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EIN 39-2014409

Froedtert and the Medical College of Wisconsin

IRS 501(c) type
501(c)(3)
Num. employees
15,428
City
Milwaukee
State
Wisconsin
Year formed
2001
Most recent tax filings
2023-06-01
NTEE code, primary
E21: Community Health Systems
Description
The Froedtert and the Medical College of Wisconsin health network combines 3 hospitals, more than 25 locations and more than 2,000 physicians.
Also known as...
Froedtert Health; FH Neighborhood Hospital LLC - Pew; Froedtert and Community Health; Froedtert Thedacare Health
Total revenues
$1,101,803,802
2023
Total expenses
$990,329,085
2023
Total assets
$3,376,180,624
2023
Num. employees
15,428
2023

Program areas at Froedtert and the Medical College of Wisconsin

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., holy family memorial, Inc., Froedtert Health neighborhood hospital, Froedtert Health pharmacy solutions, Froedtert Health home infusion, vertu rx, Froedtert Health pharmacy, Froedtert workforce Health, national laboratory network, Froedtert manitowoc medical group, and Froedtert & the medical college of Wisconsin community physicians.
Outpatient revenue and expense of Froedtert neighborhood hospital, Froedtert Health pharmacy solutions, Froedtert Health home infusion, vertu rx, Froedtert Health pharmacy, Froedtert manitowoc medical group, and west bend surgery center.
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 manitowoc medical group, and Froedtert & the medical college of Wisconsin community physicians.
It support expense - 98,504,461inpatient expense - 3,111,348emergency dpt expense - 84,297,918 total expense - 185,913,727it support revenue - 98,504,461inpatient revenue - 3,720,107emergency dpt revenue - 100,791,591jt venture revenue - 38,878,162 total revenue - 241,894,321

Who funds Froedtert and the Medical College of Wisconsin

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
American Heart Association (AHA)Heart Failure Initiative$36,000

Personnel at Froedtert and the Medical College of Wisconsin

NameTitleCompensation
Jacobson CatherineDirector and Chief Executive Officer and President$3,435,812
Lux TeresaCHD Chief Operating Officer / Community Hospital Div Chief Operating Officer$736,401
Webb Dixon RichelleFMLH Chief Operating Officer$757,650
Jacob SonyFH Chief Information Officer$978,546
Humphrey EricFH Senior Vice President and Chief Human Resources Officer$1,041,141
...and 16 more key personnel

Financials for Froedtert and the Medical College of Wisconsin

RevenuesFYE 06/2023
Total grants, contributions, etc.$0
Program services$985,705,542
Investment income and dividends$62,533,257
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$13,768,212
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$39,796,791
Total revenues$1,101,803,802

Form 990s for Froedtert and the Medical College of Wisconsin

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-07990View PDF
2022-062023-05-11990View PDF
2021-062022-07-11990View PDF
2020-062021-05-20990View PDF
2019-062021-01-21990View PDF
...and 12 more Form 990s

Organizations like Froedtert and the Medical College of Wisconsin

OrganizationLocationRevenue
Southern Illinois Healthcare (SIH)Carbondale, IL$664,786,468
WakeMedRaleigh, NC$2,067,993,368
Stormont-Vail HeathcareTopeka, KS$1,008,939,878
Lifespan CorporationProvidence, RI$302,231,899
Texas Health Resources (THR)Arlington, TX$1,108,069,206
Scripps HealthSan Diego, CA$4,140,209,334
LifeBridge HealthBaltimore, MD$317,429,520
Penn Highlands DuBoisDubois, PA$498,258,802
Northshore University HealthsystemEvanston, IL$2,043,661,341
Allina HealthMinneapolis, MN$5,162,065,945
Data update history
August 11, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 12, 2024
Used new vendors
Identified 3 new vendors, including , , and
May 18, 2024
Received grants
Identified 1 new grant, including a grant for $36,000 from American Heart Association (AHA)
January 24, 2024
Updated personnel
Identified 2 new personnel
July 11, 2023
Used new vendors
Identified 10 new vendors, including , , , , , , , , , and
Nonprofit Types
HospitalsHealth organizationsHeadquarter / parent organizations
Issues
Health
Characteristics
LobbyingOperates internationallyState / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
9200 W Wisconsin Ave
Milwaukee, WI 53226
Metro area
Milwaukee-Waukesha, WI
County
Milwaukee County, WI
Website URL
froedtert.com/ 
Phone
(414) 805-3666
Facebook page
froedtert.mcw 
Twitter profile
@froedtert 
IRS details
EIN
39-2014409
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2001
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
E21: Community Health Systems
NAICS code, primary
622: Hospitals
Parent/child status
Central organization
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