Overview
What is Froedtert South Inc?
Froedtert South Inc is a comprehensive regional healthcare system based in Southeastern Wisconsin and Northern Illinois, operating primarily through Froedtert Kenosha Hospital and Froedtert Pleasant Prairie Hospital, as well as several clinic locations. Established over a century ago, it is dedicated to promoting dignity and well-being for the people it serves, rooted in the healing ministries of the Judeo-Christian faiths. The organization employs a large workforce of over 2,600 individuals, providing exceptional and compassionate healthcare services. Froedtert South strives to improve community health by offering various programs, including free or underfunded community health improvement services and community building activities. In 2021, it contributed $42.6 million to the community in total. Charity care, unreimbursed costs of public programs, and financial contributions amounted to a significant portion of these benefits.
Official website here: www.froedtertsouth.com
What are the reviews and ratings of this charity?
Charity Navigator Rating 96% - Four-Star out of Four Star rating
Froedtert South Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization scored 96% in this category, indicating a high level of transparency and effective management of its resources. The rating highlights that the overall score is based solely on the Accountability & Finance beacon, which signifies that the organization is excelling in these crucial areas.
The nonprofit boasts a majority of independent board members, with 61% of its board being independent, contributing to sound governance practices. Furthermore, it has received full marks in various aspects such as its audit and oversight committee, conflict of interest policy, and whistleblower policy. These features reinforce its commitment to ethical standards and operational integrity.
In terms of financial health, Froedtert South Inc maintains a solid program expense ratio of 85.05%, indicating that a significant portion of its expenses is directed towards its mission-related activities. The organization's low liabilities to assets ratio of 9.75% further reflects its fiscal prudence. Overall, the data points to a well-managed nonprofit with a strong emphasis on accountability and financial responsibility.
This AI summary has been generated from information found on Charity Navigator.
Is Froedtert South Inc legitimate?
Froedtert South Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Froedtert South 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: $5,306,664
Professional Fundraising Fees: $0
Other Salaries and Wages: $145,280,855
For more financial information, click here
Official website here: www.froedtertsouth.com
What is the mission statement of Froedtert South Inc?
Froedtert South Inc is dedicated to living out the healing ministries of the Judeo-Christian faiths by delivering exceptional and compassionate healthcare services that uphold the dignity and well-being of the people they serve. Their mission is to provide superior care, recruit and retain top medical professionals, and invest in the best diagnostic and curative medical equipment. Froedtert South Inc strives for accessibility, treating all community members with emergent and urgent healthcare needs regardless of their ability to pay. Their commitment to quality, accessibility, and affordability is fundamental to their approach to delivering healthcare.
Official website here: www.froedtertsouth.com
Who is the CEO of Froedtert South Inc?
Thomas J Kelley is the President/Ceo/Director of Froedtert South Inc. The CEO's salary of Froedtert South Inc is $1,550,126 and their total compensation is $1,686,796.
Official website here: www.froedtertsouth.com
What is the revenue of Froedtert South Inc?
Froedtert South Inc's revenue in 2022 was $384,453,377.
Official website here: www.froedtertsouth.com
Who are the executives of Froedtert South Inc and what are their salaries?
The average compensation at Froedtert South Inc during 2022 was $57,852. There are 2603 employees and 15 volunteers at Froedtert South Inc.
Here are 23 key members and their salaries (Froedtert South Inc's CEO's salary is $1,550,126 and their total compensation is $1,686,796):
- Compensation: $1,550,126
- Related: $0
- Other: $136,670
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $340,365
- Related: $0
- Other: $51,062
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $767,708
- Related: $0
- Other: $37,309
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $655,166
- Related: $0
- Other: $73,591
- Compensation: $1,152,421
- Related: $0
- Other: $49,009
- Compensation: $684,119
- Related: $0
- Other: $55,000
- Compensation: $772,037
- Related: $0
- Other: $39,187
- Compensation: $799,588
- Related: $0
- Other: $29,994
- Compensation: $905,831
- Related: $0
- Other: $12,250
- Compensation: $1,584,150
- Related: $0
- Other: $53,840
- Compensation: $2,143,023
- Related: $0
- Other: $264
Official website here: www.froedtertsouth.com
Where can I find the form 990 for Froedtert South Inc?
Froedtert South Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.froedtertsouth.com
Learn more at the official website: www.froedtertsouth.com
Mission Statement of Froedtert South Inc
Froedtert South, Inc. is a comprehensive regional healthcare system with a rich history of serving communities in Southeastern Wisconsin and Northern Illinois for over a century. Committed to upholding the healing ministries of the Judeo-Christian faiths, this organization strives to provide exceptional and compassionate healthcare services that prioritize the dignity and well-being of those it serves.
At the heart of Froedtert South, Inc.'s mission lies its unwavering dedication to recruiting and retaining top-tier medical professionals and staff, as well as investing in the best diagnostic and curative medical equipment. The organization's financial resources are used prudently to ensure the delivery of high-quality healthcare services to all members of its community, regardless of their ability to pay.
Froedtert South, Inc. is deeply rooted in its commitment to accessibility. It aims to be accessible to all members of its community in their times of emergent and urgent healthcare needs, irrespective of their financial capabilities. This commitment to quality, accessibility, and affordability is a fundamental aspect of the organization's mission and the reason it exists to serve.
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Impact
October, 2024
Froedtert South Inc significantly enhances the healthcare landscape of southeastern Wisconsin and northern Illinois by providing comprehensive and compassionate medical services for over a century. Operating through Froedtert Kenosha Hospital and Froedtert Pleasant Prairie Hospital, it delivers essential inpatient, outpatient, and emergency care, ensuring that community members have access to critical health services regardless of their financial situation.
In 2021, Froedtert South provided substantial charity care amounting to approximately $3.7 million, offering financial assistance through free or discounted health services to those unable to pay. Additionally, the organization faced unreimbursed costs of nearly $38.2 million related to Medicaid and other public programs. These contributions underscore Froedtert South's commitment to serving vulnerable populations and addressing health disparities in the community.
Froedtert South also invests in community health improvement services, with an expenditure of around $491,595 on programs designed to enhance the overall health of local residents. Their initiatives extend beyond direct healthcare services to tackle root causes of health issues, including poverty and homelessness, reflected in the $196,778 spent on community-building activities.
Furthermore, the organization is committed to health professions education, spending over $7,000 on training for future healthcare professionals, thus contributing to the sustainable development of the healthcare workforce.
Overall, Froedtert South's impact in 2021 amounted to a total community benefit of approximately $42.6 million, showcasing its dedication to improving the dignity and well-being of the individuals it serves and reinforcing its vital role within the healthcare ecosystem.
This information is meant to be a general summary of Froedtert South 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: $7,108,900
- Program Service Revenue: $377,283,821
- Gross Receipts: $483,807,155
Assets and Liabilities:
- Total Assets: $573,917,725
- Total Liabilities: $55,119,119
- Net Assets: $518,798,606
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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
$372,562,392
OTHER OPERATING REVENUE
Revenue
$4,526,429
MEDICAL OFFICE RENTAL
Revenue
$195,000
Organization Details
Founding Year
1910
Phone
(262) 577-8113Principal Officer
Thomas J Kelley
Main Address
6308 8TH AVENUE, KENOSHA, WI, 531435082
Website
www.froedtertsouth.comNTEE Category
Code: E220 - Health
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