The Valley Hospital Association Inc
84% goes to programs $0 to raise $100 Strong reserves
The Valley Hospital Association Inc is a 501(c)(3) organization based in Wasilla, Alaska, registered in 1948, with $57,147,246 in FY2024 revenue. CharityIndex grades it A, and it directs about 84% of spending to programs.
777 N Crusey St Ste A201, Wasilla, AK, 99654 EIN 92-0019395 Since 1948
Revenue (FY2024)
$57.1M
▼ 4.2% vs prior year
Health median: $840K
Expenses (FY2024)
$36.5M
Net assets
$427.5M
Employees
46
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 rating84% to programs · $0 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 The Valley Hospital Association Inc: 84% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
B+Financial health25% of the rating141 mo reserves · +36% 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 The Valley Hospital Association Inc: 141 mo reserves · +36% margin earns a B+ 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 The Valley Hospital Association Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 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 The Valley Hospital Association Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
The primary exempt purpose is the provision of medical services to area residents through a partnership with the mat-su valley medical center and grants to community organizations.
What they do
Investment in mat-su valley medical center, llc, joint venture.
Contact & location
- Address
- 777 N Crusey St Ste A201, Wasilla, AK, 99654
- City
- Wasilla
- State
- Alaska
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $16.1M (FY2014) to $57.1M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $7.6MNet assets $427.5M
Operating margin
36.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$435.1M
Total liabilities
$7.6M
Net assets
$427.5M
Salaries & benefits
$5.2M
14% of expenses
Board members
13
13 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $57,147,246▼4.2% | $36,452,733▲36.7% | $427,516,084▲9.8% | $435,122,042▲9.2% | 990 |
| 2023 | $59,626,200▼18.2% | $26,660,762▲6.1% | $389,279,321▲16.9% | $398,343,020▲16.6% | 990 |
| 2022 | $72,860,061▲20.5% | $25,131,404▲12.2% | $333,067,327▲5.0% | $341,754,733▲3.5% | 990 |
| 2021 | $60,449,303▲39.8% | $22,399,587▼0.9% | $317,241,612▲19.6% | $330,090,362▲19.5% | 990 |
| 2020 | $43,247,666▲28.1% | $22,602,555▲26.3% | $265,263,213▲13.4% | $276,307,816▲8.6% | 990 |
| 2019 | $33,758,869▼3.5% | $17,893,985▲34.9% | $233,830,044▲16.5% | $254,462,013▲11.5% | 990 |
| 2018 | $34,998,694▼9.1% | $13,265,356▲25.5% | $200,675,881▲3.1% | $228,151,998▲2.4% | 990 |
| 2017 | $38,518,859▲12.4% | $10,572,571▲41.9% | $194,606,402▲16.8% | $222,817,095▲10.6% | 990 |
| 2016 | $34,257,316▲139% | $7,448,701▼2.8% | $166,660,114▲19.2% | $201,539,049▲10.4% | 990 |
| 2015 | $14,324,801▼11.2% | $7,666,481▼2.6% | $139,851,499▲4.5% | $182,517,815▲32.2% | 990 |
| 2014 | $16,128,699 | $7,868,825 | $133,876,252 | $138,069,829 | 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: Elizabeth Ripley — $317,933 (0.87% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Elizabeth Ripley | Chief Executive Officer | 40 | $317,933 |
| William Bill Finley | Chief Financial Officer | 40 | $220,114 |
| Esther Pitts | Chief Community Impact Officer | 40 | $178,257 |
| Kesha Clinkscale | Chief Opperating Officer | 40 | $177,932 |
| James Beck | Senior Program Officer | 40 | $162,145 |
| Vandana Ingle | Senior Program Officer | 40 | $135,334 |
| Ray Michaelson | Program Officer | 40 | $132,701 |
| Evie Shields | Controller | 40 | $126,051 |
| Eizabeth Larson | Program Director | 40 | $125,138 |
| David Eller | Director | 10 | — |
| Dr Barb Doty | Director | 10 | — |
| Greg Jones | Director | 10 | — |
| Hilary Stark | Director | 10 | — |
| Keith Kehoe | Director | 10 | — |
| Lebron Mcphail | Chair | 10 | — |
| Lisa Smayda | Director (thru 10/24) | 10 | — |
| Lisa Wade | Vice Chairperson | 10 | — |
| Marisa Chud | Director | 10 | — |
| Raelynn Danielowski | Director | 10 | — |
| Sammye Pokryfki | Director | 10 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Pyramid Communications Inc | Website and Brand Consulting | $317,023 |
| Foraker Group | Consulting Services | $223,883 |
| Birsel Seck LLC | Contracted Facilitation and Consulting | $198,972 |
| Contrasting Qualities LLC | Contracted Bh Services | $176,873 |
| Moss Adams | Audit and Tax Services | $158,381 |
Grants received · $15.3M total
8 grants to The Valley Hospital Association Inc totaling $15.3M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Valley Hospital Association Inc | General support | 2023 | $49,700 |
| The Valley Hospital Association Inc | General support | 2023 | $49,700 |
| National Philanthropic Tr | Health | 2022 | $15,000,000 |
| The Valley Hospital Association Inc | Program support/connect mat-su | 2021 | $55,690 |
| The Valley Hospital Association Inc | Program support/connect mat-su | 2021 | $55,690 |
| Alaska Community Foundation | Operational support | 2020 | $76,700 |
| Providence Health & Services Washington | Operational support | 2019 | $10,000 |
| Providence Health & Services Washington | Operational support | 2019 | $10,000 |
Grants made · $21.5M in FY2024
127 grants totaling $21.5M in FY2024 — showing the 15 largest. All grants made by The Valley Hospital Association Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Daybreak Inc | Navigation center project support | $1,800,709 |
| Links Mat-su Parent Resource Center Inc | Funding for operations, staff, and training | $1,593,780 |
| Sunshine Community Health Center Inc | Support for behavioral health in schools and general support | $1,370,057 |
| Valley Residential Services | Support for affordable housing and community health projects | $1,295,500 |
| Ccs Early Learning | Support for early learning and childcare projects | $1,236,140 |
| Mat-su Trails & Parks Foundation | Support for park, playground, and trail expansions and upgrades | $1,043,102 |
| Hatcher Alpine Xperience | Snowmaking infrastructure project | $1,002,000 |
| Set Free Alaska | Therapeutic campus expansion capital project | $914,722 |
| Recover Alaska | Operating support | $600,000 |
| Pacific Northwest University of Health Sciences | Student stipends for clinical rotations at pacific northwest university | $552,228 |
| Sunshine Station Child Care Center | New daycare building and grant-writing support | $534,125 |
| University of Alaska Foundation | Support for nursing assistants, radiology techs, and sonographers | $504,930 |
| True North Recovery Inc | Funds to update day 1 center fire code and mobile crisis team support | $451,111 |
| Mat-su Health Services Inc | Ceo succession project supporting leadership transition and development | $400,000 |
| Alaska Community Foundation | Housing alaskans public-private partnership, general support | $374,052 |
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Compare The Valley Hospital Association Inc
Frequently asked questions
- Is The Valley Hospital Association Inc a legitimate nonprofit?
- Yes. The Valley Hospital Association Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 92-0019395, based in Wasilla, Alaska. Donations are tax-deductible.
- What is The Valley Hospital Association Inc's EIN?
- The Valley Hospital Association Inc's Employer Identification Number (EIN) is 92-0019395.
- How much revenue does The Valley Hospital Association Inc report?
- The Valley Hospital Association Inc reported $57,147,246 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of The Valley Hospital Association Inc's spending goes to programs?
- The Valley Hospital Association Inc spends about 84% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does The Valley Hospital Association Inc have?
- CharityIndex grades The Valley Hospital Association Inc A, based on program efficiency and fundraising cost.
- How much does The Valley Hospital Association Inc's highest-paid employee make?
- The highest reported compensation on The Valley Hospital Association Inc's latest Form 990 is $317,933, paid to Elizabeth Ripley (Chief Executive Officer).
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Data for The Valley Hospital Association Inc (EIN 92-0019395) 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.