Gundersen Lutheran Medical Foundation Inc

EIN: 391249705 501(c)(3) Health Care

LA CROSSE, WI

Total Revenue
$37,379,625
Total Expenses
$35,626,013
Total Assets
$97,312,057
Net Assets
$92,013,863
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Financial Trends

Organization Details

Formation Year
1976
Legal Domicile
WI
Phone
6087756600
Tax Period
2023-10-01 to 2024-09-30

Gundersen Lutheran Medical Foundation Inc, founded in 1976, is a mid-sized nonprofit in the Health Care sector that reported $37.4M in total revenue in fiscal year 2023. Revenue surged 59% from the prior year, signaling strong growth momentum. Expenses of $35.6M left a modest 5% surplus.

Mission

THE MISSION OF GUNDERSEN LUTHERAN MEDICAL FOUNDATION, INC. IS TO IMPROVE THE LIVES OF PATIENTS AND OUR LARGER COMMUNITY THROUGH MEDICAL EDUCATION, RESEARCH, OUTREACH, AND THE PHILANTHROPIC SUPPORT OF GUNDERSEN HEALTH SYSTEM.

Program Service Accomplishments

Program 1
Expenses: $18,875,542 Revenue: $13,274,759

GUNDERSEN LUTHERAN MEDICAL FOUNDATION, INC. SPONSORS A PREMIER COMMUNITY-BASED ACADEMIC HEALTH CENTER WHICH IS DEDICATED TO EXCEPTIONAL EDUCATION IN A COLLABORATIVE CULTURE THAT FOSTERS LIFE-LONG...

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GUNDERSEN LUTHERAN MEDICAL FOUNDATION, INC. SPONSORS A PREMIER COMMUNITY-BASED ACADEMIC HEALTH CENTER WHICH IS DEDICATED TO EXCEPTIONAL EDUCATION IN A COLLABORATIVE CULTURE THAT FOSTERS LIFE-LONG LEARNING, AND THE DEVELOPMENT OF COMPASSIONATE HEALTHCARE PROFESSIONALS DEVOTED TO THE COMMUNITIES THEY SERVE. THERE ARE 6 FULLY ACCREDITED RESIDENCY PROGRAMS (FAMILY MEDICINE, INTERNAL MEDICINE, GENERAL SURGERY, ORAL AND MAXILLOFACIAL SURGERY, PODIATRIC MEDICINE AND SURGERY AND TRANSITIONAL YEAR) AND 3 FULLY ACCREDITED FELLOWSHIPS (ADVANCED GI MINIMALLY INVASIVE/BARIATRIC SURGERY, HEMATOLOGY AND MEDICAL ONCOLOGY, AND HOPSICE AND PALLATIVE MEDICINE). THE CLINICAL EXPERIENCE PROVIDED AT GUNDERSEN INOLVES A BALANCE OF PRIMARY, TERTIARY, INPATIENT AND OUTPATIENT MEDICINE IN SERVING A LARGELY RURAL POPULATION IN A TRI-STATE AREA. GUNDERSEN LUTHERAN MEDICAL FOUNDATION SERVES AS THE WESTERN ACADEMIC CAMPUS FOR THE UNIVERSITY OF WISCONSIN SCHOOL OF MEDICINE AND PUBLIC HEALTH (UW-SMPH) AND AS ONE OF THREE SITES FOR THE WISCONSIN ACADEMCY FOR RURAL MEDICINE (WARM). WE OFFER CLINICAL EXPERIENCES FOR MORE THAN 70 MEDICAL STUDENTS PER YEAR AND IS PRIMARILY RESPONSIBLE FOR THE MAJORITY OF CLINICAL ROTATIONS FOR 20 WARM MEDICAL STUDENTS PER YEAR. GUNDERSEN LUTHERAN MEDICAL FOUNDATION, INC. IS ACCREDITED BY THE WISCONSIN MEDICAL SOCIETY FOR CONTINUING MEDICAL EDUCATION. IN 2024, 113 LIVE CME COURSES, 64 ENDURING MATERIAL, 48 REGULAR SCHEDULED SESSIONS, 12 PERFORMANCE/QUALITY IMPROVEMENT ACTIVITIES, AND 4 LEARNING FROM TEACHING SESSIONS WERE ACCOMPLISHED. CONTINUING MEDICAL EDUCATION REFLECTS OUR COMMITMENT TO LEARNING THROUGHOUT THE PROFESSIONAL CAREER OF HEALTHCARE EMPLOYEES. THE TOTAL PARTICIPATION FOR ALL CME PROGRAM ACTIVITIES OFFERED WAS 13,585 PARTICIPANTS.

Program 2
Expenses: $6,889,118 Revenue: $1,625,515

THE GUNDERSEN LUTHERAN MEDICAL FOUNDATION, INC. RESEARCH PROGRAM INCLUDES RESEARCH NAVIGATION, INCLUDING NURSING RESEARCH, CLINICAL TRIALS, AND TRANSLATIONAL RESEARCH THAT SEEK EVIDENCE-BASED...

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THE GUNDERSEN LUTHERAN MEDICAL FOUNDATION, INC. RESEARCH PROGRAM INCLUDES RESEARCH NAVIGATION, INCLUDING NURSING RESEARCH, CLINICAL TRIALS, AND TRANSLATIONAL RESEARCH THAT SEEK EVIDENCE-BASED, REPRODUCIBLE ANSWERS TO IMPORTANT QUESTIONS THAT PERTAIN TO THE HEALTH OF THE CITIZENS IN THE TRI-STATE REGION. RESEARCH HELPS DIRECT MEDICAL STAFF TO PROVIDE PATIENTS WITH THE MOST UP-TO-DATE ADVANCEMENTS IN MEDICAL CARE. THE DEPARTMENT SUPPORTS RESEARCH THROUGHOUT THE ORGANIZATION INCLUDING EFFORTS THAT HAVE LED TO BEING NAMED A NATIONAL CANCER INSTITUTE COMMUNITY ONCOLOGY RESEARCH PROGRAM (NCORP)- ONE OF THIRTY-TWO SUCH SITES IN THE NATION. OUR FOUNDATION IN CONSECUTIVE YEARS, 2014 THROUGH 2025, IN PARTNERSHIP WITH MARSHFIELD CLINIC RESEARCH FOUNDATION AND THEDA CARE HEALTH SYSTEM (THESE THREE ORGANIZATIONS COLLECTIVELY REFERRED TO AS WiNCORP) SHARED IN A $16.6 MILLION NATIONAL INSTITUTE GRANT. OF WHICH, IN 2024 WE RECEIVED $550,000 TO IMPROVE THE HEALTH OF OUR COMMUNITY THROUGH CANCER RESEARCH. ADDITIONALLY, IN FISCAL YEAR 2024 THE CLINICAL RESEARCH TEAM ENROLLED 236 PATIENTS IN CLINICAL TRIALS ACROSS CANCER, CARDIOLOGY, OPHTHALMOLOGY, INTERVENTIONAL RADIOLOGY, AND OTHER SPECIALTIES. THE ALL OF US GRANT NOW IN YEAR 7 AT OUR INSTITUTION, CONTINUES ITS WORK TOWARD THE NATIONAL GOAL OF GATHERING HEALTH DATA FROM 1 MILLION PARTICIPANTS FOR THE PURPOSES OF, "EXCELERATING HEALTH RESEARCH AND MEDICAL BREAKTHROUGHS, AND ENABLING INDIVIDUALIZED PREVENTION, TREATMENT, AND CARE." FOR FISCAL YEAR 2024 OUR ORGANIZATION ENROLLED 1,060 PATIENTS IN THIS NATIONAL PROJECT. IN FISCAL YEAR 2024, THE RESEARCH DEPARTMENT HAD 50 PUBLICATIONS IN PEER-REVIEWED, PubMed-INDEXED PUBLICATIONS.

Program 3
Expenses: $3,779,998 Revenue: $171,666

THE COMMUNITY HEALTH PROGRAMS SPONSORED BY GUNDERSEN LUTHERAN MEDICAL FOUNDATION, INC. PROMOTE COMMUNITY HEALTH, EMPHASIZE DISEASE PREVENTION, WELLNESS, IMPROVE ACCESS TO CARE AND QUALITY OF CARE...

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THE COMMUNITY HEALTH PROGRAMS SPONSORED BY GUNDERSEN LUTHERAN MEDICAL FOUNDATION, INC. PROMOTE COMMUNITY HEALTH, EMPHASIZE DISEASE PREVENTION, WELLNESS, IMPROVE ACCESS TO CARE AND QUALITY OF CARE, AND OTHER PATIENT EDUCATION PROGRAMS. A TOTAL OF $3.8 MILLION WAS DISTRIBUTED IN SUPPORT OF OUR MISSION: 25% FOR PEDIATRIC NEEDS, 20% FOR MEDICAL RESEARCH, 16% FOR MEDICAL EDUCATION, 14% FOR ONCOLOGY NEEDS, 10% FOR PATIENT SERVICES AND COMMUNITY HEALTH PROGRAMS, 6% FOR STAFF EDUCATION, 4% FOR BEHAVIORAL HEALTH PROGRAMS, 2% FOR CARDIOLOGY AND EMERGENCY SERVICES, 2% FOR EMPLOYEE HEALTH AND WELLNESS, AND 1% FOR PHYSICAL AND OCCUPATIONAL THERAPY PROGRAMS. SUPPORT FOR PROGRAMS THAT BENEFIT THE COMMUNITY, SUCH AS A CANCER PREVENTION SCREENING HEALTH EVENT FOR HMONG WOMEN OVER 50 YEARS OLD, OUTFITTING NEW AMBULANCE TRUCKS WITH AUTOMATED CPR DEVICES, CUSTOMIZING CANCER TREATMENTS TO THE UNIQUE DNA OF PATIENTS, AND BUILDING A CLINIC STAFFED BY MEDICAL RESIDENTS IN A LOCAL ELEMENTARY SCHOOL ARE A FEW EXAMPLES AMONG MANY EFFORTS MADE POSSIBLE WITH PHILANTHROPIC DISTRIBUTIONS OF GUNDERSEN LUTHERAN MEDICAL FOUNDATION, INC.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $19,414,762
Program Service Revenue $15,322,597
Investment Income $1,760,261
Other Revenue $882,005
TOTAL REVENUE $37,379,625

Expense Breakdown

Grants Paid $3,779,998
Salaries & Benefits $0
Fundraising Expenses $1,873,379
Program Expenses $30,422,250
Other Expenses $31,846,015
TOTAL EXPENSES $35,626,013

Year-over-Year Comparison

2023 2022 Change
Revenue $37,379,625 $23,510,404 +0.6%
Expenses $35,626,013 $25,343,177 +0.4%
Net Income $1,753,612 $-1,832,773 -2.0%
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
15
Independent Members
8
Employees
N/A
Volunteers
492

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
7
$2,635,402
Total Directors
18
$2,533,020
Key Employees
6
$2,636,643
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATHY WIESER BOARD OF DIRECTORS - SECRETARY 2.0
Officer Director
$0 $0 $0
LYNNETTA KOPP BOARD OF DIRECTORS - VICE CHAIR 2.0
Officer Director
$0 $0 $0
MIKE BINSFELD BOARD OF DIRECTORS - TREASURER 2.0
Officer Director
$0 $0 $0
STEPHEN SHAPIRO MD BOARD OF DIRECTORS - CHAIRMAN, MEDICAL PARTNER 2.0
Officer Director
$0 $69,648 $589,136
ALLAN SCHILLING BOARD OF DIRECTORS - MEMBER 2.0
Director
$0 $0 $0
ANDY FERGUSON BOARD OF DIRECTORS - MEMBER (BEGIN 9/24) 2.0
Director
$0 $0 $0
CHRISTOPHER BORN MD BOARD OF DIRECTORS - MEMBER 2.0
Director
$0 $0 $0
DARLA KRZOSKA BOARD OF DIRECTORS - MEMBER 2.0
Director
$0 $0 $0
DUSTIN CUNNINGHAM CFP BOARD OF DIRECTORS - MEMBER 2.0
Director
$0 $0 $0
GERALD ARNDT BOARD OF DIRECTORS - MEMBER 2.0
Director
$0 $0 $0
GREGORY MARSO CPA MBT BOARD OF DIRECTORS - MEMBER (THRU 6/24) 2.0
Director
$0 $0 $0
KELLEY BAHR MD BOARD OF DIRECTORS - MEMBER 2.0
Director
$0 $45,544 $473,538
LEAH REIMANN MD BOARD OF DIRECTORS - MEMBER 2.0
Director
$0 $0 $0
LORI ROSENSTEIN MD BOARD OF DIRECTORS - MEMBER 2.0
Director
$0 $68,228 $628,804
ROSANNE SCHULZ MPH BOARD OF DIRECTORS - MEMBER (THRU 12/23) 2.0
Director
$0 $0 $0
SISTER MARY ANN GSCHWIND FSPA BOARD OF DIRECTORS - MEMBER 2.0
Director
$0 $0 $0
THOMAS KOSTER BOARD OF DIRECTORS - MEMBER 2.0
Director
$0 $0 $0
TREY FOLKERS MD BOARD OF DIRECTORS - MEMBER (THRU 9/24) 2.0
Director
$0 $70,278 $841,542
JOHN CEELEN CHIEF FINANCIAL OFFICER, TREASURER (BEGIN 2/24) 2.0
Officer
$0 $0 $0
SCOTT RATHGABER MD CHIEF EXECUTIVE OFFICER 2.0
Officer
$0 $68,728 $1,712,949
STEVE LITTLE INTERIM CHIEF FINANCIAL OFFICER, TREASURER (THRU 2/24) 2.0
Officer
$0 $0 $333,317
BENJAMIN JARMAN MD MEDICAL PARTNER OF MEDICAL EDUCATION 0.0
Key Emp
$0 $68,372 $540,797
JENNIFER KLEVEN MD MEDICAL PARTNER OF RESEARCH 0.0
Key Emp
$0 $49,697 $430,346
LINDSEY M PRESTON VICE PRESIDENT, GMF 0.0
Key Emp
$0 $51,838 $273,115
PRAVEEN CHOPRA EXECUTIVE LEADERSHIP TEAM MEMBER 0.0
Key Emp
$0 $70,973 $725,955
RANDI BERG MD MEDICAL PARTNER OF RTS 0.0
Key Emp
$0 $59,735 $301,425
TODD MAHR MD MEDICAL PARTNER OF PHILANTHROPY 0.0
Key Emp
$0 $64,849 $365,005
BARBARA A MILLER MEDICAL RESEARCH 0.0
Highest
$0 $43,934 $209,288
DARBY G OLDENBURG MEDICAL RESEARCH 0.0
Highest
$0 $45,069 $232,051
KAREN COWDEN DAHL MEDICAL RESEARCH 0.0
Highest
$0 $42,584 $225,818
PARAIC KENNY MEDICAL RESEARCH 0.0
Highest
$0 $48,287 $237,321
STEVEN LOVRICH MEDICAL RESEARCH 0.0
Highest
$0 $43,500 $215,179
BRIAN SIECK MD FORMER BOARD OF DIRECTORS - V CHAIRMAN, MEDICAL DOCTOR 0.0
$0 $69,087 $560,248
GERALD OETZEL FORMER CHIEF FINANCIAL OFFICER 0.0
$0 $18,108 $573,176
JULIO BIRD MD FORMER MEDICAL PARTNER OF RESEARCH THRU 21 0.0
$0 $0 $165,000
P MICHAEL JACOBS MD MEDICAL VICE PRESIDENT 0.0
$0 $38,355 $247,883
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 $37,379,625 $35,626,013 $97,312,057 $1,753,612
2023 $23,510,404 $25,343,177 $80,980,166 $-1,832,773
2022 $32,133,183 $30,210,899 $76,898,967 $1,922,284
2021 $52,203,030 $29,381,371 $92,389,553 $22,821,659
2020 $29,882,128 $29,070,251 $80,355,345 $811,877
2019 $31,593,864 $28,776,699 $73,643,708 $2,817,165
2018 $28,080,045 $27,879,268 $60,941,458 $200,777
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