Official Seal, Everything Is Broken (2026)

Everything Is Broken

Report No. 1 · Nonprofit Hospital Executive Pay vs Charity Care · Annual Report, 2026 edition

Wisconsin · Minnesota · Michigan · Ranked 63 of 1033 by CEO pay.

Aspirus Wausau Hospital

Matthew Heywood, President & CEO Aspirus. Fiscal year ending 2025-06.

$4.2M
CEO total compensation
Form 990 Part VII, columns D+E+F
0.45%
of expenses spent on charity care
Schedule H Part I line 7a
34.9%
CEO pay as a share of all charity care
Matthew Heywood’s pay of $4,230,174 equals 34.9 percent of the $12,127,242 the system spent on charity care in the same year.

Most of the reported compensation ($3,868,734 of $4,230,174) came from a related organization (Part VII column E) and was reported on this filing.

Also listed with a chief executive title in the same filings: Eric Lohn, Co-Pres./CEO & CFO, $1,331,301; Nicholas Van Deelen MD, Co-President/CEO & CMO, $1,169,080. Where a chief executive retired during the year, the filing reports the final-year payout.

§1The filing

Total revenue
$2,877,286,936
Total expenses
$2,671,296,693
Net assets
$1,238,439,510
Employees
12,191
Hospitals covered
18 facilities across 17 filings
Charity care, net
$12,127,242
Bad debt
$20,131,151
Medicare surplus (shortfall), as filed
($11,410,938)
CEO pay from the organization (Part VII col. D)
$0
From related organizations (col. E)
$3,868,734
Other compensation, including deferred pay and nontaxable benefits (col. F)
$361,440
CEO total compensation (D+E+F)
$4,230,174 to Matthew Heywood

Medicare surplus (shortfall) is Schedule H Part III line 7: Medicare revenue minus the cost of Medicare care. A figure in parentheses is a shortfall. Like bad debt, it is not community benefit on the IRS form.

Source: Form 990, Aspirus Wausau Hospital, EIN 39-1138241, fiscal year ending 2025-06, as published by the IRS. CEO identification: ceo title.

§2Community benefit versus charity care

What the system reported as total community benefit (Schedule H line 7k)$167.9M Of which charity care to patients who could not pay (line 7a)$12.1M (7%)

The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($20.1M) and Medicare shortfall are reported separately by the IRS and are not community benefit on the form.

§3Filings in this system

Filing entityEINFY endRevenueCharity care% of expensesFiling
Aspirus Wausau Hospital Inc39-11382412025-06$792.0M$3.2M0.45%990
St Luke's Hospital of Duluth41-07140792025-06$595.8M$1.6M0.27%990
Aspirus Rhinelander & Tomahawk Hospitals & Clinics Inc39-13906382025-06$361.3M$1.4M0.41%990
Aspirus Riverview Hospital & Clinics Inc39-08689822025-06$196.1M$729,5600.45%990
Aspirus Stevens Point Hospital & Clinics Inc39-08084432025-06$195.3M$844,3900.52%990
Langlade Hospital - Hotel Dieu of St Joseph of Antigo Wisconsin39-08064292025-06$138.7M$601,9530.58%990
Aspirus Medford Hospital & Clinics Inc39-09648132025-06$114.1M$504,0540.56%990
Aspirus Ironwood Hospital & Clinics Inc38-29085862025-06$92.9M$665,7160.84%990
Divine Savior Healthcare Inc39-08062502025-06$87.4M$563,0750.69%990
Aspirus Keweenaw Hospital38-14433612025-06$83.3M$329,1550.40%990
The Howard Young Medical Center Inc39-08736062025-06$49.2M$277,1080.67%990
Aspirus Iron River Hospital & Clinics Inc38-32369772025-06$45.4M$270,8700.63%990
Aspirus Merrill Hospital & Clinics Inc39-08085032025-06$36.9M$372,2591.37%990
Aspirus Stanley Hospital & Clinics Inc39-08070652025-06$31.7M$112,5980.43%990
Lake View Memorial Hospital Inc41-07860462025-06$26.7M$386,8091.73%990
Aspirus Eagle River Hospital & Clinics Inc39-09856902025-06$22.5M$141,9860.80%990
Aspirus Ontonagon Hospital Inc26-08064772024-06$8.2M$87,5170.77%990

Every number on this page was copied from the filing linked above. If a figure is wrong, send the filing that contradicts it and the correction runs at the top of this page.

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Aspirus Wausau Hospital: CEO pay $4.2M, charity care 0.45% of expenses