Community Memorial Hospital & Nursing Home, operating under the name Spring Valley Living Spring Valley Senior Living, is located in Spring Valley, MN. The organization was established in 1961. According to its NTEE Classification (E91) the organization is classified as: Nursing Facilities, under the broad grouping of Health Care and related organizations. As of 09/2023, Spring Valley Living Spring Valley Senior Living employed 184 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Spring Valley Living Spring Valley Senior Living 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 09/2023, Spring Valley Living Spring Valley Senior Living generated $9.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $7.6m during the year ending 09/2023. While expenses have increased by 6.0% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SPRING VALLEY LIVING PROVIDES HEALTH CARE SERVICES TO SPRING VALLEY AND THE SURROUNDING AREA
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY MEMORIAL HOSPITAL, INC. IS A 501(C)(3) NONPROFIT CORPORATION REFERRED TO AS SPRING VALLEY LIVING. WE PROVIDE HEALTHCARE SERVICES TO THE CITIZENS OF SPRING VALLEY AND THE SURROUNDING COMMUNITIES. THE ORGANIZATION PROVIDES SERVICES TO THESE INDIVIDUALS REGARDLESS OF THEIR ABILITY TO PAY. THE SERVICES PROVIDED INCLUDE INPATIENT SKILLED CARE; HOME CARE; HOUSING WITH SERVICES; AND REHABILITATION SERVICES. (CONTINUED ON SCHEDULE O)COMMUNITY MEMORIAL HOSPITAL, INC., REFERRED TO AS SPRING VALLEY LIVING, OPERATES ON A NONDISCRIMINATORY BASIS, REGARDLESS OF RACE, COLOR, SEX, RELIGION, OR NATIONAL ORIGIN. THE ORGANIZATION PROVIDES A CONTINUUM OF CARE TO MEET THE LONG-TERM HEALTHCARE NEEDS OF RESIDENTS, INCLUDING STATE LICENSES AND A MEDICARE CERTIFIED 50-BED SKILLED NURSING FACILITY (SPRING VALLEY CARE CENTER). THE SPRING VALLEY CARE CENTER, IN THE FISCAL YEAR 2023, ADMITTED 58 PATIENTS WITH TOTAL PATIENT DAYS OF 15,736 OF WHICH 36% OF THOSE PATIENT DAYS WERE MEDICAL ASSISTANCE AND MEDICAL ASSISTANT MANAGED CARE PATIENTS, 12 % WERE VETERAN ADMINISTRATION, AND 11% WERE MEDICARE. THERE WERE 38 UNITS OF LICENSED ASSISTED LIVING OF WHICH 24 OF THOSE UNITS ARE FOR MEMORY CARE ASSISTED LIVING, AND 20 UNITS OF FLEXIBLE LIVING THAT HOUSED COMMUNITY MEMBERS, PROVIDING CARE THAT WAS NOT ABLE TO BE PROVIDED ANY LONGER IN THEIR PREVIOUS HOME. THE ASSISTED LIVING AND HOUSING WITH SERVICES PROVIDES HOUSING AND SERVICES FOR CLIENTS ON ELDERLY WAIVER AND GROUP RESIDENTIAL HOUSING AS WELL AS PRIVATE PAY. IN THE PAST YEAR APPROXIMATELY 27% OF THE TENANTS UTILIZED SOME SORT OF ASSISTANCE. SPRING VALLEY LIVING MAINTAINS CONTINUING ARRANGEMENTS WITH OTHER ORGANIZATIONS AND HEALTH PROFESSIONALS TO PROVIDE ACCESS TO PHYSICAL, OCCUPATIONAL, AND SPEECH THERAPISTS, PODIATRISTS, AND MENTAL HEALTH SPECIALISTS TO MEET THE HEALTHCARE NEEDS OF ITS RESIDENTS AND THERE WERE APPROXIMATELY $29,859 OF SERVICES THAT WERE PROVIDED TO TENANTS THAT WERE NEEDED, BUT THE TENANT DID NOT HAVE THE MONEY OR SOURCE OF FUNDING THROUGH OTHER MEANS TO PAY FOR (CHARITY CARE). THIS IS REFERRED TO AS COMMUNITY CARE IN OUR OPERATIONS. THE SKILLED LONG-TERM HEALTH CARE FACILITY PROVIDES THESE SERVICES TO THE LONG-TIME MEMBERS OF THE CITY OF SPRING VALLEY AND THE SURROUNDING FARM COMMUNITIES. THE ORGANIZATION ALLOWS FOR FAMILIES AND THEIR LOVED ONES TO RECEIVE THE CARE NEEDED CLOSE TO HOME REGARDLESS OF THEIR FINANCIAL SITUATION.THIS ORGANIZATION WORKS WITH THE ON-THE-JOB EXPERIENCE PROGRAMS IN COORDINATION WITH THE SE MN WORKFORCE CENTERS AND IS A CLINICAL SITE FOR THE ROCHESTER TECHNICAL COLLEGE FOR SOME OF THEIR PROGRAMS. IN ADDITION, THE ORGANIZATION PARTNERS WITH OTHER SERVICE ORGANIZATIONS TO EDUCATE THE COMMUNITY ON TOPICS SUCH AS FALL PREVENTION, STROKE PREVENTION, DEMENTIA CARE, AND OTHER HEALTH CONCERNS FOR THE AGING POPULATION OF THIS COMMUNITY AND THEIR FAMILIES.THE ORGANIZATION ALSO COORDINATES PROGRAMS WITH THE KINGSLAND SCHOOL DISTRICT TO PROVIDE EXPOSURE TO LONG-TERM CARE FOR ELEMENTARY AND HIGH SCHOOL STUDENTS. THE LOCAL FFA WORKS WITH THE ORGANIZATION IN PROVIDING AN AVENUE FOR MEMBERS TO DO SERVICE WORK WITHIN THE LONG-TERM CARE INDUSTRY. THERE ARE PROGRAMS WITHIN THE SCHOOL THAT ALLOW SPRING VALLEY LIVING TO WORK WITH INTERESTED STUDENTS TO PROVIDE A WORK SETTING FOR THEM.THE ORGANIZATION PROVIDED EDUCATIONAL ASSISTANCE TO SEVERAL INDIVIDUALS IN HEALTHCARE-RELATED STUDY AND PROVIDED A LOCATION FOR COMMUNITY EDUCATION PROGRAMS OFFERED TO THOSE IN THE SPRING VALLEY AREA ALONG WITH MEETING SPACE FOR VARIOUS RELIGIOUS AND CIVIC GROUPS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Luann Ruesink Chair | OfficerTrustee | 0.5 | $0 |
Dan Root Vice Chair | OfficerTrustee | 0.5 | $0 |
Doug Plaehn Treasurer | OfficerTrustee | 0.5 | $0 |
Isaac Tangen Secretary | OfficerTrustee | 0.5 | $0 |
Tracie Mensink Director | Trustee | 0.5 | $0 |
Jason Runck Chair (thru Jan 23) | OfficerTrustee | 0.5 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Procarehr Peo Services | 9/29/23 | $3,784,182 |
Eide Bailly Accounting | 9/29/23 | $213,942 |
Aegis Therapies Therapy | 9/29/23 | $300,511 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $14,475 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $14,475 |
Total Program Service Revenue | $6,963,934 |
Investment income | $189,680 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $9,039,288 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $940 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $219,401 |
Compensation of current officers, directors, key employees. | $219,401 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $3,457,762 |
Pension plan accruals and contributions | $75,279 |
Other employee benefits | $722,567 |
Payroll taxes | $268,892 |
Fees for services: Management | $0 |
Fees for services: Legal | $2,741 |
Fees for services: Accounting | $230,441 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $492,694 |
Advertising and promotion | $9,137 |
Office expenses | $43,638 |
Information technology | $57,139 |
Royalties | $0 |
Occupancy | $311,918 |
Travel | $4,750 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $25,069 |
Interest | $384,065 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $431,120 |
Insurance | $104,921 |
All other expenses | $110,675 |
Total functional expenses | $7,596,887 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $390,923 |
Savings and temporary cash investments | $1,008,645 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $662,255 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $35,049 |
Net Land, buildings, and equipment | $11,943,164 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $2,756 |
Total assets | $14,042,792 |
Accounts payable and accrued expenses | $508,108 |
Grants payable | $0 |
Deferred revenue | $212,988 |
Tax-exempt bond liabilities | $10,189,708 |
Escrow or custodial account liability | $2,756 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $10,913,560 |
Net assets without donor restrictions | $3,129,232 |
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 | $14,042,792 |