Form 990 for tax year 2024
Filed by MILWAUKEE REGIONAL MEDICAL CENTER WATER SERVICE INC.
Totals
- Total revenue
- $5,110,888
- Total expenses
- $3,695,059
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $5,012,515
- Investment income
- $0
- Other revenue
- $98,373
- Total assets, end of year
- $18,294,974
- Total liabilities, end of year
- $16,088,991
- Net assets or fund balances, end of year
- $2,205,983
- Program services expenses (Part IX)
- $3,324,263
- Management and general expenses
- $370,796
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $3,324,263
Program services were 90.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Listed in Part VII
-
ROBERT SIMI
PRESIDENT
- Total calculated
- $0
- Hours/week
- 5 + 35 related
-
MATT WADE
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
JEFF BORNEMANN
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
MARC CADIEUX
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
RYAN MARKS
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
MATTHEW LESTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
SCOTT HAWIG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
RACHEL STAUFFER
VP OF FINANCE
- Total calculated
- $269,264
- From this org
- $0
- From related orgs
- $230,126
- Other
- $39,138
- Hours/week
- 10 + 30 related
Schedule J breakdown matched by us
- Base
- $0 + $211,376 related
- Bonus
- $0 + $18,750 related
- Other
- $0
- Deferred
- $0 + $23,013 related
- Nontaxable benefits
- $0 + $16,125 related
- Filer's total
- $0 + $269,264 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
None.
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
- COMPENSATION FOR OFFICERS IS NOT PAID BY THE ORGANIZATION BUT BY THE RELATED ORGANIZATION MILWAUKEE REGIONAL MEDICAL CENTER (MRMC). MRMC DETERMINES THE COMPENSATION OF THE OFFICERS USING THE FOLLOWING: 1. WRITTEN EMPLOYMENT CONTRACTS 2. COMPENSATION SURVEY OR STUDY 3. APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE
- FORM 990, PART VII, SECTION A, LINE 5: COMPENSATION FROM AN UNRELATED PARTY
- COMPENSATION FROM AN UNRELATED PARTY UNRELATED ORGANIZATION: FROEDTERT MEMORIAL LUTHERAN HOSPITAL, EIN 39-6105970. EMPLOYEE LEASING ARRANGEMENT WITH MILWAUKEE REGIONAL MEDICAL CENTER, INC. (RELATED PARTY) EMPLOYEE: ROBERT SIMI BASE COMPENSATION: $322,034 NON-TAXABLE BENEFITS: $69,600
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.
-
MILWAUKEE REGIONAL MEDICAL CENTER INC
501(C)(3) · AID AND SUPPORT THE DEVELOPMENT AND PROVISION OF HEALTH SERVICES IN WI · WI
-
MILWAUKEE REGIONAL MEDICAL CENTER THERMAL SERVICE INC
501(C)(3) · PROVIDE STEAM AND CHILLED WATER TO THE MEMBERS OF MRMC. · WI
Directly controlled by MILWAUKEE REGIONAL MEDICAL CENTER INC
-
501(C)(3) · PROVIDE MEDICAL TRANSPORT SERVICES · WI
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 11 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202533169349303773
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