ASPIRUS STEVENS POINT HOSPITAL FOUNDATION INC

EIN: 391657410 501(c)(3)

STEVENS POINT, WI

Total Revenue
$165,407
Total Expenses
$7,620,950
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
1989
Legal Domicile
WI
Principal Officer
MATTHEW HEYWOOD
Phone
7158472250
Tax Period
2023-07-01 to 2023-12-31

ASPIRUS STEVENS POINT HOSPITAL FOUNDATION INC, founded in 1989, is a small nonprofit that reported $165K in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. Expenses of $7.6M exceeded revenue, resulting in a 4507% operating deficit.

Mission

WE HEAL PEOPLE, PROMOTE HEALTH, AND STRENGTHEN COMMUNITIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $73,858
Program Service Revenue $0
Investment Income $91,549
Other Revenue $0
TOTAL REVENUE $165,407

Expense Breakdown

Grants Paid $7,598,773
Salaries & Benefits $11,814
Fundraising Expenses $0
Program Expenses $7,598,773
Other Expenses $10,363
TOTAL EXPENSES $7,620,950

Year-over-Year Comparison

2023 2022 Change
Revenue $165,407 $176,222 -0.1%
Expenses $7,620,950 $112,197 +66.9%
Net Income $-7,455,543 $64,025 -117.4%
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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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
8

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
3
$3,800,442
Total Directors
8
$588,445
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAMELA BEYER MD BOARD MEMBER (THRU 12/23) 1.00
Director
$0 $39,322 $187,379
CHRISTOPHER SWIECKI MD BOARD MEMBER (THRU 12/23) 1.00
Director
$0 $50,287 $401,066
ERIK CARLSON BOARD MEMBER 1.00
Director
$0 $0 $0
JOSEPH KINSELLA BOARD MEMBER (THRU 12/23) 1.00
Director
$0 $0 $0
LEAH C KNIGHTS BOARD MEMBER 1.00
Director
$0 $0 $0
JEFF LUTGEN BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL MUNAGIAN MD BOARD MEMBER 1.00
Director
$0 $0 $0
KEITH PILGER BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT SMITH (NV) PRES.-ASPIRUS SE (THRU 12/23) 1.00
Officer
$0 $54,865 $449,120
MATTHEW HEYWOOD PRESIDENT & CEO-ASPIRUS 2.00
Officer
$0 $304,186 $1,922,303
SIDNEY C SCZYGELSKI SENIOR VP OF FINANCE & CFO 2.00
Officer
$0 $134,273 $1,429,019
JEFFREY JONES SVP - CFO (THRU 04/23) 2.00
$0 $12,955 $235,897
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
2023 $176,222 $112,197 $7,438,866 $64,025
2023 $165,407 $7,620,950 No data $-7,455,543
2022 $273,807 $92,880 $6,776,043 $180,927
2021 $1,089,657 $651,734 $7,788,334 $437,923
2019 $803,611 $2,607,180 $8,932,427 $-1,803,569
2018 $1,418,398 $366,805 $8,334,126 $1,051,593
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