Overview
What is Aspirus Medical Group Inc?
Aspirus Medical Group Inc, based in Wausau, Wisconsin, is a nonprofit organization dedicated to providing health care and education services to patients, disregarding their ability to pay. With approximately 1,579 employees, they strive to heal people and promote community health. Under its Community Care Policy, Aspirus offered free care to eligible patients from July 1, 2021, to June 30, 2022, with an estimated cost of approximately $810,580.58. They served 165 FTE providers who had 322,429 visits from patients. Aspirus also catered to beneficiaries of Medicare and Medicaid programs, which often reimbursed them based on predetermined fee schedules, often below the cost of care. Despite this, these programs represented a significant portion of the elderly, low-income, and disabled community members who required access to high-quality care.
Official website here: www.aspirus.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Aspirus Medical Group Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance primarily based on its accountability and finance metrics. With an overall score of 81%, the organization demonstrates effective governance, as evidenced by its 55% independent board members and strong financial oversight practices, including a fully compliant audit and oversight committee.
The organization excels in its financial management, evidenced by a program expense ratio of 87.76%, which signifies that a substantial portion of its funds is directed toward its programs rather than administrative costs. This focus on efficiency is supported by comprehensive policies regarding conflicts of interest, whistleblower protections, and document retention, contributing to the organization's transparent operations.
While the rating reflects strong accountability practices, it is worth noting that the overall score relies solely on financial metrics, which may not capture the full spectrum of the organization's impact or program effectiveness. As a result, potential donors and stakeholders should consider seeking additional qualitative information to gain a complete understanding of Aspirus Medical Group Inc's contributions to the community.
This AI summary has been generated from information found on Charity Navigator.
Is Aspirus Medical Group Inc legitimate?
Aspirus Medical Group Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aspirus Medical Group 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: $3,759,972
Professional Fundraising Fees: $0
Other Salaries and Wages: $75,469,976
For more financial information, click here
Official website here: www.aspirus.org
What is the mission statement of Aspirus Medical Group Inc?
Aspirus Medical Group Inc is dedicated to healing people, promoting health, and strengthening communities. Through their commitment to providing healthcare and education services, they aim to make a positive impact on individuals' lives, regardless of their ability to pay. Under their community care policy, they offer free care to qualifying patients from July 1, 2021, to June 30, 2022, with an estimated cost of approximately $810,580.58 for this initiative in fiscal year 2022. The clinic employed 165 full-time equivalent providers who attended to 322,429 patient visits during the same period. A significant portion of their patient base consists of elderly, low-income, and disabled individuals who often rely on Medicare and Medicaid programs for healthcare coverage. These programs, which often reimburse the clinic based on predetermined fee schedules, make up approximately 57.3% of their gross patient revenue.
Official website here: www.aspirus.org
Who is the CEO of Aspirus Medical Group Inc?
Matthew Heywood is the CEO of Aspirus Medical Group Inc The CEO's salary of Aspirus Medical Group Inc is $0 and their total compensation is $2,111,048.
Official website here: www.aspirus.org
What is the revenue of Aspirus Medical Group Inc?
Aspirus Medical Group Inc's revenue in 2023 was $121,696,619.
Official website here: www.aspirus.org
Who are the executives of Aspirus Medical Group Inc and what are their salaries?
The average compensation at Aspirus Medical Group Inc during 2023 was $51,215. There are 1547 employees and 6 volunteers at Aspirus Medical Group Inc.
Here are 27 key members and their salaries (Aspirus Medical Group Inc's CEO's salary is $0 and their total compensation is $2,111,048):
- Compensation: $933,860
- Related: $0
- Other: $52,947
- Compensation: $739,239
- Related: $0
- Other: $54,117
- Compensation: $461,810
- Related: $0
- Other: $49,120
- Compensation: $301,125
- Related: $0
- Other: $50,262
- Compensation: $286,688
- Related: $0
- Other: $54,919
- Compensation: $276,862
- Related: $0
- Other: $52,577
- Compensation: $0
- Related: $11,667
- 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: $1,799,938
- Other: $311,110
- Compensation: $0
- Related: $1,911,464
- Other: $144,118
- Compensation: $0
- Related: $712,205
- Other: $128,532
- Compensation: $0
- Related: $641,148
- Other: $101,726
- Compensation: $0
- Related: $672,916
- Other: $123,676
- Compensation: $0
- Related: $539,401
- Other: $110,893
- Compensation: $0
- Related: $534,868
- Other: $104,438
- Compensation: $0
- Related: $519,926
- Other: $106,843
- Compensation: $0
- Related: $502,032
- Other: $95,550
- Compensation: $541,839
- Related: $0
- Other: $39,761
- Compensation: $2,589,758
- Related: $0
- Other: $55,243
- Compensation: $1,238,188
- Related: $0
- Other: $54,620
- Compensation: $1,170,687
- Related: $0
- Other: $57,120
- Compensation: $1,130,043
- Related: $0
- Other: $54,556
- Compensation: $2,121,091
- Related: $0
- Other: $98,103
Official website here: www.aspirus.org
Where can I find the form 990 for Aspirus Medical Group Inc?
Aspirus Medical Group Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.aspirus.org
Learn more at the official website: www.aspirus.org
Mission Statement of Aspirus Medical Group Inc
Aspirus Medical Group Inc, a dedicated healthcare organization, strives to heal people, promote health, and fortify communities. Through their selfless mission, they offer essential healthcare and educational services to patients, regardless of their financial capabilities. The company extends a helping hand to individuals who fulfill specific criteria under its Community Care Policy, providing them with free healthcare services from July 1, 2021, to June 30, 2022. In Fiscal Year 2022, the approximate cost of caring for patients under Aspirus Medical Group Inc's Community Care Policy amounted to $810,580.58. This cost was calculated by multiplying the clinic's cost-to-gross charges ratio with the gross uncompensated charges.
The compassionate team at Aspirus Medical Group Inc consisted of 165 full-time equivalent providers, who catered to an impressive 322,429 patient visits throughout the year. In addition to serving those in need, the clinic also extended its services to beneficiaries of Medicare and Medicaid programs, often reimbursing the clinic based on predetermined fee schedules, significantly lower than the actual cost of providing care to these individuals. Medicare and Medicaid programs contributed approximately 57.3% of the gross patient revenue during Fiscal Year 2022. By focusing on serving the elderly, low-income, and disabled members of the community, Aspirus Medical Group Inc demonstrates its unwavering commitment to ensuring that everyone has access to top-notch healthcare services.
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Impact
October, 2024
Aspirus Medical Group Inc plays a vital role in enhancing the health and well-being of the community it serves in Wausau, Wisconsin. The organization's commitment to healing individuals, promoting health, and strengthening local communities is evident through its comprehensive healthcare and education services.
By providing care regardless of patients' ability to pay, Aspirus Medical Group addresses healthcare disparities and ensures that vulnerable populations have access to essential medical services. In fiscal year 2022, the organization delivered approximately $810,580 in community care without charge, demonstrating its dedication to serving those in need.
The clinic's operations, employing 165 full-time equivalent providers, facilitated over 322,429 patient visits, reflecting its capacity to meet diverse healthcare needs. A significant portion of the clinic's revenue is derived from Medicare and Medicaid programs, which comprise about 57.3% of gross patient revenue. These programs primarily serve elderly, low-income, and disabled individuals, reinforcing Aspirus Medical Group's role in providing high-quality, accessible care to the community.
Overall, Aspirus Medical Group Inc's impact transcends mere healthcare delivery; it fosters a healthier, more resilient community by ensuring that all individuals, irrespective of their financial situation, receive the medical attention and support they require.
This information is meant to be a general summary of Aspirus Medical Group 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 2023.
- Investment Income: $12,612
- Program Service Revenue: $121,377,042
- Gross Receipts: $121,696,739
Assets and Liabilities:
- Total Assets: $105,621,013
- Total Liabilities: $107,060,079
- Net Assets: -$1,439,066
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET PATIENT REVENUE
Revenue
$106,821,813
NET PHARMACY REVENUE
Revenue
$9,797,267
CONTRACT SERVICE REVENUE
Revenue
$3,691,895
MEDICAL DIRECTOR FEES
Revenue
$177,643
Organization Details
Founding Year
1990
Phone
(715) 847-2250Principal Officer
Matthew Heywood
Main Address
2200 WESTWOOD DRIVE, WAUSAU, WI, 54401
Website
www.aspirus.orgNTEE Category
Code: E32Z - Health
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