Aspirus Medical Group Inc
98% goes to programs $0 to raise $100 Thin reserves Growing revenue
Aspirus Medical Group Inc is a 501(c)(3) organization based in Wausau, Wisconsin, registered in 1994, with $128,362,741 in FY2023 revenue. CharityIndex grades it C+, and it directs about 98% of spending to programs.
2200 Westwood Dr, Wausau, WI, 54401 EIN 39-1670223 Since 1994
Revenue (FY2023)
$128.4M
▲ 5.5% vs prior year
Health median: $840K
Expenses (FY2023)
$163.9M
Net assets
-$6.3M
Employees
1,459
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
C+Program efficiency40% of the rating98% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Aspirus Medical Group Inc: 98% to programs · $0 to raise $100 earns a C+ on this criterion. See the exact thresholds →
DFinancial health25% of the rating0 mo reserves · -28% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Aspirus Medical Group Inc: 0 mo reserves · -28% margin earns a D on this criterion. See the exact thresholds →
AGovernance25% of the rating5 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Aspirus Medical Group Inc: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Aspirus Medical Group Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
We heal people, promote health, and strengthen communities.
Contact & location
- Address
- 2200 Westwood Dr, Wausau, WI, 54401
- City
- Wausau
- State
- Wisconsin
- Category
- Health Care
- Subcategory
- Clinics & Primary Care
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $114.9M (FY2013) to $128.4M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $46.9MNet assets -$6.3M
Operating margin
-27.7%
Spent more than it raised in the latest fiscal year.
Total assets
$40.7M
Total liabilities
$46.9M
Net assets
-$6.3M
Salaries & benefits
$95.2M
58% of expenses
Board members
10
4 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $128,362,741▲5.5% | $163,943,942▲3.0% | -$6,285,968▼140% | $40,661,636▼63.8% | 990 |
| 2022 | $121,696,619▲4.8% | $159,131,644▲11.4% | -$2,620,797▼82.1% | $112,171,558▲6.2% | 990 |
| 2021 | $116,087,752▲14.6% | $142,819,635▲15.3% | -$1,439,066▲81.9% | $105,621,013▲37.2% | 990 |
| 2020 | $101,291,684▲6.2% | $123,911,735▲4.8% | -$7,934,785▼246% | $76,960,726▲25.3% | 990 |
| 2019 | $95,358,405▼2.4% | $118,289,502▲1.0% | -$2,291,590▼24.4% | $61,425,419▲2.3% | 990 |
| 2018 | $97,750,933▲20.7% | $117,069,730▲22.3% | -$1,841,528▼263% | $60,018,690▲3.3% | 990 |
| 2017 | $80,995,607▼1.1% | $95,753,497▲3.4% | $1,130,809▼88.3% | $58,102,368▼5.4% | 990 |
| 2016 | $81,931,631▼8.1% | $92,617,848▼7.2% | $9,663,890▲3.0% | $61,448,717▲8.5% | 990 |
| 2015 | $89,111,847▼2.2% | $99,759,254▲5.8% | $9,380,118▼44.5% | $56,624,442▼12.8% | 990 |
| 2014 | $91,127,069▼20.7% | $94,305,246▼16.9% | $16,897,809▼15.9% | $64,962,025▲1.4% | 990 |
| 2013 | $114,909,625 | $113,542,178▼4.6% | $20,097,484▲7.7% | $64,047,070▲11.3% | 990 |
| 2012 | — | $119,036,648▲1.1% | $18,658,819▲7.4% | $57,532,139▲3.4% | 990 |
| 2011 | — | $117,750,763▲63.0% | $17,378,266▼10.2% | $55,638,762▲5.4% | 990 |
| 2010 | — | $72,226,932 | $19,344,135 | $52,784,663 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Andrew Beaumont — $2,398,911 (1.46% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Andrew Beaumont | Physician/medical Director | 40 | $2,398,911 |
| Bryan Austin | Physician | 40 | $1,290,275 |
| Craig Kelman | Physician | 40 | $1,221,782 |
| German Larrain | Physician | 40 | $1,149,997 |
| David Merrill | Physician | 40 | $1,046,741 |
| Elizabeth Renaker-jansen Do | Board Member/physician | 40 | $760,881 |
| Tou Shoua Lor Md | Board Member/physician | 40 | $286,715 |
| Michael A Umland Md | Board Member/physician | 40 | $284,382 |
| Bryan B Borrell | Board Member | 1 | — |
| Constance Bradley | Svp & Pres. Reg. Mrkts. | 2 | — |
| Eric Anderson | Chief Compliance Officer | 2 | — |
| James Matheson | Svp-chief Strategy Officer | 2 | — |
| James M Cygan Md | Board Member/physician | 1 | — |
| Jeffrey Jones | Svp-cfo (thru 04/23) | 2 | — |
| Jeffrey Wicklander | Svp & Central Region President | 1 | — |
| Jennifer Redman-schell | (nv) Svp & President-amg | 1 | — |
| Jennifer R Enman-bourgon Do | Board Member/physician | 1 | — |
| Jeremy A Lewitzke | Chair | 1 | — |
| Jerry M Yang | Svp-chief Financial Officer | 2 | — |
| Kyle N Page | Vice Chair | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Cardinal Health | Medical Supply | $7,699,941 |
| Wausau Heart and Lung Surgeons | Physician Services | $4,416,780 |
| Medico Mart Inc | Drugs | $1,590,604 |
| Renovo Solutions | Maintenance Contracts | $983,872 |
| Weatherby Locums Inc | Physician Services | $893,354 |
Grants made · $22K in FY2017
1 grant totaling $22K in FY2017. All grants made by Aspirus Medical Group Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| United Way of Marathon County Inc | Sponsorship | $21,666 |
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Frequently asked questions
- Is Aspirus Medical Group Inc a legitimate nonprofit?
- Yes. Aspirus Medical Group Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 39-1670223, based in Wausau, Wisconsin. Donations are tax-deductible.
- What is Aspirus Medical Group Inc's EIN?
- Aspirus Medical Group Inc's Employer Identification Number (EIN) is 39-1670223.
- How much revenue does Aspirus Medical Group Inc report?
- Aspirus Medical Group Inc reported $128,362,741 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Aspirus Medical Group Inc's spending goes to programs?
- Aspirus Medical Group Inc spends about 98% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Aspirus Medical Group Inc have?
- CharityIndex grades Aspirus Medical Group Inc C+, based on program efficiency and fundraising cost.
- How much does Aspirus Medical Group Inc's highest-paid employee make?
- The highest reported compensation on Aspirus Medical Group Inc's latest Form 990 is $2,398,911, paid to Andrew Beaumont (Physician/medical Director).
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Data for Aspirus Medical Group Inc (EIN 39-1670223) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.