April 4, 2016
Special congratulations to James Nelson, Senior Vice President and Chief Financial Officer at Fort HealthCare for winning the 2016 Wisconsin Health and Educational Facilities Authority (WHEFA) Award of Excellence, this annual award is given to someone in the industry that exemplifies excellence in their respective field. “We were pleased to present this award to Jim in grateful recognition for his contribution made to Wisconsin’s nonprofit healthcare industry.” – Dennis Reilly, Executive Director, WHEFA. According to Mike Wallace, President/CEO Fort HealthCare, “Jim has been instrumental in the fiscal health of Fort HealthCare. He is not only an effective leader internally; he is involved in the community with several organizations and their fiscal health as well. We are proud of his role with WHEFA and at Fort HealthCare.”
For over 36 years, WHEFA has been quietly fulfilling its mission of assisting Wisconsin’s non-profit institutions to obtain access to low-cost capital in order to finance or refinance their building and equipment improvements and expansion needs. During this time, WHEFA has issued over $22 billion of federally tax-exempt bonds to provide several hundred Wisconsin non-profit corporations access to private and public capital markets at lower costs than are available to them in the conventional marketplace. Pursuant to Section 231.10 of the Wisconsin Statutes, bonds issued by WHEFA are not considered indebtedness of the State of Wisconsin, and the State has no obligation to repay any bonds issued by WHEFA under any circumstances. Additionally, WHEFA does not utilize any State moneys to fund its operations.