Overview
What is Lutheran Hospital Assoc Of The San Luis Valley?
The Lutheran Hospital Assoc of the San Luis Valley, operating as San Luis Valley Health, is a leading rural healthcare system in Colorado. With a history spanning over 83 years, it began as an independent, not-for-profit hospital and expanded through a merger, combining San Luis Valley Regional Medical Center and Conejos County Hospital in 2013. The organization, serving the six counties of the San Luis Valley with a population of nearly 50,000 and an area larger than New Jersey, is the largest employer in the region, employing over 650 individuals. Despite a challenging payer mix with high Medicaid, uninsured, and low commercial percentages, San Luis Valley Health has grown significantly over the past decade, increasing its gross revenue from $20M to over $200M and expanding patient services. These services include oncology, inpatient rehabilitation, sleep disorders, women's imaging center, fixed-wing medical transportation, genetic counseling, behavioral health, cardiology, chiropractic, oncology/infusion therapy, urology, and more. The organization is committed to providing exceptional patient-centered services with an unwavering dedication to excellence.
Official website here: www.sanluisvalleyhealth.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 4 stars (96%)
Lutheran Hospital Association of the San Luis Valley has achieved a commendable Four-Star out of Four Star rating from Charity Navigator, indicating a strong commitment to accountability and financial health. With a high score of 96% in overall evaluation, the organization demonstrates effective management practices, including an entirely independent board of directors and comprehensive oversight regarding financial statements.
The organization excels in maintaining transparency, as evidenced by its strong performance across various metrics such as conflict of interest policies and whistleblower protections. Additionally, the program expense ratio of 74.20% highlights that a substantial portion of its funding is dedicated to its core mission rather than administrative costs. This focus on direct service delivery is a significant strength of the organization.
However, while the ratings and feedback are overwhelmingly positive, continuous monitoring and engagement with stakeholders remain essential for sustaining this level of performance and impact. Overall, the Lutheran Hospital Association presents itself as a well-managed nonprofit that prioritizes accountability and service delivery in its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Lutheran Hospital Assoc Of The San Luis Valley legitimate?
Lutheran Hospital Assoc Of The San Luis Valley is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lutheran Hospital Assoc Of The San Luis Valley 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: $2,810,709
Professional Fundraising Fees: $0
Other Salaries and Wages: $49,968,786
For more financial information, click here
Official website here: www.sanluisvalleyhealth.org
What is the mission statement of Lutheran Hospital Assoc Of The San Luis Valley?
The Lutheran Hospital Assoc of the San Luis Valley is dedicated to providing exceptional, patient-centered services as a premier integrated rural healthcare system. They are committed to unconditional excellence, ensuring the delivery of top-tier, compassionate care guided by their values. The healthcare organization, formed in 2013 through a merger, proudly serves a population of under 50,000 with a vast area of over 8,200 square miles. Despite a challenging payer mix and high Medicaid, uninsured, and low commercial percentages, SLV Health has grown significantly over the last ten years, expanding its gross revenue from $20M to over $200M and serving a much larger patient base. To achieve this growth, they have added new services, including medication oncology, inpatient rehabilitation, sleep disorders, women's imaging center, fixed-wing medical transportation, genetic counseling, behavioral health, cardiology, chiropractic, oncology/infusion therapy, and urology.
Official website here: www.sanluisvalleyhealth.org
Who is the CEO of Lutheran Hospital Assoc Of The San Luis Valley?
Konnie Martin is the Physician of Lutheran Hospital Assoc Of The San Luis Valley. The CEO's salary of Lutheran Hospital Assoc Of The San Luis Valley is $538,697 and their total compensation is $574,297.
Official website here: www.sanluisvalleyhealth.org
What is the revenue of Lutheran Hospital Assoc Of The San Luis Valley?
Lutheran Hospital Assoc Of The San Luis Valley's revenue in 2022 was $122,624,881.
Official website here: www.sanluisvalleyhealth.org
Who are the executives of Lutheran Hospital Assoc Of The San Luis Valley and what are their salaries?
The average compensation at Lutheran Hospital Assoc Of The San Luis Valley during 2022 was $52,622. There are 1003 employees and 12 volunteers at Lutheran Hospital Assoc Of The San Luis Valley.
Here are 24 key members and their salaries (Lutheran Hospital Assoc Of The San Luis Valley's CEO's salary is $538,697 and their total compensation is $574,297):
- Compensation: $686,356
- Related: $0
- Other: $31,563
- Compensation: $637,694
- Related: $0
- Other: $37,936
- Compensation: $538,697
- Related: $0
- Other: $35,600
- Compensation: $488,184
- Related: $0
- Other: $34,701
- Compensation: $486,147
- Related: $0
- Other: $31,563
- Compensation: $497,496
- Related: $0
- Other: $15,015
- Compensation: $430,112
- Related: $0
- Other: $37,732
- Compensation: $414,721
- Related: $0
- Other: $37,595
- Compensation: $259,095
- Related: $0
- Other: $30,214
- Compensation: $237,596
- Related: $0
- Other: $27,837
- Compensation: $230,766
- Related: $0
- Other: $19,014
- Compensation: $221,409
- Related: $0
- Other: $21,391
- Compensation: $173,764
- Related: $0
- Other: $8,425
- Compensation: $75,964
- Related: $0
- Other: $3,748
- Compensation: $2,900
- Related: $0
- Other: $0
- Compensation: $1,100
- Related: $0
- Other: $0
- Compensation: $1,100
- Related: $0
- Other: $0
- Compensation: $1,100
- Related: $0
- Other: $0
- Compensation: $1,100
- Related: $0
- Other: $0
- Compensation: $1,017
- Related: $0
- Other: $0
- Compensation: $1,000
- Related: $0
- Other: $0
- Compensation: $917
- Related: $0
- Other: $0
- Compensation: $900
- Related: $0
- Other: $0
- Compensation: $800
- Related: $0
- Other: $0
Official website here: www.sanluisvalleyhealth.org
Where can I find the form 990 for Lutheran Hospital Assoc Of The San Luis Valley?
Lutheran Hospital Assoc Of The San Luis Valley's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sanluisvalleyhealth.org
Learn more at the official website: www.sanluisvalleyhealth.org
Mission Statement of Lutheran Hospital Assoc Of The San Luis Valley
Lutheran Hospital Assoc of The San Luis Valley is a leading rural healthcare system, dedicated to delivering exceptional patient-centered services in the San Luis Valley. With a deep-rooted history of over 83 years, this nonprofit organization has grown to become a premier integrated healthcare system that accepts the responsibility of providing high-quality, compassionate care, guided by its adopted values.
The mission of Lutheran Hospital Assoc of The San Luis Valley is driven by an unwavering commitment to excellence. This commitment is reflected in its provision of services of the highest caliber and standard performance. The organization's team, consisting of trustees, providers, and staff, is proud of their long-standing tradition of caring for their communities. Despite serving a low-income population, the nonprofit has been resourceful, creative, and innovative to continue serving the community with positive operating margins.
Over the last ten years, Lutheran Hospital Assoc of The San Luis Valley has seen significant growth, with its gross revenue increasing from $20 million to over $200 million, and the number of patients served expanding several fold. New services have been added to cater to various healthcare needs, including medication oncology, inpatient rehabilitation, sleep disorders, women's imaging center, fixed-wing medical transportation, genetic counseling, behavioral health, cardiology, chiropractic, oncology/infusion therapy, and urology, among others. The organization's growth and expansion demonstrate its unwavering commitment to providing comprehensive healthcare services to its community.
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Impact
October, 2024
Lutheran Hospital Association of the San Luis Valley plays a crucial role in providing healthcare services to a vast and underserved region. Serving a population of nearly 50,000 across over 8,200 square miles in the San Luis Valley, it stands as the largest employer in the area, significantly contributing to the local economy. The hospital's commitment to patient-centered care is evident in its extensive range of services, including oncology, behavioral health, rehabilitation, and specialized imaging, all tailored to meet the diverse needs of the community.
Since its formation in 2013 through the merger of two hospitals, it has demonstrated remarkable growth, with gross revenue increasing from $20 million to over $200 million within ten years. This significant expansion indicates not only an increase in patient volume but also the ability to adapt and innovate in response to the community's unique challenges, particularly in light of a payer mix that includes a high percentage of Medicaid and uninsured patients.
Lutheran Hospital Association's dedication to excellence and compassionate care ensures that residents of the San Luis Valley have access to vital health services, thereby improving overall community health outcomes. The integration of various healthcare specialties under its umbrella fosters a comprehensive approach to patient care, enhancing the quality of life for those in the region.
This information is meant to be a general summary of Lutheran Hospital Assoc Of The San Luis Valley. 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: $19,444
- Program Service Revenue: $117,271,540
- Gross Receipts: $122,697,892
Assets and Liabilities:
- Total Assets: $120,012,858
- Total Liabilities: $38,016,258
- Net Assets: $81,996,600
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Patient Service Revenue
Revenue
$114,221,210
Ambulance District Revenue
Revenue
$642,019
340B Payments
Revenue
$2,075,370
Other Revenue
Revenue
$332,941
Organization Details
Founding Year
1928
Phone
(719) 589-2511Principal Officer
Konnie Martin
Main Address
106 BLANCA AVENUE, ALAMOSA, CO, 81101
Website
www.sanluisvalleyhealth.orgNTEE Category
Code: E22 - Health
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