Holy Family Memorial Inc
78% goes to programs $0 to raise $100 Declining revenue
Holy Family Memorial Inc is a 501(c)(3) organization based in Manitowoc, Wisconsin, registered in 1937, with $88,322,618 in FY2023 revenue. CharityIndex grades it C+, and it directs about 78% of spending to programs.
Po Box 1450, Manitowoc, WI, 54221 EIN 39-0806395 Since 1937
Revenue (FY2023)
$88.3M
▼ 4.3% vs prior year
Health median: $840K
Expenses (FY2023)
$111.7M
Net assets
$12.8M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
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 →B+Program efficiency40% of the rating78% 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 Holy Family Memorial Inc: 78% to programs · $0 to raise $100 earns a B+ on this criterion. See the exact thresholds →
DFinancial health25% of the rating1 mo reserves · -26% 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 Holy Family Memorial Inc: 1 mo reserves · -26% margin earns a D 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 Holy Family Memorial Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 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 Holy Family Memorial Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Holy family memorial professionals serve residents of manitowoc county. rooted in the healing ministry of jesus christ, we help individuals to achieve healthier lives.
What they do
Intercompany revenue: revenue that comes from related froedtert companies or activities due to activity restructuring moves; allocated revenue: revenue derived from a related company to offset expense of shared activities; cafeteria: cafeteria receipts and guest trays; all other revenue: contains miscellaneous service fees.
Contact & location
- Address
- Po Box 1450, Manitowoc, WI, 54221
- City
- Manitowoc
- State
- Wisconsin
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $136.9M (FY2013) to $88.3M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $24.1MNet assets $12.8M
Operating margin
-26.5%
Spent more than it raised in the latest fiscal year.
Total assets
$36.9M
Total liabilities
$24.1M
Net assets
$12.8M
Salaries & benefits
$46.9M
42% of expenses
Board members
14
9 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $88,322,618▼4.3% | $111,712,816▼5.8% | $12,825,859▼53.7% | $36,902,936▼6.2% | 990 |
| 2022 | $92,273,059▼16.8% | $118,572,494▼19.1% | $27,674,638▼25.5% | $39,328,429▼16.9% | 990 |
| 2021 | $110,914,142▼9.8% | $146,485,578▲16.4% | $37,133,119▼66.5% | $47,324,620▼73.7% | 990 |
| 2020 | $122,954,720▼1.0% | $125,825,045▲2.2% | $110,695,705▼3.8% | $179,865,777▼2.2% | 990 |
| 2019 | $124,147,621▲2.6% | $123,143,554▼9.9% | $115,057,550▲10.1% | $183,919,607▲3.8% | 990 |
| 2018 | $120,949,303▼3.8% | $136,647,500▲5.7% | $104,531,653▼17.6% | $177,191,853▼10.3% | 990 |
| 2017 | $125,691,742▼5.3% | $129,319,327▲2.6% | $126,786,537▲2.3% | $197,622,136▲4.0% | 990 |
| 2016 | $132,705,954▼1.1% | $126,065,219▼2.0% | $123,885,340▲6.8% | $190,102,873▲10.0% | 990 |
| 2015 | $134,230,652▲1.7% | $128,654,445▲0.9% | $115,972,507▼0.2% | $172,821,455▼2.4% | 990 |
| 2014 | $132,045,126▼3.6% | $127,558,689▼3.7% | $116,187,718▲3.2% | $176,983,319▲0.2% | 990 |
| 2013 | $136,936,736 | $132,454,932▲4.0% | $112,574,263▲7.9% | $176,647,204▲3.9% | 990 |
| 2012 | — | $127,400,017▲0.4% | $104,311,218▲5.3% | $170,044,589▲0.5% | 990 |
| 2011 | — | $126,955,138▼0.4% | $99,014,219▲5.6% | $169,230,414▲2.2% | 990 |
| 2010 | — | $127,423,868 | $93,735,787 | $165,522,146 | 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 (FY2023)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Adam Smith | Treasurer | 1 | — |
| Allen Ericson | Director & Sjh President | 1 | — |
| Arlene Guzman | Director (start Jul23) | 1 | — |
| Brandon Bartow | Director (start Jul23) | 1 | — |
| Candice Giesen | Director | 1 | — |
| Charles Krueger | Director & Bod V. Chair | 1 | — |
| Frank Soltys | Director (start Jul23) | 1 | — |
| Genevieve Shields | Director & Bod Chair | 1 | — |
| Jeffrey Van De Kreeke | Former - Officer (treas) | 0 | — |
| Margaret Klatt Md | Director & Doctor | 50 | — |
| Marilyn A Kaufmann Phd Rn | Director | 1 | — |
| Mark Behl | Director & Evp/ftch Coo (term Sep23) | 1 | — |
| Matthew Campbell Md | Director & Doctor | 50 | — |
| Paul Carlsen Phd | Director (start Jul23) | 1 | — |
| Ryan Neville | Director & President (start Aug23) | 50 | — |
| Sister Mary Frances Maher | Director | 1 | — |
| Sister Nancy Kinate | Director & Bod Secretary | 1 | — |
| Steven Little | Former - Officer (pres) | 50 | — |
| Thomas Veeser | Director & Interim President (term Aug23) | 50 | — |
Top vendors & contractors (FY2021)
| Contractor | Services | Paid |
|---|---|---|
| Xtend Healthcare LLC | Billing Services | $3,907,054 |
| Rightsourcing Inc | Staffing Services | $1,906,861 |
| Medical Solutions LLC | Staffing Services | $1,781,224 |
| Bellin Memorial Hospital Inc | Professional Svcs | $902,295 |
| Completerx Ltd | Pharmacy Services | $849,167 |
Grants received · $33K total
2 grants to Holy Family Memorial Inc totaling $33K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Patient Access Network Foundation | Patient assistance | 2015 | $27,051 |
| Patient Access Network Foundation | Patient assistance | 2014 | $5,899 |
Grants made · $27K in FY2023
3 grants totaling $27K in FY2023. All grants made by Holy Family Memorial Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Capitol Civic Centre Inc | To improve the centre's building | $15,000 |
| Progress Lakeshore Inc | General support and support for neighborhood development | $7,000 |
| City of Manitowoc | Support family aquatic center and senior center | $5,335 |
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Frequently asked questions
- Is Holy Family Memorial Inc a legitimate nonprofit?
- Yes. Holy Family Memorial Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 39-0806395, based in Manitowoc, Wisconsin. Donations are tax-deductible.
- What is Holy Family Memorial Inc's EIN?
- Holy Family Memorial Inc's Employer Identification Number (EIN) is 39-0806395.
- How much revenue does Holy Family Memorial Inc report?
- Holy Family Memorial Inc reported $88,322,618 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Holy Family Memorial Inc's spending goes to programs?
- Holy Family Memorial Inc spends about 78% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Holy Family Memorial Inc have?
- CharityIndex grades Holy Family Memorial Inc C+, based on program efficiency and fundraising cost.
- How much does Holy Family Memorial Inc's highest-paid employee make?
- The highest reported compensation on Holy Family Memorial Inc's latest Form 990 is $0, paid to Adam Smith (Treasurer).
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Data for Holy Family Memorial Inc (EIN 39-0806395) 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.