Prairie du Chien Memorial Hospital Association Inc

EIN: 390926284 501(c)(3) Health Care

Prairie du Chien, WI

Total Revenue
$68,957,278
Total Expenses
$66,153,064
Total Assets
$109,243,730
Net Assets
$77,625,055
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Financial Trends

Organization Details

Formation Year
1957
Legal Domicile
WI
Principal Officer
Christopher Brophy
Phone
6083572000
Tax Period
2023-01-01 to 2023-12-31

Prairie du Chien Memorial Hospital Association Inc, founded in 1957, is a mid-sized nonprofit in the Health Care sector that reported $69.0M in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $66.2M left a modest 4% surplus.

Mission

Crossing Rivers Health provides exceptional heathcare by extraordinary people whose highest priority is your lifetime of wellness.

Program Service Accomplishments

Program 1
Expenses: $43,864,860 Revenue: $59,944,435

Prairie du Chien Memorial Hospital Association, Inc., doing business as Crossing Rivers Health (Health Center), in Prairie du Chien, Wisconsin, is a 25-bed acute care hospital serving the general...

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Prairie du Chien Memorial Hospital Association, Inc., doing business as Crossing Rivers Health (Health Center), in Prairie du Chien, Wisconsin, is a 25-bed acute care hospital serving the general public in the southwestern Wisconsin and northeastern Iowa regions.We persist in our growth and prosperity as a vital regional asset, thanks to the unwavering dedication and contributions of our medical staff, employees, volunteers, donors, and supporters. At Crossing Rivers Health, our primary objective is to deliver high-value care to the communities we serve, continually introducing new services and improving existing ones. In doing so, we ensure that residents throughout our region have convenient access to the best healthcare services available.Routine Services: IP days 1,421. Hospice Acute days 199. SB days 622, Intermediate Care days 65Ancillary Inpatient and Outpatient services are provided to the local community that would otherwise require travel to receive care. In addition to the aforementioned services, Prairie du Chien Memorial offers a comprehensive range of healthcare services, including Obstetrical Care, Diagnostics, 24/7 Emergency Services, Urgent Care, Extended Care, Home Oxygen, Home Medical Equipment, Lifeline, Palliative Care, Continence Care, Respite Care, Infusion Services, Outpatient Care, Laboratory Services, Medical Imaging, Rehabilitation Services, Speech and Audiology Therapy, Surgical Services, and an array of Specialty Services such as General Surgery, Allergy/Asthma, Behavioral Health, Ear, Nose, and Throat (ENT), Gynecology, Nutrition Education, Orthopedics, Pain Management, Podiatry, Sleep Medicine, and Urology.Total Patients discharged - 559Total patient days of care 2,307ER visits 5,908Urgent care visits 6,017Surgical procedures 1,178The Health Center extends care to patients who meet specific criteria outlined in our charity care policy, offering services either free of charge or at rates significantly lower than our established rates. It's important to note that we do not actively pursue the collection of amounts deemed to qualify as charity care, and therefore, these amounts are not recorded as revenue.To assess accounts for charity care classification, the Health Center employs the "exhaust all possible sources" of payment standard, as originally outlined in the Hill Burton program. Despite no longer being under a Hill-Burton obligation, we continue to apply this standard to determine account eligibility for charity care.Our Health Center consistently practices sound business principles and diligently strives to collect outstanding account balances. Consequently, any unpaid balances on which the Health Center has exhausted collection efforts are subsequently categorized as charity care. For the year ending on December 31, 2023, the total charges foregone for services provided under our charity care policies amounted to approximately $328,000. Moreover, the total direct and indirect costs associated with these foregone charges for the year ending on December 31, 2023, was calculated at $180,000, based on an average ratio of costs to gross charges.

Program 2
Expenses: $10,087,724 Revenue: $6,708,953

Crossing Rivers Health manages two clinics, strategically positioned to enhance our community's healthcare access. Located in Prairie du Chien and Fennimore, these clinics are dedicated to offering...

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Crossing Rivers Health manages two clinics, strategically positioned to enhance our community's healthcare access. Located in Prairie du Chien and Fennimore, these clinics are dedicated to offering personalized care tailored to meet the unique needs of each patient. The clinic in Fennirmore ceased operations in October of 2023. Our commitment lies in ensuring a seamless continuum of care within our local communities, eliminating the need for patients to seek medical services elsewhere.Clinic visits 2023 = 18,783

Program 3
Expenses: $2,066,743 Revenue: $1,111,322

Hospice care offers a dedicated team of specially trained healthcare professionals who work closely with patients, their families, and their primary physicians. Our compassionate Hospice Team is...

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Hospice care offers a dedicated team of specially trained healthcare professionals who work closely with patients, their families, and their primary physicians. Our compassionate Hospice Team is committed to prioritizing the well-being of both the patient and their family, with a focus on delivering holistic care that encompasses physical, emotional, and spiritual aspects. Moreover, we strive to empower patients to embrace their remaining life with dignity, providing them with encouragement and support. Additionally, our hospice services extend to comforting and aiding the patient's family both during their loved one's final moments and in the aftermath of their passing.(Continued on Schedule O)Hospice encompasses a range of services, including:1. Home Care: The Hospice team, in conjunction with the attending physician, provides support to the patient's family. Regular staff visits are scheduled to ensure that the patient's and family's needs are being met, allowing the patient to receive care in the comfort of their own home.2. Nursing Homes and Assisted Living: Additionally, Hospice services are available in nursing homes and assisted living facilities to cater to patients' needs in these settings.Hospice home care days 2023 = 5,775

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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 (2023)

Revenue Breakdown

Contributions & Grants $80,142
Program Service Revenue $67,764,710
Investment Income $1,117,721
Other Revenue $-5,295
TOTAL REVENUE $68,957,278

Expense Breakdown

Grants Paid $79,705
Salaries & Benefits $39,509,036
Fundraising Expenses $0
Program Expenses $56,019,327
Other Expenses $26,564,323
TOTAL EXPENSES $66,153,064

Year-over-Year Comparison

2023 2022 Change
Revenue $68,957,278 $61,802,750 +0.1%
Expenses $66,153,064 $57,679,516 +0.1%
Net Income $2,804,214 $4,123,234 -0.3%
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
7
Independent Members
5
Employees
380
Volunteers
96

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
$704,969
Total Directors
9
$377,040
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Katie Garrity President (Until 12/19/23) 4.20
Officer Director
$0 $0 $0
Mark Willems Vice President 1.50
Officer Director
$0 $0 $0
Dick Rogers Treasurer 1.50
Officer Director
$0 $0 $0
Michael Higgins Secretary 1.50
Officer Director
$0 $0 $0
Chad Abram Director (Until 9/12/23) 1.50
Director
$0 $0 $0
Jimmy Jones Director 1.50
Director
$0 $0 $0
Carlos Cantero Jr Director 1.50
Director
$0 $0 $0
Scott Kennedy Director 1.50
Director
$0 $0 $0
Maranda Record MD Chief of Staff 41.50
Director
$340,840 $36,200 $377,040
Christopher Brophy CEO 40.00
Officer
$365,894 $63,176 $429,070
Geoffrey Mandala CFO 40.00
Officer
$217,678 $58,221 $275,899
Kevin Klean Orthopedic Surgeon 32.00
Highest
$769,464 $68,921 $838,385
Paul Mariskanish Emergency Medicine 48.00
Highest
$525,418 $65,149 $590,567
Dr Timothy Fitzner Emergency Medicine 38.00
Highest
$397,128 $66,149 $463,277
James Jordan ER Physician 36.00
Highest
$392,303 $65,149 $457,452
Paul Barrineau CRNA 40.00
Highest
$391,441 $65,871 $457,312
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
2024 No data No data No data No data
2023 $68,957,278 $66,153,064 $109,243,730 $2,804,214
2022 $61,802,750 $57,679,516 $107,660,654 $4,123,234
2021 $68,473,335 $55,111,273 $106,566,103 $13,362,062
2020 $57,256,554 $51,516,083 $97,972,162 $5,740,471
2019 $54,380,836 $52,509,880 $94,412,674 $1,870,956
2018 $53,396,128 $52,772,672 $93,055,185 $623,456
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