Tomah Memorial Hospital

EIN: 390799566 501(c)(3) Health Care

Tomah, WI

Total Revenue
$94,145,456
Total Expenses
$91,214,308
Total Assets
$144,076,870
Net Assets
$97,198,973
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Financial Trends

Organization Details

Formation Year
1948
Legal Domicile
WI
Principal Officer
Derek Daly
Phone
6083722181
Tax Period
2024-10-01 to 2025-09-30

Tomah Memorial Hospital, founded in 1948, is a mid-sized nonprofit in the Health Care sector that reported $94.1M in total revenue in fiscal year 2024. Expenses of $91.2M left a modest 3% surplus.

Mission

The mission of Tomah Memorial Hospital, Inc. is to promote and provide quality health care based on customer needs and expectations. In fulfillment of its mission, Tomah Memorial Hospital is committed to view its customers and employees through a holistic approach without consideration to economic status, gender, ethnic origin or personal limitations.

Program Service Accomplishments

Program 1
Expenses: $72,256,024 Revenue: $88,606,312

Tomah Health has provided for the health and well-being of the residents of Tomah and the surrounding communities for nearly sixty-five years. The Hospital provides a broad spectrum of health and...

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Tomah Health has provided for the health and well-being of the residents of Tomah and the surrounding communities for nearly sixty-five years. The Hospital provides a broad spectrum of health and wellness services to the community, including general medical/surgical and swing bed inpatient care, diagnostic laboratory, and radiology services, general and specialty surgical services, 24-hour emergency care services, obstetric services, rehabilitative services, occupational health and wellness programs, and a community outreach program. Key volume indicators for the fiscal year ended September 30, 2025 are as follows:(Continued on Schedule O)* 1,169 inpatient discharges* 3,609 inpatient days* 21,923 emergency room and urgent care visits* 2,046 surgical and endoscopic procedures* 21,238 radiology procedures (including CT and MRI)* 101,758 laboratory tests* 57,025 rehabilitative services proceduresIn furtherance of its charitable mission, the Hospital provided approximately $458 thousand of free and discounted care to area residents (cost of care approximately $190 thousand) and wrote off $3.79 million of uncollectible accounts (cost equal to approximately $1.58 million). Additionally, based on its most recently completed community benefits survey, the Hospital incurred approximately $2.31 million in net losses related to providing care for individuals with health insurance provided by either the Medicaid program or other governmental insurance programs. The Hospital subsidizes several programs that are deemed vital services for the community, including in-home hospice and palliative care services, a hospice residence, a walk-in clinic located in the rural community of Warrens, WI, and a dedicated community outreach department that provides health and wellness services to area employers and the Tomah community. Subsidies for these programs for fiscal 2025 approximated $3.08 million. Additional details regarding the hospice program and the Warrens Walk-In Clinic can be found below in 4b and 4c. In addition to providing high quality healthcare services, the Hospital encourages employees to become actively involved in community organizations and projects that provide other benefits to local communities. The Hospital provides many free services to the community, including health and wellness presentations to area school children, CPR and AED training to various organizations, wellness fairs devoted to women and senior citizens, and meeting space to various non-profit and civic organizations.

Program 2
Expenses: $5,321,819 Revenue: $2,760,592

Hospice ProgramThe Hospital provides in-home, inpatient, and residential hospice care to residents of Tomah and the surrounding communities. Residential care is provided via the operation of an...

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Hospice ProgramThe Hospital provides in-home, inpatient, and residential hospice care to residents of Tomah and the surrounding communities. Residential care is provided via the operation of an eight-bed hospice house located off campus. Despite subsidizing the financial losses incurred by the program, the services are deemed vital to the community and represent a necessary component of patient care. For the year ended September 30, 2025, the Hospice program experienced 10,931 program days and 1,331 hospice residence days.

Program 3
Expenses: $1,053,104 Revenue: $429,641

Warrens Walk-In ClinicThe Hospital began operating an off-site walk-in care clinic several years ago to better serve the needs of the residents of Warrens, Wisconsin. For the fiscal year ended...

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Warrens Walk-In ClinicThe Hospital began operating an off-site walk-in care clinic several years ago to better serve the needs of the residents of Warrens, Wisconsin. For the fiscal year ended September 30, 2025, the clinic accommodated 2,581 patient visits. The clinic provides residents with a close-to-home, low-cost option for healthcare services (including basic laboratory tests and x-ray capabilities) related to minor injuries and illnesses, and all services provided are supported by the Hospital's Emergency Department. Despite incurring a negative gross contribution margin during 2025, the Hospital's Board of Directors believes the clinic is an important asset to the residents of Warrens and remains committed to supporting it until it achieves a sustainable level of financial performance.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $76,631
Program Service Revenue $91,796,545
Investment Income $2,272,280
Other Revenue $0
TOTAL REVENUE $94,145,456

Expense Breakdown

Grants Paid $0
Salaries & Benefits $45,242,004
Fundraising Expenses $38,654
Program Expenses $78,630,947
Other Expenses $45,972,304
TOTAL EXPENSES $91,214,308

Year-over-Year Comparison

2024 2023 Change
Revenue $94,145,456 $92,940,478 +0.0%
Expenses $91,214,308 $86,953,515 +0.0%
Net Income $2,931,148 $5,986,963 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
10
Independent Members
9
Employees
546
Volunteers
26

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$336,758
Total Directors
10
$0
Key Employees
1
$299,864
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Greg Gaarder Chair 1.00
Officer Director
$0 $0 $0
B Scott Nicol Vice Chair 1.00
Officer Director
$0 $0 $0
Deb Buswell Treasurer 1.00
Officer Director
$0 $0 $0
Sue Playter Mubarak Secretary 1.00
Officer Director
$0 $0 $0
Diana Gerke Director 0.50
Director
$0 $0 $0
Tiffany Casper DO Director 0.50
Director
$0 $0 $0
Beth Arity Director 0.50
Director
$0 $0 $0
Wes Revels Director 0.50
Director
$0 $0 $0
Jennifer Drexler DO Director 0.50
Director
$0 $0 $0
Todd Torkelson Director 0.50
Director
$0 $0 $0
Joseph Zeps Chief Financial Officer 40.00
Officer
$295,165 $41,593 $336,758
Derek Daly CEO 40.00
Officer
$0 $0 $0
Tracy Myhre CCO/CNO 40.00
Key Emp
$259,690 $40,174 $299,864
Michelle Masters Nurse Practitioner 36.00
Highest
$273,114 $39,342 $312,456
Gerald Fushianes Physician Assistant 36.00
Highest
$278,553 $40,928 $319,481
Jill Boulden Director of Medical Operations 34.80
Highest
$255,948 $1,578 $257,526
Todd Chapman Pharmacy Director 40.00
Highest
$234,469 $9,379 $243,848
Scott Mihalovic Pharmacist 40.00
Highest
$220,635 $38,612 $259,247
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $94,145,456 $91,214,308 $144,076,870 $2,931,148
2024 $92,940,478 $86,953,515 $140,787,498 $5,986,963
2023 $86,079,090 $78,880,270 $129,590,553 $7,198,820
2022 $76,753,424 $72,887,260 $124,121,322 $3,866,164
2021 $81,760,815 $68,576,610 $122,784,056 $13,184,205
2020 $65,345,149 $66,539,405 $119,360,699 $-1,194,256
2019 $62,690,311 $61,577,487 $114,912,986 $1,112,824
2018 $62,770,708 $58,264,145 $111,844,534 $4,506,563
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