2026-05-12T15:27:02+00:00 2025-06-30 135565207 KPMG LLP 191 West Nationwide Blvd Suite 500 Columbus OH 432152568 990 2024-07-01 272042610 Froedtert & The Medical College of Wisconsin Community Physicians Inc FROE 4148053000 W126 N7338 FLINT DRIVE MENOMONEE FALLS WI 53051 Matt Partridge SVP - Finance 2026-05-12 true RILEY KOBRICK P02401884 6142492300 2026-05-08 2024 2025-03-06 01:10:19Z Imran Andrabi W126 N7338 FLINT DRIVE MENOMONEE FALLS WI 53051 430975182 false X WWW.FROEDTERT.COM X 2010 WI TO ADVANCE THE HEALTH OF OUR COMMUNITIES THROUGH EXCELLENCE AND DISCOVERY, INSPIRING EACH PERSON TO LIVE THEIR UNIQUE, BEST LIFE. 10 10 2761 10 0 0 0 353813801 378463178 15514 0 49101509 52512004 402930824 430975182 0 0 0 229347360 235030378 0 0 173583464 195944804 402930824 430975182 0 0 124772746 154810926 57285343 67329619 67487403 87481307 X TO ADVANCE THE HEALTH OF OUR COMMUNITIES THROUGH EXCELLENCE AND DISCOVERY, INSPIRING EACH PERSON TO LIVE THEIR UNIQUE, BEST LIFE. false false 152700120 176817997 FROEDTERT & THE MEDICAL COLLEGE OF WISCONSIN COMMUNITY PHYSICIANS, INC.'S (CP) SPECIALTY DEPARTMENTS SAW OVER 610,000 PATIENT VISITS IN FY25. CP HAS OVER 1,037 SPECIALTY PROVIDERS WHO PROVIDE SERVICES INCLUDING AREAS SUCH AS OBSTETRICS, SURGERY, BEHAVIORAL HEALTH, CARDIOLOGY, AND SEVERAL OTHERS. 131030561 151725888 CP'S PRIMARY CARE DEPARTMENTS SAW OVER 661,000 PATIENT VISITS IN FY25. CP HAS OVER 624 PRIMARY CARE PROVIDERS WHO PROVIDE SERVICES IN THE AREAS OF FAMILY MEDICINE, INTERNAL MEDICINE, PEDIATRICS, AND WALK-IN CLINIC. 43110329 49919293 CP'S ANCILLARY DEPARTMENTS SAW OVER 609,000 PATIENT VISITS IN FY25. CP PROVIDES ANCILLARY SERVICES IN THE AREAS OF LABORATORY, RADIOLOGY, AND REHABILITATION SERVICES. 45349396 52512004 AS PART OF OPERATING AN INTEGRATED NETWORK OF HEALTHCARE PROVIDERS AND PROVIDING HEALTH CARE SERVICES TO THE COMMUNITY, OTHER REVENUE IS DERIVED IN THE FOLLOWING AREAS: REVENUE FROM HEALTH SYSTEM AFFILIATES - CONSISTS OF REVENUE DERIVED FROM MEDICAL AND ADMINISTRATIVE SERVICES PROVIDED TO SJH, CMH, FMLH, AND FROEDTERT HEALTH NEIGHBORHOOD HOSPITAL, LLC, AFFILIATED ORGANIZATIONS. SERVICES INCLUDE PHYSICIAN AND STAFF COVERAGE, MEDICAL DIRECTORS, HOSPITALISTS, AND LABORATORY SERVICES. ALL OF THESE SERVICES SUPPORT THE DELIVERY OF HEALTHCARE TO THE COMMUNITY. 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 LEASED STAFF REVENUE AND COVID RELIEF FUNDS. CORPORATE ALLOCATED REVENUE - REVENUE PASSED THROUGH FROM FTCH, AN AFFILIATED ORGANIZATION. 45349396 52512004 372190406 true false false false false false false false false false true false false false false true false true false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false false true 0 0 2761 true false false false false false false false false false false false false X 10 10 false false false false true true true true true false false false true true true true true true true true false false X X DAVID DIRKSMEYER 4148053000 N74 W12501 LEATHERWOOD CT MENOMONEE FALLS WI 530514490 X Imran Andrabi MD Director & BOD V Chair (eff 7/1/24) 1.0 0 X X 0 0 0 John Raymond MD Director & BOD Chair 1.0 0 X X 0 0 0 Scott Hawig Director & Treasurer 1.0 0 X X 0 0 0 David Olson Director 1.0 0 X 0 0 0 Ian Schwartz MD Director 1.0 0 X 0 0 0 Joseph Kerschner MD Director 1.0 0 X 0 0 0 Kevin Regner MD Director 1.0 0 X 0 0 0 Kimberly Gecsi MD Director 1.0 0 X 0 0 0 Matthew Lester Director 1.0 0 X 0 0 0 Susan Campbell Director 1.0 0 X 0 0 0 Aileen Shinaman BOD Secretary (term 12/31/24) 1.0 0 X 0 0 0 Amir Ghaferi MD President 1.0 0 X 0 0 0 Nelsen Wahlstrom BOD Secretary (eff 1/1/25) 1.0 0 X 0 0 0 Amy Miller MD Chief Medical Officer 50.0 0 X 749934 0 99748 Ann Tesmer Sr VP Clinical Operations 50.0 0 X 610416 0 137126 Candice Lovell MD Doctor-OB/GYN 50.0 0 X 608218 0 59089 Douglas Marx DO Doctor & Chief Medical Officer 50.0 0 X 789471 0 40836 Melanie Delaney MD Doctor-OB/GYN 50.0 0 X 613704 0 50430 Mir Quryshi MD Doctor-Internal Medicine 50.0 0 X 720287 0 52069 Tyshunda Manning MD Doctor-OB/GYN 50.0 0 X 681537 0 61088 4773567 0 500386 486 false true false 0 0 SPECIALTY CARE SERVICES 621990 176817997 176817997 PRIMARY CARE SERVICES 621110 151725888 151725888 ANCILLARY CARE SERVICES 621990 49919293 49919293 0 0 0 0 378463178 0 0 0 0 MANAGEMENT FEES 900099 27662570 27662570 CORPORATE ALLOCATED REVENUE 900099 15670453 15670453 OTHER DEPT OPERATING REVENUE 900099 9178981 9178981 0 0 0 0 52512004 430975182 430975182 0 0 X 1698665 0 1698665 0 218986506 201831122 17155384 70034 0 70034 44479 37938 6541 14230694 13031193 1199501 27520 0 27520 141948701 120874056 21074645 0 1250662 1199390 51272 421996 360074 61922 31200277 29640263 1560014 92659 77759 14900 432975 390264 42711 121910 121910 5637917 5356021 281896 148248 148248 CORPORATE ALLOCATIONS 84375198 49273938 35101260 MEDICAL SUPPLIES 35720866 35713802 7064 ALL OTHER DIRECT EXPENS 2125706 939333 1186373 PROFESSIONAL DUES & LIC 582794 156008 426786 -108142625 -86960913 -21181712 0 430975182 372190406 58784776 0 600 600 45200325 50046809 0 0 0 0 1852557 2922029 193482 136082 199673787 97986031 77508132 101687756 0 0 17650 17650 124772746 154810926 55911648 65885890 0 0 1373695 1443729 0 0 57285343 67329619 X 67487403 87481307 67487403 87481307 124772746 154810926 X 0 19993904 X false true true true true X 39238019 6667102 32570917 39418154 13167331 26250823 112464458 78151598 34312860 8553156 8553156 101687756 0 X 0 0 0 0 0 0 0 0 0 0 0 0 Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote FROEDTERT THEDACARE HEALTH, INC. (FTCH), THE PARENT ENTITY INTO WHICH CP'S FINANCIAL RESULTS ARE CONSOLIDATED, APPLIES ASC TOPIC 740, INCOME TAXES, WHICH CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN A COMPANY'S FINANCIAL STATEMENTS. ASC TOPIC 740 PRESCRIBES A MORE-LIKELY THAN-NOT RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN. UNDER ASC TOPIC 740, TAX POSITIONS ARE EVALUATED FOR RECOGNITION, DERECOGNITION, AND MEASUREMENT USING CONSISTENT CRITERIA AND PROVIDE MORE INFORMATION ABOUT THE UNCERTAINTY IN INCOME TAX ASSETS AND LIABILITIES. AS OF JUNE 30, 2025 AND 2024, FTCH DOES NOT HAVE AN ASSET OR LIABILITY RECORDED FOR UNRECOGNIZED TAX POSITIONS. true true false false false false false true false Amy Miller MD Chief Medical Officer 541770 0 183214 0 24950 0 58138 0 41610 0 849682 0 0 0 Ann Tesmer Sr VP Clinical Operations 343473 0 197549 0 69394 0 99857 0 37269 0 747542 0 43907 0 Douglas Marx DO Doctor & Chief Medical Officer 401832 0 52948 0 334691 0 22097 0 18739 0 830307 0 111753 0 Mir Quryshi MD Doctor-Internal Medicine 653423 0 42758 0 24106 0 19425 0 32644 0 772356 0 0 0 Tyshunda Manning MD Doctor-OB/GYN 632652 0 19117 0 29768 0 21900 0 39188 0 742625 0 0 0 Candice Lovell MD Doctor-OB/GYN 563988 0 19314 0 24916 0 20250 0 38839 0 667307 0 0 0 Melanie Delaney MD Doctor-OB/GYN 592140 0 20371 0 1193 0 18579 0 31851 0 664134 0 0 0 Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation COMPENSATION OF CEO/EXECUTIVE DIRECTOR ESTABLISHED BY AFFILIATED ORGANIZATION, FROEDTERT THEDACARE HEALTH, THROUGH THE USE OF TALENT STRATEGY AND COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, WRITTEN EMPLOYMENT CONTRACT, COMPENSATION SURVEY OR STUDY AND APPROVAL BY THE BOARD OR TALENT STRATEGY AND COMPENSATION COMMITTEE. AMIR GHAFERI, MD, IS THE PRESIDENT OF CP AND IS EMPLOYED BY THE MEDICAL COLLEGE OF WISCONSIN. Schedule J, Part I, Line 4a Severance or change-of-control payment Severance: Marx, Douglas - $208,170 Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan 457(f) distributions: Marx, Douglas - $111,753 Tesmer, Ann - $43,907 457(f) plan participants: Marx, Douglas Miller, Amy Tesmer, Ann Schedule J, Part I, Line 7 Non-fixed payments BONUS COMPENSATION IS PAID BASED UPON ATTAINMENT OF SPECIFIC GOALS RELATED TO THE ORGANIZATION'S STRATEGY, SERVICE, QUALITY AND FINANCIAL STRENGTH. THE AMOUNT OF COMPENSATION IS CALCULATED USING SPECIFIED PERCENTAGES OF BASE SALARY FOR ACHIEVEMENT OF PARTICULAR GOAL LEVELS. HOWEVER, THE FROEDTERT THEDACARE HEALTH SYSTEM BOARD COMMITTEE WHICH ADMINISTERS THE BONUS COMPENSATION PROGRAM HAS DISCRETION OVER WHETHER TO PAY THE BONUS IN ANY GIVEN YEAR OR TO AMEND, CHANGE OR TERMINATE THE PROGRAM AT ANY TIME. Schedule J, Part II LINES 1, 3, and 5 through 7: INCENTIVE COMPENSATION IS PAID BASED UPON ATTAINMENT OF SPECIFIC GOALS RELATED TO THE ORGANIZATION'S CLINICAL QUALITY, PATIENT CARE SERVICE AND CERTAIN OTHER INDIVIDUAL PERFORMANCE METRICS. THE AMOUNT OF COMPENSATION IS CALCULATED USING SPECIFIC PERCENTAGES OF COMPENSATION FOR ACHIEVEMENT OF PARTICULAR GOAL LEVELS. CP'S BOARD OF DIRECTORS ADMINISTERS THE INCENTIVE COMPENSATION PROGRAM AND HAS DISCRETION TO APPROVE, AMEND OR CHANGE THE MIX OR TYPE OF METRICS USED. Form 990, Part III, Line 4a-4c Description of program services (Expenses $ 45,349,396 including grants of $)(Revenue $ 52,512,004) AS PART OF OPERATING AN INTEGRATED NETWORK OF HEALTHCARE PROVIDERS AND PROVIDING HEALTH CARE SERVICES TO THE COMMUNITY, OTHER REVENUE IS DERIVED IN THE FOLLOWING AREAS: REVENUE FROM HEALTH SYSTEM AFFILIATES - CONSISTS OF REVENUE DERIVED FROM MEDICAL AND ADMINISTRATIVE SERVICES PROVIDED TO SJH, CMH, FMLH, AND FROEDTERT HEALTH NEIGHBORHOOD HOSPITAL, LLC, AFFILIATED ORGANIZATIONS. SERVICES INCLUDE PHYSICIAN AND STAFF COVERAGE, MEDICAL DIRECTORS, HOSPITALISTS, AND LABORATORY SERVICES. ALL OF THESE SERVICES SUPPORT THE DELIVERY OF HEALTHCARE TO THE COMMUNITY. 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 LEASED STAFF REVENUE AND COVID RELIEF FUNDS. CORPORATE ALLOCATED REVENUE - REVENUE PASSED THROUGH FROM FTCH, AN AFFILIATED ORGANIZATION. Form 990, Part VI, Line 6 Classes of members or stockholders FTCH AND THE MEDICAL COLLEGE OF WISCONSIN (MCW) ARE THE CORPORATE MEMBERS OF CP. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body FTCH AND MCW EACH HAVE THE AUTHORITY TO APPOINT HALF BOARD MEMBERS. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders FTCH AND MCW JOINTLY EXERCISE RETAINED AUTHORITIES AND EACH MEMBER HAS CERTAIN POWERS RETAINED BY IT ONLY, AS DEFINED IN CP'S CORPORATE BYLAWS. Form 990, Part VI, Line 11b Review of form 990 by governing body FTCH (AN AFFILIATED ORGANIZATION) ACCOUNTING STAFF PREPARE FORM 990 WHICH IS REVIEWED BY FTCH FINANCIAL LEADERS. THE 990 IS THEN REVIEWED BY KPMG, FTCH'S OUTSIDE ACCOUNTING FIRM. NEXT, THE 990 IS PROVIDED TO THE FTCH AUDIT COMMITTEE AND BOARD OF DIRECTORS. FINALLY, THE 990 IS FILED AS REQUIRED. Form 990, Part VI, Line 12c Conflict of interest policy ALL DIRECTORS, OFFICERS, KEY EMPLOYEES, AND OTHER COVERED INDIVIDUALS ARE REQUIRED TO COMPLETE AND SIGN AN ANNUAL CONFLICT OF INTEREST DISCLOSURE FORM. THESE FORMS REQUIRE INDIVIDUALS TO IDENTIFY ANY ACTUAL, POTENTIAL, OR PERCEIVED CONFLICTS. SUBMITTED DISCLOSURES ARE REVIEWED BY THE COMPLIANCE/OGC, AND BOARD GOVERNANCE COMMITTEE. THROUGHOUT THE YEAR, INDIVIDUALS ARE REQUIRED TO UPDATE DISCLOSURES WHENEVER NEW CONFLICTS ARISE. THIS IS REENFORCED IN ANNUAL COMPLIANCE EDUCATION. IN ADDITION, BOARD COMMITTEE MEETINGS AND PROCUREMENT COMMITTEE MEETINGS HAVE CONFLICT OF INTEREST DISCLOSURES AS AN AGENDA ITEM. THE ORGANIZATION ENFORCES COI POLICY THROUGH PUTTING MANAGEMENT PLANS IN PLACE TO MITIGATE A POTENTIAL CONFLICT WHEN APPROPRIATE. ALL DISCLOSURES, EVALUATIONS, AND MITIGATION ACTIONS ARE DOCUMENTED AND RETAINED BY THE COMPLIANCE DEPARTMENT. Form 990, Part VI, Line 15a Process to establish compensation of top management official COMPENSATION REVIEW & APPROVAL PROCESS - CEO & TOP MANAGEMENT COMPENSATION OF TOP MANAGEMENT IS PAID BY AN AFFILIATED ORGANIZATION BUT A REVIEW IS PERFORMED. IN ESTABLISHING THE COMPENSATION OF THE ORGANIZATION'S TOP MANAGEMENT, INDEPENDENT COMPENSATION CONSULTANTS ARE UTILIZED, COMPENSATION STUDIES ARE COMPLETED TO GATHER COMPARATIVE DATA, PERSONS WITH A CONFLICT OF INTEREST REGARDING THE COMPENSATION ARRANGEMENTS AT ISSUE ARE NOT INVOLVED IN THE DECISION MAKING PROCESS, AND AMOUNTS ARE REVIEWED AND APPROVED BY THE TALENT STRATEGY AND COMPENSATION COMMITTEE OF THE FTCH (THE AFFILIATED ORGANIZATION) BOARD OF DIRECTORS. IN ADDITION, THERE IS CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING FOR DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENTS. Form 990, Part VI, Line 15b Process to establish compensation of other employees COMPENSATION REVIEW & APPROVAL PROCESS - OFFICERS & KEY EMPLOYEES COMPENSATION OF OFFICERS AND KEY EMPLOYEES IS PAID BY AN AFFILIATED ORGANIZATION BUT A REVIEW IS PERFORMED. IN ESTABLISHING THE COMPENSATION OF THE ORGANIZATION'S OFFICERS AND KEY EMPLOYEES, INDEPENDENT COMPENSATION CONSULTANTS ARE UTILIZED, COMPENSATION STUDIES ARE COMPLETED TO GATHER COMPARATIVE DATA, PERSONS WITH A CONFLICT OF INTEREST REGARDING THE COMPENSATION ARRANGEMENTS AT ISSUE ARE NOT INVOLVED IN THE DECISION MAKING PROCESS, AND AMOUNTS ARE REVIEWED AND APPROVED BY THE TALENT STRATEGY AND COMPENSATION COMMITTEE OF THE FTCH (THE AFFILIATED ORGANIZATION) BOARD OF DIRECTORS. IN ADDITION, THERE IS CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING FOR DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENTS. Form 990, Part VI, Line 19 Required documents available to the public FINANCIAL INFORMATION: FTCH'S QUARTERLY FINANCIAL INFORMATION (WHICH INCLUDES THE OPERATING RESULTS OF CP) IS MADE AVAILABLE TO THE PUBLIC ONLINE THROUGH THE DIGITAL ASSURANCE CORPORATION, INC. WEBSITE. ANYONE CAN REGISTER TO RECEIVE ONGOING ACCESS TO AND NOTIFICATIONS REGARDING FINANCIAL STATEMENTS AT THE ONLINE WEBSITE. GOVERNING DOCUMENTS AND COI POLICY: DOCUMENTS ARE AVAILABLE TO THE PUBLIC THROUGH THE CORPORATE OFFICE UPON REQUEST. Form 990, Part IX, Line 24e CP HAS ENTERED INTO AFFILIATE SUPPORT AGREEMENTS WITH FROEDTERT MEMORIAL LUTHERAN HOSPITAL, INC. (FMLH), COMMUNITY MEMORIAL HOSPITAL OF MENOMONEE FALLS, INC. (CMH) AND ST. JOSEPH'S COMMUNITY HOSPITAL OF WEST BEND, INC. (SJH), TO ENSURE ACCESS TO PRIMARY AND SPECIALTY CARE FOR THEIR PATIENTS. THESE AGREEMENTS PROVIDE AGGREGATE FINANCIAL SUPPORT TO CP IN AN AMOUNT EQUAL TO CP'S ANNUAL NET DEFICIT (EXPENSES AND LOSSES IN EXCESS OF REVENUES AND GAINS). THE AMOUNT OF THIS SUPPORT IS INCLUDED IN PART IX LINE 24E OF THE FORM 990, AND RESULTS IN CP'S REVENUE LESS EXPENSES EQUALING $0 FOR THE FISCAL YEAR ENDED JUNE 30, 2025. Form 990, Part IX, Line 11g Other Fees PURCHASED SERVICES-MEDICAL: - Total Expense: XXX-XX-XXXX, Program Service Expense: XXX-XX-XXXX, Management and General Expenses: 8526064, Fundraising Expenses: ; PURCHASED SERVICES-GENERAL: - Total Expense: 16046522, Program Service Expense: 3686476, Management and General Expenses: 12360046, Fundraising Expenses: ; REPAIRS & MAINT: - Total Expense: 3340863, Program Service Expense: 3340863, Management and General Expenses: , Fundraising Expenses: ; LANDSCAPING: - Total Expense: 525188, Program Service Expense: 525188, Management and General Expenses: , Fundraising Expenses: ; OTHER: - Total Expense: 6201, Program Service Expense: 5204, Management and General Expenses: 997, Fundraising Expenses: ; CONSULTING: - Total Expense: 187538, Program Service Expense: 0, Management and General Expenses: 187538, Fundraising Expenses: ; Form 990, Part XI, Line 9 Other changes in net assets or fund balances TRANSFER FROM AFFILIATES - 19993904; Total - 19993904;