WISCONSIN HOSPITAL ASSOCIATION INC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1959

Legal Domicile

Principal Officer

ERIC BORGERDING

Phone

6082741820

Tax Period

2024-01-01 to 2024-12-31

WISCONSIN HOSPITAL ASSOCIATION INC, founded in 1959, is a mid-sized nonprofit that reported $10.4M in total revenue in fiscal year 2024. Expenses of $9.7M left a modest 7% surplus.

Mission

THE WISCONSIN HOSPITAL ASSOCIATION, INC.'S (WHA) MISSION IS ADVOCATING FOR THE ABILITY OF ITS MEMBERS TO PROVIDE HIGH QUALITY HEALTH CARE SERVICES TO WISCONSIN COMMUNITIES.THE ASSOCIATION FULFILLS THIS MISSION THROUGH THE FOLLOWING VALUES: ADVOCACY AND REPRESENTATION IS WHA'S HIGHEST PRIORITY; ADVOCATING FOR THE IDENTIFICATION AND IMPLEMENTATION OF INITIATIVES THAT CONTRIBUTE TO IMPROVED COMMUNITY HEALTH; SERVING AS A FORUM TO DISCUSS DIVERSE POINTS OF VIEW AND SEEK CONSENSUS ON HOW BEST TO MEET SOCIETAL AND MEMBER NEEDS; PROVIDING EDUCATION AND TRAINING ON ISSUES RELATING TO REGULATORY COMPLIANCE, MANAGEMENT, CLINICAL IMPROVEMENT, AND OTHER MATTERS THAT ENABLE MEMBERS TO ACHIEVE THEIR MISSIONS; TAKING A LEADERSHIP ROLE IN FOSTERING A CLIMATE OF COLLABORATION, RESPECT, AND INTERDEPENDENCY BETWEEN THE VARIOUS PROVIDERS OF HEALTH CARE; OFFERING VALUE ADDED SERVICES THAT MEET MEMBERSHIP NEEDS THROUGH THE ASSOCIATION AND ITS SUBSIDIARIES.

Program Service Accomplishments

Program 1

QUALITY INITIATIVE -WHA MAINTAINS A WEBSITE THAT PUBLICLY REPORTS MEASURES OF HOSPITAL QUALITY AND SAFETY. THE SITE REPORTS OVER 60 MEASURES FOR 128 HOSPITALS. RESULTS ARE UPDATED QUARTERLY, AND NEW MEASURES ARE ADDED ON AN ONGOING BASIS. WHA ALSO COORDINATES STATE-WIDE QUALITY IMPROVEMENT PROJECTS WITH MEMBER HOSPITALS. STAFF DELIVER IMPROVEMENT TRAINING CONTENT, PROVIDE ONE-ON-ONE COACHING AND COLLECT DATA FROM HOSPITALS TO TRACK PROGRESS.

Program 2

PUBLIC POLICY -WHA ADVOCATES AT THE STATE AND NATIONAL LEVEL ON POLICY ISSUES THAT AFFECT HOSPITALS ABILITIES TO CONTINUE TO MEET THEIR MISSION OF PROVIDING AFFORDABLE, ACCESSIBLE AND HIGH-QUALITY...

PUBLIC POLICY -WHA ADVOCATES AT THE STATE AND NATIONAL LEVEL ON POLICY ISSUES THAT AFFECT HOSPITALS ABILITIES TO CONTINUE TO MEET THEIR MISSION OF PROVIDING AFFORDABLE, ACCESSIBLE AND HIGH-QUALITY CARE IN THE COMMUNITIES THEY SERVE.

Program 3

COMMUNICATIONS AND EDUCATION -WHA PRODUCES A WEEKLY NEWSLETTER THAT IS DISTRIBUTED TO MORE THAN 2,000 PEOPLE, INCLUDING MEMBER HOSPITALS, STATE LEGISLATORS, MEMBERS OF THE CONGRESSIONAL DELEGATION...

COMMUNICATIONS AND EDUCATION -WHA PRODUCES A WEEKLY NEWSLETTER THAT IS DISTRIBUTED TO MORE THAN 2,000 PEOPLE, INCLUDING MEMBER HOSPITALS, STATE LEGISLATORS, MEMBERS OF THE CONGRESSIONAL DELEGATION, AND HEALTH CARE PROFESSIONALS. IN ADDITION, WHA STAFF COMMUNICATE DIRECTLY WITH MEMBER HOSPITALS THROUGH DIRECT VISITS AND ELECTRONIC COMMUNICATIONS. WHA WORKS DIRECTLY WITH THE MEDIA AND PROVIDES ACCESS TO EXPERTS IN THE AREA OF HEALTH CARE POLICY, REIMBURSEMENT, QUALITY AND SAFETY, WORKFORCE AND DATA.WHA HOLDS MORE THAN 50 EDUCATION EVENTS EACH YEAR FOCUSED ON ISSUES THAT ARE OF VITAL IMPORTANCE TO HOSPITALS.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $174,235

Program Service Revenue $9,067,414

Investment Income $644,247

Other Revenue $518,080

TOTAL REVENUE $10,403,976

Expense Breakdown

Grants Paid $100,000

Salaries & Benefits $5,892,708

Fundraising Expenses $0

Other Expenses $3,683,449

TOTAL EXPENSES $9,676,157

Year-over-Year Comparison

	2024	2023	Change
Revenue	$10,403,976	$9,925,684	+0.0%
Expenses	$9,676,157	$9,363,134	+0.0%
Net Income	$727,819	$562,550	+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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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$1,524,523

Total Directors

$1,351,909

Key Employees

$653,472

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERIC BORGERDING	PRESIDENT & DIRECTOR	40.00	Officer Director	$1,304,050	$47,859	$1,351,909
JOHN RUSSELL	CHAIR	1.00	Officer Director	$0	$0	$0
ROBERT JAMES VAN MEETEREN	PAST CHAIR	1.00	Officer Director	$0	$0	$0
SUE ANDERSON	DIRECTOR	1.00	Director	$0	$0	$0
AMRAN ANDRABI	DIRECTOR	1.00	Director	$0	$0	$0
LUKE BEIRL	DIRECTOR	1.00	Director	$0	$0	$0
JEFF BAHR	DIRECTOR	1.00	Director	$0	$0	$0
JEFF BARD	DIRECTOR	1.00	Director	$0	$0	$0
DANIEL DEGROOT	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL DOLAN	DIRECTOR	1.00	Director	$0	$0	$0
BRADLEY GROSETH	DIRECTOR	1.00	Director	$0	$0	$0
DAVID HARTBERG	DIRECTOR	1.00	Director	$0	$0	$0
MATTHEW HEYWOOD	DIRECTOR	1.00	Director	$0	$0	$0
KRISTIN MCMANMON	DIRECTOR	1.00	Director	$0	$0	$0
DEBRA RUDQUIST	DIRECTOR	1.00	Director	$0	$0	$0
MIKE SCHAFER	DIRECTOR	1.00	Director	$0	$0	$0
LISA SCHNEDLER	DIRECTOR	1.00	Director	$0	$0	$0
TIM SIZE	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN STEPHENS	DIRECTOR	1.00	Director	$0	$0	$0
TERESA THEILER	DIRECTOR	1.00	Director	$0	$0	$0
SCOTT TURNER	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS WOLESKE	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN POTTER	SENIOR VP, FINANCE/COO	40.00	Officer	$165,579	$7,035	$172,614
MOLLY WIEGEL	SENIOR VP, FINANCE/COO	40.00	Officer	$0	$0	$0
KYLE O'BRIEN	SENIOR VP, GOVERNMENT RELATIONS	40.00	Key Emp	$311,183	$40,413	$351,596
MATTHEW STANFORD	GENERAL COUNSEL	40.00	Key Emp	$260,300	$41,576	$301,876
JOANNE ALIG	SR VP PUBLIC POLICY	40.00	Highest	$278,163	$21,427	$299,590
ANN ZENK	VP WORKFORCE & CLINICAL	40.00	Highest	$200,189	$31,128	$231,317
KAROLINE HOFER	VP ADVOCACY	40.00	Highest	$175,087	$38,821	$213,908

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	$10,403,976	$9,676,157	$25,617,422	$727,819
2023	$9,925,684	$9,363,134	$22,925,827	$562,550
2022	$10,339,412	$9,070,394	$20,945,478	$1,269,018
2021	$8,918,515	$8,580,772	$23,228,476	$337,743
2020	$13,222,487	$12,939,303	$21,577,500	$283,184
2019	$10,592,014	$9,955,059	$21,231,608	$636,955
2018	$10,808,662	$9,372,511	$19,156,565	$1,436,151