Upper Valley Medical Center
- Assets
- $183.4m
- Revenue
- $164.7m
- Investments
- $25.9m
- Employees
- 1,232
- Location
- Dayton, OH
- Founding
- 04/1938
- Data as of
- 12/2022
- EIN
- 31-0537095
Organization Overview
Upper Valley Medical Center is located in Dayton, OH. The organization was established in 1938. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2022, Upper Valley Medical Center employed 1,232 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Upper Valley Medical Center is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Upper Valley Medical Center generated $164.7m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $136.9m during the year ending 12/2022. While expenses have increased by 0.0% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Upper Valley Medical Center has awarded 182 individual grants totaling $21,344,068. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE PART III, LINE 1
Describe the Organization's Program Activity:
THE PRIMARY EXEMPT PURPOSE OF UPPER VALLEY MEDICAL CENTER IS TO PROVIDE COMPREHENSIVE INPATIENT, OUTPATIENT, AND EMERGENCY HEALTH CARE SERVICES TO THE RESIDENTS OF CHAMPAIGN, DARKE, MIAMI, AND SHELBY COUNTIES. THE HOSPITAL FURTHERS ITS TAX-EXEMPT PURPOSE BY PROMOTING THE HEALTH OF THE COMMUNITY IN MANY WAYS. SEE SCHEDULE H FOR MORE INFORMATION.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary H Boosalis Premier Pres & CEO (to Jan) | Trustee | 10 | $0 |
Michael C Riordan Premier Pres & CEO (from Jan) | Trustee | 10 | $0 |
Fayez D Abboud MD Board Chair | OfficerTrustee | 0.5 | $0 |
Robert M Kohut MD Trustee | Trustee | 0.5 | $0 |
Kevin W Harlan President | OfficerTrustee | 37 | $457,330 |
Daniel J Elshoff MD Trustee | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Commonspirt Health Clinical Engineering | 12/30/20 | $1,829,331 |
Wenco Construction Co Llc Construction | 12/30/20 | $4,203,067 |
Pulmonary & Critical Care Medical Services | 12/30/20 | $1,237,469 |
Healogics Wound Care & Hyperbaric Svc Medical Services | 12/30/20 | $834,125 |
Hicuity Health Inc Medical Services | 12/30/20 | $660,492 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,250,738 |
| All other contributions, gifts, grants, and similar amounts not included above | $170,199 |
| Noncash contributions included in lines 1a–1f | $38,892 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,420,937 |
| Total Program Service Revenue | $156,626,029 |
| Investment income | $1,028,314 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $728,660 |
| Net Gain/Loss on Asset Sales | $1,258,431 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $164,650,246 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,301,916 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,550,264 |
| Compensation of current officers, directors, key employees. | $654,760 |
| Compensation to disqualified persons | $371,825 |
| Other salaries and wages | $46,189,434 |
| Pension plan accruals and contributions | $2,616,275 |
| Other employee benefits | $3,822,093 |
| Payroll taxes | $3,424,075 |
| Fees for services: Management | $101,367 |
| Fees for services: Legal | $4,872 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $4,539 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $166,384 |
| Fees for services: Other | $33,742,062 |
| Advertising and promotion | $434,248 |
| Office expenses | $525,928 |
| Information technology | $735,825 |
| Royalties | $0 |
| Occupancy | $4,794,347 |
| Travel | $27,022 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,633,457 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,007,511 |
| Insurance | $703,293 |
| All other expenses | $305,073 |
| Total functional expenses | $136,929,479 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,560 |
| Savings and temporary cash investments | $6,293,431 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $24,709,345 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,153,487 |
| Inventories for sale or use | $1,251,423 |
| Prepaid expenses and deferred charges | $936,774 |
| Net Land, buildings, and equipment | $71,472,776 |
| Investments—publicly traded securities | $50,491,018 |
| Investments—other securities | $25,883,359 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,186,248 |
| Total assets | $183,380,421 |
| Accounts payable and accrued expenses | $11,496,092 |
| Grants payable | $2,851,461 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $53,904,415 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $693,307 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $42,959,154 |
| Total liabilities | $111,904,429 |
| Net assets without donor restrictions | $71,475,992 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $183,380,421 |
Grants Awarded
Over the last fiscal year, Upper Valley Medical Center has awarded $2,194,226 in support to 28 organizations.
| Grant Recipient | Amount |
|---|---|
MIAMI COUNTY YMCA PURPOSE: SUPPORT | $1,000,950 |
SAMARITAN BEHAVIORAL HEALTH PURPOSE: SUPPORT | $176,250 |
ONEFIFTEEN RECOVERY PURPOSE: SUPPORT | $200,000 |
ARBOGAST PERFORMING ARTS PURPOSE: SUPPORT | $130,288 |
HEALTH PARTNERS FREE CLINIC PURPOSE: SUPPORT | $125,275 |
MIAMI COUNTY DENTAL CLINIC PURPOSE: SUPPORT | $95,000 |