Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 3 · Investment income

  total $461,341 · excluded $461,341

• 7a · Gross sales of assets other than inventory

  securities $3,710,307

• 7b · Less cost or other basis and sales expenses

  securities $4,114,578

• 7c · Gain or loss

  securities -$404,271

• 7d · Net gain or loss

  total -$404,271 · excluded -$404,271

Functional expenses

Part IX, the statement of functional expenses.

• 11g · Fees: other

  total $49,633 · management and general $49,633

• 24a · Other expenses: Malpractice/Gen Claims

  total $2,950,000 · program services $2,950,000

• 24b · Other expenses: Shared Services

  total $81,947 · program services $81,947

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $3,522,836 · end of year $1,803,657

• 11 · Investments: publicly traded securities

  beginning of year $7,214,087 · end of year $6,682,046

• 29 · Capital stock, trust principal or current funds

  beginning of year $0 · end of year $0

• 30 · Paid-in or capital surplus, or land, building or equipment fund

  beginning of year $0 · end of year $0

• 31 · Retained earnings, endowment or other funds

  beginning of year $0 · end of year $0

The filer's explanations (Part III)

Part I, Line 3

All compensation is determined by the Executive Compensation Committee of SwedishAmerican Health System Corporation and is paid by UW Health SwedishAmerican Hospital. All compensation decisions are made by independent persons. With respect to the President & CEO and other Officers, SwedishAmerican Health System Corporation follows a compensation approval procedure annually that involves approval of proposed and final compensation arrangements by SwedishAmerican Health System Corporation's Executive Compensation Committee using comparability data, as well as contemporaneous documentation of compensation decisions in the minutes.

Part I, Lines 4a-b

Severance payments during 2023 include: Tom O'Connor - $573,462; William Mewes - $87,850. These payments are reported as taxable compensation on Part II, column (B)(iii). Contributions to the 457(f) plan during 2023 include: Travis Andersen - $151,133; Faisal Ababneh - $55,164; Timothy Flynn MD - $56,040; Patricia DeWane - $46,284; Julia Zimmerman - $29,700; Rose Jeschke - $30,972; James Cole - $32,312; Carey Gehl - $112,158; Peter Newcomer - $198,810. Payments from the 457(f) plan during 2023 include: Julia Zimmerman - $18,973; Carey Gehl - $285,741. These payments are reported as taxable income on Part II, column (B) (iii). Part II, Column F: The amounts shown in column F were reported as deferred compensation in prior years but paid out in the current year. The amounts are also included in column (B) (iii).

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

Related corporations and trusts

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

• Physician's Care Network

  C · Health Services · IL

• Quartz Health Benefit Plans Corporation

  C · Health Maintenance Organization · WI

• Quartz Health Insurance Corporation

  C · Health Maintenance Organization · WI

• Quartz Health Solutions Inc

  C · Insurance · WI

• Quartz Holding Company

  C · Holding Company · WI

• State & Charles Inc

  C · Holding Company · IL

• SwedishAmerican Health Managment Corp

  C · Management Services · IL

• Wisconsin Dialysis Inc

  C · Dialysis Services · WI

• Charitable Remainder Unitrusts (5)

  T · Trust · IL