POWELL VALLEY HEALTH CARE INC

EIN: 830300467 501(c)(3) Health Care

POWELL, WY

Total Revenue
$82,700,843
Total Expenses
$83,878,898
Total Assets
$34,395,565
Net Assets
$26,117,836
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Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
WY
Principal Officer
JOY COULSTON
Phone
3077542267
Tax Period
2023-07-01 to 2024-06-30

POWELL VALLEY HEALTH CARE INC, founded in 1992, is a mid-sized nonprofit in the Health Care sector that reported $82.7M in total revenue in fiscal year 2023.

Mission

CARING FOR YOU

Program Service Accomplishments

Program 1
Expenses: $68,128,985 Revenue: $82,110,169

POWELL VALLEY HEALTH CARE, INC. (HOSPITAL) PROVIDES QUALITY CARE REGARDLESS OF RACE, CREED, SEX, NATIONAL ORIGIN, DISABILITY, AGE, OR ABILITY TO PAY. ALTHOUGH REIMBURSEMENT FOR SERVICES RENDERED IS...

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POWELL VALLEY HEALTH CARE, INC. (HOSPITAL) PROVIDES QUALITY CARE REGARDLESS OF RACE, CREED, SEX, NATIONAL ORIGIN, DISABILITY, AGE, OR ABILITY TO PAY. ALTHOUGH REIMBURSEMENT FOR SERVICES RENDERED IS CRITICAL TO THE OPERATION OF THE HOSPITAL, IT IS RECOGNIZED THAT NOT ALL INDIVIDUALS POSSESS THE ABILITY TO PURCHASE THESE ESSENTIAL SERVICES. IT IS THE HOSPITAL'S MISSION TO SERVE THE SURROUNDING AREA BY PROVIDING HEALTH CARE SERVICES AND HEALTH CARE EDUCATION TO ALL COMMUNITY MEMBERS. DURING THE YEAR ENDED JUNE 30, 2024, THE HOSPITAL PROVIDED $380,686 OF MEDICAL SERVICES, BASED ON THE AMOUNTS OF CHARGES FOREGONE, UNDER THE HOSPITAL'S CHARITY CARE POLICY AND GUIDELINES TO INDIVIDUALS WHO WERE DETERMINED UNABLE TO PURCHASE SUCH SERVICES. IN ADDITION TO FREE CARE AND/OR SUBSIDIZED CARE, CARE IS ALSO PROVIDED AT BELOW COST RATES TO PERSONS COVERED BY GOVERNMENTAL PROGRAMS. RECOGNIZING ITS MISSION TO THE COMMUNITY, SERVICES ARE PROVIDED TO BOTH MEDICARE AND MEDICAID PATIENTS. THE UNREIMBURSED VALUE (BASED ON COST) OF PROVIDING CARE TO ALL PATIENTS WAS $5,215,605 FOR THE YEAR ENDED JUNE 30, 2024. DURING THE FISCAL YEAR ENDED JUNE 30, 2024, THE HOSPITAL PROVIDED 2,732 DAYS OF HOSPITAL SERVICES, THE NURSING HOME PROVIDED 17,211 DAYS OF RESIDENT SERVICES, AND THE ASSISTED LIVING FACILITY PROVIDED 7,380 DAYS OF RESIDENT SERVICES. THE HOSPITAL ALSO PROVIDES COMMUNITY CARE AND SERVICES THROUGH MANY HEALTH ACTIVITIES AND PROGRAMS PROVIDED TO SUPPORT THE COMMUNITY. THESE ACTIVITIES INCLUDE SUPPORT TO ONE HEALTH, A COMMUNITY HEALTH CENTER FQHC, WELLNESS PROGRAM, COMMUNITY EDUCATION PROGRAM, SPECIAL PROGRAMS FOR SPECIFIC PURPOSES, AND A VARIETY OF COMMUNITY SUPPORTED ACTIVITIES.

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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 $536,289
Program Service Revenue $82,070,059
Investment Income $24,089
Other Revenue $70,406
TOTAL REVENUE $82,700,843

Expense Breakdown

Grants Paid $79,025
Salaries & Benefits $45,896,779
Fundraising Expenses $86,599
Program Expenses $68,128,985
Other Expenses $37,903,094
TOTAL EXPENSES $83,878,898

Year-over-Year Comparison

2023 2022 Change
Revenue $82,700,843 $79,721,172 +0.0%
Expenses $83,878,898 $77,873,461 +0.1%
Net Income $-1,178,055 $1,847,711 -1.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
12
Independent Members
8
Employees
594
Volunteers
31

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
$413,345
Total Directors
12
$1,251,377
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RJ KOST PRESIDENT 1.00
Officer Director
$0 $0 $0
CHRIS COX VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
BONITA KATZ SECRETARY 1.00
Officer Director
$0 $0 $0
NATHANIEL RIEB MD TREASURER 1.00
Officer Director
$0 $0 $0
SYD THOMPSON DIRECTOR 1.00
Director
$0 $0 $0
SHELLY HILL DIRECTOR 1.00
Director
$0 $0 $0
JONI BENNETT DIRECTOR 1.00
Director
$0 $0 $0
SCOTT MCKENZIE DIRECTOR 1.00
Director
$0 $0 $0
PATTI REISINGER DIRECTOR 1.00
Director
$0 $0 $0
AARON BILLIN MD DIRECTOR/PHYSICIAN 72.00
Director
$359,037 $40,267 $399,304
BRADLEY NORTH DO DIRECTOR/PHYSICIAN 40.00
Director
$320,475 $39,111 $359,586
JENKINS CLARKSON MD DIRECTOR/PHYSICIAN 40.00
Director
$451,440 $41,047 $492,487
TERRY ODOM CEO (TERMED JULY 2023) 40.00
Officer
$255,459 $14,231 $269,690
JOY COULSTON CEO (BEG. JULY 2023) 40.00
Officer
$125,266 $18,389 $143,655
WILLIAM JARVIS PHYSICIAN 40.00
Highest
$912,196 $41,047 $953,243
CARLETTA COLLINS PHYSICIAN 40.00
Highest
$659,727 $39,397 $699,124
TOMASZ OLEJNIK PHYSICIAN 36.00
Highest
$441,233 $35,016 $476,249
KELLY CHRISTENSEN PHYSICIAN 40.00
Highest
$435,993 $38,316 $474,309
BRIAN KELLY PHYSICIAN 40.00
Highest
$520,000 $39,397 $559,397
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 $82,700,843 $83,878,898 $34,395,565 $-1,178,055
2023 $79,721,172 $77,873,461 $35,316,975 $1,847,711
2022 $67,176,578 $67,132,790 $36,247,758 $43,788
2021 $75,395,152 $62,517,443 $35,284,547 $12,877,709
2020 $54,591,490 $53,586,075 $31,052,930 $1,005,415
2019 $48,738,801 $47,119,609 $18,108,570 $1,619,192
2018 $49,218,654 $50,132,516 $17,158,652 $-913,862
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