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Nonprofiteer
← UNIVERSITY HEALTH CARE INC

Form 990 for tax year 2024

Filed by UNIVERSITY HEALTH CARE INC.

Totals

Total revenue
$33,940
Total expenses
$7,565
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$0
Investment income
$33,930
Other revenue
$10
Total assets, end of year
$134,115,865
Total liabilities, end of year
$7,787
Net assets or fund balances, end of year
$134,108,078
Program services expenses (Part IX)
$0
Management and general expenses
$7,565
Fundraising expenses
$0
Program service expenses (Part III)
not reported

Program services were 0.0% 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.

  • 3 · Investment income

    total $33,930 · excluded $33,930

  • 11d · All other revenue

    total $10 · excluded $10

  • 11e · Other revenue, total

    $10

Functional expenses

Part IX, the statement of functional expenses.

  • 11c · Fees: accounting

    total $7,455 · management and general $7,455

  • 24e · All other expenses

    total $110 · management and general $110

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $4,878,559 · end of year $4,918,251

  • 4 · Accounts receivable

    beginning of year $21,210 · end of year $8,708

  • 13 · Investments: program-related

    beginning of year $114,843,398 · end of year $126,499,819

  • 14 · Intangible assets

    beginning of year $2,689,087 · end of year $2,689,087

  • 17 · Accounts payable and accrued expenses

    beginning of year $6,972 · end of year $7,787

  • 27 · Net assets without donor restrictions

    beginning of year $122,425,282 · end of year $134,108,078

Mission and programs · 2024

Mission

Furthering the service, instruction, and research mission of the University of Wisconsin School of Medicine and Public Health, University of Wisconsin Hospital and Clinics, and the University of Wisconsin Medical Foundation.

Activities or mission (Part I)

The goal of University Health Care, Inc. is to act as holding company for its investment in Quartz Health Insurance.

  • University Health Care, Inc. primarily operates as a holding company for its investment in Quartz Health Insurance.

As filed on the 2024 return.

Listed in Part VII

  • Alan Kaplan MD

    Director

    Total calculated
    $6,750,982
    From this org
    $0
    From related orgs
    $5,741,147
    Other
    $1,009,835
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $2,007,503 related
    Bonus
    $0 + $1,286,155 related
    Other
    $0 + $2,447,489 related
    Deferred
    $0 + $950,520 related
    Nontaxable benefits
    $0 + $59,315 related
    Filer's total
    $0 + $6,750,982 related
  • Bob Flannery

    Vice President/Treasurer/Director

    Total calculated
    $2,110,051
    From this org
    $0
    From related orgs
    $1,875,256
    Other
    $234,795
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $963,017 related
    Bonus
    $0 + $412,298 related
    Other
    $0 + $499,941 related
    Deferred
    $0 + $193,585 related
    Nontaxable benefits
    $0 + $41,210 related
    Filer's total
    $0 + $2,110,051 related
  • Robert N Golden MD

    Director

    Total calculated
    $677,326
    From this org
    $0
    From related orgs
    $606,928
    Other
    $70,398
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $606,928 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $69,000 related
    Nontaxable benefits
    $0 + $1,398 related
    Filer's total
    $0 + $677,326 related
  • Carey Gehl

    President/DIrector

    Total calculated
    $1,128,470
    From this org
    $0
    From related orgs
    $940,260
    Other
    $188,210
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $653,425 related
    Bonus
    $0 + $285,886 related
    Other
    $0 + $949 related
    Deferred
    $0 + $143,334 related
    Nontaxable benefits
    $0 + $44,876 related
    Filer's total
    $0 + $1,128,470 related
  • Kelsie Doty

    Director

    Total calculated
    $442,508
    From this org
    $0
    From related orgs
    $371,173
    Other
    $71,335
    Hours/week
    1 + 39 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
  • Patricia Hutter

    Secretary

    Total calculated
    $549,311
    From this org
    $0
    From related orgs
    $441,551
    Other
    $107,760
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $325,852 related
    Bonus
    $0 + $109,915 related
    Other
    $0 + $5,784 related
    Deferred
    $0 + $60,730 related
    Nontaxable benefits
    $0 + $47,030 related
    Filer's total
    $0 + $549,311 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
All wages are paid by the supported organizations which are: University of Wisconsin School of Medicine and Public Health (UWSMPH), University of Wisconsin Hospital and Clinics Authority (UWHCA), and University of Wisconsin Medical Foundation (UWMF). The CEO and VP's compensation is discussed and reviewed with the Board in an executive session by the Director of compensation and benefits for UW Hospitals and Clinics Authority (the employer of record).
Part I, Line 4b
Several members of the Board participate in supplemental, non-qualified retirement plans through their employers, who are "related organizations to the filing entity. Those individuals particpate in a 457(f) plan. In 2024, the following employer contributions were made: - Alan Kaplan $923,610 - Bob Flannery $149,030 - Cary Gehl $116,424 - Patricia Hutter $33,820 - Kelsie Doty $9,236 In 2024, the following employer distributions were made: - Alan Kaplan $2,424,069 - Bob Flannery $488,770

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.

  • Regional Division Inc

    501(c)(3) · Regional Parent Corp. to manage and direct activities of entities · WI · controlled entity

    Directly controlled by University of WI Hospitals and Clinics Authority

  • Wisconsin Therapies Inc

    501(c)(3) · Infusion Therapy · WI · controlled entity

    Directly controlled by University of WI Hospitals and Clinics Authority

  • Generations Fertility Care

    501(c)(3) · Reproductive Endocrinology and Infertility Services · WI · controlled entity

  • University of Wisconsin Medical Foundation

    501(c)(3) · Physician Services · WI

    Directly controlled by University of WI Hospitals and Clinics Authority

  • Madison Surgery Center

    501(c)(3) · Health Care Services and Training · WI · controlled entity

  • University of Wisconsin Hospitals and Clinics Authority

    501(c)(3) · Hospital and Clinics · WI

  • UW Health ACO Inc

    501(c)(3) · Accountable Care Organization · WI · controlled entity

    Directly controlled by University of WI Hospitals and Clinics Authority

  • SwedishAmerican Hospital

    501(c)(3) · Hospital · IL · controlled entity

    Directly controlled by SwedishAmerican Health System Corporation

  • SwedishAmerican Foundation

    501(c)(3) · Supports Fundraising for SwedishAmerican Hospital · IL · controlled entity

    Directly controlled by SwedishAmerican Hospital

  • SwedishAmerican Realty Corporation

    501(c)(2) · Title Holding Company · IL · controlled entity

    Directly controlled by SwedishAmerican Health System Corporation

  • SwedishAmerican Hospital Self Insurance Trust

    501(c)(3) · Hospital Malpractice Trust · VT · controlled entity

    Directly controlled by SwedishAmerican Hospital

  • SwedishAmerican Health System Corporation

    501(c)(3) · Parent Corporation to Manage and Direct Activities of Entities · IL · controlled entity

    Directly controlled by Regional Division Inc

  • Isthmus Project Inc

    501(c)(3) · Research & Innovation · WI · controlled entity

    Directly controlled by University of WI Hospitals and Clinics Authority

  • University of Wisconsin School of Medicine and Public Health

    501(c)(3) · School · WI

    Directly controlled by University of WI Hospitals and Clinics Authority

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.

  • Chartwell Wisconsin Enterprises LLC

    Parent Entity of CW and CMW-HR · WI

  • Sixth Street Medical LLC

    Real Estate · WI

  • Three Rivers Partners LLC

    Information Technology Services · IL

  • The Featherstone Partnership LP

    Ambulatory Surgery Center · IL

Related corporations and trusts

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

  • State & Charles Inc

    C · Holding Company · IL · controlled entity

  • SwedishAmerican Health Management Corp

    C · Management Services · IL · controlled entity

  • Physician's Care Network

    C · Health Services · IL · controlled entity

  • Quartz Health Benefit Plans Corporation

    C · Health Maintenance Organization · WI · controlled entity

  • Quartz Holding Company

    C · Holding Company · WI · 56.12% owned · share of income $1,009,690,630 · share of assets $230,134,787 · controlled entity

    Directly controlled by University Health Care

  • Quartz Health Solutions Inc

    C · Insurance · WI · controlled entity

  • Quartz Health Insurance Corporation

    C · Health Maintenance Organization · WI · controlled entity

  • Wisconsin Dialysis Inc

    C · Dialysis Services · WI

Provenance

Return type
form_990
Tax year
2024
Filed
12 November 2025
IRS schema version
2024v5.2
Source object
202523179349308882

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