Civic Intelligence

The Richland Hospital Inc

EIN 39-0808498 • 501(c)3 • Richland Center, WI

Profile

The richland hospital is dedicated to caring, educating, and healing - to be the community's first choice for better heath.

333 East Second StreetRichland Center, WI 53581

www.richlandhospital.com

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.13x

Higher debt load relative to assets than 33% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Liabilities / Revenue

25th percentile

0.16x

Higher debt load relative to revenue than 25% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Net Margin

54th percentile

5.8%

Higher net margin than 54% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Top Officer Pay

60th percentile

$591,912

Higher top officer pay than 60% of similar nonprofits.

Top officer pay equals 0.7% of source-year revenue.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Asset Growth

58th percentile

7.7%

Faster asset growth than 58% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Revenue Growth

53rd percentile

9.1%

Faster revenue growth than 53% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Assets

Up

$101,334,301

Up $7,256,304 (+7.7%) from 2023

Liabilities

Up

$13,301,937

Up $1,573,858 (+13%) from 2023

Net Assets

Up

$88,032,364

Up $5,682,446 (+6.9%) from 2023

Revenue

Up

$81,076,471

Up $6,770,325 (+9.1%) from 2023

Expenses

Up

$76,342,381

Up $682,288 (+0.9%) from 2023

Net Income

Up

$4,734,090

Up $6,088,037 (+450%) from 2023

Trend Graphs

Balance Sheet Trend

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

$150M$100M$50M$0Assets 2010: $64,341,789Liabilities 2010: $21,461,921Net Assets 2010: $42,879,8682010Assets 2011: $64,146,616Liabilities 2011: $20,980,864Net Assets 2011: $43,165,7522011Assets 2012: $66,440,832Liabilities 2012: $20,027,574Net Assets 2012: $46,413,2582012Assets 2013: $70,035,131Liabilities 2013: $20,600,044Net Assets 2013: $49,435,0872013Assets 2014: $72,044,064Liabilities 2014: $19,233,479Net Assets 2014: $52,810,5852014Assets 2015: $74,495,393Liabilities 2015: $17,461,995Net Assets 2015: $57,033,3982015Assets 2016: $76,669,364Liabilities 2016: $17,073,218Net Assets 2016: $59,596,1462016Assets 2017: $66,813,200Liabilities 2017: $3,993,772Net Assets 2017: $62,819,4282017Assets 2018: $69,069,702Liabilities 2018: $4,864,419Net Assets 2018: $64,205,2832018Assets 2019: $71,284,946Liabilities 2019: $5,069,736Net Assets 2019: $66,215,2102019Assets 2020: $84,065,288Liabilities 2020: $13,165,800Net Assets 2020: $70,899,4882020Assets 2021: $90,295,177Liabilities 2021: $8,950,106Net Assets 2021: $81,345,0712021Assets 2022: $90,865,253Liabilities 2022: $8,216,760Net Assets 2022: $82,648,4932022Assets 2023: $94,077,997Liabilities 2023: $11,728,079Net Assets 2023: $82,349,9182023Assets 2024: $101,334,301Liabilities 2024: $13,301,937Net Assets 2024: $88,032,3642024

Highlighted filing

2024

Assets$101,334,301
Liabilities$13,301,937
Net Assets$88,032,364

Operations Trend

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

$100M$50M$0-$50MExpenses 2010: $33,288,1052010Expenses 2011: $34,755,8252011Expenses 2012: $33,093,0102012Revenue 2013: $38,887,985Expenses 2013: $35,793,826Net Income 2013: $3,094,1592013Revenue 2014: $39,761,434Expenses 2014: $36,398,206Net Income 2014: $3,363,2282014Revenue 2015: $41,022,782Expenses 2015: $36,074,761Net Income 2015: $4,948,0212015Revenue 2016: $39,910,829Expenses 2016: $37,386,761Net Income 2016: $2,524,0682016Revenue 2017: $44,133,293Expenses 2017: $40,775,826Net Income 2017: $3,357,4672017Revenue 2018: $42,392,503Expenses 2018: $40,565,611Net Income 2018: $1,826,8922018Revenue 2019: $44,081,080Expenses 2019: $43,315,894Net Income 2019: $765,1862019Revenue 2020: $62,558,606Expenses 2020: $59,432,859Net Income 2020: $3,125,7472020Revenue 2021: $72,163,355Expenses 2021: $62,037,091Net Income 2021: $10,126,2642021Revenue 2022: $70,512,697Expenses 2022: $66,845,822Net Income 2022: $3,666,8752022Revenue 2023: $74,306,146Expenses 2023: $75,660,093Net Income 2023: -$1,353,9472023Revenue 2024: $81,076,471Expenses 2024: $76,342,381Net Income 2024: $4,734,0902024

Highlighted filing

2024

Revenue$81,076,471
Expenses$76,342,381
Net Income$4,734,090

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$101$13.3$88.0$81.1$76.3$4.73
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$94.1$11.7$82.3$74.3$75.7$1.35
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$90.9$8.22$82.6$70.5$66.8$3.67
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$90.3$8.95$81.3$72.2$62.0$10.1
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$84.1$13.2$70.9$62.6$59.4$3.13
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$71.3$5.07$66.2$44.1$43.3$0.77
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$69.1$4.86$64.2$42.4$40.6$1.83
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$66.8$3.99$62.8$44.1$40.8$3.36
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$76.7$17.1$59.6$39.9$37.4$2.52
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$74.5$17.5$57.0$41.0$36.1$4.95
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$72.0$19.2$52.8$39.8$36.4$3.36
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$70.0$20.6$49.4$38.9$35.8$3.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$66.4$20.0$46.4$33.1
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$64.1$21.0$43.2$34.8
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$64.3$21.5$42.9$33.3
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 2, 2023
Return Version
2022v5.0
Gross Receipts
$75,390,246
Mission and Program Overview

Mission

The richland hospital, inc. Is dedicated to caring, educating, and healing - to be the community's "first choice for better health."

The richland hospital is dedicated to caring, educating, and healing.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$29,933,448$28,014,118▼ $1,919,330
Land, Buildings, and Equipment, Net$26,099,046$26,029,294▼ $69,752
Investments in Publicly Traded Securities$18,163,195$16,186,428▼ $1,976,767
Accounts Receivable$11,024,020$11,874,810▲ $850,790
Inventories for Sale or Use$2,104,042$2,251,829▲ $147,787
Intangible Assets$319,926$0▼ $319,926
Prepaid Expenses and Deferred Charges$353,883$310,499▼ $43,384
Cash and Non-Interest-Bearing Accounts$1,488$1,638▲ $150
Total Assets$90,295,177$90,865,253▲ $570,076
Other Assets Total$2,296,129$6,196,637▲ $3,900,508
Liabilities
Accounts Payable and Accrued Expenses$6,049,745$5,209,868▼ $839,877
Mortgage Notes Payable Secured by Investment Property-$2,444,075-
Other Liabilities$2,900,361$547,738▼ $2,352,623
Deferred Revenue-$15,079-
Total Liabilities$8,950,106$8,216,760▼ $733,346
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$81,178,059$82,504,002▲ $1,325,943
Net Assets With Donor Restrictions$167,012$144,491▼ $22,521
Total Net Assets Fund Balance$81,345,071$82,648,493▲ $1,303,422
Total Liabilities and Net Assets / Fund Balance$90,295,177$90,865,253▲ $570,076

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$15,633,469$30,437,757$46,071,226
Equipment$5,365,494$15,795,288$21,160,782
Other Land Buildings$2,786,339-$2,786,339
Land$2,243,992-$2,243,992
Leasehold Improvements$0$609,073$609,073
Other Assets Org$1,545,193--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$75,411-▼ $504-$74,907
2021$76,264-▼ $853-$75,411
2020$75,098-▲ $1,166-$76,264
2019$72,416-▲ $2,682-$75,098
2018$71,496-▲ $920-$72,416
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Thomas BeckOrthopedic SurgeonFT$443,890$158,209$602,099
Bryan MccarvelCrnaFT$432,846$68,624$501,470
SHAWN O' BRIENEr DoctorFT$386,206$60,934$447,140
Crystal LumiGeneral SurgeonFT$254,714$192,143$446,857
Andrew WrightFamily PhysicianFT$270,262$159,511$429,773
Bruce RoeslerCEOFT$307,643$78,512$386,155
Christine Richards MdChief of StaffFT$202,497$163,111$365,608
Elizabeth MooreCFOFT$201,817$47,090$248,907
Kay Balink MdSecretary (& Employee)FT$178,264$45,787$224,051

Board Members and Trustees

NameTitle
Marilyn RinehartChair
John AnnearVice-chair
John PooleDirector
Laura MelbyDirector
Peter WalshDirector
Shelly SchmidtDirector
Traci PetersonDirector
Jerry GanderDirector - Thru 04/22
Jerry MccauleyDirector - Thru 04/22
Steve BauerTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Fastaff LLCContracted Labor-nursing5700 S QUEBEC ST SUITE 300, Greenwood Village, CO 80111$2,113,596
Rural Physicians GroupHospitalist Provider5575 DTC PKWY STE 225, Greenwood Village, CO 80111$868,895
Huron Consulting Services LLCMt Expanse Software Consulting550 W VAN BUREN STREET, Chicago, IL 60607$708,646
Psychiatric Medical Care LLCPsychiatric Services4322 HARDING PIKE 417, Nashville, TN 37205$564,319
Meriter Kealth Enterprises Dba Meriter LLaboratory Testing Services36 SOUTH BROOKS STREET, Madison, WI 53715$430,251
Revenue and Support

Revenue Composition

Contributions and Grants
$1,523,366
Program Service Revenue
$67,913,713
Investment Income
$458,532
Other Revenue
$617,086
Change in Net Assets
$3,666,875

Audited Revenue Reconciliation

Revenue per Audited Statements
$68,164,451
Revenue Not Reported on Financial Statements
$2,348,246
Revenue Not Reported on Form 990
$-2,254,776
Other Revenue Adjustments
$2,348,246
Total Revenue per Audited Statements
$65,909,675
Total Revenue per Form 990
$70,512,697
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$38,377,480
Other Expenses$28,468,342
Total Fundraising Expense$125,849
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$25,023,549$4,025,467$98,708$29,147,724
Fees for Services Other$8,908,628$1,656,342$30$10,565,000
Other Employee Benefits$4,105,768$947,568$17,050$5,070,386
Depreciation Depletion$2,716,483$432,854-$3,149,337
Payroll Taxes$1,544,836$411,044$6,415$1,962,295
Current Officers, Directors, Trustees, and Key Employees-$1,224,721-$1,224,721
Pension Plan Contributions$793,082$175,979$3,293$972,354
Occupancy$875,512$4,428-$879,940
Information Technology-$583,808-$583,808
Other Expenses$1,023,960$466,271-$466,271
Office Expenses$201,514$152,880$353$354,747
All Other Expenses$299,366$24,494-$323,860
Conferences and Meetings$139,214$150,963-$290,177
Insurance-$163,437-$163,437
Fees for Services Legal-$142,531-$142,531
Advertising-$121,575-$121,575
Fees for Services Accounting-$103,160-$103,160
Travel$42,116$16,588-$58,704
Fees for Services Lobbying-$9,895-$9,895
Total Functional Expenses$55,472,658$11,247,315$125,849$66,845,822

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$66,845,822
Total Expenses per Audited Statements$64,606,352
Expenses per Audited Statements$64,576,555
Expenses Not Reported on Financial Statements$2,269,267
Other Expense Adjustments$2,269,267
Expenses Not Reported on Form 990$29,797
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Compensation Plan Liability$547,738
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
No
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Board member: traci peterson, potentially, she is an area chiropractor that may refer patients for care at the hospital. Vice president clinic services: brian puls, wife non-physician provider employee at the richland hospital, inc. Board member: dr. Richards, hospital provider employee at the richland hospital, inc. Board member: dr balink, hospital provider employee at the richland hospital, inc.

Form 990, Part VI, Section B, Line 11B

The organization's management and finance team works with their paid preparer to accumulate and assemble the irs form 990. A copy of the completed form was emailed or mailed to all members of the hospital's board of directors before it was filed. All board members were given the opportunity to respond with comments prior to the final submission of the form 990 to the internal revenue service.

Form 990, Part VI, Section B, Line 12C

The richland hospital, inc. Requires all officers, directors, trustees, and key employees to complete its annual disclosure statement. These questionnaires are then reviewed by the board of directors, noting any relationships that could potentially create a conflict of interest. Any individuals with noted conflicts are asked to abstain from voting or acting on those matters.

Form 990, Part VI, Section B, Line 15

The board of directors has an established process to annually review the compensation for the chief executive officer and to define appropriate market and performance-based adjustments. Comparative data is obtained from either the wisconsin hospital association executive compensation survey or other reputable third-party healthcare data sources to use in the establishment of a market for this key position. The personnel committee of the board of directors fulfills this role. The board of directors has delegated the authority and responsibility for the ongoing maintenance of other key employees and the overall organizational compensation model to the chief executive officer and human resource director. Comparative market data is obtained via the rural wisconsin health cooperative and the wisconsin society of hospital human resource administrators via independent salary surveys that provide benchmark information for healthcare job classes. This data is used to establish salary ranges for all job classes within the organization. The board of directors annually authorizes the overall increase to the salary budget for the organization with the ceo maintaining delegated authority for implementation within the organizational compensation model. During the review process, decisions affecting compensation and contracts are only reviewed and approved by individuals who do not have noted conflicts.

Form 990, Part VI, Section C, Line 19

The richland hospital, inc. Makes its governing documents, conflict of interest policy, and financial statements available to the public upon request at its hospital business location during normal business hours.

Filing and Contact Details

Filer

Filer Name
The Richland Hospital Inc
EIN
39-0808498
Phone
6086476321
Address
333 EAST SECOND STREET, RICHLAND CENTER, WI 53581

Signing Officer

Name
Elizabeth Moore
Title
Chief Financial Officer
Phone
6086476321
Signed
2023-11-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bruce Roesler
Formed
1937
Legal Domicile
Wi
Voting Board Members
10
Independent Board Members
8
Employees
508
Volunteers
57

Preparer

Firm
Wipfli Llp
Address
1502 LONDON ROAD SUITE 200, DULUTH, MN 55812
Preparer
Michael J Peterson CPA
Phone
2187224705
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Other purchased services: program service expenses 1,549,683. Management and general expenses 1,656,342. Fundraising expenses 30. Total expenses 3,206,055. Medical imaging purchased services: program service expenses 3,255,549. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,255,549. Clinical purchased services: program service expenses 268,260. Management and general expenses 0. Fundraising expenses 0. Total expenses 268,260. Laboratory purchased services: program service expenses 502,851. Management and general expenses 0. Fundraising expenses 0. Total expenses 502,851. Surgical purchased services: program service expenses 1,900,753. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,900,753. Hospitalist purchased services: program service expenses 871,063. Management and general expenses 0. Fundraising expenses 0. Total expenses 871,063. Behavioral health purchased services: program service expenses 560,469. Management and general expenses 0. Fundraising expenses 0. Total expenses 560,469.

FORM 990, PART XI, LINE 9:

Net change in restricted net assets of supporting organizations -22,017. Net change in unrestricted net assets of supporting organizations -56,863. Increase in equity of unconsolidated affiliate 49,970.

Financial Statement Notes

PART V, LINE 4:

The endowment funds maintained by the richland hospital, inc. Have been restricted by donors to be maintained in perpetuity, the income of which is expendable to support scholarship programs of the hospital.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Rental expenses included with expenses on financial statements 29,797. Change in net assets of unconsolidated affiliates 49,970.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Other expenses net against revenue on financial statements 38,289. Provision for bad debts net against revenue on financial statements 2,230,978. Investment income recorded to unrestricted net assets -504. Contributions from foundation 79,483.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Rental expenses included with expenses on financial statements 29,797.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Other expenses net against revenue on financial statements 38,289. Provision for bad debts net against revenue on financial statements 2,230,978.

Raw XML AppendixShowing 400 of 1,052 raw XML fields

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

Path#Value
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IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE RICHLAND HOSPITAL IS DEDICATED TO CARING, EDUCATING, AND HEALING.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0121575
IRS990/AdvertisingGrp/TotalAmt0121575
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt024494
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IRS990/AllOtherExpensesGrp/TotalAmt0323860
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IRS990/BooksInCareOfDetail/PhoneNum06086476321
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IRS990/BooksInCareOfDetail/USAddress/CityNm0RICHLAND CENTER
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IRS990/Desc0THE RICHLAND HOSPITAL, INC. (THE HOSPITAL) OPERATES A 25-BED CRITICAL ACCESS HOSPITAL IN RICHLAND CENTER, WI. PATIENTS SERVED BY THE RICHLAND HOSPITAL IN 2022 INCLUDED 3,552 ADULTS AND PEDIATRICS INPATIENT DAYS, 585 SWING BED PATIENT DAYS, 249 NEWBORN PATIENT DAYS, 58,698 TOTAL OUTPATIENT VISITS, AND 7,400 EMERGENCY ROOM VISITS. THE HOSPITAL ALSO OPERATES A PHYSICIAN CLINIC PROVIDING PRIMARY CARE PROCEDURES SUCH AS CARDIAC TESTS AND ULTRASOUNDS. THE HOSPITAL ENGAGES IN SEVERAL EFFORTS THAT ARE DESCRIBED IN DETAIL ON THE SCHEDULE H ATTACHED TO THE RETURN.
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IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR - THRU 04/22
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