Froedtert South Inc
90% goes to programs $0 to raise $100 Strong reserves Growing revenue
Froedtert South Inc is a 501(c)(3) organization based in Kenosha, Wisconsin, registered in 1938, with $486,946,600 in FY2024 revenue. CharityIndex grades it A, and it directs about 90% of spending to programs.
6308 8th Ave, Kenosha, WI, 53143 EIN 39-0816845 Since 1938
Revenue (FY2024)
$486.9M
▲ 14.8% vs prior year
Health median: $840K
Expenses (FY2024)
$466.8M
Net assets
$639.3M
Employees
2,468
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating90% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Froedtert South Inc: 90% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating16 mo reserves · +4% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Froedtert South Inc: 16 mo reserves · +4% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Froedtert South Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Froedtert South Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Froedtert south, inc. is a comprehensive regional healthcare system that has served southeastern wisconsin and northern illinois communities for more than 100 years. froedtert south provides services primarily through the froedtert kenosha hospital and the froedtert pleasant prairie hospital and several other clinic locations.we, at froedtert south, are committed to living out the healing ministries of the judeo-christian faiths by providing exceptional and compassionate healthcare services that promotes the dignity and well being of the people we serve. this is our mission and our reason for being.
Contact & location
- Address
- 6308 8th Ave, Kenosha, WI, 53143
- City
- Kenosha
- State
- Wisconsin
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $332.9M (FY2013) to $486.9M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $88.6MNet assets $639.3M
Operating margin
4.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$727.8M
Total liabilities
$88.6M
Net assets
$639.3M
Salaries & benefits
$218.1M
47% of expenses
Board members
13
8 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $486,946,600▲14.8% | $466,789,306▲16.4% | $639,253,424▲7.5% | $727,819,306▲8.8% | 990 |
| 2023 | $424,010,424▲10.8% | $401,006,554▲9.7% | $594,840,014▲8.0% | $668,655,400▲9.6% | 990 |
| 2022 | $382,699,208▼0.5% | $365,709,990▲1.3% | $550,682,777▲6.1% | $610,231,065▲6.3% | 990 |
| 2021 | $384,453,377▼0.8% | $361,156,375▲3.8% | $518,798,606▲9.0% | $573,917,725▼1.9% | 990 |
| 2020 | $387,562,695▲18.0% | $347,956,123▲3.7% | $476,107,129▲6.5% | $585,029,294▲10.5% | 990 |
| 2019 | $328,324,700▼4.3% | $335,404,535▲2.1% | $446,981,547▲1.7% | $529,495,112▼0.8% | 990 |
| 2018 | $343,231,904▲3.1% | $328,405,717▲3.8% | $439,358,929▼0.4% | $533,648,652▲0.9% | 990 |
| 2017 | $333,021,514▼22.9% | $316,341,380▲0.9% | $441,124,300▲29.2% | $528,977,325▲16.0% | 990 |
| 2016 | $432,200,914▲32.6% | $313,542,856▲4.0% | $341,523,105▲32.3% | $455,964,800▲16.2% | 990 |
| 2015 | $325,938,865▲1.9% | $301,597,421▲4.2% | $258,138,230▼10.1% | $392,516,348▲1.7% | 990 |
| 2014 | $319,948,868▼3.9% | $289,450,760 | $287,004,624▲0.1% | $385,840,916▲5.1% | 990 |
| 2013 | $332,940,647 | $289,578,986▲1.5% | $286,799,781▲10.6% | $366,965,337▲6.7% | 990 |
| 2012 | — | $285,169,194▲2.8% | $259,399,460▲26.6% | $343,768,720▲6.2% | 990 |
| 2011 | — | $277,411,797▲4.0% | $204,817,815▼11.4% | $323,780,841▲3.9% | 990 |
| 2010 | — | $266,803,646▲6.5% | $231,229,018▲25.6% | $311,712,686▲6.6% | 990 |
| 2009 | — | $250,431,375 | $184,140,448 | $292,432,389 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Richard O Schmidt Jr — $1,739,035 (0.37% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Richard O Schmidt Jr | President/ceo/director | 45 | $1,739,035 |
| David A Knight | Physician | 40 | $1,304,033 |
| Brian C Hill | Physician | 40 | $1,075,272 |
| Goya V Raikar | Physician | 40 | $1,031,906 |
| Mario Garretto Md | Director/physician | 40 | $892,364 |
| Syed K Mehdi | Physician | 40 | $835,401 |
| George T Poullette | Physician | 40 | $825,364 |
| Linda Wohlgemuth | Asst Secretary/svp-coo | 45 | $766,725 |
| Thomas Kelley | Asst Treasurer/vp-cfo | 45 | $738,126 |
| Thomas Ambro Md | Director/physician | 40 | $512,806 |
| Susan Ventura | Svp/coo | 45 | $375,468 |
| Brian Albrecht | Director | 2 | — |
| Bryce Gartland | Director (from Apr 2025) | 2 | — |
| David R Riley | Director | 2 | — |
| Gary Zaid Md | Director | 2 | — |
| Ian Schwartz | Director (thru April 2025) | 2 | — |
| Imran Andrabi | Director (from July 2024) | 2 | — |
| Melissa Thompson | Director (from Jan 2025) | 2 | — |
| Michael Pitts | Director | 2 | — |
| Mike Gentile | Chairman | 2 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Vituity-wi Anesthesia | Medical Services Staff | $7,606,216 |
| Aya Healthcare | Medical Services Staff | $4,374,624 |
| Aerotek Commercial Staffinf Services | Environmental Services | $4,255,790 |
| Fusion Medical Staffing LLC | Medical Services Staff | $4,219,715 |
| Amergis | Medical Services Staff | $2,966,952 |
Grants received · $28K total
2 grants to Froedtert South Inc totaling $28K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $18,700 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2018 | $9,765 |
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Frequently asked questions
- Is Froedtert South Inc a legitimate nonprofit?
- Yes. Froedtert South Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 39-0816845, based in Kenosha, Wisconsin. Donations are tax-deductible.
- What is Froedtert South Inc's EIN?
- Froedtert South Inc's Employer Identification Number (EIN) is 39-0816845.
- How much revenue does Froedtert South Inc report?
- Froedtert South Inc reported $486,946,600 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Froedtert South Inc's spending goes to programs?
- Froedtert South Inc spends about 90% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Froedtert South Inc have?
- CharityIndex grades Froedtert South Inc A, based on program efficiency and fundraising cost.
- How much does Froedtert South Inc's highest-paid employee make?
- The highest reported compensation on Froedtert South Inc's latest Form 990 is $1,739,035, paid to Richard O Schmidt Jr (President/ceo/director).
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Data for Froedtert South Inc (EIN 39-0816845) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.