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Milwaukee Regional Medical Center Thermal Service Inc

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

EIN: 463768736 ✦ Milwaukee, WI ✦ Designated as a 501(c)(3)

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Overview

What is Milwaukee Regional Medical Center Thermal Service Inc?

Milwaukee Regional Medical Center Thermal Service Inc is a nonprofit organization responsible for providing steam and chilled water to the members of Milwaukee Regional Medical Center (MRMC). Established in April 2016, this company has been delivering essential heating and cooling services to MRMC for several years. The organization's mission focuses on ensuring that MRMC has a consistent water supply for its thermal needs.


Official website here: www.mrmccampus.org

What are the reviews and ratings of this charity?

Charity Navigator rating: 56%, One-Star out of Four Star rating.

Milwaukee Regional Medical Center Thermal Service Inc has received a low rating of 56%, indicating potential concerns in areas related to financial accountability and transparency. The organization appears to have strong governance practices, with an independent board and established policies for conflict of interest and whistleblower protection. However, the significant liabilities to assets ratio raises red flags about its financial health.

In terms of operational strengths, the organization demonstrates good practices in documentation and oversight, as evidenced by the high scores for its audit committee and board meeting minutes. Nevertheless, the absence of its tax form on the nonprofit's website is a notable limitation, as it detracts from transparency efforts and may hinder donor confidence.

Overall, while the organization maintains some commendable governance policies, the combination of high liabilities and a lack of financial documentation suggests that potential donors and stakeholders should exercise caution and seek additional information before engaging with this nonprofit.


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

Is Milwaukee Regional Medical Center Thermal Service Inc legitimate?

Milwaukee Regional Medical Center Thermal Service Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Milwaukee Regional Medical Center Thermal Service 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


Official website here: www.mrmccampus.org

What is the mission statement of Milwaukee Regional Medical Center Thermal Service Inc?

Milwaukee Regional Medical Center Thermal Service Inc focuses on supplying steam and chilled water to the affiliated members of the medical center. The organization's primary objective is to ensure the availability of essential water services for the better functioning of the medical center. Since April 2016, the Thermal Service has been delivering heating and cooling services to its members. The provision of these vital services enables the medical center to maintain optimal temperature conditions for its patients and operations. The organization's dedication to this cause is essential for the seamless delivery of healthcare services.


Official website here: www.mrmccampus.org

Who is the CEO of Milwaukee Regional Medical Center Thermal Service Inc?

Rachel Stauffer is the President of Milwaukee Regional Medical Center Thermal Service Inc.


Official website here: www.mrmccampus.org

What is the revenue of Milwaukee Regional Medical Center Thermal Service Inc?

Milwaukee Regional Medical Center Thermal Service Inc's revenue in 2022 was $32,856,291.


Official website here: www.mrmccampus.org

Who are the executives of Milwaukee Regional Medical Center Thermal Service Inc and what are their salaries?

There 7 volunteers at Milwaukee Regional Medical Center Thermal Service Inc.


Here are 8 key members and their salaries:


Robert Simi (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Bornemann (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Wade (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Hawig (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Kops (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marc Cadieux (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Marks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert W Mlynarek (Vp Of Finance)
  • Compensation: $0
  • Related: $283,027
  • Other: $44,746


Official website here: www.mrmccampus.org

Where can I find the form 990 for Milwaukee Regional Medical Center Thermal Service Inc?

Milwaukee Regional Medical Center Thermal Service Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mrmccampus.org

Learn more at the official website: www.mrmccampus.org

Mission Statement of Milwaukee Regional Medical Center Thermal Service Inc

Milwaukee Regional Medical Center Thermal Service, Inc. (MRMC Thermal) is a vital organization dedicated to supplying steam and chilled water to the members of Milwaukee Regional Medical Center. The primary mission of this company is to ensure the optimal temperature conditions for the functioning of MRMC.

Since April 2016, MRMC Thermal has been delivering heating and cooling services to the members of Milwaukee Regional Medical Center. By providing these essential utilities, MRMC Thermal plays a crucial role in maintaining the comfort and functionality of the medical center. The organization's commitment to meeting the thermal needs of MRMC is essential for the well-being of its patients, staff, and overall operations.

MRMC Thermal's unwavering dedication to Milwaukee Regional Medical Center is crucial in ensuring the facility's ability to provide top-notch healthcare services. The provision of steam and chilled water enables the medical center to maintain an environment conducive to healing and recovery, allowing the institution to continue its mission of improving the health and well-being of its community.

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Impact




October, 2024

Milwaukee Regional Medical Center Thermal Service Inc plays a crucial role in the efficiency and functionality of healthcare services in the Milwaukee area. By providing reliable steam and chilled water to its members, the organization supports essential heating and cooling operations within medical facilities.

Since beginning its services in April 2016, the organization has enhanced the operational capabilities of various healthcare institutions, ensuring they maintain optimal environmental conditions for patient care and medical procedures. This reliable thermal service directly impacts patient comfort and the overall working environment for healthcare professionals, thereby contributing to better health outcomes.

By fostering an efficient and effective infrastructure, Milwaukee Regional Medical Center Thermal Service Inc underscores the importance of supportive services in the healthcare sector, facilitating improved performance across its member organizations.




This information is meant to be a general summary of Milwaukee Regional Medical Center Thermal Service 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
$32,856,291 (2022)
Expenses
$34,350,825 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $37,785
  • Program Service Revenue: $32,818,506
  • Gross Receipts: $32,856,291

Assets and Liabilities:

  • Total Assets: $236,181,473
  • Total Liabilities: $235,869,589
  • Net Assets: $311,884

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Programs

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

SERVICE REVENUE

Revenue

$32,818,506

Organization Details

Founding Year

2013

Principal Officer

Rachel Stauffer

Main Address

8700 W WATERTOWN PLANK RD, MILWAUKEE, WI, 53226

NTEE Category

Code: E112 - Health

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