Marshfield Clinic

Legal name: Memorial Hospital Inc

Nonprofit profile at a glance

EIN
390806828
IRS 990 coverage
2010–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024, Form 990-T 2022
Location
Marshfield, WI, US
Phone
(800) 782-8581
Rating
68
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Hospital, General

Official website

Reported finances

Revenue
$37,291,881
Expenses
$35,551,714
Assets
$49,321,172
Liabilities
$277,628

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • BRIAN HOERNEMAN MD (BOARD MEMBER/INTERIM MCHS CEO)
  • SUSAN TURNEY MD (FORMER MCHS CEO)

Highest reported compensation

  • SUSAN TURNEY MD (FORMER MCHS CEO): $2,241,715 total reported compensation
  • BRIAN HOERNEMAN MD (BOARD MEMBER/INTERIM MCHS CEO): $1,623,181 total reported compensation
  • JEANETTE WOJTALEWICZ (INTERIM MCHS CFO): $972,510 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To care, comfort and cure.

What it reported doing in 2024

Memorial hospital, inc. Is a not-for-profit 25-bed community hospital located in neillsville, Wisconsin that provides medical, surgical, emergency and urgent care services. Other hospital services provided include, but are not limited to: primary care, orthopedic general surgery, oncology, athletic training, pain management, pharmacy, physical therapy, radiology, laboratory, cardiac rehabilitation, respiratory therapy, occupational therapy and diabetic education.

Operating model

Revenue model
Other-operating. 100% of the money available for current operations came from other operating revenue.
Distribution model
Direct operator. The filing allocates 99% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and a relatively small share of voting board members are independent.

Rating breakdown

  • Financial Efficiency: 69
  • Transparency & Controls: 65
  • Accountability: 62
  • Sustainability: 60
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 76.3%; rating input score 76
  • Program expense ratio: 80%; rating input score 80
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 92.3%; rating input score 92; 8th percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 50%; rating input score 50; 8th percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 4.7%; rating input score 52; 52nd percentile among comparable filings
  • Total-asset coverage ratio: 1.39; rating input score 48; 48th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 94; 94th percentile among comparable filings
  • Officer compensation ratio: 0.3%; rating input score 91; 91st percentile among comparable filings

Growth

  • Program expense growth: 4.4% per year; rating input score 100; 37th percentile among comparable filings
  • Revenue growth: 4.7% per year; rating input score 100; 41st percentile among comparable filings
  • Asset growth: 11.2% per year; rating input score 100; 70th percentile among comparable filings

Details

  • What they do: 5 programs and campaigns described on the official site · 7 operating locations identified
  • Where the money goes: 76.3% of revenue deployed · 80% of spending went to programs
  • Governance: 4 of 8 board members independent · 7 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $28.5M in reported program spending
  • Leadership: top reported pay $2.2M · 11 people listed · 0 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $1M reported
  • Consistency: 28 of 28 current checks pass
  • Schedules: 7 filed schedules · includes grants and executive pay
  • Filing history: 13 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 12 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Review — Accountability: Independent voting board scored 50/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • Review — Sustainability: Operating margin scored 52/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 48/100.