Overview
What is Aspirus Ironwood Hospital & Clinics Inc?
Aspirus Ironwood Hospital & Clinics Inc, located in Ironwood, Michigan, is a 25-bed critical access hospital dedicated to delivering essential healthcare services to the local community. They offer a range of healthcare solutions beyond traditional inpatient hospitalization, such as surgery, emergency care, radiology, laboratory, therapies, eye care, oncology, sleep lab, and cardiology services. The hospital is committed to providing care for everyone, irrespective of their ability to pay, and offers free or reduced-price services through their financial aid discount policy. In addition, Aspirus Ironwood caters to individuals covered under government programs, like Medicare and Medicaid, who often have difficulty accessing healthcare due to mobility issues. During fiscal year 2022, approximately 69.5% of the hospital's revenue came from Medicare and Medicaid beneficiaries. Aspirus Ironwood Hospital & Clinics' mission is to heal people, promote health, and strengthen communities.
Official website here: www.aspirus.org
What are the reviews and ratings of this charity?
86% rating from Charity Navigator, which equates to a Three-Star out of Four Star rating, indicates that Aspirus Ironwood Hospital & Clinics Inc demonstrates a solid level of accountability and financial health. The score is derived entirely from its Accountability & Finance metrics, reflecting a strong commitment to transparency and ethical management.
The organization excels in several areas, notably achieving full points in its audit and oversight committee, material diversion of assets, and various governance policies, including conflict of interest and whistleblower policies. The significant program expense ratio of 73.48% shows that a large portion of its resources is directed towards its operational programs, which is a positive indicator of its mission-driven focus.
However, the organization lacks independent board members, scoring 0 out of 8 points in that category, which raises potential concerns about governance diversity. Additionally, the absence of the tax form on the nonprofit's website detracts from its overall accountability score. These limitations suggest that while the hospital is performing well financially, there are areas in governance that could be improved to enhance overall organizational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Aspirus Ironwood Hospital & Clinics Inc legitimate?
Aspirus Ironwood Hospital & Clinics Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aspirus Ironwood Hospital & Clinics Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $23,326,237
For more financial information, click here
Official website here: www.aspirus.org
What is the mission statement of Aspirus Ironwood Hospital & Clinics Inc?
Aspirus Ironwood Hospital and Clinics is dedicated to healing people, promoting health, and strengthening communities. The organization goes beyond traditional hospitalization services, offering surgeries, emergency care, radiology, laboratory tests, therapies, eye care, oncology, sleep lab, and cardiology, among other healthcare services. They provide healthcare to individuals regardless of their ability to pay and offer discounted services or free care through their financial aid policy. A significant portion of their revenue comes from beneficiaries of government programs like Medicare and Medicaid, who often face challenges in accessing healthcare due to mobility issues. The hospital prioritizes serving elderly and low-income individuals, providing local, quality healthcare to those in need. In fiscal year 2022, over 69.5% of the hospital's revenue came from Medicare and Medicaid beneficiaries.
Official website here: www.aspirus.org
Who is the CEO of Aspirus Ironwood Hospital & Clinics Inc?
Matthew Heywood is the CEO of Aspirus Ironwood Hospital & Clinics Inc The CEO's salary of Aspirus Ironwood Hospital & Clinics Inc is $0 and their total compensation is $1,922,303.
Official website here: www.aspirus.org
What is the revenue of Aspirus Ironwood Hospital & Clinics Inc?
Aspirus Ironwood Hospital & Clinics Inc's revenue in 2024 was $78,255,493.
Official website here: www.aspirus.org
Who are the executives of Aspirus Ironwood Hospital & Clinics Inc and what are their salaries?
The average compensation at Aspirus Ironwood Hospital & Clinics Inc during 2024 was $76,731. There are 304 employees and 30 volunteers at Aspirus Ironwood Hospital & Clinics Inc.
Here are 33 key members and their salaries (Aspirus Ironwood Hospital & Clinics Inc's CEO's salary is $0 and their total compensation is $1,922,303):
- Compensation: $0
- Related: $818,140
- Other: $38,809
- Compensation: $0
- Related: $168,066
- Other: $4,169
- Compensation: $0
- Related: $764,397
- Other: $116,000
- Compensation: $0
- Related: $607,634
- Other: $94,564
- Compensation: $0
- Related: $893,837
- Other: $48,035
- Compensation: $0
- Related: $392,551
- Other: $48,430
- Compensation: $0
- Related: $425,295
- Other: $48,633
- Compensation: $0
- Related: $489,478
- Other: $90,167
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $1,294,746
- Other: $134,273
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $1,618,117
- Other: $304,186
- Compensation: $0
- Related: $435,705
- Other: $90,755
- Compensation: $0
- Related: $222,942
- Other: $12,956
- Compensation: $0
- Related: $350,449
- Other: $76,560
- Compensation: $0
- Related: $498,735
- Other: $99,668
- Compensation: $0
- Related: $522,951
- Other: $102,957
- Compensation: $0
- Related: $669,631
- Other: $49,745
- Compensation: $0
- Related: $688,935
- Other: $115,911
- Compensation: $0
- Related: $510,162
- Other: $34,165
- Compensation: $845,339
- Related: $0
- Other: $45,838
- Compensation: $698,111
- Related: $0
- Other: $46,464
- Compensation: $697,945
- Related: $0
- Other: $36,265
- Compensation: $393,834
- Related: $0
- Other: $40,664
- Compensation: $343,892
- Related: $0
- Other: $32,023
Official website here: www.aspirus.org
Where can I find the form 990 for Aspirus Ironwood Hospital & Clinics Inc?
Aspirus Ironwood Hospital & Clinics Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.aspirus.org
Learn more at the official website: www.aspirus.org
Mission Statement of Aspirus Ironwood Hospital & Clinics Inc
Aspirus Ironwood Hospital & Clinics Inc is a dedicated healthcare provider that focuses on healing people, promoting health, and strengthening communities. This mission statement encapsulates the organization's commitment to improving the wellbeing of individuals and enhancing the social fabric of the communities it serves.
The healthcare organization goes beyond providing traditional inpatient hospitalization services. It offers an extensive range of healthcare services, including surgery, emergency care, radiology, laboratory, therapies, eye care, oncology, sleep lab, cardiology, and various other health care disciplines. Aspirus Ironwood Hospital & Clinics Inc prides itself on being accessible to all people, regardless of their ability to pay. The organization provides essential healthcare services for free or at reduced prices through its Financial Aid Discount Policy. Additionally, it caters to individuals covered under government programs like Medicare and Medicaid, often reimbursed at significantly lower rates than usual and customary charges.
Aspirus Ironwood Hospital & Clinics Inc plays a pivotal role in providing local, quality healthcare services to underserved populations, particularly elderly and low-income individuals who might otherwise have limited access to essential healthcare. During Fiscal Year 2022, more than 69.5% of the organization's gross patient service revenue came from beneficiaries of Medicare and Medicaid. The hospital's dedication to ensuring accessible healthcare services for these individuals is a testament to its unwavering commitment to promoting health and healing within its communities.
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Impact
October, 2024
Aspirus Ironwood Hospital & Clinics Inc plays a vital role in the health and well-being of the Ironwood community and its surrounding areas. As a critical access hospital with 25 beds, it offers essential healthcare services that encompass surgery, emergency care, radiology, laboratory services, therapies, eye care, oncology, a sleep lab, and cardiology, among others.
The hospital ensures access to healthcare for all individuals, regardless of their financial situation. For those unable to cover their healthcare needs, Aspirus Ironwood provides services for free or at reduced prices through its financial aid discount policy, supporting community members who may otherwise forgo necessary medical care. This commitment is essential in a region where many residents rely on government programs like Medicare and Medicaid, which often cover individuals who face challenges in accessing care due to distance or financial constraints.
In fiscal year 2022, more than 69.5% of the hospital’s gross patient service revenue was derived from Medicare and Medicaid beneficiaries, highlighting the hospital’s role as a critical provider of local health services. By delivering comprehensive healthcare solutions, Aspirus Ironwood Hospital & Clinics not only addresses immediate health needs but also strengthens the overall health of the community, underscoring its mission to heal individuals, promote wellness, and enhance the quality of life for residents.
This information is meant to be a general summary of Aspirus Ironwood Hospital & Clinics Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $76,659
- Program Service Revenue: $77,526,923
- Gross Receipts: $78,255,493
Assets and Liabilities:
- Total Assets: $72,385,424
- Total Liabilities: $32,871,936
- Net Assets: $39,513,488
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET PATIENT SERVICE REVENUE
Revenue
$74,098,683
PHARMACY 340B
Revenue
$2,841,993
RELATED PARTY RENTAL
Revenue
$91,218
Organization Details
Founding Year
1989
Phone
(906) 932-2525Principal Officer
Matthew Heywood
Main Address
2200 WESTWOOD DRIVE, WAUSAU, WI, 54401
Website
www.aspirus.orgNTEE Category
Code: E22Z - Health
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