Froedtert Memorial Lutheran Hospital Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TO ADVANCE THE HEALTH OF OUR COMMUNITIES THROUGH EXCELLENCE AND DISCOVERY, INSPIRING EACH PERSON TO LIVE THEIR UNIQUE, BEST LIFE.
- Income
- $2.9 billion
- Spending
- $2.7 billion
- Spent on programs
- 84%
- Reserves
- 1.2 months of spending
- Largest source of income
- fees for its services, 96%
- Employees
- 0
- Volunteers
- 238
- Highest pay
- $5.2 million, director & ftch president/ceo (eff 7/1/24)
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 75 out of 100. Higher than 64% of charities in its peer group (health care, over $100m).
Reserves
10 of 35Spendable reserves would cover 1.2 months of spending.
Debt
20 of 20It owes 9% of what it owns.
Living within its means
15 of 15Income exceeded spending by 6% of income.
Income trend
15 of 15Income rose 7% on the year before.
Spending floor
15 of 1584% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 53% of charities in its peer group (health care, over $100m).
Independent board
25 of 2517 of 19 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (5)
- $1.1 billion spent. OUTPATIENT SERVICES FMLH had 1,035,213 outpatient visits in the twelve months ended June 30, 2025. FMLH offers a wide variety of outpatient clinical services including but not limited to the following: - Anticoagulation - Audiology - Brain injury and stroke therapy - Breast Care - Cardiopulmonary & Vascular Rehabilitation - Cardiothoracic surgery - Cardiovascular medicine - Cancer care - Cancer Center 24 hour Continuity Clinic - Dermatology - Diabetes - Diagnostic radiology - Electrophysiology - Emergency medicine - Endocrinology / Metabolism - Eye institute - Family medicine - Gastroenterology - General internal medicine - General surgery - Geriatric / Gerontology - Hematology / Oncology - Hand therapy - Hypertension - Infectious diseases - Infusion - Internal medicine - Interventional radiology - Lymphedema Therapy - Mammography - Maternal fetal care - Minimally invasive surgery - Neurology - Neurosurgery - Nuclear medicine - Nutritional counseling - Obstetrics / Gynecology - Occupational health - Ophthalmology - Oral Maxillofacial surgery - Orthopedic surgery - Ostomy Services - Otolaryngology - Pain Management - Pancreatobiliary / Endocrine surgery - Physical medicine / Rehabilitation - Plastic / Reconstructive surgery - Preventive / Occupational medicine - Psychiatry - Pulmonary / Critical Care medicine - Radiology - Radiation oncology - Rehabilitation services - Reproductive medicine - Rheumatology - Sickle Cell Disease - Skin Cancer Center - Sleep lab - Speech/communications disorders - Spine care - Spinal Cord Injury program - Sports medicine - Surgical oncology - Transplant - bone marrow - Transplant - solid organ - Transplant surgery - Trauma / Critical Care surgery - Urology - Vascular surgery - Wound healing
- $898.8 million spent. INPATIENT SERVICES Inpatient: FMLH is the only academic medical center in eastern Wisconsin and one of approximately 120 nationwide. FMLH is dedicated to excellence in patient care, research and medical education which has benefited patients, health care professionals and the region since 1980. We operate eastern Wisconsin's only adult Level I Trauma Center. It is a major training and research center engaged in thousands of clinical trials and studies. FMLH is approved for 833 beds, of which 781 are staffed, with 40,578 patient admissions and 252,978 patient days of care related to medical, surgical, intensive care, obstetrics, rehabilitation and other specialty care for the 12 months ending June 30, 2025. OTHER ACHEIVEMENTS: FMLH ranks No. 2 in Milwaukee Metro area and ranks No. 3 in Wisconsin on the U.S. News & World Report 2025-2026 Best Hospitals list. IT was rated as high performing in seven specialties: - Cancer - Gastroenterology & GI Surgery - Geriatrics - Neurology & Neurosurgery - Orthopedics - Pulmonology & Lung Surgery - Urology FMLH also rated as high performing in 21 procedures and conditions. The Human Rights Campaign Foundation recognized FMLH as a "LGBTQ+ Healthcare Equality High Performer" in their 2024 Healthcare Equality Index (HEI). Earning a "High Performer" designation shows our commitment to having strong LGBTQ+ policies that help ensure our patients, visitors and workforce feel valued, safe and heard. HEI award criteria includes non-discrimination and staff training, patient services and support, employee benefits and policies, patient and community engagement and responsible citizenship. Froedtert ThedaCare Health, parent organization to Froedtert Hospital, was named a Best Place to Work for Disability Inclusion, earning a top score on the 2025 Disability Equality Index (DEI) for outstanding commitment to disability inclusion practices. The DEI assessment measures an organization's culture and leadership, accessibility, employment practices (including benefits, education and accommodations), community engagement and supplier diversity. The Froedtert & MCW Cancer Network is a 2025 Press Ganey Guardian of Excellence Award winner. This is the eighth year in a row our Cancer Network has received outstanding achievement for Patient Experience. This award honors organizations that have reached the 95th percentile for patient experience, engagement or clinical quality performance. Froedtert Hospital was named by Healthgrades as one of America's Best Hospitals for Cardiac Care, Coronary Intervention and Cardiac Surgery. -Healthgrades America's 100 Best Hospitals for Cardiac Care for six years in a row (2019-2024) -Healthgrades America's 100 Best Hospitals for Coronary Intervention for three years in a row (2022-2024) -Healthgrades America's 50 Best Hospitals for Cardiac Surgery (2024) As part of the American Nurses Credentialing Center's (ANCC) Magnet Recognition Program, FMLH received its fourth Magnet recognition in 2021 and is on the journey toward its fifth designation, with notification expected in spring/summer 2026. The program recognizes health care organizations that demonstrate excellence in nursing and is considered the gold standard for nursing excellence. With this achievement, FMLH retains its place among the best of the best as part of the Magnet community - a select group of 425 health care organizations out of nearly 6,000 U.S. health care organizations. Froedtert ThedaCare Health, parent organization to Froedtert Hospital, has been recognized as one of the "Most Wired" health care organizations in the 2024 Digital Health Most Wired Survey by the College of Healthcare Information Management Executives (CHIME). Achieving Level 8 Acute recognition, we ranked above peers in analytics, data management, population health, and patient engagement among 48,000 + facilities. This highlights our commitment to leveraging advance technology to improve patient care and outcomes. Froedtert Hospital achieved a rank of 16 out of 118 comprehensive academic medical centers in the 2025 Bernard A. Birnbaum, MD, Quality Leadership Ranking by Vizient, Inc., based on the Vizient Quality and Accountability Study. The annual ranking measures performance on the quality of patient care in six domains: safety, mortality, effectiveness, efficiency, patient centeredness and variation in care. The ranking factors in measures from the Vizient Clinical Data Base and includes performance data from the HCAHPS survey and the CDC's National Healthcare Safety Network. Froedtert Hospital is recognized as a Diagnostic Imaging Center of Excellence (DICOE) by the American College of Radiology. As a DICOE facility, patients receive the highest levels of imaging quality, safety, and care. This achievement goes beyond accreditation to recognize the best in quality imaging practices and diagnostic care. The Froedtert & MCW Comprehensive Stroke Program at Froedtert Hospital earned the Get With The Guidelines - Stroke GOLD PLUS with Honor Roll Elite Plus and Type 2 Diabetes Honor Roll Award, (the highest level of recognition possible for a single, continuous 24-month period) from the American Heart Association Get With the Guidelines Program. The award recognizes commitment and success in implementing the highest standard of stroke care. The American Heart Association recognized Froedtert Hospital with the following awards, demonstrating our commitment to providing research-based, high-quality heart attack care: -Get with the Guidelines - Coronary Artery Disease STEMI Receiving Gold Plus with Target: Type 2 Diabetes -Get with the Guidelines Heart Failure - Gold Plus with Target: Heart Failure Optimal and Target: Type 2 Diabetes Honor Roll -Get with the Guidelines - Resuscitation Target CPR; Resuscitation Gold - Audit; Resuscitation Target Survival Most of the services provided by FMLH are tertiary or quaternary care services and include the following: Wisconsin Institute for Neuroscience (WINS) The F
- $173.9 million spent. Medical Education FMLH is the major teaching affiliate of The Medical College of Wisconsin. The affiliation agreement between The Medical College and FMLH provides for joint programs in health care education, health-related research, and health services. The Medical College places approximately 438 full-time equivalent residents at FMLH. Substantially all patient encounters at FMLH are teaching related. Froedtert Hospital is utilized in The Medical College's residency programs in anesthesiology, dermatology, diagnostic radiology, endocrinology/metabolism, general surgery, internal medicine, nephrology, neurological surgery, neurology, oral and maxillofacial surgery, otolaryngology, pathology, plastic and reconstructive surgery, pulmonary medicine, transplant surgery, urology and emergency medicine, allergy and immunology, cardiology, geriatrics, gastroenterology, hematology/oncology, infectious disease, nuclear medicine, obstetrics and gynecology, ophthalmology, orthopedic surgery, physical medicine and rehabilitation, psychiatry, radiation oncology, thoracic surgery, trauma surgery, and vascular surgery. FMLH supports continuing medical education. All of the medical services provide continuing medical education for the staff, residents, and students. Scientific conferences are held on a weekly basis for most services. The Medical College faculty members, who comprise the majority of the Medical Staff of Froedtert Hospital, frequently serve as directors of continuing medical education programs for other hospitals within the State of Wisconsin and the surrounding region. In addition to the affiliation with The Medical College, FMLH maintains educational affiliations with a number of other institutions and degree programs, including but not limited to Alverno College, Carroll University, Concordia University, Marian University, Marquette University, Milwaukee Area Technical College, Milwaukee School of Engineering, Mount Mary University, Moraine Park Technical College, Rosalind Franklin University, South University, University of North Carolina (UNC) School of Medicine, University of Wisconsin System, Waukesha County Technical College, and Wisconsin Lutheran College. Additionally partnering with The Medical College of Wisconsin, we have successfully expanded our network of Froedtert Thedacare Health contracts for MCW student placements to include several esteemed institutions for Physician Assistant (PA)/ Nurse Practitioner (NP) placements. This expansion encompasses agreements with Tennessee Tech University, Lincoln Memorial University, and Trevecca Nazarene University. By establishing these contracts, we are enhancing our collaborative efforts and reinforcing our commitment to providing high-quality training opportunities in line with regulatory and institutional standards.
- $80.7 million spent. EMERGENCY & TRAUMA CENTER, AND OTHER PROGRAM REVENUE Emergency and Trauma Center. FMLH has a community emergency department serving southeastern Wisconsin. They provide critical care, general emergency and minor care. FMLH is the only adult Level I Trauma Center in southeastern Wisconsin and supports the area's only air medical rescue program (Flight For Life) serving as a vital resource for the region. As a Level 1 trauma center we have: - Prompt availability of specialists in trauma surgery, orthopaedic surgery, neurosurgery, surgical critical care, and rehabilitation medicine to adequately respond to and care for various traumatic injuries. - Emergency Department staffed 24/7 by board-certified emergency physicians - Board certified trauma surgeons in-house and available 24/7 - Operating room dedicated solely to trauma patients - A State of the art Surgical Intensive Care Unit that provides life-saving care - A comprehensive injury prevention program providing education and outreach in the community - Professional education for physicians, nurses, emergency medical services personnel and physician liaisons - Conduct resident training in general surgery, orthopaedic surgery, neurosurgery and emergency medicine - Commitment to research to stay on the leading edge of the latest advances in trauma care Being a Level I status differentiates FMLH from all other hospitals and emergency departments in the region. During fiscal year 2025, Froedtert had 73,736 emergency visits and the Trauma Center evaluated 4,457 patients. Other Program Services Revenue As part of operating an acute care hospital and providing health care services to the community, other revenue is derived in the following areas: Other Department Operating Revenue - revenue derived from different services through the process of providing patient care and in the normal operation of a medical facility. Included in this category are items such as meaningful use revenue, pharmacy Revenue, medical staff application fees, and revenue from classes, pump rentals, and other wellness services. Dietary Revenue - revenue derived from cafeteria sales, vending machine sales, guest tray sales and employee meals. Dietary services are necessary to support services to patient families while their loved one is receiving care in the Hospital. The revenue from employee meals is a benefit provided by the Hospital as an employer and it allows our staff to remain on site for patient care. Corporate Allocated Revenue - revenue passed through from Froedtert Thedacare Health (FTCH), a related party. Intercompany Revenue - consists of revenue derived from medical and administrative services provided to the other FTCH entities. All of these services support the delivery of healthcare to the community. Miscellaneous Revenue - revenue derived from different services through the process of providing patient care in the normal operation of a medical facility. Included in this category are items such as rental revenue, parking revenue, research revenue, recycling revenue, taxable sales, and sale of medical records, and interest income.
- (Expenses $ 80,728,334 including grants of $ 304,600)(Revenue $ 167,274,394) EMERGENCY & TRAUMA CENTER, AND OTHER PROGRAM REVENUE Emergency and Trauma Center. FMLH has a community emergency department serving southeastern Wisconsin. They provide critical care, general emergency and minor care. FMLH is the only adult Level I Trauma Center in southeastern Wisconsin and supports the area's only air medical rescue program (Flight For Life) serving as a vital resource for the region. As a Level 1 trauma center we have: - Prompt availability of specialists in trauma surgery, orthopaedic surgery, neurosurgery, surgical critical care, and rehabilitation medicine to adequately respond to and care for various traumatic injuries. - Emergency Department staffed 24/7 by board-certified emergency physicians - Board certified trauma surgeons in-house and available 24/7 - Operating room dedicated solely to trauma patients - A State of the art Surgical Intensive Care Unit that provides life-saving care - A comprehensive injury prevention program providing education and outreach in the community - Professional education for physicians, nurses, emergency medical services personnel and physician liaisons - Conduct resident training in general surgery, orthopaedic surgery, neurosurgery and emergency medicine - Commitment to research to stay on the leading edge of the latest advances in trauma care Being a Level I status differentiates FMLH from all other hospitals and emergency departments in the region. During fiscal year 2025, Froedtert had 73,736 emergency visits and the Trauma Center evaluated 4,457 patients. Other Program Services Revenue As part of operating an acute care hospital and providing health care services to the community, other revenue is derived in the following areas: Other Department Operating Revenue - revenue derived from different services through the process of providing patient care and in the normal operation of a medical facility. Included in this category are items such as meaningful use revenue, pharmacy Revenue, medical staff application fees, and revenue from classes, pump rentals, and other wellness services. Dietary Revenue - revenue derived from cafeteria sales, vending machine sales, guest tray sales and employee meals. Dietary services are necessary to support services to patient families while their loved one is receiving care in the Hospital. The revenue from employee meals is a benefit provided by the Hospital as an employer and it allows our staff to remain on site for patient care. Corporate Allocated Revenue - revenue passed through from Froedtert Thedacare Health (FTCH), a related party. Intercompany Revenue - consists of revenue derived from medical and administrative services provided to the other FTCH entities. All of these services support the delivery of healthcare to the community. Miscellaneous Revenue - revenue derived from different services through the process of providing patient care in the normal operation of a medical facility. Included in this category are items such as rental revenue, parking revenue, research revenue, recycling revenue, taxable sales, and sale of medical records, and interest income.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since May 1968.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.