Civic Intelligence

Minnesota Valley Memorial Hospital

EIN 41-1754182 • 501(c)3 • Le Sueur, MN

Profile

Provide support for the minnesota valley health center in le sueur, minnesota.

621 South Fourth StreetLe Sueur, MN 56058

www.mvhc.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2022

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

2nd percentile

-1899%

Higher net margin than 2% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

66th percentile

12%

Faster revenue growth than 66% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$0

Down $1,019,836 (-100%) from 2021

Liabilities

Down

$0

Down $2,000 (-100%) from 2021

Net Assets

Down

$0

Down $1,017,836 (-100%) from 2021

Revenue

Up

$53,595

Up $5,694 (+12%) from 2021

Expenses

Up

$1,071,431

Up $1,021,617 (+2051%) from 2021

Net Income

Down

-$1,017,836

Down $1,015,923 (-53106%) from 2021

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2012: $159,144Liabilities 2012: $02012Assets 2013: $1,029,326Liabilities 2013: $0Net Assets 2013: $1,029,3262013Assets 2014: $765,146Liabilities 2014: $0Net Assets 2014: $765,1462014Assets 2015: $981,962Liabilities 2015: $32,550Net Assets 2015: $949,4122015Assets 2016: $983,230Liabilities 2016: $10,050Net Assets 2016: $973,1802016Assets 2017: $1,055,215Liabilities 2017: $0Net Assets 2017: $1,055,2152017Assets 2018: $1,081,695Liabilities 2018: $0Net Assets 2018: $1,081,6952018Assets 2019: $1,053,995Liabilities 2019: $0Net Assets 2019: $1,053,9952019Assets 2020: $1,021,804Liabilities 2020: $2,055Net Assets 2020: $1,019,7492020Assets 2021: $1,019,836Liabilities 2021: $2,000Net Assets 2021: $1,017,8362021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2022

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.0M$0-$1.0M-$2.0MRevenue 2012: $131,842Expenses 2012: $362Net Income 2012: $131,4802012Revenue 2013: $914,912Expenses 2013: $44,730Net Income 2013: $870,1822013Revenue 2014: $70,617Expenses 2014: $334,797Net Income 2014: -$264,1802014Revenue 2015: $69,575Expenses 2015: $46,146Net Income 2015: $23,4292015Revenue 2016: $72,852Expenses 2016: $49,084Net Income 2016: $23,7682016Revenue 2017: $161,985Expenses 2017: $83,195Net Income 2017: $78,7902017Revenue 2018: $75,637Expenses 2018: $49,157Net Income 2018: $26,4802018Revenue 2019: $59,343Expenses 2019: $51,332Net Income 2019: $8,0112019Revenue 2020: $52,347Expenses 2020: $55,060Net Income 2020: -$2,7132020Revenue 2021: $47,901Expenses 2021: $49,814Net Income 2021: -$1,9132021Revenue 2022: $53,595Expenses 2022: $1,071,431Net Income 2022: -$1,017,8362022

Highlighted filing

2022

Revenue$53,595
Expenses$1,071,431
Net Income-$1,017,836

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2021 to Sep 30, 2022
Signed
Aug 3, 2023
Return Version
2021v4.2
Gross Receipts
$53,595
Mission and Program Overview

Mission

Provide support for the minnesota valley health center in le sueur, minnesota.

Provide support and enhance the services provided to the community by ridgeview le sueur medical center.

Program Services

DescriptionGrantsExpenses
PROVIDE SUPPORT AND ENHANCE THE SERVICES PROVIDED TO THE COMMUNITY BY RIDGEVIEW LE SUEUR MEDICAL CENTER.$1,069,406$1,069,406
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KARL HAEMIGDirector-$0--
DAVE TULLYDirector-$0--
DAVE WAGNERDirector-$0--
BEVERLY PRENEVOSTDirector-$0--
MARIE WALKERDirector-$0--
ROBERT BROEDERPresident-$0--
RUTH VORTHERMSVice President-$0--
JOHN BRANCAMPTreasurer-$0--
RICHARD PINNEYSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Minnesota Valley Memorial Hospital
EIN
41-1754182
Phone
5076653375
Address
621 SOUTH FOURTH STREET, LE SUEUR, MN 56058

Signing Officer

Name
John Brancamp
Title
Treasurer
Phone
5076653375
Signed
2023-08-03
Discuss with paid preparer
Yes

Preparer

Firm
Cliftonlarsonallen Llp
Address
220 S 6TH STREET SUITE 300, MINNEAPOLIS, MN 55402
Preparer
Darryn Mcgarvey
Phone
6123764500
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

Description: interest income. Amount: 16.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: grant. Grantee name: ridgeview le sueur medical center. Grantee address: 621 south fourth street le sueur, mn 56058. Grantee relationship: controlling org. Property description: cash & investments. Amount given: 1,069,406.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: mn ag filing fee. Amount: 25.

Form 990-ez, Part II, Line 24 - Other Assets

Description: mn community foundation fund d665. Beg. Of year amount: 242,913. End of year amount: 0. Description: mn community foundation fund d665. Beg. Of year amount: 743,635. End of year amount: 0. Description: mn community foundation fund - other. Beg. Of year amount: -1,342. End of year amount: 0.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: accounts payable. Beg. Of year amount: 2,000. End of year amount: 0.

Raw XML Appendix200 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/OperateHospitalInd00
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MINNESOTA VALLEY MEMORIAL HOSPITAL FOUNDATION SUPPORTS RIDGEVIEW LE SUEUR MEDICAL CENTER. THE DIRECTOR OF FINANCE OF THE HOSPITAL ALSO DOES THE BOOKS FOR THE FOUNDATION. THEREFORE, THERE IS COMMON SUPERVISION OR CONTROL OF BOTH THE SUPPORTING ORGANIZATION (FOUNDATION) AND THE SUPPORTED ORGANIZATION (HEALTH CENTER) ENSURING THAT THE FOUNDATION IS RESPONSIVE TO THE NEEDS AND REQUIREMENTS OF THE HEALTH CENTER.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION B, LINE 1:
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt0RIDGEVIEW LE SUEUR MEDICAL CENTER
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02022-09-30
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt0621 SOUTH FOURTH STREET
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 16.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: GRANT. GRANTEE NAME: RIDGEVIEW LE SUEUR MEDICAL CENTER. GRANTEE ADDRESS: 621 SOUTH FOURTH STREET LE SUEUR, MN 56058. GRANTEE RELATIONSHIP: CONTROLLING ORG. PROPERTY DESCRIPTION: CASH & INVESTMENTS. AMOUNT GIVEN: 1,069,406.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: MN AG FILING FEE. AMOUNT: 25.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: MN COMMUNITY FOUNDATION FUND D665. BEG. OF YEAR AMOUNT: 242,913. END OF YEAR AMOUNT: 0. DESCRIPTION: MN COMMUNITY FOUNDATION FUND D665. BEG. OF YEAR AMOUNT: 743,635. END OF YEAR AMOUNT: 0. DESCRIPTION: MN COMMUNITY FOUNDATION FUND - OTHER. BEG. OF YEAR AMOUNT: -1,342. END OF YEAR AMOUNT: 0.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
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ReturnHeader/PreparerPersonGrp/PreparationDt02023-08-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DARRYN MCGARVEY
ReturnHeader/ReturnTs02023-08-04T10:47:51-05:00
ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/TaxPeriodBeginDt02021-10-01
ReturnHeader/TaxPeriodEndDt02022-09-30
ReturnHeader/TaxYr02021

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