Valley Hospital Association
Also known as Mat-Su Health Foundation
Valley Hospital Association reported $57.1 million in revenue and $36.5 million in expenses for calendar year 2024. Of every $100 it spent, $83.97 went to program services, $16.03 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: 83.7% of the total. The highest compensation it reported for one person was $332,566 (CHIEF EXECUTIVE OFFICER). 18 people received more than $100,000 in reportable compensation. Revenue rose 69% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $36MFor 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 $57MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 84.0% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 16.0% | 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 | 2.2% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 83.7% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $332,566 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.91% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 18 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 140.7 | 6.6 |
| Independent voting board members Part VI 1a–1b | 13 of 13 | 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 expenseThe reporting organization increases access to medical care, social services, community supports and prevention activities through both the provision of medical services and grants to community organizations furthering the purpose of improving the health and wellness of matanuska-susitna residents
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 |
|---|---|---|---|---|
| CHIEF EXECUTIVE OFFICER Officer, 40.00 hrs/week | $317,933 | $0 | $14,633 | $332,566 |
| CHIEF FINANCIAL OFFICER Officer, 40.00 hrs/week | $220,114 | $0 | $52,101 | $272,215 |
| CHIEF COMMUNITY IMPACT OFFICER Key employee, 40.00 hrs/week | $178,257 | $0 | $40,268 | $218,525 |
| CHIEF OPPERATING OFFICER Key employee, 40.00 hrs/week | $177,932 | $0 | $39,587 | $217,519 |
| SENIOR PROGRAM OFFICER Highest compensated employee, 40.00 hrs/week | $162,145 | $0 | $24,407 | $186,552 |
| SENIOR PROGRAM OFFICER Highest compensated employee, 40.00 hrs/week | $135,334 | $0 | $45,000 | $180,334 |
| PROGRAM DIRECTOR Highest compensated employee, 40.00 hrs/week | $125,138 | $0 | $44,593 | $169,731 |
| PROGRAM OFFICER Highest compensated employee, 40.00 hrs/week | $132,701 | $0 | $23,229 | $155,930 |
18 people received more than $100,000 in reportable compensation from Valley Hospital Association (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.0M (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–1b13 · 13 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 15aYes
- 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 546
- Volunteers Part I, line 614
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| PYRAMID COMMUNICATIONS INC Website and brand consulting | $317,023 |
| FORAKER GROUP Consulting services | $223,883 |
| BIRSEL SECK LLC Contracted facilitation and consulting | $198,972 |
| CONTRASTING QUALITIES LLC Contracted bh services | $176,873 |
Individuals listed as contractors are left out. 10 contractors were paid more than $100,000 in all.
Private foundation grants it received
2 private foundations reported grants to Valley Hospital Association totaling $1.1M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Valley Hospital Association's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Valley Hospital Association, you can publish a response that is linked from this page.
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Of every $100 Valley Hospital Association spent in 2024, $83.97 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- McCullough-Hyde Memorial HospitalCincinnati, OH · revenue $57M · programs 86.7% · FY2025
- Easter Seals New JerseyJamesburg, NJ · revenue $57M · programs 82.6% · FY2025
- Eagleville HospitalEagleville, PA · revenue $57M · programs 80.5% · FY2025
- Huron Regional Medical CenterHuron, SD · revenue $57M · programs 100.0% · FY2025
- Carlinville Area Hospital AssociationCarlinville, IL · revenue $57M · programs 79.8% · FY2025
Questions people ask
How much of Valley Hospital Association's spending goes to programs?
In calendar year 2024, Valley Hospital Association reported that 84.0% of its $36.5 million in expenses went to program services, 16.0% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Valley Hospital Association pay its top executive?
The largest total compensation Valley Hospital Association reported for one person in calendar year 2024 was $332,566, for the role of CHIEF EXECUTIVE OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Valley Hospital Association get its money?
Of $57.1 million in revenue in calendar year 2024, 2.2% came from contributions and grants and 83.7% from program service revenue (Form 990, Part VIII).
Is Valley Hospital Association a registered charity?
The IRS lists EIN 92-0019395 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 202533169349305978 · read the filing · XML
- 2023: Form 990 for calendar year 2023 (amended), object 202503169349307145 · read the filing
- 2022: Form 990 for calendar year 2022 (amended), object 202533169349307198 · read the filing
- 2021: Form 990 for calendar year 2021 (amended), object 202412279349301821 · read the filing
- 2020: Form 990 for calendar year 2020, object 202123199349320997 · read the filing
- 2019: Form 990 for calendar year 2019, object 202013579349301016 · read the filing
All filings for EIN 92-0019395: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.