Wisconsin · Michigan · Ranked 251 of 1033 by CEO pay.
Mchs Hospitals
Brian Hoerneman MD, Board Member/Interim Mchs CEO. Fiscal year ending 2024-12.
Form 990 Part VII, columns D+E+F
Schedule H Part I line 7a
The chief executive's title on the filing indicates a change during the year (BOARD MEMBER/INTERIM MCHS CEO); the pay shown is what the filing reports for that person, which may cover part of the year.
Most of the reported compensation ($1,584,168 of $1,623,181) came from a related organization (Part VII column E) and was reported on this filing.
Also listed with a chief executive title in the same filings: Susan Turney MD, Former Mchs CEO, $2,241,715. Where a chief executive retired during the year, the filing reports the final-year payout.
§1The filing
- Total revenue
- $1,911,663,770
- Total expenses
- $2,018,520,207
- Net assets
- −$97,242,941
- Employees
- 0
- Hospitals covered
- 11 facilities across 6 filings
- Charity care, net
- $12,001,840
- Bad debt
- $66,020,149
- Medicare surplus (shortfall), as filed
- ($38,345,886)
- CEO pay from the organization (Part VII col. D)
- $0
- From related organizations (col. E)
- $1,584,168
- Other compensation, including deferred pay and nontaxable benefits (col. F)
- $39,013
- CEO total compensation (D+E+F)
- $1,623,181 to Brian Hoerneman MD
Medicare surplus (shortfall) is Schedule H Part III line 7: Medicare revenue minus the cost of Medicare care. A figure in parentheses is a shortfall. Like bad debt, it is not community benefit on the IRS form.
Source: Form 990, Mchs Hospitals, EIN 81-0977948, fiscal year ending 2024-12, as published by the IRS. CEO identification: ceo title.
§2Community benefit versus charity care
The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($66.0M) and Medicare shortfall are reported separately by the IRS and are not community benefit on the form.
§3Filings in this system
| Filing entity | EIN | FY end | Revenue | Charity care | % of expenses | Filing |
|---|---|---|---|---|---|---|
| Mchs Hospitals Inc | 81-0977948 | 2024-12 | $1.5B | $10.2M | 0.66% | 990 |
| Dickinson County Healthcare System | 38-2780429 | 2024-12 | $144.3M | $8,378 | 0.01% | 990 |
| Lakeview Medical Center Inc of Rice Lake | 39-0837206 | 2024-12 | $140.0M | $698,284 | 0.50% | 990 |
| Beaver Dam Community Hospitals Inc | 39-1157876 | 2024-12 | $99.0M | $635,621 | 0.57% | 990 |
| Memorial Hospital Inc | 39-0806828 | 2024-12 | $37.3M | $225,364 | 0.63% | 990 |
| Flambeau Hospital Inc | 39-0973724 | 2024-12 | $35.1M | $216,441 | 0.71% | 990 |
Every number on this page was copied from the filing linked above. If a figure is wrong, send the filing that contradicts it and the correction runs at the top of this page.
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