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Nonprofit · EIN 92-0019395

THE VALLEY HOSPITAL ASSOCIATION INC

Also known as MAT-SU HEALTH FOUNDATION

Tax-exempt · WASILLA, AK 99654

Financials

$60.4M$22.4M2021$72.9M$25.1M2022$59.6M$26.7M2023$57.1M$36.5M2024
Revenue Expenses · by fiscal year end
Financials of THE VALLEY HOSPITAL ASSOCIATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$57,147,246$36,452,733$20,694,513$435,122,042$7,605,958$427,516,084
December 31, 2023990 (amended)$59,626,200$26,660,762$32,965,438$398,343,020$9,063,699$389,279,321
December 31, 2022990 (amended)$72,860,061$25,131,404$47,728,657$341,754,733$8,687,406$333,067,327
December 31, 2021990 (amended)$60,449,303$22,399,587$38,049,716$330,090,362$12,848,750$317,241,612
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,262,571
Membership dues
$9,871
Program service revenue
$47,820,093
Investment income
$7,643,597
Net rental income
$418,482
Net gain from sales of assets
-$104,142
Other revenue
$420,985

Expenses

Grants and similar amounts paid
$24,437,734
Compensation of officers, directors and key employees
$1,040,825
Other salaries and wages
$4,182,384
Salaries, compensation and benefits (total)
$5,223,209
Professional fundraising fees
$0
Legal fees
$130,604
Accounting fees
$172,808
Occupancy
$643,351
Travel
$121,964
Depreciation
$472,020
Program services (functional)
$30,608,847
Management and general (functional)
$5,843,886

Balance sheet and other

Total assets, start of year
$398,343,020
Total assets, end of year
$435,122,042
Total liabilities, end of year
$7,605,958
Net assets, end of year
$427,516,084
Land, buildings and equipment
$25,264,916
Publicly traded securities
$280,823,848
Net assets without donor restrictions
$427,281,462
Net assets with donor restrictions
$234,622
Gross receipts
$90,003,911
Employees
46
Volunteers
14
Year formed
1948
State of legal domicile
AK

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
ELIZABETH RIPLEYCHIEF EXECUTIVE OFFICER
Officer
40$317,933$14,633
WILLIAM BILL FINLEYCHIEF FINANCIAL OFFICER
Officer
40$220,114$52,101
ESTHER PITTSCHIEF COMMUNITY IMPACT OFFICER
Key employee
40$178,257$40,268
KESHA CLINKSCALECHIEF OPPERATING OFFICER
Key employee
40$177,932$39,587
JAMES BECKSENIOR PROGRAM OFFICER
Highest-paid employee
40$162,145$24,407
VANDANA INGLESENIOR PROGRAM OFFICER
Highest-paid employee
40$135,334$45,000
EIZABETH LARSONPROGRAM DIRECTOR
Highest-paid employee
40$125,138$44,593
RAY MICHAELSONPROGRAM OFFICER
Highest-paid employee
40$132,701$23,229
EVIE SHIELDSCONTROLLER
Highest-paid employee
40$126,051$6,958
LEBRON MCPHAILCHAIR
Trustee or director, Officer
10$0$0
LISA WADEVICE CHAIRPERSON
Trustee or director, Officer
10$0$0
TERI NAMTVEDTSECRETARY/TREASURER
Trustee or director, Officer
10$0$0
TAMMY BRUCEDIRECTOR
Trustee or director
10$0$0
MARISA CHUDDIRECTOR
Trustee or director
10$0$0
RAELYNN DANIELOWSKIDIRECTOR
Trustee or director
10$0$0
8 more people on this return
NameTitleHours / weekCompensation
DR BARB DOTYDIRECTOR
Trustee or director
10$0
GREG JONESDIRECTOR
Trustee or director
10$0
KEITH KEHOEDIRECTOR
Trustee or director
10$0
SAMMYE POKRYFKIDIRECTOR
Trustee or director
10$0
LISA SMAYDADIRECTOR (THRU 10/24)
Trustee or director
10$0
HILARY STARKDIRECTOR
Trustee or director
10$0
DAVID ELLERDIRECTOR
Trustee or director
10$0
WILLIAM ROSS NEWCOMBEDIRECTOR
Trustee or director
10$0
990 for the year ended December 31, 2023: 24 people
NameTitleHours / weekCompensationOther / benefits
ELIZABETH RIPLEYCHIEF EXECUTIVE OFFICER
Officer
40$308,950$12,088
ROBIN MINARDCHIEF COMMUNICATIONS OFFICER
Highest-paid employee
40$153,875$36,672
JAMES BECKSENIOR PROGRAM OFFICER
Highest-paid employee
40$165,067$20,553
VANDANA INGLESENIOR PROGRAM OFFICER
Highest-paid employee
40$123,087$45,458
ELIZABETH LARSONPROGRAM DIRECTOR
Highest-paid employee
40$119,279$44,263
WILLIAM BILL FINLEYCHIEF FINANCIAL OFFICER
Officer
40$138,823$18,771
RAY MICHAELSONPROGRAM OFFICER
Highest-paid employee
40$134,681$19,343
EVIE SHIELDSCONTROLLER
Officer
40$135,547$5,430
LEBRON MCPHAILCHAIR
Trustee or director, Officer
1$0$0
LISA WADEVICE CHAIRPERSON
Trustee or director, Officer
1$0$0
TERI NAMTVEDTSECRETARY/TREASURER
Trustee or director, Officer
1$0$0
TAMMY BRUCEDIRECTOR
Trustee or director
1$0$0
MARISA CHUDDIRECTOR
Trustee or director
1$0$0
RAELYNN DANIELOWSKIDIRECTOR
Trustee or director
1$0$0
DR BARB DOTYDIRECTOR
Trustee or director
1$0$0
GREG JONESDIRECTOR
Trustee or director
1$0$0
KEITH KEHOEDIRECTOR
Trustee or director
1$0$0
SAMMYE POKRYFKIDIRECTOR
Trustee or director
1$0$0
LISA SMAYDADIRECTOR
Trustee or director
1$0$0
HILARY STARKDIRECTOR
Trustee or director
1$0$0
DAVID ELLERDIRECTOR
Trustee or director
1$0$0
WILLIAM ROSS NEWCOMBEDIRECTOR
Trustee or director
1$0$0
RICHARD PORTERDIRECTOR (THRU 5/23)
Trustee or director
1$0$0
PHILIP LICHTDIRECTOR (THRU 5/23)
Trustee or director
1$0$0
990 for the year ended December 31, 2022: 21 people
NameTitleHours / weekCompensationOther / benefits
ELIZABETH RIPLEYCHIEF EXECUTIVE OFFICER
Officer
40$249,885$11,524
KAREN KONEMANNVP OF PROGRAMS
Highest-paid employee
40$159,038$18,192
JAMES BECKSENIOR PROGRAM OFFICER
Highest-paid employee
40$157,040$19,567
ROBIN MINARDCHIEF COMMUNICATIONS OFFICER
Highest-paid employee
40$143,286$31,234
VANDANA INGLESENIOR PROGRAM OFFICER
Highest-paid employee
40$121,330$37,565
EVIE SHIELDSINTERIM CHIEF FINANCIAL OFFICER
Officer
40$136,030$6,870
RAY MICHAELSONPROGRAM OFFICER
Highest-paid employee
40$130,053$6,592
CHRISTOPHER EMONDCHIEF FINANCIAL OFFICER (THRU 4/22)
Officer
40$70,983$13,384
LEBRON MCPHAILCHAIR
Trustee or director, Officer
1$0$0
LISA WADEVICE CHAIRPERSON
Trustee or director, Officer
1$0$0
TERI NAMTVEDTSECRETARY/TREASURER
Trustee or director, Officer
1$0$0
TAMMY BRUCEDIRECTOR
Trustee or director
1$0$0
MARISA CHUDDIRECTOR
Trustee or director
1$0$0
RAELYNN DANIELOWSKIDIRECTOR
Trustee or director
1$0$0
DR BARB DOTYDIRECTOR
Trustee or director
1$0$0
GREG JONESDIRECTOR
Trustee or director
1$0$0
KEITH KEHOEDIRECTOR
Trustee or director
1$0$0
PHILIP LICHTDIRECTOR
Trustee or director
1$0$0
SAMMYE POKRYFKIDIRECTOR
Trustee or director
1$0$0
RICHARD PORTERDIRECTOR
Trustee or director
1$0$0
LISA SMAYDADIRECTOR
Trustee or director
1$0$0
990 for the year ended December 31, 2021: 24 people
NameTitleHours / weekCompensationOther / benefits
ELIZABETH RIPLEYCEO
Officer
40$250,942$9,165
CHRISTOPHER EMONDCFO
Officer
40$211,113$22,329
KAREN KONEMANNVP OF PROGRAMS
Highest-paid employee
40$191,493$7,841
JAMES BECKSENIOR PROGRAMS OFFICER
Highest-paid employee
40$148,548$5,995
ROBIN MINARDCHIEF COMMUNICATIONS OFFICER
Highest-paid employee
40$136,736$16,749
VANDADA INGLESENIOR PROGRAM OFFICER
Highest-paid employee
40$116,881$17,559
RAY MICHAELSONPROGRAM OFFICER
Highest-paid employee
40$123,898$4,938
LEBRON MCPHAILCHAIR
Trustee or director, Officer
1$0$0
LISA WADEVICE CHAIRPERSON
Trustee or director, Officer
1$0$0
TERI NAMTVEDTSECRETARY/TREASURER
Trustee or director, Officer
1$0$0
TAMMY BRUCEDIRECTOR
Trustee or director
1$0$0
MARISA CHUDDIRECTOR
Trustee or director
1$0$0
RAELYNN DANIELOWSKIDIRECTOR
Trustee or director
1$0$0
DR BARB DOTYDIRECTOR
Trustee or director
1$0$0
GREG JONESDIRECTOR
Trustee or director
1$0$0
KEITH KEHOEDIRECTOR
Trustee or director
1$0$0
PHILIP LICHTDIRECTOR
Trustee or director
1$0$0
SAMMYE POKRYFKIDIRECTOR
Trustee or director
1$0$0
RICHARD PORTERDIRECTOR
Trustee or director
1$0$0
LISA SMAYDADIRECTOR
Trustee or director
1$0$0
MARY OLSONDIRECTOR (THRU 6/21)
Trustee or director
1$0$0
RANDY WESTBROOKDIRECTOR (THRU 6/21)
Trustee or director
1$0$0
KEN KINCAIDDIRECTOR (THRU 6/21)
Trustee or director
1$0$0
JONATHAN WALKERDIRECTOR (THRU 6/21)
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
777 N CRUSEY ST STE A201, WASILLA, AK 99654-7104
Principal officer (990 for 2024)
ELIZABETH RIPLEY, 777 N CRUSEY STREET A201, WASILLA, AK 99654
Signed the 990
BILL FINLEY, CFO
Phone
(907) 352-2863
Return prepared by
BAKER TILLY ADVISORY GROUP LP

Mission

THE PRIMARY EXEMPT PURPOSE IS THE PROVISION OF MEDICAL SERVICES TO AREA RESIDENTS THROUGH A PARTNERSHIP WITH THE MAT-SU VALLEY MEDICAL CENTER AND GRANTS TO COMMUNITY ORGANIZATIONS.

990 for the year ended December 31, 2024

Program accomplishments

  • THE 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.
    Expenses $30,608,847 · grants $24,437,734
  • INVESTMENT IN MAT-SU VALLEY MEDICAL CENTER, LLC, JOINT VENTURE.
    revenue $47,820,093

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
92-0019395
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Hospital or medical research organization
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1948
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E220)
Assets (IRS master file)
$435,122,042
Income (IRS master file)
$90,003,911

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$57,147,246$36,452,733$435,122,042IRS
990December 2023$59,626,200$26,660,762$398,343,020XML
990-TDecember 2023–––IRS
990December 2022$72,860,061$25,131,404$341,754,733IRS
990-TDecember 2022–––IRS
990December 2021$60,449,303$22,399,587$330,090,362XML
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 92-0019395).

Questions about THE VALLEY HOSPITAL ASSOCIATION INC

What is the EIN of THE VALLEY HOSPITAL ASSOCIATION INC?
The employer identification number (EIN) of THE VALLEY HOSPITAL ASSOCIATION INC is 92-0019395.
Is THE VALLEY HOSPITAL ASSOCIATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1948.
Are donations to THE VALLEY HOSPITAL ASSOCIATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THE VALLEY HOSPITAL ASSOCIATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of THE VALLEY HOSPITAL ASSOCIATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THE VALLEY HOSPITAL ASSOCIATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of THE VALLEY HOSPITAL ASSOCIATION INC?
The 990 for the year ended December 31, 2024 names ELIZABETH RIPLEY.
Who are the officers and directors of THE VALLEY HOSPITAL ASSOCIATION INC?
The 990 for the year ended December 31, 2024 lists 23 people; 9 received compensation from the organization, the highest $317,933 (ELIZABETH RIPLEY, CHIEF EXECUTIVE OFFICER).
How much revenue does THE VALLEY HOSPITAL ASSOCIATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $57,147,246, expenses of $36,452,733 and total assets of $435,122,042 at year end.

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