Winona Health Services

EIN: 410713914 501(c)(3) Health Care

Winona, MN

Total Revenue
$110,470,074
Total Expenses
$117,949,378
Total Assets
$111,213,239
Net Assets
$50,016,672
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1894
Legal Domicile
MN
Principal Officer
Rachelle Heising-Schultz
Phone
5074543650
Tax Period
2023-10-01 to 2024-09-30

Winona Health Services, founded in 1894, is a major nonprofit in the Health Care sector that reported $110.5M in total revenue in fiscal year 2023.

Mission

To inspire, recognize, and empower the caregiver in all of us.

Program Service Accomplishments

Program 1
Expenses: $100,164,047 Revenue: $103,704,336

Winona Health Services (WHS), a 49-bed hospital, has provided care to its community and services from birth to death for 125 plus years. It is the sole community hospital in the Winona, Minnesota...

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Winona Health Services (WHS), a 49-bed hospital, has provided care to its community and services from birth to death for 125 plus years. It is the sole community hospital in the Winona, Minnesota area. In fiscal year 2024, WHS had 1,271 admissions, 177 births, 3,337 inpatient and outpatient surgeries, and 12,261 visits to the emergency room.To fulfill its mission of community service, the Corporation provides care to patients and residents who meet certain criteria under its charity care and community benefit policy without charge or at amounts less than its established rates. Because the Corporation does not pursue collection of amounts determined to qualify as charity care, (Continued on Schedule O)they are not reported as patient and resident service revenue.Charity Care: WHS provides medical care to the community regardless of an individual's ability to pay. The estimated cost of providing these services was approximately $279,000 for fiscal year 2024. In furtherance of its charitable purpose, the Corporation provides a wide variety of benefits to the community. These services and donations account for a measurable portion of the Corporation's costs and serve to promote healthy lifestyles, community development, health education, and affordable access to care.The Corporation maintains records to identify and monitor the level of community benefit services it provides. Those records include management's estimate of the cost to provide charity care, the cost of services and supplies furnished for community benefit programs and costs in excess of program payments for treating Medical Assistance patients.In addition to community benefit costs, the Corporation provides additional community contributions such as services to Medicare and Medicaid patients below the costs for treatment, other uncompensated care, discounted pricing to the uninsured, and pays taxes and fees

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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 $1,432,718
Program Service Revenue $106,129,156
Investment Income $3,234,928
Other Revenue $-326,728
TOTAL REVENUE $110,470,074

Expense Breakdown

Grants Paid $5,987
Salaries & Benefits $69,500,758
Fundraising Expenses $0
Program Expenses $100,164,047
Other Expenses $48,442,633
TOTAL EXPENSES $117,949,378

Year-over-Year Comparison

2023 2022 Change
Revenue $110,470,074 $111,121,466 0.0%
Expenses $117,949,378 $122,219,652 0.0%
Net Income $-7,479,304 $-11,098,186 -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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Governance

Voting Members
16
Independent Members
11
Employees
996
Volunteers
265

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
3
$870,964
Total Directors
17
$2,397,764
Key Employees
4
$1,066,480
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ken Mogren Chair 3.00
Officer Director
$0 $0 $0
Steve Blue Director 3.00
Director
$0 $0 $0
Matthew Broghammer MD Director 40.00
Director
$577,445 $93,153 $670,598
E Allen Beguin MD Director 40.00
Director
$274,105 $57,812 $331,917
Hugh Miller Director 3.00
Director
$0 $0 $0
Sandra Burke Director 3.00
Director
$0 $0 $0
Greg Evans Director 3.00
Director
$0 $0 $0
Nicholas Modjeski MD Director 40.00
Director
$252,641 $50,808 $303,449
Brian Semling Director 3.00
Director
$0 $0 $0
Robert Williams Director 3.00
Director
$0 $0 $0
David Vaselaar Director 3.00
Director
$0 $0 $0
Fatima Said Director 3.00
Director
$0 $0 $0
Todd Paulson Director 3.00
Director
$0 $0 $0
Dave Gilmer Director 3.00
Director
$0 $0 $0
Katrina Hammel MD Director 40.00
Director
$364,813 $69,860 $434,673
Toni Highum Director (Until Dec 23) 3.00
Director
$0 $0 $0
Rachelle Heising-Schultz President/CEO/Director 46.00
Officer Director
$598,839 $58,288 $657,127
Jessica Remington CFO/Treasurer 48.00
Officer
$185,124 $28,713 $213,837
Michael Donnenwerth Chief Medical Officer 40.00
Key Emp
$248,862 $50,910 $299,772
Sara Gabrick Chief Nursing Officer 40.00
Key Emp
$226,617 $36,177 $262,794
Robin Hoeg Chief Operating Officer 40.00
Key Emp
$225,765 $36,392 $262,157
Rebecca Lamberty Chief Administrative Officer 40.00
Key Emp
$227,646 $14,111 $241,757
Andrew Millis MD Orthopedic Physician 40.00
Highest
$1,096,515 $88,572 $1,185,087
George Ripeckyj MD Radiologist 40.00
Highest
$808,487 $46,415 $854,902
Chad Weaver MD Dermatologist 40.00
Highest
$644,474 $11,487 $655,961
Hans Serleth MD Surgeon 40.00
Highest
$581,768 $83,450 $665,218
Randall Norgard MD Orthopedic Physician 40.00
Highest
$165,160 $3,294 $168,454
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 $110,470,074 $117,949,378 $111,213,239 $-7,479,304
2023 $111,121,466 $122,219,652 $116,360,896 $-11,098,186
2022 $111,095,737 $113,594,647 $127,675,264 $-2,498,910
2021 $114,059,975 $112,110,844 $149,374,764 $1,949,131
2020 $108,835,112 $105,981,702 $125,104,382 $2,853,410
2019 $108,479,163 $111,569,620 $104,498,222 $-3,090,457
2018 $113,589,713 $113,465,260 $112,591,687 $124,453
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