Aspirus Iron Area Health Foundation

Organization Overview

Aspirus Iron Area Health Foundation is located in Iron River, MI. The organization was established in 2007. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aspirus Iron Area Health Foundation 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 12/2023, Aspirus Iron Area Health Foundation generated $55.7k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $39.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (4.8%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO DIRECTLY SUPPORT THE MISSION OF ASPIRUS IRON RIVER HOSPITAL AND CLINICS THROUGH SECURING, DISTRIBUTING AND STEWARDING FINANCIAL INVESTMENTS FOR CRITICAL RESOURCES WHICH WILL ADVANCE HEALTHCARE AND HEALTHY LIFESTYLES EXPECTED BY OUR REGION'S RESIDENTS

Describe the Organization's Program Activity:

Part 3 - Line 4a

DEVELOPMENT OF RELATIONSHIPS AND PARTNERSHIPS WITH INDIVIDUALS, CORPORATIONS, FOUNDATIONS AND OTHERS WHO ENDORSE OUR POSITION TO PROVIDE QUALITY HEALTH CARE, COMMUNITY EDUCATION AND DEVELOPMENT OF NEW PROGRAMS AND SERVICES.


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Board, Officers & Key Employees

Name (title)Compensation
Alicia Benson
Director
$0
Mike Dallavalle
Director
$0
Elizabeth Fittante
Director
$0
Kurt Anderson
Director
$0
Zach Hautala
Director
$0
Jill Sabotta
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$3,563
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,563
Total Program Service Revenue$0
Investment income $46,718
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$872
Net Income from Fundraising Events $6,337
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $55,746

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