Valley-Wide Health Systems Inc
- Assets
- $60.8m
- Revenue
- $60.6m
- Investments
- $0.0
- Employees
- 604
- Location
- Alamosa, CO
- Founding
- 04/1977
- Data as of
- 06/2023
- EIN
- 84-0706945
Organization Overview
Valley-Wide Health Systems Inc is located in Alamosa, CO. The organization was established in 1977. According to its NTEE Classification (E80) the organization is classified as: Health (General & Financing), under the broad grouping of Health Care and related organizations. As of 06/2023, Valley-Wide Health Systems Inc employed 604 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Valley-Wide Health Systems Inc 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 06/2023, Valley-Wide Health Systems Inc generated $60.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $54.9m during the year ending 06/2023. While expenses have increased by 6.4% 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
VWHS IS COMMITTED TO PROVIDING HIGH- QUALITY, SAFE, EFFECTIVE AND INTEGRATED HEALTH CARE IN A RESPECTFUL MANNER FOR ALL WITH SPECIAL CONSIDERATION FOR MEDICALLY UNDERSERVED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VALLEY-WIDE HEALTH SYSTEMS, INC. IS A NON-PROFIT, COMMUNITY HEALTH CENTER, SERVING 17 COUNTIES IN SOUTHERN RURAL COLORADO SINCE 1976, WITH FULL JOINT COMMISSION ACCREDITATION SINCE 1997. SEE SCHEDULE O FOR CONTINUATION.
ON FEBRUARY 3, 2023, VALLEY-WIDE HEALTH SYSTEM ENTERED INTO A MEMORANDUM OF UNDERSTANDING (MOU) WITH SOUTHEAST MENTAL HEALTH SERVICES (SOUTHEAST). SOUTHEAST OPERATED AS A COMMUNITY MENTAL HEALTH CENTER AND IS AFFILIATED WITH SOUTHEAST BEHAVIORAL HEALTH GROUP, PARTNERSHIP FOR PROGRESS, FAMILY GUIDANCE INSTITUTE, AND SOUTHEAST WELLNESS WORKS, LLC (COLLECTIVELY, THE HEALTH GROUP). SOUTHEAST MENTAL HEALTH SERVICES AND SOUTHEAST BEHAVIORAL GROUP AND THEIR AFFILIATES PROVIDE BEHAVIORAL HEALTH AND OTHER SERVICES THROUGHOUT MULTIPLE RURAL COUNTIES IN SOUTHERN COLORADO.
(CONTINUED) TO BETTER SERVE ITS COMMUNITIES AND TO CAPITALIZE ON AVAILABLE SYNERGIES THE BOARDS OF DIRECTORS OF VALLEY-WIDE HEALTH SYSTEM AND THE HEALTH GROUP DEEMED IT TO BE IN THE BEST INTEREST OF ALL PARTIES FOR VALLEY-WIDE HEALTH SYSTEM TO ENTER INTO A TRANSACTION WITH SOUTHEAST AND ITS RESPECTIVE AFFILIATES. UNDER THE MOU, ON MARCH 6, 2023, VALLEY-WIDE HEALTH SYSTEM BECAME THE SOLE MEMBER OF SOUTHEAST AND THE HEALTH GROUP'S EMPLOYEES WERE TRANSFERRED TO VALLEY-WIDE HEALTH SYSTEM.
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 |
|---|---|---|---|
Jania Arnoldi Chief Executive Officer | Officer | 40 | $256,918 |
Jeffrey Perry Physician | 40 | $255,398 | |
Nancy Panter Physician | 40 | $260,700 | |
Emelin Martinez Chief Medical Officer | 40 | $231,598 | |
Tammy Gregg Physician | 40 | $215,120 | |
Bhavitha George Richard Physician | 40 | $218,420 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Clean As A Whistle Janitorial Janitorial Services | 6/29/23 | $497,577 |
Alamosa Dental Lab Dental Lab Services | 6/29/23 | $277,361 |
Icon Medical Network Holdings Locum Physicians | 6/29/23 | $194,565 |
Alcon Construction Construction | 6/29/23 | $127,190 |
A Murray Enterprises Equipment Repair | 6/29/23 | $155,031 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $16,363,389 |
| All other contributions, gifts, grants, and similar amounts not included above | $53,258 |
| Noncash contributions included in lines 1a–1f | $1,548,525 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,416,647 |
| Total Program Service Revenue | $43,828,514 |
| Investment income | $384,587 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$61,033 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $60,568,715 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $964,035 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $505,851 |
| Compensation of current officers, directors, key employees. | $448,797 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $30,367,335 |
| Pension plan accruals and contributions | $886,713 |
| Other employee benefits | $5,161,231 |
| Payroll taxes | $2,216,534 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $283,189 |
| Fees for services: Accounting | $360,992 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,165,505 |
| Advertising and promotion | $99,967 |
| Office expenses | $459,027 |
| Information technology | $16,465 |
| Royalties | $0 |
| Occupancy | $772,224 |
| Travel | $635,466 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $65,181 |
| Interest | $187,068 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,203,729 |
| Insurance | $0 |
| All other expenses | $427,320 |
| Total functional expenses | $54,850,420 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $32,488 |
| Savings and temporary cash investments | $26,160,901 |
| Pledges and grants receivable | $1,804,557 |
| Accounts receivable, net | $5,063,070 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $504,367 |
| Prepaid expenses and deferred charges | $1,362,748 |
| Net Land, buildings, and equipment | $24,862,243 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $982,561 |
| Total assets | $60,772,935 |
| Accounts payable and accrued expenses | $4,736,544 |
| Grants payable | $0 |
| Deferred revenue | $43,350 |
| 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 | $5,994,460 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,815,527 |
| Total liabilities | $12,589,881 |
| Net assets without donor restrictions | $48,183,054 |
| 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 | $60,772,935 |