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Ascension Wisconsin Laboratories Inc

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

EIN: 391701402 ✦ St louis, MO ✦ Designated as a 501(c)(3)

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Overview

What is Ascension Wisconsin Laboratories Inc?

Ascension Wisconsin Laboratories, Inc. is a nonprofit organization that plays a crucial role in supporting clinical operations of all other Wheaton Franciscan healthcare facilities by conducting essential laboratory tests. Located in St. Louis, Missouri, the organization offers a range of services such as routine lab tests, cell analysis, blood and tissue analysis, and transfusion services. These services, credentialed by the American Association of Blood Banks, result in cost-effective, high-quality diagnostic laboratory services provided by registered professionals. Rooted in the loving ministry of Jesus as a healer, Ascension Wisconsin Laboratories is committed to serving all persons, especially those who are poor and vulnerable. The organization's mission aligns with the Catholic health ministry, dedicated to spiritually-centered, holistic care that sustains and improves the health of individuals and communities. During the COVID-19 global pandemic, the organization continued to serve in support of Ascension's commitment to both patient care and the well-being of caregivers and associates.

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 79%, Three-Star out of Four Star rating.

Ascension Wisconsin Laboratories Inc has received a commendable Three-Star rating, reflecting a solid performance in accountability and finance. The charity's score is based entirely on its accountability metrics, showcasing its commitment to responsible financial management and transparency. With a score of 79 in this area, it demonstrates effective oversight, with no reported material diversions of assets and a robust conflict of interest policy.

The organization excels in financial practices, highlighted by a high program expense ratio of 91.97%, indicating that a significant portion of its funds is directed towards its charitable programs. Additionally, it has received full marks in several governance policies, including whistleblower and document retention policies, which further emphasize its commitment to ethical standards and accountability.

While the overall score is strong, the reliance on a single beacon score means that future assessments could benefit from a broader range of performance metrics. Nonetheless, Ascension Wisconsin Laboratories Inc is positioned as a trustworthy nonprofit focused on effective and transparent financial management.


This AI summary has been generated from information found on Charity Navigator.

Is Ascension Wisconsin Laboratories Inc legitimate?

Ascension Wisconsin Laboratories Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ascension Wisconsin Laboratories 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 Ascension Wisconsin Laboratories Inc?

Ascension Wisconsin Laboratories Inc is rooted in the loving ministry of Jesus as a healer, committing to serving all individuals with special attention to those who are poor and vulnerable. Their Catholic health ministry is dedicated to spiritually-centered, holistic care that sustains and improves the health of individuals and communities. They advocate for a compassionate and just society through their actions and words. Their mission is to enhance the health and well-being of all people they serve.

Who is the CEO of Ascension Wisconsin Laboratories Inc?

Unavailable The CEO's salary of Ascension Wisconsin Laboratories Inc is $0 and their total compensation is $2,428,360.

What is the revenue of Ascension Wisconsin Laboratories Inc?

Ascension Wisconsin Laboratories Inc's revenue in 2022 was $28,388,012.

Who are the executives of Ascension Wisconsin Laboratories Inc and what are their salaries?


Here are 6 key members and their salaries (Ascension Wisconsin Laboratories Inc's CEO's salary is $0 and their total compensation is $2,428,360):


Bernard J Sherry (Secretary/Ceo, Ministry Market)
  • Compensation: $0
  • Related: $2,373,947
  • Other: $54,413
Jonathan Sohn (Treasurer/Cfo, Ministry Market (End 9/2021))
  • Compensation: $0
  • Related: $976,742
  • Other: $48,278
Matthew Tyler Hanselman (Treasurer/Cfo, Ministry Market (Start 9/2021))
  • Compensation: $0
  • Related: $384,883
  • Other: $39,296
Vanessa L Freitag (President)
  • Compensation: $0
  • Related: $346,946
  • Other: $47,028
Todd A Conklin (Former Officer (End 2/2020))
  • Compensation: $0
  • Related: $332,500
  • Other: $0
Tracy Ann Rogers (Former Officer (End 6/2019))
  • Compensation: $0
  • Related: $386,971
  • Other: $0
Where can I find the form 990 for Ascension Wisconsin Laboratories Inc?

Ascension Wisconsin Laboratories Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Ascension Wisconsin Laboratories Inc

Ascension Wisconsin Laboratories Inc, rooted in the loving ministry of Jesus as Healer, is dedicated to serving all persons with special attention to those who are poor and vulnerable. This nonprofit organization is committed to improving the health and well-being of individuals and communities through compassionate and holistic care.

In line with its spiritual mission, Ascension Wisconsin Laboratories Inc strives to provide care that is centered on the needs of the whole person. It goes beyond just treating illnesses, focusing instead on sustaining and enhancing the health of those it serves. The organization's unwavering dedication to this cause extends beyond its doors, making it an advocate for a compassionate and just society.

As a Catholic health ministry, Ascension Wisconsin Laboratories Inc upholds the values of love, compassion, and service to those in need. It serves as a beacon of hope for those who are marginalized and overlooked, providing them with access to quality healthcare that nurtures their physical, mental, and spiritual well-being. By prioritizing the needs of the most vulnerable, this organization sets itself apart as a compassionate and caring force in the community.

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Impact




October, 2024

Ascension Wisconsin Laboratories Inc. plays a crucial role in enhancing public health and well-being in the communities it serves. By providing a broad spectrum of laboratory testing services—including routine blood and urine tests, as well as complex cell, blood, and tissue analyses—the organization ensures accurate and timely diagnostic support for both inpatient and outpatient healthcare operations. This commitment translates into high-quality, cost-effective laboratory services, which are instrumental in guiding clinical decisions and improving patient outcomes.

The laboratory's operations are bolstered by a team of highly qualified professionals, including registered medical technologists and certified phlebotomists, who maintain stringent standards of care. This commitment to excellence is further reinforced by alignment with credentialing from recognized organizations like the American Association of Blood Banks.

During the COVID-19 pandemic, Ascension Wisconsin Laboratories played a pivotal role in supporting healthcare providers and the wider community, reflecting a dedication to holistic and compassionate care. By prioritizing the needs of the most vulnerable populations, the organization demonstrates its mission to serve all individuals, advocating for a just and equitable health system.




This information is meant to be a general summary of Ascension Wisconsin Laboratories 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
$28,388,012 (2022)
Expenses
$29,546,335 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $28,387,988
  • Gross Receipts: $28,388,012

Assets and Liabilities:

  • Total Assets: $6,127,601
  • Total Liabilities: $5,252,259
  • Net Assets: $875,342

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Programs

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

AFFILIATE REFERRAL TEST REVENUE

Revenue

$20,257,844

NET PATIENT SERVICE REVENUE

Revenue

$7,310,510

SERVICES TO AFFILIATES

Revenue

$819,634

Organization Details

Founding Year

1991

Main Address

C/O TAX DEPARTMENT PO BOX 45998, ST LOUIS, MO, 631455998

NTEE Category

Code: E60 - Health

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