CHD President

Staff

$875K

5 hrs/wk

Edward Smith DO

Doctor

Staff

$836K

50 hrs/wk

Teresa Lux

CHD COO

Staff

$689K

5 hrs/wk

Richelle Webb Dixon

FMLH COO

Staff

$687K

50 hrs/wk

James Klauck

Former - Key (Sr VP Ancillary Svcs)

Staff

$636K

0

Independent contractors

MEDICAL COLLEGE OF WI

PROFESSIONAL SERVICE

$308.4M

RIGHTSOURCING INC

PROFESSIONAL SERVICE

$41.5M

MILWAUKEE REG MED CTR FLIGHT FOR LIFE

PROFESSIONAL SERVICE

$17.3M

HOSPITAL BILLING AND COLLECTION SERVICE

PROFESSIONAL SERVICE

$11.2M

HRSE CORE HOLDING 1 LLC

PROFESSIONAL SERVICE

$11.0M

Grants received

Showing 5 of 5

FromAmountPurposeYear
$41K
HEART FAILURE INITIATIVE
2023
$36K
HEART FAILURE INITIATIVE
2022
$11K
STROKE PROGRAMS
2021
$51K
ATRIAL FIBRILLATION PROGRAM
2020
$24K
COMMUNITY HEALTH
2019

Funded by

$162K from 1 funder · 5 grants · 2019–2023

American Heart Association Inc

$162K · 5 grants · 2019–2023

Details

EIN392014409
NTEE codeE21
Subsection03
Ruling date2001-05
Formed2001
Employees15488
Volunteers19
FROEDTERT THEDACARE HEALTH INC — Mission, Financials & Grants Received | Grantivo