Civic Intelligence

Holy Family Memorial Inc

EIN 39-0806395 • 501(c)3 • Manitowoc, WI

Profile

Holy family memorial is a network of health professionals who, rooted in the healing ministry of jesus christ, provide services to help individuals and our communities achieve healthier lives.

2300 Western Avenue PO Box 1450Manitowoc, WI 54221-1450

www.hfmhealth.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

80th percentile

0.65x

Higher debt load relative to assets than 80% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

44th percentile

0.27x

Higher debt load relative to revenue than 44% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Net Margin

8th percentile

-26%

Higher net margin than 8% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

98th percentile

$2,870,254

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 3.2% of source-year revenue.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Asset Growth

11th percentile

-6.2%

Faster asset growth than 11% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

21st percentile

-4.3%

Faster revenue growth than 21% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Assets

Down

$36,902,936

Down $2,425,493 (-6.2%) from 2023

Liabilities

Up

$24,077,077

Up $12,423,286 (+107%) from 2023

Net Assets

Down

$12,825,859

Down $14,848,779 (-54%) from 2023

Revenue

Down

$88,322,618

Down $3,950,441 (-4.3%) from 2023

Expenses

Down

$111,712,816

Down $6,859,678 (-5.8%) from 2023

Net Income

Up

-$23,390,198

Up $2,909,237 (+11%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200M$150M$100M$50M$0Assets 2010: $165,522,146Liabilities 2010: $71,786,359Net Assets 2010: $93,735,7872010Assets 2011: $169,230,414Liabilities 2011: $70,216,195Net Assets 2011: $99,014,2192011Assets 2012: $170,044,589Liabilities 2012: $65,733,371Net Assets 2012: $104,311,2182012Assets 2013: $176,647,204Liabilities 2013: $64,072,941Net Assets 2013: $112,574,2632013Assets 2014: $176,983,319Liabilities 2014: $60,795,601Net Assets 2014: $116,187,7182014Assets 2015: $172,821,455Liabilities 2015: $56,848,948Net Assets 2015: $115,972,5072015Assets 2016: $190,102,873Liabilities 2016: $66,217,533Net Assets 2016: $123,885,3402016Assets 2017: $197,622,136Liabilities 2017: $70,835,599Net Assets 2017: $126,786,5372017Assets 2018: $177,191,853Liabilities 2018: $72,660,200Net Assets 2018: $104,531,6532018Assets 2019: $183,919,607Liabilities 2019: $68,862,057Net Assets 2019: $115,057,5502019Assets 2020: $179,865,777Liabilities 2020: $69,170,072Net Assets 2020: $110,695,7052020Assets 2021: $64,042,070Liabilities 2021: $22,964,988Net Assets 2021: $41,077,0822021Assets 2022: $47,324,620Liabilities 2022: $10,191,501Net Assets 2022: $37,133,1192022Assets 2023: $39,328,429Liabilities 2023: $11,653,791Net Assets 2023: $27,674,6382023Assets 2024: $36,902,936Liabilities 2024: $24,077,077Net Assets 2024: $12,825,8592024

Highlighted filing

2024

Assets$36,902,936
Liabilities$24,077,077
Net Assets$12,825,859

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150M$100M$50M$0-$50MExpenses 2010: $127,423,8682010Expenses 2011: $126,955,1382011Expenses 2012: $127,400,0172012Revenue 2013: $136,936,736Expenses 2013: $132,454,932Net Income 2013: $4,481,8042013Revenue 2014: $132,045,126Expenses 2014: $127,558,689Net Income 2014: $4,486,4372014Revenue 2015: $134,230,652Expenses 2015: $128,654,445Net Income 2015: $5,576,2072015Revenue 2016: $132,705,954Expenses 2016: $126,065,219Net Income 2016: $6,640,7352016Revenue 2017: $125,691,742Expenses 2017: $129,319,327Net Income 2017: -$3,627,5852017Revenue 2018: $120,949,303Expenses 2018: $136,647,500Net Income 2018: -$15,698,1972018Revenue 2019: $124,147,621Expenses 2019: $123,143,554Net Income 2019: $1,004,0672019Revenue 2020: $122,954,720Expenses 2020: $125,825,045Net Income 2020: -$2,870,3252020Revenue 2021: $51,828,608Expenses 2021: $61,896,491Net Income 2021: -$10,067,8832021Revenue 2022: $110,914,142Expenses 2022: $146,485,578Net Income 2022: -$35,571,4362022Revenue 2023: $92,273,059Expenses 2023: $118,572,494Net Income 2023: -$26,299,4352023Revenue 2024: $88,322,618Expenses 2024: $111,712,816Net Income 2024: -$23,390,1982024

Highlighted filing

2024

Revenue$88,322,618
Expenses$111,712,816
Net Income-$23,390,198

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$36.9$24.1$12.8$88.3$112$23.4
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$39.3$11.7$27.7$92.3$119$26.3
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$47.3$10.2$37.1$111$146$35.6
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$64.0$23.0$41.1$51.8$61.9$10.1
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$180$69.2$111$123$126$2.87
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$184$68.9$115$124$123$1.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$177$72.7$105$121$137$15.7
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$198$70.8$127$126$129$3.63
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$190$66.2$124$133$126$6.64
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$173$56.8$116$134$129$5.58
2014Detailed filing. Detailed filing data is available for this year.$177$60.8$116$132$128$4.49
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$177$64.1$113$137$132$4.48
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$170$65.7$104$127
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$169$70.2$99.0$127
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$166$71.8$93.7$127
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 15, 2025
Return Version
2023v6.0
Gross Receipts
$90,697,646
Mission and Program Overview

Mission

Holy family memorial is a network of health professionals who, rooted in the healing ministry of jesus christ, provide services to help individuals and our communities achieve healthier lives.

Holy family memorial professionals serve residents of manitowoc county. Rooted in the healing ministry of jesus christ, we help individuals to achieve healthier lives.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$22,337,074$20,755,857▼ $1,581,217
Accounts Receivable$6,314,597$4,632,521▼ $1,682,076
Cash and Non-Interest-Bearing Accounts$1,904,424$2,121,195▲ $216,771
Inventories for Sale or Use$1,196,748$1,280,526▲ $83,778
Prepaid Expenses and Deferred Charges$179,446$264,913▲ $85,467
Investments in Publicly Traded Securities$12,069$23,839▲ $11,770
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0--
Investments Program Related$0--
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$39,328,429$36,902,936▼ $2,425,493
Other Assets Total$7,384,071$7,824,085▲ $440,014
Liabilities
Other Liabilities$9,203,365$22,336,791▲ $13,133,426
Accounts Payable and Accrued Expenses$2,363,882$1,673,447▼ $690,435
Deferred Revenue$86,544$66,839▼ $19,705
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$11,653,791$24,077,077▲ $12,423,286
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$23,871,138$8,595,885▼ $15,275,253
Net Assets With Donor Restrictions$3,803,500$4,229,974▲ $426,474
Total Net Assets Fund Balance$27,674,638$12,825,859▼ $14,848,779
Total Liabilities and Net Assets / Fund Balance$39,328,429$36,902,936▼ $2,425,493

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$7,656,899$11,903,000$19,559,899
Land$7,420,931-$7,420,931
Buildings$4,564,556$644,181$5,208,737
Other Land Buildings$941,313$263,830$1,205,143
Leasehold Improvements$172,158$19,129$191,287
Other Assets Org$695,932--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$3,803,500$72,505▲ $384,345$30,355$4,229,974
2023$3,499,233$26,642▲ $313,151$35,517$3,803,500
2022$3,974,887$70,890▼ $487,031$59,513$3,499,233
2021$3,888,220$14,813▲ $111,690$39,836$3,974,887
2020$3,792,351$170,642▲ $265,013$339,786$3,888,220
Compensation and Service Providers

Board Members and Trustees

NameTitle
Genevieve ShieldsDirector & BOD Chair
Charles KruegerDirector & BOD V. Chair
Thomas VeeserDirector & Interim President (Term Aug23)
Ryan NevilleDirector & President (Start Aug23)
Allen EricsonDirector & SJH President
Candice GiesenDirector
Marilyn A Kaufmann PhD RNDirector
Sister Mary Frances MaherDirector
Sister Nancy KinateDirector & BOD Secretary
Margaret Klatt MDDirector & Doctor
Matthew Campbell MDDirector & Doctor
Mark BehlDirector & EVP/FTCH COO (Term Sep23)
Arlene GuzmanDirector (Start Jul23)
Brandon BartowDirector (Start Jul23)
Frank SoltysDirector (Start Jul23)
Paul Carlsen PhDDirector (Start Jul23)
Steven LittleFormer - Officer (Pres)
Jeffrey Van De KreekeFormer - Officer (Treas)
Adam SmithTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$126,170
Program Service Revenue
$83,374,235
Investment Income
$175,127
Other Revenue
$4,647,086
All Other Contributions
$76,545
Change in Net Assets
$-23,390,198

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table2$49,500Market value
Other Non Cash Contri Table1$125Market value
Total Noncash Contributions3$49,625-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$64,768,016
Salaries, Compensation, and Employee Benefits$46,874,543
Grants and Similar Amounts Paid$70,257
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$28,077,144$6,316,230$0$34,393,374
Fees for Services Other$8,228,058$2,871,845$0$11,099,903
Other Employee Benefits$2,030,851$8,202,073$0$10,232,924
Depreciation Depletion$1,296,073$2,298,223$0$3,594,296
Occupancy$943,229$1,404,648$0$2,347,877
Payroll Taxes$2,001,094$247,151$0$2,248,245
Other Expenses$2,013,739$0$0$2,013,739
All Other Expenses$173,503$208,046$0$381,549
Office Expenses$212,738$18,902$0$231,640
Information Technology$64,796$74,634$0$139,430
Travel$74,426$23,000$0$97,426
Advertising$88,815$0$0$88,815
Grants to Domestic Orgs$48,520--$48,520
Conferences and Meetings$6,735$38,715$0$45,450
Fees for Services Legal$5,033$33,291$0$38,324
Grants to Domestic Individuals$21,737--$21,737
Insurance$-1,061,872$0$0$-1,061,872
Total Functional Expenses$87,109,012$24,603,804$0$111,712,816
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Capitol Civic Centre IncManitowoc, WI501(c)3TO IMPROVE THE CENTRE'S BUILDING$15,000
Progress Lakeshore IncManitowoc, WI501(c)6General Support and Support for Neighborhood Development$7,000
City of ManitowocManitowoc, WI115Support Family Aquatic Center and Senior Center$5,335
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$11,555
Fundraising Direct Expenses$2,737
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Love Lights$33,105$8,355$529$7,826
Car Show$28,075$3,200-$3,200
Total Events$61,180$11,555$2,737$8,818
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Spouse of DirectorEmploymentNo$128,834

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliates$21,967,455
Long Term Operating Lease Obligation$369,336
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6 Classes of members or stockholders

As of march 1, 2021, bfhfm, llc owns 80% of hfm as a corporate member. Prior to march 1, 2021, holy family memorial was sponsored by franciscan sisters of christian charity sponsored ministries, inc. (fsccsm). As of march 1, 2021, fsccsm retains a 20% interest in hfm. Bfhfm, llc and fsccsm, inc. Are the two corporate members of hfm. Froedtert thedacare health inc. Owns 100% of bfhfm, llc.

Form 990, Part VI, Line 7A Members or stockholders electing members of governing body

Bfhfm, llc, as the majority member, has the right to appoint two board members and the right to appoint between eight to ten independent "community" board members. Franciscan sisters of christian charity sponsored ministries, inc. Has the right to appoint two board members.

Form 990, Part VI, Line 7B Decisions requiring approval by members or stockholders

Bfhfm, llc, as the majority corporate member of hfm, has certain powers and authorities with respect to the operations and management of hfm as set forth in the hfm bylaws. In addition, bfhfm, llc and franciscan sisters of christian charity sponsored ministries, inc jointly exercise certain retained authorities as defined in hfm's bylaws.

Form 990, Part VI, Line 11B Review of form 990 by governing body

Froedtert thedacare health, inc. (ftch - an affiliated organization) accounting staff prepare form 990 which is reviewed by ftch financial leaders. The 990 is then reviewed by kpmg, ftch's outside accounting firm. Next, the 990 is provided to the ftch audit committee and board of directors and hfm's board of directors. And finally, the 990 is filed as required.

Form 990, Part VI, Line 12C Conflict of interest policy

On an annual basis all officers, directors, trustees, and key employees are required to complete a conflict-of-interest disclosure statement. The data is compiled, and the ftch vice president-chief compliance officer (cco), the senior vice-president-general counsel and/or delegate will review all forms and notifications to determine if any conflicts of interest exist in the disclosure documents. If it is determined that a conflict of interest exists, then the person making the disclosure shall be relieved of his/her obligations on behalf of hfm with respect to the transaction or arrangement that creates the conflict of interest. A report of all conflicts of interest will be made by the cco at least annually to the ftch finance committee of the ftch board of directors.

Form 990, Part VI, Line 15A Process to establish compensation of top management official

Compensation review & approval process - ceo & top management compensation of top management is paid by ftch, a related organization, but a review is performed. In establishing the compensation of the organization's ceo and top management, independent compensation consultants are utilized, compensation studies are completed to gather comparative data, persons with a conflict of interest regarding the compensation arrangements at issue are not involved in the decision-making process, and amounts are reviewed and approved by the compensation committee of the froedtert thedacare health, inc. (the related organization) board of directors. In addition, there is contemporaneous documentation and recordkeeping for deliberations and decisions regarding the compensation arrangements.

Form 990, Part VI, Line 15B Process to establish compensation of other employees

Compensation review & approval process - officers & key employees compensation of several officers is paid by ftch, a related organization, but a review is performed. In establishing the compensation of the organization's officers, independent compensation consultants are utilized, compensation studies are completed to gather comparative data, persons with a conflict of interest regarding the compensation arrangements at issue are not involved in the decision-making process, and amounts are reviewed and approved by the compensation committee of the froedtert thedacare health, inc. (the related organization) board of directors.

Form 990, Part VI, Line 19 Required documents available to the public

Disclosure: froedtert thedacare health, inc's quarterly financial information is made available to the public online through the digital assurance corporation, inc. Website. Anyone can register to receive ongoing access to and notifications regarding financial statements at the online website. Additionally, governing documents and conflict of interest policy are made available to the public through the corporate office upon request.

Form 990, Part VIII, Line 11D Other Miscellaneous Revenue

ALL OTHER - Total Revenue: -20152, Related or Exempt Function Revenue: -20152, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ;

Filing and Contact Details

Filer

Filer Name
Holy Family Memorial Inc
EIN
39-0806395
Phone
9203202011
Address
2300 WESTERN AVENUE PO BOX 1450, MANITOWOC, WI 54221-1450

Signing Officer

Name
Alicia M Maitland
Title
SVP - Finance
Signed
2025-05-15
Discuss with paid preparer
Yes

Organization Details

Formed
1899
Legal Domicile
Wi
Voting Board Members
14
Independent Board Members
9
Employees
0
Volunteers
165

Preparer

Firm
Kpmg Llp
Address
191 West Nationwide Blvd Suite 500, Columbus, OH 43215-2568
Preparer
Mollie P Longhouse
Phone
6142492300
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4A OUTPATIENT SERVICES

Holy family memorial had 135,482 outpatient visits during this period. Outpatient surgeries totaled 2,241. Cardiology encounters were 7,655. Ortho now provides same-day care for orthopaedic and sports-related injuries at the cost of a clinic visit. Behavioral health services: from alcoholism and other drug abuse, to anxiety, depression, and a range of other mental health issues, our behavioral health experts are here to help you develop effective skills to: change unhealthy or addictive behaviors; confront and overcome the struggles of growing up; deal with the effects of substance abuse; face a trauma and the stress and anxiety it may cause; handle life changes brought on by marriage, divorce, or the death of a loved one; manage disruptive behavioral problems in children, including attention-deficit/hyperactivity disorder (adhd); successfully cope with anxiety, depression, low energy, low self-esteem, and loneliness; and take on the challenges of raising a family. Behavioral health provides the highest quality care combined with unmatched compassion and sensitivity. We're proud to offer a variety of proven services and treatment options for your specific needs, including: alcohol and other drug abuse treatments; dementia/memory assessments; dialectic behavior therapy (dbt) for patients with difficulty managing their emotions and potentially engaging in self-harm; eye movement desensitization and reprocessing (emdr) and brainspotting for treating trauma-related symptoms; individual, family, and group counseling; psychiatric evaluations and medication management; and specific services and treatments for children and adolescents. Alcoholism and substance abuse are diseases. They devastate families and destroy lives every day. At behavioral health, we offer the most comprehensive outpatient substance abuse disorder treatment services in the area providing everything from assessment and outpatient counseling, to specialized medication-assisted treatment (mat). We're experts in what we do, and unlike many providers, are certified to provide medications to assist you both in reducing your cravings and urges, as well as preventing withdrawal symptoms. Because we know addiction is not weakness. It's not willfulness or stubbornness. It's a chronic and relapsing brain disease, and we're here to help you with everything from taking the first step, to developing a long-term recovery plan. Holy family memorial behavioral health offers help for families and patients experiencing the difficulties of memory loss, confusion surrounding daily life, new verbal problems, changes in mood or personality, and problem-solving difficulties that occur with aging. We offer memory loss assessment, diagnosis, education and symptom management, and are an affiliate of the wisconsin alzheimer's institute (wai) dementia diagnostic clinic network. Cancer care: if you are diagnosed with cancer, everything seems to stop. You want answers about your diagnosis, your chances to beat it and your treatment options. Holy family memorial's cancer center team will walk with you through your journey with cancer. Our entire cancer center team of doctors, nurses, therapists, and other health care professionals will be at your side to take care of your physical, spiritual, and emotional needs. We will support you on bad days and celebrate your success on good days. You will learn why we are nationally accredited by the commission on cancer of the american college of surgeons. In 2021 our cancer program received a rating of 3 year approval with commendation as a community hospital cancer program. Medical oncology treats the full spectrum of cancer diagnoses using chemotherapy, hormonal therapies, biologic response modifiers, targeted therapies, and immunotherapy. Supportive services provided for these treatments may include blood transfusions, hydration, and nausea or pain management therapies. Radiation oncology provides a full range of external beam radiation for all adult

Form 990, Part III, Line 4A OUTPATIENT SERVICES (CONTINUED):

Not hindered by hearing or balance issues. Our comprehensive audiology services include: assistive listening devices; balance/dizziness evaluations; comprehensive hearing evaluations for adults and children; hearing aid fittings; and protective hearing devices. Foot and ankle clinic: our team integrates all aspects of specialized care by collectively combining their knowledge, experience, and expertise. We believe that no one should have to live with ankle pain or foot pain. We will help you through every step of your treatment, whether it be orthotic therapy or corrective surgery. Foot and ankle pain is a common disorder. Almost 80% of the population will experience foot pain in their lives. Our team is trained and equipped to diagnose and treat all problems involving the foot and ankle. We treat people of all ages, for problems such as plantar fasciitis, tendonitis and bunions, as well as serious injuries and disorders. Many foot and ankle problems can be remedied with conservative care, including corrective orthotic devices. For patients with conditions that fail to respond to conservative care, surgical intervention may be necessary. Foot and ankle surgery includes the treatment of fractures, repair of tendon injuries, correction of deformity, management of ankle instability and bone/cartilage from sports-related injuries, and comprehensive management of heel pain. We are dedicated to keeping our patients' feet and ankles in the healthiest conditions. It is our goal to relieve patients of chronic pain and to return function and enjoyment to everyday activity. Home health care: skilled nursing services include: infusion therapy; physical, occupational and speech therapies; care after surgery; complex wound care; medication management; telemonitoring program; medical social work; and home health aide. Care is tailored to the needs of each patient and his/her family. Laboratory: our leading-edge laboratory proudly serves the entire hfm network, as well as providing testing for many out-of-network providers and healthcare organizations. Because our patients as well as other healthcare professionals know they can place their trust in us to provide accurate, reliable results fast. We're clinical laboratory improvement amendments (clia) certified, and college of american pathologists (cap) accredited, and our highly specialized team utilizes innovative technology to provide you with the right laboratory services and the right results. Rehabilitation services: at rehab plus, we're committed to collaborating with our patients and providing the right rehabilitation care throughout their recovery. Our expert team of highly skilled physical, occupational, and speech therapists is here to work with you to build a personalized plan to maximize your function and meet your goals, whether it's getting back to competitive athletics or simply building strength to get off the couch. While the issues we treat vary greatly, our approach remains the same. We provide the right care, in the right setting, for the right outcomes. Specialty rehab services: at hfm rehab plus, we're committed to staying on the leading-edge of rehab treatments and services. We're proud to offer an array of specialty rehab services, including: aquatic therapy, astym therapy, concussion care, dry needling, functional capacity evaluations, survivorship and rehab program, home care services, lymphedema therapy, modified barium swallow studies, pediatric therapy, pelvic floor and incontinence rehabilitation, vestibular rehabilitation, and work conditioning. Sleep clinic: at holy family memorial, we offer a variety of sleep studies and screenings for the spectrum of sleep disorders. From simple, at-home screenings to in-depth diagnostic sleep studies, we've got you covered. And you have options. Most diagnostic sleep studies can be performed either overnight at our froedtert holy family memorial hospital, or as a home sleep study. Wound care: at wound clinic, we're committed

Form 990, Part III, Line 4B EMERGENCY SERVICES:

During the 12 months ended june 30, 2024, we had 10,671 emergency visits. The emergency department offers manitowoc county the most comprehensive emergency services in the area. We are a level iii trauma center. With a team of full-time, emergency medicine physicians and specially trained acls-certified nurses, patients will receive the highest level of care. Hfm also offers a 10-bed intensive care unit staffed by highly trained nurses and monitor technicians. In our intensive care unit: rns are certified in advanced cardiac life support; chest pain protocols initiated in the emergency room are continued and a workup for cardiac disease can often be completed in 12-24 hours; state-of-the-art monitoring equipment is used, including intra-aortic balloon pumps; and we bring the element of human caring to a highly technical area.

Form 990, Part III, Line 4C INPATIENT SERVICES:

Holy family memorial provides health care services intended to benefit the health and well-being of the communities it serves. These services include primary and specialty clinic care, preventive care such as health screenings, vaccination clinics and health education classes, 24/7 emergency care, walk-in, inpatient acute care, outpatient care, home care, and medically based fitness and wellness. Holy family memorial has been able to achieve a greater impact in the community by partnering financial, human and programmatic resources with other organizations. These partnerships include a commitment to collaborate with other health and social service agencies to improve access to care, focus on preventive services, reduce community health risks, and contribute to a healthier, vibrant community. Holy family memorial provides medically necessary services without charge or at amounts less than its established rates to patients who meet certain criteria under its charity care policies. In assessing a patient's ability to pay, hfm utilizes generally recognized poverty income levels of the communities it serves, and considers situations where incurred charges are significant when compared to the patient's financial resources. Because hfm does not expect to receive payment of amounts determined to qualify as charity care, these amounts are not included in net patient service revenues. Holy family memorial's total community benefit includes the cost of charity care and unpaid cost of public programs (medicare and medicaid) as well as those discussed above. Holy family memorial's community benefit was approximately $17,039,000 for the period ended june 30, 2024. This amount includes the net cost of charity care of approximately $445,000. More information is available from our community benefit report which is located on our website at www.froedtert.com. When the franciscan sisters of christian charity was approached by local clergy and community leaders over a century ago to care for the health needs of our growing community in the manitowoc area, they answered the call. Holy family memorial was founded in 1899 with a mission to serve our community's unique needs. As healthcare has evolved and as our community has grown, so have we. But our mission remains the same. And we've been proudly serving our community ever since. Rooted in the franciscan tradition of hospitality and the healing ministryof jesus christ, holy family memorial has a rich heritage of putting our community first. We're committed to providing the right care, in the right setting, for the right outcomes. Today, we're recognized as the leader and largest provider of healthcare services in manitowoc county. Our network of more than 830 healthcare professionals proudly provides our community with top quality, personalized care. Holy family memorial includes an inpatient and outpatient medical center, specialty and walk-in care, and more than 10 clinics. At holy family memorial, you receive world-class, faith-based healthcare right in your own community. You don't have to travel to a larger market network to get better quality of care since we're right here, just minutes from your home, working hard to exceed regional and national standards every day. It's our promise to you too, to provide the right care, in the right setting, for the right outcomes. Our ever-growing list of awards, accolades, accreditations, and recognition demonstrate our commitment to excellence and our dedication to our patients and our community. In march 2021, hfm finalized an affiliation agreement with froedtert and the medical college of wisconsin, starting the next chapter in continuing to improve our offering of healthcare to the manitowoc area. Working together, we're making more of what is humanly possible for your health care available closer to home in manitowoc county. It's a partnership that builds on the rich legacy of holy family memorial and secures it for years to come by adding the broa

Form 990, Part III, Line 4D Description of other program services

(Expenses $ 4,502,260 including grants of $ 70,257)(Revenue $ 4,540,146) 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.

Form 990, Part V, Line 2A

FTCH is the common law employer of HFM and as a result, the 2023 W-2 amounts are being reported under FTCH, the common law employer, rather than HFM.

Form 990, Part IX, Line 24B

Corporate allocations froedtert thedacare health, inc. Allocates certain revenues and expenses to related organizations: froedtert memorial lutheran hospital, froedtert menomonee falls hospital, froedtert west bend hospital, holy family memorial, and froedtert & the medical college of wisconsin community physicians, inc. The allocation is calculated by applying an allocation metric to each accounting unit at froedtert thedacare health inc. Each entity then receives its portion of the froedtert thedacare health, inc. Allocation on a monthly basis.

Form 990, Part XI, Line 9 Other changes in net assets or fund balances

Contributed capital - 8072505; investment return on restricted assets - 384345; other changes to net assets - -39197;

Form 990, Part I, Line 5 and Part V, Line 2 Part I, Line 5 and Part V, Line 2

Froedtert thedacare health, inc. Is the common law employer for the froedtert health system which includes holy family memorial, inc.

Financial Statement Notes

Schedule D, Part V, Line 4 Intended uses of endowment funds

Froedtert holy family memorial's endowment funds were established to provide financial support on an ongoing basis to meet the current and future needs of froedtert holy family memorial and the people it serves. Funds are used for capital equipment, major building improvements, program development, and operations.

Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote

The system applies asc topic 740, income taxes. Asc topic 740 prescribes a more-likely than-not recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken. Under asc topic 740, tax positions are evaluated for recognition, derecognition, and measurement using consistent criteria and provide more information about the uncertainty in income tax assets and liabilities. As of june 30, 2024 and 2023, the system does not have an asset or liability recorded for unrecognized tax positions.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/MissionDesc0HOLY FAMILY MEMORIAL IS A NETWORK OF HEALTH PROFESSIONALS WHO, ROOTED IN THE HEALING MINISTRY OF JESUS CHRIST, PROVIDE SERVICES TO HELP INDIVIDUALS AND OUR COMMUNITIES ACHIEVE HEALTHIER LIVES.
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IRS990/OtherExpensesGrp/Desc0AFFIL SUPP COMM PHYSICIANS
IRS990/OtherExpensesGrp/Desc1SUPPLIES
IRS990/OtherExpensesGrp/Desc2CORPORATE ALLOCATIONS
IRS990/OtherExpensesGrp/Desc3STATE ASSESSMENT
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IRS990/OtherLiabilitiesGrp/EOYAmt022336791

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