Civic Intelligence

Aspirus Keweenaw Hospital

EIN 38-1443361 • 501(c)3 • Laurium, MI

Profile

We heal people, promote health, and strengthen communities.

205 Osceola StreetLaurium, MI 49913

www.aspiruskeweenaw.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

62nd percentile

0.38x

Higher debt load relative to assets than 62% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

47th percentile

0.30x

Higher debt load relative to revenue than 47% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Net Margin

26th percentile

-2.4%

Higher net margin than 26% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

95th percentile

$1,922,303

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 2.6% of source-year revenue.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Asset Growth

80th percentile

16%

Faster asset growth than 80% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

40th percentile

4.7%

Faster revenue growth than 40% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Assets

Up

$58,506,177

Up $8,243,359 (+16%) from 2023

Liabilities

Up

$21,962,822

Up $43,213 (+0.2%) from 2023

Net Assets

Up

$36,543,355

Up $8,200,146 (+29%) from 2023

Revenue

Up

$74,171,611

Up $3,311,810 (+4.7%) from 2023

Expenses

Up

$75,966,221

Up $8,494,554 (+13%) from 2023

Net Income

Down

-$1,794,610

Down $5,182,744 (-153%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60M$40M$20M$0Assets 2010: $25,970,158Liabilities 2010: $10,037,501Net Assets 2010: $15,932,6572010Assets 2011: $26,325,831Liabilities 2011: $11,209,590Net Assets 2011: $15,116,2412011Assets 2012: $26,435,429Liabilities 2012: $8,497,469Net Assets 2012: $17,937,9602012Assets 2013: $29,541,483Liabilities 2013: $9,479,565Net Assets 2013: $20,061,9182013Assets 2014: $32,573,455Liabilities 2014: $11,664,523Net Assets 2014: $20,908,9322014Assets 2015: $52,703,026Liabilities 2015: $29,428,946Net Assets 2015: $23,274,0802015Assets 2016: $51,639,337Liabilities 2016: $23,672,074Net Assets 2016: $27,967,2632016Assets 2017: $51,178,510Liabilities 2017: $21,959,204Net Assets 2017: $29,219,3062017Assets 2018: $51,295,751Liabilities 2018: $26,421,344Net Assets 2018: $24,874,4072018Assets 2019: $50,359,940Liabilities 2019: $28,523,999Net Assets 2019: $21,835,9412019Assets 2020: $56,177,057Liabilities 2020: $40,731,232Net Assets 2020: $15,445,8252020Assets 2021: $57,422,111Liabilities 2021: $30,243,462Net Assets 2021: $27,178,6492021Assets 2022: $58,039,373Liabilities 2022: $28,873,348Net Assets 2022: $29,166,0252022Assets 2023: $50,262,818Liabilities 2023: $21,919,609Net Assets 2023: $28,343,2092023Assets 2024: $58,506,177Liabilities 2024: $21,962,822Net Assets 2024: $36,543,3552024

Highlighted filing

2024

Assets$58,506,177
Liabilities$21,962,822
Net Assets$36,543,355

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$80M$60M$40M$20M$0-$20MExpenses 2010: $36,172,2072010Expenses 2011: $34,614,7652011Expenses 2012: $36,641,2772012Revenue 2013: $40,238,762Expenses 2013: $38,150,613Net Income 2013: $2,088,1492013Revenue 2014: $40,839,823Expenses 2014: $40,145,336Net Income 2014: $694,4872014Revenue 2015: $48,706,876Expenses 2015: $45,957,498Net Income 2015: $2,749,3782015Revenue 2016: $53,912,581Expenses 2016: $51,808,471Net Income 2016: $2,104,1102016Revenue 2017: $53,120,610Expenses 2017: $51,860,774Net Income 2017: $1,259,8362017Revenue 2018: $55,314,334Expenses 2018: $55,023,058Net Income 2018: $291,2762018Revenue 2019: $56,108,830Expenses 2019: $56,676,079Net Income 2019: -$567,2492019Revenue 2020: $59,313,253Expenses 2020: $57,036,740Net Income 2020: $2,276,5132020Revenue 2021: $62,458,359Expenses 2021: $59,590,998Net Income 2021: $2,867,3612021Revenue 2022: $65,806,503Expenses 2022: $64,078,005Net Income 2022: $1,728,4982022Revenue 2023: $70,859,801Expenses 2023: $67,471,667Net Income 2023: $3,388,1342023Revenue 2024: $74,171,611Expenses 2024: $75,966,221Net Income 2024: -$1,794,6102024

Highlighted filing

2024

Revenue$74,171,611
Expenses$75,966,221
Net Income-$1,794,610

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$58.5$22.0$36.5$74.2$76.0$1.79
2023Detailed filing. Detailed filing data is available for this year.$50.3$21.9$28.3$70.9$67.5$3.39
2022Detailed filing. Detailed filing data is available for this year.$58.0$28.9$29.2$65.8$64.1$1.73
2021Detailed filing. Detailed filing data is available for this year.$57.4$30.2$27.2$62.5$59.6$2.87
2020Detailed filing. Detailed filing data is available for this year.$56.2$40.7$15.4$59.3$57.0$2.28
2019Detailed filing. Detailed filing data is available for this year.$50.4$28.5$21.8$56.1$56.7$0.57
2018Detailed filing. Detailed filing data is available for this year.$51.3$26.4$24.9$55.3$55.0$0.29
2017Detailed filing. Detailed filing data is available for this year.$51.2$22.0$29.2$53.1$51.9$1.26
2016Detailed filing. Detailed filing data is available for this year.$51.6$23.7$28.0$53.9$51.8$2.10
2015Detailed filing. Detailed filing data is available for this year.$52.7$29.4$23.3$48.7$46.0$2.75
2014Detailed filing. Detailed filing data is available for this year.$32.6$11.7$20.9$40.8$40.1$0.69
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$29.5$9.48$20.1$40.2$38.2$2.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$26.4$8.50$17.9$36.6
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$26.3$11.2$15.1$34.6
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$26.0$10.0$15.9$36.2