Form 990 for tax year 2023

Totals

Total revenue

$15,090

Total expenses

$815,195

Contributions and grants received

$0

Grants paid

$500

Program service revenue

$15,090

Investment income

$0

Other revenue

$0

Total assets, end of year

$2,510,345

Total liabilities, end of year

$84,272

Net assets or fund balances, end of year

$2,426,073

Program services expenses (Part IX)

$788,930

Management and general expenses

$26,265

Fundraising expenses

$0

Program service expenses (Part III)

$788,930

Program services were 96.8% 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.

Mission and programs · 2023

• The Isthmus Project was founded with the intent to support Healthcare Innovation arising from our own ecosystem, including innovators from UW Health and UW School of Medicine and Public Health. Services the Isthmus Project offers include:1) Helping connect innovators to additional development resources including mentors, potential customers, funders, as well as engineering and IP services.2) Providing mentorship on technical development and business planning including market assessment and company valuation.Funding options and support including UW Health funding.

  Expenses $788,930 · Grants $500 · Revenue $15,090

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

Listed in Part VII

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

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.

• Generations Fertility Care Inc

  501(c)(3) · Reproductive endocrinology and infertility services · WI · controlled entity

• Madison Surgery Center

  501(c)(3) · Health care services and training · WI · controlled entity

  Directly controlled by University of WI Hospital and Clinics Authority

• 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 Hospital and Clinics Authority

• SwedishAmerican Foundation

  501(c)(3) · Supports fundraising for SwedishAmerican Hospital · IL · 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

• SwedishAmerican Hospital

  501(c)(3) · Hospital · 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 Realty Corporation

  501(c)(3) · Title Holding Company · IL · controlled entity

  Directly controlled by SwedishAmerican Health System Corporation

• University Health Care Inc

  501(c)(3) · Support Organization · WI · controlled entity

  Directly controlled by University of WI Hospital and Clinics Authority

• University of WI Hospital and Clinics Authority

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

• University of WI Medical Foundation

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

  Directly controlled by University of WI Hospital and Clinics Authority

• University of Wisconsin School of Medicine and Public Health

  501(c)(3) · School · WI

  Directly controlled by University of WI Hospital and Clinics Authority

• UW Health ACO Inc

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

  Directly controlled by University of WI Hospital and Clinics Authority

• Wisconsin Therapies Inc

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

  Directly controlled by University of WI Hospital 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.

Provenance

Return type

form_990

Tax year

2023

Filed

28 April 2025

IRS schema version

2023v6.0

Source object

202511199349301726

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