Gundersen Clinic Ltd
Gundersen Clinic Ltd reported $277.2 million in revenue and $384.5 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $92.07 went to program services, $7.93 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: 99.3% of the total. The highest compensation it reported for one person was $1,397,550 (CEO). Revenue rose 69% between 2019 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending September 30, 2025 · Form 990, Part IX, line 25 · total expenses $385MFor 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 September 30, 2025 · Form 990, Part VIII · total revenue $277MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 92.1% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 7.9% | 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 | $0.00 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.4% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.1% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 99.3% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $1,397,550 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.36% | 1.34% |
| People paid over $100,000 Part VII, line 2 | Not reported | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | -28.8 | 6.6 |
| Independent voting board members Part VI 1a–1b | 0 of 7 | 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 expenseGundersen Clinic, ltd. (the clinic) has 700 physicians representing nearly every specialty serving a 21 county region in western wisconsin, northeastern iowa and southeastern minnesota. The clinic provides medical care to all patients regardless of their ability to pay. Charity care and/or financial assistance is determined based on financial information provided by the patient and analysis of other relevant information. There were approximately 1,257,683 patient encounters for fiscal year 2025 (oct '24-sep '25). The clinic provided uncompensated care related to charity at cost, $2,216,661…
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 |
|---|---|---|---|---|
| CEO Officer, 1.0 hrs/week | $0 | $1,324,275 | $73,275 | $1,397,550 |
| MEDICAL GOVERNORS, SECRETARY/TREASURER Director/trustee, officer, 2.0 hrs/week | $0 | $892,143 | $74,275 | $966,418 |
| EX-OFFICIO, PRESIDENT Officer, 2.0 hrs/week | $0 | $841,877 | $72,275 | $914,152 |
| CHIEF FINANCIAL OFFICER Officer, 1.0 hrs/week | $0 | $728,316 | $54,052 | $782,368 |
| MEDICAL GOVERNORS, (END 4.30.25) Director/trustee, 2.0 hrs/week | $0 | $577,310 | $75,295 | $652,605 |
| FORMER CHIEF MEDICAL FOUNDATION OFFICER Former, 0.0 hrs/week | $0 | $548,480 | $63,970 | $612,450 |
| MEDICAL GOVERNORS, (END 9.30.25) Director/trustee, 2.0 hrs/week | $0 | $481,771 | $72,175 | $553,946 |
| MEDICAL GOVERNORS Director/trustee, 2.0 hrs/week | $0 | $422,038 | $74,967 | $497,005 |
7 filings since 2019
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked| Filing | Revenue | Expenses | Programs | Net assets | Top pay |
|---|---|---|---|---|---|
| FY2025 ⓘ | $277M | $385M | 92.1% | −$922M | $1,397,550 |
| FY2024 ⓘ | $244M | $327M | 88.6% | −$823M | $1,712,949 |
| FY2023 (9 mo.) ⓘ | $160M | $228M | 89.8% | −$740M | — |
| 2022 ⓘ | $202M | $272M | 89.8% | −$672M | $1,217,963 |
| 2021 ⓘ | $170M | $229M | 88.9% | −$602M | $1,204,829 |
| 2020 ⓘ | $159M | $270M | 76.3% | −$543M | $1,107,101 |
| 2019 ⓘ | $164M | $253M | 77.8% | −$432M | $1,257,995 |
Governance 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–1b7 · 0 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 15aNo
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- 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
Correct a figure or respond
Every number above is copied from Gundersen Clinic Ltd's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Gundersen Clinic Ltd, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Gundersen Clinic Ltd spent in FY2025, $92.07 went to programs. The full breakdown, from its IRS Form 990:
Embed on your site
Similar-sized charities in this cause
- Chi St Vincent Hospital Hot SpringsPhoenix, AZ · revenue $277M · programs 76.8% · FY2025
- Morris HospitalMorris, IL · revenue $278M · programs 92.6% · 2024
- The Villages Tri-County Medical CenterThe Villages, FL · revenue $277M · programs 92.9% · FY2025
- St Alexius Medical CenterPhoenix, AZ · revenue $278M · programs 85.3% · FY2025
- UPMC WashingtonWashington, PA · revenue $277M · programs 85.1% · FY2024
Questions people ask
How much of Gundersen Clinic Ltd's spending goes to programs?
In the fiscal year ending September 30, 2025, Gundersen Clinic Ltd reported that 92.1% of its $384.5 million in expenses went to program services, 7.9% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Gundersen Clinic Ltd pay its top executive?
The largest total compensation Gundersen Clinic Ltd reported for one person in the fiscal year ending September 30, 2025 was $1,397,550, for the role of CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Gundersen Clinic Ltd get its money?
Of $277.2 million in revenue in the fiscal year ending September 30, 2025, 0.4% came from contributions and grants (including 0.1% from government grants) and 99.3% from program service revenue (Form 990, Part VIII).
Is Gundersen Clinic Ltd a registered charity?
The IRS lists EIN 39-1028657 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 September 30, 2025, object 202602269349301235 · read the filing
- FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202512269349303156 · read the filing
- FY2023 (9 mo.): Form 990 for the 9-month short period ending September 30, 2023, object 202422289349303087 · read the filing
- 2022: Form 990 for calendar year 2022, object 202343189349303869 · read the filing
- 2021: Form 990 for calendar year 2021, object 202243169349301424 · read the filing
- 2020: Form 990 for calendar year 2020, object 202103169349305985 · read the filing
- 2019: Form 990 for calendar year 2019, object 202043169349304509 · read the filing
All filings for EIN 39-1028657: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.