Milwaukee Regional Medical Center Thermal Service Inc
EIN: 463768736 · Milwaukee, WI · NTEE: E112
| Metric | Value |
|---|---|
| Total Revenue | $32.5M |
| Total Expenses | $33.9M |
| Net Assets | $-1,367,768 |
Is Milwaukee Regional Medical Center Thermal Service Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Milwaukee Regional Medical Center Thermal Service Inc
Milwaukee Regional Medical Center Thermal Service Inc (EIN: 463768736) is a nonprofit organization based in Milwaukee, WI, classified under NTEE code E112. The organization reported total revenue of $32.5M and total assets of $227.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Milwaukee Regional Medical Center Thermal Service Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Milwaukee Regional Medical Center Thermal Service Inc is a large nonprofit that has been operating for 12 years, with 10 years of IRS 990 filings on record (2014–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $32.3M |
| Total Expenses | $33.9M |
| Surplus / Deficit | $-1,592,635 |
| Total Assets | $230.2M |
| Total Liabilities | $231.6M |
| Net Assets | $-1,367,768 |
| Operating Margin | -4.9% |
| Debt-to-Asset Ratio | 100.6% |
| Months of Reserves | 81.5 months |
Financial Health Grade: C
In 2023, Milwaukee Regional Medical Center Thermal Service Inc reported a deficit of $1.6M with expenses exceeding revenue, holds 81.5 months of operating reserves (strong position), has a debt-to-asset ratio of 100.6% (high leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.7% | -1.4% | -2.5% |
| 2022 | +2.2% | +6.7% | +0.7% |
| 2021 | +9.4% | +5.7% | -0.2% |
| 2020 | +7.1% | -3.3% | -1.3% |
| 2019 | +1.5% | +35.9% | -3.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Milwaukee Regional Medical Center Thermal Service Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Milwaukee Regional Medical Center Thermal Service Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.6M, with expenses exceeding revenue.
- Debt-to-asset ratio: 100.6%.
Frequently Asked Questions about Milwaukee Regional Medical Center Thermal Service Inc
Is Milwaukee Regional Medical Center Thermal Service Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Milwaukee Regional Medical Center Thermal Service Inc (EIN: 463768736) insufficient data. 0 red flags identified, 0 strengths noted.
How does Milwaukee Regional Medical Center Thermal Service Inc spend its money?
Detailed spending breakdown data is not yet available for Milwaukee Regional Medical Center Thermal Service Inc. Check back for updated IRS 990 analysis.
Are donations to Milwaukee Regional Medical Center Thermal Service Inc tax-deductible?
Milwaukee Regional Medical Center Thermal Service Inc is registered as a tax-exempt nonprofit (EIN: 463768736). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Milwaukee Regional Medical Center Thermal Service Inc located?
Milwaukee Regional Medical Center Thermal Service Inc is headquartered in Milwaukee, Wisconsin and files with the IRS under EIN 463768736. It is classified under NTEE code E112.
How many years of IRS 990 filings does Milwaukee Regional Medical Center Thermal Service Inc have?
Milwaukee Regional Medical Center Thermal Service Inc has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $32.5M in total revenue.
Filing History
IRS 990 filing history for Milwaukee Regional Medical Center Thermal Service Inc showing financial trends over 10 years of public records:
Total assets increased by 404350.6% over the same period, from $57K to $230.2M. Total functional expenses rose by 1371.6%, from $2.3M to $33.9M. In its most recent filing year (2023), Milwaukee Regional Medical Center Thermal Service Inc reported a deficit of $1.6M, with expenses exceeding revenue. The organization holds $231.6M in liabilities against $230.2M in assets (debt-to-asset ratio: 100.6%), resulting in net assets of $-1,367,768.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $32.3M | $33.9M | $230.2M | $231.6M | — | — |
| 2022 | $32.9M | $34.4M | $236.2M | $235.9M | — | — |
| 2021 | $32.2M | $32.2M | $234.7M | $232.8M | — | View 990 |
| 2020 | $29.4M | $30.5M | $235.2M | $233.3M | — | View 990 |
| 2019 | $27.4M | $31.5M | $238.3M | $235.4M | — | View 990 |
| 2018 | $27.0M | $23.2M | $246.2M | $239.1M | — | View 990 |
| 2017 | $25.5M | $19.7M | $184.1M | $181.7M | — | View 990 |
| 2016 | $17.1M | $16.4M | $119.8M | $125.8M | — | View 990 |
| 2015 | $0 | $3.4M | $14.5M | $20.2M | — | View 990 |
| 2014 | $0 | $2.3M | $57K | $2.4M | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $32.3M, expenses of $33.9M, and assets of $230.2M (revenue -1.7% year-over-year).
- 2022: Revenue of $32.9M, expenses of $34.4M, and assets of $236.2M (revenue +2.2% year-over-year).
- 2021: Revenue of $32.2M, expenses of $32.2M, and assets of $234.7M (revenue +9.4% year-over-year).
- 2020: Revenue of $29.4M, expenses of $30.5M, and assets of $235.2M (revenue +7.1% year-over-year).
- 2019: Revenue of $27.4M, expenses of $31.5M, and assets of $238.3M (revenue +1.5% year-over-year).
- 2018: Revenue of $27.0M, expenses of $23.2M, and assets of $246.2M (revenue +5.9% year-over-year).
- 2017: Revenue of $25.5M, expenses of $19.7M, and assets of $184.1M (revenue +49.4% year-over-year).
- 2016: Revenue of $17.1M, expenses of $16.4M, and assets of $119.8M.
- 2015: Revenue of $0, expenses of $3.4M, and assets of $14.5M.
- 2014: Revenue of $0, expenses of $2.3M, and assets of $57K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Milwaukee Regional Medical Center Thermal Service Inc:
Data Sources and Methodology
This transparency report for Milwaukee Regional Medical Center Thermal Service Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.