ThedaCare Medical Center - New London
ThedaCare Medical Center - New London reported $37.9 million in revenue and $33.9 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $79.22 went to program services, $20.78 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 98.9% of the total. The highest compensation it reported for one person was $5,238,377 (PRESIDENT & CEO - SYSTEM). Revenue rose 7% between 2019 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $34MFor context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $38MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 79.2% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 20.8% | 13.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | Not reported | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.4% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 98.9% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $5,238,377 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 15.47% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 0 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 53.1 | 6.6 |
| Independent voting board members Part VI 1a–1b | 7 of 8 | 88.9% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseThedacare is a tax-exempt, non-profit corporation, as described in section 501(c)(3) of the internal revenue code. Thedacare Medical Center-New London is a 25-bed critical access hospital serving New London and nearby communities. There are more than 200 team members on the New London campus. Thedacare Medical Center-New London provides patient care and support services including diagnostic services such as x-ray, ultrasound, mri, ct scan, mammography, medical laboratory testing, and specialty services including cardiovascular care, orthopedic care, family birth care, cancer care, diabetes…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT & CEO - SYSTEM Director/trustee, officer, 4.0 hrs/week | $0 | $4,591,338 | $647,039 | $5,238,377 |
| CHIEF FINANCIAL AND ADMINISTRATIVE OFFICER, TREASURER Officer, 1.0 hrs/week | $0 | $2,581,219 | $275,943 | $2,857,162 |
| SECRETARY, BOARD MEMBER, CHIEF LEGAL OFFICER Officer, 4.0 hrs/week | $0 | $1,586,569 | $80,399 | $1,666,968 |
| CHIEF CULTURE AND INTEGRATION OFFICER Officer, 4.0 hrs/week | $0 | $1,355,811 | $62,717 | $1,418,528 |
| CHIEF FINANCIAL OFFICER Officer, 4.0 hrs/week | $0 | $623,899 | $178,131 | $802,030 |
| CHIEF DIGITAL HEALTH OFFICER Officer, 4.0 hrs/week | $0 | $608,961 | $153,031 | $761,992 |
| BOARD MEMBER/NR CHAIRPERSON Director/trustee, 1.0 hrs/week | $0 | $18,750 | $0 | $18,750 |
0 people received more than $100,000 in reportable compensation from ThedaCare Medical Center - New London (Part VII, line 2).
7 filings since 2019
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b8 · 7 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2Yes
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 50
- Volunteers Part I, line 647
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| TOTAL MSP LLC (SIMPLIFI STAFFENCY) Medical Staffing | $563,536 |
| AGILITI HEALTH INC Medical Staffing | $112,806 |
| WELLHART LLC Medical Staffing | $106,265 |
Individuals listed as contractors are left out. 3 contractors were paid more than $100,000 in all.
Private foundation grants it received
1 private foundation reported grants to ThedaCare Medical Center - New London totaling $3,000 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from ThedaCare Medical Center - New London's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for ThedaCare Medical Center - New London, you can publish a response that is linked from this page.
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Of every $100 ThedaCare Medical Center - New London spent in FY2025, $79.22 went to programs. The full breakdown, from its IRS Form 990:
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Questions people ask
How much of ThedaCare Medical Center - New London's spending goes to programs?
In the fiscal year ending June 30, 2025, ThedaCare Medical Center - New London reported that 79.2% of its $33.9 million in expenses went to program services, 20.8% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does ThedaCare Medical Center - New London pay its top executive?
The largest total compensation ThedaCare Medical Center - New London reported for one person in the fiscal year ending June 30, 2025 was $5,238,377, for the role of PRESIDENT & CEO - SYSTEM (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does ThedaCare Medical Center - New London get its money?
Of $37.9 million in revenue in the fiscal year ending June 30, 2025, 0.4% came from contributions and grants and 98.9% from program service revenue (Form 990, Part VIII).
Is ThedaCare Medical Center - New London a registered charity?
The IRS lists EIN 39-0869788 as a 501(c)(3) organization (hospital or medical research organization), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202601349349310500 · read the filing · XML
- FY2024 (6 mo.): Form 990 for the 6-month short period ending June 30, 2024, object 202531349349304193 · read the filing
- 2023: Form 990 for calendar year 2023, object 202423189349309277 · read the filing
- 2022: Form 990 for calendar year 2022, object 202343179349311024 · read the filing
- 2021: Form 990 for calendar year 2021, object 202233199349326308 · read the filing
- 2020: Form 990 for calendar year 2020, object 202122529349301107 · read the filing
- 2019: Form 990 for calendar year 2019, object 202033219349316028 · read the filing
All filings for EIN 39-0869788: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.