Overview
What is Froedtert Health Inc?
Froedtert Health Inc, based in Milwaukee, Wisconsin, is a nonprofit organization that supports various healthcare entities, including Froedtert Memorial Lutheran Hospital, Community Memorial Hospital of Menomonee Falls, St. Joseph's Community Hospital of West Bend, Froedtert Health Neighborhood Hospital, Froedtert Health Pharmacy Solutions, Froedtert Health Home Infusion, Vertu Rx, Froedtert Health Pharmacy, and Froedtert & The Medical College of Wisconsin Community Physicians. With a workforce of over 14,000 employees, Froedtert Health, Inc. is dedicated to advancing the health of the diverse communities they serve through exceptional care enriched by innovation and discovery. Their mission encompasses hospitals, pharmacy solutions, home infusion services, and community physicians, all working together to enhance the well-being of their patients.
Official website here: www.froedtert.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)
Froedtert Health Inc has achieved an impressive 96% score from Charity Navigator, reflecting its strong performance in accountability and finance. The organization demonstrates a high level of transparency and governance, as indicated by its perfect scores in areas like material diversion of assets and conflict of interest policies. The majority of its board members are independent, which further enhances its credibility and accountability.
The financial health of Froedtert Health Inc is also commendable, with a program expense ratio of 94.75%, suggesting that a significant portion of its funds is directed towards its programs rather than administrative costs. Additionally, the organization's liabilities to assets ratio of 40.01% indicates a solid financial position, allowing it to manage debts effectively while maintaining operational stability.
While the ratings and feedback highlight several strengths, there is no specific mention of programmatic impact or user feedback that could provide insights into the effectiveness of its services. Overall, the organization is well-regarded for its financial practices, but potential donors may seek more information about its direct impact on the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Froedtert Health Inc legitimate?
Froedtert Health Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Froedtert Health 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: $17,740,745
Professional Fundraising Fees: $0
Other Salaries and Wages: $197,772,272
For more financial information, click here
Official website here: www.froedtert.com
What is the mission statement of Froedtert Health Inc?
Froedtert Health Inc is dedicated to enhancing the health of diverse communities through exceptional care and innovation. They strive to serve the public by delivering high-quality healthcare services, supported by ongoing discovery and advancements in medical science. The organization manages various healthcare entities, including hospitals, pharmacy solutions, and community physician practices, to ensure comprehensive care for individuals. Froedtert Health Inc aims to improve the wellbeing of the people it serves, making a significant difference in their lives. By combining expertise and cutting-edge technology, the organization is committed to providing outstanding care that promotes improved health outcomes.
Official website here: www.froedtert.com
Who is the CEO of Froedtert Health Inc?
Catharine A Jacobson is the Principal Officer of Froedtert Health Inc. The CEO's salary of Froedtert Health Inc is $3,449,724 and their total compensation is $3,868,583.
Official website here: www.froedtert.com
What is the revenue of Froedtert Health Inc?
Froedtert Health Inc's revenue in 2022 was $955,789,526.
Official website here: www.froedtert.com
Who are the executives of Froedtert Health Inc and what are their salaries?
The average compensation at Froedtert Health Inc during 2022 was $14,643. There are 14718 employees and 17 volunteers at Froedtert Health Inc.
Here are 35 key members and their salaries (Froedtert Health Inc's CEO's salary is $3,449,724 and their total compensation is $3,868,583):
- Compensation: $3,449,724
- Related: $0
- Other: $418,859
- Compensation: $1,424,699
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- Other: $200,708
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- Compensation: $1,769,083
- Related: $0
- Other: $229,005
- Compensation: $1,071,872
- Related: $0
- Other: $165,877
- Compensation: $1,129,401
- Related: $0
- Other: $156,333
- Compensation: $1,040,593
- Related: $0
- Other: $178,101
- Compensation: $1,014,073
- Related: $0
- Other: $159,822
- Compensation: $815,669
- Related: $0
- Other: $153,360
- Compensation: $741,315
- Related: $0
- Other: $138,283
- Compensation: $755,254
- Related: $0
- Other: $120,025
- Compensation: $688,224
- Related: $0
- Other: $132,904
- Compensation: $2,161,032
- Related: $0
- Other: $149,094
- Compensation: $1,157,813
- Related: $0
- Other: $169,723
- Compensation: $992,765
- Related: $0
- Other: $107,365
- Compensation: $856,067
- Related: $0
- Other: $150,845
- Compensation: $794,630
- Related: $0
- Other: $22,804
- Compensation: $440,609
- Related: $0
- Other: $31,246
- Compensation: $165,927
- Related: $0
- Other: $4,132
Official website here: www.froedtert.com
Where can I find the form 990 for Froedtert Health Inc?
Froedtert Health Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.froedtert.com
Learn more at the official website: www.froedtert.com
Mission Statement of Froedtert Health Inc
Froedtert Health Inc, a leading healthcare organization, is dedicated to promoting the health and wellbeing of the diverse communities it serves. Through exceptional care, the organization enhances the lives of individuals by integrating innovation and discovery. Froedtert Health's mission is twofold: advancing the health of the population and delivering top-notch care.
Leveraging the power of innovation and discovery, Froedtert Health Inc goes beyond offering basic healthcare services. It manages various subsidiaries, including Froedtert Memorial Lutheran Hospital, Community Memorial Hospital of Menomonee Falls, St. Joseph's Community Hospital of West Bend, Froedtert Health Neighborhood Hospital, Froedtert Health Pharmacy Solutions, Froedtert Health Home Infusion, Vertu Rx, Froedtert Health Pharmacy, and Froedtert & The Medical College of Wisconsin Community Physicians. These entities work together to provide comprehensive healthcare solutions for the communities, tailoring their offerings to address the unique needs of each population.
The organization's commitment to excellence extends beyond its service offerings. Froedtert Health Inc is at the forefront of healthcare management, constantly striving to improve the quality and accessibility of care. It employs a team of dedicated professionals who are passionate about making a difference in people's lives. By focusing on innovation and discovery, Froedtert Health Inc sets itself apart, ensuring the communities it serves receive the best possible care.
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Impact
October, 2024
Froedtert Health Inc. significantly impacts the health and well-being of diverse communities in Wisconsin through exceptional healthcare services, innovative practices, and a commitment to discovery. By managing facilities such as Froedtert Memorial Lutheran Hospital, Community Memorial Hospital of Menomonee Falls, and St. Joseph's Community Hospital of West Bend, Froedtert Health provides comprehensive care across various medical specialties.
The organization enhances healthcare access through neighborhood hospitals, pharmacies, and home infusion services, ensuring that care is both accessible and tailored to the needs of the community. With a focus on collaboration with the Medical College of Wisconsin, Froedtert Health fosters an environment where research and clinical practice intersect, leading to advancements that improve patient outcomes.
Overall, Froedtert Health plays a crucial role in promoting public health, supporting medical education, and driving healthcare innovation, all while serving the unique needs of the communities it supports.
This information is meant to be a general summary of Froedtert Health 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: $107,572,641
- Program Service Revenue: $828,107,584
- Gross Receipts: $2,122,115,841
Assets and Liabilities:
- Total Assets: $3,249,193,885
- Total Liabilities: $1,384,576,929
- Net Assets: $1,864,616,956
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER MANAGEMENT SUPPORT
Revenue
$308,017,928
HUMAN RESOURCES SUPPORT
Revenue
$237,726,334
OUTPATIENT REVENUE
Revenue
$129,760,642
INFO TECH SUPPORT
Revenue
$94,651,893
EMERGENCY DEPT REVENUE
Revenue
$55,399,393
Organization Details
Founding Year
2001
Phone
(414) 805-3000Principal Officer
Catharine A Jacobson
Main Address
9200 W WISCONSIN AVENUE, MILWAUKEE, WI, 53226
Website
www.froedtert.comNTEE Category
Code: E21 - Health
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