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Nonprofiteer
← MOUNDVIEW MEMORIAL HOSPITAL & CLINICS INC

Form 990 for tax year 2023

Filed by MOUNDVIEW MEMORIAL HOSPITAL & CLINICS INC.

This return was superseded by a later amendment. matched by us It is kept because history is preserved rather than replaced.

What the amendment changed

Compared with the latest return for 2023 , filed 12 August 2025. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Total revenue
$25,535,565 changed to $36,901,407
Total expenses
$24,246,342 changed to $34,469,139
Contributions and grants received
$92,084 changed to $122,479
Grants paid
$0 changed to $600
Program service revenue
$24,924,368 changed to $35,884,432
Investment income
$359,449 changed to $699,809
Other revenue
$159,664 changed to $194,687
Total assets, end of year
$21,024,749 changed to $24,370,099
Total liabilities, end of year
$2,702,190 changed to $3,618,761
Net assets or fund balances, end of year
$18,322,559 changed to $20,751,338
Program services expenses
$21,182,750 changed to $30,321,711
Management and general expenses
$3,063,592 changed to $4,147,428
Program service expenses (Part III)
$21,182,750 changed to $30,321,711

Listed only on the earlier return

  • Richard Sternhagen

Listed only on the later return

  • Brad Shaw
  • David Brown
  • Deena Kedrowski
  • John Ceelen
  • Neil Donner
  • Preston Pietrzak

Listed under a different title

  • Gerald Oetzel: CFO-GHS (THRU 08/23) then FORMER CFO-BGHS
  • Scott Rathgaber: CEO-GHS then CEO-BGHS
  • Steve Little: CFO-GHS (BEG 08/23) then CFO-BGHS (THRU 02/2024)

Totals

Total revenue
$25,535,565
Total expenses
$24,246,342
Contributions and grants received
$92,084
Grants paid
$0
Program service revenue
$24,924,368
Investment income
$359,449
Other revenue
$159,664
Total assets, end of year
$21,024,749
Total liabilities, end of year
$2,702,190
Net assets or fund balances, end of year
$18,322,559
Program services expenses (Part IX)
$21,182,750
Management and general expenses
$3,063,592
Fundraising expenses
$0
Program service expenses (Part III)
$21,182,750

Program services were 87.4% 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

    $78,481

  • 1e · Government grants (contributions)

    $13,444

  • 1f · All other contributions, gifts and grants

    $159

  • 2a · Program service revenue: NET PATIENT SERVICE REVENUE

    total $15,799,104 · related or exempt $15,799,104

  • 2b · Program service revenue: PHARMACY

    total $9,079,838 · related or exempt $9,079,838

  • 2c · Program service revenue: MEDICAL BUILDING RENT

    total $38,798 · related or exempt $38,798

  • 2f · All other program service revenue

    total $6,628 · related or exempt $6,628

  • 3 · Investment income

    total $359,449 · excluded $359,449

  • 6a · Gross rents

    real property $13,406

  • 6b · Less rental expenses

    real property $10,003

  • 6c · Rental income or loss

    real property $3,403

  • 6d · Net rental income or loss

    total $3,403 · excluded $3,403

  • 11a · Other revenue: E.H.R INCENTIVE

    total $44,239 · related or exempt $44,239

  • 11b · Other revenue: CAFETERIA

    total $25,480 · excluded $25,480

  • 11d · All other revenue

    total $86,542 · excluded $86,542

  • 11e · Other revenue, total

    $156,261

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $166,748 · management and general $166,748

  • 7 · Other salaries and wages

    total $6,641,752 · program services $5,640,051 · management and general $1,001,701

  • 8 · Pension plan contributions

    total $105,937 · program services $84,251 · management and general $21,686

  • 9 · Other employee benefits

    total $1,040,268 · program services $834,017 · management and general $206,251

  • 10 · Payroll taxes

    total $445,589 · program services $360,891 · management and general $84,698

  • 11c · Fees: accounting

    total $8,950 · management and general $8,950

  • 11d · Fees: lobbying

    total $4,304 · management and general $4,304

  • 11g · Fees: other

    total $7,109,136 · program services $5,913,367 · management and general $1,195,769

  • 12 · Advertising and promotion

    total $38,820 · program services $4,834 · management and general $33,986

  • 13 · Office expenses

    total $412,561 · program services $303,409 · management and general $109,152

  • 14 · Information technology

    total $15,294 · program services $14,460 · management and general $834

  • 16 · Occupancy

    total $281,694 · program services $254,149 · management and general $27,545

  • 17 · Travel

    total $132,827 · program services $130,948 · management and general $1,879

  • 19 · Conferences, conventions and meetings

    total $24,746 · program services $12,390 · management and general $12,356

  • 20 · Interest

    total $4,699 · program services $4,486 · management and general $213

  • 22 · Depreciation, depletion and amortization

    total $398,882 · program services $332,969 · management and general $65,913

  • 23 · Insurance

    total $53,314 · program services $1,722 · management and general $51,592

  • 24a · Other expenses: MEDICAL SUPPLIES

    total $6,594,924 · program services $6,594,924

  • 24b · Other expenses: PHARMACY DRUGS AND VACC

    total $264,780 · program services $264,780

  • 24c · Other expenses: EQUIPMENT REPAIRS AND M

    total $227,363 · program services $219,771 · management and general $7,592

  • 24d · Other expenses: BAD DEBT EXPENSE

    total $142,249 · program services $142,249

  • 24e · All other expenses

    total $131,505 · program services $69,082 · management and general $62,423

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $875 · end of year $1,175

  • 2 · Savings and temporary cash investments

    beginning of year $9,233,752 · end of year $10,781,880

  • 4 · Accounts receivable

    beginning of year $2,492,118 · end of year $3,049,390

  • 8 · Inventories for sale or use

    beginning of year $635,752 · end of year $702,338

  • 9 · Prepaid expenses and deferred charges

    beginning of year $59,090 · end of year $80,154

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

    $9,164,809

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

    $3,571,254

  • 10c · Land, buildings and equipment, net

    beginning of year $5,670,130 · end of year $5,593,555

  • 14 · Intangible assets

    beginning of year $744,167 · end of year $731,667

  • 15 · Other assets

    beginning of year $318,703 · end of year $84,590

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,349,717 · end of year $1,559,189

  • 19 · Deferred revenue

    beginning of year $41,076 · end of year $3,658

  • 23 · Secured mortgages and notes payable

    beginning of year $226,262 · end of year $201,991

  • 25 · Other liabilities

    beginning of year $504,196 · end of year $937,352

  • 27 · Net assets without donor restrictions

    beginning of year $16,500,336 · end of year $17,783,559

  • 28 · Net assets with donor restrictions

    beginning of year $533,000 · end of year $539,000

Mission and programs · 2023

Mission

TOGETHER, WE INSPIRE YOUR BEST LIFE BY RELENTLESSLY CARING, LEARNING AND INNOVATING.

  • THE HOSPITAL IS A GENERAL MEDICAL CRITICAL ACCESS HOSPITAL LICENSE FOR 25 BEDS. DURING FISCAL YEAR 2023, THE HOSPITAL HAD 440 ACUTE PATIENT DAYS AND 870 SWING BED DAYS. THE HOSPITAL ALSO HAD 6,285 EMERGENCY ROOM/URGENT VISITS AND 8,455 CLINIC VISITS.

    Expenses $13,297,712 · Revenue $15,888,769

  • THE HOSPITAL ALSO HAS AN OUTPATIENT PHARMACY THAT IS THE ONLY IN IT'S COUNTY (ADAMS, WI), AND IN 2023 FILLED 52,239 PRESCRIPTIONS.

    Expenses $7,885,038 · Revenue $9,079,838

As filed on the 2023 return.

Listed in Part VII

  • Scott Rathgaber

    CEO-GHS

    Total calculated
    $0
    Hours/week
    1 + 40 related

  • Gerald Oetzel

    CFO-GHS (THRU 08/23)

    Total calculated
    $0
    Hours/week
    1 + 40 related

  • Steve Little

    CFO-GHS (BEG 08/23)

    Total calculated
    $0
    Hours/week
    1 + 40 related

  • Frank Perez-Guerra

    CEO

    Total calculated
    $0
    Hours/week
    40 + 1 related

  • Tadd Wormet

    CHAIR

    Total calculated
    $0
    Hours/week
    2.5

  • Richard Sternhagen

    CHAIR (TERMED JAN)

    Total calculated
    $0
    Hours/week
    2.5 + 1 related

  • Paul Fisch

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2.5 + 40 related

  • Sarah Rossman

    TREASURER/SECRETARY

    Total calculated
    $0
    Hours/week
    2.5 + 40 related

  • Stephanie Carroll

    BOARD TRUSTEE/MD HOSPITALIST

    Total calculated
    $0
    Hours/week
    2.5 + 40 related

  • Bryan Erdmann

    BOARD TRUSTEE/COO

    Total calculated
    $0
    Hours/week
    2.5 + 40 related

  • Laurie Inda

    BOARD TRUSTEE

    Total calculated
    $0
    Hours/week
    2.5

  • Karen Miller

    BOARD TRUSTEE

    Total calculated
    $0
    Hours/week
    2.5

  • Roxanne Potts

    BOARD TRUSTEE/CLINICAL OPS. DIRECTOR

    Total calculated
    $0
    Hours/week
    2.5 + 40 related

  • Joe Theisen

    BOARD TRUSTEE

    Total calculated
    $0
    Hours/week
    2.5

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.

Schedule J

Answered yes

  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 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)

PART I, LINE 3
PURSUANT TO IRS FORM 990 INSTRUCTIONS, THIS SHORT PERIOD RETURN COVERS THE DATES 01/01/2023 THROUGH 09/30/2023 AND THERE IS NO CALENDAR YEAR ENDING WITHIN THE PERIOD AND THUS NO REPORTABLE COMPENSATION. A RELATED ORGANIZATION OF THE FILING ORGANIZATION USES ONE OR MORE OF THE FOLLOWING TO ESTABLISH THE COMPENSATION OF THE ORGANIZATION'S TOP MANAGEMENT OFFICIAL: -COMPENSATION COMMITTEE -INDEPENDENT COMPENSATION CONSULTANT -COMPENSATION SURVEY OR STUDY, AND -APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE PLEASE REFER TO THE FORM 990, PART VI, LINE 15A DISCLOSURE IN SCHEDULE O FOR ADDITIONAL DETAILS ON HOW COMPENSATION OF THE ORGANIZATION'S TOP MANAGEMENT OFFICIAL IS ESTABLISHED.

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 corporations and trusts

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

  • BEL-REGIONAL HOME MEDICAL INC

    C · DURABLE MEDICAL EQUIPMENT, RETAIL PHARMACY, FITNESS · WI

  • GUNDERSEN LUTHERAN ENVISION LLC

    C · RENEWABLE ENERGY · WI

  • GUNDERSEN EDGE LLC

    C · INNOVATION · WI

Provenance

Return type
form_990
Tax year
2023
Filed
30 July 2024
IRS schema version
2023v5.1
Source object
202432209349300518

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