Aspirus Stevens Point Hospital Foundation Inc
- Assets
- $6.8m
- Revenue
- $273.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Stevens Point, WI
- Founding
- 03/1946
- Data as of
- 06/2022
- EIN
- 39-1657410
Organization Overview
Aspirus Stevens Point Hospital Foundation Inc is located in Stevens Point, WI. The organization was established in 1946. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aspirus Stevens Point Hospital Foundation 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 06/2022, Aspirus Stevens Point Hospital Foundation Inc generated $273.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.0%) each year. All expenses for the organization totaled $92.9k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (20.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Aspirus Stevens Point Hospital Foundation Inc has awarded 19 individual grants totaling $3,195,095. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
WE HEAL PEOPLE, PROMOTE HEALTH AND STRENGTHEN COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASPIRUS STEVENS POINT FOUNDATION SERVES AS THE PHILANTHROPIC ARM OF THE HOSPITAL AND OBTAINS FINANCIAL SUPPORT FROM RAISING PRIVATE DONATIONS TO FUND HEALTHCARE NEEDS WITHIN ASPIRUS STEVENS POINT HOSPITAL AND CLINICS. ON AN ANNUAL BASIS, THE FOUNDATION HOSTS FUNDRAISING EVENTS, INITIATES CAMPAIGNS AND DIRECT MAIL SOLICITATIONS, AND WORKS WITH LOCAL CORPORATE PARTNERS TO RAISE FUNDS. IN OUR EFFORTS TO SUPPORT INPATIENT AND OUTPATIENT CARE AT ASPIRUS STEVENS POINT, THE FOUNDATION IDENTIFIES FUNDRAISING PRIORITIES DESIGNED TO ENHANCE SERVICES LINE PROGRAMMING AND ADDRESS UNIQUE HEALTHCARE NEEDS OF PORTAGE COUNTY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Smith President-Aspirus Southeast Division | OfficerTrustee | 1 | $0 |
Jeff Meyers Chair (thru July 2021) | OfficerTrustee | 1 | $0 |
Jeanne Herder Secretary (thru July 2021) | OfficerTrustee | 1 | $0 |
Pamela J Beyer MD Board Member | Trustee | 0 | $0 |
Erik Carlson Board Member | Trustee | 1 | $0 |
London Cooper DDS Board Member (thru July 2021) | Trustee | 1 | $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 | $59,860 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $59,860 |
| Total Program Service Revenue | $0 |
| Investment income | $248,449 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$34,502 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $273,807 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $67,429 |
| 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 | $11,876 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,971 |
| Payroll taxes | $126 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $261 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $660 |
| Information technology | $2,000 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $544 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $7,013 |
| Total functional expenses | $92,880 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,678,065 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $5,095,752 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,226 |
| Total assets | $6,776,043 |
| Accounts payable and accrued expenses | $0 |
| 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 | $3,084 |
| Total liabilities | $3,084 |
| Net assets without donor restrictions | $14,057 |
| Net assets with donor restrictions | $6,758,902 |
| 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 | $6,776,043 |
Grants Awarded
Over the last fiscal year, Aspirus Stevens Point Hospital Foundation Inc has awarded $256,962 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
ASCENSION ST MICHAEL'S HOSPITAL INC PURPOSE: GENERAL SUPPORT | $213,652 |
CAP SERVICES INC PURPOSE: MENTAL HEALTH NAVIGATOR PROGRAM | $30,000 |
COLUMBIA ST MARY'S HOSPITAL MILWAUKEE INC PURPOSE: GENERAL SUPPORT | $13,310 |