Aspirus Health
Legal name: Aspirus Riverview Hospital & Clinics Inc
Nonprofit profile at a glance
- EIN
- 390868982
- IRS 990 coverage
- 2009–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Wausau, WI, United States
- Phone
- (800) 283-2881
- Rating
- 68
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Hospital, General
Reported finances
- Revenue
- $196,064,770
- Expenses
- $168,582,748
- Assets
- $107,620,900
- Liabilities
- $42,561,788
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 (BOARD MEMBER/SVP & PRESIDENT-AMG)
- MATTHEW HEYWOOD (PRESIDENT & CEO ASPIRUS)
- CARRIE PENOVICH ((NV) PRESIDENT-ASPIRUS SE DIVISION)
- CHRIS SQUIRE ((NV) PRESIDENT-ASPIRUS S AND SW DIV)
- 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
Treat each person in the best way possible. Hour by hour and moment by moment.
What it reported doing in 2024
Aspirus Wisconsin rapids hospital & clinics is a 38-staff bed hospital campus, located in Wisconsin rapids, wi, providing services without regard to patient race, creed, national origin, economic status, or ability to pay. During fiscal year 2025, aspirus riverview hospital & clinics treated approximately 2,697 adults and children for a total of approximately 10,620 patient days of service. The hospital and associated clinics also provided services for approximately 246,938 outpatient visits, which included approximately 5,594 outpatient surgeries and approximately 17,894 emergency room visits during fiscal year 2025. See schedule h for a non-exhaustive list of community benefit programs and descriptions.
Operating model
- Revenue model
- Other-operating. 100% of the money available for current operations came from other operating 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: 66
- Transparency & Controls: 66
- Accountability: 76
- Sustainability: 55
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 70.4%; rating input score 70
- Program expense ratio: 81.9%; rating input score 82
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 92.3%; rating input score 92; 12th 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: 62.8%; rating input score 63; 13th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 58.3%; rating input score 58; 16th 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: 14%; rating input score 81; 81st percentile among comparable filings
- Total-asset coverage ratio: 0.64; rating input score 25; 25th percentile among comparable filings
- Liabilities to assets ratio: 0.4; rating input score 45; 45th percentile among comparable filings
- Officer compensation ratio: 3.1%; rating input score 36; 36th percentile among comparable filings
Growth
- Program expense growth: 6.6% per year; rating input score 100; 54th percentile among comparable filings
- Revenue growth: 5.7% per year; rating input score 100; 49th percentile among comparable filings
- Asset growth: -1.3% per year; rating input score 0; 5th percentile among comparable filings
Details
- What they do: 4 programs and campaigns described on the official site · 3 operating locations identified
- Where the money goes: 70.4% of revenue deployed · 81.9% of spending went to programs
- Governance: 7 of 12 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $138M 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 · $21.3M reported
- Consistency: 33 of 34 current checks pass · 1 finding to review
- Schedules: 10 filed schedules · includes major donors, grants, executive pay, and related organizations
- Filing history: 15 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 7 filed money-flow records
- Related organizations: 35 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 58/100.
- High — Sustainability: Total-asset coverage ratio scored 25/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Officer compensation ratio scored 36/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Moderate — Sustainability: Liabilities to assets ratio scored 45/100.