IRON RIVER, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)ASPIRUS IRON RIVER HOSPITAL & CLINICS INC, founded in 1995, is a mid-sized nonprofit in the Health Care sector that reported $39.2M in total revenue in fiscal year 2022.
WE HEAL PEOPLE, PROMOTE HEALTH AND STRENGTHEN COMMUNITIES.
ASPIRUS IRON RIVER HOSPITAL (AIR) PROVIDES COMPREHENSIVE INPATIENT, OUTPATIENT, EMERGENCY, MEDICAL AND PHYSICIAN CLINIC SERVICES. IN 2022, AIR HAD 428 INPATIENT ADMISSIONS AND 1,869 INPATIENT DAYS...
ASPIRUS IRON RIVER HOSPITAL (AIR) PROVIDES COMPREHENSIVE INPATIENT, OUTPATIENT, EMERGENCY, MEDICAL AND PHYSICIAN CLINIC SERVICES. IN 2022, AIR HAD 428 INPATIENT ADMISSIONS AND 1,869 INPATIENT DAYS ALONG WITH 7,019 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 21,822 PATIENT VISITS IN 2022. THE HOSPITAL ALSO PROVIDES ICU SERVICES ALONG WITH A SWING BED PROGRAM. THE HOSPITAL ALSO HAS FULLY FUNCTIONING LAB AND RADIOLOGY DEPARTMENTS THAT ARE SUPPLEMENTED BY A MOBILE MRI UNIT THAT VISITS THE HOSPITAL CAMPUS BIWEEKLY. BOTH IP AND OP SURGERIES ARE PERFORMED WITH TOTAL OR CASES OF 685 IN 2022. BECAUSE OF REGIONAL AFFILIATION, AIR IS ALSO ABLE TO PROVIDE ORTHOPEDIC, OB CLINIC VISITS, CARDIOLOGY, BEHAVIORAL HEALTH, AND ONCOLOGY SERVICES.
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)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $39,155,224 | $39,988,513 | 0.0% |
| Expenses | $41,025,587 | $39,808,843 | +0.0% |
| Net Income | $-1,870,363 | $179,670 | -11.4% |
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 |
|---|---|---|---|---|---|---|
| JESSE TISCHER | BOARD MEMBER/SVP & PRES. REG. MKTS | 1.00 |
Director
|
$0 | $128,595 | $910,170 |
| JOHN PIETILA | BOARD MEMBER/RADIOLOGIST | 1.00 |
Director
|
$0 | $57,266 | $934,005 |
| DANIEL J LUKES DO | BOARD MEMBER/PHYSICIAN | 1.00 |
Director
|
$0 | $46,236 | $849,041 |
| JENNIFER REDMAN-SCHELL | VICE CHAIR/SVP & PRESIDENT-AMG | 1.00 |
Officer
Director
|
$0 | $101,726 | $742,874 |
| JONATHAN N BRUEGGEMAN | BOARD MEMBER/CMO-UP REGION | 1.00 |
Director
|
$0 | $55,802 | $506,441 |
| PATRICK TINCHER JR | BOARD MEMBER/VP FINANCE REGIONAL OPS. | 1.00 |
Director
|
$0 | $56,521 | $392,996 |
| KRISTEN D MESKE NP-C | BOARD MEMBER/NURSE PRACTITIONER | 1.00 |
Director
|
$136,910 | $5,756 | $142,666 |
| JOHN D MATONICH | CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| STEVEN TINTI | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KATIE CLARK | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ROBIN MENEZUGGO | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| RICHARD J KOUBEK PHD | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JAMES R RICHARDSON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KIRK R SCHOTT | BOARD MEMBER/PHYSICIAN | 1.00 |
Director
|
$0 | $0 | $0 |
| MATTHEW HEYWOOD | PRESIDENT & CEO ASPIRUS | 2.00 |
Officer
|
$0 | $311,110 | $2,111,048 |
| SIDNEY SCZYGELSKI | SR. VP OF FINANCE/CFO | 2.00 |
Officer
|
$0 | $144,118 | $2,055,582 |
| CHRISTINE HARFF | (NV) PRESIDENT - REGIONAL UP | 1.00 |
Officer
|
$0 | $103,257 | $562,679 |
| MICHAEL HOLZHUETER | SVP-GENERAL COUNSEL | 2.00 |
Key Emp
|
$0 | $123,676 | $796,592 |
| JAMES MATHESON | SVP-CHIEF STRATEGY OFFICER | 2.00 |
Key Emp
|
$0 | $110,893 | $650,294 |
| TODD RICHARDSON | SVP & CHIEF INFO. OFF. (THRU 06/23) | 2.00 |
Key Emp
|
$0 | $104,438 | $639,306 |
| ERIC ANDERSON | SVP-SERVICE LINE & PATIENT EXP. | 2.00 |
Key Emp
|
$0 | $106,843 | $626,769 |
| CONSTANCE BRADLEY | SVP-SYSTEM CHIEF NURSING EXECUTIVE | 2.00 |
Key Emp
|
$0 | $95,550 | $597,582 |
| DEBRA BALL | SVP & CHIEF HR OFFICER | 2.00 |
Key Emp
|
$0 | $103,553 | $562,392 |
| CRYSTAL KIRSCHLING | VP-REGIONAL INTEGRATION OFFICER | 2.00 |
Key Emp
|
$0 | $48,718 | $397,161 |
| WILLIAM CARROLL | VP-INFORMATION TECHNOLOGY | 2.00 |
Key Emp
|
$0 | $49,427 | $370,543 |
| SCOTT REMMICH | VP-CHIEF COMPLIANCE OFFICER | 2.00 |
Key Emp
|
$0 | $45,336 | $349,829 |
| ANDREW COSTIC | VP-FINANCE UP REGION | 2.00 |
Key Emp
|
$0 | $24,274 | $296,975 |
| MARGUERITE HALE | VP-REG. PATIENT CARE & CNO | 2.00 |
Key Emp
|
$0 | $13,384 | $273,108 |
| MEDHAT FANOUS | PHYSICIAN | 40.00 |
Highest
|
$0 | $40,148 | $728,022 |
| ALBERT PENNEY | PHYSICIAN | 40.00 |
Highest
|
$0 | $23,691 | $488,249 |
| TAKI RIDA | PHYSICIAN | 40.00 |
Highest
|
$0 | $49,298 | $410,070 |
| SHIRIN SULTANA | PHYSICIAN | 40.00 |
Highest
|
$0 | $56,910 | $373,598 |
| DONALD PATTON | PHYSICIAN | 40.00 |
Highest
|
$0 | $34,295 | $278,367 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | No data | No data | No data | No data |
| 2023 | $39,155,224 | $41,025,587 | $29,017,921 | $-1,870,363 |
| 2022 | $39,988,513 | $39,808,843 | $34,664,104 | $179,670 |
| 2021 | $38,259,105 | $36,954,323 | $37,384,474 | $1,304,782 |
| 2020 | $39,876,602 | $40,278,345 | $38,373,665 | $-401,743 |
| 2019 | $40,859,089 | $43,879,798 | $31,829,580 | $-3,020,709 |
| 2018 | $44,261,373 | $46,024,147 | $33,695,790 | $-1,762,774 |
Compare ASPIRUS IRON RIVER HOSPITAL & CLINICS INC with other nonprofits in Michigan and across the country.