Memorial Medical Center Inc

Nonprofit profile at a glance

EIN
237013497
IRS 990 coverage
2009–2024
Forms available
Form 990 2024, Form 990-T 2024
Location
Ashland, WI, USA
Phone
7156855515
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Hospital, General

Official website

Reported finances

Revenue
$186,095,138
Expenses
$169,317,478
Assets
$292,428,613
Liabilities
$48,617,166

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

Leadership & pay

28 people listed

Executive titles in this filing

  • LUKE BEIRL (INTERIM PRES/CEO - MMC/CEO - MSI)
  • KENT DUMONSEAU (VICE PRESIDENT/CFO- REI)
  • JASON DOUGLAS (FORMER PRESIDENT (DIR. & OFFICER))

Highest reported compensation

  • JUSTIN CUMMINS (PHYSICIAN): $1,460,910 total reported compensation
  • JASON DOUGLAS (FORMER PRESIDENT (DIR. & OFFICER)): $1,283,964 total reported compensation
  • JOHN WATKINS (PHYSICIAN (THRU 5/30/25)): $1,057,669 total reported compensation

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

Overview

Mission

Memorial medical center, inc. Dba tamarack health ashland medical center will reach out as a trusted partner to improve the health and wellness for people of our south shore region of lake superior.

What it reported doing in 2024

Memorial medical center, inc. Dba tamarack health ashland medical center (amc) is a critical access hospital with over 60 full-time physicians on staff and over 740 employees. Located in the city of ashland, amc serves as a regional medical referral center for patients from seven northwestern Wisconsin counties and the neighboring gogebic county of Michigan.amc offers inpatient and outpatient services including: medical-surgical; intensive care; obstetrics including labor, delivery, postpartum and recovery (ldpr) suites; behavioral health; and 24-hour emergency care.inpatient and outpatient surgeries include: orthopedic, urology, ophthalmology, ent, podiatry, gastroenterology, and ob/gyn in addition to general surgery. Support diagnostic services include: laboratory; radiology with mri, ct and diagnostic ultrasound; pain management; nutritional services; pharmacy; endoscopy suites and a sleep disorder center. Rehabilitation services include: cardiac rehabilitation and cardiopulmonary rehabilitation; physical therapy and sports medicine. Primary care services were also added in 2024, along with dermatology in 2025.lifeline emergency response system, hospice services and social services are also available within amc. An additional building on the amc campus houses the behavioral health services providing inpatient and outpatient aoda and mental health care and therapies.amc opened as a private, not-for-profit hospital in 1972, combining the services previously provided by trinity hospital and ashland community hospital, both located in ashland. Amc is the only hospital located in ashland, bayfield and iron counties.

Operating model

Revenue model
Earned-program. 97% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% 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. The filing reports few safeguards for money sent abroad and the filing does not identify recipients for some grant dollars.

Rating breakdown

  • Financial Efficiency: 75
  • Transparency & Controls: 64
  • Accountability: 87
  • Sustainability: 61
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 81.9%; rating input score 82
  • Program expense ratio: 89.4%; rating input score 89
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 93.3%; rating input score 93; 21st percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Pass
    • Independent consultant: Pass
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Scored; rating input score 0
  • Grant itemization coverage: 56.3%; rating input score 56; 11th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 76.9%; rating input score 77; 25th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 9%; rating input score 70; 70th percentile among comparable filings
  • Total-asset coverage ratio: 1.73; rating input score 58; 58th percentile among comparable filings
  • Liabilities to assets ratio: 0.17; rating input score 73; 73rd percentile among comparable filings
  • Officer compensation ratio: 4.2%; rating input score 23; 23rd percentile among comparable filings

Growth

  • Program expense growth: 11% per year; rating input score 100; 78th percentile among comparable filings
  • Revenue growth: 8.6% per year; rating input score 100; 70th percentile among comparable filings
  • Asset growth: 9.7% per year; rating input score 100; 68th percentile among comparable filings

Details

  • Where the money goes: 81.9% of revenue deployed · 89.4% of spending went to programs
  • Governance: 10 of 13 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $151.4M in reported program spending
  • Leadership: top reported pay $1.5M · 28 people listed · 4 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $25.4M reported
  • Consistency: 34 of 35 current checks pass · 1 finding to review
  • Schedules: 11 filed schedules · includes major donors, foreign activity, grants, and executive pay
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 17 filed money-flow records
  • Related organizations: 11 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Transparency & Controls: Foreign activity oversight scored 0/100.
  • Review — Transparency & Controls: Grant itemization coverage scored 56/100.
  • Review — Sustainability: Total-asset coverage ratio scored 58/100.
  • High — Sustainability: Officer compensation ratio scored 23/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Review — Grant Readiness: SAM / OFAC restrictions: this organization returned a name match close enough to need a human check before a grant is released.