Aspirus Riverview Foundation INC FY2020 filing

Tax-deductible

Wisconsin Rapids, WI501(c)(3)Since 1984EIN 39-1509239Revenue $689K in FY2020

On file with the IRSaspirus.org/aspirus-riverview-foundationPo Box 8080 · Wisconsin Rapids, WITax-exempt since Jun 1985Supporting organization — 509(a)(3)

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In accordance with its mission statement, the Aspirus Riverview Foundation is committed to the communities IT serves and to responsibly represent its donors by:1) supporting the work of Aspirus Riverview hospital and clinics, INC.2) reducing substance abuse and addiction3) improving mental health, especially in adolescents4) improving physical and nutritional fitness, especially for youth and elderly populations5) providing assistance to individuals and families in need during their medical treatment 6) promoting a healthy, safe, and connected community

501(c)(3) charity; gifts are tax-deductible.
69¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average deficit $580K a year · 90% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
69%
of spending
Fine: 69% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Cash reserves
97 mo
of spending, in cash
Looks good: 96.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $8K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$532K
9% of total assets
Looks good: liabilities are 9% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$689K
Spent
$184K
To programs
69%
Net assets
$5.1M
By yearFY2020–FY2025
Revenue
$689K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$689K
FY2021$468K
FY2022$388K
FY2023$388K
FY2024$1.7M
FY2025$258K
Expenses
$184K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$184K
FY2021$274K
FY2022$219K
FY2023$111K
FY2024$130K
FY2025$6.4M
Net assets
$5.1M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$5.1M
FY2021$5.6M
FY2022$4.8M
FY2023$5.6M
FY2024$6.2M
FY2025$0

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 1985.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

69 cents of each dollar spent went to programs.

Program services 69% · $127K Management & general 31% · $58K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

9 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Secretary/Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Director (thru February)
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Sherry Evenson$10,307$10,907$10,105$81,645$104,525

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Leading community health initiatives and engaging donors to improve wellness.

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Provided by the organization

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1 program · $127K · in their own filed words · FY2020
01

The foundation is operated for charitable, educational, medical, and scientific purposes for the benefit of aspirus riverview hospital & clinics, inc. And other health care and social service organizations within our service area.

$127Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$8K
Grants paid · 36 grants · $6.8M · 2020–2025
Aspirus Health Foundation INCWI · FY2025$1,000,775
Marys Place Boarding House INCWI · FY2025$250,000
Unitemized GrantFY2025$43,345
Opportunity Development CentersMI · FY2025$25,000
Unitemized GrantFY2025$7,000
Unitemized GrantFY2024$67,257
Unitemized GrantFY2024$7,000
Unitemized GrantFY2023$51,443
Unitemized GrantFY2023$7,000
Wisconsin Rapids Police DepartmentFY2023$5,815
See all 36 grants →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$689K
Ln 12
Investment incomeLn 3$520K
Gifts and grantsLn 1h$157K
Other incomeLn 4–11$11K
Money outPt IX
$184K
Ln 25
Programscol B$127K
Managementcol C$58K
Owns and owesPt X
$5.1M
net assets · Ln 32
Cash and savingsLn 1–2$1.5M
Total assetsLn 16$5.6M
LiabilitiesLn 26$532K
PeoplePt VI, VII
9
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$157K
Investment incomeLn 3$520K
Other incomeLn 4–11$11K
Gains on assetsLn 7$328K
Total revenueLn 12$689K
Assets in detailPt X, end of year
CashLn 1$161K
SavingsLn 2$1.3M
Cash and savings togetherLn 1–2$1.5M
InvestmentsLn 11–13$4.2M
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$729
Total assetsLn 16$5.6M
LiabilitiesLn 26$532K
Net assetsLn 32$5.1M
OperationsPt I, VI
EmployeesI 50
VolunteersI 65
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$1.4M$1.5M
InvestmentsLn 11–13$3.6M$4.2M
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$5.1M$5.6M
LiabilitiesLn 26$563K$532K
Net assetsLn 32$4.5M$5.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$96K$96K
Grants to domestic individualsLn 2$30K$30K
Management feesLn 11a$37K$37K
Investment management feesLn 11f$10K$10K
Office expensesLn 13$2K$2K
Information technologyLn 14$7K$7K
Depreciation, depletion and amortizationLn 22$407$407
All other expensesLn 24e$3K$3K
Total functional expensesLn 25$184K$127K$58K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $258K$6.4M−$6.2M$0 990 PDF
FY2024 $1.7M$130K$1.5M$6.2M 990 PDF
FY2023 $388K$111K$277K$5.6M 990 PDF
FY2022 $388K$219K$169K$4.8M 990 PDF
FY2021 $468K$274K$194K$5.6M 990 PDF
FY2020 Viewing $689K$184K$504K$5.1M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $688,515 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $235,469$157,056
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $150,425$520,012
I-11 Other revenuePrior year −$12,707$11,447
I-12 Total revenuePrior year $373,187$688,515
I-13 Grants and similar amounts paidPrior year $86,574$126,542
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $147,640$57,760
I-18 Total expensesPrior year $234,214$184,302
I-19 Revenue less expensesPrior year $138,973$504,213
Part VI · Governance 7 of 7 board members independent, 1 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $688,515 across 6 lines filed
VIII-1f All other contributions, gifts and grants$157,056
VIII-1h Total contributions, gifts and grants$157,056
VIII-3 Investment incomeExcluded from tax $191,542$191,542
VIII-7 Net gain or loss on sales of assetsExcluded from tax $328,470$328,470
VIII-8 Net income from fundraising eventsExcluded from tax $11,447$11,447
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $531,459$688,515
Part IX · Statement of functional expenses $184,302 across 8 lines filed
IX-1 Grants to domestic organizationsPrograms $96,484$96,484
IX-2 Grants to domestic individualsPrograms $30,058$30,058
IX-11a Management feesManagement $36,861$36,861
IX-11f Investment management feesManagement $9,557$9,557
IX-13 Office expensesManagement $1,552$1,552
IX-14 Information technologyManagement $6,590$6,590
IX-22 Depreciation, depletion and amortizationManagement $407$407
IX-24e All other expensesManagement $2,793$2,793
IX-25 Total functional expensesPrograms $126,542 · Management $57,760 · Fundraising $0$184,302
Part X · Balance sheet $5,644,447 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $128,365$161,271
X-2 Savings and temporary cash investmentsStart of year $1,288,346$1,322,766
X-9 Prepaid expenses and deferred chargesStart of year $7,357$6,688
X-10c Land, buildings and equipment, netStart of year $0$0
X-11 Publicly traded securitiesStart of year $3,643,669$4,152,993
X-15 Other assetsStart of year $1,050$729
X-16 Total assetsStart of year $5,068,787$5,644,447
X-17 Accounts payable and accrued expensesStart of year $18,891$1,399
X-18 Grants payableStart of year $6,124$4,094
X-26 Total liabilitiesStart of year $563,298$532,185
X-27 Net assets without donor restrictionsStart of year $3,755,427$4,316,197
X-28 Net assets with donor restrictionsStart of year $750,062$796,065
X-32 Total net assets or fund balancesStart of year $4,505,489$5,112,262
X-33 Total liabilities and net assetsStart of year $5,068,787$5,644,447
Part XI · Reconciliation of net assets $5,112,262 net assets at year end
XI-1 Total revenue$688,515
XI-2 Total expenses$184,302
XI-3 Revenue less expenses$504,213
XI-4 Net assets at start of year$4,505,489
XI-5 Net unrealized gains (losses) on investments$102,560
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$5,112,262

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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