Gundersen Clinic Ltd is a 501(c)(3) organization based in La Crosse, Wisconsin, registered in 1989, with $244,302,568 in FY2023 revenue. CharityIndex grades it C, and it directs about 89% of spending to programs.
Revenue (FY2023)
$244.3M
▲ 20.8% vs prior year
Health median: $840K
Expenses (FY2023)
$327.5M
Net assets
-$822.5M
Employees
0
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 Gundersen Clinic Ltd: 89% to programs · $0 to raise $100 earns a C+ on this criterion. See the exact thresholds →
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 Gundersen Clinic Ltd: 0 mo reserves · -34% margin earns a F on this criterion. See the exact thresholds →
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 Gundersen Clinic Ltd: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
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 Gundersen Clinic Ltd: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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See schedule o
Revenue grew from $193.8M (FY2013) to $244.3M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
-34.0%
Spent more than it raised in the latest fiscal year.
Total assets
$220.1M
Total liabilities
$1.0B
Net assets
-$822.5M
Salaries & benefits
$0
0% of expenses
Board members
9
0 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $244,302,568▲20.8% | $327,479,756▲20.5% | -$822,543,916▼22.4% | $220,088,578▲10.7% | 990 |
| 2022 | $202,179,692▲18.8% | $271,698,125▲18.6% | -$672,283,548▼11.7% | $198,877,511▲1.1% | 990 |
| 2021 | $170,123,058▲6.9% | $229,129,867▼15.1% | -$602,102,345▼10.9% | $196,742,108▼6.7% | 990 |
| 2020 | $159,193,400▼3.0% | $269,927,525▲6.7% | -$542,845,872▼25.6% | $210,830,345▼5.1% | 990 |
| 2019 | $164,171,225▲3.0% | $252,921,512▲4.0% | -$432,188,585▼25.8% | $222,201,328▲13.7% | 990 |
| 2018 | $159,351,688▼23.1% | $243,203,980▲23.8% | -$343,608,327▼32.3% | $195,462,356▲8.8% | 990 |
| 2017 | $207,154,964▲11.8% | $196,443,609▲9.7% | -$259,726,424▲3.9% | $179,574,945▼4.7% | 990 |
| 2016 | $185,276,248▲9.1% | $179,144,818▼5.4% | -$270,369,847▲2.2% | $188,524,543▲7.1% | 990 |
| 2015 | $169,843,167▼8.2% | $189,332,338▼14.0% | -$276,488,881▼7.6% | $176,008,200▲1.7% | 990 |
| 2014 | $184,928,657▼4.6% | $220,141,837▼46.8% | -$256,999,710▼15.9% | $173,141,808▲0.7% | 990 |
| 2013 | $193,786,436 | $413,810,554▼23.9% | -$221,786,530▼12484% | $171,892,241▼57.1% | 990 |
| 2012 | — | $543,646,296▲1.5% | -$1,762,412▼107% | $401,080,849▼0.7% | 990 |
| 2011 | — | $535,737,621▲3.4% | $25,452,631▼23.0% | $403,938,911▲6.6% | 990 |
| 2010 | — | $518,251,155 | $33,051,854 | $378,967,775 | 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.
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Azene Ezana Md | Medical Governors - Secretary & Treasurer | 2 | — |
| Benjamin Jarman Md | Medical Governors - Member | 2 | — |
| Benjamin Orozco Md | Medical Governors - Member | 2 | — |
| Christopher Eberlein Md | Medical Governors - Member | 2 | — |
| Elizabeth Cogbill Md | Medical Governors - Member (begin 1/23) | 2 | — |
| Gerald Oetzel | Chief Financial Officer and Treasurer Thru 8/23 | 0 | — |
| Jennifer Kleven Md | Medical Governors - Chair | 2 | — |
| Robyn Borge Md | Medical Governors - Member | 2 | — |
| Scott Rathgaber Md | Ceo, Chairman | 0 | — |
| Stephanie Carroll Md | Medical Governors - Member (begin 1/23) | 2 | — |
| Steve Little | Interim Chief Financial Officer and Treasurer Begin 8/23 | 0 | — |
| Trey Folkers Md | Medical Governors - Member (begin 1/23) | 2 | — |
| Contractor | Services | Paid |
|---|---|---|
| Gundersen Lutheran Admin Services Inc | Services / Supplies | — |
10 grants to Gundersen Clinic Ltd totaling $138K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Mayo Clinic Group Return | Support charitable programs | 2024 | $5,700 |
| Mayo Clinic Group Return | Support research program | 2023 | $9,915 |
| Mayo Clinic Group Return | Support charitable programs | 2022 | $14,550 |
| Mayo Clinic Group Return | Support charitable programs | 2021 | $10,595 |
| Mayo Clinic Group Return | Support charitable programs | 2020 | $15,135 |
| Delta Dental of Wisconsin Inc | Covid-19 practice recovery supplement program grant | 2020 | $9,010 |
| Delta Dental of Wisconsin Inc | Covid-19 practice recovery supplement program grant | 2020 | $7,940 |
| Mayo Clinic Group Return | Support charitable programs | 2019 | $25,044 |
| Mayo Clinic Group Return | Support charitable programs | 2018 | $26,397 |
| Mayo Clinic Group Return | Support charitable programs | 2017 | $13,290 |
2 grants totaling $2.3M in FY2023. All grants made by Gundersen Clinic Ltd →
| Recipient | Purpose | Amount |
|---|---|---|
| Gundersen Lutheran Medical Foundation Inc | Operations support | $1,309,464 |
| Gundersen Lutheran Medical Foundation Inc | Operations support | $979,407 |
Explore more
Data for Gundersen Clinic Ltd (EIN 39-1028657) 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.