River Valley Health Network
- Assets
- $39.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Madison, MN
- Founding
- 02/2003
- Data as of
- 09/2021
- EIN
- 41-1954804
Organization Overview
River Valley Health Network is located in Madison, MN. The organization was established in 2003. According to its NTEE Classification (E19) the organization is classified as: Support N.E.C., under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. River Valley Health Network 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 09/2021, River Valley Health Network generated $67.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (26.3%) each year. All expenses for the organization totaled $41.0k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (32.0%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ken Perkins Director | 0.5 | $0 | |
David Lieser Secretary Treasuer | 0.5 | $0 | |
Kirsten Gloege Chair | 0.5 | $0 | |
Kevin Skjei Vice Chair | 0.5 | $0 | |
Erik Berkie Director | 0.5 | $0 | |
Stacey Lee Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,140 |
| Total Program Service Revenue | $0 |
| Membership dues | $20,000 |
| Investment income | $3 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $41,850 |
| Total Revenue | $66,993 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $7,168 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,594 |
| Other expenses | $6,661 |
| Total expenses | $40,975 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $28,327 |
| Other assets | $0 |
| Total assets | $39,911 |
| Total liabilities | $0 |
| Net assets or fund balances | $39,911 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
D&t Facility Management Company St Paul, MN | $0 | $9,375,360 |
Nuway Alliance Minneapolis, MN | $20,306,360 | $15,942,429 |
Central Iowa Health Properties Corporation Des Moines, IA | $56,150,433 | $5,306,089 |
Otto Schoitz Foundation Waterloo, IA | $68,331,413 | $12,915,755 |
Mbp Facility Llc Minneapolis, MN | $33,492,901 | $0 |
Wilderness Health Two Harbors, MN | $1,715,347 | $1,435,030 |
Twin City Christian Homes Inc Richfield, MN | $3,874,216 | $436,963 |
Minnesota Medication Repository Program Minneapolis, MN | $133,550 | $565,566 |
Deuel County Memorial Hospital Clear Lake, SD | $3,885,999 | $273,743 |
Towner County Hospital Authority Cando, ND | $5,364,276 | $3,599,010 |
Baraboo River Equine-Assisted Therapies Inc Baraboo, WI | $318,959 | $196,787 |
Dakota Hospital Association And Foundation Vermillion, SD | $7,077,333 | $362,653 |