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Nonprofiteer
← MADISON SURGERY CENTER INC

Form 990 for tax year 2024

Filed by MADISON SURGERY CENTER INC.

Totals

Total revenue
$38,568,125
Total expenses
$29,074,568
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$38,568,125
Investment income
$0
Other revenue
$0
Total assets, end of year
$22,165,368
Total liabilities, end of year
$6,717,746
Net assets or fund balances, end of year
$15,447,622
Program services expenses (Part IX)
$26,334,967
Management and general expenses
$2,739,601
Fundraising expenses
$0
Program service expenses (Part III)
$26,334,967

Program services were 90.6% 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.

  • 2a · Program service revenue: Ambulatory Surgery Center

    total $38,567,065 · related or exempt $38,567,065

  • 2f · All other program service revenue

    total $1,060 · related or exempt $1,060

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $241,386 · management and general $241,386

  • 7 · Other salaries and wages

    total $7,674,427 · program services $6,998,193 · management and general $676,234

  • 8 · Pension plan contributions

    total $608,151 · program services $554,210 · management and general $53,941

  • 9 · Other employee benefits

    total $1,751,326 · program services $1,587,998 · management and general $163,328

  • 10 · Payroll taxes

    total $633,255 · program services $569,093 · management and general $64,162

  • 11a · Fees: management

    total $1,069,915 · management and general $1,069,915

  • 11c · Fees: accounting

    total $4,652 · management and general $4,652

  • 11g · Fees: other

    total $1,743,954 · program services $1,434,444 · management and general $309,510

  • 13 · Office expenses

    total $94,012 · program services $51,435 · management and general $42,577

  • 14 · Information technology

    total $104,861 · program services $93,284 · management and general $11,577

  • 16 · Occupancy

    total $1,911,329 · program services $1,910,964 · management and general $365

  • 17 · Travel

    total $12 · program services $12

  • 19 · Conferences, conventions and meetings

    total $170 · program services $151 · management and general $19

  • 22 · Depreciation, depletion and amortization

    total $655,701 · program services $655,701

  • 23 · Insurance

    total $40,133 · program services $36,074 · management and general $4,059

  • 24a · Other expenses: Drugs & Patient Care

    total $11,341,265 · program services $11,341,265

  • 24b · Other expenses: Equip Repair/Maint

    total $794,646 · program services $706,917 · management and general $87,729

  • 24c · Other expenses: Small Equip/Furnish

    total $91,912 · program services $81,765 · management and general $10,147

  • 24d · Other expenses: Dues & Subscriptions

    total $473 · program services $473

  • 24e · All other expenses

    total $312,988 · program services $312,988

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $13,856,908 · end of year $13,533,347

  • 4 · Accounts receivable

    beginning of year $3,308,816 · end of year $4,272,674

  • 8 · Inventories for sale or use

    beginning of year $1,177,953 · end of year $1,306,754

  • 9 · Prepaid expenses and deferred charges

    beginning of year $153,253 · end of year $135,223

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

    $19,014,704

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

    $16,249,279

  • 10c · Land, buildings and equipment, net

    beginning of year $2,871,678 · end of year $2,765,425

  • 15 · Other assets

    beginning of year $400,368 · end of year $151,945

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,013,054 · end of year $1,535,908

  • 25 · Other liabilities

    beginning of year $5,936,857 · end of year $5,181,838

  • 27 · Net assets without donor restrictions

    beginning of year $13,819,065 · end of year $15,447,622

Mission and programs · 2024

Mission

The Corporation's purposes are to (a) provide surgical services to patients not requiring hospitalization in furtherance of the needs of the community, (b) carry on educational activities related to rendering health care services to patients, (c) participate in any activity designed and carried on to promote and advance the general health and welfare of persons in the community, and (d) to do all other things necessary or convenient to accomplish its purposes.

Activities or mission (Part I)

The Corporation's goal is to provide quality health care services, facilitate training of medical students, and be committed to the community it serves.

  • Madison Surgery Center is a nonstock, nonprofit corporation organized in 1996. The organization is staffed by a comprehensive team of general and vascular surgeons, ophthalmologists, gynecologists, otolaryngologists, urologists, plastic surgeons, orthopedic surgeons, anesthesiologists, and interventional pain proceduralists. Madison Surgery Center served a total of 16,957 cases from July 2024 - June 2025.

    Expenses $26,334,967 · Revenue $38,568,125

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Mary Link

    Secretary

    Total calculated
    $557,739
    From this org
    $0
    From related orgs
    $452,751
    Other
    $104,988
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $326,519 related
    Bonus
    $0 + $109,915 related
    Other
    $0 + $16,317 related
    Deferred
    $0 + $60,730 related
    Nontaxable benefits
    $0 + $44,258 related
    Filer's total
    $0 + $557,739 related

  • Roland Vega

    Board Member

    Total calculated
    $561,774
    From this org
    $0
    From related orgs
    $508,615
    Other
    $53,159
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $508,615 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $51,750 related
    Nontaxable benefits
    $0 + $1,409 related
    Filer's total
    $0 + $561,774 related

  • Deborah Rusy

    Board Member

    Total calculated
    $506,867
    From this org
    $0
    From related orgs
    $435,989
    Other
    $70,878
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $435,989 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $69,000 related
    Nontaxable benefits
    $0 + $1,878 related
    Filer's total
    $0 + $506,867 related

  • Kelsie Doty

    President (until 6/30/25)

    Total calculated
    $442,508
    From this org
    $0
    From related orgs
    $371,173
    Other
    $71,335
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $281,073 related
    Bonus
    $0 + $84,049 related
    Other
    $0 + $6,051 related
    Deferred
    $0 + $53,791 related
    Nontaxable benefits
    $0 + $17,544 related
    Filer's total
    $0 + $442,508 related

  • Beth Erdman

    Vice President

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • Christina Jackson

    Board Member

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • Dan Jordan

    Director of MSC

    Total calculated
    $241,386
    From this org
    $0
    From related orgs
    $192,805
    Other
    $48,581
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $162,824 related
    Bonus
    $0 + $27,978 related
    Other
    $0 + $2,003 related
    Deferred
    $0 + $14,837 related
    Nontaxable benefits
    $0 + $33,744 related
    Filer's total
    $0 + $241,386 related

  • Aaron Prochaska

    Treasurer

    Total calculated
    $217,174
    From this org
    $0
    From related orgs
    $165,487
    Other
    $51,687
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $150,567 related
    Bonus
    $0 + $13,658 related
    Other
    $0 + $1,262 related
    Deferred
    $0 + $17,099 related
    Nontaxable benefits
    $0 + $34,588 related
    Filer's total
    $0 + $217,174 related

  • Patti Meyer

    Assistant Secretary

    Total calculated
    $171,890
    From this org
    $0
    From related orgs
    $147,411
    Other
    $24,479
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $134,829 related
    Bonus
    $0 + $10,710 related
    Other
    $0 + $1,872 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $24,479 related
    Filer's total
    $0 + $171,890 related

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

  • 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)

Part I, Line 3
Compensation is paid via a leasing agreement with members of the organization. Executive compensation is based on comparative data with like positions within the market.
Part I, Line 4b
Some members of the Board participate in supplemental, non-qualified retirement plans through their employers, which are related organizations to the filing entity. Those individuals participate in a 457(f) plan. In 2024, the following employer contributions were made: - Mary Link $33,820 - Kelsie Doty $9,236

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.

Related corporations and trusts

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

Provenance

Return type
form_990
Tax year
2024
Filed
3 April 2026
IRS schema version
2024v5.5
Source object
202620979349301722

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