HIAWATHA VALLEY MENTAL HEALTH CENTER INC

EIN: 410889423 501(c)(3)

WINONA, MN

Total Revenue
$13,483,178
Total Expenses
$13,772,792
Total Assets
$10,694,123
Net Assets
$5,066,586
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1964
Legal Domicile
MN
Principal Officer
ERIK SIEVERS
Phone
8006576777
Tax Period
2024-01-01 to 2024-12-31

HIAWATHA VALLEY MENTAL HEALTH CENTER INC, founded in 1964, is a mid-sized nonprofit that reported $13.5M in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion.

Mission

THE COMMUNITY LEADER IN DELIVERING EXCEPTIONAL, RESPONSIVE AND CONSUMER FOCUSED BEHAVIORAL HEALTH SERVICES. VISION: TO PROVIDE EXCEPTIONAL MENTAL AND BEHAVIORAL SUPPORT AND SERVICES TO ENHANCE THE WELL-BEING OF OUR COMMUNITIES THROUGH A NON-PROFIT STRUCTURE. WE WILL ACHIEVE OUR VISION BY: PROVIDING QUALITY, INNOVATIVE SERVICES THAT ARE ACCESSIBLE PARTNERING AND COLLABORATING WITH OTHER AGENCIES TO INCREASE THE HEALTH OF OUR COMMUNITIES. CULTIVATING WAYS TO FUND SERVICES AND STAFF RESOURCES. ADVANCING THE CONTINUING EDUCATION OF OUR STAFF MEMBERS BY SEEKING OUT THE BEST AND MOST CURRENT KNOWLEDGE AND TRAINING ON BEHAVIORAL HEALTH TREATMENT AND SERVICES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $137,679
Program Service Revenue $13,322,501
Investment Income $32,530
Other Revenue $-9,532
TOTAL REVENUE $13,483,178

Expense Breakdown

Grants Paid $0
Salaries & Benefits $10,759,009
Fundraising Expenses $99,661
Program Expenses $13,289,162
Other Expenses $3,013,783
TOTAL EXPENSES $13,772,792

Year-over-Year Comparison

2024 2023 Change
Revenue $13,483,178 $11,429,900 +0.2%
Expenses $13,772,792 $11,841,815 +0.2%
Net Income $-289,614 $-411,915 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
14
Independent Members
14
Employees
187
Volunteers
15

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$295,872
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRAD ANDERSON PRESIDENT 1.00
Officer Director
$0 $0 $0
MARIE KOVECSI DIRECTOR 1.00
Director
$0 $0 $0
ROBERT BURNS VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
JULIE KIEHNE DIRECTOR 1.00
Director
$0 $0 $0
MIKE WOBBE DIRECTOR 1.00
Director
$0 $0 $0
MARY POLUS DIRECTOR 1.00
Director
$0 $0 $0
MACARAN BAIRD DIRECTOR 1.00
Director
$0 $0 $0
ERICK ENGER DIRECTOR 1.00
Director
$0 $0 $0
MANDY HANSEL TREASURER 1.00
Officer Director
$0 $0 $0
TERESA O'DONNELL-EBNER SECRETARY 1.00
Officer Director
$0 $0 $0
KARRIE KELLY DIRECTOR 1.00
Director
$0 $0 $0
DWAYNE VOEGELI DIRECTOR 1.00
Director
$0 $0 $0
MITCH LENTZ DIRECTOR 1.00
Director
$0 $0 $0
DENISE MCDOWELL DIRECTOR 1.00
Director
$0 $0 $0
ERIK SIEVERS EXECUTIVE DIRECTOR 40.00
Officer
$175,660 $20,727 $196,387
KIM KOLSTAD FINANCE DIRECTOR 40.00
Officer
$99,485 $0 $99,485
TIMOTHY HUNTER EX DEPUTY DIRECTOR 40.00
Highest
$107,029 $28,459 $135,488
MICHELLE MONERSON OP DIRECTOR 40.00
Highest
$108,717 $23,444 $132,161
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $13,483,178 $13,772,792 $10,694,123 $-289,614
2023 $11,429,900 $11,841,815 $10,881,153 $-411,915
2022 $10,289,870 $10,257,854 $11,776,838 $32,016
2021 $9,118,703 $8,816,510 $11,257,141 $302,193
2020 $9,931,356 $8,553,218 $11,094,821 $1,378,138
2019 $8,509,900 $8,595,264 $9,779,452 $-85,364
2018 $9,086,441 $8,663,873 $9,963,289 $422,568
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