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Filing year 2023

Froedtert ThedaCare Health Inc

Milwaukee, Wisconsin·EIN 39-2014409·NTEE E21 · Health Care·501(c)(3)
Total revenue
$2.8B
Total assets
$5.5B
Total expenses
$1.2B
Reported officers
38
Mission

FROEDTERT THEDACARE HEALTH, INC. ADVANCES THE HEALTH OF THE PEOPLE OF THE DIVERSE COMMUNITIES WE SERVE THROUGH EXCEPTIONAL CARE ENHANCED BY INNOVATION AND DISCOVERY.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 27 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Health Care organizations in Wisconsin.

Director & Ceo/president
Above 90th percentile
$6.2M
$6.8M
Base
$1.7M
Bonus
$1.9M
Other
$2.2M
Benefits
$37k
Director & Evp/ftch COO (term Sep23)
Above 90th percentile
$2.9M
$3.2M
Base
$581k
Bonus
$1.4M
Other
$771k
Benefits
$25k
Treasurer
Above 90th percentile
$2.1M
$2.3M
Base
$980k
Bonus
$631k
Other
$221k
Benefits
$36k
Fmlh President (term Apr24)
Key Employee
Above 90th percentile
$1.6M
$1.8M
Base
$766k
Bonus
$494k
Other
$143k
Benefits
$37k
Ftch CIO
Chief Information Officer
Above 90th percentilevs Health Care peers nationwide
$1.5M
$1.7M
Base
$567k
Bonus
$714k
Other
$47k
Benefits
$32k
Sr VP & Chief Strategy Off
Board Vice President
Above 90th percentile
$1.4M
$1.5M
Base
$618k
Bonus
$393k
Other
$181k
Benefits
$37k
Exec VP & Chief Clinical Officer
Board Vice President
Above 90th percentile
$1.4M
$1.5M
Base
$893k
Bonus
$205k
Other
$25k
Benefits
$37k
Secr & Sr VP Chief Legal Off (term Dec23)
Vice President
Above 90th percentile
$1.3M
$1.5M
Base
$601k
Bonus
$383k
Other
$163k
Benefits
$36k
Ftch Sr Vp/chief HR Officer
Key Employee
Above 90th percentile
$1.3M
$1.4M
Base
$591k
Bonus
$375k
Other
$136k
Benefits
$25k
Ftch Sr Vp/chief Experience Off
Highest Compensated Employee
Above 90th percentile
$1.2M
$1.3M
Base
$535k
Bonus
$342k
Other
$139k
Benefits
$35k
Ftch Chief Innovation & Digital Officer
Highest Compensated Employee
75th to 90th percentile
$1.1M
$1.2M
Base
$226k
Bonus
$114k
Other
$693k
Benefits
$17k
Chd President
Key Employee
Above 90th percentile
$1M
$1.2M
Base
$565k
Bonus
$143k
Other
$167k
Benefits
$37k
VP Managed Care & Rev Cycle
Board Vice President
Above 90th percentile
$1M
$1.1M
Base
$368k
Bonus
$475k
Other
$68k
Benefits
$37k
Doctor
Highest Compensated Employee
75th to 90th percentile
$884k
$977k
Base
$813k
Bonus
Other
$23k
Benefits
$31k
Fmlh COO
Above 90th percentile
$854k
$943k
Base
$528k
Bonus
$134k
Other
$24k
Benefits
$38k
Chd COO
Above 90th percentile
$821k
$907k
Base
$448k
Bonus
$114k
Other
$127k
Benefits
$15k
Former - Key (sr VP Ancillary Svcs)
Board Vice President
Above 90th percentile
$787k
$869k
Base
$409k
Bonus
$107k
Other
$120k
Benefits
$41k
Director & Bod Chair
Board Chair
10th to 25th percentilevs Health Care peers nationwide
$9k
$10k
Director
Board Member
10th to 25th percentile
$6k
$7k
Director
Board Member
10th to 25th percentile
$6k
$7k
Director (term Dec23)
Board Member
10th to 25th percentile
$5k
$6k
Director (term Dec23)
Board Member
10th to 25th percentile
$5k
$6k
Director
Board Member
10th to 25th percentile
$5k
$6k
Director (deceased Jun24)
Board Member
10th to 25th percentile
$5k
$6k
Director
Board Member
10th to 25th percentile
$5k
$6k
Director (term Dec23)
Board Member
10th to 25th percentile
$5k
$6k
Director
Board Member
10th to 25th percentile
$5k
$6k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 11 unpaid individuals.

Browse compensation in Health Care

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at Froedtert ThedaCare Health Inc equaled 0.5% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2023)
0.5%
Sector median
4%
Middle half of sector
1% to 13%

Based on 13,830 health care organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 60%
from 2022

From $3.9M in 2022 to $6.2M in 2023.

$3.9M
2022
$6.2M
2023
In today's dollarsEst.
Up 54% in real terms$4.4M to $6.8M

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 60% from 2022 to 2023, while revenue rose 151%.

$3.9M in 2022 to $6.2M in 2023.
  • Chief Operating Officer pay rose 105% from 2022 to 2023.
  • Chief Financial Officer pay rose 5% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about Froedtert ThedaCare Health Inc

What does the Chief Executive Officer of Froedtert ThedaCare Health Inc earn?

In 2023, the Chief Executive Officer of Froedtert ThedaCare Health Inc received $6,191,269 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Health Care organizations in Wisconsin: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at Froedtert ThedaCare Health Inc compare with similar nonprofits?

Compared with the same role at Health Care organizations in Wisconsin, the 2023 pay of the Chief Executive Officer at Froedtert ThedaCare Health Inc falls in the top 10%. In 2023, the highest total compensation at Froedtert ThedaCare Health Inc equaled 0.5% of the organization's total expenses. The median for health care organizations is 4%.

What are Froedtert ThedaCare Health Inc's revenue and expenses?

In 2023, Froedtert ThedaCare Health Inc reported $2.8B in total revenue and $1.2B in total expenses on its IRS Form 990.

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