Aspirus Health

Legal name: Aspirus Iron River Hospital & Clinics Inc

Nonprofit profile at a glance

EIN
383236977
IRS 990 coverage
2011–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024, Form 990-T 2024
Location
Wausau, WI, US
Phone
(800) 283-2881
Rating
65
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Hospitals and Related Primary Medical Care Facilities

Official website

Reported finances

Revenue
$45,370,087
Expenses
$44,019,640
Assets
$25,259,639
Liabilities
$3,987,991

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

34 people listed

Executive titles in this filing

  • JENNIFER REDMAN-SCHELL (VICE CHAIR/SVP & PRESIDENT-AMG)
  • MATTHEW HEYWOOD (PRESIDENT & CEO ASPIRUS)
  • CHRISTINE HARFF ((NV) PRESIDENT-UP REGION (THRU 11/24))
  • JESSE TISCHER (SVP & PRESIDENT-AWH (FORMER))

Highest reported compensation

  • MATTHEW HEYWOOD (PRESIDENT & CEO ASPIRUS): $4,230,174 total reported compensation
  • SIDNEY SCZYGELSKI (SVP OF FINANCE/CFO (FORMER)): $1,508,031 total reported compensation
  • MICHAEL HOLZHUETER (SVP-CHIEF HR OFFICER): $1,016,165 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Heal people, promote health, and strengthen communities.

What it reported doing in 2024

Aspirus iron river hospital (air) provides comprehensive inpatient, outpatient, emergency, medical and physician clinic services. Air had 432 inpatient and swing bed discharges and 1,825 inpatient days along with 7,999 emergency department visits with an emergency provider staffed 24/7. Air has 2 provider clinics, one on the hospital campus and one located 15 miles away in crystal falls, mi., both provided 19,465 patient visits in 2025. The hospital has fully functioning lab and radiology departments that are supplemented by a mobile mri unit that visits the hospital campus two times a week. Both ip and op surgeries are performed with total or cases of 647 in 2025. Because of regional affiliation, air is also able to provide orthopedic, cardiology, behavioral health, wound care, vascular, podiatry and oncology services.

Operating model

Revenue model
Earned-program. 99% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and a relatively small share of voting board members are independent.

Rating breakdown

  • Financial Efficiency: 64
  • Transparency & Controls: 71
  • Accountability: 71
  • Sustainability: 38
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 71.4%; rating input score 71
  • Program expense ratio: 73.7%; rating input score 74
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 50%; rating input score 50; 8th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 3%; rating input score 46; 46th percentile among comparable filings
  • Total-asset coverage ratio: 0.57; rating input score 19; 19th percentile among comparable filings
  • Liabilities to assets ratio: 0.16; rating input score 64; 64th percentile among comparable filings
  • Officer compensation ratio: 8.5%; rating input score 27; 27th percentile among comparable filings

Growth

  • Program expense growth: -1.1% per year; rating input score 0; 8th percentile among comparable filings
  • Revenue growth: 0.6% per year; rating input score 100; 10th percentile among comparable filings
  • Asset growth: -1.8% per year; rating input score 0; 6th percentile among comparable filings

Details

  • What they do: 1 programs and campaigns described on the official site · 3 operating locations identified
  • Where the money goes: 71.4% of revenue deployed · 73.7% of spending went to programs
  • Governance: 6 of 12 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $32.4M in reported program spending
  • Leadership: top reported pay $4.2M · 34 people listed · 0 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $4.2M reported
  • Consistency: 32 of 32 current checks pass
  • Schedules: 9 filed schedules · includes major donors, executive pay, and related organizations
  • Filing history: 13 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 6 filed money-flow records
  • Related organizations: 34 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Review — Accountability: Independent voting board scored 50/100.
  • High — Growth: Program expense growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 46/100.
  • High — Sustainability: Total-asset coverage ratio scored 19/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 27/100.