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Nonprofiteer
← TETON VALLEY HEALTH CARE INC

Form 990 for tax year 2024

Filed by TETON VALLEY HEALTH CARE INC.

Totals

Total revenue
$40,179,744
Total expenses
$38,041,145
Contributions and grants received
$1,063,079
Grants paid
$0
Program service revenue
$39,051,443
Investment income
$30,319
Other revenue
$34,903
Total assets, end of year
$21,633,012
Total liabilities, end of year
$6,260,790
Net assets or fund balances, end of year
$15,372,222
Program services expenses (Part IX)
$30,480,800
Management and general expenses
$7,233,494
Fundraising expenses
$326,851
Program service expenses (Part III)
$30,480,800

Program services were 80.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1d · Related organizations

    $935,042

  • 1e · Government grants (contributions)

    $128,037

  • 2a · Program service revenue: Patient Service Revenue

    total $38,131,170 · related or exempt $38,131,170

  • 2b · Program service revenue: 340B Revenue

    total $775,526 · related or exempt $775,526

  • 2f · All other program service revenue

    total $144,747 · related or exempt $144,747

  • 3 · Investment income

    total $33,706 · excluded $33,706

  • 6a · Gross rents

    real property $34,903

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $34,903

  • 6d · Net rental income or loss

    total $34,903 · related or exempt $34,903

  • 7a · Gross sales of assets other than inventory

    other assets $229,872

  • 7b · Less cost or other basis and sales expenses

    other assets $233,259

  • 7c · Gain or loss

    other assets -$3,387

  • 7d · Net gain or loss

    total -$3,387 · excluded -$3,387

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $1,303,340 · management and general $1,303,340

  • 7 · Other salaries and wages

    total $16,805,975 · program services $14,764,557 · management and general $1,777,668 · fundraising $263,750

  • 8 · Pension plan contributions

    total $247,313 · program services $197,818 · management and general $45,914 · fundraising $3,581

  • 9 · Other employee benefits

    total $1,472,271 · program services $1,061,291 · management and general $399,516 · fundraising $11,464

  • 10 · Payroll taxes

    total $1,182,507 · program services $963,767 · management and general $201,451 · fundraising $17,289

  • 11b · Fees: legal

    total $53,207 · management and general $53,207

  • 11g · Fees: other

    total $7,033,432 · program services $4,848,841 · management and general $2,171,907 · fundraising $12,684

  • 12 · Advertising and promotion

    total $113,215 · program services $475 · management and general $112,010 · fundraising $730

  • 13 · Office expenses

    total $84,927 · program services $41,288 · management and general $43,478 · fundraising $161

  • 16 · Occupancy

    total $307,440 · program services $193,717 · management and general $113,411 · fundraising $312

  • 17 · Travel

    total $183,785 · program services $158,243 · management and general $25,542

  • 20 · Interest

    total $15,891 · program services $6,617 · management and general $9,132 · fundraising $142

  • 22 · Depreciation, depletion and amortization

    total $848,431 · program services $813,815 · management and general $34,616

  • 23 · Insurance

    total $378,637 · program services $810 · management and general $377,827

  • 24a · Other expenses: Medical Supplies

    total $6,269,521 · program services $6,176,884 · management and general $90,480 · fundraising $2,157

  • 24b · Other expenses: Lease and Rental Expens

    total $940,497 · program services $669,064 · management and general $256,852 · fundraising $14,581

  • 24c · Other expenses: Repairs and Maintenance

    total $452,983 · program services $426,156 · management and general $26,827

  • 24d · Other expenses: Recruitment Expense

    total $103,576 · program services $71,852 · management and general $31,724

  • 24e · All other expenses

    total $244,197 · program services $85,605 · management and general $158,592

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,232,732 · end of year $3,273,862

  • 2 · Savings and temporary cash investments

    beginning of year $1,427,981 · end of year $590,845

  • 4 · Accounts receivable

    beginning of year $5,895,662 · end of year $8,489,509

  • 8 · Inventories for sale or use

    beginning of year $1,588,169 · end of year $1,788,873

  • 9 · Prepaid expenses and deferred charges

    beginning of year $146,590 · end of year $377,428

  • 10a · Land, buildings and equipment: cost or other basis

    $10,250,463

  • 10b · Land, buildings and equipment: accumulated depreciation

    $7,021,339

  • 10c · Land, buildings and equipment, net

    beginning of year $3,117,963 · end of year $3,229,124

  • 15 · Other assets

    beginning of year $3,255,406 · end of year $3,883,371

  • 17 · Accounts payable and accrued expenses

    beginning of year $3,416,524 · end of year $4,861,198

  • 23 · Secured mortgages and notes payable

    beginning of year $262,533 · end of year $1,170,308

  • 25 · Other liabilities

    beginning of year $751,823 · end of year $229,284

  • 27 · Net assets without donor restrictions

    beginning of year $13,233,623 · end of year $15,372,222

Mission and programs · 2024

Mission

To encourage and support a healthier community.

  • The organization operates a critical access hospital and two rural health clinics. The hospital admitted 146 patients that spent 1,354 cumulative days on the acute floor. The emergency department experienced 3,379 visits, 690 surgical procedures, and 352 colonoscopies were performed in our operating suite. The two rural health clinics provided 24,845 visits during this same period.

    Expenses $30,480,800 · Revenue $39,086,346

As filed on the 2024 return.

Listed in Part VII

  • JoAnne Kay

    Chair

    Total calculated
    $0
    Hours/week
    1

  • Janet Conway

    Treasurer

    Total calculated
    $0
    Hours/week
    1

  • Ken Dunn

    Secretary

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Kevin Mayberry

    Director

    Total calculated
    $0
    Hours/week
    1

  • Tyler McKellar

    Director

    Total calculated
    $0
    Hours/week
    1

  • Gene Marcowka

    Director

    Total calculated
    $0
    Hours/week
    1

  • Anjali Tate

    Director

    Total calculated
    $0
    Hours/week
    1

  • Joseph Troy Christensen

    CEO

    Total calculated
    $372,243
    From this org
    $340,548
    From related orgs
    $0
    Other
    $31,695
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $268,702
    Bonus
    $65,230
    Other
    $6,616
    Deferred
    $3,198
    Nontaxable benefits
    $28,524
    Filer's total
    $372,270

  • Lori Leianne Everett

    CFO

    Total calculated
    $256,591
    From this org
    $243,942
    From related orgs
    $0
    Other
    $12,649
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $240,979
    Bonus
    $2,370
    Other
    $593
    Deferred
    $202
    Nontaxable benefits
    $12,447
    Filer's total
    $256,591

  • Nathan Levanger DO

    CMO

    Total calculated
    $372,152
    From this org
    $327,317
    From related orgs
    $0
    Other
    $44,835
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $305,379
    Bonus
    $12,000
    Other
    $9,938
    Deferred
    $10,238
    Nontaxable benefits
    $34,625
    Filer's total
    $372,180

  • Lisa Loughran Carlson

    CNO/COO

    Total calculated
    $290,228
    From this org
    $256,796
    From related orgs
    $0
    Other
    $33,432
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $221,926
    Bonus
    $32,400
    Other
    $2,470
    Deferred
    $2,063
    Nontaxable benefits
    $31,397
    Filer's total
    $290,256

  • Stefan Turkula

    Orthopedic Surgeon

    Total calculated
    $631,859
    From this org
    $589,634
    From related orgs
    $0
    Other
    $42,225
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $583,270
    Bonus
    $120
    Other
    $6,244
    Deferred
    $4,119
    Nontaxable benefits
    $38,133
    Filer's total
    $631,886

  • Stephen Houmes

    ER Phsician

    Total calculated
    $432,550
    From this org
    $378,819
    From related orgs
    $0
    Other
    $53,731
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $357,551
    Bonus
    $13,920
    Other
    $7,348
    Deferred
    $6,900
    Nontaxable benefits
    $46,831
    Filer's total
    $432,550

  • Luke Martin

    General Surgeon

    Total calculated
    $413,691
    From this org
    $378,388
    From related orgs
    $0
    Other
    $35,303
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $345,553
    Bonus
    $30,000
    Other
    $2,835
    Deferred
    $0
    Nontaxable benefits
    $35,327
    Filer's total
    $413,715

  • Gretchen Stumhofer

    ER Phsician

    Total calculated
    $421,814
    From this org
    $393,767
    From related orgs
    $0
    Other
    $28,047
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $391,479
    Bonus
    $120
    Other
    $2,168
    Deferred
    $1,099
    Nontaxable benefits
    $26,975
    Filer's total
    $421,841

  • Juanita Prissel

    Hospitalist

    Total calculated
    $352,212
    From this org
    $315,376
    From related orgs
    $0
    Other
    $36,836
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $279,766
    Bonus
    $32,000
    Other
    $3,610
    Deferred
    $6,578
    Nontaxable benefits
    $30,285
    Filer's total
    $352,239

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
17 August 2026
IRS schema version
2024v5.5
Source object
202612309349302451

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