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Nonprofit · EIN 81-0977948

MCHS HOSPITALS INC

Also known as MARSHFIELD CLINIC REGIONAL MEDICAL

Tax-exempt · MARSHFIELD, WI 54449

Financials

$1.5B$1.7B2023$1.5B$1.5B2024
Revenue Expenses · by fiscal year end
Financials of MCHS HOSPITALS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,455,966,010$1,546,622,441-$90,656,431$885,596,688$1,245,219,696-$359,623,008
December 31, 2023990$1,462,883,909$1,683,214,057-$220,330,148$910,287,458$982,555,326-$72,267,868
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$7,126,473
of which government grants
$5,377,672
Program service revenue
$1,441,201,805
Investment income
$7,126,176
Net rental income
$511,556
Net gain from sales of assets
$19,263
Tax-exempt bond proceeds
$7,106,913
Other revenue
$511,556

Expenses

Grants and similar amounts paid
$887,301
Other salaries and wages
$670,112,132
Salaries, compensation and benefits (total)
$798,907,929
Professional fundraising fees
$0
Legal fees
$38,075
Accounting fees
$4,650
Occupancy
$26,345,237
Travel
$1,571,948
Depreciation
$45,593,940
Program services (functional)
$1,334,948,138
Management and general (functional)
$211,674,303

Balance sheet and other

Total assets, start of year
$910,287,458
Total assets, end of year
$885,596,688
Total liabilities, end of year
$1,245,219,696
Net assets, end of year
-$359,623,008
Land, buildings and equipment
$576,125,633
Net assets without donor restrictions
-$359,623,008
Gross receipts
$1,456,010,157
Employees
0
Volunteers
500
Year formed
2015
State of legal domicile
WI

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
SUSAN TURNEY MDFORMER MCHS CEO
Former
0$0$2,241,715$0
BRIAN HOERNEMAN MDBOARD MEMBER/INTERIM MCHS CEO
Trustee or director, Officer
1$0$1,584,168$39,013
KATHY BRESSLERMCHS COO
Key employee
1$0$985,571$37,461
JEANETTE WOJTALEWICZINTERIM MCHS CFO
Officer
1$0$972,510$0
JERARD JENSENMCHS GENERAL COUNSEL (THRU JAN 2024)
Key employee
1$0$889,281$11,274
SAMANTHA KLEBE DOBOARD MEMBER/MCHS CMO
Trustee or director
1$0$703,503$36,357
EDWARD FERNANDEZ MDBOARD MEMBER
Trustee or director
1$0$592,054$42,454
CATHY BUKOWSKIFORMER MCHS CFO
Former
0$0$631,969$0
LISA BOEROMCHS GENERAL COUNSEL
Key employee
1$0$415,495$10,811
COLLEEN HOERNEMANCHAIR
Trustee or director, Officer
1$0$5,500$0
MARK BRADLEYVICE CHAIR
Trustee or director, Officer
1$0$5,500$0
JOHN BALTUSSECRETARY/TREASURER
Trustee or director, Officer
1$0$0$0
DOUG MATHISONBOARD MEMBER
Trustee or director
1$0$0$0
DAVID HOLMESBOARD MEMBER
Trustee or director
1$0$0$0
990 for the year ended December 31, 2023: 17 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
SUSAN TURNEY MDBOARD MEMBER/MCHS CEO - PART YEAR
Trustee or director
1$0$3,125,033$382,007
WILLIAM MELMS MDBOARD MEMBER/MCHS CMO - PART YEAR
Trustee or director
1$0$1,053,823$21,091
JERARD JENSENMCHS GENERAL COUNSEL
Key employee
1$0$983,883$44,933
BRIAN HOERNEMAN MDBOARD MEMBER/INTERIM MCHS CEO
Trustee or director
1$0$848,741$40,127
KATHY BRESSLERMCHS COO
Key employee
1$0$839,857$28,816
CATHY BUKOWSKIMCHS CFO - PART YEAR
Officer
1$0$725,840$23,393
EDWARD FERNANDEZ MDBOARD MEMBER
Trustee or director
1$0$536,206$43,230
SAMANTHA KLEBE DOBOARD MEMBER/MCHS CMO
Trustee or director
1$0$515,015$29,993
RUWAN DISSANAYAKE MDSECRETARY - PART YEAR
Trustee or director, Officer
1$0$370,856$24,157
JEANETTE WOJTALEWICZINTERIM MCHS CFO
Officer
1$0$116,564$0
MARK BUGHERCHAIR - PART YEAR
Trustee or director, Officer
1$0$24,924$0
MARK BRADLEYVICE CHAIR
Trustee or director, Officer
1$0$13,000$0
COLLEEN HOERNEMANCHAIR
Trustee or director, Officer
1$0$6,500$0
JOHN BALTUSSECRETARY/TREASURER
Trustee or director, Officer
1$0$0$0
DOUG MATHISONBOARD MEMBER
Trustee or director
1$0$0$0
MARGARET MINERICKBOARD MEMBER - PART YEAR
Trustee or director
1$0$0$0
DAVID HOLMESBOARD MEMBER
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
611 N SAINT JOSEPH AVE, MARSHFIELD, WI 54449-1832
Principal officer (990 for 2024)
BILL GASSEN, 2301 EAST 60TH ST, SIOUX FALLS, SD 57104
Signed the 990
NICHOLAS OLSON, EVP, CFO
Phone
(715) 387-5511
Return prepared by
ERNST & YOUNG US LLP

Mission

WE ENRICH LIVES TO CREATE HEALTHY COMMUNITIES THROUGH ACCESSIBLE, AFFORDABLE, COMPASSIONATE HEALTH CARE.

990 for the year ended December 31, 2024

Program accomplishments

  • MCHS HOSPITALS, INC. (MCHSH), INCORPORATED IN DECEMBER 2015 AS A NONPROFIT, NONSTOCK CORPORATION WHICH OWNS AND OPERATES THE FOLLOWING ACUTE CARE FACILITIES IN WISCONSIN EITHER DIRECTLY OR THROUGH WHOLLY OWNED SUBSIDIARIES: MARSHFIELD MEDICAL CENTER (MMC) (ACQUIRED IN JULY 2017), MMC-RICE LAKE (THROUGH ITS SUBSIDIARY LAKEVIEW MEDICAL CENTER), MMC-EAU CLAIRE (OPENED IN JULY 2018), MMC-LADYSMITH (ACQUIRED IN SEPTEMBER 2018), MMC-NEILLSVILLE (ACQUIRED IN DECEMBER 2018 THROUGH ITS SUBSIDIARY MEMORIAL HOSPITAL, INC.), MMC-BEAVER DAM (ACQUIRED IN MAY 2019 THROUGH ITS SUBSIDIARY BEAVER DAM COMMUNITY HOSPITALS, INC. (BDCH)), MMC-MINOCQUA (OPENED IN JUNE 2020), CONTINUED ON SCHEDULE OMMC-WESTON (ACQUIRED IN AUGUST 2020), MMC-PARK FALLS (ACQUIRED IN AUGUST 2020 THROUGH ITS SUBSIDIARY FLAMBEAU HOSPITAL, INC.), MMC-DICKINSON (ACQUIRED IN FEBRUARY 2022 THROUGH ITS SUBSIDIARY DICKINSON COUNTY HEALTHCARE SYSTEM) AND MMC-RIVER REGION (OPENED IN MAY 2022).
    Expenses $1,334,948,138 · grants $887,301 · revenue $1,441,201,805

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
81-0977948
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Hospital or medical research organization
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2016
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E20)
Assets (IRS master file)
$885,596,688
Income (IRS master file)
$1,456,010,157

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,455,966,010$1,546,622,441$885,596,688IRS
990December 2023$1,462,883,909$1,683,214,057$910,287,458XML
990December 2022$1,373,193,724$1,680,564,505$2,934,686,508IRS
990December 2021–––IRS
990December 2020–––IRS
990September 2020–––IRS
990September 2019–––IRS
990September 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 81-0977948).

Questions about MCHS HOSPITALS INC

What is the EIN of MCHS HOSPITALS INC?
The employer identification number (EIN) of MCHS HOSPITALS INC is 81-0977948.
Is MCHS HOSPITALS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
Are donations to MCHS HOSPITALS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MCHS HOSPITALS INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MCHS HOSPITALS INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MCHS HOSPITALS INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of MCHS HOSPITALS INC?
The 990 for the year ended December 31, 2024 names BILL GASSEN.
Who are the officers and directors of MCHS HOSPITALS INC?
The 990 for the year ended December 31, 2024 lists 14 people; 0 received compensation from the organization.
How much revenue does MCHS HOSPITALS INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,455,966,010, expenses of $1,546,622,441 and total assets of $885,596,688 at year end.

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