Aspirus Stanley Hospital & Clinics Inc
- Assets
- $10.9m
- Revenue
- $21.0m
- Investments
- $0.0
- Employees
- 74
- Location
- Wausau, WI
- Founding
- 04/1959
- Data as of
- 06/2021
- EIN
- 39-0807065
Organization Overview
Aspirus Stanley Hospital & Clinics Inc is located in Wausau, WI. The organization was established in 1959. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 06/2021, Aspirus Stanley Hospital & Clinics Inc employed 74 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aspirus Stanley Hospital & Clinics Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Aspirus Stanley Hospital & Clinics Inc generated $21.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $18.3m during the year ending 06/2021. While expenses have increased by 0.6% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE HEALTH AND WELL-BEING OF ALL PEOPLE IN THE COMMUNITIES WE SERVE.
Describe the Organization's Program Activity:
ASCENSION OUR LADY OF VICTORY HOSPITAL, INC. IS A 12-BED HOSPITAL CAMPUS PROVIDING SERVICES WITHOUT REGARD TO PATIENT RACE, CREED, NATIONAL ORIGIN, ECONOMIC STATUS, OR ABILITY TO PAY. DURING FISCAL YEAR 2021, ASCENSION OUR LADY OF VICTORY HOSPITAL, INC. TREATED 180 ADULTS AND CHILDREN FOR A TOTAL OF 1,008 PATIENT DAYS OF SERVICE. THE HOSPITAL ALSO PROVIDED SERVICES FOR 40,927 OUTPATIENT VISITS, WHICH INCLUDED 376 OUTPATIENT SURGERIES AND 2,124 EMERGENCY ROOM VISITS. SEE SCHEDULE H FOR A NON-EXHAUSTIVE LIST OF COMMUNITY BENEFIT PROGRAMS AND DESCRIPTIONS. AS PART OF THE ASCENSION CATHOLIC HEALTH MINISTRY, THE FILING ORGANIZATION SERVED IN SUPPORT OF ASCENSION'S COMMITMENT TO BOTH CARE FOR PATIENTS AND COMMUNITIES AND SUPPORT CAREGIVERS AND OTHER ASSOCIATES THROUGH THE CHALLENGES OF THE COVID-19 GLOBAL PANDEMIC IN FY21.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Former Officer (end 6/2016) | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
National Government Services Cost Report Settlements | 6/29/15 | $186,156 |
Computerized Medical Imaging Inc Leased Medical Equipment | 6/29/15 | $186,115 |
Acute Care Inc Er Physician Coverage | 6/29/15 | $1,292,109 |
Clark Electric Cooperative Electric | 6/29/15 | $122,563 |
Siemens Healthcare Diagnostic Chemistry/coagulation Reagents | 6/29/15 | $100,412 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,544,167 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,544,167 |
| Total Program Service Revenue | $18,316,378 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $48,396 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $20,966,048 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $22,615 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,260,578 |
| Pension plan accruals and contributions | $111,337 |
| Other employee benefits | $1,002,065 |
| Payroll taxes | $364,892 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $1,328 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $563,359 |
| Advertising and promotion | $482 |
| Office expenses | $37,758 |
| Information technology | $1,948 |
| Royalties | $0 |
| Occupancy | $304,683 |
| Travel | $11,717 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,559 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $764,201 |
| Insurance | $0 |
| All other expenses | $654,077 |
| Total functional expenses | $18,348,925 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,289 |
| Savings and temporary cash investments | $8,281 |
| Pledges and grants receivable | $22,617 |
| Accounts receivable, net | $2,118,143 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $231,297 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $6,274,770 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,271,215 |
| Total assets | $10,927,612 |
| Accounts payable and accrued expenses | $1,119,621 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $7,036,507 |
| Total liabilities | $8,156,128 |
| Net assets without donor restrictions | $2,771,484 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $10,927,612 |
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|---|---|---|
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Pekin Memorial Hospital Pekin, IL | $70,050,108 | $60,677,158 |
Sparrow Clinton Hospital St Johns, MI | $188,415,799 | $67,909,547 |
Northwest Memorial Healthcare Chicago, IL | $87,933,488 | $39,660,179 |
St Josephs Area Health Services Park Rapids, MN | $107,908,671 | $54,027,271 |
Centracare Health System Of Melrose Melrose, MN | $87,022,550 | $45,743,382 |
South Shore Hospital Corporation Chicago, IL | $16,996,532 | $44,544,665 |
Mille Lacs Health System Onamia, MN | $55,817,777 | $49,720,336 |
Stoughton Hospital Association Stoughton, WI | $89,267,867 | $58,913,821 |