ASPIRUS RIVERVIEW FOUNDATION INC

EIN: 391509239 501(c)(3)

WISCONSIN RAPIDS, WI

Total Revenue
$257,859
Total Expenses
$6,425,931
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
WI
Principal Officer
GREGG GEHRKE
Phone
7154217488
Tax Period
2025-01-01 to 2025-12-31

ASPIRUS RIVERVIEW FOUNDATION INC, founded in 1984, is a small nonprofit that reported $258K in total revenue in fiscal year 2025. Revenue fell 85% from the prior year — a significant decline worth monitoring. Expenses of $6.4M exceeded revenue, resulting in a 2392% operating deficit.

Mission

IN ACCORDANCE WITH ITS MISSION STATEMENT, THE ASPIRUS RIVERVIEW FOUNDATION IS COMMITTED TO THE COMMUNITIES IT SERVES AND TO RESPONSIBLY REPRESENT ITS DONORS BY:1) SUPPORTING THE WORK OF ASPIRUS RIVERVIEW HOSPITAL AND CLINICS, INC.2) REDUCING SUBSTANCE ABUSE AND ADDICTION3) IMPROVING MENTAL HEALTH, ESPECIALLY IN ADOLESCENTS4) IMPROVING PHYSICAL AND NUTRITIONAL FITNESS, ESPECIALLY FOR YOUTH AND ELDERLY POPULATIONS5) PROVIDING ASSISTANCE TO INDIVIDUALS AND FAMILIES IN NEED DURING THEIR MEDICAL TREATMENT 6) PROMOTING A HEALTHY, SAFE, AND CONNECTED COMMUNITY

Program Service Accomplishments

Program 1
Expenses: $6,390,403 Revenue: $0

THE FOUNDATION IS OPERATED FOR CHARITABLE, EDUCATIONAL, MEDICAL, AND SCIENTIFIC PURPOSES FOR THE BENEFIT OF ASPIRUS RIVERVIEW HOSPITAL & CLINICS, INC. AND OTHER HEALTH CARE AND SOCIAL SERVICE...

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THE FOUNDATION IS OPERATED FOR CHARITABLE, EDUCATIONAL, MEDICAL, AND SCIENTIFIC PURPOSES FOR THE BENEFIT OF ASPIRUS RIVERVIEW HOSPITAL & CLINICS, INC. AND OTHER HEALTH CARE AND SOCIAL SERVICE ORGANIZATIONS WITHIN ITS SERVICE AREA.

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Trantor Score

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

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

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $81,681
Program Service Revenue $0
Investment Income $176,178
Other Revenue $0
TOTAL REVENUE $257,859

Expense Breakdown

Grants Paid $6,390,403
Salaries & Benefits $10,307
Fundraising Expenses $0
Program Expenses $6,390,403
Other Expenses $25,221
TOTAL EXPENSES $6,425,931

Year-over-Year Comparison

2025 2024 Change
Revenue $257,859 $1,676,037 -0.8%
Expenses $6,425,931 $129,789 +48.5%
Net Income $-6,168,072 $1,546,248 -5.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
5

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
4
$10,307
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NANCY ROTH-MALLEK CHAIR 1.00
Officer Director
$0 $0 $0
STEVE WALCZAK VICE CHAIR 1.00
Officer Director
$0 $0 $0
GREGG GEHRKE SECRETARY/TREASURER 1.00
Officer Director
$0 $0 $0
MICHAEL BOVEE DIRECTOR 1.00
Director
$0 $0 $0
KURT HEUER DIRECTOR 1.00
Director
$0 $0 $0
SHERRY EVENSON EXECUTIVE DIRECTOR 8.00
Officer
$10,307 $0 $10,307
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 $257,859 $6,425,931 No data $-6,168,072
2024 No data No data No data No data
2023 $388,103 $111,207 $6,139,702 $276,896
2022 $388,427 $219,363 $5,344,793 $169,064
2021 $467,823 $274,038 $6,214,078 $193,785
2020 $688,515 $184,302 $5,644,447 $504,213
2019 $373,187 $234,214 $5,068,787 $138,973
2018 $348,913 $324,906 $4,303,137 $24,007
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