Minnesota Valley Health Center
Also known as Ridgeview Le Sueur Medical Center
Minnesota Valley Health Center reported $14.2 million in revenue and $12.7 million in expenses for calendar year 2024. Of every $100 it spent, $66.35 went to program services, $33.65 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 95.5% of the total. The highest compensation it reported for one person was $1,224,841 (PRESIDENT/CEO). Revenue rose 4% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $13MFor context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $14MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 66.4% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 33.6% | 13.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | Not reported | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.8% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.5% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 95.5% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $1,224,841 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 9.62% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 0 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 11.9 | 6.6 |
| Independent voting board members Part VI 1a–1b | 6 of 7 | 88.9% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseRidgeview le sueur medical center is created & organized exclusively for charitable purposes. Ridgeview le sueur medical center is created and organized to own, maintain, operate and conduct, directly or indirectly, and to assist and coordinate activities of facilities for health care, education, care for the aged and social services. Ridgeview le sueur medical center includes a hospital, outpatient clinics, complete lab and radiology departments, a comprehensive physical therapy department, and independent apartment building for the elderly
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT/CEO Officer, 0.50 hrs/week | $0 | $1,131,592 | $93,249 | $1,224,841 |
| CFO Officer, 0.50 hrs/week | $0 | $823,518 | $72,054 | $895,572 |
| COO & TREASURER Director/trustee, officer, 0.50 hrs/week | $0 | $359,651 | $19,477 | $379,128 |
| BOARD MEMBER Director/trustee, 0.40 hrs/week | $1,200 | $6,200 | $0 | $7,400 |
| BOARD CHAIR Director/trustee, officer, 0.40 hrs/week | $1,800 | $0 | $0 | $1,800 |
| BOARD MEMBER Director/trustee, 0.40 hrs/week | $1,200 | $0 | $0 | $1,200 |
| BOARD MEMBER Director/trustee, 0.40 hrs/week | $1,200 | $0 | $0 | $1,200 |
| BOARD MEMBER Director/trustee, 0.40 hrs/week | $1,200 | $0 | $0 | $1,200 |
0 people received more than $100,000 in reportable compensation from Minnesota Valley Health Center (Part VII, line 2). Compensation of current officers, directors and key employees totaled $7,800 (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b7 · 6 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aNo
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 589
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| EMPAC Emergency department physician services | $1,517,984 |
| PREMIER ELECTRICAL CORPORATION Electrical contractor | $571,167 |
| PRIME TIME HEALTHCARE LLC Staffing services | $432,030 |
Individuals listed as contractors are left out. 3 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from Minnesota Valley Health Center's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Minnesota Valley Health Center, you can publish a response that is linked from this page.
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Of every $100 Minnesota Valley Health Center spent in 2024, $66.35 went to programs. The full breakdown, from its IRS Form 990:
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Questions people ask
How much of Minnesota Valley Health Center's spending goes to programs?
In calendar year 2024, Minnesota Valley Health Center reported that 66.4% of its $12.7 million in expenses went to program services, 33.6% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Minnesota Valley Health Center pay its top executive?
The largest total compensation Minnesota Valley Health Center reported for one person in calendar year 2024 was $1,224,841, for the role of PRESIDENT/CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Minnesota Valley Health Center get its money?
Of $14.2 million in revenue in calendar year 2024, 0.8% came from contributions and grants (including 0.5% from government grants) and 95.5% from program service revenue (Form 990, Part VIII).
Is Minnesota Valley Health Center a registered charity?
The IRS lists EIN 41-0837659 as a 501(c)(3) organization (hospital or medical research organization), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202503109349303810 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202413169349304311 · read the filing
- 2022: Form 990 for calendar year 2022, object 202323179349306492 · read the filing
- 2021: Form 990 for calendar year 2021, object 202213189349310436 · read the filing
- 2020: Form 990 for calendar year 2020, object 202113199349314331 · read the filing
- 2019: Form 990 for calendar year 2019, object 202023199349300912 · read the filing
All filings for EIN 41-0837659: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.