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Aspirus Ironwood Hospital & Clinics

Ironwood, MI · EIN 38-2908586 · 501(c)(3) · Hospital or medical research organization
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Aspirus Ironwood Hospital & Clinics reported $92.9 million in revenue and $82.3 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $75.64 went to program services, $24.36 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 99.7% of the total. The highest compensation it reported for one person was $4,230,174 (PRESIDENT & CEO ASPIRUS). 54 people received more than $100,000 in reportable compensation. Revenue rose 48% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $82M

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $93M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,634 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
75.6%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
24.4%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
Not reported$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.1%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.1%0.1%
Program service revenue share
Part VIII 2g ÷ 12
99.7%93.7%
Highest reported compensation
Part VII-A, columns D–F
$4,230,174$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
5.14%1.34%
People paid over $100,000
Part VII, line 2
5427
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
3.46.6
Independent voting board members
Part VI 1a–1b
6 of 1288.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$62M expenses · 100.0% of program spending · grants $4,461 · revenue $93M

Aspirus Ironwood Hospital and Clinics is a 25-bed critical access hospital which provides health care services to residents of ironwood, michigan and its surrounding communities including northern wi. Some of the services provided beyond traditional inpatient hospitalizations include surgery, emergency care, radiology, laboratory, therapies, eye care, oncology, and cardiology, among various other health care services.inpatient days: 3,732, swing bed days: 993, emergency room visits: 10,939ironwood clinic: provides patient services including family medicine, orthopedics, surgery, behavioral…

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT & CEO ASPIRUS
Officer, 2.00 hrs/week
$0$3,868,734$361,440$4,230,174
SVP OF FINANCE/CFO (FORMER)
Former, 2.00 hrs/week
$0$1,470,041$37,990$1,508,031
RADIOLOGIST
Highest compensated employee, 40.00 hrs/week
$1,051,061$0$48,605$1,099,666
SVP-CHIEF HR OFFICER
Key employee, 2.00 hrs/week
$0$879,825$136,340$1,016,165
BOARD MEMBER/RADIOLOGIST
Director/trustee, 1.00 hrs/week
$0$962,327$50,605$1,012,932
BOARD MEMBER/SVP-PRES. REG. MKTS.
Director/trustee, 1.00 hrs/week
$0$786,524$125,769$912,293
SVP-SYSTEM CHIEF MEDICAL OFFICER
Key employee, 2.00 hrs/week
$0$763,486$117,666$881,152
SVP-CHIEF STRATEGY OFFICER
Key employee, 2.00 hrs/week
$0$745,188$115,516$860,704

54 people received more than $100,000 in reportable compensation from Aspirus Ironwood Hospital & Clinics (Part VII, line 2).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$25M$50M$75M$100MFY2020FY2021FY2022FY2023FY2024FY2025$93M$82M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$93M$82M75.6%$23M$4,230,174
FY2024 ⓘ$78M$73M71.4%$32M$1,922,303
FY2023 ⓘ$74M$70M75.4%$22M$2,111,048
FY2022 ⓘ$74M$67M74.0%$40M$2,950,315
FY2021 ⓘ$74M$63M70.8%$41M$1,387,801
FY2020 ⓘ$63M$61M79.1%$33M$1,574,144

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b12 · 6 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5330
  • Volunteers Part I, line 630

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
WAPITI MEDICAL LIMITED COMPANY
Contract providers
$4,988,268
SYNERGY ANESTHESIA MI PLLC
Crna providers
$1,737,815
TOTAL MSP LLC
Contract labor
$1,124,301
LOCUMSMART LLC
Contract labor
$694,617
UPPER PENINSULA HEALTH CARE SOLUTIONS
Mri services
$589,846

Individuals listed as contractors are left out. 10 contractors were paid more than $100,000 in all.

Correct a figure or respond

Every number above is copied from Aspirus Ironwood Hospital & Clinics's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Aspirus Ironwood Hospital & Clinics, you can publish a response that is linked from this page.

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Questions people ask

How much of Aspirus Ironwood Hospital & Clinics's spending goes to programs?

In the fiscal year ending June 30, 2025, Aspirus Ironwood Hospital & Clinics reported that 75.6% of its $82.3 million in expenses went to program services, 24.4% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Aspirus Ironwood Hospital & Clinics pay its top executive?

The largest total compensation Aspirus Ironwood Hospital & Clinics reported for one person in the fiscal year ending June 30, 2025 was $4,230,174, for the role of PRESIDENT & CEO ASPIRUS (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Aspirus Ironwood Hospital & Clinics get its money?

Of $92.9 million in revenue in the fiscal year ending June 30, 2025, 0.1% came from contributions and grants (including 0.1% from government grants) and 99.7% from program service revenue (Form 990, Part VIII).

Is Aspirus Ironwood Hospital & Clinics a registered charity?

The IRS lists EIN 38-2908586 as a 501(c)(3) organization (hospital or medical research organization), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202601349349301035 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202501359349304010 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202411369349304181 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341329349304894 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202241329349302549 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202111339349301101 · read the filing

All filings for EIN 38-2908586: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.