Central Valley Medical Center
85% goes to programs $335 to raise $100 Strong reserves Growing revenue
Central Valley Medical Center is a 501(c)(3) organization based in Nephi, Utah, registered in 1985, with $73,923,153 in FY2023 revenue. CharityIndex grades it A, and it directs about 85% of spending to programs.
Po Box 412, Nephi, UT, 84648 EIN 87-0419324 Since 1985
Revenue (FY2023)
$73.9M
▲ 19.9% vs prior year
Health median: $840K
Expenses (FY2023)
$65.1M
Net assets
$87.7M
Employees
459
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating85% to programs · $335 to raise $100
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 Central Valley Medical Center: 85% to programs · $335 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating16 mo reserves · +12% 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 Central Valley Medical Center: 16 mo reserves · +12% margin earns a A 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 Central Valley Medical Center: 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 Central Valley Medical Center: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Hospital services.
Contact & location
- Address
- Po Box 412, Nephi, UT, 84648
- City
- Nephi
- State
- Utah
- Category
- Health Care
- Subcategory
- Clinics & Primary Care
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $31.0M (FY2013) to $73.9M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $26.3MNet assets $87.7M
Operating margin
12.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$114.0M
Total liabilities
$26.3M
Net assets
$87.7M
Salaries & benefits
$25.8M
40% of expenses
Board members
7
6 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $73,923,153▲19.9% | $65,060,619▲11.3% | $87,740,556▲11.2% | $113,999,388▲8.8% | 990 |
| 2022 | $61,652,468▲4.2% | $58,475,749▲11.0% | $78,909,765▲3.8% | $104,778,987▼1.2% | 990 |
| 2021 | $59,146,776▲16.1% | $52,664,180▲14.2% | $75,987,847▲5.8% | $106,076,833▼5.2% | 990 |
| 2020 | $50,958,104▲19.7% | $46,128,708▲7.0% | $71,830,332▲7.3% | $111,937,564▲5.0% | 990 |
| 2019 | $42,578,916▼0.2% | $43,109,598▲1.2% | $66,915,393▲0.8% | $106,589,927▲14.3% | 990 |
| 2018 | $42,674,417▲4.7% | $42,595,170▲3.9% | $66,404,321▲1.1% | $93,233,666▲14.8% | 990 |
| 2017 | $40,747,537▼36.7% | $40,994,740▲8.3% | $65,709,602▲0.9% | $81,238,542▼1.3% | 990 |
| 2016 | $64,336,208▲53.0% | $37,861,722▲2.8% | $65,135,236▲67.5% | $82,339,097▲42.2% | 990 |
| 2015 | $42,062,265▲5.9% | $36,830,266▲8.2% | $38,891,930▲5.1% | $57,884,852▲1.5% | 990 |
| 2014 | $39,712,484▲28.3% | $34,049,582▲18.4% | $36,990,936▲13.1% | $57,052,964▲17.3% | 990 |
| 2013 | $30,964,899 | $28,768,662▼2.8% | $32,707,241▲10.7% | $48,622,047▲10.9% | 990 |
| 2012 | — | $29,588,699▲6.5% | $29,557,440▲15.1% | $43,862,826▲5.7% | 990 |
| 2011 | — | $27,770,060▲3.4% | $25,684,513▲10.5% | $41,490,060▲4.5% | 990 |
| 2010 | — | $26,846,028▲12.0% | $23,235,450▲11.1% | $39,697,400▲11.4% | 990 |
| 2009 | — | $23,975,048 | $20,916,696 | $35,650,094 | 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 (FY2023)
Highest-paid: Brandon Beck — $307,014 (0.47% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Brandon Beck | Physician | 40 | $307,014 |
| Jason Standring | Physician | 40 | $284,390 |
| Jason Neilsen | Physician | 40 | $276,033 |
| Kecia White | Retail Pharmacy Manager | 40 | $207,953 |
| Todd Sorensen | Physician | 40 | $205,696 |
| Alan Kenison | Board Member | 1 | $1,350 |
| Timothy Blackham | Board Member | 1 | $1,350 |
| Leanna Lundell | Board Member | 1 | $1,200 |
| Sue Ann Whitlock | Board Member | 1 | $1,200 |
| Gayle Ludlow | Board Member | 1 | $1,050 |
| Mark Chase | Chairman | 1 | $900 |
| Brent Davis | Cfo/treasurer | 40 | — |
| Mark Stoddard | President & Ceo | 40 | — |
| Randy Cuff | Coo/vice President | 40 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Rural Health Management Corporation | Physician Services | $5,942,474 |
| Rural Health Group Inc | Management Services | $2,541,460 |
| Sw Rehab Inc | Physical, Occupational & Speech Therapy | $2,171,638 |
| Salt Creek Anesthesia | Anesthesia Services | $187,750 |
Grants made · $82K in FY2023
4 grants totaling $82K in FY2023. All grants made by Central Valley Medical Center →
| Recipient | Purpose | Amount |
|---|---|---|
| Brigham Young University | Scholarships for athletic program | $40,000 |
| Snow College Foundation | Scholarships | $25,000 |
| Juab High School | Scholarships | $11,238 |
| Juab Junior Livestock | Assistance for youth livestock program | $5,600 |
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Compare Central Valley Medical Center
Frequently asked questions
- Is Central Valley Medical Center a legitimate nonprofit?
- Yes. Central Valley Medical Center is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 87-0419324, based in Nephi, Utah. Donations are tax-deductible.
- What is Central Valley Medical Center's EIN?
- Central Valley Medical Center's Employer Identification Number (EIN) is 87-0419324.
- How much revenue does Central Valley Medical Center report?
- Central Valley Medical Center reported $73,923,153 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Central Valley Medical Center's spending goes to programs?
- Central Valley Medical Center spends about 85% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Central Valley Medical Center have?
- CharityIndex grades Central Valley Medical Center A, based on program efficiency and fundraising cost.
- How much does Central Valley Medical Center's highest-paid employee make?
- The highest reported compensation on Central Valley Medical Center's latest Form 990 is $307,014, paid to Brandon Beck (Physician).
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Data for Central Valley Medical Center (EIN 87-0419324) 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.