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Nonprofiteer
← VALLEY-WIDE HEALTH SYSTEMS INC

Form 990 for tax year 2022

Filed by VALLEY-WIDE HEALTH SYSTEMS INC.

Totals

Total revenue
$60,568,715
Total expenses
$54,850,420
Contributions and grants received
$16,416,647
Grants paid
$964,035
Program service revenue
$43,828,514
Investment income
$323,554
Other revenue
$0
Total assets, end of year
$60,772,935
Total liabilities, end of year
$12,589,881
Net assets or fund balances, end of year
$48,183,054
Program services expenses (Part IX)
$43,105,675
Management and general expenses
$11,687,691
Fundraising expenses
$57,054
Program service expenses (Part III)
$43,105,675

Program services were 78.6% 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.

  • 1e · Government grants (contributions)

    $16,363,389

  • 1f · All other contributions, gifts and grants

    $53,258

  • 1g · Noncash contributions included above

    $1,548,525

  • 2a · Program service revenue: PATIENT REVENUE

    total $38,076,398 · related or exempt $38,076,398

  • 2b · Program service revenue: RELATED ORGANIZATION CONTRACT SERVICES

    total $2,534,228 · related or exempt $2,534,228

  • 2c · Program service revenue: CONTRACT SERVICES

    total $2,308,049 · related or exempt $2,308,049

  • 2d · Program service revenue: COMMUNITY HEALTH PROVIDER ALLIANCE

    total $654,043 · related or exempt $654,043

  • 2e · Program service revenue: OTHER REVENUE

    total $255,796 · related or exempt $255,796

  • 3 · Investment income

    total $384,587 · excluded $384,587

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 6d · Net rental income or loss

    total $0

  • 7a · Gross sales of assets other than inventory

    other assets $0

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

    other assets $61,033

  • 7c · Gain or loss

    other assets -$61,033

  • 7d · Net gain or loss

    total -$61,033 · excluded -$61,033

  • 8a · Fundraising events: gross income

    $0

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $0

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $0

  • 10a · Gross sales of inventory

    $0

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0

  • 2 · Grants to domestic individuals

    total $964,035 · program services $964,035

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $505,851 · management and general $448,797 · fundraising $57,054

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $30,367,335 · program services $23,945,510 · management and general $6,421,825

  • 8 · Pension plan contributions

    total $886,713 · program services $685,125 · management and general $201,588

  • 9 · Other employee benefits

    total $5,161,231 · program services $3,803,563 · management and general $1,357,668

  • 10 · Payroll taxes

    total $2,216,534 · program services $1,726,210 · management and general $490,324

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $283,189 · program services $35 · management and general $283,154

  • 11c · Fees: accounting

    total $360,992 · program services $6,500 · management and general $354,492

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $5,165,505 · program services $4,589,391 · management and general $576,114

  • 12 · Advertising and promotion

    total $99,967 · program services $260 · management and general $99,707

  • 13 · Office expenses

    total $459,027 · program services $335,758 · management and general $123,269

  • 14 · Information technology

    total $16,465 · program services $15,341 · management and general $1,124

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $772,224 · program services $616,312 · management and general $155,912

  • 17 · Travel

    total $635,466 · program services $453,549 · management and general $181,917

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $65,181 · program services $53 · management and general $65,128

  • 20 · Interest

    total $187,068 · program services $187,068

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $1,203,729 · program services $1,043,792 · management and general $159,937

  • 23 · Insurance

    total $0

  • 24a · Other expenses: PHARMACY, MEDICAL SUPPLIES

    total $3,779,179 · program services $3,638,995 · management and general $140,184

  • 24b · Other expenses: BAD DEBT EXPENSE - PROGRAM

    total $641,557 · program services $641,557

  • 24c · Other expenses: EQUIP RENTAL, REPAIR & MAINT.

    total $470,425 · program services $407,594 · management and general $62,831

  • 24d · Other expenses: DUES & MEMBERSHIPS

    total $181,427 · program services $23,670 · management and general $157,757

  • 24e · All other expenses

    total $427,320 · program services $21,357 · management and general $405,963

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $22,322 · end of year $32,488

  • 2 · Savings and temporary cash investments

    beginning of year $22,180,221 · end of year $26,160,901

  • 3 · Pledges and grants receivable

    beginning of year $2,345,723 · end of year $1,804,557

  • 4 · Accounts receivable

    beginning of year $3,159,035 · end of year $5,063,070

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $509,709 · end of year $504,367

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,543,379 · end of year $1,362,748

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

    $38,951,800

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

    $14,089,557

  • 10c · Land, buildings and equipment, net

    beginning of year $22,784,301 · end of year $24,862,243

  • 11 · Investments: publicly traded securities

    beginning of year $0 · end of year $0

  • 12 · Investments: other securities

    beginning of year $0 · end of year $0

  • 13 · Investments: program-related

    beginning of year $0 · end of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $982,561

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,661,561 · end of year $4,736,544

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $3,085 · end of year $43,350

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $6,124,428 · end of year $5,994,460

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $1,290,857 · end of year $1,815,527

  • 27 · Net assets without donor restrictions

    beginning of year $42,464,759 · end of year $48,183,054

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $0

Mission and programs · 2022

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.

Activities or mission (Part I)

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.

  • VALLEY-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.

    Expenses $43,105,675 · Revenue $43,828,514

  • On February 3, 2023, Valley-Wide Health System entered into a Memorandum of Understanding (MOU) with Southeast Mental Health Services (Southeast). Southeast operated as a Community Mental Health Center and is affiliated with Southeast Behavioral Health Group, Partnership for Progress, Family Guidance Institute, and Southeast Wellness Works, LLC (collectively, the Health Group). Southeast Mental Health Services and Southeast Behavioral Group and their affiliates provide behavioral health and other services throughout multiple rural counties in southern Colorado.

  • (continued) To better serve its communities and to capitalize on available synergies the Boards of Directors of Valley-Wide Health System and the Health Group deemed it to be in the best interest of all parties for Valley-Wide Health System to enter into a transaction with Southeast and its respective affiliates. Under the MOU, on March 6, 2023, Valley-Wide Health System became the sole member of Southeast and the Health Group's employees were transferred to Valley-Wide Health System.

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Jania Arnoldi

    Chief Executive Officer

    Total calculated
    $292,543
    From this org
    $256,918
    From related orgs
    $0
    Other
    $35,625
    Hours/week
    40 + 4 related

    Schedule J breakdown matched by us

    Base
    $214,192
    Bonus
    $11,000
    Other
    $31,726
    Deferred
    $10,365
    Nontaxable benefits
    $25,260
    Filer's total
    $292,543

  • Jeffrey Perry

    Physician

    Total calculated
    $285,222
    From this org
    $255,398
    From related orgs
    $0
    Other
    $29,824
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $239,826
    Bonus
    $2,840
    Other
    $12,732
    Deferred
    $10,467
    Nontaxable benefits
    $19,357
    Filer's total
    $285,222

  • Nancy Panter

    Physician

    Total calculated
    $282,115
    From this org
    $260,700
    From related orgs
    $0
    Other
    $21,415
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $225,928
    Bonus
    $500
    Other
    $34,272
    Deferred
    $10,359
    Nontaxable benefits
    $11,056
    Filer's total
    $282,115

  • Emelin Martinez

    Chief Medical Officer

    Total calculated
    $246,754
    From this org
    $231,598
    From related orgs
    $0
    Other
    $15,156
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $177,954
    Bonus
    $16,500
    Other
    $37,144
    Deferred
    $5,915
    Nontaxable benefits
    $9,241
    Filer's total
    $246,754

  • Tammy Gregg

    PHYSICIAN

    Total calculated
    $245,238
    From this org
    $215,120
    From related orgs
    $0
    Other
    $30,118
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $176,072
    Bonus
    $14,000
    Other
    $25,048
    Deferred
    $7,509
    Nontaxable benefits
    $22,609
    Filer's total
    $245,238

  • Bhavitha George Richard

    PHYSICIAN

    Total calculated
    $233,025
    From this org
    $218,420
    From related orgs
    $0
    Other
    $14,605
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $182,012
    Bonus
    $22,460
    Other
    $13,948
    Deferred
    $0
    Nontaxable benefits
    $14,605
    Filer's total
    $233,025

  • Javier Martinez

    Chief Financial Officer

    Total calculated
    $171,269
    From this org
    $149,262
    From related orgs
    $0
    Other
    $22,007
    Hours/week
    40 + 4 related

    Schedule J breakdown matched by us

    Base
    $114,382
    Bonus
    $11,000
    Other
    $23,880
    Deferred
    $6,170
    Nontaxable benefits
    $15,837
    Filer's total
    $171,269

  • Celina Espinoza

    Board Chair

    Total calculated
    $0
    Hours/week
    2

  • Matthew Martinez

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Jeremy Silva

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Linda L DeHerrera

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Michelle Ballantyne

    board member

    Total calculated
    $0
    Hours/week
    1

  • Michelle Ferrera

    Secretary

    Total calculated
    $0
    Hours/week
    1

  • Patricia Freda

    board member (TO 8/2022)

    Total calculated
    $0
    Hours/week
    1

  • Sandra Lundquist

    board member (TO 5/2023)

    Total calculated
    $0
    Hours/week
    1

  • Alondra Maldonado

    board member

    Total calculated
    $0
    Hours/week
    1

  • Bonnie Gutierrez

    Board Member from 3/2023

    Total calculated
    $0
    Hours/week
    1

  • Trevor La Cost

    Board Member (From 2/23)

    Total calculated
    $0
    Hours/week
    1 + 4 related

  • Raul Ramos

    Board Member (From 7/22)

    Total calculated
    $0
    Hours/week
    1

  • Mary Shorter-King

    Board Member (From 10/22)

    Total calculated
    $0
    Hours/week
    1

  • John Spano

    Board Memeber (From 3/23)

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • Carol Noll

    Board Member (TO 5/2023)

    Total calculated
    $0
    Hours/week
    1 + 3 related

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
  • 7 · Other non-fixed payments

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
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

schedule j, line 7
CEO JANIA ARNOLDI RECEIVED A BONUS DURING THE 2022 CALENDAR YEAR AT THE DISCRETION OF THE BOARD.

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
2022
Filed
15 May 2023
IRS schema version
2022v5.0
Source object
202420939349301322

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