Community Memorial Hospital Incorporated

What it reported doing in 2024

Community memorial hospital, inc. Is a 501(c)(3) nonprofit corporation referred to as spring valley living. We provide healthcare services to the citizens of spring valley and the surrounding communities. The organization provides services to these individuals regardless of their ability to pay. The services provided include inpatient skilled care housing with services and rehabilitation services. The proceeds are used to provide the care needed for those utilizing our services in skilled care, rehabilitation, housing with services, and home care settings within the past year. The proceeds provide the financial resources to provide the services that the community and surrounding area are requesting of the organization. Community memorial hospital, inc., referred to as spring valley living operates on a nondiscriminatory basis, regardless of race, color, sex, religion, or national origin. The organization provides a continuum of care to meet the long term healthcare needs of residents ranging from state licenses, medicare certified 50bed skilled nursing facility, called spring valley care center. The spring valley care center, in the fiscal year 2025, admitted 72 patients with total patient days of 15,225 of which 41% of those patient days were medical assistance and medical assistant managed care patients, 13% were veteran administration, and 9% were medicare. There were 38 units of licensed assisted living of which 24 of those units are for memory care assisted living, and 20 units of flexible living that housed community members, providing care that was not able to be provided any longer in their previous home. The assisted living and housing with services provides housing and services for clients on elderly waiver and group residential housing as well as private pay. In the past year approximately 26% of the tenants utilized some sort of assistance. Spring valley community memorial hospital, inc. Operating as spring valley living maintains continuing arrangements with other organizations and health professionals to provide access to physical, occupational, and speech therapists, podiatrists, and mental health specialists to meet the healthcare needs of its residents and there were approximately $131,769.51 of services that were provided to tenants that were needed, but the tenant did not have the money or source of funding through other means to pay for (charity care). This is referred to as community care in our operations. The skilled long term healthcare facility provides these services to the longtime members of the city of spring valley and the surrounding farm communities. The organization allows for families and their loved ones to receive the care needed close to home regardless of their financial situation.this organization works with the on the job experience programs in coordination with the se mn workforce centers and is a clinical site for the rochester technical college for some of their programs. This organization partners with other service organizations to educate the community in topics such as fall prevention, stroke prevention, dementia care, and other health concerns for the aging population of this community and their families. This organization coordinates programs with the kingsland school district to provide exposure to long term care for elementary and high school students. The local ffa works with the organization in providing an avenue for members to do service work within the long term care industry. There are programs within the school that allow spring valley living to work with interested students to provide a work setting for them.this organization provided educational assistance to several individuals in health care related study. This organization provided a location for community education programs offered to those in the spring valley area along with meeting space for various religious and civic groups.

Financial Efficiency

• Mission deployment rate: 89%; rating input score 89
• Program expense ratio: 86.5%; rating input score 87
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: 1 of 6 controls in place; rating input score 17
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 8 of 9 controls in place; rating input score 89
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -3.4%; rating input score 23; 23rd percentile among comparable filings
• Total-asset coverage ratio: 1.47; rating input score 51; 51st percentile among comparable filings
• Liabilities to assets ratio: 0.77; rating input score 11; 11th percentile among comparable filings
• Officer compensation ratio: 4.3%; rating input score 59; 59th percentile among comparable filings

Growth

• Program expense growth: 7% per year; rating input score 100; 50th percentile among comparable filings
• Revenue growth: 5.6% per year; rating input score 100; 45th percentile among comparable filings
• Asset growth: 6.6% per year; rating input score 100; 43rd percentile among comparable filings