Program areas at MCW
Education - Approximately 1,600 students are enrolled in degree-granting educational programs at MCW. This includes 1,023 medical students, 409 graduate students, 130 pharmacy students, and 53 Master of Science in Anesthesia students. MCW faculty supervise more than 700 physicians in residency training and 200 physicians in fellowship training through the Medical College of Wisconsin Affiliated Hospitals, Inc. (CONTINUED IN SCHEDULE O)
Patient Care - Approximately 1,780 MCW physicians and 905 nurse practitioners, physician assistants, and other health care practitioners provide adult patient care as the Medical College Physicians and pediatric patient care through Children's Specialty Group, a joint venture with Children's Hospital and Health System. The MCW physician practice includes doctors in every specialty and subspecialty of medicine. (CONTINUED IN SCHEDULE O)
Research - MCW is a major national research center and the second largest research institution in Wisconsin. In fiscal year 2022, MCW invested $348.0 million in research, teaching, training and related purposes which will lead to improved patient care and health outcomes. This total includes $132.3 million from the National Institutes of Health (NIH). MCW ranks in the top third of U.S. medical schools in NIH research support. (CONTINUED IN SCHEDULE O)
Who funds Medical College of Wisconsin (MCW)
Grants from foundations and other nonprofits
Personnel at MCW
Name | Title | Compensation | Date of data |
---|
John R Raymond | Trustee and President and Chief Executive Officer | $2,066,220 | 2022-06-30 |
Christopher P Kops | Executive Vice President for Finance and Administration and Chief Operating Officer / Executive Vice President for Finance and Administration / Executive Vice President - Finance and Administration , Chief Operating Officer / Senior Vice President and Chief Operating Officer | $823,055 | 2022-06-30 |
Mitchell Beckman | Vice President - Development , Chief Financial Officer / Vice President - Development and Chief Financial Officer FM 9 and 16 and 19 | $399,398 | 2022-06-30 |
Shelisa Dalton | Chief Financial Officer | $352,088 | 2023-05-15 |
David Hotchkiss | Vice President - Information Services , Chief Information Officer / Vice President - Info Services and Chief Information Officer | $424,388 | 2022-06-30 |
...and 30 more key personnel |
Financials for MCW
Revenues | FYE 06/2022 | FYE 06/2021 | % Change |
---|
Total grants, contributions, etc. | $224,509,895 | $240,236,197 | -6.5% |
Program services | $1,145,495,436 | $1,058,801,872 | 8.2% |
Investment income and dividends | $27,862,181 | $25,947,326 | 7.4% |
Tax-exempt bond proceeds | $242 | $367 | -34.1% |
Royalty revenue | $1,212,070 | $1,497,162 | -19% |
Net rental income | $229,418 | $204,533 | 12.2% |
Net gain from sale of non-inventory assets | $214,616,572 | $36,362,094 | 490.2% |
Net income from fundraising events | $-48,435 | $0 | -999% |
Net income from gaming activities | $0 | $0 | - |
Net income from sales of inventory | $74,388 | $84,639 | -12.1% |
Miscellaneous revenues | $0 | $0 | - |
Total revenues | $1,613,951,767 | $1,363,134,190 | 18.4% |
Organizations like MCW
Organization | Type | Location | Revenue |
---|
Amherst COLLEGE Trustees | 501(c)(3) | Amherst, MA | $604,902,946 |
Fairfield University | 501(c)(3) | Fairfield, CT | $415,893,981 |
Rush University Medical Center | 501(c)(3) | Chicago, IL | $2,591,581,148 |
University of Rochester | 501(c)(3) | Rochester, NY | $4,935,271,271 |
Yale University | 501(c)(3) | New Haven, CT | $7,410,414,729 |
Wake Forest University (WFU) | 501(c)(3) | Winston Salem, NC | $715,438,504 |
Midwestern University | 501(c)(3) | Downers Grove, IL | $519,542,731 |
Williams College | 501(c)(3) | Williamstown, MA | $557,181,278 |
Yale New Haven Hospital (YNHH) | 501(c)(3) | New Haven, CT | $3,904,285,739 |
Mayo Clinic | 501(c)(3) | Rochester, MN | $7,075,354,210 |
Data update history
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 20, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 13, 2023
Used new vendors
Identified 13 new vendors, including , , , , , , , , , , , , and
July 3, 2023
Updated personnel
Identified 2 new personnel
Nonprofit Types
SchoolsHigher ed institutionsHeadquarter / parent organizations
Issues
Education
Characteristics
Political advocacyLobbyingFundraising eventsOperates internationallyState / local levelReceives government fundingEndowed supportCommunity engagement / volunteeringProvides scholarshipsGala fundraisersAuction fundraisersTax deductible donations
General information
- Address
- 8701 Watertown Plank Rd
- Milwaukee, WI 53226
- Metro area
- Milwaukee-Waukesha, WI
- County
- Milwaukee County, WI
- Website URL
- mcw.edu/Â
- Phone
- (414) 955-8296
- Facebook page
- medicalcollegeofwisconsinÂ
- Twitter profile
- @medicalcollegeÂ
IRS details
- EIN
- 39-0806261
- Fiscal year end
- June
- Taxreturn type
- Form 990
- Year formed
- 1918
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- B42: Undergraduate College (4-year)
- NAICS code, primary
- 611310: Colleges, Universities, and Professional Schools
- Parent/child status
- Central organization
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