Aspirus St. Luke's Hospital

What it reported doing in 2024

Aspirus st. Luke's is a not-for-profit, community-based, non-denominational hospital, governed by a volunteer board of directors.our medical staff is open to all qualified physicians and allied health professionals. Aspirus st. Luke's emergency department serves patients regardless of ability to pay.aspirus st. Luke's research department, the whiteside institute for clinical research, participates in investigational drug protocols that are non-funded or under-funded. Aspirus st. Luke's is a clinical training site for many healthcare students. In addition to medical students and residents, we provide clinical training for students in nursing, physical medicine, radiology, respiratory, lab, medical assistant, occupational therapy, physician assistant, dietetics, social work, medical record coding, paramedic, health unit coordinator, surgical technology, anesthesia, and pharmacy.we contributed to scholarship funds for medical students at the university of Minnesota duluth school of medicine and nursing students at the college of st. Scholastica and lake superior college. Other education activities reach tens of thousands of people through community education and outreach, health screenings, support groups, and other community services.our speakers bureau offered programs at no charge to thousands more. Topics presented included men's health, women and breast cancer, children's nutrition, mental health issues, cardiac issues, fall prevention, first aid, diabetes, eye and lung issues, and infection control.we also offered tours to dozens of community and school groups, made medical supplies/equipment donations to community and medical relief organizations, donated newspaper advertising space for the junior league of duluth, participated in the community coalition for fall prevention, and offered brochure printing services to a local medical professional group.annually, we provide rent-free, hundreds of hours of free meeting space for community groups such as the lyme disease support group, mothers of multiples, and the ostomy club, and organizations such as the Minnesota homecare association, the boy scouts, and the college of st. Scholastica.we offer support groups to the community, including: heart-to-heart support groupparkinson's diseaselook good feel good group (through the american cancer society)cancer information and support groupostomy clubbreast cancer support groupdiabetes support group (sponsored by aspirus st. Luke's, duluth diabetes center, and the duluth family practice center)insulin pump support group (sponsored by aspirus st. Luke's duluth diabetes center and the duluth family practice center)celiac support group (sponsored by aspirus st. Luke's and st. Mary's/duluth clinic)we participate in medicaid, medicare, champus, tricare, and other government-sponsored healthcare programs.

Financial Efficiency

• Mission deployment rate: 88.4%; rating input score 88
• Program expense ratio: 85.3%; rating input score 85
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 93.8%; rating input score 94; 25th 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: 74.2%; rating input score 74; 15th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Yes; rating input score 100

Accountability

• Independent voting board: 63.6%; rating input score 64; 18th 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: -4.2%; rating input score 14; 14th percentile among comparable filings
• Total-asset coverage ratio: 0.79; rating input score 31; 31st percentile among comparable filings
• Liabilities to assets ratio: 0.64; rating input score 26; 26th percentile among comparable filings
• Officer compensation ratio: 1.6%; rating input score 63; 63rd percentile among comparable filings

Growth

• Program expense growth: 4.8% per year; rating input score 100; 38th percentile among comparable filings
• Revenue growth: 4.4% per year; rating input score 100; 36th percentile among comparable filings
• Asset growth: 9.3% per year; rating input score 100; 66th percentile among comparable filings