Ladd Memorial Hospital
82% goes to programs $0 to raise $100 Strong reserves
Ladd Memorial Hospital is a 501(c)(3) organization based in Osceola, Wisconsin, registered in 1958, with $62,813,907 in FY2024 revenue. CharityIndex grades it A, and it directs about 82% of spending to programs.
Po Box 218, Osceola, WI, 54020 EIN 39-0773970 Since 1958
Revenue (FY2024)
$62.8M
▲ 6.0% vs prior year
Health median: $840K
Expenses (FY2024)
$59.5M
Net assets
$52.9M
Employees
382
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 rating82% 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 Ladd Memorial Hospital: 82% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating11 mo reserves · +5% 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 Ladd Memorial Hospital: 11 mo reserves · +5% 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 Ladd Memorial Hospital: 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 Ladd Memorial Hospital: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Osceola medical center is a critical access hospital in nw wisconsin. as our mission statement describes, our role is to provide the highest quality of care to the communities we serve, improving the health and well being of our patients and the community. we do this by ensuring access to the highest quality of care, creating community partnerships to grow needed services, provide health education, provide resources, assist with economic and workforce development.
Contact & location
- Address
- Po Box 218, Osceola, WI, 54020
- City
- Osceola
- State
- Wisconsin
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $30.7M (FY2013) to $62.8M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $13.7MNet assets $52.9M
Operating margin
5.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$66.6M
Total liabilities
$13.7M
Net assets
$52.9M
Salaries & benefits
$27.8M
47% of expenses
Board members
13
13 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $62,813,907▲6.0% | $59,533,579▲18.2% | $52,910,176▲7.4% | $66,605,591▲3.0% | 990 |
| 2023 | $59,265,984▲10.9% | $50,362,090▲5.8% | $49,246,175▲24.1% | $64,635,830▲16.2% | 990 |
| 2022 | $53,420,765▼6.7% | $47,583,250▲8.3% | $39,686,315▲14.7% | $55,634,810▲10.7% | 990 |
| 2021 | $57,263,610▲37.3% | $43,930,303▲7.3% | $34,591,083▲62.4% | $50,238,162▲9.2% | 990 |
| 2020 | $41,699,342▲6.5% | $40,948,564▲5.8% | $21,303,746▲3.6% | $46,005,640▲19.5% | 990 |
| 2019 | $39,144,376▲9.4% | $38,699,032▲1.2% | $20,560,571▲2.8% | $38,495,361▼3.1% | 990 |
| 2018 | $35,765,952▲2.9% | $38,222,749▲11.6% | $19,992,082▼11.6% | $39,730,686▼7.6% | 990 |
| 2017 | $34,766,919▼0.2% | $34,238,009 | $22,608,230▲2.6% | $43,017,472▼1.0% | 990 |
| 2016 | $34,838,079▲2.1% | $34,234,920▲4.1% | $22,034,592▲3.1% | $43,467,486▲1.0% | 990 |
| 2015 | $34,107,435▲1.9% | $32,880,198▲7.0% | $21,363,995▲5.6% | $43,017,446▼0.4% | 990 |
| 2014 | $33,473,646▲9.1% | $30,730,577▲2.7% | $20,234,284▲15.4% | $43,189,092▲4.9% | 990 |
| 2013 | $30,676,978 | $29,924,148▲1.6% | $17,529,507▲4.6% | $41,176,366▼0.6% | 990 |
| 2012 | — | $29,449,077▲7.8% | $16,757,542▲17.7% | $41,433,071▲4.8% | 990 |
| 2011 | — | $27,319,713▲11.1% | $14,232,196▲6.8% | $39,530,309▲10.1% | 990 |
| 2010 | — | $24,585,564 | $13,322,352 | $35,897,258 | 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: Mitchell Thompson — $471,811 (0.79% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Mitchell Thompson | Podiatrist | 40 | $471,811 |
| Kelly Macken-marble | Ceo | 40 | $360,783 |
| Michael Schneider | Physician | 40 | $331,492 |
| David Frenz Md | Cmo | 20 | $278,833 |
| William Ryan | Provider | 40 | $213,149 |
| Misty Charlier | Cao | 40 | $192,997 |
| Caroline Jarrell | Director of Information Services | 40 | $191,912 |
| Megan Sandgren | Cro | 40 | $168,106 |
| Jeanette Boissy | Registered Nurse | 40 | $161,945 |
| Tammy Walsh | Cfo (thru Mar 2024) | 40 | $108,654 |
| Anne Marie Pueshner | Chairperson | 1 | — |
| Becky Styles | Secretary | 1 | — |
| Deborah Peters | Vice-chairperson (termed) | 1 | — |
| Emily Blomberg | Board Member | 1 | — |
| Erik Severson Md | Board Member (termed) | 1 | — |
| Felix Blanco Md | Board Member | 1 | — |
| Greg Kumlien Dc | Board Member | 1 | — |
| John Clark | Board Member | 1 | — |
| John Gearin | Board Member | 1 | — |
| Josiah Williams | Board Member | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Healthpartners | Physicians | $3,641,113 |
| Ochin | Software Build/software | $2,158,767 |
| River Valley Anesthesia | Crna Services | $1,020,148 |
| Athena Health | Software/revenue Cycle Services | $959,645 |
| Twin Cities Orthopedics | Orthopedic Services | $851,057 |
Grants received · $7,189 total
1 grant to Ladd Memorial Hospital totaling $7,189, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Mightycause Charitable Foundation | Unrestricted | 2020 | $7,189 |
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Compare Ladd Memorial Hospital
Frequently asked questions
- Is Ladd Memorial Hospital a legitimate nonprofit?
- Yes. Ladd Memorial Hospital is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 39-0773970, based in Osceola, Wisconsin. Donations are tax-deductible.
- What is Ladd Memorial Hospital's EIN?
- Ladd Memorial Hospital's Employer Identification Number (EIN) is 39-0773970.
- How much revenue does Ladd Memorial Hospital report?
- Ladd Memorial Hospital reported $62,813,907 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Ladd Memorial Hospital's spending goes to programs?
- Ladd Memorial Hospital spends about 82% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Ladd Memorial Hospital have?
- CharityIndex grades Ladd Memorial Hospital A, based on program efficiency and fundraising cost.
- How much does Ladd Memorial Hospital's highest-paid employee make?
- The highest reported compensation on Ladd Memorial Hospital's latest Form 990 is $471,811, paid to Mitchell Thompson (Podiatrist).
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Data for Ladd Memorial Hospital (EIN 39-0773970) 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.