Overview
What is Minnesota Valley Health Center Inc?
Minnesota Valley Health Center Inc, also known as Ridgeview Le Sueur Medical Center, is a nonprofit organization based in Le Sueur, Minnesota. It is established exclusively for charitable purposes and focuses on providing comprehensive healthcare, education, care for the aged, and social services. The organization operates a hospital, outpatient specialty clinics, complete lab and radiology departments, a physical occupationals and speech therapy department, extended care nursing facilities, and independent living senior housing. The mission of Minnesota Valley Health Center Inc is to enhance the lifelong health of the people it serves by nurturing the whole person - mind, body, and spirit. The organization employs a team of 157 individuals.
Official website here: www.ridgeviewmedical.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 89% (Three-Star out of Four Stars)
Minnesota Valley Health Center Inc has received a solid Three-Star rating from Charity Navigator, reflecting its strong performance in the Accountability & Finance category. The organization scored an impressive 89% in this area, indicating a commitment to transparency and sound financial management. Notably, the board is comprised of a majority of independent members, which enhances its governance and oversight capabilities.
The organization demonstrates robust practices, such as having a conflict of interest policy and a whistleblower policy in place, both of which contribute to its accountability. Furthermore, Minnesota Valley Health Center shows a good balance between its liabilities and assets, maintaining a ratio of 47.30%, suggesting it is managing its debts effectively. Its financial statements reflect thorough auditing and oversight, with no reported diversions of assets.
However, the organization's program expense ratio is slightly lower at 64.16%, which may indicate that a portion of its expenses is directed towards administrative costs rather than direct program services. While this is not uncommon among nonprofits, it is something potential supporters might consider when evaluating the impact of their contributions. Overall, Minnesota Valley Health Center Inc appears to be a well-managed nonprofit with strong governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is Minnesota Valley Health Center Inc legitimate?
Minnesota Valley Health Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Minnesota Valley Health Center Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $7,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,436,473
For more financial information, click here
Official website here: www.ridgeviewmedical.org
What is the mission statement of Minnesota Valley Health Center Inc?
Minnesota Valley Health Center Inc is dedicated to enhancing the lifelong health of the people it serves, addressing their needs holistically: mind, body, and spirit. The organization operates for charitable purposes, managing facilities for healthcare, education, care for the aged, and social services. Its offerings encompass a hospital, outpatient specialty clinics, comprehensive lab and radiology departments, and a physical occupation and speech therapy department. Furthermore, it provides extended care nursing facilities and independent living senior housing. The mission of Minnesota Valley Health Center Inc is to foster the overall wellbeing of individuals by offering a range of services that cater to their physical, emotional, and social needs.
Official website here: www.ridgeviewmedical.org
Who is the CEO of Minnesota Valley Health Center Inc?
Michael Phelps is the President/Ceo of Minnesota Valley Health Center Inc. The CEO's salary of Minnesota Valley Health Center Inc is $0 and their total compensation is $1,338,223.
Official website here: www.ridgeviewmedical.org
What is the revenue of Minnesota Valley Health Center Inc?
Minnesota Valley Health Center Inc's revenue in 2022 was $15,307,099.
Official website here: www.ridgeviewmedical.org
Who are the executives of Minnesota Valley Health Center Inc and what are their salaries?
The average compensation at Minnesota Valley Health Center Inc during 2022 was $34,677. There are 157 employees and 6 volunteers at Minnesota Valley Health Center Inc.
Here are 10 key members and their salaries (Minnesota Valley Health Center Inc's CEO's salary is $0 and their total compensation is $1,338,223):
- Compensation: $0
- Related: $1,274,183
- Other: $64,040
- Compensation: $0
- Related: $794,145
- Other: $89,439
- Compensation: $0
- Related: $490,798
- Other: $61,669
- Compensation: $0
- Related: $363,774
- Other: $18,024
- Compensation: $1,200
- Related: $6,200
- Other: $0
- Compensation: $1,800
- Related: $0
- Other: $0
- Compensation: $1,200
- Related: $0
- Other: $0
- Compensation: $1,200
- Related: $0
- Other: $0
- Compensation: $1,200
- Related: $0
- Other: $0
- Compensation: $1,200
- Related: $0
- Other: $0
Official website here: www.ridgeviewmedical.org
Where can I find the form 990 for Minnesota Valley Health Center Inc?
Minnesota Valley Health Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ridgeviewmedical.org
Learn more at the official website: www.ridgeviewmedical.org
Mission Statement of Minnesota Valley Health Center Inc
Minnesota Valley Health Center Inc, a nonprofit organization, is committed to enhancing the lifelong health of the people it serves by nurturing their whole being - mind, body, and spirit. Established for charitable purposes, this health center operates various facilities for healthcare, education, care for the aged, and social services.
At the heart of Minnesota Valley Health Center Inc's mission is a comprehensive medical center. The center offers a hospital, outpatient specialty clinics, state-of-the-art lab and radiology departments, and extensive physical, occupational, and speech therapy departments. The center's services cater not only to patients' physical needs but also prioritize their emotional wellbeing.
Moreover, Minnesota Valley Health Center Inc provides extended care nursing facilities, ensuring that individuals requiring additional assistance receive the care they need. Additionally, the organization offers independent living senior housing, enabling seniors to maintain their independence with support and care when needed.
In summary, Minnesota Valley Health Center Inc is a beacon of hope for those seeking improved health and wellbeing. It goes beyond merely treating illnesses, focusing instead on the long-term enhancement of both physical and emotional health. The organization's culturally-sensitive approach fosters an environment that nurtures the whole person, creating a lasting impact on the lives of those it serves.
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Impact
October, 2024
Minnesota Valley Health Center Inc plays a vital role in enhancing the lifelong health of the community it serves. With a commitment to nurturing the whole person—mind, body, and spirit—this facility offers a comprehensive range of health care services designed to meet diverse needs.
Located in Le Sueur, Minnesota, it encompasses a hospital, outpatient specialty clinics, and well-equipped laboratories that provide extensive diagnostic services. The center also features a range of therapeutic departments, including physical, occupational, and speech therapy, ensuring patients receive vital rehabilitative care tailored to their recovery needs.
In addition to acute care, Minnesota Valley Health Center is dedicated to supporting the elderly through comprehensive care facilities and independent living options, fostering a sense of community and well-being among senior residents. Its holistic approach not only focuses on treating illness but also emphasizes health education and social services, making a significant impact on the quality of life for individuals and families in the region.
This information is meant to be a general summary of Minnesota Valley Health Center Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $9,551
- Program Service Revenue: $14,146,423
- Gross Receipts: $15,307,099
Assets and Liabilities:
- Total Assets: $20,693,444
- Total Liabilities: $9,788,391
- Net Assets: $10,905,053
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT/RESIDENT REV.
Revenue
$13,836,235
APARTMENT PROJECT REV.
Revenue
$290,091
PHARMACY
Revenue
$20,097
Organization Details
Founding Year
1959
Phone
(507) 665-3375Principal Officer
Michael Phelps
Main Address
621 SOUTH 4TH STREET, LE SUEUR, MN, 56058
Website
www.ridgeviewmedical.orgNTEE Category
Code: E22 - Health
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