Valley View Hospital Foundation
- Assets
- $8.1m
- Revenue
- $5.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Glenwood Springs, CO
- Founding
- 07/2003
- Data as of
- 12/2021
- EIN
- 73-1664673
Organization Overview
Valley View Hospital Foundation is located in Glenwood Springs, CO. The organization was established in 2003. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, 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. Valley View Hospital Foundation 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 12/2021, Valley View Hospital Foundation generated $5.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 23.6% each year . All expenses for the organization totaled $1.2m during the year ending 12/2021. While expenses have increased by 0.8% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT OF VALLEY VIEW HOSPITAL ASSOCIATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION, OPERATING AS A DEPARTMENT OF VALLEY VIEW HOSPITAL, RAISED FUNDS TO SUPPORT PROGRAM AND CAPITAL NEEDS OF ITS SUPPORTED ORGANIZATION, VALLEY VIEW HOSPITAL ASSOCIATION, A 501(C)(3) ORGANIZATION. IN 2021, THE FOUNDATION RAISED AND DISTRIBUTED FUNDS FOR THE CALAWAY-YOUNG CANCER CENTER, BREAST HEALTH, NURSING AND OTHER PROJECTS. THE FOUNDATION RAISED $5,277,049 IN 2021. THE FOUNDATION ALSO RECEIVED $12,606 IN DONATIONS OF SERVICES AND MATERIALS IN SUPPORT OF THE ORGANIZATION AND THE RALLY THE VALLEY EVENT.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patti Miely President | OfficerTrustee | 2 | $0 |
Jon Warnick Treasurer | OfficerTrustee | 2 | $0 |
Nancy Peterson Secretary | OfficerTrustee | 2 | $0 |
Stacey Gavrell Executive Director | Officer | 12 | $0 |
Konnie Krahn-Prosence Board Member | Trustee | 1 | $0 |
Leslieann Gallagher Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $143,680 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,133,369 |
| Noncash contributions included in lines 1a–1f | $11,368 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,277,049 |
| Total Program Service Revenue | $0 |
| Investment income | $53,936 |
| 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 | $5,330,985 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,140,701 |
| Grants and other assistance to domestic individuals. | $5,908 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $4,526 |
| Total functional expenses | $1,151,135 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $6,011,013 |
| Pledges and grants receivable | $1,507,177 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $614,275 |
| Total assets | $8,132,465 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $559,559 |
| Net assets with donor restrictions | $7,572,906 |
| 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 | $8,132,465 |
Grants Awarded
Over the last fiscal year, Valley View Hospital Foundation has awarded $718,779 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Glenwood Springs, CO PURPOSE: PROJECTS INCLUDING CANCER CENTER OPERATIONS, HEART & VASCULAR RESEARCH FUNDING, & OTHER PROJECTS | $704,699 |
Glenwood Springs, CO PURPOSE: CANCER CENTER CAPITAL FUNDING | $14,080 |
Grants Recieved
Over the last fiscal year, we have identified 11 grants that Valley View Hospital Foundation has recieved totaling $1,463,434.
| Awarding Organization | Amount |
|---|---|
Beaufort Foundation Inc Carbondale, CO PURPOSE: OPERATIONS | $500,000 |
The@melvin And Bren Simon Charitable Foundation Number One Carbondale, CO PURPOSE: GENERAL SUPPORT | $400,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $271,000 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: MEDICAL / PUBLIC SERVICES | $180,000 |
Aspen Community Foundation Basalt, CO PURPOSE: GENERAL SUPPORT | $69,906 |
Dallas Foundation A Tx Nonprofit Corporation Dallas, TX PURPOSE: GENERAL SUPPORT | $15,120 |
Endowment Analysis
| Beg. Balance | $160,001 |
| Earnings | $32,776 |
| Net Contributions | $2,500,000 |
| Ending Balance | $2,692,777 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Banner Health Foundation Phoenix, AZ | $138,766,928 | $27,502,678 |
Saint Francis Health System Inc General/Professional Liability Los Tulsa, OK | $35,657,077 | $16,772,953 |
Sun Health Foundation Sun City West, AZ | $41,548,364 | $9,339,372 |
Wyoming Machinery Company Employee Medical Benefit Trust Casper, WY | $617,446 | $14,203,698 |
The Weld Trust Greeley, CO | $536,288,885 | $29,341,984 |
Nebraska Methodist Hospital Foundation Omaha, NE | $173,830,201 | $26,097,640 |
Landoll Corporation Employee Health Care Fund Marysville, KS | $14,816 | $11,572,149 |
Presbyterian Health Foundation Oklahoma City, OK | $0 | $8,670,353 |
Anchorum St Vincent Santa Fe, NM | $156,559,426 | $13,078,758 |
Banner Alzheimers Foundation Phoenix, AZ | $39,991,469 | $5,973,985 |
Bhhs Legacy Foundation Phoenix, AZ | $167,586,858 | $10,408,828 |
Integris Health Foundation Inc Oklahoma City, OK | $92,062,321 | $6,628,637 |