Civic Intelligence

Valley-Wide Health Systems Inc

EIN 84-0706945 • 501(c)3 • Alamosa, CO

Profile

Valley-wide health systems is committed to providing high-quality, safe, effective and integrated health care services in a respectful and inclusive manner for all with special consideration for medically underserved populations.

128 Market StreetAlamosa, CO 81101

www.valley-widehealth.org

Siviq Scores

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

Liabilities / Assets

47th percentile

0.21x

Higher debt load relative to assets than 47% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

43rd percentile

0.26x

Higher debt load relative to revenue than 43% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Net Margin

17th percentile

-8.7%

Higher net margin than 17% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

43rd percentile

$316,304

Higher top officer pay than 43% of similar nonprofits.

Top officer pay equals 0.5% of source-year revenue.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Asset Growth

91st percentile

30%

Faster asset growth than 91% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

48th percentile

7.7%

Faster revenue growth than 48% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Assets

Up

$79,100,975

Up $18,328,040 (+30%) from 2023

Liabilities

Up

$16,903,158

Up $4,313,277 (+34%) from 2023

Net Assets

Up

$62,197,817

Up $14,014,763 (+29%) from 2023

Revenue

Up

$65,216,892

Up $4,648,177 (+7.7%) from 2023

Expenses

Up

$70,872,844

Up $16,022,424 (+29%) from 2023

Net Income

Down

-$5,655,952

Down $11,374,247 (-199%) from 2023

Trend Graphs

Balance Sheet Trend

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

$80M$60M$40M$20M$0Assets 2010: $17,894,164Liabilities 2010: $8,613,216Net Assets 2010: $9,280,9482010Assets 2011: $17,710,808Liabilities 2011: $7,116,773Net Assets 2011: $10,594,0352011Assets 2012: $19,682,487Liabilities 2012: $7,524,290Net Assets 2012: $12,158,1972012Assets 2013: $21,760,723Liabilities 2013: $5,700,815Net Assets 2013: $16,059,9082013Assets 2014: $21,640,838Liabilities 2014: $5,411,357Net Assets 2014: $16,229,4812014Assets 2015: $24,777,519Liabilities 2015: $5,585,798Net Assets 2015: $19,191,7212015Assets 2016: $25,940,981Liabilities 2016: $6,101,516Net Assets 2016: $19,839,4652016Assets 2017: $26,993,158Liabilities 2017: $5,598,135Net Assets 2017: $21,395,0232017Assets 2018: $29,016,096Liabilities 2018: $4,950,235Net Assets 2018: $24,065,8612018Assets 2019: $37,449,296Liabilities 2019: $9,178,273Net Assets 2019: $28,271,0232019Assets 2020: $45,742,806Liabilities 2020: $13,086,657Net Assets 2020: $32,656,1492020Assets 2021: $46,697,315Liabilities 2021: $8,999,363Net Assets 2021: $37,697,9522021Assets 2022: $52,544,690Liabilities 2022: $10,079,931Net Assets 2022: $42,464,7592022Assets 2023: $60,772,935Liabilities 2023: $12,589,881Net Assets 2023: $48,183,0542023Assets 2024: $79,100,975Liabilities 2024: $16,903,158Net Assets 2024: $62,197,8172024

Highlighted filing

2024

Assets$79,100,975
Liabilities$16,903,158
Net Assets$62,197,817

Operations Trend

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

$80M$60M$40M$20M$0-$20MExpenses 2010: $25,031,1112010Expenses 2011: $25,838,2042011Expenses 2012: $25,270,7592012Expenses 2013: $28,235,2832013Revenue 2014: $29,534,853Expenses 2014: $29,365,280Net Income 2014: $169,5732014Revenue 2015: $33,827,405Expenses 2015: $30,865,165Net Income 2015: $2,962,2402015Revenue 2016: $34,058,102Expenses 2016: $33,410,358Net Income 2016: $647,7442016Revenue 2017: $35,690,229Expenses 2017: $34,134,671Net Income 2017: $1,555,5582017Revenue 2018: $36,294,787Expenses 2018: $33,623,949Net Income 2018: $2,670,8382018Revenue 2019: $41,698,752Expenses 2019: $37,493,590Net Income 2019: $4,205,1622019Revenue 2020: $46,865,830Expenses 2020: $42,480,704Net Income 2020: $4,385,1262020Revenue 2021: $52,431,671Expenses 2021: $47,389,868Net Income 2021: $5,041,8032021Revenue 2022: $53,344,570Expenses 2022: $48,577,763Net Income 2022: $4,766,8072022Revenue 2023: $60,568,715Expenses 2023: $54,850,420Net Income 2023: $5,718,2952023Revenue 2024: $65,216,892Expenses 2024: $70,872,844Net Income 2024: -$5,655,9522024

Highlighted filing

2024

Revenue$65,216,892
Expenses$70,872,844
Net Income-$5,655,952

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$79.1$16.9$62.2$65.2$70.9$5.66
2023Detailed filing. Detailed filing data is available for this year.$60.8$12.6$48.2$60.6$54.9$5.72
2022Detailed filing. Detailed filing data is available for this year.$52.5$10.1$42.5$53.3$48.6$4.77
2021Detailed filing. Detailed filing data is available for this year.$46.7$9.00$37.7$52.4$47.4$5.04
2020Detailed filing. Detailed filing data is available for this year.$45.7$13.1$32.7$46.9$42.5$4.39
2019Detailed filing. Detailed filing data is available for this year.$37.4$9.18$28.3$41.7$37.5$4.21
2018Detailed filing. Detailed filing data is available for this year.$29.0$4.95$24.1$36.3$33.6$2.67
2017Detailed filing. Detailed filing data is available for this year.$27.0$5.60$21.4$35.7$34.1$1.56
2016Detailed filing. Detailed filing data is available for this year.$25.9$6.10$19.8$34.1$33.4$0.65
2015Detailed filing. Detailed filing data is available for this year.$24.8$5.59$19.2$33.8$30.9$2.96
2014Detailed filing. Detailed filing data is available for this year.$21.6$5.41$16.2$29.5$29.4$0.17
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.8$5.70$16.1$28.2
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.7$7.52$12.2$25.3
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.7$7.12$10.6$25.8
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.9$8.61$9.28$25.0
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 15, 2025
Return Version
2023v6.0
Gross Receipts
$65,441,083
Mission and Program Overview

Mission

Valley-wide health systems is committed to providing high-quality, safe, effective and integrated health care services in a respectful and inclusive manner for all with special consideration for medically underserved populations.

Vwhs is committed to providing high- quality, safe, effective and integrated health care in a respectful manner for all with special consideration for medically underserved.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$24,862,243$39,925,921▲ $15,063,678
Savings and Temporary Cash Investments$26,160,901$28,023,191▲ $1,862,290
Accounts Receivable$5,063,070$6,406,113▲ $1,343,043
Prepaid Expenses and Deferred Charges$1,362,748$1,585,361▲ $222,613
Pledges and Grants Receivable$1,804,557$1,137,039▼ $667,518
Inventories for Sale or Use$504,367$553,263▲ $48,896
Cash and Non-Interest-Bearing Accounts$32,488$16,604▼ $15,884
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$60,772,935$79,100,975▲ $18,328,040
Other Assets Total$982,561$1,453,483▲ $470,922
Liabilities
Mortgage Notes Payable Secured by Investment Property$5,994,460$11,385,926▲ $5,391,466
Accounts Payable and Accrued Expenses$4,736,544$3,392,347▼ $1,344,197
Other Liabilities$1,815,527$1,859,523▲ $43,996
Deferred Revenue$43,350$265,362▲ $222,012
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$12,589,881$16,903,158▲ $4,313,277
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$48,183,054$62,197,817▲ $14,014,763
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$48,183,054$62,197,817▲ $14,014,763
Total Liabilities and Net Assets / Fund Balance$60,772,935$79,100,975▲ $18,328,040

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$30,594,678$10,626,287$41,220,965
Equipment$1,222,308$4,993,181$6,215,489
Other Land Buildings$5,200,753-$5,200,753
Land$2,876,706-$2,876,706
Leasehold Improvements$31,476$69,137$100,613
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jania ArnoldiChief Executive OfficerFT$251,395$64,909$316,304
Jeffery PerryProviderFT$245,559$60,300$305,859
Nancy PanterProviderFT$253,031$37,466$290,497
Stacy RittmuellerProviderFT$227,045$51,740$278,785
Emelin MartinezChief Medical OfficerFT$212,119$43,003$255,122
Daniel TailleurProviderFT$204,640$44,631$249,271
Javier MartinezChief Financial OfficerFT$153,338$30,479$183,817

Board Members and Trustees

NameTitle
Jeremy SilvaChair
Celina EspinozaVice Chair
Alondra MaldonadoBoard Member
John SpanoBoard Member
Linda L DeHerreraBoard Member
Matthew MartinezBoard Member
Raul RamosBoard Member
Lorin AdamsBoard Member (From 1/24)
Michelle VelasquezBoard Member (From 1/24)
Bonnie GutierrezBoard Member (TO 07/23)
Mary Shorter-KingBoard Member (TO 12/23)
Michelle FerreraSecretary
Trevor La CostTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Art C Klein Construction IncConstruction service3370 Chelton Loop South, Colorado Springs, CO 80909$2,110,071
Clean as a Whistle JanitorialJanitorial Services8211 S HWY 285, Alamosa, CO 81101$523,317
Breakthrough Consulting LLCAccounting Services310 N Central Ave Suite 840C, Phoenix, AZ 85012$299,443
Brownstein hyatt Farber SchreckLegal ServicesPO Box 172168, Denver, CO 80217$264,892
Alamosa Dental LabDental lab servicesPO Box 750, Alamosa, CO 81101$244,840
Revenue and Support

Revenue Composition

Contributions and Grants
$10,523,054
Program Service Revenue
$53,529,265
Investment Income
$1,164,573
Other Revenue
$0
All Other Contributions
$51,923
Change in Net Assets
$-5,655,952

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Food Inventory1,938$1,178,968Stated Value
Drugs and Medical Supplies9,348$663,159Stated Value
Total Noncash Contributions11,286$1,842,127-

Audited Revenue Reconciliation

Revenue per Audited Statements
$64,436,301
Revenue Not Reported on Financial Statements
$780,591
Other Revenue Adjustments
$780,591
Total Revenue per Audited Statements
$64,436,301
Total Revenue per Form 990
$65,216,892
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$46,167,416
Other Expenses$19,117,960
Grants and Similar Amounts Paid$5,587,468
Total Fundraising Expense$27,141
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$27,149,410$8,099,679-$35,249,089
Other Employee Benefits$4,837,904$1,832,804-$6,670,708
Fees for Services Other$5,365,176$961,839-$6,327,015
Grants to Domestic Orgs$4,408,500--$4,408,500
Payroll Taxes$1,942,597$619,191-$2,561,788
Occupancy$1,532,755$456,201-$1,988,956
Depreciation Depletion$1,435,496$167,013-$1,602,509
Grants to Domestic Individuals$1,178,968--$1,178,968
Pension Plan Contributions$848,735$294,279-$1,143,014
Travel$502,510$230,182-$732,692
Office Expenses$477,900$136,400-$614,300
Current Officers, Directors, Trustees, and Key Employees-$515,676$27,141$542,817
Fees for Services Accounting$8,142$478,365-$486,507
All Other Expenses$94,855$360,850-$455,705
Interest$196,144$14,119-$210,263
Other Expenses$68,443$140,668-$209,111
Fees for Services Legal-$100,997-$100,997
Advertising$3,183$59,314-$62,497
Conferences and Meetings-$48,571-$48,571
Information Technology$19,962--$19,962
Total Functional Expenses$56,080,362$14,765,341$27,141$70,872,844

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$70,872,844
Expenses per Audited Statements$70,092,253
Total Expenses per Audited Statements$70,092,253
Expenses Not Reported on Financial Statements$780,591
Other Expense Adjustments$780,591
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Family Guidance InstituteAlamosa, CO501(c)(3)New Market Tax Credit Holding$4,408,500
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Pto$1,650,644
Accrued Physician Pto$208,879
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The 990 is reviewed at the monthly board of directors meeting prior to the submission of the 990 to the internal revenue service.

Form 990, Part VI, Section B, Line 12C

Annually, the organization reviews and discusses the conflict of interest policy and requests that each board member list and acknowledge any known conflicts. All members of the board of directors and staff are covered under the conflict of interest policy. At each board and committee meeting, if there is a discussion of selecting or engaging a vendor or service provider, all in attendance are asked to recuse themselves from this discussion if there could be a perceived conflict.

Form 990, Part VI, Section B, Line 15 A & B

The board of directors reviews the compensation for the chief executive officer by comparing her compensation to the compensation of individuals in like positions, in comparable organizations using forms 990, compensation studies, and other available data including, but limited to: cchn, bofl and mountain state employee compensation surveys. The board then approves any changes in compensation based on this information. The chief executive officer is responsible for evaluating pay rates of other key employees using the same compensation studies and data.

Form 990, Part VI, Section C, Line 19

The organization will provide in a timely manner, copies of all governing documents including its conflict of interest policies and financial statements when requested in writing or in person.

Filing and Contact Details

Filer

Filer Name
Valley-Wide Health Systems Inc
EIN
84-0706945
In Care Of
% JANIA ARNOLDI
Phone
7195895161
Address
128 Market Street, Alamosa, CO 81101

Signing Officer

Name
Jania Arnoldi
Title
President
Phone
7195895161
Signed
2025-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jania Arnoldi
Formed
1976
Legal Domicile
Co
Voting Board Members
11
Independent Board Members
11
Employees
782
Volunteers
11

Preparer

Firm
Stockman Kast Ryan & Co Llp
Address
102 N CASCADE AVENUE SUITE 400, COLORADO SPRINGS, CO 80903
Preparer
Doreen B Merz
Phone
7196301186
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4A

CONTINUED:THE MISSION OF THE ORGANIZATION DIRECTS VALLEY-WIDE'S SCOPE OF SERVICES WHICH IS TO PROVIDE QUALITY, COMPREHENSIVE HEALTHCARE SERVICES IN A RESPECTFUL AND INCLUSIVE MANNER, WITH SPECIAL CONSIDERATION FOR MEDICALLY UNDERSERVED POPULATIONS. SPECIFICALLY INCLUDED ARE PATIENTS WHO ARE UNINSURED, UNDERINSURED, OR WHO HAVE LIMITED ACCESS TO PRIMARY HEALTH AND DENTAL CARE SERVICES. VALLEY-WIDE PROVIDES SAFE AND EFFECTIVE COMPREHENSIVE PRIMARY AND ORAL HEALTH CARE SERVICES TO IMPROVE THE HEALTH STATUS OF UNDERSERVED AND VULNERABLE POPULATIONS, this includes A FARMWORKER HEALTH SERVICE PROGRAM THAT PROVIDES SERVICES THROUGH VOUCHERS IN AREAS OF THE STATE THAT DO NOT HOUSE C/MHCS. DURING FISCAL YEAR 2023/2024 VALLEY-WIDE PROVIDED 168,647 PATIENT SERVICES VISITS.

Form 990, Part XI, Line 9

other changes in net assets: $19,670,715. During the fiscal year ending 6-30-2024, related organizations Southeast Behavioral Health Group and Southeast Mental health Group dissolved and all assets and operations were contributed to Valley-wide Health Systems, Inc as part of a merger agreement. Additionally, all the operations and assets of the following related organizations were contributed to Valley-wide Health Systems, Inc as part of a merger agreement: Southeast Wellness Works LLC, Partnership in Progress, and Family guidance Institute. OTHER CHANGES IN NET ASSETS FROM MERGER FAMILY GUIDANCE INSTITUTE: $8,965,979 PARNTERSHIP FOR PROGRESS: $571,253 SOUTHEAST BEHAVIORAL HEALTH GROUP: $625,993 SOUTHEAST MENTAL HEALTH SERVICES: $5,360,676 Inherent Contribution Step Up in Assets: $4,146,814 ----------------------------------------------------- TOTAL OTHER CHANGES IN NET ASSETS: $19,670,715

Financial Statement Notes

Schedule D, Part V, Line 4

The Health System is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code and a similar provision of state law. The Health System believes that it does not have any uncertain tax positions that are material to the financial statements.

SCH D, PART XI and XII LINE 4B

Other change: $ 780,591, BAD DEBT RECLASSED TO EXPENSES FOR 990 REPORTING: $780,591.

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IRS990/Desc0VALLEY-WIDE HEALTH SYSTEMS, INC. IS A NON-PROFIT, COMMUNITY HEALTH CENTER, SERVING 17 COUNTIES IN SOUTHERN RURAL COLORADO SINCE 1976, WITH FULL JOINT COMMISSION ACCREDITATION SINCE 1997. SEE SCHEDULE O FOR CONTINUATION.
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