Overview
What is Aspirus Buildings Inc?
Aspirus Buildings Inc, a subsidiary of Aspirus Inc, is a committed entity based in Wausau, Wisconsin. They specialize in owning and leasing medical and professional office buildings to various healthcare providers in central and northern Wisconsin. At present, they have interests in two medical office building partnerships located in Wausau and Land O'Lakes, Wisconsin. With a mission to heal people, promote health, and strengthen communities, Aspirus Buildings Inc is a vital contributor to the healthcare sector in the region. The company is interconnected with thirteen other entities under the umbrella of Aspirus, showcasing its extensive network and involvement in the community.
Official website here: www.aspirus.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56% (One-Star out of Four Stars)
Aspirus Buildings Inc has received a 56% rating from Charity Navigator, reflecting a one-star designation. This score indicates significant room for improvement regarding accountability and financial health. The organization does have some strengths, such as a fully independent board and high scores for its audit and oversight practices, demonstrating a commitment to governance and transparency.
However, the nonprofit faces notable weaknesses, particularly in its financial metrics. It has a low program expense ratio of 24.01%, which suggests that a relatively small portion of its budget is directed towards its programs. Additionally, the liabilities to assets ratio is concerning at 41.56%, indicating potential financial risk.
Despite having robust policies in place, such as conflict of interest and whistleblower policies, the absence of financial statements on the nonprofit's website raises questions about transparency. Overall, while Aspirus Buildings Inc shows promise in governance, its financial management practices warrant closer scrutiny.
This AI summary has been generated from information found on Charity Navigator.
Is Aspirus Buildings Inc legitimate?
Aspirus Buildings Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aspirus Buildings 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: $0
For more financial information, click here
Official website here: www.aspirus.org
What is the mission statement of Aspirus Buildings Inc?
Aspirus Buildings Inc, as a subsidiary of Aspirus Inc., is dedicated to improving health and strengthening communities. Their mission is threefold: healing individuals, promoting health, and reinforcing community well-being. They accomplish this by leasing medical and professional office buildings and equipment to various healthcare providers in specific regions. As of June 30, 2022, they had interests in two such partnerships in Wausau and Land O'Lakes, Wisconsin. Their actions align with the broader goals of Aspirus, demonstrating a commitment to enhancing health and community resilience.
Official website here: www.aspirus.org
Who is the CEO of Aspirus Buildings Inc?
Matthew Heywood is the Vice Chair/Pres. & Ceo Aspirus of Aspirus Buildings Inc. The CEO's salary of Aspirus Buildings Inc is $0 and their total compensation is $2,950,315.
Official website here: www.aspirus.org
What is the revenue of Aspirus Buildings Inc?
Aspirus Buildings Inc's revenue in 2022 was $1,403,588.
Official website here: www.aspirus.org
Who are the executives of Aspirus Buildings Inc and what are their salaries?
There 9 volunteers at Aspirus Buildings Inc.
Here are 29 key members and their salaries (Aspirus Buildings Inc's CEO's salary is $0 and their total compensation is $2,950,315):
- Compensation: $0
- Related: $2,684,221
- Other: $266,094
- 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: $915,379
- Other: $141,626
- Compensation: $0
- Related: $644,385
- Other: $101,649
- Compensation: $0
- Related: $306,056
- Other: $43,153
- Compensation: $0
- Related: $462,446
- Other: $50,766
- Compensation: $0
- Related: $394,127
- Other: $62,857
- Compensation: $0
- Related: $495,034
- Other: $104,300
- Compensation: $0
- Related: $452,729
- Other: $89,948
- Compensation: $0
- Related: $572,454
- Other: $92,664
- Compensation: $0
- Related: $751,984
- Other: $56,650
- Compensation: $0
- Related: $325,937
- Other: $43,270
- Compensation: $0
- Related: $367,202
- Other: $18,878
- Compensation: $0
- Related: $313,780
- Other: $42,259
- Compensation: $0
- Related: $449,756
- Other: $89,333
- Compensation: $0
- Related: $340,811
- Other: $45,098
- Compensation: $0
- Related: $460,002
- Other: $93,775
- Compensation: $0
- Related: $329,902
- Other: $52,673
- Compensation: $0
- Related: $516,494
- Other: $97,286
- Compensation: $0
- Related: $363,857
- Other: $42,762
- Compensation: $0
- Related: $449,085
- Other: $0
Official website here: www.aspirus.org
Where can I find the form 990 for Aspirus Buildings Inc?
Aspirus Buildings Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.aspirus.org
Learn more at the official website: www.aspirus.org
Mission Statement of Aspirus Buildings Inc
Aspirus Buildings Inc, a wholly-owned subsidiary of Aspirus Inc, is dedicated to a mission that encompasses three key areas: healing people, promoting health, and strengthening communities. This mission statement serves as the guiding principle for the organization, driving its actions and decisions. By owning and leasing medical and professional office buildings and equipment to various medical service providers, Aspirus Buildings Inc plays a vital role in facilitating healthcare services in central and northern Wisconsin. The organization's activities directly contribute to the wellbeing of individuals and communities, aligning with its commitment to healing and promoting health. Moreover, Aspirus Buildings Inc's mission extends beyond just providing physical spaces; it also aims to strengthen communities, suggesting a focus on community development and engagement.
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Impact
July, 2024
Aspirus Buildings Inc's impact can be seen in their mission to heal people, promote health, and strengthen communities. Through their ownership and leasing of medical and professional office buildings and equipment to various medical service providers in central and northern Wisconsin, Aspirus Buildings Inc plays a crucial role in supporting healthcare infrastructure in the region. By providing essential facilities for medical services, they contribute to improving access to healthcare for residents and promoting overall community wellness. Their activities align with the overarching goal of enhancing the health and well-being of individuals and communities they serve.
This information is meant to be a general summary of Aspirus Buildings 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 2022.
- Investment Income: -$136,000
- Program Service Revenue: $1,539,588
- Gross Receipts: $1,539,588
Assets and Liabilities:
- Total Assets: $23,024,138
- Total Liabilities: $16,422,784
- Net Assets: $6,601,354
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$1,525,302
CONTRACT SERVICE REV
Revenue
$14,286
Organization Details
Founding Year
1982
Phone
(715) 847-2000Principal Officer
Matthew Heywood
Main Address
333 PINE RIDGE BLVD, WAUSAU, WI, 54401
Website
www.aspirus.orgNTEE Category
Code: E120 - Health
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