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Qhs 1 Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 202636686 ✦ Milwaukee, WI ✦ Designated as a 501(c)(3)

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Overview

What is Qhs 1 Inc?

Qhs 1 Inc is a nonprofit organization situated in Milwaukee, Wisconsin, with an address at 9200 W Wisconsin Ave. Their primary purpose is to support the health care exempt activities of Froedtert Health, Inc. by managing and holding ownership interests in various health care-related organizations. This mission is essential to upholding the overall health care system within the Froedtert Health network. Qhs 1 Inc plays a crucial role in maintaining the well-being of the community by ensuring the continued success of health care organizations.

Is Qhs 1 Inc legitimate?

Qhs 1 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Qhs 1 Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Qhs 1 Inc?

Qhs 1 Inc's mission is to manage ownership interests in health care-related organizations, serving to uphold the exempt health care activities of Froedtert Health, Inc.'s healthcare system. By effectively managing these investments, Qhs 1 Inc contributes to the overall health care objectives of Froedtert Health Inc., ensuring its continued success in the field. The organization's primary goal is to support the health care exempt activities of Froedtert Health, Inc., thereby contributing to the betterment of the healthcare sector as a whole.

In essence, Qhs 1 Inc acts as a financial steward, investing in health care organizations that align with the mission of Froedtert Health, Inc. This strategic approach enables both Qhs 1 Inc and the Froedtert Health, Inc. healthcare system to further their shared goal of advancing healthcare services.

Who is the CEO of Qhs 1 Inc?

Catherine A Jacobson is the Principal Officer of Qhs 1 Inc.

What is the revenue of Qhs 1 Inc?

Qhs 1 Inc's revenue in 2022 was $614,474.

Who are the executives of Qhs 1 Inc and what are their salaries?


Here are 3 key members and their salaries:


Jacobson Catherine (Dir & President)
  • Compensation: $0
  • Related: $3,449,724
  • Other: $418,859
Hawig Scott (Dir & Treasurer)
  • Compensation: $0
  • Related: $1,769,083
  • Other: $229,005
Van De Kreeke Jeffrey (Dir & Secretary)
  • Compensation: $0
  • Related: $594,531
  • Other: $34,997
Where can I find the form 990 for Qhs 1 Inc?

Qhs 1 Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Qhs 1 Inc

Qhs 1 Inc, as a nonprofit organization, is dedicated to holding and managing ownership interests in health care-related organizations. This mission serves to support the exempt health care activities of Froedtert Health, Inc.'s healthcare system. In essence, Qhs 1 Inc plays a crucial role in the successful management of these healthcare-related businesses, ultimately contributing to the broader healthcare objectives of Froedtert Health, Inc.

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Impact




October, 2024

Qhs 1 Inc plays a crucial role in the healthcare landscape by effectively managing ownership interests in health care-related organizations. This strategic management supports the mission of Froedtert Health, Inc., enhancing the delivery of healthcare services and fostering medical research initiatives. By focusing on health care exempt activities, Qhs 1 Inc contributes to the advancement of medical practices and research, ultimately improving patient care and health outcomes in Milwaukee and the surrounding areas. Its activities ensure that resources are allocated efficiently, enabling the healthcare system to respond effectively to community needs and challenges.




This information is meant to be a general summary of Qhs 1 Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$614,474 (2022)
Expenses
$1,192 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $50
  • Program Service Revenue: $614,424
  • Gross Receipts: $614,474

Assets and Liabilities:

  • Total Assets: -$164,724
  • Total Liabilities: $58,001
  • Net Assets: -$222,725

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MFASC K-1 Income

Revenue

$8,065

WDL K-1 Income

Revenue

$606,359

Organization Details

Founding Year

2005

Principal Officer

Catherine A Jacobson

Main Address

9200 W Wisconsin Ave, Milwaukee, WI, 53226

NTEE Category

Code: H11 - Medical research

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