Reedsburg Area Medical Center Inc
90% goes to programs Strong reserves
Reedsburg Area Medical Center Inc is a 501(c)(3) organization based in Reedsburg, Wisconsin, registered in 1968, with $111,588,700 in FY2023 revenue. CharityIndex grades it A, and it directs about 90% of spending to programs.
2000 N Dewey Ave, Reedsburg, WI, 53959 EIN 39-1091432 Since 1968
Revenue (FY2023)
$111.6M
▲ 7.8% vs prior year
Health median: $840K
Expenses (FY2023)
$108.5M
Net assets
$72.5M
Employees
752
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
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 Reedsburg Area Medical Center Inc: 90% to programs earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating8 mo reserves · +3% 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 Reedsburg Area Medical Center Inc: 8 mo reserves · +3% 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 Reedsburg Area Medical Center 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 Reedsburg Area Medical Center Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Provide quality, compassionate, & effective health care going beyond the expected in all we do.
What they do
Reedsburg area medical center community pharmacy is conveniently located on the ramc campus within the ramc physician's group while ramc viking pharmacy is located within a local grocery store. both pharmacies are open to all members of the public. patients can fill/refill prescriptions at their convenience and as it fits into their schedules. automated services make it easy to call in and pick up refills and request refills through mychart. in addition to filling prescriptions, both pharmacies offer an extensive array of over-the-counter medications, vitamins and supplements, first aid needs and personal items.
Contact & location
- Address
- 2000 N Dewey Ave, Reedsburg, WI, 53959
- City
- Reedsburg
- State
- Wisconsin
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $59.8M (FY2013) to $111.6M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $69.5MNet assets $72.5M
Operating margin
2.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$142.0M
Total liabilities
$69.5M
Net assets
$72.5M
Salaries & benefits
$58.6M
54% of expenses
Board members
9
8 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $111,588,700▲7.8% | $108,515,136▲7.7% | $72,548,988▲13.4% | $142,027,529▲24.7% | 990 |
| 2022 | $103,503,116▲1.7% | $100,761,358▲4.1% | $63,950,888▲8.5% | $113,873,746▲4.3% | 990 |
| 2021 | $101,794,489▲1.7% | $96,795,470▲4.6% | $58,928,431▼3.6% | $109,133,563▼8.3% | 990 |
| 2020 | $100,123,235▲16.4% | $92,554,296▲8.5% | $61,138,475▲19.3% | $119,002,256▲3.4% | 990 |
| 2019 | $85,985,153▲14.5% | $85,312,139▲9.4% | $51,242,833▲3.8% | $115,043,817▲12.1% | 990 |
| 2018 | $75,106,494▲0.9% | $77,995,121▲2.0% | $49,352,750▼5.3% | $102,589,054▼1.7% | 990 |
| 2017 | $74,406,264▲3.5% | $76,458,332▲10.2% | $52,106,982▼4.5% | $104,334,269▲27.3% | 990 |
| 2016 | $71,864,384▼0.1% | $69,358,912▲1.9% | $54,544,063▲7.1% | $81,960,325▲3.7% | 990 |
| 2015 | $71,944,838▲9.1% | $68,092,477▲9.8% | $50,933,022▲10.8% | $79,021,118▲2.8% | 990 |
| 2014 | $65,918,010▲10.2% | $61,995,971▲12.9% | $45,955,352▲6.6% | $76,894,045▲8.3% | 990 |
| 2013 | $59,831,118 | $54,923,533▲19.0% | $43,093,414▲14.2% | $71,006,994▲9.0% | 990 |
| 2012 | — | $46,146,198▲3.8% | $37,746,248▲6.4% | $65,136,935▲2.3% | 990 |
| 2011 | — | $44,470,885▲3.3% | $35,462,799▲9.5% | $63,644,587▲4.8% | 990 |
| 2010 | — | $43,070,369▲7.6% | $32,387,226▲2.1% | $60,753,708▼1.1% | 990 |
| 2009 | — | $40,038,906 | $31,720,693 | $61,451,815 | 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)
Highest-paid: Matthew Niesen — $967,905 (0.89% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Matthew Niesen | Physician | 40 | $967,905 |
| Christopher Wenninger Md | Medical Advisor/trustee | 40 | $900,285 |
| Christopher Dale Md | Physician | 40 | $685,614 |
| Christine Trautman | Physician | 40 | $520,724 |
| Anthony Ruzga | Physician | 40 | $502,437 |
| Robert Van Meeteren | Ceo / President | 40 | $480,208 |
| Benjamin Nesseim | Physician | 40 | $381,907 |
| Christopher Bjorklund | Anesthesiologist/foundation Liaison | 40 | $377,210 |
| Barry Borchert | Cfo | 40 | $303,364 |
| Derek Horkan | Trustee | 0.5 | $1,450 |
| Raynelle Syftestad | Secretary | 0.5 | $850 |
| Becky Peterson | Trustee | 0.5 | — |
| Don Lichte Jr | Trustee | 0.5 | — |
| Joel Groskreutz | Vice Chairperson | 0.5 | — |
| Julie Adelman | Chairperson | 0.5 | — |
| Kathy Reuter | Trustee | 0.5 | — |
| Kristi Brown | Treasurer | 0.5 | — |
| Richie Strutz | Trustee | 0.5 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Madison Emergency Physicians Sc | Physician Services | $3,107,070 |
| Shared Imaging Services | Medical Imaging Services | $1,668,341 |
| Beam Healthcare | Physician Services | $1,293,235 |
| Central Minnesota Diagnostics Inc | Medical Imaging Services | $946,385 |
| Marshfield Laboratories | Lab Analysis | $806,819 |
Grants received · $25K total
2 grants to Reedsburg Area Medical Center Inc totaling $25K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Thrivent Financial For Lutherans | General support | 2024 | $20,200 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $5,000 |
Grants made · $1.4M in FY2023
1 grant totaling $1.4M in FY2023. All grants made by Reedsburg Area Medical Center Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Reedsburg Area Senior Life Center Inc | General operations | $1,387,766 |
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Frequently asked questions
- Is Reedsburg Area Medical Center Inc a legitimate nonprofit?
- Yes. Reedsburg Area Medical Center Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 39-1091432, based in Reedsburg, Wisconsin. Donations are tax-deductible.
- What is Reedsburg Area Medical Center Inc's EIN?
- Reedsburg Area Medical Center Inc's Employer Identification Number (EIN) is 39-1091432.
- How much revenue does Reedsburg Area Medical Center Inc report?
- Reedsburg Area Medical Center Inc reported $111,588,700 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Reedsburg Area Medical Center Inc's spending goes to programs?
- Reedsburg Area Medical Center Inc spends about 90% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Reedsburg Area Medical Center Inc have?
- CharityIndex grades Reedsburg Area Medical Center Inc A, based on program efficiency and fundraising cost.
- How much does Reedsburg Area Medical Center Inc's highest-paid employee make?
- The highest reported compensation on Reedsburg Area Medical Center Inc's latest Form 990 is $967,905, paid to Matthew Niesen (Physician).
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Data for Reedsburg Area Medical Center Inc (EIN 39-1091432) 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.