Mid-Valley Healthcare Inc
- Assets
- $114.0m
- Revenue
- $159.8m
- Investments
- $128.8k
- Employees
- 1,103
- Location
- Corvallis, OR
- Founding
- 07/1955
- Data as of
- 12/2021
- EIN
- 93-0396847
Organization Overview
Mid-Valley Healthcare Inc, operating under the name Samaritan Lebanon Community Hospital, is located in Corvallis, OR. The organization was established in 1955. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2021, Samaritan Lebanon Community Hospital employed 1,103 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Samaritan Lebanon Community Hospital 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, Samaritan Lebanon Community Hospital generated $159.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $140.9m during the year ending 12/2021. While expenses have increased by 4.5% 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.
Since 2015, Samaritan Lebanon Community Hospital has awarded 24 individual grants totaling $293,490. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE HEALTH AND WELL BEING OF THE COMMUNITY THROUGH ITS HOSPITAL AND HEALTHCARE CLINICS.
Describe the Organization's Program Activity:
PROGRAM SERVICES:MID-VALLEY HEALTHCARE, INC. (MVH) INCLUDES SAMARITAN LEBANON COMMUNITY HOSPITAL, A 25-BED CRITICAL ACCESS HOSPITAL, SEVERAL MEDICAL CLINICS AND A SENIOR CARE FACILITY. MVH HAS MORE THAN 775 EMPLOYEES AND 135 VOLUNTEERS SERVING THE MEDICAL NEEDS OF THE COMMUNITY. THE STAFF ARE COMMITTED TO PROVIDING PERSONALIZED, QUALITY CARE TO PATIENTS, AND TO PROMOTING THE GOOD HEALTH OF THE ENTIRE COMMUNITY. DURING 2021, MVH SERVED 1,561 INPATIENTS, HAD 21,039 EMERGENCY DEPARTMENT VISITS, PERFORMED 1,705 SURGERIES, AND DELIVERED 274 BABIES. IN ADDITION, MVH PERFORMED 60,959 IMAGING PROCEDURES AND HAD 111,308 PHYSICIAN CLINIC VISITS.
GRANTS:GRANTS (CASH AND IN-KIND) MADE BY MID-VALLEY HEALTHCARE TO VARIOUS ORGANIZATIONS TO REDUCE FOOD INSECURITY IN THE LOCAL COMMUNITY, AND TO SUPPORT MEDICAL, HOUSING, AND CHILD AND YOUTH SERVICES FOR LOW INCOME RESIDENTS OF THE LOCAL COMMUNITY. SEE PART IX, LINE 1 AND RELATED SCHEDULE I PART II FOR MORE DETAILS ON GRANTS TO ORGANIZATIONS LARGER THAN $5,000.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Sprague MD Physician | 40 | $447,219 | |
Dana Kosmala DO Physician | 40 | $416,625 | |
Sean Prendergast MD Physician | 40 | $406,948 | |
Tasha Barkley MD Physician | 40 | $396,699 | |
Kenneth Goodell DO Physician | 40 | $379,977 | |
Larry Buglino III DO Board Member / Physician | Trustee | 40 | $360,794 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $523,981 |
| Government grants | $4,703,100 |
| All other contributions, gifts, grants, and similar amounts not included above | $912 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,227,993 |
| Total Program Service Revenue | $149,981,729 |
| Investment income | $864,095 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $145,733 |
| Net Gain/Loss on Asset Sales | $2,879,826 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $33,181 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $159,788,013 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $68,082 |
| 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. | $1,454,754 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $60,076,941 |
| Pension plan accruals and contributions | $3,121,244 |
| Other employee benefits | $11,772,162 |
| Payroll taxes | $4,584,430 |
| Fees for services: Management | $135,660 |
| Fees for services: Legal | $60,594 |
| Fees for services: Accounting | $3,795 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,391,641 |
| Advertising and promotion | $20,582 |
| Office expenses | $3,118,464 |
| Information technology | $6,080,323 |
| Royalties | $0 |
| Occupancy | $2,204,085 |
| Travel | $38,655 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $147,646 |
| Interest | $767,008 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,366,033 |
| Insurance | $1,649,118 |
| All other expenses | $0 |
| Total functional expenses | $140,903,096 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $80,612 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $16,829,468 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $161,645 |
| Inventories for sale or use | $1,761,866 |
| Prepaid expenses and deferred charges | $214,545 |
| Net Land, buildings, and equipment | $22,234,864 |
| Investments—publicly traded securities | $14,524,213 |
| Investments—other securities | $128,803 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $58,090,586 |
| Total assets | $114,026,602 |
| Accounts payable and accrued expenses | $9,525,102 |
| Grants payable | $0 |
| Deferred revenue | $10,472,850 |
| 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 | $5,479,312 |
| Total liabilities | $25,477,264 |
| Net assets without donor restrictions | $88,549,338 |
| 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 | $114,026,602 |
Grants Awarded
Over the last fiscal year, Mid-Valley Healthcare Inc has awarded $25,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Albany, OR PURPOSE: FUNDING FOR A MEDICAL DIRECTOR POSITION | $10,000 |
Corvallis, OR PURPOSE: FUNDING FOR RESPITE SHELTER STAYS, AND MENTAL HEALTH SUPPORT | $7,500 |
Albany, OR PURPOSE: SUPPORT FOR THE MEALS ON WHEELS PROGRAM FOR LOCAL SENIOR CITIZENS | $7,500 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Mid-Valley Healthcare Inc has recieved totaling $544,595.
| Awarding Organization | Amount |
|---|---|
Lebanon Community Hospital Foundation Inc Lebanon, OR PURPOSE: CONSTRUCTION - SAMARITAN TREATMENT AND RECOVERY SERVICES BLDG | $265,459 |
Lebanon Community Hospital Foundation Inc Lebanon, OR PURPOSE: HOSPITAL EQUIPMENT | $100,760 |
Lebanon Community Hospital Foundation Inc Lebanon, OR PURPOSE: EMERGENCY ROOM REMODEL | $96,245 |
Lebanon Community Hospital Foundation Inc Lebanon, OR PURPOSE: HOSPITAL OPERATIONS SUPPORT | $61,131 |
Oregon Community Foundation Portland, OR PURPOSE: Physical Health | $21,000 |
Endowment Analysis
| Beg. Balance | $4,147,880 |
| Earnings | $474,953 |
| Grants | $11,371 |
| Ending Balance | $4,611,462 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Asante Medford, OR | $2,030,793,202 | $1,067,000,527 |
Grossmont Hospital Corporation San Diego, CA | $1,425,066,151 | $963,761,157 |
Renown Regional Medical Center Reno, NV | $920,238,119 | $918,236,960 |
Eisenhower Medical Center Rancho Mirage, CA | $1,388,654,538 | $887,259,076 |
Santa Barbara Cottage Hospital Santa Barbara, CA | $1,990,776,088 | $820,638,690 |
Kadlec Regional Medical Center Renton, WA | $935,169,169 | $828,794,927 |
St Jude Hospital Renton, WA | $1,232,178,178 | $791,383,557 |
Pasadena Hospital Association Ltd Pasadena, CA | $1,315,158,731 | $740,897,251 |
Enloe Medical Center Chico, CA | $774,318,013 | $814,037,880 |
Torrance Memorial Medical Center Torrance, CA | $1,308,904,790 | $749,888,639 |
Saint Alphonsus Regional Medical Center Inc Boise, ID | $925,610,000 | $796,092,917 |
Pomona Valley Hospital Medical Center Pomona, CA | $766,840,577 | $699,695,626 |