VALLEY HOSPITAL ASSOCIATION INC DB… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1948

Legal Domicile

Principal Officer

ELIZABETH RIPLEY

Phone

9073522863

Tax Period

2023-01-01 to 2023-12-31

VALLEY HOSPITAL ASSOCIATION INC DBA MAT-SU HEALTH FOUNDATION, founded in 1948, is a mid-sized nonprofit in the Health Care sector that reported $59.6M in total revenue in fiscal year 2023. Revenue decreased 18% compared to the prior year. The organization ran a surplus of $33.0M, a strong 55% operating margin.

Mission

THE PRIMARY EXEMPT PURPOSE IS THE PROVISION OF MEDICAL SERVICES TO AREA RESIDENTS THROUGH A PARTNERSHIP WITH THE MAT-SU VALLEY MEDICAL CENTER AND GRANTS TO COMMUNITY ORGANIZATIONS.

Program Service Accomplishments

Program 1

Expenses: $22,068,212

THE REPORTING ORGANIZATION INCREASES ACCESS TO MEDICAL CARE, SOCIAL SERVICES, COMMUNITY SUPPORTS AND PREVENTION ACTIVITIES THROUGH BOTH THE PROVISION OF MEDICAL SERVICES AND GRANTS TO COMMUNITY...

THE REPORTING ORGANIZATION INCREASES ACCESS TO MEDICAL CARE, SOCIAL SERVICES, COMMUNITY SUPPORTS AND PREVENTION ACTIVITIES THROUGH BOTH THE PROVISION OF MEDICAL SERVICES AND GRANTS TO COMMUNITY ORGANIZATIONS FURTHERING THE PURPOSE OF IMPROVING THE HEALTH AND WELLNESS OF MATANUSKA-SUSITNA RESIDENTS.

Program 2

Revenue: $50,357,278

INVESTMENT IN MAT-SU VALLEY MEDICAL CENTER, LLC, JOINT VENTURE.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,300,686

Program Service Revenue $50,357,278

Investment Income $6,605,248

Other Revenue $1,362,988

TOTAL REVENUE $59,626,200

Expense Breakdown

Grants Paid $17,289,795

Salaries & Benefits $4,141,787

Fundraising Expenses $0

Program Expenses $22,068,212

Other Expenses $5,229,180

TOTAL EXPENSES $26,660,762

Year-over-Year Comparison

	2023	2022	Change
Revenue	$59,626,200	$72,860,061	-0.2%
Expenses	$26,660,762	$25,131,404	+0.1%
Net Income	$32,965,438	$47,728,657	-0.3%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$619,609

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ELIZABETH RIPLEY	CHIEF EXECUTIVE OFFICER	40.00	Officer	$308,950	$12,088	$321,038
ROBIN MINARD	CHIEF COMMUNICATIONS OFFICER	40.00	Highest	$153,875	$36,672	$190,547
JAMES BECK	SENIOR PROGRAM OFFICER	40.00	Highest	$165,067	$20,553	$185,620
VANDANA INGLE	SENIOR PROGRAM OFFICER	40.00	Highest	$123,087	$45,458	$168,545
ELIZABETH LARSON	PROGRAM DIRECTOR	40.00	Highest	$119,279	$44,263	$163,542
WILLIAM BILL FINLEY	CHIEF FINANCIAL OFFICER	40.00	Officer	$138,823	$18,771	$157,594
RAY MICHAELSON	PROGRAM OFFICER	40.00	Highest	$134,681	$19,343	$154,024
EVIE SHIELDS	CONTROLLER	40.00	Officer	$135,547	$5,430	$140,977
LEBRON MCPHAIL	CHAIR	1.00	Officer Director	$0	$0	$0
LISA WADE	VICE CHAIRPERSON	1.00	Officer Director	$0	$0	$0
TERI NAMTVEDT	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
TAMMY BRUCE	DIRECTOR	1.00	Director	$0	$0	$0
MARISA CHUD	DIRECTOR	1.00	Director	$0	$0	$0
RAELYNN DANIELOWSKI	DIRECTOR	1.00	Director	$0	$0	$0
DR BARB DOTY	DIRECTOR	1.00	Director	$0	$0	$0
GREG JONES	DIRECTOR	1.00	Director	$0	$0	$0
KEITH KEHOE	DIRECTOR	1.00	Director	$0	$0	$0
SAMMYE POKRYFKI	DIRECTOR	1.00	Director	$0	$0	$0
LISA SMAYDA	DIRECTOR	1.00	Director	$0	$0	$0
HILARY STARK	DIRECTOR	1.00	Director	$0	$0	$0
DAVID ELLER	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM ROSS NEWCOMBE	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD PORTER	DIRECTOR (THRU 5/23)	1.00	Director	$0	$0	$0
PHILIP LICHT	DIRECTOR (THRU 5/23)	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	$59,626,200	$26,660,762	$398,343,020	$32,965,438
2023	$59,626,200	$26,660,762	$398,343,020	$32,965,438
2022	No data	No data	No data	No data
2022	$72,860,061	$25,131,404	$341,754,733	$47,728,657
2021	$60,449,303	$22,399,587	$330,090,362	$38,049,716
2021	$60,449,303	$22,399,587	$330,090,362	$38,049,716
2020	$43,247,666	$22,602,555	$276,307,816	$20,645,111
2019	$33,758,869	$17,893,985	$254,462,013	$15,864,884
2018	$19,394,980	$13,325,501	$228,151,998	$6,069,479
2018	$34,998,694	$13,265,356	$228,151,998	$21,733,338

VALLEY HOSPITAL ASSOCIATION INC DBA MAT-SU HEALTH FOUNDATION