EIN 39-2014409

Froedtert and the Medical College of Wisconsin

IRS 501(c) type
501(c)(3)
Num. employees
13,517
Year formed
2001
Most recent tax filings
2020-06
Financials as of 2020-06
Revenues
$675.5m
+$77m
12.8%
 
$593m: Prog svcs
 
$46m: Invst income
 
$32m: Misc rev
 
$5m: Misc other revenues
Expenses
$620.1m
+$96m
18.3%
 
$143m: Salaries, non-officers
 
$127m: Emp benef, other
 
$112m: Expense, other
 
$239m: Misc other expenses
Assets
$2.9b
+$222m
8.4%
 
$2b: Stocks & bonds
 
$381m: Bldg & equip
 
$251m: Savings
 
$540m: Misc other assets
Liabilities
$1.4b
-$1m
-0.1%
 
$668m: Tax-exempt bonds
 
$530m: Other lia
 
$216m: Accts pay
Description
The Froedtert and the Medical College of Wisconsin health network combines 3 hospitals, more than 25 locations and more than 2,000 physicians.
Also known as...
Froedtert Health; Froedtert and Community Health

Program areas at Froedtert and the Medical College of Wisconsin

Health care management services in support of Froedtert Memorial Lutheran Hospital,Inc., Community Memorial Hospital of Menomonee Falls, Inc., St. Joseph's Community Hospital of West Bend, Inc., and Froesdtert & the medical college of Wisconsin Community Physicians.
Information Technology support to Froedtert Memorial Lutheran Hospital, Inc., Community Memorial Hospital of Menomonee falls, Inc., St. Joseph's Community Hospital of West Bend, Inc., and Froedtert & the Medical College of Wisconsin Community Physicians.
Human Resource/Staff Support to Froedtert Memorial Lutheran Hospital, Inc., Community Memorial Hospital of Menomonee Falls, Inc., St. Joseph's Community Hospital of West Bend, Inc.,and Froedtert & The Medical College of Wisconsin Community Physicians.

Form 990s for Froedtert and the Medical College of Wisconsin

Fiscal year endingDate received by IRSFormPDF link
2019-062021-01-21990View PDF
2018-062019-07-23990View PDF
2017-062018-09-12990View PDF
2016-062017-10-06990View PDF
2015-062016-08-03990View PDF
...and 8 more Form 990s

Who funds Froedtert and the Medical College of Wisconsin

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
American Heart Association (AHA)Community Health$24,000

Financials for Froedtert and the Medical College of Wisconsin

RevenuesFYE 06/2020
Total grants, contributions, etc.$0
Program services$592,568,162
Investment income and dividends$45,513,736
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$4,894,512
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$32,485,400
Total revenues$675,461,810

Personnel at Froedtert and the Medical College of Wisconsin

NameTitleCompensation
Catherine JacobsonPresident and Chief Executive Officer
Janavitz KurtChief Executive Officer Int HLTH NTWK$821,302
Michael AnderesChief Innovation and Digital Officer , Froedtert Health; President , Inception Health / Vice President , Digital Health; Chief Operating Officer , Inception Health
 Subscribe to viewChief Operating Officer$1,143,035
 Subscribe to viewTreasurer and Chief Financial Officer$1,427,161
...and 27 more key personnel

Organizations like Froedtert and the Medical College of Wisconsin

OrganizationLocationRevenue
Vidant HealthGreenville, NC$250,594,781
University of Wisconsin Medical FoundationMiddleton, WI$956,685,711
University of Cincinnati PhysiciansCincinnati, OH$278,101,657
Essentia HealthDuluth, MN$219,068,133
University Medical Service AssociationTampa, FL$302,543,358
Inova Health System FoundationFalls Church, VA$821,639,394
MCV PhysiciansRichmond, VA$467,163,359
Marshfield Clinic Health SystemMarshfield, WI$246,012,474
San Diego State University Foundation SDSU Research Foundation (SDSURF)San Diego, CA$178,549,792
UMass Memorial Health Care (UMMHC)Worcester, MA$399,681,870
New York Blood Center (NYBC)New York, NY$483,523,813
AltaMed Health Services CorporationLos Angeles, CA$702,094,093
West Virginia University Health SystemMorgantown, WV$239,994,288
Bronson Healthcare GroupKalamazoo, MI$338,804,241
Marshfield ClinicMarshfield, WI$922,233,071
Ascension TechnologiesSt Louis, MO$1,041,320,334
Versiti Wisconsin (BCW)Milwaukee, WI$172,523,164
OnebloodOrlando, FL$356,609,501
Harvard Medical Faculty PhysiciansBoston, MA$553,107,983
Edward-Elmhurst HealthcareNaperville, IL$254,621,094
The Joint CommissionOakbrook Terrace, IL$192,971,775
Scott & White Health Plan (SWHP)Dallas, TX$865,835,621
Norton HealthcareLouisville, KY$427,562,803
Lifenet HealthVirginia Beach, VA$441,142,112
Baptist Health South FloridaincCoral Gables, FL$1,294,005,107
Nonprofit Types
Issues
Characteristics
Key performance indicators
Total revenues
$675,461,810
2020
Yearly growth
12.8%
% of revenues
n/a
Total expenses
$620,086,121
2020
Yearly growth
18.3%
% of expenses
n/a
Total assets
$2,857,726,016
2020
Yearly growth
8.4%
% of assets
n/a
Num. employees
13,517
2020
Yearly growth
8.4%
% of total
n/a
General information
Address
9200 W Wisconsin Avenue
Milwaukee, WI 53226
Metro area
Milwaukee-Waukesha, WI
Website URL
froedtert.com/ 
Phone
(414) 805-3666
Facebook page
froedtert.mcw 
Twitter profile
@froedtert 
IRS details
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2001
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
E11: Health Care Single Organization Support
NAICS code, primary
621: Outpatient Health Care Practitioners and Facilities
Parent/child status
Central organization
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