ONTONAGON, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)ASPIRUS ONTONAGON HOSPITAL INC, founded in 2007, is a small nonprofit in the Health Care sector that reported $646K in total revenue in fiscal year 2024. Revenue fell 92% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $422K, a strong 65% operating margin.
WE HEAL PEOPLE, PROMOTE HEALTH AND STRENGTHEN COMMUNITIES.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $646,266 | $8,203,948 | -0.9% |
| Expenses | $223,909 | $11,361,976 | -1.0% |
| Net Income | $422,357 | $-3,158,028 | -1.1% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JOHN PIETILA MD | BOARD MEMBER/RADIOLOGIST | 1.00 |
Director
|
$0 | $50,605 | $1,012,932 |
| CONSTANCE BRADLEY | BOARD MEMBER/SVP-PRES. REG. MARKETS | 1.00 |
Director
|
$0 | $125,769 | $912,293 |
| DANIEL J LUKES DO | BOARD MEMBER/PHYSICIAN | 1.00 |
Director
|
$0 | $41,045 | $848,309 |
| JENNIFER REDMAN-SCHELL | VICE CHAIR/SVP & PRESIDENT-AMG | 1.00 |
Officer
Director
|
$0 | $105,151 | $832,530 |
| JONATHAN BRUEGGEMAN | BOARD MEMBER/MEDICAL DIRECTOR | 1.00 |
Director
|
$0 | $51,071 | $522,918 |
| PATRICK TINCHER JR | BOARD MEMBER/VP-FIN. REG. OPS. (THRU 01/24) | 1.00 |
Director
|
$0 | $50,390 | $419,681 |
| KRISTEN D MESKE NP-C | BOARD MEMBER/NP (THRU 09/24) | 1.00 |
Director
|
$0 | $4,057 | $165,741 |
| LORI P PECK | BOARD MEMBER/VP-FINANCE | 1.00 |
Director
|
$0 | $11,487 | $551,282 |
| JOHN D MATONICH | CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KIRK R SCHOTT OD | TREASURER (THRU 12/24) | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KATIE L CLARK | SECRETARY/TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| HANNAH L GOODMAN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| RICHARD J KOUBEK PHD | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CHARLY A LOPER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ROBIN L MENEZUGGO | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MATTHEW HEYWOOD | PRESIDENT & CEO ASPIRUS | 2.00 |
Officer
|
$0 | $361,440 | $4,230,174 |
| JERRY M YANG | SVP-CHIEF FINANCIAL OFFICER | 2.00 |
Officer
|
$0 | $138,394 | $815,634 |
| CHRISTINE HARFF | (NV) BOARD MEMBER/PRESIDENT | 1.00 |
Officer
|
$0 | $34,131 | $455,958 |
| NATALIE SEABER | (NV)PRES.-ASP. MI REG. (BEG MAY '25) | 1.00 |
Officer
|
$0 | $0 | $0 |
| JESSE TISCHER | FORMER BOARD MEMBER/SVP & PRES | 1.00 |
|
$0 | $5,855 | $738,834 |
| SIDNEY SCZYGELSKI | SR. VP OF FIN./CFO (FORMER) | 2.00 |
|
$0 | $37,990 | $1,508,031 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $646,266 | $223,909 | $326,103 | $422,357 |
| 2024 | No data | No data | No data | No data |
| 2023 | $11,414,108 | $12,981,613 | $6,154,218 | $-1,567,505 |
| 2022 | $12,215,002 | $14,117,212 | $7,267,316 | $-1,902,210 |
| 2021 | $14,759,485 | $14,833,623 | $11,394,285 | $-74,138 |
| 2020 | $14,541,563 | $14,286,485 | $13,314,651 | $255,078 |
| 2019 | $14,856,722 | $15,564,850 | $7,486,038 | $-708,128 |
| 2018 | $14,207,587 | $15,566,483 | $8,024,166 | $-1,358,896 |
Compare ASPIRUS ONTONAGON HOSPITAL INC with other nonprofits in Michigan and across the country.