MERCY HOSPITAL OF VALLEY CITY

EIN: 450226553 501(c)(3) Health Care

VALLEY CITY, ND

Total Revenue
$15,365,225
Total Expenses
$13,978,322
Total Assets
$50,641,207
Net Assets
$44,890,715
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1928
Legal Domicile
ND
Principal Officer
D RYAN FOWLER
Phone
7018456489
Tax Period
2023-07-01 to 2024-06-30

MERCY HOSPITAL OF VALLEY CITY, founded in 1928, is a mid-sized nonprofit in the Health Care sector that reported $15.4M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $14.0M left a modest 9% surplus.

Mission

MERCY HOSPITAL OF VALLEY CITY IS A CRITICAL ACCESS HOSPITAL SERVING A LARGE GEOGRAPHICAL AREA. COMMUNITY BENEFITS INCLUDE: UNCOMPENSATED CARE, MEDICAL EDUCATION AND AWARENESS, SUPPORT SERVICES, AND COMMUNITY OUTREACH.

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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 (2023)

Revenue Breakdown

Contributions & Grants $68,239
Program Service Revenue $13,169,013
Investment Income $1,195,187
Other Revenue $932,786
TOTAL REVENUE $15,365,225

Expense Breakdown

Grants Paid $71,245
Salaries & Benefits $5,414,650
Fundraising Expenses $0
Program Expenses $13,023,365
Other Expenses $8,492,427
TOTAL EXPENSES $13,978,322

Year-over-Year Comparison

2023 2022 Change
Revenue $15,365,225 $14,048,871 +0.1%
Expenses $13,978,322 $13,285,786 +0.1%
Net Income $1,386,903 $763,085 +0.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
3
Employees
82
Volunteers
30

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
8
$1,661,262
Total Directors
8
$1,851,628
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JULIE GOEBEL BOARD MEMBER/DIVISION SVP COO (PARTIAL YEAR) 1.00
Director
$0 $55,466 $1,020,400
DAVID JONES BOARD MEMBER/MARKET PRESIDENT, CENTRAL REGION 1.00
Director
$0 $53,617 $514,309
TIM SCHNACK MARKET CFO 1.00
Officer
$0 $48,053 $417,768
NICK O'TOOL MARKET CFO (PARTIAL YEAR) 4.00
Officer
$0 $50,949 $399,969
REBECCA THOMPSON FORMER INTERIM PRESIDENT 0.00
$0 $24,380 $367,805
D RYAN FOWLER BOARD MEMBER/PRESIDENT 40.00
Officer Director
$0 $44,714 $316,919
CLARK KRUTA CRNA 40.00
Highest
$234,019 $54,215 $288,234
AMBER STOMAN TREASURER/VP FINANCE 1.00
Officer
$0 $44,587 $265,888
BETH SMITH TREASURER (PARTIAL YEAR) 1.00
Officer
$0 $41,138 $199,476
ALANA MCCLELLAN MANAGER, EMERGENCY SERVICES 40.00
Highest
$147,582 $28,521 $176,103
COLLEEN JONES VP, PATIENT CARE SERVICES 40.00
Highest
$153,772 $20,644 $174,416
AMY NOESKE PHARMACY MANAGER 40.00
Highest
$135,203 $35,590 $170,793
CAMILLE SETTELMEYER FORMER OFFICER 0.00
$0 $20,013 $167,183
CARLA MORRISON MANAGER PHARMACY 40.00
Highest
$20,388 $4,580 $145,473
KAYLA BEILKE BOARD SECRETARY 40.00
Officer
$48,624 $12,618 $61,242
ALAN LAFAVE BOARD MEMBER 1.00
Director
$0 $0 $0
CASEY STOUDT CHAIR 1.00
Officer Director
$0 $0 $0
TIM OST BOARD MEMBER (PARTIAL YEAR) 1.00
Director
$0 $0 $0
FREDRICK MITZEL MD VICE CHAIR (PARTIAL YEAR) 1.00
Officer Director
$0 $0 $0
TYLER MARTHALER BOARD MEMBER 1.00
Director
$0 $0 $0
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
2025 No data No data No data No data
2024 $15,365,225 $13,978,322 $50,641,207 $1,386,903
2023 $14,048,871 $13,285,786 $47,658,626 $763,085
2022 $14,959,731 $13,751,559 $46,786,903 $1,208,172
2021 $15,231,866 $11,545,758 $49,620,792 $3,686,108
2020 $13,973,448 $12,224,444 $41,344,654 $1,749,004
2019 $13,803,017 $12,322,099 $33,197,052 $1,480,918
2018 $15,372,769 $12,942,740 $30,399,579 $2,430,029
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