ASCENSION MEDICAL GROUP-SOUTHEAST WISCONSIN INC

EIN: 391791586 501(c)(3) Health Care

ST LOUIS, MO

Total Revenue
$229,392,488
Total Expenses
$349,851,670
Total Assets
$85,515,957
Net Assets
$7,360,759
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
WI
Phone
3147338000
Tax Period
2022-07-01 to 2023-06-30

ASCENSION MEDICAL GROUP-SOUTHEAST WISCONSIN INC, founded in 1993, is a major nonprofit in the Health Care sector that reported $229.4M in total revenue in fiscal year 2022. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $349.9M exceeded revenue, resulting in a 53% operating deficit.

Mission

TO IMPROVE THE HEALTH AND WELL-BEING OF ALL PEOPLE IN THE COMMUNITIES WE SERVE.

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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 (2022)

Revenue Breakdown

Contributions & Grants $871,770
Program Service Revenue $227,489,440
Investment Income $10,523
Other Revenue $1,020,755
TOTAL REVENUE $229,392,488

Expense Breakdown

Grants Paid $0
Salaries & Benefits $230,702,036
Fundraising Expenses $0
Program Expenses $278,738,715
Other Expenses $119,149,634
TOTAL EXPENSES $349,851,670

Year-over-Year Comparison

2022 2021 Change
Revenue $229,392,488 $207,135,845 +0.1%
Expenses $349,851,670 $337,214,050 +0.0%
Net Income $-120,459,182 $-130,078,205 -0.1%
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

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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
N/A
Employees
1546
Volunteers
N/A

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
$2,971,840
Total Directors
11
$6,386,900
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A SECRETARY/TREASURER (START 10/2022) 0.0
Officer Director
$0 $28,899 $418,164
N/A CHAIR (END 4/2023) 0.0
Officer Director
$0 $43,362 $317,400
N/A INTERIM PRESIDENT (START 11/2022) 0.0
Officer Director
$0 $46,106 $539,284
N/A VICE CHAIR/PHYSICIAN 50.0
Officer Director
$386,706 $41,580 $428,286
N/A PRESIDENT (END 11/2022) 0.0
Officer Director
$0 $19,551 $586,203
N/A DIRECTOR 0.0
Director
$0 $46,587 $676,395
N/A DIRECTOR 0.0
Director
$0 $21,218 $149,983
N/A DIRECTOR (END 9/2022) 0.0
Director
$0 $40,554 $1,271,038
N/A DIRECTOR/PHYSICIAN 50.0
Director
$342,994 $16,842 $359,836
N/A DIRECTOR (END 3/2023) 0.0
Director
$0 $55,468 $1,146,845
N/A DIRECTOR (END 11/2022) 0.0
Director
$0 $41,292 $493,466
N/A CFO, MINISTRY MARKET/INTERIM CEO, MINISTRY MARKET (START 5/2023) 0.0
Officer
$0 $47,771 $682,503
N/A PHYSICIAN 50.0
Highest
$822,194 $46,937 $869,131
N/A PHYSICIAN 50.0
Highest
$844,645 $50,582 $895,227
N/A PHYSICIAN 50.0
Highest
$884,803 $32,321 $917,124
N/A PHYSICIAN 50.0
Highest
$994,141 $54,118 $1,048,259
N/A PHYSICIAN 50.0
Highest
$860,388 $32,005 $892,393
N/A FORMER OFFICER (END 9/2021) 0.0
$0 $54,290 $1,343,939
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 No data No data No data No data
2024 No data No data No data No data
2023 $229,392,488 $349,851,670 $85,515,957 $-120,459,182
2022 $207,135,845 $337,214,050 $87,261,142 $-130,078,205
2021 $197,316,646 $314,002,507 $90,094,194 $-116,685,861
2020 $198,223,554 $331,073,134 $61,223,571 $-132,849,580
2019 $200,178,718 $304,097,779 $57,095,014 $-103,919,061
2018 $209,019,827 $247,978,838 $52,638,320 $-38,959,011
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