MILWAUKEE REGIONAL MEDICAL CENTER INC

EIN: 391150504 501(c)(3) Health Care

MILWAUKEE, WI

Total Revenue
$7,112,872
Total Expenses
$4,088,473
Total Assets
$70,755,876
Net Assets
$8,249,019
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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
1977
Legal Domicile
WI
Principal Officer
RACHEL STAUFFER
Phone
4147784570
Tax Period
2024-01-01 to 2024-12-31

MILWAUKEE REGIONAL MEDICAL CENTER INC, founded in 1977, is a community nonprofit in the Health Care sector that reported $7.1M in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $3.0M, a strong 43% operating margin.

Mission

AID AND SUPPORT THE DEVELOPMENT AND PROVISION OF HEALTH SERVICES IN WISCONSIN.

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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 $0
Program Service Revenue $6,396,786
Investment Income $711,964
Other Revenue $4,122
TOTAL REVENUE $7,112,872

Expense Breakdown

Grants Paid $0
Salaries & Benefits $877,153
Fundraising Expenses $0
Program Expenses $2,462,018
Other Expenses $3,211,320
TOTAL EXPENSES $4,088,473

Year-over-Year Comparison

2024 2023 Change
Revenue $7,112,872 $6,211,442 +0.1%
Expenses $4,088,473 $4,547,756 -0.1%
Net Income $3,024,399 $1,663,686 +0.8%
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

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Governance

Voting Members
6
Independent Members
6
Employees
55
Volunteers
6

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
$269,264
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK GERONIME VP OF OPERATIONS 40.00
Highest
$255,775 $51,451 $307,226
SHERI SCHMIT VP OF TRANSPORTATION SERVICES 40.00
Highest
$207,692 $46,643 $254,335
LEIF ERICKSON EXECUTIVE DIRECTOR FLIGHT FOR LIFE 0.00
Highest
$217,452 $47,619 $265,071
RACHEL STAUFFER VP OF FINANCE 30.00
Officer
$230,127 $39,137 $269,264
CRAIG MILLER CIO 30.00
Highest
$159,413 $3,533 $162,946
TIFFANY L MUNDT CLINICAL STAFF EDUCATION COORDINATOR 40.00
Highest
$149,350 $40,809 $190,159
ROBERT SIMI EXECUTIVE DIRECTOR MRMC 35.00
Officer
$0 $0 $0
MARC CADIEUX CHAIRMAN 1.00
Officer Director
$0 $0 $0
DR JOHN RAYMOND VICE CHAIRMAN 1.00
Officer Director
$0 $0 $0
MATTHEW LESTER SECRETARY 1.00
Officer Director
$0 $0 $0
SCOTT HAWIG TREASURER 1.00
Officer Director
$0 $0 $0
JOHN ERNST DIRECTOR 1.00
Director
$0 $0 $0
SCOTT TURNER DIRECTOR 1.00
Director
$0 $0 $0
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 $7,112,872 $4,088,473 $70,755,876 $3,024,399
2023 $6,211,442 $4,547,756 $89,321,110 $1,663,686
2022 $13,480,233 $15,354,659 $80,553,758 $-1,874,426
2021 $11,931,134 $11,367,356 $97,261,239 $563,778
2020 $11,606,029 $9,347,374 $71,201,717 $2,258,655
2019 $13,438,345 $17,471,027 $62,919,365 $-4,032,682
2018 $13,413,778 $16,568,897 $38,099,666 $-3,155,119
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