ASPIRUS RIVERVIEW HOSPITAL & CLINICS INC (EIN 390868982) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1912

Legal Domicile

Principal Officer

MATTHEW HEYWOOD

Phone

7154229292

Tax Period

2023-07-01 to 2024-06-30

ASPIRUS RIVERVIEW HOSPITAL & CLINICS INC, founded in 1912, is a major nonprofit in the Health Care sector that reported $178.2M in total revenue in fiscal year 2023. Expenses of $155.3M left a modest 13% surplus.

Mission

WE HEAL PEOPLE, PROMOTE HEALTH, AND STRENGTHEN COMMUNITIES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $597,781

Program Service Revenue $174,440,904

Investment Income $2,610,777

Other Revenue $534,213

TOTAL REVENUE $178,183,675

Expense Breakdown

Grants Paid $7,500

Salaries & Benefits $60,186,676

Fundraising Expenses $0

Program Expenses $125,428,499

Other Expenses $95,138,275

TOTAL EXPENSES $155,332,451

Year-over-Year Comparison

	2023	2022	Change
Revenue	$178,183,675	$173,475,479	+0.0%
Expenses	$155,332,451	$142,925,260	+0.1%
Net Income	$22,851,224	$30,550,219	-0.3%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

703

Volunteers

132

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✓ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$5,914,137

Total Directors

$4,416,937

Key Employees

$3,719,869

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARY D IRONSIDE	CHAIR	1.00	Officer Director	$0	$0	$0
DANIEL J BURNS	VICE CHAIR	1.00	Officer Director	$0	$0	$0
JESSE TISCHER	V. CHAIR (THRU JAN '24)/SVP&PRES. AWH	1.00	Officer Director	$0	$116,000	$880,397
CRAIG BROEREN	TREASURER (THRU JUNE '24)	1.00	Officer Director	$0	$0	$0
LYNN M VOGT	TREASURER	1.00	Officer Director	$0	$0	$0
CONSTANCE BRADLEY	SECRETARY/SVP-PRES REG MKTS	1.00	Officer Director	$0	$90,167	$579,645
MICHAEL J BOVEE	BOARD MEMBER	1.00	Director	$0	$0	$0
TRINA DANIELS MD	BOARD MEMBER/PHYSICIAN	1.00	Director	$0	$39,371	$582,463
JUSTIN HUEBNER	BOARD MEMBER	1.00	Director	$0	$0	$0
SUSAN KRECKMAN MD	BOARD MEMBER/PHYSICIAN	1.00	Director	$0	$38,090	$380,530
BONITA KOLRUD MD	BOARD MEMBER/PHYSICIAN	1.00	Director	$0	$40,188	$398,492
SHELLY MONDEIK EDD	BOARD MEMBER	1.00	Director	$0	$0	$0
JOSHUA POGORELEC DO	BOARD MEMBER/REGIONAL MED. DIRECTOR	1.00	Director	$0	$45,626	$750,264
JENNIFER REDMAN-SCHELL	BOARD MEMBER/SVP & PRES. -AMG	1.00	Director	$0	$94,564	$702,198
REBECCA SOMMER PHD	BOARD MEMBER	1.00	Director	$0	$0	$0
MARY MERDAN APNP	BOARD MEMBER (THRU JUNE '23)/NURSE PRACTIONER	1.00	Director	$0	$32,824	$142,948
JERRY M YANG	SVP-CHIEF FINANCIAL OFFICER	2.00	Officer	$0	$0	$0
ROBERT SMITH	(NV) PRESIDENT-ASPIRUS SE	1.00	Officer	$0	$54,865	$449,120
BRIAN KIEF	(NV) PRESIDENT-ADS & ARH	1.00	Officer	$0	$44,481	$417,755
JEFFREY JONES	SVP-CFO (THRU 04/23)	2.00	Officer	$0	$12,956	$235,898
SIDNEY SCZYGELSKI	SENIOR VP OF FINANCE/CFO	2.00	Officer	$0	$134,273	$1,429,019
MATTHEW HEYWOOD	PRESIDENT & CEO ASPIRUS	2.00	Officer	$0	$304,186	$1,922,303
TODD RICHARDSON	SVP-CHIEF INFORMATION OFFICER	2.00	Key Emp	$0	$76,560	$427,009
JAMES MATHESON	SVP-CHIEF STRATEGY OFFICER	2.00	Key Emp	$0	$102,957	$625,908
ERIC ANDERSON	CHIEF COMPLIANCE OFFICER	2.00	Key Emp	$0	$99,668	$598,403
SUSAN SCHNEIDER	VP-SYSTEM SR. PHYSICIAN EXEC.	2.00	Key Emp	$0	$34,165	$544,327
MICHAEL HOLZHUETER	SVP-GENERAL COUNSEL	2.00	Key Emp	$0	$115,911	$804,846
MICHAEL WALTERS	SVP-SYSTEM CHIEF MEDICAL OFFICER	2.00	Key Emp	$0	$49,745	$719,376
SEAN CASHIN	PHYSICIAN	40.00	Highest	$689,153	$46,336	$735,489
RICHARD WESSLING	PHYSICIAN	40.00	Highest	$598,415	$45,594	$644,009
THOMAS FERK	PHYSICIAN	40.00	Highest	$599,648	$39,652	$639,300
JOEL CARLSON	PHYSICIAN	40.00	Highest	$553,800	$41,809	$595,609
ANNA OLSON	PHYSICIAN	40.00	Highest	$541,340	$49,167	$590,507

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	$178,183,675	$155,332,451	$179,314,426	$22,851,224
2023	$173,475,479	$142,925,260	$172,257,457	$30,550,219
2022	$174,279,731	$140,883,153	$174,264,879	$33,396,578
2021	$165,612,091	$136,080,708	$202,900,701	$29,531,383
2020	$158,328,695	$133,917,933	$210,052,304	$24,410,762
2019	$154,838,134	$131,250,101	$216,644,695	$23,588,033
2018	$142,713,796	$123,189,240	$197,025,509	$19,524,556

ASPIRUS RIVERVIEW HOSPITAL & CLINICS INC