Overview
What is Marshfield Clinic Inc?
Marshfield Clinic Inc, established in 1916, is a nonprofit medical practice based in Marshfield, Wisconsin. With a team of 1381 dedicated professionals, they provide healthcare, healthcare education, medical research, and community service. Marshfield Clinic Research Institute, a division of Marshfield Clinic, focuses on medical and scientific research, public health promotion, and community service. Their mission enriches lives by creating healthy communities through accessible, affordable, and compassionate healthcare.
Official website here: www.marshfieldclinic.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 66% (Two-Star out of Four Star rating)
Marshfield Clinic Inc has received a Two-Star rating from Charity Navigator, reflecting challenges in meeting accountability and financial standards. The rating is derived entirely from its performance in the Accountability & Finance beacon, indicating that while some financial oversight is present, there are significant areas needing improvement, particularly regarding board independence.
The organization shows strengths in areas such as having a solid audit and oversight committee, and it maintains policies regarding conflicts of interest, whistleblowers, and document retention. However, the lack of independent board members is a significant concern, as it raises questions about governance and decision-making.
Additionally, while the organization has a high program expense ratio, indicating effective use of funds for its mission, it struggles with transparency, evidenced by missing tax form documents on its website. This gap highlights areas where Marshfield Clinic Inc could enhance its accountability to stakeholders and the public.
This AI summary has been generated from information found on Charity Navigator.
Is Marshfield Clinic Inc legitimate?
Marshfield Clinic Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marshfield Clinic 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: $6,871,921
Professional Fundraising Fees: $0
Other Salaries and Wages: $364,743,201
For more financial information, click here
Official website here: www.marshfieldclinic.org
What is the mission statement of Marshfield Clinic Inc?
Marshfield Clinic Inc is dedicated to enriching lives by creating healthy communities through accessible, affordable, and compassionate healthcare. Established in 1916, this not-for-profit group medical practice focuses on providing healthcare, healthcare education, medical research, and community service. Marshfield Clinic Research Institute, a division of Marshfield Clinic, is involved in scientific research, public health promotion, medical education, and community service. The organization's mission is to enhance the wellbeing of individuals by making healthcare accessible and affordable, ensuring compassionate care for all.
Official website here: www.marshfieldclinic.org
Who is the CEO of Marshfield Clinic Inc?
Alpa Shah Md is the Chair of Marshfield Clinic Inc. The CEO's salary of Marshfield Clinic Inc is $0 and their total compensation is $3,363,836.
Official website here: www.marshfieldclinic.org
What is the revenue of Marshfield Clinic Inc?
Marshfield Clinic Inc's revenue in 2022 was $670,043,868.
Official website here: www.marshfieldclinic.org
Who are the executives of Marshfield Clinic Inc and what are their salaries?
The average compensation at Marshfield Clinic Inc during 2022 was $269,091. There are 1381 employees and 400 volunteers at Marshfield Clinic Inc.
Here are 25 key members and their salaries (Marshfield Clinic Inc's CEO's salary is $0 and their total compensation is $3,363,836):
- Compensation: $271,028
- Related: $0
- Other: $20,900
- Compensation: $521,898
- Related: $0
- Other: $54,965
- Compensation: $342,369
- Related: $0
- Other: $64,355
- Compensation: $633,747
- Related: $0
- Other: $65,255
- Compensation: $717,420
- Related: $0
- Other: $55,298
- Compensation: $314,405
- Related: $0
- Other: $52,986
- Compensation: $566,806
- Related: $0
- Other: $55,734
- Compensation: $692,716
- Related: $0
- Other: $54,032
- Compensation: $724,963
- Related: $0
- Other: $66,855
- Compensation: $749,411
- Related: $0
- Other: $64,971
- Compensation: $795,727
- Related: $0
- Other: $55,017
- Compensation: $410,104
- Related: $0
- Other: $52,082
- Compensation: $813,755
- Related: $0
- Other: $52,649
- Compensation: $383,582
- Related: $0
- Other: $59,566
- Compensation: $0
- Related: $829,645
- Other: $31,752
- Compensation: $0
- Related: $3,048,492
- Other: $315,344
- Compensation: $0
- Related: $1,058,880
- Other: $65,255
- Compensation: $0
- Related: $829,413
- Other: $57,055
- Compensation: $0
- Related: $370,779
- Other: $16,874
- Compensation: $2,102,640
- Related: $0
- Other: $25,236
- Compensation: $1,286,690
- Related: $0
- Other: $61,782
- Compensation: $1,310,856
- Related: $0
- Other: $52,554
- Compensation: $1,227,630
- Related: $0
- Other: $55,739
- Compensation: $1,323,662
- Related: $0
- Other: $55,739
- Compensation: $0
- Related: $101,328
- Other: $5,903
Official website here: www.marshfieldclinic.org
Where can I find the form 990 for Marshfield Clinic Inc?
Marshfield Clinic Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.marshfieldclinic.org
Learn more at the official website: www.marshfieldclinic.org
Mission Statement of Marshfield Clinic Inc
Marshfield Clinic Inc, founded in 1916, is a not-for-profit healthcare organization dedicated to enriching lives and creating healthy communities through accessible, affordable, compassionate healthcare. The mission of this esteemed institution is clear: it strives to provide comprehensive healthcare services, medical education, scientific research, and community engagement that foster health and wellbeing.
Marshfield Clinic's unwavering commitment to healthcare extends beyond clinical services. It is also deeply involved in medical research and public health initiatives, which not only advance medical knowledge but also contribute to the overall improvement of health within communities. The Marshfield Clinic Research Institute, a division of Marshfield Clinic, plays a pivotal role in these efforts by engaging in groundbreaking research and promoting community service. Through its work, Marshfield Clinic aims to make a significant impact on the lives of individuals and families, ultimately contributing to a healthier population.
In summary, Marshfield Clinic Inc is a visionary organization that enriches lives and fosters healthy communities by delivering accessible, affordable, compassionate healthcare, investing in medical research, and providing educational opportunities and community services. Its unwavering dedication to these pursuits has positioned it as a trusted partner in the health and wellbeing of the individuals it serves.
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Impact
October, 2024
Marshfield Clinic Inc plays a vital role in enhancing the well-being of communities through its commitment to accessible, affordable, and compassionate healthcare. Founded in 1916, the organization has established itself as a cornerstone of health services in the region, focusing not only on patient care but also on health education and community service.
Through the Marshfield Clinic Research Institute, it engages in significant medical and scientific research that informs public health initiatives and medical education. This dual focus on direct healthcare delivery and research enhances the quality of care provided, fostering healthier communities across the region. By prioritizing accessibility and affordability, Marshfield Clinic Inc ensures that a wide range of individuals receive the health services they need, ultimately contributing to improved health outcomes and enriching the lives of those it serves.
This information is meant to be a general summary of Marshfield Clinic 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $15,485,433
- Program Service Revenue: $597,264,485
- Gross Receipts: $723,363,350
Assets and Liabilities:
- Total Assets: $840,083,001
- Total Liabilities: $713,294,782
- Net Assets: $126,788,219
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET PATIENT SERVICE REVENUE
Revenue
$349,936,244
INTERCOMPANY REVENUE
Revenue
$244,661,632
MISC OTHER OPERATING REVENUE
Revenue
$2,666,609
Organization Details
Founding Year
1916
Phone
(715) 387-5511Principal Officer
Alpa Shah Md
Main Address
1000 N OAK AVENUE, MARSHFIELD, WI, 54449
Website
www.marshfieldclinic.orgNTEE Category
Code: E300 - Health
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