Upper Valley Medical Center
96% goes to programs $0 to raise $100 Strong reserves
Upper Valley Medical Center is a 501(c)(3) organization based in Dayton, Ohio, registered in 1938, with $179,955,208 in FY2024 revenue. CharityIndex grades it A, and it directs about 96% of spending to programs.
110 N Main St Ste 500, Dayton, OH, 45402 EIN 31-0537095 Since 1938
Revenue (FY2024)
$180.0M
▲ 10.1% vs prior year
Health median: $840K
Expenses (FY2024)
$154.5M
Net assets
$295.4M
Employees
1,379
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
A+Program efficiency40% of the rating96% 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 Upper Valley Medical Center: 96% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating23 mo reserves · +14% 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 Upper Valley Medical Center: 23 mo reserves · +14% margin earns a A on this criterion. See the exact thresholds →
AGovernance25% of the rating5 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 Upper Valley Medical Center: 5 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 Upper Valley Medical Center: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
See part iii, line 1
Contact & location
- Address
- 110 N Main St Ste 500, Dayton, OH, 45402
- City
- Dayton
- State
- Ohio
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $135.3M (FY2013) to $180.0M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $110.1MNet assets $295.4M
Operating margin
14.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$405.5M
Total liabilities
$110.1M
Net assets
$295.4M
Salaries & benefits
$72.9M
47% of expenses
Board members
9
1 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $179,955,208▲10.1% | $154,511,276▲11.1% | $295,363,395▲286% | $405,463,495▲107% | 990 |
| 2023 | $163,500,910▼0.7% | $139,022,260▲1.5% | $76,481,636▲7.0% | $195,749,465▲6.7% | 990 |
| 2022 | $164,650,246▼1.8% | $136,929,479▲1.8% | $71,475,992▼21.6% | $183,380,421▼7.9% | 990 |
| 2021 | $167,707,337▲10.7% | $134,447,369▲1.7% | $91,218,202▲7.8% | $199,084,455▲8.0% | 990 |
| 2020 | $151,537,462▼8.0% | $132,203,399▲2.4% | $84,651,567▲2.1% | $184,385,472▲4.4% | 990 |
| 2019 | $164,688,662▲8.2% | $129,075,204▼12.1% | $82,898,326▼7.3% | $176,594,804▼2.7% | 990 |
| 2018 | $152,272,718▲5.3% | $146,799,164▲6.5% | $89,381,979▲15.2% | $181,418,752▲5.7% | 990 |
| 2017 | $144,562,909▼4.8% | $137,873,227▼4.7% | $77,581,319▼5.5% | $171,626,840▼8.4% | 990 |
| 2016 | $151,898,205▲3.5% | $144,688,833▲5.8% | $82,120,728▼3.3% | $187,350,287▲2.8% | 990 |
| 2015 | $146,789,901▲7.6% | $136,767,063▲5.6% | $84,902,635▲5.2% | $182,294,753▼0.3% | 990 |
| 2014 | $136,397,929▲0.8% | $129,498,792▲1.3% | $80,675,149▲25.2% | $182,859,293▲16.0% | 990 |
| 2013 | $135,260,682 | $127,889,840▼8.8% | $64,459,753▲88.5% | $157,678,217▲7.7% | 990 |
| 2012 | — | $140,212,705▼3.5% | $34,195,643▼8.0% | $146,435,432▼5.2% | 990 |
| 2011 | — | $145,356,812▲6.8% | $37,150,686▼30.8% | $154,457,885▼3.9% | 990 |
| 2010 | — | $136,083,034 | $53,704,283 | $160,660,248 | 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: Lakmali C Ranathunga — $549,113 (0.36% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Lakmali C Ranathunga | Trustee & Cmo | 40 | $549,113 |
| Trisha L Wackler | Trusteee & Cno | 40 | $430,205 |
| Teresa A Gulker | Dir Nrs-wms Srvc-beh Hlth-uvmc | 40 | $212,930 |
| Duanna R Osting | Pres/exec Dir-uvmc Foundation | 10 | $211,930 |
| Denise R Herkins | Dir-nursing-surgery/tele-uvmc | 40 | $208,073 |
| Ryan E Mceldowney | Clinical Staff Pharmacist I | 40 | $198,038 |
| Miki L Gillespie | Resp Therp III - Reg | 40 | $193,143 |
| Dianne Ruhenkamp | Board Treasurer | 39 | $178,175 |
| Amanda K Adkins-ricci | System Vp Revenue Cycle | 10 | — |
| April Anderson Md | Trustee | 0.5 | — |
| Billie L Lucente-baker | Former Key Employee | 0 | — |
| Cara W Powers | Chief Legal Officer | 9 | — |
| Ebba Rajab Md | Board Chair | 0.5 | — |
| Elaine Lainie M Dean | Former Key Employee | 0 | — |
| Elizabeth D Wilfong | Board Secretary | 0.5 | — |
| Fayez D Abboud Md | Former Trustee & Officer | 0 | — |
| Gary G Ginter | Former Key Employee | 0 | — |
| Geoffrey P Walker | Former Key Employee | 0 | — |
| Jigar Patel Md | Trustee | 0.5 | — |
| J Michael Sims | Sys Vp & Corporate Controller | 9 | — |
Top vendors & contractors (FY2020)
| Contractor | Services | Paid |
|---|---|---|
| Wenco Construction Co LLC | Construction | $4,203,067 |
| Commonspirt Health | Clinical Engineering | $1,829,331 |
| Pulmonary & Critical Care | Medical Services | $1,237,469 |
| Healogics Wound Care & Hyperbaric Svc | Medical Services | $834,125 |
| Hicuity Health Inc | Medical Services | $660,492 |
Grants received · $5,160 total
1 grant to Upper Valley Medical Center totaling $5,160, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Matthew 25 Ministries Inc | Humanitarian aid | 2020 | $5,160 |
Grants made · $7.8M in FY2024
30 grants totaling $7.8M in FY2024 — showing the 15 largest. All grants made by Upper Valley Medical Center →
| Recipient | Purpose | Amount |
|---|---|---|
| Edison Community College | Support | $3,000,090 |
| Piqua Chamber of Commerce | Support | $2,000,150 |
| Troy Christian Athletic Boosters | Support | $500,000 |
| Troy Foundation | Support | $500,000 |
| The Village of Covington | Support | $326,250 |
| City of Tipp City | Support | $222,213 |
| Samaritan Behavioral Health Inc | Support | $171,250 |
| Miami County Dental Clinic | Support | $166,700 |
| Health Partners Free Clinic | Support | $150,135 |
| Troy-miami County Public Library | Support | $128,500 |
| Lincoln Community Center Assn Inc | Support | $115,685 |
| Tcn Behavioral Health Services Inc | Support | $92,000 |
| Miami County Health District | Support | $89,349 |
| Arbogast Performing Arts Center | Support | $87,545 |
| Miami Valley Hospital | Support | $67,953 |
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Frequently asked questions
- Is Upper Valley Medical Center a legitimate nonprofit?
- Yes. Upper Valley Medical Center is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 31-0537095, based in Dayton, Ohio. Donations are tax-deductible.
- What is Upper Valley Medical Center's EIN?
- Upper Valley Medical Center's Employer Identification Number (EIN) is 31-0537095.
- How much revenue does Upper Valley Medical Center report?
- Upper Valley Medical Center reported $179,955,208 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Upper Valley Medical Center's spending goes to programs?
- Upper Valley Medical Center spends about 96% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Upper Valley Medical Center have?
- CharityIndex grades Upper Valley Medical Center A, based on program efficiency and fundraising cost.
- How much does Upper Valley Medical Center's highest-paid employee make?
- The highest reported compensation on Upper Valley Medical Center's latest Form 990 is $549,113, paid to Lakmali C Ranathunga (Trustee & Cmo).
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Data for Upper Valley Medical Center (EIN 31-0537095) 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.