Aspirus Health

Legal name: Aspirus Wausau Hospital Inc

Nonprofit profile at a glance

EIN
391138241
IRS 990 coverage
2009–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024, Form 990-T 2024
Location
Wausau, WI, US
Phone
800-283-2881
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Hospital, General

Official website

Reported finances

Revenue
$791,957,550
Expenses
$718,720,687
Assets
$410,820,717
Liabilities
$190,625,305

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

Leadership & pay

31 people listed

Executive titles in this filing

  • MATTHEW HEYWOOD (PRESIDENT & CEO ASPIRUS)
  • JEFFREY WICKLANDER ((NV) PRESIDENT-ASPIRUS CENT. REG.)
  • JENNIFER REDMAN-SCHELL ((NV) SVP & PRESIDENT-AMG)
  • JESSE TISCHER (SVP & PRESIDENT-AWH (FORMER))

Highest reported compensation

  • MATTHEW HEYWOOD (PRESIDENT & CEO ASPIRUS): $4,230,174 total reported compensation
  • CHRISTOPHER PLATTA (REGIONAL MEDICAL DIRECTOR): $2,434,053 total reported compensation
  • ANDREW HUANG (PHYSICIAN): $2,431,335 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 wausau hospital, inc. Provides hospital services for residents of wausau, stevens point and the surrounding communities regardless of their ability to pay.

Operating model

Revenue model
Other-operating. 99% 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 - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of voting board members are independent and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 65
  • Transparency & Controls: 91
  • Accountability: 65
  • Sustainability: 51
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 69.8%; rating input score 70
  • Program expense ratio: 76.9%; rating input score 77
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 92.3%; rating input score 92; 12th percentile among comparable filings
  • Pay-setting controls: 5 of 6 controls in place; rating input score 83
    • Compensation committee: Pass
    • Independent consultant: Pass
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 91.1%; rating input score 91; 23rd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 40%; rating input score 40; 11th 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: 9.2%; rating input score 71; 71st percentile among comparable filings
  • Total-asset coverage ratio: 0.57; rating input score 22; 22nd percentile among comparable filings
  • Liabilities to assets ratio: 0.46; rating input score 39; 39th percentile among comparable filings
  • Officer compensation ratio: 1.8%; rating input score 59; 59th percentile among comparable filings

Growth

  • Program expense growth: 7.3% per year; rating input score 100; 59th percentile among comparable filings
  • Revenue growth: 6.1% per year; rating input score 100; 53rd percentile among comparable filings
  • Asset growth: 1.8% per year; rating input score 100; 13th percentile among comparable filings

Details

  • What they do: 9 programs and campaigns described on the official site · 3 operating locations identified
  • Where the money goes: 69.8% of revenue deployed · 76.9% of spending went to programs
  • Governance: 4 of 10 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $552.9M in reported program spending
  • Leadership: top reported pay $4.2M · 31 people listed · 5 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $75.6M reported
  • Consistency: 35 of 36 current checks pass · 1 finding to review
  • Schedules: 10 filed schedules · includes major donors, grants, executive pay, and related organizations
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 16 filed money-flow records
  • Related organizations: 42 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.

  • Moderate — Accountability: Independent voting board scored 40/100.
  • High — Sustainability: Total-asset coverage ratio scored 22/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 39/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Review — Sustainability: Officer compensation ratio scored 59/100.