LA CROSSE MEDICAL HEALTH SCIENCE CONSORTIUM INC

EIN: 391804725 501(c)(3) Education

LA CROSSE, WI

Total Revenue
$1,904,008
Total Expenses
$2,160,542
Total Assets
$13,725,125
Net Assets
$12,400,603
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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
1993
Legal Domicile
WI
Principal Officer
CATHERINE KOLKMEIER
Phone
6087855150
Tax Period
2023-07-01 to 2024-06-30

LA CROSSE MEDICAL HEALTH SCIENCE CONSORTIUM INC, founded in 1993, is a community nonprofit in the Education sector that reported $1.9M in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $2.2M exceeded revenue, resulting in a 13% operating deficit.

Mission

LA CROSSE MEDICAL HEALTH SCIENCE CONSORTIUM, INC. (THE "CONSORTIUM") WAS FORMED FOR THE PURPOSE OF IMPLEMENTING AND MANAGING COLLABORATIVE INITIATIVES FOCUSED TOWARD MEETING COMMUNITY AND REGIONAL NEEDS THROUGH ENHANCING HEALTH CARE, STRENGTHENING MEDICAL HEALTH SCIENCE EDUCATION, AND SOLIDIFYING INTERACTIVE RESEARCH INITIATIVES WITHIN THE CLINICAL SCIENCES. THE CONSORTIUM REPRESENTS AN ALLIANCE BETWEEN A PUBLIC UNIVERSITY, A VOCATIONAL COLLEGE, AN INDEPENDENT UNIVERSITY, AND TWO MEDICAL CENTERS.

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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 $605,106
Program Service Revenue $1,050,108
Investment Income $26,076
Other Revenue $222,718
TOTAL REVENUE $1,904,008

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $2,099,531
Other Expenses $2,160,542
TOTAL EXPENSES $2,160,542

Year-over-Year Comparison

2023 2022 Change
Revenue $1,904,008 $1,669,197 +0.1%
Expenses $2,160,542 $2,211,948 0.0%
Net Income $-256,534 $-542,751 -0.5%
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
11
Independent Members
11
Employees
N/A
Volunteers
11

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
4
$75,951
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEVIN DEAN PRESIDENT 1.00
Officer Director
$0 $0 $0
SCOTT RATHGABER VP/SECRETARY 1.00
Officer Director
$0 $0 $0
ROBERT HETZEL TREASURER 1.00
Officer Director
$0 $0 $0
JU KIM DIRECTOR 1.00
Director
$0 $0 $0
TANNER HOLST DIRECTOR 1.00
Director
$0 $0 $0
AARON ENGEL DIRECTOR 1.00
Director
$0 $0 $0
MEGAN SMITH DIRECTOR 1.00
Director
$0 $0 $0
ROGER STANFORD DIRECTOR 1.00
Director
$0 $0 $0
KRAIG SCHUSTER DIRECTOR 1.00
Director
$0 $0 $0
AUDRA MARTINE DIRECTOR 1.00
Director
$0 $0 $0
CAROLYN FLOCK DIRECTOR 1.00
Director
$0 $0 $0
CATHERINE KOLKMEIER EXECUTIVE DIRECTOR 40.00
Officer
$0 $0 $75,951
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 $1,904,008 $2,160,542 $13,725,125 $-256,534
2023 $1,524,185 $2,066,936 $14,224,089 $-542,751
2023 $1,669,197 $2,211,948 $14,224,089 $-542,751
2022 $1,679,469 $2,039,035 $15,000,682 $-359,566
2021 $1,509,206 $1,916,375 $13,920,244 $-407,169
2020 $1,964,261 $2,035,424 $14,124,533 $-71,163
2019 $1,725,569 $1,958,249 $14,748,582 $-232,680
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