Platte Valley Healthcare Project
- Assets
- $4.2m
- Revenue
- $864.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Saratoga, WY
- Founding
- 01/2020
- Data as of
- 06/2021
- EIN
- 84-2280561
Organization Overview
Platte Valley Healthcare Project is located in Saratoga, WY. The organization was established in 2020. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, 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. Platte Valley Healthcare Project 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 06/2021, Platte Valley Healthcare Project generated $864.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (42.6%) each year. All expenses for the organization totaled $390.3k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (36.0%) per year over the past 3 years. 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
TO ENSURE THE SUSTAINABILITY AND VIABILITY OF OUR LOCAL HEALTHCARE SYSTEM IN THE UPPER NORTH PLATTE RIVER VALLEY WITH ENCOMPASSES THE WYOMING COUMMUNITIES OF ENCAMPMENT, RIVERSIDE, RYAN PARK, AND SARATOGA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FACILITATE FUNDRAISING EFFORTS TO PLAN AND BUILD A RURAL CRITICAL ACCESS HOSPITAL THAT WILL MORE SUSTAINABLY SERVE THE NEEDS OF OUR COMMUNITY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
George R Haigh Secretary | OfficerTrustee | 2 | $0 |
Irene Archibald Treasurer | OfficerTrustee | 2 | $0 |
Will F Faust Chairman | OfficerTrustee | 2 | $0 |
Sonja J Collamer Vice Chairman | OfficerTrustee | 1 | $0 |
Adam D Clarke Director | Trustee | 1 | $0 |
Leslie D Mclinsky Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $861,945 |
| Investment income | $2,837 |
| 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 | $864,782 |
| Statement of Expenses | |
|---|---|
| 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. | $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 | $21,655 |
| Fees for services: Accounting | $30,755 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $59,676 |
| Advertising and promotion | $16,709 |
| Office expenses | $100 |
| Information technology | $570 |
| Royalties | $0 |
| Occupancy | $946 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $287 |
| Interest | $1,559 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,790 |
| Insurance | $4,537 |
| All other expenses | $0 |
| Total functional expenses | $390,268 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,957,812 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $563,998 |
| 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 |
| Investments—publicly traded securities | $103,165 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1 |
| Total assets | $4,212,131 |
| Accounts payable and accrued expenses | $471,460 |
| 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 | $173,839 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $125,570 |
| Total liabilities | $770,869 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $3,441,262 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Platte Valley Healthcare Project has recieved totaling $901,000.
| Awarding Organization | Amount |
|---|---|
Leona M & Harry B Helmsley Charitable Trust New York, NY PURPOSE: CT SCANNER AT NORTH PLATTE VALLEY MEDICAL CENTER | $500,000 |
Gretchen Swanson Family Foundation Inc Omaha, NE PURPOSE: GENERAL | $300,000 |
Gates Family Foundation Denver, CO PURPOSE: PROJECT SUPPORT | $100,000 |
Platte Valley Legacy Foundation Inc Saratoga, WY PURPOSE: CHARITABLE GENERAL FUNDING | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Avera St Marys Pierre, SD | $117,040,382 | $106,933,224 |
Uintah Basin Medical Center Roosevelt, UT | $123,876,812 | $104,820,070 |
Gritman Medical Center Inc Moscow, ID | $94,936,436 | $96,129,418 |
Sidney Health Center Sidney, MT | $99,470,484 | $97,816,838 |
Benefis Medical Group Inc Great Falls, MT | $555,597,152 | $85,663,728 |
Beatrice Community Hospital & Health Center Inc Beatrice, NE | $102,767,700 | $87,662,561 |
Marcus Daly Memorial Hospital Corporation Hamilton, MT | $106,424,756 | $92,436,886 |
Community Hospital Of Anaconda Anaconda, MT | $91,429,573 | $96,787,311 |
St Luke Medical Center Wood River Ltd Boise, ID | $124,219,389 | $95,869,183 |
North Valley Hospital Inc Whitefish, MT | $122,879,839 | $89,258,856 |
Northern Montana Hospital Havre, MT | $100,637,284 | $81,486,127 |
Livingston Healthcare Livingston, MT | $90,264,553 | $69,187,538 |