Overview
What is Marshfield Clinic Health System Inc?
Marshfield Clinic Health System Inc, a tax-exempt organization founded in 2012, is a Wisconsin-based healthcare system that reorganized Marshfield Clinic and its affiliated entities into an integrated healthcare system. With a workforce of over 12,000 employees, the organization enriches lives by creating healthy communities through accessible, affordable, and compassionate healthcare services. As a standalone entity, Marshfield Clinic Health System Inc houses certain administrative functions to support the system as a whole. Incorporated in Marshfield, Wisconsin, the organization was granted tax-exempt status by the Internal Revenue Service in 2014.
Official website here: www.marshfieldclinic.org/health-system
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 88% (Three-Star out of Four Star rating)
Marshfield Clinic Health System Inc has received an 88% score, indicating strong performance in the Accountability & Finance category. This score is derived from various factors that emphasize the organization's commitment to transparency and responsible financial practices. The organization has maintained an effective audit and oversight committee, and its financial statements reflect a sound structure regarding liabilities and assets.
One of the notable strengths is the organization’s adherence to best practices in governance, evidenced by its policies on conflicts of interest, whistleblower protections, and document retention. However, it does lack a majority of independent board members, which may raise some questions about governance independence. Despite this limitation, the board size is appropriately managed, contributing to the overall stability of the organization.
The organization showcases a solid program expense ratio, indicating that a significant portion of its resources is directed towards its mission-related activities. Overall, while there are areas for improvement, particularly in board independence, Marshfield Clinic Health System Inc demonstrates a reliable commitment to accountability and effective financial management.
This AI summary has been generated from information found on Charity Navigator.
Is Marshfield Clinic Health System Inc legitimate?
Marshfield Clinic Health System Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marshfield Clinic Health System 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: $6,888,715
Professional Fundraising Fees: $0
Other Salaries and Wages: $110,185,230
For more financial information, click here
Official website here: www.marshfieldclinic.org/health-system
What is the mission statement of Marshfield Clinic Health System Inc?
Marshfield Clinic Health System Inc enriches lives by creating healthy communities through accessible, affordable, and compassionate healthcare. This non-profit organization, recognized as tax-exempt under IRS Section 501(c)(3) in 2014, houses administrative functions that support the system as a whole. Its mission is centered around providing healthcare services that cater to the needs of the public, ensuring affordability, and demonstrating compassion towards its clients. By offering accessible healthcare, Marshfield Clinic Health System Inc strives to contribute to the overall well-being of communities and enhance the quality of life for individuals.
Official website here: www.marshfieldclinic.org/health-system
Who is the CEO of Marshfield Clinic Health System Inc?
Susan Turney Md is the Mchs Ceo of Marshfield Clinic Health System Inc. The CEO's salary of Marshfield Clinic Health System Inc is $457,822 and their total compensation is $509,916.
Official website here: www.marshfieldclinic.org/health-system
What is the revenue of Marshfield Clinic Health System Inc?
Marshfield Clinic Health System Inc's revenue in 2022 was $320,838,533.
Official website here: www.marshfieldclinic.org/health-system
Who are the executives of Marshfield Clinic Health System Inc and what are their salaries?
The average compensation at Marshfield Clinic Health System Inc during 2022 was $9,388. There are 12470 employees at Marshfield Clinic Health System Inc.
Here are 39 key members and their salaries (Marshfield Clinic Health System Inc's CEO's salary is $457,822 and their total compensation is $509,916):
- Compensation: $26,500
- Related: $0
- Other: $0
- Compensation: $9,500
- Related: $0
- Other: $0
- Compensation: $8,500
- Related: $0
- Other: $0
- Compensation: $0
- Related: $271,028
- Other: $20,900
- Compensation: $0
- Related: $521,898
- Other: $54,965
- Compensation: $7,500
- Related: $0
- Other: $0
- Compensation: $0
- Related: $566,806
- Other: $55,734
- Compensation: $0
- Related: $795,727
- Other: $55,017
- Compensation: $0
- Related: $342,369
- Other: $64,355
- Compensation: $7,500
- Related: $0
- Other: $0
- Compensation: $0
- Related: $692,716
- Other: $54,032
- Compensation: $0
- Related: $724,963
- Other: $66,855
- Compensation: $0
- Related: $633,747
- Other: $65,255
- Compensation: $0
- Related: $314,405
- Other: $52,986
- Compensation: $0
- Related: $410,104
- Other: $52,082
- Compensation: $0
- Related: $383,582
- Other: $59,566
- Compensation: $0
- Related: $749,411
- Other: $64,971
- Compensation: $1,500
- Related: $0
- Other: $0
- Compensation: $3,500
- Related: $0
- Other: $0
- Compensation: $82,694
- Related: $0
- Other: $0
- Compensation: $21,000
- Related: $0
- Other: $0
- Compensation: $2,500
- Related: $0
- Other: $0
- Compensation: $4,500
- Related: $0
- Other: $0
- Compensation: $10,000
- Related: $0
- Other: $0
- Compensation: $8,500
- Related: $0
- Other: $0
- Compensation: $12,500
- Related: $0
- Other: $0
- Compensation: $0
- Related: $813,755
- Other: $52,649
- Compensation: $4,500
- Related: $0
- Other: $0
- Compensation: $0
- Related: $717,420
- Other: $55,298
- Compensation: $370,779
- Related: $0
- Other: $16,874
- Compensation: $829,645
- Related: $0
- Other: $31,752
- Compensation: $3,048,492
- Related: $0
- Other: $315,344
- Compensation: $457,822
- Related: $0
- Other: $52,094
- Compensation: $1,058,880
- Related: $0
- Other: $65,255
- Compensation: $829,413
- Related: $0
- Other: $57,055
- Compensation: $374,720
- Related: $0
- Other: $40,293
- Compensation: $437,982
- Related: $0
- Other: $14,383
- Compensation: $526,416
- Related: $0
- Other: $0
- Compensation: $101,328
- Related: $0
- Other: $5,903
Official website here: www.marshfieldclinic.org/health-system
Where can I find the form 990 for Marshfield Clinic Health System Inc?
Marshfield Clinic Health System Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.marshfieldclinic.org/health-system
Learn more at the official website: www.marshfieldclinic.org/health-system
Mission Statement of Marshfield Clinic Health System Inc
Marshfield Clinic Health System Inc is dedicated to enriching lives and building healthy communities through accessible, affordable, and compassionate healthcare. This mission-driven organization, incorporated in 2012, was reorganized into an integrated healthcare system and recognized as a tax-exempt entity under IRS section 501(c)(3) in 2014. Marshfield Clinic Health System Inc plays a crucial role within its healthcare system by managing certain administrative functions that support the organization as a whole.
In their pursuit to create healthy communities, Marshfield Clinic Health System Inc provides healthcare services that are accessible and affordable to all. Their team of healthcare professionals works tirelessly to ensure that each individual they serve receives the care they need, no matter their circumstances. Compassion is at the heart of their mission, as they prioritize the emotional wellbeing of their patients, understanding that a kind and empathetic approach is essential to the healing process. Whether it's through inpatient or outpatient care, Marshfield Clinic Health System Inc strives to make a difference in the lives of the people they serve, fostering an environment where health and happiness thrive.
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Impact
October, 2024
Marshfield Clinic Health System Inc. plays a vital role in enhancing the quality of life within its communities by providing accessible, affordable, and compassionate healthcare services. Founded in 2012, MCHS operates as an integrated healthcare system, streamlining administrative functions to ensure efficient operations that support comprehensive patient care.
The organization's mission is centered on enriching lives and promoting health, which it accomplishes through a range of services aimed at fostering healthy communities. By prioritizing accessibility, MCHS ensures that individuals receive the necessary medical attention without financial burden, making healthcare more reachable to various populations.
Additionally, the commitment to compassion in care underscores the importance of patient-centered practices, fostering trust and comfort for those seeking medical assistance. Through its integrated approach, Marshfield Clinic Health System not only addresses immediate health needs but also contributes to the overall well-being and resilience of the communities it serves in Wisconsin.
This information is meant to be a general summary of Marshfield Clinic Health System 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: $11,502,399
- Program Service Revenue: $308,882,788
- Gross Receipts: $391,486,554
Assets and Liabilities:
- Total Assets: $606,221,680
- Total Liabilities: $2,017,575,324
- Net Assets: -$1,411,353,644
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTERCOMPANY REVENUE
Revenue
$305,669,338
CONTRACT REVENUE
Revenue
$3,213,450
Organization Details
Founding Year
2012
Phone
(715) 387-5511Principal Officer
Susan Turney Md
Main Address
1000 N OAK AVENUE, MARSHFIELD, WI, 54449
NTEE Category
Code: E11 - Health
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