Blanchard Valley Health System
78% goes to programs Thin reserves
Blanchard Valley Health System is a 501(c)(3) organization based in Findlay, Ohio, registered in 1951, with $65,627,128 in FY2024 revenue. CharityIndex grades it C, and it directs about 78% of spending to programs.
1900 S Main St, Findlay, OH, 45840 EIN 34-4428206 Since 1951
Revenue (FY2024)
$65.6M
▲ 0.6% vs prior year
Health median: $840K
Expenses (FY2024)
$139.2M
Net assets
$781K
Employees
481
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →C+Program efficiency40% of the rating78% to programs
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Blanchard Valley Health System: 78% to programs earns a C+ on this criterion. See the exact thresholds →
FFinancial health25% of the rating0 mo reserves · -112% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Blanchard Valley Health System: 0 mo reserves · -112% margin earns a F on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Blanchard Valley Health System: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Blanchard Valley Health System: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
We provide management oversight and governance of all health system activities. we also operate family practices, specialty practices, and ems ambulance services.
Contact & location
- Address
- 1900 S Main St, Findlay, OH, 45840
- City
- Findlay
- State
- Ohio
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $20.5M (FY2013) to $65.6M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $148.0MNet assets $781K
Operating margin
-112.1%
Spent more than it raised in the latest fiscal year.
Total assets
$148.8M
Total liabilities
$148.0M
Net assets
$781K
Salaries & benefits
$108.6M
78% of expenses
Board members
17
15 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $65,627,128▲0.6% | $139,210,708▲3.9% | $781,151▲25.4% | $148,817,151▲31.2% | 990 |
| 2023 | $65,264,871▼2.3% | $133,970,301▲0.8% | $623,151▲13.9% | $113,458,151▲7.6% | 990 |
| 2022 | $66,800,023▼8.5% | $132,958,878▼0.4% | $547,151▼73.6% | $105,479,151▼21.7% | 990 |
| 2021 | $72,984,044▲35.4% | $133,511,504▲13.5% | $2,070,501▼61.8% | $134,673,501▲8.6% | 990 |
| 2020 | $53,884,335▼0.9% | $117,638,924▲8.2% | $5,413,381▲858% | $123,955,381▲3.9% | 990 |
| 2019 | $54,347,662▲7.1% | $108,727,659▲10.8% | $565,067▲20.2% | $119,267,001▲2.7% | 990 |
| 2018 | $50,738,234▲12.9% | $98,098,502▲9.6% | $470,294▲101% | $116,113,518▼1.5% | 990 |
| 2017 | $44,924,969▲6.5% | $89,517,066▲2.2% | -$62,885,911▼204% | $117,881,948▲3.0% | 990 |
| 2016 | $42,177,987▲29.5% | $87,593,981▲128% | -$20,695,509▼236% | $114,427,650▲15.2% | 990 |
| 2015 | $32,576,512▲4.7% | $38,391,016▲16.3% | $15,251,882▼29.3% | $99,291,697▲11.7% | 990 |
| 2014 | $31,115,050▲51.9% | $33,021,263▲32.4% | $21,580,747▼16.7% | $88,909,940▲10.0% | 990 |
| 2013 | $20,489,716 | $24,945,099▲39.2% | $25,903,563▼4.8% | $80,822,187▲11.4% | 990 |
| 2012 | — | $17,919,627▲5.5% | $27,223,579▲8.6% | $72,566,126▲11.4% | 990 |
| 2011 | — | $16,980,099▲0.3% | $25,076,283▼7.9% | $65,117,312▼4.4% | 990 |
| 2010 | — | $16,933,225 | $27,217,669 | $68,135,856 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Thomas F Kindl — $1,463,489 (1.05% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Thomas F Kindl | Physician | 40 | $1,463,489 |
| Andrius Vytautas Giedraitis | Physician | 40 | $1,343,955 |
| Myron Lewis | Chief Executive Officer | 4 | $1,106,411 |
| James R Bailey | Physician | 40 | $979,773 |
| Evan R Mcbeath | Physician | 40 | $956,626 |
| Syed H Tasleem | Physician | 40 | $815,773 |
| Dave M Cytlak | Chief Financial Officer | 4 | $585,126 |
| Eric Proctor | Chief People Officer | 40 | $375,579 |
| Barbara J Pasztor | Vp Chief Nursing Officer | 4 | $340,151 |
| Dr Richard M Polder | Physician | 38 | $322,041 |
| Renee Smith | Chief Medical Officer | 4 | $131,828 |
| Adele Webb Phd | Trustee | 0.5 | — |
| Annette Edgington | Trustee | 0.5 | — |
| Beth Kroetz | Trustee | 0.5 | — |
| Dan Kennard | Trustee | 0.5 | — |
| Donald Malarky | Tustee | 0.5 | — |
| Frank Cosiano Md | Trustee | 0.5 | — |
| Ginger Jones | Chairman | 0.5 | — |
| James Dowling Md | Secretary | 0.5 | — |
| Jeff Schrader | Treasurer | 0.5 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Northwest Ohio Medicine Physicians LLC | Hospitalist | $4,485,280 |
| Technicore | Medical Equipment Services | $2,103,450 |
| Dell Marketing LP | It Services | $1,508,049 |
| Trinity Rehabiliation Services LLC | Ot/pt Services | $1,423,456 |
| Blanchard Valley Pathology | Pathology Services | $780,000 |
Grants received · $20K total
2 grants to Blanchard Valley Health System totaling $20K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Blackbaud Giving Fund | General support | 2024 | $10,000 |
| Charities Aid Foundation America | Charitable donation | 2020 | $9,852 |
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Frequently asked questions
- Is Blanchard Valley Health System a legitimate nonprofit?
- Yes. Blanchard Valley Health System is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 34-4428206, based in Findlay, Ohio. Donations are tax-deductible.
- What is Blanchard Valley Health System's EIN?
- Blanchard Valley Health System's Employer Identification Number (EIN) is 34-4428206.
- How much revenue does Blanchard Valley Health System report?
- Blanchard Valley Health System reported $65,627,128 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Blanchard Valley Health System's spending goes to programs?
- Blanchard Valley Health System spends about 78% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Blanchard Valley Health System have?
- CharityIndex grades Blanchard Valley Health System C, based on program efficiency and fundraising cost.
- How much does Blanchard Valley Health System's highest-paid employee make?
- The highest reported compensation on Blanchard Valley Health System's latest Form 990 is $1,463,489, paid to Thomas F Kindl (Physician).
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Data for Blanchard Valley Health System (EIN 34-4428206) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.