PLATTE VALLEY MEDICAL CENTER FOUNDATION

EIN: 742255936 501(c)(3)

BRIGHTON, CO

Total Revenue
$1,555,001
Total Expenses
$1,165,555
Total Assets
$3,345,185
Net Assets
$3,269,658
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1982
Legal Domicile
CO
Principal Officer
ANTELIA SALAZAR-BALL
Phone
3034983630
Tax Period
2023-01-01 to 2023-12-31

PLATTE VALLEY MEDICAL CENTER FOUNDATION, founded in 1982, is a community nonprofit that reported $1.6M in total revenue in fiscal year 2023. Revenue surged 160% from the prior year, signaling strong growth momentum. The organization ran a surplus of $389K, a strong 25% operating margin.

Mission

HELPING PEOPLE LIVE THE HEALTHIEST LIVES POSSIBLE.

Program Service Accomplishments

Program 1
Expenses: $972,386

THE PLATTE VALLEY MEDICAL CENTER FOUNDATION IS A NON-PROFIT ORGANIZATION WHOSE MISSION IS TO SUPPORT THE PROGRAMS AND SERVICES OF PLATTE VALLEY MEDICAL CENTER (PVMC). FOR OVER 30 YEARS, CHARITABLE...

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THE PLATTE VALLEY MEDICAL CENTER FOUNDATION IS A NON-PROFIT ORGANIZATION WHOSE MISSION IS TO SUPPORT THE PROGRAMS AND SERVICES OF PLATTE VALLEY MEDICAL CENTER (PVMC). FOR OVER 30 YEARS, CHARITABLE CONTRIBUTIONS HAVE HELPED ADD NEW TECHNOLOGY, BRING NEW SERVICES TO THE COMMUNITY AND GREATLY ENHANCE THE COMFORT AND CARE OF PATIENTS AND FAMILIES SERVED.PLATTE VALLEY MEDICAL CENTER IS A REFLECTION OF THE ENERGY AND PIONEERING SPIRIT OF A PASSIONATE COMMUNITY. THIS COMMUNITY RALLIED TOGETHER IN 1958, FORMED AN ARMY OF LOCAL RESIDENTS, AND WENT DOOR TO DOOR TO RAISE FUNDS FOR THE CONSTRUCTION OF A NEW HOSPITAL. IN 1960, PVMC BECAME THE FIRST PRIVATE GENERAL MEDICAL-SURGICAL HOSPITAL IN ADAMS AND SOUTHERN WELD COUNTIES.PLATTE VALLEY MEDICAL CENTER AND THE FOUNDATION WERE PART OF THE SISTERS OF CHARITY OF LEAVENWORTH HEALTH SYSTEM. ON APRIL 1, 2022, INTERMOUNTAIN HEALTH CARE, INC. AND SISTERS OF CHARITY OF LEAVENWORTH HEALTH SYSTEM, INC. AFFILIATED, CREATING A MODEL HEALTH SYSTEM THAT PROVIDES HIGH-QUALITY, ACCESSIBLE, AND AFFORDABLE HEALTHCARE TO COMMUNITIES IN UTAH, IDAHO, NEVADA, COLORADO, MONTANA, WYOMING, AND KANSAS. THE ORGANIZATION EMPLOYS MORE THAN 66,000 CAREGIVERS, OPERATES 33 HOSPITALS (INCLUDING ONE VIRTUAL HOSPITAL), AND RUNS HUNDREDS OF CLINICS, WHILE PROVIDING HEALTH INSURANCE TO OVER ONE MILLION PEOPLE IN UTAH, IDAHO AND NEVADA.AS PART OF INTERMOUNTAIN HEALTHCARE, PLATTE VALLEY HAS DIRECT ACCESS TO BEST PRACTICES, RESOURCES, TECHNOLOGY, TALENT AND STRATEGIC CAPITAL.

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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 $1,375,425
Program Service Revenue $0
Investment Income $210,665
Other Revenue $-31,089
TOTAL REVENUE $1,555,001

Expense Breakdown

Grants Paid $970,855
Salaries & Benefits $153,080
Fundraising Expenses $91,356
Program Expenses $972,386
Other Expenses $41,620
TOTAL EXPENSES $1,165,555

Year-over-Year Comparison

2023 2022 Change
Revenue $1,555,001 $597,050 +1.6%
Expenses $1,165,555 $634,589 +0.8%
Net Income $389,446 $-37,539 -11.4%
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

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Governance

Voting Members
18
Independent Members
13
Employees
N/A
Volunteers
25

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
4
$162,279
Total Directors
18
$1,466,060
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAIME CAMPBELL DIRECTOR 1.00
Director
$0 $221,516 $699,342
KURT GENSERT DIRECTOR 1.00
Director
$0 $179,177 $568,147
MAGGIE MUNOZ FOUNDATION EXECUTIVE DIR/SECRETARY 50.00
Officer Director
$0 $50,434 $162,279
CANDACE HARROD DIRECTOR 1.00
Director
$0 $0 $31,987
RYAN KLEMT DIRECTOR 1.00
Director
$0 $0 $4,305
MAUREEN ALLEN DIRECTOR 1.00
Director
$0 $0 $0
LUZMARIA BANUELOS-SHEARER DIRECTOR 1.00
Director
$0 $0 $0
ALAN COLON DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL DOLAN CHAIR 1.00
Officer Director
$0 $0 $0
BRIAN ENGLE DIRECTOR 1.00
Director
$0 $0 $0
KARRI FAIR DIRECTOR 1.00
Director
$0 $0 $0
SERAFINA GARZA DIRECTOR 1.00
Director
$0 $0 $0
TOM JANNSEN DIRECTOR 1.00
Director
$0 $0 $0
SIMONE JONES DIRECTOR 1.00
Director
$0 $0 $0
JAN OLSON VICE CHAIR 1.00
Officer Director
$0 $0 $0
ANTELIA SALAZAR-BALL TREASURER 1.00
Officer Director
$0 $0 $0
HEIDI STORZ DIRECTOR 1.00
Director
$0 $0 $0
SUSAN WIANT DIRECTOR 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
2024 No data No data No data No data
2023 $1,555,001 $1,165,555 $3,345,185 $389,446
2022 $597,050 $634,589 $3,083,840 $-37,539
2021 $577,660 $305,826 $2,956,645 $271,834
2020 $365,537 $494,561 $2,608,659 $-129,024
2019 $565,909 $211,703 $2,563,920 $354,206
2018 $564,201 $532,128 $2,133,212 $32,073
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