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St Luke's Magic Valley Regional Medical Center Ltd

Boise, ID · EIN 56-2570686 · 501(c)(3) · Hospital or medical research organization
Latest filing: Form 990 for the fiscal year ending September 30, 2025 (tax year 2024) · View the filing · Correct or respond

St Luke's Magic Valley Regional Medical Center Ltd reported $611.3 million in revenue and $610.6 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $92.71 went to program services, $7.29 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: 98.9% of the total. The highest compensation it reported for one person was $2,104,597 (President & System CEO). Revenue rose 32% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending September 30, 2025 · Form 990, Part IX, line 25 · total expenses $611M

For 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

The fiscal year ending September 30, 2025 · Form 990, Part VIII · total revenue $611M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,634 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
92.7%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
7.3%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
$0.00$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.2%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.1%
Program service revenue share
Part VIII 2g ÷ 12
98.9%93.7%
Highest reported compensation
Part VII-A, columns D–F
$2,104,597$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.34%1.34%
People paid over $100,000
Part VII, line 2
027
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
4.86.6
Independent voting board members
Part VI 1a–1b
15 of 1688.9%

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

FY2025 · Form 990, Part III · the three largest programs by expense
$214M expenses · 37.7% of program spending · revenue $270M

Medical & Surgical:St. Luke's Magic Valley Medical Center began as Twin Falls County Hospital in 1918 and in 2011, opened the doors of its 186-bed, 700,000-square-foot facility; medical office buildings and an outpatient surgery center are located on the same site as the hospital. The hospital has 218 licensed beds and is designated as a Level III Trauma Center. Serving eight southern Idaho counties and parts of northern Nevada, St. Luke's Magic Valley provides inpatient and outpatient surgery, 24-hour emergency services, cancer treatment, imaging, inpatient and outpatient psychiatric and…

$40M expenses · 7.1% of program spending · revenue $12M

Primary Care: Serving people throughout southern Idaho and northern Nevada, St. Luke's Magic Valley clinics offer a wide scope of services, including women's health, diabetes management, pediatric care, immunizations, behavioral health care and physical exams for school and sports. St. Luke's primary care physicians and associated care teams serve as first point of contact for patients seeking services and provide ongoing, comprehensive and coordinated care to address a wide range of health needs among the multiple and expanding populations served from Twin Falls facilities

$33M expenses · 5.8% of program spending · revenue $59M

Emergency Services: St. Luke's Magic Valley emergency department, with Level III trauma designation, has state-of-the-art equipment, board-certified emergency medicine physicians on staff 24/7, private treatment and bariatric accessible rooms and advanced training in cardiac care, ST-elevation myocardial infarction heart attack receiving and point-of-care testing, on-site medical diagnostic tests for rapid results to facilitate timely clinical decisions and treatment

$279M all other programs (line 4d)

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
President & System CEO
Director/trustee, officer, 2.00 hrs/week
$0$2,017,450$87,147$2,104,597
Hospital Chief Executive Officer
Officer, 5.00 hrs/week
$0$910,430$81,168$991,598
SVP/Chief Legal Officer/Secretary
Officer, 2.00 hrs/week
$0$874,555$90,872$965,427
SVP/CFO/Treasurer
Officer, 2.00 hrs/week
$0$860,999$64,747$925,746
VP, Population Health
Key employee, 30.00 hrs/week
$0$712,345$69,992$782,337
Physician
Highest compensated employee, 40.00 hrs/week
$0$561,146$77,490$638,636
Physician
Highest compensated employee, 40.00 hrs/week
$0$544,008$48,315$592,323
Physician
Highest compensated employee, 40.00 hrs/week
$0$553,251$35,401$588,652

0 people received more than $100,000 in reportable compensation from St Luke's Magic Valley Regional Medical Center Ltd (Part VII, line 2).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$200M$400M$600M$800MFY2020FY2021FY2022FY2023FY2024FY2025$611M$611M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$611M$611M92.7%$243M$2,104,597
FY2024 ⓘ$576M$589M92.7%$250M$1,916,339
FY2023 ⓘ$563M$575M88.6%$255M$1,635,112
FY2022 ⓘ$540M$535M93.8%$256M$1,578,330
FY2021 ⓘ$512M$484M94.0%$241M$1,141,700
FY2020 ⓘ$464M$440M94.6%$204M$10,442,876

Governance answers, as filed

FY2025 · 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–1b16 · 15 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 2Yes
  • 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 4No
  • 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 50
  • Volunteers Part I, line 6132

Correct a figure or respond

Every number above is copied from St Luke's Magic Valley Regional Medical Center Ltd's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for St Luke's Magic Valley Regional Medical Center Ltd, you can publish a response that is linked from this page.

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Questions people ask

How much of St Luke's Magic Valley Regional Medical Center Ltd's spending goes to programs?

In the fiscal year ending September 30, 2025, St Luke's Magic Valley Regional Medical Center Ltd reported that 92.7% of its $610.6 million in expenses went to program services, 7.3% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does St Luke's Magic Valley Regional Medical Center Ltd pay its top executive?

The largest total compensation St Luke's Magic Valley Regional Medical Center Ltd reported for one person in the fiscal year ending September 30, 2025 was $2,104,597, for the role of President & System CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does St Luke's Magic Valley Regional Medical Center Ltd get its money?

Of $611.3 million in revenue in the fiscal year ending September 30, 2025, 0.2% came from contributions and grants (including 0.0% from government grants) and 98.9% from program service revenue (Form 990, Part VIII).

Is St Luke's Magic Valley Regional Medical Center Ltd a registered charity?

The IRS lists EIN 56-2570686 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

  • FY2025: Form 990 for the fiscal year ending September 30, 2025, object 202632279349300403 · read the filing
  • FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202502279349300800 · read the filing
  • FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202442289349301019 · read the filing
  • FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202312279349301771 · read the filing
  • FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202212239349302531 · read the filing
  • FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202142249349301319 · read the filing

All filings for EIN 56-2570686: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.