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← SACRED HEART HOSPITAL OF THE HOSPIT AL SISTERS-3RD ORDER OF ST FRANCIS

Form 990 for tax year 2023

Filed by SACRED HEART HOSPITAL OF THE HOSPIT AL SISTERS-3RD ORDER OF ST FRANCIS.

Totals

Total revenue
$133,922,709
Total expenses
$299,357,014
Contributions and grants received
$369,955
Grants paid
$0
Program service revenue
$129,936,061
Investment income
$16,465,644
Other revenue
-$12,848,951
Total assets, end of year
$543,363,175
Total liabilities, end of year
$70,563,130
Net assets or fund balances, end of year
$472,800,045
Program services expenses (Part IX)
$180,942,536
Management and general expenses
$118,414,478
Fundraising expenses
$0
Program service expenses (Part III)
$180,942,536

Program services were 60.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1d · Related organizations

    $241,119

  • 1e · Government grants (contributions)

    $128,836

  • 2a · Program service revenue: Patient Revenue

    total $129,354,066 · related or exempt $129,354,066

  • 2b · Program service revenue: Reference Lab

    total $581,995 · unrelated business $581,995

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $8,361,890 · excluded $8,361,890

  • 6a · Gross rents

    real property $661,700

  • 6b · Less rental expenses

    real property $244,562

  • 6c · Rental income or loss

    real property $417,138 · personal property $0

  • 6d · Net rental income or loss

    total $417,138 · excluded $417,138

  • 7a · Gross sales of assets other than inventory

    securities $8,015,836 · other assets $1,437,660

  • 7b · Less cost or other basis and sales expenses

    other assets $1,349,742

  • 7c · Gain or loss

    securities $8,015,836 · other assets $87,918

  • 7d · Net gain or loss

    total $8,103,754 · excluded $8,103,754

  • 11a · Other revenue: Gift Shop

    total $90,640 · excluded $90,640

  • 11b · Other revenue: Other Operating Revenue

    total -$3,612,244 · related or exempt -$3,612,244

  • 11c · Other revenue: Joint Venture -Rehab Of Western WI

    total -$9,744,485 · related or exempt -$9,744,485

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    -$13,266,089

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $355,651 · program services $348,891 · management and general $6,760

  • 7 · Other salaries and wages

    total $43,404,404 · program services $42,579,401 · management and general $825,003

  • 8 · Pension plan contributions

    total $1,148,719 · program services $1,126,885 · management and general $21,834

  • 9 · Other employee benefits

    total $10,978,836 · program services $10,770,157 · management and general $208,679

  • 10 · Payroll taxes

    total $3,625,982 · program services $3,557,062 · management and general $68,920

  • 11b · Fees: legal

    total $2,574,784 · management and general $2,574,784

  • 11g · Fees: other

    total $80,215,584 · program services $70,844,243 · management and general $9,371,341 · fundraising $0

  • 12 · Advertising and promotion

    total $9,137 · program services $1,408 · management and general $7,729

  • 13 · Office expenses

    total $208,524 · program services $174,430 · management and general $34,094

  • 14 · Information technology

    total $312,563 · program services $275,302 · management and general $37,261

  • 16 · Occupancy

    total $8,138,231 · program services $6,249,252 · management and general $1,888,979

  • 17 · Travel

    total $85,802 · program services $29,755 · management and general $56,047

  • 19 · Conferences, conventions and meetings

    total $360,779 · program services $359,708 · management and general $1,071

  • 20 · Interest

    total $736,979 · management and general $736,979

  • 22 · Depreciation, depletion and amortization

    total $80,940,223 · program services $8,729,024 · management and general $72,211,199

  • 23 · Insurance

    total $572,739 · program services $194,596 · management and general $378,143

  • 24a · Other expenses: Corporate Allocation

    total $27,858,921 · program services $18,525 · management and general $27,840,396

  • 24b · Other expenses: Supplies

    total $22,993,362 · program services $22,987,521 · management and general $5,841

  • 24c · Other expenses: Prevea Allocation

    total $8,181,217 · program services $8,179,024 · management and general $2,193

  • 24d · Other expenses: Medicaid Assessment Taxes

    total $2,021,361 · program services $2,021,361

  • 24e · All other expenses

    total $4,633,216 · program services $2,495,991 · management and general $2,137,225 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $6,503,377 · end of year $2,102,311

  • 4 · Accounts receivable

    beginning of year $30,544,614 · end of year $3,780,403

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $5,166,658 · end of year $650,844

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,475,710 · end of year $0

  • 10a · Land, buildings and equipment: cost or other basis

    $160,768,845

  • 10b · Land, buildings and equipment: accumulated depreciation

    $158,349,791

  • 10c · Land, buildings and equipment, net

    beginning of year $101,704,386 · end of year $2,419,054

  • 11 · Investments: publicly traded securities

    beginning of year $512,915,289 · end of year $510,770,488

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $37,525,469 · end of year $23,640,075

  • 17 · Accounts payable and accrued expenses

    beginning of year $14,641,974 · end of year $28,195,195

  • 19 · Deferred revenue

    beginning of year $1,417,769 · end of year $1,572,969

  • 20 · Tax-exempt bond liabilities

    beginning of year $33,545,343 · end of year $30,645,506

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $18,293,007 · end of year $10,149,460

  • 27 · Net assets without donor restrictions

    beginning of year $627,937,410 · end of year $472,800,046

Mission and programs · 2023

Mission

TO PROVIDE THE MEANS WHEREBY SACRED HEART CAN CONTINUE THEIR APOSTOLIC MISSION TO SERVE THE SICK, THE AGED, THE POOR AND THE TERMINALLY ILL WITHOUT REGARD TO RACE, COLOR, CREED, OR NATIONAL ORIGIN.

Activities or mission (Part I)

TO REVEAL AND EMBODY CHRIST'S HEALING LOVE FOR ALL PEOPLE THROUGH OUR HIGH QUALITY FRANCISCAN HEALTH CARE MINISTRY.

  • SURGICAL SERVICES - SURGICAL SERVICES AT SACRED HEART HOSPITAL ARE COMPRISED OF STERILE PROCESSING, ANESTHESIA, SURGERY, POST ANESTHESIA CARE, AND SHORT STAY CARE SERVICES. SHORT STAY CARE SERVICES SUPPORTS INFUSION THERAPIES, CARDIAC CATH, RADIOLOGY, GASTROENTEROLOGY, AND SURGERY. SURGICAL SERVICES HAVE 10 OPERATING ROOMS IN WHICH ONE IS A HYBRID OPERATING ROOM THAT SUPPORTS VASCULAR SURGERY AND TWO C-SECTION ROOMS ON THE WOMEN'S AND INFANT FLOOR. THE SURGERY DEPARTMENT SUPPORTS CARDIOTHORACIC SERVICES AND A ROBUST ROBOTICS PROGRAM. OTHER PROCEDURES INCLUDE ORTHOPEDICS, NEUROSURGERY, PLASTICS, UROLOGY, EAR NOSE THROAT (ENT), GYNECOLOGICAL, ORGAN PROCUREMENT, DENTAL, PODIATRY, AND GENERAL SURGERY. ANESTHESIA PROVIDES SERVICES TO THE SURGERY SUITE, INTERVENTIONAL RADIOLOGY, INPATIENT RESUSCITATION, AND WOMEN AND INFANTS. STERILE PROCESSING PROVIDES SERVICES HOSPITAL-WIDE TO SURGERY, INPATIENT NURSING, LABOR DELIVERY, EMERGENCY DEPARTMENT, AND CATH LABS/INTERVENTIONAL RADIOLOGY. THE SHORT STAY CARE UNIT SUPPORTS PATIENT POPULATIONS FOR GASTROENTEROLOGY, BRONCHOSCOPY, INTERVENTIONAL RADIOLOGY, CARDIAC CATH LAB, AND IV THERAPY. SACRED HEART HOSPITAL ENDED OPERATIONS APRIL 21, 2024.

    Expenses $55,264,033 · Revenue $23,886,723

  • OTHER PROGRAM SERVICES - OTHER PROGRAM SERVICES AT SACRED HEART HOSPITAL ARE COMPRISED OF FAMILY BIRTHING CENTER, INTENSIVE CARE, EMERGENCY, ONCOLOGY, PHARMACY, LABORATORY, RESPIRATORY THERAPY, PHYSICAL THERAPY, REHABILITATION AND OTHER SERVICES. SACRED HEART HOSPITAL ENDED OPERATIONS APRIL 21, 2024.

    Expenses $53,646,955 · Revenue $55,797,882

  • MEDICAL - Internal Medicine services at Sacred Heart Hospital are comprised of endocrine, hepatobiliary disease, nephrology, neurology, general medicine, pulmonary, gastroenterology medical, and cardiology medical services. In FY24 a total of 4,533 patients were admitted to the hospital. Sacred Heart Hospital ended operations April 21, 2024.

    Expenses $50,900,102 · Revenue $25,696,979

  • CARDIOLOGY - CARDIOLOGY SERVICES OFFERS A WIDE VARIETY OF CATHETERIZATION LABORATORY PROCEDURES, NONINVASIVE CARDIOVASCULAR DIAGNOTIC PROCEDURES AND ELECTROPHYSIOLOGY PROCEDURES. FOR THOSE PATIENTS WHO NEED FOLLOW-UP A CARDIAC AND PULMONARY REHABILITION PROGRAM IS OFFERED ON SITE AT SACRED HEART. ALL SACRED HEART HOSPITAL ENDED OPERATIONS APRIL 21, 2024.

    Expenses $21,131,446 · Revenue $10,615,753

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • John Wagner

    CEO/President

    Total calculated
    $711,302
    From this org
    $303,104
    From related orgs
    $303,104
    Other
    $105,094
    Hours/week
    29.5 + 30.5 related

    Schedule J breakdown matched by us

    Base
    $187,236 + $187,236 related
    Bonus
    $115,341 + $115,341 related
    Other
    $527 + $527 related
    Deferred
    $37,796 + $37,796 related
    Nontaxable benefits
    $14,751 + $14,751 related
    Filer's total
    $355,651 + $355,651 related

  • Michelle Farrow

    Chair

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Patti Darley

    Vice Chair

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Fr Dan Oudenhoven

    Board Member

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Greg Heiler MD

    Board Member

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Laura Talley

    Board Member

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Molly Bushman

    Board Member

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Robert Maslonkowski MD

    Board Member

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Larry Gille

    Secretary (began 11/1/23)

    Total calculated
    $678,012
    From this org
    $0
    From related orgs
    $615,012
    Other
    $63,000
    Hours/week
    3 + 57 related

    Schedule J breakdown matched by us

    Base
    $0 + $560,298 related
    Bonus
    $0 + $53,424 related
    Other
    $0 + $1,290 related
    Deferred
    $0 + $30,000 related
    Nontaxable benefits
    $0 + $33,000 related
    Filer's total
    $0 + $678,012 related

  • Michael Scialdone

    Treasurer / HSHS SVP & CFO (began 01/08/24)

    Total calculated
    $0
    Hours/week
    0.5 + 59.5 related

  • Patricia Allen

    CFO - CARE DELIVERY

    Total calculated
    $773,133
    From this org
    $0
    From related orgs
    $649,506
    Other
    $123,627
    Hours/week
    3 + 57 related

    Schedule J breakdown matched by us

    Base
    $0 + $498,772 related
    Bonus
    $0 + $53,821 related
    Other
    $0 + $96,913 related
    Deferred
    $0 + $99,475 related
    Nontaxable benefits
    $0 + $24,152 related
    Filer's total
    $0 + $773,133 related

  • TODD Smart

    Treasurer (UNTIL 5/3/24)

    Total calculated
    $382,133
    From this org
    $0
    From related orgs
    $315,606
    Other
    $66,527
    Hours/week
    0.3 + 59.7 related

    Schedule J breakdown matched by us

    Base
    $0 + $275,819 related
    Bonus
    $0 + $37,512 related
    Other
    $0 + $2,275 related
    Deferred
    $0 + $46,882 related
    Nontaxable benefits
    $0 + $19,645 related
    Filer's total
    $0 + $382,133 related

  • Andrew F Bowman

    Specialty Services Executive Director

    Total calculated
    $224,374
    From this org
    $207,278
    From related orgs
    $0
    Other
    $17,096
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $182,278
    Bonus
    $25,000
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $17,096
    Filer's total
    $224,374

  • Danielle Helmick

    Physician

    Total calculated
    $309,885
    From this org
    $277,586
    From related orgs
    $0
    Other
    $32,299
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $250,628
    Bonus
    $0
    Other
    $26,958
    Deferred
    $12,654
    Nontaxable benefits
    $19,645
    Filer's total
    $309,885

  • Lance J Levendowski

    Radiation Physics Director

    Total calculated
    $325,761
    From this org
    $322,076
    From related orgs
    $0
    Other
    $3,685
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $251,939
    Bonus
    $0
    Other
    $70,137
    Deferred
    -$19,758
    Nontaxable benefits
    $23,443
    Filer's total
    $325,761

  • Lindsay Schroeder MD

    Physician

    Total calculated
    $276,661
    From this org
    $223,459
    From related orgs
    $0
    Other
    $53,202
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $223,135
    Bonus
    $0
    Other
    $324
    Deferred
    $23,700
    Nontaxable benefits
    $29,502
    Filer's total
    $276,661

  • Travis Christman

    Chief Nursing Officer

    Total calculated
    $275,292
    From this org
    $274,259
    From related orgs
    $0
    Other
    $1,033
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $198,891
    Bonus
    $75,368
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $1,033
    Filer's total
    $275,292

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation
PLEASE SEE RESPONSE TO FORM 990, PART VI, LINE 15A IN SCHEDULE O.
Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan
HSHS EXECUTIVES ELIGIBLE TO PARTICIPATE IN SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP) ARE DEFINED IN THE SERP PLAN DOCUMENTS. THE SERP WAS ESTABLISHED TO PROVIDE ADDITIONAL RETIREMENT BENEFITS TO ENSURE REASONABLE MARKET COMPETITIVE BENEFITS IN ACCORDANCE WITH THE HSHS EXECUTIVE COMPENSATION PHILOSOPHY ESTABLISHED BY THE HSHS COMPENSATION COMMITTEE. THE PLAN PROVIDES A DEFINED RETIREMENT CONTRIBUTION TO PARTICIPANTS COMMENCING ON JANUARY 1, 2008, EQUAL TO A PERCENTAGE OF COMPENSATION AS DEFINED IN THE SERP PLAN DOCUENTS FOR THE PLAN YEAR. PARTICIPANTS CONSTRUCTIVELY RECEIVE A DISTRIBUTION FROM THE PLAN NO LATER THAN MARCH 15TH OF THE CALENDAR YEAR FOLLOWING THE CALENDAR YEAR IN WHICH AN AMOUNT IS VESTED AND TAXABLE PURSUANT TO A VESTING SCHEDULE AS SPECIFIED IN THE PLAN DOCUMENT. THE ACTUAL DISTRIBUTION OF THE VESTED BENEFIT UNDER THE PLAN IS PAID IN A SINGLE LUMP SUM TO THE PARTICIPANT OR THE PARTICIPANT'S BENEFICIARY UPON THE EARLIER OF THE PARTICIPANT'S TERMINATION OF EMPLOYMENT, DEATH, OR TOTAL AND PERMANENT DISABILITY. THE FOLLOWING INTERESTED PERSONS CONSTRUCTIVELY RECEIVED DEFERRALS TO THE SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP) IN 2023; THESE DEFERRALS ARE INCLUDED IN SCHEDULE J, PART II, COLUMN (C). PATRICIA ALLEN -- $44,695 JOHN WAGNER -- $46,024 TODD SMART -- $25,441 THE FOLLOWING INTERESTED PERSONS RECEIVED DISTRIBUTIONS FROM THE SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP) IN 2023; THESE PAYMENTS ARE INCLUDED IN SCHEDULE J, PART II, COLUMN (B)(III) AND SCHEDULE J, PART II, COLUMN (F), AS APPLICABLE. PATRICIA ALLEN -- $34,179
Schedule J, Part II, Column (C) Retirement and other deferred compensation
Amounts reported in column C include deferred compensation, including amounts related to a defined benefit plan. The amount reported in column C related to these plans is the actuarial change in deferred benefit for the year and may be a negative amount.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • PRAIRIE HEART INSTITUTE MANAGEMENT COMPANY LLC

    Related · MEDICAL · IL · 100% owned · share of income $0 · share of assets $0 · general or managing partner

    Directly controlled by HSHS

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • KIARA INC

    C Corporation · HEALTHCARE · IL · 100% owned · share of income $953,484 · share of assets $19,065,022 · controlled entity

    Directly controlled by HSHS

  • LASANTE WISCONSIN INC

    C Corporation · HEALTHCARE · IL · controlled entity

    Directly controlled by KIARA INC

  • LASANTE INC

    C Corporation · HEALTHCARE · IL · controlled entity

    Directly controlled by KIARA INC

  • PREVEA HEALTH SERVICES INC

    C Corporation · HEALTHCARE · WI · 50% owned · share of income -$678,213 · share of assets $23,739,679 · controlled entity

    Directly controlled by HSSI

  • PREVEA CLINIC INC

    C Corporation · HEALTHCARE · WI · controlled entity

    Directly controlled by PHSI

  • RENAISSANCE QUALITY INSURANCE LTD

    C Corporation · INSURANCE · CJ · 100% owned · share of income $0 · share of assets $204,854,765 · controlled entity

    Directly controlled by HSSI

Provenance

Return type
form_990
Tax year
2023
Filed
9 May 2025
IRS schema version
2023v6.0
Source object
202521299349303027

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